+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Solar Charge Controller Market By Type, By Current Capacity, By End User: Global Opportunity Analysis and Industry Forecast, 2021-2031

  • PDF Icon

    Report

  • 235 Pages
  • June 2022
  • Region: Global
  • Allied Market Research
  • ID: 5670796
Description Jump to:
The global solar charge controller market was valued at $1.8 billion in 2021, and is projected to reach $3.4 billion by 2031, growing at a CAGR of 6.6% from 2022 to 2031.

Solar charge controllers are electronic devices used to regulate the flow of electric current or voltage to charge the battery and to keep it from overcharging. Solar charge controllers provide safety and efficient operation of the battery. It protects battery from overload protection, low voltage disconnects, block reverse currents, and others. Various types of solar charge controllers include PWM charge controller, MPPT charge controller, and single or two stage charge controllers.

The solar charge controller market is driven by rapidly growing installation of solar panels, growing variety of rooftop operations in remote regions, and developing electronic infrastructure for solar power technology. However, high cost associated with solar-based grid infrastructure installation is expected to drive the growth of the market during the forecast period. On the contrary, rise in investment and government support towards renewable power generation and rapid growth of the electric vehicle charging stations are anticipated to provide lucrative opportunities for key players operating in the market during the forecast period. The solar charge controller market is segmented on the basis of type, current capacity, end user, and region. Depending on type, the market is bifurcated into pulse width modulation (PWM) charge controller, maximum power point tracking (MPPT) charge controller, and simple 1 or 2 stage controls.

On the basis of current capacity, it is categorized into less than 20A, 20A to 40A, and more than 40A. By end user, it is divided into solar home stations, commercial & utility, and industrial. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS

  • The report includes in-depth analysis of different segments and provides global solar charge controller market estimations between 2021 and 2031.
  • A comprehensive analysis of the factors that drive and restrict the growth of the global solar charge controller market is provided.
  • Porter’s five forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
  • Estimations and forecast are based on factors impacting the global solar charge controller market growth, in terms of value.
  • Key market players are profiled to gain an understanding of the strategies adopted by them.
  • This report provides a detailed analysis of the current global solar charge controller market trends and future estimations from 2022 to 2031, which helps identify the prevailing market opportunities.

Key Market Segments

By Type

  • Pulse Width Modulation (PWM)
  • Maximum Power Point Tracking (MPPT)
  • Simple 1 or 2 stage Control

By Current Capacity

  • Less than 20A
  • 20A to 40A
  • More than 40A

By End User

  • Solar Home Systems
  • Industrial
  • Commercial
  • Utility

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Italy
  • Spain
  • United Kingdom
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest Of South Korea
  • LAMEA
  • Brazil
  • South Africa
  • Saudi Arabia
  • Rest of LAMEA

Key Market Players

  • Outback Power Inc.
  • Xantrex Technologies
  • Gena Sun LLC
  • Luminous Power Technologies Pt. Ltd.
  • Studer Innotec
  • Steca Electronic GmbH
  • Simplex America Inc.
  • Shenzhen Shuori New Energy Technology Co. Ltd.
  • Phocas
  • Microtek

 

Please note:

  • Online Access price format is valid for 60 days access. Printing is not enabled.
  • PDF Single and Enterprise price formats enable printing.

 

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: SOLAR CHARGE CONTROLLER MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Pulse Width Modulation (PWM),
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Maximum Power Point Tracking (MPPT)
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Simple 1 or 2 stage Control
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: SOLAR CHARGE CONTROLLER MARKET, BY CURRENT CAPACITY
5.1 Overview
5.1.1 Market size and forecast
5.2 Less than 20A
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 20A to 40A
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 More than 40A
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
CHAPTER 6: SOLAR CHARGE CONTROLLER MARKET, BY END USER
6.1 Overview
6.1.1 Market size and forecast
6.2 Solar Home Systems
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Industrial
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Commercial
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Utility
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country
CHAPTER 7: SOLAR CHARGE CONTROLLER MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Type
7.2.3 North America Market size and forecast, by Current Capacity
7.2.4 North America Market size and forecast, by End User
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Type
7.2.5.1.2 Market size and forecast, by Current Capacity
7.2.5.1.3 Market size and forecast, by End User
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Type
7.2.5.2.2 Market size and forecast, by Current Capacity
7.2.5.2.3 Market size and forecast, by End User
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Type
7.2.5.3.2 Market size and forecast, by Current Capacity
7.2.5.3.3 Market size and forecast, by End User
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Type
7.3.3 Europe Market size and forecast, by Current Capacity
7.3.4 Europe Market size and forecast, by End User
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by Type
7.3.5.1.2 Market size and forecast, by Current Capacity
7.3.5.1.3 Market size and forecast, by End User
7.3.5.2 France
7.3.5.2.1 Market size and forecast, by Type
7.3.5.2.2 Market size and forecast, by Current Capacity
7.3.5.2.3 Market size and forecast, by End User
7.3.5.3 Italy
7.3.5.3.1 Market size and forecast, by Type
7.3.5.3.2 Market size and forecast, by Current Capacity
7.3.5.3.3 Market size and forecast, by End User
7.3.5.4 Spain
7.3.5.4.1 Market size and forecast, by Type
7.3.5.4.2 Market size and forecast, by Current Capacity
7.3.5.4.3 Market size and forecast, by End User
7.3.5.5 United Kingdom
7.3.5.5.1 Market size and forecast, by Type
7.3.5.5.2 Market size and forecast, by Current Capacity
7.3.5.5.3 Market size and forecast, by End User
7.3.5.6 Rest of Europe
7.3.5.6.1 Market size and forecast, by Type
7.3.5.6.2 Market size and forecast, by Current Capacity
7.3.5.6.3 Market size and forecast, by End User
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Type
7.4.3 Asia-Pacific Market size and forecast, by Current Capacity
7.4.4 Asia-Pacific Market size and forecast, by End User
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Type
7.4.5.1.2 Market size and forecast, by Current Capacity
7.4.5.1.3 Market size and forecast, by End User
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Type
7.4.5.2.2 Market size and forecast, by Current Capacity
7.4.5.2.3 Market size and forecast, by End User
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Type
7.4.5.3.2 Market size and forecast, by Current Capacity
7.4.5.3.3 Market size and forecast, by End User
7.4.5.4 Australia
7.4.5.4.1 Market size and forecast, by Type
7.4.5.4.2 Market size and forecast, by Current Capacity
7.4.5.4.3 Market size and forecast, by End User
7.4.5.5 South Korea
7.4.5.5.1 Market size and forecast, by Type
7.4.5.5.2 Market size and forecast, by Current Capacity
7.4.5.5.3 Market size and forecast, by End User
7.4.5.6 Rest Of South Korea
7.4.5.6.1 Market size and forecast, by Type
7.4.5.6.2 Market size and forecast, by Current Capacity
7.4.5.6.3 Market size and forecast, by End User
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Type
7.5.3 LAMEA Market size and forecast, by Current Capacity
7.5.4 LAMEA Market size and forecast, by End User
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Market size and forecast, by Type
7.5.5.1.2 Market size and forecast, by Current Capacity
7.5.5.1.3 Market size and forecast, by End User
7.5.5.2 South Africa,
7.5.5.2.1 Market size and forecast, by Type
7.5.5.2.2 Market size and forecast, by Current Capacity
7.5.5.2.3 Market size and forecast, by End User
7.5.5.3 Saudi Arabia
7.5.5.3.1 Market size and forecast, by Type
7.5.5.3.2 Market size and forecast, by Current Capacity
7.5.5.3.3 Market size and forecast, by End User
7.5.5.4 Rest of LAMEA
7.5.5.4.1 Market size and forecast, by Type
7.5.5.4.2 Market size and forecast, by Current Capacity
7.5.5.4.3 Market size and forecast, by End User
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 Outback Power Inc.
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Xantrex Technologies
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Gena Sun LLC
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Luminous Power Technologies Pt. Ltd.
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Studer Innotec
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Steca Electronic GmbH
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Simplex America Inc.
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Shenzhen Shuori New Energy Technology Co. Ltd.
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Phocas
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Microtek
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
List of Tables
Table 1. Global Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 2. Solar Charge Controller Market Revenue, for Pulse Width Modulation (Pwm),, by Region , 2021-2031,($Million)
Table 3. Solar Charge Controller Market for Pulse Width Modulation (Pwm), by Country, 2021-2031,($Million)
Table 4. Solar Charge Controller Market Revenue, for Maximum Power Point Tracking (Mppt), by Region , 2021-2031,($Million)
Table 5. Solar Charge Controller Market for Maximum Power Point Tracking (Mppt) by Country, 2021-2031,($Million)
Table 6. Solar Charge Controller Market Revenue, for Simple 1 or 2 Stage Control, by Region , 2021-2031,($Million)
Table 7. Solar Charge Controller Market for Simple 1 or 2 Stage Control by Country, 2021-2031,($Million)
Table 8. Global Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 9. Solar Charge Controller Market Revenue, for Less Than 20A, by Region , 2021-2031,($Million)
Table 10. Solar Charge Controller Market for Less Than 20A by Country, 2021-2031,($Million)
Table 11. Solar Charge Controller Market Revenue, for 20A to 40A, by Region , 2021-2031,($Million)
Table 12. Solar Charge Controller Market for 20A to 40A by Country, 2021-2031,($Million)
Table 13. Solar Charge Controller Market Revenue, for More Than 40A, by Region , 2021-2031,($Million)
Table 14. Solar Charge Controller Market for More Than 40A by Country, 2021-2031,($Million)
Table 15. Global Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 16. Solar Charge Controller Market Revenue, for Solar Home Systems, by Region , 2021-2031,($Million)
Table 17. Solar Charge Controller Market for Solar Home Systems by Country, 2021-2031,($Million)
Table 18. Solar Charge Controller Market Revenue, for Industrial, by Region , 2021-2031,($Million)
Table 19. Solar Charge Controller Market for Industrial by Country, 2021-2031,($Million)
Table 20. Solar Charge Controller Market Revenue, for Commercial, by Region , 2021-2031,($Million)
Table 21. Solar Charge Controller Market for Commercial by Country, 2021-2031,($Million)
Table 22. Solar Charge Controller Market Revenue, for Utility, by Region , 2021-2031,($Million)
Table 23. Solar Charge Controller Market for Utility by Country, 2021-2031,($Million)
Table 24. Solar Charge Controller Market, by Region, 2021-2031,($Million)
Table 25. North America Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 26. North America Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 27. North America Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 28. North America Solar Charge Controller Market, by Country, 2021-2031,($Million)
Table 29. U.S. Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 30. U.S. Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 31. U.S. Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 32. Canada Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 33. Canada Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 34. Canada Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 35. Mexico Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 36. Mexico Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 37. Mexico Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 38. Europe Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 39. Europe Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 40. Europe Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 41. Europe Solar Charge Controller Market, by Country, 2021-2031,($Million)
Table 42. Germany Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 43. Germany Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 44. Germany Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 45. France Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 46. France Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 47. France Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 48. Italy Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 49. Italy Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 50. Italy Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 51. Spain Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 52. Spain Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 53. Spain Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 54. United Kingdom Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 55. United Kingdom Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 56. United Kingdom Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 57. Rest of Europe Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 58. Rest of Europe Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 59. Rest of Europe Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 60. Asia-Pacific Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 61. Asia-Pacific Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 62. Asia-Pacific Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 63. Asia-Pacific Solar Charge Controller Market, by Country, 2021-2031,($Million)
Table 64. China Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 65. China Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 66. China Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 67. Japan Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 68. Japan Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 69. Japan Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 70. India Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 71. India Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 72. India Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 73. Australia Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 74. Australia Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 75. Australia Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 76. South Korea Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 77. South Korea Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 78. South Korea Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 79. Rest of South Korea Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 80. Rest of South Korea Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 81. Rest of South Korea Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 82. LAMEA Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 83. LAMEA Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 84. LAMEA Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 85. LAMEA Solar Charge Controller Market, by Country, 2021-2031,($Million)
Table 86. Brazil Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 87. Brazil Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 88. Brazil Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 89. South Africa, Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 90. South Africa, Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 91. South Africa, Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 92. Saudi Arabia Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 93. Saudi Arabia Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 94. Saudi Arabia Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 95. Rest of LAMEA Solar Charge Controller Market, by Type, 2021-2031,($Million)
Table 96. Rest of LAMEA Solar Charge Controller Market, by Current Capacity, 2021-2031,($Million)
Table 97. Rest of LAMEA Solar Charge Controller Market, by End-user, 2021-2031,($Million)
Table 98. Outback Power Inc.: Company Snapshot
Table 99. Outback Power Inc.: Operating Segments
Table 100. Outback Power Inc.: Product Portfolio
Table 101. Outback Power Inc.: Net Sales
Table 102. Outback Power Inc.: Key Stratergies
Table 103. Xantrex Technologies: Company Snapshot
Table 104. Xantrex Technologies: Operating Segments
Table 105. Xantrex Technologies: Product Portfolio
Table 106. Xantrex Technologies: Net Sales
Table 107. Xantrex Technologies: Key Stratergies
Table 108. Gena Sun LLC: Company Snapshot
Table 109. Gena Sun LLC: Operating Segments
Table 110. Gena Sun LLC: Product Portfolio
Table 111. Gena Sun LLC: Net Sales
Table 112. Gena Sun LLC: Key Stratergies
Table 113. Luminous Power Technologies Pt. Ltd.: Company Snapshot
Table 114. Luminous Power Technologies Pt. Ltd.: Operating Segments
Table 115. Luminous Power Technologies Pt. Ltd.: Product Portfolio
Table 116. Luminous Power Technologies Pt. Ltd.: Net Sales
Table 117. Luminous Power Technologies Pt. Ltd.: Key Stratergies
Table 118. Studer Innotec: Company Snapshot
Table 119. Studer Innotec: Operating Segments
Table 120. Studer Innotec: Product Portfolio
Table 121. Studer Innotec: Net Sales
Table 122. Studer Innotec: Key Stratergies
Table 123. Steca Electronic GmbH: Company Snapshot
Table 124. Steca Electronic GmbH: Operating Segments
Table 125. Steca Electronic GmbH: Product Portfolio
Table 126. Steca Electronic GmbH: Net Sales
Table 127. Steca Electronic GmbH: Key Stratergies
Table 128. Simplex America Inc.: Company Snapshot
Table 129. Simplex America Inc.: Operating Segments
Table 130. Simplex America Inc.: Product Portfolio
Table 131. Simplex America Inc.: Net Sales
Table 132. Simplex America Inc.: Key Stratergies
Table 133. Shenzhen Shuori New Energy Technology Co. Ltd.: Company Snapshot
Table 134. Shenzhen Shuori New Energy Technology Co. Ltd.: Operating Segments
Table 135. Shenzhen Shuori New Energy Technology Co. Ltd.: Product Portfolio
Table 136. Shenzhen Shuori New Energy Technology Co. Ltd.: Net Sales
Table 137. Shenzhen Shuori New Energy Technology Co. Ltd.: Key Stratergies
Table 138. Phocas: Company Snapshot
Table 139. Phocas: Operating Segments
Table 140. Phocas: Product Portfolio
Table 141. Phocas: Net Sales
Table 142. Phocas: Key Stratergies
Table 143. Microtek: Company Snapshot
Table 144. Microtek: Operating Segments
Table 145. Microtek: Product Portfolio
Table 146. Microtek: Net Sales
Table 147. Microtek: Key Stratergies
List of Figures
Figure 1. Solar Charge Controller Market Segmentation
Figure 2. Solar Charge Controller Market,2021-2031
Figure 3. Solar Charge Controller Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Solar Charge Controller Market:Drivers, Restraints and Opportunities
Figure 12. Solar Charge Controller Market,By Type,2021(%)
Figure 13. Comparative Share Analysis of Pulse Width Modulation (Pwm), Solar Charge Controller Market,2021-2031(%)
Figure 14. Comparative Share Analysis of Maximum Power Point Tracking (Mppt) Solar Charge Controller Market,2021-2031(%)
Figure 15. Comparative Share Analysis of Simple 1 or 2 Stage Control Solar Charge Controller Market,2021-2031(%)
Figure 16. Solar Charge Controller Market,By Current Capacity,2021(%)
Figure 17. Comparative Share Analysis of Less Than 20A Solar Charge Controller Market,2021-2031(%)
Figure 18. Comparative Share Analysis of 20A to 40A Solar Charge Controller Market,2021-2031(%)
Figure 19. Comparative Share Analysis of More Than 40A Solar Charge Controller Market,2021-2031(%)
Figure 20. Solar Charge Controller Market,By End-user,2021(%)
Figure 21. Comparative Share Analysis of Solar Home Systems Solar Charge Controller Market,2021-2031(%)
Figure 22. Comparative Share Analysis of Industrial Solar Charge Controller Market,2021-2031(%)
Figure 23. Comparative Share Analysis of Commercial Solar Charge Controller Market,2021-2031(%)
Figure 24. Comparative Share Analysis of Utility Solar Charge Controller Market,2021-2031(%)
Figure 25. Solar Charge Controller Market by Region,2021
Figure 26. U.S. Solar Charge Controller Market,2021-2031($Million)
Figure 27. Canada Solar Charge Controller Market,2021-2031($Million)
Figure 28. Mexico Solar Charge Controller Market,2021-2031($Million)
Figure 29. Germany Solar Charge Controller Market,2021-2031($Million)
Figure 30. France Solar Charge Controller Market,2021-2031($Million)
Figure 31. Italy Solar Charge Controller Market,2021-2031($Million)
Figure 32. Spain Solar Charge Controller Market,2021-2031($Million)
Figure 33. United Kingdom Solar Charge Controller Market,2021-2031($Million)
Figure 34. Rest of Europe Solar Charge Controller Market,2021-2031($Million)
Figure 35. China Solar Charge Controller Market,2021-2031($Million)
Figure 36. Japan Solar Charge Controller Market,2021-2031($Million)
Figure 37. India Solar Charge Controller Market,2021-2031($Million)
Figure 38. Australia Solar Charge Controller Market,2021-2031($Million)
Figure 39. South Korea Solar Charge Controller Market,2021-2031($Million)
Figure 40. Rest of South Korea Solar Charge Controller Market,2021-2031($Million)
Figure 41. Brazil Solar Charge Controller Market,2021-2031($Million)
Figure 42. South Africa, Solar Charge Controller Market,2021-2031($Million)
Figure 43. Saudi Arabia Solar Charge Controller Market,2021-2031($Million)
Figure 44. Rest of LAMEA Solar Charge Controller Market,2021-2031($Million)
Figure 45. Top Winning Strategies, by Year
Figure 46. Top Winning Strategies, by Development
Figure 47. Top Winning Strategies, by Company
Figure 48. Product Mapping of Top 10 Players
Figure 49. Competitive Dashboard
Figure 50. Competitive Heatmap of Top 10 Key Players
Figure 51. Outback Power Inc..: Net Sales ,($Million)
Figure 52. Xantrex Technologies.: Net Sales ,($Million)
Figure 53. Gena Sun LLC.: Net Sales ,($Million)
Figure 54. Luminous Power Technologies Pt. Ltd..: Net Sales ,($Million)
Figure 55. Studer Innotec.: Net Sales ,($Million)
Figure 56. Steca Electronic GmbH.: Net Sales ,($Million)
Figure 57. Simplex America Inc..: Net Sales ,($Million)
Figure 58. Shenzhen Shuori New Energy Technology Co. Ltd..: Net Sales ,($Million)
Figure 59. Phocas.: Net Sales ,($Million)
Figure 60. Microtek.: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Solar Charge Controller Market," the solar charge controller market size was valued at $1.8 billion in 2021, and is estimated to reach $3.4 billion by 2031, growing at a CAGR of 6.6% from 2022 to 2031.

A solar charge controller or charge regulator is basically used in the solar energy systems to protect battery from overcharging by regulating the current or voltage produced through solar panels. Solar charge controllers are available with additional abilities, including lighting fixtures and load control. These controllers serve important purpose in energy systems that avoid damage to batteries in solar systems. Solar charge controllers are used as battery backup in grids, which might be linked to solar systems. In addition, these controllers are utilized to enhance the battery life in the systems. These regulators stop batteries from overcharging and help to protect them from voltage fluctuations. The solar charge controller widely finds its application in residential solar systems, industrial systems, in which solar panels are used to power operations, and in utility-scale solar projects.

Factors, including government initiatives and investment towards promotion of solar energy, growing development of off-grid electrical systems, and growing solar power installations are the key drivers of the solar charge controller market. The solar home systems segment is expected to grow progressively with the increase in power demand from residential consumers across the globe. It is further resulting in fast urbanization and spurring the demand for renewable power such as solar power. Furthermore, growing awareness concerning the benefits of solar power is expected to drive the solar charge controller market. MPPT is anticipated to witness high growth rate and is the most desired solar charge controller.

Depending on type, the maximum power point tracking (MPPT) segment registered the highest solar charge controller market share of about 43.3% in 2021, and is expected to maintain its dominance during the forecast period. This is attributed to rise in deployment of solar power generation infrastructure across the globe.

In addition, MPPT solar charge controller extract maximum power from solar panels and high efficiency & performance of MPPT as compared to PWM solar charge controllers, thus are expected to drive the growth of the market during the forecast period.

By battery capacity, the 20A to 40A segment holds the largest share, in terms of revenue, and is expected to grow at a CAGR of 7.1% during the solar charge controller market forecast period. This is attributed to rise in demand for solar charge controllers with current capacity 20A to 40A from off grid cabinets, homes, caravans, telecommunications, and remote solar power generation sites. In addition, rapid investment towards solar power generation is anticipated to fuel the growth of the solar charge controller market trends in the coming years.

On the basis of end user, the commercial segment holds the largest share, in terms of revenue, and is expected to grow at a CAGR of 7.2% during the forecast period. This is attributed to rise in demand for solar charge controllers from commercial applications for power consumption in data centers, communication base stations, hospitals, restaurants, corporate offices, and others. In addition, the usage of solar energy applications in the commercial sectors is the quickest solution to fight energy deficit and thereby, fueling the demand for solar charge controllers during the forecast period.

Region-wise, the market is analyzed across four major regions, namely, North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific garnered a dominant share in 2021, and is anticipated to maintain this dominance in the solar charge controller market during the forecast period. This is attributed to presence of key players and huge consumer base in the region. In addition, rapid growth of the off-grid power generation, rise in demand for power in remote operations, rise in awareness and R&D towards battery safety, and others are the key factors expected to drive the growth of the solar charge controller market in the Asia-Pacific region in the coming years.

The key players operating and profiled in the solar charge controller industry report include, Airkom Group, Schneider Electric, Sollatek, Wenzhou Xihe Electric Co., Ltd., Delta Electronics, Inc., KATEK Memmingen GmbH, Victron Energy, Sunforge LLC, Phocos, and Apollo Solar.

Other players operating in the value chain of the global solar charge controller market analysis are Easy Photovoltaic Pvt. Ltd., Outback Power Technologies, Xantrex Technologies, Genasun, Su-Kam Power Systems, Arise India, Beijing Epsolar Technology Co., Ltd, and others.

COVID-19 Impact on Market
Lockdown imposed due to the outbreak of COVID-19 pandemic resulted in temporary ban on import & export and manufacturing & processing activities across various industries, which decreased the demand for solar power components including panels, batteries, controllers, and others. In addition, halt in building and construction of solar energy power plants, owing to unavailability of workers and increase in demand-supply gap hampered the solar charge controller market growth during the pandemic period. This declined the market growth in second, third, and fourth quarters of 2020. However, the solar charge controller market recovered by the 2nd quarter of 2021, as COVID-19 vaccination began in various economies across the globe, which improved the global economy.

Key Findings of the Study

  • By type, the maximum power point tracking (MPPT) segment accounted for about 43.3% of the share in the global solar charge controller market in 2021, and is expected to maintain its dominance during the forecast period.
  • By current capacity, the 20A to 40A current capacity segment accounted for 47.5% solar charge controller market share in 2021, and is anticipated to grow at a rate of 7.1% in terms of revenue, increasing its share in the global solar charge controller market.
  • By end user, the commercial segment is the fastest-growing end user segment in the global solar charge controller market and is expected to grow at a CAGR of 7.2% during 2022-2031.
  • Asia-Pacific is expected to grow at the fastest rate, registering a CAGR of 7.0%, during the forecast period.
  • In 2021, Asia-Pacific dominated the solar charge controller market with more than 41.4% of the share, in terms of revenue.

Companies Mentioned

  • Outback Power Inc.
  • Xantrex Technologies
  • Gena Sun LLC
  • Luminous Power Technologies Pt. Ltd.
  • Studer Innotec
  • Steca Electronic GmbH
  • Simplex America Inc.
  • Shenzhen Shuori New Energy Technology Co. Ltd.
  • Phocas
  • Microtek

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

Loading
LOADING...

Table Information

Report AttributeDetails
No. of Pages235
PublishedJune 2022
Forecast Period2021 - 2031
Estimated Market Value ( USD ) in 2021 $ 1.8 billion
Forecasted Market Value ( USD ) by 2031 $ 3.4 billion
Compound Annual Growth Rate6.6%
Regions CoveredGlobal
No. of Companies Mentioned10

Related Topics

Related Reports

Solar Charge Controllers - Global Strategic Business Report - Product Image

Solar Charge Controllers - Global Strategic Business Report

  • Report
  • 223 Pages
  • Global
From
Solar Charge Controller Market by Type, Battery, End User - Global Forecast 2025-2030 - Product Image

Solar Charge Controller Market by Type, Battery, End User - Global Forecast 2025-2030

  • Report
  • 185 Pages
  • Global
From
Solar Controller Global Market Insights 2024, Analysis and Forecast to 2029, by Manufacturers, Regions, Technology, Application, Product Type - Product Image

Solar Controller Global Market Insights 2024, Analysis and Forecast to 2029, by Manufacturers, Regions, Technology, Application, Product Type

  • Report
  • 104 Pages
  • Global
From
Solar Farm Automation - Global Strategic Business Report - Product Image

Solar Farm Automation - Global Strategic Business Report

  • Report
  • 229 Pages
  • Global
From
Green Energy. Solar Energy, Photovoltaics, and Smart Cities. Edition No. 1 - Product Image

Green Energy. Solar Energy, Photovoltaics, and Smart Cities. Edition No. 1

  • Book
  • 640 Pages
Copyright © 2002-2024 Research and Markets. All Rights Reserved.