The solar panel recycling market is anticipated to witness considerable growth during the forecast period. This is attributed to factors such as the rise in demand for solar photovoltaic panels from residential, commercial, and industrial applications. In addition, an increase in government activities toward the production of solar energy across the globe fuels the growth of the market. However, the lack of solar panel recycling infrastructure and problems associated with recycling are restraining the growth of the market globally. Conversely, rapid growth and investment in the solar energy industry in economies such as China, Japan, India, and South Korea are anticipated to provide potential solar panel recycling market opportunities in the upcoming years.
The solar panel recycling market size was valued at $139.7
million in 2020 and is projected to reach $478.6 million by 2030, growing at a
CAGR of 13.1% from 2021 to 2030.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐
๐๐๐ฌ๐๐๐ซ๐๐ก
๐๐๐ฉ๐จ๐ซ๐ญ
๐๐๐ฆ๐ฉ๐ฅ๐
& ๐๐๐: https://www.alliedmarketresearch.com/request-sample/14606
The solar panels at the end of life are collected and
recycled by solar panel recycling companies or solar panel manufacturers. The
solar panel recycling industry is at a developing stage, but with the rapid
growth of the solar power market, there is a rise in demand for solar panel
recycling in the coming years. There are various methods of solar panel
recycling including thermal, mechanical, and laser. In Europe, the solar panel
recycling market is more advanced than in other regions including Asia-Pacific,
LAMEA, and North America. This is owing to regulatory measures and policies
adopted by the European region in the recycling of solar panels.
The rapid growth of the solar energy industry is expected to
drive the growth of the market during the forecast period. In addition, an
increase in installations of solar panels in various applications including
power generation, transportation, water heating, and others is further
anticipated to fuel the growth of the solar panel recycling market during the
analyzed time frame. Moreover, favorable government measures including
incentives have also been introduced to promote the adoption of various solar
energy technologies such as crystalline silicon and thin film. For instance, in
2019, the U.S. government introduced solar tax credit with an objective to
reduce the cost of installing a solar energy system by 30.0%. In addition,
declining prices, improvements in conversion efficiencies, and growing efforts
toward advancements in solar panels are projected to propel the growth of the
solar energy industry which in turn is projected to drive the market from 2021
to 2030.
Depending on the process, the thermal segment held the
highest market share of about 68.9% in 2020 and is expected to maintain its
dominance during the solar panel recycling market forecast period. This is
owing to benefits associated with thermal process in solar panel recycling
which recovers more than 84.0% of solar panels weight and can also recycle up
to 98.0% unbroken cells depending on the conditions of the solar modules and
the thickness of the solar cells. In addition, the rapid growth of the solar
panel sector is expected to drive the remarkable growth of the market during
the forecast period.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐
๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ
๐ฐ๐ข๐ญ๐ก
๐ฒ๐จ๐ฎ’๐ซ๐
๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-for-customization/14606
On the basis of type, the crystalline silicon segment holds
the largest share, in terms of revenue, and is expected to maintain its
dominance during the forecast period. This growth is attributed to a rise in
demand for crystalline silicon in standalone PV systems such as solar street
light lamps and telecommunication & signaling towers where solar panels are
used to charge batteries.
In addition, an increase in government initiatives for the
adoption of solar energy is expected to drive demand for crystalline silicon
type which in turn is anticipated to fuel the solar panel recycling market
growth from 2021 to 2030.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐
๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
The Solar Panel Recycling industry's key market players
adopt various strategies such as product launches, product development,
collaboration, partnership, and agreements to influence the market. It includes
details about the key players in the market's strengths, product portfolio, market
size and share analysis, operational results, and market positioning.
๐๐จ๐ฆ๐ ๐จ๐
๐ญ๐ก๐
๐ฆ๐๐ฃ๐จ๐ซ
๐ค๐๐ฒ
๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ
๐ข๐ง
๐ญ๐ก๐
๐ ๐ฅ๐จ๐๐๐ฅ
๐๐จ๐ฅ๐๐ซ
๐๐๐ง๐๐ฅ
๐๐๐๐ฒ๐๐ฅ๐ข๐ง๐
๐ฆ๐๐ซ๐ค๐๐ญ
๐ข๐ง๐๐ฅ๐ฎ๐๐,
ENVARIS GMBH
TRINA SOLAR
HANWHA GROUP
SILREC CORPORATION
REILING GMBH & CO. KG
CANADIAN SOLAR
AURUBIS AG
SUNPOWER CORPORATION
FIRST SOLAR
ECHO ENVIRONMENTAL, LLC
On the basis of region, the market is analyzed across four
major regions such as North America, Europe, Asia-Pacific, and LAMEA. Europe
garnered the dominant share in 2020 and is anticipated to maintain this
dominance in the solar panel recycling market trend during the forecast period.
This is attributed to the presence of key players and a huge consumer base in
the region.
In addition, the demand for solar panel installation has
increased significantly across the UK, Germany, Spain, and Italy owing to a
surge in demand for distributed energy systems in the region which in turn is
anticipated to drive the growth of the solar panel recycling market in the
European from 2021 to 2030.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ
๐๐๐๐จ๐ซ๐
๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/14606
๐๐๐ฒ ๐
๐ข๐ง๐๐ข๐ง๐ ๐ฌ
๐๐
๐๐ก๐
๐๐ญ๐ฎ๐๐ฒ:
- In 2020, the thermal segment accounted for about 68.9% of
the share in the global solar panel recycling market and is expected to
maintain its dominance till the end of the forecast period.
- In 2020, the mechanical segment accounted for 23.9% solar panel recycling
market share in the year 2020, and is anticipated to grow at a rate of 13.4% in
terms of revenue, increasing its share in the global market.
- Thin film is the fastest-growing type segment in the global solar panel
recycling market, expected to grow at a CAGR of 14.6% during 2021–2030.
- Europe is expected to grow at the fastest rate, registering a CAGR of 13.7%,
throughout the forecast period.
- In 2020, Europe dominated the global solar panel recycling market with more
than 43.2% of the share, in terms of revenue.
๐๐ซ๐๐ง๐๐ข๐ง๐
๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ
๐ข๐ง
๐ญ๐ก๐
๐๐ง๐๐ซ๐ ๐ฒ
๐๐ง๐
๐๐จ๐ฐ๐๐ซ
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
๐. ๐๐ซ๐๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐๐ญ๐ข๐จ๐ง
๐๐๐ญ๐ญ๐๐ซ๐ฒ
๐๐๐๐ฒ๐๐ฅ๐ข๐ง๐
๐๐๐ซ๐ค๐๐ญ
- https://www.globenewswire.com/news-release/2022/08/11/2497247/0/en/Transportation-Battery-Recycling-Market-to-Generate-9-95-Billion-by-2030-Allied-Market-Research.html
๐. ๐๐๐ญ๐ญ๐๐ซ๐ฒ
๐๐๐๐ฒ๐๐ฅ๐ข๐ง๐
๐๐๐ซ๐ค๐๐ญ
- https://www.globenewswire.com/news-release/2022/03/22/2407493/0/en/Battery-Recycling-Market-to-Generate-66-6-Billion-by-2030-Allied-Market-Research.html
๐. ๐๐ฎ๐๐ฅ๐๐๐ซ
๐๐๐ฌ๐ญ๐
๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ
๐๐๐ซ๐ค๐๐ญ
- https://www.prnewswire.com/news-releases/nuclear-waste-management-market-to-reach-5-7-billion-globally-by-2032-at-1-9-cagr-allied-market-research-301892802.html
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Allied Market Research is a top provider of market
intelligence that offers reports from leading technology publishers. Our
in-depth market assessments in our research reports take into account
significant technological advancements in the sector. In addition to other
areas of expertise, AMR focuses on the analysis of high-tech systems and
advanced production systems. We have a team of experts who compile thorough
research reports and actively advise leading businesses to enhance their
current procedures. Our experts have a wealth of knowledge on the topics they
cover. Also, they use a variety of tools and techniques when gathering and
analyzing data, including patented data sources.
No comments:
Post a Comment