Solar Charge Controller Market to Register Substantial Expansion by 2025 (1)

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Global Solar Charge Controller Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2025

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Global Solar Charge Controller Market
Snapshot

• As governments around the world focus their
  efforts on curbing pollution, the demand for
  alternative means of deriving power will surge.
• Against this backdrop various markets recorded
  tremendous growth in the recent past, the global
  solar charge controller market being one among
  them.
• Transparency Market Research has opined that the
  market is currently in a transitional phase,
  chiefly driven by various government initiatives
  and the shifting preference toward renewable
  sources to derive energy.
• Coupled with this, technological innovations and
  commercialization of solar charge controllers
  will ensue robust growth in the market.

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Demand for MPPT Charge Controllers to Surge as
Tests Indicate Better Performance in Cold and
Temperate Climates

• To present an in-depth overview, the report
  segments the global solar charge controller
  market in terms of type and end use, part from
  region.
• Based on type, the solar charge controller market
  is classified into pulse-width modulation (PWM)
  charge controller, maximum power point tracking
  (MPPT) charge controller, and simple 1 or 2 stage
  controls.
• Of these, TMR has observed rising penetration of
  PWM across diverse end-use industries. A PWM
  solar charge controller snips excess solar
  voltage, which in turn results in a loss of total
  power.
• As a result, the excess voltage generated by the
  solar array is reduced to the voltage value of
  the battery. Over the last couple of years, PWM
  solar charge controllers is therefore witnessing
  high demand.
• However, in the coming years, the MPPT segment is
  likely to gain momentum, as it has been
  established through tests that MPPT charge
  controllers outperform PWM charge controllers in
  cold and temperate climates.

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Asia Pacific to Continue Exhibiting Lucrative
Prospects through Forecast Period

• In terms of region, the global solar charge
  controller market has been classified into North
  America, Europe, Latin America, Asia Pacific, and
  the Middle East Africa. Among these regions,
  Asia Pacific holds the maximum share in the
  global solar charge controller market.
• The rising demand for solar charge controllers
  from economies such as India, China and Japan
  will create lucrative prospects for the market in
  the region.
• The Asia Pacific market is also estimated to be
  exhibit the highest growth during the course of
  the reports forecast period due to the increase
  in the demand from industrial and residential
  segments.

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Key players in the global solar charge controller
market 

• Power Inc, Xantrex Technologies
• Genasun LLC
• Luminous Power Technologies Pvt. Ltd
• Wenzhou Xihe Electric Co. Ltd
• Phocos
• Beijing Epsolar Technology Co., Ltd

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