Solar Simulator Market - Forecasts From 2018 to 2023
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.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the solar simulator value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of 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.
Segmentation
The Solar Simulator market has been analyzed through following segments:
By Type
Pulse Simulator
Flash Simulator
Continuous Simulator
By Light Source
Quartz Tungsten Halogen Lamps (QHT)
Metal Halide Arc Lamps (HMI)
Light Emitting Diodes (LED)
Xenon Arc Lamps
Others
By Application
Medical Research
Solar Cell Testing and Research
Artificial Environment Testing
Others
By Geography
North America
USA
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the solar simulator value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of 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.
Segmentation
The Solar Simulator market has been analyzed through following segments:
By Type
Pulse Simulator
Flash Simulator
Continuous Simulator
By Light Source
Quartz Tungsten Halogen Lamps (QHT)
Metal Halide Arc Lamps (HMI)
Light Emitting Diodes (LED)
Xenon Arc Lamps
Others
By Application
Medical Research
Solar Cell Testing and Research
Artificial Environment Testing
Others
By Geography
North America
USA
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others
1. INTRODUCTION
1.1. MARKET OVERVIEW
1.2. MARKET DEFINITION
1.3. SCOPE OF THE STUDY
1.4. CURRENCY
1.5. ASSUMPTIONS
1.6. BASE, AND FORECAST YEARS TIMELINE
2. RESEARCH METHODOLOGY
2.1. RESEARCH DESIGN
2.2. SECONDARY SOURCES
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. MARKET SEGMENTATION
4.2. MARKET DRIVERS
4.3. MARKET RESTRAINTS
4.4. MARKET OPPORTUNITIES
4.5. PORTER’S FIVE FORCE ANALYSIS
4.5.1. BARGAINING POWER OF SUPPLIERS
4.5.2. BARGAINING POWER OF BUYERS
4.5.3. THREAT OF NEW ENTRANTS
4.5.4. THREAT OF SUBSTITUTES
4.5.5. COMPETITIVE RIVALRY IN THE INDUSTRY
4.6. LIFE CYCLE ANALYSIS - REGIONAL SNAPSHOT
4.7. MARKET ATTRACTIVENESS
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 (QHT)
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
8.1. NORTH AMERICA
8.1.1. USA
8.1.2. CANADA
8.1.3. MEXICO
8.1.4. OTHERS
8.2. SOUTH AMERICA
8.2.1. BRAZIL
8.2.2. ARGENTINA
8.2.3. OTHERS
8.3. EUROPE
8.3.1. GERMANY
8.3.2. FRANCE
8.3.3. UNITED KINGDOM
8.3.4. SPAIN
8.3.5. OTHERS
8.4. MIDDLE EAST AND AFRICA
8.4.1. SAUDI ARABIA
8.4.2. ISRAEL
8.4.3. OTHERS
8.5. ASIA PACIFIC
8.5.1. CHINA
8.5.2. JAPAN
8.5.3. SOUTH KOREA
8.5.4. INDIA
8.5.5. OTHERS
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
10.1.1. COMPANY OVERVIEW
10.1.2. FINANCIALS
10.1.3. PRODUCTS AND SERVICES
10.1.4. RECENT DEVELOPMENTS
10.2. SPIRE SOLAR, LLC
10.2.1. COMPANY OVERVIEW
10.2.2. FINANCIALS
10.2.3. PRODUCTS AND SERVICES
10.2.4. RECENT DEVELOPMENTS
10.3. SOLAR LIGHT COMPANY
10.3.1. COMPANY OVERVIEW
10.3.2. FINANCIALS
10.3.3. PRODUCTS AND SERVICES
10.3.4. RECENT DEVELOPMENTS
10.4. ABET TECHNOLOGIES, INC.
10.4.1. COMPANY OVERVIEW
10.4.2. FINANCIALS
10.4.3. PRODUCTS AND SERVICES
10.4.4. RECENT DEVELOPMENTS
10.5. SCIENCETECH, INC.
10.5.1. COMPANY OVERVIEW
10.5.2. FINANCIALS
10.5.3. PRODUCTS AND SERVICES
10.5.4. RECENT DEVELOPMENTS
10.6. WACOM ELECTRIC CO., LTD.
10.6.1. COMPANY OVERVIEW
10.6.2. FINANCIALS
10.6.3. PRODUCTS AND SERVICES
10.6.4. RECENT DEVELOPMENTS
10.7. SPECTROLAB INC.
10.7.1. COMPANY OVERVIEW
10.7.2. FINANCIALS
10.7.3. PRODUCTS AND SERVICES
10.7.4. RECENT DEVELOPMENTS
10.8. OAI
10.8.1. COMPANY OVERVIEW
10.8.2. FINANCIALS
10.8.3. PRODUCTS AND SERVICES
10.8.4. RECENT DEVELOPMENTS
10.9. ASAHI SPECTRA CO., LTD.
10.9.1. COMPANY OVERVIEW
10.9.2. FINANCIALS
10.9.3. PRODUCTS AND SERVICES
10.9.4. RECENT DEVELOPMENTS
10.10. IWASAKI ELECTRIC CO., LTD.
10.10.1. COMPANY OVERVIEW
10.10.2. FINANCIALS
10.10.3. PRODUCTS AND SERVICES
10.10.4. RECENT DEVELOPMENTS
LIST OF FIGURES
LIST OF TABLES
DISCLAIMER
1.1. MARKET OVERVIEW
1.2. MARKET DEFINITION
1.3. SCOPE OF THE STUDY
1.4. CURRENCY
1.5. ASSUMPTIONS
1.6. BASE, AND FORECAST YEARS TIMELINE
2. RESEARCH METHODOLOGY
2.1. RESEARCH DESIGN
2.2. SECONDARY SOURCES
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. MARKET SEGMENTATION
4.2. MARKET DRIVERS
4.3. MARKET RESTRAINTS
4.4. MARKET OPPORTUNITIES
4.5. PORTER’S FIVE FORCE ANALYSIS
4.5.1. BARGAINING POWER OF SUPPLIERS
4.5.2. BARGAINING POWER OF BUYERS
4.5.3. THREAT OF NEW ENTRANTS
4.5.4. THREAT OF SUBSTITUTES
4.5.5. COMPETITIVE RIVALRY IN THE INDUSTRY
4.6. LIFE CYCLE ANALYSIS - REGIONAL SNAPSHOT
4.7. MARKET ATTRACTIVENESS
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 (QHT)
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
8.1. NORTH AMERICA
8.1.1. USA
8.1.2. CANADA
8.1.3. MEXICO
8.1.4. OTHERS
8.2. SOUTH AMERICA
8.2.1. BRAZIL
8.2.2. ARGENTINA
8.2.3. OTHERS
8.3. EUROPE
8.3.1. GERMANY
8.3.2. FRANCE
8.3.3. UNITED KINGDOM
8.3.4. SPAIN
8.3.5. OTHERS
8.4. MIDDLE EAST AND AFRICA
8.4.1. SAUDI ARABIA
8.4.2. ISRAEL
8.4.3. OTHERS
8.5. ASIA PACIFIC
8.5.1. CHINA
8.5.2. JAPAN
8.5.3. SOUTH KOREA
8.5.4. INDIA
8.5.5. OTHERS
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
10.1.1. COMPANY OVERVIEW
10.1.2. FINANCIALS
10.1.3. PRODUCTS AND SERVICES
10.1.4. RECENT DEVELOPMENTS
10.2. SPIRE SOLAR, LLC
10.2.1. COMPANY OVERVIEW
10.2.2. FINANCIALS
10.2.3. PRODUCTS AND SERVICES
10.2.4. RECENT DEVELOPMENTS
10.3. SOLAR LIGHT COMPANY
10.3.1. COMPANY OVERVIEW
10.3.2. FINANCIALS
10.3.3. PRODUCTS AND SERVICES
10.3.4. RECENT DEVELOPMENTS
10.4. ABET TECHNOLOGIES, INC.
10.4.1. COMPANY OVERVIEW
10.4.2. FINANCIALS
10.4.3. PRODUCTS AND SERVICES
10.4.4. RECENT DEVELOPMENTS
10.5. SCIENCETECH, INC.
10.5.1. COMPANY OVERVIEW
10.5.2. FINANCIALS
10.5.3. PRODUCTS AND SERVICES
10.5.4. RECENT DEVELOPMENTS
10.6. WACOM ELECTRIC CO., LTD.
10.6.1. COMPANY OVERVIEW
10.6.2. FINANCIALS
10.6.3. PRODUCTS AND SERVICES
10.6.4. RECENT DEVELOPMENTS
10.7. SPECTROLAB INC.
10.7.1. COMPANY OVERVIEW
10.7.2. FINANCIALS
10.7.3. PRODUCTS AND SERVICES
10.7.4. RECENT DEVELOPMENTS
10.8. OAI
10.8.1. COMPANY OVERVIEW
10.8.2. FINANCIALS
10.8.3. PRODUCTS AND SERVICES
10.8.4. RECENT DEVELOPMENTS
10.9. ASAHI SPECTRA CO., LTD.
10.9.1. COMPANY OVERVIEW
10.9.2. FINANCIALS
10.9.3. PRODUCTS AND SERVICES
10.9.4. RECENT DEVELOPMENTS
10.10. IWASAKI ELECTRIC CO., LTD.
10.10.1. COMPANY OVERVIEW
10.10.2. FINANCIALS
10.10.3. PRODUCTS AND SERVICES
10.10.4. RECENT DEVELOPMENTS
LIST OF FIGURES
LIST OF TABLES
DISCLAIMER