PV Inverters Market Future Growth, Impact Analysis, Key Players, Business Share, Company Profiles, Segmentation, Application, Technology, and Forecast 2025

Market Overview:
Global PV Inverters Market to reach USD 17.6 billion by 2025.

Global PV Inverters Market valued approximately USD 5.3 billion in 2016 is anticipated to grow with a healthy growth rate of more than 14.3% over the forecast period 2017-2025 Growing awareness for adopting the usage of renewable energy sources across the world which have led to the large-scale adoption of solar photovoltaic (PV) installations. The rising affordability of energy storage devices creates ample opportunities for the market. Moreover, Government is also setting targets and introducing familiar polices for promoting renewable energy as well as to reduce carbon emissions. Increasing awareness owing to fossil fuel conservation and clean fuel demand will complement the industry growth.

Some of the key manufacturers involved in the market are ABB Ltd (Switzerland), SMA Solar Technology AG (Germany), Canadian Solar Inc. (Canada), SolarEdge Technologies Inc. (Israel), SunPower Corporation (U.S.), Delta Electronics, Inc. (Taiwan), Solectria Renewables, LLC (U.S.), Sineng Electric Co., Ltd. (China), Hitachi Hi-Rel Power Electronics Pvt. Ltd (India), and Power electronics (Spain). Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:
Residential
Commercial & Industrial
Utility Scale

By Type:
Central Inverters
String Inverters
Micro Inverters
Others

By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Rest of the World

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Frequently asked questions (FAQs) about the report

• Can the report be customized according to the requirements?

Yes. The PV Inverters market report can be customized according to your needs. For instance, the company can be profiled you ask for while specific region/country analysis can be focused that meets your interests. You can talk to our research analyst about your exact requirements and UMR will accordingly tailor the required report.

• Can we narrow the available business segments?

Yes, the market report can be further segmented on the basis of data availability and feasibility. We can provide a further breakdown in product types and applications (if applicable) by size, volume, or revenue. In the market segmentation part, the latest product developments and customer behavior insight PV Inverters are also included to give an in-depth analysis of the market.

• Does the report cover COVID-19 impact and future market projections?

Yes. The market research report covers the detailed analysis of COVID-19 impact on the market. Our research team has been monitoring the market closely while it has been conducting interviews with the industry experts to get better insight PV Inverters on the present and future implications of the COVID-19 virus on the market.
The market report provides vital information on the strategies deployed by industry players during the COVID-19 crisis to maintain their position in the market. Along with this, it also shares crucial data on product developments due to the inevitable pandemic across the globe.

Table of Content
1. Chapter - Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description

2. Chapter – Global PV Inverters Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global PV Inverters Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. PV Inverters Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis

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