Press release
Compact Inverter Technology Market Size, Application, Region and Growth Forecast -2032
The global compact inverter technology market was valued at ~ US$ 800 Mn in 2014, and is projected to surpass ~ US$ 1.1 Bn by the end of the year 2019. The compact inverter technology market is likely to grow at a CAGR of ~ 8% during the forecast period of 2019 to 2029, and is projected to reach a market value of ~ US$ 2.5 Bn by the end of the forecast year 2029.
This research report contains vital forecast and macro-economic factors that are projected to propel the compact inverter technology market growth. The compact inverter technology market report also discusses the challenges that are anticipated to hamper the global market growth. The compact inverter technology market also offers an analysis on the potential opportunities to look forward to, along with the latest trends in the marketplace.
Request the sample copy of report @ https://www.persistencemarketresearch.com/samples/30443
Growing Usage of Portable Power Storage Devices to Boost Market Growth
By type, the compact inverter technology market is broken down into fixed and portable. Moreover, fixed compact inverters can be installed in cars, trucks, and even recreational vehicles, making them ideal for cross country professional drivers. By phase, the global compact inverter technology market is segregated into single-phase and three-phase. The three-phase segment is projected to remain significant in the compact inverter technology market throughout the forecast period.
By output voltage, the compact inverter technology market is broken down into up to 240volts and above 240volts. The above 240volts segment of the compact inverter technology market is estimated to remain prominent in the global market owing to the adoption of portable power storage devices. By application, the global compact inverter technology market is segmented into residential, commercial, and industrial. The commercial segment includes the automotive sector and is projected to remain significant in the compact inverter technology market throughout the forecast period.
Regional analysis of the compact inverter technology market reveals that Western Europe and Asia Pacific Excluding Japan are anticipated to witness a prominent growth rate in the global compact inverter technology market over the forecasted period. However, North America is also developing healthy potential for the compact inverter technology market owing to the new business opportunities in the region.
Tier-1 Players in the Market to Account for 30% Revenue Shares
The global compact inverter technology market is defined consolidated owing to the presence of a large number of manufacturers of compact inverters. For deep-down analysis, Persistence Market Research (PMR) has segregated the market structure up to three tiers: Tier 1, Tier 2, and Tier 3. Here, Tier 1 players are expected to account for a 30% share in the global market of compact inverter technology. Moreover, the top players in the global compact inverter technology market are adopting collaboration and business expansion strategies to gain a significant share of the global compact inverter technology market.
• In August 2018, Cobra Electronics expanded its product lineup in China by introducing SPXc Series. The series contains 4 new models that offer the latest technology to satisfy the demands of the tech-savvy Chinese market.
• In August 2018, Tripp Lite partnered with MAS Elektronik AG to distribute its product portfolio of enterprise, small business, and home computing solutions in Germany. The range of solutions includes micro data centers, UPS systems, compact inverter, PDUs, server racks, KVM switches, charging solutions, wall-mount, and mobile display mounts.
Buy Full Report Now and Get Up to 20% Discount @ https://www.persistencemarketresearch.com/checkout/30443
Some of the key players identified across the value chain of the global compact inverter technology market include
• OMRON Corporation
• Growatt New Energy Technology CO.,LTD
• Tripp Lite
• Cobra Electronics
• Toshiba Schneider Inverter Corporation
• Ring Automotive Limited
• Eaton (Cooper Bussmann)
• Movek Group
• Mitsubishi Electric Corporation
• Zucchetti Centro Sistemi S.p.a
• Hitachi
• YASKAWA Europe GmbH
• Fuji Electric Corp.
• Panasonic Electric
• CE+T Power
• Kisae Technology Inc.
• Xantrex LLC.
• Samlex America Inc.
• Wagan Tech
• PowerBright
Request For Report Customization @ https://www.persistencemarketresearch.com/request-customization/30443
About us:
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Compact Inverter Technology Market Size, Application, Region and Growth Forecast -2032 here
News-ID: 2862704 • Views: …
More Releases from Persistence Market Research
Libya Baby Diapers and Wipes Market Set to Reach US$ 392.2 Mn by 2033 Says Persi …
The Libya baby diapers and wipes market is projected to expand at a 4.5% compound annual growth rate (CAGR) from 2023 to 2033, reaching an estimated value of US$ 392.2 million by 2033. The market was valued at US$ 242.9 million at the end of 2022.
Request a Sample: https://www.persistencemarketresearch.com/samples/33030
Key Market Drivers
Several factors are underpinning the growth in the Libyan market for baby diapers and wipes:
• Growing awareness of infant hygiene: As…
Foodservice Packaging Market Worth 522.4 Billion by 2032 - Persistence Market Re …
The foodservice packaging market is undergoing significant transformation, driven by evolving consumer preferences, technological innovations, and rising sustainability demands. Foodservice packaging encompasses a wide range of products including containers, trays, cups, lids, bags, and cutlery used across quick-service restaurants, full-service dining, catering, and delivery platforms.
Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response): https://www.persistencemarketresearch.com/samples/22354
As global food consumption habits shift toward convenience and on-the-go…
BOPP for Labels Market to Reach US$ 31.2 Billion by 2032 with 6.1% CAGR, Reports …
The packaging and labelling industry has witnessed significant transformation over the past decade, with brands increasingly seeking materials that are cost-effective, durable, and visually appealing. One material that has gained substantial traction in this context is biaxially oriented polypropylene, commonly known as BOPP. BOPP films are widely recognized for their versatility, excellent printability, and resilience against moisture and chemicals. These characteristics make BOPP an ideal choice for labels across various…
Emulsion Explosives Market to Grow from US$ 2.57 Billion in 2024 to US$ 3.57 Bil …
The global emulsion explosive market has witnessed substantial growth over the past few years, driven by increasing demand from the mining, construction, and infrastructure sectors. Emulsion explosives are considered a safer, more efficient alternative to traditional blasting agents due to their improved performance, water resistance, and enhanced safety profile. Their adoption is growing steadily as industries seek higher productivity, better control, and environmentally safer solutions for blasting operations.
Get a Sample…
More Releases for Tech
Kitimat's Quiet Tech Revolution: Retired Tech Founder Launches Kitimat Digital
Image: https://www.globalnewslines.com/uploads/2025/05/fe744bd61d32383b1190af80ca522635.jpg
KITIMAT, BC - In a town shaped by industry and community, one digital venture is quietly helping small businesses step into the modern age.
Kitimat Digital, incorporated in British Columbia in 2024, was founded by a retired tech professional with a background in operating digital firms in Calgary and Houston. After settling in Kitimat for a slower pace of life, he noticed a clear need: many businesses in the area…
Tech Cuboid: Revolutionizing the Tech Landscape
In an era where technology evolves at breakneck speed, staying ahead of the curve is no longer optional-it's essential. If you're navigating the dynamic world of tech in the USA, you've likely heard of Tech Cuboid, a name that's rapidly becoming synonymous with innovation, reliability, and cutting-edge solutions. But what exactly is Tech Cuboid, and why should it matter to you? Let's dive into how this groundbreaking platform is reshaping…
Evan Ceron: Pioneering Tech Solutions With Tech Remedies
Image: https://www.getnews.info/uploads/a067156d14b9c9aaa532de3166992962.jpg
Since embarking on his technical journey in 2009, Evan Ceron has steadily built a reputation as a seasoned professional in the tech industry. His journey began with a solid foundation in technical education at Bellevue College in Washington, where he acquired the skills and knowledge that would later serve as the bedrock of his entrepreneurial aspirations. This period of education not only equipped him with critical technical expertise but…
GAM Tech Acquires Cyber Tech 360: Expanding Expertise and Innovation
GAM Tech, a leading provider of managed IT solutions and professional services, is thrilled to announce its acquisition of Cyber Tech 360, a recognized leader in cybersecurity services and advanced managed IT solutions. This strategic acquisition broadens GAM Tech's service offerings, resulting in a comprehensive portfolio to better service small and medium-sized businesses across Canada.
The combined company will operate under the GAM Tech brand. Cyber Tech 360 will be…
Girls in Tech Singapore rebranding to Sponsors in Tech
SINGAPORE - 16th JULY 2024 -
With the closure of Girls in Tech, Inc., the local Girls in Tech - Singapore chapter is proud to announce its rebranding as "Sponsors of Tech - Empowering Her Journey." This new identity marks a significant milestone for the organization and our community, reflecting our ongoing commitment to supporting girls and women in tech throughout their careers.
As a non-profit organization, Sponsors of Tech - Empowering…
3-Axis Handheld Gimbal Stabilizers Market Analysis and Growth by Top Manufacture …
A report added to the rich database of Qurate Business Intelligence, titled “3-Axis Handheld Gimbal Stabilizers Market - Global Industry Analysis and Forecast to 2023”, provides a 360-degree overview of the Global market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the…
