Global solar simulator market is expected to experience growth due to increasing investment in the production of advanced PV panels and rising government regulations to produce high-quality solar panels.
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Global solar simulator market is projected to witness a CAGR of 6.14% during the forecast period 2025-2032, growing from USD 0.39 billion in 2024 to USD 0.62 billion in 2032. The solar simulator market has experienced significant growth in recent years due to the rapid expansion of the solar photovoltaic (PV) industry and the upcoming advanced solar technologies is expected to maintain a strong pace of expansion in the coming years. The solar power generation industry is becoming more dominant in the market, with manufacturers and investors heavily investing in the development and deployment of high-efficiency solar panels in the market. The manufacture of efficient and advanced solar panels requires the standardized testing of solar modules in the production process which generates the market demand for solar simulators in the market. In addition, increasing quality control measures and regulations in the production and testing of the panels by governments and the international community lead to stringency in evaluating the product. The solar simulators help manufacturers attain standards and frameworks which drive its demand in the market.
Report Attribute |
Details |
Base Year of the Analysis |
2024 |
Forecast Period |
2025-2032F |
Historical Period |
2018-2023 |
Projected Growth Rate |
CAGR of 6.14% between 2025 and 2032 |
Revenue Forecast in 2032 |
USD 0.62 billion |
For instance, in May 2024, the Department of Energy has announced more than USD 70 million in research and development selections to develop modern technologies across the solar sector. The Silicon Solar Manufacturing and Dual-use Photovoltaics Incubator funding program will provide USD 27 million to ten selected projects, and the Advancing U.S. Thin-Film Solar Photovoltaics funding program will award USD 44 million to eight selected projects. This development highlights the rising investment in solar panel production that will increase the demand for the solar simulators in the market.
Furthermore, the solar simulator market is driven by strict quality control measures and regulatory standards imposed by governments and international organizations, which require intense testing and certification of domestic as well as export-oriented solar products. Additionally, the growing emphasis on renewable energy targets, decarbonization initiatives, and environmental sustainability is fueling investments in solar R&D, further expanding the application scope of solar simulators beyond traditional PV testing, such as in materials science, automotive, and aerospace industries. Technological advancements in simulator design, including the adoption of LED-based light sources, multi-spectral regulation, and AI-driven analytics, are enhancing the accuracy, efficiency, and versatility of these systems, creating opportunities for the market to grow in the coming years.
All industries are focusing on clean energy resources. The transition to renewable energy resources such as solar is creating demand for good-quality solar panels in the market. Manufacturers are changing the production method and investing in research for the development of innovative solar technologies, and next-generation solar photovoltaic cell developments such as perovskite, tandem, and bifacial products, thus propelling the demand for solar simulators in the market. Solar simulators are able to mimic various environmental conditions such as sunlight angles, sunlight intensities and spectral distributions. This is important for conducting testing on the latest high-performance modules which drive its demand in the market. Several companies are opening advanced production and research facilities for the solar panel manufacturing in the developing countries which will increase the demand for the solar simulators in the market.
For instance, in May 2025, SolarEdge Technologies, Inc. decided to open the R&D and Technology Center in Bengaluru, India marking a key step in expanding its footprint in India’s rapidly growing solar market. The newly inaugurated center is designed to facilitate advanced research, product development, and technical operations, enhancing companies' capabilities to meet the demands of India’s expanding photovoltaic (PV) sector. This development highlights the rising investment in solar panel research and production which drive the demand for solar simulators in the market.
Furthermore, the advanced solar panel technology demands highly precise, reproducible, and sophisticated testing environments which the production process. Solar simulations are becoming indispensable in the production process as devices evaluate PV panel performance, durability, and efficiency under controlled laboratory conditions, thus driving its demand in the market. Manufacturers are seeking to invest in the production of higher efficiency, innovative and reliable solar panels for the market, even making greater investments in the expansion of production capacity. In addition, governments and private enterprises alike are supporting innovation through funding and regulatory incentives, thus driving the need for solar simulators in the market.
Governments and regulatory bodies are coming up with stricter quality control protocols and regulations for the manufacturing of solar panels. Manufacturers in the solar panel manufacturing sector need to comply with the mentioned protocols for the panels to avoid any legal issues. To comply with elevated standards, manufacturers must conduct extensive and precise testing of the products to ensure that panels meet the required benchmarks before entering the market. Strict quality control protocols and government regulations are aimed at ensuring the reliability and performance of solar panels which are especially used in grid integration and export to other countries.
Solar simulator devices use the spectral and intensity characteristics of sunlight to create a controlled testing environment and to produce high-quality solar panels for the market. Several manufacturers are producing panels intending to export panels which adhere to international standards while meeting the destination country’s regulatory requirements which drives the demand for solar simulators in the market. The increased emphasis on certification, enforcement, and penalties for non-compliance further compels manufacturers, importers, and distributors to invest in advanced testing infrastructure thus creating the market opportunity for solar simulator in the market.
For instance, in May 2025, the Ministry of New and Renewable Energy (MNRE) issued updated guidelines for the classification and testing of solar modules, aimed at strengthening quality assurance in the sector. Under the new rules, designated laboratories will carry out testing based on revised standards. All solar modules must now be registered with the Bureau of Indian Standards (BIS) under the Solar Systems, Devices and Components Goods Order, 2025. This development highlights the rising regulation for testing solar panels will increase the demand for solar simulators in the market.
The surge in the use of LEDs technology in solar simulators market due to multiple technical and operational advantages over conventional arc and halogen lamps has resulted in a growing demand for LEDs technology. When compared to conventional arc and halogen lamps, LEDs technology is extremely energy efficient and cost-effective, which makes the segment dominate the market. LEDs technology uses less energy and thus less heat than conventional lamps therefore, the lower operational costs and less complex cooling systems all justify the growing demand in the market. Also, the unmatched spectral tunability of LEDs technology provides an unmatched level of control on the wavelength and intensity of emitted light which may be achieved by manufacturers.
LEDs in solar simulators match the required spectrum which is crucial for accurate testing of advanced photovoltaic cells and modules. Additionally, the technology is able to fine-tune spatial and spectral output further, supporting advanced testing scenarios and identifying non-uniformities in solar cells which drive its demand in the market.
Several factors contribute to the rising demand for solar simulators in the Asia-Pacific region such as rising investment in the production of solar panels and rising policies for the adoption of renewable energy in the energy mix. Moreover, the region has the country such as China which is the world’s leading solar panel manufacturing country. China’s aggressive renewable energy targets and large-scale investments in solar capacity expansion have created a massive demand for high-quality, reliable PV modules, necessitating advanced solar simulators for rigorous testing and certification.
Furthermore, countries like India, Japan, and South Korea are rapidly investing in the manufacturing of solar panel with high efficiency and export quality which drives the demand for solar simulators in the region. The government incentives and favorable regulatory frameworks require thorough quality assurance and performance validation of solar products, thus creating the opportunity for solar simulators in the region. The combination of manufacturing scale, policy support and technological innovation ensures that Asia-Pacific remains at the forefront of global solar simulator market. Several companies are investing in developing countries to boost solar panel manufacturing with advanced technologies which the demand for solar simulators demand in the market.
For instance, in May 2025, ReNew Energy Global Plc a leading decarbonisation solutions company, has secured a USD 100 million investment from British International Investment plc (BII) to accelerate the growth of its solar manufacturing business in India. The investment will be made in ReNew Photovoltaics Private Limited which is a dedicated solar manufacturing subsidiary in India. This development highlights that companies are focusing on the developing countries to increase the solar panel manufacturing.
Impact of the United States Tariffs on Global Solar Simulator Market
Report Scope
“Global Solar Simulator Market Assessment, Opportunities and Forecast, 2018-2032F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of the global solar simulator market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between 2025 and 2032. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business models, competitive intelligence, etc.
Report Attribute |
Details |
Segments Covered |
Light Source Technology, Emission Duration, Application |
Regions Covered |
North America, Europe, South America, Asia-Pacific, Middle East and Africa |
Key Companies Profile |
Avalon ST Sàrl., G2V Optics Inc., Holmarc Opto-Mechatronics Ltd., Ossila Ltd., Abet Technologies, Inc., Endeas Oy, Gsolar Power Co. Ltd, Optical Associates Inc., Sciencetech Inc, Primelite GmbH |
Customization Scope |
15% free report customization with purchase |
Pricing and Purchase Options |
Avail the customized purchase options to fulfil your precise research needs |
Delivery Format |
PDF and Excel through email (subject to the license purchased) |
In the report, global solar simulator market has been segmented into the following categories:
Key Players Landscape and Outlook
To increase revenue and market share, leading players in the solar simulation industry are adopting strategic moves such as launching technologically advanced products, expanding product portfolios, and integrating technologies like AI, IoT, and big data analytics for enhanced testing accuracy and operational efficiency. Companies are also entering partnerships, acquisitions, and agreements to strengthen their global presence and tap into emerging markets. Additionally, companies are focusing on business expansion into high-growth regions, investing in R&D to support next-generation solar technologies, and targeting new application areas beyond photovoltaics, such as automotive and materials testing. Product launches, agreements, business expansions, collaborations, and developing technologies are projected to increase competition in the fast-paced market.
For instance, in April 2023, Endeas Oy decided to expand its geographical presence and expand its operations to India by founding a subsidiary, Endeas India Pvt. Ltd, having head office in Mumbai. Having an experienced local asset in India is an important factor in the exponentially growing PV market which is helping the company to grow.
Key Players Operating in Global Solar Simulator Market are:
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