Market Overview:
The global low-power inverter market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for renewable energy sources and the growing urbanization and industrialization in developing countries. Based on type, the full bridge inverter segment is expected to hold the largest share of the global low-power inverter market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period. The high growth rate of this segment can be attributed to its ability to handle high power loads and its compact size that makes it suitable for use in small applications such as ups systems, medical equipment, and portable devices. Based on application, photovoltaic inverters are expected to account for the largest share ofthe global low-power inverter market in 2018.
Product Definition:
A low-power inverter is a device that converts direct current (DC) to alternating current (AC). It is important for powering devices such as laptops, cell phones and small appliances while traveling.
Full Bridge Inverter:
Full bridge inverter is a switching power supply which means it switches DC current on and off in rapid sequence. It takes input from one or more sources ( usually AC source but can be DC as well) and converts that into another form making it useful for various applications. Full bridge inverters are used in low-power inverter market owing to their ability to handle high frequencyAC input compared to single phase AC source.
Half Bridge Inverter:
A half bridge inverter is a type of switching power supply used in low-power inverter market. It contains two output terminals, normally operated at different voltages, which can be connected to two different input supplies by means of a switch. The circuit formed by the connection of these output and input terminals is called “bridge”.
Application Insights:
The global low-power inverter market is segmented on the basis of application into photovoltaic inverter, UPS, urban public transportation system, frequency converter and others. The photovoltaic inverters segment dominated the overall market in terms of revenue share in 2017. Increasing demand for clean energy owing to rising awareness regarding environment protection coupled with government initiatives has led to an increased number of installations for solar power generation across countries such as China India and Germany over the past few years. This is expected to drive product demand over the forecast period.
UPS was estimated as one of the largest application segments due to increasing investments by companies such as Schneider Electric SE & Co., Ltd., Isofoton Sistemas SA de CV, Siemens PLDT Inc., ABB Ltd., and Mitsubishi Electric Corporation among others in advanced technology UPS systems that provide reliable power supply across all electronic devices during outages or voltage fluctuations.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period owing to increasing adoption of solar energy in countries such as China and India. In addition, growing industrialization and manufacturing activities in this region will drive inverter demand further. Increasing investments for smart cities development by various governments across Asia Pacific are also driving low-power inverter demand.
The European market was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for low-power inverters from the renewable energy sector
- Growing popularity of electric vehicles and hybrid vehicles
- Rising demand for energy-efficient appliances and devices
- Proliferation of smart grids and microgrids
- Development of innovative technologies that improve the performance of low-power inverters
Scope Of The Report
Report Attributes
Report Details
Report Title
Low-power Inverter Market Research Report
By Type
Full Bridge Inverter, Half Bridge Inverter
By Application
Photovoltaic Inverter, Ups, Urban Public Transportation System, Frequency Converter
By Companies
SMA Solar Technology Ag, Power Electronic, Fimer, SolarEdge Technologies, Tma Electric Corporation, Huawei, Sungrow Power Supply, Sineng Electric Co Ltd, Growatt, Jinlong Technology Co Ltd, Jiangsu Goodway Power Technology Co Ltd, Asea Brown Boveri, Ingeteam, Tbea Co Ltd, Shenzhen Kstar Technology Co Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Low-power Inverter Market Report Segments:
The global Low-power Inverter market is segmented on the basis of:
Types
Full Bridge Inverter, Half Bridge Inverter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Photovoltaic Inverter, Ups, Urban Public Transportation System, Frequency Converter
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SMA Solar Technology Ag
- Power Electronic
- Fimer
- SolarEdge Technologies
- Tma Electric Corporation
- Huawei
- Sungrow Power Supply
- Sineng Electric Co Ltd
- Growatt
- Jinlong Technology Co Ltd
- Jiangsu Goodway Power Technology Co Ltd
- Asea Brown Boveri
- Ingeteam
- Tbea Co Ltd
- Shenzhen Kstar Technology Co Ltd
Highlights of The Low-power Inverter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Full Bridge Inverter
- Half Bridge Inverter
- By Application:
- Photovoltaic Inverter
- Ups
- Urban Public Transportation System
- Frequency Converter
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Low-power Inverter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A low-power inverter is a device that converts direct current (DC) into alternating current (AC). It is used to power small appliances, such as lamps and radios, from the electrical grid.
Some of the major players in the low-power inverter market are SMA Solar Technology Ag, Power Electronic, Fimer, SolarEdge Technologies, Tma Electric Corporation, Huawei, Sungrow Power Supply, Sineng Electric Co Ltd, Growatt, Jinlong Technology Co Ltd, Jiangsu Goodway Power Technology Co Ltd, Asea Brown Boveri, Ingeteam, Tbea Co Ltd, Shenzhen Kstar Technology Co Ltd.
The low-power inverter market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Low-power Inverter Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Low-power Inverter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Low-power Inverter Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Low-power Inverter Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Low-power Inverter Market Size & Forecast, 2018-2028
4.5.1 Low-power Inverter Market Size and Y-o-Y Growth
4.5.2 Low-power Inverter Market Absolute $ Opportunity
Chapter 5 Global Low-power Inverter Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Low-power Inverter Market Size Forecast by Type
5.2.1 Full Bridge Inverter
5.2.2 Half Bridge Inverter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Low-power Inverter Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Low-power Inverter Market Size Forecast by Applications
6.2.1 Photovoltaic Inverter
6.2.2 Ups
6.2.3 Urban Public Transportation System
6.2.4 Frequency Converter
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low-power Inverter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Low-power Inverter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Low-power Inverter Analysis and Forecast
9.1 Introduction
9.2 North America Low-power Inverter Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Low-power Inverter Market Size Forecast by Type
9.6.1 Full Bridge Inverter
9.6.2 Half Bridge Inverter
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Low-power Inverter Market Size Forecast by Applications
9.10.1 Photovoltaic Inverter
9.10.2 Ups
9.10.3 Urban Public Transportation System
9.10.4 Frequency Converter
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Low-power Inverter Analysis and Forecast
10.1 Introduction
10.2 Europe Low-power Inverter Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Low-power Inverter Market Size Forecast by Type
10.6.1 Full Bridge Inverter
10.6.2 Half Bridge Inverter
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Low-power Inverter Market Size Forecast by Applications
10.10.1 Photovoltaic Inverter
10.10.2 Ups
10.10.3 Urban Public Transportation System
10.10.4 Frequency Converter
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Low-power Inverter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Low-power Inverter Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Low-power Inverter Market Size Forecast by Type
11.6.1 Full Bridge Inverter
11.6.2 Half Bridge Inverter
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Low-power Inverter Market Size Forecast by Applications
11.10.1 Photovoltaic Inverter
11.10.2 Ups
11.10.3 Urban Public Transportation System
11.10.4 Frequency Converter
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Low-power Inverter Analysis and Forecast
12.1 Introduction
12.2 Latin America Low-power Inverter Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Low-power Inverter Market Size Forecast by Type
12.6.1 Full Bridge Inverter
12.6.2 Half Bridge Inverter
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Low-power Inverter Market Size Forecast by Applications
12.10.1 Photovoltaic Inverter
12.10.2 Ups
12.10.3 Urban Public Transportation System
12.10.4 Frequency Converter
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Low-power Inverter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Low-power Inverter Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Low-power Inverter Market Size Forecast by Type
13.6.1 Full Bridge Inverter
13.6.2 Half Bridge Inverter
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Low-power Inverter Market Size Forecast by Applications
13.10.1 Photovoltaic Inverter
13.10.2 Ups
13.10.3 Urban Public Transportation System
13.10.4 Frequency Converter
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Low-power Inverter Market: Competitive Dashboard
14.2 Global Low-power Inverter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SMA Solar Technology Ag
14.3.2 Power Electronic
14.3.3 Fimer
14.3.4 SolarEdge Technologies
14.3.5 Tma Electric Corporation
14.3.6 Huawei
14.3.7 Sungrow Power Supply
14.3.8 Sineng Electric Co Ltd
14.3.9 Growatt
14.3.10 Jinlong Technology Co Ltd
14.3.11 Jiangsu Goodway Power Technology Co Ltd
14.3.12 Asea Brown Boveri
14.3.13 Ingeteam
14.3.14 Tbea Co Ltd
14.3.15 Shenzhen Kstar Technology Co Ltd
