Global PV Inverter Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Global PV Inverter Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

  • Globalinforesearch
  • February 2019
  • Power
  • 137 pages

Report Description

PV Inverter is one power transfer apparatus, which is used to transfer the DC power generated through PV to AC power. For the reverse process of rectification, the apparatus is so called "inverter".When solar cells are disposed in sunlight, it produces direct curren. However the supply system in the form of DC power has an extremely limited. For example, fluorescent lamps, televisions, refrigerators, electric fans and so on cannot be used directly with DC power supply, and most electric machinery are as well. In addition, when the power supply needs to increase voltage or lower voltage, it is simply adding a Transformer in AC power system, while lifting technology of voltage in a DC system is much more complex. Therefore, in addition to direct use of communications, weather and other special DC power users, the production of electricity need to be equipped with a PV Inverter in PV systems.

Scope of the Report:
At present, PV Inverter market is occupied by Sungrow Power, Huawei, and Sineng. Foreign companies, such as SMA, ABB and KACO have entered domestic market. However, due to the price and delivery of the service, the market share of is not high for the foreign companies. Statistics show that Sungrow Power PV Inverter companies occupy the major market share, the domestic PV power projects almost all selected domestic product.
As is shown in the Figure, Global PV inverter industry exhibites upward trend overall. Many opptunities exist in the next five years.
The worldwide market for PV Inverter is expected to grow at a CAGR of roughly 0.3% over the next five years, will reach 6310 million US$ in 2024, from 6200 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the PV Inverter in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
Sungrow Power
Chint Power
Samil Power
JFY Tech.
ZTE Quantum
Northern Electric (Qingdao)
Advanced Energy
AROS Solar
Green Power
Helios Systems
Siliken Electronics

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Stand-alone inverters
Grid-tie inverters
Battery backup inverters

Market Segment by Applications, can be divided into

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe PV Inverter product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of PV Inverter, with price, sales, revenue and global market share of PV Inverter in 2017 and 2018.
Chapter 3, the PV Inverter competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the PV Inverter breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, PV Inverter market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe PV Inverter sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Have query on this report?

Make an Enquiry
Table of Contents
1 Market Overview
1.1 PV Inverter Introduction
1.2 Market Analysis by Type
1.2.1 Stand-alone inverters
List of Tables and Figures
Figure PV Inverter Picture
Table Product Specifications of PV Inverter
Figure Global Sales Market Share of PV Inverter by Types in 2018
Table PV Inverter Types for Major Manufacturers
Figure Stand-alone inverters Picture

Success Stories

Our Clients

Tell Us What You Need and We’ll Get Back with the Best Solutions Available.


get in touch

Location :

State Tower, 90 State Street, Suite 700, Albany NY - 12207, United States

Call Us :

US/Canada toll free : 866-997-4948

Tel : +1-518-621-2074