Market Overview:
The global photovoltaic detector market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for solar energy across the globe and rising awareness about the benefits of using solar energy. In addition, government initiatives and subsidies for installing solar panels are also contributing to the growth of this market. The global photovoltaic detector market is segmented on the basis of type, application, and region. On the basis of type, it is divided into InAs photovoltaic detectors, InSb photovoltaic detectors, and others. On the basis of application, it is classified into photovoltaic cells, photo-diodes, photoconductors/phototransistors (PCTs), and others.
Product Definition:
A photovoltaic detector is a device that converts light energy into electrical energy. Photovoltaic detectors are used in a variety of applications, including sensors, security systems, and solar energy systems. The importance of photovoltaic detectors lies in their ability to convert light into electrical energy, which can be used for many purposes.
InAs Photovoltaic Detector:
InAs photovoltaic detector is a new technology and has been under research for the past five years. It was first developed at the University of Stuttgart, Germany, by Dr. Gerhard Neubert and his students in 2007. The main objective of this research was to develop a low-cost solution for solar energy conversion which would be competitive with traditional silicon semiconductors used in PV modules.
InSb Photovoltaic Detector:
InSb photovoltaic detector is a new type of semiconductor that absorbs sunlight and generates electrical energy. These detectors are made from InSb which is an alloy of Indium, Silver and Boron. The efficiency of these detectors at absorbing the sun’s rays is much higher than conventional silicon-based solar cells as they have a larger band gap which allows more light to enter the cell resulting in better performance.
Application Insights:
The market is segmented into photovoltaic cell, photo-diode, phototransistor and others. The photovoltaic cell application segment dominated the overall market in terms of revenue share in 2017. Increasing demand for clean energy has led to an increased focus on renewable sources such as solar and wind energy which has subsequently driven the demand for PV detectors across the globe.
The photo-diode application segment is expected to witness a significant CAGR of XX% from 2018 to 2030 owing to its rising use in various end-use industries such as consumer electronics, automotive and medical equipment among others. Photo diodes are used extensively across all applications mentioned above due to their small size (less than 10mm), low power consumption (0.5mA) and affordable price range which makes them suitable for numerous applications including smartphones or tablets etcetera¢â‚¬â„¢s life expectancy).
Regional Analysis:
Asia Pacific accounted for the largest market share in 2016 and is expected to continue its dominance over the forecast period. The region has witnessed a growing adoption of solar power due to government incentives and favorable regulatory policies. Countries such as China, India, South Korea, Japan have been observed making huge investments in renewable energy projects which include photovoltaic systems installation.
The Middle East & Africa is also anticipated to witness significant growth owing to increasing awareness about PV technology coupled with rising government initiatives for promoting sustainable development across various countries including Saudi Arabia, UAE and Egypt among others.
North America was valued at USD X million in 2016 and is projected grow at a CAGR of XX% from 2017 till 2030 This can be attributed mainlyto high investment by U.S.
Growth Factors:
- Increasing demand for energy due to population growth and industrialization
- Government policies and regulations supporting the use of renewable energy sources
- Reduction in the cost of photovoltaic detectors owing to technological advancements
- Growing awareness about the benefits of using photovoltaic detectors
- Rising investments in research and development for developing new technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Photovoltaic Detector Market Research Report
By Type
InAs Photovoltaic Detector, InSb Photovoltaic Detector, Others
By Application
Photovoltaic Cell, Photo-Diode, Phototransistor, Others
By Companies
Hamamatsu Photonics, OSI Optoelectronics
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
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Photovoltaic Detector Market Report Segments:
The global Photovoltaic Detector market is segmented on the basis of:
Types
InAs Photovoltaic Detector, InSb Photovoltaic Detector, Others
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
Photovoltaic Cell, Photo-Diode, Phototransistor, Others
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:
- Hamamatsu Photonics
- OSI Optoelectronics
Highlights of The Photovoltaic Detector 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:
- InAs Photovoltaic Detector
- InSb Photovoltaic Detector
- Others
- By Application:
- Photovoltaic Cell
- Photo-Diode
- Phototransistor
- Others
- 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 Photovoltaic Detector 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:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A photovoltaic detector is a device that converts sunlight into electrical energy.
Some of the major players in the photovoltaic detector market are Hamamatsu Photonics, OSI Optoelectronics.
The photovoltaic detector market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Photovoltaic Detector 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 Photovoltaic Detector Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Photovoltaic Detector 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 Photovoltaic Detector 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 Photovoltaic Detector Market Size & Forecast, 2018-2028
4.5.1 Photovoltaic Detector Market Size and Y-o-Y Growth
4.5.2 Photovoltaic Detector Market Absolute $ Opportunity
Chapter 5 Global Photovoltaic Detector 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 Photovoltaic Detector Market Size Forecast by Type
5.2.1 InAs Photovoltaic Detector
5.2.2 InSb Photovoltaic Detector
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Photovoltaic Detector 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 Photovoltaic Detector Market Size Forecast by Applications
6.2.1 Photovoltaic Cell
6.2.2 Photo-Diode
6.2.3 Phototransistor
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Photovoltaic Detector 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 Photovoltaic Detector 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 Photovoltaic Detector Analysis and Forecast
9.1 Introduction
9.2 North America Photovoltaic Detector 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 Photovoltaic Detector Market Size Forecast by Type
9.6.1 InAs Photovoltaic Detector
9.6.2 InSb Photovoltaic Detector
9.6.3 Others
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 Photovoltaic Detector Market Size Forecast by Applications
9.10.1 Photovoltaic Cell
9.10.2 Photo-Diode
9.10.3 Phototransistor
9.10.4 Others
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 Photovoltaic Detector Analysis and Forecast
10.1 Introduction
10.2 Europe Photovoltaic Detector 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 Photovoltaic Detector Market Size Forecast by Type
10.6.1 InAs Photovoltaic Detector
10.6.2 InSb Photovoltaic Detector
10.6.3 Others
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 Photovoltaic Detector Market Size Forecast by Applications
10.10.1 Photovoltaic Cell
10.10.2 Photo-Diode
10.10.3 Phototransistor
10.10.4 Others
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 Photovoltaic Detector Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Photovoltaic Detector 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 Photovoltaic Detector Market Size Forecast by Type
11.6.1 InAs Photovoltaic Detector
11.6.2 InSb Photovoltaic Detector
11.6.3 Others
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 Photovoltaic Detector Market Size Forecast by Applications
11.10.1 Photovoltaic Cell
11.10.2 Photo-Diode
11.10.3 Phototransistor
11.10.4 Others
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 Photovoltaic Detector Analysis and Forecast
12.1 Introduction
12.2 Latin America Photovoltaic Detector 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 Photovoltaic Detector Market Size Forecast by Type
12.6.1 InAs Photovoltaic Detector
12.6.2 InSb Photovoltaic Detector
12.6.3 Others
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 Photovoltaic Detector Market Size Forecast by Applications
12.10.1 Photovoltaic Cell
12.10.2 Photo-Diode
12.10.3 Phototransistor
12.10.4 Others
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) Photovoltaic Detector Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Photovoltaic Detector 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) Photovoltaic Detector Market Size Forecast by Type
13.6.1 InAs Photovoltaic Detector
13.6.2 InSb Photovoltaic Detector
13.6.3 Others
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) Photovoltaic Detector Market Size Forecast by Applications
13.10.1 Photovoltaic Cell
13.10.2 Photo-Diode
13.10.3 Phototransistor
13.10.4 Others
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 Photovoltaic Detector Market: Competitive Dashboard
14.2 Global Photovoltaic Detector Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hamamatsu Photonics
14.3.2 OSI Optoelectronics
