Photovoltaic (PV) Inverters - Global Strategic Business Report

Photovoltaic (PV) Inverters - Global Strategic Business Report

Global Industry Analysts, Date of Publication: Jun 13, 2017, 303 Pages
US$4,950.00
GIA-MCP7676

This report analyzes the worldwide markets for Photovoltaic (PV) Inverters in Megawatts. The Global market is further analyzed by the following Distribution Types ・Single-Phase String Inverters, Three-Phase String Inverters, Commercial & Utility Scale Systems, and Microinverters. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 154 companies including many key and niche players such as -

ABB Ltd.
Chint Power Systems America
Darfon Electronics Corp.
Delta Energy Systems, Inc.
Eaton Corporation Plc

Photovoltaic (PV) Inverters - Global Strategic Business Report
TABLE OF CONTENTS

 I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

      Study Reliability and Reporting Limitations                       I-1
      Disclaimers                                                       I-2
      Data Interpretation & Reporting Level                             I-2
       Quantitative Techniques & Analytics                              I-3
      Product Definitions and Scope of Study                            I-3


 II. EXECUTIVE SUMMARY

  1. INDUSTRY OVERVIEW                                                  II-1
      Photovoltaic Energy & Inverters: A Primer                         II-1
       Figure 1: Operating Model of PV Power Generation Industry        II-1
       Figure 2: Components of PV Systems                               II-2
       Table 1: Total Cost Breakdown of Solar Energy by Component
       (includes corresponding Graph/Chart)                             II-3
      Outlook                                                           II-4
       Demand by End-Use                                                II-5
        Table 2: Global Solar Capacity Installation by Segment (2015
        and 2018E): Percentage Share Breakdown of Total Capacity for
        Utility, Commercial and Residential Segments (includes
        corresponding Graph/Chart)                                      II-6
      Competition                                                       II-6
       Table 3: Leading Players in the Global Photovoltaic Inverters
       Market (2016): Percentage Share Breakdown of Shipments by
       Company (includes corresponding Graph/Chart)                     II-7

       Table 4: Leading Players in the Global Photovoltaic Inverters
       Market (2016): Percentage Share Breakdown of Revenues by
       Company (includes corresponding Graph/Chart)                     II-7
      Asian Companies Gain Share from European Counterparts             II-8
       Power Supplies and UPS Vendors Latch onto PV Inverter Success    II-8
      Solar Energy Demand Metrics                                       II-8
       Table 5: Top 10 Countries Worldwide by Annual PV Installed
       Capacity (2016) (includes corresponding Graph/Chart)             II-8

       Table 6: Top 10 Countries Worldwide by Cumulative PV
       Installed Capacity (2016) (includes corresponding
       Graph/Chart)                                                     II-9
      Aging PV Systems Power Replacement Demand                         II-9
      Changing Market Dynamics Impact Prices of PV Inverters            II-9
       Table 7: Global Average Price of PV Inverters by Type
       (2014-2020) (in $/Wac) (includes corresponding Graph/Chart)      II-10
      Tariff Charges Could Trip PV Installation Growth                  II-10
      Asia and the US Emerge as New Nerve Centers for Photovoltaic
       Inverters Market                                                 II-11
      Technological Advancements Power Next Generation Solar Power
       Inverters                                                        II-11
      Demand on Rise for 'Smart' PV Inverters                           II-13
       Rise of Virtual Power Plants Propel Smart Inverters Market       II-14
        Major Benefits of Advanced Inverters                            II-14
         Low Costs, Improved Power Quality and System Reliability       II-14
         Increased Visibility of Distribution System                    II-15
         Potential Deferral of Capital Investments in Utility Grids     II-15
      Micro Inverters Gain Edge                                         II-15
       Table 8: Global Market for Solar Microinverters by Type
       (2016): Percentage Share Breakdown of Shipments for
       Stand-alone and Integrated Solar Microinverters (includes
       corresponding Graph/Chart)                                       II-16
      Reliable, Continuous Power Supply Propel String Inverter
       Market Growth                                                    II-16
      Demand on Rise for Small 3-Phase String and Megawatt PV Inverters II-17
      Manufacturers Roll out More 1,500V Inverters                      II-17
       Table 9: US PV Inverters Market by Capacity (2015-2020):
       Percentage Share Breakdown of Shipments for 600V, 1000V, and
       1500V Inverters (includes corresponding Graph/Chart)             II-18

  2. PRODUCT OVERVIEW                                                   II-19
      Photovoltaic Inverters                                            II-19
      Types of Photovoltaic Inverters                                   II-19
       Stand-Alone PV Inverters                                         II-19
       Grid-Tie PV Inverters                                            II-19
       Battery Backup PV Inverters                                      II-19
      Solar Power Generation System Architectures                       II-19
       Centralized Architecture                                         II-20
       String Architecture                                              II-20
       Multistring Architecture                                         II-20
       Microinverter Architecture                                       II-20
        String Inverters Vs Microinverters                              II-21

  3. PRODUCTS INNOVATIONS/INTRODUCTIONS                                 II-22
      Delta Introduces RPI80 Inverter in South African Market           II-22
      KACO new energy Introduces Three New Inverters                    II-22
      Huawei Introduces New Residential Inverter Models                 II-22
      Consul Neowatt Unveils Sunbird Solar Inverters                    II-22
      Sungrow and SMA Unveil New Inverters                              II-22
      Sungrow Showcases SG80HV -World's First 1,500 V PV String
       Inverter                                                         II-22
      OMRON Unveils New Residential PV Inverter Along with DC
       Optimizers                                                       II-23
      Gamesa Launches E-2.25 MVA PV Inverter                            II-23
      Delta Launches M80U Photovoltaic (PV) Inverter                    II-23
      Ideal Launches SunDial™ Solar Photovoltaic String Inverter        II-23
      SMA Introduces Sunny Boy Storage - A High Voltage Battery
       Compatible Inverter                                              II-23
      Borg Energy Introduces Vega Series of Solar Powered Energy System II-23
      SmartTrak Launches Plug-and-Play Solar Microinverters for
       Households, Rural Areas                                          II-24
      SolarEdge Launches New HD-Wave Inverter Technology                II-24
      Fronius Introduces New String Inverter                            II-24
      Sungrow Unveils New Series of String Inverters                    II-24
      LTI ReEnergy Launches PVmaster-Station Inverter with Ampt Mode    II-24

  4. RECENT INDUSTRY ACTIVITY                                           II-25
      Sungrow Bags Contract from Blue Capital Management for Supply
       of PV inverters                                                  II-25
      Fronius Installs Fronius IG Plus String Inverters at Former
       Nuclear Plant in Austria                                         II-25
      ABB India Breaks Ground for New Solar Inverter Manufacturing
       Plant                                                            II-25
      Sungrow Inks Pact with ABB for 1,500V Market                      II-25
      Ingeteam Acquires Bonfiglioli's PV Business                       II-25
      AEC Opens Saudi Arabia’s First Solar PV Inverter Factory          II-26
      SolarMax Restarts Production of String and Central Inverters      II-26
      Conergy Inks Inverter Partnership Agreement with Sungrow          II-26

  5. FOCUS ON SELECT GLOBAL PLAYERS                                     II-27
      ABB Ltd. (Switzerland)                                            II-27
      Chint Power Systems America (USA)                                 II-27
      Darfon Electronics Corp. (Taiwan)                                 II-28
      Delta Energy Systems, Inc. (Australia)                            II-28
      Eaton Corporation Plc (Ireland)                                   II-28
      Elettronica Santerno S.p.A. (Italy)                               II-28
      Enphase Energy (USA)                                              II-29
      Fronius International GmbH (Austria)                              II-29
      Fuji Electric Europe GmbH (Germany)                               II-29
      GE Power (USA)                                                    II-30
      Ginlong Technologies (China)                                      II-30
      Growatt New Energy Technology Co., Ltd. (China)                   II-30
      Huawei Technologies Co. Ltd. (China)                              II-31
      Ingeteam Corporacion, S.A. (Spain)                                II-31
      KACO new energy, Inc. (USA)                                       II-32
      Mitsubishi Electric (Japan)                                       II-32
      SolarEdge Technologies, Inc. (Israel)                             II-32
      Schneider Electric SE (France)                                    II-33
      Sineng Electric Co., Ltd. (China)                                 II-33
      TBEA Xinjiang Sunoasis Co., Ltd. (TBEA Sunoasis Co., Ltd.) 
      (China)                                                           II-33
      SMA Solar Technology AG (Germany)                                 II-34
      Sungrow Power Supply Co., Ltd (China)                             II-34
      TMEIC Corporation (Japan)                                         II-34

  6. GLOBAL MARKET PERSPECTIVE                                          II-35
      Table 10: World Recent Past, Current & Future Analysis for PV
      Inverters by Geographic Region - US, Canada, Japan, Europe,
      Asia-Pacific, Latin America, and Rest of World Markets
      Independently Analyzed with Annual Shipment Capacities in
      Megawatts for Years 2016 through 2024 (includes corresponding
      Graph/Chart)                                                      II-35

      Table 11: World Historic Review for PV Inverters by Geographic
      Region - US, Canada, Japan, Europe, Asia-Pacific, Latin
      America, and Rest of World Markets Independently Analyzed with
      Annual Shipment Capacities in Megawatts for Years 2011 through
      2015 (includes corresponding Graph/Chart)                         II-36

      Table 12: World 14-Year Perspective for PV Inverters by
      Geographic Region - Percentage Breakdown of Shipment
      Capacities for US, Canada, Japan, Europe, Asia-Pacific, Latin
      America, and Rest of World Markets for Years 2011, 2017, &
      2024 (includes corresponding Graph/Chart)                         II-37

      Table 13: World Recent Past, Current & Future Analysis for PV
      Inverters by Distribution Type - Single-Phase String
      Inverters, Three-Phase String Inverters, Utility Central &
      Solution, and Microinverters Markets Independently Analyzed
      with Annual Shipment Capacities in Megawatts for Years 2016
      through 2024 (includes corresponding Graph/Chart)                 II-38

      Table 14: World Historic Review for PV Inverters by
      Distribution Type - Single-Phase String Inverters, Three-Phase
      String Inverters, Utility Central & Solution, and
      Microinverters Markets Independently Analyzed with Annual
      Shipment Capacities in Megawatts for Years 2011 through 2015
      (includes corresponding Graph/Chart)                              II-39

      Table 15: World 14-Year Perspective for PV Inverters by
      Distribution Type - Percentage Breakdown of Shipment
      Capacities for Single-Phase String Inverters, Three-Phase
      String Inverters, Utility Central & Solution, and
      Microinverters Markets for Years 2011, 2017, & 2024 
      (includes corresponding Graph/Chart)                              II-40


 III. MARKET

  1. THE UNITED STATES                                                  III-1
      A.Market Analysis                                                 III-1
        Solar Energy Market in the US                                   III-1
         Table 16: US New Energy Generation by Source (2014-2016):
         Percentage Breakdown of New Capacity by Energy Source
         (includes corresponding Graph/Chart)                           III-2

         Table 17: US Solar PV Capacity Installations (2014-2022):
         Percentage Breakdown of New Capacity Installations by
         Sector (includes corresponding Graph/Chart)                    III-2
        Inverter Manufacturers Face Pricing Pressures                   III-3
         Table 18: Average Price Trends for Photovoltaic Inverters
         by Type in the US (H12016-H12017) (in $/Wac) (includes
         corresponding Graph/Chart)                                     III-3

         Table 19: Photovoltaic Inverters Market in the US
         (2015-2020): Percentage Share Breakdown of Shipments by
         Capacity (includes corresponding Graph/Chart)                  III-4
        NEC Compliance to Drive MicroInverters Market                   III-4
         Table 20: US Residential market for Photovoltaic Inverters
         (2016-2022): Percentage Share Breakdown of Inverter
         Installation by Type (includes corresponding Graph/Chart)      III-5
        Smart Inverters Gather Pace                                     III-5
         Despite Benefits, Discrepancies Persist Between Interest
          and Deployment                                                III-6
          Ongoing, Multi-party Engagement                               III-6
          Standards Unable to Meet Pace of Technological Advancements   III-7
          Need for New Communications Protocols and Infrastructure      III-7
         Regulatory Scenario                                            III-7
          California Rule 21 and the Smart Inverter Working Group       III-8
          UL 1741 SA                                                    III-9
          IEEE 1547 Full Revision                                       III-9
        New York Approves Clean Energy Standard                         III-9
        Strategic Corporate Developments                                III-10
        Select Players                                                  III-11
      B.Market Analytics                                                III-13
        Table 21: The US Recent Past, Current & Future Analysis for
        PV Inverters Market Analyzed with Annual Shipment Capacities
        in Megawatts for Years 2016 through 2024 (includes
        corresponding Graph/Chart)                                      III-13

        Table 22: The US Historic Review for PV Inverters Market
        Analyzed with Annual Shipment Capacities in Megawatts for
        Years 2011 through 2015 (includes corresponding Graph/Chart)    III-14

  2. CANADA                                                             III-15
       Market Analysis                                                  III-15
        Table 23: Canadian Recent Past, Current & Future Analysis
        for PV Inverters Market Analyzed with Annual Shipment
        Capacities in Megawatts for Years 2016 through 2024
        (includes corresponding Graph/Chart)                            III-15

        Table 24: Canadian Historic Review for PV Inverters Market
        Analyzed with Annual Shipment Capacities in Megawatts for
        Years 2011 through 2015 (includes corresponding Graph/Chart)    III-16

  3. JAPAN                                                              III-17
      A.Market Analysis                                                 III-17
        Outlook                                                         III-17
      B.Market Analytics                                                III-17
        Table 25: Japanese Recent Past, Current & Future Analysis
        for PV Inverters Market Analyzed with Annual Shipment
        Capacities in Megawatts for Years 2016 through 2024
        (includes corresponding Graph/Chart)                            III-17

        Table 26: Japanese Historic Review for PV Inverters Market
        Analyzed with Annual Shipment Capacities in Megawatts for
        Years 2011 through 2015 (includes corresponding Graph/Chart)    III-18

  4. EUROPE                                                             III-19
      A.Market Analysis                                                 III-19
        Market Overview                                                 III-19
        Solar Energy Market Overview                                    III-19
        Major Barriers in the European Photovoltaic Market              III-20
         Political Instability & Uneven Spread of Investments           III-20
         Retroactive Changes to Increase Cost of Capital                III-20
         Grid Charges Disincentivise Solar Power                        III-20
         Curtailment of Solar Power - A Stark Reality                   III-21
         High Up-front Costs Act as Barrier for Mini-Utility
          Business Models                                               III-21
      B.Market Analytics                                                III-22
        Table 27: European Recent Past, Current & Future Analysis
        for PV Inverters by Geographic Region - France, Germany,
        Italy, UK, Spain, and Rest of Europe Markets Independently
        Analyzed with Annual Shipment Capacities in Megawatts for
        Years 2016 through 2024 (includes corresponding Graph/Chart)    III-22

        Table 28: European Historic Review for PV Inverters by
        Geographic Region - France, Germany, Italy, UK, Spain, and
        Rest of Europe Markets Independently Analyzed with Annual
        Shipment Capacities in Megawatts for Years 2011 through 2015
        (includes corresponding Graph/Chart)                            III-23

        Table 29: European 14-Year Perspective for PV Inverters by
        Geographic Region - Percentage Breakdown of Shipment
        Capacities for France, Germany, Italy, UK, Spain, and Rest
        of Europe Markets for Years 2011, 2017, & 2024 (includes
        corresponding Graph/Chart)                                      III-24

  4a. FRANCE                                                            III-25
      A.Market Analysis                                                 III-25
        Outlook                                                         III-25
        Key Player                                                      III-25
      B.Market Analytics                                                III-26
        Table 30: French Recent Past, Current & Future Analysis for
        PV Inverters Market Analyzed with Annual Shipment Capacities
        in Megawatts for Years 2016 through 2024 (includes
        corresponding Graph/Chart)                                      III-26

        Table 31: French Historic Review for PV Inverters Market
        Analyzed with Annual Shipment Capacities in Megawatts for
        Years 2011 through 2015 (includes corresponding Graph/Chart)    III-27

  4b. GERMANY                                                           III-28
      A.Market Analysis                                                 III-28
        Outlook                                                         III-28
        Strategic Corporate Developments                                III-28
        Key Players                                                     III-28
      B.Market Analytics                                                III-29
        Table 32: German Recent Past, Current & Future Analysis for
        PV Inverters Market Analyzed with Annual Shipment Capacities
        in Megawatts for Years 2016 through 2024 (includes
        corresponding Graph/Chart)                                      III-29

        Table 33: German Historic Review for PV Inverters Market
        Analyzed with Annual Shipment Capacities in Megawatts for
        Years 2011 through 2015 (includes corresponding Graph/Chart)    III-30

  4c. ITALY                                                             III-31
      A.Market Analysis                                                 III-31
        Outlook                                                         III-31
        Strategic Corporate Developments                                III-31
        Key Player                                                      III-31
      B.Market Analytics                                                III-32
        Table 34: Italian Recent Past, Current & Future Analysis for
        PV Inverters Market Analyzed with Annual Shipment Capacities
        in Megawatts for Years 2016 through 2024 (includes
        corresponding Graph/Chart)                                      III-32

        Table 35: Italian Historic Review for PV Inverters Market
        Analyzed with Annual Shipment Capacities in Megawatts for
        Years 2011 through 2015 (includes corresponding Graph/Chart)    III-33

  4d. THE UNITED KINGDOM                                                III-34
      A.Market Analysis                                                 III-34
        Outlook                                                         III-34
        Strategic Corporate Developments                                III-34
      B.Market Analytics                                                III-34
        Table 36: The UK Recent Past, Current & Future Analysis for
        PV Inverters Market Analyzed with Annual Shipment Capacities
        in Megawatts for Years 2016 through 2024 (includes
        corresponding Graph/Chart)                                      III-34

        Table 37: The UK Historic Review for PV Inverters Market
        Analyzed with Annual Shipment Capacities in Megawatts for
        Years 2011 through 2015 (includes corresponding Graph/Chart)    III-35

  4e. SPAIN                                                             III-36
      A.Market Analysis                                                 III-36
        Outlook                                                         III-36
        Strategic Corporate Development                                 III-36
        Key Player                                                      III-36
      B.Market Analytics                                                III-37
        Table 38: Spanish Recent Past, Current & Future Analysis for
        PV Inverters Market Analyzed with Annual Shipment Capacities
        in Megawatts for Years 2016 through 2024 (includes
        corresponding Graph/Chart)                                      III-37

        Table 39: Spanish Historic Review for PV Inverters Market
        Analyzed with Annual Shipment Capacities in Megawatts for
        Years 2011 through 2015 (includes corresponding Graph/Chart)    III-38

  4f. REST OF EUROPE                                                    III-39
      A.Market Analysis                                                 III-39
        Outlook                                                         III-39
        Strategic Corporate Developments                                III-39
        Key Players                                                     III-39
      B.Market Analytics                                                III-41
        Table 40: Rest of European Recent Past, Current & Future
        Analysis for PV Inverters Market Analyzed with Annual
        Shipment Capacities in Megawatts for Years 2016 through 2024
        (includes corresponding Graph/Chart)                            III-41

        Table 41: Rest of European Historic Review for PV Inverters
        Market Analyzed with Annual Shipment Capacities in Megawatts
        for Years 2011 through 2015 (includes corresponding
        Graph/Chart)                                                    III-42

  5. ASIA-PACIFIC                                                       III-43
      A.Market Analysis                                                 III-43
        Market Overview                                                 III-43
         Outlook                                                        III-43
        Solar Microinverters Penetrate Untapped Markets                 III-43
         Higher Costs Can Trip Soaring Demand                           III-44
         Lack of Accessibility Impacts Market Growth                    III-44
      B.Market Analytics                                                III-45
        Table 42: Asia-Pacific Recent Past, Current & Future
        Analysis for PV Inverters by Geographic Region - China,
        India, and Rest of Asia-Pacific Markets Independently
        Analyzed with Annual Shipment Capacities in Megawatts for
        Years 2016 through 2024 (includes corresponding Graph/Chart)    III-45

        Table 43: Asia-Pacific Historic Review for PV Inverters by
        Geographic Region - China, India, and Rest of Asia-Pacific
        Markets Independently Analyzed with Annual Shipment
        Capacities in Megawatts for Years 2011 through 2015
        (includes corresponding Graph/Chart)                            III-46

        Table 44: Asia-Pacific 14-Year Perspective for PV Inverters
        by Geographic Region - Percentage Breakdown of Shipment
        Capacities for China, India, and Rest of Asia-Pacific
        Markets for Years 2011, 2017, & 2024 (includes corresponding
        Graph/Chart)                                                    III-47

  5a. CHINA                                                             III-48
      A.Market Analysis                                                 III-48
        Market Overview                                                 III-48
         China: A Major Powerhouse in Global PV Market                  III-48
          Table 45: China’s Energy Mix (TWh) (2016) (includes
           corresponding Graph/Chart)                                   III-48
        Major Trends in Chinese Market                                  III-49
         Growing Competition Leads to Pricing Pressure                  III-49
          Table 46: Average Price of Solar Inverters in China
          (2014-2020) (includes corresponding Graph/Chart)              III-49
         Sungrow, Huawei Breach Top Ten Global Supplier Mark            III-49
         PV Inverter Product Mix Witness Shift                          III-50
        Strategic Corporate Developments                                III-50
        Select Players                                                  III-51
      B.Market Analytics                                                III-54
        Table 47: Chinese Recent Past, Current & Future Analysis for
        PV Inverters Market Analyzed with Annual Shipment Capacities
        in Megawatts for Years 2016 through 2024 (includes
        corresponding Graph/Chart)                                      III-54

        Table 48: Chinese Historic Review for PV Inverters Market
        Analyzed with Annual Shipment Capacities in Megawatts for
        Years 2011 through 2015 (includes corresponding Graph/Chart)    III-55

  5b. INDIA                                                             III-56
      A.Market Analysis                                                 III-56
        Market Overview                                                 III-56
         India Continues to Register Healthy Growth Rate                III-56
        Market Evolution and Present Market Status                      III-56
         Table 49: Indian PV Inverters Market (2020): Estimated
         Percentage-wise Breakdown of Share of Revenues by Utility,
         Commercial/ Industrial and Residential Sector (includes
         corresponding Graph/Chart)                                     III-57
         Table 50: Top 5 Indian States by Solar Growth Capacity
          Addition (Fiscal 2017) (includes corresponding Graph/
           Chart)                                                       III-58
        International Players Dominate Indian PV Market Scene           III-58
         Table 51: Indian Solar Energy Market (2016): Percentage
         Breakdown of Market Revenue Share for Government and
         Captive Power Units (includes corresponding Graph/Chart)       III-58

         Table 52: Leading Players in the Indian PV Inverters Market
         (2016): Percentage Breakdown of Shipments by Company
         (includes corresponding Graph/Chart)                           III-59
        Strategic Corporate Developments                                III-60
      B.Market Analytics                                                III-61
        Table 53: Indian Recent Past, Current & Future Analysis for
        PV Inverters Market Analyzed with Annual Shipment Capacities
        in Megawatts for Years 2016 through 2024 (includes
        corresponding Graph/Chart)                                      III-61

        Table 54: Indian Historic Review for PV Inverters Market
        Analyzed with Annual Shipment Capacities in Megawatts for
        Years 2011 through 2015 (includes corresponding Graph/Chart)    III-62

  5c. REST OF ASIA PACIFIC                                              III-63
      A.Market Analysis                                                 III-63
        Market Overview                                                 III-63
         Outlook                                                        III-63
          Australia                                                     III-63
        Key Player                                                      III-63
      B.Market Analytics                                                III-64
        Table 55: Rest of Asia-Pacific Recent Past, Current & Future
        Analysis for PV Inverters Market Analyzed with Annual
        Shipment Capacities in Megawatts for Years 2016 through 2024
        (includes corresponding Graph/Chart)                            III-64

        Table 56: Rest of Asia-Pacific Historic Review for PV
        Inverters Market Analyzed with Annual Shipment Capacities in
        Megawatts for Years 2011 through 2015 (includes
        corresponding Graph/Chart)                                      III-65

  6. LATIN AMERICA                                                      III-66
       Market Analysis                                                  III-66
        Table 57: Latin American Recent Past, Current & Future
        Analysis for PV Inverters by Geographic Region - Brazil and
        Rest of Latin America Markets Independently Analyzed with
        Annual Shipment Capacities in Megawatts for Years 2016
        through 2024 (includes corresponding Graph/Chart)               III-66

        Table 58: Latin American Historic Review for PV Inverters by
        Geographic Region - Brazil and Rest of Latin America Markets
        Independently Analyzed with Annual Shipment Capacities in
        Megawatts for Years 2011 through 2015 (includes
        corresponding Graph/Chart)                                      III-67

        Table 59: Latin American 14-Year Perspective for PV
        Inverters by Geographic Region - Percentage Breakdown of
        Shipment Capacities for Brazil and Rest of Latin America
        Markets for Years 2011, 2017, & 2024 (includes corresponding
        Graph/Chart)                                                    III-68

  7. REST OF WORLD                                                      III-69
      A.Market Analysis                                                 III-69
        Market Overview                                                 III-69
         Outlook                                                        III-69
        Middle East Photovoltaic Inverters Market                       III-69
        Strategic Corporate Developments                                III-69
        Key Player                                                      III-70
      B.Market Analytics                                                III-71
        Table 60: Rest of World Recent Past, Current & Future
        Analysis for PV Inverters Market Analyzed with Annual
        Shipment Capacities in Megawatts for Years 2016 through 2024
        (includes corresponding Graph/Chart)                            III-71

        Table 61: Rest of World Historic Review for PV Inverters
        Market Analyzed with Annual Shipment Capacities in Megawatts
        for Years 2011 through 2015 (includes corresponding
        Graph/Chart)                                                    III-72


 IV. COMPETITIVE LANDSCAPE

     Total Companies Profiled: 154 (including Divisions/Subsidiaries - 163)

     The United States (16)
     Canada (1)
     Japan (7)
     Europe (40)
     - France (3)
     - Germany (13)
     - Italy (9)
     - Spain (7)
     - Rest of Europe (8)
     Asia-Pacific (Excluding Japan) (93)
     Middle East (2)
     Latin America (2)
     Africa (2)
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Date of Publication:
Jun 13, 2017
Number of Pages:
303 Pages