Global Solar Charge Controllers Market – Industry Analysis and Forecast (2018-2026)
Global Solar Charge Controllers Market was valued US$ 25.80 Bn in 2017 and is expected to reach US$ 87.50 Bn by 2026, at a CAGR of 16.87 % during a forecast period
Global solar charge controllers market is segmented by type, end user and geography. On the basis of type, solar charge controllers can be classified into Pulse-Width Modulation charge controller and Maximum Power Point Tracking charge controller. End user segment is divided into residential, commercial and Industrial.
Based on region, Global solar charge controllers market the is spread by Europe, North America, Asia Pacific, Latin America, and Middle East and Africa.
Supportive government policies for solar energy, growing development of off-grid electrical systems and expanding solar energy installations are the drivers of the solar charge controller market. All developing counties are striving to exploit the use of solar energy and decrease the reliance on fuel-based power generation. Increasing awareness regarding the advantages of solar energy is secured to drive the solar charge controller market.
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Pulse-Width Modulation (PWM) charge controller is expected to hold the large market share in the Global solar charge controllers market. PWM solar charge controller slices excess solar voltage, which in turn consequences in a loss of total power. The PWM solar charge controller is essentially a switch used to connect a solar arrangement to a battery. The extra voltage generated by the solar array is condensed to the voltage value of the battery. Furthermore, most recent and best type of solar charge controller is the maximum power point tracking. MPPT controllers are principally able to convert excess voltage into amperage.
Asia-Pacific is estimated to dominate the large market share in solar charge controller market. This dominance can be accredited to factors, such as rising demand for energy, growing environmental awareness and escalating awareness towards the solar energy in various countries, such as China. Accelerating industrialization, and encouraging initiatives by government will support growth of the solar charge controller market. Growing use of solar energy dependence on non-renewable energy sources acting as major driving factor in the solar charge controller market.
Some of the major key players in the Global solar charge controllers market includes Beijing Epsolar Technology Co., Ltd., SUNGROW, Morningstar Corp., Wenzhou Xihe Electric Co., Ltd., ShenZhen Alenson Electronic CO., Ltd., Luminous India, Genasun, Schneider Electric, Microtek, Su-Kam Power Systems, Steca Elektronik, Shuori New Energy and Victron Energy B.V. Arise India Ltd., Centralion Industrial Inc.
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Scope of the report for Global Solar Charge Controller Market
Global Solar Charge Controller Market, By Type
• Pulse-Width Modulation (PWM) charge controller
• Maximum Power Point Tracking (MPPT) charge controller
Global Solar Charge Controller Market, By End User
• Residential
• Commercial
• Industrial
Global Solar Charge Controller Market, By Geography
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key players in Global Solar Charge Controller Market
• Beijing Epsolar Technology Co., Ltd.,
• SUNGROW
• Morningstar Corp
• Wenzhou Xihe Electric Co., Ltd.
• ShenZhen Alenson Electronic CO., Ltd.
• Luminous India
• Genasun
• Arise India
• BEIJING EPSOLAR TECHNOLOGY
• Delta Electronics
• Morningstar
• Phocos
• Samlex America
• Shuori New Energy
• Steca Elektronik
• Studer Innotec
• SUNGROW
• Victron Energy
• Schneider Electric
• Microtek
• Su-Kam Power Systems
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MAJOR TOC OF THE REPORT
Chapter One: Solar Charge Controllers Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Solar Charge Controllers Market Competition, by Players
Chapter Four: Global Solar Charge Controllers Market Size by Regions
Chapter Five: North America Solar Charge Controllers Revenue by Countries
Chapter Six: Europe Solar Charge Controllers Revenue by Countries
Chapter Seven: Asia-Pacific Solar Charge Controllers Revenue by Countries
Chapter Eight: South America Solar Charge Controllers Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Solar Charge Controllers by Countries
Chapter Ten: Global Solar Charge Controllers Market Segment by Type
Chapter Eleven: Global Solar Charge Controllers Market Segment by Application
Chapter Twelve: Global Solar Charge Controllers Market Size Forecast (2019-2026)
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