Global String Inverter Industry

Global String Inverter Industry

  • July 2019 •
  • 228 pages •
  • Report ID: 5799731 •
  • Format: PDF
String Inverter market worldwide is projected to grow by US$2.

1 Billion, driven by a compounded growth of 7.9%. Single, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1.1 Billion by the year 2025, Single will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 9% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$98.2 Million to the region’s size and clout in the next 5 to 6 years. Over US$253.1 Million worth of projected demand in the region will come from other emerging Eastern European markets. In Japan, Single will reach a market size of US$115.7 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 7.6% over the next couple of years and add approximately US$362.4 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include among others, ABB Ltd. (India); CPS North America (USA); Delta Energy Systems (Germany) GmbH (Germany); Fronius International GmbH (Austria); Ginlong Technologies (China); Growatt New Energy Technology Co., Ltd. (China); Huawei Technologies Co., Ltd. (China); KACO New Energy GmbH (Germany); Samil Power Co., Ltd. (China); Schneider Electric Solar (Canada); SMA Solar Technology AG (Germany); SolarEdge Technologies, Inc. (Israel); Solarmax Group (Germany); Sungrow Power Supply Co., Ltd. (China); Yaskawa
- Solectria Solar (USA)