Market Overview:
The global solar cell sintering furnace market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for solar energy across the globe. In addition, factors such as technological advancements and rising awareness about renewable energy are also contributing to the growth of this market. The global solar cell sintering furnace market is segmented on the basis of type, application and region. On the basis of type, it is divided into continuous solar cell sintering furnace and intermittent solar cell sintering furnace. On the basis of application, it is classified into single crystal silicon cell sintering, polycrystalline silicon cell sintering and amorphous silicon cell Sinteresring . Region-wise, it is analyzed across North America , Latin America , Europe , Asia Pacific and Middle East & Africa .
Product Definition:
A solar cell sintering furnace is a piece of equipment used to manufacture solar cells. Solar cells are made by depositing thin films of silicon onto a substrate. The films are then heated in the furnace to create a single, unified layer. The importance of the solar cell sintering furnace is that it allows for the production of high-quality solar cells at high speeds.
Continuous Solar Cell Sintering Furnace:
Continuous solar cell sintering furnace is a new technology that helps to increase the efficiency of solar cells by reducing the number of defects in their crystalline structure. The process involves melting silica sand, which is used as a raw material for making silicon wafers. These are then sent to be polished and coated with an anti-reflective coating, before they are installed in photovoltaic modules.
Intermittent Solar Cell Sintering Furnace:
Intermittent solar cell sintering furnace is a type of kiln which is used to fire intermittent stream of raw material such as sand, rock, or ceramics. It's working principle is based on the temperature difference between two sides of the glass: one side is at a higher temperature than other and when it gets heated it allows current to flow through while if ever it cools down then current stops flowing.
Application Insights:
The single crystal silicon cell sintering application segment accounted for the largest revenue share in 2017 and is projected to continue leading over the forecast period. The product demand for this application is primarily driven by its features, such as high-quality products with low costs and fewer resources consumed. Single crystal solar cells are more efficient than polycrystalline or amorphous silicon cells, which enables higher energy yields per unit of area when these cells are integrated into panels.
Polycrystalline silicon cell sintering accounts for a significant market share owing to its lower costs associated with producing electricity from solar power plants compared to single crystal production processes.
Regional Analysis:
Asia Pacific regional solar cell sintering furnace market is anticipated to witness significant growth over the forecast period. The presence of a large number of solar cell manufacturers in China and India, owing to cheap labor cost, has led to an increase in the production capacity. This has resulted in high product demand across this region.
The increasing installation of renewable energy infrastructure coupled with rising awareness regarding environment-friendly technologies is expected to drive industry growth over the forecast period. In addition, growing investments by prominent players for expanding their manufacturing facilities will further propel industry expansion over the next eight years. For instance, Canadian Solar Inc., one of the leading manufacturers based out of China plans on investing around USD X million for constructing a new factory that would have an annual capacity between 30 and 40 million cells per year (4 GWp).
Growth Factors:
- Increasing demand for solar energy: The global demand for solar energy is increasing rapidly due to the growing awareness of the benefits of renewable energy sources and concerns about climate change. This is driving the growth of the solar cell sintering furnace market.
- Technological advancements: The development of new and more efficient technologies is helping to drive growth in the solar cell sintering furnace market. For example, recent advances in laser technology have made it possible to produce high-quality cells with low thermal stress, which can improve performance and reduce costs.
- Rising investment in renewable energy: Governments and private investors are increasingly investing in renewable energy projects, including solar power plants, due to concerns about climate change and rising electricity costs. This is helping to drive growth in the solar cell sintering furnace market.
- Growing popularity of rooftop photovoltaic systems: Rooftop photovoltaic (PV) systems are becoming increasingly popular as a source of clean, sustainable electricity generation worldwide due to their lower installation costs compared with large-scale ground-mounted PV systems .This is contributing to growth in th e sol ar cel l sin teri ng fu rna ce ma rke t . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar Cell Sintering Furnace Market Research Report
By Type
Continuous Solar Cell Sintering Furnace, Intermittent Solar Cell Sintering Furnace
By Application
Single Crystal Silicon Cell Sintering, Polycrystalline Silicon Cell Sintering, Amorphous Silicon Cell Sintering
By Companies
MAXWELL, Kelongwei Intelligent Equipment, JT Automation Equipment, China Electronics Technology Group Corporation No.48 Institute, Centrotherm, Noritake, Rehm Thermal Systems, Schmid Group, Koyo Thermo System, Huaguang Kilns and Furnances Equipment
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
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Solar Cell Sintering Furnace Market Report Segments:
The global Solar Cell Sintering Furnace market is segmented on the basis of:
Types
Continuous Solar Cell Sintering Furnace, Intermittent Solar Cell Sintering Furnace
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
Single Crystal Silicon Cell Sintering, Polycrystalline Silicon Cell Sintering, Amorphous Silicon Cell Sintering
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:
- MAXWELL
- Kelongwei Intelligent Equipment
- JT Automation Equipment
- China Electronics Technology Group Corporation No.48 Institute
- Centrotherm
- Noritake
- Rehm Thermal Systems
- Schmid Group
- Koyo Thermo System
- Huaguang Kilns and Furnances Equipment
Highlights of The Solar Cell Sintering Furnace 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:
- Continuous Solar Cell Sintering Furnace
- Intermittent Solar Cell Sintering Furnace
- By Application:
- Single Crystal Silicon Cell Sintering
- Polycrystalline Silicon Cell Sintering
- Amorphous Silicon Cell Sintering
- 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 Sintering Furnace 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?
A solar cell sintering furnace is a type of industrial furnace used to produce high-quality, low-cost solar cells from thin wafers of silicon. Solar cell sintering furnaces are typically heated by direct sunlight and use a vacuum chamber to remove the air from the wafer.
Some of the major companies in the solar cell sintering furnace market are MAXWELL, Kelongwei Intelligent Equipment, JT Automation Equipment, China Electronics Technology Group Corporation No.48 Institute, Centrotherm, Noritake, Rehm Thermal Systems, Schmid Group, Koyo Thermo System, Huaguang Kilns and Furnances Equipment.
The solar cell sintering furnace market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Solar Cell Sintering Furnace 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 Sintering Furnace Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Solar Cell Sintering Furnace 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 Sintering Furnace 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 Sintering Furnace Market Size & Forecast, 2020-2028 4.5.1 Solar Cell Sintering Furnace Market Size and Y-o-Y Growth 4.5.2 Solar Cell Sintering Furnace 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 Continuous Solar Cell Sintering Furnace
5.2.2 Intermittent Solar Cell Sintering Furnace
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 Single Crystal Silicon Cell Sintering
6.2.2 Polycrystalline Silicon Cell Sintering
6.2.3 Amorphous Silicon Cell Sintering
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solar Cell Sintering Furnace 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 Sintering Furnace 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 Continuous Solar Cell Sintering Furnace
9.6.2 Intermittent Solar Cell Sintering Furnace
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 Single Crystal Silicon Cell Sintering
9.10.2 Polycrystalline Silicon Cell Sintering
9.10.3 Amorphous Silicon Cell Sintering
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 Continuous Solar Cell Sintering Furnace
10.6.2 Intermittent Solar Cell Sintering Furnace
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 Single Crystal Silicon Cell Sintering
10.10.2 Polycrystalline Silicon Cell Sintering
10.10.3 Amorphous Silicon Cell Sintering
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 Continuous Solar Cell Sintering Furnace
11.6.2 Intermittent Solar Cell Sintering Furnace
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 Single Crystal Silicon Cell Sintering
11.10.2 Polycrystalline Silicon Cell Sintering
11.10.3 Amorphous Silicon Cell Sintering
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 Continuous Solar Cell Sintering Furnace
12.6.2 Intermittent Solar Cell Sintering Furnace
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 Single Crystal Silicon Cell Sintering
12.10.2 Polycrystalline Silicon Cell Sintering
12.10.3 Amorphous Silicon Cell Sintering
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 Continuous Solar Cell Sintering Furnace
13.6.2 Intermittent Solar Cell Sintering Furnace
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 Single Crystal Silicon Cell Sintering
13.10.2 Polycrystalline Silicon Cell Sintering
13.10.3 Amorphous Silicon Cell Sintering
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 Sintering Furnace Market: Competitive Dashboard
14.2 Global Solar Cell Sintering Furnace Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MAXWELL
14.3.2 Kelongwei Intelligent Equipment
14.3.3 JT Automation Equipment
14.3.4 China Electronics Technology Group Corporation No.48 Institute
14.3.5 Centrotherm
14.3.6 Noritake
14.3.7 Rehm Thermal Systems
14.3.8 Schmid Group
14.3.9 Koyo Thermo System
14.3.10 Huaguang Kilns and Furnances Equipment