Global Solar Hybrid Inverter Market 2017-2021

  • ID: 4240189
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Delta Energy Systems
  • Flin Energy
  • Lavancha Renewable Energy
  • Microtek Inverters
  • Redback Technologies
  • SolarEdge Technologies
  • MORE
About Solar Hybrid Inverter

Solar hybrid inverters apart from converting direct current to alternate current can also store excess power while working in tandem with batteries. This type of inverters solves the issues related to renewable energy variability and unreliable grid structures.

The analysts forecast the global solar hybrid inverter market to grow at a CAGR of 9.05% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global solar hybrid inverter market for 2017-2021. To calculate the market size, the report considers the new installations and exclude replacement/aftermarket sales.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Solar Hybrid 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 vendors operating in this market.

Key vendors
- Flin Energy
- Luminous India
- Microtek Inverters
- Schneider Electric
- Su-Kam Power Systems

Other prominent vendors
- Delta Energy Systems
- EAST Group
- KACO new energy
- Pure Volt
- TABUCHI ELECTRIC
- SHANGHAI SUNVIS NEW ENERGY
- Voltronic Power Technology
- SOLAX POWER
- SolarEdge Technologies
- Redback Technologies
- Growatt New Energy Technology
- GoodWe (Jiangsu) Power Supply Technology
- Lavancha Renewable Energy

Market drivers
- Rise in solar energy installations
- For a full, detailed list, view the full report

Market challenges
- Technical problems associated with solar PV components
- For a full, detailed list, view the full report

Market trends
- Rise in adoption of hybrid power systems in telecom towers
- For a full, detailed list, view the full 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 vendors in 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?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Delta Energy Systems
  • Flin Energy
  • Lavancha Renewable Energy
  • Microtek Inverters
  • Redback Technologies
  • SolarEdge Technologies
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Inverter technology overview
PART 05: Market landscape
  • Market overview
  • Five forces analysis
PART 06: Market segmentation by end-user
  • Global solar hybrid inverter market by end-user
  • Global solar hybrid inverters in residential sector
  • Global solar hybrid inverters for commercial sector
PART 07: Geographical segmentation
  • Solar hybrid inverter market by geographical segmentation
  • Solar hybrid inverter market in APAC
  • Solar hybrid inverter market in EMEA
  • Solar hybrid inverter market in Americas
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Growing demand for polycrystalline solar panels
  • Rise in adoption of hybrid power systems in telecom towers
  • Rise in deployment of microgrids
PART 11: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 12: Key vendor analysis
  • Flin Energy
  • Luminous India
  • Microtek Inverters
  • Schneider Electric
  • Su-Kam Power Systems
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global solar hybrid inverter market overview
Exhibit 02: Global solar hybrid inverter market 2016-2021 ($ millions)
Exhibit 03: Five forces analysis
Exhibit 04: Global solar hybrid inverter market by end-user segment 2016-2021 (%)
Exhibit 05: Global solar hybrid inverter market by end-user segment 2016-2021 ($ millions)
Exhibit 06: Global solar hybrid inverter market in residential sector 2016-2021 ($ millions)
Exhibit 07: Global solar hybrid inverter market in commercial sector 2016-2021 ($ millions)
Exhibit 08: Global solar hybrid inverter market by geographical segmentation 2016 and 2021 (%)
Exhibit 09: Global solar hybrid inverter market by geographical segmentation 2016-2021 ($ millions)
Exhibit 10: Solar hybrid inverter market in APAC 2016-2021 ($ millions)
Exhibit 11: Solar hybrid inverter market in EMEA 2016-2021 ($ millions)
Exhibit 12: Renewable electricity output in UK 2015 (%)
Exhibit 13: Solar hybrid inverter market in the Americas 2016-2021 ($ millions)
Exhibit 14: The US Solar PV installation (MW) 2010-2016:
Exhibit 15: Global PV installations year-over-year growth 2005-2016 (%)
Exhibit 16: Countries with renewable targets and policies 2005
Exhibit 17: Countries with renewable targets and policies 2015
Exhibit 18: Indexed cost of solar PV system, 2008-2015
Exhibit 19: Power generation pattern by 1 kW solar module in a day
Exhibit 20: Intermittency and its impact on power systems
Exhibit 21: Crude oil prices 2011-2016 (% change)
Exhibit 22: Comparison of the different technologies used in solar panels
Exhibit 23: Other prominent vendors (indicative list)
Exhibit 24: Flin Energy: Solar hybrid inverter products
Exhibit 25: Luminous India: Solar hybrid inverter products
Exhibit 26: Microtek Inverters: Solar hybrid inverter products
Exhibit 27: Schneider Electric: Product offerings
Exhibit 28: Su-Kam Power Systems: Business segmentation
Exhibit 29: Su-Kam Power Systems: Solar hybrid inverters
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FEATURED COMPANIES

  • Delta Energy Systems
  • Flin Energy
  • Lavancha Renewable Energy
  • Microtek Inverters
  • Redback Technologies
  • SolarEdge Technologies
  • MORE
New Report Released: – Global Solar Hybrid Inverter Market 2017-2021

The author of the report recognizes the following companies as the key players in the global solar hybrid inverter market: Flin Energy, Luminous India, Microtek Inverters, Schneider Electric, and Su-Kam Power Systems.

Other Prominent Vendors in the market are: Delta Energy Systems, EAST Group, KACO new energy, Pure Volt, TABUCHI ELECTRIC, SHANGHAI SUNVIS NEW ENERGY, Voltronic Power Technology, SOLAX POWER, SolarEdge Technologies, Redback Technologies, Growatt New Energy Technology, GoodWe (Jiangsu) Power Supply Technology, and Lavancha Renewable Energy.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is rise in adoption of hybrid power systems in telecom towers. The telecom industry is growing at a faster pace, especially in the developing economies. More telecom towers have been built in remote locations where the grid connectivity is bad. Hence, remote towers need a continuous power supply that can be provided by a combination of renewable energy sources and diesel generators. The focus is on hybrid power systems as they have a lower impact on the environment. This is because hybrid power systems produce lower carbon emissions than traditional power systems, which use a mix of different energy sources.”

According to the report, one of the major drivers for this market is rise in solar energy installations. In recent years, the solar energy industry has gained momentum and has grown dramatically. This owes to the initiatives that have been undertaken by the governments globally in order to encourage renewable resources. Most of the industrialized nations have integrated significant numbers of solar power installations into their electrical grids as an alternative to conventional energy sources. On the other hand, developing economies are using solar energy to reduce their dependence on expensive fossil fuel-based power generation.

Further, the report states that one of the major factors hindering the growth of this market is technical problems associated with solar PV components. The Eurozone crisis of 2009 affected the EU countries, many of which are still struggling from the impact of the crisis. Germany experienced a decline of almost 55% in new solar PV installations from 2013 to 2014. This is attributed to the severe cuts in FiTs coupled with increasing safety regulations on the construction of new solar PV systems in the country. In the same year, new PV installations increased worldwide by almost 20%.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Flin Energy
  • Luminous India
  • Microtek Inverters
  • Schneider Electric
  • Su-Kam Power Systems
  • Delta Energy Systems
  • EAST Group
  • KACO new energy
  • Pure Volt
  • TABUCHI ELECTRIC
  • SHANGHAI SUNVIS NEW ENERGY
  • Voltronic Power Technology
  • SOLAX POWER
  • SolarEdge Technologies
  • Redback Technologies
  • Growatt New Energy Technology
  • GoodWe (Jiangsu) Power Supply Technology
  • Lavancha Renewable Energy
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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