세계의 PV 모듈 레벨 래피드 셧다운 장비 시장 - 시장 예측(-2030년) : 유형, 기술, 최종 사용자, 지역별 분석

According to Stratistics MRC, the Global PV Module Level Rapid Shutdown Devices Market is growing at a CAGR of 13% during the forecast period. PV Module Level Rapid Shutdown Devices are safety mechanisms ensuring swift deactivation of solar panel electrical outputs during emergencies or maintenance. Positioned at the module level in photovoltaic systems, these devices enhance safety compliance, minimising electrical hazards. They ensure firefighter and personnel safety during fire incidents and maintenance.

According to the IEA (International Energy Agency), China added 38.2 GW of solar PV in 2021 and India added 10.7 GW, while other APAC countries added 14.7 GW among themselves.

Market Dynamics:

Driver:

Rising solar installations

The surge in solar installations amplifies the need for efficient and compliant safety mechanisms, ensuring swift deactivation of power generation during emergencies or maintenance. This driver underscores the pivotal role of rapid shutdown devices in addressing safety concerns at the module level within the expanding solar infrastructure. Further, their integration becomes essential, aligning with the increasing emphasis on safety protocols and propelling market growth for PV Module Level Rapid Shutdown Devices amidst the rising global installations of solar PV systems.

Restraint:

Technological Compatibility

Challenges arise concerning the seamless integration of these devices with diverse existing PV system configurations and control architectures. Compatibility issues, especially in older or more varied setups, may hinder the straightforward deployment of rapid shutdown solutions. This constraint could lead to complexities during installation, operation, or maintenance. Therefore, it acts as a significant barrier to market expansion.

Opportunity:

Partnerships and collaborations

Collaborative efforts between device manufacturers, solar installers, industry associations, and regulatory bodies offer a platform to streamline the development, standardisation, and integration of these safety solutions. Strategic alliances enable the exchange of expertise, technical knowledge, and resources, fostering innovation and the creation of standardised, interoperable rapid shutdown devices. Furthermore, collaborations can enhance awareness, educate stakeholders, and promote the benefits of these devices, accelerating their adoption across diverse photovoltaic systems and spurring market growth.

Threat:

Regulatory changes

Evolving safety regulations or standards could necessitate costly modifications or upgrades to existing PV systems to comply with new requirements. This can impact affordability, create uncertainty for manufacturers, and potentially lead to market disruptions. Adapting to changing regulations demands continuous investment in research and development, modifications in manufacturing processes, and adjustments to product offerings, posing challenges for manufacturers to remain compliant while sustaining market competitiveness.

COVID-19 Impact

The COVID-19 pandemic is causing disruptions in supply chains, project timelines, and installation services. Lockdowns, restrictions, and economic uncertainties hindered solar projects and installations globally. However, as the renewable energy sector recovered, the market witnessed resilience and a renewed focus on solar energy. Increased emphasis on clean energy and sustainable solutions post-pandemic accelerated solar installations. Safety regulations and standards continued to drive demand for rapid shutdown devices, particularly in the residential and commercial sectors.

The Single-input Channel segment is expected to be the largest during the forecast period

The Single-input Channel segment is estimated to hold the largest share. Devices designed to control the shutdown of a single string or input channel in a photovoltaic (PV) system during emergencies or maintenance are known as single-input channels. These devices facilitate the rapid deactivation of power generation at the module level, ensuring enhanced safety by minimising electrical hazards. However, they offer a streamlined solution for smaller-scale PV systems or individual strings, providing efficient shutdown capabilities in compliance with safety regulations and standards, particularly in scenarios where separate control per input channel or string is required for safety measures in solar installations.

The Residential segment is expected to have the highest CAGR during the forecast period

The Residential segment is anticipated to have lucrative growth during the forecast period. PV Module Level Rapid Shutdown Devices offer efficient shutdown capabilities for small-scale residential photovoltaic systems, ensuring safety during emergencies or maintenance. Specifically designed to meet the needs of homeowner installations, these devices enable rapid shutdown at the module level, complying with safety regulations and standards. Furthermore, these devices aim to enhance safety by minimising electrical hazards, providing homeowners with reliable and compliant solutions that ensure secure operation and maintenance of their solar systems within the residential segment of the market.

Region with largest share:

Asia Pacific commanded the largest market share during the extrapolated period owing to increasing solar installations, supportive government policies, and the rising adoption of renewable energy. APAC's solar energy sector witnessed substantial investments, prompting the demand for PV module-level rapid shutdown devices. Moreover, government initiatives promoting clean energy sources and the need for enhanced safety measures in solar installations further bolstered the market. The region's expanding solar infrastructure and favourable regulatory landscape positioned it as a key contributor to the global market.

Region with highest CAGR:

North America is expected to witness profitable growth over the projection period, due to the substantial growth in solar installations. Stringent safety regulations and standards in the solar industry, particularly in the U.S., mandate the implementation of rapid shutdown solutions for solar systems. Additionally, government incentives and support for renewable energy, coupled with the increasing adoption of solar power in residential, commercial, and utility-scale projects, drove the demand for PV module level rapid shutdown devices across North America.

Key players in the market:

Some of the key players in the PV Module Level Rapid Shutdown Devices Market include Apsmart, Zhejiang Benyi Electronical, Goodwe, CED Greentech, Tigo, Hoymiles, TSUN, SunSniffer, SolarEdge Technologies, Inc., Enphase Energy, Fonrich, ABB Ltd., Fronius International GmbH,Delta Electronics, Inc. and SMA Solar Technology AG.

Key Developments:

In September 2023, SolarEdge Technologies, Inc., a global leader in smart energy technology, announced the U.S. launch of its new high-power, three-phase SolarEdge 330kW Inverter and its complementing H1300 Power Optimizer for community solar, agri-PV and small-to-medium scale ground mount utility PV applications.

In August 2023, SolarEdge Technologies, Inc., a global leader in smart energy technology, launches New Home Hub and Wave Inverters with Embedded Power Control System (PCS) Aimed at Reducing Installation Costs.

In July 2923, SolarEdge Technologies, Inc., a global leader in smart energy technology, announced the forming of a joint venture (JV) with Ajlan & Bros Holding (ABH), one of the largest private sector conglomerates in the Middle East and North Africa region. The JV is being formed to support the deployment of smart renewable energy solutions in Saudi Arabia, in-line with the Saudi Vision 2030 initiative that aims to reduce the country's dependence on oil by the end of this decade.

Types Covered:

• Single-input Channel
• Dual-input Channel

Technologies Covered:

• Module-Level Power Electronics (MLPE)
• Wireless Communication
• Power Line Communication (PLC)

End Users Covered:

• Residential
• Commercial
• Utility-Scale
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global PV Module Level Rapid Shutdown Devices Market, By Type

• 5.1 Introduction
• 5.2 Single-input Channel
• 5.3 Dual-input Channel

6 Global PV Module Level Rapid Shutdown Devices Market, By Technology

• 6.1 Introduction
• 6.2 Module-Level Power Electronics (MLPE)
• 6.3 Wireless Communication
• 6.4 Power Line Communication (PLC)

7 Global PV Module Level Rapid Shutdown Devices Market, By End User

• 7.1 Introduction
• 7.2 Residential
• 7.3 Commercial
• 7.4 Utility-Scale
• 7.5 Other End Users

8 Global PV Module Level Rapid Shutdown Devices Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 Apsmart
• 10.2 Zhejiang Benyi Electronical
• 10.3 Goodwe
• 10.4 CED Greentech
• 10.5 Tigo
• 10.6 Hoymiles
• 10.7 TSUN
• 10.8 SunSniffer
• 10.9 SolarEdge Technologies, Inc.
• 10.10 Enphase Energy
• 10.11 Fonrich
• 10.12 ABB Ltd.
• 10.13 Fronius International GmbH
• 10.14 Delta Electronics, Inc.
• 10.15 SMA Solar Technology AG