About Inverter
An inverter system is a device that converts direct current (DC) into alternate current (AC). From this process, alternating current is produced and this form of electricity can be used to power appliances and electrical machines.
Technavio’s analysts forecast the global inverter market to grow at a CAGR of 6% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global inverter market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sale of inverters in different end-user industries.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Inverter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• ABB
• Bonfiglioli
• GE
• Schneider Electric
• SMA Solar Technology
Other prominent vendors
• Mitsubishi Electric
• Danfoss
• Delta Electronics
• Eaton
• Vertiv
• Enphase Energy
• Fronius International
• Advanced Energy Industries
• Sungrow
• Siemens
• ALSTOM
• KACO new energy
• Power One Micro Systems
• OMRON
• TABUCHI ELECTRIC
• Huawei Technologies
Market driver
• Increasing solar energy installation
• For a full, detailed list, view our report
Market challenge
• Weak global economic outlook
• For a full, detailed list, view our report
Market trend
• Increase in demand for clean power
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
• Inverter technology overview
• Global solar PV market: Overview
• Global wind market: Overview
• Global EV market: Overview
• Global UPS market: Overview
• Global railroad market: Overview
PART 05: Market landscape
• Market overview
• Market size and forecast by revenue
• Five forces analysis
PART 06: Market segmentation by application
• Global inverter market by application
• Global motor drive inverter market
• Global renewable energy inverter market
• Global UPS inverter market
PART 07: Geographical segmentation
• Global inverter market by geography
• Inverter market in APAC
• Inverter market in EMEA
• Inverter market in the Americas
PART 08: Market drivers
• Rise in wind energy consumption
• Increasing solar energy installation
• Increase in demand for EVs and HEVs
• Energy-saving technology for railroad traction systems
• Rise in process automation
PART 09: Impact of drivers
PART 10: Market challenges
• Weak global economic outlook
• Intermittent nature of renewable energy
• Changing market dynamics
PART 11: Impact of drivers and challenges
PART 12: Market trends
• Increase in demand for clean power
• Rise in deployment of microgrids
• Growing high-speed rail networks in developing nations
• Emphasis on green inverter technology
• Decreasing price of inverter systems
PART 13: Vendor landscape
• Competitive landscape
PART 14: Key vendor analysis
• ABB
• Bonfiglioli
• GE
• Schneider Electric
• SMA Solar Technology
PART 15: Appendix
• List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Key countries in each region
Exhibit 02: Product offerings
Exhibit 03: Integrated inverter with solar power plant
Exhibit 04: Integrated inverter with wind power plant
Exhibit 05: Global EV sales 2012-2016 (thousands)
Exhibit 06: Global inverter market
Exhibit 07: Global inverter market 2016-2021 ($ billions)
Exhibit 08: Five forces analysis
Exhibit 09: Global inverter market by application 2016 and 2021
Exhibit 10: Global inverter market by application 2016-2021 ($ billions)
Exhibit 11: Global motor drive inverter market 2016-2021 ($ billions)
Exhibit 12: Components of variable frequency drive system
Exhibit 13: Global renewable energy inverter market 2016-2021 ($ billions)
Exhibit 14: Cumulative wind installed capacity 2015-2020 (GW)
Exhibit 15: Global HEV sales 2004-2015 (units in millions)
Exhibit 16: Global EV sales of top 10 countries 2015 (units)
Exhibit 17: Global UPS inverter market 2016-2021 ($ billions)
Exhibit 18: Global inverter market by geography 2016 and 2021
Exhibit 19: Global inverter market by geography 2016-2021 ($ billions)
Exhibit 20: Inverter market in APAC 2016-2021 ($ billions)
Exhibit 21: Inverter market in EMEA 2016-2021 ($ billions)
Exhibit 22: Cumulative solar installed capacity 2015
Exhibit 23: Inverter market in the Americas 2016-2021 ($ billions)
Exhibit 24: Labor wages in Asia by city 2000 to 2014
Exhibit 25: Global wind energy capacity addition 2010-2015 (GW)
Exhibit 26: Wind power installation country wise for 2015 (MW)
Exhibit 27: Global PV year-over-year growth 2001-2015
Exhibit 28: Global EV stock in 2015
Exhibit 29: Use of inverters in railroad traction for energy storage
Exhibit 30: Japanese railroad storage system for energy recovered from braking
Exhibit 31: Impact of drivers
Exhibit 32: Major countries based on manufacturing value-added
Exhibit 33: Manufacturing purchase manager's index for China February 2015 to January 2016
Exhibit 34: Solar output in summer and wind output in winter
Exhibit 35: Intermittency and its impact on the power systems
Exhibit 36: Impact of drivers and challenges
Exhibit 37: Countries with renewable targets and policies 2005
Exhibit 38: Countries with renewable targets and policies 2015
Exhibit 39: New wind installation targets by 2020 (GW)
Exhibit 40: Global microgrid installed capacity 2015-2020 (GW)
Exhibit 41: Major high-speed train projects
Exhibit 42: Other prominent vendors
Exhibit 43: ABB: Business segmentation by revenue 2015
Exhibit 44: ABB: Product portfolio
Exhibit 45: Bonfiglioli: Product portfolio
Exhibit 46: GE: Product portfolio
Exhibit 47: Schneider Electric: Segmentation by industry 2015
Exhibit 48: Schneider Electric: Product portfolio
Exhibit 49: SMA Solar Technology: Business segmentation
Exhibit 50: SMA Solar Technology: Product portfolio
