2013-01-17 01:24:13 - Advanced Materials and Devices for Renewable Energy: Global Markets - a new market research report on companiesandmarkets.com
- The global market for advanced materials and devices used in renewable energy systems was $18.2 billion in 2010; it is projected to approach $22.3 billion in 2011 and it will further grow to $31.8 billion in 2016 increasing at a compound annual growth rate (CAGR) of 7.4%.- In 2010, emerging market countries consumed $876 million worth of advanced materials and devices used in the production of renewable energy systems. The market is projected to grow to $925 million in 2011 and nearly $1.3 billion in 2016, a CAGR of 6.9% over the next 5 years.- Photovoltaic materials and devices accounted for nearly 96% of the market in other countries. PV´s share of other countries is projected to
decline to 91% by 2016.STUDY GOALS AND OBJECTIVESThe overall goal of this study is to identify and quantify the market for advanced material and device technologies used in renewable-energy systems. Specific objectives include the following:- Identifying advanced materials and devices that are used in renewable-energy systems
- Analyzing and predicting trends in the most likely application(s) for each of these materials and devices, as the basis for developing baseline estimates of the renewable-energy-related market for advanced materials and devices
- Pinpointing new materials and devices that are likely to be introduced into renewable-energy systems in the next 5 years and their expected market impacts
- Drawing attention to manufacturers of renewable-energy systems and associated advanced materials and devices that are most likely to benefit from the trends identified aboveSCOPE AND FORMATThe report focuses on the global and major regional and national markets for advanced materials (e.g., polymers, elastomers, composites, high-temperature alloys, powder metals, thin films, and others) and devices (sensors and controllers, optics, etc.) used in the fabrication of the following types of renewable-energy systems:- Solar photovoltaic
- Solar thermal
- Mini- and micro-hydro
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