Press release
Solar Pump Inverter Market 2018 Global Key Players, Challenges, Industry Size, Growth Opportunities And Forecast TO 2025
In terms of production side, this report researches the Solar Pump Inverter capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Solar Pump Inverter by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Solar pumping inverter converts DC current from the solar array into AC current to drive the pump. With the function of MPPT (maximum power point tracking), it regulates the output frequency according to irradiation in real time to achieve the maximum power.
Solar Inverters Features:
1. Adopting the proposed dynamic VI maximum power point tracking (MPPT) control method; Fast response and stable operation; Better than the conventional methods which may lead to the problems including poor tracking performances, unstable or even cause water hammer damaging when the irradiation on the array changes rapidly.
2. The solar pumping inverters system is dispensed with energy storing devices, and stores water instead of electricity. It improves the reliability of the device, at the same time, it lowers the construction and maintenance costs of the system dramatically.
3. Digital control; automatic operation and data acquisition/storage of 8 years, etc; 98% of conversion efficiency, and complete protection.
4. In-line blocks; user friendly; convenient for operating; perfect cooling and shielding.
The EMEA average price of Solar Pump Inverter is in the decreasing trend, from 140 USD/KW in 2013 to 129 USD/KW in 2017. With the situation of EMEA economy, prices will be in decreasing trend in the following five years.
The classification of Solar Pump Inverter includes Single Purpose and Multipurpose solar pump inverter. The proportion of Single Purpose in 2017 is about 95%.
Europe region is the largest consumption of Solar Pump Inverter, with a consumption market share nearly 73% in 2017. Africa is the second largest consumption of Solar Pump Inverter, enjoying consumption market share nearly 16% in 2017.
The Solar Pump Inverter market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Solar Pump Inverter.
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This report includes the following manufacturers; we can also add the other companies as you want.
ABB
Hitachi
Voltronic Power
Schneider Electric
GRUNDFOS
B&B Power
Sollatek
Solar Tech
Gozuk
MNE
Voltacon
Hober
Market Segment by Product Type
Single Purpose
Multipurpose
Market Segment by Application
Commercial Use
Home Use
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