The battery inverters enable the integration of storage systems into stand-alone systems as well as into transmission and distribution grids. For a self-sufficient power supply, an optimum integration of renewable energies and the stabilizing of utility grids.
The Major growth factor for inverter battery market has been attributed to the demand and supply gap between electric energy around the globe and the increasing number of consumers purchasing power. The rising number of solar PV installations is also a key factor impacting the inverter battery market. Market of inverter is growing due to change in lifestyle of people leaving in rural and urban areas, Tolerance for Long cuts among consumer is decreasing. The market is spread across the Americas, the APAC, and the EMEA region, with APAC leading the market with over 50% of the overall market revenue as of 2014. The APAC region is estimated to continue maintaining its leading position, followed by EMEA and the Americas through 2019.
Over the next five years, Publisher projects that Battery for Inverters will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Battery for Inverters market by product type, application, key manufacturers and key regions.
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To calculate the market size, Publisher considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Renewable Inverter Battery
Non-Renewable Inverter Battery
Segmentation by application:
Electronic Products
Electric Cars
Household Appliances
Others
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
SMA Solar Technology
Xantrex Technology
Okaya
Exide
Duracell PowerMat
Schneider Electric
TATA AutoComp GY Batteries
Mahindra Powerol
Southern Batteries
Enersys
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Some Points From Table of Content:
1 Scope of the Report
2 Executive Summary
3 Global Battery for Inverters by Players
4 Battery for Inverters by Regions
5 Americas
6 APAC
7 Europe
Continued…
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