The key vendors mentioned are Sunpower Corporation, Sma Solar Technolgy Ag, Siemens Ag, Power Electronics, Omron Corporation, Hitachi Hi-Rel Power Electronics Pvt. Ltd., Emerson Electric Co, Eaton, Delta Electronics, Inc., and Abb.
Hyderabad, India - August 9, 2019 /MarketersMedia/ —
PV inverters also identified as solar inverters are essentially renewable energy systems that renovate DC power from the solar panel into AC power which can be openly used in home appliance. PV inverters can be characterized in central, string, micro, hybrid and battery inverters. Some of the factors such as increasing solar photovoltaic manufacturing and rising demand for energy united with a regulatory frame that supports clean energy are fuelling the market growth. However, deputy clean energy technologies such as hydropower are restraining market growth.
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Based on Nominal Output Power, ≤ 300 W photovoltaic inverter market is predicted to observe robust growth on account of their deployment favored by lowering product expenditure across small scale solar PV applications. Improving unit efficiencies along with growing inclination towards effective flexibility will augment the product demand.
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Products Covered:
• String PV Inverter
• Micro PV Inverter
• Central PV Inverter
Types Covered:
• Separate
• Parallel
Connectivity’s Covered:
• Battery Backup Inverter
• Off-Grid
• On-Grid
• Standalone
Nominal Output Powers Covered:
• > 110,000 W
• ≤ 300 W
• 3,000 – 33,000 W
• 300 -3,000 W
• 33,000 – 110,000 W
Nominal Output Voltages Covered:
• 400 – 600 V
• 230 – 400 V
• ≤ 230 V
• > 600 V
Power Classes Covered:
• Single Phase
• Three Phase
Sales Channels Covered:
• PV Inverter Customers
• Indirect Channel
• Direct Channel
End Users Covered:
• Utility
• Residential
• Industrial
• Commercial
Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
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Key Questions Answered in this Report:
• How this market evolved since the year 2016
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analyzed during the forecast period
Contact Info:
Name: Sadhana Shukla
Email: Send Email
Organization: Syngene Market Research Reports
Website: https://www.syngeneresearch.com/
Source: MarketersMedia
Release ID: 88906328