Energy Industry News
Home | Energy News | Submit Press Release | About Us


Free Utility & Energy Magazines
Press release distribution service

Energy Media
AltEnergyMag
Clean Energy Report
Colorado Energy News
Energy: MIT Tecnology Review
Energy Business Review
Energy Cities
EUROPA
Fuel Fix
Financial Times
Interfax Energy
Green Energy Times
News York Times
NBC News
NPR
Oil & Gas Investor
Oil Price
Platt
PennEnergy
Reuters
RechargeNews
Resilience
Science Daily
Renewable Energy World
Renewable Energy Transportation
The Daily Energy Report
The Energy Daily

Energy Industry News Releases

Worldwide solar inverters / PV inverters market is expected to reach USD 25.86 billion by 2026.

 



(EnergyIndustry.Net, September 13, 2018 ) Global solar inverters / PV inverters market is expected to grow from USD 5.32 billion in 2017 to USD 25.86 billion by 2026, at a CAGR of 16.1% during the forecast period, according to a study published by Polaris Market Research.

Request For Sample Of This Research Report @ https://www.polarismarketresearch.com/industry-analysis/solar-inverter-pv-inverter-market/request-for-free-sample/

The energy demand globally is snowballing progressively over the last few decades with new methods of energy sources are continually discovered to meet the energy demand of the future. Natural and conventional energy sources such as coal is continually depleting thus renewable sources are explores constantly. Solar energy is one form of renewable energy source where sunlight is converted into electricity. Solar inverters are basically used along with solar or photovoltaic cells to convert direct current (DC) into alternative current (AC). The inverter industry has been going under a concentrated phase of procedural innovation. For project developers, investors as well as regulators, inverters form an integral part. Solar power to support utility grids has gained traction owing to rising demand for power. However, not much solar power plants are placed into grids owing to higher cost associated in setting up of solar power systems as compared to coal, wind and nuclear power generation systems. For installing solar power generation systems into a utility grid,solid state inverters are considered to be the benchmark.

To know the latest trends and insights prevalent in this market, click the link below@ https://www.polarismarketresearch.com/industry-analysis/solar-inverter-pv-inverter-market/

Inverter technologies is constantly going under technological upgradations thus promising better grid support and sophisticated system optimization, the market is expected to reach its zenith during the forecast period. Solar inverters are generally selected on the basis of array size and AC grid inter-tie. Countless modifications regarding design such as grid-tie inverters, stand alone inverters and backup inverters are designed upon their application. The residential and commercial construction activities are recovering globally, this end-user segment is expected to hold vital considerations for the growth of the solar inverters market.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Solar Inverters Market, 2018-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

The global solar inverters market is a concentrated market with the presence of limited multinationals and national players. Asia Pacific market generated the highest demand in 2017. This was primarily due to the increasing demand renewable energy sources in China as well as growing number of photovoltaic solar plants in the country. Additionally, depleting natural energy sources as well as deteriorating air quality has forced the government to take actions and curb emission of harmful gasses. Apart from China, Japan and South Korea, Indian which is rapidly becoming a major consumer of solar inverters in the region is also expected to generate substantial demand. European nations such as Germany, France, UK and Italy are anticipated to be some of the leading nations to generate substantial demand by 2026 in the region. North America is yet another potential industry in terms of production as well as consumption of solar inverters.

Some of leading industry participants include Huawei, Sungrow Power Supply, SMA Solar Technology AG, ABB Ltd., Sineng, TBEA, TMEIC, Schneider Electric, SolarEdge Technologies, Power Electronics, KACO New Energy Inc., Fronius, Wuxi Sineng, SunPower Corporation, Delta Electronics, Inc., Hitachi Hi-Rel Power Electronics Pvt. Ltd. and Siemens AG among others.

Request Discount on this Report before Buying @ https://www.polarismarketresearch.com/industry-analysis/solar-inverter-pv-inverter-market/inquire-before-buying/


Polaris Market Research

Neel

+1-646-568-9980

neel@polarismarketresearch.com

Source: EmailWire.Com

Renewable Energy News




Press release service Free Utility & Energy Magazines
Press release distribution service
:: Home: :: Submit Press Release :: Subscribe to News :: Contact Us :: Help

For unlimited press release distribution for $59 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.

Copyright 2008 GroupWeb Media LLC
GroupWeb Media Network

Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
| i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
EnergyIndustry.Net is a Energy news service of GroupWeb Media LLC