Pune, May 31, 2022 (GLOBE NEWSWIRE) -- Based on an in-depth analysis of key industry players, primary and secondary data, the "PV Inverter" Market study covers the entire industry landscape, from driving factors to upstream markets.
A solar inverter, or converter or PV inverter, converts the variable direct current (DC) output of a photovoltaic (PV) solar panel into a utility frequency alternating current (AC) that can be fed into a commercial electrical grid or used by a local, off-grid electrical network. It is a critical balance of system component in a photovoltaic system, allowing the use of ordinary AC-powered equipment. Solar power inverters have special functions adapted for use with photovoltaic arrays, including maximum power point tracking and anti-islanding protection. According to latest analysis by researcher, the global PV inverter market is projected to climb to USD 12,648 million by 2028-end, progressing at a CAGR of 4.1% during 2022-2028.
Moreover, it helps new businesses perform a positive assessment of their business plans because it covers a range of topics market participants must be aware of to remain competitive.
Report identifies various key players in the market and sheds light on their strategies and collaborations to combat competition. The comprehensive report provides a two-dimensional picture of the market. By knowing the global revenue of manufacturers, the global price of manufacturers, and the production by manufacturers during the forecast period of 2022 to 2027, the reader can identify the footprints of manufacturers in the industry.
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As well as providing an overview of successful marketing strategies, market contributions, and recent developments of leading companies, the report also offers a dashboard overview of leading companies' past and present performance. Several methodologies and analyses are used in the research report to provide in-depth and accurate information about the PV Inverter market.
For a clearer understanding, it is divided into several parts to cover different aspects of the market. The aim of this report is to give people a better understanding of the market and to make them more apprehensive.
The Major Players in the PV Inverter Market include:
- Huawei
- Sungrow Power
- SMA
- Power Electronics
- FIMER
- SiNENG
- GoodWe
- SolarEdge Technologies
- Ingeteam
- TBEA
- KSTAR
- Growatt
- Siemens (KACO)
- Delta Energy Systems
- GinLong
- Fronius
- Schneider Electric
- SOFARSOLAR
- Darfon Electronics
- Powerone Micro System
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The current market dossier provides market growth potential, opportunities, drivers, industry-specific challenges and risks market share along with the growth rate of the global PV Inverter market. The report also covers monetary and exchange fluctuations, import-export trade, and global market
status in a smooth-tongued pattern. The SWOT analysis, compiled by industry experts, Industry Concentration Ratio and the latest developments for the global PV Inverter market share are covered in a statistical way in the form of tables and figures including graphs and charts for easy understanding.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
By type:
- String Inverter
- Central Inverter
- Microinverters
By Application:
- Residential
- Business
- Public Utilities
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The PV Inverter Market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2016-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in PV Inverter business, the date to enter into the PV Inverter market, PV Inverter product introduction, recent developments, etc.
By Region:
- Asia-Pacific
- Europe
- North America
- Middle East and Africa (MEA)
- Latin America
Research Objective:
- To analyze and forecast the market size of the global PV Inverter market.
- To classify and forecast the global PV Inverter market based on application.
- To identify drivers and challenges for the global PV Inverter market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global PV Inverter market.
- To conduct pricing analysis for the global PV Inverter market.
- To identify and analyze the profile of leading players operating in the global PV Inverter market.
Some of the key questions answered in this report:
- How the competition goes in the future related to PV Inverter?
- Which is the most leading country in the world?
- Which country is No 1 in world 2022?
- What is meant by PV Inverter market industry?
- What was the purpose of the PV Inverter market?
- What are the PV Inverter market opportunities and threats faced by the vendors in the global PV Inverter Industry?
- Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
- What focused approach and constraints are holding the PV Inverter market?
- What are the different sales, marketing, and distribution channels in the global industry?
- What are the upstream raw materials and manufacturing equipment of PV Inverter along with the manufacturing process of Acetonitrile?
- What are the key market trends impacting the growth of the PV Inverter market?
- Economic impact on the PV Inverter industry and development trend of the PV Inverter industry.
- What are the market opportunities, market risk, and market overview of the PV Inverter market?
- What are the key drivers, restraints, opportunities, and challenges of the PV Inverter market, and how they are expected to impact the market?
- What is the PV Inverter market size at the regional and country-level?
- How do you find your target audience?
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With tables and figures helping analyse worldwide Global PV Inverter market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Table of Contents:
PART 1. INTRODUCTION
· Report description
· Objectives of the study
· Market segment
· Years considered for the report
· Currency
· Key target audience
PART 2. METHODOLOGY
PART 3. EXECUTIVE SUMMARY
PART 4. MARKET OVERVIEW
· Introduction
· Drivers
· Restraints
· Impact of COVID-19 pandemic
PART 5. MARKET BREAKDOWN BY PRODUCT
· Central inverter
· Microinverter
· String inverter
PART 6. MARKET BREAKDOWN BY POWER RANGE
· Less than 10kW
· 10-100 kW
· 100-1000 kW
· Above 1000 kW
PART 7. MARKET BREAKDOWN BY GRID CONNECTIVITY
· On-grid
· Off-grid
PART 8. MARKET BREAKDOWN BY END USER
· Utility
· Commercial
· Residential
PART 9. MARKET BREAKDOWN BY REGION
· North America
· Asia Pacific
· Europe
· Rest of the World (ROW)
PART 10. KEY COMPANIES
· Fimer Spa
· Ginlong Technologies Co., Ltd.
· Huawei Technologies Co., Ltd.
· Jiangsu GoodWe Power Supply Technology Co., Ltd.
· Kehua Hengsheng Co., Ltd.
· Power Electronics S.L.
· Shenzhen Growatt New Energy Technology Co., Ltd.
· Shenzhen KSTAR Science and Technology Co., Ltd.
· Sineng Electric Co., Ltd.
· SMA Solar Technology AG
· SolarEdge Technologies, Inc.
· Sungrow Power Supply Co., Ltd.
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