According to the latest quarterly report released by market research agency,NPDSolarbuzz, in the past two years, the demand and supply of the PV market will soon stabilize.In 2012 demand of global PV market will exceed 30 GW, an increase of 8% compared with 2011, of which more than 5GW is from emerging Asia-Pacific market, and China will occupy a larger proportion again. NPD Solarbuzz said turbulence factor of the photovoltaic industry supply and demand relationship will stabilize sometime in the second quarter of this year. Since silicon and silicon processing costs will decline by 20% -35% this year, the components of production will decline in costs. In view the selling price of polysilicon average decrease does not exceed 10% in the second half of this year, crystalline silicon manufacturers will have to make a decision, the only way to maintain competitiveness is the focus on non-silicon to reduce the process work. NPDSolarbuzz's analyst,Michael Barker said: "The photovoltaic industry has experienced a serious imbalance of supply and demand for 18 months, led to the decline in product prices, profit margins shrink. However, the industry is very confident about strong market demand at the second half of the year , combined with careful control capacity utilization, the PV market leader will be able to better strategic planning in 2013 to make arrangements. " The major cost reductions are in component production stage, a number of crystalline silicon manufacturers have the ability to have a 40% reduction in component costs in 2012. |
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PV Market Achieves Balance Between Supply And Demand In The