Report predicts profitable 2013 for solar PV's top dogs
26th Sep 2012
Some of the solar PV industry's top dogs could be set to enhance their market share in 2013, as the sector begins to stabilise.
A new quarterly report from research firm Solarbuzz said that manufacturers from around the world face fewer barriers to trade and will benefit from more interest from customers.
SolarBuzz analyst Michael Barker said this improved global demand is already having an effect by reducing the wild swings in quarterly figures, despite 2012 data being more subdued than last year.
And no doubt Australian companies will be hoping for a piece of the pie, after Solarbuzz recently revealed that demand in the Asia-Pacific region will outpace that in Europe.
"With reduced competition in the market, leading module providers will be afforded greater access to downstream sales channels, allowing them to align production and shipment forecasts," he stated.
However, it wasn't all good news.
Indeed, the important word here is "leading", with the organisation believing that less successful companies could find themselves struggling to keep up.
Using the ominous term "corporate casualties", Solarbuzz claimed that some enterprises may end up getting bought out by their bigger competitors or being forced to sell off their inventories at reduced prices.
Posted by Mike Peacock
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Solar Power