Solar Panel Cleaning Market: Current Analysis and Forecast (2021-2027)

Solar Panel Cleaning Market: Current Analysis and Forecast (2021-2027)

The global solar panel cleaning market is expected to register a CAGR of around 9% throughout 2022-2028. The global solar panel market is uplifting on account of the rising solar PV installation trends along with decreasing overall unit costs. Moreover, the growing focus on panel efficiency optimization followed by increasing renewable integration across the global energy mix will positively stimulate the industry landscape. Also, the government across countries has encouraged the use of solar energy, which has resulted in a surge in solar panels and cleaning, which will fuel the solar panel cleaning industry. The installation of solar panels worldwide grew at a substantial rate of nearly 70% from 2015 to 2020 and the 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 rooftop market is likely to grow at an influential rate during the forecast period. The need for solar panel cleaning will be boosted by increased awareness about the use of clean energy and protection of natural resources and the adoption of solar energy by many businesses. In addition, the market will rise due to increased large-scale solar installations across numerous coastal and agricultural regions with heavy dust and soil deposition.

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. are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report
"Amongst technology, wet cleaning category held a prominent share in the market in 2020”

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 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 rising. 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. In addition, the accessibility of organic chemicals as a substitute for water-based cleaning techniques will complement the product adoption.

Also, end-users are focusing on increasing their power generation capacity in areas where there are higher chances of soiling losses. This type of loss happens when dirt and dust accumulate on the solar panels that scatter light rays, ultimately leading to the loss of solar energy. There are several chemicals and solutions available in the market that specialize in cleaning solar panels, augmenting the demand for wet cleaning.
"Amongst process, semi-automated category held a prominent share in the market in 2020”

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. This form of solar panel cleaning system has a wider range of applications across commercial and residential spaces and has beneficial features for end-users like flexible cleaning requirements, greater compatibility with a tracking system, and lower upfront cost on setting up.

However, Manual solar panel cleaning operations will find increased demand among consumers across the residential sector in North America. People living in residential complexes are becoming aware of the harmful effects of non-renewable energy sources on nature. Therefore, they are increasingly adopting solar panels as an eco-friendly alternative to other conventional sources of electricity generation. They are increasing their focus on smart infrastructure as well to ensure efficient operation of solar panels, propelling the development of the industry.
"Amongst application, industrial & utility is expected to witness a prominent CAGR during the forecast period”

Based on application, the solar panel cleaning market is classified into residential, commercial, and industrial & utility. The industrial & utility segment caters to a considerable share of the solar panel cleaning market and is expected to witness significant growth during the forecasted period. Moreover, the industrial sector is also growing at a significant rate and is expected to witness soaring growth in the forecasted period as well. It is mainly owing to the factors such as government across the emerging economies has encouraged the production of energy from Solar Panel Cleaning which reduces the carbon emission and waste from different areas like forests and agriculture.
"APAC to witness significant growth during the forecast period”

APAC solar panel cleaning market is expected to witness a prominent CAGR during the forecast period. The growth of this market can be attributed to the growing industrialization, urbanization, and population in the region. Economic growth is rising power demand in the region which results in more electricity supplies and the Paris act and other environmental policies lead to increasing investments in renewable power and infrastructure, which is further contributing to the solar panel cleaning market. Additionally, the declining price of solar panels is also increasing investments in the field. According to IRENA, the number of solar PVs in Asia was 280 in 2018 which is expected to grow to 1,860 in 2030 and 4,837 in 2050. The highest number of Solar PVs are expected to be installed in Asia in the upcoming years which in turn is propelling the growth of the Asia-Pacific solar panel cleaning market across the region.

Also, government subsidies and supporting government policies regarding clean energy are driving the market to grow in the region. Moreover, with the increasing population in the region requirement for clean fuel power generation along with people adopting solar panels in their residences would help the region to maintain its position during the forecast period.

Reasons to buy this report:

• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.