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Title: 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
  • Purchase a single user copy of the global Energy
    Storage Battery Inverter
  • market report _at_ https//www.adroitmarketresearch.c
    om/researchreport/purchase/79

6
About Us
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    become our clients knowledge partner and provide
    them with valuable market insights to help create
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