DUBLIN--(BUSINESS WIRE)--The "India Solar Inverter Market (2019-2025): Market Forecast by Power Rating, by Types, by Applications, by Regions and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.
According to this research, the India solar Inverter market is projected to grow at a CAGR of over 20.3% during 2019-2025.
The India solar inverter market is anticipated to grow at a rapid pace on account of several policies such as National Solar Mission by Government of India targeting 100 GW solar energy by the year 2022. Rising consumer awareness, the growing participation of residential and commercial segments towards solar system installations, supportive government policies & solar schemes as well as and private sector involvement are further contributing towards the growth of this market.
Solar inverter market is dominated by the utility sector owing to its large-scale solar projects deploying a large number of solar inverters. Further, the commercial segment is estimated to exhibit the highest growth rate during the forecast period. This high growth is attributed to growing solar installations across educational institutes, offices, factories, hospitals, and warehouses. In addition, the residential segment is also exhibiting significant growth with a focus on sustainable development and to overlay the rising power cost in the country. Government initiatives such as the Smart City project, development of solar parks and solar energy subsidy scheme would further accelerate the adoption of solar installations across the residential and commercial segments.
Moreover, among system type, on-grid systems dominated the India solar inverter market share in 2018 owing to huge adoption across different applications, whereas, off-grid systems are majorly limited to rural electrification applications only.
The report comprehensively covers the market by type, system type, power rating, applications and regions. The report provides an unbiased and detailed analysis of the India solar inverter market trends, opportunities, high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report
- India Solar Inverter Market Size and India Solar Inverter Market Forecast for the Period 2018-2025F
- Historical and Forecast data of India Solar Inverter Market Revenues for the Period 2015-2025F
- Historical data of India Solar Inverter Market Revenues, By Types for the Period 2015-2018
- Market Size & Forecast data of India Solar Inverter Market Revenues, By Types until 2025F
- Historical data of India Solar Inverter Market Revenues, By System Types for the Period 2015-2018
- Market Size & Forecast data of India Solar Inverter Market Revenues, By System Types until 2025F
- Historical and Forecast data of India Solar Inverter Market Revenues, By Applications for the Period 2015-2025F
- Historical and Forecast data of India Solar Inverter Market Revenues, By Power Rating for the Period 2015-2025F
- Historical and Forecast data of India Solar Inverter Market Revenues, By Regions for the Period 2015-2025F
- Market Drivers, Restraints
- Market Trends and Industry Life Cycle
- Porter's Five Force Analysis
- Market Opportunity Assessment
- Market Share and Player's Revenue Shares
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Key Topics Covered:
1 Executive Summary
2 Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 India Solar Inverter Market Overview
3.1 India Solar Inverter Market Revenues (2015-2025F)
3.2 India Solar Inverter Market - Industry Life Cycle
3.3 India Solar Inverter Market - Porter's Five Forces
3.4 India Solar Inverter Market Revenue Share, By Type (2018 & 2025F)
3.5 India Solar Inverter Market Revenue Share, By System Type (2018 & 2025F)
3.6 India Solar Inverter Market Revenue Share, By Application (2018 & 2025F)
3.7 India Solar Inverter Market Revenue Share, By Power Rating (2018 & 2025F)
3.8 India Solar Inverter Market Revenue Share, By Region (2018 & 2025F)
4 India Solar Inverter Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 India Solar Inverter Market Trends
6 India Solar Inverter Market Overview, By Type
6.1 India Solar Inverter Market Revenues, By Central Solar Inverter (2015-2025F)
6.2 India Solar Inverter Market Revenues, By String Solar Inverter (2015-2025F)
6.3 India Solar Inverter Market Revenues, By Micro Solar Inverter (2015-2025F)
7 India Solar Inverter Market Overview, By System Type
7.1 India Solar Inverter Market Revenues, By On-Grid (2015-2025F)
7.2 India Solar Inverter Market Revenues, By Off-Grid (2015-2025F)
8 India Solar Inverter Market Overview, By Application
8.1 India Solar Inverter Market Revenues, By Commercial Application (2015-2025F)
8.2 India Solar Inverter Market Revenues, By Power Utility Application (2015-2025F)
8.3 India Solar Inverter Market Revenues, By Residential Application (2015-2025F)
9 India Solar Inverter Market Overview, By Power Rating
9.1 India Solar Inverter Market Revenues, By Below 10 kW (2015-2025F)
9.2 India Solar Inverter Market Revenues, By 10 kW - 100 kW (2015-2025F)
9.3 India Solar Inverter Market Revenues, By 100.1 kW - 1MW (2015-2025F)
9.4 India Solar Inverter Market Revenues, By Above 1 MW (2015-2025F)
10 India Solar Inverter Market Overview, By Region
10.1 India Solar Inverter Market Revenues, By Northern Region (2015-2025F)
10.2 India Solar Inverter Market Revenues, By Eastern Region (2015-2025F)
10.3 India Solar Inverter Market Revenues, By Western Region (2015-2025F)
10.4 India Solar Inverter Market Revenues, By Southern Region (2015-2025F)
11 India Solar Inverter Market Overview, By Key States
12 India Solar Inverter Market Government Initiatives
13 India Solar Inverter Market Key Performance Indicators
14 India Solar Inverter Market Opportunity Assessment
14.1 India Solar Inverter Market Opportunity Assessment, By Type (2025F)
14.2 India Solar Inverter Market Opportunity Assessment, By Application (2025F)
14.3 India Solar Inverter Market Opportunity Assessment, By Region (2025F)
15 India Solar Inverter Market Ecosystem Analysis
16 India Solar Inverter Market Competitive Landscape
16.1 India Solar Inverter Market Revenue Share, By Company (2018)
16.2 India Solar Inverter Pricing, By Company (2018)
16.3 India Solar Inverter Market Competitive Benchmarking, By Technical Parameters
17 Company Profiles
17.1 Delta Electronics Ltd.
17.2 Ginlong Technologies
17.3 ABB
17.4 Sungrow
17.5 Growatt New Energy Technology Co., Ltd
17.6 SMA Solar Technology AG
17.7 Goodwe
17.8 Luminous India
17.9 Microtek International Pvt. Ltd.
17.10 Livguard
17.11 Exide Industries Ltd.
17.12 Hitachi Hi-Rel Power Electronic Pt. Ltd.
18 Key Strategic Recommendations
19 Disclaimer
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