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> Information and Communications Technology > Solar Charge Controller Market
Information and Communications Technology IC0090 January 2020 Share

Solar Charge Controller Market

The Solar Charge Controller market is expected to grow from USD 1.43 billion in 2019 to USD 4.04 billion by 2025 at a CAGR of 16% from 2020 to 2026.

A solar charge controller, also known as solar controller, is significantly utilized in off-network solar systems and structures a vital piece of these systems.  These controllers are likewise utilized as battery reinforcement in matrices that are associated with solar systems. The working rule of this controller is to change, direct and control the stream of the current created from solar panels and pass it to the associated batteries with the end goal to prevent overcharging or excessive discharging.

The global market is segregated on the basis of Product as Pulse-Width Modulation (PWM) Charge Controller and Maximum Power Point Tracking (MPPT) Charge Controller. Based on Application the global market is segmented in Residential, Commercial, and Industrial.

The global market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

SUNGROW, Morningstar, Beijing Epsolar Technology, Wenzhou Xihe Electric, ShenZhen Alenson Electronic, Arise India, Centralion Industrial, Luminous India, Genasun, Schneider Electric, and others are among the major players in the global market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

The global Solar Charge Controller market has been segmented as below:

By Product

  • Pulse-Width Modulation (PWM) Charge Controller
  • Maximum Power Point Tracking (MPPT) Charge Controller

By Application

  • Residential
  • Commercial
  • Industrial

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

By Company

  • SUNGROW
  • Morningstar
  • Beijing Epsolar Technology
  • Wenzhou Xihe Electric
  • ShenZhen Alenson Electronic
  • Arise India
  • Centralion Industrial
  • Luminous India
  • Genasun
  • Schneider Electric
  • Microtek
  • Su-Kam Power Systems
  • Steca Elektronik
  • Shuori New Energy and Victron Energy

The report covers the below scope:

  • Global Solar Charge Controller market sizes from 2019 to 2025, along with CAGR for 2020-2025
  • Market size comparison for 2020 vs 2025, with actual data for 2020, estimates for 2021 and forecast from 2021 to 2025
  • Global market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

  • Base year - 2019
  • Estimated year - 2020
  • Projected year - 2021
  • Forecast period - 2021 to 2025

Report Scope:

The global market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global market share. Major industry players with significant revenue share include SUNGROW, Morningstar, Beijing Epsolar Technology, Wenzhou Xihe Electric, ShenZhen Alenson Electronic, Arise India, Centralion Industrial, Luminous India, Genasun, Schneider Electric, and others.

Why to Buy this Report:

  • Gain detailed insights on the Solar Charge Controller industry trends
  • Find complete analysis on the market status
  • Identify the market opportunities and growth segments
  • Analyse competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

The report targeted towards the existing players in the industry is as follows:

  • Market Manufacturers/Service Providers
  • Market Wholesale/Traders
  • Investment and Financial Institutions

Free and Paid Customization based on the requirement

Report Content

  1. Introduction

            1.1 Key Insights

            1.2 Report Overview

            1.3 Markets Covered

            1.4 Stakeholders

  1. Research Methodology

            2.1 Research Scope

            2.2 Market Research Process

            2.3 Research Data Analysis

                        2.4.1 Secondary Research

                        2.4.2 Primary Research

                        2.4.3 Models for Estimation

            2.5 Market Size Estimation

                        2.5.1 Bottom-Up Approach - Segmental Market Analysis

                        2.5.2 Top-Down Approach - Parent Market Analysis

  1. Executive Summary
  2. Market Overview

            4.1 Introduction

                        4.2.1 Drivers

  • Growing investment in renewable storage solutions
  • Growing advancement of off-grid electrical systems and rising solar energy vitality establishments

                        4.2.2 Restraints

  • Cost of Solar Charge is Controllers is high than Traditional Counterparts
  • High maintenance cost

                        4.2.3 Opportunities

  • Steps taken by global bodies and governments to spread awareness and knowledge regarding renewable energy sources

                        4.2.4 Challenges

            4.2 Porter''s Five Force Analysis

  1. Solar Charge Controller Market, By Product

            5.1 Introduction

            5.2 Pulse-Width Modulation (PWM) Charge Controller

                        5.2.1 Market Overview

                        5.2.2 Market Size and Forecast

            5.3 Maximum Power Point Tracking (MPPT) Charge Controller

                        5.3.1 Market Overview

                        5.3.2 Market Size and Forecast

  1. Solar Charge Controller Market, By Application

            6.1 Introduction

            6.2 Residential

                        6.2.1 Market Overview

                        6.2.2 Market Size and Forecast

            6.3 Commercial

                        6.3.1 Market Overview

                        6.3.2 Market Size and Forecast

            6.4 Industrial

                        6.4.1 Market Overview

                        6.4.2 Market Size and Forecast

  1. Solar Charge Controller Market, By Geography

            7.1 Introduction

            7.2 North America

                        7.2.1 North America Market, By Product

                        7.2.2 North America Market, By Application

            7.3 Europe

                        7.3.1 Europe Market, By Product

                        7.3.2 Europe Market, By Application

            7.4 Asia-Pacific

                        7.4.1 Asia-Pacific Market, By Product

                        7.4.2 Asia-Pacific Market, By Application

            7.5 Rest of the World

                        7.5.1 Rest of the World Market, By Product

                        7.5.2 Rest of the World Market, By Application

  1. Competitive Insights

            8.1 Key Insights

            8.2 Company Market Share Analysis

            8.3 Strategic Outlook

                        8.3.1 Mergers & Acquisitions

                        8.3.2 New Product Development

                        8.3.3 Portfolio/Production Capacity Expansions

                        8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements

                        8.3.5 Others

  1. Company Profiles
  • SUNGROW
  • Morningstar
  • Beijing Epsolar Technology
  • Wenzhou Xihe Electric
  • ShenZhen Alenson Electronic
  • Arise India
  • Centralion Industrial
  • Luminous India
  • Genasun
  • Schneider Electric
  • Microtek
  • Su-Kam Power Systems
  • Steca Elektronik
  • Shuori New Energy and Victron Energy

The global Solar Charge Controller market has been segmented as below:

By Product

  • Pulse-Width Modulation (PWM) Charge Controller
  • Maximum Power Point Tracking (MPPT) Charge Controller

By Application

  • Residential
  • Commercial
  • Industrial

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

By Company

  • SUNGROW
  • Morningstar
  • Beijing Epsolar Technology
  • Wenzhou Xihe Electric
  • ShenZhen Alenson Electronic
  • Arise India
  • Centralion Industrial
  • Luminous India
  • Genasun
  • Schneider Electric
  • Microtek
  • Su-Kam Power Systems
  • Steca Elektronik
  • Shuori New Energy and Victron Energy

FAQ's

The global Solar Charge Controller market is estimated to grow at CAGR of 16% throughout the forecasting period.

The global Solar Charge Controller market size is expected to surpass USD 1.43 billion by 2026.

The global Solar Charge Controller market size is expected to surpass USD 4.04 billion by 2026.

SUNGROW, Morningstar, Beijing Epsolar Technology, Wenzhou Xihe Electric, ShenZhen Alenson Electronic, Arise India, Centralion Industrial, Luminous India, Genasun, Schneider Electric, are among the key players in the global Solar Charge Controller market. We provide a minimum 14 company profile in this report.

Pulse Width Modulation (PWM) solar charge controller market is set to grow share in 2019.

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