Middle East & Africa Solar Charge Controller Market Size & Outlook
Related Markets
MEA solar charge controller market highlights
- The MEA solar charge controller market generated a revenue of USD 141.7 million in 2023.
- The market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, commercial was the largest revenue generating application in 2023.
- Commercial is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 141.7 million |
| Market revenue in 2030 | USD 240.5 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Commercial |
| Fastest growing segment | Commercial |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Commercial, Industrial |
| Key market players worldwide | Schneider Electric SE, Sungrow, Morningstar, Beijing Epsolar Technology Co., Sunforge, Luminous Power Technologies, Katek Memmingen, airkom Druckluft |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.3% of the global solar charge controller market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,863.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Solar Charge Controller Market Scope
Solar Charge Controller Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| airkom Druckluft | View profile | 1-10 | Wildau, Brandenburg, Germany, Europe | https://www.airkom24.de/ |
| Katek Memmingen | View profile | 251-500 | Memmingen, Bayern, Germany, Europe | http://www.steca.com |
| Luminous Power Technologies | View profile | 5001-10000 | New Delhi, Delhi, India, Asia | https://www.luminousindia.com/ |
| Sunforge | View profile | 1-10 | Vista, California, United States, North America | https://sunforgellc.com |
| Beijing Epsolar Technology Co. | View profile | 101-250 | Beijing, Beijing, China, Asia | https://www.epever.com |
| Morningstar | View profile | 11-50 | Newtown, Pennsylvania, United States, North America | https://www.morningstarcorp.com/ |
| Sungrow | View profile | 5001-10000 | Hefei, Anhui, China, Asia | https://sungrowpower.com/ |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
Middle East & Africa solar charge controller market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to solar charge controller market will help companies and investors design strategic landscapes.
Commercial was the largest segment with a revenue share of 55.68% in 2023. Horizon Databook has segmented the Middle East & Africa solar charge controller market based on residential, commercial, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Solar Charge Controller Application Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Commercial
- Industrial
Reasons to subscribe to Middle East & Africa solar charge controller market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa solar charge controller market databook
-
Our clientele includes a mix of solar charge controller market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa solar charge controller market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa solar charge controller market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA solar charge controller market size, by country, 2018-2030 (US$M)
Middle East & Africa Solar Charge Controller Market Outlook Share, 2023 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
