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According to this study, over the next five years the PV Inverter market will register a 0.1% CAGR in terms of revenue, the global market size will reach $ 6106.8 million by 2025, from $ 6081.5 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in PV Inverter business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of PV Inverter market by type, application, key manufacturers and key regions and countries.
This study considers the PV Inverter value and volume generated from the sales of the following segments:
Segmentation by type: breakdown data from 2015 to 2020, in Section 2.3; and forecast to 2025 in section 11.7.
Stand-alone inverters
Grid-tie inverters
Battery backup inverters
Segmentation by application: breakdown data from 2015 to 2020, in Section 2.4; and forecast to 2024 in section 11.8.
Residential
Commercial
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Sungrow Power
Samil Power
Huawei
SiNENG
KSTAR
TBEA
Chint Power
KELONG
SSE
EAST
SAJ
Northern Electric (Qingdao)
GinLong
Growatt
NEGO
ZTE Quantum
Omnik
GoodWe
JFY Tech.
APS
Schneider
Ingeteam
Advanced Energy
Tabuchi
KACO
ABB
Fronius
Omron
SMA
TMEIC
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global PV Inverter consumption (value & volume) by key regions/countries, type and application, history data from 2015 to 2019, and forecast to 2025.
To understand the structure of PV Inverter market by identifying its various subsegments.
Focuses on the key global PV Inverter manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the PV Inverter with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of PV Inverter submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global PV Inverter Consumption 2015-2025
2.1.2 PV Inverter Consumption CAGR by Region
2.2 PV Inverter Segment by Type
2.2.1 Stand-alone inverters
2.2.2 Grid-tie inverters
2.2.3 Battery backup inverters
2.3 PV Inverter Consumption by Type
2.3.1 Global PV Inverter Consumption Market Share by Type (2015-2020)
2.3.2 Global PV Inverter Revenue and Market Share by Type (2015-2020)
2.3.3 Global PV Inverter Sale Price by Type (2015-2020)
2.4 PV Inverter Segment by Application
2.4.1 Residential
2.4.2 Commercial
2.4.3 Others
2.5 PV Inverter Consumption by Application
2.5.1 Global PV Inverter Consumption Market Share by Type (2015-2020)
2.5.2 Global PV Inverter Value and Market Share by Type (2015-2020)
2.5.3 Global PV Inverter Sale Price by Type (2015-2020)
3 Global PV Inverter by Company
3.1 Global PV Inverter Sales Market Share by Company
3.1.1 Global PV Inverter Sales by Company (2018-2020)
3.1.2 Global PV Inverter Sales Market Share by Company (2018-2020)
3.2 Global PV Inverter Revenue Market Share by Company
3.2.1 Global PV Inverter Revenue by Company (2018-2020)
3.2.2 Global PV Inverter Revenue Market Share by Company (2018-2020)
3.3 Global PV Inverter Sale Price by Company
3.4 Global PV Inverter Manufacturing Base Distribution, Sales Area, Type by Company
3.4.1 Global PV Inverter Manufacturing Base Distribution and Sales Area by Company
3.4.2 Players PV Inverter Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2018-2020)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 PV Inverter by Regions
4.1 PV Inverter by Regions
4.2 Americas PV Inverter Consumption Growth
4.3 APAC PV Inverter Consumption Growth
4.4 Europe PV Inverter Consumption Growth
4.5 Middle East & Africa PV Inverter Consumption Growth
5 Americas
5.1 Americas PV Inverter Consumption by Countries
5.1.1 Americas PV Inverter Consumption by Countries (2015-2020)
5.1.2 Americas PV Inverter Value by Countries (2015-2020)
5.2 Americas PV Inverter Consumption by Type
5.3 Americas PV Inverter Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
5.8 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC PV Inverter Consumption by Regions
6.1.1 APAC PV Inverter Consumption by Regions (2015-2020)
6.1.2 APAC PV Inverter Value by Regions (2015-2020)
6.2 APAC PV Inverter Consumption by Type
6.3 APAC PV Inverter Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Regions
7 Europe
7.1 Europe PV Inverter by Countries
7.1.1 Europe PV Inverter Consumption by Countries (2015-2020)
7.1.2 Europe PV Inverter Value by Countries (2015-2020)
7.2 Europe PV Inverter Consumption by Type
7.3 Europe PV Inverter Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa PV Inverter by Countries
8.1.1 Middle East & Africa PV Inverter Consumption by Countries (2015-2020)
8.1.2 Middle East & Africa PV Inverter Value by Countries (2015-2020)
8.2 Middle East & Africa PV Inverter Consumption by Type
8.3 Middle East & Africa PV Inverter Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 PV Inverter Distributors
10.3 PV Inverter Customer
11 Global PV Inverter Market Forecast
11.1 Global PV Inverter Consumption Forecast (2021-2025)
11.2 Global PV Inverter Forecast by Regions
11.2.1 Global PV Inverter Forecast by Regions (2021-2025)
11.2.2 Global PV Inverter Value Forecast by Regions (2021-2025)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global PV Inverter Forecast by Type
11.8 Global PV Inverter Forecast by Application
12 Key Players Analysis
12.1 Sungrow Power
12.1.1 Company Information
12.1.2 PV Inverter Product Offered
12.1.3 Sungrow Power PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.1.4 Main Business Overview
12.1.5 Sungrow Power Latest Developments
12.2 Samil Power
12.2.1 Company Information
12.2.2 PV Inverter Product Offered
12.2.3 Samil Power PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.2.4 Main Business Overview
12.2.5 Samil Power Latest Developments
12.3 Huawei
12.3.1 Company Information
12.3.2 PV Inverter Product Offered
12.3.3 Huawei PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.3.4 Main Business Overview
12.3.5 Huawei Latest Developments
12.4 SiNENG
12.4.1 Company Information
12.4.2 PV Inverter Product Offered
12.4.3 SiNENG PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.4.4 Main Business Overview
12.4.5 SiNENG Latest Developments
12.5 KSTAR
12.5.1 Company Information
12.5.2 PV Inverter Product Offered
12.5.3 KSTAR PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.5.4 Main Business Overview
12.5.5 KSTAR Latest Developments
12.6 TBEA
12.6.1 Company Information
12.6.2 PV Inverter Product Offered
12.6.3 TBEA PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.6.4 Main Business Overview
12.6.5 TBEA Latest Developments
12.7 Chint Power
12.7.1 Company Information
12.7.2 PV Inverter Product Offered
12.7.3 Chint Power PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.7.4 Main Business Overview
12.7.5 Chint Power Latest Developments
12.8 KELONG
12.8.1 Company Information
12.8.2 PV Inverter Product Offered
12.8.3 KELONG PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.8.4 Main Business Overview
12.8.5 KELONG Latest Developments
12.9 SSE
12.9.1 Company Information
12.9.2 PV Inverter Product Offered
12.9.3 SSE PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.9.4 Main Business Overview
12.9.5 SSE Latest Developments
12.10 EAST
12.10.1 Company Information
12.10.2 PV Inverter Product Offered
12.10.3 EAST PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.10.4 Main Business Overview
12.10.5 EAST Latest Developments
12.11 SAJ
12.11.1 Company Information
12.11.2 PV Inverter Product Offered
12.11.3 SAJ PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.11.4 Main Business Overview
12.11.5 SAJ Latest Developments
12.12 Northern Electric (Qingdao)
12.12.1 Company Information
12.12.2 PV Inverter Product Offered
12.12.3 Northern Electric (Qingdao) PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.12.4 Main Business Overview
12.12.5 Northern Electric (Qingdao) Latest Developments
12.13 GinLong
12.13.1 Company Information
12.13.2 PV Inverter Product Offered
12.13.3 GinLong PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.13.4 Main Business Overview
12.13.5 GinLong Latest Developments
12.14 Growatt
12.14.1 Company Information
12.14.2 PV Inverter Product Offered
12.14.3 Growatt PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.14.4 Main Business Overview
12.14.5 Growatt Latest Developments
12.15 NEGO
12.15.1 Company Information
12.15.2 PV Inverter Product Offered
12.15.3 NEGO PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.15.4 Main Business Overview
12.15.5 NEGO Latest Developments
12.16 ZTE Quantum
12.16.1 Company Information
12.16.2 PV Inverter Product Offered
12.16.3 ZTE Quantum PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.16.4 Main Business Overview
12.16.5 ZTE Quantum Latest Developments
12.17 Omnik
12.17.1 Company Information
12.17.2 PV Inverter Product Offered
12.17.3 Omnik PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.17.4 Main Business Overview
12.17.5 Omnik Latest Developments
12.18 GoodWe
12.18.1 Company Information
12.18.2 PV Inverter Product Offered
12.18.3 GoodWe PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.18.4 Main Business Overview
12.18.5 GoodWe Latest Developments
12.19 JFY Tech.
12.19.1 Company Information
12.19.2 PV Inverter Product Offered
12.19.3 JFY Tech. PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.19.4 Main Business Overview
12.19.5 JFY Tech. Latest Developments
12.20 APS
12.20.1 Company Information
12.20.2 PV Inverter Product Offered
12.20.3 APS PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.20.4 Main Business Overview
12.20.5 APS Latest Developments
12.21 Schneider
12.21.1 Company Information
12.21.2 PV Inverter Product Offered
12.21.3 Schneider PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.21.4 Main Business Overview
12.21.5 Schneider Latest Developments
12.22 Ingeteam
12.22.1 Company Information
12.22.2 PV Inverter Product Offered
12.22.3 Ingeteam PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.22.4 Main Business Overview
12.22.5 Ingeteam Latest Developments
12.23 Advanced Energy
12.23.1 Company Information
12.23.2 PV Inverter Product Offered
12.23.3 Advanced Energy PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.23.4 Main Business Overview
12.23.5 Advanced Energy Latest Developments
12.24 Tabuchi
12.24.1 Company Information
12.24.2 PV Inverter Product Offered
12.24.3 Tabuchi PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.24.4 Main Business Overview
12.24.5 Tabuchi Latest Developments
12.25 KACO
12.25.1 Company Information
12.25.2 PV Inverter Product Offered
12.25.3 KACO PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.25.4 Main Business Overview
12.25.5 KACO Latest Developments
12.26 ABB
12.26.1 Company Information
12.26.2 PV Inverter Product Offered
12.26.3 ABB PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.26.4 Main Business Overview
12.26.5 ABB Latest Developments
12.27 Fronius
12.27.1 Company Information
12.27.2 PV Inverter Product Offered
12.27.3 Fronius PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.27.4 Main Business Overview
12.27.5 Fronius Latest Developments
12.28 Omron
12.28.1 Company Information
12.28.2 PV Inverter Product Offered
12.28.3 Omron PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.28.4 Main Business Overview
12.28.5 Omron Latest Developments
12.29 SMA
12.29.1 Company Information
12.29.2 PV Inverter Product Offered
12.29.3 SMA PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.29.4 Main Business Overview
12.29.5 SMA Latest Developments
12.30 TMEIC
12.30.1 Company Information
12.30.2 PV Inverter Product Offered
12.30.3 TMEIC PV Inverter Sales, Revenue, Price and Gross Margin (2018-2020)
12.30.4 Main Business Overview
12.30.5 TMEIC Latest Developments
13 Research Findings and Conclusion
List of Tables
Table 1. Research Methodology
Table 2. Data Source
Table 3. PV Inverter Consumption CAGR by Region 2015-2025 ($ Millions)
Table 4. Major Players of Stand-a
ProactiveWe manage our resources 24/7 to identify issues and address them before they become problems
Quality & ReliabilityWe are committed to providing reliable and highly accurate data with an excellent quality control system
Global Outreach6 Major regions and 40+ countries level analysis accomplished
Competitive PricingOur pricing strategy is highly competitive in the market, without compensating on the quality and the timeline of project delivery
