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Europe 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

  • 79 Pages
  • July 2022
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5645409
The Europe Power Optimizer Market is expected to witness market growth of 9.9% CAGR during the forecast period (2022-2028).

The string voltage is expected to also decrease as a result, but the central inverter adjusts all the other optimizers so that their output voltage slightly increases, maintaining the constant string voltage needed at the inverter. It is not possible to progressively retrofit these in a prevailing installation unless the inverter is also updated, and optimizers are installed on all panels at once. This is because this type of optimizer necessitates a central inverter from the same manufacturer as the optimizers.

The need for MPPT systems is rising as renewable energy installations for power generation increase all over the world. The integration of many features into a single device, such as improved monitoring, power line communication, and safety shutdown, is the main focus of the major market players. The expansion of the power optimizer market is also being driven by rising investments in green buildings, which need a solid and reliable electrical infrastructure.

The pharmaceuticals and healthcare sector of the region is expanding at a rapid pace. Over the past 20 years, both R&D spending and the introduction of new medications have surged in the region. The pharmaceutical sector spent $83 billion in R&D activities in 2019. That sum, after accounting for inflation, is roughly ten times what the sector spent annually in the 1980s. With 59 new drugs approved in 2018, the number of novel pharmaceuticals approved for sale increased by 60% between 2010 and 2019 in contrast to the prior decade. The anticipated revenue from a new drug, the anticipated development costs, and laws that affect drug supply and demand all have a role in determining how much money pharmaceutical companies invest in research and development.

The Germany market dominated the Europe 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 $312.2 million by 2028. The UK market is anticipated to grow at a CAGR of 9% during (2022 - 2028). Additionally, The France market is expected to exhibit a CAGR of 10.7% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

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.

Unique Offerings from the Publisher

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • 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 Europe Power Optimizer Market, by Connectivity
1.4.2 Europe Power Optimizer Market, by Application
1.4.3 Europe Power Optimizer Market, by End Use
1.4.4 Europe 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. Europe Power Optimizer Market by Connectivity
4.1 Europe On-grid Market by Country
4.2 Europe Standalone Market by Country
Chapter 5. Europe Power Optimizer Market by Application
5.1 Europe Utility Market by Country
5.2 Europe Commercial Market by Country
5.3 Europe Residential Market by Country
Chapter 6. Europe Power Optimizer Market by End Use
6.1 Europe Module Level MPPT Market by Country
6.2 Europe Advanced Power Line Communication Market by Country
6.3 Europe Monitoring Components Market by Country
6.4 Europe Safety Shutdown Components Market by Country
6.5 Europe Others Market by Country
Chapter 7. Europe Power Optimizer Market by Country
7.1 Germany Power Optimizer Market
7.1.1 Germany Power Optimizer Market by Connectivity
7.1.2 Germany Power Optimizer Market by Application
7.1.3 Germany Power Optimizer Market by End Use
7.2 UK Power Optimizer Market
7.2.1 UK Power Optimizer Market by Connectivity
7.2.2 UK Power Optimizer Market by Application
7.2.3 UK Power Optimizer Market by End Use
7.3 France Power Optimizer Market
7.3.1 France Power Optimizer Market by Connectivity
7.3.2 France Power Optimizer Market by Application
7.3.3 France Power Optimizer Market by End Use
7.4 Russia Power Optimizer Market
7.4.1 Russia Power Optimizer Market by Connectivity
7.4.2 Russia Power Optimizer Market by Application
7.4.3 Russia Power Optimizer Market by End Use
7.5 Spain Power Optimizer Market
7.5.1 Spain Power Optimizer Market by Connectivity
7.5.2 Spain Power Optimizer Market by Application
7.5.3 Spain Power Optimizer Market by End Use
7.6 Italy Power Optimizer Market
7.6.1 Italy Power Optimizer Market by Connectivity
7.6.2 Italy Power Optimizer Market by Application
7.6.3 Italy Power Optimizer Market by End Use
7.7 Rest of Europe Power Optimizer Market
7.7.1 Rest of Europe Power Optimizer Market by Connectivity
7.7.2 Rest of Europe Power Optimizer Market by Application
7.7.3 Rest of Europe 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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