© Copyright 2010 IMS Researchwww.PVMarketResearch.com
The Global Photovoltaic Manufacturing Equipment Market
Tim Dawson – Research Director – IMS Research
A presentation for:
© Copyright 2010 IMS Researchwww.PVMarketResearch.com
Market research firm for global electronics industry since 1980s
75 analysts worldwide with 7 analysts focused on PV
UK HQ with offices in Shanghai and Austin, TX
Researching PV market for last 4 yearso Coverage of entire PV supply chaino Clients include top 10 suppliers of PV modules, inverters,
manufacturing equipment and system integrators
Services offered:o Quarterly & annual market reportso Online databases & market trackerso Supply/demand/pricing modelso Custom research & consultancy
New dedicated market research portal: www.pvmarketresearch.com
Who are IMS Research?
© Copyright 2010 IMS Researchwww.PVMarketResearch.com
PV Presentation Overview
Entire PV Supply Chain CoverageProjects &IntegratorsEntire PV Supply Chain Coverage
Data sourced from:
The World Market for Photovoltaic Manufacturing Equipment
The World Market for Photovoltaic Cells & Modules
© Copyright 2010 IMS Researchwww.PVMarketResearch.com
PV Cell Production – By Cell Type
Total in 2009 – 11.4 GW Total in 2014 – 27.7 GW
© Copyright 2010 IMS Researchwww.PVMarketResearch.com
PV Module Shipments – By Module Type
Crystalline Modules in 2009 = 43.1% Mono / 56.9% Poly
© Copyright 2010 IMS Researchwww.PVMarketResearch.com
Machinery Scope
Ingot Equipment
Wafer Equipment
Cell Equipment
Module Equipment
Thin Film Equipment
Handling Equipment
In total over 18 different equipment types quantified
Main Categories:
© Copyright 2010 IMS Researchwww.PVMarketResearch.com
PV Equipment Demand – By Type
Total Market Value (2009) = $3.88 Billion
Overcapacity in PV device manufacture in 2009 impacted the market
Down from $5.02 Billion in 2008
© Copyright 2010 IMS Researchwww.PVMarketResearch.com
Key Drivers for Manufacturing Equipment Growth
Demand for PV cells and modules
Capacity utilization
Access to finance
Movement to “best in class” equipment
Equipment replacement
Equipment integration
Silicon pricing
© Copyright 2010 IMS Researchwww.PVMarketResearch.com
PV Equipment Demand
>25%
Thin Film Equipment market share forecast to decrease to just over 20% by 2014 – down from ~28% in 2009
© Copyright 2010 IMS Researchwww.PVMarketResearch.com
PV Crystalline Equipment Supplier Rankings
13.0%
2.5%
© Copyright 2010 IMS Researchwww.PVMarketResearch.com
PV Thin Film Equipment Supplier Rankings
37.0%
3.0%
© Copyright 2010 IMS Researchwww.PVMarketResearch.com
Key Takeaways
Global demand for cells and modules will remain strong throughout 2010
Crystalline cell, module and equipment markets will remain larger and faster growing
Equipment market will be worth in excess of $12 billion by end of 2014
Excellent opportunity for handling equipment particularly in Asia
Longer term outlook is even more positive with IMS Research forecasting PV demand to exceed 90 GW by end of 2019
Tim DawsonIMS Research
www.imsresearch.comwww.PVMarketResearch.Com
All data sourced from syndicated IMS Research Reports