Industries > Energy > Inverter Market Report to 2031

Inverter Market Report to 2031

Forecasts by Type (Solar Inverter and Non-solar Inverter), Power Rating (Below 10 kW, 10–50 kW, 50–100 kW, and Above 100 kW), Output Voltage (Less than 300 V, 300–500 V, and Above 500 V), Sales Channel (Offline and Online), End User (Residential, Commercial, and Industrial), by Region, Country, and Profiles of Leading Companies

PAGES: 345
PRODUCT CODE: ENE0486
SUBMARKET: Electric Power

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The global inverter market research report estimated a revenue generation of $XX bn in 2020 and is anticipated to grow at a CAGR of almost XX% during the forecast period, i.e., from 2021 to 2031. The report showcased the growth opportunities across the various section.

Inverters are available with a diversified power rating in the global market. Moreover, a power rating below 10 kW is appropriate for adoption in the residential and commercial applications. Residential inverters are mostly used worldwide, which offer feed-in tariffs and net metering benefits. Facilities of solar inverter systems in the residential, commercial, and industrial sectors have been increasing significantly globally, and this trend is anticipated to continue to grow over the forecast period.

Considering the current market scenario, the market’s growth is driven by a massive inflow of investments in the renewable energy sector and a rise in the number of residential solar rooftop installations. Indirect sales channels or third parties hold a significant share of the inverter market. These channels are adopted by inverter manufacturers to provide their inverter solutions to different end-users. Most of the companies in the inverters market have well-established sales networks and deliver their products globally. Solar-type inverters are mainly adopted by residential and commercial end-users, as well as by PV plants. These inverters require their integration with the solar panels and, thus, need system integrators to install and maintain them.

Based on the end user, the global inverter market has been segmented into residential, commercial, and industrial. Moreover, the software segment will be expected to account for the market’s highest revenue market share by the end of the forecast period. The segment’s growth is primarily due to the rapid increase in the demand for advanced technological solutions such as Industry 4.0, industrial internet of things (IIoT), and industrial automation.

What are the global inverter market prospects?
The definitive new report assesses that the inverter market will reach $ XX Bn in 2020. The performance of the industry is forecast to accelerate, with an anticipated CAGR of XX% for the next ten-year period 2021-2031, which is expected to drive the industry to a value of $ XX bn by the end of 2031.

The report timely XX pages report reveals how best to compete in this lucrative market space and maximize your company’s potential.

Read on to discover how this report can help you develop your business.

This report addresses pertinent issues:
• Where are the most lucrative market prospects?
• Who are the leading companies and what does the competitive landscape look like?
• What are the regional, technical, and regulatory barriers to market entry?
• What are the technological issues, and roadmap driving the market?
• Why is the market prospering, and how can you fully exploit this?
• When will the market fully mature, and why?

Research and analysis highlights
• Independent, impartial and objective analysis
• 145 tables and 305 graphs illustrating the global inverter market prospects
• Global inverter market forecast and analysis 2021-2031
• Inverter submarket forecasts by type covering the period 2021-2031
• Inverter submarket forecasts by solar inverter from 2021-2031
• Inverter submarket forecasts by non-solar inverter from 2021-2031
• Inverter submarket forecasts by power rating covering the period 2021-2031
• Inverter submarket forecasts by below 10 kW from 2021-2031
• Inverter submarket forecasts by 10–50 kW from 2021-2031
• Inverter submarket forecasts by 50–100 kW from 2021-2031
• Inverter submarket forecasts by above 100 kW from 2021-2031
• Inverter submarket forecasts by output voltage covering the period 2021-2031
• Inverter submarket forecasts by Less than 300 V from 2021-2031
• Inverter submarket forecasts by 300–500 V from 2021-2031
• Inverter submarket forecasts by Above 500 V from 2021-2031
• Inverter submarket forecasts by sales channel covering the period 2021-2031
• Inverter submarket forecasts by offline from 2021-2031
• Inverter submarket forecasts by online from 2021-2031
• Inverter submarket forecasts by end user covering the period 2021-2031
• Inverter submarket forecasts by residential from 2021-2031
• Inverter submarket forecasts by commercial from 2021-2031
• Inverter submarket forecasts by industrial from 2021-2031
• 24 leading national inverter market forecasts from 2021-2031
• Profiles of 15 leading companies, involved with inverter with key financial metrics
• Porter’s Five Forces analysis

And there’s more.

How this report will benefit you
• You have almost certainly an excess of conflicting and yet unclear information – you want one definitive report to base your business decisions upon – this report provides that clarity
• Our insightful report speaks to your needs for definitive market data, objective impartial analysis and immediate clear conclusions – to allow you to formulate clear decisive business strategies
• You need the information now in an easily digestible form – this is where this report excels
• Forecasts give you a crucial advantage. That knowledge of the future is central to your strategic decision making.
• Knowledge is vital to you and your business. You need every piece of evidence to inform your crucial investment decisions – let the company give you that clear advantage
• Without this vital report, you will fall behind your competitors

Who should read this report?
• Anyone within the value chain.
• Contractors
• Suppliers
• Technologists
• Government agencies
• Banks
• Business development managers
• Marketing managers
• Investors
• Consultancies

To access the data contained in this document please email contactus@visiongain.com

Buy our report today Inverter Market Report to 2031: Forecasts by Type (Solar Inverter and Non-solar Inverter), Power Rating (Below 10 kW, 10–50 kW, 50–100 kW, and Above 100 kW), Output Voltage (Less than 300 V, 300–500 V, and Above 500 V), Sales Channel (Offline and Online), End User (Residential, Commercial, and Industrial), by Region, Country, and Profiles of Leading Companies. Avoid missing out by staying informed – order our report now.

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