Advanced Materials and Devices for Renewable Energy: Global Markets

Published - Jan 2012| Analyst - Andrew McWilliams| Code - EGY053C
Market Research Report Single User License: $2750 Member Price: FREE

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%.

Report Scope

The 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
  • Wind
  • Geothermal
  • Ocean

The report does not cover biofuels or renewable-energy-storage technologies such as batteries and fuel cells in detail because they are covered in other recent BCC studies.

The report includes the following major elements:

  • Executive summary
  • Definitions
  • Overall trends in renewable-energy systems
  • Advanced materials and devices with current or potential applications in renewable-energy systems
    • Main suppliers/buyers description
    • Commercial/developmental status
    • Specific renewable-energy applications
    • Properties/advantages and disadvantages/competing materials or devices
  • Market size, segmentation and growth trends
    • 2010 global sales as well as sales in selected regional and national markets
    • Market drivers
    • Market projections, 2011-2016
  • Industry analysis
    • Number and size of firms
    • Company profiles

Analyst Credentials

Andrew McWilliams spent more than 25 years as a consultant with Ernst & Young, McKinsey & Company and A.T. Kearny focused on manufacturing before segueing into research analysis. He has been covering myriad technology categories for BCC Research for more than 15 years. McWilliams has a BA from Princeton University and an MA from Harvard University. He has worked in more than 40 countries and he resides in the greater Boston area.

Latest reports include:

Table of Contents & Pricing

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at
Note: Reports are discounted or included with certain Memberships. See Membership Options.
Published - Nov-2009| Analyst - Andrew McWilliams| Code - EGY053B

Report Highlights

  • The global market for advanced materials and devices for renewable-energy systems was worth an estimated $11,636.8 million in 2009.  The market is projected to grow to more than $16,900 million in 2014 at a compound annual growth rate (CAGR) of 7.8% from 2009 to 2014.
  • Small hydro and ocean energy sales will experience the highest compound annual growth rate (CAGR) over the forecast period of 193.6%. This sector is worth $1.1 million in 2009 and is expected to reach nearly $240.1 million in 2014.
  • The total market for Geothermal energy is projected to grow from $5.8 million in 2009 to $14 million in 2014, a compound annual growth rate (CAGR) of 19.3%.  The two fastest-growing segments of the advanced materials and devices market are Solar energy (PV and thermal) and Small hydro and ocean energy. 


Published - Feb-2007| Analyst - Andrew McWilliams| Code - EGY053A

Report Highlights

  • The total global market for advanced materials and devices for renewable energy systems was worth almost $2.4 billion by the end of 2006. Growing at a compound annual growth rate (CAGR) of 25.8%, the market will be worth almost $7.5 billion by 2011.
  • Solar photovoltaic devices hold the highest share of the market throughout the forecast period, worth $1.2 billion in 2006-55.1% of the total global market. By the end of 2011 they will be worth more than $4.9 billion, a CAGR of 28.1% and a 56.3% share of the market.
  • Ocean energy had the highest growth rate through the forecast period, reaching $360 million in 2011, a CAGR of 66.5%.

Need a custom data table, graph or complete report? Tell us more.

Contact Us
Share This Report