Solar Panel Recycling Market Size to Increase by USD 238.3 Mn |
NEW YORK, Oct. 13, 2021 /PRNewswire/ — The “Solar Panel Recycling Market by Product and Geography – Forecast and Analysis 2020-2024” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the solar panel recycling market between 2020 and 2024 is USD 238.30 million. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
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Market Driver
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Market Challenges
The growth in solar PV panel installation and growth in solar panel recycling R&D activities are some of the key factors influencing the market growth positively in the upcoming years. However, the challenges associated with product characteristics might limit the market growth.
Learn about additional drivers, trends, and challenges influencing the market in our full report.
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The solar panel recycling market report is segmented by product (crystalline and thin-film) and geography (Europe, APAC, North America, MEA, and South America). In terms of geography, 38% of the market’s growth will originate from APAC. Japan and China are the key markets for solar panel recycling in APAC.
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Companies mentioned with their offerings
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Canadian Solar Inc.: The company offers services related to solar panel recycling which helps to reduce the environmental footprint of solar panels.
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Dynamic Lifecycle Innovations: The company effectively collect, inventory, inspect, reuse, and/or properly recycle solar panels.
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EIKI SHOJI Co. Ltd.
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ENVARIS GmbH
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First Solar Inc.
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Gain access to more vendor profiles featured in the report. Click Here.
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Solar Panel Recycling Market Scope |
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Report Coverage |
Details |
Page number |
120 |
Base year |
2019 |
Forecast period |
2020-2024 |
Growth momentum & CAGR |
Accelerate at a CAGR of over 28% |
Market growth 2020-2024 |
USD 238.30 million |
Market structure |
Fragmented |
YoY growth (%) |
13.65 |
Regional analysis |
Europe, APAC, North America, MEA, and South America |
Performing market contribution |
APAC at 38% |
Key consumer countries |
Germany, Japan, US,… |
Read More: Solar Panel Recycling Market Size to Increase by USD 238.3 Mn |