出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2024年4月
Solar Panel Recycling Market – Global Forecast to 2029
太陽光パネルリサイクル市場 : タイプ (単結晶、多結晶、薄膜)、プロセス (熱、化学、機械、レーザー、コンビネーション)、保存期間 (早期損失、通常損失)、材料 (金属、ガラス、プラスチック、シリコン) – 2029年までの世界予測
Solar Panel Recycling Market by Type (Monocrystalline, Polycrystalline, Thin Film), Process (Thermal, Chemical, Mechanical, Laser, Combination), Shelf Life (Early Loss, Normal Loss), Material (Metal, Glass, Plastic, Silicone) – Global Forecast to 2029
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エンタープライズサイトライセンス | USD 10,000 |
種別 | 英文調査報告書 |
Report Overview
The solar panel recycling market is projected to reach USD 931 million by 2029, at a CAGR of 19.3% from USD 385 million in 2024.
太陽光パネルリサイクル市場は、2024年の3億8,500万米ドルから19.3%のCAGRで、2029年までに9億3,100万米ドルに達すると予測されています。
The solar panel recycling market is primarily adriven by the increasing adoption of solar energy and the resulting rise in end-of-life solar panels. With the expansion of the solar industry, there is a growing volume of retired solar panels that need to be managed sustainably. Additionally, government initiatives and regulations promoting renewable energy and waste management are fueling the demand for solar panel recycling.
Moreover, the increasing value of recycled materials, such as metals like aluminum and copper, due to market demand for sustainable resources is a significant driver for the solar panel recycling market. As industries worldwide seek to reduce their environmental footprint and meet sustainability goals, the demand for recycled materials is rising driving the growth of the solar panel recycling market.
“Monocrystalline type, is expected to be the fastest growing segment for solar panel recycling market during the forecast period, in terms of value.”
Monocrystalline solar panels are experiencing rapid growth in the solar panel recycling market due to several factors. Firstly, monocrystalline panels are becoming increasingly popular in solar installations due to their higher efficiency and better performance compared to other types of panels. As a result, the overall volume of monocrystalline panels being installed is increasing, leading to a corresponding rise in the number of end-of-life monocrystalline panels requiring recycling. Additionally, advancements in recycling technologies have made it more feasible to recover valuable materials from monocrystalline panels efficiently. This includes the extraction of materials such as silicon, aluminum, and glass, which are valuable for reuse in the manufacturing of new panels or other products. The combination of growing market demand for monocrystalline panels and improved recycling capabilities is driving the rapid growth of monocrystalline solar panel recycling making it the fastest growing type segment.
“Early Loss is expected to be the fastest growing shelf life segment for solar panel recycling market during the forecast period, in terms of value.”
Early loss is anticipated to be the fastest-growing shelf life segment in the solar panel recycling market due to several factors. Firstly, as solar technology evolves, older panels are being replaced by more efficient and durable models at a faster rate. This means that the early loss segment, which includes panels that have reached the end of their life prematurely due to various factors such as manufacturing defects or damage, is expected to grow rapidly.
Furthermore, the increasing adoption of solar energy across various industries and regions has led to a surge in the installation of solar panels. As a result, a significant portion of the installed base consists of panels that are relatively new and may experience early loss due to unforeseen circumstances or technical issues. This trend is expected to continue as the solar industry expands, driving the growth of the early loss segment in the solar panel recycling market.
Additionally, heightened awareness of environmental sustainability and the circular economy is prompting stakeholders to address the disposal and recycling of early loss panels more proactively. This emphasis on responsible end-of-life management further contributes to the accelerated growth of the early loss segment in the solar panel recycling market.
“Mechanical is expected to be the fastest growing process segment for solar panel recycling market during the forecast period, in terms of value.”
Mechanical recycling is anticipated to be the fastest-growing process segment in the solar panel recycling market due to several key factors. Firstly, mechanical recycling offers a cost-effective and efficient method for recovering valuable materials from end-of-life solar panels. Unlike chemical or thermal processes, mechanical recycling does not require complex equipment or high energy consumption, making it more accessible and economically viable for recycling facilities.
Additionally, mechanical recycling is inherently less resource-intensive and environmentally friendly compared to other recycling methods. It involves the separation and sorting of materials such as glass, aluminum, and silicon, which can then be reused in the manufacturing of new solar panels or other products.
Furthermore, advancements in mechanical recycling technologies and techniques have improved the efficiency and effectiveness of the process, further driving its adoption and growth in the market. Innovations such as automated sorting systems and robotic dismantling equipment enable recycling facilities to process larger volumes of solar panels more quickly and accurately, thereby meeting the increasing demand for solar panel recycling services.
“Metal is expected to be the fastest growing material segment for solar panel recycling market during the forecast period, in terms of value.”
Metal is expected to be the fastest-growing materials segment in the solar panel recycling market for several reasons. Firstly, solar panels contain significant amounts of valuable metals such as aluminum, copper, and silver, which are essential components of the panels’ structure and electrical conductors. These metals can be efficiently recovered and recycled through various processes, including mechanical, thermal and others.
Secondly, the increasing demand for metals in various industries is driving the need for recycled metals as a sustainable source of raw materials. As a result, there is a growing market for recycled metals from solar panels, contributing to the rapid growth of this segment.
Moreover, the recycling of metals from solar panels helps alleviate the environmental impact of metal extraction and processing from virgin sources. By recycling metals from end-of-life solar panels, companies can reduce energy consumption, greenhouse gas emissions, and the need for landfill space associated with traditional mining and refining processes.
“Based on region, North America was the second largest market for solar panel recycling market in 2023.”
North America emerges as the second-largest market for solar panel recycling after Europe due to several key factors. Firstly, there has been a significant increase in solar panel installations across North America in recent years, driven by government incentives, environmental regulations, and growing awareness of renewable energy benefits. As a result, the region is witnessing a corresponding rise in end-of-life solar panels, creating a substantial demand for recycling services.
Moreover, North America boasts a well-developed waste management infrastructure, including recycling facilities and regulatory frameworks, which support the efficient and environmentally responsible disposal of solar panels. This infrastructure facilitates the collection, transportation, and processing of end-of-life panels, contributing to the growth of the solar panel recycling market in the region.
Additionally, increasing environmental consciousness among consumers, businesses, and policymakers in North America is driving the adoption of sustainable practices, including solar panel recycling. With a focus on reducing waste and promoting circular economy principles, there is a growing emphasis on extending the lifespan of solar panels through recycling, further fueling market growth.
The presence of major solar panel recycling players enhances the region’s competitiveness in the global solar panel recycling market.
In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees is as follows:
- By Company Type: Tier 1 – 35%, Tier 2 -35%, and Tier 3 – 30%
- By Designation: C-Level – 30%, Director Level – 10%, and Others – 60%
- By Region: North America – 30%, Europe -20%, Asia Pacific – 30%, Middle East & Africa – 10%, and South America- 10%
The key players in this market are First Solar (US), Reiling GmbH & Co.KG (Germany), The Retrofit Companies, Inc. (US), Rinovasol Global Services B. V. (Netherlands), We Recycle Solar (US), ROSI (France), SILCONTEL LTD (Israel), Etavolt Pte. Ltd. (Singapore), PV Industries Pty Ltd (Australia), SOLARCYCLE, Inc. (US), etc.
Research Coverage
This report segments the market for the solar panel recycling market on the basis of type, process, material, shelf life and region. It provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisitions associated with the market for the solar panel recycling market.
Key benefits of buying this report
This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the solar panel recycling market; high-growth regions; and market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
• Analysis of key drivers: The market growth is driven by the increasing value of recycled materials due to market demand along with increasing electronic waste in the landfills and increasing volume of recyclable material.
• Market Penetration: Comprehensive information on the solar panel recycling market offered by top players in the global solar panel recycling market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the solar panel recycling market.
• Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for the solar panel recycling market across regions.
• Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global solar panel recycling market.
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the solar panel recycling market.
Table of Contents
1 INTRODUCTION 33
1.1 STUDY OBJECTIVES 33
1.2 MARKET DEFINITION 33
1.2.1 INCLUSIONS & EXCLUSIONS 34
1.3 MARKET SCOPE 34
FIGURE 1 SOLAR PANEL RECYCLING MARKET SEGMENTATION 34
1.3.1 REGIONS COVERED 35
1.3.2 YEARS CONSIDERED 35
1.4 CURRENCY CONSIDERED 36
1.5 UNITS CONSIDERED 36
1.6 LIMITATIONS 36
1.7 STAKEHOLDERS 36
2 END USERS RESEARCH METHODOLOGY 37
2.1 RESEARCH DATA 37
FIGURE 2 SOLAR PANEL RECYCLING MARKET: RESEARCH DESIGN 37
2.1.1 SECONDARY DATA 38
2.1.1.1 Key data from secondary sources 38
2.1.2 PRIMARY DATA 38
2.1.2.1 Primary data sources 39
2.1.2.2 Key solar panel recycling manufacturers 39
2.1.2.3 Breakdown of interviews with experts 39
2.1.2.4 Key industry insights 40
2.2 BASE NUMBER CALCULATION 40
2.2.1 APPROACH 1: SUPPLY-SIDE ANALYSIS 40
2.2.2 APPROACH 2: DEMAND-SIDE ANALYSIS 40
2.3 FORECAST NUMBER CALCULATION 41
2.3.1 SUPPLY SIDE 41
2.3.2 DEMAND SIDE 41
2.4 MARKET SIZE ESTIMATION 41
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: REVENUE OF MARKET PLAYERS 41
2.4.1 BOTTOM-UP APPROACH 42
2.4.2 TOP-DOWN APPROACH 42
2.5 DATA TRIANGULATION 43
FIGURE 4 SOLAR PANEL RECYCLING MARKET: DATA TRIANGULATION 43
2.6 ASSUMPTIONS 44
2.7 RECESSION IMPACT 44
2.8 GROWTH FORECAST 45
2.9 RISK ASSESSMENT 45
3 EXECUTIVE SUMMARY 46
FIGURE 5 POLYCRYSTALLINE TYPE SEGMENT TO DOMINATE MARKET BETWEEN 2024 AND 2029 47
FIGURE 6 MECHANICAL PROCESS SEGMENT TO LEAD MARKET BETWEEN 2024 AND 2029 48
FIGURE 7 NORMAL LOSS SHELF LIFE SEGMENT TO LEAD MARKET BETWEEN 2024 AND 2029 48
FIGURE 8 SILICONE MATERIAL SEGMENT TO LEAD MARKET BETWEEN 2024 AND 2029 49
FIGURE 9 EUROPE TO DOMINATE MARKET DURING FORECAST PERIOD 50
4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SOLAR PANEL RECYCLING MARKET 51
FIGURE 10 GROWING DEMAND FROM WASTE MANAGEMENT AND RECYCLING SECTORS TO DRIVE MARKET 51
4.2 SOLAR PANEL RECYCLING MARKET, BY TYPE 52
FIGURE 11 POLYCRYSTALLINE TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD 52
4.3 SOLAR PANEL RECYCLING MARKET, BY COUNTRY 52
FIGURE 12 GERMANY TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 52
5 MARKET OVERVIEW 53
5.1 INTRODUCTION 53
5.2 MARKET DYNAMICS 53
FIGURE 13 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN SOLAR PANEL RECYCLING MARKET 54
5.2.1 DRIVERS 54
5.2.1.1 Increasing value of recycled materials 54
5.2.1.2 Need to reduce electronic waste and landfills 55
5.2.1.3 Increasing volume of recyclable material 55
5.2.2 RESTRAINTS 56
5.2.2.1 Technological limitations in material extraction 56
5.2.3 OPPORTUNITIES 56
5.2.3.1 Government initiatives to support solar panel recycling market 56
5.2.4 CHALLENGES 57
5.2.4.1 Complexity in extracting raw materials 57
5.2.4.2 Higher cost of recycling than landfilling 57
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 58
5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR SOLAR PANEL RECYCLING MANUFACTURERS 58
FIGURE 14 REVENUE SHIFT OF SOLAR PANEL RECYCLING MARKET 59
5.4 VALUE CHAIN ANALYSIS 59
FIGURE 15 OVERVIEW OF SOLAR PANEL RECYCLING MARKET VALUE CHAIN 60
5.4.1 COLLECTION OF END-OF-LIFE SOLAR PANELS 60
5.4.2 MATERIAL RECOVERY AND SEPARATION 60
5.4.3 MANUFACTURING OF RECYCLED MATERIALS 61
5.4.4 END CONSUMERS 61
5.5 INVESTMENT AND FUNDING 61
FIGURE 16 INVESTMENT AND FUNDING SCENARIO: SOLAR PANEL RECYCLING MARKET 61
5.6 PRICING ANALYSIS 62
5.6.1 AVERAGE SELLING PRICE TREND, BY REGION 62
TABLE 1 AVERAGE SELLING PRICE, BY REGION, 2020–2028 (PER PANEL) 62
FIGURE 17 SOLAR PANEL RECYCLING MARKET: AVERAGE SELLING PRICE TREND, BY REGION 62
5.6.2 AVERAGE SELLING PRICE, BY TYPE 62
TABLE 2 AVERAGE SELLING PRICE, BY TYPE, 2020–2028 (PER PANEL) 62
5.6.3 AVERAGE SELLING PRICE OF KEY PLAYERS, BY TOP THREE TYPES 63
TABLE 3 AVERAGE SELLING PRICE OF KEY PLAYERS, BY TYPE, (PER PANEL) 63
FIGURE 18 AVERAGE SELLING PRICE OF KEY PLAYERS, BY TOP THREE TYPES 63
5.7 ECOSYSTEM/MARKET MAP 63
TABLE 4 SOLAR PANEL RECYCLING MARKET: ECOSYSTEM 64
5.8 TECHNOLOGY ANALYSIS 65
TABLE 5 TECHNOLOGIES OFFERED IN SOLAR PANEL RECYCLING MARKET 65
5.9 PATENT ANALYSIS 65
5.9.1 METHODOLOGY 66
5.9.2 PATENTS GRANTED WORLDWIDE, 2014–2023 66
TABLE 6 SOLAR PANEL RECYCLING MARKET: TOTAL NUMBER OF PATENTS 66
5.9.3 PATENT PUBLICATION TRENDS 66
FIGURE 19 NUMBER OF PATENTS GRANTED (2014−2023) 66
5.9.4 INSIGHTS 67
5.9.5 LEGAL STATUS OF PATENTS 67
FIGURE 20 SOLAR PANEL RECYCLING MARKET: LEGAL STATUS OF PATENTS 67
5.9.6 JURISDICTION ANALYSIS 67
FIGURE 21 PATENTS ANALYSIS FOR SOLAR PANEL RECYCLE, BY JURISDICTION, 2014−2023 67
5.9.7 TOP COMPANIES/APPLICANTS 68
FIGURE 22 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENTS IN LAST 10 YEARS 68
TABLE 7 LIST OF MAJOR PATENT OWNERS FOR SOLAR PANEL RECYCLING 68
5.9.8 LIST OF MAJOR PATENTS 69
TABLE 8 MAJOR PATENTS FOR SOLAR PANEL RECYCLING 69
5.10 TRADE ANALYSIS 71
5.10.1 IMPORT SCENARIO 71
FIGURE 23 IMPORTS OF SOLAR PANEL RECYCLE, BY COUNTRY, 2020–2023 (USD THOUSAND) 72
5.10.2 EXPORT SCENARIO 72
FIGURE 24 EXPORTS OF SOLAR PANEL RECYCLE, BY COUNTRY, 2020–2023 (USD THOUSAND) 72
5.11 KEY CONFERENCES & EVENTS, 2024–2025 73
TABLE 9 SOLAR PANEL RECYCLING MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2024–2025 73
5.12 REGULATORY LANDSCAPE 73
5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 73
TABLE 10 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 74
TABLE 11 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
TABLE 12 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 76
TABLE 13 MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 77
TABLE 14 SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
5.12.2 REGULATIONS RELATED TO SOLAR PANEL RECYCLING MARKET 79
TABLE 15 LIST OF REGULATIONS FOR SOLAR PANEL RECYCLING MARKET 79
5.13 PORTER’S FIVE FORCES ANALYSIS 80
TABLE 16 SOLAR PANEL RECYCLING MARKET: PORTER’S FIVE FORCES ANALYSIS 80
FIGURE 25 PORTER’S FIVE FORCES ANALYSIS: SOLAR PANEL RECYCLING MARKET 80
5.13.1 THREAT OF SUBSTITUTES 81
5.13.2 THREAT OF NEW ENTRANTS 81
5.13.3 BARGAINING POWER OF SUPPLIERS 81
5.13.4 BARGAINING POWER OF BUYERS 81
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 82
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 82
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 82
FIGURE 26 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE PROCESSES 82
TABLE 17 INFLUENCE OF INSTITUTIONAL BUYERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS 82
5.14.2 BUYING CRITERIA 83
FIGURE 27 KEY BUYING CRITERIA FOR APPLICATIONS 83
TABLE 18 KEY BUYING CRITERIA FOR APPLICATIONS 83
5.15 MACROECONOMIC INDICATORS 83
5.15.1 GDP TRENDS AND FORECASTS OF MAJOR ECONOMIES 83
TABLE 19 GDP TRENDS AND FORECASTS, BY KEY COUNTRY, 2020–2029 (USD MILLION) 83
5.16 CASE STUDIES 84
5.16.1 RECYCLING END-OF-LIFE SOLAR PHOTOVOLTAIC (PV) PANELS: CHALLENGES, OPPORTUNITIES, AND CURRENT STATE OF RECYCLING TECHNOLOGIES 84
5.16.2 DOE’S ACTION PLAN FOR SAFE AND RESPONSIBLE HANDLING OF PHOTOVOLTAIC END-OF-LIFE MATERIALS TO SUPPORT SOLAR ENERGY DEPLOYMENT AND DECARBONIZATION 85
6 SOLAR PANEL RECYCLING MARKET, BY PROCESS 86
6.1 INTRODUCTION 87
FIGURE 28 MECHANICAL PROCESS TO LEAD MARKET DURING FORECAST PERIOD 87
TABLE 20 SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020–2023 (USD MILLION) 87
TABLE 21 SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2024–2029 (USD MILLION) 88
6.2 THERMAL 88
6.2.1 NEED TO MINIMIZE ENVIRONMENTAL IMPACT TO DRIVE MARKET 88
6.3 CHEMICAL 88
6.3.1 ABILITY TO REMOVE IMPURITIES AND CONTAMINANTS TO DRIVE MARKET 88
6.4 MECHANICAL 89
6.4.1 WIDELY USED AND COST-EFFECTIVE NATURE TO DRIVE MARKET 89
6.5 LASER 89
6.5.1 HIGH-PURITY RECOVERY OF VALUABLE RESOURCES TO DRIVE MARKET 89
6.6 COMBINATION 90
6.6.1 INTEGRATION OF MULTIPLE RECYCLING TECHNIQUES TO DRIVE MARKET 90
6.7 OTHER PROCESSES 90
7 SOLAR PANEL RECYCLING MARKET, BY MATERIAL 91
7.1 INTRODUCTION 92
FIGURE 29 METAL TO LEAD MARKET DURING FORECAST PERIOD 92
TABLE 22 SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 92
TABLE 23 SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 93
7.2 SILICON 93
7.2.1 NEED FOR EFFICIENCY IN ENERGY CONVERSION TO DRIVE MARKET 93
7.3 METAL 93
7.3.1 REDUCTION IN DEMAND FOR VIRGIN MATERIALS TO DRIVE MATERIAL 93
7.4 ALUMINUM 94
7.4.1 WIDESPREAD USE IN PANEL CONSTRUCTION TO DRIVE MARKET 94
7.5 PLASTIC 94
7.5.1 ADVANCEMENTS IN RECYCLING TECHNOLOGIES TO DRIVE MARKET 94
7.6 GLASS 95
7.6.1 REGULATORY SUPPORT AND CONSUMER AWARENESS TO DRIVE MARKET 95
7.7 OTHER MATERIALS 95
7.7.1 LEAD 95
7.7.2 CADMIUM AND TELLURIUM 95
7.7.3 INDIUM AND GALLIUM 96
8 SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE 97
8.1 INTRODUCTION 98
FIGURE 30 EARLY LOSS TO LEAD MARKET DURING FORECAST PERIOD 98
TABLE 24 SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020–2023 (USD MILLION) 98
TABLE 25 SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2024–2029 (USD MILLION) 98
8.2 EARLY LOSS 99
8.2.1 ENHANCED MATERIALS, IMPROVED MANUFACTURING PROCESSES, AND ADVANCED QUALITY CONTROL TO DRIVE MARKET 99
8.3 NORMAL LOSS 99
8.3.1 CHEMICAL DEGRADATION AND LACK OF MAINTENANCE TO DRIVE MARKET 99
9 SOLAR PANEL RECYCLING MARKET, BY TYPE 101
9.1 INTRODUCTION 102
FIGURE 31 POLYCRYSTALLINE TO LEAD MARKET DURING FORECAST PERIOD, 2023 102
TABLE 26 SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020–2023 (USD MILLION) 102
TABLE 27 SOLAR PANEL RECYCLING MARKET, BY TYPE, 2024–2029 (USD MILLION) 103
TABLE 28 SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020–2023 (MILLION PANELS) 103
TABLE 29 SOLAR PANEL RECYCLING MARKET, BY TYPE, 2024–2029 (MILLION PANELS) 103
9.2 POLYCRYSTALLINE 104
9.2.1 ENVIRONMENTALLY AND ECONOMICALLY EFFICIENT OPTIONS TO DRIVE MARKET 104
9.3 MONOCRYSTALLINE 105
9.3.1 INITIATIVES FOR RECOVERY OF VALUABLE MATERIALS TO DRIVE MARKET 105
9.4 THIN FILM 105
9.4.1 STREAMLINED PROCESS AND SIMPLICITY & EASE OF RECYCLING TO DRIVE MARKET 105
9.5 OTHER TYPES 106
9.5.1 PEROVSKITE SOLAR CELLS 106
9.5.2 ORGANIC PHOTOVOLTAICS 106
9.5.3 DYE-SENSITIZED SOLAR CELLS 106
9.5.4 CONCENTRATOR PHOTOVOLTAICS (CPVS) 106
9.5.5 BIFACIAL SOLAR PANELS 106
9.5.6 CADMIUM TELLURIDE (CDTE) AND COPPER INDIUM GALLIUM SELENIDE (CIGS) 106
9.5.7 QUANTUM DOT SOLAR CELLS 106
10 SOLAR PANEL RECYCLING MARKET, BY REGION 107
10.1 INTRODUCTION 108
FIGURE 32 EUROPE TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 108
TABLE 30 SOLAR PANEL RECYCLING MARKET, BY REGION, 2020–2023 (USD MILLION) 108
TABLE 31 SOLAR PANEL RECYCLING MARKET, BY REGION, 2024–2029 (USD MILLION) 109
TABLE 32 SOLAR PANEL RECYCLING MARKET, BY REGION, 2020–2023 (MILLION PANELS) 109
TABLE 33 SOLAR PANEL RECYCLING MARKET, BY REGION, 2024–2029 (MILLION PANELS) 109
TABLE 34 SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020–2023 (USD MILLION) 110
TABLE 35 SOLAR PANEL RECYCLING MARKET, BY TYPE, 2024–2029 (USD MILLION) 110
TABLE 36 SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020–2023 (MILLION PANELS) 110
TABLE 37 SOLAR PANEL RECYCLING MARKET, BY TYPE, 2024–2029 (MILLION PANELS) 110
TABLE 38 SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020–2023 (USD MILLION) 111
TABLE 39 SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2024–2029 (USD MILLION) 111
TABLE 40 SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020–2023 (USD MILLION) 111
TABLE 41 SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2024–2029 (USD MILLION) 111
TABLE 42 SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 112
TABLE 43 SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 112
10.2 ASIA PACIFIC 113
10.2.1 RECESSION IMPACT 113
FIGURE 33 ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET SNAPSHOT 114
TABLE 44 ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 115
TABLE 45 ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 115
TABLE 46 ASIA PACIFIC SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2020–2023 (MILLION PANELS) 115
TABLE 47 ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2024–2029 (MILLION PANELS) 116
TABLE 48 ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020–2023 (USD MILLION) 116
TABLE 49 ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2024–2029 (USD MILLION) 116
TABLE 50 ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020–2023 (MILLION PANELS) 117
TABLE 51 ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2024–2029 (MILLION PANELS) 117
TABLE 52 ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020–2023 (USD MILLION) 117
TABLE 53 ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2024–2029 (USD MILLION) 117
TABLE 54 ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020–2023 (USD MILLION) 118
TABLE 55 ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2024–2029 (USD MILLION) 118
TABLE 56 ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 118
TABLE 57 ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 119
10.2.1.1 China 119
10.2.1.1.1 Heavy capital investment to drive market 119
TABLE 58 CHINA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 120
TABLE 59 CHINA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 120
10.2.1.2 Japan 120
10.2.1.2.1 Strong manufacturing sector and government incentives to drive market 120
TABLE 60 JAPAN: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 121
TABLE 61 JAPAN: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 121
10.2.1.3 South Korea 121
10.2.1.3.1 Waste management initiatives to drive market 121
TABLE 62 SOUTH KOREA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 122
TABLE 63 SOUTH KOREA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 122
10.2.1.4 India 122
10.2.1.4.1 Government investment and policies to drive market 122
TABLE 64 INDIA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 123
TABLE 65 INDIA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 123
10.2.1.5 Australia 123
10.2.1.5.1 Waste management practices to drive market 123
TABLE 66 AUSTRALIA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 124
TABLE 67 AUSTRALIA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 124
10.2.1.6 Rest of Asia Pacific 124
TABLE 68 REST OF ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 124
TABLE 69 REST OF ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 125
10.3 NORTH AMERICA 125
10.3.1 RECESSION IMPACT 125
FIGURE 34 NORTH AMERICA: SOLAR PANEL RECYCLING MARKET SNAPSHOT 126
TABLE 70 NORTH AMERICA SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 126
TABLE 71 NORTH AMERICA SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 127
TABLE 72 NORTH AMERICA SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2020–2023 (MILLION PANELS) 127
TABLE 73 NORTH AMERICA SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2024–2029 (MILLION PANELS) 127
TABLE 74 NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020–2023 (USD MILLION) 127
TABLE 75 NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2024–2029 (USD MILLION) 128
TABLE 76 NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020–2023 (MILLION PANELS) 128
TABLE 77 NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2024–2029 (MILLION PANELS) 128
TABLE 78 NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020–2023 (USD MILLION) 128
TABLE 79 NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2024–2029 (USD MILLION) 129
TABLE 80 NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020–2023 (USD MILLION) 129
TABLE 81 NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2024–2029 (USD MILLION) 129
TABLE 82 NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 130
TABLE 83 NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 130
10.3.1.1 US 130
10.3.1.1.1 Increasing investment in sustainability and green projects to drive market 130
TABLE 84 US: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 131
TABLE 85 US: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 131
10.3.1.2 Canada 131
10.3.1.2.1 Increasing need to manage the associated waste to drive market 131
TABLE 86 CANADA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 132
TABLE 87 CANADA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 132
10.3.1.3 Mexico 132
10.3.1.3.1 Increasing demand from residential and commercial sectors to drive market 132
TABLE 88 MEXICO: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 133
TABLE 89 MEXICO: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 133
10.4 EUROPE 133
FIGURE 35 EUROPE: SOLAR PANEL RECYCLING MARKET SNAPSHOT 134
10.4.1 RECESSION IMPACT 135
TABLE 90 EUROPE SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 135
TABLE 91 EUROPE SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 136
TABLE 92 EUROPE SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2020–2023 (MILLION PANELS) 136
TABLE 93 EUROPE SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2024–2029 (MILLION PANELS) 136
TABLE 94 EUROPE SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020–2023 (USD MILLION) 137
TABLE 95 EUROPE SOLAR PANEL RECYCLING MARKET, BY TYPE, 2024–2029 (USD MILLION) 137
TABLE 96 EUROPE SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020–2023 (MILLION PANELS) 137
TABLE 97 EUROPE SOLAR PANEL RECYCLING MARKET, BY TYPE, 2024–2029 (MILLION PANELS) 137
TABLE 98 EUROPE SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020–2023 (USD MILLION) 138
TABLE 99 EUROPE SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2024–2029 (USD MILLION) 138
TABLE 100 EUROPE SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020–2023 (USD MILLION) 138
TABLE 101 EUROPE SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2024–2029 (USD MILLION) 138
TABLE 102 EUROPE SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 139
TABLE 103 EUROPE SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 139
10.4.1.1 Germany 139
10.4.1.1.1 Increased solar waste to drive market 139
TABLE 104 GERMANY: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 140
TABLE 105 GERMANY: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 140
10.4.1.2 Italy 141
10.4.1.2.1 Stringent policies implemented by government for recycling to drive market 141
TABLE 106 ITALY: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 141
TABLE 107 ITALY: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 141
10.4.1.3 France 142
10.4.1.3.1 Increasing waste and investments in new recycling facilities and stringent recycling laws to drive market 142
TABLE 108 FRANCE: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 142
TABLE 109 FRANCE: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 143
10.4.1.4 UK 143
10.4.1.4.1 Growing need for recycling sector to expand its capabilities to drive market 143
TABLE 110 UK: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 143
TABLE 111 UK: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 144
10.4.1.5 Spain 144
10.4.1.5.1 Investments by government and private organizations to drive market 144
TABLE 112 SPAIN: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 145
TABLE 113 SPAIN: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 145
10.4.1.6 Russia 145
10.4.1.6.1 Increasing deployment of solar panels and growing environment consciousness to drive market 145
TABLE 114 RUSSIA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 146
TABLE 115 RUSSIA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 146
10.4.1.7 Rest of Europe 146
TABLE 116 REST OF EUROPE: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 147
TABLE 117 REST OF EUROPE: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 147
10.5 MIDDLE EAST & AFRICA 147
10.5.1 RECESSION IMPACT 148
TABLE 118 MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 148
TABLE 119 MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 148
TABLE 120 MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2020–2023 (MILLION PANELS) 149
TABLE 121 MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2024–2029 (MILLION PANELS) 149
TABLE 122 MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020–2023 (USD MILLION) 149
TABLE 123 MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2024–2029 (USD MILLION) 150
TABLE 124 MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020–2023 (MILLION PANELS) 150
TABLE 125 MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2024–2029 (MILLION PANELS) 150
TABLE 126 MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020–2023 (USD MILLION) 150
TABLE 127 MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2024–2029 (USD MILLION) 151
TABLE 128 MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020–2023 (USD MILLION) 151
TABLE 129 MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2024–2029 (USD MILLION) 151
TABLE 130 MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 152
TABLE 131 MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 152
10.5.1.1 UAE 152
10.5.1.1.1 Need for responsible disposal of end-of-life to drive market 152
TABLE 132 UAE: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 153
TABLE 133 UAE: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 153
10.5.1.2 Saudi Arabia 154
10.5.1.2.1 Expansion of non-oil sector to drive market 154
TABLE 134 SAUDI ARABIA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 154
TABLE 135 SAUDI ARABIA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 154
10.5.1.3 South Africa 155
10.5.1.3.1 Heightened awareness of electronic waste concerns to drive market 155
TABLE 136 SOUTH AFRICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 155
TABLE 137 SOUTH AFRICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 155
10.5.1.4 Rest of GCC countries 156
TABLE 138 REST OF GCC COUNTRIES: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 156
TABLE 139 REST OF GCC COUNTRIES: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 156
10.5.1.5 Rest of Middle East & Africa 157
TABLE 140 REST OF MIDDLE EAST AND AFRICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 157
TABLE 141 REST OF MIDDLE EAST AND AFRICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 157
10.6 SOUTH AMERICA 158
10.6.1 RECESSION IMPACT 158
TABLE 142 SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 158
TABLE 143 SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 159
TABLE 144 SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2020–2023(MILLION PANELS) 159
TABLE 145 SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2024–2029(MILLION PANELS) 159
TABLE 146 SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020–2023 (USD MILLION) 159
TABLE 147 SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2024–2029 (USD MILLION) 160
TABLE 148 SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020–2023 (MILLION PANELS) 160
TABLE 149 SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2024–2029 (MILLION PANELS) 160
TABLE 150 SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020–2023 (USD MILLION) 160
TABLE 151 SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2024–2029 (USD MILLION) 161
TABLE 152 SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020–2023 (USD MILLION) 161
TABLE 153 SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2024–2029 (USD MILLION) 161
TABLE 154 SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 162
TABLE 155 SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 162
10.6.1.1 Brazil 162
10.6.1.1.1 Emergence of innovative technologies and growing focus on recycling to drive market 162
TABLE 156 BRAZIL: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 163
TABLE 157 BRAZIL: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 163
10.6.1.2 Argentina 163
10.6.1.2.1 Increasing awareness and incentives to drive market 163
TABLE 158 ARGENTINA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 164
TABLE 159 ARGENTINA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 164
10.6.1.3 Rest of South America 165
TABLE 160 REST OF SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2020–2023 (USD MILLION) 165
TABLE 161 REST OF SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2024–2029 (USD MILLION) 165
11 COMPETITIVE LANDSCAPE 166
11.1 INTRODUCTION 166
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 166
TABLE 162 OVERVIEW OF STRATEGIES ADOPTED BY SOLAR PANEL RECYCLING MANUFACTURERS 166
11.3 MARKET SHARE ANALYSIS 167
11.3.1 RANKING OF KEY MARKET PLAYERS, 2023 167
FIGURE 36 RANKING OF TOP FIVE PLAYERS IN SOLAR PANEL RECYCLING MARKET, 2023 167
11.3.2 MARKET SHARE OF KEY PLAYERS 168
TABLE 163 SOLAR PANEL RECYCLING MARKET: DEGREE OF COMPETITION 168
FIGURE 37 SHARE OF KEY PLAYERS IN SOLAR PANEL RECYCLING MARKET, 2023 168
11.4 REVENUE ANALYSIS 170
FIGURE 38 REVENUE ANALYSIS OF KEY PLAYERS, 2020–2024 170
11.5 BRAND/PRODUCT COMPARISON 171
FIGURE 39 BRAND/PRODUCT COMPARATIVE ANALYSIS, BY TYPE 171
11.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 171
11.6.1 STARS 171
11.6.2 EMERGING LEADERS 171
11.6.3 PERVASIVE PLAYERS 172
11.6.4 PARTICIPANTS 172
FIGURE 40 SOLAR PANEL RECYCLING MARKET: COMPANY EVALUATION MATRIX, KEY PLAYERS, 2023 172
11.6.5 COMPANY FOOTPRINT 173
FIGURE 41 SOLAR PANEL RECYCLING MARKET: COMPANY OVERALL FOOTPRINT 173
11.6.5.1 Type Footprint 174
TABLE 164 TYPE FOOTPRINT (10 COMPANIES) 174
11.6.5.2 Process footprint 174
TABLE 165 PROCESS FOOTPRINT (10 COMPANIES) 174
11.6.5.3 Material footprint 175
TABLE 166 MATERIAL FOOTPRINT (10 COMPANIES) 175
11.6.5.4 Region footprint 175
TABLE 167 REGION FOOTPRINT (10 COMPANIES) 175
11.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 176
11.7.1 PROGRESSIVE COMPANIES 176
11.7.2 RESPONSIVE COMPANIES 176
11.7.3 DYNAMIC COMPANIES 176
11.7.4 STARTING BLOCKS 176
FIGURE 42 SOLAR PANEL RECYCLING MARKET: COMPANY EVALUATION MATRIX, STARTUPS/SMES, 2023 177
11.7.5 COMPETITIVE BENCHMARKING 178
TABLE 168 SOLAR PANEL RECYCLING MARKET: DETAILED LIST OF KEY STARTUPS/SMES 178
11.7.5.1 Competitive benchmarking of key startups/SMEs 179
TABLE 169 COMPANY TYPE FOOTPRINT ANALYSIS OF STARTUPS/SMES 179
TABLE 170 COMPANY PROCESS FOOTPRINT ANALYSIS OF STARTUPS/SMES 179
TABLE 171 COMPANY MATERIAL FOOTPRINT ANALYSIS OF STARTUPS/SMES 180
TABLE 172 COMPANY REGION FOOTPRINT ANALYSIS OF STARTUPS/SMES 181
11.7.6 VALUATION AND FINANCIAL METRICS OF SOLAR PANEL RECYCLING VENDORS 181
FIGURE 43 EV/EBITDA OF KEY VENDORS 181
FIGURE 44 YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF KEY VENDORS 182
11.8 COMPETITIVE SCENARIO AND TRENDS 182
11.8.1 PRODUCT LAUNCHES 182
TABLE 173 SOLAR PANEL RECYCLING MARKET: PRODUCT LAUNCHES, JANUARY 2020−MARCH 2024 182
11.8.2 DEALS 183
TABLE 174 SOLAR PANEL RECYCLING MARKET: DEALS, JANUARY 2020−MARCH 2024 183
11.8.3 EXPANSIONS 188
TABLE 175 SOLAR PANEL RECYCLING MARKET: EXPANSIONS, JANUARY 2020−MARCH 2024 188
11.8.4 OTHER DEVELOPMENTS 189
TABLE 176 SOLAR PANEL RECYCLING MARKET: OTHER DEVELOPMENTS, JANUARY 2020−MARCH 2024 189
12 COMPANY PROFILES 191
(Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats) *
12.1 KEY PLAYERS 191
12.1.1 FIRST SOLAR 191
TABLE 177 FIRST SOLAR: COMPANY OVERVIEW 191
FIGURE 45 FIRST SOLAR: COMPANY SNAPSHOT 192
TABLE 178 FIRST SOLAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 192
TABLE 179 FIRST SOLAR: DEALS, JANUARY 2021-DECEMBER 2023 193
TABLE 180 FIRST SOLAR OTHERS, JANUARY 2021-JANUARY 2024 194
12.1.2 REILING GMBH & CO. KG 195
TABLE 181 REILING GMBH & CO. KG: COMPANY OVERVIEW 195
TABLE 182 REILING GMBH & CO. KG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 195
TABLE 183 REILING GMBH & CO. KG: PRODUCT LAUNCHES, JANUARY 2021–DECEMBER 2023 196
TABLE 184 REILING GMBH & CO. KG: DEALS, JANUARY 2021–DECEMBER 2023 196
TABLE 185 REILING GMBH & CO. KG: EXPANSIONS, JANUARY 2021–DECEMBER 2023 197
12.1.3 THE RETROFIT COMPANIES, INC. 198
TABLE 186 THE RETROFIT COMPANIES, INC.: COMPANY OVERVIEW 198
TABLE 187 THE RETROFIT COMPANIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 198
12.1.4 RINOVASOL GLOBAL SERVICES B. V. 200
TABLE 188 RINOVASOL GLOBAL SERVICES B. V.: COMPANY OVERVIEW 200
TABLE 189 RINOVASOL GLOBAL SERVICES B. V.: PRODUCTS/SOLUTIONS/
SERVICES OFFERED 200
TABLE 190 RINOVASOL GLOBAL SERVICES B. V.: DEALS,
JANUARY 2021-DECEMBER 2023 201
TABLE 191 RINOVASOL GLOBAL SERVICES B. V.: EXPANSIONS,
JANUARY 2021–DECEMBER 2023 201
12.1.5 ROSI 203
TABLE 192 ROSI: COMPANY OVERVIEW 203
TABLE 193 ROSI: PRODUCTS/SOLUTIONS/SERVICES OFFERED 203
TABLE 194 ROSI: DEALS, JANUARY 2021–JANUARY 2024 203
TABLE 195 ROSI: OTHERS, JANUARY 2021–MARCH 2024 205
TABLE 196 ROSI: OTHER DEVELOPMENTS, JANUARY 2021–FEBRUARY 2024 205
12.1.6 WE RECYCLE SOLAR 207
TABLE 197 WE RECYCLE SOLAR: COMPANY OVERVIEW 207
TABLE 198 WE RECYCLE SOLAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 207
TABLE 199 WE RECYCLE SOLAR: DEALS, JANUARY 2021–MARCH 2024 208
TABLE 200 WE RECYCLE SOLAR: EXPANSIONS, JANUARY 2021–DECEMBER 2023 208
12.1.7 SILCONTEL LTD 210
TABLE 201 SILCONTEL LTD: COMPANY OVERVIEW 210
TABLE 202 SILCONTEL LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 210
12.1.8 ETAVOLT PTE. LTD. 212
TABLE 203 ETAVOLT PTE. LTD.: COMPANY OVERVIEW 212
TABLE 204 ETAVOLT PTE. LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 212
TABLE 205 ETAVOLT PTE. LTD.: OTHER DEVELOPMENTS, JANUARY 2021–DECEMBER 2023 213
12.1.9 PV INDUSTRIES 214
TABLE 206 PV INDUSTRIES: COMPANY OVERVIEW 214
TABLE 207 PV INDUSTRIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 214
TABLE 208 PV INDUSTRIES: DEALS, JANUARY 2021–DECEMBER 2023 215
TABLE 209 PV INDUSTRIES: OTHER DEVELOPMENTS, JANUARY 2021–DECEMBER 2023 215
12.1.10 SOLARCYCLE, INC. 217
TABLE 210 SOLARCYCLE, INC.: COMPANY OVERVIEW 217
TABLE 211 SOLARCYCLE, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 217
TABLE 212 SOLARCYCLE, INC.: DEALS, JANUARY 2021–MARCH 2024 217
TABLE 213 SOLARCYCLE, INC.: EXPANSIONS, JANUARY 2021–FEBRUARY 2024 219
TABLE 214 SOLARCYCLE, INC.: OTHER DEVELOPMENTS, JANUARY 2021–DECEMBER 2023 219
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS 221
12.2.1 VEOLIA 221
TABLE 215 VEOLIA: COMPANY OVERVIEW 221
12.2.2 CLEANLITES RECYCLING 222
TABLE 216 CLEANLITES RECYCLING: COMPANY OVERVIEW 222
12.2.3 AERISOUL METAL & ENERGY CORPORATION 223
TABLE 217 AERISOUL METAL & ENERGY CORPORATION: COMPANY OVERVIEW 223
12.2.4 ENVARIS GMBH 224
TABLE 218 ENVARIS GMBH: COMPANY OVERVIEW 224
12.2.5 ELECSOME 225
TABLE 219 ELECSOME: COMPANY OVERVIEW 225
12.2.6 FABTECH 226
TABLE 220 FABTECH: COMPANY OVERVIEW 226
12.2.7 H&H PRO LIMITED 227
TABLE 221 H&H PRO LIMITED: COMPANY OVERVIEW 227
12.2.8 INTERCO TRADING, INC. 228
TABLE 222 INTERCO TRADING INC.: COMPANY OVERVIEW 228
12.2.9 SOLUCCIONA ENERGÍA 229
TABLE 223 SOLUCCIONA ENERGÍA: COMPANY OVERVIEW 229
12.2.10 RECYCLE SOLAR 230
TABLE 224 RECYCLE SOLAR: COMPANY OVERVIEW 230
12.2.11 IMMARK AG 231
TABLE 225 IMMARK AG: COMPANY OVERVIEW 231
12.2.12 COMMERCIAL SOLAR PANEL RECYCLING 232
TABLE 226 COMMERCIAL SOLAR PANEL RECYCLING: COMPANY OVERVIEW 232
12.2.13 RECYCLE1234.COM 233
TABLE 227 RECYCLE1234.COM: COMPANY OVERVIEW 233
12.2.14 SUNR 234
TABLE 228 SUNR: COMPANY OVERVIEW 234
12.2.15 YOUSOLAR SRL 235
TABLE 229 YOUSOLAR SRL: COMPANY OVERVIEW 235
13 APPENDIX 236
13.1 DISCUSSION GUIDE 236
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 239
13.3 CUSTOMIZATION OPTIONS 241
13.4 RELATED REPORTS 241
13.5 AUTHOR DETAILS 242