International. By 2015, the market for solar PV systems is expected to reach $150 billion, consolidating itself as the leading system in the renewable energy installation sector, according to a study published by the firm Pike Research.
According to the study's forecasts, market conditions will drive the sustained growth of the solar energy sector, causing this niche to go from generating US $ 66,000 million in 2010 to US $ 154,000 million in 2015, for an annual growth rate of 18%.
The above figure is justified, explains the report, in the levels of demand that systems of this type currently present in both residential and commercial facilities. In addition to maintaining the trend of decreasing in the price of photovoltaic panels, which is leading to an increase in the number of end users.
Additionally, Pike Research forecasts that during the period 2010-2015 the total installed capacity of photovoltaic energy will increase from 9.5 gigawatts (GW) to more than 15 GW.