Dublin, Dec. 08, 2022 (GLOBE NEWSWIRE) -- The "Global Solar PV Inverter Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
This study covers the advantages and disadvantages of several inverter types and the parameters that developers consider when choosing inverters.
Solar PV is the most advantageous of renewable power sources. In most parts of the world, light is abundant throughout the year, and solar PV is a low-investment, minimal-maintenance option. Unlike wind farms that require extensive land, resource optimization is possible with solar PV. In addition, developers can execute projects in as quickly as 3 months, a turnaround time which they can leverage during energy crises, such as the one being experienced in Europe.
Advancement of storage technologies has further strengthened the case for PV with variability in production having been a major source of concern in the past. Inverters are critical components of solar PV systems and determine the efficiency and longevity of PV assets. Choice of inverters is a major decision in PV projects, and inverters are allocated about 6% to 11% of the installed costs.
This study also analyzes drivers of the global demand for solar PV inverters, trends shaping the market, and challenges that stakeholders face.
It identifies global PV hotspots for the consideration of new market entrants or existing participants, growth opportunities and revenue potential that participants can capitalize and analyzes the competitive environment across the value chain. Revenue potential is segmented by geography, end user, and inverter type.
Key Issues Addressed
- What is the status of the global solar PV inverter market?
- What are the key drivers and restraints affecting the market? What are the competitive factors in this market?
- Is the market growing? how long will it continue to grow and at what rate?
- Are key regulations affecting not just the solar PV market but also the inverter market?
- Which are the key growth regions for solar PV that market participants can consider for expansion?
- Who are the key market participants and what are their strategies? What does the competitive landscape look like?
- How are revenues likely to change over the course of the next few years?
- What are the avenues available for strategic investment in the global solar PV inverter market? How best can key stakeholders benefit from them?
Key Topics Covered:
1. Strategic Imperatives
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative
- The Impact of the Top 3 Strategic Imperatives on the Global Solar Photovoltaic (PV) Inverters Market
- Growth Opportunities Fuel the Growth Pipeline Engine
- Key Findings
2. Growth Opportunity Analysis
- Scope of Analysis
- Global Solar Inverters Market Segmentation
- Inverter Classifications
- Comparison of Inverters
- Inverter Purchase Parameters
- What Impacts Inverter Reliability?
- Types of IGBT Failure
- Types of Capacitor Failure
- Compliance and Failure Avoidance
- Top Value Chain Participants
- Key Competitors (By Technology/End Users)
- Key Competitors (By Additional Features)
- Growth Metrics
- Distribution Channels
- Growth Drivers
- Growth Restraints
- Global Solar PV Capacity Additions (2022-2030)
- Trends
- Digital Inverters
- Digital O&M
- Growth Strategy Trends
- The Push for Local Manufacturing
- Hybrid Inverters and String Inverters to Dominate
- Forecast Assumptions
- Revenue and Unit Shipment Forecast
- Revenue Forecast by Inverter Type
- Unit Shipment Forecast by Inverter Type
- Revenue Forecast by Region
- Unit Shipment Forecast by Region
- Revenue Forecast by End User
- Unit Shipment Forecast by End User
- Revenue Forecast Analysis
3. Regional Analysis
Revenue Forecast Analysis - North America
- Revenue and Unit Shipment Forecast
- Revenue Forecast by Country
- Revenue Forecast by Inverter Type
- Revenue Forecast by End User
- Unit Shipment Forecast by Country
- Unit Shipment Forecast by Inverter Type
- Unit Shipment Forecast by End User
Revenue Forecast Analysis - Europe
- Revenue and Unit Shipment Forecast
- Revenue Forecast by Country
- Revenue Forecast by Inverter Type
- Revenue Forecast by End User
- Unit Shipment Forecast by Country
- Unit Shipment Forecast by Inverter Type
- Unit Shipment Forecast by End User
Revenue Forecast Analysis - LATAM
- Revenue and Unit Shipment Forecast
- Revenue Forecast by Country
- Revenue Forecast by Inverter Type
- Revenue Forecast by End User
- Unit Shipment Forecast by Country
- Unit Shipment Forecast by Inverter Type
- Unit Shipment Forecast by End User
Revenue Forecast Analysis - APAC
- Revenue and Unit Shipment Forecast
- Revenue Forecast by Country
- Revenue Forecast by Inverter Type
- Revenue Forecast by End User
- Unit Shipment Forecast by Country
- Unit Shipment Forecast by Inverter Type
- Unit Shipment Forecast by End User
Revenue Forecast Analysis - The Middle East
- Revenue and Unit Shipment Forecast
- Revenue Forecast by Country
- Revenue Forecast by Inverter Type
- Revenue Forecast by End User
- Unit Shipment Forecast by Country
- Unit Shipment Forecast by Inverter Type
- Unit Shipment Forecast by End User
Revenue Forecast Analysis - Africa
- Revenue and Unit Shipment Forecast
- Revenue Forecast by Country
- Revenue Forecast by Inverter Type
- Revenue Forecast by End User
- Unit Shipment Forecast by Country
- Unit Shipment Forecast by Inverter Type
- Unit Shipment Forecast by End User
Revenue Forecast Analysis - Russia and CIS
- Revenue and Unit Shipment Forecast
- Revenue Forecast by Country
- Revenue Forecast by Inverter Type
- Revenue Forecast by End User
- Unit Shipment Forecast by Country
- Unit Shipment Forecast by Inverter Type
- Unit Shipment Forecast by End User
Pricing Trends and Forecast Analysis
- Competitive Environment
- Revenue Share - Solar Inverters
4. Growth Opportunity Universe
- Growth Opportunity 1: Vertical Market Expansion
- Growth Opportunity 2: Geographic Expansion
- Growth Opportunity 3: Silicon Carbide/Gallium Nitride Converters
- Growth Opportunity 4: Inverter with PID Control
- Growth Opportunity 5: Attractive Financing Options/Off-balance-sheet Asset Arrangement
For more information about this report visit https://www.researchandmarkets.com/r/seexj5
