(MENAFN- Ameliorate Digital Consultancy)
The latest study released on the Global battery storage inverter market by Market Intelligence Data evaluates market size, trend, and forecast to 2029. The Battery Storage Inverter market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors. The report is assembled to comprise qualitative and quantitative elements of Battery Storage Inverter industry including market share that admires each country concerned in the competitive marketplace.
In addition, it provides a comprehensive analysis of aspects involved in market development before and after the Covid-19 pandemic. Report also conducted a PESTEL analysis in the industry to study key influencers and barriers to entry.
According to industry estimates the Battery Storage Inverter market growth is projected to expand between 11.5% CAGR during the 2023 to 2029 assessment period.
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Key Players in This Report Include:
Dynapower, SMA, KACO, Parker, ABB, GOODWE, Eaton, SUNGROW, CLOU, TRIED, Zhicheng Champion
Industry News:
Dynapower has acquired 1 company of its own. Dynapower has acquired in 1 US state. The Company's most targeted sectors include electrical equipment (100%).
Parker has made 13 acquisitions and 3 investments. The company has spent over $ 16.76B for the acquisitions. Parker has invested in multiple sectors such as Sensors, Aerospace Tech, Hospital Equipment and more.
Eaton has acquired 59 companies, including 9 in the last 5 years. A total of 9 acquisitions came from private equity firms. It has also divested 11 assets. Eaton's largest acquisition to date was in 2012, when it acquired Cooper Industries for $11.8B. It's largest disclosed sale occurred in 2020, when it sold Eaton – Hydraulics Business to Danfoss A/S for $3.3B. Eaton has acquired in 15 different US states, and 18 countries. The Company's most targeted sectors include electrical equipment (43%) and machinery (29%).
The report endeavors to offer a 360-degree analysis of the global Battery Storage Inverter Market on the back of an insightful study of the prevailing demand and supply trends, important fiscal statistics of major players sustaining in the market, and the influence of latest economic advancements on the market . Developments in each geographical region is charted using authentic historical data with a view to help gauge the future trajectory of the market across the globe. SWOT analysis is conducted to identify the strengths, weaknesses, opportunities, and threats that these companies forecast to witness during the forecast period.
The Global Battery Storage Inverter Market segments and Market Data Break Down are illuminated below:
Battery Storage Inverter Market Segments by Type:
Single-Phase Electric Power
Three-Phase Electric Power
Battery Storage Inverter Market Segments by Application:
Utility Scale
Commercial
Residential
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Regional Insights:
Asia-Pacific is expected to hold the largest share of the global battery storage inverter market and is expected to be the fastest-growing region during the forecast period. The region is gradually becoming a hub for the battery storage inverter manufacturers as the demand for battery storage inverters from China, India, and Japan is gradually increasing. The electricity demand in China is on the rise due to the rapid population growth in the country. To fulfill the increasing demand from this population, the state-owned State Grid Corporation of China, the world's largest utility, has deployed battery storage inverters to provide ancillary services throughout its grid, which drives the global battery storage inverter market during the forecast period.
he battery storage inverter market in North America is dominated by the US, owing to the increasing need for battery storage inverter market to support electrical grids, especially under highly stressed conditions and to avoid power blackouts in the country. For instance, in 2015, 221 MW of storage capacity was installed in the US. Such developments are expected to drive the battery storage inverter market in the US during the forecast period.
Having our reviews and subscribing to our report will help you solve the subsequent issues:
– Uncertainty about the market future: Our research and insights help our customers predict the upcoming revenue pockets and growth areas.
– Understanding market sentiments: It is very important to have a fair understanding of market sentiment for your strategy. Our insights will help you see every single eye on Battery Storage Inverter market sentiment. We maintain this analysis by working with key opinion leaders on the value chain of each industry we track.
– Understanding the most reliable investment center: Our research evaluates investment centers in the market, taking into account future demand, profits, and returns . Clients can focus on the most prestigious investment centers through Battery Storage Inverter market research.
– Evaluating potential business partners: Our research and insights help our clients in identifying compatible business partners.
Objectives of the Report:
-To carefully analyze and forecast the size of the Battery Storage Inverter market by value and volume.
-To estimate the market shares of major segments of the Battery Storage Inverter
-To showcase the development of the Battery Storage Inverter market in different parts of the world.
-To analyze and study micro-markets in terms of their contributions to the Battery Storage Inverter market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the Battery Storage Inverter
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Battery Storage Inverter market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Table of content:
Chapter 1: Battery Storage Inverter Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Market Competition by key players
Chapter 4: Global Production, Revenue (Value) by region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Battery Storage Inverter Market Forecast
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We offer customization on report based on customer's specific requirement:
country-level analysis for the 5 countries of your choice. competitive analysis of 5 key market players. 40 analyst hours to cover any other data point.
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