PHOTOVOLTAIC (PV) INVERTERS - A GLOBAL STRATEGIC BUSINESS REPORT   

Research Abstract

This report analyzes the worldwide markets for Photovoltaic (PV) Inverters in Megawatts. The report provides separate comprehensive analytics for the US, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2010 through 2018. Also, a six-year historic analysis is provided for these markets. The report profiles 242 companies including many key and niche players such as Advanced Energy Industries, Inc., Electronica Santerno SpA, Enphase Energy, Inc., Fronius International GmbH, Ingeteam Corporacion, S.A, KACO New Energy GmbH, Phoenixtec Power Co. Ltd., Power-One, Inc., Satcon Technology Corp., Schneider Electric SA, Siemens AG, SMA Solar Technology AG, and Sputnik Engineering International AG. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based upon search engine sources in the public domain.

Code : MCP-7676
Price : $4600
Companies : 242
Pages : 903
Date : August, 2012
Market Data Tables : 141

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 TABLE OF CONTENTS


 
   Study Reliability and Reporting Limitations.....I-1  
   Disclaimers.....I-2
Data Interpretation & Reporting Level.....I-2
  
   Quantitative Techniques & Analytics.....I-3
Product Definitions and Scope of Study.....I-3
Stand-Alone PV Inverters.....I-3
Grid-Connected/Grid-Tied PV Inverters.....I-3
Battery Backup PV Inverters.....I-3
  
   A Primer.....II-1
Figure 1: Operating Model of PV Power Generation Industry.....II-1
1$100
   Figure 2: Components of PV Systems.....II-2 1$100
   Table 1: Worldwide Photovoltaic (PV) Systems Sales (2011): Percentage Breakdown of Revenues by Industry Segments- PV Modules, Systems Planning, Engineering & Services, Balance of System (BOS) Components & Inverters, and Others (includes corresponding Graph/Chart).....II-3

Table 2: Worldwide PV Inverters Market (2012): Cost Breakdown of PV Inverters by Major Hardware and Processing Segments (includes corresponding Graph/Chart).....II-3
1$350
   Table 3: Worldwide PV Inverters Market (2012): Cost Breakdown of PV Inverter Electronics by Components (includes corresponding Graph/Chart).....II-4
Outlook.....II-4
Impact of Eurodebt Crisis.....II-4
Electronics Components Industry Choked by Eurocrisis and Asian Calamities.....II-4
1$350
   Recovery Anticipated in Near Term.....II-5
Eurocrisis Impels CE Industry Production Towards Central Europe.....II-5
1$100
   Government Commitment for Solar Power Drives PV Inverter Demand.....II-6
PV Inverter Market Powers On Despite Euro Crisis.....II-6
1$100
   Changing Market Dynamics Clips Prices of PV Inverter.....II-7
'Smart' PV Inverters to Climb.....II-7
1$100
   Small 3-Phase String and Megawatt PV Inverters Grab Spotlight.....II-8
Table 4: Global Grid-Tied PV Inverter Shipments (2011 & 2014^): Percentage Breakdown of Shipment Volumes by Product Segments – String, Standard Central, Multi-String, and Turn-Key Inverter Systems (includes corresponding Graph/Chart).....II-8
1$350
   Power Supplies and UPS Vendors Latch onto PV Inverter Success.....II-9
Manufacturers Stressed to Lower PV Inverter Prices.....II-9
Warranties and Service Segment to Outpace Hardware Market.....II-9
1$100
   Affinity for Power Optimizers and Microinverters Grows.....II-101$100
   Photovoltaic Inverters.....II-11
Stand-Alone PV Inverters.....II-11
Grid-Tie PV Inverters.....II-11
Battery Backup PV Inverters.....II-11
Microinverters.....II-11
1$100
   SolarBridge Technologies Partners with Solartec Energia Renovable.....II-12
Sungrow Secures A-Grade from Photon for SG15KTL PV Inverter.....II-12
REgeneration Finance Selects Inverters from Advanced Energy.....II-12
1$100
   Ingeteam Provides Ingecon Sun 500HE TL Inverters.....II-13
Power-One Installs AURORA® Solar Power Inverters.....II-13
SMA Solar Technology Acquires dtw.....II-13
Sungrow Collaborates with CGNPC for Tin Iron Mountain Project.....II-13
1$100
   Sungrow Power Supply Signs Agreement with Guodian Longyuan Electrical.....II-14
Siemens Energy Secures PV Plants Contract from Viridis Energia.....II-14
SunPower Collaborates with SolarBridge Technologies for AC Solar Panels.....II-14
SolarBridge Technologies Receives US$2.3 Million Grant from DOE.....II-14
1$100
   Eaton Phoenixtec to Manufacture UPS Systems.....II-15
Motech’s PV Inverter Shipments to Increase.....II-15
Maui Solar Selects Commercial Inverter Range of Advanced Energy.....II-15
Power-One Commences Shipments of Inverter Products.....II-15
1$100
   Power-One Secures CSA-UL1741 Approval for AURORA®.....II-16
Satcon Technology Secures Contract for Tauberlandpark Solar PV Project.....II-16
AEG Power to Launch First Manufacturing Unit.....II-16
SolarEdge Unveils New Production Line for US Market.....II-16
1$100
   ABB Establishes New String PV Inverter Production Line.....II-17
Siemens’ Burlington Plant Commences Production of SINVERT PV Inverters.....II-17
Zachry Industrial Selects Advanced Energy’s Solaron® Inverters and SafeGuard®.....II-17
1$100
   SolarEdge Technologies Expands Collaboration with Flextronics.....II-18
Direct Grid to Integrate Echelon’s Energy Control Networking into
  Microinverters.....II-18
Solectria Renewables to Execute DOE’s Smart-Grid PV Inverters Program.....II-18
1$100
   SMA Solar Technology Establishes Subsidiary in India.....II-19
Su-Kam Signs Agreement for Distribution with Toshiba Mitsubishi Electric.....II-19
1$100
   AEG Power Solutions to Set Up Key Solar Projects in India.....II-20
Sunvalley Solar and Ken Vong Farms Ink Contract.....II-20
SMA Technology Commissions Solar Inverter Center.....II-20
Siemens Industry Refurbishes Manufacturing Plant in West Chicago.....II-20
1$100
   Skytron Energy Receives Equipment Contract for 45MW PV Plant.....II-21
Siemens Industry Inks Contract with Interconnect Solar Development.....II-21
KACO New Energy Partners with Sanmina-SCI for US Manufacturing Services.....II-21
1$100
   KACO New Energy Establishes Solar Inverter Production Plant.....II-22
Satcon Equinox Prism Platform Obtains Efficiency Certification.....II-22
Solar Cells Hellas Selects Satcon Technology for Inverter Solutions.....II-22
1$100
   Delta Energy Systems Acquires SOLON Inverters.....II-23
Advanced Energy Acquires PV Powered.....II-23
Advanced Energy to Expand Operations.....II-23
1$100
   Recurrent Energy Selects Advanced Energy Solaron® PV Inverters.....II-24
KACO New Energy to Establish Solar Inverter Facilities in North America.....II-24
OZZ Solar Chooses Satcon Technology to Supply Solar Inverters.....II-24
GCL Solar Selects Satcon Technology to Supply Solar Inverters.....II-24
1$100
   Siemens Energy Bags PV Plant Construction Contract from D.P.E.S......II-25
Siemens Energy Receives Contract from Ital Green Energy.....II-25
Celestica Signs Manufacturing Agreement with SolarBridge Technologies.....II-25
Sungrow Secures Supply Contract from Third Design Institution.....II-25
1$100
   Power-One Establishes Power-One Phoenix Facility.....II-26
Satcon Enters into Strategic Manufacturing Alliance with GCL Solar.....II-26
Sustainable Energy to Supply SUNERGY Inverters to 244 Ontario Mico-FIT
  Projects.....II-26
1$100
   Advanced Energy Establishes First Grid Connection in Europe.....II-27
Sustainable Energy and Bosch Solar Energy Enters into a Partnership Deal.....II-27
Mitsubishi Electric Installs 191kW PV System at Nabeya-ueno Waterworks.....II-27
1$100
   Satcon Chosen by SCE for Solar Photovoltaic Program.....II-28
Satcon to Deliver 18MW PowerGate Plus Inverters to OZZ Solar.....II-28
Satcon to Supply PowerGate Plus Solar PV Inverters to ENERGY 21.....II-28
1$100
   Advanced Energy’s Solaron PV Inverters Selected by Recurrent Energy.....II-29
Sunvalley Solar Signs a Distribution Partnership Deal with CED GreenTech.....II-29
EasyPower Selects Satcon for Solar PV Inverters.....II-29
1$100
   Obsidian Selects PowerVault Medium Voltage Inverter Platform of PV Powered.....II-30
SMA Solar Technology Acquires Module Inverter Technology.....II-30
1$100
   Mitsubishi Electric to Introduce Photovoltaic Inverters in North America.....II-311$100
   Satcon Technology Unveils Equinox LCTM Inverters.....II-32
Power-One to Unveil New Micro Inverters.....II-32
Satcon Rolls Out Equinox 625 kW Inverter.....II-32
1$100
   SolarBridge Technologies Launches PantheonTM.....II-33
Advanced Energy Industries to Introduce Solaron® 500E HE Inverter.....II-33
Power-One Launches AURORA ULTRA-1400 Central Inverter.....II-33
Power-One Rolls Out AURORA MICRO-0.3 Inverter and OPTI-0.3 Power Optimizer.....II-33
1$100
   Power-One Introduces Redesigned Version of AURORA UNO-2.0 Inverter.....II-34
Power-One Launches AURORA TRIO 20.0-TL and 27.6-TL Inverters.....II-34
Advanced Energy Unveils PV Powered HE String Inverters.....II-34
1$100
   SolarBridge Technologies Introduces Microinverters.....II-35
Power-One Rolls Out Solar PV Inverters.....II-35
AEG Power Solutions Unveils PV.500 Solar Inverter in the US.....II-35
1$100
   Sustainable Energy Launches PARALEX 5000C60 and 5000A60.....II-36
Sustainable Energy Unveils 240 Volt Inverter.....II-36
SolarBridge Introduces AC Module System for Microinverter.....II-36
1$100
   Eltek Valere Launches Theia HE-t Series Inverter.....II-37
Enfinity Unveils 7 Electricity Inverters and 3 BIPV Systems.....II-37
1$100
   Enecsys Launches a New 480W Microinverter.....II-38
Power-One to Unveil New Products of the AURORA® Range.....II-38
KACO New Energy Launches New Solar PV Inverters in the XP Series.....II-38
1$100
   Power-One Unveils a DC/DC Power Optimizer and a 300W Microinverter.....II-39
Motech Unveils PVMate 15E~20E.....II-39
1$100
   AROS Unveils SIRIO 10000P.....II-40
AE Unveils Stainless Steel PV Inverters.....II-40
1$100
   Enecsys Unveils SMI-D480W-60.....II-41
Delta Launches Central Inverter SOLIVIA CL 200 for Large-Scale PV Plants.....II-41
Motech Launches Wew PV Inverter.....II-41
1$100
   KACO New Energy Unveils blueplanet XP10U-H410kW Inverter.....II-42
AETI Introduces New Models in ISIS 1000 Line.....II-42
KACO Launches New Powador Central Inverters.....II-42
Satcon Introduces Equinox™ Power Converter.....II-42
1$100
   SMA Solar Technology Launches Sunny Boy 3000HF.....II-43
Power-One Introduces Dedicated Central Inverter.....II-43
KACO to Unveil New Three Phase Inverter Models.....II-43
1$100
   Mitsubishi Electric Develops High Output PV Inverter Technology.....II-44
Carlo Gavazzi Introduces Single and Three-Phase PV Inverters.....II-44
Enecsys Introduces PV Micro-Inverter for North America and Europe.....II-44
1$100
   Satcon Technology Introduces Satcon Equinox.....II-45
Sputnik Launches Series of Central Solar Powered Inverter Series.....II-45
1$100
   SMA Introduces New HE Inverters.....II-46
Power-One Introduces PVI-250 and PVI-300 Inverters.....II-46
PV Powered Unveils New Solar PV Inverters.....II-46
1$100
   Advanced Energy and PV Powered Jointly Launch PV Inverters.....II-47
Enecsys Releases Solar PV Micro-Inverters in North America and Europe.....II-47
1$100
   Fronius Launches CL PV Central Inverter.....II-48
Advanced Energy® Launches Solaron® 250.....II-48
ABB to Launch Solar Inverter PVS800.....II-48
Siemens Launches Sinvert PVS35OT UL.....II-48
1$100
   Xantrex Introduces Xantrex GT500E and Xantrex GT250E.....II-491$100
   Advanced Energy Industries, Inc. (USA).....II-50
Electronica Santerno SpA (Italy).....II-50
Enphase Energy, Inc. (USA).....II-50
1$100
   Fronius International GmbH (Austria).....II-51
Ingeteam Corporacion, S.A (Spain).....II-51
KACO New Energy GmbH (Germany).....II-51
Phoenixtec Power Co. Ltd (Taiwan).....II-51
1$100
   Power-One, Inc. (USA).....II-52
Satcon Technology Corp. (USA).....II-52
Schneider Electric SA (France).....II-52
1$100
   Siemens AG (Germany).....II-53
SMA Solar Technology AG (Germany).....II-53
Sputnik Engineering International AG (Switzerland).....II-53
1$100
   Table 5: World Recent Past, Current & Future Analysis for PV Inverters by Geographic Region – US, Japan, Europe, Asia-Pacific, and Rest of World Markets Independently Analyzed with Annual Shipment Capacities in Megawatts for Years 2010 through 2018 (includes corresponding Graph/Chart).....II-541$350
   Table 6: World Historic Review for PV Inverters by Geographic Region – US, Japan, Europe, Asia-Pacific, and Rest of World Markets Independently Analyzed with Shipment Capacities in Megawatts for Years 2004 through 2009 (includes corresponding Graph/Chart).....II-551$350
   Table 7: World 15-Year Perspective for PV Inverters– Percentage Breakdown of Shipment Capacities by Geographic Region – US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World for Years 2004, 2011 & 2018 (includes corresponding Graph/Chart).....II-561$350
   A. Market Analysis.....III-1
Outlook.....III-1
US PV Inverter Industry – A Snapshot.....III-1
Table 8: US PV Inverter Market (2011): Percentage Breakdown of Revenues by Players- Foreign and Domestic (includes corresponding Graph/Chart).....III-1
1$200
   Table 9: US PV Inverter Market (2011): Percentage Breakdown of Revenues of Domestic Players by End-use Segments - Residential, Commercial and Utility (includes corresponding Graph/Chart).....III-2
Strategic Corporate Developments.....III-2
7$1400
   Product Introductions.....III-910$750
   Key Players.....III-192$150
   B. Market Analytics.....III-21
Table 10: The US Recent Past, Current & Future Analysis for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2010 through 2018 (includes corresponding Graph/Chart).....III-21
1$200
   Table 11: The US Historic Review for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2004 through 2009 (includes corresponding Graph/Chart).....III-221$200
   A. Market Analysis.....III-23
Outlook.....III-23
Major Trend.....III-23
Tsunami Leaves IGBT Output Virtually Untouched.....III-23
Strategic Corporate Developments.....III-23
2$150
   Product Introductions.....III-251$75
   B. Market Analytics.....III-26
Table 12: Japanese Recent Past, Current & Future Analysis for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2010 through 2018 (includes corresponding Graph/Chart).....III-26
1$200
   Table 13: Japanese Historic Review for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2004 through 2009 (includes corresponding Graph/Chart).....III-271$200
   A. Market Analysis.....III-28
Outlook.....III-28
Major Trends.....III-28
European Manufacturers Capitalize on Strong Domestic Demand.....III-28
Supply Disruptions Rock European PV Inverter Industry.....III-28
2$150
   B. Market Analytics.....III-30
Table 14: European Recent Past, Current & Future Analysis for PV Inverters by Geographic Region – France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Shipment Capacities in Megawatts for Years 2010 through 2018 (includes corresponding Graph/Chart).....III-30
1$200
   Table 15: European Historic Review for PV Inverters by Geographic Region – France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Shipment Capacities in Megawatts for Years 2004 through 2009 (includes corresponding Graph/Chart).....III-311$200
   Table 16: European 15-Year Perspective for PV Inverters– Percentage Breakdown of Shipment Capacities by Geographic Region – France, Germany, Italy, UK, Spain, Russia and Rest of Europe for Years 2004, 2011 & 2018 (includes corresponding Graph/Chart).....III-321$200
   A. Market Analysis.....III-33
Outlook.....III-33
Key Player.....III-33
1$75
   B. Market Analytics.....III-34
Table 17: French Recent Past, Current & Future Analysis for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2010 through 2018 (includes corresponding Graph/Chart).....III-34
1$200
   Table 18: French Historic Review for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2004 through 2009 (includes corresponding Graph/Chart).....III-351$200
   A. Market Analysis.....III-36
Outlook.....III-36
Table 19: German Inverter Production (2010 & 2020): Percentage Breakdown of Production Volume by End-use Market - Domestic and Foreign (includes corresponding Graph/Chart).....III-36
Strategic Corporate Developments.....III-36
2$400
   Product Introductions.....III-382$150
   Key Players.....III-402$150
   B. Market Analytics.....III-42
Table 20: German Recent Past, Current & Future Analysis for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2010 through 2018 (includes corresponding Graph/Chart).....III-42
1$200
   Table 21: German Historic Review for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2004 through 2009 (includes corresponding Graph/Chart).....III-431$200
   A. Market Analysis.....III-44
Outlook.....III-44
Strategic Corporate Developments.....III-44
1$75
   Product Introductions.....III-45
Key Player.....III-45
1$75
   B. Market Analytics.....III-46
Table 22: Italian Recent Past, Current & Future Analysis for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2010 through 2018 (includes corresponding Graph/Chart).....III-46
1$200
   Table 23: Italian Historic Review for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2004 through 2009 (includes corresponding Graph/Chart).....III-471$200
   A. Market Analysis.....III-48
Outlook.....III-48
Product Introductions.....III-48
1$75
   B. Market Analytics.....III-49
Table 24: The UK Recent Past, Current & Future Analysis for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2010 through 2018 (includes corresponding Graph/Chart).....III-49
1$200
   Table 25: The UK Historic Review for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2004 through 2009 (includes corresponding Graph/Chart).....III-501$200
   A. Market Analysis.....III-51
Outlook.....III-51
Market Trend.....III-51
Spanish FIT Rollback Creates Bubble in Europe.....III-51
Strategic Corporate Development.....III-51
1$75
   Key Player.....III-52
B. Market Analytics.....III-52
Table 26: Spanish Recent Past, Current & Future Analysis for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2010 through 2018 (includes corresponding Graph/Chart).....III-52
1$200
   Table 27: Spanish Historic Review for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2004 through 2009 (includes corresponding Graph/Chart).....III-531$200
   A. Market Analysis.....III-54
Outlook.....III-54
Strategic Corporate Development.....III-54
2$150
   Product Introductions.....III-561$75
   Key Players.....III-571$75
   B. Market Analytics.....III-58
Table 28: Rest of European Recent Past, Current & Future Analysis for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2010 through 2018 (includes corresponding Graph/Chart).....III-58
1$200
   Table 29: Rest of European Historic Review for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2004 through 2009 (includes corresponding Graph/Chart).....III-591$200
   A. Market Analysis.....III-60
Outlook.....III-60
Market Trends.....III-60
Chinese Government Rescues Domestic PV Industry.....III-60
Chinese Government Support Bolsters PV Inverter Production.....III-60
Taiwan to Emerge as Major Contract Manufacturing Hub.....III-60
1$75
   Strategic Corporate Developments.....III-616$450
   Product Introductions.....III-67
Key Players.....III-67
1$75
   B. Market Analytics.....III-68
Table 30: Asia-Pacific Recent Past, Current & Future Analysis for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2010 through 2018 (includes corresponding Graph/Chart).....III-68
1$200
   Table 31: Asia-Pacific Historic Review for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2004 through 2009 (includes corresponding Graph/Chart).....III-691$200
   A. Market Analysis.....III-70
Outlook.....III-70
Strategic Corporate Developments.....III-70
4$300
   Product Introductions.....III-741$75
   B. Market Analytics.....III-75
Table 32: Rest of World Recent Past, Current & Future Analysis for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2010 through 2018 (includes corresponding Graph/Chart).....III-75
1$200
   Table 33: Rest of World Historic Review for PV Inverters Market Independently Analyzed with Shipment Capacities in Megawatts for Years 2004 through 2009 (includes corresponding Graph/Chart).....III-761$200
  
Total Companies Profiled: 242 (including Divisions/Subsidiaries - 252)

Region/Country Players

The United States 34 Canada 4 Japan 7 Europe 66 France 1 Germany 23 The United Kingdom 1 Italy 17 Spain 9 Rest of Europe 15 Asia-Pacific (Excluding Japan) 138 Latin America 2 Africa 1
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