The "Global Market Outlook for Photovoltaics 2013-2017" includes PV market figures for 2012 and makes forecasts for the
next five years for global and European markets. The world added more than 31 GW of new solar photovoltaic (PV) capacity
in 2012 – roughly the same amount as in the record-setting year of 2011.
This significant market growth came even during a period of economic
crisis and industry consolidation.
The results show
clearly that Europe’s leading role in driving the global PV market is
coming to an end. In 2011, Europe accounted for more than 70% of the
world’s new PV installations; in 2012 this number was around 55%. In
2013 it is almost certain that the majority of new PV capacity in the
world will be installed outside of Europe.