Global Solar Panel Cleaning Market is expected to foresee...

Global Solar Panel Cleaning Market is expected to foresee significant growth. APAC to lead the growth!

Posted 2023-02-15 16:49:31

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Global solar panel cleaning market is expected to register a CAGR of around 9% over the period of 2022-2028. This is mainly due to the favorable and supporting government policies, rising adoption of clean fuel/energy among population. Further, subsidies provided by government and easy grants of soft loans along with decreasing cost of solar panels and storage batteries are the major market drivers. For instance, the installation of solar panels worldwide grew at a substantial rate of nearly 70% from 2015 to 2020 and average cost of solar panels reduced to 0.38 USD per Watt in 2019, compared to 2.04 USD per Watt in 2010. Therefore, the solar panel cleaning market is likely to grow at an influential rate during the forecast period.

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Based on technology, the solar panel cleaning market is bifurcated into wet cleaning and dry cleaning. The wet technology segment grabbed the major market share and dominated the market in 2020. Higher efficiency, easy accessibility, and lower cost are some of the prime factors due to which the share of this segment is on the rise. Also, high efficiency toward cleaning panel surfaces and wide applicability & feasibility across high soiling conditions is contributing to the higher market growth of this segment.

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Based on process, the solar panel cleaning market is segmented into semi-automated, automated, water brushes, electrostatic, automated robotic, and others. Semi-automated segment catered to extensive share in the market. One of the major reasons for the growth of the semi-automated solar systems is the supportive policies introduced by the governments like feed-in tariffs, subsidies, and many others. These plans will encourage the production of solar energy to reduce the carbon emission rates of industries in emerging economies.

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For a better understanding of the market adoption of solar panel cleaning the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, France, United Kingdom, Italy, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, Rest of APAC), Rest of the World. The Asia Pacific acquired an extensive market share in the solar panel cleaning market and is expected to grow at an extensive rate mainly owing to the growing industrialization, urbanization, and population coupled with increasing investments in renewable power and infrastructure, which is further contributing to the solar panel cleaning market in the region.

Some of the major players operating in the solar panel cleaning market are Boson Robotics Ltd., Ecoppia, Karcher, Kashgar Solbright, Photovoltaic Technology Co., Ltd., NOMADD, Premier Solar Cleaning, LLC, Saint-Gobain Surface Conditioning, Serbot AG, Sharp Corporation, SunBrush mobil GmbH.

Global Solar Panel Cleaning Market Segmentation

Market Insight, by Technology

• Wet Cleaning

• Dry Cleaning

Market Insight, by Process

· Semi-Automated

· Automated

· Water Brushes

· Electrostatic

· Automated Robotic

· Others

Market Insight, by Application