Power Optimizer Market in buck convertor segment to reach USD 900 Million by 2025

Power Optimizers Market in buck convertor is expected to grow rapidly in the coming years. Buck units are DC-DC power convertor that step-down voltage from input to output. The power supply technology is based on switched mode containing one element of energy storage, a capacitor and two semiconductors (diode & transistor, although for synchronous modification, new generation convertors replace diode with transistor), an inductor or a combination of two. Prominent manufacturers with R&D capabilities and technological expertise have been investing continuously to enhance product performance which in turn will boost the market growth.

Power Optimizers Market will be augmented by agile expansion of sustainable electric infrastructure coupled with advanced technologies for distributed power generation. Standalone units in the present industrial regime have been influenced primarily by the increase in energy demand across regions facing limited access to grid or complete isolation. Growth in micro-grid infrastructure for renewable energy adoption on a large scale has instituted a positive industry scenario.

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Optimizers have been characterized as an effective alternative for module level management and power monitoring, concentrating the MPPT benefits with superior operational efficiencies of string invertors. Additional features that include module shading alleviation, module mismatch resonance and under or over performance operating modules will strengthen the power optimizers market dynamics.

Stringent government regulations in response to growing environmental concerns to curtail carbon emissions have positively influenced adoption of technologies ensuring energy conservation. Regulatory and operational amendments across eminent power markets supported by technological enhancements associated with product operations, flexibility and efficiency have influenced the industry dynamics positively. Henceforth, prominent technological variations and upgrades favored by manufacturer inclination towards cost competitive product development will augment the global power optimizers market.

By Connectivity

  • Stand-alone
  • On-grid

By Converter

  • Buck
  • Boost
  • Buck – boost

By Application

  • Residential
  • Commercial
  • Utility

Optimizers have emerged in the power industry as a substitute for module level power monitoring & management, coagulating the benefits of MPPT with higher operational efficiencies of string inverters. In addition, features including module mismatch resonance, alleviation of module shading impact and over or under performing modules will strengthen the overall power optimizers market potential.

Power optimizers are irrefutably essential in almost all PV panel systems to attain ensure stable performance, particularly in partially shaded environments. Powered by the product’s robust deployment across the residential, commercial and utility-scale solar designs and escalating technological advancements, power optimizers market size is likely to cross 30 million units in terms of annual installations by 2025.

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