Introduction
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 ASEAN
o Rest of Asia Pacific
• Latin America
o Brazil
o Argentina
o Rest of LATAM
• Middle East & Africa
o UAE
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
Chapter 1 Research Objective
1.1 Need of the Research Report
1.2 Client Objectives
1.3 Offered Solutions
Chapter 2 Recommendations
2.1 Executive Summary
2.1.1 Market Overview
2.1.2 Competitive Insights
2.1.3 Segmental Analysis
2.1.4 Geographical Market Details
2.2 Lead Generation
2.3 Consultant
2.4 Return on Investment
Chapter 3 Research Methodology
3.1 Chromatus Database
3.2 Paid Sources
3.3 Primary Data Collection
3.3.1 Email Surveys
3.3.2 Telephonic Interviews
3.3.3 Face to Face Interviews
3.4 Secondary Data Collection
3.4.1 Annual Reports
3.4.2 Government Publications
3.4.3 Trade Data
3.4.4 Association Data
3.4.5 Research Papers/ Blogs/ News Articles
3.5 Expert Advisory Panel
3.6 Data Analytics Model
Chapter 4 PV Inverters Market Overview
4.1 Parent Market Overview
4.2 Patent Analysis
4.3 PESTEL Analysis
4.3.1 Political
4.3.2 Economical
4.3.3 Social
4.3.4 Technological
4.3.5 Legal
4.4 SWOT Analysis
4.4.1 Strengths
4.4.2 Weakness
4.4.3 Opportunities
4.4.4 Threats
4.5 Regulations
4.6 Value Chain/ Supply Chain Analysis
4.7 Procurement & Vendor Analysis
4.8 Porters Five Analysis
4.8.1 Threat of new entrants
4.8.2 Bargaining power of suppliers
4.8.3 Bargaining power of buyers
4.8.4 Threat of substitutes
4.8.5 Competitive rivalry
Chapter 5 Regional Analysis Global PV Inverters Market Estimation and Forecast, 2017 - 2025 (USD Billion)
5.1 North America Market
5.1.1 U.S.
5.1.1 Canada
5.2 Europe Market
5.2.1 UK
5.2.2 Germany
5.2.3 France
5.2.4 Spain
5.2.5 Italy
5.2.6 Russia & CIS
5.2.7 Rest of Europe
5.3 Asia Pacific Market
5.3.1 China
5.3.2 Japan
5.3.3 India
5.3.4 South Korea
5.3.5 ASEAN
5.3.6 Rest of Asia Pacific
5.4 Rest of the World
5.4.1 Latin America
5.4.1.1 Brazil
5.4.1.2 Argentina
5.4.1.3 Rest of Latin America
5.4.2 Middle East
5.4.3 Africa
Chapter 6 Company Profile
6.1 Siemens AG
6.1.1 Introduction
6.1.2 Financial Overview
6.1.3 Product Portfolio
6.1.4 Recent Developments
6.1.5 SWOT Analysis
6.2 ABB
6.3 KACO Omron Corporation
6.4 Hitachi H-Rel Power Electronics Pvt. Ltd
6.5 SunPower Corporation
6.6 Eaton
6.7 Power-One
6.8 Tigo Energy
6.9 Enphase Energy.
Chapter 7 Competitor Analysis
7.1 Company Ranking
7.2 Key Innovators
7.3 Market Leader
7.4 Emerging Players
7.5 Strategic Alliances
7.6 Competitive Matrix of 12 Companies
Chapter 8 Global PV Inverters Market by Product Type Estimation and Forecast, 2017 - 2025 (USD Billion)
8.1 Central
8.2 String
8.3 Micro
8.4 Other
Chapter 9 Global PV Inverters Market by Consumption Type Estimation and Forecast, 2017 - 2025 (USD Billion)
9.1 Residential
9.2 Commercial & Industrial
9.3 Utilities
Chapter 10 Global PV Inverters Market by Distribution Channel Estimation and Forecast, 2017 - 2025 (USD Billion)
10.1 Type A
10.2 Type B
Chapter 11 Appendix
11.1 Data Sources
11.2 Abbreviations
11.3 About US
11.4 Disclaimer
11.5 Key Notes
List of Tables
Table 1 Global PV Inverters Market, by Region, 2017 - 2025 (USD Billion)
Table 2 Global PV Inverters Market, by Product Type, 2017 - 2025 (USD Billion)
Table 3 Global PV Inverters Market, by Consumption Type, 2017 - 2025 (USD Billion)
Table 4 Global PV Inverters Market, by Distribution Type, 2017 - 2025 (USD Billion)
Table 5 North America PV Inverters Market 2017 - 2025 (USD Billion)
Table 6 North America PV Inverters Market by Product Type 2017 - 2025 (USD Billion)
Table 7 North America PV Inverters Market by Consumption Type 2017 - 2025 (USD Billion)
Table 8 North America PV Inverters Market by Distribution Type 2017 - 2025 (USD Billion)
Table 9 US PV Inverters Market 2017 - 2025 (USD Billion)
Table 10 Canada PV Inverters Market 2017 - 2025 (USD Billion)
Table 11 Europe PV Inverters Market 2017 - 2025 (USD Billion)
Table 12 Europe PV Inverters Market by Product Type 2017 - 2025 (USD Billion)
Table 13 Europe PV Inverters Market by Consumption Type 2017 - 2025 (USD Billion)
Table 14 Europe PV Inverters Market by Distribution Type 2017 - 2025 (USD Billion)
Table 15 UK PV Inverters Market 2017 - 2025 (USD Billion)
Table 16 Germany PV Inverters Market 2017 - 2025 (USD Billion)
Table 17 France PV Inverters Market 2017 - 2025 (USD Billion)
Table 18 Spain PV Inverters Market 2017 - 2025 (USD Billion)
Table 19 Italy PV Inverters Market 2017 - 2025 (USD Billion)
Table 20 Russia & CIS PV Inverters Market 2017 - 2025 (USD Billion)
Table 21 Rest of Europe PV Inverters Market 2017 - 2025 (USD Billion)
Table 22 Asia Pacific PV Inverters Market 2017 - 2025 (USD Billion)
Table 23 Asia Pacific PV Inverters Market by Product Type 2017 - 2025 (USD Billion)
Table 24 Asia Pacific PV Inverters Market by Consumption Type 2017 - 2025 (USD Billion)
Table 25 Asia Pacific PV Inverters Market by Distribution Type 2017 - 2025 (USD Billion)
Table 26 China PV Inverters Market 2017 - 2025 (USD Billion)
Table 27 Japan PV Inverters Market 2017 - 2025 (USD Billion)
Table 28 India PV Inverters Market 2017 - 2025 (USD Billion)
Table 29 South Korea PV Inverters Market 2017 - 2025 (USD Billion)
Table 30 ASEAN PV Inverters Market 2017 - 2025 (USD Billion)
Table 31 Rest of Asia Pacific PV Inverters Market 2017 - 2025 (USD Billion)
Table 32 Latin America PV Inverters Market 2017 - 2025 (USD Billion)
Table 33 Latin America PV Inverters Market by Product Type 2017 - 2025 (USD Billion)
Table 34 Latin America PV Inverters Market by Consumption Type 2017 - 2025 (USD Billion)
Table 35 Latin America PV Inverters Market by Distribution Type 2017 - 2025 (USD Billion)
Table 36 Brazil PV Inverters Market 2017 - 2025 (USD Billion)
Table 37 Argentina PV Inverters Market 2017 - 2025 (USD Billion)
Table 38 Rest of Latin America PV Inverters Market 2017 - 2025 (USD Billion)
Table 39 Middle East PV Inverters Market 2017 - 2025 (USD Billion)
Table 40 Middle East PV Inverters Market by Product Type 2017 - 2025 (USD Billion)
Table 41 Middle East PV Inverters Market by Consumption Type 2017 - 2025 (USD Billion)
Table 42 Middle East PV Inverters Market by Distribution Type 2017 - 2025 (USD Billion)
Table 43 Africa PV Inverters Market 2017 - 2025 (USD Billion)
Table 44 Africa PV Inverters Market by Product Type 2017 - 2025 (USD Billion)
Table 45 Africa PV Inverters Market by Consumption Type 2017 - 2025 (USD Billion)
Table 46 Africa PV Inverters Market by Distribution Type 2017 - 2025 (USD Billion)
List of Figures
Fig. 1 Primary Research Method
Fig. 2 Secondary Research Method
Fig. 3 Value chain analysis
Fig. 4 PESTEL Analysis
Fig. 5 SWOT Analysis
Fig. 6 Porters Five forces analysis
Fig. 7 PV Inverters Market: Penetration & growth prospect mapping
Fig. 8 PV Inverters Market: Competitive snapshot
Fig. 9 PV Inverters Market: Segmental snapshot
Fig. 10 Market Overview
Fig. 11 PV Inverters Market: Product Analysis, 2017 - 2025
Fig. 12 PV Inverters Market: Regional Analysis, 2017 - 2025
Fig. 13 PV Inverters Market: Competitive Matrix
Fig. 14 PV Inverters Market: Revenue Mix