Solar Inverter 2017 Global Market Expected to Grow at CAGR of 15.65% and Forecast to 2023

“Global Solar Inverter Market 2017”
Wiseguyreports.Com Publish New Market Research Report On -“Solar Inverter Market 2017 Global Key Players Analysis, Opportunities, Size, Trends, Growth and Forecast 2023”

Solar Inverter Market 2017

A solar inverter is a common inverter but uses energy from the sun that is solar energy. This type of inverter aids in changing the DC into AC using solar power. The Solar Inverter is an essential device and its basic function of the inverter is to change the variable Direct Current output of the solar panels into Alternating Current. There are a few types of solar inverters available in the market which includes Micro Inverters, String Inverters and Central Inverter. 

Growing awareness towards the use of renewable energy sources across the world that have led to the large-scale adoption of solar photovoltaic (PV) installations. The rising affordability of energy storage devices creates ample opportunities for the market. Moreover, Government also setting targets and introducing polices for promoting renewable energy as well as to reduce carbon emissions. Increasing awareness regarding fossil fuel conservation and clean fuel demand will complement the industry growth. However, the market also faces certain challenges such as high cost of solar inverter and high maintenance cost and others as well. 

 

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The Global Solar Inverter Market Is Expected To Grow At 15.65% CAGR During The Forecast Period.

In 2016, the market was led by Asia-Pacific, with a 49.6 % share, followed by Europe and North America with shares of 35.0% and 12.3%, respectively. Solar inverter market is segmented into type, system type, end user and region wise. On the basis of type, Central type accounted for the largest market share of 45.12% in 2016 and is projected to grow at a CAGR of 15.31% during the forecast period. On the basis of system type, it is segmented into on-grid and off-grid. On-grid accounted for the largest market share and expected to grow at a CAGR of 15.86 %. On the basis of end user, utilities accounted for the largest market share of 40.10% in 2016. Solar inverter has great scope in Asia-Pacific region due to increasing demand for energy and identified as the best replacement to other conventional fossil fuel energy sources and is used to reduce carbon emission by effectively meeting the electricity needs.

Key Players 
ABB Ltd (Switzerland), SMA Solar Technology AG (Germany), Canadian Solar Inc. (Canada), SolarEdge Technologies Inc. (Israel), SunPower Corporation (U.S.), Delta Electronics, Inc. (Taiwan), Solectria Renewables, LLC (U.S.), Sineng Electric Co., Ltd. (China), Hitachi Hi-Rel Power Electronics Pvt. Ltd (India), and Power electronics (Spain).

 

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Table of Contents –Analysis of Key Points

1 Executive Summary

2 Introduction

3 Research Methodology

4 Market Dynamics

5 Market Factor Analysis

…………

11 Company Profiles
    11.1 ABB Ltd.
      11.1.1 Company Profile 81 
      11.1.2 Financial Overview 81 
      11.1.3 Product/Service Offering 82 
      11.1.4 Strategy 82 
      11.1.5 Swot Analysis 83 
    11.2 SMA Solar Technology AG
      11.2.1 Company Profile 84 
      11.2.2 Financial Overview 84 
      11.2.3 Product/Service Offering 85 
      11.2.4 Strategy 85 
      11.2.5 Swot Analysis 86 
    11.3 Canadian Solar Inc.
      11.3.1 Company Profile 87 
      11.3.2 Financial Overview 87 
      11.3.3 Product/Service Offering 88 
      11.3.4 Strategy 88 
      11.3.5 Swot Analysis 89 
    11.4 SolarEdge Technologies Inc.
      11.4.1 Company Profile 90 
      11.4.2 Financial Overview 90 
      11.4.3 Product/Service Offerings 91 
      11.4.4 Strategy 91 
      11.4.5 Swot Analysis 92 
    11.5 SunPower Corporation
      11.5.1 Company Profile 93 
      11.5.2 Financial Overview 93 
      11.5.3 Product/Service Offering 94 
      11.5.4 Strategy 94 
      11.5.5 Key Development (2014-2017) 95 
      11.5.6 Swot Analysis 95 
    11.6 Delta Energy Systems
      11.6.1 Company Profile 96 
      11.6.2 Financial Overview 96 
      11.6.3 Product/Service Offering 97 
      11.6.4 Strategy 97 
      11.6.5 Key Development (2015-2017) 98 
    11.7 Solectria Renewables, LLC
      11.7.1 Company Profile 99 
      11.7.2 Financial Overview 99 
      11.7.3 Product/Service Offering 99 
      11.7.4 Strategy 99 
    11.8 Sineng Electric Co., Ltd.
      11.8.1 Company Profile 101 
      11.8.2 Financial Overview 101 
      11.8.3 Product/Service Offering 101 
      11.8.4 Strategy 102 
    11.9 Hitachi Hi-Rel Power Electronics Pvt. Ltd
      11.9.1 Company Overview 103 
      11.9.2 Financial Overview 103 
      11.9.3 Product/Service Offering 103 
      11.9.4 Strategy 103 
      11.9.5 Key Development (2014) 103 
    11.10 Power Electronics
      11.10.1 Company Profile 104 
      11.10.2 Financial Overview 104 
      11.10.3 Product/Service Offering 104 
      11.10.4 Strategy 104 
      11.10.5 Key Development (2016-2017) 105

....Continued 

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