Photovoltaic Inverter Market by Power Class (Single Phase Inverter and Three Phase Inverter), Nominal Output Power (≤300 W Photovoltaic Inverter, >110,000 W Photovoltaic Inverter), Nominal Output Voltage (≤230V Photovoltaic Inverter, >600V Photovoltaic Inverter), Connectivity (On grid Photovoltaic Inverter, Standalone Photovoltaic Inverter), Product (Micro Photovoltaic Inverter, String Photovoltaic Inverter, Central Photovoltaic Inverter) Application (Residential, Photovoltaic Inverter, Commercial

Published On : August 2018 Pages : 180 Category: Equipment Machine & Tooling Report Code : EM081174

The Photovoltaic Inverter Market was $ 3.41 billion in 2014, and is expected to reach $11.06 billion by 2023, registering a CAGR of 14.12% during the forecast period. Photovoltaic Inverter is an electrical device which converts Direct Current (DC) form a photovoltaic solar panel into Alternating Current (AC) that can be used by commercial electrical grid or local electrical grid. Photovoltaic Inverters play a vital role in any solar energy system and are treated as intellect to that system. Companies have successfully done the modification in Photovoltaic Inverters for manufacturing purpose and are setup to start manufacturing units seeing the demand for solar energy. In year 2017, countries like China, America and Japan together hold 65% of the total market of Photovoltaic Inverters.

Drivers & Restrains

The global market is driven by the increasing pollution that is been caused by coal and natural gas burning for generating energy for daily use. These resources (coal and natural gas) are sparse and a limited the need for other resources in coming-up one of which is the solar energy. Solar energy is more predictable, even if spread over a larger, after pairing its more reliable. Capital cost is one of the restrains as the initial building and installing solar farms is high. Decentralized model is another restrain as the power plants are small and situated at a distance from each other there energy gathering and transmission becomes hectic.

End User Outlook and Trend Analysis

The end user or applications of Photovoltaic Inverter are Residential, Commercial (colleges/universities, office, government, military, etc.), Industrial (chemical, paper, food processing, etc.) and Utility. When dealing with the end user point of view it has vast application area. The growing awareness about renewable energy and Government involvement (subsidies) people are turning towards these energy options.

Regional Outlook

China is the leading in solar energy production and seen as the most desirable market for Photovoltaic Inverters. China is producing an estimated 130GW of solar energy.  The US is second largest Photovoltaic Inverter market is estimated to grow in coming few years. The regulatory measures by US government and the positive outlook of people toward using renewable resources is the reason behind the overall industrial growth. In US there are about 6000 major and minor running solar projects generating about 85GW power. After China and US, countries like Japan, India and Europe are leading the table.

Competitive Insights

The leading players in the photovoltaic inverter market include Elettronica Santerno, Enphase Energy, SMA Solar Technology, Enphase Energy, Emerson Electric, Schneider Electric, Tabuchi Electric Co., Ltd., TMEIC, Panasonic, The Furukawa Battery Co., Ltd., Sungrow Power Supply Co., Ltd., Growatt New Energy Technology, Shenzhen KSTAR, REFU Elektronik GmbH, Samil Power, SatCon, Sineng, Solar Edge, Delta Group, SolarMax, TBEA, Chint Group, Fronious International, Omron, KACO New Energy, Huawei, ABB, General Electric.

The Photovoltaic Inverter Market is segmented as follows-

By Power Class

  • Single Phase Inverter
  • Three Phase Inverter

By Nominal Output Power

  • ≤ 300 W Photovoltaic Inverter
  • > 110,000 W Photovoltaic Inverter

By Nominal Output Voltage

  • ≤ 230 V Photovoltaic Inverter
  • > 600 V Photovoltaic Inverter

By Connectivity

  • On grid Photovoltaic Inverter
  • Standalone Photovoltaic Inverter

By Product

  • Micro Photovoltaic Inverter
  • String Photovoltaic Inverter
  • Central Photovoltaic Inverter

By Application

  • Residential Photovoltaic Inverter
  • Commercial Photovoltaic Inverter
  • Industrial Photovoltaic Inverter
  • Utility Photovoltaic Inverter

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Columbia
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Rest of MEA

Some of the key questions answered by the report are:

  • What was the market size in 2014 and forecast from 2015 to 2023?
  • What will be the industry market growth from 2015 to 2023?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

Market Classification

·         Photovoltaic Inverter  Market, By Power Class, Estimates and Forecast, 2014-2023 ($Million)

o    Single Phase Inverter

o    Three Phase Inverter

·         Photovoltaic Inverter  Market, By Nominal Output Power, Estimates and Forecast, 2014-2023 ($Million)

o    < 300 W Photovoltaic Inverter

o    > 110,000 W Photovoltaic Inverter

·         Photovoltaic Inverter  Market, By Nominal Output Voltage, Estimates and Forecast, 2014-2023 ($Million)

o    < 230 V Photovoltaic Inverter

o    > 600 V Photovoltaic Inverter

·         Photovoltaic Inverter  Market, By Nominal Connectivity, Estimates and Forecast, 2014-2023 ($Million)

o    On grid Photovoltaic Inverter

o    Standalone Photovoltaic Inverter

·         Photovoltaic Inverter  Market, By Product, Estimates and Forecast, 2014-2023 ($Million)

o    Micro Photovoltaic Inverter

o    String Photovoltaic Inverter

o    Central Photovoltaic Inverter

·         Photovoltaic Inverter  Market, By Product, Estimates and Forecast, 2014-2023 ($Million)

o    Residential Photovoltaic Inverter

o    Commercial Photovoltaic Inverter

o    Industrial Photovoltaic Inverter

o    Utility Photovoltaic Inverter

·         Photovoltaic Inverter  Market, By Region, Estimates and Forecast, 2014-2023 ($Million)

o    North America

§  North America Photovoltaic Inverter  Market, By Country

o    U.S. Photovoltaic Inverter  Market

o    Canada Photovoltaic Inverter  Market

o    Mexico Photovoltaic Inverter  Market

o    Europe

§  Europe Photovoltaic Inverter  Market, By Country

o    Germany Photovoltaic Inverter  Market

o    UK Photovoltaic Inverter  Market

o    France Photovoltaic Inverter  Market

o    Russia Photovoltaic Inverter  Market

o    Italy Photovoltaic Inverter  Market

o    Rest of Europe Photovoltaic Inverter  Market

o    Asia-Pacific

§  Asia-Pacific Photovoltaic Inverter  Market, By Country

o    China Photovoltaic Inverter  Market

o    Japan Photovoltaic Inverter  Market

o    South Korea Photovoltaic Inverter  Market

o    India Photovoltaic Inverter  Market

o    Southeast Asia Photovoltaic Inverter  Market

o    Rest of Asia-Pacific Photovoltaic Inverter  Market

o    South America

§  South America Photovoltaic Inverter  Market

o    Brazil Photovoltaic Inverter  Market

o    Argentina Photovoltaic Inverter  Market

o    Columbia Photovoltaic Inverter  Market

o    Rest of South America Photovoltaic Inverter  Market

o    Middle East and Africa

§  Middle East and Africa Photovoltaic Inverter  Market

o    Saudi Arabia Photovoltaic Inverter  Market

o    UAE Photovoltaic Inverter  Market

o    Egypt Photovoltaic Inverter  Market

o    Nigeria Photovoltaic Inverter  Market

o    South Africa Photovoltaic Inverter  Market

o    Rest of MEA Photovoltaic Inverter  Market

Table of Contents

1.       Introduction

1.1.     Report Description

2.       Executive Summary

2.1.     Key Highlights

3.       Market Overview

3.1.     Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.     Market Dynamics

3.2.1.  Drivers

3.2.2.  Restraints

3.2.3.  Opportunities

4.       Market Analysis by Regions

4.1.     North America (United States, Canada and Mexico)

4.1.1.  United States Market States and Outlook (2014-2023)

4.1.2.  Canada Market States and Outlook (2014-2023)

4.1.3.  Mexico Market States and Outlook (2014-2023)

4.2.     Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

4.2.1.  Germany Market States and Outlook (2014-2023)

4.2.2.  France Market States and Outlook (2014-2023)

4.2.3.  UK Market States and Outlook (2014-2023)

4.2.4.  Russia Market States and Outlook (2014-2023)

4.2.5.  Italy Market States and Outlook (2014-2023)

4.2.6.  Rest of Europe Market States and Outlook (2014-2023)

4.3.     Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)

4.3.1.  China Market States and Outlook (2014-2023)

4.3.2.  Japan Market States and Outlook (2014-2023)

4.3.3.  Korea Market States and Outlook (2014-2023)

4.3.4.  India Market States and Outlook (2014-2023)

4.3.5.  Southeast Asia Market States and Outlook (2014-2023)

4.3.6.  Rest of Asia-Pacific Market States and Outlook (2014-2023)

4.4.     South America (Brazil, Argentina, Columbia and Rest of South America)

4.4.1.  Brazil Market States and Outlook (2014-2023)

4.4.2.  Argentina Market States and Outlook (2014-2023)

4.4.3.  Columbia Market States and Outlook (2014-2023)

4.4.4.  Rest of South America Market States and Outlook (2014-2023)

4.5.     Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)

4.5.1.  Saudi Arabia Market States and Outlook (2014-2023)

4.5.2.  United Arab Emirates Market States and Outlook (2014-2023)

4.5.3.  Egypt Market States and Outlook (2014-2023)

4.5.4.  Nigeria Market States and Outlook (2014-2023)

4.5.5.  South Africa Market States and Outlook (2014-2023)

4.5.6.  Turkey Market States and Outlook (2014-2023)

4.5.7.  Rest of Middle East and Africa Market States and Outlook (2014-2023)

5.       Photovoltaic Inverter Market, By Power Class

5.1.     Introduction

5.2.     Global Photovoltaic Inverter Revenue and Market Share by Power Class (2014-2018)

5.2.1.  Global Photovoltaic Inverter Revenue and Revenue Share by Power Class (2014-2018)

5.3.     Single Phase Inverter

5.3.1.  Global Single Phase Inverter Revenue and Growth Rate (2014-2018)

5.4.     Three Phase Inverter

5.4.1.  Global Three Phase Inverter Revenue and Growth Rate (2014-2018)

6.       Photovoltaic Inverter Market, By Nominal Output Power

6.1.     Introduction

6.2.     Global Photovoltaic Inverter Revenue and Market Share by Nominal Output Power (2014-2018)

6.2.1.  Global Photovoltaic Inverter Revenue and Revenue Share by Nominal Output Power (2014-2018)

6.3.     ≤ 300 W Photovoltaic Inverter

6.3.1.  Global ≤ 300 W Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

6.4.     > 110,000 W Photovoltaic Inverter

6.4.1.  Global > 110,000 W Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

7.       Photovoltaic Inverter Market, By Nominal Output Voltage

7.1.     Introduction

7.2.     Global Photovoltaic Inverter Revenue and Market Share by Nominal Output Voltage (2014-2018)

7.2.1.  Global Photovoltaic Inverter Revenue and Revenue Share by Nominal Output Voltage (2014-2018)

7.3.     ≤ 230 V Photovoltaic Inverter

7.3.1.  Global ≤ 230 V Photovoltaic Inverter  Revenue and Growth Rate (2014-2018)

7.4.     > 600 V Photovoltaic Inverter

7.4.1.  Global > 600 V Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

8.       Photovoltaic Inverter Market, By Connectivity

8.1.     Introduction

8.2.     Global Photovoltaic Inverter Revenue and Market Share by Connectivity (2014-2018)

8.2.1.  Global Photovoltaic Inverter Revenue and Revenue Share by Connectivity (2014-2018)

8.3.     On grid Photovoltaic Inverter

8.3.1.  Global On grid Photovoltaic Inverter  Revenue and Growth Rate (2014-2018)

8.4.     Standalone Photovoltaic Inverter

8.4.1.  Global Standalone Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

9.       Photovoltaic Inverter Market, By Product

9.1.     Introduction

9.2.     Global Photovoltaic Inverter Revenue and Market Share by Product (2014-2018)

9.2.1.  Global Photovoltaic Inverter Revenue and Revenue Share by Product (2014-2018)

9.3.     Micro Photovoltaic Inverter

9.3.1.  Global Micro Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

9.4.     String Photovoltaic Inverter

9.4.1.  Global String Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

9.5.     Central Photovoltaic Inverter

9.5.1.  Global Central Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

10.    Photovoltaic Inverter Market, By Application

10.1. Introduction

10.2. Global Photovoltaic Inverter Revenue and Market Share by Application (2014-2018)

10.2.1.      Global Photovoltaic Inverter Revenue and Revenue Share by Application (2014-2018)

10.3. Residential Photovoltaic Inverter

10.3.1.      Global Residential Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

10.4. Commercial Photovoltaic Inverter

10.4.1.      Global Commercial Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

10.5. Industrial Photovoltaic Inverter

10.5.1.      Global Industrial Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

10.6. Utility Photovoltaic Inverter

10.6.1.      Global Utility Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

11.    Photovoltaic Inverter Market, By Region

11.1. Introduction

11.2. Global Photovoltaic Inverter Revenue and Market Share by Regions

11.2.1.      Global Photovoltaic Inverter Revenue by Regions (2014-2018)

11.3. North America Photovoltaic Inverter by Countries

11.3.1.      North America Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

11.3.2.      North America Photovoltaic Inverter Revenue (Million USD) by Countries (2014-2018)

11.3.3.      United States

11.3.3.1. United States Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.3.4.      Canada

11.3.4.1. Canada Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.3.5.      Mexico

11.3.5.1. Mexico Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.4. Europe Photovoltaic Inverter by Countries

11.4.1.      Europe Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

11.4.2.      Europe Photovoltaic Inverter Revenue (Million USD) by Countries (2014-2018)

11.4.3.      Germany

11.4.3.1. Germany Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.4.4.      France

11.4.4.1. France Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.4.5.      UK

11.4.5.1. UK Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.4.6.      Russia

11.4.6.1. Russia Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.4.7.      Italy

11.4.7.1. Italy Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.4.8.      Rest of Europe

11.4.8.1. Rest of Europe Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.5. Asia-Pacific Photovoltaic Inverter by Countries

11.5.1.      Asia-Pacific Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

11.5.2.      Asia-Pacific Photovoltaic Inverter Revenue (Million USD) by Countries (2014-2018)

11.5.3.      China

11.5.3.1. China Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.5.4.      Japan

11.5.4.1. Japan Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.5.5.      Korea

11.5.5.1. Korea Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.5.6.      India

11.5.6.1. India Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.5.7.      Southeast Asia

11.5.7.1. Southeast Asia Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.5.8.      Rest of Asia-Pacific

11.5.8.1. Rest of Asia-Pacific Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.6. South America Photovoltaic Inverter by Countries

11.6.1.      South America Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

11.6.2.      South America Photovoltaic Inverter Revenue (Million USD) by Countries (2014-2018)

11.6.3.      Brazil

11.6.3.1. Brazil Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.6.4.      Argentina

11.6.4.1. Argentina Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.6.5.      Columbia

11.6.5.1. Columbia Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.6.6.      Rest of South America

11.6.6.1. Rest of South America Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.7. Middle East and Africa Photovoltaic Inverter by Countries

11.7.1.      Middle East and Africa Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

11.7.2.      Middle East and Africa Photovoltaic Inverter Revenue (Million USD) by Countries (2014-2018)

11.7.3.      Saudi Arabia

11.7.3.1. Saudi Arabia Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.7.4.      United Arab Emirates

11.7.4.1. United Arab Emirates Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.7.5.      Egypt

11.7.5.1. Egypt Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.7.6.      Nigeria

11.7.6.1. Nigeria Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.7.7.      South Africa

11.7.7.1. South Africa Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.7.8.      Turkey

11.7.8.1. Turkey Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

11.7.9.      Rest of Middle East and Africa

11.7.9.1. Rest of Middle East and Africa Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

12.    Company Profiles

12.1. Elettronica Santerno

12.1.1.      Business Overview

12.1.2.       Service Portfolio

12.1.3.      Strategic Developments

12.1.4.       Revenue and Market Share

12.2. Enphase Energy

12.2.1.      Business Overview

12.2.2.       Service Portfolio

12.2.3.      Strategic Developments

12.2.4.       Revenue and Market Share

12.3. SMA Solar Technology

12.3.1.      Business Overview

12.3.2.       Service Portfolio

12.3.3.      Strategic Developments

12.3.4.       Revenue and Market Share

12.4. Tabuchi Electric Co., Ltd.

12.4.1.      Business Overview

12.4.2.       Service Portfolio

12.4.3.      Strategic Developments

12.4.4.       Revenue and Market Share

12.5. TMEIC, Panasonic

12.5.1.      Business Overview

12.5.2.       Service Portfolio

12.5.3.      Strategic Developments

12.5.4.       Revenue and Market Share

12.6. Growatt New Energy Technology

12.6.1.      Business Overview

12.6.2.       Service Portfolio

12.6.3.      Strategic Developments

12.6.4.       Revenue and Market Share

12.7. Shenzhen KSTAR

12.7.1.      Business Overview

12.7.2.       Service Portfolio

12.7.3.      Strategic Developments

12.7.4.       Revenue and Market Share

12.8. REFU Elektronik GmbH

12.8.1.      Business Overview

12.8.2.       Service Portfolio

12.8.3.      Strategic Developments

12.8.4.       Revenue and Market Share

12.9. Solar Edge, Delta Group

12.9.1.      Business Overview

12.9.2.       Service Portfolio

12.9.3.      Strategic Developments

12.9.4.       Revenue and Market Share

12.10.                   SolarMax

12.10.1.  Business Overview

12.10.2.   Service Portfolio

12.10.3.  Strategic Developments

12.10.4.   Revenue and Market Share

12.11.                   TBEA

12.11.1.  Business Overview

12.11.2.   Service Portfolio

12.11.3.  Strategic Developments

12.11.4.   Revenue and Market Share

12.12.                   Chint Group

12.12.1.  Business Overview

12.12.2.   Service Portfolio

12.12.3.  Strategic Developments

12.12.4.   Revenue and Market Share

12.13.                   Fronious International

12.13.1.  Business Overview

12.13.2.   Service Portfolio

12.13.3.  Strategic Developments

12.13.4.   Revenue and Market Share

12.14.                   Omron

12.14.1.  Business Overview

12.14.2.   Service Portfolio

12.14.3.  Strategic Developments

12.14.4.   Revenue and Market Share

12.15.                   ABB, General Electric.

12.15.1.  Business Overview

12.15.2.   Service Portfolio

12.15.3.  Strategic Developments

12.15.4.   Revenue and Market Share

13.    Global Photovoltaic Inverter Market Competition, by Manufacturer

13.1. Global Photovoltaic Inverter Revenue and Market Share by Manufacturer (2016-2017)

13.2. Global Photovoltaic Inverter Price By Region (2016-2017)

13.3. Top 5 Photovoltaic Inverter Manufacturer Market Share

13.4. Market Competition Trend

14.    Photovoltaic Inverter Market Forecast (2018-2023)

14.1. Global Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2018-2023)

14.2. Photovoltaic Inverter Market Forecast by Regions (2018-2023)

14.2.1.      North America Photovoltaic Inverter Market Forecast (2018-2023)

14.2.1.1. United States Photovoltaic Inverter Market Forecast (2018-2023)

14.2.1.2. Canada Photovoltaic Inverter Market Forecast (2018-2023)

14.2.1.3. Mexico Photovoltaic Inverter Market Forecast (2018-2023)

14.2.2.      Europe Photovoltaic Inverter Market Forecast (2018-2023)

14.2.2.1. Germany Photovoltaic Inverter Market Forecast (2018-2023)

14.2.2.2. France Photovoltaic Inverter Market Forecast (2018-2023)

14.2.2.3. UK Photovoltaic Inverter Market Forecast (2018-2023)

14.2.2.4. Russia Photovoltaic Inverter Market Forecast (2018-2023)

14.2.2.5. Italy Photovoltaic Inverter Market Forecast (2018-2023)

14.2.2.6. Rest of Europe Photovoltaic Inverter Market Forecast (2018-2023)

14.2.3.      Asia-Pacific Photovoltaic Inverter Market Forecast (2018-2023)

14.2.3.1. China Photovoltaic Inverter Market Forecast (2018-2023)

14.2.3.2. Japan Photovoltaic Inverter Market Forecast (2018-2023)

14.2.3.3. Korea Photovoltaic Inverter Market Forecast (2018-2023)

14.2.3.4. India Photovoltaic Inverter Market Forecast (2018-2023)

14.2.3.5. Southeast Asia Photovoltaic Inverter Market Forecast (2018-2023)

14.2.3.6. Rest of Asia-Pacific Photovoltaic Inverter Market Forecast (2018-2023)

14.2.4.      South America Photovoltaic Inverter Market Forecast (2018-2023)

14.2.4.1. Brazil Photovoltaic Inverter Market Forecast (2018-2023)

14.2.4.2. Argentina Photovoltaic Inverter Market Forecast (2018-2023)

14.2.4.3. Columbia Photovoltaic Inverter Market Forecast (2018-2023)

14.2.4.4. Rest of South America Photovoltaic Inverter Market Forecast (2018-2023)

14.2.5.      Middle East and Africa Photovoltaic Inverter Market Forecast (2018-2023)

14.2.5.1. Saudi Arabia Photovoltaic Inverter Market Forecast (2018-2023)

14.2.5.2. United Arab Emirates Photovoltaic Inverter Market Forecast (2018-2023)

14.2.5.3. Egypt Photovoltaic Inverter Market Forecast (2018-2023)

14.2.5.4. Nigeria Photovoltaic Inverter Market Forecast (2018-2023)

14.2.5.5. South Africa Photovoltaic Inverter Market Forecast (2018-2023)

14.2.5.6. Turkey Photovoltaic Inverter Market Forecast (2018-2023)

14.2.5.7. Rest of Middle East and Africa Photovoltaic Inverter Market Forecast (2018-2023)

14.3. Photovoltaic Inverter Market Forecast by Power Class (2018-2023)

14.3.1.      Photovoltaic Inverter Forecast by Power Class (2018-2023)

14.3.2.      Photovoltaic Inverter Market Share Forecast by Power Class (2018-2023)

14.4. Photovoltaic Inverter Market Forecast by Nominal Output Power (2018-2023)

14.4.1.      Photovoltaic Inverter Forecast by Nominal Output Power (2018-2023)

14.4.2.      Photovoltaic Inverter Market Share Forecast by Nominal Output Power (2018-2023)

14.5. Photovoltaic Inverter Market Forecast by Nominal Output Voltage (2018-2023)

14.5.1.      Photovoltaic Inverter Forecast by Nominal Output Voltage (2018-2023)

14.5.2.      Photovoltaic Inverter Market Share Forecast by Nominal Output Voltage (2018-2023)

14.6. Photovoltaic Inverter Market Forecast by Connectivity (2018-2023)

14.6.1.      Photovoltaic Inverter Forecast by Connectivity (2018-2023)

14.6.2.      Photovoltaic Inverter Market Share Forecast by Connectivity (2018-2023)

14.7. Photovoltaic Inverter Market Forecast by Product (2018-2023)

14.7.1.      Photovoltaic Inverter Forecast by Product (2018-2023)

14.7.2.      Photovoltaic Inverter Market Share Forecast by Product (2018-2023)

14.8. Photovoltaic Inverter Market Forecast by Application (2018-2023)

14.8.1.      Photovoltaic Inverter Forecast by Application (2018-2023)

14.8.2.      Photovoltaic Inverter Market Share Forecast by Application (2018-2023)


List of Tables

Figure United States Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Canada Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Mexico Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Germany Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure France Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure UK Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Russia Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Italy Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Rest of Europe Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure China Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Japan Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Korea Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure India Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Southeast Asia Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Rest of Asia-Pacific Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Brazil Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Argentina Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Columbia Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Rest of South America Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Saudi Arabia Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure United Arab Emirates Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Egypt Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Nigeria Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure South Africa Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Turkey Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Figure Rest of Middle East and Africa Photovoltaic Inverter Revenue (Million USD) and Growth Rate (2014-2023)

Table Global Photovoltaic Inverter Revenue and Revenue Share by Power Class (2014-2018)

Figure Global Single Phase Inverter Revenue and Growth Rate (2014-2018)

Figure Global Three Phase Inverter Revenue and Growth Rate (2014-2018)

Table Global Photovoltaic Inverter Revenue and Revenue Share by Nominal Output Power (2014-2018)

Figure Global ≤ 300 W Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

Figure Global > 110,000 W Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

Table Global Photovoltaic Inverter Revenue and Revenue Share by Nominal Output Voltage (2014-2018)

Figure Global ≤ 230 V Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

Figure Global > 600 V Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

Table Global Photovoltaic Inverter Revenue and Revenue Share by Connectivity (2014-2018)

Figure Global On grid Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

Figure Global Standalone Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

Table Global Photovoltaic Inverter Revenue and Revenue Share by Product (2014-2018)

Figure Global Micro Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

Figure Global String Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

Figure Global Central Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

Table Global Photovoltaic Inverter Revenue and Revenue Share by Application (2014-2018)

Figure Global Residential Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

Figure Global Commercial Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

Figure Global Industrial Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

Figure Global Utility Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

Table Global Photovoltaic Inverter Revenue by Regions (2014-2018)

Figure North America Photovoltaic Inverter Growth Rate (2014-2018)

Figure North America Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

Figure North America Photovoltaic Inverter by Countries (2014-2018)

Figure North America Photovoltaic Inverter Revenue (Million USD) by Countries (2014-2018)

Figure United States Photovoltaic Inverter Growth Rate (2014-2018)

Figure United States Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Canada Photovoltaic Inverter Growth Rate (2014-2018)

Figure Canada Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Mexico Photovoltaic Inverter Growth Rate (2014-2018)

Figure Mexico Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Europe Photovoltaic Inverter Growth Rate (2014-2018)

Figure Europe Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

Figure Europe Photovoltaic Inverter by Countries (2014-2018)

Figure Europe Photovoltaic Inverter Revenue (Million USD) by Countries (2014-2018)

Figure Germany Photovoltaic Inverter Growth Rate (2014-2018)

Figure Germany Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure France Photovoltaic Inverter Growth Rate (2014-2018)

Figure France Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure UK Photovoltaic Inverter Growth Rate (2014-2018)

Figure UK Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Russia Photovoltaic Inverter Growth Rate (2014-2018)

Figure Russia Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Italy Photovoltaic Inverter Growth Rate (2014-2018)

Figure Italy Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Rest of Europe Photovoltaic Inverter Growth Rate (2014-2018)

Figure Rest of Europe Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Asia-Pacific Photovoltaic Inverter Growth Rate (2014-2018)

Figure Asia-Pacific Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

Figure Asia-Pacific Photovoltaic Inverter by Countries (2014-2018)

Figure Asia-Pacific Photovoltaic Inverter Revenue (Million USD) by Countries (2014-2018)

Figure China Photovoltaic Inverter Growth Rate (2014-2018)

Figure China Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Japan Photovoltaic Inverter Growth Rate (2014-2018)

Figure Japan Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Korea Photovoltaic Inverter Growth Rate (2014-2018)

Figure Korea Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure India Photovoltaic Inverter Growth Rate (2014-2018)

Figure India Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Southeast Asia Photovoltaic Inverter Growth Rate (2014-2018)

Figure Southeast Asia Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Rest of Asia-Pacific Photovoltaic Inverter Growth Rate (2014-2018)

Figure Rest of Asia-Pacific Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure South America Photovoltaic Inverter Growth Rate (2014-2018)

Figure South America Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

Figure South America Photovoltaic Inverter by Countries (2014-2018)

Figure South America Photovoltaic Inverter Revenue (Million USD) by Countries (2014-2018)

Figure Brazil Photovoltaic Inverter Growth Rate (2014-2018)

Figure Brazil Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Argentina Photovoltaic Inverter Growth Rate (2014-2018)

Figure Argentina Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Columbia Photovoltaic Inverter Growth Rate (2014-2018)

Figure Columbia Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Rest of South America Photovoltaic Inverter Growth Rate (2014-2018)

Figure Rest of South America Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Middle East and Africa Photovoltaic Inverter Growth Rate (2014-2018)

Figure Middle East and Africa Photovoltaic Inverter Revenue and Growth Rate (2014-2018)

Figure Middle East and Africa Photovoltaic Inverter by Countries (2014-2018)

Figure Middle East and Africa Photovoltaic Inverter Revenue (Million USD) by Countries (2014-2018)

Figure Saudi Arabia Photovoltaic Inverter Growth Rate (2014-2018)

Figure Saudi Arabia Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure United Arab Emirates Photovoltaic Inverter Growth Rate (2014-2018)

Figure United Arab Emirates Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Egypt Photovoltaic Inverter Growth Rate (2014-2018)

Figure Egypt Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Nigeria Photovoltaic Inverter Growth Rate (2014-2018)

Figure Nigeria Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure South Africa Photovoltaic Inverter Growth Rate (2014-2018)

Figure South Africa Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Turkey Photovoltaic Inverter Growth Rate (2014-2018)

Figure Turkey Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Figure Rest of Middle East and Africa Photovoltaic Inverter Growth Rate (2014-2018)

Figure Rest of Middle East and Africa Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2014-2018)

Table Elettronica Santerno Photovoltaic Inverter Price, Revenue, Gross Margin and Market Share (2016-2017)

Table Enphase Energy Photovoltaic Inverter Price, Revenue, Gross Margin and Market Share (2016-2017)

Table SMA Solar Technology Photovoltaic Inverter Price, Revenue, Gross Margin and Market Share (2016-2017)

Table Tabuchi Electric Co., Ltd. Photovoltaic Inverter Price, Revenue, Gross Margin and Market Share (2016-2017)

Table TMEIC, Panasonic Photovoltaic Inverter Price, Revenue, Gross Margin and Market Share (2016-2017)

Table Growatt New Energy Technology Photovoltaic Inverter Price, Revenue, Gross Margin and Market Share (2016-2017)

Table Shenzhen KSTAR Photovoltaic Inverter Price, Revenue, Gross Margin and Market Share (2016-2017)

Table REFU Elektronik GmbH Photovoltaic Inverter Price, Revenue, Gross Margin and Market Share (2016-2017)

Table Solar Edge, Delta Group Photovoltaic Inverter Price, Revenue, Gross Margin and Market Share (2016-2017)

Table SolarMax Photovoltaic Inverter Price, Revenue, Gross Margin and Market Share (2016-2017)

Table TBEA Photovoltaic Inverter Price, Revenue, Gross Margin and Market Share (2016-2017)

Table Chint Group Photovoltaic Inverter Price, Revenue, Gross Margin and Market Share (2016-2017)

Table Fronious International Photovoltaic Inverter Price, Revenue, Gross Margin and Market Share (2016-2017)

Table Omron Photovoltaic Inverter Price, Revenue, Gross Margin and Market Share (2016-2017)

Table ABB, General Electric. Photovoltaic Inverter Price, Revenue, Gross Margin and Market Share (2016-2017)

Figure Global Photovoltaic Inverter Market Share by Manufacturer

Figure Global Photovoltaic Inverter Revenue and Market Share by Manufacturer

Table Global Photovoltaic Inverter Price by Region (2016-2017)

Figure Top 5 Photovoltaic Inverter Manufacturer (Revenue) Market Share

Figure Market Competition Trend

Figure Global Photovoltaic Inverter Revenue (Millions USD) and Growth Rate (2018-2023)

Table Photovoltaic Inverter Market Forecast by Regions (2018-2023)

Figure North America Photovoltaic Inverter Market Forecast (2018-2023)

Figure United States Photovoltaic Inverter Market Forecast (2018-2023)

Figure Canada Photovoltaic Inverter Market Forecast (2018-2023)

Figure Mexico Photovoltaic Inverter Market Forecast (2018-2023)

Figure Europe Photovoltaic Inverter Market Forecast (2018-2023)

Figure Germany Photovoltaic Inverter Market Forecast (2018-2023)

Figure France Photovoltaic Inverter Market Forecast (2018-2023)

Figure UK Photovoltaic Inverter Market Forecast (2018-2023)

Figure Russia Photovoltaic Inverter Market Forecast (2018-2023)

Figure Italy Photovoltaic Inverter Market Forecast (2018-2023)

Figure Rest of Europe Photovoltaic Inverter Market Forecast (2018-2023)

Figure Asia-Pacific Photovoltaic Inverter Market Forecast (2018-2023)

Figure China Photovoltaic Inverter Market Forecast (2018-2023)

Figure Japan Photovoltaic Inverter Market Forecast (2018-2023)

Figure Korea Photovoltaic Inverter Market Forecast (2018-2023)

Figure India Photovoltaic Inverter Market Forecast (2018-2023)

Figure Southeast Asia Photovoltaic Inverter Market Forecast (2018-2023)

Figure Rest of Asia-Pacific Photovoltaic Inverter Market Forecast (2018-2023)

Figure South America Photovoltaic Inverter Market Forecast (2018-2023)

Figure Brazil Photovoltaic Inverter Market Forecast (2018-2023)

Figure Argentina Photovoltaic Inverter Market Forecast (2018-2023)

Figure Columbia Photovoltaic Inverter Market Forecast (2018-2023)

Figure Rest of South America Photovoltaic Inverter Market Forecast (2018-2023)

Figure Middle East and Africa Photovoltaic Inverter Market Forecast (2018-2023)

Figure Saudi Arabia Photovoltaic Inverter Market Forecast (2018-2023)

Figure United Arab Emirates Photovoltaic Inverter Market Forecast (2018-2023)

Figure Egypt Photovoltaic Inverter Market Forecast (2018-2023)

Figure Nigeria Photovoltaic Inverter Market Forecast (2018-2023)

Figure South Africa Photovoltaic Inverter Market Forecast (2018-2023)

Figure Turkey Photovoltaic Inverter Market Forecast (2018-2023)

Figure Rest of Middle East and Africa Photovoltaic Inverter Market Forecast (2018-2023)

Figure Global Photovoltaic Inverter Forecast by Power Class (2018-2023)

Figure Global Photovoltaic Inverter Market Share Forecast by Power Class (2018-2023)

Figure Global Photovoltaic Inverter Forecast by Power Class (2018-2023)

Figure Global Photovoltaic Inverter Forecast by Nominal Output Power (2018-2023)

Figure Global Photovoltaic Inverter Market Share Forecast by Nominal Output Power (2018-2023)

Figure Global Photovoltaic Inverter Forecast by Nominal Output Power (2018-2023)

Figure Global Photovoltaic Inverter Forecast by Nominal Output Voltage (2018-2023)

Figure Global Photovoltaic Inverter Market Share Forecast by Nominal Output Voltage (2018-2023)

Figure Global Photovoltaic Inverter Forecast by Nominal Output Voltage (2018-2023)

Figure Global Photovoltaic Inverter Forecast by Connectivity (2018-2023)

Figure Global Photovoltaic Inverter Market Share Forecast by Connectivity (2018-2023)

Figure Global Photovoltaic Inverter Forecast by Connectivity (2018-2023)

Figure Global Photovoltaic Inverter Forecast by Product (2018-2023)

Figure Global Photovoltaic Inverter Market Share Forecast by Product (2018-2023)

Figure Global Photovoltaic Inverter Forecast by Product (2018-2023)

Figure Global Photovoltaic Inverter Forecast by Application (2018-2023)

Figure Global Photovoltaic Inverter Market Share Forecast by Application (2018-2023)

Figure Global Photovoltaic Inverter Forecast by Application (2018-2023)


Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

data triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

License Type

For Any Assistance

*
*
*
*
*