ABSTRACT
About String Inverters
The global string inverters market is expected to grow at a steady rate during the forecast period. The primary applications that are driving the growth of string inverter systems are wind, solar PV, and others. The renewable energy market, especially solar and wind, has grown tremendously owing to the different global and national mandates to reduce greenhouse gas (GHG) emissions. This growth has boosted the global string inverters market and is expected to continue to do so during the forecast period. In addition, other end-users such as residential and commercial sectors as well as power utilities are increasingly adopting inverters to ensure the smooth functioning of their operations.
Technavio’s analysts forecast the global string inverters market to grow at a CAGR of 8.48% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global string inverters 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 String Inverters 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
• Huawei Technologies
• Schneider Electric
• SMA Solar Technology
• SUNGROW
Other prominent vendors
• Delta Energy Systems
• Fronius International
• Growatt Shenzhen
• KACO new energy
• Ningbo Ginlong Technologies
• Samil Power
• SHANGHAI Chint Power Systems
• SolarEdge Technologies
• Yaskawa - Solectria Solar
Market driver
• Declining prices of inverter systems.
• For a full, detailed list, view our report
Market challenge
• Intermittent nature of solar energy.
• For a full, detailed list, view our report
Market trend
• Growing popularity of green buildings.
• 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
PART 03: Research Methodology
PART 04: Introduction
• Key market highlights
• Inverter technology overview
• Global solar PV market: Overview
• Global wind power market: Overview
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by end-user
• Global string inverters market by end-user
• Global string inverters market by commercial end-user
• Global string inverters market by residential end-user
PART 07: Market segmentation by phase
• Global string inverters market by phase
• Global three-phase string inverters market
• Global single-phase string inverters market
PART 08: Geographical segmentation
• Global string inverters market by geography
• String inverters market in APAC
• String inverters market in EMEA
• String inverters market in Americas
PART 09: Decision framework
PART 10: Drivers and challenges
• Market drivers
• Impact of drivers on key customer segments
• Market challenges
• Impact of challenges on key customer segments
PART 11: Market trends
• Reduction in solar PV cost
• Rise in deployment of microgrids
• Growing popularity of green buildings
PART 12: Vendor landscape
• Competitive landscape
• Other prominent vendors
PART 13: Key vendor analysis
• ABB
• Huawei Technologies
• Schneider Electric
• SMA Solar Technology
• SUNGROW
PART 14: Appendix
• List of abbreviations
List of Exhibits
Exhibit 01: Integrated inverter with solar power plant
Exhibit 02: Integrated inverter with wind power plant
Exhibit 03: Global string inverters market
Exhibit 04: Global string inverters market 2016-2021 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global string inverters market by end-user 2016 and 2021 (%)
Exhibit 07: Global string inverters market by end-user 2016-2021 ($ billions)
Exhibit 08: Global string inverters market by commercial end-user segment 2016-2021 ($ billions)
Exhibit 09: Global string inverters market by residential end-user segment 2016-2021 ($ billions)
Exhibit 10: Global string inverters market by phase 2016 and 2021 (%)
Exhibit 11: Global string inverters market by phase 2016-2021 ($ billions)
Exhibit 12: Global three-phase string inverters market 2016-2021 ($ billions)
Exhibit 13: Global single-phase string inverters market 2016-2021 ($ billions)
Exhibit 14: Global string inverters market by geography 2016 and 2021 (%)
Exhibit 15: Global string inverters market by geography 2016-2021 ($ billions)
Exhibit 16: String inverters market in APAC 2016-2021 ($ billions)
Exhibit 17: String inverters market in EMEA 2016-2021 ($ billions)
Exhibit 18: String inverters market in Americas 2016-2021 ($ billions)
Exhibit 19: Countries with renewable targets and policies 2005
Exhibit 20: Countries with renewable targets and policies 2015
Exhibit 21: New wind installation targets by 2020 (GW)
Exhibit 22: Global PV year-over-year growth 2001-2015
Exhibit 23: Impact of drivers
Exhibit 24: Power generation pattern by 1 kW solar module in a day
Exhibit 25: Intermittency and its impact on power systems
Exhibit 26: Crude oil prices 2011-2016 (% change)
Exhibit 27: Impact of challenges
Exhibit 28: Other prominent vendors
Exhibit 29: ABB: Key products
Exhibit 30: ABB: Key news
Exhibit 31: Huawei Technologies: Key products
Exhibit 32: Huawei Technologies: Key news
Exhibit 33: Schneider Electric: Key products
Exhibit 34: SMA Solar Technology: Business segmentation
Exhibit 35: SMA Solar Technology: Key products
Exhibit 36: SMA Solar Technology: Key news
Exhibit 37: SUNGROW: Key products
Exhibit 38: Sungrow: Key news
