The Latin America, Middle East and Africa Solar Charge Controller Market would witness market growth of 8.8% CAGR during the forecast period (2022-2028).
By controlling the voltage and current that travel from the solar panel to the battery, a solar charge controller prevents the battery from overcharging. It uses MPPT (maximum power point tracking) to speed the solar charging of the battery. In order to get the most current into the battery, MPPT analyses the output of the solar panel compares it to the battery voltage and sets it to the best voltage.
By regulating & controlling the output from the solar PV array, a solar charge controller charges the battery while safeguarding it from overcharging or over-discharging. When a battery is overcharged, the electrolyte releases hydrogen and oxygen fumes that could result in an explosion and failure. The battery charge would be exhausted if an excessive current discharge is permitted. As a result, the battery's life will be shortened and it will eventually fail.
When a battery is getting close to being full, solar charge controllers can switch off or redirect all or a portion of the array to cut down on the current flow. A low voltage preset point causes the disconnection of some or all of the loads if the battery is depleted below that voltage. The charge controller will contain a high voltage disconnect (HVD) point to guard the battery against overcharging. As a result, the controller will have fixed points for things like LVD & HVD. The controller voltage needs to be able to handle the maximum current generated by the PV array and be suitable for the standard system voltage.
The development of renewable energy has enormous potential in the United Arab Emirates (UAE), which has one of the highest rates of sun exposure in the entire world. The country has always been dependent on conventional energy sources due to its significant indigenous oil & gas reserves. A push for economic diversification, however, has resulted in new incentives as well as the introduction of the most cutting-edge renewable energy technology in order to prevent the abrupt commodities downturns linked to an oil-based economy. A request for input diversification has also been made as a result of the rapid industrialization, expanding population, and rising demand from water desalination facilities.
The Brazil market dominated the LAMEA Solar Charge Controller Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $49.5 million by 2028. The Argentina market is exhibiting a CAGR of 9.4% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 8.5% during (2022 - 2028).
Based on End User, the market is segmented into Commercial, Industrial, Residential, and Utilities. Based on Type, the market is segmented into Maximum Power Point Tracking (MPPT), Pulse Width Modulation (PWM), and Simple 1 or 2 stage Control. Based on Current Capacity, the market is segmented into 20A to 40A, Less than 20A, and More than 40A. 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 Solar Charge Controller Market is Predict to reach $2.6 Billion by 2028, at a CAGR of 7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Schneider Electric SE, EnerSys, Xantrex Technologies, Inc. (Mission Critical Electronics LLC), Sunforge LLC, Luminous Power Technologies (P) Ltd., Studer Innotec SA, KATEK Memmingen GmbH, Shenzhen Shuori New Energy Technology Co. Ltd., Microtek International Pvt Ltd., and Phocas AG.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Commercial
- Industrial
- Residential
- Utilities
By Type
- Maximum Power Point Tracking (MPPT)
- Pulse Width Modulation (PWM)
- Simple 1 or 2 stage Control
By Current Capacity
- 20A to 40A
- Less than 20A
- More than 40A
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Schneider Electric SE
- EnerSys
- Xantrex Technologies, Inc. (Mission Critical Electronics LLC)
- Sunforge LLC
- Luminous Power Technologies (P) Ltd.
- Studer Innotec SA
- KATEK Memmingen GmbH
- Shenzhen Shuori New Energy Technology Co. Ltd.
- Microtek International Pvt Ltd.
- Phocas AG
TABLE 1 LAMEA Solar Charge Controller Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Solar Charge Controller Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Solar Charge Controller Market by End User, 2018 - 2021, USD Million
TABLE 4 LAMEA Solar Charge Controller Market by End User, 2022 - 2028, USD Million
TABLE 5 LAMEA Commercial Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Commercial Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Industrial Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Industrial Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Residential Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Residential Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Utilities Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Utilities Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Solar Charge Controller Market by Type, 2018 - 2021, USD Million
TABLE 14 LAMEA Solar Charge Controller Market by Type, 2022 - 2028, USD Million
TABLE 15 LAMEA Maximum Power Point Tracking (MPPT) Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Maximum Power Point Tracking (MPPT) Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Pulse Width Modulation (PWM) Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Pulse Width Modulation (PWM) Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Simple 1 or 2 stage Control Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Simple 1 or 2 stage Control Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Solar Charge Controller Market by Current Capacity, 2018 - 2021, USD Million
TABLE 22 LAMEA Solar Charge Controller Market by Current Capacity, 2022 - 2028, USD Million
TABLE 23 LAMEA 20A to 40A Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA 20A to 40A Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Less than 20A Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Less than 20A Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA More than 40A Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA More than 40A Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Solar Charge Controller Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Solar Charge Controller Market by Country, 2022 - 2028, USD Million
TABLE 31 Brazil Solar Charge Controller Market, 2018 - 2021, USD Million
TABLE 32 Brazil Solar Charge Controller Market, 2022 - 2028, USD Million
TABLE 33 Brazil Solar Charge Controller Market by End User, 2018 - 2021, USD Million
TABLE 34 Brazil Solar Charge Controller Market by End User, 2022 - 2028, USD Million
TABLE 35 Brazil Solar Charge Controller Market by Type, 2018 - 2021, USD Million
TABLE 36 Brazil Solar Charge Controller Market by Type, 2022 - 2028, USD Million
TABLE 37 Brazil Solar Charge Controller Market by Current Capacity, 2018 - 2021, USD Million
TABLE 38 Brazil Solar Charge Controller Market by Current Capacity, 2022 - 2028, USD Million
TABLE 39 Argentina Solar Charge Controller Market, 2018 - 2021, USD Million
TABLE 40 Argentina Solar Charge Controller Market, 2022 - 2028, USD Million
TABLE 41 Argentina Solar Charge Controller Market by End User, 2018 - 2021, USD Million
TABLE 42 Argentina Solar Charge Controller Market by End User, 2022 - 2028, USD Million
TABLE 43 Argentina Solar Charge Controller Market by Type, 2018 - 2021, USD Million
TABLE 44 Argentina Solar Charge Controller Market by Type, 2022 - 2028, USD Million
TABLE 45 Argentina Solar Charge Controller Market by Current Capacity, 2018 - 2021, USD Million
TABLE 46 Argentina Solar Charge Controller Market by Current Capacity, 2022 - 2028, USD Million
TABLE 47 UAE Solar Charge Controller Market, 2018 - 2021, USD Million
TABLE 48 UAE Solar Charge Controller Market, 2022 - 2028, USD Million
TABLE 49 UAE Solar Charge Controller Market by End User, 2018 - 2021, USD Million
TABLE 50 UAE Solar Charge Controller Market by End User, 2022 - 2028, USD Million
TABLE 51 UAE Solar Charge Controller Market by Type, 2018 - 2021, USD Million
TABLE 52 UAE Solar Charge Controller Market by Type, 2022 - 2028, USD Million
TABLE 53 UAE Solar Charge Controller Market by Current Capacity, 2018 - 2021, USD Million
TABLE 54 UAE Solar Charge Controller Market by Current Capacity, 2022 - 2028, USD Million
TABLE 55 Saudi Arabia Solar Charge Controller Market, 2018 - 2021, USD Million
TABLE 56 Saudi Arabia Solar Charge Controller Market, 2022 - 2028, USD Million
TABLE 57 Saudi Arabia Solar Charge Controller Market by End User, 2018 - 2021, USD Million
TABLE 58 Saudi Arabia Solar Charge Controller Market by End User, 2022 - 2028, USD Million
TABLE 59 Saudi Arabia Solar Charge Controller Market by Type, 2018 - 2021, USD Million
TABLE 60 Saudi Arabia Solar Charge Controller Market by Type, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Solar Charge Controller Market by Current Capacity, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Solar Charge Controller Market by Current Capacity, 2022 - 2028, USD Million
TABLE 63 South Africa Solar Charge Controller Market, 2018 - 2021, USD Million
TABLE 64 South Africa Solar Charge Controller Market, 2022 - 2028, USD Million
TABLE 65 South Africa Solar Charge Controller Market by End User, 2018 - 2021, USD Million
TABLE 66 South Africa Solar Charge Controller Market by End User, 2022 - 2028, USD Million
TABLE 67 South Africa Solar Charge Controller Market by Type, 2018 - 2021, USD Million
TABLE 68 South Africa Solar Charge Controller Market by Type, 2022 - 2028, USD Million
TABLE 69 South Africa Solar Charge Controller Market by Current Capacity, 2018 - 2021, USD Million
TABLE 70 South Africa Solar Charge Controller Market by Current Capacity, 2022 - 2028, USD Million
TABLE 71 Nigeria Solar Charge Controller Market, 2018 - 2021, USD Million
TABLE 72 Nigeria Solar Charge Controller Market, 2022 - 2028, USD Million
TABLE 73 Nigeria Solar Charge Controller Market by End User, 2018 - 2021, USD Million
TABLE 74 Nigeria Solar Charge Controller Market by End User, 2022 - 2028, USD Million
TABLE 75 Nigeria Solar Charge Controller Market by Type, 2018 - 2021, USD Million
TABLE 76 Nigeria Solar Charge Controller Market by Type, 2022 - 2028, USD Million
TABLE 77 Nigeria Solar Charge Controller Market by Current Capacity, 2018 - 2021, USD Million
TABLE 78 Nigeria Solar Charge Controller Market by Current Capacity, 2022 - 2028, USD Million
TABLE 79 Rest of LAMEA Solar Charge Controller Market, 2018 - 2021, USD Million
TABLE 80 Rest of LAMEA Solar Charge Controller Market, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA Solar Charge Controller Market by End User, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA Solar Charge Controller Market by End User, 2022 - 2028, USD Million
TABLE 83 Rest of LAMEA Solar Charge Controller Market by Type, 2018 - 2021, USD Million
TABLE 84 Rest of LAMEA Solar Charge Controller Market by Type, 2022 - 2028, USD Million
TABLE 85 Rest of LAMEA Solar Charge Controller Market by Current Capacity, 2018 - 2021, USD Million
TABLE 86 Rest of LAMEA Solar Charge Controller Market by Current Capacity, 2022 - 2028, USD Million
TABLE 87 Key information – Schneider Electric SE
TABLE 88 Key Information – EnerSys
TABLE 89 Key Information – Xantrex Technologies, Inc.
TABLE 90 Key Information – Sunforge LLC
TABLE 91 Key information – Luminous Power Technologies (P) Ltd.
TABLE 92 Key Information – Studer Innotec SA
TABLE 93 Key information – KATEK Memmingen GmbH
TABLE 94 Key Information – Shenzhen Shuori New Energy Technology Co. Ltd.
TABLE 95 Key Information – Microtek International Pvt. Ltd.
TABLE 96 key Information – Phocas AG
List of Figures
FIG 1 Methodology for the research