Dublin, Nov. 24, 2017 (GLOBE NEWSWIRE) -- The "Power Inverter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022" report has been added to Research and Markets' offering. Power inverter is a device that converts direct current (DC) from a battery, solar panel or fuel cell into the conventional alternating current (AC). This alternating current is used to run and operate numerous types of household appliances and lights. As power inverter is a reliable and economic alternate source of electricity, it currently has a diverse range of applications. Power Inverter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022, finds that the global power inverter market reached a value of US$ 60 Billion in 2016, growing at a CAGR of 7% during 2009-2016. The market is currently being driven by a number of favourable factors. Increasing urbanization and electrification rates have led to an increase in the demand for power inverters which are used as an alternate backup power solution in case of emergencies. As a large part of the population is highly dependent upon electronic gadgets and appliances such as laptops, television sets, refrigerators and air conditioners, the need for an uninterrupted power supply has resulted in the growth of the market. Further, the market is also being stimulated by technological innovations which have resulted in portable power inverters that can be used to charge mobile phones and tablets while travelling. According to the report, the market is further expected to reach a value of US$ 90 Billion by 2022. The report has segmented the global power inverter market on the basis of type covering < 5KW, 5-95 KW, 100-495 KW and >500 KW. On the basis of application, the report includes motor drives, UPS, rail traction, wind turbines, EVs/HEVs and solar PVs. Among these, motor drives account for the majority of the market share. Based on region, the report has segmented the market as Asia-Pacific, Europe, North America, Latin America, and Middle East and Africa. Currently, Asia-Pacific represents the largest market for power inverters. The report has further analysed the competitive landscape of the market and provides the profiles of the key players operating in it. Key Topics Covered: 1 Preface 2 Scope and Methodology 2.1 Objectives of the study 2.2 Stakeholders 2.3 Data Sources 2.4 Market Estimation 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Power Inverter Market 5.1 Market Overview 5.2 Market Performance 5.2.1 Volume Trends 5.2.2 Value Trends 5.3 Market Breakup by Region 5.4 Market Breakup by Type 5.5 Market Breakup by Application 5.6 Market Forecast 5.7 SWOT Analysis 5.8 Value Chain Analysis 5.9 Porters Five Forces Analysis 5.9.1 Overview 5.9.2 Bargaining Power of Buyers 5.9.3 Bargaining Power of Suppliers 5.9.4 Degree of Rivalry 5.9.5 Threat of New Entrants 5.9.6 Threat of Substitutes 5.10 Key Market Drivers and Challenges 6 Market by Key Regions 7 Market Breakup by Type 7.1 < 5KW 7.2 5KW to 95KW 7.3 100KW to 495KW 7.4 Above 500KW 8 Market Breakup by Applications 8.1 Motor Drives 8.2 UPS 8.3 Rail Traction 8.4 Wind Turbines 8.5 EVs/HEVs 8.6 Solar PVs 9 Competitive Landscape 9.1 Competitive Structure 9.2 Market Breakup by Key Players 10 Power Inverter Manufacturing Process 10.1 Product Overview 10.2 Detailed Process Flow 10.3 Various Types of Units Operations Involved 10.4 Mass Balance and Raw Material Requirements 11 Project Details, Requirements and Costs Involved 11.1 Land Requirements and Expenditures 11.2 Construction Requirements and Expenditures 11.3 Plant Machinery 11.4 Machinery Pictures 11.5 Raw Material Requirements and Expenditures 11.6 Raw Material Pictures 11.7 Packaging Requirements and Expenditures 11.8 Transportation Requirements and Expenditures 11.9 Utility Requirements and Expenditures 11.10 Manpower Requirements and Expenditures 11.11 Other Capital Investments 12 Loans and Financial Assistance 13 Project Economics 13.1 Capital Cost of the Project 13.2 Techno-Economic Parameters 13.3 Product Pricing and Margins Across Various Levels of the Supply Chain 13.4 Income Projections 13.5 Expenditure Projections 13.6 Taxation and Depreciation 13.7 Financial Analysis 13.8 Profit Analysis 14 Key Player Profiles
- SMA Solar Technology
- Omron
- ABB
- Tabuchi
- TMEIC
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