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Asia Pacific Power Optimizer Market Size, Share & Industry Trends Analysis Report By Connectivity (On-grid and Standalone), By Application (Utility, Commercial and Residential), By End Use, By Country and Growth Forecast, 2022 - 2028

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    Report

  • 80 Pages
  • July 2022
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5645383
The Asia Pacific Power Optimizer Market is expected to witness market growth of 10.8% CAGR during the forecast period (2022-2028).

Independent solar power systems are crucial for increasing energy availability in many places, including South Asia nation. As these systems deliver low management and maintenance expenses for the installation of solar panels, the private investors have adopted the standalone solutions as sustainable alternatives for electricity access, which is likely to grow the market for power optimizers.

The market will be driven by increasing public awareness of the adoption of low carbon-intensive technology to reduce GHG emissions. Government incentives and tax breaks that encourage the use of solar power in emerging nations also have a favorable effect on the market's growth. Some power optimizers are made to work with a central inverter from the same manufacturer, enabling the inverter to speak with the optimizers and ensure that it receives the same voltage level from the panel string every time.

As of April 2022, India's telecom sector had 1.17 billion users (wireless Plus wireline subscribers), making it the second-largest telecom industry in the world. India has an aggregate teledensity of 84.88%. The rural market, which is mostly untapped, has a teledensity of 58.16%, and the urban market has a teledensity of 134.70%. The total number of internet users, including narrowband and broadband subscribers, reached 829.3 million by the end of December 2021, with 37.25% of those users living in rural areas. As of April 2022, there were 788.77 million broadband customers. Additionally, the average monthly data usage per wireless data subscriber has climbed by 22,605%, from 61.66 MB in March 2014 to 14.97 GB in December 2021.

The China market dominated the Asia Pacific Power Optimizer Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $566 million by 2028 period. The Japan market is estimated to grow a CAGR of 10.1% during (2022 - 2028). Additionally, The India market is expected to experience a CAGR of 11.5% during (2022 - 2028).

Based on Connectivity, the market is segmented into On-grid and Standalone. Based on Application, the market is segmented into Utility, Commercial and Residential. Based on End Use, the market is segmented into Module Level MPPT, Advanced Power Line Communication, Monitoring Components, Safety Shutdown Components and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Delta Electronics, Inc., SunPower Corporation, KACO new energy GmbH, Alencon Systems, LLC, SolarEdge Technologies, Inc., Enphase Energy, Inc., Tigo Energy, Inc., Altenergy Power System, Inc., Solantro Semiconductor Corp., and Sparq Systems Inc.

Scope of the Study

Market Segments Covered in the Report:

By Connectivity

  • On-grid
  • Standalone

By Application

  • Utility
  • Commercial
  • Residential

By End Use

  • Module Level MPPT
  • Advanced Power Line Communication
  • Monitoring Components
  • Safety Shutdown Components
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Delta Electronics, Inc.
  • SunPower Corporation
  • KACO new energy GmbH
  • Alencon Systems, LLC
  • SolarEdge Technologies, Inc.
  • Enphase Energy, Inc.
  • Tigo Energy, Inc.
  • Altenergy Power System, Inc.
  • Solantro Semiconductor Corp.
  • Sparq Systems Inc.

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  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
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  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Power Optimizer Market, by Connectivity
1.4.2 Asia Pacific Power Optimizer Market, by Application
1.4.3 Asia Pacific Power Optimizer Market, by End Use
1.4.4 Asia Pacific Power Optimizer Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Recent Strategies deployed in Power Optimizer Market
Chapter 4. Asia Pacific Power Optimizer Market by Connectivity
4.1 Asia Pacific On-grid Market by Country
4.2 Asia Pacific Standalone Market by Country
Chapter 5. Asia Pacific Power Optimizer Market by Application
5.1 Asia Pacific Utility Market by Country
5.2 Asia Pacific Commercial Market by Country
5.3 Asia Pacific Residential Market by Country
Chapter 6. Asia Pacific Power Optimizer Market by End Use
6.1 Asia Pacific Module Level MPPT Market by Country
6.2 Asia Pacific Advanced Power Line Communication Market by Country
6.3 Asia Pacific Monitoring Components Market by Country
6.4 Asia Pacific Safety Shutdown Components Market by Country
6.5 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Power Optimizer Market by Country
7.1 China Power Optimizer Market
7.1.1 China Power Optimizer Market by Connectivity
7.1.2 China Power Optimizer Market by Application
7.1.3 China Power Optimizer Market by End Use
7.2 Japan Power Optimizer Market
7.2.1 Japan Power Optimizer Market by Connectivity
7.2.2 Japan Power Optimizer Market by Application
7.2.3 Japan Power Optimizer Market by End Use
7.3 India Power Optimizer Market
7.3.1 India Power Optimizer Market by Connectivity
7.3.2 India Power Optimizer Market by Application
7.3.3 India Power Optimizer Market by End Use
7.4 South Korea Power Optimizer Market
7.4.1 South Korea Power Optimizer Market by Connectivity
7.4.2 South Korea Power Optimizer Market by Application
7.4.3 South Korea Power Optimizer Market by End Use
7.5 Singapore Power Optimizer Market
7.5.1 Singapore Power Optimizer Market by Connectivity
7.5.2 Singapore Power Optimizer Market by Application
7.5.3 Singapore Power Optimizer Market by End Use
7.6 Malaysia Power Optimizer Market
7.6.1 Malaysia Power Optimizer Market by Connectivity
7.6.2 Malaysia Power Optimizer Market by Application
7.6.3 Malaysia Power Optimizer Market by End Use
7.7 Rest of Asia Pacific Power Optimizer Market
7.7.1 Rest of Asia Pacific Power Optimizer Market by Connectivity
7.7.2 Rest of Asia Pacific Power Optimizer Market by Application
7.7.3 Rest of Asia Pacific Power Optimizer Market by End Use
Chapter 8. Company Profiles
8.1 Delta Electronics, Inc. (Delta Energy systems GmbH)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.2 SunPower Corporation (Infineon Technologies AG)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Acquisition and Mergers:
8.3 KACO new energy GmbH (Siemens AG)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.4 Alencon Systems, LLC
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Partnerships, Collaborations, and Agreements:
8.4.2.2 Geographical Expansions:
8.5 SolarEdge Technologies, Inc.
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.5.2.2 Product Launches and Product Expansions:
8.6 Enphase Energy, Inc.
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Partnerships, Collaborations, and Agreements:
8.6.2.2 Acquisition and Mergers:
8.6.2.3 Geographical Expansions:
8.7 Tigo Energy, Inc.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.7.2.2 Product Launches and Product Expansions:
8.8 Altenergy Power System, Inc.
8.8.1 Company Overview
8.9 Solantro Semiconductor Corp. (Huada Semiconductor Co., Ltd.)
8.9.1 Company Overview
8.10. Sparq Systems Inc.
8.10.1 Company Overview

Companies Mentioned

  • Delta Electronics, Inc.
  • SunPower Corporation
  • KACO new energy GmbH
  • Alencon Systems, LLC
  • SolarEdge Technologies, Inc.
  • Enphase Energy, Inc.
  • Tigo Energy, Inc.
  • Altenergy Power System, Inc.
  • Solantro Semiconductor Corp.
  • Sparq Systems Inc.

Methodology

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