LAMEA 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 Latin America, Middle East and Africa Power Optimizer Market would witness market growth of 13.2% CAGR during the forecast period (2022-2028).

Demand for power has increased due to the rapid rise of electric car use in the transportation sector and the growing use of portable electronics. The expansion, as well as investment in the innovation and development of solar power equipment manufacturing facilities, was driven by the need for sustainable green energy development and the government's support of solar power generation companies that are helpful in meeting the zero-carbon emission targets.

Since there is a high demand for power due to the mining of virtual currencies like Bitcoin using ASIC-related equipment, miners are turning to alternative power generation sources, like solar power generation to boost their profitability. Moreover, there are likely to be chances for the expansion of the power optimizer market due to the increasing public knowledge of the benefits of using solar power generation. In this case, if there are multiple panels connected in series and one panel's output decreases as a result of shading, its voltage would decrease to enable it to supply the same amount of current (amps).

One of the major factors driving the growth of the power optimizer market in the region is the progressively expanding regional oil and gas industry. According to International Trade Administration, the United Arab Emirates (UAE) has the seventh-largest established oil and natural gas reserves in the world. With 100 billion barrels of oil reserves, the UAE produces 3 million barrels of oil and liquids on average per day. The production of oil and gas accounts for over 13% of the country's total exports and accounts for about 30% of its GDP. The vast majority of the government's income in the UAE comes from oil business profits and royalties.

The Brazil market dominated the LAMEA Power Optimizer Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $104.4 million by 2028 period. The Argentina market is exhibiting a CAGR of 13.7% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 12.9% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Power Optimizer Market is Predict to reach $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

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

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 LAMEA Power Optimizer Market, by Connectivity
1.4.2 LAMEA Power Optimizer Market, by Application
1.4.3 LAMEA Power Optimizer Market, by End Use
1.4.4 LAMEA 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. LAMEA Power Optimizer Market by Connectivity
4.1 LAMEA On-grid Market by Country
4.2 LAMEA Standalone Market by Country

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

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

Chapter 7. LAMEA Power Optimizer Market by Country
7.1 Brazil Power Optimizer Market
7.1.1 Brazil Power Optimizer Market by Connectivity
7.1.2 Brazil Power Optimizer Market by Application
7.1.3 Brazil Power Optimizer Market by End Use
7.2 Argentina Power Optimizer Market
7.2.1 Argentina Power Optimizer Market by Connectivity
7.2.2 Argentina Power Optimizer Market by Application
7.2.3 Argentina Power Optimizer Market by End Use
7.3 UAE Power Optimizer Market
7.3.1 UAE Power Optimizer Market by Connectivity
7.3.2 UAE Power Optimizer Market by Application
7.3.3 UAE Power Optimizer Market by End Use
7.4 Saudi Arabia Power Optimizer Market
7.4.1 Saudi Arabia Power Optimizer Market by Connectivity
7.4.2 Saudi Arabia Power Optimizer Market by Application
7.4.3 Saudi Arabia Power Optimizer Market by End Use
7.5 South Africa Power Optimizer Market
7.5.1 South Africa Power Optimizer Market by Connectivity
7.5.2 South Africa Power Optimizer Market by Application
7.5.3 South Africa Power Optimizer Market by End Use
7.6 Nigeria Power Optimizer Market
7.6.1 Nigeria Power Optimizer Market by Connectivity
7.6.2 Nigeria Power Optimizer Market by Application
7.6.3 Nigeria Power Optimizer Market by End Use
7.7 Rest of LAMEA Power Optimizer Market
7.7.1 Rest of LAMEA Power Optimizer Market by Connectivity
7.7.2 Rest of LAMEA Power Optimizer Market by Application
7.7.3 Rest of LAMEA 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 LAMEA Power Optimizer Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Power Optimizer Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Power Optimizer Market by Connectivity, 2018 - 2021, USD Million
TABLE 4 LAMEA Power Optimizer Market by Connectivity, 2022 - 2028, USD Million
TABLE 5 LAMEA On-grid Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA On-grid Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Standalone Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Standalone Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Power Optimizer Market by Application, 2018 - 2021, USD Million
TABLE 10 LAMEA Power Optimizer Market by Application, 2022 - 2028, USD Million
TABLE 11 LAMEA Utility Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Utility Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Commercial Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Commercial Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Residential Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Residential Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Power Optimizer Market by End Use, 2018 - 2021, USD Million
TABLE 18 LAMEA Power Optimizer Market by End Use, 2022 - 2028, USD Million
TABLE 19 LAMEA Module Level MPPT Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Module Level MPPT Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Advanced Power Line Communication Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Advanced Power Line Communication Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Monitoring Components Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Monitoring Components Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Safety Shutdown Components Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Safety Shutdown Components Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Power Optimizer Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Power Optimizer Market by Country, 2022 - 2028, USD Million
TABLE 31 Brazil Power Optimizer Market, 2018 - 2021, USD Million
TABLE 32 Brazil Power Optimizer Market, 2022 - 2028, USD Million
TABLE 33 Brazil Power Optimizer Market by Connectivity, 2018 - 2021, USD Million
TABLE 34 Brazil Power Optimizer Market by Connectivity, 2022 - 2028, USD Million
TABLE 35 Brazil Power Optimizer Market by Application, 2018 - 2021, USD Million
TABLE 36 Brazil Power Optimizer Market by Application, 2022 - 2028, USD Million
TABLE 37 Brazil Power Optimizer Market by End Use, 2018 - 2021, USD Million
TABLE 38 Brazil Power Optimizer Market by End Use, 2022 - 2028, USD Million
TABLE 39 Argentina Power Optimizer Market, 2018 - 2021, USD Million
TABLE 40 Argentina Power Optimizer Market, 2022 - 2028, USD Million
TABLE 41 Argentina Power Optimizer Market by Connectivity, 2018 - 2021, USD Million
TABLE 42 Argentina Power Optimizer Market by Connectivity, 2022 - 2028, USD Million
TABLE 43 Argentina Power Optimizer Market by Application, 2018 - 2021, USD Million
TABLE 44 Argentina Power Optimizer Market by Application, 2022 - 2028, USD Million
TABLE 45 Argentina Power Optimizer Market by End Use, 2018 - 2021, USD Million
TABLE 46 Argentina Power Optimizer Market by End Use, 2022 - 2028, USD Million
TABLE 47 UAE Power Optimizer Market, 2018 - 2021, USD Million
TABLE 48 UAE Power Optimizer Market, 2022 - 2028, USD Million
TABLE 49 UAE Power Optimizer Market by Connectivity, 2018 - 2021, USD Million
TABLE 50 UAE Power Optimizer Market by Connectivity, 2022 - 2028, USD Million
TABLE 51 UAE Power Optimizer Market by Application, 2018 - 2021, USD Million
TABLE 52 UAE Power Optimizer Market by Application, 2022 - 2028, USD Million
TABLE 53 UAE Power Optimizer Market by End Use, 2018 - 2021, USD Million
TABLE 54 UAE Power Optimizer Market by End Use, 2022 - 2028, USD Million
TABLE 55 Saudi Arabia Power Optimizer Market, 2018 - 2021, USD Million
TABLE 56 Saudi Arabia Power Optimizer Market, 2022 - 2028, USD Million
TABLE 57 Saudi Arabia Power Optimizer Market by Connectivity, 2018 - 2021, USD Million
TABLE 58 Saudi Arabia Power Optimizer Market by Connectivity, 2022 - 2028, USD Million
TABLE 59 Saudi Arabia Power Optimizer Market by Application, 2018 - 2021, USD Million
TABLE 60 Saudi Arabia Power Optimizer Market by Application, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Power Optimizer Market by End Use, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Power Optimizer Market by End Use, 2022 - 2028, USD Million
TABLE 63 South Africa Power Optimizer Market, 2018 - 2021, USD Million
TABLE 64 South Africa Power Optimizer Market, 2022 - 2028, USD Million
TABLE 65 South Africa Power Optimizer Market by Connectivity, 2018 - 2021, USD Million
TABLE 66 South Africa Power Optimizer Market by Connectivity, 2022 - 2028, USD Million
TABLE 67 South Africa Power Optimizer Market by Application, 2018 - 2021, USD Million
TABLE 68 South Africa Power Optimizer Market by Application, 2022 - 2028, USD Million
TABLE 69 South Africa Power Optimizer Market by End Use, 2018 - 2021, USD Million
TABLE 70 South Africa Power Optimizer Market by End Use, 2022 - 2028, USD Million
TABLE 71 Nigeria Power Optimizer Market, 2018 - 2021, USD Million
TABLE 72 Nigeria Power Optimizer Market, 2022 - 2028, USD Million
TABLE 73 Nigeria Power Optimizer Market by Connectivity, 2018 - 2021, USD Million
TABLE 74 Nigeria Power Optimizer Market by Connectivity, 2022 - 2028, USD Million
TABLE 75 Nigeria Power Optimizer Market by Application, 2018 - 2021, USD Million
TABLE 76 Nigeria Power Optimizer Market by Application, 2022 - 2028, USD Million
TABLE 77 Nigeria Power Optimizer Market by End Use, 2018 - 2021, USD Million
TABLE 78 Nigeria Power Optimizer Market by End Use, 2022 - 2028, USD Million
TABLE 79 Rest of LAMEA Power Optimizer Market, 2018 - 2021, USD Million
TABLE 80 Rest of LAMEA Power Optimizer Market, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA Power Optimizer Market by Connectivity, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA Power Optimizer Market by Connectivity, 2022 - 2028, USD Million
TABLE 83 Rest of LAMEA Power Optimizer Market by Application, 2018 - 2021, USD Million
TABLE 84 Rest of LAMEA Power Optimizer Market by Application, 2022 - 2028, USD Million
TABLE 85 Rest of LAMEA Power Optimizer Market by End Use, 2018 - 2021, USD Million
TABLE 86 Rest of LAMEA 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.