Global Solar Backsheet Market Revenues to Reach an Estimated $1.4 Billion by 2020; Energy Harvesting to Touch $3.1 Billion in 2017
FARMINGTON, Conn., Oct., 2012 /PRNewswire-iReach/ -- The global solar backsheet market is growing at a fast pace, supported by strong growth in the solar PV industry in many countries, such as Germany, Italy, China and the US. Global solar PV backsheet market revenues increased from an estimated $596.5m in 2008 to $1.6 billion in 2011, at a CAGR of 38.8%. Industry forecasts expect global backsheet market revenues to reach an estimated $1.4 billion by 2020. The growth momentum of the global solar PV backsheet market parallels the expanding field of energy harvesting with its limitless number of applications and market opportunities, particularly in solar and photovoltaic energy sources.
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