Press release
DC Optimizer Market Research Report: Types,Volume,Revenue and Industry Analysis 2023
Global Info Research announces the release of the report "Global DC Optimizer Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029" . The report is a detailed and comprehensive analysis presented by region and country, type and application. As the market is constantly changing, the report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. In addition, the report provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.According to our (Global Info Research) latest study, the global DC Optimizer market size was valued at USD 1375.7 million in 2022 and is forecast to a readjusted size of USD 6948.1 million by 2029 with a CAGR of 26.0% during review period.
A DC Optimizer (power optimizer) is a DC to DC converter technology developed to maximize the energy harvest from solar photovoltaic or wind turbine systems. They do this by individually tuning the performance of the panel or wind turbine through maximum power point tracking, and optionally tuning the output to match the performance of the string inverter (DC to AC inverter). Power optimizers are especially useful when the performance of the power generating components in a distributed system will vary widely, such as due to differences in equipment, shading of light or wind, or being installed facing different directions or widely separated locations.
A Power Optimizer is a DC-to-DC converter installed at the output of each module in the PV system. This device uses an MPPT technique considering the I-V curve, to improve performance on a module level. Unlike microinverters, power optimizers do not convert DC power into AC, which is why they require a string inverter to operate in what is known an optimized string inverter configuration.
Optimizers turn each PV module in the system into smart-modules. These devices can set the voltage for the whole string, increasing the flexibility and size of the system, while also providing monitoring for each module. Some power optimizers include a SafeDC feature that brings down DC voltage to safe levels during power outages in grid-tied PV systems.
If partial shade is cast over the panel with the optimizer installed, the optimizer will increase the panel's voltage while reducing the current. As already know, the voltage stays the same in a series string, and the currents add up.
The statistics in this report include module-level power optimizers and string-level power optimizers, excluding optimizer modules integrated in inverters, and excluding sub-module-level power optimizers.
Global 5 largest manufacturers of DC Optimizer are SolarEdge, Huawei, Tigo, Ampt and GNE, which make up over 95%. Among them, SolarEdge is the leader with about 85% market share.
Europe is the largest market, with a share over 50%, followed by Americas and Asia Pacific, with the share about 40% and 6%. In terms of product type, Module-level Optimizers occupy the largest share of the total market, over 97%. And in terms of application, the largest application is Residential, followed by Commercial and Industrial.
The Global Info Research report includes an overview of the development of the DC Optimizer industry chain, the market status of Residential (Module-level Optimizers, String-level Optimizers), Commercial and Industrial (Module-level Optimizers, String-level Optimizers), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of DC Optimizer.
Regionally, the report analyzes the DC Optimizer markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global DC Optimizer market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
Global DC Optimizer market size and forecasts, in consumption value), sales quantity, and average selling prices, 2018-2029
Global DC Optimizer market size and forecasts by region and country, in consumption value, sales quantity, and average selling prices, 2018-2029
Global DC Optimizer market size and forecasts, by Type and by Application, in consumption value, sales quantity, and average selling prices, 2018-2029
Global DC Optimizer market shares of main players, shipments in revenue, sales quantity, and ASP, 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for DC Optimizer
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global DC Optimizer market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments.
Request Free Sample Copy Or Get This Report At:
https://www.globalinforesearch.com/reports/995322/dc-optimizer
The DC Optimizer market is segmented as below:
Market segment by Type
Module-level Optimizers
String-level Optimizers
Market segment by Application
Residential
Commercial and Industrial
Utility-Scale
Major players covered
SolarEdge
Huawei
Tigo
Ampt
Ferroamp
Alencon Systems
GNE
Fonrich
The Main Contents of the Report, includes a total of 15 chapters:
Chapter 1, to describe DC Optimizer product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of DC Optimizer, with price, sales, revenue and global market share of DC Optimizer from 2018 to 2023.
Chapter 3, the DC Optimizer competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the DC Optimizer breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and DC Optimizer market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of DC Optimizer.
Chapter 14 and 15, to describe DC Optimizer sales channel, distributors, customers, research findings and conclusion.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the DC Optimizer market covers the following areas:
Limit Switch Actuator and Operating Head market sizing
Limit Switch Actuator and Operating Head market forecast
Limit Switch Actuator and Operating Head market industry analysis
Analyze the needs of the global DC Optimizerbusiness market
Answer the market level of global DC Optimizer
Statistics the annual growth of the global DC Optimizerproduction market
The main producers of the global DC Optimizerproduction market
Describe the growth factor that promotes market demand
Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.
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GlobaI Info Research
Web: https://www.globalinforesearch.com
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Email: report@globalinforesearch.com
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