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Global Inverter Market 2017-2021 excerpt from NEW YORK, Feb. 15, 2017 /PRNewswire/ -

About Inverter
An inverter system is a device that converts direct current (DC) into alternate current (AC). From this process, alternating current is produced and this form of electricity can be used to power appliances and electrical machines.

Technavio's analysts forecast the global inverter market to grow at a CAGR of 6% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global inverter market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sale of inverters in different end-user industries.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Inverter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendorsoperating in this market.

Key vendors
- ABB
- Bonfiglioli
- GE
- Schneider Electric
- SMA Solar Technology
Other prominent vendors
- Mitsubishi Electric
- Danfoss
- Delta Electronics
- Eaton
- Vertiv
- Enphase Energy
- Fronius International
- Advanced Energy Industries
- Sungrow
- Siemens
- ALSTOM
- KACO new energy
- Power One Micro Systems
- OMRON
- TABUCHI ELECTRIC
- Huawei Technologies
Market driver
- Increasing solar energy installation
- For a full, detailed list, view our report

Market challenge
- Weak global economic outlook
- For a full, detailed list, view our report

Market trend
- Increase in demand for clean power
- For a full, detailed list, view our report

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