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Solar Array Disconnect Switches-Global Market Insights and Sales Trends 2024
Synopsis
Solar array disconnect switches are used to isolate solar array form the electric grid.
The global Solar Array Disconnect Switches market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Solar Array Disconnect Switches in various end use industries. The expanding demands from the Residential, Commercial, Industrial and Utility, are propelling Solar Array Disconnect Switches market. AC Disconnect Switch, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the DC Disconnect Switch segment is estimated at % CAGR for the next seven-year period.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.379 GW.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solar Array Disconnect Switches, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solar Array Disconnect Switches market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solar Array Disconnect Switches market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solar Array Disconnect Switches sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Solar Array Disconnect Switches covered in this report include ABB, Eaton, Schneider Electric, Socomec, MERSEN, Siemens, Suntree Electric and Santon Holland, etc.
The global Solar Array Disconnect Switches market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Eaton
Schneider Electric
Socomec
MERSEN
Siemens
Suntree Electric
Santon Holland
Global Solar Array Disconnect Switches market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Solar Array Disconnect Switches market, Segment by Type:
AC Disconnect Switch
DC Disconnect Switch
Global Solar Array Disconnect Switches market, by Application
Residential
Commercial
Industrial
Utility
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Solar Array Disconnect Switches manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Solar Array Disconnect Switches in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Solar array disconnect switches are used to isolate solar array form the electric grid.
The global Solar Array Disconnect Switches market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Solar Array Disconnect Switches in various end use industries. The expanding demands from the Residential, Commercial, Industrial and Utility, are propelling Solar Array Disconnect Switches market. AC Disconnect Switch, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the DC Disconnect Switch segment is estimated at % CAGR for the next seven-year period.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.379 GW.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solar Array Disconnect Switches, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solar Array Disconnect Switches market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solar Array Disconnect Switches market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solar Array Disconnect Switches sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Solar Array Disconnect Switches covered in this report include ABB, Eaton, Schneider Electric, Socomec, MERSEN, Siemens, Suntree Electric and Santon Holland, etc.
The global Solar Array Disconnect Switches market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Eaton
Schneider Electric
Socomec
MERSEN
Siemens
Suntree Electric
Santon Holland
Global Solar Array Disconnect Switches market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Solar Array Disconnect Switches market, Segment by Type:
AC Disconnect Switch
DC Disconnect Switch
Global Solar Array Disconnect Switches market, by Application
Residential
Commercial
Industrial
Utility
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Solar Array Disconnect Switches manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Solar Array Disconnect Switches in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Solar Array Disconnect Switches Market Overview
1.1 Solar Array Disconnect Switches Product Overview
1.2 Solar Array Disconnect Switches Market Segment by Type
1.2.1 AC Disconnect Switch
1.2.2 DC Disconnect Switch
1.3 Global Solar Array Disconnect Switches Market Size by Type
1.3.1 Global Solar Array Disconnect Switches Market Size Overview by Type (2018-2029)
1.3.2 Global Solar Array Disconnect Switches Historic Market Size Review by Type (2018-2023)
1.3.3 Global Solar Array Disconnect Switches Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Solar Array Disconnect Switches Sales Breakdown by Type (2018-2023)
1.4.2 Europe Solar Array Disconnect Switches Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Solar Array Disconnect Switches Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Solar Array Disconnect Switches Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Solar Array Disconnect Switches Sales Breakdown by Type (2018-2023)
2 Global Solar Array Disconnect Switches Market Competition by Company
2.1 Global Top Players by Solar Array Disconnect Switches Sales (2018-2023)
2.2 Global Top Players by Solar Array Disconnect Switches Revenue (2018-2023)
2.3 Global Top Players by Solar Array Disconnect Switches Price (2018-2023)
2.4 Global Top Manufacturers Solar Array Disconnect Switches Manufacturing Base Distribution, Sales Area, Product Type
2.5 Solar Array Disconnect Switches Market Competitive Situation and Trends
2.5.1 Solar Array Disconnect Switches Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Solar Array Disconnect Switches Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Solar Array Disconnect Switches as of 2022)
2.7 Date of Key Manufacturers Enter into Solar Array Disconnect Switches Market
2.8 Key Manufacturers Solar Array Disconnect Switches Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Solar Array Disconnect Switches Status and Outlook by Region
3.1 Global Solar Array Disconnect Switches Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Solar Array Disconnect Switches Historic Market Size by Region
3.2.1 Global Solar Array Disconnect Switches Sales in Volume by Region (2018-2023)
3.2.2 Global Solar Array Disconnect Switches Sales in Value by Region (2018-2023)
3.2.3 Global Solar Array Disconnect Switches Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Solar Array Disconnect Switches Forecasted Market Size by Region
3.3.1 Global Solar Array Disconnect Switches Sales in Volume by Region (2024-2029)
3.3.2 Global Solar Array Disconnect Switches Sales in Value by Region (2024-2029)
3.3.3 Global Solar Array Disconnect Switches Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Solar Array Disconnect Switches by Application
4.1 Solar Array Disconnect Switches Market Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.1.3 Industrial
4.1.4 Utility
4.2 Global Solar Array Disconnect Switches Market Size by Application
4.2.1 Global Solar Array Disconnect Switches Market Size Overview by Application (2018-2029)
4.2.2 Global Solar Array Disconnect Switches Historic Market Size Review by Application (2018-2023)
4.2.3 Global Solar Array Disconnect Switches Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Solar Array Disconnect Switches Sales Breakdown by Application (2018-2023)
4.3.2 Europe Solar Array Disconnect Switches Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Solar Array Disconnect Switches Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Solar Array Disconnect Switches Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Solar Array Disconnect Switches Sales Breakdown by Application (2018-2023)
5 North America Solar Array Disconnect Switches by Country
5.1 North America Solar Array Disconnect Switches Historic Market Size by Country
5.1.1 North America Solar Array Disconnect Switches Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Solar Array Disconnect Switches Sales in Volume by Country (2018-2023)
5.1.3 North America Solar Array Disconnect Switches Sales in Value by Country (2018-2023)
5.2 North America Solar Array Disconnect Switches Forecasted Market Size by Country
5.2.1 North America Solar Array Disconnect Switches Sales in Volume by Country (2024-2029)
5.2.2 North America Solar Array Disconnect Switches Sales in Value by Country (2024-2029)
6 Europe Solar Array Disconnect Switches by Country
6.1 Europe Solar Array Disconnect Switches Historic Market Size by Country
6.1.1 Europe Solar Array Disconnect Switches Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Solar Array Disconnect Switches Sales in Volume by Country (2018-2023)
6.1.3 Europe Solar Array Disconnect Switches Sales in Value by Country (2018-2023)
6.2 Europe Solar Array Disconnect Switches Forecasted Market Size by Country
6.2.1 Europe Solar Array Disconnect Switches Sales in Volume by Country (2024-2029)
6.2.2 Europe Solar Array Disconnect Switches Sales in Value by Country (2024-2029)
7 Asia-Pacific Solar Array Disconnect Switches by Region
7.1 Asia-Pacific Solar Array Disconnect Switches Historic Market Size by Region
7.1.1 Asia-Pacific Solar Array Disconnect Switches Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Solar Array Disconnect Switches Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Solar Array Disconnect Switches Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Solar Array Disconnect Switches Forecasted Market Size by Region
7.2.1 Asia-Pacific Solar Array Disconnect Switches Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Solar Array Disconnect Switches Sales in Value by Region (2024-2029)
8 Latin America Solar Array Disconnect Switches by Country
8.1 Latin America Solar Array Disconnect Switches Historic Market Size by Country
8.1.1 Latin America Solar Array Disconnect Switches Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Solar Array Disconnect Switches Sales in Volume by Country (2018-2023)
8.1.3 Latin America Solar Array Disconnect Switches Sales in Value by Country (2018-2023)
8.2 Latin America Solar Array Disconnect Switches Forecasted Market Size by Country
8.2.1 Latin America Solar Array Disconnect Switches Sales in Volume by Country (2024-2029)
8.2.2 Latin America Solar Array Disconnect Switches Sales in Value by Country (2024-2029)
9 Middle East and Africa Solar Array Disconnect Switches by Country
9.1 Middle East and Africa Solar Array Disconnect Switches Historic Market Size by Country
9.1.1 Middle East and Africa Solar Array Disconnect Switches Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Solar Array Disconnect Switches Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Solar Array Disconnect Switches Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Solar Array Disconnect Switches Forecasted Market Size by Country
9.2.1 Middle East and Africa Solar Array Disconnect Switches Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Solar Array Disconnect Switches Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB Solar Array Disconnect Switches Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Solar Array Disconnect Switches Products Offered
10.1.5 ABB Recent Development
10.2 Eaton
10.2.1 Eaton Company Information
10.2.2 Eaton Introduction and Business Overview
10.2.3 Eaton Solar Array Disconnect Switches Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Eaton Solar Array Disconnect Switches Products Offered
10.2.5 Eaton Recent Development
10.3 Schneider Electric
10.3.1 Schneider Electric Company Information
10.3.2 Schneider Electric Introduction and Business Overview
10.3.3 Schneider Electric Solar Array Disconnect Switches Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Schneider Electric Solar Array Disconnect Switches Products Offered
10.3.5 Schneider Electric Recent Development
10.4 Socomec
10.4.1 Socomec Company Information
10.4.2 Socomec Introduction and Business Overview
10.4.3 Socomec Solar Array Disconnect Switches Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Socomec Solar Array Disconnect Switches Products Offered
10.4.5 Socomec Recent Development
10.5 MERSEN
10.5.1 MERSEN Company Information
10.5.2 MERSEN Introduction and Business Overview
10.5.3 MERSEN Solar Array Disconnect Switches Sales, Revenue and Gross Margin (2018-2023)
10.5.4 MERSEN Solar Array Disconnect Switches Products Offered
10.5.5 MERSEN Recent Development
10.6 Siemens
10.6.1 Siemens Company Information
10.6.2 Siemens Introduction and Business Overview
10.6.3 Siemens Solar Array Disconnect Switches Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Siemens Solar Array Disconnect Switches Products Offered
10.6.5 Siemens Recent Development
10.7 Suntree Electric
10.7.1 Suntree Electric Company Information
10.7.2 Suntree Electric Introduction and Business Overview
10.7.3 Suntree Electric Solar Array Disconnect Switches Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Suntree Electric Solar Array Disconnect Switches Products Offered
10.7.5 Suntree Electric Recent Development
10.8 Santon Holland
10.8.1 Santon Holland Company Information
10.8.2 Santon Holland Introduction and Business Overview
10.8.3 Santon Holland Solar Array Disconnect Switches Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Santon Holland Solar Array Disconnect Switches Products Offered
10.8.5 Santon Holland Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Solar Array Disconnect Switches Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Solar Array Disconnect Switches Industrial Chain Analysis
11.4 Solar Array Disconnect Switches Market Dynamics
11.4.1 Solar Array Disconnect Switches Industry Trends
11.4.2 Solar Array Disconnect Switches Market Drivers
11.4.3 Solar Array Disconnect Switches Market Challenges
11.4.4 Solar Array Disconnect Switches Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Solar Array Disconnect Switches Distributors
12.3 Solar Array Disconnect Switches Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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