Press release
Rise in adoption of Solar Hybrid Inverter Market To Grow At 9.05% CAGR To 2017-2021
About Solar Hybrid Inverter
Solar hybrid inverters apart from converting direct current to alternate current can also store excess power while working in tandem with batteries. This type of inverters solves the issues related to renewable energy variability and unreliable grid structures.
Technavios analysts forecast the global solar hybrid inverter market to grow at a CAGR of 9.05% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global solar hybrid inverter market for 2017-2021. To calculate the market size, the report considers the new installations and exclude replacement/aftermarket sales.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Solar Hybrid Inverter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Flin Energy
Luminous India
Microtek Inverters
Schneider Electric
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Other prominent vendors
Delta Energy Systems
EAST Group
KACO new energy
Pure Volt
TABUCHI ELECTRIC
SHANGHAI SUNVIS NEW ENERGY
Voltronic Power Technology
SOLAX POWER
SolarEdge Technologies
Redback Technologies
Growatt New Energy Technology
GoodWe (Jiangsu) Power Supply Technology
Lavancha Renewable Energy
Market driver
Rise in solar energy installations
For a full, detailed list, view our report
Market challenge
Technical problems associated with solar PV components
For a full, detailed list, view our report
Market trend
Rise in adoption of hybrid power systems in telecom towers
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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