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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Solar Laser Drilling Market
Request Now !Laser drilling is the process of creating through holes referred to as popped holes or percussion drilled holes by repeatedly pulsing focused laser energy on a material. The rise in scale of production of solar module increases the demand for highly effective solar cells, which is expected to propel the adoption of laser process in industrial manufacture of solar cells. Lasers have been widely used for various process including cutting, drilling, welding marking, and engraving of solar cells. Drilling of glass by laser has been an innovative approach with several advantages over conventional training techniques used in photovoltaic industry. Strong growth in global photovoltaic industry has been driven by factors such as the rise and demand for electricity and renewable energy generation. However, large area required for the installation of PV panels along with high installation cost are some of the major hindrances for the market growth.
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available for Years | 2020–2030 |
Base Year Considered | 2020 |
Forecast Period | 2021–2030 |
Forecast Unit | Value (USD) |
Segments Covered | Cell Type, Laser Type, Application, and Region |
Companies Covered | Mitsubishi Diamond Industrial Co. Ltd, SPI Lasers, IPG Photonics Corporation, Sahajanand Laser Technology Limited (SLTL Group), Ooitech, DMG MORI, Control Micro Systems, GF Machining Solutions LLC, and 3D Micromac, Amada Co., Ltd. |
COVID-19 Impact Analysis
Top Impacting Factors
Increase in the range of manufacturing of solar sections and the rise in demand for extremely effective solar cells are expected to increase the demand of photovoltaic cells. The need for laser function is expected to rise remarkably in the production of thin film solar components for uses including component separation, recording, and cell associated in the future. Boring of solar glass by radiation has been an innovative perspective with different benefits over traditional polling system utilized in solar cell companies. Robust development in comprehensive photovoltic company has been profoundly operated by factors such as escalating demand for power and sustainable power generation. Favorable economic conditions in different countries, which grants assistance for manufacturers of components and power generation utilizing PV, the market for the solar laser drilling is expected to rise.
Market Trends
Key Benefits of Report
This study presents the analytical depiction of the solar laser drilling industry along with the current trends and future estimations to determine the imminent investment pockets.
Key Market Segments
Segments | Sub-segments |
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By Cell Type |
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By Laser Type |
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By Application |
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By REGION |
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