Energy & Environment Industry Today
Solar Charge Controllers Market to grow at a CAGR of 16.32% during the period 2017-2021
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. An inverter is a device that converts direct current (DC) generated by solar panels and wind turbines into alternate current (AC). This is then supplied to a central electric grid. Inverters are broadly classified into three types: Grid-tie, battery backup, and stand-alone. These inverters are integrated with different energy sources and allow connection with multiple parallel units.
Publisher's analysts forecast the global Solar Charge Controllers market to grow at a CAGR of 16.32% during the period 2017-2021.
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The market is divided into the following segments based on geography:
-Americas
-APAC
-EMEA
Key vendors
- Genasun
- Luminous India
- MICROTEK
- Schneider Electric
- Su-Kam Power Systems
Other prominent vendors
- Arise India
- BEIJING EPSOLAR TECHNOLOGY
- Delta Electronics
- Morningstar
- Phocos
- Samlex America
- Shuori New Energy
- Steca Elektronik
- Studer Innotec
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Market driver
- Rise in solar energy installations
Market challenge
- Intermittent nature of solar energy
Market trend
- Increasing demand for MPPT charge controllers
- Rising patent filings
- Rise in deployment of microgrids
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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