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Solar PV Inverters, Update 2018 - Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2022

Solar PV Inverters, Update 2018 - Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2022

Summary

The global solar photovoltaic (PV) inverters market is expected to hold an aggregate market value of over $22billion during the period 2018-2022. The global market was valued at around $6 billion in 2017 and is estimated to hold an average annual value of about $4.4 billion between 2018 and 2022. In terms of solar PV additions, Asia eclipsed all other markets for the fourth consecutive year, accounting for about two-thirds of global additions in 2017. Consequently, Asia-Pacific region led the solar inverters market, valued at around $3.7 billion. It was followed by Americas and EMEA (Europe, Middle East, and Africa) registering about $1.7 billion and $0.8 billion, respectively.

In terms of market value, China, the US, and Japan together held over 65% and led the global solar PV inverter market in the year 2017.

Between 2017 and 2022, the global solar PV inverters market is expected to witness a negative compound annual growth rate (CAGR) of over 10% in terms of market value. The estimated fall in the market value is mainly attributed to the fall in inverter prices. The solar inverter and module prices have declined for a variety of reasons, including but not limited to, persistent price pressure on equipment suppliers, the anti-dumping tariffs implemented by the US on Chinese modules, the euro and yen depreciation, and the downward adjustment of the minimum import prices. In the solar PV industry, buyers are price sensitive, creating persistent price pressure on equipment suppliers. The global solar PV inverters market has several strong participants such as Huawei Technologies Co Ltd, Sungrow Power Supply Co Ltd, and SMA Solar Technology AG. The highly fragmented nature of the market has also led to the reduction in solar inverter prices. As a result of the falling prices, the total installed capacity between 2018 and 2022 is estimated to be close to 370.6 gigawatts (GW), whereas it stood at approximately 316.2 GW between 2012 and 2017.

In terms of market volume, the Asia-Pacific region held approximately 70% of the global solar PV inverters market during the year 2017, followed by the Americas with 19%, and EMEA with 11%. The Asia-Pacific region is expected to continue to lead the global market in terms of market volume at the end of the forecast period as well. China, US, and India were the top countries and together held over 70% of the global market share in 2017 with respect to installed capacity.

China led the solar PV inverters market globally with 41 GW of installations in the year 2017. It held over 49% of the global market share in the year 2017.The US emerged as the second-largest market globally for solar PV inverters in 2017, registering 13.2 GW. It accounted for more than 15% of the global market during the year. India ranked third, next to the US, with a market volume of 8.07 GW in 2017, accounting for nearly 9.6% of the global market.

The report Solar PV Inverters, Update 2018 - Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2022, analyzes solar PV inverters market. Its scope includes -

  • Analysis of the growth of solar PV inverters market in global and regional level including Asia-Pacific, Americas, and EMEA.
  • The report provides solar PV inverters market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
  • The report offers country level solar PV inverters market volume and value by end-user segment for the period 2012-2022.
  • Qualitative analysis of key market drivers and restraints, and analysis of their impacts on solar PV inverters market are discussed.
  • The report provides competitive landscape at country level for the year 2017. It also covers key policies and initiatives, key deals, and key upcoming projects.


  • Companies mentioned in this report:

    7C Solarparken AG, 8minutenergy Renewables LLC, ABB Ltd, ACME Solar Energy Private Limited, Adani Power Ltd, Andes Green Energy SA, Andes Mainstream SA, Apex Clean Energy Holdings LLC, Atacama Solar, Avangrid, Inc., Aventron AG, Azure Power India Private Limited, Banpu Power Public Company Limited, Big60Million Ltd, BluEarth Renewables Inc, BowMont Capital and Advisory, Ltd, Canadian Solar Inc, Canadian Solar Solutions Inc., Cap Vert Energie SAS, Capital Power Corporation, Capstone Infrastructure Corporation, Celtic Solar Group SpA, Centauri Energy, LLC, Colbun SA, ConsorzioIntercomunaleSalvaguardiaAmbientale, EDF EN Canada Inc, EDF Renewable Energy Inc, Energiekontor AG, Energy Capital Group, LLC, Engie SA, Eole-Res SA, Etrion Corp, First Solar Inc, First Solar Japan GK, Florida Power & Light Co, Frontier Renewables LLC, Fujian Energy Group Co Ltd, GCL-Poly Energy Holdings Ltd., GE Renewable Energy, GP JOULE GmbH, Green Cat Renewables, Green Energy UK Direct Ltd, Hazel Capital LLP, Henan Senyuan Group Co Ltd, Hitachi High-Technologies Corp, Hive Energy Ltd, Huawei Technologies Co Ltd, Ikav EE SARL, Indian Oil Corporation Ltd, Innergex Renewable Energy Inc, Island Green Power UK Ltd, KACO new energy GmbH, Kells Solar PV Limited, Kstar New Energy Co., Ltd., Lightsource Renewable Energy Ltd, Little Staughton Airfield Solar Limited, LS Power Group, Lunar Energy Ltd, MES Solar XXXII GmbH & Co. KG, Milltown Airfield Solar PV Limited, Mitsubishi UFJ Lease & Finance Co Ltd, Moncada Energy Group Srl, National Solar Power, LLC, NextEra Energy Canada LP, NRG Renew, Oil India Ltd, Ontario Power Generation Inc, Parque Solar Fotovoltaico Luz del Oro SpA, Photovolt Development Partners GmbH, Quantum Power GK, RAD Energy Three Ltd, Reliance Power Ltd, Renewable Energy Generation Limited, RES UK & Ireland Ltd, SB Energy Corporation, Scatec Solar ASA, Schneider Electric SE, Sheen Tai Holdings Group Company Limited, Shenzhen Kstar Science & Technology Co., Ltd., Silver Ridge Power, LLC, Six Nations Development Corporation, SJVN Ltd, SMA Solar Technology AG, Solar Planning Ltd, SolarEdge Technologies Inc, SolarReserve LLC, Sonnedix BV, Sterling Solar LLC, Suncor Energy Inc, SunEnergy1, Sungrow Power Supply Co Ltd, SunPower Corporation, TBEA Xinjiang Sunoasis Co Ltd, Tebian Electricity Apparatus Stock Co Ltd, TMEIC Corporation, Urbasolar, Valhalla Energy, Valorem SAS, Wendel SA.

    Scope

    The report analyses solar PV inverters market, which includes -
    • Analysis of the growth of solar PV inverters market in global and regional level including Asia-Pacific, Americas, and EMEA.
    • The report provides solar PV inverters market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
    • The report offers country level solar PV inverters market volume and value by end-user segment for the period 2012-2022.
    • Qualitative analysis of key market drivers and restraints, and analysis of their impacts on solar PV inverters market are discussed.
    • The report provides competitive landscape at country level for the year 2017. It also covers key policies and initiatives, key deals, and key upcoming projects.
    Reasons to buy
      The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -
      • Facilitate decision-making by analyzing market data on solar PV inverters
      • Develop strategies based on developments in the solar PV inverters market
      • Identify key partners and business-development avenues, based on an understanding of the movements of the major competitors in the solar PV inverters market
      • Respond to your competitors’ business structure, strategies, and prospects.


1 Table of Contents 2
1.1 List of Tables
1.2 List of Figures
2 Executive Summary 10
2.1 Global Solar PV Inverters Market to Hold an Aggregate Market Value of $22.2 Billion during the Period 2018-2022
2.2 China to Lead the Solar PV Inverters Market followed by the US and India in terms of Market Volume
3 Introduction 14
3.1 Solar Photovoltaic Technology
3.2 Solar Inverter
3.3 Application Areas
3.4 Advantages of Solar PV Inverters
3.5 GlobalData Report Guidance
4 Solar PV Inverters, Global 20
4.1 Solar PV Inverters, Global, Market Overview
4.2 Solar PV Inverters, Global, Drivers and Restraints
4.3 Solar PV Inverters, Global, Market Volume, by End-user Segment, 2012-2022
4.4 Solar PV Inverters, Global, Market Value, by End-user Segment, 2012-2022
4.5 Solar PV Inverters, Global, Competitive Landscape, 2012-2022
5 Solar PV Inverters, Americas 30
5.1 Solar PV Inverters, Americas, Market Overview
5.2 Solar PV Inverters, Americas, Market Volume, by End-user Segment, 2012-2022
5.3 Solar PV Inverters, Americas, Market Value, by End-user Segment, 2012-2022
6 Solar PV Inverters, US 36
6.1 Solar PV Inverters, US, Market Overview
6.2 Solar PV Inverters, US, Market Drivers and Restraints Analysis
6.3 Solar PV Inverters, US, Drivers and Impact Analysis
6.4 Solar PV Inverters, US, Restraint and Impact Analysis
6.5 Solar PV Inverters, US, Market Volume, by End-user Segment, 2012-2022
6.6 Solar PV Inverters, US, Market Value, by End-user Segment, 2012-2022
6.7 Solar PV Inverters, US, Competitive Landscape, 2017
6.8 Solar PV Inverters, US, Key Upcoming Solar PV Projects
6.9 Solar PV Inverters, US, Key Policies and Initiatives
7 Solar PV Inverters, Canada 60
7.1 Solar PV Inverters, Canada, Market Overview
7.2 Solar PV Inverters, Canada, Market Drivers and Restraints Analysis
7.3 Solar PV Inverters, Canada, Drivers and Impact Analysis
7.4 Solar PV Inverters, Canada, Restraint and Impact Analysis
7.5 Solar PV Inverters, Canada, Market Volume, by End-user Segment, 2012-2022
7.6 Solar PV Inverters, Canada, Market Value, by End-user Segment, 2012-2022
7.7 Solar PV Inverters, Canada, Competitive Landscape, 2017
7.8 Solar PV Inverters, Canada, Key Upcoming Solar PV Projects
7.9 Solar PV Inverters, Canada, Key Policies and Initiatives
8 Solar PV Inverters, Chile 81
8.1 Solar PV Inverters, Chile, Market Overview
8.2 Solar PV Inverters, Chile, Market Drivers and Restraints Analysis
8.3 Solar PV Inverters, Chile, Drivers and Impact Analysis
8.4 Solar PV Inverters, Chile, Restraint and Impact Analysis
8.5 Solar PV Inverters, Chile, Market Volume, by End-user Segment, 2012-2022
8.6 Solar PV Inverters, Chile, Market Value, by End-user Segment, 2012-2022
8.7 Solar PV Inverters, Chile, Competitive Landscape, 2017
8.8 Solar PV Inverters, Chile, Key Upcoming Solar PV Projects
8.9 Solar PV Inverters, Chile, Key Policies and Initiatives
9 Solar PV Inverters, Asia-Pacific 94
9.1 Solar PV Inverters, Asia-Pacific, Market Overview
9.2 Solar PV Inverters, Asia-Pacific, Market Volume, by End-user Segment, 2012-2022
9.3 Solar PV Inverters, Asia-Pacific, Market Value, by End-user Segment ,2012-2022
10 Solar PV Inverters, China 100
10.1 Solar PV Inverters, China, Market Overview
10.2 Solar PV Inverters, China, Drivers and Restraints Analysis
10.3 Solar PV Inverters, China, Drivers and Impact Analysis
10.4 Solar PV Inverters, China, Restraint and Impact Analysis
10.5 Solar PV Inverters, China, Market Volume, by End-user Segment, 2012-2022
10.6 Solar PV Inverters, China, Market Value, by End-user Segment, 2012-2022
10.7 Solar PV Inverters, China, Competitive Landscape, 2017
10.8 Solar PV Inverters, China, Key Upcoming Solar PV Projects
10.9 Solar PV Inverters, China, Key Policies and Initiatives
11 Solar PV Inverters, India 117
11.1 Solar PV Inverters, India, Market Overview
11.2 Solar PV Inverters, India, Drivers and Restraints Analysis
11.3 Solar PV Inverters, India, Drivers and Impact Analysis
11.4 Solar PV Inverters, India, Restraint and Impact Analysis
11.5 Solar PV Inverters, India, Market Volume, by End-user Segment, 2012-2022
11.6 Solar PV Inverters, India, Market Value, by End-user Segment, 2012-2022
11.7 Solar PV Inverters, India, Competitive Landscape, 2017
11.8 Solar PV Inverters, India, Key Upcoming Solar PV Projects
11.9 Solar PV Inverters, India, Key Policies and Initiatives
12 Solar PV Inverters, Japan 132
12.1 Solar PV Inverters, Japan, Market Overview
12.2 Solar PV Inverters, Japan, Drivers and Restraints Analysis
12.3 Solar PV Inverters, Japan, Drivers and Impact Analysis
12.4 Solar PV Inverters, Japan, Restraint and Impact Analysis
12.5 Solar PV Inverters, Japan, Market Volume, by End-user Segment, 2012-2022
12.6 Solar PV Inverters, Japan, Market Value,by End-user Segment, 2012-2022
12.7 Solar PV Inverters, Japan, Competitive Landscape, 2017
12.8 Solar PV Inverters, Japan, Key Upcoming Solar PV Projects
12.9 Solar PV Inverters, Japan, Key Policies and Initiatives
13 Solar PV Inverters, Europe, Middle East, Africa (EMEA) 144
13.1 Solar PV Inverters, EMEA, Market Overview
13.2 Solar PV Inverters, EMEA, Market Volume, by End-user Segment, 2012-2022
13.3 Solar PV Inverters, EMEA, Market Value, by End-user Segment, 2012-2022
14 Solar PV Inverters, UK 151
14.1 Solar PV Inverters, UK, Market Overview
14.2 Solar PV Inverters, UK, Drivers and Restraints Analysis
14.3 Solar PV Inverters, UK, Drivers and Impact Analysis
14.4 Solar PV Inverters, UK, Restraint and Impact Analysis
14.5 Solar PV Inverters, UK, Market Volume, by End-user Segment, 2012-2022
14.6 Solar PV Inverters, UK, Market Value, by End-user Segment, 2012-2022
14.7 Solar PV Inverters, UK, Competitive Landscape, 2016
14.8 Solar PV Inverters, UK, Key Upcoming Solar PV Projects
14.9 Solar PV Inverters, UK, Key Policies and Initiatives
15 Solar PV Inverters, Germany 165
15.1 Solar PV Inverters, Germany, Market Overview
15.2 Solar PV Inverters, Germany, Drivers and Restraints Analysis
15.3 Solar PV Inverters, Germany, Drivers and Impact Analysis
15.4 Solar PV Inverters, Germany, Restraint and Impact Analysis
15.5 Solar PV Inverters, Germany, Market Volume, by End-user Segment, 2017-2022
15.6 Solar PV Inverters, Germany, Market Value, by End-user Segment, 2012-2022
15.7 Solar PV Inverters, Germany, Competitive Landscape, 2017
15.8 Solar PV Inverters, Germany, Key Upcoming Solar PV Projects
15.9 Solar PV Inverters, Germany, Key Policies and Initiatives
16 Solar PV Inverters, France 177
16.1 Solar PV Inverters, France, Market Overview
16.2 Solar PV Inverters, France, Drivers and Restraints Analysis
16.3 Solar PV Inverters, France, Drivers and Impact Analysis
16.4 Solar PV Inverters, France, Restraint and Impact Analysis
16.5 Solar PV Inverters, France, Market Volume, by End-user Segment, 2012-2022
16.6 Solar PV Inverters, France, Market Value, by End-user Segment, 2012-2022
16.7 Solar PV Inverters, France, Competitive Landscape, 2017
16.8 Solar PV Inverters, France, Key Upcoming Solar PV Projects
16.9 Solar PV Inverters, France, Key Policies and Initiatives
17 Solar PV Inverters, Italy 192
17.1 Solar PV Inverters, Italy, Market Overview
17.2 Solar PV Inverters, Italy, Drivers and Restraints Analysis
17.3 Solar PV Inverters, Italy, Drivers and Impact Analysis
17.4 Solar PV Inverters, Italy, Restraint and Impact Analysis
17.5 Solar PV Inverters, Italy, Market Volume, by End-user Segment, 2012-2022
17.6 Solar PV Inverters, Italy, Market Value, by End-user Segment, 2012-2022
17.7 Solar PV Inverters, Italy, Competitive Landscape, 2017
17.8 Solar PV Inverters, Italy, Key Upcoming Solar PV Projects
17.9 Solar PV Inverters, Italy, Key Policies and Initiatives
18 Solar PV Inverters, Global, Key Company Profiles 204
18.1 Huawei Technologies Co Ltd
18.2 Sungrow Power Supply Co Ltd
18.3 SMA Solar Technology AG
18.4 Toshiba Mitsubishi-Electric Industrial Systems Corp
18.5 ABB Ltd
18.6 Tebian Electricity Apparatus Stock Co Ltd
18.7 Schneider Electric SE
19 Appendix 211
19.1 Definitions
19.2 Abbreviations
19.3 Bibliography
19.4 Research Methodology
19.5 Contact Us
19.6 Disclaimer
1.1 List of Tables
Table 1: Solar PV Inverters, Global, Market Snapshot 23
Table 2: Solar PV inverters, Global, Market Drivers and Restraints and Impact Analysis 24
Table 3: Solar PV, Global, Major Support Mechanisms by Country, as of 2017 25
Table 4: Solar PV Inverters, Global, Market Volume (GW), by End-user Segment, 2012-2022 28
Table 5: Solar PV Inverters, Global, Market Value ($bn), by End-user Segment, 2012-2022 29
Table 6: Solar PV Inverters, Global, Market Share (%), 2017 31
Table 7: Solar PV Inverters, Americas, Market Volume (MW), by End-user Segment, 2012-2022 36
Table 8: Solar PV Inverters, Americas, Market Value ($m), by End-user Segment, 2012-2022 38
Table 9: Solar PV Inverters, US, Market Snapshot 39
Table 10: Solar PV Inverters, US, Market Drivers and Restraints and Impact Analysis 42
Table 11: Solar PV Inverters, US, Market Volume (MW), by End-user Segment, 2012-2022 47
Table 12: Solar PV Inverters, US, Market Value ($m), by End-user Segment, 2012-2022 49
Table 13: Solar PV, US, Key Upcoming Solar PV Projects 50
Table 14: Renewable Energy Market, US, Investment Tax Credit, 2016 53
Table 15: Renewable Energy Market, US, Green Power Purchasing Goal (%), 2016-2025 55
Table 16: Renewable Power, US, Renewable Portfolio Standards, State Targets, 2016 59
Table 17: Solar PV Inverters, Canada, Market Snapshot 63
Table 18: Solar PV inverters, Canada, Market Drivers and Restraints and Impact Analysis 66
Table 19: Solar PV, Incentive Levels, Under the Residential and Commercial Solar Program, 2017 68
Table 20: Solar PV Inverters, Canada, Market Volume (MW), by End-user Segment, 2012-2022 71
Table 21: Solar PV Inverters, Canada, Market Value ($m), by End-user Segment, 2012-2022 73
Table 22: Solar PV, Canada, Key Upcoming Solar PV Projects 74
Table 23: Key Regulatory Authorities, Canada 75
Table 24: Feed-in Tariffs, Ontario, 2017 80
Table 25: Additional Price Incentives on Feed-in Tariff, Ontario, 2017 81
Table 26: Solar PV Inverters, Chile, Market Snapshot 84
Table 27: Solar PV inverters, Chile, Market Drivers and Restraints and Impact Analysis 85
Table 28: Solar PV Inverters, Chile, Market Volume (MW), by End-user Segment, 2012-2022 90
Table 29: Solar PV Inverters, Chile, Market Value ($m), by End-user Segment, 2012-2022 92
Table 30: Solar PV, Chile, Key Upcoming Solar PV Projects 93
Table 31: Solar PV Inverters, Asia-Pacific, Market Volume (GW), by End-user Segment, 2012-2022 100
Table 32: Solar PV Inverters, Asia-Pacific, Market Value ($bn), by End-user Segment , 2012-2022 102
Table 33: Solar PV Inverters, China, Market Snapshot 103
Table 34: Solar PV inverters, China, Drivers and Restraints and Impact Analysis 106
Table 35: Solar PV Inverters, China, Market Volume (MW), by End-user Segment, 2012-2022 109
Table 36: Solar PV Inverters, China, Market Value ($m), by End-user Segment, 2012-2022 111
Table 37: Solar PV, China, Key Upcoming Solar PV Projects 112
Table 38: Feed-in Tariffs for Solar Power (CNY/kWh and $/kWh), China, 2016-2017 115
Table 39: Solar PV Inverters, India, Market Snapshot 118
Table 40: Solar PV inverters, India, Drivers and Restraints and Impact Analysis 121
Table 41: Solar PV Inverters, India, Market Volume (MW), by End-user Segment, 2012-2022 124
Table 42: Solar PV Inverters, India, Market Value ($m), by End-user Segment , 2012-2022 126
Table 43: Solar PV, India, Key Upcoming Solar PV Projects 127
Table 44: National Solar Mission, India, Phase Targets, 2010 -2022 129
Table 45: Solar PV Net metering Tariffs, India, 2016 129
Table 46: Federal Level Feed-in Tariff for Solar Power (INR/kWh and $/kWh), India, 2016-2017 130
Table 47: Feed-in Tariff for Solar Power (INR/kWh and $/kWh), Tamil Nadu, 2017-2018 130
Table 48: Feed-in Tariff for Solar Power (INR/kWh and $/kWh), Rajasthan, 2017-2018 130
Table 49: Feed-in Tariff for Solar Power (INR/kWh and $/kWh), Gujarat, 2017-2018 131
Table 50: Feed-in Tariff for Solar Power (INR/kWh and $/kWh), Maharashtra, 2017-2018 131
Table 51: Feed-in Tariff for Solar Power (INR/kWh and $/kWh), Karnataka, 2017-2018 131
Table 52: Solar PV Inverters, Japan, Market Snapshot 132
Table 53: Solar PV inverters, Japan, Drivers and Restraints and Impact Analysis 134
Table 54: Solar PV Inverters, Japan, Market Volume (MW), by End-user Segment, 2012-2022 137
Table 55: Solar PV Inverters, Japan, Market Value ($m), 2012-2022 139
Table 56: Solar PV, Japan, Key Upcoming Solar PV Projects 140
Table 57: Solar PV Feed-in Tariffs, Japan, 2016 141
Table 58: Solar PV Feed-in Tariffs, Japan, 2017 142
Table 59: Solar PV Inverters, EMEA, Market Volume (GW), by End-user Segment, 2012-2022 148
Table 60: Solar PV Inverters, EMEA, Market Value ($bn), by End-user Segment, 2012-2022 150
Table 61: Solar PV Inverters, UK, Market Snapshot 151
Table 62: Solar PV inverters, UK, Drivers and Restraints and Impact Analysis 152
Table 63: Solar PV Inverters, UK, Market Volume (MW), by End-user Segment, 2012-2022 156
Table 64: Solar PV Inverters, UK, Market Value ($m), by End-user Segment, 2012-2022 158
Table 65: Solar PV, UK, Recent Contracts 158
Table 66: Solar PV, UK, Key Upcoming Solar PV Projects 159
Table 67: Renewable Obligation, Technology Eligibility, UK, 2015 161
Table 68: Renewable Obligation (ROC/MWh), UK, 2009-2016 162
Table 69: Renewable Obligation Certificate Volumes (millions), UK, 2017-2018 162
Table 70: Solar Power Feed-in Tariffs, UK ($/kWh), 2017-2019 163
Table 71: Solar PV Inverters, Germany, Market Snapshot 164
Table 72: Solar PV inverters, Germany, Drivers and Restraints and Impact Analysis 166
Table 73: Solar PV Inverters, Germany, Market Volume (MW), by End-user Segment, 2012-2022 169
Table 74: Solar PV Inverters, Germany, Market Value ($m), by End-user Segment, 2012-2022 171
Table 75: Solar PV, Germany, Key Upcoming Solar PV Projects 171
Table 76: Expansion Corridor Targets, Germany, 2020-2050 172
Table 77: Renewable Energy Feed-in Tariff, Germany, Solar Power, March 2016 174
Table 78: Solar PV Inverters, France, Market Snapshot 175
Table 79: Solar PV inverters, France, Drivers and Restraints and Impact Analysis 177
Table 80: Solar PV Inverters, France, Market Volume (MW), by End-user Segment, 2012-2022 180
Table 81: Solar PV Inverters, France, Market Value ($m), by End-user Segment, 2012-2022 181
Table 82: Solar PV, France, Key Upcoming Solar PV Projects 182
Table 83: Renewable Energy, Feed-in Tariffs (€/kWh), France, 2017 185
Table 84: Renewable Energy, Tenders for PV systems, France, 2016-2019 187
Table 85: Solar PV Inverters, Italy, Market Snapshot 190
Table 86: Solar PV inverters, Italy, Drivers and Restraints and Impact Analysis 192
Table 87: Solar PV Inverters, Italy, Market Volume (MW), by End-user Segment, 2012-2022 195
Table 88: Solar PV Inverters, Italy, Market Value ($m),by End-user Segment, 2012-2022 197
Table 89: Solar PV, Italy, Recent Tenders and Contracts 197
Table 90: Solar PV, Italy, Key Upcoming Solar PV Projects 198
Table 91: Solar PV Inverters, Company Profile, Huawei Technologies Co Ltd. 201
Table 92: Solar PV Inverters, Company Profile, Sungrow Power Supply Co Ltd 202
Table 93: Solar PV Inverters, Company Profile, SMA Solar Technology AG 203
Table 94: Solar PV Inverters, Company Profile, Toshiba Mitsubishi-Electric Industrial Systems Corp 204
Table 95: Solar PV Inverters, Company Profile, ABB Ltd. 205
Table 96: Solar PV Inverters, Company Profile, Tebian Electricity Apparatus Stock Co Ltd 206
Table 97: Solar PV Inverters, Company Profile, Schneider Electric SE 207
Table 98: Abbreviations 209
1.2 List of Figures
Figure 1: Solar PV Inverters, Market Value, Regional share (%), 2017 and 2022 14
Figure 2: Solar PV Inverters, Key Countries’ Market Volume (GW), 2017, 2022 16
Figure 3: Solar PV System and its Main Components 17
Figure 4: Types of Solar PV Inverters 18
Figure 5: Solar PV Inverters, Application Areas 20
Figure 6: Advantages of Solar PV Inverters 21
Figure 7: Solar PV Inverters, Global, Market Volume (%), by End-user Segment, 2012-2022 27
Figure 8: Solar PV Inverters, Global, Market Value ($bn), 2012-2022 29
Figure 9: Solar PV Inverters, Global, Market Share (%) 31
Figure 10: Solar PV Inverters, Americas, Market Volume (%), by End-user Segment, 2012-2022 35
Figure 11: Solar PV Inverters, Americas, Market Value ($m), 2012-2022 37
Figure 12: Energy Mix, US, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022 41
Figure 13: Solar PV Inverters, US, Market Volume (%), by End-user Segment, 2012-2022 46
Figure 14: Solar PV Inverters, US, Market Value ($m), 2012-2022 48
Figure 15: Energy Mix, Canada, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022 65
Figure 16: Solar PV Inverters, Canada, Market Volume (%), by End-user Segment, 2012-2022 70
Figure 17: Solar PV Inverters, Canada, Market Value ($m), 2012-2022 72
Figure 18: Energy Mix, Chile, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022 85
Figure 19: Solar PV Inverters, Chile, Market Volume (%), by End-user Segment, 2012-2022 89
Figure 20: Solar PV Inverters, Chile, Market Value ($m), 2012-2022 91
Figure 21: Solar PV Inverters, Asia-Pacific, Market Volume (%), by End-user Segment, 2012-2022 99
Figure 22: Solar PV Inverters, Asia-Pacific, Market Value ($bn), 2012-2022 101
Figure 23: Energy Mix, China, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022 105
Figure 24: Solar PV Inverters, China, Market Volume (%), by End-user Segment, 2012-2022 108
Figure 25: Solar PV Inverters, China, Market Value ($m), 2012-2022 110
Figure 26: Energy Mix, India, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022 120
Figure 27: Solar PV Inverters, India, Market Volume (%), by End-user Segment, 2012-2022 123
Figure 28: Solar PV Inverters, India , Market Value ($m), by End-user Segment, 2012-2022 125
Figure 29: Energy Mix, Japan, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022 134
Figure 30: Solar PV Inverters, Japan, Market Volume (%), by End-user Segment, 2012-2022 136
Figure 31: Solar PV Inverters, Japan, Market Value ($m), 2012-2022 138
Figure 32: Solar PV Inverters, EMEA, Market Volume (%), by End-user Segment, 2012-2022 147
Figure 33: Solar PV Inverters, EMEA, Market Value ($bn), 2012-2022 149
Figure 34: Energy Mix, UK, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022 152
Figure 35: Solar PV Inverters, UK, Market Volume (%), by End-user Segment, 2012-2022 155
Figure 36: Solar PV Inverters, UK , Market Value ($m), 2012-2022 157
Figure 37: Energy Mix, Germany, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022 165
Figure 38: Solar PV Inverters, Germany, Market Volume (%), by End-user Segment, 2012-2022 168
Figure 39: Solar PV Inverters, Germany , Market Value ($m), 2012-2022 170
Figure 40: Energy Mix, France, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022 177
Figure 41: Solar PV Inverters, France, Market Volume (%), by End-user Segment, 2012-2022 179
Figure 42: Solar PV Inverters, France , Market Value ($m), 2012-2022 181
Figure 43: Energy Mix, Italy, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022 191
Figure 44: Solar PV Inverters, Italy, Market Volume (%), by End-user Segment, 2012-2022 194
Figure 45: Solar PV Inverters, Italy , Market Value ($m), 2012-2022

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