Global PV industry still has to achieve self-sufficiency. It is in its very nascent stage, which is highly driven by government initiatives. Japanese PV industry seems to achieve self-sufficiency.
US photovoltaic has been losing it market share over the past few years. During the last decade US accounted for 44% of the global photovoltaic market.
The global PV market as well as the European market has remarkably grown with an average of approximately 35% in the last five years. In 2004, 562 MWp were installed for electricity generation.
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