The global Solar PV Testers market size is predicted to grow from US$ 129 million in 2025 to US$ 232 million in 2031; it is expected to grow at a CAGR of 10.3% from 2025 to 2031.
Solar PV 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.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China"s photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan"s newly installed photovoltaic capacity was 3.58 GW.
LP Information, Inc. (LPI) ' newest research report, the “Solar PV Testers Industry Forecast” looks at past sales and reviews total world Solar PV Testers sales in 2024, providing a comprehensive analysis by region and market sector of projected Solar PV Testers sales for 2025 through 2031. With Solar PV Testers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solar PV Testers industry.
This Insight Report provides a comprehensive analysis of the global Solar PV Testers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Solar PV Testers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Solar PV Testers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solar PV Testers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Solar PV Testers.
This report presents a comprehensive overview, market shares, and growth opportunities of Solar PV Testers market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Handheld Solar PV Testers
Portable Solar PV Testers
Segmentation by Application:
Commercial
Industrial
Public Utilities
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Fluke
GMC-Instruments
HT Instruments
Seaward Electronic
HIOKI
Megger
BENNING
HellermannTyton
Metrel
Teledyne FLIR
MECO
Sonel
DI-LOG
Solmetric
Emazys
EETS
Key Questions Addressed in this Report
What is the 10-year outlook for the global Solar PV Testers market?
What factors are driving Solar PV Testers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Solar PV Testers market opportunities vary by end market size?
How does Solar PV Testers break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
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