India Solar Inverter Market : Research Analysis & Growth 2018-2024

Bharat Book Bureau Provides the Trending Market Research Report on “India Solar Inverter Market” under Consumer Goods category. The Solar Inverter segment is projected to exhibit highest growth rate over  report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

Power sector in India is witnessing a radical change on account of government’s move towards power generation via renewable energy resources. Increasing electricity consumption and surging awareness towards environment are together helping the country towards utilization of green energy resources, especially solar. Moreover, solar inverter market is exhibiting immense growth over the past few years owing to surging implementation of solar energy projects in the country. Additionally, National Solar Mission, aiming to achieve 100 GW of solar energy by 2022 has further fueled the solar inverter adoption and is anticipated to increase the market in proportion with uprising solar industry in India.

India Solar Inverter Market is projected to grow at a CAGR over 25% during 2018-2024. The market is dominated by utility sector owing to its large scale solar projects deploying large number of solar inverters. Further, commercial segment is anticipated to exhibit highest growth rate during the forecast period. The high growth is attributed to growing solar installations across educational institutes, offices, factories, hospitals, and warehouses. In addition, residential segment is also registering significant growth with focus on sustainable development and to overlay the rising power cost in the country. Government initiatives such as Smart City project, development of solar parks, and solar energy subsidy scheme would further accelerate the adoption of solar installations across residential and commercial segments.

Moreover, among system types, on grid systems dominated the market in 2017 owing to huge adoption across different verticals, whereas, off grid systems are majorly limited to rural electrification applications only.

Request a free sample copy Solar Inverter of Market Report @ https://www.bharatbook.com/MarketReports/Sample/Reports/1100424

The report thoroughly covers India Solar Inverter market by types, system types, end users, power rating, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

  • Historical data of Global Solar Inverter Market Revenues for the Period 2014-2017
  • Market Size & Forecast data of Global Solar Inverter Market Revenues until 2024
  • Historical and Forecast data of India Solar Inverter Market Revenues for the Period 2014-2024
  • Historical data of India Solar Inverter Market Revenues, By Types for the Period 2014-2017
  • Market Size & Forecast data of India Solar Inverter Market Revenues, By Types until 2024
  • Historical data of India Solar Inverter Market Revenues, By System Types for the Period 2014-2017
  • Market Size & Forecast data of India Solar Inverter Market Revenues, By System Types until 2024
  • Historical and Forecast data of India Solar Inverter Market Revenues, By End Users for the Period 2014-2024
  • Historical and Forecast data of India Solar Inverter Market Revenues, By Power Rating for the Period 2014-2024
  • Historical and Forecast data of India Solar Inverter Market Revenues, By Regions for the Period 2014-2024
  • Market Drivers and Restraints
  • Market Trends and Opportunities
  • Industry Life Cycle and Value Chain Analysis
  • Porter’s Five Forces Analysis
  • Players Revenue Share
  • Competitive Benchmarking, and Company Profiles
  • Recommendations

Markets Covered:

The report provides detailed analysis of the following market segments:

  • By Types:
  1. Central Inverter
  2. String Inverter
  3. Micro Inverter
  • By System Types:
  1. Off Grid
  2. On Grid
  • By End Users:
  1. Commercial
  2. Utility
  3. Residential
  • By Power Ratings:
  1. Below 10 kW
  2. 10 kW – 100 kW
  3. 100.1 kW – 1 MW
  4. Above 1 MW
  • By Regions:
  1. Northern
  2. Eastern
  3. Western
  4. Southern

Please continue to read the complete report:
https://www.bharatbook.com/MarketReports/India-Solar-Inverter-Market-2018-2024/1100424

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