Energy Storage Battery Inverter Market Trends, Analysis, Growth and Forecast to 2025

1
Global Energy Storage Battery Inverter Market
Size 2017

• by Type (Single-Phase Electric Power, Three-Phase
  Low Power (10 kW to 35 kW), Three-Phase Medium
  Power (36 kW to 250 kW) and Three-Phase High
  Power (251 kW), by Application (Residential,
  Commercial and Utility Scale), by Region and
  Forecast 2018 to 2025

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2
Global Energy Storage Battery Inverter Market
Size And Forecast, 2015-2025

• The Global Energy Storage Battery Inverter Market
  size is projected to surpass USD 40 billion by
  2025, driven by the increasing need for
  uninterrupted power supply (UPS) and increasing
  adoption of renewable energy sources.
  Infrastructure development, as part of various
  smart city initiatives across the world, has led
  to the rise of energy consumption levels. This
  has led to an increased load on the grids
  resulting in frequent power outages. Therefore,
  the need to store energy to prevent power outages
  have led to the rapid deployment of battery
  inverters, thereby, driving the growth of the
  global energy storage systems market.
• Developing economies around the globe are
  focussing on renewable energy sources to generate
  electricity as part of clean energy initiatives.
  This has led to the development of the global
  battery storage systems market throughout the
  globe. For instance, India is planning to
  increase renewable energy capacity from 57 GW to
  175 GW by the year 2022. Increasing investments
  in the renewable energy sector are expected to
  augment the demand for large-scale solar PV
  plants.
• Battery storage systems help in providing backup
  in residential, commercial and utility-scale
  segments. Energy storage inverters are being
  increasingly installed in homes as they help in
  providing power backup at times of power outage.
• Browse the complete report on _at_
  https//www.adroitmarketresearch.com/industry-repo
  rts/energy-storage-battery-inverter-market

3
Global Energy Storage Battery Inverter Market
Size And Forecast, 2015-2025

• The utility-scale segment is anticipated to
  witness significant growth over the forecast
  period attributed to the development of
  large-scale PV projects across the globe.
  Additionally, government support towards
  installations of solar plants is set to drive the
  solar inverter market demand in utility-scale
  applications. Additionally, installations of
  utility-scale energy storage battery inverters
  are expected to increase rapidly during the
  forecast period at an anticipated CAGR of 9.7,
  globally.
• Single-phase electric power, three-phase low
  power (10 kW to 35 kW), three-phase medium power
  (36 kW to 250 kW) and three-phase high power (251
  kW) are the types of energy storage inverters
  used across multiple industries. In 2017,
  three-phase low power (10 kW to 35 kW) dominated
  the global energy storage battery inverter
  market, accounting for approximately 48.8 share.
  Rising demand for extreme power supply (EPS) in
  residential and commercial sectors is the major
  factor contributing towards the growth of this
  inverter type.
• North America is projected to be the second
  largest region in the global energy storage
  battery inverter market over the forecast period.
  This growth can be attributed to the growing
  number of installations in utility and
  residential applications in the region. For
  instance, according to energy storage association
  (ESA), new energy storage installations in the
  U.S. to reach 35 GW by 2025.
• On the other hand, Asia Pacific which accounted
  for 50.8 of the total installations in 2017 is
  likely to witness the fastest growth up to 2025
  due to huge investments made by various
  governments to increase renewable energy sector.
  Huge investments by key manufacturers and new
  product launches are the other factors
  contributing to the growth of the segment and
  overall solar inverter market. For instance,
  SolarEdge manufactures 10kW three-phase inverter
  which is small, lightest in its class and easy to
  install.

4
Key Segments of the Global Energy Storage Battery
Inverter Market

• Type Overview, 2015-2025 (MW) (USD Million)
• Single-Phase Electric Power
• Three-Phase Low Power (10 kW to 35 kW)
• Three-Phase Medium Power (36 kW to 250 kW)
• Three-Phase High Power (251 kW)
• Application Overview, 2015-2025 (MW) (USD
  Million)
• Residential
• Commercial
• Utility Scale
• Regional Overview, 2015-2025 (MW) (USD Million)
• North America
• U.S.
• Canada

5
Key Segments of the Global Energy Storage Battery
Inverter Market

• Regional Overview, 2015-2025 (MW) (USD Million)
• Europe
• France
• UK
• Germany
• Rest of Europe
• Asia Pacific
• Latin America
• Middle East Africa
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6
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