Market Overview:
The global sunlight simulator 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 batteries and rising investments in scientific research. By type, the AAA class segment is expected to lead the market during the forecast period, owing to its high efficiency and low cost. By application, the solar battery production segment is projected to lead the market during the forecast period, as it offers high efficiency and low cost as compared with other applications. In terms of region, North America is estimated to account for a major share ofthe global sunlight simulatormarket in 2018 followed by Europeand Asia Pacific.
Product Definition:
Sunlight Simulator is an equipment used to produce artificial sunlight. It is used to study the effects of sunlight on a particular object or material.
AAA Class:
The American Association of Advertising Agencies (4A's) was established in the year 1938. It is a non-profit, self-regulatory body that represents the diverse interests of its members in advertising and marketing. The association has over 200 individual chapters across North America which are involved in formulating and implementing policies related to advertising practices, standards, and regulations for their member companies.
ABA Class:
ABA Class is a method to control the diffusion of light in a controlled manner. It can be used in sunlight simulators for creating various patterns and designs on any surface. The ABA class rating is based on the average transmittance of light through a transparent material per unit area along with its thickness. The higher the ABA class rating, the more efficient and effective will be its usage for creating designs or patterns on any surface by using sunlight as an energy source.
Application Insights:
The scientific research segment dominated the global market in 2017. The growth can be attributed to increasing government funding for solar energy projects across various regions. For instance, the joint China-US project of building a huge solar farm in Nevada is expected to cost around USD 1 billion and will produce electricity equivalent to that supplied by around 100 million US conventional bulbs. Such initiatives are likely to boost product demand over the forecast period.
The production of batteries using simulated sunlight has become possible with the development of high efficiency LEDs and efficient power conversion techniques used in photovoltaic panels and concentrators installed on solar farms respectively.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth can be attributed to the presence of a large number of manufacturers and research organizations involved in developing AAA class solar light simulators. In addition, increasing R&D investments by industry players coupled with technological advancements is expected to fuel demand for these devices over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising government initiatives for using alternative sources of energy such as solar energy for lighting purposes along with growing awareness among end-users regarding its benefits. Moreover, increasing adoption rate of LED lighting across commercial establishments will further propel regional product demand during the forecast period.
Growth Factors:
- Increasing demand for sunlight simulators in the medical sector for phototherapy and skin cancer treatment
- Growing awareness about the benefits of using sunlight simulators for skin health
- Rising demand from emerging markets such as China and India
- Technological advancements that have led to the development of new and more efficient sunlight simulator products
- Increasing use of sunlight simulators in research and development applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Sunlight Simulators Market Research Report
By Type
AAA Class, ABA Class, Others
By Application
Solar Battery Production, Scientific Research
By Companies
Newport, Gsolar, OAI, Shanghai Hi-Show, Atonometrics, Photo Emission Tech, Solar Light, Spectrolab, IWASAKI ELECTRIC, Sciencetech, Newport, Yamashita Denso, San-Ei Electric, Peccell Technologies, Wacom Electric, Zolix
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Sunlight Simulators Market Report Segments:
The global Sunlight Simulators market is segmented on the basis of:
Types
AAA Class, ABA Class, 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
Solar Battery Production, Scientific Research
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:
- Newport
- Gsolar
- OAI
- Shanghai Hi-Show
- Atonometrics
- Photo Emission Tech
- Solar Light
- Spectrolab
- IWASAKI ELECTRIC
- Sciencetech
- Newport
- Yamashita Denso
- San-Ei Electric
- Peccell Technologies
- Wacom Electric
- Zolix
Highlights of The Sunlight Simulators 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:
- AAA Class
- ABA Class
- Others
- By Application:
- Solar Battery Production
- Scientific Research
- 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 Sunlight Simulators 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?
Sunlight simulators are devices that help people understand how the sun's light affects their skin.
Some of the major companies in the sunlight simulators market are Newport, Gsolar, OAI, Shanghai Hi-Show, Atonometrics, Photo Emission Tech, Solar Light, Spectrolab, IWASAKI ELECTRIC, Sciencetech, Newport, Yamashita Denso, San-Ei Electric, Peccell Technologies, Wacom Electric, Zolix.
The sunlight simulators 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 Sunlight Simulators 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 Sunlight Simulators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sunlight Simulators 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 Sunlight Simulators 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 Sunlight Simulators Market Size & Forecast, 2018-2028
4.5.1 Sunlight Simulators Market Size and Y-o-Y Growth
4.5.2 Sunlight Simulators Market Absolute $ Opportunity
Chapter 5 Global Sunlight Simulators 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 Sunlight Simulators Market Size Forecast by Type
5.2.1 AAA Class
5.2.2 ABA Class
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sunlight Simulators 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 Sunlight Simulators Market Size Forecast by Applications
6.2.1 Solar Battery Production
6.2.2 Scientific Research
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sunlight Simulators 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 Sunlight Simulators 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 Sunlight Simulators Analysis and Forecast
9.1 Introduction
9.2 North America Sunlight Simulators 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 Sunlight Simulators Market Size Forecast by Type
9.6.1 AAA Class
9.6.2 ABA Class
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 Sunlight Simulators Market Size Forecast by Applications
9.10.1 Solar Battery Production
9.10.2 Scientific Research
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 Sunlight Simulators Analysis and Forecast
10.1 Introduction
10.2 Europe Sunlight Simulators 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 Sunlight Simulators Market Size Forecast by Type
10.6.1 AAA Class
10.6.2 ABA Class
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 Sunlight Simulators Market Size Forecast by Applications
10.10.1 Solar Battery Production
10.10.2 Scientific Research
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 Sunlight Simulators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sunlight Simulators 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 Sunlight Simulators Market Size Forecast by Type
11.6.1 AAA Class
11.6.2 ABA Class
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 Sunlight Simulators Market Size Forecast by Applications
11.10.1 Solar Battery Production
11.10.2 Scientific Research
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 Sunlight Simulators Analysis and Forecast
12.1 Introduction
12.2 Latin America Sunlight Simulators 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 Sunlight Simulators Market Size Forecast by Type
12.6.1 AAA Class
12.6.2 ABA Class
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 Sunlight Simulators Market Size Forecast by Applications
12.10.1 Solar Battery Production
12.10.2 Scientific Research
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) Sunlight Simulators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sunlight Simulators 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) Sunlight Simulators Market Size Forecast by Type
13.6.1 AAA Class
13.6.2 ABA Class
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) Sunlight Simulators Market Size Forecast by Applications
13.10.1 Solar Battery Production
13.10.2 Scientific Research
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 Sunlight Simulators Market: Competitive Dashboard
14.2 Global Sunlight Simulators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Newport
14.3.2 Gsolar
14.3.3 OAI
14.3.4 Shanghai Hi-Show
14.3.5 Atonometrics
14.3.6 Photo Emission Tech
14.3.7 Solar Light
14.3.8 Spectrolab
14.3.9 IWASAKI ELECTRIC
14.3.10 Sciencetech
14.3.11 Newport
14.3.12 Yamashita Denso
14.3.13 San-Ei Electric
14.3.14 Peccell Technologies
14.3.15 Wacom Electric
14.3.16 Zolix
