Press release
PV Inverter Market Size & Analysis - Forecasts to 2026
PV Inverter Market
Browse 157 Market Data Tables and 117 Figures spread through 187 Pages and in-depth TOC on "Global PV Inverter Market - Forecast to 2026." https://www.globalmarketestimates.com/market-report/global-pv-inverter-market-2930
By Product (Micro PV Inverter, Central PV Inverter, String PV Inverter, Others), By Power Class (Three Phase, Single Phase), By Connectivity (Stand-alone, On-Grid), By End-Use (Residential, Utilities, Commercial & Industrial), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis
Key Market Insights
• The special functions of solar power inverters are modified for use with photovoltaic arrays, like maximum power point monitoring and anti-island defense.
• The growing demand for sustainable energy due to high energy consumption is anticipated to boost market growth in the upcoming years
• The growing investment in the production of large-scale solar PV infrastructure will boost the outlook for the industry throughout the coming years.
• The utility segment is anticipated to boost market share as well as grow during the expected timeframe at a high CAGR pace.
• In 2019, the central PV inverter sector accounted for the largest revenue share
• In terms of sales, the Asia-Pacific region holds the leading market position as well as demonstrate a substantial CAGR rate over the projected timeframe.
• ABB, SunPower, Siemens Energy, Eaton, Power Electronics S.L., SMA Solar Technology AG, Delta Electronics Inc., OMRON Corporation, TBEA, Emerson Electric Co., General Electric, and Hitachi Hi-Rel Power Electronics Private Limited, among others are the prime players that compete in the market.
Browse the Report @ https://www.globalmarketestimates.com/market-report/global-pv-inverter-market-2930
Product Outlook (Revenue, USD Billion, 2021-2026)
• Micro PV Inverter
• Central PV Inverter
• String PV Inverter
• Others
Power Class Outlook (Revenue, USD Billion, 2021-2026)
• Single-Phase
• Three-Phase
Connectivity Outlook (Revenue, USD Billion, 2021-2026)
• Stand-alone
• On-Grid
End-Use Outlook (Revenue, USD Billion, 2021-2026)
• Commercial & Industrial
• Utilities
• Residential
Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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