Trade Resources Industry Views Worldwide Solar Market Demand in 2014 Approximately at 44GW

Worldwide Solar Market Demand in 2014 Approximately at 44GW

The worldwide solar market demand in 2014 was approximately at 44GW. Going into 2015 the worldwide solar demand is projected at 51.4GW, with the key markets remaining in China, the US, and Japan, taking up 57% of the overall share. In 2015, the growth momentum of the emerging markets will become more apparent, and the overall demand will surpass 10GW, according to EnergyTrend.

In 2014, the top three solar makers, Trina, Yingli and Jinko all had the opportunity to surpass the 3GW shipment threshold. The total shipment volume from the top-10 module makers has taken up 50% of the global market share, marking a continuous increase from the 46% in 2013. In 2015, a single maker may break the shipment record of more than 5GW. Therefore, in order to be in one of the top-5 module makers, shipments must achieve at least 3.5GW, the firm said.

Source: http://www.digitimes.com/news/a20141216PR201.html
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Worldwide Solar Demand Projected at 51.4gw in 2015, Says Energytrend
Topics: Lighting