Las Vegas, NV -- (ReleaseWire) -- 09/04/2018 --China is the leading in solar energy production and seen as the most desirable market for Photovoltaic Inverters. China is producing an estimated 130GW of solar energy. The US is second largest Photovoltaic Inverter market is estimated to grow in coming few years. The regulatory measures by US government and the positive outlook of people toward using renewable resources is the reason behind the overall industrial growth. In US there are about 6000 major and minor running solar projects generating about 85GW power. After China and US, countries like Japan, India and Europe are leading the table.
Market Trend and key Players 2018:
Elettronica Santerno, Enphase Energy, SMA Solar Technology, Enphase Energy, Emerson Electric, Schneider Electric, Tabuchi Electric Co., Ltd., TMEIC, Panasonic, The Furukawa Battery Co., Ltd., Sungrow Power Supply Co., Ltd., Growatt New Energy Technology, Shenzhen KSTAR, REFU Elektronik GmbH, Samil Power, SatCon, Sineng, Solar Edge, Delta Group, SolarMax, TBEA, Chint Group, Fronious International, Omron, KACO New Energy, Huawei, ABB, General Electric.
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Industry Highlights:
The Photovoltaic Inverter Industry was $ 3.41 billion in 2014, and is expected to reach $11.06 billion by 2023, registering a CAGR of 14.12% during the forecast period. Photovoltaic Inverter is an electrical device which converts Direct Current (DC) form a photovoltaic solar panel into Alternating Current (AC) that can be used by commercial electrical grid or local electrical grid. Photovoltaic Inverters play a vital role in any solar energy system and are treated as intellect to that system. Companies have successfully done the modification in Photovoltaic Inverters for manufacturing purpose and are setup to start manufacturing units seeing the demand for solar energy. In year 2017, countries like China, America and Japan together hold 65% of the total market of Photovoltaic Inverters.
Industry Segmentation:
Photovoltaic Inverter Market, By Power Class: Single Phase Inverter, Three Phase Inverter
Photovoltaic Inverter Market, By Nominal Output Power : < 300 W Photovoltaic Inverter, > 110,000 W Photovoltaic Inverter
Photovoltaic Inverter Market, By Nominal Output Voltage: < 230 V Photovoltaic Inverter, > 600 V Photovoltaic Inverter
Photovoltaic Inverter Market, By Nominal Connectivity: On grid Photovoltaic Inverter, Standalone Photovoltaic Inverter.
Photovoltaic Inverter Market, By Product: Micro Photovoltaic Inverter, String Photovoltaic Inverter, Central Photovoltaic Inverter.
Photovoltaic Inverter Market, By Applications: Residential Photovoltaic Inverter, Commercial Photovoltaic Inverter, Industrial Photovoltaic Inverter, Utility Photovoltaic Inverter.
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Photovoltaic Inverter Industry - By Region:
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Rest of the World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
What Our Report Offer:
1) An extensive research study on the Global Photovoltaic Inverter Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Photovoltaic Inverter Market.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
Major Toc of Photovoltaic Inverter Industry:
4.Market Analysis by Regions
4.1.North America (United States, Canada and Mexico)
4.1.1.United States Market States and Outlook (2014-2023)
4.1.2.Canada Market States and Outlook (2014-2023)
4.1.3.Mexico Market States and Outlook (2014-2023)
4.2.Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1.Germany Market States and Outlook (2014-2023)
…
5. Photovoltaic Inverter Market, By Power Class
5.1.Introduction
5.2.Global Photovoltaic Inverter Revenue and Market Share by Power Class (2014-2018)
5.2.1.Global Photovoltaic Inverter Revenue and Revenue Share by Power Class (2014-2018)
5.3.Single Phase Inverter
5.3.1.Global Single Phase Inverter Revenue and Growth Rate (2014-2018)
5.4.Three Phase Inverter
5.4.1.Global Three Phase Inverter Revenue and Growth Rate (2014-2018)
…
6. Photovoltaic Inverter Market, By Nominal Output Power
6.1.Introduction
6.2.Global Photovoltaic Inverter Revenue and Market Share by Nominal Output Power (2014-2018)
6.2.1.Global Photovoltaic Inverter Revenue and Revenue Share by Nominal Output Power (2014-2018)
6.3. ? 300 W Photovoltaic Inverter
6.3.1. Global ? 300 W Photovoltaic Inverter Revenue and Growth Rate (2014-2018)
6.4.> 110,000 W Photovoltaic Inverter
6.4.1.Global > 110,000 W Photovoltaic Inverter Revenue and Growth Rate (2014-2018)
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7. Photovoltaic Inverter Market, By Nominal Output Voltage
7.1.Introduction
7.2.Global Photovoltaic Inverter Revenue and Market Share by Nominal Output Voltage (2014-2018)
7.2.1.Global Photovoltaic Inverter Revenue and Revenue Share by Nominal Output Voltage (2014-2018)
7.3.? 230 V Photovoltaic Inverter
7.3.1.Global ? 230 V Photovoltaic Inverter Revenue and Growth Rate (2014-2018)
7.4.> 600 V Photovoltaic Inverter
7.4.1.Global > 600 V Photovoltaic Inverter Revenue and Growth Rate (2014-2018)
…
8. Photovoltaic Inverter Market, By Connectivity
8.1.Introduction
8.2.Global Photovoltaic Inverter Revenue and Market Share by Connectivity (2014-2018)
8.2.1. Global Photovoltaic Inverter Revenue and Revenue Share by Connectivity (2014-2018)
8.3.On grid Photovoltaic Inverter
8.3.1. Global On grid Photovoltaic Inverter Revenue and Growth Rate (2014-2018)
8.4.Standalone Photovoltaic Inverter
8.4.1. Global Standalone Photovoltaic Inverter Revenue and Growth Rate (2014-2018)
…
9. Photovoltaic Inverter Market, By Product
9.1.Introduction
9.2.Global Photovoltaic Inverter Revenue and Market Share by Product (2014-2018)
9.2.1.Global Photovoltaic Inverter Revenue and Revenue Share by Product (2014-2018)
9.3.Micro Photovoltaic Inverter
9.3.1.Global Micro Photovoltaic Inverter Revenue and Growth Rate (2014-2018)
9.4.String Photovoltaic Inverter
9.4.1.Global String Photovoltaic Inverter Revenue and Growth Rate (2014-2018)
9.5.Central Photovoltaic Inverter
9.5.1.Global Central Photovoltaic Inverter Revenue and Growth Rate (2014-2018)
…
10. Photovoltaic Inverter Market, By Application
10.1. Introduction
10.2. Global Photovoltaic Inverter Revenue and Market Share by Application (2014-2018)
10.2.1.Global Photovoltaic Inverter Revenue and Revenue Share by Application (2014-2018)
10.3. Residential Photovoltaic Inverter
10.3.1.Global Residential Photovoltaic Inverter Revenue and Growth Rate (2014-2018)
Continue…
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