Report overview
Solar Panel Testers, also known as PV Testers or PV Installation Testers, are a relatively new breed of tools. They are intended for testing the efficiency and operating condition of solar panel installations, otherwise known as photovoltaic devices. Photovoltaics is the method that solar panels use to harness the sun's energy. Solar Panel Testers have become highly in-demand in recent years as PV technology continues to decrease in price and increase in popularity.
This report aims to provide a comprehensive presentation of the global market for Solar Panel Testers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar Panel Testers. This report contains market size and forecasts of Solar Panel Testers in global, including the following market information:
Global Solar Panel Testers Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Solar Panel Testers Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Solar Panel Testers companies in 2022 (%)
The global Solar Panel Testers market was valued at US$ 86 million in 2022 and is projected to reach US$ 163.5 million by 2029, at a CAGR of 9.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of solar panel testers include Fluke, GMC-Instruments, Solmetric, BENNING, Sonel, HT Instruments, HIOKI, Megger, etc. The top three players hold a share over 43%. Asia-Pacific is the largest market, has a share about 50%, followed by Europe and North America, with share 25% and 19%, separately. In terms of product type, DC Voltage up to 1000V is the largest segment, occupied for a share of 62%, and in terms of application, PV Power Station has a share about 73 percent.
We surveyed the Solar Panel Testers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Solar Panel Testers Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Solar Panel Testers Market Segment Percentages, by Type, 2022 (%)
DC Voltage up to 1000V
DC Voltage up to 1500V
Others
Global Solar Panel Testers Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Solar Panel Testers Market Segment Percentages, by Application, 2022 (%)
PV Power Station
Commercial
Residential
Others
Global Solar Panel Testers Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Solar Panel Testers Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Solar Panel Testers revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Solar Panel Testers revenues share in global market, 2022 (%)
Key companies Solar Panel Testers sales in global market, 2018-2023 (Estimated), (Units)
Key companies Solar Panel Testers sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Fluke
GMC-Instruments
HT Instruments
HIOKI
Megger
BENNING
Metrel
Teledyne FLIR
MECO
Sonel
DI-LOG
Solmetric
Emazys
TENMARS
Ceyear
Kewell
Outline of Major Chapters:
Chapter 1: Introduces the definition of Solar Panel Testers, market overview.
Chapter 2: Global Solar Panel Testers market size in revenue and volume.
Chapter 3: Detailed analysis of Solar Panel Testers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Solar Panel Testers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global Solar Panel Testers capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.