Visitors Now:
Total Visits:
Total Stories:
Profile image
Story Views

Last Hour:
Last 24 Hours:

India PV Inverter`s Market 2016 Share, Trend, Segmentation and Forecast to 2021

Sunday, November 20, 2016 21:25
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Photovoltaic (PV) inverter performs the conversion of the variable DC output of the PV module into a clean sinusoidal 50 or 60 Hz AC current that is then applied directly to the commercial electrical grid or to a local, off-grid electrical network. The PV inverter is the cornerstone for PV system design and installation. The PV inverter has a relatively small amount of installed system costs, but this may be the most important decision in the design of a PV system. This report is about the market size of the PV inverters in India and how is it going to help the economy of the country by providing back up of the power whenever needed. This report reveals how government is supporting the PV inverter market by providing subsidies and releasing state wise subsidies to achieve the grid parity in India. The report also reveals the trend in this industry is shifting to smart inverters and solar hybrid inverter in Indian power inverter market. 

Request a sample report @

The PV Inverter market in India was estimated to grow with a decreasing CAGR from the year of 2009 to 2014. The market decreased because of the falling PV prices. The manufacturing ecosystem for these products is quite mature while technological requirements of PV Inverter manufacturing are greater than the manufacturing and design capabilities present in India currently. Some of the major players in the PV inverters market are SMA Solar, Bonfiglioli, and Power One. Steady demand from the home and SOHO segments and the increasing government support towards renewable energy is expected to buttress the growth of the inverter market. The unorganized segment had a large share of the PV inverter market till 2012, though its share has been declining lately due to enhanced consumer awareness. 
According to “India PV Inverter Market Outlook, 2021”, the market for PV inverters in India is expected to grow with a continuously increasing CAGR of 4.74% from 2015 to 2021. Central Inverters are the major market share acquirers of the inverter market. Micro-inverters are also forecasted to increase its share technology wise. Residential segment is the new target of the inverter industry. The unorganized sector which was leading the market till 2012 is forecasted to shrink in the coming years. New entrants are also increasing and their revenue share is expected to grow over the forecasted period, owing to their expansion plans and widening of dealership networks.

Complete report details @                

Key points in table of content

1. Executive Summary 
2. Global Renewable Inverter Market Outlook 

    2.1. Market Size 
      2.1.1. By Value 
 Overall Market 
 By End User Segment 
 By Region 
 By Technology 
 By Average Selling Price 
 By Revenue from Semiconductor 
      2.1.2. By Volume 
 Overall Market 
 By Global Installation 
 By Shipment 
 By Shipment By Country 
      2.1.3. Market Share 
 By Region 
 By Company 
 By End User Segment 
 By Technology 
 By Shipments By Country 
3. India Renewable Inverter Market Outlook 
    3.1. Market Size 
      3.1.1. By Value 
 Overall Market 
 By Average Selling Price 
 By Revenue form MOSFET 
      3.1.2. By Volume 
 By Total Installed Capacity 
 By End User Segment 
 By Technology 
 By Company By Sales(MW) 
      3.1.3. Market Share 
 By Region 
 By Company 
 By Technology 
 By End User Segment 
 By Company By Type 
 By Company By End User Segment 
    3.2. Production 
    3.3. Pricing Analysis 
4. Indian Economic Profile 
5. Raw Material 
6. Certifications 
7. Organized Vs Unorganized Market 
8. PEST Analysis 
9. Solar PV Inverter’s Trade Dynamics 

    9.1. Imports 
    9.2. Export 
10. Market Dynamics 
    10.1. Key Drivers 
    10.2. Key Challenges 
11. Market Trends & Developments 
    11.1. Smart Inverters 
    11.2. Neutral-Point-Clamped (NPC) Architecture 
    11.3. Technological Trends 
    11.4. Solar Hybrid Inverters 
12. Competitive Landscape 
    12.1. Porters Five Forces 
    12.2. Company Profiles 
      12.2.1. SMA Solar 
      12.2.2. ABB 
      12.2.3. AEG 
      12.2.4. Power One 
      12.2.5. Su- Kam 
      12.2.6. Schnieder 
      12.2.7. Bonfigllioli 
13. Strategic Recommendations 
14. Disclaimer

Get this report @

Contact US:


Partner Relations & Marketing Manager

Ph: +1-646-845-9349 (US)

Ph: +44 208 133 9349 (UK)           

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.