According to the report published by Allied Market Research, the global solar panel cleaning market generated $0.6 billion in 2021, and is projected to reach $1.1 billion by 2031, growing at a CAGR of 6.8% from 2022 to 2031.
The market across the Asia-Pacific region held the major market share in 2021, accounting for more than two-fifths of the global solar panel cleaning market share, and is expected to maintain its leadership status during the forecast period. In addition, the same region is expected to cite the fastest CAGR of 7.2% during the forecast period.
In terms of technology, the wet cleaning segment held the major market share in 2021, capturing nearly three-fourths of the global solar panel cleaning market share, and is expected to maintain its leadership status during the forecast period. The same segment, on the other hand, is expected to cite the fastest CAGR of 7.1% during the forecast period. The report also includes other segments such as dry cleaning.
Based on process, the semi-automated segment held the largest market share in 2021, holding nearly two-fifths of the global solar panel cleaning market share, and is expected to maintain its leadership status during the forecast period. The same segment, on the other hand, is expected to cite the highest CAGR of 7.1% during the forecast period. The report also includes other segments such as water brushes, electrostatic, automated robotic, and others.
On basis of application, the industrial and utility segment held the major market share in 2021, grabbing more than two-fifths of the global solar panel cleaning market share, and is expected to maintain its leadership status during the forecast period. The same segment, on the other hand, is expected to cite the fastest CAGR of 7.0% during the forecast period. The report also includes the residential and commercial segments.