Global Market Trend for Thin Films in Energy Applications

August 26, 2008

According to a new technical market research report, THE GLOBAL MARKET FOR THIN FILMS IN ENERGY APPLICATIONS (EGY060A) from BCC Research, the global market for thin films in energy applications was worth $1.1 billion in 2007. This is expected to increase to $1.4 billion in 2008 and $3.9 billion in 2013, for a compound annual growth rate (CAGR) of 23.5%.

The market is divided into application segments for photovoltaics, concentrating solar power, geothermal energy, nuclear energy, batteries and fuel cells. Of these, the photovoltaics segment has 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, a CAGR of 23.6%.

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

Thin films for batteries have 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%.

Applications in nuclear energy 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 should 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 have 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, a CAGR of over 12.0%.

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Thermal management growing into an $11.1B Industry worldwide

May 27, 2008

According to a new technical market-research report entitled The Market for Thermal Management Technologies, BCC Research states the global market for thermal management was worth $6.1 billion last year. The researcher expects that market to increase to $6.8 billion this year and $11.1 billion by the end of 2013, a compound annual growth rate of 10.3 percent.¹

¹Cabling Installation & Maintenance Online

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3RD ANNUAL RENEWABLE ENERGY FINANCE & INVESTMENT SUMMIT

May 18, 2008

Exploring Key Deals & Developments in the Renewable Fuel & Renewable Power Markets

Featuring New sessions on: Utility-Scale Thermal, Geothermal, Tidal Wave Energy Projects, Biomass Gasification, Hybrid Plug-in Electric Vehicles, Opportunities in Coal, M&A Activity, Algae as the Next Biofuel…and much more!¹

May 19th – 21st, 2008
FireSky Resort & Spa, Scottsdale, AZ

¹Financial Research Associates, LLC, 3rd Annual Renewable Energy Finance & Investments Solutions

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