Indian Solar Inverter Market Report 2021 with Focus on Transformative Megatrends - Future Growth Potential Enhanced by Rooftop Inverter Opportunities - ResearchAndMarkets.com - Business Wire
Solar Inverters

Indian Solar Inverter Market Report 2021 with Concentrate on Transformative Megatrends – Future Progress Potential Enhanced by Rooftop Inverter Alternatives – ResearchAndMarkets.com – Enterprise Wire

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DUBLIN – (BUSINESS WIRE) – The report “Transformative Megatrends in the Indian Solar Inverter Market” has been added ResearchAndMarkets.com to offer.

This report examines the various market drivers and the challenges suppliers are facing. In addition to the currently installed capacity of various federal states, hotspots in the state with high solar potential are also mapped.

The competitive environment, the market share of the top competitors, the sales forecast and price development are also discussed. The market segmentation is based on inverter type and capacity, and the market revenue of each segment has been discussed for the forecast period 2021-2025.

Growth opportunities that market participants can capitalize on are analyzed along with the key end-user industries of the market. The effects of the COVID-19 pandemic have been incorporated into the analyzes and an achievable annual increase in capacity has been forecast in the report.

The market opportunity size is based on the government’s cost benchmark and the publisher estimates that the Indian solar inverter market has a CAGR of 3.9%. In terms of sales, the C&I segment is expected to record the highest CAGR at 7.0%.

India has signed the Paris Agreement on Climate Change, which stipulates that at least 40% of its energy must come from renewable sources by 2030. By 2022 India is aiming for 175 GW from renewable sources, of which 100 GW from solar energy with rooftop solar with a contribution of around 40 GW.

The Ministry of Renewable Energy has launched a number of programs to achieve this goal and has put in place policies such as RPOs that require a certain percentage of the electricity distributed to come from renewable sources. The political environment is briefly discussed in this study alongside the various programs available to market participants.

The falling device costs and the total electricity generation costs (LCOE) have pushed the introduction of renewable energies further and created the demand for inverters. To encourage local production, the government has taken various initiatives, such as increasing tariffs on imported inverters.

Main Issues Covered

  • The solar inverter market is growing; how long will it continue to grow and how fast?

  • What are the key drivers and barriers for the solar inverter market? What are the competitive factors in this market?

  • How are major regulations affecting the renewable energy market in different regions?

  • What are the most important growth regions for solar inverters?

  • Who are the main market participants and what is the competitive environment like?

  • How will sales for the individual market segments likely change over the next 5 years?

Key topics covered:

1. Strategic imperatives

  • Why is it always harder to grow?

  • The strategic imperative

  • The Impact of the Three Most Important Strategic Imperatives on the Solar Inverter Industry

  • Growth opportunities drive the growth pipeline engine

2. Growth Opportunity Analysis, Indian Solar Inverter Market

  • Scope of analysis of the Indian solar inverter market

  • Solar inverter market segmentation in India

  • Overview of the renewable energy sector (RE)

  • Main challenges for investors in the renewable energy sector

  • Effects of COVID-19 on the Solar Inverter Market

  • Important political initiatives

  • Other MNRE support / incentive programs

  • Regional hotspots

  • Main competitors

  • Important growth figures for the Indian solar inverter market

  • Top 10 states with solar systems

  • Sector cumulative RE Achievements, 2019

  • Planned total expansion of solar energy capacities by 2025

  • Total planned cumulative solar energy systems by 2025

  • Capacity expansion by inverter type, Indian solar inverter market

  • Indian solar inverter market

  • Sales channels for the Indian market for solar inverters

  • Growth driver for the Indian solar inverter market

  • Growth driver analysis for the Indian solar inverter market

  • Growth barriers for the Indian solar inverter market

  • Analysis of the growth restraint for the Indian solar inverter market

  • Important market trends

  • Pushing Towards Local Manufacturing

  • Forecast assumptions

  • Sales and capacity expansion forecast, Indian market for solar inverters

  • Revenue Forecast by Inverter Capacity, Indian Solar Inverter Market

  • Sales Forecast by Vertical Inverter End-User, Indian Solar Inverter Market

  • Sales and capacity expansion forecast, Indian market for solar inverters

  • Revenue Forecast by Inverter Capacity, Indian Solar Inverter Market

  • Sales Forecast by Vertical Inverter End-User, Indian Solar Inverter Market

  • Analysis of Sales Forecast, Indian Solar Inverter Market

  • Sales forecast analysis by industry

  • Price Trends and Forecast Analysis, Indian Solar Inverter Market

  • Competitive environment

  • Sales share, Indian market for solar inverters

  • Share of sales by inverter type, Indian solar inverter market

  • Analysis of sales shares, Indian solar inverter market

3. Growth opportunity analysis, residential segment

  • Important growth indicators for the residential segment

  • Sales and additional capacity forecast, residential segment

  • Forecast analysis for sales and capacity expansions, residential segment

4. Analysis of growth opportunities, commercial and industrial segment

  • Important growth indicators for the C&I segment

  • Sales and capacity expansion forecast, segment C&I

  • Forecast analysis for sales and capacity expansions, segment C&I

5. Growth opportunity analysis, Utilities segment

  • Important growth indicators for the supply segment

  • Sales and capacity expansion forecast, Utilities segment

  • Forecast analysis for sales and capacity expansions, Utilities segment

6. Growth opportunity universe, Indian solar inverter market

  • Growth Opportunity 1 – Explore CHB Based PV Inverters With ESS Systems For Grid Stability, 2021

  • Growth Opportunity 2 – Explore Silicon Carbide / Gallium Nitride Converters for Improved Conversion Efficiency, 2021

  • Growth Opportunity 3 – Integrate AI / Smart Technology for Better Energy Yield and Safety, 2021

Please visit https://www.researchandmarkets.com/r/xmkhns for more information on this report

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