Global solar inverter market shares by shipments in 2018
As the photovoltaic (PV) industry continues to evolve, advancements in Global solar inverter market shares by shipments in 2018 have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
6 FAQs about [Global solar inverter market shares by shipments in 2018]
Why is the PV inverter market growing so fast?
This article was published by S&P Global Commodity Insights and not by S&P Global Ratings, which is a separately managed division of S&P Global. The PV inverter market achieved record shipments, growing by 19% to 126 GW in 2019 driven by booming shipments in key markets such as United States, Spain, Latin America, Ukraine and Vietnam.
What is the solar PV inverter service?
The Solar PV Inverter Service from S&P Global provides comprehensive research on the global PV inverter market, delivering detailed and accurate data and insights into the market for traditional inverters, as well as microinverters and power optimizers in one single subscription package.
What is the growth rate for PV inverter shipments?
“The U.S. and Canada had 21% growth in PV inverter shipments, [there was] approximately 40% [growth] in both Latin America and the Middle [Eastern-African] and Turkey (MEA) [markets], and 50% [growth] in Europe,” the report noted.
What is the largest inverter market in the world?
Asia-Pacific was again the largest inverter market last year, accounting for 64% of global shipments. Sungrow and SMA were, respectively, the second and third largest providers. Chinese powerhouse Huawei is still top dog when it comes to inverter shipments.
What is solar PV inverter coverage?
Solar PV inverter coverage from S&P Global (included in the Global Clean Energy Technology service) provides comprehensive research on the global PV inverter market, delivering detailed and accurate data and insights into the market for traditional inverters, as well as microinverters and power optimizers. Key coverage: Key Benefits:
What is PV inverter market Tracker?
PV Inverter Market Tracker - Quarterly updates providing detailed tracking and forecasting of PV inverter shipments, revenues and pricing, including annual and quarterly data, with segmentation by power rating, voltage, type and isolation. Trackers also includes over 60 detailed supplier market share tables by world, region and country