Global Information, Inc. would like to present a new market research report, "Solar Energy Products in China" by Freedonia Group.
Market forecasts indicate that overall demand for solar energy products in China will increase 16.6% yearly through 2013 to reach 50.4 billion Yuan. Solar thermal collectors are currently the dominant solar energy product type in China. Rising personal income levels will mostly fuel market gains for the solar thermal collectors product segment. Increasing construction activity is expected drive sales of solar thermal water heater collectors. Additionally, photovoltaic module market gains will primarily be fueled by various central and local government policies. Such governmental policies are aimed at increasing the share of solar energy in Chinas energy consumption mix, as well as improving electrification levels in rural communities.
|SOLAR ENERGY PRODUCT DEMAND IN CHINA
|% Annual Growth|
|Solar Energy Product Demand||7.16||23.35||50.40||26.7||16.6|
|Solar Thermal Collectors||6.91||21.60||38.40||25.6||12.2|
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