What is Solar Silicon Wafer?
A solar wafer is a thin piece of crystalline silicon that serves as a foundation for microeconomic devices. It is utilized to create integrated circuits in photovoltaics, which is the industry that makes solar cells. Such wafers are crucial to photovoltaic manufacture and the PV power generating system in order to transform solar energy directly into electrical energy. The wafer is formed into a circular disc for solar system applications using high-purity silicon material. A thin piece of crystalline silicon known as a solar silicon wafer is used as a substrate in microeconomic devices to create integrated circuits in the production of solar cells. To boost the performance of solar cells and solar modules, these wafers need materials that are exceptionally pure and devoid of flaws.
The main factors driving the solar silicon wafer market
Increasing use of electrical energy generated from renewable energy sources is predicted to lead to significant growth in the global market for solar silicon wafers. Additional major factors influencing the solar silicon wafer market are increasing population expansion, rapid industrialization in developing nations, and key market players focusing on the production of environmentally beneficial products. The production of large (M12) solar silicon wafers for improving the energy conversion efficiency of mono-Si and lower associated costs, which will help the market expand. In addition, strict government regulations to lower greenhouse gas emissions will boost demand for solar silicon wafers. Moreover, rising solar installations in the commercial, and residential sectors and the rapidly expanding automobile industry with wide application of silicon wafers in electric vehicles are factors that are increasing the growth of the market.
The solar silicon wafer market offers substantial opportunities.
There are numerous prospects for the expansion of the worldwide solar silicon wafer market because of technological improvements and the growing emphasis on using renewable energy sources. The use of silicon wafers in advanced driver assistance systems (ADAS), touch-free human-machine interfaces, adaptive cruise control, and automatic braking systems in cars is growing, which is boosting market expansion. The target market will continue to be driven by Industry 4.0 technologies' increasing adoption, such as IoT, AI, machine learning, etc., in the upcoming years.
Conclusion
Solar silicon wafers combine durability, high productivity, and affordability. The use of the solar silicon wafer is also being pushed by the growing understanding of silicon wafers' high band efficiency, steady operations, and lack of toxicity.
Author's Details-
Gunjan Choudhari/Linked in
Over 5 years of experience as Research analyst in electronics industry with a demonstrated history of working in the market research. Skilled in Strategic analysis, Market Assessment, analysing key issues impacting to the markets, Competitive Landscaping, Qualitative & Quantitative Research Methodologies, Market Estimation & Forecasting.
Author's Detail:
Gunjan Chaudhary /
LinkedIn
Over 5 years of experience as Research analyst in electronics industry with a demonstrated history of working in the market research. Skilled in Strategic analysis, Market Assessment, analysing key issues impacting to the markets, Competitive Landscaping, Qualitative & Quantitative Research Methodologies, Market Estimation & Forecasting.
