Published on : Aug 08, 2016
ALBANY, New York, August 08, 2016: ResearchMoz.us has added a new report, titled “Taiwanese Solar PV Cell Industry, 2Q 2016,” to its offering. This research report presents an in-depth understanding of the solar PV cell industry in Taiwan. The report also presents a number of variables that have impacted the growth of this market in Taiwan. The study employs regression models in order to gauge the direction of the market in the coming years. The shipment value and volume forecast of the Taiwanese silicon PV cell industry have also been presented through this study.
The first section of the study provides an introduction to the market, under which the definition of photovoltaic (PV) systems, solar PV cells, their utilization rate, and their production volume in Taiwan have been presented. Photovoltaic systems are utilized for the conversion of sunlight into electricity. These systems can be easily installed, are reliable and safe, and have a low cost of operation. In terms of components, the solar PV cells market is categorized into thin film PV cells and crystalline silicon PV cells.
The key applications of solar cells in Taiwan have been presented in the next part of the report. Solar PV cells are employed to power a number of products such as telecommunications equipment, navigation aids, watches, and calculators in Taiwan. In addition, these cells have also been utilized in biomedical engineering, in areas such as power implanted devices, imaging, and as sensors.
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Further, the report also presents information on the shipment value of the Taiwanese silicon PV cell industry and estimates its shipment value by the end of the second quarter of 2016. Taiwan is considered amongst the prime PV producing nations globally. The PV industry in this nation is predicted to grow in the coming years, thus providing an excellent environment to manufacture intelligent PV automation technologies for the key players operating in the market.
In addition, if the suppliers in the Taiwanese solar PV cell industry swiftly increase their production capacity, the demand for PV equipment in Taiwan will further rise in forthcoming years, thus fuelling the growth of the Taiwanese solar PV cell industry. Furthermore, In order to excel in this industry in the coming years, the dominant companies will also have to cut their shipping costs.
In addition, these companies will also have to reduce their production costs and introduce effective but cheaper PV products in the market. This will provide impetus to the growth of the market in Taiwan in the coming years.
The key suppliers in the Taiwanese solar PV cell industry are Giga Solar, E-Ton Solar, Solartech Energy Corp., Neo Solar Power Corp, and Sino-American Silicon Products.
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