June 21, 2012 13:21 ET

An Industry Moving to Consolidate, Thin Film PV Will Grow 7% Annually Through 2015: SBI Bulletin

NEW YORK, NY--(Marketwire - Jun 21, 2012) - Industrial and energy market research publisher SBI recently published market findings for the thin film photovoltaic manufacturing equipment market. The report, SBI Bulletin: Thin Film PV Manufacturing Equipment Global Manufacturer Profiles, reveals the market will post a compound annual growth rate (CAGR) of 7% during 2010-2015.

In 2010, the global thin film PV manufacturing equipment market represented over $3 billion in annual sales to start-up and commercial PV producers; it posted a significant CAGR of 69% from 2006-2010. Although the market has exited the emerging phase and is projected to grow roughly 7% annually through 2015, the report finds the industry is moving towards consolidation.

"The global PV supply chain and industries will take at least a year to re-adjust to relatively flattened demand out of Europe and to exploit other emerging markets in North America and East Asia," said Emil Salazar, SBI analyst. "In the market lull, photovoltaic producers are more likely to pursue consolidation and continue product development rather than invest heavily in additional thin film production lines."

The report, SBI Bulletin: Thin Film PV Manufacturing Equipment Global Manufacturer Profiles, provides in-depth reviews and analysis of leading and emerging companies involved in thin film PV manufacturing equipment production, including their products, systems and turnkey production line suppliers. Specific companies covered in the report include Apollo Solar Energy Technology, Applied Materials, BTU International, Centrotherm Photovoltaics, GreenSolar, Grenzebach, Leybold Optics, Mirle Automation, Oerlikon Solar, Pall Corporation, Roth & Rau, Singulus, Tokyo Electron, ULVAC, Veeco Instruments, and more.

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