Global Photovoltaic Inverter Market Research Report 2019 provides a basic overview of industry including definitions, applications, classifications, technology, demand-supply, consumption, import, export, market drivers, opportunities, revenue, gross margin and global Photovoltaic Inverter industry chain structure.
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Key Companies Analyzed in this Report are:
- ABB
- SMA Solar Technology
- OMRON
- Huawei
- TMEIC
- SUNGROW
Potential of sustainability of taking the world forward towards affordable, reliable, and cleaner sources of electricity is also a significant growth parameter. Such factors have resulted in increased photovoltaic installations and directly affected the demand for PV inverters.
The solar equipment have witnessed growth in all the end-use sectors on a continual basis coupled with the future growth prospects in residential, commercial, and utility-scale sectors. Utility is among the most substantially growing end-use sectors of the solar PV inverter market. The industrial sector currently accounts for around one-third of global energy usage.
Industrial and commercial energy demand has been the most impactful growth prospects, especially in developing and emerging economies. The need to reduce the unprecedented rise in greenhouse gas emissions and usage of fossil fuels for energy generation – both of which are associated with the climate change, has let to rapid installations of solar panels.
The latest innovation in the market is the concept of solar panel integrated with photovoltaic inverter. For instance, companies such as Enphase are making inverters with the ease of an attachment point at the back of the panel. Some of the U.S. inverter specialists have consequently stated partnerships with numerous key panel manufacturers in the past one year with an effort to create module without additional installations.
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Market Segment by Product Type
- Central Inverters
- String Inverters
- Micro-Inverters
Market Segment by Application
- On-Grid
- Off-Grid
- Battery Backup Inverter
In this study, the years considered to estimate the market size of Photovoltaic Inverter are as follows:
- History Year: 2014-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2025
The study objectives are:
- To analyze and research the Photovoltaic Inverter status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
- To present the key Photovoltaic Inverter manufacturers, presenting the sales, revenue, market share, and recent development for key players.
- To split the breakdown data by regions, type, companies and applications
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Major Points Covered in Table of Contents:
1 Report Overview
2 Global Growth Trends
3 Market Share by Manufacturers
4 Market Size by Type
5 Market Size by Application
6 Production by Regions
7 Photovoltaic Inverter Consumption by Regions
8 Company Profiles
9 Market Forecast
11 Opportunities & Challenges, Threat and Affecting Factors
12 Key Findings
13 Appendix