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Global Solar PV Inverter Market 2015-2019

  • September 2015
  • -
  • Infiniti Research Limited
  • -
  • 100 pages

About solar PV inverters
A PV inverter is a device that converts direct current from solar panels into alternate current of the required frequency, which is then supplied to the electric grid. This device uses the maximum power point tracking (MPPT) technique to extract the maximum amount of power from an array of solar panels. Though it functions just as a simple converter, a PV inverter is the most essential part of a solar power plant.
Solar PV inverters are essential component of the solar PV systems and account for 10-15% of the overall cost. Solar inverter technologies are being rapidly developed and more sophisticated features such as remote monitoring and optimization are being integrated into the inverters. Factors such as quality, reliability, and efficiency are important purchase parameters of the inverters.

Technavio's analysts forecast the global solar PV inverter market to grow at a CAGR of 14.86% in terms of revenue and 21.53% in terms of annual installed capacity over the period 2014-2019.

Covered in this report
The report includes the present scenario and the growth prospects of global solar PV inverter market for the period 2015-2019. The market can be segmented into three divisions: technology, application, and geography.
Technavio's report, Global Solar PV Inverter Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the key vendors operating in this market.


Key regions
- Americas
- APAC
- EMEA
Key Vendors
- ABB
- Omron
- SMA
- Sungrow
- TMEIC
Other prominent vendors

- Bonfiglioli Riduttori
- Danfoss Solar Inverter
- Eaton
- Emerson Electric
- Enphase Energy
- Fronius International
- GE
- Jiangsu Zeversolar New Energy
- Mitsubishi Electric
- Proniso
- REFUsol
- Riello
- Siemens
- TDK
- Toshiba
Market driver
- Growth in global PV installations and increase in solar energy consumption
- For a full, detailed list, view our report
Market challenge
- Seasonal fluctuation of solar power availability
- For a full, detailed list, view our report
Market trend
- Increased need to reduce carbon emissions
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 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?

Table Of Contents

Global Solar PV Inverter Market 2015-2019
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Overview of the solar PV industry
Global solar PV inverter industry overview 2014
PART 05: Market landscape
Market overview
Market size and forecast by annual installed capacity
Market size and forecast by revenue
Emerging market players
Top solar PV inverter products in 2014
Five forces analysis
PART 06: Market segmentation by technology
Global solar PV inverter market by technology 2014
Global solar PV inverter market by technology 2019
Global solar PV inverter market by technology 2014-2019
Central inverters in the global solar PV inverter market
String inverters in the global solar PV inverter market
Microinverters in the global solar PV inverter market
PART 07: Market segmentation by application
Global solar PV inverter market by application 2014
Global solar PV inverter market by application 2019
Global solar PV inverter market by application 2014-2019
Global solar PV inverter market by utility scale (>500kW) segment
Large commercial-scale solar PV inverters segment (100kW-499kW)
Small commercial-scale solar PV inverters segment (10kW-99kW)
Residential-scale solar PV inverters segment ( Global solar PV inverter market by industrial scale inverters segment
PART 08: Geographical segmentation
Geographical segmentation 2014
Geographical segmentation 2019
Geographical segmentation by annual installed capacity 2014-2019
Geographical segmentation by revenue 2014-2019
Solar PV inverter market in EMEA by annual installed capacity
Solar PV inverter market in EMEA by revenue
Solar PV inverter market in APAC by annual installed capacity
Solar PV inverter market in APAC by revenue
Solar PV inverter market in Americas by annual installed capacity
Solar PV inverter market in Americas by revenue
PART 09: Key leading countries
China
Japan
US
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
Competitive scenario
Other prominent vendors
PART 16: Key vendor analysis
ABB
OMRON
SMA
Sungrow
TMEIC
PART 17: Appendix
List of abbreviation
PART 18: Explore Technavio

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global solar PV total installed capacity 2004-2014 (GW)
Exhibit 03: Solar PV capacity and additions - leading countries 2014
Exhibit 04: Market segmentation
Exhibit 05: On/off-grid type solar PV inverter
Exhibit 06: Micro solar PV inverter
Exhibit 07: Global solar PV inverter market 2014-2019 (GW)
Exhibit 08: Global solar PV inverter market 2014-2019 ($ billions)
Exhibit 09: Five forces analysis
Exhibit 10: Global solar PV inverter market by technology 2014
Exhibit 11: Global solar PV inverter market by technology 2019
Exhibit 12: Global solar PV inverter market by technology 2014-2019
Exhibit 13: Central inverters in the global solar PV inverter market (GW)
Exhibit 14: String inverters in the global solar PV inverter market (GW)
Exhibit 15: Microinverters in the global solar PV inverter market (GW)
Exhibit 16: Global solar PV inverter market by application 2014
Exhibit 17: Global solar PV inverter market by application 2019
Exhibit 18: Global solar PV inverter market by on-grid segment (GW)
Exhibit 19: Large commercial-scale solar PV inverters segment (GW)
Exhibit 20: Small commercial-scale solar PV inverters segment (GW)
Exhibit 21: Residential-scale solar PV inverters segment (GW)
Exhibit 22: Global solar PV inverter market by battery back-up inverters segment (GW)
Exhibit 23: Geographical segmentation 2014
Exhibit 24: Geographical segmentation 2019
Exhibit 25: Geographical segmentation by annual installed capacity 2014-2019
Exhibit 26: Geographical segmentation by revenue 2014-2019
Exhibit 27: Solar PV inverter market in EMEA by annual installed capacity (GW)
Exhibit 28: Solar PV inverter market in EMEA by revenue ($ billions)
Exhibit 29: Solar PV inverter market in APAC by annual installed capacity (GW)
Exhibit 30: Solar PV inverter market in APAC by revenue ($ billions)
Exhibit 31: Solar PV inverter market in Americas by annual installed capacity (GW)
Exhibit 32: Solar PV inverter market in Americas by revenue ($ billions)
Exhibit 33: Key leading countries in 2014
Exhibit 34: Key leading countries in global solar PV inverter market
Exhibit 35: Solar PV inverter installation trends in China 2005-2014 (GW)
Exhibit 36: Solar PV inverter installation trends in Japan 2005-2014 (GW)
Exhibit 37: Annual PV inverter additions in 2014 by top 10 States in the US (GW)
Exhibit 38: Solar PV inverter installation trends in US 2005-2014 (GW)
Exhibit 39: Global solar power consumption (TWh)
Exhibit 40: Impact of drivers
Exhibit 41: Impact of drivers and challenges
Exhibit 42: ABB: business segmentation by revenue 2014
Exhibit 43: ABB: business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 44: ABB: geographical segmentation by revenue 2014
Exhibit 45: Omron: Business segmentation by revenue 2015
Exhibit 46: Omron: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 47: Omron: Geographical segmentation by revenue 2015
Exhibit 48: Sungrow: Product segmentation
Exhibit 49: Sungrow: Product segmentation by revenue 2014
Exhibit 50: Sungrow: Geographical segmentation by revenue 2014
Exhibit 51: TMEIC: Product categories

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