Global and U.S. Solar Energy Monitors Market Report, Published by QY Research.

QY Research has released a comprehensive new market report on Solar Energy Monitors, intelligent monitoring devices and software platforms that track, analyze, and optimize the performance of solar photovoltaic (PV) systems in real time. By measuring parameters such as power output, energy yield, voltage, current, and system efficiency, solar energy monitors are essential tools for homeowners, commercial operators, utilities, and solar asset managers seeking to maximize return on investment and ensure long-term system reliability. As global solar capacity continues to expand and digital energy management becomes standard practice, this report delivers an in-depth assessment of market size, technology evolution, and competitive dynamics.

Core Market Data

Global market size: USD 2.6 billion
CAGR (2024-2030): 12.7%
Average price: USD 1500 per unit
Annual production: 1.7 million units
Gross margin: 34%
Production capacity: 2 million units

List of Main Players

SolarEdge (NASDAQ: SEDG, USA)
Enphase Energy (NASDAQ: ENPH, USA)
Sungrow Power (SZSE: 300274, China)
SMA Solar (XETRA: S92, Germany)
ABB Group (SIX: ABBN, Switzerland)
Schneider Electric (EPA: SU, France)
Itron (NASDAQ: ITRI, USA)
Landis+Gyr (SIX: LAND, Switzerland)
SunPower (NASDAQ: SPWR, USA)
Delta Electronics (TWSE: 2308, Taiwan)
GoodWe Technologies (SSE STAR: 688390, China)
Huawei (Private, China)
Tigo Energy (Private, USA)
Trimark (Private, USA)
Solargis (Private, Czech)
AlsoEnergy (Private, USA)
Solar-Log (Private, Germany)
Fronius (Private, Austria)
Igen Tech (Private, China)
Sense (Private, USA)
Emporia Energy (Private, USA)

1. By Monitoring Level

System-level solar energy monitors
Inverter-integrated monitoring
Module-level (panel-level) monitoring
String-level monitoring systems

2. By Connectivity

On-Premise Systems
Cloud-Based Systems
Hybrid Systems

3. By End User

Residential rooftop solar systems
Commercial & industrial (C&I) PV installations
Utility-scale solar power plants
Community solar projects

4. By Application

Energy production tracking
Performance ratio and efficiency analysis
Fault detection and predictive maintenance
Consumption vs. generation optimization
Net-metering and billing verification

Case Study for Bidding

Time: May 2024
Supplier: SolarEdge Technologies
Buyer: Brookfield Renewable
Product: Utility-scale solar energy monitoring platforms with module-level analytics
Capacity Covered: 3.8 GW of installed PV assets
Contract Value: USD 210 million
Deployment Timeline: Q2 2026

Case Study for End Using

End User: Amazon

Application: Monitoring and optimization of rooftop and ground-mounted solar systems across logistics centers and data facilities.

Installation Location / Usage Stage

Installed at inverter outputs and main distribution panels.
Integrated with energy management and sustainability dashboards.
Operated continuously with real-time alerts and analytics.

Purpose

Tracks real-time and historical solar energy production.
Identifies underperforming strings or panels.
Supports carbon reporting and sustainability targets.

Effect

Improved solar asset utilization by 18%.
Reduced downtime through early fault detection.
Enhanced visibility into renewable energy performance across sites.

Alternative Monitoring Approaches
Utility smart meters provide aggregate data but lack system-level diagnostics.
Manual inspections identify visible faults but cannot detect performance degradation in real time.
Inverter-only readouts are cost-effective but miss module- and string-level issues.

Therefore, Solar Energy Monitors have become a critical digital layer of modern PV systems, enabling data-driven optimization, predictive maintenance, and transparent energy management across residential, commercial, and utility-scale solar installations.

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