Global Renewable Energy Inverters Market Forecast to 2022 Featuring Huawei, TMEIC, Sungrow, ABB, SMA, Schneider Electric & Fronius – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The "Global
Renewable Energy Inverters Market, Forecast to 2022" report has
been added to ResearchAndMarkets.com's offering.
The study assesses inverter companies across the globe and discusses the
various market shares held by companies in this market. Fierce
competition is expected, especially in Asia, from Chinese and Japanese
players who compete with cheaper and quality products. Some of the
companies that have been considered in this study are Huawei, TMEIC,
Sungrow, ABB, SMA, Schneider Electric, and Fronius. Market trends have
been analyzed for the study period covering 2014 through 2022, with the
base year being 2017.
The rapid expansion of renewables based power generation is expected to
play a significant role in the growth of the inverter market in the
coming years. The market is expected to grow steadily over the medium
term and decline after 2020. The growth will be driven mainly by solar
photovoltaic (PV) installations mainly in Asia and North America which
are expected to substitute fossil based power with renewable power in
the coming years. Further, falling prices of equipment are expected to
drive rapid installation of renewable energy in the developed regions of
the world.
Growth in the global renewable energy (RE) inverter market is driven by
the installation of systems, led by solar PV (constitutes more than 95%
of the market), and followed by small wind turbine (about 2%) and fuel
cell (1%) units. Total inverter installations are forecast to increase
from 102 GW in 2017 to 119 GW in 2022.
Both string and central inverters dominate the inverter market for solar
PV installations across the globe. Central inverters dominate the
European and Asian markets, while the North American market has an equal
presence of string, central and microinverters. The market for small
wind inverters is dominated by China and Europe, while fuel cell
inverter market is led mainly by Japan and the United States.
Key Issues Addressed
-
Is the market growing, how long will it continue to grow, and at what
rate? -
Which are key growth regions fir renewable energy inverters and how
are they going to transform the inverter market in the future? -
How would the reduction in renewable energy subsidies affect the
renewable energy inverter market? -
How are key regulations affecting the renewable energy market in
various regions across the globe? How are they expected to impact the
inverter market? - How will the pricing of the inverters change over time?
-
What is the nature of competition in this market? How is it expected
to change over the course of the next five years?
Key Topics Covered:
1. Executive Summary
2. Market Overview
3. Drivers And Restraints-Total Renewable Energy Inverter Market
4. Forecasts And Trends-Total Renewable Energy Inverter Market
5. Market Share And Competitive Analysis-Total Renewable Energy Inverter
Market
6. Growth Opportunities And Companies To Action
7. Solar Inverter Segment Analysis
8. Solar Inverter Region Analysis
9. Small Wind Inverter Segment Analysis
10. Small Wind Inverter Segment-Regional Analysis
11. Fuel Cell Inverter Segment Analysis
12. Fuel Cell Inverter Segment-Regional Analysis
13. The Last Word
14. Appendix
Companies Featured
- Huawei
- TMEIC
- Sungrow
- ABB
- SMA
- Schneider Electric
- Fronius
For more information about this report visit https://www.researchandmarkets.com/research/xq5skl/global_renewable?w=4
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Related
Topics: Renewable
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