The research analyzes the competitive landscape, key trends, purchase criteria, pricing, human resources, major issues and growth opportunities in the Europe PV inverter industry . This market research report identifies potential hotspots for PV inverters in Europe and analyzes growth opportunities in emerging industry s. This market research report provides detailed analysis and revenue projections for key countries namely Germany, Spain, Italy, France and the UK. This coupled with elaborate profiles of key industry participants and information on important deals provides a comprehensive understanding of the industry ’s competitive scenario.

Scope of the Research

The report analyses industry opportunities and challenges for Photo voltaic (PV) inverter manufacturers in the global arena. Its scope includes
- Detailed qualitative analysis of the industry scenario, revenue and cost drivers, growth opportunities, competitive landscape, purchase criteria and technological developments
- Annualized industry revenues data from 2001 to 2008, projection forward to 2015
- Analysis of key regions covering countries such as Germany, Spain, Italy, France, and Rest of Europe
- Analysis of the industry scenario by grid connectivity
- Elaborate profiles of major industry participants. Key industry players include SMA Solar Technology AG, Siemens AG, Fronius International GmbH, and Sputnik Engineering AG
- Policy and regulatory framework governing the industry
- Data sourced from proprietary database and extensive primary interviews with key participants across the value chain

Why Should You Get This Report?

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to:
- Identify key growth and investment opportunities in the Europe PV inverter industry
- Identify key partners and business development avenues
- Position yourself to gain the maximum advantage of the market ’s growth potential
- Identify key strengths and weaknesses of important industry participants
- Respond to your competitors’ business structure, strategy and prospects
- Facilitate decision-making based on strong historic and projection data
- Do deals with an understanding of how mergers and take over s have shaped the industry

Table Of Contents

1 Table of Contents
1 Table of Contents 3
1.1 List of Tables 7
1.2 List of Figures 9
2 Technology Analysis 10
2.1 Technology Definition 10
2.1.1 What is a Solar PV inverter? 10
2.2 Application of Solar PV Inverters 10
2.3 Benefits of Solar PV Inverters 11
3 Europe PV Inverter March ket Analysis 12
3.1 Europe PV Inverter March ket, March ket Characteristics 12
3.2 Europe PV Inverter March ket, March ket Forces Analysis 13
3.2.1 Europe PV Inverter March ket, Key Drivers 14
3.2.2 Europe PV Inverter March ket, Key Restraints and Challenges 16
3.3 Europe PV Inverter March ket, Purchase Criteria for End-users 18
3.4 Europe PV Inverter March ket, SWOT 19
3.5 Europe PV Inverter March ket, Porter’s Diamond 20
4 Europe PV Inverter March ket, Historical and Projection Revenues 21
4.1 Europe Solar PV Power March ket, Size and Growth, from 2001 to 2015 21
4.2 Europe PV Inverter March ket, Historical and Projection Revenues, from 2001 to 2015 22
4.3 Europe PV Inverter March ket, Historical and Projection Revenues by Grid Connectivity 23
4.4 Europe PV Inverter March ket, Historical and Projection Revenue Split by Country, from 2001 to 2015 24
4.4.1 Past Hotspot 26
4.4.2 Present Hotspots 26
4.4.3 Future Hotspots 26
4.5 Europe PV Inverter March ket, March ket Share by Sales in MW, 2008 26
5 Key Countries Analysis - Germany 28
5.1 Germany Solar PV Power March ket, Size and Growth, 2001-15 28
5.2 Germany Solar PV Inverter March ket, Historical and Projection Revenues, from 2001 to 2015 30
5.3 Germany PV Inverter March ket, Revenues by Grid Connectivity, from 2001 to 2008 31
5.4 Germany Solar PV March ket, Major Policies Influencing PV Inverters March ket 32
5.4.1 EEG 2009, Solar Incentives 32
5.4.2 Investment Incentives 33
5.4.3 Operational Incentives 34
6 Key Countries Analysis - Spain 35
6.1 Spain Solar PV Power March ket, Size and Growth, 2001-15 35
6.2 Spain Solar PV Inverter March ket, Historical and Projection Revenues, from 2001 to 2015 36
6.3 Spain PV Inverter March ket, Revenues by Grid Connectivity, from 2001 to 2008 38
6.4 Spain Solar PV March ket, Major Policies Influencing PV Inverters March ket 38
6.4.1 Royal December ree 1578/2008 38
6.4.2 Tax Credit 39
7 Key Countries Analysis - Italy 40
7.1 Italy Solar PV Power March ket, Size and Growth, from 2001 to 2015 40
7.2 Italy Solar PV Inverter March ket, Historical and Projection Revenues, from 2001 to 2015 41
7.3 Italy PV Inverter March ket, Revenues by Grid Connectivity, from 2001 to 2008 43
7.4 Italy Solar PV March ket, Major Policies Influencing PV Inverters March ket 44
7.4.1 Italy, Feed-in Tariff Law 44
7.4.2 Net Metering Law 45
8 Key Countries Analysis - France 46
8.1 France Solar PV Power March ket, Size and Growth, from 2001 to 2015 46
8.2 France Solar PV Inverter March ket, Historical and Projection Revenues, from 2001 to 2015 47
8.3 France PV Inverter March ket, Revenues by Grid Connectivity, from 2001 to 2008 49
8.4 France Solar PV March ket, Major Policies Influencing PV Inverters March ket 49
8.4.1 Feed-in Tariff 49
9 Emerging Countries Analysis - Czech Republic 51
9.1 Czech Republic Solar PV Power March ket, Size and Growth, 2001-15 51
9.2 Czech Republic Solar PV March ket, Major Policies Influencing PV Inverters March ket 53
10 Emerging Countries Analysis - Portugal 55
10.1 Portugal Solar PV Power March ket, Size and Growth, from 2001 to 2015 55
10.2 Portugal Solar PV Inverter March ket, Historical and Projection Revenues, from 2001 to 2015 56
10.3 Portugal Solar PV March ket, Major Policies Influencing PV Inverters March ket 58
10.3.1 Feed-in Tariff 58
11 Emerging Countries Analysis - Greece 60
11.1 Greece Solar PV Power March ket, Size and Growth, 2001-15 60
11.2 Greece Solar PV Inverter March ket, Historical and Projection Revenues, from 2001 to 2015 62
11.3 Greece PV Inverter March ket, Revenues by Grid Connectivity, from 2001 to 2008 63
11.4 Greece Solar PV March ket, Major Policies Influencing PV Inverters March ket 64
11.4.1 New Feed-in Tariff Scheme 64
11.4.2 Financial Incentives 65
12 Emerging Countries Analysis - Bulgaria 67
12.1 Bulgaria Solar PV Power March ket, Size and Growth, from 2001 to 2015 67
12.2 Bulgaria Solar PV Inverter March ket, Historical and Projection Revenues, from 2001 to 2015 68
12.3 Bulgaria Solar PV March ket, Major Policies Influencing PV Inverters March ket 69
12.3.1 Feed-in Tariff 69
13 SMA Solar Technology AG, Firms Snapshot 71
13.1 Corporate Presentation 71
13.2 Key Facts 71
13.3 Inverter Sales, Historical and Projection , 2006 - 2012 72
13.4 Inverter Products 73
13.5 Key Competitors 74
13.6 Locations And Subsidiaries 74
13.6.1 Head Office 74
13.6.2 Other Locations and Subsidiaries 75
14 KACO new energy GmbH, Firms Snapshot 76
14.1 Key Facts 76
14.2 Inverter Sales, Historical and Projection , 2006 - 2012 76
14.3 Inverter Products 77
14.4 Key Competitors 78
14.5 Locations And Subsidiaries 78
14.5.1 Head Office 78
15 Fronius International GmbH, Firms Snapshot 79
15.1 Corporate Presentation 79
15.2 Key Facts 79
15.3 Inverter Sales, Historical and Projection , 2006 - 2012 79
15.4 Inverter Products 80
15.5 Key Competitors 80
15.6 Locations And Subsidiaries 80
15.6.1 Head Office 80
15.6.2 Other Locations and Subsidiaries 81
16 Siemens AG, Firms Snapshot 82
16.1 Corporate Presentation 82
16.2 Key Facts 82
16.3 Inverter Sales, Historical and Projection , 2006 - 2012 83
16.4 Inverter Products and Services 84
16.5 Key Competitors 84
16.6 SWOT 85
16.6.1 SWOT - Overview 85
16.6.2 Siemens AG - Strengths (SWOT Analysis) 85
16.6.3 Siemens AG - Weaknesses (SWOT Analysis) 86
16.6.4 Siemens AG - Opportunities (SWOT Analysis) 87
16.6.5 Siemens AG - Threats (SWOT Analysis) 88
16.7 Locations And Subsidiaries 89
16.7.1 Head Office 89
16.7.2 Other Locations and Subsidiaries 89
17 Sputnik Engineering AG, Firms Snapshot 98
17.1 Corporate Presentation 98
17.2 Key Facts 98
17.3 Inverter Sales, Historical and Projection , 2006 - 2012 98
17.4 Inverter Products 99
17.5 Key Competitors 99
17.6 Locations And Subsidiaries 99
17.6.1 Head Office 99
18 Ingeteam Corporacion, S.A., Firms Snapshot 100
18.1 Corporate Presentation 100
18.2 Key Facts 100
18.3 Inverter Sales, Historical and Projection , 2006 - 2012 100
18.4 Inverter Productsa 101
18.5 Key Competitors 101
18.6 Locations And Subsidiaries 102
18.6.1 Head Office 102
18.6.2 Other Locations and Subsidiaries 102
19 Power-One, Inc., Firms Snapshot 104
19.1 Corporate Presentation 104
19.2 Key Facts 104
19.3 Inverter Sales, Historical and Projection , 2006 - 2012 105
19.4 Key Competitors 105
19.5 Locations And Subsidiaries 105
19.5.1 Head Office 105
19.5.2 Other Locations and Subsidiaries 106
20 Elettronica Santerno S.p.A., Firms Snapshot 108
20.1 Corporate Presentation 108
20.2 Key Facts 108
20.3 Inverter Sales, Historical and Projection , 2006 - 2012 108
20.4 Major Products 109
20.5 Key Competitors 109
20.6 Locations And Subsidiaries 109
20.6.1 Head Office 109
21 KOSTAL Solar Electric GmbH, Firms Snapshot 110
21.1 Corporate Presentation 110
21.2 Key Facts 110
21.3 Inverter Sales, Historical and Projection , 2007 - 2012 110
21.4 Inverter Products 111
21.5 Key Competitors 111
21.6 Locations And Subsidiaries 111
21.6.1 Head Office 111
22 Schneider Electric SA, Firms Snapshot 112
22.1 Corporate Presentation 112
22.2 Key Facts 112
22.3 Inverter Sales, Historical and Projection , 2006 - 2012 112
22.4 Major Products and Services 113
22.5 Key Competitors 114
22.6 Locations And Subsidiaries 115
22.6.1 Head Office 115
22.6.2 Other Locations and Subsidiaries 116
23 Appendix 117
23.1 Methodology 117
23.1.1 Coverage 117
23.1.2 Secondary Research 118
23.1.3 Primary Research 118
23.1.4 Expert Panel Validation 118
23.2 Contact Us 118
23.3 Disclaimer 119

1.1 List of Tables
Table 1: Europe PV Inverter March ket, March ket Characteristics, from 2009 to 2015 13
Table 2: Europe PV Inverter March ket, Feed-in Tariff Rates, 2009 15
Table 3: Europe PV Inverter March ket, Key Support Schemes 16
Table 4: Europe Solar PV March ket, Time Period to Authorize and Connect a Large PV System 18
Table 5: Europe Solar PV March ket, Time Period to Authorize and Connect a Small / BIPV System 18
Table 6: Europe Solar PV Power March ket, Historical and Projection Installed Capacity(MW)
from 2001 to 2015 22
Table 7: Europe Solar PV Inverter March ket, Historical and Projection Revenues 23
Table 8: Europe Solar PV Inverter March ket, Revenues by Grid Connectivity, from 2001 to 2008 24
Table 9: Europe PV Inverter March ket, Historical and Projection Revenue Split by Country (%)
from 2001 to 2015 25
Table 10: Global PV Inverters March ket, March ket Share by Sales in MW, 2008 27
Table 11: Europe PV Inverters March ket, March ket Share by Sales in MW, 2008 28
Table 12: Germany Solar PV March ket, Historical and Projection Installed Capacity(MW) from 2001 to 2015 30
Table 13: Germany Solar PV Inverter March ket, Historical and Projection Revenues 31
Table 14: Germany Solar PV Inverter March ket, Revenues by Grid Connectivity, from 2001 to 2008 32
Table 15: Germany Solar PV March ket, Digression Rates for Feed-In Tariffs, from 2008 to 2011 32
Table 16: Germany Solar PV March ket, Sliding Scale for Digression Rates, from 2008 to 2011 33
Table 17: Germany Solar PV March ket, Feed-in Tariffs for Rooftop Systems, (cents/kWh), from 2008 to 2015 33
Table 18: Germany Solar PV March ket, Feed-in Tariffs for Ground-mounted Installations, (cents/kWh), from 2008 to 2015 33
Table 19: Spain Solar PV March ket, Historical and Projection Installed Capacity(MW) from 2001 to 2015 36
Table 20: Germany Solar PV Inverter March ket, Historical and Projection Revenues 37
Table 21: Spain Solar PV Inverter March ket, Revenues by Grid Connectivity, from 2001 to 2008 38
Table 22: Spain Solar PV Inverter March ket, Feed-in Tariffs Under Royal December ree 1578/2008, (€.kWh) 39
Table 23: Spain, Tax Rebate, By Year 39
Table 24: Italy Solar PV March ket, Historical and Projection Installed Capacity(MW) from 2001 to 2015 41
Table 25: Italy Solar PV Inverter March ket, Historical and Projection Revenues 43
Table 26: Italy Solar PV Inverter March ket, Revenues by Grid Connectivity, from 2001 to 2008 44
Table 27: Italy Solar PV Inverter March ket, Solar Feed-in-Tariff, EUR / KWh, from 2008 to 2009 44
Table 28: France Solar PV March ket, Historical and Projection Installed Capacity(MW) from 2000 to 2015 47
Table 29: France Solar PV Inverter March ket, Historical and Projection Revenues($ mn) from 2001 to 2015 48
Table 30: France Solar PV Inverter March ket, Revenues by Grid Connectivity, from 2001 to 2008 49
Table 31: France PV Inverter March ket, FIT Rates($/kWh) from 2009 to 2011 50
Table 32: Czech Republic Solar PV March ket, Historical and Projection Installed Capacity(MW)
from 2000 to 2015 52
Table 33: Czech Republic Solar PV March ket, Historical and Projection Installed Capacity(MW)
from 2000 to 2015 52
Table 34: Czech Republic Solar PV Inverters March ket, Historical and Projection Revenues($ mn) from 2001 to 2015 53
Table 35: Portugal Solar PV March ket, Historical and Projection Installed Capacity(MW) from 2000 to 2015 56
Table 36: Portugal Solar PV Inverters March ket, Historical and Projection Revenues($ mn) from 2001 to 2015 58
Table 37: Portugal Solar PV March ket, Feed in Tariff, EUR cents / KWh, 2008 58
Table 38: Portugal Solar PV March ket, Feed in Tariff, EUR cents / KWh, 2009 58
Table 39: Greece Solar PV March ket, Historical and Projection Installed Capacity(MW) from 2000 to 2015 61
Table 40: Greece Solar PV Inverters March ket, Historical and Projection Revenues($ mn) from 2001 to 2015 63
Table 41: Greece Solar PV Inverter March ket, Revenues by Grid Connectivity, from 2001 to 2008 64
Table 42: Greece Solar PV March ket, New Greek Feed-in Tariff Levels for Solar PV (€/MWh), 2009 65
Table 43: Greece Solar PV March ket, Financial Incentives for Solar PV Installations in Greece, 2009 66
Table 44: Bulgaria Solar PV March ket, Historical and Projection Installed Capacity(MW) from 2000 to 2015 68
Table 45: Bulgaria Solar PV Inverter March ket, Historical and Projection Revenues($ mn) from 2001 to 2015 69
Table 46: Bulgaria Solar PV March ket, Feed-in Tariff System (€/kWh) 70
Table 47: SMA Solar Technology AG, Key Facts 71
Table 48: SMA Solar Technology AG, Inverter Sales, Historical and Projection , (MW), 2006 - 2012 72
Table 49: SMA Solar Technology AG, Inverter Products 73
Table 50: SMA Solar Technology AG, Subsidiaries 75
Table 51: KACO new energy GmbH, Key Facts 76
Table 52: KACO new energy GmbH, Inverter Sales, Historical and Projection , (MW), 2006 - 2012 76
Table 53: KACO new energy GmbH, Inverter Products 77
Table 54: Fronius International GmbH, Key Facts 79
Table 55: Fronius International GmbH, Inverter Sales, Historical and Projection , (MW), 2006 - 2012 80
Table 56: KACO new energy GmbH, Major Products and Services 80
Table 57: Fronius International GmbH, Other Locations 81
Table 58: Fronius International GmbH, Subsidiaries 81
Table 59: Siemens AG, Key Facts 82
Table 60: Siemens AG, Inverter Sales, Historical and Projection , (MW), 2006 - 2012 83
Table 61: Siemens AG, Inverter Products 84
Table 62: Siemens AG, Other Locations 89
Table 63: Siemens AG, Subsidiaries 90
Table 64: Sputnik Engineering AG, Key Facts 98
Table 65: Sputnik Engineering AG, Inverter Production, Historical and Projection , (MW), 2006 - 2012 99
Table 66: Ingeteam Corporacion, S.A., Key Facts 100
Table 67: Ingeteam Corporacion, S.A., Inverter Sales, Historical and Projection , (MW), 2006 - 2012 101
Table 68: Ingeteam Corporacion, S.A., Inverter Products 101
Table 69: Ingeteam Corporacion, S.A., Other Locations 102
Table 70: Ingeteam Corporacion, S.A., Subsidiaries 103
Table 71: Power-One, Inc., Key Facts 104
Table 72: Power-One, Inc., Inverter Sales, Historical and Projection , (MW), 2006 - 2012 105
Table 73: Power-One, Inc., Other Locations 106
Table 74: Power-One, Inc., Subsidiaries 106
Table 75: Elettronica Santerno S.p.A., Key Facts 108
Table 76: Elettronica Santerno S.p.A., Inverter Sales, Historical and Projection , (MW), 2006 - 2012 109
Table 77: KOSTAL Solar Electric GmbH, Key Facts 110
Table 78: KOSTAL Solar Electric GmbH, Inverter Sales, Historical and Projection , (MW),
2007 - 2012 111
Table 79: KOSTAL Solar Electric GmbH, Inverter Products 111
Table 80: Schneider Electric SA, Key Facts 112
Table 81: Schneider Electric SA, Inverter Sales, Historical and Projection , (MW), 2006 - 2012 113
Table 82: Schneider Electric SA, Major Products and Services 114
Table 83: Schneider Electric SA, Subsidiaries 116

1.2 List of Figures
Figure 1: Europe Solar PV Power March ket, Types of Solar PV Inverters 10
Figure 2: Europe Solar PV Power March ket, Applications of Solar PV Inverters 11
Figure 3: Europe Solar PV Power March ket, Advantages of Solar PV Inverters 11
Figure 4: Europe Solar PV Power March ket, March ket Forces Analysis 13
Figure 5: Europe Solar PV March ket, Time Period to Authorize and Connect a Large PV System 17
Figure 6: Europe Solar PV March ket, Time Period to Authorize and Connect a Small / BIPV System 18
Figure 7: Europe PV Inverter March ket, Purchase Criteria, 2009 19
Figure 8: Europe Solar PV Power March ket, SWOT 20
Figure 9: Europe Solar PV Power March ket, Porter’s Diamond 20
Figure 10: Europe Solar PV Power March ket, Historical and Projection Installed Capacity(MW)
from 2001 to 2015 21
Figure 11: Europe Solar PV Inverter March ket, Historical and Projection Revenues 23
Figure 12: Europe Solar PV Inverter March ket, Revenues by Grid Connectivity, from 2001 to 2008 24
Figure 13: Europe PV Inverter March ket, Historical and Projection Revenue Split by Country(%)
from 2001 to 2015 25
Figure 14: Global PV Inverters March ket, March ket Share by Sales in MW, 2008 27
Figure 15: Europe PV Inverters March ket, Major Manufacturers, Sales in MW, from 2008 to 2009 28
Figure 16: Germany Solar PV March ket, Historical and Projection Installed Capacity(MW) from 2001 to 2015 29
Figure 17: Germany Solar PV Inverter March ket, Historical and Projection Revenues 31
Figure 18: Germany Solar PV Inverter March ket, Revenues by Grid Connectivity, from 2001 to 2008 32
Figure 19: Spain Solar PV March ket, Historical and Projection Installed Capacity(MW) from 2001 to 2015 36
Figure 20: Spain Solar PV Inverter March ket, Historical and Projection Revenues 37
Figure 21: Spain Solar PV Inverter March ket, Revenues by Grid Connectivity, from 2001 to 2008 38
Figure 22: Italy Solar PV March ket, Historical and Projection Installed Capacity(MW) from 2001 to 2015 40
Figure 23: Italy Solar PV Inverter March ket, Historical and Projection Revenues 42
Figure 24: Italy Solar PV Inverter March ket, Revenues by Grid Connectivity, from 2001 to 2008 43
Figure 25: France Solar PV March ket, Historical and Projection Installed Capacity (MW) from 2000 to 2015 46
Figure 26: France Solar PV Inverter March ket, Historical and Projection Revenues($ mn) from 2001 to 2015 48
Figure 27: France Solar PV Inverter March ket, Revenues by Grid Connectivity, from 2001 to 2008 49
Figure 28: Czech Republic Solar PV March ket, Historical and Projection Installed Capacity (MW)
from 2000 to 2015 51
Figure 29: Czech Republic Solar PV Inverters March ket, Historical and Projection Revenues ($ mn) from 2001 to 2015 53
Figure 30: Portugal Solar PV March ket, Historical and Projection Installed Capacity(MW), from 2000 to 2015 56
Figure 31: Portugal Solar PV Inverters March ket, Historical and Projection Revenues($ mn) from 2001 to 2015 57
Figure 32: Greece Solar PV March ket, Historical and Projection Installed Capacity(MW) from 2000 to 2015 61
Figure 33: Greece Solar PV Inverters March ket, Historical and Projection Revenues($ mn) from 2001 to 2015 62
Figure 34: Greece Solar PV Inverter March ket, Revenues by Grid Connectivity, from 2001 to 2008 63
Figure 35: Bulgaria Solar PV March ket, Historical and Projection Installed Capacity(MW) from 2000 to 2015 67
Figure 36: Bulgaria Solar PV Inverter March ket, Historical and Projection Revenues($ mn) from 2001 to 2015 69
Figure 37: SMA Solar Technology AG, Inverter Sales, Historical and Projection , (MW), 2006 - 2012 72
Figure 38: KACO new energy GmbH, Inverter Sales, Historical and Projection , (MW), 2006 - 2012 76
Figure 39: Fronius International GmbH, Inverter Sales, Historical and Projection , (MW), 2006 - 2012 79
Figure 40: Siemens AG, Inverter Sales, Historical and Projection , (MW), 2006 - 2012 83
Figure 41: Sputnik Engineering AG, Inverter Sales, Historical and Projection , (MW), 2006 - 2012 98
Figure 42: Ingeteam Corporacion, S.A., Inverter Sales, Historical and Projection , (MW), 2006 - 2012 100
Figure 43: Power-One, Inc., Inverter Sales, Historical and Projection , (MW), 2006 - 2012 105
Figure 44: Elettronica Santerno S.p.A., Inverter Sales, Historical and Projection , (MW), 2006 - 2012 108
Figure 45: KOSTAL Solar Electric GmbH, Inverter Sales, Historical and Projection , (MW),
2007 - 2012 110
Figure 46: Schneider Electric SA, Inverter Sales, Historical and Projection , (MW), 2006 - 2012 112
Figure 47: Global March kets Direct Methodology 117

Companies mentioned
SMA Solar Technology AG
KACO new energy GmbH
Fronius International GmbH
Siemens AG
Sputnik Engineering AG
Ingeteam Corporacion, S.A.
Power-One, Inc
Elettronica Santerno S.p.A
KOSTAL Solar Electric GmbH
Schneider Electric SA

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