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Monday, June 28, 2021

Global Solar Panel Cleaning Market is expected to grow steadily at CAGR of 11% in the Forecast Period of 2021-2026

 The new report by Expert Market Research titled, ‘‘Global Solar Panel Cleaning Market” Report and Forecast 2021-2026’, gives an in-depth analysis of the global solar panel cleaning market, assessing the market based on its segments like technology, process, operation, application and major regions like North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

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The key highlights of the report include:

Market Overview (2021-2026)

  • Forecast CAGR (2021-2026): 11 %

The rising deployment of solar photovoltaics around the world is driving the solar panel cleaning sector. The growing awareness of the need of sustainable and clean energy has resulted in an increase in the installation of solar panels, which is moving the industry forward. Furthermore, government laws for the environment are becoming more stringent in terms of electricity generation, with government regulations and laws favouring the use of solar energy. This is intended to help the solar panel cleaning sector develop. Growing technological breakthroughs have reduced the overall cost of solar panels, adding additional fuel to the solar panel cleaning industry’s expansion.

Industry Definition and Major Segments

Solar panel cleaning is the process of eliminating accumulated dirt from the surface of solar panels, such as dust, bird droppings, and wildfire ashes. The cleaning enhances photovoltaic power conversion ability, which has declined due to obstruction caused by undesired elements on the panel surface.

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Based on technology, the market is bifurcated into:

  • Wet Cleaning
  • Dry Cleaning

Based on process, the market is categorised into:

  • Water Based
  • Electrostatic System
  • Robotic
  • Others

Based on operation, the market is segmented into:

  • Manual
  • Automatic

Based on application, the market is divided into:

  • Residential
  • Commercial
  • Industrial

The regional markets for global solar panel cleaning:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 Market Trends

The frequent sunny weather and the hotter environment in much of the Asia Pacific area encourages solar power generation, which is boosting the expansion of the solar panel cleaning sector. The region’s enormous population, which is rapidly rising in growing economies like as India and China, is contributing to a solid demand for energy and power consumption, which is propelling the solar power and solar panel cleaning industries forward. The region’s fast industrialization is fueling the rise of the solar power industry, which is driving up demand for solar panel cleaning.

The market in North America is also predicted to grow rapidly in the forecast years, owing to favourable tax incentives for solar panels and widespread adoption of solar power in the residential and commercial sectors. The increased awareness of the importance of renewable energy in the region is also expected to fuel the solar panel cleaning business.

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Key Market Players

The major players in the market are Premier Solar Cleaning, LLC, Kashgar Solbright photovoltaic Technology Co. Ltd, Integra Global Co. Ltd, Pacific Panel Cleaners LLC, Clean Solar Solutions Ltd, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

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