Press release
Solar Simulator Market Growth 2018 Key Manufacturers : IWASAKI ELECTRIC CO.,LTD., Endeas Oy, Abet Technologies Inc, Sciencetech Inc, Meyer Burger Technology, Endeas OY, Research & Demand To Forecast 2024
Solar Simulator Market
Solar Simulator Market accounted for USD 5.75 billion in 2016 growing at a CAGR of 7.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Solar Simulator Market By Geography; Light Source (Xenon arc lamp, Metal halide arc lamp, LED lamp, UV lamp, QTH lamp); Dimension (Class AAA, Class ABA, Class ABB); Application (PV Cell/Module and Material Testing, UV Testing Of Materials and Products, Automotive Testing, Biomass Study) – Industry Trends and Forecast to 2024
A solar simulator is the equipment used to simulate the solar irradiance and spectrum. Solar simulator is for the testing of solar cells, sun screen, plastics, and other devices. It has its wide application in pv cell/module and material testing, UV testing of materials and products, automotive testing, biomass study, and others. Growing demand for solar systems in residential applications may act as the major driver in the growth of solar simulator market. On the other side, high costing included in it may hinder the market.
Major Market Drivers & Restraints:
• Supportive government policies, initiatives, and regulatory compliance
• Growing demand for solar systems in residential applications
• Increasing adoption of green energy and emergence of smart cities
• Falling subsidies, grants
• High costing involved in solar simulators
Solar Simulator Market Segmentation:
Solar simulator market is segmented on the basis of light source :
• intoxenon arc lamp,
• metal halide arc lamp,
• LED lamp,
• UV lamp,
• QTH lamp,
Solar simulator market is also segmented on the basis of dimension :
• class AAA,
• class ABA,
• class ABB,
On the basis of application the global solar simulator market is further segmented in to :
• PV cell/module and material testing,
• UV testing of materials and products,
• automotive testing,
• biomass study, and others.
UV testing of materials and products segment is further sub segmented in to :
• plastics,
• paints,
• coating,
• textile/fabric,
• dermatological products
On the basis of geography, global solar simulator market report covers data points for 28 countries across multiple geographies such as:
• North America,
• South America,
• Europe,
• Asia-Pacific,
• Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Some of the major players of the global solar simulator market are :
• Newport Corporation,
• Meyer Burger Technology AG,
• Gsolar Power Co., Ltd.,
• Spire Solar,
• Solar Light Company,
• Abet Technologies, Inc.,
• Sciencetech Inc.,
• Spectrolab Inc.,
• OAI, Asahi Spectra Co., Ltd.,
• Iwasaki Electric Co., Ltd.,
• Nisshinbo Mechatronics, Inc.,
• Endeas Oy,
• Wacom Electric Co., Ltd.,
• Endeas OY,.
Solar Simulator Market Company Share Analysis:
The report for solar simulator market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
Key questions answered in the report:
• What will the market growth rate of Solar Simulator Market in 2024?
• What are the key factors driving the Global Solar Simulator Market?
• Who are the key manufacturers in Solar Simulator Market space?
• What are the market opportunities, market risk and market overview of the Solar Simulator Market?
• What are sales, revenue, and price analysis of top manufacturers of Solar Simulator Market?
• Who are the distributors, traders and dealers of Solar Simulator Market?
• What are the Core Materials Market opportunities and threats faced by the vendors in the Solar Simulator Market industry?
• What are sales, revenue, and price analysis by types and applications of Solar Simulator Market?
• What are sales, revenue, and price analysis by regions of Solar Simulator Market industry?
Read More about This Report@ https://databridgemarketresearch.com/reports/global-solar-simulator-market/
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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Email: sopan.gedam@databridgemarketresearch.com
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