Global PV Inverters Market - Market Size, Share & Industry Trends, Growth Analysis Report By Product Type, By Consumption and Forecast 2019 - 2025

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PV Inverters Market was valued at USD X.X Billion in 2018 and is projected to reach USD X.X billion by 2025, at a CAGR of X.X % from 2019-2025. The demand for solar Photovoltaics (PV) inverters is primarily driven by increased demand for solar energy and renewable power generation. This takes into account the growth of all the PV equipment during installations including solar inverters, which is used for energy conversion to electricity. Such factors have resulted in increased photovoltaic installations and directly affected the demand for PV inverters. 

Geographical Overview

At a global level, North America region was holding the highest market share in 2018. Whereas, Asia Pacific region is considered as the fastest growing region with key players adopting expansion strategy in this region to gain maximum market share in the coming years. China and India are offering ample opportunities for the growth of PV Inverters Market with its high population base.

Segmental Overview
PV Inverters Market is segmented as per below specifications -  

By Product Type: 
• Central
• String
• Micro
• Other

 By Consumption: 
• Residential
• Commercial & Industrial
• Utilities

 By Distribution Channel: 
• Type A
• Type B

Competitor Analysis
PV Inverters Market has presence of some of the key major players across globe which includes
• Siemens AG 
• ABB 
• KACO Omron Corporation 
• Hitachi H-Rel Power Electronics Pvt. Ltd 
• SunPower Corporation 
• Eaton
• Power-One
• Tigo Energy
• Enphase Energy. 
These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.  
By Geographical Locations: 
• North America
o U.S.
o Canada
• Europe
o U.K.
o France
o Italy
o Germany
o Spain
o Russia & CIS
o Rest of Europe
• Asia-Pacific
o China 
o India
o Japan
o South Korea
o Rest of Asia Pacific 
• Latin America
o Brazil
o Argentina
o Rest of LATAM
• Middle East & Africa
o South Africa
o Rest of MEA

Highlights of the report
What is PV Inverters Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation 
Market size projection based on Historical & current market trends 
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations