What is Solar Simulators Market Scope?
A solar simulator is a device that gives illumination approximating natural sunlight. Solar Simulators market is expected to grow in the future due to growth in demand for solar systems in residential applications and government supportive policies and initiatives. Growing PV requirements from the various applications are trending in the market. The upsurging solar industry in an emerging country will boost the solar simulators market.
The Solar Simulators market study is being classified, by Application (PV cell/module and material testing, UV testing of materials and products, Automotive testing, Biomass study and Others) and major geographies with country level break-up.
Analysts at AMA predicts that Manufacturers from Japanese and United States will contribute to the maximum growth of Global Solar Simulators market throughout the predicted period.
Nisshinbo Mechatronics, Inc. (Japan), Abet Technologies, Inc. (United States), Asahi Spectra Co., Ltd. (Japan), Endeas Oy (Finland), Iwasaki Electric Co., Ltd. (Japan), Meyer Burger Technology Ltd. (Switzerland), Newport Corporation (United States), OAI (United States), Sciencetech-Inc. (Canada) and Solar Light Company, Inc. (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Spectrolab, Inc. (United States) and Wacom Electric Co., Ltd. (Japan).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Solar Simulators market by Type, Application and Region.
On the basis of geography, the market of Solar Simulators has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Market Trend
- Growing PV Requirements from Various Residential and Nonresidential Applications
Market Drivers
- Rising Adoption of Green Energy
- Government Supportive Policies and Initiatives
- Growth in Demand for Solar Systems in Residential Applications
Opportunities
- Upsurging Solar Industry in Emerging Country
- Rising Research and Development to Develop an Advanced Solar Simulator
- Increasing Demand for Solar Simulators in APAC Region
Restraints
- High Cost of Solar Simulators
Challenges
- Implementation of Solar Simulator
Key Target Audience
Solar Simulators Manufacturers, Solar PV Equipment Suppliers, Solar Thermal System Manufacturers and Suppliers, Solar Equipment Suppliers, Solar Energy Investors, Government Agencies and Industry Associations and Research Organizations and Consulting Companies
Customization available in this Study:
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