Digital Inverter Market: Residential End User Segment to Witness a Growth Rate of 6.7% During the Forecast Period: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2027)

  • Published: 2017-11-24
  • Report Code: REP-GB-4970

An Incisive, In-depth Analysis on the Digital Inverter Market

This study offers a comprehensive, 360 degree analysis on the Digital Inverter market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Digital Inverter market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Utilities end user segment to reflect high market attractiveness in the coming years

According to Future Market Insights, the global market for digital inverters is expected to display stellar growth during the period of forecast. The global digital inverter market has been witnessing consistent growth since 2012. According to this research, the global market for digital inverters is expected to grow at a high CAGR of 7.1% throughout the 2017-2027 timeline. The global market, in 2017 is valued at US$ 5.5 Bn and is estimated to reach around US$ 11 Bn by the end of 2027. The high growth is due to development of new battery technologies for additional power storage, increasing demand from industrial and commercial sectors in the coming years and increasing technological development in energy utilization.

Higher demand for digital inverters in utilities to spur the growth of the global market

One of the segments of the global digital inverter market is the end user category. Utilities segment in this category is a highly lucrative segment. It has reflected high growth potential during the 2012-2016 with respect to both growth rate as well as revenue and is likely to show increased potential in the years to come. The utilities end user segment is expected to reach a valuation of more than US$ 5500 Mn by the end of the year of assessment from a value of a bit more than US$ 2800 Mn in 2017. This rise in estimation can be attributed to increasing demand for digital inverters from the utilities sector. The utilities segment is projected to expand at a robust rate to register a CAGR of above 7.2% throughout the period of assessment, 2017-2027.

Commercial sector to contribute significantly to the growth of the global digital inverter market

Commercial sector, following utilities, is showing higher inclination towards using digital inverters. This trend has been observed since 2012-2016 timeline. The commercial segment is expected to rise at a noteworthy CAGR of 7.0% throughout the assessment period. The commercial segment reflected a revenue generation of around US$ 1.2 Bn in 2016 and is anticipated to touch an estimate a little under US$ 2670 Mn by the end of the year of forecast. This segment is expected to represent a Y-o-Y of 6.1% by the end of 2027.

Regional outlook on digital inverter end user segments

Digital inverter market is soaring across the globe through regional geographies such as North America, Asia Pacific excluding Japan (APEJ), Western Europe etc. In North America, the utilities end user segment reflected higher revenue share and is expected to grow at a 7.2% CAGR during the forecast period. The commercial end user segment in Western Europe is estimated at around US$ 340 Mn by end of 2027. The utilities segment dominates the Western Europe digital inverter market in terms of market value and growth rate. Utilities end user segment in Western Europe is projected to rise at a CAGR of 7.0% throughout the forecast period. Asia Pacific excluding Japan (APEJ) region has shown higher potential compared to other regions during the forecast period. The utilities end user segment is projected to grow at a 7.9% CAGR during the period of forecast and reach a huge valuation of around US# 2.4 Bn by the end of the assessment year (2027). The commercial segment in this region is also expected to show significant growth contributing to the growth of the global market.

With a view to get a clear market picture of digital inverters, Future Market Insights has presented key acumen in a systematic format in its new research report titled “Digital Inverter Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”. It uncovers each and every aspect of the market, with the help of a robust research platform. It unmasks numerous acumen on the macroeconomic factors, SWOT analysis, regulatory aspects, and other angles which govern the dynamics of the market influencing its growth. These traits help in devising an accurate marketing strategy or entry tactic or even expansion, simultaneously dealing with the unforeseen events present within the market scenario.

A robust research methodology to assemble data and figures

At Future Market Insights, an exclusive research methodology is applied to garner necessary market intelligence. Secondary research followed by primary research and key opinions from subject matter experts, market observers and other external sources is carried out. The initial secondary research is initiated which is extensive in nature and covers all the angles of the digital inverter market following which a primary research is carried out with which further deep diving is carried out. Simultaneously, market observers and domain experts which have a completely unbiased knowledge about the market, are interviewed to gain essentials of the market pertaining to the market scenario in different regions across the globe. Each key aspect or statistic or number is cross checked, re-verified, evaluated, analysed and validated over the course of the entire research. As every conversation gives a more or less different view, the statistics and data undergo a triangulation process to arrive at a certain number. This data point reflects maximum accuracy which fuels the credibility of the information that the report contains.

Detailed Market Segmentation

By End User

By Power Source

By Product Type

By Region

  • Utilities

  • Commercial

  • Residential

  • Battery Inverter

  • Solar Inverter

  • Central Inverter

  •  String Inverter

  •  Micro Inverter

  • North America

  • Latin America

  • Western Europe

  • Eastern Europe

  • Asia Pacific excluding Japan (APEJ)

  • Japan

  • Middle East and Africa (MEA)

The research report on global digital inverter market includes a separate chapter on competitive assessment that includes several key players involved in the operations associated with digital inverters. Key information on these players such as current scenario, their geographical spread, their expansion plans, the new strategies they have come up with, new developments in their products as well as innovation to enhance their product portfolio, mergers and acquisitions as an expansion strategy, marketing strategies, market share, revenue, company strength, strategic alliances, etc., has been covered in this chapter. This can give the reader a broad idea of the happening events in the market, initiated by these players with the support of which new plans or tactics can be developed and implemented.

To sum up the characteristic features of the global digital inverter market research report, it presents an unbiased opinion of the global market along with key recommendations, it reflects a global perspective covering major geographies, includes a weighted market segmentation, provides actionable acumen that can be used runtime, covers a detailed competitive scenario and puts forth a realistic and accurate picture of the global market to support the reader in making informed decisions and gaining advantage in the long run.

Digital Inverter Market Reports - Table of Contents

Digital Inverter Market Reports - List of Tables

Table 01: North America Digital Inverter Market Value (US$ Mn), By Power Source, 2012–2016

Table 02: North America Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Power Source, 2017–2027

Table 03: North America Digital Inverter Market Value (US$ Mn), By Product Type, 2012–2016

Table 04: North America Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Product Type, 2017–2027

Table 05: North America Digital Inverter Market Value (US$ Mn), By End-user, 2012–2016

Table 06: North America Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End-user, 2017–2027

Table 7: Western Europe Digital Inverter Market Value (US$ Mn), By Power Source, 2012–2016

Table 8: Western Europe Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Power Source, 2017–2027

Table 9: Western Europe Digital Inverter Market Value (US$ Mn), By Product Type, 2012–2016

Table 10: Western Europe Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Product Type, 2017–2027

Table 11: Western Europe Digital Inverter Market Value (US$ Mn), By End-user, 2012–2016

Table 12: Western Europe Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End-user, 2017–2027

Table 13: Eastern Europe Digital Inverter Market Value (US$ Mn), By Power Source, 2012–2016

Table 14: Eastern Europe Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Power Source, 2017–2027

Table 15: Eastern Europe Digital Inverter Market Value (US$ Mn), By Product Type, 2012–2016

Table 16: Eastern Europe Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Product Type, 2017–2027

Table 17: Eastern Europe Digital Inverter Market Value (US$ Mn), By End-user, 2012–2016

Table 18: Eastern Europe Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End-user, 2017–2027

Table 19: Latin America Digital Inverter Market Value (US$ Mn), By Power Source, 2012–2016

Table 20: Latin America Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Power Source, 2017–2027

Table 21: Latin America Digital Inverter Market Value (US$ Mn), By Product Type, 2012–2016

Table 22: Latin America Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Product Type, 2017–2027

Table 23: Latin America Digital Inverter Market Value (US$ Mn), By End-user, 2012–2016

Table 24: Latin America Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End-user, 2017–2027

Table 25: APEJ Digital Inverter Market Value (US$ Mn), By Power Source, 2012–2016

Table 26: APEJ Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Power Source, 2017–2027

Table 27: APEJ Digital Inverter Market Value (US$ Mn), By Product Type, 2012–2016

Table 28: APEJ Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Product Type, 2017–2027

Table 29: APEJ Digital Inverter Market Value (US$ Mn), By End-user, 2012–2016

Table 30: APEJ Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End-user, 2017–2027

Table 31: Japan Digital Inverter Market Value (US$ Mn), By Power Source, 2012–2016

Table 32: Japan Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Power Source, 2017–2027

Table 33: Japan Digital Inverter Market Value (US$ Mn), By Product Type, 2012–2016

Table 34: Japan Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Product Type, 2017–2027

Table 35: Japan Digital Inverter Market Value (US$ Mn), By End-user, 2012–2016

Table 36: Japan Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End-user, 2017–2027

Table 37: MEA Digital Inverter Market Value (US$ Mn), By Power Source, 2012–2016

Table 38: MEA Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Power Source, 2017–2027

Table 39: MEA Digital Inverter Market Value (US$ Mn), By Product Type, 2012–2016

Table 40: MEA Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Product Type, 2017–2027

Table 41: MEA Digital Inverter Market Value (US$ Mn), By End-user, 2012–2016

Table 42: MEA Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End-user, 2017–2027

Table 43: Global Digital Inverter Market Value (US$ Mn), By Power Source, 2012–2016

Table 44: Global Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Power Source, 2017–2027

Table 45: Global Digital Inverter Market Value (US$ Mn), By Product Type, 2012–2016

Table 46: Global Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By Product Type, 2017–2027

Table 47: Global Digital Inverter Market Value (US$ Mn), By End-user, 2012–2016

Table 48: Global Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, By End-user, 2017–2027

Digital Inverter Market Reports - List of Figures

Figure 1: Global Digital Inverter Market Volume (US$ Mn) 2016–2027

Figure 2: Global Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 3: Global Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 4: Global Digital Inverter Market Absolute $ Opportunity (US$ Mn), 2016–2027

Figure 5: North America Digital Inverter Market Basis Point Analysis, 2017 & 2027

Figure 6: North America Digital Inverter Market Y-o-Y Growth Forecast, 2017–2027

Figure 7: U.S. Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 8: U.S. Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 9: Canada Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 10: Canada Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 11: North America Digital Inverter Market Attractiveness Index, By Country, 2017–2027

Figure 12: North America Digital Inverter Market Attractiveness Index, By Power Source, 2017–2027

Figure 13: North America Digital Inverter Market Attractiveness Index, By Product Type, 2017–2027

Figure 14: North America Digital Inverter Market Attractiveness Index, By End-user, 2017–2027

Figure 15: Western Europe Digital Inverter Market Basis Point Analysis, 2017 & 2027

Figure 16: Western Europe Digital Inverter Market Y-o-Y Growth Forecast, 2017–2027

Figure 17: Germany Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 18: Germany Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 19: France Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 20: France Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 21: U.K. Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 22: U.K. Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 23: Spain Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 24: Spain Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 25: Italy Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 26: Italy Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 27: Nordic Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 28: Nordic Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 29: BENELUX Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 30: BENELUX Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 31: Rest of Western Europe Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 32: Rest of Western Europe Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 33: Western Europe Digital Inverter Market Attractiveness Index, By Country, 2017–2027

Figure 34: Western Europe Digital Inverter Market Attractiveness Index, By Power Source, 2017–2027

Figure 35: Western Europe Digital Inverter Market Attractiveness Index, By Product Type, 2017–2027

Figure 36: Western Europe Digital Inverter Market Attractiveness Index, By End-user, 2017–2027

Figure 37: Eastern Europe Digital Inverter Market Basis Point Analysis, 2017 & 2027

Figure 38: Eastern Europe Digital Inverter Market Y-o-Y Growth Forecast, 2017–2027

Figure 39: Russia Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 40: Russia Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 41: Poland Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 42: Poland Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 43: Rest of Eastern Europe Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 44: Rest of Eastern Europe Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 45: Eastern Europe Digital Inverter Market Attractiveness Index, By Country, 2017–2027

Figure 46: Eastern Europe Digital Inverter Market Attractiveness Index, By Power Source, 2017–2027

Figure 47: Eastern Europe Digital Inverter Market Attractiveness Index, By Product Type, 2017–2027

Figure 48: Eastern Europe Digital Inverter Market Attractiveness Index, By End-user, 2017–2027

Figure 49: Latin America Digital Inverter Market Basis Point Analysis, 2017 & 2027

Figure 50: Latin America Digital Inverter Market Y-o-Y Growth Forecast, 2017–2027

Figure 51: Brazil Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 52: Brazil Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 53: Mexico Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 54: Mexico Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 55: Argentina Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 56: Argentina Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 57: Rest of Latin America Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 58: Rest of Latin America Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 59: Latin America Digital Inverter Market Attractiveness Index, By Country, 2017–2027

Figure 60: Latin America Digital Inverter Market Attractiveness Index, By Power Source, 2017–2027

Figure 61: Latin America Digital Inverter Market Attractiveness Index, By Product Type, 2017–2027

Figure 62: Latin America Digital Inverter Market Attractiveness Index, By End-user, 2017–2027

Figure 63: APEJ Digital Inverter Market Basis Point Analysis, 2017 & 2027

Figure 64: APEJ Digital Inverter Market Y-o-Y Growth Forecast, 2017–2027

Figure 65: China Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 66: China Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 67: India Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 68: India Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 69: ASEAN Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 70: ASEAN Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 71: Australia and New Zealand Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 72: Australia and New Zealand Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 73: Rest of APEJ Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 74: Rest of APEJ Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 75: APEJ Digital Inverter Market Attractiveness Index, By Country, 2017–2027

Figure 76: APEJ Digital Inverter Market Attractiveness Index, By Power Source, 2017–2027

Figure 77: APEJ Digital Inverter Market Attractiveness Index, By Product Type, 2017–2027

Figure 78: APEJ Digital Inverter Market Attractiveness Index, By End-user, 2017–2027

Figure 79: Japan Digital Inverter Market Attractiveness Index, By Power Source, 2017–2027

Figure 80: Japan Digital Inverter Market Attractiveness Index, By Product Type, 2017–2027

Figure 81: Japan Digital Inverter Market Attractiveness Index, By End-user, 2017–2027

Figure 82: MEA Digital Inverter Market Basis Point Analysis, 2017 & 2027

Figure 83: MEA Digital Inverter Market Y-o-Y Growth Forecast, 2017–2027

Figure 84: GCC Countries Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 85: GCC Countries Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 86: North Africa Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 87: North Africa Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 88: South Africa Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 89: South Africa Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 90: Rest of MEA Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 91: Rest of MEA Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 92: MEA Digital Inverter Market Attractiveness Index, By Country, 2017–2027

Figure 93: MEA Digital Inverter Market Attractiveness Index, By Power Source, 2017–2027

Figure 94: MEA Digital Inverter Market Attractiveness Index, By Product Type, 2017–2027

Figure 95: MEA Digital Inverter Market Attractiveness Index, By End-user, 2017–2027

Figure 96: Global Digital Inverter Market Basis Point Analysis, 2017 & 2027

Figure 97: Global Digital Inverter Market Y-o-Y Growth Forecast, 2017–2027

Figure 98: North America Countries Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 99: North America Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 100: Western Europe Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 101: Western Europe Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 102: Eastern Europe Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 103: Eastern Europe Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 104: Latin America Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 105: Latin America Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 106: APEJ Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 107: APEJ Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 108: Japan Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 109: Japan Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 110: MEA Digital Inverter Market Value (US$ Mn), 2012–2016 

Figure 111: MEA Digital Inverter Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2017–2027

Figure 112: Global Digital Inverter Market Attractiveness Index, By Region, 2017–2027

Figure 113: Global Digital Inverter Market Basis Point Analysis, 2017 & 2027

Figure 114: Global Digital Inverter Market Y-o-Y Growth Forecast, 2017–2027

Figure 115: Global Digital Inverter Market Attractiveness Index, By Power Source, 2017–2027

Figure 116: Global Digital Inverter Market Basis Point Analysis, 2017 & 2027

Figure 117: Global Digital Inverter Market Y-o-Y Growth Forecast, 2017–2027

Figure 118: Global Digital Inverter Market Attractiveness Index, By Product Type, 2017–2027

Figure 119: Global Digital Inverter Market Basis Point Analysis, 2017 & 2027

Figure 120: Global Digital Inverter Market Y-o-Y Growth Forecast, 2017–2027

Figure 121: Global Digital Inverter Market Attractiveness Index, By End-user, 2017–2027

 

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