The
Solar Panel Recycling Management Market trends are analyzed from recent past
with an eye on coming years in this report that also offers projections for
Solar Panel Recycling Management industry targeted at helping in business
decisions.
A paradigm shift from conventional energy
sources to alternative energy sources will stimulate solar panel recycling
management market dynamics in the years to come. The global craving for greener
energy clubbed with rising volume of decommissioned PV panels will spur solar
panel recycling management industry. Aided by a stringent regulatory framework
to encourage the adoption of renewable sources, solar energy is at the
forefront when it comes to the implementation of clean energy programs. Solar
panel recycling management market, having had USD 20 million in 2015, is
projected to record a whooping annual growth rate of 35% over the period
2016-2024.
Monocrystalline,
polycrystalline, and thin film PV cells are the basic three products used in
solar panel recycling process. Polycrystalline cells are gaining prominence in
response to their high efficiency and better battery storage properties. It is
estimated that polycrystalline cell solar panel recycling management industry
will exceed a revenue of USD 220 million by 2024. This product usage is
prevalent in mechanically processed solar panel recycling management industry.
Thin film PV cells market is slated to hit a striking double-digit annual
growth rate of 40% over 2016-2024, owing to the product adoption in solar panel
reprocessing.
Based
on the process by which solar panels are recycled, the market is bifurcated
into the thermal, laser, and mechanical process. Mechanically processed solar
panel recycling management industry, which is witnessing wide adoption globally,
will record a revenue of more than 300 million over the next seven years.
Market share from laser technology will also have strong growth prospects, with
a projected annual growth rate of 45% over 2016-2024.
Geographically,
Germany is expected to be one of the prominent regions driving the overall
market in terms of growth forefront. Rising PV panels installation along with a
strong inclination for alternate energy sources are the vital factors driving
the regional demand. Germany solar panel recycling industry is estimated to
cross over USD 24 billion by 2024.
Japan
and China will be the major revenue pockets for APAC solar panel recycling
management market. Japan market is forecast to grow at a CAGR of 30% over the
period 2016-2024. China solar panel recycling management industry will exceed a
revenue of USD 50 billion over the coming seven years.
Driven
by the bulk amount of decommissioned PV panels present in the region (which
needs immediate recycling), it is anticipated that Chile solar panel recycling
management market will grow lucratively at an annual rate of 40% over the
forecast span. U.S. industry will also experience steady gains owing to the
increasing acceptance of PV panels.
Key
players of the market include ECS Refining, Envaris, REMA PV Systems, and Eiki
Shoji Ltd.
Browse key industry insights spread across 185
pages with 253 market data tables & 10 figures & charts from this
report Solar Panel
Recycling Management Market in
detail along with the table of contents at:
Chapter 3 Solar Panel Recycling Management Industry Insights
3.1 Industry
segmentation
3.2 Industry size
& forecast, 2013 – 2024
3.3 Industry ecosystem
analysis
3.3.1 Vendor matrix
3.4 Technology &
innovation landscape
3.5 Regulatory
landscape
3.5.1 U.S.
3.5.2 China
3.6 Industry impact
forces
3.6.1 Growth drivers
3.6.1.1 Increasing adoption
of solar panels
3.6.1.2 Government regulations
3.6.1.3 Effective disposal
of solar panels
3.6.1.4 Untapped potential
3.6.2 Industry
pitfalls & challenges
3.6.2.1 Expensive technology
3.7 Growth potential
analysis
3.8 Porter’s analysis
3.9 Competitive
landscape, 2015
3.9.1
Strategy dashboard
3.10 PESTEL analysis
This
latest Solar Panel Recycling Management
Market research report offers in-depth analysis, key industry insights,
market sizing & forecast on a granular level for key products, applications
across number of regional markets. The report also analyzes the Solar Panel Recycling Management industry
from business strategy perspective, describing in detail growth drivers,
pitfalls &challenges for participants, accompanied by a detailed
competitive benchmarking including company market share analysis and detailed
business profiles.
Reasons to Buy This Report
·
Global
Solar Panel Recycling Management Market
size & forecast by product & application.
·
Growth
drivers, pitfalls & industry challenges.
·
Key
Solar Panel Recycling Management Market
growth opportunities & emerging business models.
·
Competitive
benchmarking with market share analysis and company profiles.
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