Europe Power Optimizer Market Size, Share & Industry Trends Analysis Report By Connectivity (On-grid and Standalone), By Application (Utility, Commercial and Residential), By End Use, By Country and Growth Forecast, 2022 - 2028

The Europe Power Optimizer Market would witness market growth of 9.9% CAGR during the forecast period (2022-2028).

The string voltage would also decrease as a result, but the central inverter adjusts all the other optimizers so that their output voltage slightly increases, maintaining the constant string voltage needed at the inverter. It is not possible to progressively retrofit these in a prevailing installation unless the inverter is also updated, and optimizers are installed on all panels at once. This is because this type of optimizer necessitates a central inverter from the same manufacturer as the optimizers.

The need for MPPT systems is rising as renewable energy installations for power generation increase all over the world. The integration of many features into a single device, such as improved monitoring, power line communication, and safety shutdown, is the main focus of the major market players. The expansion of the power optimizer market is also being driven by rising investments in green buildings, which need a solid and reliable electrical infrastructure.

The pharmaceuticals and healthcare sector of the region is expanding at a rapid pace. Over the past 20 years, both R&D spending and the introduction of new medications have surged in the region. The pharmaceutical sector spent $83 billion in R&D activities in 2019. That sum, after accounting for inflation, is roughly ten times what the sector spent annually in the 1980s. With 59 new drugs approved in 2018, the number of novel pharmaceuticals approved for sale increased by 60% between 2010 and 2019 in contrast to the prior decade. The anticipated revenue from a new drug, the anticipated development costs, and laws that affect drug supply and demand all have a role in determining how much money pharmaceutical companies invest in research and development.

The Germany market dominated the Europe Power Optimizer Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $312.2 million by 2028. The UK market is anticipated to grow at a CAGR of 9% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 10.7% during (2022 - 2028).

Based on Connectivity, the market is segmented into On-grid and Standalone. Based on Application, the market is segmented into Utility, Commercial and Residential. Based on End Use, the market is segmented into Module Level MPPT, Advanced Power Line Communication, Monitoring Components, Safety Shutdown Components and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global Power Optimizer Market will Hit $5.2 Billion by 2028, at a CAGR of 10.4%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Delta Electronics, Inc., SunPower Corporation, KACO new energy GmbH, Alencon Systems, LLC, SolarEdge Technologies, Inc., Enphase Energy, Inc., Tigo Energy, Inc., Altenergy Power System, Inc., Solantro Semiconductor Corp., and Sparq Systems Inc.

Scope of the Study

Market Segments Covered in the Report:

By Connectivity

• On-grid
• Standalone

By Application

• Utility
• Commercial
• Residential

By End Use

• Module Level MPPT
• Advanced Power Line Communication
• Monitoring Components
• Safety Shutdown Components
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

• Delta Electronics, Inc.
• SunPower Corporation
• KACO new energy GmbH
• Alencon Systems, LLC
• SolarEdge Technologies, Inc.
• Enphase Energy, Inc.
• Tigo Energy, Inc.
• Altenergy Power System, Inc.
• Solantro Semiconductor Corp.
• Sparq Systems Inc.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Power Optimizer Market, by Connectivity
1.4.2 Europe Power Optimizer Market, by Application
1.4.3 Europe Power Optimizer Market, by End Use
1.4.4 Europe Power Optimizer Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Recent Strategies deployed in Power Optimizer Market

Chapter 4. Europe Power Optimizer Market by Connectivity
4.1 Europe On-grid Market by Country
4.2 Europe Standalone Market by Country

Chapter 5. Europe Power Optimizer Market by Application
5.1 Europe Utility Market by Country
5.2 Europe Commercial Market by Country
5.3 Europe Residential Market by Country

Chapter 6. Europe Power Optimizer Market by End Use
6.1 Europe Module Level MPPT Market by Country
6.2 Europe Advanced Power Line Communication Market by Country
6.3 Europe Monitoring Components Market by Country
6.4 Europe Safety Shutdown Components Market by Country
6.5 Europe Others Market by Country

Chapter 7. Europe Power Optimizer Market by Country
7.1 Germany Power Optimizer Market
7.1.1 Germany Power Optimizer Market by Connectivity
7.1.2 Germany Power Optimizer Market by Application
7.1.3 Germany Power Optimizer Market by End Use
7.2 UK Power Optimizer Market
7.2.1 UK Power Optimizer Market by Connectivity
7.2.2 UK Power Optimizer Market by Application
7.2.3 UK Power Optimizer Market by End Use
7.3 France Power Optimizer Market
7.3.1 France Power Optimizer Market by Connectivity
7.3.2 France Power Optimizer Market by Application
7.3.3 France Power Optimizer Market by End Use
7.4 Russia Power Optimizer Market
7.4.1 Russia Power Optimizer Market by Connectivity
7.4.2 Russia Power Optimizer Market by Application
7.4.3 Russia Power Optimizer Market by End Use
7.5 Spain Power Optimizer Market
7.5.1 Spain Power Optimizer Market by Connectivity
7.5.2 Spain Power Optimizer Market by Application
7.5.3 Spain Power Optimizer Market by End Use
7.6 Italy Power Optimizer Market
7.6.1 Italy Power Optimizer Market by Connectivity
7.6.2 Italy Power Optimizer Market by Application
7.6.3 Italy Power Optimizer Market by End Use
7.7 Rest of Europe Power Optimizer Market
7.7.1 Rest of Europe Power Optimizer Market by Connectivity
7.7.2 Rest of Europe Power Optimizer Market by Application
7.7.3 Rest of Europe Power Optimizer Market by End Use

Chapter 8. Company Profiles
8.1 Delta Electronics, Inc. (Delta Energy systems GmbH)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.2 SunPower Corporation (Infineon Technologies AG)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Acquisition and Mergers:
8.3 KACO new energy GmbH (Siemens AG)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.4 Alencon Systems, LLC
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Partnerships, Collaborations, and Agreements:
8.4.2.2 Geographical Expansions:
8.5 SolarEdge Technologies, Inc.
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.5.2.2 Product Launches and Product Expansions:
8.6 Enphase Energy, Inc.
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Partnerships, Collaborations, and Agreements:
8.6.2.2 Acquisition and Mergers:
8.6.2.3 Geographical Expansions:
8.7 Tigo Energy, Inc.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.7.2.2 Product Launches and Product Expansions:
8.8 Altenergy Power System, Inc.
8.8.1 Company Overview
8.9 Solantro Semiconductor Corp. (Huada Semiconductor Co., Ltd.)
8.9.1 Company Overview
8.10. Sparq Systems Inc.
8.10.1 Company Overview

TABLE 1 Europe Power Optimizer Market, 2018 - 2021, USD Million
TABLE 2 Europe Power Optimizer Market, 2022 - 2028, USD Million
TABLE 3 Europe Power Optimizer Market by Connectivity, 2018 - 2021, USD Million
TABLE 4 Europe Power Optimizer Market by Connectivity, 2022 - 2028, USD Million
TABLE 5 Europe On-grid Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe On-grid Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Standalone Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Standalone Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Power Optimizer Market by Application, 2018 - 2021, USD Million
TABLE 10 Europe Power Optimizer Market by Application, 2022 - 2028, USD Million
TABLE 11 Europe Utility Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Utility Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Commercial Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Commercial Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Residential Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Residential Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Power Optimizer Market by End Use, 2018 - 2021, USD Million
TABLE 18 Europe Power Optimizer Market by End Use, 2022 - 2028, USD Million
TABLE 19 Europe Module Level MPPT Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Module Level MPPT Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Advanced Power Line Communication Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Advanced Power Line Communication Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Monitoring Components Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Monitoring Components Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Safety Shutdown Components Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Safety Shutdown Components Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Power Optimizer Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Power Optimizer Market by Country, 2022 - 2028, USD Million
TABLE 31 Germany Power Optimizer Market, 2018 - 2021, USD Million
TABLE 32 Germany Power Optimizer Market, 2022 - 2028, USD Million
TABLE 33 Germany Power Optimizer Market by Connectivity, 2018 - 2021, USD Million
TABLE 34 Germany Power Optimizer Market by Connectivity, 2022 - 2028, USD Million
TABLE 35 Germany Power Optimizer Market by Application, 2018 - 2021, USD Million
TABLE 36 Germany Power Optimizer Market by Application, 2022 - 2028, USD Million
TABLE 37 Germany Power Optimizer Market by End Use, 2018 - 2021, USD Million
TABLE 38 Germany Power Optimizer Market by End Use, 2022 - 2028, USD Million
TABLE 39 UK Power Optimizer Market, 2018 - 2021, USD Million
TABLE 40 UK Power Optimizer Market, 2022 - 2028, USD Million
TABLE 41 UK Power Optimizer Market by Connectivity, 2018 - 2021, USD Million
TABLE 42 UK Power Optimizer Market by Connectivity, 2022 - 2028, USD Million
TABLE 43 UK Power Optimizer Market by Application, 2018 - 2021, USD Million
TABLE 44 UK Power Optimizer Market by Application, 2022 - 2028, USD Million
TABLE 45 UK Power Optimizer Market by End Use, 2018 - 2021, USD Million
TABLE 46 UK Power Optimizer Market by End Use, 2022 - 2028, USD Million
TABLE 47 France Power Optimizer Market, 2018 - 2021, USD Million
TABLE 48 France Power Optimizer Market, 2022 - 2028, USD Million
TABLE 49 France Power Optimizer Market by Connectivity, 2018 - 2021, USD Million
TABLE 50 France Power Optimizer Market by Connectivity, 2022 - 2028, USD Million
TABLE 51 France Power Optimizer Market by Application, 2018 - 2021, USD Million
TABLE 52 France Power Optimizer Market by Application, 2022 - 2028, USD Million
TABLE 53 France Power Optimizer Market by End Use, 2018 - 2021, USD Million
TABLE 54 France Power Optimizer Market by End Use, 2022 - 2028, USD Million
TABLE 55 Russia Power Optimizer Market, 2018 - 2021, USD Million
TABLE 56 Russia Power Optimizer Market, 2022 - 2028, USD Million
TABLE 57 Russia Power Optimizer Market by Connectivity, 2018 - 2021, USD Million
TABLE 58 Russia Power Optimizer Market by Connectivity, 2022 - 2028, USD Million
TABLE 59 Russia Power Optimizer Market by Application, 2018 - 2021, USD Million
TABLE 60 Russia Power Optimizer Market by Application, 2022 - 2028, USD Million
TABLE 61 Russia Power Optimizer Market by End Use, 2018 - 2021, USD Million
TABLE 62 Russia Power Optimizer Market by End Use, 2022 - 2028, USD Million
TABLE 63 Spain Power Optimizer Market, 2018 - 2021, USD Million
TABLE 64 Spain Power Optimizer Market, 2022 - 2028, USD Million
TABLE 65 Spain Power Optimizer Market by Connectivity, 2018 - 2021, USD Million
TABLE 66 Spain Power Optimizer Market by Connectivity, 2022 - 2028, USD Million
TABLE 67 Spain Power Optimizer Market by Application, 2018 - 2021, USD Million
TABLE 68 Spain Power Optimizer Market by Application, 2022 - 2028, USD Million
TABLE 69 Spain Power Optimizer Market by End Use, 2018 - 2021, USD Million
TABLE 70 Spain Power Optimizer Market by End Use, 2022 - 2028, USD Million
TABLE 71 Italy Power Optimizer Market, 2018 - 2021, USD Million
TABLE 72 Italy Power Optimizer Market, 2022 - 2028, USD Million
TABLE 73 Italy Power Optimizer Market by Connectivity, 2018 - 2021, USD Million
TABLE 74 Italy Power Optimizer Market by Connectivity, 2022 - 2028, USD Million
TABLE 75 Italy Power Optimizer Market by Application, 2018 - 2021, USD Million
TABLE 76 Italy Power Optimizer Market by Application, 2022 - 2028, USD Million
TABLE 77 Italy Power Optimizer Market by End Use, 2018 - 2021, USD Million
TABLE 78 Italy Power Optimizer Market by End Use, 2022 - 2028, USD Million
TABLE 79 Rest of Europe Power Optimizer Market, 2018 - 2021, USD Million
TABLE 80 Rest of Europe Power Optimizer Market, 2022 - 2028, USD Million
TABLE 81 Rest of Europe Power Optimizer Market by Connectivity, 2018 - 2021, USD Million
TABLE 82 Rest of Europe Power Optimizer Market by Connectivity, 2022 - 2028, USD Million
TABLE 83 Rest of Europe Power Optimizer Market by Application, 2018 - 2021, USD Million
TABLE 84 Rest of Europe Power Optimizer Market by Application, 2022 - 2028, USD Million
TABLE 85 Rest of Europe Power Optimizer Market by End Use, 2018 - 2021, USD Million
TABLE 86 Rest of Europe Power Optimizer Market by End Use, 2022 - 2028, USD Million
TABLE 87 Key Information – Delta Electronics, Inc.
TABLE 88 Key Information – SunPower Corporation
TABLE 89 Key Information – KACO new energy GmbH
TABLE 90 Key Information – Alencon Systems, LLC
TABLE 91 Key information – SolarEdge Technologies, Inc.
TABLE 92 Key information – Enphase Energy, Inc.
TABLE 93 Key Information – Tigo Energy, Inc.
TABLE 94 Key Information – Altenergy Power System, Inc.
TABLE 95 Key Information – Solantro Semiconductor Corp.
TABLE 96 Key Information – Sparq Systems Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Alencon Systems, LLC
FIG 3 Recent strategies and developments: SolarEdge Technologies, Inc.
FIG 4 Recent strategies and developments: Enphase Energy, Inc.
FIG 5 Recent strategies and developments: Tigo Energy, Inc.