Solar Charge Controllers Market Research Report- Forecast 2027

Global Solar Charge Controller Market Information by Type (PWM (Pulse Width Modulation, Simple 1 or 2 stage controls, and MPPT (Maximum Power Point Tracking)), by Application (Commercial, Industrial and Residential) and by Region - Global Forecast to 2027.

ID: MRFR/E&P/2927-HCR | February 2021 | Region: Global | 110 pages

Please note that the assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario


A Solar Charge Controller or more commonly, charge regulator is basically used to keep the batteries in the solar power systems from overcharging by regulating the current or voltage produced by the solar panels. Typically, charge controllers are not necessary for trickle charge panels or small capacity panels such as 1 to 5-watt panels. However, since solar panels are increasingly used with energy storage, it is essential to find a way to regulate the flow of energy as these panels are of much higher capacity. Besides, global safety regulations for the use of solar panels and batteries prevent batteries from overcharging as they may result in serious damage to the entire storage and even the panel systems.


The solar charge controller usually operates by regulating the flow of energy from the panels to the energy storage system, which is directly connected as a DC – coupled system. One of the most important result of this is that it gives batteries in the storage system, a longer life. The solar charge controller normally does this by preventing overcharging of the systems and even at times against overvoltage, which may lead to a safety risk. Usually, the solar charge controllers are either designed as circuit integrated within a battery pack or as complete standalone systems.


The solar charge controllers are predominantly classified based on the technology they operate. In general, there are three different types of charge controller technologies available for solar systems. Firstly, it is the simple 1 or 2 stage controls that are depended on shunt transistors and relays in controlling the voltage. The stage controllers generally operate in one or two steps by effectively disconnecting the solar panel when it reaches a certain critical voltage. These systems are typically reliable since they have only a few components. The second type of solar charge controllers are the pulse-width modulation (PWM) controllers, which are characteristically small. The PWM technology is operated on the basis of sending out short controlling pulses to the battery but they lack agility in operations. For instance, they lack the ability to optimize the operations of different solar panels present in a single array. This technology is highly adopted in areas where the solar radiation is strong and steady with constant radiation presence.


The other major type of solar charge controller is the maximum power point tracking (MPPT) controller. These systems are majorly found in larger systems or utility-scale solar installations due to their ability to offer superior performance. Solar MPPT charge controllers have the facility to connect strings of panels for generating higher voltages, which in turn can increase a solar arrays effectiveness by 30%. This has essentially led the solar MPPT charge controllers to be the most preferred technology.


The solar charge controller increasingly finds its application in residential solar systems, industrial establishments where solar panels are used to power operations and in utility-scale solar projects. The cost of generating energy from solar is rapidly decreasing across globe as the solar generated power is reaching grid parity with conventional fuel sources. As South-East Asian countries and other regions across the globe witness huge deployment of solar power due to increasing commitment to climate change targets, solar charge controllers are expected to witness a surge in growth. The utility-scale and large solar power installations are expected to be the major growth factors for MPPT type solar charge controllers. On the residential and smaller commercial solar panel operations, the pulse width modulation technology is expected to dominate the market.


MRFR analysts predict that the global solar charge controllers market will grow steadily during the forecast period and post a CAGR of around 15.02% by 2023


Global Solar Charge Controller Market


The global solar charger controllers market by region has been segmented into North America, Europe, Asia Pacific and Rest of the world. This market is expected to witness high growth in the forecast years. Among the regions covered, Asia Pacific is projected to have the highest market share, as the region is witnessing increasing solar power installations for off grid and remote electrification purposes. Especially in countries such as China and India, government policies and incentive structures are contributing in the fast adoption of solar power, which in turn drives the market for solar charge controllers. Furthermore, North America region is the next big market for solar charge controllers as the region is continously investing in building large-scale solar based utility plants.  


The Global Solar Charge Controllers Market research report from Market Research Future comprises of broad primary research along with the in-depth study of qualitative as well as quantitative aspects of the market by interactions with industry experts, key opinion leaders to gain deeper understanding of the market and industry performance. The report comprises of current market scenario which comprises historical and projected market size in terms of value and volume, technological advancement, macroeconomic and governing factors in the market.


Key Players


The report provides detailed information and strategies of the top key players in the industry. We recognize those players as Genasun (Italy), Luminous India (India), Microtek (China), Schneider Electric (France), Su-Kam Power Systems (India), and Arise India (India). Delta Electronics (India), Sungrow Power Supply Co., Ltd (China), Victron Energy (Netherlands), and Beijing Epsolar Technology Co., Ltd (China) are among others.



Frequently Asked Questions (FAQ) :


The solar charge controllers market is poised to mark 15.02% CAGR.

By application, the segments of the solar charge controllers market are commercial, residential, and industrial.

Increasing applications in residential solar systems and industrial establishments are presumed to drive the growth of the solar charge controllers market.

APAC market is supposed to hold the forefront position in the global solar charge controllers market.

The key contributors are Genasun (Italy), Microtek (China), Luminous India (India), Schneider Electric (France), Arise India (India), Su-Kam Power Systems (India), Delta Electronics (India), Victron Energy (Netherlands), Sungrow Power Supply Co., Ltd (China), and Beijing Epsolar Technology Co., Ltd (China).

1 Executive Summary

2 Research Methodology

2.1 Scope of the Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4 Global Solar Charge Controllers Market, By Type

4.1 Introduction

4.2 MPPT (Maximum Power Point Tracking)

4.3 PWM (Pulse Width Modulation)

5 Global Solar Charge Controllers Market, By End-user

5.1 Introduction

5.2 Residential

5.3 Non-residential

6 Regional Market Analysis

6.1 Introduction

6.2 North America

6.2.1 U.S.

6.2.2 Canada

6.3 Europe

6.3.1 U.K

6.3.2 France

6.3.3 Germany

6.3.4 Spain

6.3.5 Rest of Europe

6.4 Asia-Pacific

6.4.1 China

6.4.2 Japan

6.4.3 India

6.4.4 Rest of Asia-Pacific

6.5 Rest of the World

7 Competitive Analysis

7.1 Introduction

7.2 Competitive Scenario

7.2.1 Market Share Analysis

7.2.2 Market Development Analysis

7.2.3 Type /Service Benchmarking

7.3 Genasun

7.3.1 Overview

7.3.2 Type /Service Offering

7.3.3 Strategy

7.4 Luminous India

7.4.1 Overview

7.4.2 Type /Service Offering

7.4.3 Strategy

7.5 Microtek

7.5.1 Overview

7.5.2 Type /Service Offering

7.5.3 Strategy

7.7 Schneider Electric

7.7.1 Overview

7.7.2 Type /Service Offering

7.7.3 Strategy

7.7 Su-Kam Power Systems

7.7.1 Overview

7.7.2 Type /Service Offering

7.7.3 Strategy

7.8 Arise India

7.8.1 Overview

7.8.2 Type /Service Offering

7.8.3 Strategy

7.9 Delta Electronics

7.9.1 Overview

7.9.2 Type /Service Offering

7.9.3 Strategy

7.10 Sungrow Power Supply Co., Ltd

7.10.1 Overview

7.10.2 Type /Service Offering

7.10.3 Strategy

7.11 Victron Energy

7.11.1 Overview

7.11.2 Type /Service Offering

7.11.3 Strategy

7.12 Beijing Epsolar Technology Co., Ltd

7.12.1 Overview

7.12.2 Type /Service Offering

7.12.3 Strategy

LIST OF TABLES

TABLE 1 GLOBAL SOLAR CHARGE CONTROLLERS MARKET, BY TYPE

TABLE 2 GLOBAL SOLAR CHARGE CONTROLLERS MARKET, BY END-USER

TABLE 3 GLOBAL SOLAR CHARGE CONTROLLERS MARKET, BY REGIONS

TABLE 4 NORTH AMERICA SOLAR CHARGE CONTROLLERS MARKET, BY TYPE

TABLE 5 NORTH AMERICA SOLAR CHARGE CONTROLLERS MARKET, BY END-USER

TABLE 6 U.S. SOLAR CHARGE CONTROLLERS MARKET, BY TYPE

TABLE 7 U.S. SOLAR CHARGE CONTROLLERS MARKET, BY END-USER

TABLE 8 CANADA SOLAR CHARGE CONTROLLERS MARKET, BY TYPE

TABLE 9 CANADA SOLAR CHARGE CONTROLLERS MARKET, BY END-USER

TABLE 10 EUROPE SOLAR CHARGE CONTROLLERS MARKET, BY TYPE

TABLE 11 EUROPE SOLAR CHARGE CONTROLLERS MARKET, BY END-USER

TABLE 12 GERMANY SOLAR CHARGE CONTROLLERS MARKET, BY TYPE

TABLE 13 GERMANY SOLAR CHARGE CONTROLLERS MARKET, BY END-USER

TABLE 14 FRANCE SOLAR CHARGE CONTROLLERS MARKET, BY TYPE

TABLE 15 FRANCE SOLAR CHARGE CONTROLLERS MARKET, BY END-USER

TABLE 16 U.K. SOLAR CHARGE CONTROLLERS MARKET, BY TYPE

TABLE 17 U.K. SOLAR CHARGE CONTROLLERS MARKET, BY END-USER

TABLE 18 REST OF EUROPE SOLAR CHARGE CONTROLLERS MARKET, BY TYPE

TABLE 19 REST OF EUROPE SOLAR CHARGE CONTROLLERS MARKET, BY END-USER

TABLE 20 ASIA-PACIFIC SOLAR CHARGE CONTROLLERS MARKET, BY TYPE

TABLE 21 ASIA-PACIFIC SOLAR CHARGE CONTROLLERS MARKET, BY END-USER

TABLE 22 ROW SOLAR CHARGE CONTROLLERS MARKET, BY TYPE

TABLE 23 ROW SOLAR CHARGE CONTROLLERS MARKET, BY END-USER

LIST OF FIGURES

FIGURE 1 RESEARCH METHODOLOGY

FIGURE 2 GLOBAL SOLAR CHARGE CONTROLLERS MARKET: BY TYPE (%)

FIGURE 3 GLOBAL SOLAR CHARGE CONTROLLERS MARKET: BY END MARKET (%)

FIGURE 4 GLOBAL SOLAR CHARGE CONTROLLERS MARKET: BY REGION

FIGURE 5 NORTH AMERICA SOLAR CHARGE CONTROLLERS MARKET, BY TYPE (%)

FIGURE 6 NORTH AMERICA SOLAR CHARGE CONTROLLERS MARKET, BY END MARKET (%)

FIGURE 7 EUROPE SOLAR CHARGE CONTROLLERS MARKET, BY TYPE (%)

FIGURE 8 EUROPE SOLAR CHARGE CONTROLLERS MARKET, BY END MARKET (%)

FIGURE 9 ASIA-PACIFIC SOLAR CHARGE CONTROLLERS MARKET, BY TYPE (%)

FIGURE 10 ASIA-PACIFIC SOLAR CHARGE CONTROLLERS MARKET, BY END MARKET (%)

FIGURE 11 ROW SOLAR CHARGE CONTROLLERS MARKET, BY TYPE (%)

FIGURE 12 ROW SOLAR CHARGE CONTROLLERS MARKET, BY END MARKET (%)