Global Power Inverter Market Status by Top Industry Player, Demand, Growth, Trends & Forecast to 2018-2023 - PowerPoint PPT Presentation

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Global Power Inverter Market Status by Top Industry Player, Demand, Growth, Trends & Forecast to 2018-2023

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Get more information about the market: The latest report by IMARC Group, titled “Power inverter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global power inverter market reached a value of US$ 64 Billion in 2017, registering a CAGR of 7% during 2010-2017. Want more information about this market? Request a free report sample: Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Website: Follow us on twitter : @imarcglobal – PowerPoint PPT presentation

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Title: Global Power Inverter Market Status by Top Industry Player, Demand, Growth, Trends & Forecast to 2018-2023


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    Global Power Inverter Market to Reach US
95 Billion by 2023

Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
economic and technological developments for
business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
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Report Description and Highlights
Report Description
Global Power Inverter Market to Reach US 95
Billion by 2023 The global power inverter
market has witnessed a positive growth over the
past several years. This can be attributed to
rapid electrification and urbanization in
emerging regions coupled with the
environment-friendly nature of power
inverters. The latest report by IMARC Group,
titled Power inverter Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2018-2023, finds that the global power
inverter market reached a value of US 64 Billion
in 2017, registering a CAGR of 7 during
2010-2017. Power inverter is an electronic device
which changes direct current (DC) from batteries,
solar panels, or high voltage DC transmission
lines to alternating current (AC). It is used to
run devices, tools, and other residential and
commercial electrical appliances. Unlike
conventional generator, power inverter is
generally smaller, lighter and provides more
energy savings. Over the years, power inverters
have gained prominence as they ensure a highly
efficient and reliable power supply, offer low
operating cost, and eliminate inconvenience of
using change-over switches.
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Report Description and Highlights
Report Description
Global Power Inverter Market Trends With
growing electrification and rapid urbanization,
the majority of the population nowadays relies on
electronic appliances and gadgets, such as air
conditioners, televisions, laptops,
refrigerators, etc. This has resulted in a
significant need for power inverters which are
used to provide an uninterrupted power supply and
as an alternate backup power solution in case of
emergencies. Moreover, power inverters produce
zero emission while providing electricity and are
also substantially quieter in operation than
traditional generators. Further, power inverter
manufacturers are investing in RD activities so
as to develop new technologies which will enhance
characteristics associated with the operation of
these inverters. However, low-battery lifespan
coupled with high maintenance cost are the major
factors constraining the demand for power
inverters. Looking forward, the market is
projected to reach a value of US 95 Billion by
2023. Read more here https//www.imarcgroup.co
m/prefeasibility-report-power-inverter-manufacturi
ng-plant
5
Report Description and Highlights
Report Description
  Want more information about
this market? Request a free report
sample https//www.imarcgroup.com/request?typere
portid347flagB
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Report Description and Highlights
  • Global Power Inverter Market Summary
  • On the basis of type, the market has been
    segmented into lt5KW, 5-95 KW, 100-495 KW and gt500
    KW. Amongst these, 100KW to 495KW represent the
    most popular type of power inverter, holding the
    majority of the global share.
  • Based on application, the report finds that motor
    drives account for the largest market share.
    Owing to the high dependency on the electronic
    appliances, the demand for motor drives are
    escalating across the globe. Other major
    application segments include UPS, rail traction,
    wind turbines, EVs/HEVs and solar PVs.
  • On a geographical front, Asia-Pacific is the
    leading market for power inverters, accounting
    for nearly a half of the total market share.
    Other major regions are Europe, North America,
    Latin America, and Middle East and Africa.
  • The competitive landscape of the market has also
    been examined with some of the key players being
    SMA Solar Technology, Omron Corporation, ABB Ltd,
    Tabuchi Electric Co., Ltd, Tmeic Corporation,
    Advanced Energy Industries, Enphase Energy,
    Schneider Electric, Huawei and SolarEdge.
  • Browse More Related Reports 
  • Fuel Cell Market https//www.imarcgroup.com/fuel-
    cell-market
  • GCC Water Heater Market https//www.imarcgroup.co
    m/gcc-water-heater-market

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Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
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