Solar Charge Controllers Market (Updated Version Available)

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.
During 2017, the non-residential segment accounted for the major shares and dominated the solar charge controllers market. The increasing government initiatives in setting up hospitals, government, small and medium-sized businesses (SMBs), and IT and telecom, that require several battery units demand the need for solar energy power sources. With numerous government initiatives, building developers are implementing energy management systems (EMS) and inverters with solar PV panels on non-residential buildings, thereby promoting sustainability and improving the overall building efficiency.
This market study estimates that in terms of geographic regions, APAC dominated the market by accounting for the major revenue shares during 2017. This was mainly due to factors such as the growing environmental awareness, the rising demand for energy, growing population, and the improving standards of living. Additionally, the initiatives taken by the countries towards solar energy generation to replace the dependence on fossil fuel will also drive the growth prospects of the solar charge controllers market in this region.
The report outlines the development of diverse regions and countries by including the market size, volume and value. It also contains the manufacturers data such as batch, price revenue, profit, interview record and business distributors.
The Solar Charge Controllers market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 to 2025.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Global market, the following companies are covered:
Phocos
Morningstar
Steca
Shuori New Energy
Beijing Epsolar
OutBack Power
Remote Power
Victron Energy
Studer Innotec
Renogy
Specialty Concepts
Sollatek
Blue Sky Energy
Wuhan Wanpeng

Market Segment by Product Type
PWM Solar Charge Controller
MPPT Solar Charge Controller

Market Segment by Application
Industrial & Commercial
Residential & Rural Electrification

Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the companys product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Solar Charge Controllers market for the forecast period 2020 - 2025?
• What are the driving forces in the Solar Charge Controllers market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Solar Charge Controllers industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?