After six quarters of orders outpacing shipments, SEMI reports that worldwide photovoltaic manufacturing equipment book-to-bill ratio fell below parity to 0.88.
September 21, 2011 — After six quarters of orders outpacing shipments, SEMI reports that worldwide photovoltaic manufacturing equipment book-to-bill ratio fell below parity to 0.88.
PV equipment billings reached $2.03 billion for the quarter ended on June 30, 2011, growing 17% quarter-over-quarter (billings had dropped 19% in Q1 2011). Bookings continued a decline started last quarter, falling another 18% to $1.79 billion, a five-quarter low.
PV equipment shipments are “higher than levels a year ago,” explained Bettina Weiss, executive director of the PV Group at SEMI, who points out that the significant drop in new orders for PV tools is indicative of softening market demand and an over capacity of PV modules in the supply chain.
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.
SEMI compiles the Worldwide Photovoltaic Equipment Market Statistics Report, which reports worldwide PV equipment billings and bookings data on a quarterly basis based on direct inputs from PV equipment suppliers. Visit www.semi.org/en/node/38716 for more information.
SEMI is a global industry association serving the nano- and microelectronics manufacturing supply chains. For more information, please visit www.semi.org and www.pvgroup.org.