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India PV Inverter`s Market Outlook, 2021

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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.
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.
1. Executive Summary
2. Global Renewable Inverter Market Outlook
2.1. Market Size
2.1.1. By Value
2.1.1.1. Overall Market
2.1.1.2. By End User Segment
2.1.1.3. By Region
2.1.1.4. By Technology
2.1.1.5. By Average Selling Price
2.1.1.6. By Revenue from Semiconductor
2.1.2. By Volume
2.1.2.1. Overall Market
2.1.2.2. By Global Installation
2.1.2.3. By Shipment
2.1.2.4. By Shipment By Country
2.1.3. Market Share
2.1.3.1. By Region
2.1.3.2. By Company
2.1.3.3. By End User Segment
2.1.3.4. By Technology
2.1.3.5. By Shipments By Country
3. India Renewable Inverter Market Outlook
3.1. Market Size
3.1.1. By Value
3.1.1.1. Overall Market
3.1.1.2. By Average Selling Price
3.1.1.3. By Revenue form MOSFET
3.1.2. By Volume
3.1.2.1. By Total Installed Capacity
3.1.2.2. By End User Segment
3.1.2.3. By Technology
3.1.2.4. By Company By Sales(MW)
3.1.3. Market Share
3.1.3.1. By Region
3.1.3.2. By Company
3.1.3.3. By Technology
3.1.3.4. By End User Segment
3.1.3.5. By Company By Type
3.1.3.6. 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 Inverters 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

List Of Tables


Table 1: Price of PV Inverter capacity wise
Table 2: India Economic Profile 2014
Table 3: Key Facts of SMA Solar
Table 4: Key Facts of ABB
Table 5: Key Facts of AEG
Table 6: Key Facts of Power One
Table 7: Key Facts of Su-Kam Solar
Table 8: Key Facts of Schneider Electric Solar
Table 9: Key Facts of Bonfiglioli

List Of Figures

Figure 1: Global Renewable Inverter Market Size By Value 2010 - 2014 (USD Million)
Figure 2: Global Renewable Inverter Market Size By Value 2015F 2021F (USD Million)
Figure 3: Global Renewable Inverter Market By Value By End User Segment 2009 - 2014 (USD Million)
Figure 4: Global Renewable Inverter Market By Value By End User Segment 2009 - 2014 (USD Million)
Figure 5: Global Renewable Inverter Market By Value By Region 2010 - 2014 (USD Million)
Figure 6: Global Renewable Inverter Market By Value By Region 2015F 2021F (USD Million)
Figure 7: Global Renewable Inverter Market By Value By Technology 2010 2014 (USD Million)
Figure 8: Global Renewable Inverter Market By Value By Technology 2015F 2021F (USD Million)
Figure 9: Global Renewable Inverter Market Average Selling Price 2010 - 2014 (USD/ Watt)
Figure 10: Global Renewable Inverter Market Average Selling Price 2015F 2021F (USD/ Watt)
Figure 11: Global Renewable Inverter Market Size By Value Revenue from Semiconductor
2010 - 2014 (USD Million)
Figure 12: Global Renewable Inverter Market Size By Value Revenue from Semiconductor
2015F 2021F (USD Million)
Figure 13: Global Renewable Inverter Market Size By Volume By Total Installation 2015F 2021F (GW))
Figure 14: Global Renewable Inverter Market Size By Volume By Shipment 2010 2014 (Million Units)
Figure 15: Global Renewable Inverter Market Size By Volume By Shipment 2015F 2021F (Million Units)
Figure 16: Global Renewable Inverter Market Size By Volume By Shipment By Country 2010 2014 (Million Units)
Figure 17: Global Renewable Inverter Market Size By Volume By Shipment By Country 2015F 2021F (Million Units)
Figure 18: Global Renewable Inverter Market Share By Region By Value 2014 & 2021F
Figure 19: Global Renewable Inverter Market Share by Value By Company 2014 & 2021F
Figure 20: Global Renewable Inverter Market Share by Value By End User Segment 2014 & 2021F
Figure 21: Global Renewable Inverter Market Share by Value By Technology 2014 & 2021F
Figure 22: Global Renewable Inverter Market Share by Value by Shipment in countries 2014 & 2021F Figure 23: India PV Inverter Market Size By Value 2010 - 2014 (USD Million)
Figure 24: India PV Inverter Market Size By Value 2015F 2021F (USD Million)
Figure 25: India PV Inverter Market Average Selling Price 2010 - 2014 (USD/ Watt)
Figure 26: India PV Inverter Market Average Selling Price 2015F 2021F (USD/ Watt)
Figure 27: India PV Inverter Market Size By Value Revenue from Semiconductor 2010 - 2014 (USD Million)
Figure 28: India PV Inverter Market Size By Value Revenue from Semiconductor 2015F 2021F (USD Million)
Figure 29: India PV Inverter Market Size By Volume By Total Installation 2010 - 2014 (MW)
Figure 30: India PV Inverter Market Size By Volume By Total Installation 2015F 2021F (MW)
Figure 31: India PV Inverter Market By Volume By End User Segment 2010 - 2014 (MW)
Figure 32: India PV Inverter Market By Volume By End User Segment 2015F 2021F (MW)
Figure 33: India PV Inverter Market By Volume By Technology 2010 2014 (MW)
Figure 34: India PV Inverter Market By Volume By Technology 2015F 2021F (MW)
Figure 35: India PV Inverter Market Size By Volume By Company By Sales 2010 2014 (MW)
Figure 36: India PV Inverter Market Size By Volume By Company By Sales 2015F 2021F (MW)
Figure 37: India PV Inverter Market Share By Region By Value 2014 & 2021
Figure 38: India PV Inverter Market Share By Company 2014 & 2021
Figure 39: India PV Inverter Market Share By End User Segment 2014 & 2021F
Figure 40: India PV Inverter Market Share By Company By Central Inverter 2014
Figure 41: India PV Inverter Market Share By Company By Grid Tied Inverter 2014
Figure 42: India PV Inverter Market Share By Company By Off Grid & Hybrid Inverter 2014
Figure 43: Production Process of PV Inverter
Figure 44: Design of PV Inverter
Figure 45: India PV Inverter Market Size By Value By Unorganized 2010 - 2021 (USD Million)
Figure 46: India PV Inverter Market Size By Value By Unorganized 2010 - 2021 (USD Million)
Figure 47: India PV Inverter Market Size By Value By Organized 2010 - 2021 (USD Million)
Figure 48: India PV Inverter Market Size By Value By Unorganized 2010 - 2021 (USD Million)

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Reports Details

Published Date : Aug 2015
No. of Pages :126
Country :India
Category :Energy and Power
Publisher :BonafideResearch
Report Delivery By :Email
Report Delivery Time :12 to 24 hours after placing the order.

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