Indian Solar Inverter Market Is Anticipated To Develop At A CAGR Of Over 20.3% Over The 2019-2025 Interval – ResearchAndMarkets.com – Enterprise Wire
DUBLIN – (BUSINESS WIRE) – Added "India Solar Inverter Market (2019-2025): Market Forecast by Rated Power, Types, Applications, Regions, and Competitive Landscape" report ResearchAndMarkets.com Offer.
According to this study, the Indian solar inverter market is expected to grow by more than 20.3% in the 2019-2025 period.
India's solar inverter market is expected to grow rapidly due to several measures such as the Government of India's National Solar Mission targeting 100GW of solar energy by 2022. Rising consumer awareness, increasing residential and business involvement, solar systems, government support and solar systems, and private sector involvement continue to contribute to the growth of this market.
The solar inverter market is dominated by the utility sector due to its large solar projects with a large number of solar inverters. It is also estimated that the commercial segment will show the highest growth rate over the forecast period. This high growth is due to growing solar systems in educational institutions, offices, factories, hospitals and warehouses. In addition, the residential segment is showing significant growth, with an emphasis on sustainable development and the superposition of rising electricity costs in the country. Government initiatives such as the Smart City project, the development of solar parks and the subsidy program for solar energy would further accelerate the introduction of solar systems in the residential and commercial sectors.
Among the system types, off-grid systems dominated the market share of Indian solar inverters in 2018 as they were widely used in various applications, while off-grid systems are mainly limited to rural electrification applications.
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 Solar Inverter market trends, opportunities, areas of growth, and market drivers in India that would help stakeholders adjust their market strategies according to current and future market dynamics.
Key highlights of the report
Solar Inverter Market Size in India and Solar Inverter Market Forecast in India for the period 2018-2025F
Historical and Forecast Data of Indian Solar Inverter Market Revenue for 2015-2025F
Historical data of solar inverter market revenue in India by type for the period 2015-2018
Solar Inverter Market Size and Revenue forecast data in India, by Type, to 2025F
Historical data of the solar inverter market revenue in India by system type for the period 2015-2018
Solar Inverter Market Size and Revenue forecast data in India, by System Type, to 2025F
Historical and Forecast Data of Indian Solar Inverter Market Revenue by Applications for 2015-2025F
Historical and Forecast Data of Indian Solar Inverter Market Revenue by Rated Power for 2015-2025F period
Historical and Forecast data of Indian Solar Inverter Market Revenue by Region for the period 2015-2025F
Market drivers, restrictions
Market trends and industry life cycle
Porter's Five Forces Analysis
Evaluation of the market opportunities
Market share and sales shares of the player
Important strategic recommendations
Main topics covered:
2.1 Description of the report
2.2 Key highlights of the report
2.3 Market Size and Segmentation
2.4 Research methodology
3 Market overview of solar inverters in India
3.1 Solar Inverter Market Revenue in India (2015-2025F)
3.2 Solar Inverter Market in India – Industry Life Cycle
3.3 India Solar Inverter Market – The Five Forces of Porter
3.4 Market Share of Indian Solar Inverters by Type (2018 & 2025F)
3.5 Market Share of Indian Solar Inverters by System Type (2018 & 2025F)
3.6 Market share of Indian solar inverters by application (2018 & 2025F)
3.7 Market share of the Indian solar inverter by performance evaluation (2018 & 2025F)
3.8 Indian solar inverter market share by region (2018 & 2025F)
4 Market Dynamics for Solar Inverters in India
4.1 Impact analysis
4.2 Market drivers
4.3 Market Restrictions
5 solar inverter market trends in India
6 Market overview of Indian solar inverters by type
6.1 Solar Inverter Market Revenue in India by Central Solar Inverter (2015-2025F)
6.2 Solar Inverter Market Revenue in India by String Solar Inverter (2015-2025F)
6.3 Market Revenue of Indian Solar Inverter According to Micro Solar Inverter (2015-2025F)
7 Solar Inverter Market Review in India by System Type
7.1 India Solar Inverter Market Revenues by Grid (2015-2025F)
7.2 Solar Inverter Market Revenues in India by Off-Grid (2015-2025F)
8 Solar Inverter Market Review in India by Application
8.1 Solar Inverter Market Revenues in India by Commercial Application (2015-2025F)
8.2 Solar Inverter Market Revenue in India by Electricity Company (2015-2025F)
8.3 Solar Inverter Market Revenue in India by Residential Area (2015-2025F)
9 Overview of solar inverters market in India by power rating
9.1 Solar Inverter Market Revenue in India Below 10kW (2015-2025F)
9.2 Solar Inverter Market Revenue In India Around 10kW – 100kW (2015-2025F)
9.3 Solar Inverter Market Revenue in India by 100.1 kW – 1 MW (2015-2025F)
9.4 Solar Inverter Market Revenue In India By More Than 1MW (2015-2025F)
10 India Solar Inverter Market Overview by Region
10.1 Solar Inverter Market Revenue in India by Region, 2015-2025F
10.2 India Solar Inverter Market Revenue by Region in East India (2015-2025F)
10.3 Solar Inverter Market Revenues in India by Western Region (2015-2025F)
10.4 Solar Inverter Market Revenues in India by Region (2015-2025F)
11 Market overview of solar inverters in India by key country
12 initiatives of the Indian market government for solar inverters
13 performance indicators for the Indian solar inverter market
14 Assessment of the market opportunities for solar inverters in India
14.1 Assessment of Solar Inverter Market Opportunities in India by Type (2025F)
14.2 Assessment of Market Opportunities for Solar Inverters in India by Application (2025F)
14.3 Assessment of Market Opportunities for Solar Inverters in India by Region (2025F)
15 Market Ecosystem Analysis for Solar Inverters in India
16 Competitive environment in the Indian solar inverter market
16.1 Market Share of Indian Solar Inverters by Company (2018)
16.2 Solar Inverter Pricing in India by Company (2018)
16.3 Competitive benchmarking on the Indian market for solar inverters according to technical parameters
17 company profiles
17.1 Delta Electronics Ltd.
17.2 Ginlong Technologies
17.5 Growatt New Energy Technology Co., Ltd.
17.6 SMA Solar Technology AG
17.8 Shining India
17.9 Microtek International Pvt. GmbH.
11/17 Exide Industries Ltd.
17.12 Hitachi Hi-Rel power electronics Pt. GmbH.
18 Key Strategic Recommendations
19 Disclaimer of Liability
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