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.
According to our (Global Info Research) latest study, the global DC Optimizer market size was valued at US$ 2145 million in 2023 and is forecast to a readjusted size of USD 10970 million by 2030 with a CAGR of 26.6% during review period.
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 is a detailed and comprehensive analysis for global DC Optimizer market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global DC Optimizer market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/W), 2019-2030
Global DC Optimizer market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/W), 2019-2030
Global DC Optimizer market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/W), 2019-2030
Global DC Optimizer market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (US$/W), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for DC Optimizer
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global DC Optimizer market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SolarEdge, Huawei, Tigo, Ampt, Ferroamp, Alencon Systems, GNE, Fonrich, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
DC Optimizer market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Module-level Optimizers
String-level Optimizers
Market segment by Application
Residential
Commercial and Industrial
Utility-Scale
Major players covered
SolarEdge
Huawei
Tigo
Ampt
Ferroamp
Alencon Systems
GNE
Fonrich
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe DC Optimizer product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of DC Optimizer, with price, sales quantity, revenue, and global market share of DC Optimizer from 2019 to 2024.
Chapter 3, the DC Optimizer competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the DC Optimizer breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and DC Optimizer market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of DC Optimizer.
Chapter 14 and 15, to describe DC Optimizer sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on DC Optimizer. Industry analysis & Market Report on DC Optimizer is a syndicated market report, published as Global DC Optimizer Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of DC Optimizer market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.