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Asia Pacific Inverter Market for Renewable Energy Systems

Price:
USD $6,500.00
ISBN/SKU #:
FS-P4F0
Research Group:
Frost & Sullivan
Date of Publication:
June 2011
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Summary

The research report covers the inverter market, and factors that are expected to influence the market in Southeast Asia, East Asia and Australasia. It determines the current and future product, technology and competitive trends, as well as seeks to identify the market trends from different regions that are affecting the future growth of this market. It offers an industry prospective, competitive environment and growth opportunities. The service enables a comprehensive view of the inverter market, feasibility and developments across the region. It allows companies to capitalize or exploit on market trends that is likely to have an impact to the industry.

Market Overview

Rising Environment Consciousness Spearheads Growth in the Asia Pacific Inverter Market for Renewable Energy Systems

Governments in the Region Unleash Strategies to Propel the Market Forward

Government initiatives have fuelled growth in the Asia Pacific inverter market for renewable energy systems, and the market is poised to grow at a compound annual growth rate (CAGR) of 14.5 per cent from 2010 to 2017. Growing awareness of climate change and Kyoto Protocol commitments have pushed policy makers and governments across the world to explore viable alternatives. As the reserves of conventional fossil fuels diminish steadily, the attraction quotient of renewable energy has been considerably enhanced. Countries in the region are taking measures to cope with the high oil prices and developing clean energy, such as photovoltaic and wind energy, to reduce reliance on imported oil as well as curb greenhouse gas emissions. Currently, incentives and government policies indirectly control the demand for inverter products used in renewable energy systems. Although inverters form a critical function in these systems, their uptake is directly driven by the expansion of the installation base of renewable energy systems. “Participants in the renewable inverter market are unable to directly influence overall demand as no amount of technology development or price reduction can translate into increased demand,” notes the analyst of this research service. “However, it helps in building competitive advantage.”

Although the market has been progressing steadily, there are some aspects clouding its landscape. The lack of credits has delayed solar power plant completion. Credit plays an important role in the installation of solar power plant projects. Confronted with fund crunch, some developing countries are unable to build solar power plants and those under construction are facing completion delays. “Though the impact of the recent global economic crisis is still lingering in the region, this challenge is expected to ease as financial institutions such as the Asian Development Bank (ADB) step in to provide loans, grants, and technical assistance,” says the analyst. “Thus, a spike in demand renewable energy system inverter products is anticipated in the near future.” Another impediment is the absence of a holistic policy of renewable energy that benefits all parties. For instance, the policy issued in Thailand in 2005 set a target to replace 8.0 per cent of total energy with renewable energy by 2011. In the Fifteen Year Renewable Energy Development Plan issued in 2008, the target was adjusted to replacing 20.0 per cent of energy by 2022. The government in Vietnam should work on the general Renewable Energy Law to provide a clear legal framework and incentives on the renewable energy sector.

Trends in this market indicate polarized preferences for inverter products. For products used on photovoltaic farms that are under government funding or are being funded by international organizations or other institutional investors, quality is a primary issue. For products used on distributed systems sold through individual sales to solve remote power shortage issues, price is the foremost concern. This divergence is expected to decrease eventually when the share of low-end products gradually reduces and the more organized uptake of photovoltaic and wind energy systems gathers momentum.


TABLE OF CONTENTS

1. Executive Summary
   1.1 Market Overview
   1.2 Research Scope and Objectives
   1.3 Major Findings

2. Asia Pacific Inverter Market for Renewable Energy Systems
   2.1 Overview
   2.2 Market Engineering Measurement
   2.3 Industry Challenges
   2.4 Market Drivers
   2.5 Market Restraints
   2.6 Revenue Forecasts and Trends
   2.7 Percent of Revenues by Geographic Region
   2.8 Percent of Revenues by Energy Sources
   2.9 Percent of Revenues by Grid Connectivity
   2.10 Percent of Revenues by Power Ratings
   2.11 Competitive Analysis

3. Southeast Asian Inverter Market for Renewable Energy Systems
   3.1 Overview
   3.2 Market Engineering Measurement
   3.3 Market Drivers
   3.4 Market Restraints
   3.5 Government Initiatives In Renewable Energy Development in Southeast Asia
   3.6 Revenue Forecasts and Trends
   3.7 Percent of Revenues by Geographic Region
   3.8 Percent of Revenues by Energy Sources
   3.9 Percent of Revenues by Grid Connectivity
   3.10 Percent of Revenues by Power Ratings
   3.11 Competitive Analysis

4. East Asian Inverter Market for Renewable Energy Systems
   4.1 Overview
   4.2 Market Engineering Measurement
   4.3 Market Drivers
   4.4 Market Restraints
   4.5 Government Initiatives In Renewable Energy Development in East Asia
   4.6 Revenue Forecasts and Trends
   4.7 Percent of Revenues by Geographic Region
   4.8 Percent of Revenues by Energy Sources
   4.9 Percent of Revenues by Grid Connectivity
   4.10 Percent of Revenues by Power Ratings
   4.11 Competitive Analysis

5. Australasian Inverter Market for Renewable Energy Systems
   5.1 Overview
   5.2 Market Engineering Measurement
   5.3 Market Drivers
   5.4 Market Restraints
   5.5 Government Initiatives In Renewable Energy Development In Australasia
   5.6 Revenue Forecasts and Trends
   5.7 Percent of Revenues by Geographic Region
   5.8 Percent of Revenues by Energy Sources
   5.9 Percent of Revenues by Grid Connectivity
   5.10 Percent of Revenues by Power Ratings
   5.11 Competitive Analysis

6. Appendix


LIST OF FIGURES

    Renewable Energy Systems Inverter Market: Summary of Industry Challenges (Asia Pacific), 2011-2017
    Renewable Energy Systems Inverter Market: Summary of Selected Drivers and Restraints (Asia Pacific), 2011-2017
    Asia Pacific Inverter Market for Renewable Energy Systems
    Renewable Energy Systems Inverter Market: Exchange Rates (Asia Pacific), 2010
    Renewable Energy Systems Inverter Market: Impact of Top Six Industry Challenges (Asia Pacific), 2011-2017
    Renewable Energy Systems Inverter Market: Market Drivers Ranked in Order of Impact (Asia Pacific), 2011-2017
    Renewable Energy Systems Inverter Market: Market Restraints Ranked in Order of Impact (Asia Pacific), 2011-2017
    Renewable Energy Systems Inverter Market: Competitive Structure (Asia Pacific), 2010
    Southeast Asian Inverter Market for Renewable Energy Systems
    Renewable Energy Systems Inverter Market: Market Drivers Ranked in Order of Impact (Southeast Asia), 2011-2017
    Renewable Energy Systems Inverter Market: Market Restraints Ranked in Order of Impact (Southeast Asia), 2011-2017
    Renewable Energy Systems Inverter Market: Market Drivers Ranked in Order of Impact (East Asia), 2011-2017
    Renewable Energy Systems Inverter Market: Market Restraints Ranked in Order of Impact (East Asia), 2011-2017
    Renewable Energy Systems Inverter Market: Feed-in-tariff (Taiwan), 2010 and 2011
    Australasian Inverter Market for Renewable Energy Systems
    Renewable Energy Systems Inverter Market: Market Drivers Ranked in Order of Impact (Australasia), 2011-2017
    Renewable Energy Systems Inverter Market: Market Restraints Ranked in Order of Impact (Australasia), 2011-2017
    Decision Support Database: Nominal GDP (Asia Pacific), 2004-2014
    Decision Support Database: GDP Composition for Manufacturing Sector (Asia Pacific), 2004-2014
    Decision Support Database: Manufacturing Sector’s Value Addition (Asia Pacific), 2004-2014
    Decision Support Database: Total ICT Spending (Asia Pacific), 2004-2014
    Decision Support Database: ICT Spending in Finance and Business Services (Asia Pacific), 2004-2014
    Decision Support Database: Number of Mining Enterprises (Asia Pacific), 2004-2014
    Decision Support Database: Power Industry Structure (Asia Pacific), 2007

LIST OF CHRATS

    Renewable Energy Systems Inverter Market: Geographic Scope (Asia Pacific), 2007-2017
    Renewable Energy Systems Inverter Market: Market Engineering Measurements (Asia Pacific), 2010
    Renewable Energy Systems Inverter Market: Revenue Forecasts (Asia Pacific), 2007-2017
    Renewable Energy Systems Inverter Market: Percent of Revenues by Geographic Region (Asia Pacific), 2007-2017
    Renewable Energy Systems Inverter Market: Percent of Revenues by Energy Sources (Asia Pacific), 2007-2017
    Renewable Energy Systems Inverter Market: Percent of Revenues by Grid Connectivity (Asia Pacific), 2007-2017
    Renewable Energy Systems Inverter Market: Percent of Revenues by Power Ratings (Asia Pacific), 2007-2017
    Renewable Energy Systems Inverter Market: Competitive Factors (Asia Pacific), 2010
    Renewable Energy Systems Inverter Market: Competitive Share by Tiers (Asia Pacific), 2010
    Southeast Asian Inverter Market for Renewable Energy Systems
    Renewable Energy Systems Inverter Market: Market Engineering Measurement (Southeast Asia), 2010
    Renewable Energy Systems Inverter Market: Revenue Forecasts (Southeast Asia), 2007-2017
    Renewable Energy Systems Inverter Market: Percent of Revenues by Geographic Region (Southeast Asia), 2007-2017
    Renewable Energy Systems Inverter Market: Percent of Revenues by Energy Sources (Southeast Asia), 2007-2017
    Renewable Energy Systems Inverter Market: Percent of Revenues by Grid Connectivity (Southeast Asia), 2007-2017
    Renewable Energy Systems Inverter Market: Percent of Revenues by Power Ratings (Southeast Asia), 2007-2017
    Renewable Energy Systems Inverter Market: Competitive Share by Tiers (Southeast Asia), 2010
    East Asian Inverter Market for Renewable Energy Systems
    Renewable Energy Systems Inverter Market: Market Engineering Measurement (East Asia), 2010
    Renewable Energy Systems Inverter Market: Revenue Forecasts (East Asia), 2007-2017
    Renewable Energy Systems Inverter Market: Percent of Revenues by Geographic Region (East Asia), 2007-2017
    Renewable Energy Systems Inverter Market: Percent of Revenues by Energy Sources (East Asia), 2007-2017
    Renewable Energy Systems Inverter Market: Percent of Revenues by Grid Connectivity Systems (East Asia), 2007-2017
    Renewable Energy Systems Inverter Market: Percent of Revenues by Power Ratings (East Asia), 2007-2017
    Renewable Energy Systems Inverter Market: Competitive Share by Tiers (East Asia), 2010
    Australasian Inverter Market for Renewable Energy Systems
    Renewable Energy Systems Inverter Market: Market Engineering Measurement (Australasia), 2010
    Renewable Energy Systems Inverter Market: Revenue Forecasts (Australasia), 2007-2017
    Renewable Energy Systems Inverter Market: Percent of Revenues by Geographic Region (Australasia), 2007-2017
    Renewable Energy Systems Inverter Market: Percent of Revenues by Energy Sources (Australasia), 2007-2017
    Renewable Energy Systems Inverter Market: Percent of Revenues by Grid Connectivity (Australasia), 2007-2017
    Renewable Energy Systems Inverter Market: Percent of Revenues by Power Ratings (Australasia), 2007-2017
    Renewable Energy Systems Inverter Market: Competitive Share by Tiers (Australasia), 2010

 

Additional Information

PDF File. Web Access. Number of Pages: 115 Pages


* More information can be obtained upon the request of sample pages.

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