The Global “PV Inverter Market” report covers all essential data related to the present market situations over the Global PV Inverter Market. It emphasizes on an idea of the recent market growth along with detail about most dominating players in the Global market. The market report discusses the industries and market, calculated features that are helpful for the development of the Global PV Inverter Market including the market size and evaluation of the Global Market.
About PV Inverter
PV Inverter is one power transfer apparatus, which is used to transfer the DC power generated through PV to AC power. For the reverse process of rectification, the apparatus is so called inverter.When solar cells are disposed in sunlight, it produces direct curren. However the supply system in the form of DC power has an extremely limited. For example, fluorescent lamps, televisions, refrigerators, electric fans and so on cannot be used directly with DC power supply, and most electric machinery are as well. In addition, when the power supply needs to increase voltage or lower voltage, it is simply adding a Transformer in AC power system, while lifting technology of voltage in a DC system is much more complex. Therefore, in addition to direct use of communications, weather and other special DC power users, the production of electricity need to be equipped with a PV Inverter in PV systems.
Covered in this report
According to this study, over the next five years the PV Inverter market will register a 0.3% CAGR in terms of revenue, the global market size will reach US$ 6310 million by 2024, from US$ 6200 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 product 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 product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Battery backup inverters
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
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.
Northern Electric (Qingdao)
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Key Topics Covered:
1 Scope of the Report
2 Executive Summary
3 Global PV Inverter by Players
4 PV Inverter by Regions
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global PV Inverter Market Forecast
12 Key Players Analysis
13 Research Findings and Conclusion
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