Global String Inverters Market 2017-2021 - Key vendors are ABB, Huawei Technologies, Schneider Electric, SMA Solar Technology & Sungrow - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global String Inverters Market 2017-2021" report to their offering.

The analysts forecast the global string inverters market to grow at a CAGR of 8.48% during the period 2017-2021.

Global String Inverters Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in market is reduction in solar PV cost. One of the major hurdles to the adoption of renewables is their intermittent nature. Energy storage bridges the gap, and it is also used to increase the renewable energy penetration in hybrid systems.

For instance, a standard PV could produce 20%-30% of the power. However, with the addition of an ESS (battery), the power from solar PV could go beyond 60%-70%.

One driver in market is declining prices of inverter systems. Vendors in APAC offer inverters at lower prices than the international vendors. This has led to a price war among vendors. In 2015, China was one the largest markets for solar PV inverters and battery systems globally and is likely to dominate the market during the forecast period. The country is increasingly focusing on the development of string and central inverters that have a capacity of 1,500 V.

Key vendors

  • ABB
  • Huawei Technologies
  • Schneider Electric
  • SMA Solar Technology
  • Sungrow

Other prominent vendors

  • Delta Energy Systems
  • Fronius International
  • Growatt Shenzhen
  • KACO new energy
  • Ningbo Ginlong Technologies
  • Samil Power
  • SHANGHAI Chint Power Systems
  • SolarEdge Technologies
  • Yaskawa - Solectria Solar

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by end-user

Part 07: Market segmentation by phase

Part 08: Geographical segmentation

Part 09: Decision framework

Part 10: Drivers and challenges

Part 11: Market trends

Part 12: Vendor landscape

Part 13: Key vendor analysis

Part 14: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/bww6s4/global_string

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Electrical Switches

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Electrical Switches