TechNavio today launched its report Global Inverter Market 2012-2016 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”There are many new vendors that are entering the Global Inverter market because of its growth prospects. Various technologically advanced inverters, for instance PV inverters, are becoming increasingly popular in many countries, particularly in North America and the APAC region. Schneider Electric SA entered the PV Inverter market in March 2011 by acquiring Xantren Technologies Inc. In addition, Robert Bosch GmbH entered the PV Inverter market in December 2011 by acquiring the inverter manufacturing wing of Conergy Inc. Hence, the increasing number of mergers and acquisitions is a significant trend in the market, which is leading to intense competition among vendors.”
According to the report, the need for uninterrupted power supply is one of the major drivers in the Global Inverter market. The frequent power blackouts and fluctuations in the power supply have led to an increased demand for uninterrupted power supply globally. Consequently, various end-users such as domestic customers, commercial customers, and industrial customers are increasing their adoption of inverters to ensure better power supply.
Further, the report states that the declining inverter prices constitute one of the major challenges in the Global Inverter market.
The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this market space are Emerson Electric Co., Power-One Inc., Schneider Electric SA, and SMA Solar Technology AG. The other vendors mentioned in the report are Eaton Corp., Riello S.p.A, Toshiba Corp., Mitsubishi Electric Corp., GE Co., TDK Corp., KACO New Energy GmbH, REFUsol GmbH, Siemens AG, Enphase Energy Inc., and Bonfiglioli Riduttori S.p.A.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-inverter-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report – Global Inverter Market 2012-2016
