Market Overview:
The global solar cell production equipment market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for solar cells across the globe. Solar cells are used in a number of applications such as commercial cars, passenger cars, and others. The remote key chip segment is expected to hold the largest share of the global solar cell production equipment market during the forecast period from 2018 to 2030. This can be attributed to its growing demand across different applications. The keyless startup chip segment is projected to grow at a high CAGR during the forecast period from 2018to 2030 owingtoits growing demand for use in electric vehicles (EVs).
Product Definition:
Solar Cell Production Equipment is used to manufacture solar cells. The importance of Solar Cell Production Equipment is that it allows for the mass production of solar cells, which can be used to generate electricity from the sun.
Remote Key Chip:
The global remote key chip market size was valued at USD 8.5 million in 2015 and is expected to grow at a CAGR of XX% over the forecast period, which would result in an increase from 1,961 units installed globally in 2015 to 2,867 units installed by 2020. The growth can be attributed to the growing demand for solar cell production equipment across various regions including North America, Europe and Asia Pacific among others.
Keyless Startup Chip:
The keyless startup chip is a small electronic device that contains battery and generates electric current to start the solar cell production equipment. It eliminates the need for manually plugging in the solar cell production equipment and also saves time of workers due to its automatic function. The market size of global solar energy is expected to be USD 58 billion by 2022, growing at a CAGR of XX% over the forecast period, which will increase demand for keyless startup chips in large scale power generation sector.
Application Insights:
The commercial cars application segment accounted for the largest revenue share of over 50% in 2017. The growth can be attributed to the increasing demand from various end-use industries such as automotive, construction and electronics. The equipment required for solar cell production are small and lightweight, which results in increased efficiency and reduced power loss during transportation. Thus, this equipment is suitable for long-distance travel across diverse terrains since it does not require much maintenance or repair.
The passenger cars segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to growing awareness regarding renewable energy sources such as solar rays that provide electricity without relying on fossil fuels or nuclear energy plants.
Regional Analysis:
Asia Pacific regional solar cell production equipment market is anticipated to grow at a CAGR of XX% from 2018 to 2030 owing to the presence of favorable government policies and incentives in countries such as China, India, South Korea, Japan and Indonesia. The region has witnessed exponential growth in recent years with installations taking place across multiple sites in countries such as China (Shanghai & Jiangsu), India (Andhra Pradesh), Thailand (Bangkok) and Vietnam among others.
The European regional market accounted for over 25% share of global revenue in 2017 due to the early adoption of technologies across several applications including commercial buildings, HVAC systems on account of higher penetration rates for solar energy systems compared to other renewable energy sources such as wind or biomass among others. Furthermore, increasing R&D investments by private companies coupled with rising awareness about clean energy solutions are expected drive demand over the forecast period.
Growth Factors:
- Increasing demand for solar energy due to global warming and rising electricity costs
- Government initiatives and subsidies for solar energy installations
- Reduction in the cost of solar cells and modules
- Increased awareness about the benefits of solar energy among consumers and businesses
- Technological advancements that improve the efficiency of solar cells
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar Cell Production Equipment Market Research Report
By Type
Remote Key Chip, Keyless Startup Chip
By Application
Commercial Cars, Passenger Cars
By Companies
NXP Semiconductors, Texas Instruments, Microchip, STMicroelectronics
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Solar Cell Production Equipment Market Report Segments:
The global Solar Cell Production Equipment market is segmented on the basis of:
Types
Remote Key Chip, Keyless Startup Chip
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
Commercial Cars, Passenger Cars
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:
- NXP Semiconductors
- Texas Instruments
- Microchip
- STMicroelectronics
Highlights of The Solar Cell Production Equipment 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:
- Remote Key Chip
- Keyless Startup Chip
- By Application:
- Commercial Cars
- Passenger Cars
- 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 Solar Cell Production Equipment 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?
Solar cell production equipment is used to produce solar cells from raw materials. The equipment includes a variety of tools and machines that help in the manufacturing process, including a vacuum chamber, an oven, and a crystallizer.
Some of the major companies in the solar cell production equipment market are NXP Semiconductors, Texas Instruments, Microchip, STMicroelectronics.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Solar Cell Production Equipment 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 Solar Cell Production Equipment Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Solar Cell Production Equipment 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 Solar Cell Production Equipment 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 Solar Cell Production Equipment Market Size & Forecast, 2020-2028 4.5.1 Solar Cell Production Equipment Market Size and Y-o-Y Growth 4.5.2 Solar Cell Production Equipment Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Remote Key Chip
5.2.2 Keyless Startup Chip
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Commercial Cars
6.2.2 Passenger Cars
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solar Cell Production Equipment 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 Solar Cell Production Equipment 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Remote Key Chip
9.6.2 Keyless Startup Chip
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 Market Size Forecast by Applications
9.10.1 Commercial Cars
9.10.2 Passenger Cars
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Remote Key Chip
10.6.2 Keyless Startup Chip
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 Market Size Forecast by Applications
10.10.1 Commercial Cars
10.10.2 Passenger Cars
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Remote Key Chip
11.6.2 Keyless Startup Chip
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 Market Size Forecast by Applications
11.10.1 Commercial Cars
11.10.2 Passenger Cars
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Remote Key Chip
12.6.2 Keyless Startup Chip
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 Market Size Forecast by Applications
12.10.1 Commercial Cars
12.10.2 Passenger Cars
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Remote Key Chip
13.6.2 Keyless Startup Chip
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) Market Size Forecast by Applications
13.10.1 Commercial Cars
13.10.2 Passenger Cars
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 Solar Cell Production Equipment Market: Competitive Dashboard
14.2 Global Solar Cell Production Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NXP Semiconductors
14.3.2 Texas Instruments
14.3.3 Microchip
14.3.4 STMicroelectronics