1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Renewable Energy
  5. > Solar Energy Market Trends
Global and China Photovoltaic Inverter Industry Report, 2016-2020

Global and China Photovoltaic Inverter Industry Report, 2016-2020

  • July 2016
  • 96 pages
  • ID: 512467

Summary

Table of Contents

As the core device of PV system, PV inverter can convert DC to AC. PV inverters are divided into on-grid inverters and off-grid inverters.

In 2015, the global PV inverter shipment hit 56.0GW, a year-on-year surge of 44.7%, mainly thanks to rapidlygrowing demand in the United States and China. The global PV inverter shipment is expected to be 66.0GW in 2016 and over 90GW in 2020.

China is a major PV inverter market in the world. In 2015, its PV inverter shipment reached 26.5GW, accounting for 47.3% globally and soaring by 99.2% over the previous year. In 2016-2020, China's PV inverter shipment is expected to show a CAGR of about 13.0%.

In recent years, PV inverter prices have shown a ceaselessdownward trend in the wake of the decline in PV power generation prices. In 2015, the average price of centralized inverter in China fell to 0.2 Yuan/W, and the string inverter price 0.5 Yuan/W or so. In the short term, the prices will keep dropping.

The development of PV inverters mainly relies on the construction of PV power plants. In 2015, Chinese PV power plants added 15.16 million kilowatts of installed capacity, of which ground PV power plants accounted for 90.6% and distributed PV power plants 9.4%. Distributed power plants can not only take advantage of the surface of buildings, but also act as effective interfaces between smart grid and micro grid, so they are encouraged by national policies; in 2020, the installed capacity will reach 70GW.

World renownedPV inverter manufacturers include Germany-based SMA, Switzerland-based ABB, Israel-based SolarEage, Japan-based TMEIC, China-based Huawei, Sungrow Power Supply, TBEA, etc. In 2015, Huawei ranked first by PV inverter shipment, while SMA was the champion by sales.

CR5 of the highly concentrated Chinese PV inverter market was up to 81.9% in 2015. Wherein, Huawei ranked first in China with 30.2% market share.

SMA’s PV inverters have a wide power range from 700W to 1,120MW. In 2015, its PV inverter shipment amounted to 7.3GW, representing a 43.7% increase over the same period of last year.
Huawei entered the PV field in 2012 and became the largest PV inverter manufacturer by shipment in China and the world in 2015. In January 2016, the company decided to cooperate with Sino-American Silicon Products Inc. in the field of solar PV inverters.
Sungrow Power Supply Co., Ltd. shipped 8.9GW of PV inverters in 2015, including 7.73GW in China. In May 2016, it launched China's first integrated medium-voltage system -- 3MW SG3000HV-MV box-type medium-voltage inverter in Shanghai.
Shenzhen KSTAR Science and Technology Co., Ltd. decided to set up Anhui Kstar Science and Technology Co., Ltd. in June 2016, and planned to build at least 300MW PV inverter and electric vehicle charging facilities as well.

Global and China Photovoltaic Inverter Industry Report, 2016-2020 by ResearchInChina mainly cover the followings:
Market size, market structure, supply and demand, market prices and competitive landscape of the global PV inverter industry;
Market environments, market size, supply and demand, market structure, market prices, competitive landscape and development factors of China PV inverter industry;
Market overview, market size and market structure of main PV inverter upstream industries (IGBT, transformer, integrated circuit, resistor, capacitor, etc.) and downstream applications (PV power plants, etc.);
Operation, layout in China, revenue structure and PV inverter business of 12 foreign and 17 Chinese PV inverter companies.

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
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Nicolas helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global String Inverters Market 2017-2021

String Inverters Sector: Worldwide Forecast until 2021

  • $ 3500
  • Industry report
  • April 2017
  • by Infiniti Research Limited

About String InvertersThe global string inverters market is expected to grow at a steady rate during the forecast period. The primary applications that are driving the growth of string inverter systems ...

PV Micro Inverters Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 - 2022

PV Micro Inverters Industry: Forecasts to 2022

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

Global PV Micro Inverters Market: OverviewThe significant rise in the need for continuous supply of electricity has fueled the demand for PV micro inverters across the world. This research report presents ...

Global Solar Charge Controllers Market 2017-2021

Solar Charge Controllers Sector: Worldwide Forecast until 2021

  • $ 3500
  • Industry report
  • May 2017
  • by Infiniti Research Limited

About Solar Charge Controllers A solar charge controller is an electronic device that regulates the rate of current flow to and from electric batteries to prevent overcharging and damage due to overvoltage. ...


Download Unlimited Documents from Trusted Public Sources

Inverter Industry in New Zealand

  • December 2017
    106 pages
  • Photovoltaics  

    Solar Inverter  

    Inverter  

  • New Zealand  

    Oceania  

View report >

Solar Inverter Industry in the US

  • November 2017
    6 pages
  • Solar Inverter  

    Photovoltaics  

    Inverter  

  • United States  

View report >

Solar Inverter Industry

  • November 2017
    8 pages
  • Solar Inverter  

    Inverter  

View report >

Related Market Segments :

Solar Inverter

Photovoltaics

ref:plp2016

Reportlinker.com © Copyright 2018. All rights reserved.

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