SEMI Releases First Quarter 2015 Worldwide Photovoltaic Equipment Market Statistics Report

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

SAN JOSE, Calif. — June 22, 2015 — SEMI, the global industry association serving the manufacturing supply chain for the micro- and nano-electronics industries, today reported that for the quarter ending March 31, 2015, the worldwide photovoltaic manufacturing equipment book-to-bill ratio remained below parity at 0.88.

 PV Book to Bill Chart

Source: SEMI, June 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.

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).

About SEMI

SEMI is the global industry association serving the nano- and microelectronic manufacturing supply chains. Our 1,900 member companies are the engine of the future, enabling smarter, faster and more economical products that improve our lives. Since 1970, SEMI has been committed to helping members grow more profitably, create new markets and meet common industry challenges. SEMI maintains offices in Bangalore, Beijing, Berlin, Brussels, Grenoble, Hsinchu, Moscow, San Jose, Seoul, Shanghai, Singapore, Tokyo, and Washington, D.C. For more information on SEMI, visit

Association Contact

Deborah Geiger/SEMI
Phone: 408.943.7988

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