Market Overview:
The global industrial sun sensors market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for solar energy across the globe and rising adoption of sun sensors in automotive applications. Based on type, the global industrial sun sensor market is segmented into coarse analog sun sensors, fine analog sun sensors, and digital sun sensors. The coarse analogsun sensor segment is expected to hold a major share of the market during the forecast period owingto its low cost and easy installation. However,the fine analogsun sensorsegmentis projectedto grow at a higher CAGR due to its high accuracyand sensitivity.
Product Definition:
Industrial sun sensors are used to detect the position of the sun. They can be used to calculate the time of day, track the movement of the sun, or orient a solar panel.
Coarse Analog Sun Sensors:
Analog sun sensors are used to measure the intensity of light and its variation over time. These sensors are mainly used in industrial applications as they provide a measurement of the amount of energy received from the sun, which is converted into electricity by solar panels. The power measured by these sensors can be related to that of a standard photovoltaic cell and hence provides an easy way for monitoring efficiency.
Fine Analog Sun Sensors:
Fine analog sun sensors are used in industrial sun sensors to measure the intensity of UV radiation. The working principle is based on the photoelectric effect. A semiconductor is exposed to UV light, which causes a change in its electrical conductivity; this change can be detected by electronic circuitry. Fine analog sun sensor works on similar principal but instead of using a semiconductor it uses an optical fiber for exposure and detection of sunlight's wavelength.
Application Insights:
The space segment accounted for the largest revenue share in 2016 and is projected to continue leading over the forecast period. The sun sensors used in space applications are required to operate efficiently even at extreme cold temperatures, which makes them an ideal solution for industrial designers looking for innovative ways of incorporating solar power into their products.
The renewable energy segment is expected to grow at a significant rate over the forecast period owing to rising government support and initiatives pertaining with regards to increasing investments in various renewable energy projects across different regions of the world. The growth of this segment can be attributed primarily on account of growing demand from photovoltaic (PV) module manufacturers who require accurate measurements so that they can design efficient PV modules. Solar cells also need precise measurements so that they can be manufactured using high-tech equipment such as automated semiconductor manufacturing systems (ASMS).
Regional Analysis:
Asia Pacific dominated the global industry with a revenue share of over 35% in 2017. The region is expected to continue its dominance over the forecast period as well, owing to rising investments in industrial automation and rapid growth of end-use industries such as renewable energy, space technology, defense & aerospace and automotive.
The growing manufacturing sector across emerging economies including China and India coupled with increasing government spending on infrastructure development is anticipated to drive demand for industrial sun sensors in Asia Pacific region. Furthermore, favorable regulatory policies regarding implementation of digital control systems are projected to bode well for market growth over the next eight years.
Europe accounted for more than 20% market share in terms of revenue due mainly to high penetration rates observed within numerous end-use applications such as renewable energy monitoring & management systems used by solar PV module manufacturers or wind turbine manufacturers or oil & gas companies responsible for power generation at their production facilities etc.).
Growth Factors:
- Increasing demand for solar energy: The global demand for solar energy is increasing rapidly due to the growing awareness of its benefits. This is driving the adoption of industrial sun sensors, which are used to measure and optimize the performance of solar installations.
- Rising investment in renewable energy: Governments and private investors are increasingly allocating funds towards renewable energy projects, which is benefiting the industrial sun sensor market.
- Growing need for efficient power management: Industrial facilities are under pressure to reduce their power consumption in order to become more environmentally sustainable and cost-effective. Sun sensors can help achieve this by optimizing sunlight harvesting through proper placement and angle adjustment of photovoltaic arrays.
- Proliferation of smart cities: As more cities adopt smart city initiatives, there will be an increased need for systems that can collect data from various sources (including sunlight) and analyze it in real-time to improve efficiency and sustainability outcomes . Sun sensors will play a key role in such systems as they provide accurate information about outdoor lighting conditions on a 24/7 basis . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Sun Sensors Market Research Report
By Type
Coarse Analog Sun Sensors, Fine Analog Sun Sensors, Digital Sun Sensors
By Application
Space, Renewable Energy, Aeronautics, Defense, Automotive
By Companies
NewSpace Systems, Bradford Space, Adcole Space, GOMSpace, Space Micro, CubeSpace, Antrix Corporation, Hyperion Technologies, Sputnix, German Orbital Systems, NewSpace Systems, Needronix, Cosats, Leonardo, LENS R&D, Crystal Space, Solar MEMS Technologies, Chang Guang Satellite, Tensor Tech, Optical Energy Technologies, Jena-Optronik GmbH, CAS-SAST Shanghai Academy of Spaceflight Tech, SpaceTech GmbH
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Sun Sensors Market Report Segments:
The global Industrial Sun Sensors market is segmented on the basis of:
Types
Coarse Analog Sun Sensors, Fine Analog Sun Sensors, Digital Sun Sensors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Space, Renewable Energy, Aeronautics, Defense, Automotive
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NewSpace Systems
- Bradford Space
- Adcole Space
- GOMSpace
- Space Micro
- CubeSpace
- Antrix Corporation
- Hyperion Technologies
- Sputnix
- German Orbital Systems
- NewSpace Systems
- Needronix
- Cosats
- Leonardo
- LENS R&D
- Crystal Space
- Solar MEMS Technologies
- Chang Guang Satellite
- Tensor Tech
- Optical Energy Technologies
- Jena-Optronik GmbH
- CAS-SAST Shanghai Academy of Spaceflight Tech
- SpaceTech GmbH
Highlights of The Industrial Sun Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Coarse Analog Sun Sensors
- Fine Analog Sun Sensors
- Digital Sun Sensors
- By Application:
- Space
- Renewable Energy
- Aeronautics
- Defense
- Automotive
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Sun Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial Sun Sensors are a type of sensor that is used in industrial applications to measure the amount of light that is hitting it. This information can then be used to control things like lights or machines.
Some of the major companies in the industrial sun sensors market are NewSpace Systems, Bradford Space, Adcole Space, GOMSpace, Space Micro, CubeSpace, Antrix Corporation, Hyperion Technologies, Sputnix, German Orbital Systems, NewSpace Systems, Needronix, Cosats, Leonardo, LENS R&D, Crystal Space, Solar MEMS Technologies, Chang Guang Satellite, Tensor Tech, Optical Energy Technologies, Jena-Optronik GmbH, CAS-SAST Shanghai Academy of Spaceflight Tech, SpaceTech GmbH.
The industrial sun sensors market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Sun Sensors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Sun Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Sun Sensors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Sun Sensors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Sun Sensors Market Size & Forecast, 2018-2028
4.5.1 Industrial Sun Sensors Market Size and Y-o-Y Growth
4.5.2 Industrial Sun Sensors Market Absolute $ Opportunity
Chapter 5 Global Industrial Sun Sensors Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Sun Sensors Market Size Forecast by Type
5.2.1 Coarse Analog Sun Sensors
5.2.2 Fine Analog Sun Sensors
5.2.3 Digital Sun Sensors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Sun Sensors Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Sun Sensors Market Size Forecast by Applications
6.2.1 Space
6.2.2 Renewable Energy
6.2.3 Aeronautics
6.2.4 Defense
6.2.5 Automotive
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Sun Sensors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Sun Sensors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Sun Sensors Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Sun Sensors Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Sun Sensors Market Size Forecast by Type
9.6.1 Coarse Analog Sun Sensors
9.6.2 Fine Analog Sun Sensors
9.6.3 Digital Sun Sensors
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Sun Sensors Market Size Forecast by Applications
9.10.1 Space
9.10.2 Renewable Energy
9.10.3 Aeronautics
9.10.4 Defense
9.10.5 Automotive
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Sun Sensors Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Sun Sensors Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Sun Sensors Market Size Forecast by Type
10.6.1 Coarse Analog Sun Sensors
10.6.2 Fine Analog Sun Sensors
10.6.3 Digital Sun Sensors
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Sun Sensors Market Size Forecast by Applications
10.10.1 Space
10.10.2 Renewable Energy
10.10.3 Aeronautics
10.10.4 Defense
10.10.5 Automotive
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Sun Sensors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Sun Sensors Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Sun Sensors Market Size Forecast by Type
11.6.1 Coarse Analog Sun Sensors
11.6.2 Fine Analog Sun Sensors
11.6.3 Digital Sun Sensors
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Sun Sensors Market Size Forecast by Applications
11.10.1 Space
11.10.2 Renewable Energy
11.10.3 Aeronautics
11.10.4 Defense
11.10.5 Automotive
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Sun Sensors Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Sun Sensors Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Sun Sensors Market Size Forecast by Type
12.6.1 Coarse Analog Sun Sensors
12.6.2 Fine Analog Sun Sensors
12.6.3 Digital Sun Sensors
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Sun Sensors Market Size Forecast by Applications
12.10.1 Space
12.10.2 Renewable Energy
12.10.3 Aeronautics
12.10.4 Defense
12.10.5 Automotive
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Sun Sensors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Sun Sensors Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Sun Sensors Market Size Forecast by Type
13.6.1 Coarse Analog Sun Sensors
13.6.2 Fine Analog Sun Sensors
13.6.3 Digital Sun Sensors
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Sun Sensors Market Size Forecast by Applications
13.10.1 Space
13.10.2 Renewable Energy
13.10.3 Aeronautics
13.10.4 Defense
13.10.5 Automotive
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Sun Sensors Market: Competitive Dashboard
14.2 Global Industrial Sun Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NewSpace Systems
14.3.2 Bradford Space
14.3.3 Adcole Space
14.3.4 GOMSpace
14.3.5 Space Micro
14.3.6 CubeSpace
14.3.7 Antrix Corporation
14.3.8 Hyperion Technologies
14.3.9 Sputnix
14.3.10 German Orbital Systems
14.3.11 NewSpace Systems
14.3.12 Needronix
14.3.13 Cosats
14.3.14 Leonardo
14.3.15 LENS R&D
14.3.16 Crystal Space
14.3.17 Solar MEMS Technologies
14.3.18 Chang Guang Satellite
14.3.19 Tensor Tech
14.3.20 Optical Energy Technologies
14.3.21 Jena-Optronik GmbH
14.3.22 CAS-SAST Shanghai Academy of Spaceflight Tech
14.3.23 SpaceTech GmbH
