Photovoltaics drive thin-film market for energy applications

September 3, 2008

Wellesley, Mass. — The global market for thin films in energy applications is projected to reach $3.9 billion in 2013 up from $1.1 billion in 2007 for a compound annual growth rate (CAGR) of 23.5%, according to BCC Research.

The new technical market research report, The Global Market for Thin Films in Energy Applications, divides the market into application segments for photovoltaics, concentrating solar power, geothermal energy, nuclear energy, batteries and fuel cells. Of these, the photovoltaics segment holds the largest share of the market, with $916.4 million in revenues in 2007. This is slated to increase to $1.2 billion in 2008 and over $3.3 billion in 2013, for a CAGR of 23.6%.

Thin films for fuel-cell applications are the second largest segment, with sales exceeding $82.0 million in 2007. Sales are expected to increase to $98.7 million in 2008 and $301.0 million in 2013, for a CAGR of 25.0%.

Thin films for batteries consume the third largest share of the market, worth $36.0 million in 2007 and an estimated $39.2 million in 2008. This segment should reach over $98.0 million in 2013, for a CAGR of 20.1%. This segment is followed by applications in nuclear energy, which are expected to see the slowest growth of any segment. Revenues in 2007 exceeded $25.0 million and are expected to increase only slightly in 2008. This segment is projected to reach $33.1 million in 2013 for a CAGR of 5.0%.

Concentrating solar power applications are expected to see the most robust growth of any segment. Sales for thin films in this segment generated $14.7 million in 2007 and an estimated $23.4 million in 2008. This is expected to reach $93.0 million in 2013 for a CAGR of 31.8%.

Thin films for geothermal applications hold the smallest share of the market, worth $2.7 million in 2007. This is expected to increase to $3.0 million in 2008 and $5.3 million in 2013, for a CAGR of over 12.0%.¹

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¹Gina Roos; EETimes

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Global Market for Portable Battery Powered Products Worth $461.5 Billion by 2013

July 30, 2008

FOR IMMEDIATE RELEASE
July 30, 2008
Contact: Jason W. Prokowiew
Tel: 978-870-3345
Email: jason.prokowiew@bccresearch.com

GLOBAL MARKET FOR PORTABLE BATTERY POWERED PRODUCTS WORTH $461.5 BILLION BY 2013

Wellesley, Mass—According to a new technical market research report, PORTABLE BATTERY-POWERED PRODUCTS: GLOBAL MARKETS (FCB023D) from BCC Research, the global market for portable battery-powered products was worth $425.3 billion in 2007. This is expected to increase to $443.2 billion in 2008 and $461.5 billion by the end of 2013, a compound annual growth rate (CAGR) of 0.8%.

The market is broken down into applications for communication, entertainment, computer, navigation, camera, timepiece, tools, lighting, toy and novelty, medical, scientific and military. Of these, communication products have the largest share of the market. Valued at $127.6 billion in 2007 and an estimated $135.2 billion in 2008, this segment is expected to decline to $120.0 billion in 2013, a CAGR of –2.3%. This decline is due to a convergence of function seen in PDAs and smartphones that causes individual markets to shrink as new converged markets grow.

Computer products, the second largest segment, was worth $98.0 billion in 2007. It is expected to reach $103.0 billion in 2008 and $118.7 billion in 2013, for a CAGR of 2.8%. Medical products also represent a significant share of the market, generating $66.1 billion in 2007 and an estimated $68.6 billion in 2008. This should increase to $94.0 billion in 2013, for a CAGR of 6.5%.

The fastest growing segment is expected to be military products. This segment was worth $1.3 billion in 2007 and is expected to increase to $1.8 billion in 2008 and $3.2 billion in 2013, a CAGR of 12.0%.

The key technology that enables these portable products is the $72 billion worth of batteries used to provide power. Although advanced high-energy battery systems, like lithium-ion and nickel-metal-hydride, have gained the most attention, primary alkaline batteries are still widely used. Battery chargers remain a smaller market. In 2007, 2.1 billion internal and external battery chargers worth $43 billion were used with portable battery-powered products.

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