The Europe Solar Charge Controller Market would witness market growth of 6.3% CAGR during the forecast period (2022-2028).
Due to the presence of key manufacturers throughout the region and the expanding exports of solar equipment from China to other countries in the world, the market in countries such as China is anticipated to experience considerable expansion during the forecast period. Significant industry expenditures have also led to the production of solar-related products and equipment at a lower cost. Over the course of the projection period, it is projected that this tendency would offer a potential growth environment for the market.
The functional capability of solar charge controllers is being positively impacted by technological improvements, including controllers equipped with smart communication technology, like Bluetooth, auto night detecting capabilities, & smart sensor technologies. The industry-wide penetration rate of the product is anticipated to increase as a result of this blending of innovative methodologies with current technology.
The countries of the European Union (EU) will have installed a large number of new PV plants. The government's Feed-in Tariff project is one of the most persuasive arguments for investing in substantial renewable energy sources such as solar panels. In order to help defray the expense of purchasing the system, this proposal effectively meant that the government would pay for the electricity produced by solar panel systems. Additionally, the European Union has started a "Green Deal" project to reduce carbon emissions and maximize domestic solar energy production.
The Germany market dominated the Europe Solar Charge Controller Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $145.6 million by 2028. The UK market is anticipated a CAGR of 5.3% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 7.1% during (2022 - 2028).
Based on End User, the market is segmented into Commercial, Industrial, Residential, and Utilities. Based on Type, the market is segmented into Maximum Power Point Tracking (MPPT), Pulse Width Modulation (PWM), and Simple 1 or 2 stage Control. Based on Current Capacity, the market is segmented into 20A to 40A, Less than 20A, and More than 40A. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Solar Charge Controller Market will Hit $2.6 Billion by 2028, at a CAGR of 7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Schneider Electric SE, EnerSys, Xantrex Technologies, Inc. (Mission Critical Electronics LLC), Sunforge LLC, Luminous Power Technologies (P) Ltd., Studer Innotec SA, KATEK Memmingen GmbH, Shenzhen Shuori New Energy Technology Co. Ltd., Microtek International Pvt Ltd., and Phocas AG.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Commercial
- Industrial
- Residential
- Utilities
By Type
- Maximum Power Point Tracking (MPPT)
- Pulse Width Modulation (PWM)
- Simple 1 or 2 stage Control
By Current Capacity
- 20A to 40A
- Less than 20A
- More than 40A
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Schneider Electric SE
- EnerSys
- Xantrex Technologies, Inc. (Mission Critical Electronics LLC)
- Sunforge LLC
- Luminous Power Technologies (P) Ltd.
- Studer Innotec SA
- KATEK Memmingen GmbH
- Shenzhen Shuori New Energy Technology Co. Ltd.
- Microtek International Pvt Ltd.
- Phocas AG
TABLE 1 Europe Solar Charge Controller Market, 2018 - 2021, USD Million
TABLE 2 Europe Solar Charge Controller Market, 2022 - 2028, USD Million
TABLE 3 Europe Solar Charge Controller Market by End User, 2018 - 2021, USD Million
TABLE 4 Europe Solar Charge Controller Market by End User, 2022 - 2028, USD Million
TABLE 5 Europe Commercial Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Commercial Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Industrial Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Industrial Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Residential Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Residential Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Utilities Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Utilities Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Solar Charge Controller Market by Type, 2018 - 2021, USD Million
TABLE 14 Europe Solar Charge Controller Market by Type, 2022 - 2028, USD Million
TABLE 15 Europe Maximum Power Point Tracking (MPPT) Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Maximum Power Point Tracking (MPPT) Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Pulse Width Modulation (PWM) Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Pulse Width Modulation (PWM) Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Simple 1 or 2 stage Control Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Simple 1 or 2 stage Control Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Solar Charge Controller Market by Current Capacity, 2018 - 2021, USD Million
TABLE 22 Europe Solar Charge Controller Market by Current Capacity, 2022 - 2028, USD Million
TABLE 23 Europe 20A to 40A Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe 20A to 40A Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Less than 20A Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Less than 20A Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe More than 40A Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe More than 40A Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Solar Charge Controller Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Solar Charge Controller Market by Country, 2022 - 2028, USD Million
TABLE 31 Germany Solar Charge Controller Market, 2018 - 2021, USD Million
TABLE 32 Germany Solar Charge Controller Market, 2022 - 2028, USD Million
TABLE 33 Germany Solar Charge Controller Market by End User, 2018 - 2021, USD Million
TABLE 34 Germany Solar Charge Controller Market by End User, 2022 - 2028, USD Million
TABLE 35 Germany Solar Charge Controller Market by Type, 2018 - 2021, USD Million
TABLE 36 Germany Solar Charge Controller Market by Type, 2022 - 2028, USD Million
TABLE 37 Germany Solar Charge Controller Market by Current Capacity, 2018 - 2021, USD Million
TABLE 38 Germany Solar Charge Controller Market by Current Capacity, 2022 - 2028, USD Million
TABLE 39 UK Solar Charge Controller Market, 2018 - 2021, USD Million
TABLE 40 UK Solar Charge Controller Market, 2022 - 2028, USD Million
TABLE 41 UK Solar Charge Controller Market by End User, 2018 - 2021, USD Million
TABLE 42 UK Solar Charge Controller Market by End User, 2022 - 2028, USD Million
TABLE 43 UK Solar Charge Controller Market by Type, 2018 - 2021, USD Million
TABLE 44 UK Solar Charge Controller Market by Type, 2022 - 2028, USD Million
TABLE 45 UK Solar Charge Controller Market by Current Capacity, 2018 - 2021, USD Million
TABLE 46 UK Solar Charge Controller Market by Current Capacity, 2022 - 2028, USD Million
TABLE 47 France Solar Charge Controller Market, 2018 - 2021, USD Million
TABLE 48 France Solar Charge Controller Market, 2022 - 2028, USD Million
TABLE 49 France Solar Charge Controller Market by End User, 2018 - 2021, USD Million
TABLE 50 France Solar Charge Controller Market by End User, 2022 - 2028, USD Million
TABLE 51 France Solar Charge Controller Market by Type, 2018 - 2021, USD Million
TABLE 52 France Solar Charge Controller Market by Type, 2022 - 2028, USD Million
TABLE 53 France Solar Charge Controller Market by Current Capacity, 2018 - 2021, USD Million
TABLE 54 France Solar Charge Controller Market by Current Capacity, 2022 - 2028, USD Million
TABLE 55 Russia Solar Charge Controller Market, 2018 - 2021, USD Million
TABLE 56 Russia Solar Charge Controller Market, 2022 - 2028, USD Million
TABLE 57 Russia Solar Charge Controller Market by End User, 2018 - 2021, USD Million
TABLE 58 Russia Solar Charge Controller Market by End User, 2022 - 2028, USD Million
TABLE 59 Russia Solar Charge Controller Market by Type, 2018 - 2021, USD Million
TABLE 60 Russia Solar Charge Controller Market by Type, 2022 - 2028, USD Million
TABLE 61 Russia Solar Charge Controller Market by Current Capacity, 2018 - 2021, USD Million
TABLE 62 Russia Solar Charge Controller Market by Current Capacity, 2022 - 2028, USD Million
TABLE 63 Spain Solar Charge Controller Market, 2018 - 2021, USD Million
TABLE 64 Spain Solar Charge Controller Market, 2022 - 2028, USD Million
TABLE 65 Spain Solar Charge Controller Market by End User, 2018 - 2021, USD Million
TABLE 66 Spain Solar Charge Controller Market by End User, 2022 - 2028, USD Million
TABLE 67 Spain Solar Charge Controller Market by Type, 2018 - 2021, USD Million
TABLE 68 Spain Solar Charge Controller Market by Type, 2022 - 2028, USD Million
TABLE 69 Spain Solar Charge Controller Market by Current Capacity, 2018 - 2021, USD Million
TABLE 70 Spain Solar Charge Controller Market by Current Capacity, 2022 - 2028, USD Million
TABLE 71 Italy Solar Charge Controller Market, 2018 - 2021, USD Million
TABLE 72 Italy Solar Charge Controller Market, 2022 - 2028, USD Million
TABLE 73 Italy Solar Charge Controller Market by End User, 2018 - 2021, USD Million
TABLE 74 Italy Solar Charge Controller Market by End User, 2022 - 2028, USD Million
TABLE 75 Italy Solar Charge Controller Market by Type, 2018 - 2021, USD Million
TABLE 76 Italy Solar Charge Controller Market by Type, 2022 - 2028, USD Million
TABLE 77 Italy Solar Charge Controller Market by Current Capacity, 2018 - 2021, USD Million
TABLE 78 Italy Solar Charge Controller Market by Current Capacity, 2022 - 2028, USD Million
TABLE 79 Rest of Europe Solar Charge Controller Market, 2018 - 2021, USD Million
TABLE 80 Rest of Europe Solar Charge Controller Market, 2022 - 2028, USD Million
TABLE 81 Rest of Europe Solar Charge Controller Market by End User, 2018 - 2021, USD Million
TABLE 82 Rest of Europe Solar Charge Controller Market by End User, 2022 - 2028, USD Million
TABLE 83 Rest of Europe Solar Charge Controller Market by Type, 2018 - 2021, USD Million
TABLE 84 Rest of Europe Solar Charge Controller Market by Type, 2022 - 2028, USD Million
TABLE 85 Rest of Europe Solar Charge Controller Market by Current Capacity, 2018 - 2021, USD Million
TABLE 86 Rest of Europe Solar Charge Controller Market by Current Capacity, 2022 - 2028, USD Million
TABLE 87 Key information – Schneider Electric SE
TABLE 88 Key Information – EnerSys
TABLE 89 Key Information – Xantrex Technologies, Inc.
TABLE 90 Key Information – Sunforge LLC
TABLE 91 Key information – Luminous Power Technologies (P) Ltd.
TABLE 92 Key Information – Studer Innotec SA
TABLE 93 Key information – KATEK Memmingen GmbH
TABLE 94 Key Information – Shenzhen Shuori New Energy Technology Co. Ltd.
TABLE 95 Key Information – Microtek International Pvt. Ltd.
TABLE 96 key Information – Phocas AG
List of Figures
FIG 1 Methodology for the research