Global PV Inverters Market Report By Product (Central, String, Micro, And Other), End-Use (Residential, Commercial & Industrial, And Utilities) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2018-2025
ID:VMR11210705
April 2019
Report Formats:
As per this study the Global PV Inverters Market was valued USD XX.X MN (by revenue) in 2018 and is anticipated to reach USD XX.X MN by 2025 with a CAGR of X.X%.
Photovoltaic inverters also known as solar inverters are basically renewable energy systems that convert DC power from the solar panel into AC power which can be directly used in home appliances. Photovoltaic inverters can be categorized under central, string, micro, hybrid and battery inverters. Micro and string PV inverters are commonly used inverters that comes in single and three phase versions. Single phase inverter can be used for residential purposes whereas three-phase inverters are used in industries and other utilities.
Market Dynamics
The increasing demand for renewable energy systems such as PV inverters because of high power consumption is propelling the market of PV inverters. Moreover, reduction in renewable power generation costs is further boosting the market growth. On the other hand, use of substitute such as hydropower energy system, because of the high efficiency of electricity generation, restrain the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of PV inverters.
Market Segmentation
The broad PV inverters market has been sub-grouped into product and end-use. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Product
- Central
- String
- Micro
- Other
By End-Use
- Residential
- Commercial & Industrial
- Utilities
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for PV inverters in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe PV inverters Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the PV inverters market include ABB, Delta Electronics, Inc., Eaton, Emerson Electric Co, Hitachi Hi-Rel Power Electronics Pvt. Ltd., Omron Corporation, Power Electronics, Siemens AG, SMA Solar Technolgy AG, SunPower Corporation. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
METHODOLOGY:
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.
1. INTRODUCTION
- Introduction To PV Inverters
- Report Description
- Objectives Of The Study
- Assumptions
- Research Scope
- Research Methodology
- Data Source
2. EXECUTIVE SUMMARY
- Market Highlight
- Global PV Inverters Market: Snapshot
3. MARKET ANALYSIS
- Drivers
- Restraints
- Opportunities
- Porter’s Five Forces Analysis
- Value Chain Analysis
4. PV INVERTERS MARKET ANALYSIS BY PRODUCT
- PV Inverters Market In Central
- PV Inverters Market In String
- PV Inverters Market In Micro
- PV Inverters Market In Other
5. PV INVERTERS MARKET ANALYSIS BY END-USE
- PV Inverters Market In Residential
- PV Inverters market In Commercial & Industrial
- PV Inverters market In Utilities
6. PV INVERTERS MARKET ANALYSIS BY GEOGRAPHY
- North America (NA)
- North America Market Estimates
- North America Market Estimates By Country
- United States (U.S.) Market Estimates By Segments
- Rest Of North America Market Estimates By Segments
- Europe (EU)
- Europe Market Estimates
- Europe Market Estimates By Country
- United Kingdom (UK) Market Estimates By Segments
- Germany Market Estimates By Segments
- France Market Estimates By Segments
- Rest Of Europe Market Estimates By Segments
- Asia Pacific (APAC)
- Asia Pacific Market Estimates
- Asia Pacific Market Estimates By Country
- China Market Estimates By Segments
- Japan Market Estimates By Segments
- India Market Estimates By Segments
- Rest Of Asia Pacific Market Estimates By Segments
- Latin America (LA)
- Latin America Market Estimates
- Latin America Market Estimates By Country
- Brazil Market Estimates By Segments
- Rest Of Latin America Market Estimates By Segments
- Middle East And Africa (MEA)
- Middle East And Africa Market Estimates
- Middle East And Africa Market Estimates By Country
- Middle East Market Estimates By Segments
- Africa Market Estimates By Segments
7. COMPETITIVE LANDSCAPE OF THE PV INVERTERS COMPANIES
- Market Competition
- Partnerships/Collaborations/Agreements
- Mergers And Acquisitions
- New Product Launches
- Other Developments
8. COMPANY PROFILES OF THE PV INVERTERS INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
- ABB
- Delta Electronics, Inc.
- Eaton
- Emerson Electric Co
- Hitachi Hi-Rel Power Electronics Pvt. Ltd.
- Omron Corporation
- Power Electronics
- Siemens AG
- SMA Solar Technolgy AG
- SunPower Corporation
* Tentative TOC
LIST OF TABLES
Table 1. Market Highlights Of PV Inverters
Table 2. Global PV Inverters Market By Product
Table 3. Global PV Inverters Market By End-Use
Table 4. Global PV Inverters Market By Geography
Table 5. North America PV Inverters Market
Table 6. Europe PV Inverters Market
Table 7. Asia Pacific PV Inverters Market
Table 8. Latin America PV Inverters Market
Table 9. Middle East And Africa PV Inverters Market
Table 10. Partnership/Collaboration/Agreements
Table 11. Mergers And Acquisitions
Table 12. New Product Development
Table 13. Other Developments
LIST OF FIGURES
Fig. 1. Market Segmentation Of PV Inverters Market
Fig. 2. Top-Down Approach
Fig. 3. Bottom-Up Approach
Fig. 4. Market Highlights Of PV Inverters
Fig. 5. Porter’s Five Forces Analysis
Fig. 6. Value Chain Analysis
Fig. 7. Global PV Inverters Market By Product
Fig. 8. Global PV Inverters Market By End-Use
Fig. 9. Global PV Inverters Market By Geography
Fig. 10. North America PV Inverters Market
Fig. 11. Europe PV Inverters Market
Fig. 12. Asia Pacific PV Inverters Market
Fig. 13. Latin America PV Inverters Market
Fig. 14. Middle East And Africa PV Inverters Market
Fig. 15. Market Share Of PV Inverters Companies
Fig. 16. Recent Developments In PV Inverters Industry
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
Objectives of Study
- Define and measure the global market
- Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments
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