Global Solar Inverter Market- Industry Analysis and forecast 2019 – 2027: By Technology, Application and Region.

Global Solar Inverter Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at 15.31% through 2020 to 2027, reaching US$ XX Mn. The report has covered region wise market trends with competitive landscape. Global Solar Inverter Market To know about the Research Methodology :- Request Free Sample Report

Global Solar Inverter Market Overview:

The solar inverter is used to convert direct current into alternative current in solar panels, which can be used in different applications. With the increasing occurrence of unconventional energy sources & growing number of technological innovations, the solar power industry is gaining important place in the commercial & residential scale. The reason for a preference for solar over other technologies has been, among other reasons, its abrupt cost reduction curve, which is continuing to decrease. Generation costs for solar power are significantly lower than nuclear & coal plants. The lowest solar power price bid in 2019 was recorded at 1.38 INR per kWh in India. Global Solar Inverter Market 1 In general, prices for solar power are much higher in developing countries than in economies with stable policy conditions & high credit ratings. But with support from international lenders, such as development financing institutions, project risks can be considerably reduced in developing countries. For example, In Egypt, in 2019, a 200 MW solar tender from the Egyptian Electricity Transmission Company received the best offers from international developers at 2.8 US cents per kWh. On other hand government support & increasing concerns over environmental pollution are expected to boost the global solar inverter market during 2020- 2027. The PV inverter & module-level power electronics market crossed the threshold of USD 9 Bn in value for the first time in the year 2019. Inverter shipments also hit a record high in 2018, falling just short of 130 GW, according to a MMR study of the inverter market. In addition to rising global solar installations, two aspects boosted the inverter market to record highs in the year 2019: the rush to locked solar equipment before the step-down of the U.S. Investment Tax Credit from 30 % to 26 % & the rising inverter replacement market in Europe region.

The effect of COVID-19 on the inverter market will be nominal:

The coronavirus pandemic will not have a major effects on the inverter industry. The inverter market's different supply chains assisted to reduce the impact. Several services improved their manufacturing applies to meet Covid-19 safety rules; other services which already use automation were less affected than those which rely more seriously on manual labor. The pricing implications of the pandemic seem to be negligible. Logistical problems with shipping may rise costs somewhat, as will the costs of personal protective equipment & safety protocols which have been introduced in services. Overall, the Covid-19 pandemic is anticipated to reduce inverter shipments in 2021 by 15.65% compared to pre-coronavirus anticipations.

Global Solar Inverter Market Regional Insights

Geographically, the Solar Inverter Market is segmented by Europe, Asia Pacific, North America, Latin America, and Middle East & Africa. Among all the regions Asia Pacific held the dominant market share of XX% in 2019 and is expected to reach US$ Mn by the end of 2027, with a CAGR of XX%. Thanks to the existence of leading countries like China, India, and Japan. Technological advancement, increasing demand for power in the region fueling the market growth during the forecast period. In addition, government initiatives like the India’s national solar mission is also pushing the solar inverter market towards the north. For instance, NABARD is giving 40% subsidy for solar inverter customer. The Latin America region is also expected to deliver large & lucrative opportunities of growth to market players due to a nascent energy infrastructure & industry in many countries of the region including Mexico, Argentina, Chile, and Brazil. On the other hand, Europe is anticipated to see a comparatively slow growth rate for the solar inverter market, due to fall in equipment prices in most areas in the region. Global Solar Inverter Market 2

Global Solar Inverter Market Competitive Landscape

The report covers Central Inverter, String Inverter, and Micro Inverter type with detailed analysis Global Solar Inverter Market industry with the classifications of the market on the Technology, Application & region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players' contribution in it. The report has profiled fifteen key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in five regions. The major country’s policies about manufacturing & Covid 19 impact on demand side are covered in the report.

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Global Solar Inverter Market3

Global Solar Inverter Market, By Region

• North America: o US o Canada • Europe o UK o Germany o France o Spain o Italy o Sweden o CIS countries o Rest of Europe • APAC o China o India o South Korea o Japan o Australia o Rest of APAC o ASEAN  Indonesia  Malaysia  Singapore  Thailand  Vietnam • Middle East & Africa o GCC Countries o South Africa o Rest of MEA • Latin America o Mexico o Brazil o Rest of Latin America

Global Solar Inverter Market Key Players

• Emerson Electric Company. • Schneider Electric Co • Power-one Inc. • SMA Solar Technology AG • CO New Energy • Huawei Technologie • Sungrow Power Supply • SMA Solar Technology • Power Electronic • ABB • Sineng • Goodwe • Solar Edge Technologies • Ingeteam • TBEA Sunoasis
Global Solar Inverter Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Solar Inverter Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Solar Inverter Market Analysis and Forecast 6.1. Global Solar Inverter Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Solar Inverter Market Analysis and Forecast, by Technology 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Solar Inverter Market Value Share Analysis, by Technology 7.4. Global Solar Inverter Market Size (US$ Mn) Forecast, by Technology 7.5. Global Solar Inverter Market Analysis, by Technology 7.6. Global Solar Inverter Market Attractiveness Analysis, by Technology 8. Global Solar Inverter Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Solar Inverter Market Value Share Analysis, by Application 8.4. Global Solar Inverter Market Size (US$ Mn) Forecast, by Application 8.5. Global Solar Inverter Market Analysis, by Application 8.6. Global Solar Inverter Market Attractiveness Analysis, by Application 9. Global Solar Inverter Market Analysis, by Region 9.1. Global Solar Inverter Market Value Share Analysis, by Region 9.2. Global Solar Inverter Market Size (US$ Mn) Forecast, by Region 9.3. Global Solar Inverter Market Attractiveness Analysis, by Region 10. North America Solar Inverter Market Analysis 10.1. Key Findings 10.2. North America Solar Inverter Market Overview 10.3. North America Solar Inverter Market Value Share Analysis, by Technology 10.4. North America Solar Inverter Market Forecast, by Technology 10.5. Central Inverter 10.6. String Inverter 10.7. Micro Inverter 10.8. Others 10.9. North America Solar Inverter Market Forecast, by Application 10.9.1. Utility Scale 10.9.2. Residential Scale 10.9.3. Small Commercial Scale 10.9.4. Large Commercial Scale 10.9.5. Industrial Scale 10.10. North America Solar Inverter Market Value Share Analysis, by Country 10.11. North America Solar Inverter Market Forecast, by Country 10.12. U.S. 10.13. Canada 10.14. North America Solar Inverter Market Analysis, by Country 10.15. U.S. Solar Inverter Market Forecast, by Technology 10.16. Central Inverter 10.17. String Inverter 10.18. Micro Inverter 10.19. Others 10.20. U.S. Solar Inverter Market Forecast, by Application 10.20.1. Utility Scale 10.20.2. Residential Scale 10.20.3. Small Commercial Scale 10.20.4. Large Commercial Scale 10.20.5. Industrial Scale 10.21. Canada Solar Inverter Market Forecast, by Technology 10.22. Central Inverter 10.23. String Inverter 10.24. Micro Inverter 10.25. Others 10.26. Canada Solar Inverter Market Forecast, by Application 10.26.1. Utility Scale 10.26.2. Residential Scale 10.26.3. Small Commercial Scale 10.26.4. Large Commercial Scale 10.26.5. Industrial Scale 10.27. North America Solar Inverter Market Attractiveness Analysis 10.27.1. By Technology 10.27.2. By Application 10.28. PEST Analysis 10.29. Key Trends 10.30. Key Developments 11. Europe Solar Inverter Market Analysis 11.1. Key Findings 11.2. Europe Solar Inverter Market Overview 11.3. Europe Solar Inverter Market Value Share Analysis, by Technology 11.4. Europe Solar Inverter Market Forecast, by Technology 11.4.1. Central Inverter 11.4.2. String Inverter 11.4.3. Micro Inverter 11.4.4. Others 11.5. Europe Solar Inverter Market Forecast, by Application 11.5.1. Utility Scale 11.5.2. Residential Scale 11.5.3. Small Commercial Scale 11.5.4. Large Commercial Scale 11.5.5. Industrial Scale 11.6. Europe Solar Inverter Market Value Share Analysis, by Country 11.7. Europe Solar Inverter Market Forecast, by Country 11.7.1. Germany 11.7.2. U.K. 11.7.3. France 11.7.4. Italy 11.7.5. Spain 11.7.6. Rest of Europe 11.8. Europe Solar Inverter Market Analysis, by Country 11.9. Germany Solar Inverter Market Forecast, by Technology 11.9.1. Central Inverter 11.9.2. String Inverter 11.9.3. Micro Inverter 11.9.4. Others 11.10. Germany Solar Inverter Market Forecast, by Application 11.10.1. Utility Scale 11.10.2. Residential Scale 11.10.3. Small Commercial Scale 11.10.4. Large Commercial Scale 11.10.5. Industrial Scale 11.11. U.K Solar Inverter Market Forecast, by Technology 11.11.1. Central Inverter 11.11.2. String Inverter 11.11.3. Micro Inverter 11.11.4. Others 11.12. U.K Solar Inverter Market Forecast, by Application 11.12.1. Utility Scale 11.12.2. Residential Scale 11.12.3. Small Commercial Scale 11.12.4. Large Commercial Scale 11.12.5. Industrial Scale 11.13. France Solar Inverter Market Forecast, by Technology 11.13.1. Central Inverter 11.13.2. String Inverter 11.13.3. Micro Inverter 11.13.4. Others 11.14. France Solar Inverter Market Forecast, by Application 11.14.1. Utility Scale 11.14.2. Residential Scale 11.14.3. Small Commercial Scale 11.14.4. Large Commercial Scale 11.14.5. Industrial Scale 11.15. Italy Solar Inverter Market Forecast, by Technology 11.15.1. Central Inverter 11.15.2. String Inverter 11.15.3. Micro Inverter 11.15.4. Others 11.16. Italy Solar Inverter Market Forecast, by Application 11.16.1. Utility Scale 11.16.2. Residential Scale 11.16.3. Small Commercial Scale 11.16.4. Large Commercial Scale 11.16.5. Industrial Scale 11.17. Spain Solar Inverter Market Forecast, by Technology 11.17.1. Central Inverter 11.17.2. String Inverter 11.17.3. Micro Inverter 11.17.4. Others 11.18. Spain Solar Inverter Market Forecast, by Application 11.18.1. Utility Scale 11.18.2. Residential Scale 11.18.3. Small Commercial Scale 11.18.4. Large Commercial Scale 11.18.5. Industrial Scale 11.19. Rest of Europe Solar Inverter Market Forecast, by Technology 11.19.1. Central Inverter 11.19.2. String Inverter 11.19.3. Micro Inverter 11.19.4. Others 11.20. Rest of Europe Solar Inverter Market Forecast, by Application 11.20.1. Utility Scale 11.20.2. Residential Scale 11.20.3. Small Commercial Scale 11.20.4. Large Commercial Scale 11.20.5. Industrial Scale 11.21. Europe Solar Inverter Market Attractiveness Analysis 11.21.1. By Technology 11.21.2. By Application 11.22. PEST Analysis 11.23. Key Trends 11.24. Key Developments 12. Asia Pacific Solar Inverter Market Analysis 12.1. Key Findings 12.2. Asia Pacific Solar Inverter Market Overview 12.3. Asia Pacific Solar Inverter Market Value Share Analysis, by Technology 12.4. Asia- Pacific Solar Inverter Market Forecast, by Technology 12.4.1. Central Inverter 12.4.2. String Inverter 12.4.3. Micro Inverter 12.4.4. Others 12.5. Asia-Pacific Solar Inverter Market Forecast, by Application 12.5.1. Utility Scale 12.5.2. Residential Scale 12.5.3. Small Commercial Scale 12.5.4. Large Commercial Scale 12.5.5. Industrial Scale 12.6. Asia Pacific Solar Inverter Market Value Share Analysis, by Country 12.7. Asia Pacific Solar Inverter Market Forecast, by Country 12.7.1. China 12.7.2. India 12.7.3. Japan 12.7.4. ASEAN 12.7.5. Rest of Asia Pacific 12.8. Asia Pacific Solar Inverter Market Analysis, by Country 12.9. China Solar Inverter Market Forecast, by Technology 12.9.1. Central Inverter 12.9.2. String Inverter 12.9.3. Micro Inverter 12.9.4. Others 12.10. China Solar Inverter Market Forecast, by Application 12.10.1. Utility Scale 12.10.2. Residential Scale 12.10.3. Small Commercial Scale 12.10.4. Large Commercial Scale 12.10.5. Industrial Scale 12.11. India Solar Inverter Market Forecast, by Technology 12.11.1. Central Inverter 12.11.2. String Inverter 12.11.3. Micro Inverter 12.11.4. Others 12.12. India Solar Inverter Market Forecast, by Application 12.12.1. Utility Scale 12.12.2. Residential Scale 12.12.3. Small Commercial Scale 12.12.4. Large Commercial Scale 12.12.5. Industrial Scale 12.13. Japan Solar Inverter Market Forecast, by Technology 12.13.1. Central Inverter 12.13.2. String Inverter 12.13.3. Micro Inverter 12.13.4. Others 12.14. Japan Solar Inverter Market Forecast, by Application 12.14.1. Utility Scale 12.14.2. Residential Scale 12.14.3. Small Commercial Scale 12.14.4. Large Commercial Scale 12.14.5. Industrial Scale 12.15. ASEAN Solar Inverter Market Forecast, by Technology 12.15.1. Central Inverter 12.15.2. String Inverter 12.15.3. Micro Inverter 12.15.4. Others 12.16. ASEAN Solar Inverter Market Forecast, by Application 12.16.1. Utility Scale 12.16.2. Residential Scale 12.16.3. Small Commercial Scale 12.16.4. Large Commercial Scale 12.16.5. Industrial Scale 12.17. Rest of Asia-Pacific Solar Inverter Market Forecast, by Technology 12.17.1. Central Inverter 12.17.2. String Inverter 12.17.3. Micro Inverter 12.17.4. Others 12.18. Rest of Asia-Pacific Solar Inverter Market Forecast, by Application 12.18.1. Utility Scale 12.18.2. Residential Scale 12.18.3. Small Commercial Scale 12.18.4. Large Commercial Scale 12.18.5. Industrial Scale 12.19. Asia Pacific Solar Inverter Market Attractiveness Analysis 12.19.1. By Technology 12.19.2. By Application 12.20. PEST Analysis 12.21. Key Trends 12.22. Key Developments 13. Middle East & Africa Solar Inverter Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Solar Inverter Market Overview 13.3. Middle East & Africa Solar Inverter Market Value Share Analysis, by Technology 13.4. Middle East & Africa Solar Inverter Market Forecast, by Technology 13.4.1. Central Inverter 13.4.2. String Inverter 13.4.3. Micro Inverter 13.4.4. Others 13.5. Middle East & Africa Solar Inverter Market Forecast, by Application 13.5.1. Utility Scale 13.5.2. Residential Scale 13.5.3. Small Commercial Scale 13.5.4. Large Commercial Scale 13.5.5. Industrial Scale 13.6. Middle East & Africa Solar Inverter Market Value Share Analysis, by Country 13.7. Middle East & Africa Solar Inverter Market Forecast, by Country 13.7.1. GCC 13.7.2. South Africa 13.7.3. Rest of Middle East & Africa 13.8. Middle East & Africa Solar Inverter Market Analysis, by Country 13.9. GCC Solar Inverter Market Forecast, by Technology 13.9.1. Central Inverter 13.9.2. String Inverter 13.9.3. Micro Inverter 13.9.4. Others 13.10. GCC Solar Inverter Market Forecast, by Application 13.10.1. Utility Scale 13.10.2. Residential Scale 13.10.3. Small Commercial Scale 13.10.4. Large Commercial Scale 13.10.5. Industrial Scale 13.11. South Africa Solar Inverter Market Forecast, by Technology 13.11.1. Central Inverter 13.11.2. String Inverter 13.11.3. Micro Inverter 13.11.4. Others 13.12. South Africa Solar Inverter Market Forecast, by Application 13.12.1. Utility Scale 13.12.2. Residential Scale 13.12.3. Small Commercial Scale 13.12.4. Large Commercial Scale 13.12.5. Industrial Scale 13.13. Rest of Middle East & Africa Solar Inverter Market Forecast, by Technology 13.13.1. Central Inverter 13.13.2. String Inverter 13.13.3. Micro Inverter 13.13.4. Others 13.14. Rest of Middle East & Africa Solar Inverter Market Forecast, by Application 13.14.1. Utility Scale 13.14.2. Residential Scale 13.14.3. Small Commercial Scale 13.14.4. Large Commercial Scale 13.14.5. Industrial Scale 13.15. Middle East & Africa Solar Inverter Market Attractiveness Analysis 13.15.1. By Technology 13.15.2. By Application 13.16. PEST Analysis 13.17. Key Trends 13.18. Key Developments 14. South America Solar Inverter Market Analysis 14.1. Key Findings 14.2. South America Solar Inverter Market Overview 14.3. South America Solar Inverter Market Value Share Analysis, by Technology 14.4. Spain Solar Inverter Market Forecast, by Technology 14.4.1. Central Inverter 14.4.2. String Inverter 14.4.3. Micro Inverter 14.4.4. Others 14.5. Spain Solar Inverter Market Forecast, by Application 14.5.1. Utility Scale 14.5.2. Residential Scale 14.5.3. Small Commercial Scale 14.5.4. Large Commercial Scale 14.5.5. Industrial Scale 14.6. South America Solar Inverter Market Value Share Analysis, by Country 14.7. South America Solar Inverter Market Forecast, by Country 14.7.1. Brazil 14.7.2. Mexico 14.7.3. Rest of South America 14.8. South America Solar Inverter Market Analysis, by Country 14.9. Spain Solar Inverter Market Forecast, by Technology 14.9.1. Central Inverter 14.9.2. String Inverter 14.9.3. Micro Inverter 14.9.4. Others 14.10. Spain Solar Inverter Market Forecast, by Application 14.10.1. Utility Scale 14.10.2. Residential Scale 14.10.3. Small Commercial Scale 14.10.4. Large Commercial Scale 14.10.5. Industrial Scale 14.11. Spain Solar Inverter Market Forecast, by Technology 14.11.1. Central Inverter 14.11.2. String Inverter 14.11.3. Micro Inverter 14.11.4. Others 14.12. Spain Solar Inverter Market Forecast, by Application 14.12.1. Utility Scale 14.12.2. Residential Scale 14.12.3. Small Commercial Scale 14.12.4. Large Commercial Scale 14.12.5. Industrial Scale 14.13. Spain Solar Inverter Market Forecast, by Technology 14.13.1. Central Inverter 14.13.2. String Inverter 14.13.3. Micro Inverter 14.13.4. Others 14.14. Spain Solar Inverter Market Forecast, by Application 14.14.1. Utility Scale 14.14.2. Residential Scale 14.14.3. Small Commercial Scale 14.14.4. Large Commercial Scale 14.14.5. Industrial Scale 14.15. South America Solar Inverter Market Attractiveness Analysis 14.15.1. By Technology 14.15.2. By Application 14.16. PEST Analysis 14.17. Key Trends 14.18. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Emerson Electric Company 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Company Footprint 15.3.2. Schneider Electric Co 15.3.3. Power-one Inc. 15.3.4. SMA Solar Technology AG 15.3.5. CO New Energy 15.3.6. Huawei Technologie 15.3.7. Sungrow Power Supply 15.3.8. SMA Solar Technology 15.3.9. Power Electronic 15.3.10. ABB 15.3.11. Sineng 15.3.12. Goodwe 15.3.13. Solar Edge Technologies 15.3.14. Ingeteam 15.3.15. TBEA SunoasisUbeam 16. Primary Key Insights

About This Report

Report ID 82311
Category Energy & Power
Published Date February 2021
Updated Date
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