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Silicon Photonics Market worth $2.02 Billion by 2015 – New Report by MarketsandMarkets

(PRWEB) December 14, 2013

According to a new market research report, ‘Global Silicon Photonics Market (2010-2015), the total Silicon Photonics market is expected to be worth $ 2.02 million by 2015 with a CAGR of 78.2% from 2010 to 2015.

Browse 58 tables and in-depth TOC on Global Silicon Photonics Market.

http://www.marketsandmarkets.com/Market-Reports/silicon-photonics-116.html

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Silicon photonics technology is gaining ground as a low cost alternative technology that can address speed and bulk data transfer challenges faced by microelectronics. The silicon photonics market is in its infancy and is expected to be commercialized by 2016.

Amongst all the silicon photonics products, in 2010, the wavelength division multiplex filters contributed $ 35,212.3 thousand to the global silicon photonics market. This is mainly due to early commercialization and extensive usage in optical switches and transceivers devices. However, silicon photonics LED market is expected to grow with relatively high CAGR of 87.6% from 2010 to 2015 due to an increasing need of efficient light source in small distance communication networks.

At present, Northern America dominates the silicon photonics market generating $ 59,667 thousand in 2010 and is expected to reach $ 849,587 thousand in 2015 with a CAGR of 70.1% from 2010-2015.

Some of the major players in the global silicon photonics market are Kotura (U.S.), Lightwire (U.S.), Luxtera (U.S.), Chiral Photonics (U.S.), and others.

Scope of the Report

This report analyzes the global silicon photonics markets based on:

Product Market:

Silicon photonic waveguides, silicon optical modulators, silicon optical interconnects silicon LED, silicon photo detectors, and others

Product Devices market:

Optical switches, transceivers, ICs, sensors, solar cells, and others

Geographical Market:

North America, Europe, Asia Pacific, and ROW

Application Market:

Telecommunications, information processing, displays, sensing, metrology, medicines, consumer electronics, and others.

In addition to market sizes and forecasts, the report also provides a detailed analysis of the market trends and factors influencing market growth, offering in-depth geographic analyses of the silicon photonics in North America, Europe, Asia Pacific, and ROW. The report draws the competitive landscape of the silicon photonics market, providing an in-depth comparative analysis of the technological and marketing strategies adopted by the key players in order to gain an edge over the their competitors.

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About MarketsandMarkets

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MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including agriculture, advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

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U.S. Residential Solar PV Installations Exceeded Commercial Installations for the First Time in Q1 2014

Washington, DC (PRWEB) May 29, 2014

Driven by strong year-over-year growth in the utility and residential markets, the United States installed 1,330 megawatts of solar photovoltaics (PV) in the first quarter of 2014. According to GTM Research and the Solar Energy Industry Association’s (SEIA) Q1 2014 U.S. Solar Market Insight Report, the U.S. installed 232 megawatts of residential PV, exceeding the non-residential (commercial) market’s 225 megawatts for the first time in the history of the report.

Ongoing strength in the residential sector and volatility in the non-residential market spurred this historic milestone. Despite the dip in non-residential installations, GTM Research and SEIA expect the market to rebound and exceed the residential market in 2014 annual PV installations.

In another significant development, Q1 2014 was the largest quarter ever for concentrating solar power (CSP) due to the completion of the 392 megawatt (AC) Ivanpah project and the Genesis Solar project’s second 125 megawatt (AC) phase. With a total of 857 megawatts expected to be completed by year’s end, 2014 is on pace to be the largest year for CSP in history.

“Solar accounted for 74% of all new U.S. electric capacity installed in Q1 2014, further signaling the rapidly increasing role that solar is playing in the energy market,” said Shayle Kann, Senior Vice President at GTM Research. “Expect to see a resurgence in the non-residential market, combined with continued incremental residential growth, throughout the rest of this year.”

Not to be outshone by the success of the residential sector, the utility PV market continued its dominance, growing 171% between Q1 2013 and Q1 2014. With 873 megawatts installed, it accounted for two-thirds of total installations during the quarter. Large-scale projects that were under contracts and negotiations between 2010 and 2012 are now becoming a reality.

The United States’ solar market is off to a strong start in 2014. GTM Research and SEIA forecast 6.6 gigawatts of PV will be installed in the U.S. by the end of the year, up 39% over 2013.

“Solar energy is now generating enough clean, reliable and affordable electricity to effectively power 3 million American homes, while creating thousands of new jobs nationwide and pumping nearly $ 15 billion a year into the U.S. economy,” said SEIA President and CEO Rhone Resch. “Solar is also providing a big boost for our environment. The 14,800 megawatts of solar currently installed in the U.S. can generate enough pollution-free electricity to displace 18 billion pounds of coal or 1.8 billion gallons of gasoline. That’s the equivalent of removing 3.5 million passenger cars off our roads and highways. For states trying to meet new, enhanced air quality standards, solar can be a real game changer.”

Key Findings:

The U.S. installed 1,330 megawatts of solar PV in Q1 2014, up 79% over Q1 2013 and the second-largest quarter for solar installations in the history of the market.

Cumulative operating PV capacity stood at 13,395 megawatts (DC) with 482,000 individual systems online as of the end of Q1 2014.

PV growth was driven primarily by the utility solar market, which installed over 800 megawatts in Q1 2014, up from 322 megawatts in Q1 2013.

Q1 2014 was the first quarter in which residential PV installations exceeded non-residential (commercial) installations nationally.

More than one third of residential PV installations came online without any state incentive for the first time ever in Q1 2014.

Q1 2014 saw school, government, and non-profit PV installations add more than 100 megawatts for the second straight quarter.

74% of new electric generating capacity in the U.S. in Q1 2014 came from solar.

GTM Research and SEIA forecast that PV installations will reach 6.6 gigawatts in 2014, up 39 percent over 2013 and nearly double the market size in 2012.

Cumulative operating CSP capacity was 1,435 megawatts (AC) as of the end of Q1 2014.

***

About U.S. Solar Market Insight:

The U.S. Solar Market Insight report is the most detailed and timely research available on the continuing growth and opportunity in the U.S. The report includes deep analysis of solar markets, technologies and pricing, identifying the key metrics that will help solar decision-makers navigate the market's current and forecasted trajectory. For more information, visit http://www.seia.org/smi.

About GTM Research:

GTM Research, a division of Greentech Media, provides critical and timely market analysis in the form of research reports, data services, advisory services and strategic consulting. GTM Research's analysis also underpins Greentech Media's webinars and live events. Our coverage spans the green energy industry including solar power, grid modernization, energy storage, energy efficiency and wind power sectors.

About SEIA®:

Celebrating its 40th anniversary in 2014, the Solar Energy Industries Association® is the national trade association of the U.S. solar energy industry. Through advocacy and education, SEIA® is building a strong solar industry to power America. As the voice of the industry, SEIA works with its 1,000 member companies to champion the use of clean, affordable solar in America by expanding markets, removing market barriers, strengthening the industry and educating the public on the benefits of solar energy. Visit SEIA online at http://www.seia.org.

Media Contacts:

Ken Johnson, SEIA Vice President, Communications: 202.556.2885, kjohnson(at)seia(dot)org

Mike Munsell, GTM Research, Marketing Manager: 617.500.7764, munsell(at)gtmresearch(dot)com

Shayle Kann, GTM Research, Senior Vice President: 617.500.4216, kann(at)gtmresearch(dot)com







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Commerce Solar Trade Decision Adds Urgency to Industry Discussions

Washington, DC (PRWEB) June 03, 2014

Today’s decision by the U.S. Department of Commerce to impose new tariffs on solar modules from China threatens to derail the rapid growth of the U.S. solar industry, according to the Solar Energy Industries Association (SEIA).

Commerce will immediately impose countervailing duty tariffs ranging from 18.56 to 35.21 percent. Equally troubling, Commerce issued a broad preliminary scope decision, although the Department indicated that it will continue to review comments on this issue. After reviewing the decision, SEIA President and CEO Rhone Resch released the following statement:

“These damaging tariffs will increase costs for U.S. solar consumers and, in turn, slow the adoption of solar within the United States. Ironically, the tariffs may provide little to no direct benefit to the sole petitioner SolarWorld, as we saw in the 2012 investigations. It’s time to end this needless litigation with a negotiated solution that addresses SolarWorld’s trade allegations while ensuring the continued growth of the U.S. solar market.

“Over the past few months, SEIA has facilitated settlement discussions between Chinese solar manufacturers and SolarWorld. The goal of these discussions is to develop an industry recommendation to help jump-start government-to-government negotiations. Although we’ve succeeded in establishing direct communications between the parties—and are working with all segments of the industry to find a consensus solution—we’re quickly running out of time.

“It's time to get serious about resolving this ongoing dispute, before irreparable damage is done to the U.S. solar industry. We’re strongly urging all parties to set aside their grievances; redouble efforts to find a solution that benefits all segments of the industry; and end this potentially costly and divisive conflict.”

About SEIA:

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Mason Graphite Develops a “Freak Of Nature”

Montreal, QC (PRWEB) November 27, 2013

For 20 years, Benoit Gascon held executive positions, including CEO, at Stratmin Graphite, one of North America’s only producing graphite mines and the only one still in operation today. In 1996 Gascon negotiated the takeover of Stratmin Graphite to form Timcal Graphite & Carbon. He stayed on to run the new production company.

CEO’s of established commodity producers do not typically move into the riskier world of junior development.

But in the spring of 2012, Mr. Gascon joined Mason Graphite after it acquired the Lac Guéret Graphite project in Northern Quebec. A few months later two key executives from Timcal, Luc Veilleus (CFO) and Jean L’Heureux (V.P. Process Development) followed Gascon to Mason Graphite.

What caused this stampede of senior executives to a junior graphite project?

“The Lac Guéret deposit is a freak of nature,” explains Guy Bennett, CEO of Global Metal News, “a high grade, large flake asset with mineralization close to surface. It is a one-off geological anomaly that will allow the mine to be built cheaply and operated with high margins”.

Graphite is a low density allotrope of the element carbon. Natural graphite comes in three forms: flake, amorphous and lump. Key applications include lithium ion batteries, fuel cells and nuclear reactors. There is 20 x times more graphite by weight in a lithium-ion battery, than lithium. Global consumption of has doubled from 600,000 tons in 2000 to 1,200,000 tons in 2013.

Mason’s 100% owned Lac Guéret graphite property currently hosts an NI 43-101 compliant mineral resource based only on 17% of the known mineralized zone.

A Preliminary Economic Assessment (PEA) projects 22 years of production at 27.4% Cg and a pre-tax internal rate of return of 33.7%. Preliminary Metallurgical Testing was completed in February 2013 and shows graphite recoveries in excess of 96%.

“All batteries need graphite and applications are very diversified - going from steel making to autoparts and electronics - so it is a material that we use every day but don’t see,” explains Mason CEO Benoit Gascon, “There is only one graphite mine currently operating in Canada, the Stratmin mine. I was the CEO of that operation for many years. The Stratmin mine was profitable at $ 600 a tonne, the current prices are around $ 1,400 a tonne.”

The 11,630 ha Lac Guéret project is located 288 km from a service centre. It has all-weather access from Hwy 389 and there are logging roads throughout the property. Quebec is a mature mining jurisdiction and provides access to a deep pool of skilled labour. Gascon seems to have fostered good relations with First Nations stakeholders.

Demand for graphite has increased 5% per year since 2000 due to the rapid urbanisation of China, India and other emerging economies. China currently produces 70% of the world's graphite but it is mostly low-carbon, low-value powder or small flake. An export tax and licensing system have been instituted in China, choking off supply to international markets.

“Back in the 1990s we had severe competition from the Chinese,” explains Gascon, “At that time they weren’t using a lot of graphite domestically, so they were exporting most of their product, which is to say, they were importing foreign currencies.”

A recent European Commission study included graphite among the 14 materials high in economic importance and supply risk. Battery application demand for the next decade is projected to grow 10-18%.

“There has been little new graphite mining outside China in the last 20 years,” stated Gascon, “and demand is increasing because the Chinese are now producing cars and steel”.

Electric vehicles and lithium battery technologies are catalysing surging global graphite demand – with a premium on large flake, high purity graphite (+80 mesh, 0.2mm, 94-97% Carbon) typical of the Mason Graphite project. Large flake graphite commands premium pricing.

Lac Guéret’s PEA anticipates annual production of 50,000 tonnes. Because the deposit is relatively near surface, direct capital cost requirement is a modest $ 90 million, with production costs of $ 390/tonne. The Internal Rate of Return of 33.7%. With these robust economics, Mason Graphite has succeeded in raising $ 24 million since April 2012.

Unlike gold and copper, graphite is not openly traded. Prices are negotiated between end-users and producers for annual or multi-year contracts. Prices vary based on parameters such as purity, size, impurities and shape.

It is paramount that a graphite company going into production establish relationships with buyers. A typical contract with brake manufacturer establishes price, product specifications, volume, timing and delivery. Theses business relationships can take years to establish. Continuous contact with customers is fundamental. Here LLG has a significant competitive advantage as Gascon has 700 end users on his rolodex from his days at Stratmin Graphite.

There is another kicker to this Mason Graphite story: the recent discovery of graphene - a one-atom thick layer of mineral graphite. Graphene is very strong, light, flexible, nearly transparent, and an excellent conductor of heat and electricity.

It is such a radical advance on any known material that there are already 10,000 registered graphene-based patents. In 2013, Jari Kinaret from Sweden's Chalmers University of Technology secured a €1 billion grant from the European Union for graphene research. Predicted applications include display screens, electric circuits, and solar cells, as well as medical, chemical and industrial processes.

“Mason Graphite is focussed on building this mine for the current market of graphite,” stated Simon Marcotte, Mason’s V.P of Corporate Development, “When the graphene demand arrives we expect to already be in production and the additional demand will be gravy for our shareholders.”

Since acquiring the Lac Guéret project in April 2012, Mason Graphite has completed a 26,500 metre drilling program, an initial NI 43-101 mineral resource, and a Preliminary Economic Assessment.

Short term de-risking events include the publication of an updated 43-101, a 3rd and last drilling campaign, the initiation of a Definitive Feasibility Study, and an Environmental Baseline Study.

"The recent developments at our Lac Guéret project have met or exceeded our expectations,” stated Gascon, “ The speed at which we have been able to advance the project speaks to the quality of our asset and the experience of our team. We continue to work diligently to become a graphite producer as quickly as possible."

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