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Global Power Inverter Market Growth 2019-2024
SKU ID : LPI-13842180 | Publishing Date : 07-Feb-2019 | No. of pages : 161
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.
According to this study, over the next five years the Power Inverter market will register a 4.9% CAGR in terms of revenue, the global market size will reach US$ 230 million by 2024, from US$ 170 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Power Inverter business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Power Inverter market by product type, application, key manufacturers and key regions and countries.
This study considers the Power Inverter value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
12V
24V
48V
48V and above
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Car Appliances
Outdoor Application
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
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: Breakdown data in in Chapter 3.
Bestek
NFA
Cobra
Kisae Technology
Rally
Energizer
Duracell
Meind
Stanley
Exeltech
Cotek
Samlex
Power Bright
Go Power
Wagan Tech
Magnum Energy
WEHO
Erayak
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Power Inverter consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Power Inverter market by identifying its various subsegments.
Focuses on the key global Power Inverter manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Power Inverter with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Power Inverter submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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.
According to this study, over the next five years the Power Inverter market will register a 4.9% CAGR in terms of revenue, the global market size will reach US$ 230 million by 2024, from US$ 170 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Power Inverter business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Power Inverter market by product type, application, key manufacturers and key regions and countries.
This study considers the Power Inverter value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
12V
24V
48V
48V and above
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Car Appliances
Outdoor Application
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
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: Breakdown data in in Chapter 3.
Bestek
NFA
Cobra
Kisae Technology
Rally
Energizer
Duracell
Meind
Stanley
Exeltech
Cotek
Samlex
Power Bright
Go Power
Wagan Tech
Magnum Energy
WEHO
Erayak
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Power Inverter consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Power Inverter market by identifying its various subsegments.
Focuses on the key global Power Inverter manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Power Inverter with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Power Inverter submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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