TechNavio's analysts forecast the Global Photovoltaic (PV) Inverter market 2011-2015 to grow at a CAGR of 8 percent over the period 2011-2011. One of the key factors contributing to this market growth is the integration of energy storage devices with PV inverters. The Global PV Inverter market has also been witnessing increasing number of new entrants. However, the decline of PV inverter prices could pose a challenge to the growth of this market.
TechNavio's report, the Global Photovoltaic Inverter Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global PV Inverter market 2011-2015 landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include SMA Solar Technology AG, Power-One S.p.A, KACO New Energy GmbH, and REFUsol GmbH.