PV cell production to keep moving to Asia


The main reason cited is the move by Asian electronic companies, like Samsung, AUO, Taiwan Semiconductor and LG, to capture a “major” share of the market. IMS says that while there are current fears the module market is saturated, the companies have all recently unveiled "impressive" solar expansion plans.


The company goes on to say that the predicted 2011 module oversupply is a result of "rapid" cell and module capacity increases last year, in combination with lower incentive rates and a slowdown in new PV installation growth. In a statement, it says: "In particular, small Tier 2 suppliers are predicted to be most affected, with larger Tier 1 suppliers still able to sell the majority of their products."

The overall outlook is positive, however, with IMS stating that industry demand will continue to increase at double digit rates over the next four years. Furthermore, it says that a "continuous stream of hopeful new entrants exists": of these, it believes the most successful will be the consumer electronics manufacturers.

"The expertise of these large Asian suppliers at large-scale production in similar fields and their willingness and ability to invest significant capital is likely to mean that they are able to quickly reach low-cost and high-volume production, and they certainly have the potential to be serious competition for today’s market leaders within a few years," comments PV research analyst Sam Wilkinson.

He adds: "Many suppliers are currently experiencing a lull in shipments, and it is likely that demand may remain weak until later in the year. The entrance of a number of large electronics suppliers which will offer competitively-priced PV components is likely to add some further obstacles for existing suppliers in an already volatile market."

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.


Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.