Solar Charge Controller Market Highlights:

The solar charge controller is the most important component of a solar energy system. It makes it possible for all the other parts to work together and help to reduce the voltage of solar panel. Basic charge controller simply monitors the battery voltage and opens the circuit, stopping the charging, when the battery voltage rises to a certain level. Whereas, modern charge controller lowers the amount of power applied to the batteries, when it is close to get overcharged.

The solar charge controller usually operates by regulating the flow of energy from the panels to the energy storage system, which is directly connected as a DC - coupled system. One of the most important result of this is that it gives batteries in the storage system, a longer life. The solar charge controller normally does this by preventing overcharging of the systems and even at times against over voltage, which may lead to a safety risk. Usually, the solar charge controllers are either designed as circuit integrated within a battery pack or as complete standalone systems.

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Segmentation

The solar charge controllers are predominantly classified based on the technology they operate. In general, there are three different types of charge controller technologies available for solar systems. Firstly, it is the simple 1 or 2 stage controls that are depended on shunt transistors and relays in controlling the voltage. The stage controllers generally operate in one or two steps by effectively disconnecting the solar panel when it reaches a certain critical voltage. These systems are typically reliable since they have only a few components. The second type of solar charge controllers are the pulse-width modulation (PWM) controllers, which are characteristically small. The PWM technology is operated on the basis of sending out short controlling pulses to the battery but they lack agility in operations. For instance, they lack the ability to optimize the operations of different solar panels present in a single array. This technology is highly adopted in areas where the solar radiation is strong and steady with constant radiation presence.

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Regional Analysis

The global solar charger controllers market by region has been segmented into North America, Europe, Asia Pacific and Rest of the world.

This market is expected to witness high growth in the forecast years. Among the regions covered, Asia Pacific is projected to have the highest market share, as the region is witnessing increasing solar power installations for off grid and remote electrification purposes. Especially in countries such as China and India, government policies and incentive structures are contributing in the fast adoption of solar power, which in turn drives the market for solar charge controllers. Furthermore, North America region is the next big market for solar charge controllers as the region is continously investing in building large-scale solar based utility plants.

Leading Players

Genasun (Italy), Luminous India (India), Microtek (China), Schneider Electric (France), Su-Kam Power Systems (India), and Arise India (India). Delta Electronics (India), Sungrow Power Supply Co., Ltd (China), Victron Energy (Netherlands), and Beijing Epsolar Technology Co., Ltd (China).

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