1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Renewable Energy
  5. > Solar Energy Market Trends
Solar Simulator Market by Dimension, Light Source, Application - Global Forecast to 2022

Solar Simulator Market: Global Forecast until 2022

  • May 2017
  • 163 pages
  • ID: 4891743
In this report:
The solar simulator market registered a shipment of ##.## thousand units in 2016 and is expected to reach ##.## thousand units by 2022, growing at a CAGR of ##.##% during the forecast period.
The solar simulator market registered a shipment of ##.## thousand units in 2016, and it is expected to grow at a CAGR of ##.##% during the forecast period to reach ##.## thousand units by 2022.

Summary

Table of Contents

Search Inside

"Solar simulator market intended to grow at a CAGR (Compound annual growth rate) of 6.50 percent between 2017 and 2022"

The solar simulator market is anticipated to be valued at ~$8.4B by 2022, increasing at a compound annual growth rate (CAGR) of 6.50 percent between 2017 and 2022. The market increase can be accredited to the growing adoption of green energy and emergence of smart cities, supportive government policies, initiatives, and the growing demand for solar systems in residential applications. Nevertheless, the high cost of solar simulators acts as a main restraint for the industry. Evolving solar market and decreasing costs of solar systems and energy storage devices act as an opportunity for the solar simulator market. The solar simulator market is in maturity phase; the firms in the solar simulator market are undergoing extensive research and development to expand a technically advanced solar simulator with product differentiation to tap the solar simulator market and obtain a competitive edge over others.

"Class AAA solar simulator forecasted to grow at a significant rate during the estimate period"

The Class AAA solar simulation according to the IEC 60904-9, ASTM E927, and JIS C8912 standards allows clients to perform tests with the more considerable precision. A Class AAA solar simulator finds its main application in test laboratories, PV manufacturing sectors, and in universities. Class AAA solar simulators are mostly used in photobiology, biomedical, solar cell testing, cosmetic testing, and paints and coatings review. The increasing market for photovoltaics due to growing energy requirement and rised government funding to foster solar energy generation is predicted to push the Class AAA solar simulator market during the outlook period.

"Xenon arc lamp forecasted to hold the biggest market during the estimate period"

Xenon arc lamp is the most widely used light source in solar simulators, as a result of its closest spectral match to solar spectra available from any artificial source. Xenon arc lamps are mostly used in the solar sector for testing PV cells/modules and also for the UV testing of materials and products including dermatological products; textile/fabric; plastics, paints, and coatings; paper products; and automotive components. The proven technology and better spectrum output make xenon arc lamp a popular light source for solar simulators.

"Market in Asia-Pac is likely to grow at the highest level rate during the outlook period"

Asia-Pacific is forecasted to hold the biggest share of the solar simulator market in 2017 and is anticipated to grow at the maximal rate between 2017 and 2022. The growing demand for solar simulators in Asia-Pac is driven by the increasing solar energy market, the implementation of stringent green energy regulations across main Asian countries, and the continuous government support for the development and commercialization of advanced PV technologies and increasing market for SPF and UV resistance products.

Breakdown of the profiles of primary members taking part:

• By Organization: Tier 1 = 10 %, Tier 2 = 30.0 percent, and Tier 3 = 60.0 percent

• By Description: C-suite executives = 50.0 percent, Directors = 25.0 percent, and Others = 25.0 percent

• By Area: North America (NA) = 60.0 percent, EU = 20.0 percent, Asia-Pacific = 10.0 percent, and RoW = 10.0 percent

The main players decribed in this market report are like follows:

• Newport Corporation

• Meyer Burger Technology AG

• Gsolar Power Co., Limited

• Spire Solar

• Solar Light Company

• Abet Technologies, Incorporated

• Asahi Spectra Co., Limited

• Iwasaki Electric Co., Limited

• Nisshinbo Mechatronics, Incorporated

• Endeas Oy

• Wacom Electric Co., Limited

Segment Research

In this business report, the solar simulator market has been split on the basis of dimension, light source, application, and area. The sector established on dimension has been split into Class AAA, Class ABA, and Class ABB. The solar simulator market established on light source has been divided into xenon arc lamp, metal halide arc lamp, LED lamp, UV lamp, and QTH lamp. The solar simulator market established on application has been broken down into PV cell/module and materials testing, UV testing of materials and products, automotive testing, biomass study, and others. The market research also includes the forecast of market sizes for 4 main regions: North America continent, Europe (EU), Asia-Pac, and RoW.

Why acquiring this study can help you

The analysis would benefit the market top players/new sector entrants in this sector in these ways.

1. This document breaks down the solar simulator market comprehensively and offers closest approximations of the global market size and those of the subsegments across several verticals and localities.

2. The market research would benefit partners distinguish the pulse of the sector and offer them with the info on key market drivers, market restraints, opportunities, and alternatives.

3. This industry report would benefit partners comprehend their players better and acquire additional insights to improve their rank in the industry. The competitive outlook section includes competitor landscape, launches of new product and advancements, alliances, and mergers and acquisitions carried out in the sector.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Polymer Solar Cells Market: BIPV Segment by Application Projected to be a Highly Attractive Segment During the Forecast Period: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2027)

Polymer Solar Cells Market: BIPV Segment by Application Projected to be a Highly Attractive Segment During the Forecast Period: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2027)

  • $ 5000
  • Industry report
  • September 2017
  • by Future Market Insight Global & Consulting Pvt Ltd

The insightful research report titled “Polymer Solar Cells Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”, provides extensive analysis on every aspect of the market ...

Global Solar Cell Market Analysis & Trends - Industry Forecast to 2025

Global Solar Cell Market Analysis & Trends - Industry Forecast to 2025

  • $ 4200
  • Industry report
  • November 2017
  • by Accuray Research LLP

The Global Solar cells Market is poised to grow strong during the forecast period 2017 to 2025.Some of the prominent trends that the market is witnessing include increasing demand for copper indium gallium ...

Opportunities in the Solar Market for Crystalline and Thin Film Solar Cells

Opportunities in the Solar Market for Crystalline and Thin Film Solar Cells

  • $ 2835
  • Industry report
  • November 2017
  • by Information Network

Crystalline silicon is currently used in over 90% of PV cells. Despite the lower potential cost of emerging thin-film technologies (less material, higher theoretical efficiencies), crystalline silicon ...


ref:plp2017

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.