Solar PV Testing Equipment Market Size and Share

Solar PV Testing Equipment Market (2025 - 2030)
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Solar PV Testing Equipment Market Analysis by Mordor Intelligence

The Solar PV Testing Equipment Market size is estimated at USD 0.96 billion in 2025, and is expected to reach USD 1.48 billion by 2030, at a CAGR of 8.96% during the forecast period (2025-2030).

Robust solar build-outs—600 GW of new capacity in 2024 alone—anchor demand as every megawatt requires rigorous commissioning, performance validation, and recurrent maintenance testing throughout its 25-year life. The pivot from 1,000 V to 1,500 V string architectures trims direct-current losses by roughly one-third but obliges asset owners to deploy high-voltage testers rated for elevated insulation stress and leakage-current checks. Equipment makers embed cloud analytics, machine-learning firmware, and cybersecurity safeguards to align with utility mandates for continuous monitoring and grid-support verification. Suppliers can package integrated, multi-function tools—power analysis, I-V curve tracing, electroluminescence imaging, and IEC 62446-1 reporting—gain share as installers and financiers favor single-vendor sourcing to simplify procurement and technician training.

Key Report Takeaways

  • By equipment type, power analyzers held 35.1% of the Solar PV Testing Equipment market share in 2024, whereas I-V curve tracers are projected to grow at a 9.6% CAGR through 2030.
  • By technology, manual systems accounted for 46.5% of the Solar PV Testing Equipment market size in 2024, while automated systems recorded the fastest CAGR at 10.4% to 2030.
  • By testing phase, on-site validation dominated with a 49.8% share in 2024; maintenance testing is set to expand at a 9.9% CAGR as the installed base ages.
  • By application, solar system installers commanded 38.3% of 2024 revenue, but utility-scale projects are rising fastest at a 9.8% CAGR on institutional capital inflows.
  • By end-user industry, energy and power enterprises held 43.7% of revenue in 2024 and are advancing at a 9.5% CAGR amid grid-stability mandates.
  • By geography, Europe led with 32.6% revenue in 2024, whereas Asia-Pacific shows the highest growth trajectory at a 10.6% CAGR.

Segment Analysis

By Equipment Type: Precision Power Analyzers Sustain Leadership

Power analyzers captured 35.1% revenue in 2024, underscoring their role as the primary diagnostic interface for DC and AC performance verification across residential rooftops and gigawatt-scale solar parks. Their expanded firmware now evaluates harmonics, flicker, and grid-support functions, aligning with advanced inverter mandates. In contrast, IV-curve tracers, projected at a 9.6% CAGR, benefit from bifacial and heterojunction module adoption that demands detailed cell-level characterization. The Solar PV Testing Equipment market size for curve tracers is forecast to expand quickly as utility owners standardize baseline I-V fingerprints during commissioning.

Thermal imagers, solar simulators, and clamp meters add complementary capabilities. Vendors increasingly converge these modalities into unified platforms that cut test cycle time and simplify data management. For instance, Fluke’s 393 FC integrates current, voltage, and power calculations in a 1,500 V-rated handheld—evidence of shrinking toolkits that elevate user safety while enhancing throughput.

Solar PV Testing Equipment Market: Market Share by Equipment Type
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Technology: Automation Gains Ground, Manual Tools Endure

Manual instruments still held 46.5% of 2024 revenue because installers trust portable, battery-powered testers for on-site checks that range from insulation resistance to polarity confirmation. Yet automated systems, growing at 10.4% CAGR, dominate factories and utility-scale sites where repeatability and speed are paramount. The Solar PV Testing Equipment market continues to witness rapid deployment of robotic probe stations, conveyor-mounted flash testers, and machine-vision sorters that log every measurement to cloud databases. Integration with supervisory control and data acquisition (SCADA) frameworks embeds test data into asset-performance models, facilitating warranty claims and predictive maintenance.

Hybrid architectures emerge: a mobile cart may carry automated IV tracers controlled by tablet apps, bridging field flexibility with factory-grade accuracy. Vendors embed Wi-Fi, LTE, and Bluetooth to upload encrypted datasets that meet cybersecurity guidelines in Europe and North America.

By Testing Phase: On-Site Checks Dominate, Maintenance Accelerates

On-site validation represented 49.8% revenue in 2024, reflecting mandatory commissioning protocols enforced by utilities and insurers. These sessions capture baseline performance, inverter firmware versions, and string-level open-circuit voltage. As installed capacity ages, maintenance testing rises at a 9.9% CAGR, spurred by investor appetite for lifetime-yield assurance and ESG disclosures. The Solar PV Testing Equipment market size attached to maintenance contracts is set to widen as performance-ratio guarantees tighten under power-purchase agreements. Hybrid fixed plus mobile monitoring blends always-on sensors with annual deep-dive audits, balancing cost and granularity.

Pre-installation laboratory tests serve module manufacturers needing IEC 61215 and IEC 61730 certification. Here, climatic chambers, accelerated UV stations, and mechanical load frames verify durability. Data from these phases feed digital twins that simulate degradation trajectories, enabling asset managers to refine replacement and repowering schedules.

Solar PV Testing Equipment Market: Market Share by Testing Phase
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Application: Installers Lead, Utility-Scale Momentum Builds

Solar system installers accounted for 38.3% of 2024 sales thanks to fragmented residential and commercial segments that collectively buy high volumes of handheld tools. Utility-scale developers, however, register the highest CAGR at 9.8% as 100-MW-plus sites standardize fleet-wide testing templates. Financial institutions increasingly mandate independent engineering reports that include electroluminescence scans and drone-based thermography before loan disbursement. The Solar PV Testing Equipment market share linked to financiers’ due diligence packs is thus poised to rise, driving demand for interoperable hardware-software bundles.

Manufacturers continue to invest in in-line electroluminescence cameras and solar simulators that verify every module before shipment. R&D labs push instrumentation boundaries further, evaluating tandem perovskite-silicon stacks that require sub-millisecond flash pulses and wide-band spectroradiometers.

By End-User Industry: Energy & Power Utilities Anchor Demand

Utilities and independent power producers (IPPs) represented 43.7% revenue in 2024, and their 9.5% CAGR stems from grid-code evolution and curtailment risk mitigation strategies. Utilities compare expected versus actual energy yield daily, relying on SCADA-integrated testers to diagnose anomalies rapidly. In manufacturing, automated cell sorters and flash testers underpin million-unit daily outputs in China’s megafactories. Construction companies increasingly embed building-integrated photovoltaics, requiring testers that verify both electrical continuity and façade integrity.

Government labs and certification bodies purchase reference-grade instruments to audit market surveillance samples and publish bankability datasets. These organizations influence procurement patterns by approving brand-specific models that meet traceability and uncertainty budgets.

Solar PV Testing Equipment Market: Market Share by End-User Industry
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

Geography Analysis

Europe retained 32.6% revenue in 2024 based on Germany’s 17.5 GW addition and the EU Network and Information Security Directive that compels cybersecurity audits for renewable assets. Cold-climate demands from Scandinavia fuel niche sub-markets for low-temperature I-V testing and snow-load stress rigs. Project financiers prioritize certified data integrity, driving premium pricing for multi-function testers that bundle encryption and IEC 62443 compliance.

Asia-Pacific is the fastest-growing arena at a 10.6% CAGR. India’s 145% jump to 30.7 GW of new capacity in 2024, coupled with China’s 329 GW spree, creates unprecedented scale. Domestic Chinese vendors dominate entry-level tools, yet imported high-precision analyzers remain essential for export-oriented manufacturers seeking IEC and UL certifications. Southeast Asian nations expand feed-in tariffs but struggle with training gaps, positioning third-party labs for rapid expansion.

North America benefits from the Inflation Reduction Act, which has unlocked announcements exceeding 280 GW of local cell and module lines. The Solar PV Testing Equipment market in the U.S. sees steady demand for grid simulator platforms that validate IEEE 1547-2018 ride-through capabilities. Canada’s provincial procurement programs and Mexico’s merchant projects add heterogeneous compliance demands, compelling vendors to offer modular firmware upgrades.

Solar PV Testing Equipment Market CAGR (%), Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Analysis on Important Geographic Markets
Download PDF

Competitive Landscape

The Solar PV Testing Equipment market exhibits moderate fragmentation: top five vendors supply advanced analyzers, while hundreds of regional firms offer handheld multimeters. Competition now centers on integrated solutions that couple electrical testing with machine-learning analytics, secure data pipelines, and predictive maintenance dashboards. Fluke, Chroma, and Dewesoft leverage decades of precision-measurement know-how to release 1,500 V-ready curve tracers and bidirectional DC power supplies.

Midsize companies pursue differentiation via vertical expertise. RETC’s 2024 acquisition of SolarPTL expanded lab capacity across the U.S. and Europe, allowing faster turnaround on bankability studies. German outfits focus on cold-climate endurance rigs, while Japanese suppliers specialize in micro-crack photoluminescence cameras. White-space opportunities arise in Africa and Latin America, where few accredited labs exist; vendors form joint ventures with universities to seed technician pipelines.

Technology roadmaps converge on five themes: higher voltage tolerance, deeper automation, wider spectral simulation, cybersecurity hardening, and AI-assisted fault classification. Vendors embedding over-the-air firmware updates and end-to-end encryption enjoy an early-mover advantage as asset managers integrate testing data with enterprise resource planning systems.

Solar PV Testing Equipment Industry Leaders

  1. Fluke Corporation

  2. Seaward Electronic Ltd.

  3. Keysight Technologies

  4. Megger Group

  5. HT Instruments (HT-Italia)

  6. *Disclaimer: Major Players sorted in no particular order
Solar PV Testing Equipment Market
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • September 2024: Fluke Corporation debuted utility-scale oriented measurement tools to streamline large-array testing.
  • February 2024: Fraunhofer ISE inaugurated a module technology evaluation lab to push next-gen testing frontiers.
  • July 2024: RETC LLC completed its purchase of SolarPTL LLC, broadening certification coverage in the U.S. and Europe.

Table of Contents for Solar PV Testing Equipment Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Escalating global PV installation volumes
    • 4.2.2 Rapid cost decline of PV hardware & O&M digitalization
    • 4.2.3 Evolving safety-compliance standards (IEC 62446-1, NEC 2023)
    • 4.2.4 Shift to 1,500 V string architectures needing high-voltage testers
    • 4.2.5 ESG-driven zero-defect procurement policies by asset owners
    • 4.2.6 Insurance underwriters mandating baseline performance data
  • 4.3 Market Restraints
    • 4.3.1 High CAPEX for advanced testing equipment
    • 4.3.2 Shortage of certified PV test technicians in emerging markets
    • 4.3.3 Smart inverters' built-in self-diagnostics curbing external tester demand
    • 4.3.4 Cyber-security concerns over cloud-connected test gear
  • 4.4 Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts

  • 5.1 By Equipment Type
    • 5.1.1 Power Analyzers
    • 5.1.2 IV Curve Tracers
    • 5.1.3 Thermal Imagers
    • 5.1.4 Solar Simulators
    • 5.1.5 Multimeters
    • 5.1.6 Shunt Resistors
  • 5.2 By Technology
    • 5.2.1 Automated Testing Equipment
    • 5.2.2 Manual Testing Equipment
    • 5.2.3 Portable Testing Equipment
    • 5.2.4 Integrated Testing Systems
  • 5.3 By Testing Phase
    • 5.3.1 Pre-Installation Testing
    • 5.3.2 On-Site Testing
    • 5.3.3 Maintenance Testing
  • 5.4 By Application
    • 5.4.1 Solar Panel Manufacturers
    • 5.4.2 Solar System Installers
    • 5.4.3 Solar Farms and Utility-Scale Installations
    • 5.4.4 Research and Development
    • 5.4.5 Maintenance and Repair Services
  • 5.5 By End-User Industry
    • 5.5.1 Energy and Power
    • 5.5.2 Manufacturing
    • 5.5.3 Construction and Infrastructure
    • 5.5.4 Government and Public Sector
    • 5.5.5 Research Institutions
  • 5.6 By Geography
    • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
    • 5.6.2 Europe
    • 5.6.2.1 Germany
    • 5.6.2.2 United Kingdom
    • 5.6.2.3 France
    • 5.6.2.4 Italy
    • 5.6.2.5 NORDIC Countries
    • 5.6.2.6 Russia
    • 5.6.2.7 Rest of Europe
    • 5.6.3 Asia-Pacific
    • 5.6.3.1 China
    • 5.6.3.2 India
    • 5.6.3.3 Japan
    • 5.6.3.4 South Korea
    • 5.6.3.5 ASEAN Countries
    • 5.6.3.6 Rest of Asia-Pacific
    • 5.6.4 South America
    • 5.6.4.1 Brazil
    • 5.6.4.2 Argentina
    • 5.6.4.3 Rest of South America
    • 5.6.5 Middle East and Africa
    • 5.6.5.1 Saudi Arabia
    • 5.6.5.2 United Arab Emirates
    • 5.6.5.3 South Africa
    • 5.6.5.4 Egypt
    • 5.6.5.5 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves (M&A, Partnerships, PPAs)
  • 6.3 Market Share Analysis (Market Rank/Share for key companies)
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
    • 6.4.1 Fluke Corporation (incl. Solmetric)
    • 6.4.2 Seaward Electronic Ltd.
    • 6.4.3 HT Instruments (HT-Italia)
    • 6.4.4 Chauvin Arnoux Group
    • 6.4.5 Megger Group
    • 6.4.6 Kyoritsu Electrical Instruments Works Ltd.
    • 6.4.7 Gossen Metrawatt GmbH
    • 6.4.8 MECO Instruments
    • 6.4.9 Metrel d.d.
    • 6.4.10 Keysight Technologies
    • 6.4.11 Yokogawa Electric Corporation
    • 6.4.12 Chroma ATE Inc.
    • 6.4.13 Newport Corporation (MKS Instruments)
    • 6.4.14 PV Measurements Inc.
    • 6.4.15 EKO Instruments
    • 6.4.16 OTT HydroMet(Kipp & Zonen)
    • 6.4.17 Sevensense
    • 6.4.18 Apogee Instruments
    • 6.4.19 Delta OHM
    • 6.4.20 AMETEK / Abet Technologies
    • 6.4.21 AEMC Instruments
    • 6.4.22 PV-One (IVy)
    • 6.4.23 CMW Solar
    • 6.4.24 Eltest Engineering

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-need Assessment
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Global Solar PV Testing Equipment Market Report Scope

By Equipment Type
Power Analyzers
IV Curve Tracers
Thermal Imagers
Solar Simulators
Multimeters
Shunt Resistors
By Technology
Automated Testing Equipment
Manual Testing Equipment
Portable Testing Equipment
Integrated Testing Systems
By Testing Phase
Pre-Installation Testing
On-Site Testing
Maintenance Testing
By Application
Solar Panel Manufacturers
Solar System Installers
Solar Farms and Utility-Scale Installations
Research and Development
Maintenance and Repair Services
By End-User Industry
Energy and Power
Manufacturing
Construction and Infrastructure
Government and Public Sector
Research Institutions
By Geography
North AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
France
Italy
NORDIC Countries
Russia
Rest of Europe
Asia-PacificChina
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
South AmericaBrazil
Argentina
Rest of South America
Middle East and AfricaSaudi Arabia
United Arab Emirates
South Africa
Egypt
Rest of Middle East and Africa
By Equipment TypePower Analyzers
IV Curve Tracers
Thermal Imagers
Solar Simulators
Multimeters
Shunt Resistors
By TechnologyAutomated Testing Equipment
Manual Testing Equipment
Portable Testing Equipment
Integrated Testing Systems
By Testing PhasePre-Installation Testing
On-Site Testing
Maintenance Testing
By ApplicationSolar Panel Manufacturers
Solar System Installers
Solar Farms and Utility-Scale Installations
Research and Development
Maintenance and Repair Services
By End-User IndustryEnergy and Power
Manufacturing
Construction and Infrastructure
Government and Public Sector
Research Institutions
By GeographyNorth AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
France
Italy
NORDIC Countries
Russia
Rest of Europe
Asia-PacificChina
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
South AmericaBrazil
Argentina
Rest of South America
Middle East and AfricaSaudi Arabia
United Arab Emirates
South Africa
Egypt
Rest of Middle East and Africa
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

What is the current size of the Solar PV Testing Equipment market?

The market stood at USD 965.17 million in 2025.

What compound annual growth rate is projected for 2025-2030?

A CAGR of 8.96% is forecast, taking revenue to USD 1.48 billion by 2030.

Which equipment type generates the highest revenue today?

Power analyzers lead with 35.1% share of 2024 sales.

Which region is expected to expand the quickest over the next five years?

Asia-Pacific is projected to post the highest regional CAGR at 10.6% through 2030.

How does the migration to 1,500 V system architecture influence demand?

Legacy 1,000 V testers become obsolete, driving replacement cycles for high-voltage-rated analyzers and I-V curve tracers.

What key challenges limit adoption in emerging markets?

High upfront equipment costs and a shortage of certified PV test technicians hinder rapid uptake.

Page last updated on: