Industries > Energy > Global PV Inverters Market Report 2019-2029

Global PV Inverters Market Report 2019-2029

Analysis by Product (Central, String and Micro), by Voltage ( 1,500 V), by Deployment Type (On-Grid and Off-grid), by End User (Residential, Commercial, Industrial and Utilities), Company and Country Analysis and Forecasts

PAGES: 157
PRODUCT CODE: ENE0246
SUBMARKET: Electric Power

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Market Definition:
• PV Inverter is a type of an electrical converter which converts DC (Direct Current) output of a PV panel into AC (Alternating Current) which can be fed to power grids and local household devices.
• In such systems, power is saved in a battery from PV cells and gets converted into appliance-friendly AC.

Market Overview and Trends
• In June 2017, Total acquired Saft, Total aimed at becoming a pioneer in the renewable energy sector. The acquisition of Saft is part of Total’s ambition to increase its development in the fields of renewable energy and electricity.
• In October 2018, SolarEdge entered into agreements to acquire Kokam, a Provider of Li-ion Cells, Batteries, and Energy Storage Solutions.

Market Dynamics:

Factors Influencing the Market Growth:
• Increasing demand for renewable energy due to high power consumption
• Reduction in renewable power generation cost

Factors Restraining the Market Growth:
• Continuous pressure on equipment suppliers due to anti-dumping tariffs

Market Segmentation 2019-2029:

Product
• Central PV Inverter Market, 2019-2029
• String PV Inverter Market, 2019-2029
• Micro PV Inverter Market, 2019-2029

Voltage
• < 1,000 V Market, 2019-2029
• 1,000 – 1,499 V Market, 2019-2029
• > 1,500 V Market, 2019-2029

Deployment Type
• On-Grid Market, 2019-2029
• Off-Grid Market, 2019-2029

End User
• Residential Market, 2019-2029
• Commercial Market, 2019-2029
• Industrial Market, 2019-2029
• Utilities Market, 2019-2029

Geographic Breakdown
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Latin America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• Middle East and Africa Market, 2019-2029

Competitive Analysis:
• Companies are actively engaged in different developmental strategies such as product development and product launch in order to improve and increase their foothold in the global PV Inverters market.

Major Market Players:
• Key company profiles such as ABB, SMA Solar Technolgy AG, SunPower Corporation, Delta Electronics, Inc, Siemens AG, Omron Corporation, Eaton, Emerson Electric Co, Power Electronics and Hitachi Hi-Rel Power Electronics Pvt. Ltd are also provided in the report.

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CCR Ref number: KD4R6

Do you have any custom requirements we can help you with? Any need for specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: sara.peerun@visiongain.com

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