Global Solar Simulator Market To Register The Highest Growth In North America

The global solar simulator market size was worth around USD 213.45 million in 2022 and is predicted to grow to around USD 324.69 million by 2030 with a compound annual growth rate (CAGR) of roughly 5.38% between 2023 and 2030.

A solar simulator is also known as an artificial sun and it performs the role of providing illumination close to the characteristics of natural sunlight. The main purpose of using an artificial sun is to create and provide a controlled indoor facility or unit under laboratory conditions for several end applications. Some of the main uses of solar simulators include testing or materials or processes that exhibit photosensitivity. This includes products such as cosmetic items, sunscreen, solar cells, skin cancer, aerospace materials, water treatment, photosynthesis, and the formation of free radicals. These instruments are subject to certain performance standards, especially the ones used in photovoltaic testing. The standards include IEC 60904-9, ASTM E927-19, and JIS C 8912. There are several types of solar simulators and each type has a specific function to perform. The industry deals with the production and distribution of these solar-energy-mimicking devices.

This review is based on a report by Zion Market Research, titled "Solar Simulator Market By Light Source (LED Lamp, Xenon Arc Lamp, UV Lamp, Metal Halide Arc Lamp, And QTH Lamp), By State (Pulsed And Steady State), By Application (UV Testing Of Materials & Products, PV Cell Module & Material Testing, Biomass Study, And Automotive Testing, And Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030"- Report at https://www.zionmarketresearch.com/report/solar-simulator-market

The global solar simulator market is projected to grow owing to the increasing investments toward technological advancements in terms of solar simulator technologies. Industry players or manufacturers are developing more advanced systems that can be used in harsh settings and provide a more efficient response or performance. The new tools can be expected to have wider applications in the research field. Furthermore, the growing emphasis on quality control and requirements of obtaining certificates could deliver high revenue in the industry. The devices have to meet regional regulatory conditions; however, in recent times, governing bodies have created more stringent rules to ensure that the products are safe to use and deliver as per expectations.

The increasing research-based activities in understanding and harnessing solar energy are crucial to the solar simulator industry. With rising investments in exploring and expanding the solar energy sector, the demand for efficient solar simulators is projected to continue growing. A key trend observed in the industry is the declining demand cost of solar simulators with the entry of multiple players offering competitive products. This has made the product available to a larger group of consumers.

However, the global solar simulator industry also deals with specific growth restraints. One of the primary concerns is the requirement of consistent maintenance and calibration to ensure that the device performs efficiently and provides accurate or reliable results. The calibration process involves regular adjustments that match the simulator's output with the desired solar spectrum. This can be a time-consuming task.

Emerging applications may provide growth opportunities while the complications in replicating real-world conditions could challenge market expansion.

The global solar simulator market is segmented based on light source, state, application, and region.

Based on light source, the global market segments are LED lamp, xenon arc lamp, UV lamp, metal halide arc lamp, and QTH lamp. The industry was led by the light-emitting diode (LED) lamp segment since they offer several advantages as compared to the rest of the options available. For instance, LEDs are highly energy efficient as compared to traditional light sources such as xenon arc lamps. They can convert a higher percentage of electricity into light. Moreover, they have a longer lifespan and offer better flexibility in terms of specific control. Additionally, LED lamps provide precise control over light intensity and temporal variations. UV lamps run on Ultra Violet rays and QTH lamp stands for Quartz Tungsten Halogen (QTH) lamps. The maximum theoretical solar efficiency that can be achieved is 86.8% for any solar power generator.

Based on state, the global solar simulator market segments are pulsed and steady state. The industry witnessed the highest growth in the latter segment since these variants can provide a continuous and constant light output that simulates the characteristics of steady sunlight. These instruments are used for a wide range of applications. Some of the advantages include higher stability and compatibility with standard testing protocols. This means that these simulators align with the set of protocols laid down by official agencies for solar devices. Steady-state solar simulators are suitable for longer testing durations, as they can maintain a continuous light output without interruptions. The price range of a standard Photovoltaic (PV) simulator is between INR 1.5 lakhs to 15 lakhs.

Based on application, the global solar simulator market segments are UV testing of materials & products, PV cell module & material testing, biomass study, automotive testing, and others.

North America is projected to witness the highest growth in the global solar simulator market. The high growth rate may be a result of growing research activities that require the use of solar simulators. Furthermore, the increasing investment toward advancing the instruments by deploying more effective solutions could also assist the North American market to continue its dominance.

In Europe, countries such as Germany, France, the UK, and the Netherlands are expected to generate higher demand for solar stimulators owing to the increasing application in the regional cosmetics industry which is also one of the world’s most valuable industries. Europe is home to some of the largest cosmetic houses such as Loreal. These companies regularly launch new skincare and revolutionary cosmetic products which need to undergo several tests.

In Asia-Pacific, the presence of a large number of solar cell and module manufacturers, research institutes, and testing facilities contributes to the growth of the regional segment.

Recent Developments:

• In April 2021, The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and G2V Optics announced a collaboration in which NREL made use of the G2V Sunbrick™ solar simulator in initial testing of the efficiency of a solar stimulator for multi-junction solar cells
• In December 2020, WAVELABS Solar Metrology Systems GmbH and Aurora Solar Technologies Inc. announced a strategic partnership. The move will assist in integrating the former’s solar cell testers and the latter’s Aurora's InsightTM

Solar Simulator Market: Competitive Analysis

The global solar simulator market is led by players like:

• Newport Corporation
• Spire Solar
• Spectrolab
• Abet Technologies Inc.
• Endeas Oy
• Sciencetech Inc.
• OAI
• Solar Light Company Inc.
• Wacom Electric Co. Ltd.
• Yamashita Denso Corporation
• Sinton Instruments
• Gsolar Power Co. Ltd.
• Endeavour Technologies
• Nisshinbo Mechatronics Inc.
• Solar Light Europe GmbH
• PSE AG
• PV Measurements Inc.
• Endeas Oy
• Konica Minolta Sensing Americas Inc.
• Iwasaki Electric Co. Ltd.
• EKO Instruments
• Class AAA Solar Simulator
• Solar Energy Technology Center
• Atonometrics Inc.
• Sciencetech Inc.

The global solar simulator market is segmented as follows:

By Light Source

• LED Lamp
• Xenon Arc Lamp
• UV Lamp
• Metal Halide Arc Lamp
• QTH Lamp

By State

• Pulsed
• Steady State

By Application

• UV Testing of Materials & Products
• PV Cell Module & Material Testing
• Biomass Study, and Automotive Testing
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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