The global market for advanced materials and devices used in renewable energy systems was $18.2 billion in 2010; it is projected to approach $22.3 billion in 2011 and it will further grow to $31.8 billion in 2016 increasing at a compound annual growth rate (CAGR) of 7.4%
Advanced Materials and Devices for Renewable Energy : Global Markets -- Focus on the U.S.
1. Advanced Materials and Devices for Renewable Energy : Global Markets -- Focus
on the U.S.
The global market for advanced materials and devices used in renewable energy systems
was $18.2 billion in 2010; it is projected to approach $22.3 billion in 2011 and it will further
grow to $31.8 billion in 2016 increasing at a compound annual growth rate (CAGR) of 7.4%
In 2010, the U.S. consumed more than $1.1 billion worth of advanced materials and devices
used in the production of renewable energy systems. The market is projected to grow to
nearly $1.3 billion in 2011 and more than $4.1 billion in 2016, a CAGR of 26.9% over the
next 5 years.
Photovoltaic materials and devices account for the largest share of the U.S. market, i.e.,
nearly 53% in 2010. PVs’ share of the market is projected to decline to 39% by 2016, but
is still expected to lead wind energy, the second-largest segment with 30% of the market in
2016.
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STUDY GOALS AND OBJECTIVES
The overall goal of this study is to identify and quantify the market for advanced material
and device technologies used in renewable-energy systems. Specific objectives include
the following:
Identifying advanced materials and devices that are used in renewable-energy systems
Analyzing and predicting trends in the most likely application(s) for each of these materials
and devices, as the basis for developing baseline estimates of the renewable-energy-related
market for advanced materials and devices
Pinpointing new materials and devices that are likely to be introduced into renewable-
energy systems in the next 5 years and their expected market impacts
Drawing attention to manufacturers of renewable-energy systems and associated advanced
materials and devices that are most likely to benefit from the trends identified above
Major points covered in Table of Contents of this report include:
Chapter- 1: INTRODUCTION
Chapter- 2: EXECUTIVE SUMMARY
Chapter- 3: OVERVIEW
Chapter- 4: SOLAR PHOTOVOLTAICS
Chapter- 5: SOLAR THERMAL COLLECTORS
Chapter- 6: SMALL HYDROPOWER
Chapter- 7: WIND ENERGY
Chapter- 8: GEOTHERMAL ENERGY
2. Chapter- 9: OCEAN ENERGY
Chapter- 10: GLOBAL MARKETS FOR ADVANCED MATERIALS AND DEVICES USED IN
RENEWABLE ENERGY PRODUCTION GLOBAL MARKET
Chapter- 11: UNITED STATES MARKET FOR ADVANCED MATERIALS AND DEVICES
USED IN RENEWABLE ENERGY PRODUCTION
Chapter- 12: VENDOR PROFILES
Tables and Figures
Explore Tables of Contents available in the report Advanced Materials and Devices for
Renewable Energy : Global Markets -- Focus on the U.S.
Report Details:
Published: January 2012
No. of Pages: 153
Price: Single User License – US$3900 Corporate User License – US$6835
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