A solar charge controller is an electronic device that regulates the rate of current flow to and from electric batteries to prevent overcharging and damage due to overvoltage. This not only enhances the operational efficiency of the batteries but also increases their lifespan.
During 2017, the non-residential segment accounted for the major shares and dominated the solar charge controllers market. The increasing government initiatives in setting up hospitals, government, small and medium-sized businesses (SMBs), and IT and telecom, that require several battery units demand the need for solar energy power sources. With numerous government initiatives, building developers are implementing energy management systems (EMS) and inverters with solar PV panels on non-residential buildings, thereby promoting sustainability and improving the overall building efficiency.
This market study estimates that in terms of geographic regions, APAC dominated the market by accounting for the major revenue shares during 2017. This was mainly due to factors such as the growing environmental awareness, the rising demand for energy, growing population, and the improving standards of living. Additionally, the initiatives taken by the countries towards solar energy generation to replace the dependence on fossil fuel will also drive the growth prospects of the solar charge controllers market in this region.
The Solar Charge Controllers market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Solar Charge Controllers.
This report presents the worldwide Solar Charge Controllers market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Phocos
Morningstar
Steca
Shuori New Energy
Beijing Epsolar
OutBack Power
Remote Power
Victron Energy
Studer Innotec
Renogy
Specialty Concepts
Sollatek
Blue Sky Energy
Wuhan Wanpeng
Solar Charge Controllers Breakdown Data by Type
PWM Solar Charge Controller
MPPT Solar Charge Controller
Solar Charge Controllers Breakdown Data by Application
Industrial & Commercial
Residential & Rural Electrification
Solar Charge Controllers Production by Region
United States
Europe
China
Japan
Other Regions
Solar Charge Controllers Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Solar Charge Controllers status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Solar Charge Controllers manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Solar Charge Controllers :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Solar Charge Controllers market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Solar Charge Controllers . Industry analysis & Market Report on Solar Charge Controllers is a syndicated market report, published as Global Solar Charge Controllers Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Solar Charge Controllers market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.