The global market size of Solar Power Regulators is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2025 with a CAGR of XX% from 2019 to 2025.
Launch of new PV panel plants is expected to propel growth of the global solar power regulators market over the forecast period. For instance, in May 2019, Toledo Solar, Inc. started its first U.S.-based cadmium telluride solar PV panel plant. Similarly, in October 2020, E.ON, RO construction materials producer, announced to build a photovoltaic (PV) plant with an installed capacity of 1,108 kWp that will produce about 1,250 MWh of electricity per year for the construction materials manufacturer Samus TEC Dej.
Moreover, increasing adoption of solar energy is also expected to propel growth of the solar power regulators market over the forecast period. For instance, in June 2019, a survey of CITE Research on behalf of Vivint Solar reported that 70% adults in the U.S. support a nationwide mandate requiring solar panels to be installed on all newly built homes.
Growing residential sector is expected offer lucrative growth opportunities for players in the global solar power regulators market. For instance, according to the U.S. Census Bureau, in February 2020, there were 1,464,000, building permits, 1,599,000 housing starts, and 1,316,000, housing completions in the U.S. Moreover, government initiatives to boost adoption of solar energy are also expected to aid in growth of the market. For instance, in September 2020, The Senegalese Ministry of Energy introduced a VAT exemption for PV products when connected to an off-grid project.
However, inconsistent availability of solar energy is expected to limit growth of the global solar power regulators market. Limited life span for solar cell portable chargers is also expected to limit the market growth.
Among regions, Asia Pacific is expected to witness significant growth in the solar power regulators market, owing to increasing deployment of rooftop PV. For instance, in March 2021, Clean Energy Regulator of Australia reported that the 7GW of new renewables capacity exceeded the regulator’s 6.3GW estimate for 2020 in Australia.
Europe is also expected to witness significant growth in the solar power regulators market, owing to increasing solar capacity. For instance, Germany added 201 MW of onshore wind capacity in February 2021, while solar capacity grew by 350 MW, according to Federal Network Agency, Germany.
Key Takeaways
- Launch of new PV panel plants is expected to propel growth of the global solar power regulators market over the forecast period
- Major players operating in the global solar power regulators market include, Solar Technology, Omron, Steca Elektronik, Morningstar, Phocos, and OPTI
Global Solar Power Regulators Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Solar Power Regulators industry.
The key insights of the report:
1.The report provides key statistics on the market status of the Solar Power Regulators manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2025 market development trends of Solar Power Regulators industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Solar Power Regulators Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Solar Power Regulators as well as some small players. At least 6 companies are included:
* Solar Technology
* Omron
* Steca
* Morningstar
* Phocos
* OPTI
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share
For product type segment, this report listed main product type of Solar Power Regulators market
* Product Type I
* Product Type II
* Product Type III
For end use/application segment, this report focuses on the status and outlook for key applications. End users are also listed.
* Application I
* Application II
* Application III
For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.
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