According to Latest study , the global market for Thermophotovoltaics should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
By country, China accounted for percent of the global market last year and China’s market share increased from percent to percent. China Thermophotovoltaics market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029. The United States Thermophotovoltaics market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
By segment, Power Plants grew percent to account for percent of the total market sales, and Glass Industry grew percent.
Thermophotovoltaics (TPV) is a technology that converts thermal radiation into electricity. TPV cells are made of semiconductor materials that absorb infrared radiation and convert it into electrical power. TPV system consists of four major components: generator, radiator, filter, and TPV cell.
This report studies and analyses global Thermophotovoltaics status and future trends, to help determine the Thermophotovoltaics market size of the total market opportunity by Type, by Application, by company, and by region & country. This report is a detailed and comprehensive analysis of the world market for Thermophotovoltaics, and provides market size (US$ million) and Year-over-Year growth, considering 2022 as the base year.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
To assess the competitive environment within the market including supplier revenue, market share, and company profiles.
Highlights
(1) Global Thermophotovoltaics market size, history data 2018-2023, and forecast data 2024-2029, (US$ million)
(2) Global Thermophotovoltaics by company, revenue, market share and industry ranking 2018-2023, (US$ million)
(3) China Thermophotovoltaics by company, revenue, market share and industry ranking 2018-2023, (US$ million)
(4) Global Thermophotovoltaics key consuming regions, consumption value and demand structure
(5) Thermophotovoltaics industry chains, upstream, midstream and downstream
Market segment by players, this report covers
Antora Energy
JX Crystals
II-VI Marlow
Thermo PV
COMSOL
Exide Technologies
Tesla Energy
General Electric
Curtiss-Wright Nuclear
Vattenfall
Market segment by Type, covers
Silicon Photovoltaic Cells
Crstalline Silicon Photovoltaic Cells
Thin-film Photovoltaic Cells
Others
Market segment by Application, can be divided into
Power Plants
Glass Industry
Mobile Power
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Report Includes:
Chapter 1: to describe Thermophotovoltaics product scope, global consumption value, China consumption value, development opportunities, challenges, trends, and policies.
Chapter 2: Global Thermophotovoltaics market share and ranking of major manufacturers, revenue, 2018-2023
Chapter 3: China Thermophotovoltaics market share and ranking of major manufacturers, revenue, 2018-2023
Chapter 4: Thermophotovoltaics industry chain, upstream, medium-stream, and downstream.
Chapter 5: Segment by Type, consumption value, percent & CAGR, 2018-2029
Chapter 6: Segment by Application, consumption value, percent & CAGR, 2018-2029
Chapter 7: Segment in regional level, consumption value, percent & CAGR, 2018-2029
Chapter 8: Segment in country level, consumption value, percent & CAGR, 2018-2029
Chapter 9: Company profile, introducing the basic situation of the main companies in the market in detail, including product specifications, application, recent development, revenue, gross margin.
Chapter 10: Conclusions
1 Market Overview
1.1 Thermophotovoltaics Definition
1.2 Global Thermophotovoltaics Market Size and Forecast
1.3 China Thermophotovoltaics Market Size and Forecast
1.4 China Percentage in Global Market
1.5 Thermophotovoltaics Market Size: China VS Global Growth Rate, 2018-2029
1.6 Thermophotovoltaics Market Dynamics
1.6.1 Thermophotovoltaics Market Drivers
1.6.2 Thermophotovoltaics Market Restraints
1.6.3 Thermophotovoltaics Industry Trends
1.6.4 Thermophotovoltaics Industry Policy
2 Global Leading Players and Market Share
2.1 By Revenue of Thermophotovoltaics, Global Market Share by Company, 2018-2023
2.2 Global Thermophotovoltaics Participants, Market Position (Tier 1, Tier 2, and Tier 3)
2.3 Global Thermophotovoltaics Concentration Ratio
2.4 Global Thermophotovoltaics Mergers & Acquisitions, Expansion Plans
2.5 Global Thermophotovoltaics Major Companies Product Type
2.6 Head Office and Thermophotovoltaics Production Site of Key Manufacturer
3 China Leading Players, Market Share and Ranking
3.1 By Revenue of Thermophotovoltaics, China Market Share by Company, 2018-2023
3.2 China Thermophotovoltaics Participants, Market Position (Tier 1, Tier 2, and Tier 3)
4 Industry Chain Analysis
4.1 Thermophotovoltaics Industry Chain
4.2 Thermophotovoltaics Upstream Analysis
4.2.1 Thermophotovoltaics Core Raw Materials
4.2.2 Main Manufacturers of Thermophotovoltaics Core Raw Materials
4.3 Midstream Analysis
4.4 Downstream Analysis
4.5 Thermophotovoltaics Production Mode
4.6 Thermophotovoltaics Procurement Model
4.7 Thermophotovoltaics Industry Sales Model and Sales Channels
4.7.1 Thermophotovoltaics Sales Model
4.7.2 Thermophotovoltaics Typical Distributors
5 Sights by Type
5.1 Thermophotovoltaics Classification
5.1.1 Silicon Photovoltaic Cells
5.1.2 Crstalline Silicon Photovoltaic Cells
5.1.3 Thin-film Photovoltaic Cells
5.1.4 Others
5.2 By Type, Global Thermophotovoltaics Consumption Value & CAGR, 2018 VS 2022 VS 2029
5.3 By Type, Global Thermophotovoltaics Consumption Value, 2018-2029
6 Sights by Application
6.1 Thermophotovoltaics Segment by Application
6.1.1 Power Plants
6.1.2 Glass Industry
6.1.3 Mobile Power
6.2 By Application, Global Thermophotovoltaics Consumption Value & CAGR, 2018 VS 2022 VS 2029
6.3 By Application, Global Thermophotovoltaics Consumption Value, 2018-2029
7 Sales Sights by Region
7.1 By Region, Global Thermophotovoltaics Consumption Value, 2018 VS 2022 VS 2029
7.2 By Region, Global Thermophotovoltaics Consumption Value, 2018-2029
7.3 North America
7.3.1 North America Thermophotovoltaics & Forecasts, 2018-2029
7.3.2 By Country, North America Thermophotovoltaics Market Size Market Share
7.4 Europe
7.4.1 Europe Thermophotovoltaics Market Size & Forecasts, 2018-2029
7.4.2 By Country, Europe Thermophotovoltaics Market Size Market Share
7.5 Asia Pacific
7.5.1 Asia Pacific Thermophotovoltaics Market Size & Forecasts, 2018-2029
7.5.2 By Country/Region, Asia Pacific Thermophotovoltaics Market Size Market Share
7.6 South America
7.6.1 South America Thermophotovoltaics Market Size & Forecasts, 2018-2029
7.6.2 By Country, South America Thermophotovoltaics Market Size Market Share
7.7 Middle East & Africa
8 Sales Sights by Country Level
8.1 By Country, Global Thermophotovoltaics Market Size & CAGR, 2018 VS 2022 VS 2029
8.2 By Country, Global Thermophotovoltaics Consumption Value, 2018-2029
8.3 U.S.
8.3.1 U.S. Thermophotovoltaics Market Size, 2018-2029
8.3.2 By Type, U.S. Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
8.3.3 By Application, U.S. Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
8.4 Europe
8.4.1 Europe Thermophotovoltaics Market Size, 2018-2029
8.4.2 By Type, Europe Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
8.4.3 By Application, Europe Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
8.5 China
8.5.1 China Thermophotovoltaics Market Size, 2018-2029
8.5.2 By Type, China Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
8.5.3 By Application, China Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
8.6 Japan
8.6.1 Japan Thermophotovoltaics Market Size, 2018-2029
8.6.2 By Type, Japan Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
8.6.3 By Application, Japan Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
8.7 South Korea
8.7.1 South Korea Thermophotovoltaics Market Size, 2018-2029
8.7.2 By Type, South Korea Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
8.7.3 By Application, South Korea Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
8.8 Southeast Asia
8.8.1 Southeast Asia Thermophotovoltaics Market Size, 2018-2029
8.8.2 By Type, Southeast Asia Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
8.8.3 By Application, Southeast Asia Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
8.9 India
8.9.1 India Thermophotovoltaics Market Size, 2018-2029
8.9.2 By Type, India Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
8.9.3 By Application, India Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
8.10 Middle East & Africa
8.10.1 Middle East & Africa Thermophotovoltaics Market Size, 2018-2029
8.10.2 By Type, Middle East & Africa Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
8.10.3 By Application, Middle East & Africa Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
9 Company Profile
9.1 Antora Energy
9.1.1 Antora Energy Company Information, Head Office, Market Area and Industry Position
9.1.2 Antora Energy Company Profile and Main Business
9.1.3 Antora Energy Thermophotovoltaics Models, Specifications and Application
9.1.4 Antora Energy Thermophotovoltaics Revenue and Gross Margin, 2018-2023
9.1.5 Antora Energy Recent Developments
9.2 JX Crystals
9.2.1 JX Crystals Company Information, Head Office, Market Area and Industry Position
9.2.2 JX Crystals Company Profile and Main Business
9.2.3 JX Crystals Thermophotovoltaics Models, Specifications and Application
9.2.4 JX Crystals Thermophotovoltaics Revenue and Gross Margin, 2018-2023
9.2.5 JX Crystals Recent Developments
9.3 II-VI Marlow
9.3.1 II-VI Marlow Company Information, Head Office, Market Area and Industry Position
9.3.2 II-VI Marlow Company Profile and Main Business
9.3.3 II-VI Marlow Thermophotovoltaics Models, Specifications and Application
9.3.4 II-VI Marlow Thermophotovoltaics Revenue and Gross Margin, 2018-2023
9.3.5 II-VI Marlow Recent Developments
9.4 Thermo PV
9.4.1 Thermo PV Company Information, Head Office, Market Area and Industry Position
9.4.2 Thermo PV Company Profile and Main Business
9.4.3 Thermo PV Thermophotovoltaics Models, Specifications and Application
9.4.4 Thermo PV Thermophotovoltaics Revenue and Gross Margin, 2018-2023
9.4.5 Thermo PV Recent Developments
9.5 COMSOL
9.5.1 COMSOL Company Information, Head Office, Market Area and Industry Position
9.5.2 COMSOL Company Profile and Main Business
9.5.3 COMSOL Thermophotovoltaics Models, Specifications and Application
9.5.4 COMSOL Thermophotovoltaics Revenue and Gross Margin, 2018-2023
9.5.5 COMSOL Recent Developments
9.6 Exide Technologies
9.6.1 Exide Technologies Company Information, Head Office, Market Area and Industry Position
9.6.2 Exide Technologies Company Profile and Main Business
9.6.3 Exide Technologies Thermophotovoltaics Models, Specifications and Application
9.6.4 Exide Technologies Thermophotovoltaics Revenue and Gross Margin, 2018-2023
9.6.5 Exide Technologies Recent Developments
9.7 Tesla Energy
9.7.1 Tesla Energy Company Information, Head Office, Market Area and Industry Position
9.7.2 Tesla Energy Company Profile and Main Business
9.7.3 Tesla Energy Thermophotovoltaics Models, Specifications and Application
9.7.4 Tesla Energy Thermophotovoltaics Revenue and Gross Margin, 2018-2023
9.7.5 Tesla Energy Recent Developments
9.8 General Electric
9.8.1 General Electric Company Information, Head Office, Market Area and Industry Position
9.8.2 General Electric Company Profile and Main Business
9.8.3 General Electric Thermophotovoltaics Models, Specifications and Application
9.8.4 General Electric Thermophotovoltaics Revenue and Gross Margin, 2018-2023
9.8.5 General Electric Recent Developments
9.9 Curtiss-Wright Nuclear
9.9.1 Curtiss-Wright Nuclear Company Information, Head Office, Market Area and Industry Position
9.9.2 Curtiss-Wright Nuclear Company Profile and Main Business
9.9.3 Curtiss-Wright Nuclear Thermophotovoltaics Models, Specifications and Application
9.9.4 Curtiss-Wright Nuclear Thermophotovoltaics Revenue and Gross Margin, 2018-2023
9.9.5 Curtiss-Wright Nuclear Recent Developments
9.10 Vattenfall
9.10.1 Vattenfall Company Information, Head Office, Market Area and Industry Position
9.10.2 Vattenfall Company Profile and Main Business
9.10.3 Vattenfall Thermophotovoltaics Models, Specifications and Application
9.10.4 Vattenfall Thermophotovoltaics Revenue and Gross Margin, 2018-2023
9.10.5 Vattenfall Recent Developments
10 Conclusion
11 Appendix
11.1 Research Methodology
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Market Estimation Model
11.4 Disclaimer
Table 1. Thermophotovoltaics Consumption Value & CAGR: China VS Global, 2018-2029, US$ Million
Table 2. Thermophotovoltaics Market Restraints
Table 3. Thermophotovoltaics Market Trends
Table 4. Thermophotovoltaics Industry Policy
Table 5. Global Thermophotovoltaics Revenue by Company, 2018-2023, US$ million, Ranked Based on Revenue in 2022
Table 6. Global Thermophotovoltaics Revenue Share by Company, 2018-2023, Ranked by Data of 2022
Table 7. Global Thermophotovoltaics Manufacturers Market Concentration Ratio (CR3 and HHI)
Table 8. Global Thermophotovoltaics Mergers & Acquisitions, Expansion Plans
Table 9. Global Thermophotovoltaics Major Companies Product Type
Table 10. Head Office and Area Served of Key Players
Table 11. China Thermophotovoltaics Revenue by Company, 2018-2023, US$ million, Ranked Based on Revenue in 2022
Table 12. China Thermophotovoltaics Revenue Market Share by Company, 2018-2023
Table 13. Global Key Players of Thermophotovoltaics Upstream (Raw Materials)
Table 14. Global Thermophotovoltaics Typical Customers
Table 15. Thermophotovoltaics Typical Distributors
Table 16. By Type, Global Thermophotovoltaics Consumption Value & CAGR, 2018 VS 2022 VS 2029, US$ Million
Table 17. By Application, Global Thermophotovoltaics Consumption Value & CAGR, 2018 VS 2022 VS 2029, US$ Million
Table 18. By Region, Global Thermophotovoltaics Consumption Value, 2018 VS 2022 VS 2029, US$ Million
Table 19. By Region, Global Thermophotovoltaics Consumption Value, 2018-2029, US$ Million
Table 20. By Country, Global Thermophotovoltaics Consumption Value & CAGR, 2018 VS 2022 VS 2029, US$ Million
Table 21. By Country, Global Thermophotovoltaics Consumption Value, 2018-2029, US$ Million
Table 22. By Country, Global Thermophotovoltaics Consumption Value Market Share, 2018-2029
Table 23. Antora Energy Company Information, Head Office, Market Area and Industry Position
Table 24. Antora Energy Company Profile and Main Business
Table 25. Antora Energy Thermophotovoltaics Models, Specifications, and Application
Table 26. Antora Energy Thermophotovoltaics Revenue and Gross Margin, US$ Million, 2018-2023
Table 27. Antora Energy Recent Developments
Table 28. JX Crystals Company Information, Head Office, Market Area and Industry Position
Table 29. JX Crystals Company Profile and Main Business
Table 30. JX Crystals Thermophotovoltaics Models, Specifications, and Application
Table 31. JX Crystals Thermophotovoltaics Revenue and Gross Margin, US$ Million, 2018-2023
Table 32. JX Crystals Recent Developments
Table 33. II-VI Marlow Company Information, Head Office, Market Area and Industry Position
Table 34. II-VI Marlow Company Profile and Main Business
Table 35. II-VI Marlow Thermophotovoltaics Models, Specifications, and Application
Table 36. II-VI Marlow Thermophotovoltaics Revenue and Gross Margin, US$ Million, 2018-2023
Table 37. II-VI Marlow Recent Developments
Table 38. Thermo PV Company Information, Head Office, Market Area and Industry Position
Table 39. Thermo PV Company Profile and Main Business
Table 40. Thermo PV Thermophotovoltaics Models, Specifications, and Application
Table 41. Thermo PV Thermophotovoltaics Revenue and Gross Margin, US$ Million, 2018-2023
Table 42. Thermo PV Recent Developments
Table 43. COMSOL Company Information, Head Office, Market Area and Industry Position
Table 44. COMSOL Company Profile and Main Business
Table 45. COMSOL Thermophotovoltaics Models, Specifications, and Application
Table 46. COMSOL Thermophotovoltaics Revenue and Gross Margin, US$ Million, 2018-2023
Table 47. COMSOL Recent Developments
Table 48. Exide Technologies Company Information, Head Office, Market Area and Industry Position
Table 49. Exide Technologies Company Profile and Main Business
Table 50. Exide Technologies Thermophotovoltaics Models, Specifications, and Application
Table 51. Exide Technologies Thermophotovoltaics Revenue and Gross Margin, US$ Million, 2018-2023
Table 52. Exide Technologies Recent Developments
Table 53. Tesla Energy Company Information, Head Office, Market Area and Industry Position
Table 54. Tesla Energy Company Profile and Main Business
Table 55. Tesla Energy Thermophotovoltaics Models, Specifications, and Application
Table 56. Tesla Energy Thermophotovoltaics Revenue and Gross Margin, US$ Million, 2018-2023
Table 57. Tesla Energy Recent Developments
Table 58. General Electric Company Information, Head Office, Market Area and Industry Position
Table 59. General Electric Company Profile and Main Business
Table 60. General Electric Thermophotovoltaics Models, Specifications, and Application
Table 61. General Electric Thermophotovoltaics Revenue and Gross Margin, US$ Million, 2018-2023
Table 62. General Electric Recent Developments
Table 63. Curtiss-Wright Nuclear Company Information, Head Office, Market Area and Industry Position
Table 64. Curtiss-Wright Nuclear Company Profile and Main Business
Table 65. Curtiss-Wright Nuclear Thermophotovoltaics Models, Specifications, and Application
Table 66. Curtiss-Wright Nuclear Thermophotovoltaics Revenue and Gross Margin, US$ Million, 2018-2023
Table 67. Curtiss-Wright Nuclear Recent Developments
Table 68. Vattenfall Company Information, Head Office, Market Area and Industry Position
Table 69. Vattenfall Company Profile and Main Business
Table 70. Vattenfall Thermophotovoltaics Models, Specifications, and Application
Table 71. Vattenfall Thermophotovoltaics Revenue and Gross Margin, US$ Million, 2018-2023
Table 72. Vattenfall Recent Developments
List of Figures
Figure 1. Thermophotovoltaics Picture
Figure 2. Global Thermophotovoltaics Consumption Value, (US$ million) & (2018-2029)
Figure 3. China Thermophotovoltaics Consumption Value, (US$ million) & (2018-2029)
Figure 4. By Consumption Value, China Thermophotovoltaics Market Share of Global, 2018-2029
Figure 5. Global Thermophotovoltaics Market Share by Company, (Tier 1, Tier 2, and Tier 3), 2022
Figure 6. China Thermophotovoltaics Key Participants, Market Share, 2022
Figure 7. Thermophotovoltaics Industry Chain
Figure 8. Thermophotovoltaics Procurement Model
Figure 9. Thermophotovoltaics Sales Model
Figure 10. Thermophotovoltaics Sales Channels, Direct Sales, and Distribution
Figure 11. Silicon Photovoltaic Cells
Figure 12. Crstalline Silicon Photovoltaic Cells
Figure 13. Thin-film Photovoltaic Cells
Figure 14. Others
Figure 15. By Type, Global Thermophotovoltaics Consumption Value, 2018-2029, US$ Million
Figure 16. By Type, Global Thermophotovoltaics Consumption Value Market Share, 2018-2029
Figure 17. Power Plants
Figure 18. Glass Industry
Figure 19. Mobile Power
Figure 20. By Application, Global Thermophotovoltaics Consumption Value, 2018-2029, US$ Million
Figure 21. By Application, Global Thermophotovoltaics Consumption Value Market Share, 2018-2029
Figure 22. By Region, Global Thermophotovoltaics Consumption Value Market Share, 2018-2029
Figure 23. North America Thermophotovoltaics Consumption Value & Forecasts, 2018-2029, US$ Million
Figure 24. By Country, North America Thermophotovoltaics Consumption Value Market Share, 2022
Figure 25. Europe Thermophotovoltaics Consumption Value & Forecasts, 2018-2029, US$ Million
Figure 26. By Country, Europe Thermophotovoltaics Consumption Value Market Share, 2022
Figure 27. Asia Pacific Thermophotovoltaics Consumption Value & Forecasts, 2018-2029, US$ Million
Figure 28. By Country/Region, Asia Pacific Thermophotovoltaics Consumption Value Market Share, 2022
Figure 29. South America Thermophotovoltaics Consumption Value & Forecasts, 2018-2029, US$ Million
Figure 30. By Country, South America Thermophotovoltaics Consumption Value Market Share, 2022
Figure 31. Middle East & Africa Thermophotovoltaics Consumption Value & Forecasts, 2018-2029, US$ Million
Figure 32. U.S. Thermophotovoltaics Consumption Value, 2018-2029, US$ Million
Figure 33. By Type, U.S. Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
Figure 34. By Application, U.S. Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
Figure 35. Europe Thermophotovoltaics Consumption Value, 2018-2029, US$ Million
Figure 36. By Type, Europe Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
Figure 37. By Application, Europe Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
Figure 38. China Thermophotovoltaics Consumption Value, 2018-2029, US$ Million
Figure 39. By Type, China Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
Figure 40. By Application, China Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
Figure 41. Japan Thermophotovoltaics Consumption Value, 2018-2029, US$ Million
Figure 42. By Type, Japan Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
Figure 43. By Application, Japan Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
Figure 44. South Korea Thermophotovoltaics Consumption Value, 2018-2029, US$ Million
Figure 45. By Type, South Korea Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
Figure 46. By Application, South Korea Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
Figure 47. Southeast Asia Thermophotovoltaics Consumption Value, 2018-2029, US$ Million
Figure 48. By Type, Southeast Asia Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
Figure 49. By Application, Southeast Asia Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
Figure 50. India Thermophotovoltaics Consumption Value, 2018-2029, US$ Million
Figure 51. By Type, India Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
Figure 52. By Application, India Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
Figure 53. Middle East & Africa Thermophotovoltaics Consumption Value, 2018-2029, US$ Million
Figure 54. By Type, Middle East & Africa Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
Figure 55. By Application, Middle East & Africa Thermophotovoltaics Consumption Value Market Share, 2022 VS 2029
Figure 56. Research Methodology
Figure 57. Breakdown of Primary Interviews
Figure 58. Bottom-up and Top-down Approaches
Figure 59. Top-down Approaches
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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