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Global PV Inverter Market Growth 2019-2024

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Table of Contents

    2019-2024 Global PV Inverter Consumption Market Report

      1 Scope of the Report

      • 1.1 Market Introduction
      • 1.2 Research Objectives
      • 1.3 Years Considered
      • 1.4 Market Research Methodology
      • 1.5 Economic Indicators
      • 1.6 Currency Considered

      2 Executive Summary

      • 2.1 World Market Overview
        • 2.1.1 Global PV Inverter Consumption 2014-2024
        • 2.1.2 PV Inverter Consumption CAGR by Region
      • 2.2 PV Inverter Segment by Type
        • 2.2.1 Stand-alone inverters
        • 2.2.2 Grid-tie inverters
        • 2.2.3 Battery backup inverters
      • 2.3 PV Inverter Consumption by Type
        • 2.3.1 Global PV Inverter Consumption Market Share by Type (2014-2019)
        • 2.3.2 Global PV Inverter Revenue and Market Share by Type (2014-2019)
        • 2.3.3 Global PV Inverter Sale Price by Type (2014-2019)
      • 2.4 PV Inverter Segment by Application
        • 2.4.1 Residential
        • 2.4.2 Commercial
        • 2.4.3 Others
      • 2.5 PV Inverter Consumption by Application
        • 2.5.1 Global PV Inverter Consumption Market Share by Application (2014-2019)
        • 2.5.2 Global PV Inverter Value and Market Share by Application (2014-2019)
        • 2.5.3 Global PV Inverter Sale Price by Application (2014-2019)

      3 Global PV Inverter by Players

      • 3.1 Global PV Inverter Sales Market Share by Players
        • 3.1.1 Global PV Inverter Sales by Players (2017-2019)
        • 3.1.2 Global PV Inverter Sales Market Share by Players (2017-2019)
      • 3.2 Global PV Inverter Revenue Market Share by Players
        • 3.2.1 Global PV Inverter Revenue by Players (2017-2019)
        • 3.2.2 Global PV Inverter Revenue Market Share by Players (2017-2019)
      • 3.3 Global PV Inverter Sale Price by Players
      • 3.4 Global PV Inverter Manufacturing Base Distribution, Sales Area, Product Types by Players
        • 3.4.1 Global PV Inverter Manufacturing Base Distribution and Sales Area by Players
        • 3.4.2 Players PV Inverter Products Offered
      • 3.5 Market Concentration Rate Analysis
        • 3.5.1 Competition Landscape Analysis
        • 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
      • 3.6 New Products and Potential Entrants
      • 3.7 Mergers & Acquisitions, Expansion

      4 PV Inverter by Regions

      • 4.1 PV Inverter by Regions
        • 4.1.1 Global PV Inverter Consumption by Regions
        • 4.1.2 Global PV Inverter Value by Regions
      • 4.2 Americas PV Inverter Consumption Growth
      • 4.3 APAC PV Inverter Consumption Growth
      • 4.4 Europe PV Inverter Consumption Growth
      • 4.5 Middle East & Africa PV Inverter Consumption Growth

      5 Americas

      • 5.1 Americas PV Inverter Consumption by Countries
        • 5.1.1 Americas PV Inverter Consumption by Countries (2014-2019)
        • 5.1.2 Americas PV Inverter Value by Countries (2014-2019)
      • 5.2 Americas PV Inverter Consumption by Type
      • 5.3 Americas PV Inverter Consumption by Application
      • 5.4 United States
      • 5.5 Canada
      • 5.6 Mexico
      • 5.7 Key Economic Indicators of Few Americas Countries

      6 APAC

      • 6.1 APAC PV Inverter Consumption by Countries
        • 6.1.1 APAC PV Inverter Consumption by Countries (2014-2019)
        • 6.1.2 APAC PV Inverter Value by Countries (2014-2019)
      • 6.2 APAC PV Inverter Consumption by Type
      • 6.3 APAC PV Inverter Consumption by Application
      • 6.4 China
      • 6.5 Japan
      • 6.6 Korea
      • 6.7 Southeast Asia
      • 6.8 India
      • 6.9 Australia
      • 6.10 Key Economic Indicators of Few APAC Countries

      7 Europe

      • 7.1 Europe PV Inverter by Countries
        • 7.1.1 Europe PV Inverter Consumption by Countries (2014-2019)
        • 7.1.2 Europe PV Inverter Value by Countries (2014-2019)
      • 7.2 Europe PV Inverter Consumption by Type
      • 7.3 Europe PV Inverter Consumption by Application
      • 7.4 Germany
      • 7.5 France
      • 7.6 UK
      • 7.7 Italy
      • 7.8 Russia
      • 7.9 Spain
      • 7.10 Key Economic Indicators of Few Europe Countries

      8 Middle East & Africa

      • 8.1 Middle East & Africa PV Inverter by Countries
        • 8.1.1 Middle East & Africa PV Inverter Consumption by Countries (2014-2019)
        • 8.1.2 Middle East & Africa PV Inverter Value by Countries (2014-2019)
      • 8.2 Middle East & Africa PV Inverter Consumption by Type
      • 8.3 Middle East & Africa PV Inverter Consumption by Application
      • 8.4 Egypt
      • 8.5 South Africa
      • 8.6 Israel
      • 8.7 Turkey
      • 8.8 GCC Countries

      9 Market Drivers, Challenges and Trends

      • 9.1 Market Drivers and Impact
        • 9.1.1 Growing Demand from Key Regions
        • 9.1.2 Growing Demand from Key Applications and Potential Industries
      • 9.2 Market Challenges and Impact
      • 9.3 Market Trends

      10 Marketing, Distributors and Customer

      • 10.1 Sales Channel
        • 10.1.1 Direct Channels
        • 10.1.2 Indirect Channels
      • 10.2 PV Inverter Distributors
      • 10.3 PV Inverter Customer

      11 Global PV Inverter Market Forecast

      • 11.1 Global PV Inverter Consumption Forecast (2019-2024)
      • 11.2 Global PV Inverter Forecast by Regions
        • 11.2.1 Global PV Inverter Forecast by Regions (2019-2024)
        • 11.2.2 Global PV Inverter Value Forecast by Regions (2019-2024)
        • 11.2.3 Americas Consumption Forecast
        • 11.2.4 APAC Consumption Forecast
        • 11.2.5 Europe Consumption Forecast
        • 11.2.6 Middle East & Africa Consumption Forecast
      • 11.3 Americas Forecast by Countries
        • 11.3.1 United States Market Forecast
        • 11.3.2 Canada Market Forecast
        • 11.3.3 Mexico Market Forecast
        • 11.3.4 Brazil Market Forecast
      • 11.4 APAC Forecast by Countries
        • 11.4.1 China Market Forecast
        • 11.4.2 Japan Market Forecast
        • 11.4.3 Korea Market Forecast
        • 11.4.4 Southeast Asia Market Forecast
        • 11.4.5 India Market Forecast
        • 11.4.6 Australia Market Forecast
      • 11.5 Europe Forecast by Countries
        • 11.5.1 Germany Market Forecast
        • 11.5.2 France Market Forecast
        • 11.5.3 UK Market Forecast
        • 11.5.4 Italy Market Forecast
        • 11.5.5 Russia Market Forecast
        • 11.5.6 Spain Market Forecast
      • 11.6 Middle East & Africa Forecast by Countries
        • 11.6.1 Egypt Market Forecast
        • 11.6.2 South Africa Market Forecast
        • 11.6.3 Israel Market Forecast
        • 11.6.4 Turkey Market Forecast
        • 11.6.5 GCC Countries Market Forecast
      • 11.7 Global PV Inverter Forecast by Type
      • 11.8 Global PV Inverter Forecast by Application

      12 Key Players Analysis

      • 12.1 Sungrow Power
        • 12.1.1 Company Details
        • 12.1.2 PV Inverter Product Offered
        • 12.1.3 Sungrow Power PV Inverter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.1.4 Main Business Overview
        • 12.1.5 Sungrow Power News
      • 12.2 Huawei
        • 12.2.1 Company Details
        • 12.2.2 PV Inverter Product Offered
        • 12.2.3 Huawei PV Inverter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.2.4 Main Business Overview
        • 12.2.5 Huawei News
      • 12.3 TBEA
        • 12.3.1 Company Details
        • 12.3.2 PV Inverter Product Offered
        • 12.3.3 TBEA PV Inverter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.3.4 Main Business Overview
        • 12.3.5 TBEA News
      • 12.4 SiNENG
        • 12.4.1 Company Details
        • 12.4.2 PV Inverter Product Offered
        • 12.4.3 SiNENG PV Inverter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.4.4 Main Business Overview
        • 12.4.5 SiNENG News
      • 12.5 KSTAR
        • 12.5.1 Company Details
        • 12.5.2 PV Inverter Product Offered
        • 12.5.3 KSTAR PV Inverter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.5.4 Main Business Overview
        • 12.5.5 KSTAR News
      • 12.6 KELONG
        • 12.6.1 Company Details
        • 12.6.2 PV Inverter Product Offered
        • 12.6.3 KELONG PV Inverter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.6.4 Main Business Overview
        • 12.6.5 KELONG News
      • 12.7 EAST
        • 12.7.1 Company Details
        • 12.7.2 PV Inverter Product Offered
        • 12.7.3 EAST PV Inverter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.7.4 Main Business Overview
        • 12.7.5 EAST News
      • 12.8 Chint Power
        • 12.8.1 Company Details
        • 12.8.2 PV Inverter Product Offered
        • 12.8.3 Chint Power PV Inverter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.8.4 Main Business Overview
        • 12.8.5 Chint Power News
      • 12.9 SSE
        • 12.9.1 Company Details
        • 12.9.2 PV Inverter Product Offered
        • 12.9.3 SSE PV Inverter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.9.4 Main Business Overview
        • 12.9.5 SSE News
      • 12.10 Samil Power
        • 12.10.1 Company Details
        • 12.10.2 PV Inverter Product Offered
        • 12.10.3 Samil Power PV Inverter Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.10.4 Main Business Overview
        • 12.10.5 Samil Power News
      • 12.11 Growatt
      • 12.12 JFY Tech.
      • 12.13 ZTE Quantum
      • 12.14 NEGO
      • 12.15 GoodWe
      • 12.16 SAJ
      • 12.17 GinLong
      • 12.18 Northern Electric (Qingdao)
      • 12.19 APS
      • 12.20 Omnik
      • 12.21 SMA
      • 12.22 ABB
      • 12.23 Omron
      • 12.24 TMEIC
      • 12.25 Tabuchi
      • 12.26 Advanced Energy
      • 12.27 KACO
      • 12.28 Schneider
      • 12.29 Ingeteam
      • 12.30 Fronius
      • 12.31 Siemens
      • 12.32 Satcon
      • 12.33 Enphase
      • 12.34 AROS Solar
      • 12.35 KOSTAL
      • 12.36 STECA
      • 12.37 Green Power
      • 12.38 Helios Systems
      • 12.39 Siliken Electronics
      • 12.40 LTI REENERGY

      13 Research Findings and Conclusion

      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.

      According to this study, over the next five years the PV Inverter market will register a 0.3% CAGR in terms of revenue, the global market size will reach US$ 6310 million by 2024, from US$ 6200 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in PV Inverter business, shared in Chapter 3.

      This report presents a comprehensive overview, market shares, and growth opportunities of PV Inverter market by product type, application, key manufacturers and key regions and countries.

      This study considers the PV Inverter value and volume generated from the sales of the following segments:

      Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
      Stand-alone inverters
      Grid-tie inverters
      Battery backup inverters
      Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
      Residential
      Commercial
      Others

      This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
      Americas
      United States
      Canada
      Mexico
      Brazil
      APAC
      China
      Japan
      Korea
      Southeast Asia
      India
      Australia
      Europe
      Germany
      France
      UK
      Italy
      Russia
      Spain
      Middle East & Africa
      Egypt
      South Africa
      Israel
      Turkey
      GCC Countries

      The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
      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

      In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

      Research objectives
      To study and analyze the global PV Inverter consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
      To understand the structure of PV Inverter market by identifying its various subsegments.
      Focuses on the key global PV Inverter manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
      To analyze the PV Inverter with respect to individual growth trends, future prospects, and their contribution to the total market.
      To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
      To project the consumption of PV Inverter submarkets, with respect to key regions (along with their respective key countries).
      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.

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