According to IMS Research, the market for solar PV manufacturing equipment may be halved in 2012. Due to the significant decline in new demand for solar photovoltaic manufacturing equipment, there is limited demand for replacement and upgrade of existing equipment in the market, and the market is expected to fall by more than 55% in 2012.
In recent years, manufacturers of solar photovoltaic products have invested heavily in new equipment to expand their production capacity in order to expand their market share and make themselves a reliable high-volume supplier. Although this has contributed to the recent boom in the solar manufacturing equipment market, it has also led to overcapacity in current equipment manufacturers.
Senior research analyst Tim Dawson said: "According to IMS Rsearch estimates, PV manufacturing equipment market revenue reached a record $12.8 billion in 2011 and will only exceed $5.7 billion in 2012. Large-scale overcapacity, coupled with demand As the producers, if possible, they either postpone or cancel orders for PV manufacturing equipment, at least in the short term.
In the long run, it is inevitable to resume growth in 2013, but it is not expected that a strong V-shaped recovery will occur. The photovoltaic manufacturing equipment market will recover steadily. After all, PV producers will still want to invest again in new equipment to remain competitive, improve production processes, provide battery efficiency, and ultimately reduce cost per watt.
Touch Screen Bathroom Mirror,Touch Screen Vanity Mirror,Touch Light Bathroom Mirror,Led Touch Mirror For Bathroom
NINGBO EASTKEY ILLUMINATE APPLIANCE CO.,LTD , https://www.eastkeylighting.com