Market Overview:
The global power optimizer for resident market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient solutions and the rising awareness about energy conservation. In addition, the growing penetration of solar photovoltaic (PV) systems is also contributing to the growth of this market. The global power optimizer for resident market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into standalone and on-grid power optimizers. The standalone segment is expected to hold a larger share in terms of revenue in 2018 owing to its low installation cost as compared with on-grid power optimizers.
Product Definition:
Power Optimizer for Resident is a utility that helps optimize power management on laptops, desktops and workstations. Power Optimizer for Resident can help improve system performance, conserve power and extend battery life.
Standalone:
Resident Power Optimizer is a standalone application used for optimizing power consumption in Windows PCs. It analyzes the current power usage of all running applications and processes as well as services that are being offered to the user via Start menu. The Standalone utility has two modes, one is quick scan and other is full scan mode.
On-grid:
On-grid power is the electricity that is generated from the primary source of electricity i.e. utility grid and it's available to consumers 24/7 without any interruption. The on-grid power system has no battery storage devices or diesel generators as backup for when there are fluctuations in the supply from the grid.
Application Insights:
The commercial segment held the largest share of power optimizer for residential market in 2017. The growth can be attributed to growing demand from data centers, IT offices, and corporate offices. Power Optimizers help reduce energy costs by 50% to 80%. In addition, they also help improve the environment as they use renewable sources of energy such as wind and solar for electricity generation.
Residential application is expected to grow at a significant rate over the forecast period owing to increasing awareness about power consumption among consumers across the globe. Rising concerns regarding rising fuel prices coupled with environmental issues are driving people towards purchasing residential grade POwerOptimizers that consume less energy and generate lower emissions than their commercial counterparts do.
Regional Analysis:
Asia Pacific power optimizer market is anticipated to witness significant growth over the forecast period owing to increasing demand for electricity in countries, such as China and India. The region is expected to account for a major share of global revenue by 2030. Rising investments in renewable energy sources are also expected to drive the regional market growth over the forecast period.
Europe held a substantial share of global revenue in 2017 due to growing demand from end-use industries, such as healthcare and IT & telecom sectors. North America was another prominent region that held a significant market share owing to high consumer awareness regarding energy conservation measures coupled with rising government initiatives on reducing carbon footprint associated with electricity generation practices across U.S.
Growth Factors:
- Increasing demand for energy efficiency and sustainability in the built environment
- Proliferation of smart buildings and the Internet of Things (IoT)
- Growing awareness of Power Optimizer benefits by facility managers
- Increased availability of financing options for energy-efficiency projects
- Continued technological advancements that improve the performance and value proposition of Power Optimizers
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Optimizer for Resident Market Research Report
By Type
Standalone, On-grid
By Application
Household, Commercial, Others
By Companies
SolarEdge, SMA Solar, Tigo, Altenergy, Ampt, igrenEnergi, Huawei, Kuby Renewable Energy, Darfon Electronics, Maxim Integrated, Texas Instruments, GreenBrilliance, Xandex, Mornsun, Ferroamp, Alencon, ABB, Fronious
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Power Optimizer for Resident Market Report Segments:
The global Power Optimizer for Resident market is segmented on the basis of:
Types
Standalone, On-grid
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
Household, 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:
- SolarEdge
- SMA Solar
- Tigo
- Altenergy
- Ampt
- igrenEnergi
- Huawei
- Kuby Renewable Energy
- Darfon Electronics
- Maxim Integrated
- Texas Instruments
- GreenBrilliance
- Xandex
- Mornsun
- Ferroamp
- Alencon
- ABB
- Fronious
Highlights of The Power Optimizer for Resident 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:
- Standalone
- On-grid
- By Application:
- Household
- 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 Power Optimizer for Resident 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Power Optimizer for Resident is a software that helps residents save energy and money. It monitors resident's energy use and provides tips on how to conserve energy.
Some of the key players operating in the power optimizer for resident market are SolarEdge, SMA Solar, Tigo, Altenergy, Ampt, igrenEnergi, Huawei, Kuby Renewable Energy, Darfon Electronics, Maxim Integrated, Texas Instruments, GreenBrilliance, Xandex, Mornsun, Ferroamp, Alencon, ABB, Fronious.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Power Optimizer for Resident Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Power Optimizer for Resident Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Power Optimizer for Resident Market - Supply Chain
4.5. Global Power Optimizer for Resident Market Forecast
4.5.1. Power Optimizer for Resident Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Power Optimizer for Resident Market Size (000 Units) and Y-o-Y Growth
4.5.3. Power Optimizer for Resident Market Absolute $ Opportunity
5. Global Power Optimizer for Resident Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Power Optimizer for Resident Market Size and Volume Forecast by Type
5.3.1. Standalone
5.3.2. On-grid
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Power Optimizer for Resident Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Power Optimizer for Resident Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Commercial
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Power Optimizer for Resident Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Power Optimizer for Resident Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Power Optimizer for Resident Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Power Optimizer for Resident Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Power Optimizer for Resident Demand Share Forecast, 2019-2026
9. North America Power Optimizer for Resident Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Power Optimizer for Resident Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Power Optimizer for Resident Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Commercial
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Power Optimizer for Resident Market Size and Volume Forecast by Type
9.7.1. Standalone
9.7.2. On-grid
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Power Optimizer for Resident Demand Share Forecast, 2019-2026
10. Latin America Power Optimizer for Resident Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Power Optimizer for Resident Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Power Optimizer for Resident Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Commercial
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Power Optimizer for Resident Market Size and Volume Forecast by Type
10.7.1. Standalone
10.7.2. On-grid
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Power Optimizer for Resident Demand Share Forecast, 2019-2026
11. Europe Power Optimizer for Resident Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Power Optimizer for Resident Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Power Optimizer for Resident Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Commercial
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Power Optimizer for Resident Market Size and Volume Forecast by Type
11.7.1. Standalone
11.7.2. On-grid
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Power Optimizer for Resident Demand Share, 2019-2026
12. Asia Pacific Power Optimizer for Resident Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Power Optimizer for Resident Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Power Optimizer for Resident Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Commercial
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Power Optimizer for Resident Market Size and Volume Forecast by Type
12.7.1. Standalone
12.7.2. On-grid
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Power Optimizer for Resident Demand Share, 2019-2026
13. Middle East & Africa Power Optimizer for Resident Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Power Optimizer for Resident Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Power Optimizer for Resident Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Commercial
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Power Optimizer for Resident Market Size and Volume Forecast by Type
13.7.1. Standalone
13.7.2. On-grid
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Power Optimizer for Resident Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Power Optimizer for Resident Market: Market Share Analysis
14.2. Power Optimizer for Resident Distributors and Customers
14.3. Power Optimizer for Resident Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SolarEdge
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SMA Solar
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tigo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Altenergy
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ampt
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. igrenEnergi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Huawei
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kuby Renewable Energy
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Darfon Electronics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Maxim Integrated
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Texas Instruments
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. GreenBrilliance
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Xandex
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Mornsun
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Ferroamp
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Alencon
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. ABB
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Fronious
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
