DUBLIN, Oct. 27, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Solar PV Inverter Market 2014-2018" report to their offering.
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A PV inverter is a device that converts direct current (DC) from solar panels to alternate current (AC) of the required frequency, which is then supplied to the electric grid. This device uses the maximum power point tracking (MPPT) technique to extract the maximum amount of power from an array of solar panels. Though it functions just as a simple converter, a PV inverter is the most essential part of a solar power plant.
The analysts forecast the Global Solar PV Inverter market to grow at a CAGR of 2.7 percent over the period 2013-2018.
The report covers the present scenario and the growth prospects of the Global Solar PV Inverter market for the period 2014-2018. The report provides data based on technology and geography.
The report, the Global Solar PV Inverter Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Solar PV Inverter market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
One of the major trends in the market is the increase in the number of new entrants that are seeking to capitalize on the high demand for technologically advanced PV inverters.
According to the report, the integration of energy storage devices with PV inverters is one of the major growth drivers in the market because they help to optimize load management. These energy storage devices store the solar power in the morning and distribute it later in the night, when the demand for electricity is high.
Further, the report states that seasonal fluctuation is a major threat in the market. The intensity of sunlight varies throughout the day; it also varies according to the season and differs according to geographical locations, which
poses a challenge to the market.
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.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Market Landscape
07. Market Segmentation by Technology
08. Geographical Segmentation
09. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
Companies Mentioned:
- KACO New Energy
- Power-one
- Schneider Electric
- SMA Solar Technology
- Bonfiglioli Riduttori
- Danfoss Solar Inverter
- Eaton
- Emerson Electric
- Enphase Energy
- Fronius International
- GE
- Jiangsu Zeversolar New Energy
- Mitsubishi Electric
- Proniso
- REFUsol
- Riello
- Siemens
- TDK
- Toshiba
For more information visit http://www.researchandmarkets.com/research/4wvmmz/global_solar_pv
Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net
