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Inverter Market

Inverter - Global Market Outlook (2018-2027)

4.2 (43 reviews)
Published: May 2020 ID: SMRC19179
4.2 (43 reviews)
Published: May 2020 ID: SMRC19179

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Inverter Market is accounted for $9.26 billion in 2018 and is expected to reach $39.82 billion by 2027 growing at a CAGR of 17.6% during the forecast period. Large inflow of investments in renewable energy sector and rise in the consumption of wind energy are the major factors driving the market growth. However, strain caused by inverters on batteries present in the vehicles to supply power to the secondary devices and systems installed in them is restraining the market growth.

Inverter is an electronic device that changes direct current (DC) to alternating current (AC). The input voltage, output voltage and frequency, and overall power handling depend on the design of the specific device or circuitry. The inverter does not produce any power; the power is provided by the DC source. It is a combination of mechanical effects (such as a rotary apparatus) and electronic circuitry.

Based on sales channel, the indirect sales channel segment is likely to have a huge demand as they are widely adopted by manufacturers to provide their solutions to various end users. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to growing investments for the deployment of industrial automation solutions, importance on rules that demand workforce safety and operational costs of power plants due to innovations in technologies.

Some of the key players profiled in the Inverter Market include ABB, Altenergy Power System, Bestek, Darfon Electronics, Delphi Technologies, Enphase Energy, Fronius International, General Electric, Goodwe, Huawei Technologies, Power Electronics, Schneider Electric, Sensata Technologies, SMA Solar Technology, Solaredge Technologies and Sungrow Power Supply.

Sales Channels Covered:
• Indirect Sales Channel
• Direct Sales Channel

Phase-Based Classification of Inverters Covered:
• Single Phase
• Three Phase  

Output Voltages Covered:
• Above 500 V
• 300–500 V
• 100–300 V

Output Power Ratings Covered:
• 10–50 kW
• 50–100 kW
• Above 100 kW
• Below 10 kW

Waveform-Based Classification of Inverters Covered:
• Square Wave Inverters
• Pure Sine Wave Inverters
• Modified Sine Wave Inverters    

Types Covered:
• Non-Solar Inverters
• Solar Inverters

End Users Covered:
• Automotive
• Commercial
• PV Plants
• Residential

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary     
       
2 Preface   
   
 2.1 Abstract     
 2.2 Stake Holders    
 2.3 Research Scope    
 2.4 Research Methodology   
  2.4.1 Data Mining   
  2.4.2 Data Analysis   
  2.4.3 Data Validation   
  2.4.4 Research Approach   
 2.5 Research Sources    
  2.5.1 Primary Research Sources  
  2.5.2 Secondary Research Sources  
  2.5.3 Assumptions   
       
3 Market Trend Analysis    
 3.1 Introduction    
 3.2 Drivers     
 3.3 Restraints    
 3.4 Opportunities    
 3.5 Threats     
 3.6 End User Analysis    
 3.7 Emerging Markets    
 3.8 Impact of Covid-19   
       
4 Porters Five Force Analysis    
 4.1 Bargaining power of suppliers   
 4.2 Bargaining power of buyers   
 4.3 Threat of substitutes   
 4.4 Threat of new entrants   
 4.5 Competitive rivalry    
       
5 Global Inverter Market, By Sales Channel  
 5.1 Introduction    
 5.2 Indirect Sales Channel   
 5.3 Direct Sales Channel   
       
6 Global Inverter Market, By Phase-Based Classification of Inverters
 6.1 Introduction    
 6.2 Single Phase    
 6.3 Three Phase    
       
7 Global Inverter Market, By Output Voltage  
 7.1 Introduction    
 7.2 Above 500 V    
 7.3 300–500 V    
 7.4 100–300 V    
       
8 Global Inverter Market, By Output Power Rating  
 8.1 Introduction    
 8.2 10–50 kW     
 8.3 50–100 kW    
 8.4 Above 100 kW    
 8.5 Below 10 kW    
       
9 Global Inverter Market, By Waveform-Based Classification of Inverters
 9.1 Introduction    
 9.2 Square Wave Inverters   
 9.3 Pure Sine Wave Inverters   
 9.4 Modified Sine Wave Inverters   
       
10 Global Inverter Market, By Type   
 10.1 Introduction    
 10.2 Non-Solar Inverters    
  10.2.1 Residential Inverters  
  10.2.2 Vehicle Inverters   
   10.2.2.1 Vehicle Type  
    10.2.2.1.1 Plug-In Hybrid Electric Vehicles (PHEVS)
    10.2.2.1.2 Hybrid Electric Vehicles (HEVS)
    10.2.2.1.3 Battery Electric Vehicles(BEVS)
 10.3 Solar Inverters    
  10.3.1 Connection Type   
   10.3.1.1 Grid-Tied   
   10.3.1.2 Stand-Alone  
  10.3.2 Inverter Type   
   10.3.2.1 Central Inverters  
   10.3.2.2 Hybrid Inverters  
   10.3.2.3 Micro Inverters  
   10.3.2.4 String Inverters  
       
11 Global Inverter Market, By End User   

 11.1 Introduction    
 11.2 Automotive    
 11.3 Commercial    
 11.4 PV Plants     
 11.5 Residential    
       
12 Global Inverter Market, By Geography   
 12.1 Introduction    
 12.2 North America    
  12.2.1 US    
  12.2.2 Canada    
  12.2.3 Mexico    
 12.3 Europe     
  12.3.1 Germany    
  12.3.2 UK    
  12.3.3 Italy    
  12.3.4 France    
  12.3.5 Spain    
  12.3.6 Rest of Europe   
 12.4 Asia Pacific    
  12.4.1 Japan    
  12.4.2 China    
  12.4.3 India    
  12.4.4 Australia    
  12.4.5 New Zealand   
  12.4.6 South Korea   
  12.4.7 Rest of Asia Pacific   
 12.5 South America    
  12.5.1 Argentina   
  12.5.2 Brazil    
  12.5.3 Chile    
  12.5.4 Rest of South America  
 12.6 Middle East & Africa   
  12.6.1 Saudi Arabia   
  12.6.2 UAE    
  12.6.3 Qatar    
  12.6.4 South Africa   
  12.6.5 Rest of Middle East & Africa  
       
13 Key Developments     
 13.1 Agreements, Partnerships, Collaborations and Joint Ventures
 13.2 Acquisitions & Mergers   
 13.3 New Product Launch   
 13.4 Expansions    
 13.5 Other Key Strategies   
       
14 Company Profiling     

 14.1 ABB     
 14.2 Altenergy Power System   
 14.3 Bestek      
 14.4 Darfon Electronics    
 14.5 Delphi Technologies   
 14.6 Enphase Energy    
 14.7 Fronius International   
 14.8 General Electric    
 14.9 Goodwe     
 14.10 Huawei Technologies   
 14.11 Power Electronics    
 14.12 Schneider Electric     
 14.13 Sensata Technologies   
 14.14 SMA Solar Technology   
 14.15 Solaredge Technologies   
 14.16 Sungrow Power Supply  


List of Tables      
1 Global Inverter Market Outlook, By Region (2017-2027) ($MN) 
2 Global Inverter Market Outlook, By Sales Channel (2017-2027) ($MN)
3 Global Inverter Market Outlook, By Indirect Sales Channel (2017-2027) ($MN)
4 Global Inverter Market Outlook, By Direct Sales Channel (2017-2027) ($MN)
5 Global Inverter Market Outlook, By Phase-Based Classification of Inverters (2017-2027) ($MN)
6 Global Inverter Market Outlook, By Single Phase (2017-2027) ($MN)
7 Global Inverter Market Outlook, By Three Phase (2017-2027) ($MN)
8 Global Inverter Market Outlook, By Output Voltage (2017-2027) ($MN)
9 Global Inverter Market Outlook, By Above 500 V (2017-2027) ($MN)
10 Global Inverter Market Outlook, By 300–500 V (2017-2027) ($MN)
11 Global Inverter Market Outlook, By 100–300 V (2017-2027) ($MN)
12 Global Inverter Market Outlook, By Output Power Rating (2017-2027) ($MN)
13 Global Inverter Market Outlook, By 10–50 Kw (2017-2027) ($MN)
14 Global Inverter Market Outlook, By 50–100 kW (2017-2027) ($MN)
15 Global Inverter Market Outlook, By Above 100 kW (2017-2027) ($MN)
16 Global Inverter Market Outlook, By Below 10 kW (2017-2027) ($MN)
17 Global Inverter Market Outlook, By Waveform-Based Classification of Inverters (2017-2027) ($MN)
18 Global Inverter Market Outlook, By Square Wave Inverters (2017-2027) ($MN)
19 Global Inverter Market Outlook, By Pure Sine Wave Inverters (2017-2027) ($MN)
20 Global Inverter Market Outlook, By Modified Sine Wave Inverters (2017-2027) ($MN)
21 Global Inverter Market Outlook, By Type (2017-2027) ($MN) 
22 Global Inverter Market Outlook, By Non-Solar Inverters (2017-2027) ($MN)
23 Global Inverter Market Outlook, By Residential Inverters (2017-2027) ($MN)
24 Global Inverter Market Outlook, By Vehicle Inverters (2017-2027) ($MN)
25 Global Inverter Market Outlook, By Solar Inverters (2017-2027) ($MN)
26 Global Inverter Market Outlook, By Connection Type (2017-2027) ($MN)
27 Global Inverter Market Outlook, By Inverter Type (2017-2027) ($MN)
28 Global Inverter Market Outlook, By End User (2017-2027) ($MN)
29 Global Inverter Market Outlook, By Automotive (2017-2027) ($MN)
30 Global Inverter Market Outlook, By Commercial (2017-2027) ($MN)
31 Global Inverter Market Outlook, By PV Plants (2017-2027) ($MN)
32 Global Inverter Market Outlook, By Residential (2017-2027) ($MN)
       
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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