0
     

Report Added
Report already added
Global Power Inverter Market Report and Forecast 2022-2027

Global Power Inverter Market Report and Forecast 2022-2027

Global Power Inverter Market Report and Forecast 2022-2027

Market Outlook
According to Expert Market Research’s latest report, ‘Global Power Inverter Market Report and Forecast 2022-2027’, the global power inverter market size reached a value of about USD 71.17 billion in 2021. The market is further expected to increase at a CAGR of about 13.0% between 2022 and 2027 to reach a value of approximately USD 153.12 billion by 2027.

Power inverter is defined as an equipment which converts direct current into alternating current electricity, in order to power various electricity driven mechanisms. The design or circuitry of a power inverter affects the input voltage, output voltage and frequency, and overall power handling. Power inverters come in varied sizes such as 1000 watts, 3000 watts, and 5000 watts, among which, 3000 watts inverter is the most common. Modern power inverters come with USB outlets, digital screens, and mobile phone chargers. The major applications of power inverters include residential, commercial, and industrial. In addition to this, factors like no requirement of fuel, lubricants, or moving parts are the key advantages of this product.

The rising demand for power inverters from the residential sector, owing to the easy installation, rising rates of electrification, increasing standards of living, and growing investments in the preparedness in case of power cuts, is driving the market growth. The operating cost of inverter is low, require less maintenance, and are environment friendly, which are likely to be the invigorating factors of the market. The increasing adoption of high-end electrical equipment and appliances in the household will provide a push to the demand for the product in the forecast period. Meanwhile, the increasing adoption of solar power systems in the commercial and industrial sector is anticipated to propel the demand for power inverters in the coming years.

In terms of region, the Asia Pacific accounts for a significant share in the market owing to the rapid development of power plants, solar plants, and battery storage facilities in the emerging economies. For instance, in December 2021, Sungrow signed a contract with Rays Power Infra under which, a solar plant will be constructed in Bangladesh. Rapid urbanisation and residential and commercial development in India and China are also anticipated to provide impetus to the market in the forecast period.

Market Segmentation
The market report by Expert Market Research analyses the market based on segmentations such as rating, application, end use, and major region.

Market Breakup by Rating
•<5KW
•5KW to 95KW
•100KW to 495KW
•Above 500KW

Market Segmentation by Application
•Motor Drives
•UPS
•Rail Traction
•Wind Turbines
•EVs/HEVs
•Solar PVs
•Others

Market classification by End Use
•Utilities
•Residential
•Commercial and Industrial
•Automotive and Transportation
•Others

Market Breakup by Region
•North America
•Europe
•Asia Pacific
•Latin America
•Middle East and Africa

Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the key players in the industry. Some of the major players in the market explored in the Expert Market Research report are:
•Huawei Technologies Co., Ltd.
•SMA Solar Technology AG
•Tabuchi Electric Co.,Ltd.
•OMRON Corporation
•SolarEdge Technologies Inc.
•Others
*We, at Expert Market Research, always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents

1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Power Inverter Market Analysis
8.1 Key Industry Highlights
8.2 Global Power Inverter Historical Market (2017-2021)
8.3 Global Power Inverter Market Forecast (2022-2027)
8.4 Global Power Inverter Market by Rating
8.4.1 <5KW
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 5kW to 100kW
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 100kW to 500kW
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Above 500kW
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.5 Global Power Inverter Market by Application
8.5.1 Motor Drives
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 UPS
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Rail Traction
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Wind Turbines
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 EVs/HEVs
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2017-2021)
8.5.5.3 Forecast Trend (2022-2027)
8.5.6 Solar PVs
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2017-2021)
8.5.6.3 Forecast Trend (2022-2027)
8.5.7 Others
8.6 Global Power Inverter Market by End Use
8.6.1 Utilities
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Residential
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Commercial and Industrial
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.3 Automotive and Transportation
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Others
8.7 Global Power Inverter Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Market (2017-2021)
9.3.2 Market Forecast (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Loans and Financial Assistance
13 Project Economics
13.1 Capital Cost of Project
13.2 Techno-Economic Parameters
13.3 Product Pricing and Margins
13.4 Taxation and Depreciation
13.5 Income Projections
13.6 Expenditure Projections
13.7 Financial Projections
13.8 Profit Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Huawei Technologies Co., Ltd.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Financial Summary
14.2.1.5 Certifications
14.2.2 SMA Solar Technology AG
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Financial Summary
14.2.2.5 Certifications
14.2.3 Tabuchi Electric Co.,Ltd.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Financial Summary
14.2.3.5 Certifications
14.2.4 OMRON Corporation
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Financial Summary
14.2.4.5 Certifications
14.2.5 SolarEdge Technologies Inc.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Financial Summary
14.2.5.5 Certifications
14.2.6 Others
15 Industry Events and Developments



List of Key Figures and Tables

1. Global Power Inverter Market: Key Industry Highlights, 2017 and 2027
2. Global Power Inverter Historical Market: Breakup by Rating (USD Billion), 2017-2021
3. Global Power Inverter Market Forecast: Breakup by Rating (USD Billion), 2022-2027
4. Global Power Inverter Historical Market: Breakup by Application (USD Billion), 2017-2021
5. Global Power Inverter Market Forecast: Breakup by Application (USD Billion), 2022-2027
6. Global Power Inverter Historical Market: Breakup by Region (USD Billion), 2017-2021
7. Global Power Inverter Market Forecast: Breakup by Region (USD Billion), 2022-2027
8. North America Power Inverter Historical Market: Breakup by Country (USD Billion), 2017-2021
9. North America Power Inverter Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Europe Power Inverter Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Europe Power Inverter Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Asia Pacific Power Inverter Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Asia Pacific Power Inverter Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Latin America Power Inverter Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Latin America Power Inverter Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Middle East and Africa Power Inverter Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Middle East and Africa Power Inverter Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Global Power Inverter Market Structure

Report Title: Global Power Inverter Market Report and Forecast 2022-2027


Your Details
Valid Invalid number

SELECT A FORMAT

ADD TO CART BUY NOW

Related Report

Wave Energy Converter Market by Technology (Oscillating Water Column, Oscillating Body Converter (Point Absorber, Attenuator, Oscillating Wave Surge, Submerged Pressure Differential), Overtopping Device), Location, Application, Region - Forecast to 2030

Wave Energy Converter Market by Technology (Oscillating Water Column, Oscillating Body Converter (Point Absorber, Attenuator, Oscillating Wave Surge, Submerged Pressure Differential), Overtopping Device), Location, Application, Region - Forecast to 2030

Metal-air Battery Market by Metal (Zinc, Lithium, Aluminum, Iron), Voltage, Type (Primary, Secondary), Application (Electric Vehicles, Military Electronics, Electronic Devices, Stationary Power) and Region - Global Forecast to 2027

Metal-air Battery Market by Metal (Zinc, Lithium, Aluminum, Iron), Voltage, Type (Primary, Secondary), Application (Electric Vehicles, Military Electronics, Electronic Devices, Stationary Power) and Region - Global Forecast to 2027

Gas Insulated Switchgear Market by Installation (Indoor, Outdoor), Insulation Type (SF6, SF6 free), Voltage Rating (Up to 36 kV, 37 to 73 kV, 74 to 220 kV, Above 220 kV), Configuration, End-User and Region - Global Forecast to 2027

Gas Insulated Switchgear Market by Installation (Indoor, Outdoor), Insulation Type (SF6, SF6 free), Voltage Rating (Up to 36 kV, 37 to 73 kV, 74 to 220 kV, Above 220 kV), Configuration, End-User and Region - Global Forecast to 2027

Energy as a Service Market by Type (Energy Supply Services, Operational and Maintenance Services, and Energy Efficiency and Optimization Services) End-User (Commercial and Industrial) and Region - Global Forecast to 2027

Energy as a Service Market by Type (Energy Supply Services, Operational and Maintenance Services, and Energy Efficiency and Optimization Services) End-User (Commercial and Industrial) and Region - Global Forecast to 2027

Artificial Lift Market by Type (ESP, PCP, Rod Lift, Gas Lift), Mechanism (Pump Assisted (Positive Displacement, Dynamic Displacement), Gas Assisted), Well Type (Horizontal, Vertical), Application (Onshore, Offshore) and Region - Global Forecast to 2027

Artificial Lift Market by Type (ESP, PCP, Rod Lift, Gas Lift), Mechanism (Pump Assisted (Positive Displacement, Dynamic Displacement), Gas Assisted), Well Type (Horizontal, Vertical), Application (Onshore, Offshore) and Region - Global Forecast to 2027

Concentrating Solar Power Market by Technology (Solar Power Tower, Linear Concentrating System, Dish Stirling), Operation Type (Stand-alone, Storage), Capacity (<50 MW, 50-99 MW, 100 MW & Above), End User (Utilities, EOR), Region - Global Forecast to 2027

Concentrating Solar Power Market by Technology (Solar Power Tower, Linear Concentrating System, Dish Stirling), Operation Type (Stand-alone, Storage), Capacity (<50 MW, 50-99 MW, 100 MW & Above), End User (Utilities, EOR), Region - Global Forecast to 2027