The global demand is expected to reach 51.4GW in 2015, with an annual demand growth rate of 16.5% and an increased installation of 7GW compared to 2014, according to EnergyTrend, a research division of TrendForce. In terms of the supply end, the Chinese makers has announced to expand production capacity in 2015, with an increase of 4.2GW in module production capacity, taking up 8.2% of the worldwide demand; non-Chinese module makers will increase production capacity by 1.1GW, which is approximately 2% of the worldwide demand.
Few panel applications have been free from the consumer electronic markets cooler season effects, with notebook panels early price drop reflecting the seasonal transition. Another major IT application monitor panels prices also slid, due to off-peak season effects.