A solar inverter, or converter or PV inverter, converts the variable direct current (DC) output of a photovoltaic (PV) solar panel into a utility frequency alternating current (AC) that can be fed into a commercial electrical grid or used by a local, off-grid electrical network. It is a critical balance of system (BOS)-component in a photovoltaic system, allowing the use of ordinary AC-powered equipment. Solar power inverters have special functions adapted for use with photovoltaic arrays, including maximum power point tracking and anti-islanding protection.

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This report provides detailed analysis of worldwide markets for PV Inverter from 2011-2015 and provides extensive market forecasts 2016-2021 by region/country and subsectors. It covers the key technological and market trends in the PV Inverter market and further lays out an analysis of the factors influencing the supply/demand for PV Inverter, and the opportunities/challenges faced by industry participants. It also acts as an essential tool to companies active across the value chain and to the new entrants by enabling them to capitalize the opportunities and develop business strategies.

GCC's report, Global PV Inverter Market Outlook 2016-2021, has been prepared based on the synthesis, analysis, and interpretation of information about the global PV Inverter market collected from specialized sources. The report covers key technological developments in the recent times and profiles leading players in the market and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. The major players in the global PV Inverter market are SMA Solar Technology (Germany), Power One (USA), KACO (Germany), Fronius (Austria), ABB (Switzerland), Schneider Electric (France), SolarEdge (Israel), Omron (Japan), Tabuchi (Japan), Enphase (USA), TMEIC (Japan), Power Electronics (Taiwan), Sungrow (China), Clenergy (China), Huawei (China), Sineng (China), TBEA (China), among others.

The report provides separate comprehensive analytics for the North America, Europe, Asia-Pacific, Middle East and Africa and Rest of World. In this sector, global competitive landscape and supply/demand pattern of PV Inverter industry has been provided.