NEW YORK, Feb. 15, 2017 /PRNewswire/ --
About Inverter
An inverter system is a device that converts direct current (DC) into alternate current (AC). From this process, alternating current is produced and this form of electricity can be used to power appliances and electrical machines.
Technavio's analysts forecast the global inverter market to grow at a CAGR of 6% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global inverter market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sale of inverters in different end-user industries.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Technavio's report, Global Inverter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendorsoperating in this market.
Key vendors
- ABB
- Bonfiglioli
- GE
- Schneider Electric
- SMA Solar Technology
Other prominent vendors
- Mitsubishi Electric
- Danfoss
- Delta Electronics
- Eaton
- Vertiv
- Enphase Energy
- Fronius International
- Advanced Energy Industries
- Sungrow
- Siemens
- ALSTOM
- KACO new energy
- Power One Micro Systems
- OMRON
- TABUCHI ELECTRIC
- Huawei Technologies
Market driver
- Increasing solar energy installation
- For a full, detailed list, view our report
Market challenge
- Weak global economic outlook
- For a full, detailed list, view our report
Market trend
- Increase in demand for clean power
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendorsin this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Read the full report: http://www.reportlinker.com/p04661526-summary/view-report.html
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