Noida, UP India (PressExposure) May 13, 2011 -- Domestic manufacturing of PV cells in the US has dramatically increased during the past few years. Manufacturers were estimated to have reported around 30% increase in photovoltaic cells and modules shipments during 2009 against 2008. PV cells and modules shipments registered a CAGR of 56% (which was amongst the highest in the world) during 2006-2009. The future growth prospects of the domestic PV cells manufacturing looks promising as various PV companies has started expanding their domestic operations, says our new research report "US Photovoltaic Market Analysis". The companies include Hemlock Semiconductor, First Solar, United Solar Ovonic, Schott Solar, and SolarWorld AG. These expansions will directly and indirectly support various new permanent job opportunities.
Moreover, our team of experts has found that, Crystalline Silicon cells, including single-crystal and cast & ribbon types, were the most preferred means of solar power generation as they accounted for majority share of the PV cells and module shipments in the US. Especially in the commercial segment, these modules are being heavily deployed owing to their cost benefits and comparatively higher efficiency.
The photovoltaic industry of the US has been segmented on the basis of sector into utility, residential, and non-residential. Detail statistics of installed PV in each of the sector has also been included in the report. Along with this, detail overview of the PV cell shipments, PV cell trade, and PV power plants has also been provided by our report.
Our report, "US Photovoltaic Market Analysis" provides thorough analysis of the various technologies of the PV industry, such as Crystalline Silicon PV Modules and Thin Film PV Modules along with thorough study of the investment opportunities in the country. The report has thoroughly examined current market trends; industrial developments, and competitive landscape to enable clients understand the market structure and its progress in coming years. Due consideration has been given to the possible after effects of recession on the industry. It will help clients to have a proper insight of the current and future outlook of the PV industry in the US.
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