The findings evaluated by GME implied that the Global PV Inverter Market will grow with a 5.2 percent CAGR from 2021 to 2026. The growing number of solar installations and increasing investments for the clean energy network are some of the key factors driving demand growth in the coming years.
Browse 157 Market Data Tables and 117 Figures
spread through 187 Pages and in-depth TOC on "Global PV Inverter Market - Forecast to 2026."
https://www.globalmarketestimates.com/market-report/global-pv-inverter-market-2930
By Product (Micro PV Inverter, Central PV Inverter,
String PV Inverter, Others), By Power Class (Three Phase, Single Phase), By
Connectivity (Stand-alone, On-Grid), By End-Use (Residential, Utilities,
Commercial & Industrial), By Region (North America,
Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape,
Company Market Share Analysis & Competitor Analysis
Key Market Insights
·
The special functions of solar power inverters are
modified for use with photovoltaic arrays, like maximum power point monitoring
and anti-island defense.
·
The growing demand for sustainable energy due to
high energy consumption is anticipated to boost market growth in the upcoming
years
·
The growing
investment in the production of large-scale solar PV infrastructure will boost
the outlook for the industry throughout the coming years.
·
The utility segment is anticipated to boost market
share as well as grow during the expected timeframe at a high CAGR pace.
·
In 2019, the
central PV inverter sector accounted for the largest revenue share
·
ABB, SunPower, Siemens Energy, Eaton,
Power Electronics S.L., SMA Solar Technology AG, Delta Electronics Inc., OMRON
Corporation, TBEA, Emerson Electric Co., General Electric, and Hitachi Hi-Rel
Power Electronics Private Limited, among others are the prime players that compete in the market.
Browse the
Report @ https://www.globalmarketestimates.com/market-report/global-pv-inverter-market-2930
Product Outlook (Revenue, USD Billion,
2021-2026)
·
Micro PV
Inverter
·
Central PV
Inverter
·
String PV
Inverter
·
Others
Power Class Outlook (Revenue, USD Billion,
2021-2026)
·
Single-Phase
·
Three-Phase
Connectivity Outlook (Revenue, USD Billion,
2021-2026)
·
Stand-alone
·
On-Grid
End-Use Outlook (Revenue, USD Billion,
2021-2026)
·
Commercial& Industrial
·
Utilities
·
Residential
Regional Outlook
(Revenue, USD Billion, 2021-2026)
North America
- The
U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest
of Europe
Asia Pacific
- China
- India
- Japan
- South
Korea
- Australia
- Rest
of APAC
Central
& South America
- Brazil
- Argentina
- Rest
of CSA
Middle
East & Africa
- Saudi
Arabia
- UAE
- Rest
of MEA
Contact:
Tracy Simon
Email
address: tracy.simon@globalmarketestimates.com
Phone
Number: +16026667238
Website:
https://www.globalmarketestimates.com/
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