1. Market Research
  2. > Manufacturing
  3. > Electronics Manufacturing Market Trends
  4. > Global Battery Market for Inverters 2015-2019

Global Battery Market for Inverters 2015-2019

  • October 2015
  • -
  • Infiniti Research Limited
  • -
  • 75 pages

Summary

Table of Contents

Search Inside

Market outlook of the global battery market for inverters

The rising incidences of power outages in developed and developing countries is driving the global battery market for inverters, which has resulted in a projected CAGR of close to 13% for the market during the forecast period. The market is spread across the Americas, the APAC, and the EMEA region, with APAC leading the market with over 50% of the overall market revenue as of 2014. Technavio’s market research analysts expect the APAC region to continue maintaining its leading position, followed by EMEA and the Americas through 2019.

The demand for inverters is expected to surge from the growing economies such as Indonesia, Malaysia, Thailand, Vietnam, and India due to the rising demand for sustainable power for residential and commercial sectors. This growing demand is likely to put forth a positive impact on the inverter battery market. The rising number of solar PV installations is also a key factor impacting the inverter battery market.

Segmentation of the global battery market for inverters by inverter type

Inverter systems use two types of batteries, namely:

Renewable inverter battery
Non-renewable inverter battery
As of 2014, the renewable inverter battery segment dominated the market with over 60% of the overall revenue, which is attributed to the higher capacity installation in the residential and non-residential sectors such as hospitals, government, SMEs, IT, and telecommunications that require a large number of battery units.

Competitive landscape and key vendors

The global inverter battery market is highly diversified with the presence of many international and domestic inverter battery providers. However, the market is vulnerable to technical and financial challenges, facilitating inorganic growth within the market, compelling vendors to seek strong partnerships with automotive, industrial, and commercial companies to maintain their position in the market and avoid becoming targets for acquisition.

Key Vendors in this market are -

East Penn Manufacturing
Eaton
EnerSys
Exide Technologies
HOPPECKE Batterien
Su-Kam Power Systems
Growth drivers, challenges, and upcoming trends: Battery market for inverters

Technavio’s market research analysts have analyzed upcoming trends such as the growing battery demand for non-renewable inverters. These inverters are in high demand in regions where power infrastructure is still unreliable and grid power is unavailable. To cater to the growing demands and bridge the demand-supply gap, governments and companies are looking at alternative renewable power sources such as solar and wind inverter systems, thus propelling the growth of the market.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the global battery market for inverters. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report include

What will the market size and the growth rate be in 2019?
What are the key factors driving the global battery market for inverters?
What are the key market trends impacting the growth of the global battery market for inverters?
What are the challenges to market growth?
Who are the key vendors in the global battery market for inverters?
What are the market opportunities and threats faced by the vendors in the global battery market for inverters?
What are the trending factors influencing the market shares of the APAC, EMEA, and the Americas?
What are the key outcomes of the five forces analysis of the global battery market for inverters?
Technavio also offers customization on reports based on specific client requirement.


Related reports

Global Solar PV Inverter Market: Research Scope 2015-2019
Global Battery Energy Storage Market for Renewables 2015-2019
Global Battery Market for Energy Storage in Telecom 2015-2019
Global Battery Market for UPS 2015-2019
Global Battery Market for ESS - Market Analysis 2015-2019

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Voltage Stabilizer System Market, Power Transmission and Distribution System, Communication Systems, and Consumer Electronics - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Voltage Stabilizer System Market, Power Transmission and Distribution System, Communication Systems, and Consumer Electronics - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

  • $ 5795
  • Industry report
  • January 2017
  • by Transparency Market Research

Global Voltage Stabilizer System Market: Overview Voltage Stabilizer System is an electrical appliance that is used to feed voltage constantly to various electrical devices like computers, ACs, refrigerators ...

Global Uninterruptible Power Supplies Market, 2016

Global Uninterruptible Power Supplies Market, 2016

  • $ 4950
  • Industry report
  • December 2016
  • by Frost & Sullivan

Demand from Data Centers Drives Growth in the European Union and the United States, while Ageing Infrastructure Drives Revenue in Other Regions The global UPS market is witnessing growth due to datacente ...

Opportunity in Uninterruptible Power Supply (UPS) in global market - 2017

Opportunity in Uninterruptible Power Supply (UPS) in global market - 2017

  • $ 4500
  • Industry report
  • March 2017
  • by Feedback Business Consulting

This report provides insight into the current market scenario, structure and practices. In depth market scenario includes: - Current market size estimate - Revenues by players - Top 5 Companies - Market ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.