TrendForce Shanghai Office---Demand from China, Japan, and USA will represent about 50% of the total worldwide market share in 2014. Due to the recovery of the European market and the rise of the emerging markets, supply and demand in the PV industry will be able to achieve equilibrium. EnergyTrend research manager, Jason Huang, points out the three major trends within the PV industry, which are high-efficiency products, energy-storage systems, and merge and acquisitions.
Since orders have been continually finalized in December, PV demand is likely to remain strong during off-peak season in 4Q13. According to EnergyTrend, a research division of TrendForce, the overall PV demand is likely to remain high in 1Q14. In addition, the market will demand more high-efficiency products, which may lead to supply shortage for high-efficiency products. Therefore, contract trading, which has disappeared for a long time, may return to the wafer market.
According to EnergyTrend, a research division of TrendForce, cylindrical battery price performance reflects a downtrend due to Polymer battery supply crowd out and thinner consumer electronic devices. In addition, medium-high capacity battery (2.8~3.0Ah) can reduce the number of pieces used.
Rumors have it that the Ministry of Economy, Trade, and Industry of Japan (METI) is considering revising PV subsidy downward to JPN￥34/kWh in 2014 and JPN￥30/kWh in 2015.
The Asia-Pacific region’s PV energy demands is exceeding Europe in 2013, due to emerging Chinese, Japanese and Indian markets, according to EnergyTrend, a green energy subsidiary of TrendForce. Due to high growth potential in China and Japan’s domestic market, it is estimated the Asia market demand will still be much higher than other markets. Emerging markets in Asia will maintain high stable growth, especially after a two year preperation phase.
