The report offers detailed coverage of Power Inverter industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Power Inverter by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
A power inverter, or inverter, is an electronic device or circuitry that changes direct current (DC) to alternating current (AC). This Report is aimed at the portable power inverter market.
The Power Inverter consumption volume was 3129.4 K Units in 2016 and is expected to reach 3347.8 K Units in 2017 and 4681.9 K Units in 2022, growing at a CAGR of 6.94% from 2017 to 2022. North America`s sales volume accounted for the highest market share (33.77%) in 2016, followed by the Europe and China.
At present, the manufactures of Power Inverter are concentrated in North America, Europe, China and Asia(excluding China). China is the largest production area in the world, which occupied about 56% production share in 2016. The global leading players in this market are Bestek, NFA, Cobra, Kisae Technology, Rally, etc
The Power Inverter are mainly used by Car Appliances and Outdoor Application. The dominated application of Power Inverter is Car Appliances.
Despite the presence of competition problems, due to the increasing demand of leading-edge, effective, and convenient products, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep increasing, as well as the consumption value.
The report forecast global Power Inverter market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Power Inverter market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Bestek
NFA
Cobra
Kisae Technology
Rally
Energizer
Duracell
Meind
Stanley
Exeltech
Cotek
Samlex
Power Bright
Go Power
Wagan Tech
Magnum Energy
WEHO
Erayak
At the same time, we classify Power Inverter according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
12V
24V
48V
48V and above
Market by Application
Car Appliances
Outdoor Application
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Power Inverter market for the forecast period 2021 - 2025?
• What are the driving forces in the Power Inverter market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Power Inverter industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?