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LED lighting to drive USD 10bn power supply market in 2016 February 03, 2012 LED lighting to drive USD 10bn power supply market in 2016 The global market for power supplies used in LED lighting is forecast to reach USD10 billion in 2016, according to a new report from IMS Research, “Opportunities for Power Components in LED Lighting”. The report revealed that rapid uptake of LED lighting, driven by legislation and rising costs of electricity, ... Read more High costs, quality concerns thwart market for energy-efficient lighting February 02, 2012 High costs, quality concerns thwart market for energy-efficient lighting Though legal measures at European Community level should fuel the market for energy-efficient lighting, concerns regarding the quality of such products as well as the high aboriginal costs are affecting the growth perspectives. Still, consulting company Frost & Sullivan regards the overall perspectives ... Read more CIGS solar panels sales expected to grow rapidly February 01, 2012 CIGS solar panels sales expected to grow rapidly In its newly released report, "CIGS Photovoltaics Markets-2012," industry analyst firm NanoMarkets forecasts revenues from CIGS panels will reach $4.4 billion (USD) by 2017. And while the recent announcement of a 150 MW solar farm supports the notion that CIGS technology is finally ready for prime time, ... Read more Germany leads resurgent European PV market growth late in 2011 January 30, 2012 Germany leads resurgent European PV market growth late in 2011 The latest European PV Markets Quarterly report from market analyst NPD Solarbuzz forecasts that a 23% Q/Q rise in the Q4’11 European photovoltaic market has created short-term optimism in the industry, which has been amplified by the slowdown in module price decline over the past month. NPD Solarbuzz ... Read more PV module prices show Q4 spike in 2011 January 19, 2012 PV module prices show Q4 spike in 2011 Market research analyst, IMS Research, has reported that PV module prices increased by seven percent in December 2011 due to a temporary pick-up in demand ahead of FiT reductions in a number of key markets. Strong demand during the year-end rally saw installers buying PV modules from distributors ... Read more Chip sales for smart meters set to double December 22, 2011 Chip sales for smart meters set to double Sales of semiconductors used in smart electricity meters are projected to grow to $1.1 billion in 2016 from $505.6 million in 2011, due to rapid growth expected for the devices, according to market research firm IHS iSuppli. Read more 40 percent of three-phase UPS operate under service contracts December 20, 2011 40 percent of three-phase UPS operate under service contracts As many as 40% of all three-phase uninterruptible power supplies in the field have a service contract attached according to a recent study published by market analyst, IMS Research entitled the ‘The World Market for UPS Service and Support’. Read more Solar PV companies shift focus to profitability gains in 2012 December 19, 2011 Solar PV companies shift focus to profitability gains in 2012 Financial challenges are forcing solar photovoltaic (PV) companies to prioritize a return to profitability and shift focus from seeking market share, finds NPD Solarbuzz’s latest Solarbuzz Quarterly report . The market analyst predicts that global demand is projected to grow 6% in 2012, so market declines ... Read more Forecast cuts global power semiconductor market growth to 5.0 percent in 2012 December 19, 2011 Forecast cuts global power semiconductor market growth to 5.0 percent in 2012 The global power semiconductor market will grow by 5.0% in 2012 to $32 billion, according to market analyst, IMS Research, which is cutting the company's previous forecast of more than 8% due to global economic uncertainties and inventory being flushed from the supply chain. The market, which grew by ... Read more IMS Research forecasts further consolidation of the UPS market December 15, 2011 IMS Research forecasts further consolidation of the UPS market Market analyst, IMS Research, is predicting that ABB’s acquisition of Newave points to more consolidation in a market where the top 10 suppliers control 72% of industry revenues. IMS Research describes the move as a smart acquisition citing that the $7 billion market is projected to grow by an average ... Read more
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