Q3 2014 worldwide PV equipment market stats report: SEMI

SAN JOSE, USA: SEMI reported the worldwide PV manufacturing equipment billings and bookings for the third quarter of 2014.

Worldwide billings decreased to $264 million in Q3 2014, a decrease of 17 percent from the prior quarter, but 36 percent above the same quarter a year ago. Worldwide bookings for the third quarter declined to $157 million, 33 percent below Q2 2014 but 71 percent higher than Q3 2013. At 0.60, the book-to-bill ratio is below parity.

On a regional basis, equipment billings in Q3 2014 declined in all regions except Europe. However, Asia is still the largest regional market with more than 80 percent of total PV equipment billings.

The worldwide PV equipment billings and bookings data is gathered jointly by SEMI and the German Engineering Federation (VDMA) from about 40 global equipment companies that provide data on a quarterly basis.