SEMI Releases Q1 2015 Worldwide PV Equipment Market Report

SEMI Releases Q1 2015 Worldwide PV Equipment Market Report

For Q1, bookings declined 16 percent quarter-over-quarter; dropped 53 percent year-over-year

The worldwide photovoltaic manufacturing equipment book-to-bill ratio remained below parity at 0.88 for the quarter ending March 31, 2015.  Worldwide bookings, which represent net new orders for PV manufacturing equipment, declined 16 percent in Q1’15 compared to the previous quarter but were down 53 percent year-over-year. Worldwide billings declined 35 percent in Q1’15 versus Q4’14, and also declined 35 percent on a year-over-year basis.

PV Book to Bill ChartSource: SEMI, June 2015

On a regional basis, billings held steady in Europe and almost tripled in the ROW region (quarter-over-quarter). While Asia remained the largest regional market with 68 percent of the total quarterly billings, billings dropped by 45 percent quarter-over-quarter.

The worldwide PV equipment billings and bookings data is gathered jointly with the German Engineering Federation (VDMA) from about 50 global equipment companies that provide data on a quarterly basis.

For more information on equipment coverage, reporting categories, data collection methodology, sample report, and how to subscribe, please visit, or contact SEMI customer service at 1.877.746.7788 (toll free in the U.S.) or 1.408.943.6901 (International Callers).

The Grid
June 24, 2015