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Global DC Optimizer Market Research Report 2024
Synopsis
A DC Optimizer (power optimizer) is a DC to DC converter technology developed to maximize the energy harvest from solar photovoltaic or wind turbine systems. They do this by individually tuning the performance of the panel or wind turbine through maximum power point tracking, and optionally tuning the output to match the performance of the string inverter (DC to AC inverter). Power optimizers are especially useful when the performance of the power generating components in a distributed system will vary widely, such as due to differences in equipment, shading of light or wind, or being installed facing different directions or widely separated locations.
A Power Optimizer is a DC-to-DC converter installed at the output of each module in the PV system. This device uses an MPPT technique considering the I-V curve, to improve performance on a module level. Unlike microinverters, power optimizers do not convert DC power into AC, which is why they require a string inverter to operate in what is known an optimized string inverter configuration.
Optimizers turn each PV module in the system into smart-modules. These devices can set the voltage for the whole string, increasing the flexibility and size of the system, while also providing monitoring for each module. Some power optimizers include a SafeDC feature that brings down DC voltage to safe levels during power outages in grid-tied PV systems.
If partial shade is cast over the panel with the optimizer installed, the optimizer will increase the panel’s voltage while reducing the current. As already know, the voltage stays the same in a series string, and the currents add up.
The statistics in this report include module-level power optimizers and string-level power optimizers, excluding optimizer modules integrated in inverters, and excluding sub-module-level power optimizers.
The global DC Optimizer market was valued at US$ 1337 million in 2023 and is anticipated to reach US$ 8828.9 million by 2030, witnessing a CAGR of 27.2% during the forecast period 2024-2030.
Global 5 largest manufacturers of DC Optimizer are SolarEdge, Huawei, Tigo, Ampt and GNE, which make up over 95%. Among them, SolarEdge is the leader with about 85% market share.
Europe is the largest market, with a share over 50%, followed by Americas and Asia Pacific, with the share about 40% and 6%. In terms of product type, Module-level Optimizers occupy the largest share of the total market, over 97%. And in terms of application, the largest application is Residential, followed by Commercial and Industrial.
This report aims to provide a comprehensive presentation of the global market for DC Optimizer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding DC Optimizer.
Report Scope
The DC Optimizer market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global DC Optimizer market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the DC Optimizer manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SolarEdge
Huawei
Tigo
Ampt
Ferroamp
Alencon Systems
GNE
Fonrich
Segment by Type
Module-level Optimizers
String-level Optimizers
Segment by Application
Residential
Commercial and Industrial
Utility-Scale
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of DC Optimizer manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of DC Optimizer by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of DC Optimizer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
A DC Optimizer (power optimizer) is a DC to DC converter technology developed to maximize the energy harvest from solar photovoltaic or wind turbine systems. They do this by individually tuning the performance of the panel or wind turbine through maximum power point tracking, and optionally tuning the output to match the performance of the string inverter (DC to AC inverter). Power optimizers are especially useful when the performance of the power generating components in a distributed system will vary widely, such as due to differences in equipment, shading of light or wind, or being installed facing different directions or widely separated locations.
A Power Optimizer is a DC-to-DC converter installed at the output of each module in the PV system. This device uses an MPPT technique considering the I-V curve, to improve performance on a module level. Unlike microinverters, power optimizers do not convert DC power into AC, which is why they require a string inverter to operate in what is known an optimized string inverter configuration.
Optimizers turn each PV module in the system into smart-modules. These devices can set the voltage for the whole string, increasing the flexibility and size of the system, while also providing monitoring for each module. Some power optimizers include a SafeDC feature that brings down DC voltage to safe levels during power outages in grid-tied PV systems.
If partial shade is cast over the panel with the optimizer installed, the optimizer will increase the panel’s voltage while reducing the current. As already know, the voltage stays the same in a series string, and the currents add up.
The statistics in this report include module-level power optimizers and string-level power optimizers, excluding optimizer modules integrated in inverters, and excluding sub-module-level power optimizers.
The global DC Optimizer market was valued at US$ 1337 million in 2023 and is anticipated to reach US$ 8828.9 million by 2030, witnessing a CAGR of 27.2% during the forecast period 2024-2030.
Global 5 largest manufacturers of DC Optimizer are SolarEdge, Huawei, Tigo, Ampt and GNE, which make up over 95%. Among them, SolarEdge is the leader with about 85% market share.
Europe is the largest market, with a share over 50%, followed by Americas and Asia Pacific, with the share about 40% and 6%. In terms of product type, Module-level Optimizers occupy the largest share of the total market, over 97%. And in terms of application, the largest application is Residential, followed by Commercial and Industrial.
This report aims to provide a comprehensive presentation of the global market for DC Optimizer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding DC Optimizer.
Report Scope
The DC Optimizer market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global DC Optimizer market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the DC Optimizer manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SolarEdge
Huawei
Tigo
Ampt
Ferroamp
Alencon Systems
GNE
Fonrich
Segment by Type
Module-level Optimizers
String-level Optimizers
Segment by Application
Residential
Commercial and Industrial
Utility-Scale
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of DC Optimizer manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of DC Optimizer by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of DC Optimizer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 DC Optimizer Market Overview
1.1 Product Definition
1.2 DC Optimizer Segment by Type
1.2.1 Global DC Optimizer Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Module-level Optimizers
1.2.3 String-level Optimizers
1.3 DC Optimizer Segment by Application
1.3.1 Global DC Optimizer Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial and Industrial
1.3.4 Utility-Scale
1.4 Global Market Growth Prospects
1.4.1 Global DC Optimizer Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global DC Optimizer Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global DC Optimizer Production Estimates and Forecasts (2019-2030)
1.4.4 Global DC Optimizer Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global DC Optimizer Production Market Share by Manufacturers (2019-2024)
2.2 Global DC Optimizer Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of DC Optimizer, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global DC Optimizer Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global DC Optimizer Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of DC Optimizer, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of DC Optimizer, Product Offered and Application
2.8 Global Key Manufacturers of DC Optimizer, Date of Enter into This Industry
2.9 DC Optimizer Market Competitive Situation and Trends
2.9.1 DC Optimizer Market Concentration Rate
2.9.2 Global 5 and 10 Largest DC Optimizer Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 DC Optimizer Production by Region
3.1 Global DC Optimizer Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global DC Optimizer Production Value by Region (2019-2030)
3.2.1 Global DC Optimizer Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of DC Optimizer by Region (2025-2030)
3.3 Global DC Optimizer Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global DC Optimizer Production by Region (2019-2030)
3.4.1 Global DC Optimizer Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of DC Optimizer by Region (2025-2030)
3.5 Global DC Optimizer Market Price Analysis by Region (2019-2024)
3.6 Global DC Optimizer Production and Value, Year-over-Year Growth
3.6.1 North America DC Optimizer Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe DC Optimizer Production Value Estimates and Forecasts (2019-2030)
3.6.3 China DC Optimizer Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan DC Optimizer Production Value Estimates and Forecasts (2019-2030)
4 DC Optimizer Consumption by Region
4.1 Global DC Optimizer Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global DC Optimizer Consumption by Region (2019-2030)
4.2.1 Global DC Optimizer Consumption by Region (2019-2024)
4.2.2 Global DC Optimizer Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America DC Optimizer Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America DC Optimizer Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe DC Optimizer Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe DC Optimizer Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific DC Optimizer Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific DC Optimizer Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa DC Optimizer Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa DC Optimizer Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global DC Optimizer Production by Type (2019-2030)
5.1.1 Global DC Optimizer Production by Type (2019-2024)
5.1.2 Global DC Optimizer Production by Type (2025-2030)
5.1.3 Global DC Optimizer Production Market Share by Type (2019-2030)
5.2 Global DC Optimizer Production Value by Type (2019-2030)
5.2.1 Global DC Optimizer Production Value by Type (2019-2024)
5.2.2 Global DC Optimizer Production Value by Type (2025-2030)
5.2.3 Global DC Optimizer Production Value Market Share by Type (2019-2030)
5.3 Global DC Optimizer Price by Type (2019-2030)
6 Segment by Application
6.1 Global DC Optimizer Production by Application (2019-2030)
6.1.1 Global DC Optimizer Production by Application (2019-2024)
6.1.2 Global DC Optimizer Production by Application (2025-2030)
6.1.3 Global DC Optimizer Production Market Share by Application (2019-2030)
6.2 Global DC Optimizer Production Value by Application (2019-2030)
6.2.1 Global DC Optimizer Production Value by Application (2019-2024)
6.2.2 Global DC Optimizer Production Value by Application (2025-2030)
6.2.3 Global DC Optimizer Production Value Market Share by Application (2019-2030)
6.3 Global DC Optimizer Price by Application (2019-2030)
7 Key Companies Profiled
7.1 SolarEdge
7.1.1 SolarEdge DC Optimizer Corporation Information
7.1.2 SolarEdge DC Optimizer Product Portfolio
7.1.3 SolarEdge DC Optimizer Production, Value, Price and Gross Margin (2019-2024)
7.1.4 SolarEdge Main Business and Markets Served
7.1.5 SolarEdge Recent Developments/Updates
7.2 Huawei
7.2.1 Huawei DC Optimizer Corporation Information
7.2.2 Huawei DC Optimizer Product Portfolio
7.2.3 Huawei DC Optimizer Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Huawei Main Business and Markets Served
7.2.5 Huawei Recent Developments/Updates
7.3 Tigo
7.3.1 Tigo DC Optimizer Corporation Information
7.3.2 Tigo DC Optimizer Product Portfolio
7.3.3 Tigo DC Optimizer Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Tigo Main Business and Markets Served
7.3.5 Tigo Recent Developments/Updates
7.4 Ampt
7.4.1 Ampt DC Optimizer Corporation Information
7.4.2 Ampt DC Optimizer Product Portfolio
7.4.3 Ampt DC Optimizer Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Ampt Main Business and Markets Served
7.4.5 Ampt Recent Developments/Updates
7.5 Ferroamp
7.5.1 Ferroamp DC Optimizer Corporation Information
7.5.2 Ferroamp DC Optimizer Product Portfolio
7.5.3 Ferroamp DC Optimizer Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Ferroamp Main Business and Markets Served
7.5.5 Ferroamp Recent Developments/Updates
7.6 Alencon Systems
7.6.1 Alencon Systems DC Optimizer Corporation Information
7.6.2 Alencon Systems DC Optimizer Product Portfolio
7.6.3 Alencon Systems DC Optimizer Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Alencon Systems Main Business and Markets Served
7.6.5 Alencon Systems Recent Developments/Updates
7.7 GNE
7.7.1 GNE DC Optimizer Corporation Information
7.7.2 GNE DC Optimizer Product Portfolio
7.7.3 GNE DC Optimizer Production, Value, Price and Gross Margin (2019-2024)
7.7.4 GNE Main Business and Markets Served
7.7.5 GNE Recent Developments/Updates
7.8 Fonrich
7.8.1 Fonrich DC Optimizer Corporation Information
7.8.2 Fonrich DC Optimizer Product Portfolio
7.8.3 Fonrich DC Optimizer Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Fonrich Main Business and Markets Served
7.7.5 Fonrich Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 DC Optimizer Industry Chain Analysis
8.2 DC Optimizer Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 DC Optimizer Production Mode & Process
8.4 DC Optimizer Sales and Marketing
8.4.1 DC Optimizer Sales Channels
8.4.2 DC Optimizer Distributors
8.5 DC Optimizer Customers
9 DC Optimizer Market Dynamics
9.1 DC Optimizer Industry Trends
9.2 DC Optimizer Market Drivers
9.3 DC Optimizer Market Challenges
9.4 DC Optimizer Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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