[May 19, 2013] Solar Panel Manufacturing in China Industry Research Report - Now Available from IBISWorld Tweet San Francisco, CA, May 19, 2013 (PRWeb.com via COMTEX) -- The Solar Panel Manufacturing industry in China has been developing quickly. In the five years through 2013, industry revenue has been growing at an annualized rate of 40.9% to total $86.79 billion. During the same period, Chinese solar cell output has been increasing 56.2% per year, with an estimated output of 16.5 giga-watts (GW) in 2013. In 2011 and 2012, the industry faced the double-problem of excess production capacity and weak demand from Europe due to its sovereign debt crisis, which forced the government to issue a policy to limit production expansion. Industry revenue is forecast to increase much more slowly going forward, as overcapacity will continue to be a serious problem. To maintain some profitability, Chinese enterprises will have to pay more attention to research and development to reduce production costs and develop new products with higher conversion efficiency rates. Enterprises will also introduce more automated and intelligent production equipment. In particular, silicon wafers will become more efficient and thin. The Solar Panel Manufacturing industry in China is in the growth phase of its life cycle, and new enterprises are continually entering this industry. The combined revenue of the top four players - Suntech Power, LDK Solar, Trina Solar, and Canadian Solar - is expected to account for 16.2% of industry revenue. For more information, visit the Solar Panel Manufacturing in China industry report page. Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189 IBISWorld Industry Report Key Topics Companies in the Solar Panel Manufacturing industry manufacture solar panels and intermediate products that are necessary for manufacturing solar panels. Industry Performance Executive Summary Key External Drivers Current Performance Industry Outlook Industry Life Cycle Products & Markets Supply Chain Products & Services Major Markets Globalization & Trade Business Locations Competitive Landscape Market Share Concentration Key Success Factors Cost Structure Benchmarks Barriers to Entry Major Companies Operating Conditions Capital Intensity Key Statistics Industry Data Annual Change Key Ratios About IBISWorld Inc. Recognized as the nation's most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772. Read the full story at http://www.prweb.com/releases/china/solar-panel-mfg/prweb10734963.htm PRWeb.com [ Back To TMCnet.com's Homepage ]