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Global Solar Radiation Measurement Solutions Market Report – Segmentation by Type (Portable, Stationary, Multi-function); By Application (Meteorological detection, Solar energy detection, Water detection, Data collection, Wind energy detection, Others); and Region - Size, Share, Growth Analysis | Forecast (2023 – 2030)

Solar Radiation Measurement Solutions Market Size (2023-2030)

The Global Solar Radiation Measurement Solutions Market was estimated to be worth USD 2 Billion in 2022 and is projected to reach a value of USD 3.31 Billion by 2030, growing at a steady CAGR of 6.5% during the outlook period 2023-2030.

solar radiation measurement solutions market

 The method of measuring the quantity of solar radiation that reaches the surface of the Earth is known as solar radiation measurement. The management of water resources, solar energy system optimization, weather forecasting, climate monitoring, agriculture, power generation, and telecommunications are just a few of the applications that might benefit from this assessment. Meteorological detection, solar energy detection, water detection, data collection, wind energy detection, and other uses are among the numerous. Portable, fixed, and multi-function solutions are among the numerous types of solutions. A variety of factors, such as geographic location, day of the week, season, local weather, and local terrain, affect the quantity and quality of solar radiation. Measuring solar radiation is critical for a range of purposes, such as analyzing the Earth's temperature, developing solar energy systems, and monitoring environmental changes.

Global Solar Radiation Measurement Solutions Market Driver

The increasing demand for solar radiation measurement solutions is attributed to the rising environmental consciousness:

There is a growing need for solutions that can help mitigate the consequences of climate change and air pollution on the environment. Solar radiation monitoring systems can play an important role in this regard by giving precise and trustworthy information on the amount of solar radiation reaching the Earth's surface. This data might be used to check how air pollution and climate change impact solar radiation, which could aid in environmental protection and mitigation efforts. Solutions for measuring solar radiation may be used to track how climate change affects solar radiation, which can be used to pinpoint locations that require climate change mitigation.

The market for solar radiation measuring solutions is driven by device technological improvements:

Developments in detectors, software, communication technologies, and solar radiation dimension systems are enough much more precise, secure, and user-friendly. solar radiation measures and analysis are getting more accurate and effective. One of the most significant technological advances in sun radiation monitoring bias is the development of advanced detectors. Indeed, under adverse settings, these detectors can directly and precisely detect solar radiation. Another is the development of software tools that can instantly analyze and get solar radiation data. These software programs can give precious insights into how solar energy systems, similar to solar thermal and solar panel systems, operate.

SOLAR RADIATION MEASUREMENT SOLUTIONS MARKET

Global Solar Radiation Measurement Solutions Market Challenges:

The market for solar radiation monitoring technologies has a considerable challenge due to the influence of environmental conditions:

Numerous environmental conditions, including clouds, aerosols, dust, humidity, temperature, and precipitation, can have an impact on solar radiation measurements. These elements may result in measurement or analysis mistakes or uncertainties that may compromise the accuracy and dependability of solar radiation data. Clouds are challenging to model and quantify because they can vary in kind, thickness, height, and coverage. Dust, smoke, pollen, and other microscopic particles floating in the air are examples of aerosols. Aerosols can reflect or block solar light. Particularly in the infrared and ultraviolet wavelength ranges, humidity can have an impact on the absorption and scattering of solar energy.  The air's density and pressure are influenced by temperature, and these factors also have an impact on the refractive index and Rayleigh scattering of solar light. water that falls from the sky to the earth is called precipitation, and examples include rain, snow, hail, and sleet. Due to their ability to alter the quantity and quality of solar radiation that reaches the Earth's surface or atmosphere, environmental variables can have a substantial influence on solar radiation measurement.

COVID-19 Impact on Global Solar Radiation Measurement Solutions Market:

The global market for solar radiation monitoring systems has had contradictory effects as a result of the COVID-19 epidemic.  The epidemic has caused supply chain interruptions, decreased demand for solar energy systems, and project timetable delays, all of which have hurt the industry. On the other side, it has also brought a greater emphasis on sustainability and renewable energy, which has opened up new business prospects. The pandemic's impact on supply chains has caused delays in the delivery of solar radiation monitoring solutions, limiting the market's growth. However, the pandemic has heightened interest in sustainability and renewable energy. Additionally, the pandemic has raised interest in remote administration and monitoring of solar energy installations, opening up new business potential for suppliers of solar radiation measuring equipment. The requirement for on-site visits and maintenance may be reduced with the use of remote monitoring technologies, lowering the danger of virus infection.

SOLAR RADIATION MEASUREMENT SOLUTIONS MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2022 - 2030

Base Year

2022

Forecast Period

2023 - 2030

CAGR

6.5%

Segments Covered

By Type, Application,  and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regional Scope

North America, Europe, APAC, Latin America, Middle East & Africa

Key Companies Profiled

Kipp & Zonen, Hukseflux, Apogee Instruments, EKO Instruments, Delta-T Devices, Campbell Scientific, Eppley Laboratory, Solar Light Company, Skye Instruments, Biral

Global Solar Radiation Measurement Solutions Market Segmentation:

Global Solar Radiation Measurement Solutions Market Segmentation: By Type

  • Portable
  • Stationary
  • Multi-function

Due to the rising need for portable solutions across several industries, including agriculture, meteorology, and renewable energy, the portable segment is anticipated to develop more quickly. Portable solar radiation monitoring equipment is convenient to use and move between locations. For field measurements and research, they are lightweight and compact. Handheld meters, pyranometers, pyrheliometers, and radiometers are all included in this part. They are useful for momentary or transient measures, such as surveys, tests, or educational purposes. Although they may be less precise and robust than stationary equipment, they are also more affordable and practical.

With the growing need for solar energy, the stationary sector is anticipated to continue being the most prominent one. Continual monitoring of solar radiation is provided by stationary solar radiation measuring systems, which are made to be deployed in a fixed area. These solutions are utilized in solar power plants, weather stations, and other applications that require constant monitoring. The measuring of solar radiation by permanent or mounted objects, such as towers, masts, or roofs, is covered in this section. These tools are useful for continuous or long-term measurements in places like monitoring stations, research centers, and solar power plants. While they may be more precise and long-lasting than portable devices, they are also more costly and require more upkeep and calibration.

 Multi-function solar radiation measurement solutions are designed to provide multiple functions, such as measuring solar radiation, temperature, humidity, and other environmental factors. These solutions are typically used in research applications and are likely to grow at a moderate rate due to their specialized nature.

Global Solar Radiation Measurement Solutions Market Segmentation: By Application

  • Meteorological detection
  • Solar energy detection
  • Water detection
  • Data collection
  • Wind energy detection
  • Others

The market for sun radiation measuring systems is dominated by the meteorological detection segment. This is because there is a growing need for precise weather forecasting and climate monitoring, both of which depend on accurate measurements of solar energy. The use of solar radiation measuring techniques for meteorological endeavors like weather prediction, climate modeling, or atmospheric study is covered in this section. The measurement of solar radiation can provide important details about the solar radiation resource and its fluctuation, which can have an impact on a variety of meteorological processes and occurrences.

The market for solar radiation measuring systems' solar energy detection sector is expanding at the quickest rate. This is a result of the rise in solar energy demand and the requirement for precise solar radiation monitoring to maximize the efficiency of solar energy systems. The use of solar radiation measuring tools for solar energy applications, such as site assessment, system design, performance evaluation, or quality control, is covered in this part. The potential and performance of solar energy systems, such as photovoltaic (PV) or concentrating solar power (CSP) systems, may be greatly improved by measuring sun radiation.

The water detection segment uses solar radiation measurement solutions for water-related purposes. The data collection segment uses them for data collection purposes. The wind energy detection segment uses them for wind energy purposes. The other segment uses them for other purposes that are not in the previous segments.

Global Solar Radiation Measurement Solutions Market Segmentation: By Region

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

In terms of solar radiation measuring solutions, North America has the top position. This is because more people are utilizing solar energy systems and because there are significant suppliers of solar radiation monitoring technologies in the area. This is because there are many solar radiation measuring stations in the North American region, and these stations give reliable data for a variety of uses, including meteorological detection, solar energy detection, and climate research. The market for solar radiation measuring solutions is expanding at the quickest rate in Asia-Pacific. This is a result of the growing use of solar energy systems, the demand for precise solar radiation measurement, and the development of renewable energy sources, all of which necessitate the use of superior and trustworthy solar radiation measurement solutions to maximize the effectiveness and performance of solar energy systems.

Key Players:

  1. Kipp & Zonen
  2. Hukseflux
  3. Apogee Instruments
  4. EKO Instruments
  5. 5. Delta-T Devices
  6. Campbell Scientific
  7. Eppley Laboratory
  8. Solar Light Company
  9. Skye Instruments
  10. Biral

Chapter 1. SOLAR RADIATION MEASUREMENT SOLUTIONS MARKET – Scope & Methodology

1.1. Market Segmentation

1.2. Assumptions

1.3. Research Methodology

1.4. Primary Sources

1.5. Secondary Sources

Chapter 2. SOLAR RADIATION MEASUREMENT SOLUTIONS MARKET – Executive Summary

2.1. Market Size & Forecast – (2023 – 2030) ($M/$Bn)

2.2. Key Trends & Insights

2.3. COVID-19 Impact Analysis

      2.3.1. Impact during 2023 – 2030

      2.3.2. Impact on Supply – Demand

Chapter 3. SOLAR RADIATION MEASUREMENT SOLUTIONS MARKET – Competition Scenario

3.1. Market Share Analysis

3.2. Product Benchmarking

3.3. Competitive Strategy & Development Scenario

3.4. Competitive Pricing Analysis

3.5. Supplier - Distributor Analysis

Chapter 4. SOLAR RADIATION MEASUREMENT SOLUTIONS MARKET - Entry Scenario

4.1. Case Studies – Start-up/Thriving Companies

4.2. Regulatory Scenario - By Region

4.3 Customer Analysis

4.4. Porter's Five Force Model

       4.4.1. Bargaining Power of Suppliers

       4.4.2. Bargaining Powers of Customers

       4.4.3. Threat of New Entrants

       4.4.4. Rivalry among Existing Players

       4.4.5. Threat of Substitutes

Chapter 5. SOLAR RADIATION MEASUREMENT SOLUTIONS MARKET - Landscape

5.1. Value Chain Analysis – Key Stakeholders Impact Analysis

5.2. Market Drivers

5.3. Market Restraints/Challenges

5.4. Market Opportunities

Chapter 6. SOLAR RADIATION MEASUREMENT SOLUTIONS MARKET– By Regime Type

6.1.  Portable

6.2. Stationary

6.3. Multi-function

Chapter 7. SOLAR RADIATION MEASUREMENT SOLUTIONS MARKET– By Application

7.1. Meteorological detection

7.2. Solar energy detection

7.3. Water detection

7.4. Data collection

7.5. Wind energy detection

7.6. Others

Chapter 8. SOLAR RADIATION MEASUREMENT SOLUTIONS MARKET – By Region

8.1. North America                           

8.2. Europe

8.3.The Asia Pacific

8.4.Latin America

8.5. Middle-East and Africa

Chapter 9. SOLAR RADIATION MEASUREMENT SOLUTIONS MARKET  – Company Profiles – (Overview, Product Portfolio, Financials, Developments)

9.1. Kipp & Zonen

9.2. Hukseflux

9.3. Apogee Instruments

9.4. EKO Instruments

9.5. Campbell Scientific

9.6. Eppley Laboratory

9.7. Solar Light Company

9.8. Skye Instruments

9.9. Biral

9.10. Delta-T Devices

 

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Frequently Asked Questions

The Global Solar Radiation Measurement Solutions Market was estimated to be worth USD 2 Billion in 2022 and is projected to reach a value of USD 3.31 Billion by 2030, growing at a steady CAGR of 6.5% during the outlook period 2023-2030.

 The method of measuring the quantity of solar radiation that reaches the surface of the Earth is known as solar radiation measurement.

The different types are portable, stationary, or multi-function, and can be used in various applications, including meteorology, climatology, agriculture, renewable energy, and others.

The fastest-growing segment in the solar radiation measurement solutions market is the solar energy detection segment.

The solar radiation measurement solutions market includes Kipp & Zonen, Hukseflux, Apogee Instruments, EKO Instruments, Delta-T Devices, Campbell Scientific, Eppley Laboratory, Solar Light Company, Skye Instruments, and Biral.

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