Quick Summary:
In today's rapidly evolving world, staying ahead in the renewable energy industry becomes critically important, thus making the Global Solar Charge Controllers Market report crucial for your strategic decision making. With this comprehensive report, you will better understand how market forces such as growth in the Maximum Power Point Tracking (MPPT) and Pulse-Width Modulation (PWM) segments will impact the sector and businesses in countries such as the US and China, and across regions like Europe.
With this report, you gain more than just data, you gain context. Navigate through the world's second-largest economic power, China, projected to reach a market size of US$1.5 Billion by 2030 with an 18.1% CAGR, or explore other significant geographic markets like Japan, Canada, and Germany to keep abreast of global trends. In addition, the report provides insights into key competitors like Beijing Epsolar Technology Co., Ltd., Genasun LLC, Morningstar Corporation, among others, to help you stay competitive in the marker. The report also keeps you updated on special coverages, market presence across multiple geographies, offers peer-to-peer bespoke updates and complimentary updates for one year. Prepare to pivot potentially disruptive forces into innovative strategies and investment opportunities with the Global Solar Charge Controllers Market report.
Global Solar Charge Controllers Market to Reach $6.3 Billion by 2030
The global market for Solar Charge Controllers estimated at US$2.3 Billion in the year 2022, is projected to reach a revised size of US$6.3 Billion by 2030, growing at a CAGR of 13.6% over the analysis period 2022-2030. Maximum Power Point Tracking (MPPT), one of the segments analyzed in the report, is projected to record 14.1% CAGR and reach US$4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Pulse-Width Modulation (PWM) segment is readjusted to a revised 11.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $616.7 Million, While China is Forecast to Grow at 18.1% CAGR
The Solar Charge Controllers market in the U.S. is estimated at US$616.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 18.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.1% and 11.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.6% CAGR.Select Competitors (Total 46 Featured) -
- Beijing Epsolar Technology Co., Ltd.
- Genasun LLC
- Hyporex Technologies Inc.
- Microtek International Pvt., Ltd.
- Morningstar Corporation
- MSTE SOLAR GmbH
- Phocos AG
- Steca Elektronik GmbH
- Studer Innotec SA
- Su-Kam Power Systems Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Solar Charge Controllers?
What is the growth rate of the Global Market for Solar Charge Controllers?
What is the forecasted size of the Global Market for Solar Charge Controllers?
Who are the key companies in the Global Market for Solar Charge Controllers?
| Report Attribute | Details |
|---|---|
| No. of Pages | 223 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 2.3 Billion |
| Forecasted Market Value ( USD | $ 6.3 Billion |
| Compound Annual Growth Rate | 13.4% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Beijing Epsolar Technology Co., Ltd.
- Genasun LLC
- Hyporex Technologies Inc.
- Microtek International Pvt., Ltd.
- Morningstar Corporation
- MSTE SOLAR GmbH
- Phocos AG
- Steca Elektronik GmbH
- Studer Innotec SA
- Su-Kam Power Systems Ltd.
