Market Overview:
The global solar measuring device market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth 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 promoting solar energy are also contributing to the growth of this market. Based on type, pyranometers accounted for a major share of the global solar measuring device market in 2017. This can be attributed to their wide usage in PV systems for measuring direct beam radiation and total irradiance levels.
Product Definition:
A solar measuring device is a tool used to measure the amount of sunlight that reaches a particular location. This information can be used to help determine if a particular spot is suitable for installing solar panels.
Pyranometer:
A pyranometer is a device used to measure the solar constant, that is the total energy received from all sources i.e. direct sunlight, light from a lamp and reflected sunlight. It measures in units of temperature difference between coldest point on Earth and warmest point on Earth known as temperature coefficient (TC).
UV Radiometer:
UV radiometer is a device used to measure the amount of UV radiation received by a surface, which can be used for testing the quality of solar panels. It works on the principle that visible light is absorbed by solar panels and invisible UV rays are reflected back to earth. The higher the number, more efficient your panel is in absorbing and reflecting UV rays.
Application Insights:
The meteorological monitoring segment dominated the global solar measuring device market in terms of revenue share in 2017. The growth can be attributed to the growing need for accurate and real-time weather data across various industries such as energy, agriculture, water resources and construction. Solar radiation affects a wide range of meteorological parameters including air temperature, precipitation, humidity, wind speed and direction among others which enables its use as a primary source for weather forecasting.
Photovoltaic (PV) installations are expected to witness significant growth over the forecast period owing to rising awareness regarding renewable energy sources coupled with government support & funding for installation projects. Countries such as Germany have installed large scale PV systems on roofs of educational buildings, government offices along with power grids that transmit electricity directly from PV panels through thin film cells resulting in reliable sunshine duration measurements during day time hours when system is operating normally.
Regional Analysis:
The Asia Pacific regional market is anticipated to grow at the highest CAGR over the forecast period. The growth of this region is attributed to increasing investments in renewable energy and technological advancements in solar observing devices. For instance, Japan has a large number of weather stations that use pyranometers for measuring solar radiation. These stations record data based on different time intervals such as hourly, daily, monthly and yearly which helps in analyzing various climatic conditions prevailing at different timescales over a year.
North America was the second-largest regional market followed by Europe owing to high demand from end-users such as meteorological agencies and PV system manufacturers across these regions.
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 panels and other components
- Increased awareness about the benefits of solar energy among consumers and businesses
- Technological advances that make solar systems more efficient and affordable
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar Measuring Device Market Research Report
By Type
Pyranometer, UV Radiometer, Albedometer, Sunshine Duration Sensor, Others
By Application
Photovoltaic (PV), Meteorological Monitoring, Agricultural, Others
By Companies
StellarNet, Inc., OTT HydroMet BV, Hach, PCE Holding Gmb, Delta-T Devices Ltd, Earth Sciences, Transcat, Inc., Geonic, Sauermann Group, Sciencetech, GlobalSpec, Seaward Electronics Ltd., Jinzhou Tianuo environmental energy Instrument Co., LTD, Jingzhiyang Technology Co., LTD, Zolix, Beijing RETEC New Energy Technology Co., Ltd
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Solar Measuring Device Market Report Segments:
The global Solar Measuring Device market is segmented on the basis of:
Types
Pyranometer, UV Radiometer, Albedometer, Sunshine Duration Sensor, 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 (PV), Meteorological Monitoring, Agricultural, 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:
- StellarNet, Inc.
- OTT HydroMet BV
- Hach
- PCE Holding Gmb
- Delta-T Devices Ltd
- Earth Sciences
- Transcat, Inc.
- Geonic
- Sauermann Group
- Sciencetech
- GlobalSpec
- Seaward Electronics Ltd.
- Jinzhou Tianuo environmental energy Instrument Co., LTD
- Jingzhiyang Technology Co., LTD
- Zolix
- Beijing RETEC New Energy Technology Co., Ltd
Highlights of The Solar Measuring Device 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:
- Pyranometer
- UV Radiometer
- Albedometer
- Sunshine Duration Sensor
- Others
- By Application:
- Photovoltaic (PV)
- Meteorological Monitoring
- Agricultural
- 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 Solar Measuring Device 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
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- 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 solar measuring device (SMD) is a tool used to measure the amount of sunlight that falls on an object. Solar measuring devices are often used by scientists and engineers to study the effects of sunlight on materials or objects.
Some of the major players in the solar measuring device market are StellarNet, Inc., OTT HydroMet BV, Hach, PCE Holding Gmb, Delta-T Devices Ltd, Earth Sciences, Transcat, Inc., Geonic, Sauermann Group, Sciencetech, GlobalSpec, Seaward Electronics Ltd., Jinzhou Tianuo environmental energy Instrument Co., LTD, Jingzhiyang Technology Co., LTD, Zolix, Beijing RETEC New Energy Technology Co., Ltd.
The solar measuring device 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 Solar Measuring Device 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 Measuring Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Solar Measuring Device 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 Measuring Device 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 Measuring Device Market Size & Forecast, 2018-2028
4.5.1 Solar Measuring Device Market Size and Y-o-Y Growth
4.5.2 Solar Measuring Device Market Absolute $ Opportunity
Chapter 5 Global Solar Measuring Device 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 Solar Measuring Device Market Size Forecast by Type
5.2.1 Pyranometer
5.2.2 UV Radiometer
5.2.3 Albedometer
5.2.4 Sunshine Duration Sensor
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Solar Measuring Device 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 Solar Measuring Device Market Size Forecast by Applications
6.2.1 Photovoltaic (PV)
6.2.2 Meteorological Monitoring
6.2.3 Agricultural
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solar Measuring Device 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 Measuring Device 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 Solar Measuring Device Analysis and Forecast
9.1 Introduction
9.2 North America Solar Measuring Device 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 Solar Measuring Device Market Size Forecast by Type
9.6.1 Pyranometer
9.6.2 UV Radiometer
9.6.3 Albedometer
9.6.4 Sunshine Duration Sensor
9.6.5 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 Solar Measuring Device Market Size Forecast by Applications
9.10.1 Photovoltaic (PV)
9.10.2 Meteorological Monitoring
9.10.3 Agricultural
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 Solar Measuring Device Analysis and Forecast
10.1 Introduction
10.2 Europe Solar Measuring Device 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 Solar Measuring Device Market Size Forecast by Type
10.6.1 Pyranometer
10.6.2 UV Radiometer
10.6.3 Albedometer
10.6.4 Sunshine Duration Sensor
10.6.5 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 Solar Measuring Device Market Size Forecast by Applications
10.10.1 Photovoltaic (PV)
10.10.2 Meteorological Monitoring
10.10.3 Agricultural
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 Solar Measuring Device Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Solar Measuring Device 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 Solar Measuring Device Market Size Forecast by Type
11.6.1 Pyranometer
11.6.2 UV Radiometer
11.6.3 Albedometer
11.6.4 Sunshine Duration Sensor
11.6.5 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 Solar Measuring Device Market Size Forecast by Applications
11.10.1 Photovoltaic (PV)
11.10.2 Meteorological Monitoring
11.10.3 Agricultural
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 Solar Measuring Device Analysis and Forecast
12.1 Introduction
12.2 Latin America Solar Measuring Device 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 Solar Measuring Device Market Size Forecast by Type
12.6.1 Pyranometer
12.6.2 UV Radiometer
12.6.3 Albedometer
12.6.4 Sunshine Duration Sensor
12.6.5 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 Solar Measuring Device Market Size Forecast by Applications
12.10.1 Photovoltaic (PV)
12.10.2 Meteorological Monitoring
12.10.3 Agricultural
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) Solar Measuring Device Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Solar Measuring Device 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) Solar Measuring Device Market Size Forecast by Type
13.6.1 Pyranometer
13.6.2 UV Radiometer
13.6.3 Albedometer
13.6.4 Sunshine Duration Sensor
13.6.5 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) Solar Measuring Device Market Size Forecast by Applications
13.10.1 Photovoltaic (PV)
13.10.2 Meteorological Monitoring
13.10.3 Agricultural
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 Solar Measuring Device Market: Competitive Dashboard
14.2 Global Solar Measuring Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 StellarNet, Inc.
14.3.2 OTT HydroMet BV
14.3.3 Hach
14.3.4 PCE Holding Gmb
14.3.5 Delta-T Devices Ltd
14.3.6 Earth Sciences
14.3.7 Transcat, Inc.
14.3.8 Geonic
14.3.9 Sauermann Group
14.3.10 Sciencetech
14.3.11 GlobalSpec
14.3.12 Seaward Electronics Ltd.
14.3.13 Jinzhou Tianuo environmental energy Instrument Co., LTD
14.3.14 Jingzhiyang Technology Co., LTD
14.3.15 Zolix
14.3.16 Beijing RETEC New Energy Technology Co., Ltd
