Global PV Inverters Market valued approximately USD 5.3 billion in 2016 is anticipated to grow with a healthy growth rate of more than 14.3% over the forecast period 2017–2025 Growing awareness for adopting the usage of renewable energy sources across the world which have led to the large-scale adoption of solar photovoltaic (PV) installations.
The rising affordability of energy storage devices creates ample opportunities for the market. Moreover, Government is also setting targets and introducing familiar polices for promoting renewable energy as well as to reduce carbon emissions. Increasing awareness owing to fossil fuel conservation and clean fuel demand will complement the industry growth.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.
Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
• By Application
Residential
Commercial & Industrial
Utility Scale
• By Type
Central Inverters
String Inverters
Micro Inverters
Others
By Regions:
North America
o U.S.
o Canada
Europe
o UK
o Germany
Asia Pacific
o China
o India
o Japan
Rest of the World
Furthermore, years considered for the study are as follows:
- Historical year — 2015
- Base year — 2016
- Forecast period — 2017 to 2025
Some of the key manufacturers involved in the market are ABB Ltd (Switzerland), SMA Solar Technology AG (Germany), Canadian Solar Inc. (Canada), SolarEdge Technologies Inc. (Israel), SunPower Corporation (U.S.), Delta Electronics, Inc. (Taiwan), Solectria Renewables, LLC (U.S.), Sineng Electric Co., Ltd. (China), Hitachi Hi-Rel Power Electronics Pvt. Ltd (India), and Power electronics (Spain). Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global PV Inverters in Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers
- Investors
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Table of content
Chapter 1. Global PV Inverters Market Definition and Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
Chapter 2. Research Methodology
2.1. Research Process
2.1.1. Data Mining
2.1.2. Analysis
2.1.3. Market Estimation
2.1.4. Validation
2.1.5. Publishing
2.2. Research Assumption
Chapter 3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015–2025 (USD Billion)
3.2. Key Trends
Chapter 4. Global PV Inverters Market Dynamics
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. Porter’s 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
Chapter 5. Global PV Inverters Market, By Application
5.1. Market Snapshot
5.2. Market Performance — Potential Model
5.3. Global PV Inverters Market, Sub Segment Analysis
5.3.1. Residential
5.3.1.1. Market estimates & forecasts, 2015–2025 (USD Billion)
5.3.1.2. Regional breakdown estimates & forecasts, 2015–2025 (USD Billion)
5.3.2. Commercial & Industrial
5.3.2.1. Market estimates & forecasts, 2015–2025 (USD Billion)
5.3.2.2. Regional breakdown estimates & forecasts, 2015–2025 (USD Billion)
5.3.3. Utility Scale
5.3.3.1. Market estimates & forecasts, 2015–2025 (USD Billion)
5.3.3.2. Regional breakdown estimates & forecasts, 2015–2025 (USD Billion)
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