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Solar Simulator Market Poised for Remarkable Rise to US$ 772.9 Mn by 2032 Amid Renewable Energy Surge

11-07-2025 12:46 PM CET | Energy & Environment

Press release from: Persistence Market Research

Solar Simulator Market

Solar Simulator Market

The global solar simulator market is at a pivotal moment. According to the latest study by Persistence Market Research, the market size is projected to climb from US$ 478.2 million in 2025 to US$ 772.9 million by 2032, representing a compound annual growth rate (CAGR) of 7.1% during the period 2025-2032.

This upward trajectory is being fuelled by a number of key drivers, chief among them the rapid shift of industries toward renewable energy and the escalating requirements for research and testing infrastructure that supports high-performance photovoltaic (PV) modules.

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Market Overview

Solar simulators are specialised devices designed to recreate the effect of natural sunlight under controlled indoor conditions. They are used to assess the performance, durability and certification compliance of PV modules, materials, and products. As the solar industry continues to evolve - moving toward higher-efficiency modules, bifacial designs and novel materials - the role of solar simulators becomes ever more critical. The forecasted market expansion from US$ 478.2 million to US$ 772.9 million underscores this trend.

Several factors are driving this expansion: the global push for carbon-neutral energy systems, growing investments in solar manufacturing, stricter testing and certification standards (e.g., for PV modules), and the demand for more accurate, reliable testing equipment.

At the same time, the market is evolving from traditional light sources (such as xenon arc or metal halide lamps) toward more advanced ones (such as LED-based systems) with better spectral control and energy efficiency.

Key Drivers

One of the dominant drivers is the rising demand for solar photovoltaic (PV) systems globally. As countries ramp up solar deployment to meet renewable energy and carbon-neutral targets, manufacturers of solar modules require rigorous indoor testing to ensure quality and performance. This, in turn, fuels demand for solar simulators.

Another major driver is technological advancement in solar simulator equipment and the associated testing standards. Manufacturers and labs are increasingly turning to Class AAA (highest performance) simulators, LED sources, automated systems and larger-aperture units to keep up with next-generation solar modules.

Finally, government support and regulatory incentives for solar energy and renewable manufacturing further stimulate the market. Subsidies, R&D grants, standards enforcement and manufacturing localisation all play roles.

Dive deeper into the market data: https://www.persistencemarketresearch.com/market-research/solar-simulator-market.asp

Market Segmentation

By Light Source

Xenon Arc Lamps
Metal Halide Arc Lamps
LED Lamp
UV Lamp
Others

By Dimension

Class AAA
Class ABA
Class ABB

By Application

PV Cell/Module Testing
UV Testing of Materials and Products
Automotive Testing
Others

By Industry

Solar
Automotive
Materials Testing
Photonics
Optical
Others

By Region

North America
Europe
East Asia
South Asia and Oceania
Latin America
Middle East and Africa

Regional Insights

In terms of geography, the market displays differentiated dynamics across regions. For example, North America is expected to hold a sizeable share, thanks to strong PV manufacturing infrastructure, research labs and defence‐grade PV testing requirements.

Meanwhile, regions such as East Asia and South Asia are emerging as fast-growing zones as solar manufacturing expands in countries like China and India. Asia Pacific is often cited as the fastest-growing region due to large scale solar deployment, strong manufacturing growth and favourable policy support.

In Latin America, Middle East & Africa, the market currently has a smaller base but significant growth potential tied to recent solar investments and increasing awareness of quality testing needs.

Company Insights

Some of the prominent players operating in the solar simulator market include:
✦ ABET Technologies
✦ Asahi Spectra
✦ Iwasaki Electric
✦ Meyer Burger Technology
✦ Newport Corporation
✦ Gsolar Power
✦ OAI (Optical Associates Inc.)
✦ Nisshinbo Industries
✦ Sciencetech
✦ Endeas Oy

These companies are actively engaged in product innovation, regional expansion, partnerships and servicing the growing needs of PV manufacturers and research labs worldwide.

Market Outlook & Opportunities

Looking ahead, the solar simulator market presents several promising opportunities. The push toward high‐efficiency, bifacial and tandem solar modules means that testing requirements are becoming more complex - driving demand for higher-specification simulators (for example, Class AAA, LED-based, large area) with better uniformity, spectral match, stability and control.

Further, as emerging markets ramp up manufacturing and export of solar modules, there is increasing demand for certified testing facilities. Investments in R&D and quality assurance in solar panel production are expected to grow, which will support market expansion.

There is also an expanding application base: while PV cell/module testing remains dominant, other applications - such as automotive (solar-powered vehicles), materials testing (UV exposure) and photonics/optical industries - offer growth potential. The diversification of industries using solar simulators can broaden the market base.

Moreover, regions such as South Asia and Oceania (including India) present untapped potential owing to increasing solar deployments and manufacturing localisation, which could drive demand for testing infrastructure and hence simulators.

Challenges & Restraints

Despite the positive outlook, the market does face certain challenges. High initial cost of advanced solar simulators, maintenance and calibration requirements pose barriers for smaller labs or manufacturers.

Additionally, rapid technological change means that existing equipment may become obsolete faster, pushing users toward upgrades and replacement - a factor that can slow adoption in some cases.

Another restraint is that while solar deployment is strong, in some markets the maturation of PV manufacturing and test infrastructure is slower, which may delay investment in higher-end simulators.

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Conclusion

In summary, the global solar simulator market is positioned for sustained growth, rising from US$ 478.2 million in 2025 to US$ 772.9 million by 2032 at a 7.1% CAGR. With the renewable energy transition accelerating, and the solar industry's testing requirements becoming more demanding, solar simulator manufacturers and suppliers are on a promising trajectory.

The segmentation by light source (Xenon Arc, Metal Halide, LED, UV, Others), dimension (Class AAA, ABA, ABB), application (PV cell/module testing, UV testing of materials/products, automotive testing, others), industry (solar, automotive, materials testing, photonics, optical, others) and region (North America, Europe, East Asia, South Asia & Oceania, Latin America, Middle East & Africa) provides a comprehensive framework for understanding market dynamics.

Companies such as ABET Technologies, Asahi Spectra, Iwasaki Electric, Meyer Burger Technology, Newport Corporation, Gsolar Power, OAI, Nisshinbo, Sciencetech and Endeas Oy are key players shaping the competitive landscape.

While cost, calibration and obsolescence remain as hurdles, the upward momentum is clear - and for businesses in PV manufacturing, solar testing services, research institutions and related industries, the market for solar simulators offers compelling growth prospects.

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London, EC4A 2DQ, United Kingdom
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UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com

About Persistence Market Research:

At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.

Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.

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