Inverter Market by Application, Type, and Geography - Forecast and Analysis 2023-2027

Published: Dec 2022 Pages: 172 SKU: IRTNTR70280

The inverter market is estimated to grow at a CAGR of 6.7% between 2022 and 2027. The size of the market is forecasted to increase by USD 3,0136.2 million. The growth of the market depends on several factors, including the rise in wind energy consumption, increasing solar energy installation, and growing support from governments for solar energy projects.

This report extensively covers market segmentation by application (motor drive, renewable energy, and UPS), type (on-grid and off-grid), and geography (APAC, Europe, North America, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Inverter Market During the Forecast Period?

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Parent Market Analysis

The reports categorize the global inverter market as a part of the global electrical components and equipment market, which covers companies engaged in the manufacturing of electric cables and wires, electrical components, and electrical equipment. Technavio calculates the global electrical components and equipment market size based on the combined revenue generated by the manufacturers of water heaters and accessories, motors, motor control, encoder and amplifier, automation solutions, electrical distribution and protection equipment, small generators, wire and cable accessories, power supplies and conditioners, sensors, meters and indicators, recorders and loggers, process safety systems, instrumentation, test, and measurement equipment, switches, transmitters and receivers, HVAC, and safety components. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Inverter Market: Key Drivers, Trends, Challenges, and Customer Landscape

The rise in wind energy consumption is notably driving the market growth, although factors such as the intermittent nature of renewable energy may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Inverter Market Driver

The rise in wind energy consumption is notably driving market growth. Countries across the world are focusing on renewable sources to produce power due to depleting conventional sources of energy and growing concerns about GHG emissions. Wind power is the most efficient source of power generation. The growing awareness about the benefits of wind energy is increasing the demand for wind turbine inverters, as they can increase the rotational speed and energy output while ensuring a high rate of return for investors from wind projects. Thus, the demand for wind turbine inverters is increasing.

Countries such as Denmark, Spain, Germany, and the UK produce over 10% of their power from wind energy. Moreover, the rising cost of fossil fuels is making wind power an economical source of renewable energy. During the forecast period, growth in wind energy consumption is expected to propel the demand for wind turbine inverters. This, in turn, will fuel the market growth. 

Significant Inverter Market Trend

The increase in demand for clean power is a key trend influencing market growth. The demand for power is increasing across the world. This demand is expected to increase in the future due to an increase in population and economic growth. Sustaining economic growth will require a substantial amount of power. Many countries have implemented renewable energy targets and policies, which have increased renewable power production. Countries are becoming aware of the depletion of fossil fuel resources. Therefore, they are gradually moving toward renewable energy such as wind and solar.

Governments are setting up favorable policies that will help establish and sustain wind power against cheaper alternatives. FiTs are being provided in almost all countries that have wind power installations. Auctions are being held for upcoming wind power installations to increase healthy competition. Countries are also investing in infrastructure to connect wind power to the grid. All such developments are expected to propel the growth of the market during the forecast period. 

Major Inverter Market Challenge

The intermittent nature of renewable energy may impede the inverter market growth. The energy produced from solar panels is not steady throughout the process. The power generated from PV differs based on factors such as the efficiency of the panel, the degree of the shade, and solar irradiation. Solar PV converts about 12%-16% of the sunlight that falls on the panel to electric energy. Its efficiency cannot be compared with the conversion rate of power generated by burning fossil fuels. 

Though a highly advanced PV reduces the intermittency problem up to a certain extent, the high cost of these products reduces the use of these panels. Hence, the intermittency issues of solar PVs hinder their demand, which, in turn, will impede the growth of the market during the forecast period.

Key Inverter Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Inverter Market Customer Landscape

Who are the Major Inverter Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • ABB Ltd. - The company offers inverters such as HES880 Inverter.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

 

  • Altenergy Power System Inc.
  • Danfoss AS
  • DARFON ELECTRONICS CORP.
  • Delta Electronics Inc.
  • Eaton Corp. Plc
  • Enphase Energy Inc.
  • Fronius International GmbH
  • General Electric Co.
  • Huawei Technologies Co. Ltd.
  • Mitsubishi Electric Corp.
  • OMRON Corp.
  • Powerone Micro Systems Pvt. Ltd.
  • Schneider Electric SE
  • Shenzen Growatt New Energy Technology Co. Ltd.
  • Siemens AG
  • SMA Solar Technology AG
  • SolarEdge Technologies Inc.
  • Sungrow Power Supply Co. Ltd.
  • Vertiv Holdings Co.

 

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What are the Fastest-Growing Segments in the Inverter Market?

The market share growth by the motor drive segment will be significant during the forecast period. The growth of this segment can be attributed to factors such as the need to optimize manufacturing processes and reduce operational costs by monitoring energy consumption using a variable frequency drive system. The segment is characterized by the growing demand for and use of electric motors in household appliances, motor vehicles, aerospace, industrial, and other transportation equipment in lieu of mechanical and hydraulic motors.

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The motor drive segment showed a gradual increase in the market share of USD 26,574.30 million in 2017 and continued to grow by 2021. Electric motors account for 44% of electricity consumption worldwide. The demand for electricity is rising globally due to factors such as high urbanization rate and rising population. Such factors are expected to increase the demand for electric motor driver inverters during the forecast period. In addition, the need to comply with the higher energy standards set by various regulatory bodies across the world is driving the demand for electric motors. These factors will drive the growth of the segment during the forecast period.

Which are the Key Regions for the Inverter Market?

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APAC is estimated to account for 41% of the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The growing use of inverters in EV and railroad, wind, solar, manufacturing, and industrial sectors has impacted the inverter market in APAC. Countries such as Japan, China, Australia, India, South Korea, Taiwan, and Singapore are the key contributors to the growth of the market. The growth in population and improvements in the standards of living are increasing the demand for energy in APAC. This has improved the focus on renewable energy, including wind power. These factors will drive the growth of the market in the region during the forecast period.

This report forecasts the contribution of all the segments to the growth of the market. In addition, we have included the COVID-19 impact and the recovery strategies for each segment. The outbreak of COVID-19 across the region in 2020 slowed down the growth of various manufacturing industries, including power utilities, which negatively impacted the regional inverter market. However, with mass vaccination drives and the lifting of travel restrictions, several businesses resumed their operations in the region. These factors are thus anticipated to propel the growth of the market in the region during the forecast period. 

Segment Overview

The report forecasts market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by application (motor drive, renewable energy, and UPS), type (on-grid and off-grid), and geography (APAC, Europe, North America, Middle East and Africa, and South America).

  • Application Outlook (USD Million, 2017 - 2027)
    • Motor drive
    • Renewable energy
    • UPS
  • Type Outlook (USD Million, 2017 - 2027)
    • On-grid
    • Off-grid
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The US
      • Canada
    • Europe
      • The UK
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East and Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East and Africa
    • South America
      • Argentina
      • Brazil
      • Chile

Inverter Market Scope

Report Coverage

Details

Page number

172

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 6.7%

Market growth 2023-2027

USD 3,0136.2 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

5.96

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 41%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

ABB Ltd., Altenergy Power System Inc., Danfoss AS, DARFON ELECTRONICS CORP., Delta Electronics Inc., Eaton Corp. Plc, Enphase Energy Inc., Fronius International GmbH, General Electric Co., Huawei Technologies Co. Ltd., Mitsubishi Electric Corp., OMRON Corp., Powerone Micro Systems Pvt. Ltd., Schneider Electric SE, Shenzen Growatt New Energy Technology Co. Ltd., Siemens AG, SMA Solar Technology AG, SolarEdge Technologies Inc., Sungrow Power Supply Co. Ltd., and Vertiv Holdings Co.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Inverter Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the inverter between 2023 and 2027
  • Precise estimation of the size of the inverter market and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across APAC, Europe, North America, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of inverter market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global inverter market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global inverter market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Motor drive - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Motor drive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Motor drive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Motor drive - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Motor drive - Year-over-year growth 2022-2027 (%)
    • 6.4 Renewable energy - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Renewable energy - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Renewable energy - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Renewable energy - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Renewable energy - Year-over-year growth 2022-2027 (%)
    • 6.5 UPS - Market size and forecast 2022-2027
      • Exhibit 42: Chart on UPS - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on UPS - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on UPS - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on UPS - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Application
      • Exhibit 46: Market opportunity by Application ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 47: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 48: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 49: Chart on Comparison by Type
      • Exhibit 50: Data Table on Comparison by Type
    • 7.3 On-grid - Market size and forecast 2022-2027
      • Exhibit 51: Chart on On-grid - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on On-grid - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on On-grid - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on On-grid - Year-over-year growth 2022-2027 (%)
    • 7.4 Off-grid - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Off-grid - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Off-grid - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Off-grid - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Off-grid - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 59: Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 63: Chart on Geographic comparison
      • Exhibit 64: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 105: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 108: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 109: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 110: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 111: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 112: ABB Ltd. - Overview
              • Exhibit 113: ABB Ltd. - Business segments
              • Exhibit 114: ABB Ltd. - Key news
              • Exhibit 115: ABB Ltd. - Key offerings
              • Exhibit 116: ABB Ltd. - Segment focus
            • 12.4 Altenergy Power System Inc.
              • Exhibit 117: Altenergy Power System Inc. - Overview
              • Exhibit 118: Altenergy Power System Inc. - Product / Service
              • Exhibit 119: Altenergy Power System Inc. - Key offerings
            • 12.5 Danfoss AS
              • Exhibit 120: Danfoss AS - Overview
              • Exhibit 121: Danfoss AS - Business segments
              • Exhibit 122: Danfoss AS - Key news
              • Exhibit 123: Danfoss AS - Key offerings
              • Exhibit 124: Danfoss AS - Segment focus
            • 12.6 DARFON ELECTRONICS CORP.
              • Exhibit 125: DARFON ELECTRONICS CORP. - Overview
              • Exhibit 126: DARFON ELECTRONICS CORP. - Product / Service
              • Exhibit 127: DARFON ELECTRONICS CORP. - Key offerings
            • 12.7 Delta Electronics Inc.
              • Exhibit 128: Delta Electronics Inc. - Overview
              • Exhibit 129: Delta Electronics Inc. - Business segments
              • Exhibit 130: Delta Electronics Inc. - Key offerings
              • Exhibit 131: Delta Electronics Inc. - Segment focus
            • 12.8 Eaton Corp. Plc
              • Exhibit 132: Eaton Corp. Plc - Overview
              • Exhibit 133: Eaton Corp. Plc - Business segments
              • Exhibit 134: Eaton Corp. Plc - Key news
              • Exhibit 135: Eaton Corp. Plc - Key offerings
              • Exhibit 136: Eaton Corp. Plc - Segment focus
            • 12.9 Enphase Energy Inc.
              • Exhibit 137: Enphase Energy Inc. - Overview
              • Exhibit 138: Enphase Energy Inc. - Product / Service
              • Exhibit 139: Enphase Energy Inc. - Key offerings
            • 12.10 Fronius International GmbH
              • Exhibit 140: Fronius International GmbH - Overview
              • Exhibit 141: Fronius International GmbH - Product / Service
              • Exhibit 142: Fronius International GmbH - Key offerings
            • 12.11 General Electric Co.
              • Exhibit 143: General Electric Co. - Overview
              • Exhibit 144: General Electric Co. - Business segments
              • Exhibit 145: General Electric Co. - Key news
              • Exhibit 146: General Electric Co. - Key offerings
              • Exhibit 147: General Electric Co. - Segment focus
            • 12.12 Huawei Technologies Co. Ltd.
              • Exhibit 148: Huawei Technologies Co. Ltd. - Overview
              • Exhibit 149: Huawei Technologies Co. Ltd. - Business segments
              • Exhibit 150: Huawei Technologies Co. Ltd. - Key news
              • Exhibit 151: Huawei Technologies Co. Ltd. - Key offerings
              • Exhibit 152: Huawei Technologies Co. Ltd. - Segment focus
            • 12.13 Mitsubishi Electric Corp.
              • Exhibit 153: Mitsubishi Electric Corp. - Overview
              • Exhibit 154: Mitsubishi Electric Corp. - Business segments
              • Exhibit 155: Mitsubishi Electric Corp. - Key news
              • Exhibit 156: Mitsubishi Electric Corp. - Key offerings
              • Exhibit 157: Mitsubishi Electric Corp. - Segment focus
            • 12.14 Schneider Electric SE
              • Exhibit 158: Schneider Electric SE - Overview
              • Exhibit 159: Schneider Electric SE - Business segments
              • Exhibit 160: Schneider Electric SE - Key news
              • Exhibit 161: Schneider Electric SE - Key offerings
              • Exhibit 162: Schneider Electric SE - Segment focus
            • 12.15 Siemens AG
              • Exhibit 163: Siemens AG - Overview
              • Exhibit 164: Siemens AG - Business segments
              • Exhibit 165: Siemens AG - Key news
              • Exhibit 166: Siemens AG - Key offerings
              • Exhibit 167: Siemens AG - Segment focus
            • 12.16 SMA Solar Technology AG
              • Exhibit 168: SMA Solar Technology AG - Overview
              • Exhibit 169: SMA Solar Technology AG - Business segments
              • Exhibit 170: SMA Solar Technology AG - Key offerings
              • Exhibit 171: SMA Solar Technology AG - Segment focus
            • 12.17 Vertiv Holdings Co.
              • Exhibit 172: Vertiv Holdings Co. - Overview
              • Exhibit 173: Vertiv Holdings Co. - Business segments
              • Exhibit 174: Vertiv Holdings Co. - Key news
              • Exhibit 175: Vertiv Holdings Co. - Key offerings
              • Exhibit 176: Vertiv Holdings Co. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 177: Inclusions checklist
                • Exhibit 178: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 179: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 180: Research methodology
                • Exhibit 181: Validation techniques employed for market sizing
                • Exhibit 182: Information sources
              • 13.5 List of abbreviations
                • Exhibit 183: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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