String Inverter Market 2018 | Research on Future Growth, Size, Competitor Analysis, Key Players and Forecasts till 2023

Market Highlights
A string inverter is connected with a string of solar panels, which is called the solar array and each solar panel is connected in series to the string inverters. The inverter combines all the direct current received from each individual solar panel and, at once, converts it into alternating current. Moreover, easy replacement and more flexibility as well as availability are some of the factors which driving the market of string inverter.

Market Scenario:
Each installations requires a mean of conversion from DC to AC such as solar inverter systems, which facilitate generated electricity to be fed into the power grid. Rising demand for continuous and reliable power sources as well as easy installation & customization are some of the factors which drives the market of string inventor. String inverters are used in residential, commercial & industrial, and utilities. Increasing consumption of solar energy across the world is referred as one of the major driving factor for the market. The string inverter market is expected to be driven by decreased cost, removing systems monitoring capabilities. Moreover, Reliability, accessibility and high efficiency will propel global string inventor’s market share in the forecasted period. Increasing renewable integration in Utility scale large projects is further accelerating the growth of string inverters market. On the other hand, heat loss due to the large size of the inverter is acts as a major restraint of the Global String Inverter Market
 
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Key Players
The major player operating in the market of Global String inverter are

• SolarMax,
• Huawei Technologies,
• Sungrow Power Supply,
• Fronius International,
• KOSTAL Solar Electric,
• Growatt New Energy Technology,
• Schneider,
• Ingeteam,
• Ginlong Technologies,
• Advanced Energy Industries,
• KACO New Energy.

Market Research Future Analysis:
Market Research Future analysis show that the global market of String Inverter market is estimated to grow at US $XX billion by the end of year 2022.Geographically, Asia Pacific dominates the global string inverter market with utilities segment .Utility-scale large projects are improving given regulations for renewable integration and accelerate growth of the string inverter market. Moreover, government also helps by providing policy support such as tax incentives, as well as incentives such as feed-in tariffs and tenders. It is estimated to rise in demand due to growth in demand for inverter. The global String Inverter is expected to grow at CAGR of XX% between years 2016 to 2022.
 
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List of Tables
TABLE 1                GLOBAL STRING INVERTER MARKET, BY PRODUCT
TABLE 2                GLOBAL STRING INVERTER MARKET, BY PHASE
TABLE 3                GLOBAL STRING INVERTER MARKET, BY APPLICATION
TABLE 4                GLOBAL STRING INVERTER MARKET, BY REGIONS
TABLE 5                NORTH AMERICA STRING INVERTER MARKET, BY COUNTRY
TABLE 6                NORTH AMERICA STRING INVERTER MARKET, BY PRODUCT 
TABLE 7                NORTH AMERICA STRING INVERTER MARKET, BY PHASE
TABLE 8                NORTH AMERICA STRING INVERTER MARKET, BY APPLICATION
TABLE 9                U.S. STRING INVERTER MARKET, BY PRODUCT 
TABLE 10              U.S. STRING INVERTER MARKET, BY PHASE
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List of Figures
FIGURE 1              RESEARCH TYPE
FIGURE 2              GLOBAL STRING INVERTER MARKET: BY PRODUCT (%)
FIGURE 3              GLOBAL STRING INVERTER MARKET: BY PHASE (%)
FIGURE 4              GLOBAL STRING INVERTER MARKET: BY APPLICATION (%)
FIGURE 6              GLOBAL STRING INVERTER MARKET: BY REGION
FIGURE 7              NORTH AMERICA STRING INVERTER MARKET, BY PRODUCT (%)
FIGURE 8              NORTH AMERICA STRING INVERTER MARKET, BY PHASE (%)
FIGURE 9              NORTH AMERICA STRING INVERTER MARKET, BY APPLICATION (%)
FIGURE 11           NORTH AMERICA STRING INVERTER MARKET, BY COUNTRIES (%)
Continue…..
 
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