Global Photovoltaic Inverter Market 2018-2022

Global Photovoltaic Inverter Market 2018-2022

  • April 2018 •
  • 135 pages •
  • Report ID: 5377722 •
  • Format: PDF
About Photovoltaic Inverter

The PV inverter is a device, which converts direct current (DC) from the solar panels in to alternative current (AC) of the required frequency.

Technavio’s analysts forecast the global photovoltaic inverter market to grow at a CAGR of 13.90% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global photovoltaic inverter market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
•Americas
•APAC
•EMEA

Technavio’s report, Global Photovoltaic Inverter Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
•ABB
•SMA Solar Technology
•OMRON Corporation
•Huawei
•TMEIC
•SUNGROW

Market driver
• Decline in LOCE of solar power generation and cost of solar inverters
• For a full, detailed list, view our report

Market challenge
• Intermittent nature of solar energy
• For a full, detailed list, view our report

Market trend
• Growing demand for polycrystalline solar panels
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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