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Analysis of the Global Non-renewable Inverter Market : Growth in Asia-Pacific Propels the Market

  • March 2015
  • -
  • Frost & Sullivan
  • -
  • 106 pages

Summary

Table of Contents

Key Findings

•The non-renewable inverter market is highly mature with intense competition, thereby making it highly fragmented.
•The market has shown a much better economic recovery in 2014.
•Asia-Pacific (APAC) has the highest revenue, whereas the growth trend is close for all regions worldwide.

CEO’s Perspective

Growth in the non-renewable inverter/charger segment is outpacing the non-renewable power inverter segment.
Asian companies highly influence the global market.
Manufacturers are seeking opportunities in markets outside of industrial verticals.
APAC and Rest of World (ROW) are expected to provide avenues for growth.

Market Definitions

Non-renewable Power Inverter Definition

•A power inverter is used to convert low voltage direct current (DC) to usable alternating current (AC).
•With a power inverter, essential household or electrical appliances such as lights, televisions, power tools, and kitchen necessities can be made operational from any low-powered DC source such as a car, boat, or truck.

Non-renewable Inverter/Charger Definition
•In addition to performing all the functions of a non-renewable power inverter, a non-renewable inverter/charger is connected to an AC source, thereby continuously charging a user-defined, attached battery bank. As long as AC power is available, the battery bank charges itself. In the event of an outage, the batteries discharge to the appliances that are connected to the inverter/charger.
•In regions where grid power is unreliable, an inverter/charger is commonly used to sustain the basic needs of households or businesses during the power outage.

•This research service covers x major regions: North America (the United States and Canada), Europe, APAC (includes China, India, Japan, South Korea, and Australia), and ROW (includes Mexico, South America, Africa, and Middle Eastern countries).
•A single unit refers to one complete power inverter.
•Prices are factory level.
•This research service captures manufacturer revenue for the market.

Key Questions This Study Will Answer

Is the market growing, how long will it continue to grow, and at what rate?
Are the existing competitors structured correctly to meet customer needs?
Is this an industry or a market? Will these companies/products/services continue to exist, or will other companies acquire them? Will the products/services become features in other markets?
How will the structure of the market change with time? Is the market ripe for acquisitions?
Are the products/services offered today meeting customer needs or is additional development needed?

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