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Global Solar Simulator Market Forecasts to 2023: Projected to Rise at a CAGR of 7.22% - ResearchAndMarkets.com

December 21, 2018

DUBLIN--(BUSINESS WIRE)--Dec 21, 2018--The “Solar Simulator Market - Forecasts From 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.

The Solar Simulator market is projected to grow at a CAGR of 7.22% to reach US$8.891 billion by 2023, from US$5.851 billion in 2017.

The solar simulator market will show growth with the rise in the investment in the research and development of solar cells, ultraviolet resistive cosmetics and paints, medical treatments, and many other fields, as Solar Simulators provide a more affordable option than the traditional testing and research methods. However, the market will see restraints due to the lack of technological knowledge and high setup and running cost.

The North American market comprises a significant share in the market due to the easier availability of technology and its early adoption. With the rising trend in automotive, manufacturing and medical industries in the Asia Pacific region, it will see some growth opportunities in the solar simulator market.

Major industry players profiled as part of the report are Newport Corporation, Spire Solar, LLC, Solar Light Company, Abet Technologies, Inc., Sciencetech, Inc., among others.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Solar Simulator Market By Type

5.1. Pulse Simulator

5.2. Flash Simulator

5.3. Continuous Simulator

6. Solar Simulator Market By Light Source

6.1. Quartz Tungsten Halogen Lamps (QQT)

6.2. Metal Halide Arc Lamps (HMI)

6.3. Light Emitting Diodes (LED)

6.4. Xenon Arc Lamps

6.5. Others

7. Solar Simulator Market By Application

7.1. Medical Research

7.2. Solar Cell Testing And Research

7.3. Artificial Environment Testing

7.4. Others

8. Solar Simulator Market By Geography

9. Competitive Intelligence

9.1. Market Share Analysis

9.2. Recent Investment And Deals

9.3. Strategies Of Key Players

10. Company Profiles

10.1. Newport Corporation

10.2. Spire Solar LLC

10.3. Solar Light Company

10.4. Abet Technologies Inc.

10.5. Sciencetech Inc.

10.6. Wacom Electric Co. Ltd.

10.7. Spectrolab Inc.

10.8. OAI

10.9. Asahi Spectra Co. Ltd.

10.10. Iwasaki Electric Co. Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/tr78hs/global_solar?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181221005222/en/

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Related Topics:Solar Power

KEYWORD:

INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/21/2018 07:52 AM/DISC: 12/21/2018 07:52 AM

http://www.businesswire.com/news/home/20181221005222/en

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