Market Overview:
The global photovoltaic DC isolators market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for renewable energy sources and the growing awareness about the benefits of using photovoltaic DC isolators. The global photovoltaic DC isolators market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into 2 pole and 4 pole. On the basis of application, it can be classified into industrial, commercial, and others. Geographically, it can be segmented into North America, Latin America, Europe Asia Pacific ,and Middle East & Africa . Some of the key players operating in this market are ABB Ltd., Eaton Corporation PLC., Siemens AG,, Schneider Electric SE,, Fuji Electric Co., Ltd.
Product Definition:
Photovoltaic DC isolators are devices that electrically isolate two or more photovoltaic (PV) arrays from each other. This is important because it prevents current from flowing between the arrays, which can cause damage to the PV systems.
2 Pole:
2 pole DC isolators are used in photovoltaic DC isolators market. It is a device that helps to protect PV modules from high voltage fluctuations and electric noise. The 2 pole DC isolator consists of two diodes, one forward and other backward which act as an electrical barrier between the incoming AC power and the solar cell thus protecting it from fluctuating voltages and noises generated by transformers, switch gears or any other electrical equipment.
4 Pole:
The 4 pole is a kind of electrical component used in photovoltaic DC isolators. It is widely used for the purpose of protecting PV modules from high voltage fluctuations and AC current. The product finds its application in various end-use industries including construction, automotive, aerospace & defense and electronics among others.
The global market for 4 pole and it's usage in photovoltaic DC isolators market was valued at USD 854 million in 2015.
Application Insights:
The others application segment includes residential, non-residential and R&D. The growth of the other applications is attributed to growing demand for clean energy in emerging economies such as China, India and Brazil. Countries such as Japan are also likely to contribute significantly towards market growth owing to increased investments by the government in promoting renewable energy generation.
The industrial segment dominated the global photovoltaic DC isolators market with a share of over 30% in 2017 owing to increasing adoption across industries including oil & gas, power generation and building & construction among others. Growing demand for clean electricity has led several companies within these sectors toward adopting PV systems that generate electricity; this trend is expected to continue over the forecast period driving product demand further.
Regional Analysis:
Europe accounted for the largest market share of over 35% in 2017. The region is expected to dominate the industry on account of increasing installations and demand for clean energy. Germany, Italy, France, U.K., Spain are some of the prominent markets in Europe that have adopted solar power as a source of energy and are contributing towards growth in this industry.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rising government initiatives encouraging investments through FDI and public-private partnerships (PPPs). China has emerged as a major consumer due to rapid industrialization along with growing PV capacity addition across many states including Gansu, Sichuan, Xinjiang Uygur Autonomous Region (UAR), Ningxia Hui Autonomous Region (NHA) and Guangxi Zhuang Autonomous Region (GXZ).
Growth Factors:
- Increasing demand for renewable energy sources: The growth of the photovoltaic DC isolators market can be attributed to the increasing demand for renewable energy sources across the globe. This is owing to the growing concerns over climate change and rising electricity costs.
- Technological advancements: The development of new technologies in the field of solar energy is aiding in the growth of the photovoltaic DC isolators market. For instance, recent technological advancements have led to increased efficiency and reduced costs of solar cells, which is aiding in wider adoption of solar power across various applications.
- Government initiatives and subsidies: Governments across countries are promoting use of renewable energy through various initiatives and subsidies, which is aiding in faster adoption of solar power systems, including photovoltaic DC isolators systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
Photovoltaic DC Isolators Market Research Report
By Type
2 Pole, 4 Pole
By Application
Industrial, Commercial, Others
By Companies
ABB, Schneider Electric, Eaton, Siemens, GE, Legrand, CHINT Electrics, Toshiba, Suntree, Yueqing Feeo Electric, Projoy Electric, IMO, Salzer Electronics Limited, ZJ Beny, KATKO
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Photovoltaic DC Isolators Market Report Segments:
The global Photovoltaic DC Isolators market is segmented on the basis of:
Types
2 Pole, 4 Pole
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Commercial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Schneider Electric
- Eaton
- Siemens
- GE
- Legrand
- CHINT Electrics
- Toshiba
- Suntree
- Yueqing Feeo Electric
- Projoy Electric
- IMO
- Salzer Electronics Limited
- ZJ Beny
- KATKO
Highlights of The Photovoltaic DC Isolators Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 2 Pole
- 4 Pole
- By Application:
- Industrial
- Commercial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Photovoltaic DC Isolators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Photovoltaic DC isolators are a type of electrical insulation that helps protect solar panels from the elements. They work by absorbing and dissipating heat, which prevents the panels from overheating and failing.
Some of the major companies in the photovoltaic dc isolators market are ABB, Schneider Electric, Eaton, Siemens, GE, Legrand, CHINT Electrics, Toshiba, Suntree, Yueqing Feeo Electric, Projoy Electric, IMO, Salzer Electronics Limited, ZJ Beny, KATKO.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Photovoltaic DC Isolators Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Photovoltaic DC Isolators Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Photovoltaic DC Isolators Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Photovoltaic DC Isolators Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Photovoltaic DC Isolators Market Size & Forecast, 2018-2028 4.5.1 Photovoltaic DC Isolators Market Size and Y-o-Y Growth 4.5.2 Photovoltaic DC Isolators Market Absolute $ Opportunity
Chapter 5 Global Photovoltaic DC Isolators Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Photovoltaic DC Isolators Market Size Forecast by Type
5.2.1 2 Pole
5.2.2 4 Pole
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Photovoltaic DC Isolators Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Photovoltaic DC Isolators Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Commercial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Photovoltaic DC Isolators Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Photovoltaic DC Isolators Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Photovoltaic DC Isolators Analysis and Forecast
9.1 Introduction
9.2 North America Photovoltaic DC Isolators Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Photovoltaic DC Isolators Market Size Forecast by Type
9.6.1 2 Pole
9.6.2 4 Pole
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Photovoltaic DC Isolators Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Commercial
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Photovoltaic DC Isolators Analysis and Forecast
10.1 Introduction
10.2 Europe Photovoltaic DC Isolators Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Photovoltaic DC Isolators Market Size Forecast by Type
10.6.1 2 Pole
10.6.2 4 Pole
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Photovoltaic DC Isolators Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Commercial
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Photovoltaic DC Isolators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Photovoltaic DC Isolators Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Photovoltaic DC Isolators Market Size Forecast by Type
11.6.1 2 Pole
11.6.2 4 Pole
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Photovoltaic DC Isolators Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Commercial
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Photovoltaic DC Isolators Analysis and Forecast
12.1 Introduction
12.2 Latin America Photovoltaic DC Isolators Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Photovoltaic DC Isolators Market Size Forecast by Type
12.6.1 2 Pole
12.6.2 4 Pole
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Photovoltaic DC Isolators Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Commercial
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Photovoltaic DC Isolators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Photovoltaic DC Isolators Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Photovoltaic DC Isolators Market Size Forecast by Type
13.6.1 2 Pole
13.6.2 4 Pole
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Photovoltaic DC Isolators Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Commercial
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Photovoltaic DC Isolators Market: Competitive Dashboard
14.2 Global Photovoltaic DC Isolators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Schneider Electric
14.3.3 Eaton
14.3.4 Siemens
14.3.5 GE
14.3.6 Legrand
14.3.7 CHINT Electrics
14.3.8 Toshiba
14.3.9 Suntree
14.3.10 Yueqing Feeo Electric
14.3.11 Projoy Electric
14.3.12 IMO
14.3.13 Salzer Electronics Limited
14.3.14 ZJ Beny
14.3.15 KATKO