Report Detail
Global PV Inverter Market Growth 2019-2024
- RnM2881435 |
- 05 February, 2019 |
- Global |
- 182 Pages |
- LPI(LP Information) |
- Energy & Power
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.
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
Summary:
Get latest Market Research Reports on PV Inverter . Industry analysis & Market Report on PV Inverter is a syndicated market report, published as Global PV Inverter Market Growth 2019-2024. It is complete Research Study and Industry Analysis of PV Inverter market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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