Solar Tubes Market Key Highlights:
- Market Size (2024): USD 277,16 Million
- Projected Market Size (2034): USD 525,17 Million
- CAGR (2023-2034): 6.6%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Solar Tubes Market Definition
Solar tubes provide daylight in the premises through the roof when there is unavailability of enough sunlight getting through the windows. They are also known are sun tunnels, light tubes or daylight pipes which direct outside daylight into the house. Compared to traditional skylights, solar tubes are much more affordable and easier to install. a professional solar tube costs about $750 apiece and an average skylight costs about $1500 to $2500. The solar tubes market expansion can be attributed to the rapid urbanization and increasing population of metro cities.
However, this comes with drawbacks such as solar panels limiting the view of the outside world. Skylights offer a more glorious experience of the natural surroundings than solar tubes. Apart from those solar tubes have a positive health effect. According to the National Institute of Health, 42% of Americans are deficient in vitamin D. Installation of solar tubes offers a source of natural Vitamin D which helps boost the immune system, mood, and musculoskeletal health. The solar tubes market is expected to grow with advanced technologies catering for more efficient and versatile results. The integration of innovative materials and design will lead to increasing the light output.
Solar Tubes Market Segmentation:
By Type
- Daylight Dimmer System
- Solar NightLight System
- Others
By Application
Solar Tubes Market Companies:
- Solatube
- Velux
- Chatron Lda
- FAKRO
- AllSunny
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