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(EMAILWIRE.COM, December 08, 2018 ) Global PV Inverter Market Insights, Forecast to 2025 Report presents the worldwide PV Inverter Market analysis with in depth study of manufacturers, region, type and application and its future scope in the industry till 2025.
The PV Inverter market was valued at 6.2 Billion US$ in 2017 and is projected to reach 6.26 Billion US$ by 2025, at a CAGR of 0.1% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for PV Inverter.
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Growing popularity of diverse racing competitions is majorly driving the market.
This report presents the worldwide PV Inverter market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porters Five Forces Analysis.
PV Inverter is one power transfer apparatus, which is used to transfer the DC power generated through PV to AC power. For the reverse process of rectification, the apparatus is so called inverter.When solar cells are disposed in sunlight, it produces direct curren. However the supply system in the form of DC power has an extremely limited. For example, fluorescent lamps, televisions, refrigerators, electric fans and so on cannot be used directly with DC power supply, and most electric machinery are as well. In addition, when the power supply needs to increase voltage or lower voltage, it is simply adding a Transformer in AC power system, while lifting technology of voltage in a DC system is much more complex. Therefore, in addition to direct use of communications, weather and other special DC power users, the production of electricity need to be equipped with a PV Inverter in PV systems.
At present, PV Inverter market is occupied by Sungrow Power, Huawei, and Sineng. Foreign companies, such as SMA, ABB and KACO have entered domestic market. However, due to the price and delivery of the service, the market share of is not high for the foreign companies. Statistics show that Sungrow Power PV Inverter companies occupy the major market share, the domestic PV power projects almost all selected domestic product.
As is shown in the Figure, Global PV inverter industry exhibites upward trend overall. Many opptunities exist in the next five years.
The following manufacturers are covered in this report, with sales, revenue, and market share for each company: Sungrow Power, Huawei, TBEA, SiNENG, KSTAR, KELONG, EAST, Chint Power, SSE, Samil Power, Growatt, JFY Tech., ZTE Quantum, NEGO, GoodWe, SAJ, GinLong, Northern Electric (Qingdao), APS, Omnik, SMA, ABB, Omron, TMEIC, Tabuchi, Advanced Energy, KACO, Schneider, Ingeteam, Fronius, Siemens, Satcon, Enphase, AROS Solar, KOSTAL, STECA, Green Power, Helios Systems, Siliken Electronics, LTI REENERGY and others.
o Market size by Product –
Battery backup inverters
o Market size by End User/Applications –
o Market size by Region
Central & South America
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o The study objectives of this report are:
To analyze and research the global PV Inverter capacity, production, value, consumption, status and forecast;
To focus on the key PV Inverter manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents:
1 Study Coverage
1.1 PV Inverter Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
2 Executive Summary
2.1 Global PV Inverter Production
2.2 PV Inverter Growth Rate (CAGR) 2018-2025
2.3 Analysis of Competitive Landscape
2.4 Market Drivers, Trends and Issues
2.5 Macroscopic Indicator
3 Market Size by Manufacturers
3.1 PV Inverter Production by Manufacturers
3.2 PV Inverter Revenue by Manufacturers
3.3 PV Inverter Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
4 PV Inverter Production by Regions
4.1 Global PV Inverter Production by Regions
4.1.1 Global PV Inverter Production Market Share by Regions
4.1.2 Global PV Inverter Revenue Market Share by Regions
5 PV Inverter Consumption by Regions
5.1 Global PV Inverter Consumption by Regions
5.2 North America
5.4 Asia Pacific
5.5 Central & South America
6 Market Size by Type
6.1 Global PV Inverter Breakdown Dada by Type
6.2 Global PV Inverter Revenue by Type
6.3 PV Inverter Price by Type
7 Market Size by Application
7.2 Global PV Inverter Breakdown Dada by Application
8 Manufacturers Profiles
8.1.1 Company Details
8.1.2 Company Description
8.1.3 Capacity, Production and Value of PV Inverter
8.1.4 PV Inverter Product Description
8.1.5 SWOT Analysis
9 Production Forecasts
9.1 PV Inverter Production and Revenue Forecast
9.2 PV Inverter Production and Revenue Forecast by Regions
9.3 PV Inverter Key Producers Forecast
9.4 Forecasts by Type
10 Consumption Forecast
10.1 Consumption Forecast by Application
10.2 PV Inverter Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
10.4 Europe Market Consumption Forecast
10.5 Asia Pacific Market Consumption Forecast
11 Upstream, Industry Chain and Downstream Customers Analysis
11.1 Analysis of PV Inverter Upstream Market
11.2 PV Inverter Industry Chain Analysis
11.3 Marketing & Distribution
11.4 PV Inverter Distributors
11.5 PV Inverter Customers
12 Opportunities & Challenges, Threat and Affecting Factors
12.1 Market Opportunities
12.2 Market Challenges
12.3 Porters Five Forces Analysis
12.4 Affecting Factors
13 Key Findings
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
In this study, the years considered to estimate the market size of PV Inverter are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Photovoltaic (PV) inverter is utilized to transform DC [Direct Current] into AC [Alternating Current] and then feed into network.
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