German PV Industry Fast Heading Towards Maturity

Top Quote Government's approach to make industry self dependent and regular FIT cuts will lead Germany to become a mature PV market by 2014 with annual installations forecasted at 5 GW, says RNCOS. End Quote
  • (1888PressRelease) October 13, 2010 - According to our latest research report, "German Photovoltaic Market Analysis", Germany has managed to sustain its PV market leadership in 2009, despite the global economic slowdown. Again in 2010, the industry is expected to break all previous annual installations records by posting around 100% year on year growth. The solar PV industry in Germany has now started to rely on its own development attributes and is not solely dependent on government incentives and other supports. Now the regulatory is concentrating on attracting long term investments for sustainable growth prospects. Considering the upcoming FIT cuts and other amendments, the annual installations are forecasted to weigh around 5 GW in 2014.

    The study identified that Germany provides an ideal platform for renewable energy industry to grow and prosper. As the imported energy sources constitute around 73% of country's energy needs, the scope for sustainable energy developments are enormous. However, PV share in renewable energy production was only 6.6% in 2009, but it is anticipated to increase substantially by 2011. However, the outlook for 2012-2014 is not much promising as installations will be limited and amended FIT's will result in corrections in the market.

    Further, Solar inverter market has been one of the key beneficiaries of the PV industry developments in Germany. The solar inverter market in the country is quite organized and top four players constitute the majority of market revenue. The futuristic market trends are indicating towards somewhat market saturation. Although 6 out of 10 inverters sold worldwide are made in Germany, country's dominance is now being challenged by Asian counterparts. To sustain their market leadership, companies will have to invest heavily on technological up gradation and will have to achieve cost competitiveness.

    Our report, "German Photovoltaic Market Analysis", provides extensive research and objective analysis of German PV industry and its future market potentials. It facilitates information and statistics on all prominent market segments including residential, commercial, and solar parks. Separate sections on industry value chain analysis and impacts of FIT cuts & road ahead will help clients to identify the factors critical to their successful strategy formulation and gain competitive edge over their rivals.

    For FREE SAMPLE of this report visit:


    About RNCOS:

    RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

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