Global String Inverter Market Seeing Robust Growth Dominated by Global with Expected 8.31% CAGR
The Global String Inverter Market was valued at USD 2.65 billion in 2016 and is projected to reach USD 5.44 billion by 2025, growing at a CAGR of 8.31% from 2017 to 2025.
(EMAILWIRE.COM, April 03, 2018 ) Global String Inverter Market By Power Rating (Up to 10 kW, 11 kW to 40 kW, 41 kW to 80 kW, Above 80 kW), Phase (Single Phase, Three Phase), System Type (Off Grid, On Grid), End User (Commercial & Industrial, Utilities, Residential), and Regional Market Size, Status and Forecast to 2025
String Inverter is a device for converting DC to AC power and which is designed for high voltage DC inputs. It is connected with a string of solar panels which is called the solar array. The inverter combines all the direct current received from each individual solar panel and, at once, converts it into alternating current. Benefits of string inverter include ease of maintenance and troubleshooting, lower costs, and is easier to install.
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Some of the top companies operating in the international string inverter market are Schneider Electric, Sungrow Power Supply, Advanced Energy Industries, Delta Energy System, KOSTAL Solar Electric, Yaskawa – Solectria Solar, SolarMax, Ginlong Technologies, Fronius International, and Ingeteam.
This research majorly assists by providing brief insight into innovations, opportunities and new improvements in the String Inverter Market and its globally interconnected industries. There is a regional as well as a global study of fundamental trends and dynamics of market for the given forecast period. Among the many aspects covered, this report will give an acute understanding of business strategies, latest and upcoming developments, market study, competitive players and many more. Their revenue share, contact information and detailed SWOT analysis is also available.
Market Dynamics:
1. Market Drivers
1.1 Easy installation & customization
1.2 Favorable government incentive schemes
1.3 Rising remote system monitoring capabilities
1.4 Declining system cost
2. Market Restraints
2.1 Rising investment costs
2.2 High heat loss due to large size
2.3 Shading one panel reduces the efficiency of all panels
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology:
Research study on the Global String Inverter Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
Table of Content
1 INTRODUCTION OF GLOBAL STRING INVERTER MARKET
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
4 GLOBAL STRING INVERTER MARKET OUTLOOK
5 GLOBAL STRING INVERTER MARKET , BY POWER RATING
6 GLOBAL STRING INVERTER MARKET , BY PHASE
7 GLOBAL STRING INVERTER MARKET , BY SYSTEM TYPE
8 GLOBAL STRING INVERTER MARKET , BY END USER
9 GLOBAL STRING INVERTER MARKET , BY GEOGRAPHY
10 GLOBAL STRING INVERTER MARKET COMPETITIVE LANDSCAPE
11 COMPANY PROFILES
12 Appendix
Get sample copy of this report@ https://bit.ly/2GwbwgK
About Us:
Key Market Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns.
String Inverter is a device for converting DC to AC power and which is designed for high voltage DC inputs. It is connected with a string of solar panels which is called the solar array. The inverter combines all the direct current received from each individual solar panel and, at once, converts it into alternating current. Benefits of string inverter include ease of maintenance and troubleshooting, lower costs, and is easier to install.
Get sample copy of this report@ https://bit.ly/2GwbwgK
Some of the top companies operating in the international string inverter market are Schneider Electric, Sungrow Power Supply, Advanced Energy Industries, Delta Energy System, KOSTAL Solar Electric, Yaskawa – Solectria Solar, SolarMax, Ginlong Technologies, Fronius International, and Ingeteam.
This research majorly assists by providing brief insight into innovations, opportunities and new improvements in the String Inverter Market and its globally interconnected industries. There is a regional as well as a global study of fundamental trends and dynamics of market for the given forecast period. Among the many aspects covered, this report will give an acute understanding of business strategies, latest and upcoming developments, market study, competitive players and many more. Their revenue share, contact information and detailed SWOT analysis is also available.
Market Dynamics:
1. Market Drivers
1.1 Easy installation & customization
1.2 Favorable government incentive schemes
1.3 Rising remote system monitoring capabilities
1.4 Declining system cost
2. Market Restraints
2.1 Rising investment costs
2.2 High heat loss due to large size
2.3 Shading one panel reduces the efficiency of all panels
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology:
Research study on the Global String Inverter Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
Table of Content
1 INTRODUCTION OF GLOBAL STRING INVERTER MARKET
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
4 GLOBAL STRING INVERTER MARKET OUTLOOK
5 GLOBAL STRING INVERTER MARKET , BY POWER RATING
6 GLOBAL STRING INVERTER MARKET , BY PHASE
7 GLOBAL STRING INVERTER MARKET , BY SYSTEM TYPE
8 GLOBAL STRING INVERTER MARKET , BY END USER
9 GLOBAL STRING INVERTER MARKET , BY GEOGRAPHY
10 GLOBAL STRING INVERTER MARKET COMPETITIVE LANDSCAPE
11 COMPANY PROFILES
12 Appendix
Get sample copy of this report@ https://bit.ly/2GwbwgK
About Us:
Key Market Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns.
Contact Information:
Key Market Insights
sambit kumar
Tel: 8007533694
Email us
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This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Key Market Insights
sambit kumar
Tel: 8007533694
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results