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Global Solar Central Inverters Market: By Application: Utility, Non-Utility, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; SWOT Analysis, Porter’s Five Forces Analysis, Competitive Landscape; Industry Events and Developments
Global Solar Central Inverters Market Outlook
The global solar central inverters market is anticipated to witness a CAGR of 13.4% in the forecast period of 2021-2026.
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Renewable energy plays a crucial role in global change towards a more sustainable and less carbon-intensive setting. Significant worldwide implementation of clean energy technologies is due to the governments’ carbon emission reduction legislation, which is aiding the growth of the solar central inverters.
Properties and Applications
Using a solar inverter, the direct current (DC) electricity generated by solar panels is converted into a usable form of alternating current (AC) that can be used to supply the grid or run AC loads/appliances. The central inverter is a type of string inverter used in large-scale applications.
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The solar central inverters market can be divided based on application into:
- Utility
- Non-Utility
- Others
The EMR report looks into the regional solar central inverters markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
Due to the increasing adoption of clean energy technologies, investments are increasing in the solar central inverters market. Solar PV investment rose in 2017, according to IEA, as the share of deployment continued to expand in previously low-cost nations such as China and India. The usage of renewable energy sources has been rapidly growing with the increasing public assistance and investments. It is therefore anticipated that the increasing investments in renewable energy will drive the development of the global solar central inverters industry. Environmental pollution has induced respiratory diseases across nations, and conventional electricity sources are accessible at a high price. Thus, the need for clean energy sources such as solar power is being driven by the need to overcome these difficulties. The clean energy demand will be one of the leading market trends for solar central inverters that will drive the market growth in the forecast period.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global solar central inverters market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- ABB Ltd.
- Delta Electronics Inc.
- Ingeteam Corp. SA
- SMA Solar Technology AG
- Sungrow Power Supply Co. Ltd.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Questions Answered in the Market Report
- How has the global solar central inverters market performed in the previous years (2016-2020)?
- What is the forecast assessment of the market for 2021-2026?
- What are the major drivers in the historical (2016-2020) and forecast (2021-2026) periods?
- What are the major constraints in the historical (2016-2020) and forecast (2021-2026) periods?
- What are the major demand indicators of the global market?
- What are the import and export trends in the global solar central inverters market?
- Who are the top importers and exporters of solar central inverters in the industry globally?
- Who are the key manufacturers in the global solar central inverters market?
- What is the degree of competition in the global market?
- What are the significant events and developments taking place within the global industry?
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Assumptions
2.5 Market Models
3 Introduction
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Solar Central Inverters Market Analysis
6.1 Global Solar Central Inverters Market (2016-2020) & Forecast (2021-2026)
6.2 Global Solar Central Inverters Market Breakup by Application
6.2.1 Utility
6.2.2 Non-Utility
6.2.3 Others
6.3 Global Solar Central Inverters Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
6.3.1 Utility
6.3.2 Non-Utility
6.3.3 Others
6.4 Global Solar Central Inverters Market by Region
6.4.1 North America
6.4.1.1 United States of America
6.4.1.2 Canada
6.4.2 Europe
6.4.2.1 Germany
6.4.2.2 United Kingdom
6.4.2.3 France
6.4.2.4 Italy
6.4.2.5 Others
6.4.3 Asia Pacific
6.4.3.1 China
6.4.3.2 Japan
6.4.3.3 India
6.4.3.4 ASEAN
6.4.3.5 Others
6.4.4 Latin America
6.4.4.1 Brazil
6.4.4.2 Argentina
6.4.4.3 Mexico
6.4.4.4 Others
6.4.5 Middle East & Africa
6.4.5.1 Saudi Arabia
6.4.5.2 United Arab Emirates
6.4.5.3 Nigeria
6.4.5.4 South Africa
6.4.5.5 Others
6.5 Global Solar Central Inverters Market by Region: Historical Market (2016-2020) & Forecast (2021-2026)
6.5.1 North America
6.5.1.1 United States of America
6.5.1.2 Canada
6.5.2 Europe
6.5.2.1 Germany
6.5.2.2 United Kingdom
6.5.2.3 France
6.5.2.4 Italy
6.5.2.5 Others
6.5.3 Asia Pacific
6.5.3.1 China
6.5.3.2 Japan
6.5.3.3 India
6.5.3.4 ASEAN
6.5.3.5 Others
6.5.4 Latin America
6.5.4.1 Brazil
6.5.4.2 Argentina
6.5.4.3 Mexico
6.5.4.4 Others
6.5.5 Middle East & Africa
6.5.5.1 Saudi Arabia
6.5.5.2 United Arab Emirates
6.5.5.3 Nigeria
6.5.5.4 South Africa
6.5.5.5 Others
7 SWOT Analysis
7.1 Overview
7.2 Strengths
7.3 Weaknesses
7.4 Opportunities
7.5 Threats
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
8.6 Substitutes
9 Competitive Landscape & Supplier Analysis
9.1 ABB Ltd. (SWX: ABBN)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 Delta Electronics Inc. (TPE: 2308)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 Ingeteam Corp. SA
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 SMA Solar Technology AG (ETR: S92)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 Sungrow Power Supply Co. Ltd. (SHE: 300274)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Others
10 Industry Events and Developments
Additional Customisations Available:
1 Cost Analysis and Project Economics
1.1 Land, Location and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Cost of Raw Material
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investment
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