Leading data and analytics company globaldata has published new analysis this week which predicts that the global solar pv inverters market will decline from $63 billion in 2017 to $37 billion in 2022, attributed primarily to the fall in inverter prices rather than a drop in installation figures. The solar pv inverter market is concentrating, with the top 10 inverter manufacturers accounting for 80 percent of global shipments in the first half of the year, according to gtm research’s.
Top 10 players control 80% of global pv inverter market in first half of 2016 0 the solar pv inverter market is concentrating, with the top 10 inverter manufacturers accounting for 80 percent of.
Global solar pv inverters market - segmented by inverter type, application and geography - growth, trends and forecast (2018 - 2023) download free sample report now purchase report.
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 the market developments in the top countries are largely due to economies of scale, emerging inverter technologies, and policy-based government and institutional industry.
Identify the drivers, restraints, and opportunities in the global solar pv inverters market with in-depth analysis identify the inverter type and application dominating the market analyze various perspectives of the market with the help of porter’s five forces analysis.