Global Solar Panel Testers Market Growth 2025-2031

Global Solar Panel Testers Market Growth 2025-2031

The global Solar Panel Testers market size is predicted to grow from US$ 107 million in 2025 to US$ 192 million in 2031; it is expected to grow at a CAGR of 10.3% from 2025 to 2031.

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.

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.

LP Information, Inc. (LPI) ' newest research report, the “Solar Panel Testers Industry Forecast” looks at past sales and reviews total world Solar Panel Testers sales in 2024, providing a comprehensive analysis by region and market sector of projected Solar Panel Testers sales for 2025 through 2031. With Solar Panel Testers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solar Panel Testers industry.

This Insight Report provides a comprehensive analysis of the global Solar Panel 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 Panel Testers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Solar Panel Testers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solar Panel 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 Panel Testers.

This report presents a comprehensive overview, market shares, and growth opportunities of Solar Panel Testers market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
DC Voltage up to 1000V
DC Voltage up to 1500V
Others

Segmentation by Application:
PV Power Station
Commercial
Residential
Others

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
HIOKI
Megger
BENNING
Metrel
Teledyne FLIR
MECO
Sonel
DI-LOG
Solmetric
Emazys
TENMARS
Ceyear
Kewell

Key Questions Addressed in this Report

What is the 10-year outlook for the global Solar Panel Testers market?

What factors are driving Solar Panel Testers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Solar Panel Testers market opportunities vary by end market size?

How does Solar Panel Testers break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.