This report analyzes the global photovoltaic (PV) market from 2012 to 2017. It examines PV technologies, industry structure, applications, regional markets, growth factors, and shipments. The goal is to present a comprehensive analysis of the current PV market and its future direction. The report finds that the global PV market was worth $38.7 billion in 2011 and is expected to reach $78.1 billion by 2017, growing at an annual rate of 22.3%. Europe currently dominates the market but Asia is the fastest growing region, expected to increase its market share from $8 billion in 2012 to $27 billion in 2017.