Login

Library
Shopping Cart
Drug DB
Remember Me
Forgot password/Login issues?
loading animation for AJAX calls
 
 

Energy And Resources

Advanced Materials and Devices for Renewable Energy: Global Markets--Focus on Emerging Markets

Bookmark and Share

REPORT HIGHLIGHTS

  • 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.

SUMMARY FIGURE
RENEWABLE ENERGY CONSUMPTION OF ADVANCED MATERIALS AND DEVICES BY TYPE, 2010-2016
(%)
Source: BCC Research