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Solar Charge Controllers Market describes its growth, share, size, Forecast and trends to 2025

01-03-2019 10:44 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QY Research, Inc. 

Solar Charge Controllers Market describes its growth, share,

This report studies the Solar Charge Controllers market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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 global Solar Charge Controllers market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.

Request Sample Copy of Solar Charge Controllers Market Report @
https://www.qyresearch.com/sample-form/form/668358/global-solar-charge-controllers-market

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Solar Charge Controllers in these regions, from 2013 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

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

By the product type, the market is primarily split into

PWM Solar Charge Controller

MPPT Solar Charge Controller

By the end users/application, this report covers the following segments

Industrial & Commercial

Residential & Rural Electrification

Request Discount on Solar Charge Controllers Market Report @ https://www.qyresearch.com/request-discount/form/668358/global-solar-charge-controllers-market

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QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.

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