Asia-Pacific Renewable Energy Inverters Market, Forecast to 2021

  • ID: 4224840
  • Report
  • Region: Asia Pacific
  • 81 Pages
  • Frost & Sullivan
1 of 4
Market Enters Mature Stage and Renewable Energy Projects in Japan and Australia Slow Down

FEATURED COMPANIES

  • ABB
  • Fuji Electric
  • Omron
  • Schneider Electric
  • Sharp
  • SMA
  • MORE

The Asia-Pacific Renewable Energy (RE) inverters market is entering the mature stage, especially in developed countries such as Australia and Japan. However, growth potential still exists in Southeast Asia, as RE adoption growth is still promising. The market registered a revenue that was close to $2.5 billion and is forecasted to expand by less than 1% from 2016 to 2021. The low Compound Annual Growth Rate (CAGR) is attributed to the maturity of the largest markets such as Australia, Japan, and South Korea.

In this study, the use of inverters usually reflects the development of RE. In Australia, solar and wind energy development are equally significant. This trend is expected to continue for the next 5 years, in spite of lowering of Feed-in-tariffs (FiTs) in the country. Southeast Asia’s RE inverter market is expected to account for double digit growth from 2016 to 2021, whereby the off-grid RE inverter market will find opportunities in rural electrification projects in this region. The top 5 countries with an attractive wind energy inverter market are Japan, Australia, South Korea, the Philippines, and Thailand. However, in the base year, this market was dull but is expected to pick up during the forecast period due to projects from these nations.

Top 3 market participants with the highest share are Tabuchi Electric, Omron, and TMEIC.

Research Scope:

The market trends are analyzed for a study period of 2012 to 2022, with the base year being 2016. RE inverter for solar and wind power generation, for both on grid and off grid is the key focus area in this study. The capacity segments are broadly categorized into ‘Above 10kW’ and ‘Up to 10kW’. Geographic coverage includes Southeast Asia (Vietnam, Indonesia, Thailand, Malaysia, the Philippines, and Singapore), East Asia (Japan, Taiwan, and South Korea), and Australia and New Zealand (ANZ). This analysis excludes China.

The other companies mentioned in this study include Sharp, Fuji Electric, SMA, ABB, Schneider Electric, and SolarEdge.

Key Questions This Study Will Answer:

  • What factors are driving the Asia-Pacific RE Inverters market? Is growth sustainable till 2021?
  • What are the RE targets of respective countries in the RE inverter market? Are the regulations and incentive schemes supporting the growth in the region?
  • What are the challenging factors in the market? Are competitors strategically positioned to meet these challenges?
  • Which market segments are more attractive during the forecast period-residential or utility scale?
  • Which are the major market competitors? Is the market facing competition from regional or Western multinational participants?
READ MORE
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • ABB
  • Fuji Electric
  • Omron
  • Schneider Electric
  • Sharp
  • SMA
  • MORE
1. Executive Summary
Key Findings

2. Introduction
Definitions
Segmentation by Energy Source
Segmentation by Vertical Market
Geographic Scope and Exchange Rates

3. Market Overview
RE Inverter Market Breakdown by Energy Source
Regional Hot Spots

4. Drivers and Restraints-Total RE Inverters Market
Market Drivers
Drivers Explained
Market Restraints
Restraints Explained

5. Forecasts and Trends-Total RE Inverters Market
Forecast Assumptions
Revenue Forecast
Revenue Forecast Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Revenue Forecast Discussion by Region
Percent Revenue Forecast by Grid Connectivity
Percent Revenue Forecast by Grid Connectivity Discussion
Percent Revenue Forecast by Vertical Market
Revenue Forecast by Vertical Market
Revenue Forecast Discussion by Vertical Market

6. Competitive Analysis-Total RE Inverters Market
Competitive Analysis
Competitive Analysis Discussion

7. East Asia Breakdown
Revenue Forecast by Country
Revenue Forecast by Country Discussion
Percent Revenue Forecast by Energy Sources
Revenue Forecast by Energy Sources Discussion
Revenue Forecast by Vertical Market
Revenue Forecast by Vertical Market Discussion

8. ANZ Breakdown
Revenue Forecast by Country
Revenue Forecast by Country Discussion
Percent Revenue Forecast by Energy Sources
Revenue Forecast by Energy Source Discussion
Revenue Forecast by Vertical Market
Revenue Forecast by Vertical Discussion

9. Southeast Asia Breakdown
Revenue Forecast by Country
Revenue Forecast by Country Discussion
Percent Revenue Forecast by Energy Sources
Revenue Forecast by Energy Source Discussion
Revenue Forecast by Vertical Market
Revenue Forecast by Vertical Discussion

10. Growth Opportunities and Companies to Action
Growth Opportunity 1-New Offering
Growth Opportunity 2-Future Competition
Strategic Imperatives for Success and Growth

11. The Last Word
Key Conclusions
Legal Disclaimer

12. Appendix
Other Companies
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • ABB
  • Fuji Electric
  • Omron
  • SMA
  • Schneider Electric
  • Sharp
  • SolarEdge
  • TMEIC
  • Tabuchi Electric
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
Adroll
adroll