• Phone: +1-631-791-1145
  • Email: sales@imarcgroup.com

*As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

North America Power Inverter Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

The North America power inverter market reached a value of US$ 12.2 Billion in 2019. Power inverter, commonly known as inverter, is an electric device that converts direct current (DC) into alternating current (AC) while changing respective voltages. They provide an uninterrupted power supply and act as an alternate backup power solution in case of emergencies and are generally connected to batteries, solar panels, high-voltage transmission lines in order to efficiently convert and store the alternating current to direct current. In comparison to an electric generator, inverter is noise-free, eco-friendly, easy to install and operate, cost-effective, and convenient. Owing to this, it is employed for rail traction, wind turbines, motor drives, etc.

North America Power Inverter Market

North America represents one of the largest markets for power inverters accounting to several initiatives for energy conservation by switching to sustainable energy sources. In addition to this, various regulatory measures, in order to reduce the carbon footprints have boosted the sales of power inverters in the region. Increasing infrastructural advancements across the region will continue to spur the demand in the upcoming years. Looking forward, IMARC Group expects the market to reach a value of US$ 17.5 Billion by 2025, registering a CAGR of 6.3% during 2020-2025.


Report Scope:

  • North America Power inverter Market
     
  • Key Regions Analysed
    • United States
    • Canada
    • Mexico
       
  • Analysis for Each Country
     
  • Market by Type
    • <5KW
    • 5KW to 95KW
    • 100KW to 495KW
    • Above 500KW
       
  • Market by Application
    • Motor Drives
    • UPS
    • Rail Traction
    • Wind Turbines
    • EVs/HEVs
    • Solar PVs
    • Others
       
  • Market by End-Use Sector
    • Utility
    • Residential
    • Commercial and Industrial
       
  • Value Chain Analysis
  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • PESTEL Analysis
  • Government Regulations
  • Competitive Landscape
    • Competitive Structure
    • Key Player Profiles


Key Questions Answered in This Report:

  • How has the North America power inverter market performed so far and how will it perform in the coming years?
  • What are the key regions in the North America power inverter market?
  • What is the breakup of the North America power inverter market on the basis of type?
  • What is the breakup of the North America power inverter market on the basis of application?
  • What is the breakup of the North America power inverter market on the basis of end-use sector?
  • What are the various stages in the value chain of the North America power inverter industry?
  • What are the key driving factors and challenges in the North America power inverter industry?
  • What is the structure of the North America power inverter industry and who are the key players?
  • What is the degree of competition in the North America power inverter industry?
  • What are the profit margins in the North America power inverter industry?


Report Coverage:

  • Base Year Considered: 2019
  • Historical Data Coverage: 2014-2019
  • Market Forecast: 2020-2025
  • Currency: US$
  • Geography Covered: North America, United States, Canada and Mexico
  • Segments Covered: Type, Application and End-Use Sector


Report Customization: Although IMARC has tried to cover everything in the North America power inverter market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Power Inverter Market
    5.1    Market Performance
    5.2    Market Breakup by Type
    5.3    Market Breakup by Application
    5.4    Market Breakup by End-Use Sector  
    5.5    Market Breakup by Region 
    5.6    Market Forecast 
6    North America Power Inverter Market
    6.1    Market Performance
    6.2    Market Forecast 
7    North America Power Inverter Market: Breakup by Type 
    7.1    <5KW
    7.2    5KW to 95KW
    7.3    100KW to 495KW
    7.4    Above 500KW
8    North America Power Inverter Market: Breakup by Application
    8.1    Motor Drives
    8.2    UPS
    8.3    Rail Traction
    8.4    Wind Turbines
    8.5    EVs/HEVs
    8.6    Solar PVs
    8.7    Others
9    North America Power Inverter Market: Breakup by End-Use Sector 
    9.1    Utility
    9.2    Residential
    9.3    Commercial and Industrial
10    North America Power Inverter Market: Breakup by Country 
    10.1   United States
     10.1.1    Historical Market Trends
     10.1.2    Market Breakup by Type
     10.1.3    Market Breakup by Application
     10.1.4    Market Breakup by End-Use Sector
     10.1.5    Market Forecast
    10.2   Canada
     10.2.1    Historical Market Trends
     10.2.2    Market Breakup by Type 
     10.2.3    Market Breakup by Application
     10.2.4    Market Breakup by End-Use Sector
     10.2.5    Market Forecast
    10.3   Mexico
     10.3.1    Historical Market Trends
     10.3.2    Market Breakup by Type 
     10.3.3    Market Breakup by Application
     10.3.4    Market Breakup by End-Use Sector
     10.3.5    Market Forecast
11    SWOT Analysis 
    11.1    Overview 
    11.2    Strengths
    11.3    Weaknesses 
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis 
    12.1    Overview
    12.2    Research and Development
    12.3    Raw Material Procurement
    12.4    Manufacturing
    12.5    Marketing
    12.6    Distribution
    12.7    End-Use
13    Porter’s Five Forces Analysis 
    13.1     Overview
    13.2     Bargaining Power of Buyers
    13.3     Bargaining Power of Suppliers
    13.4     Degree of Rivalry
    13.5     Threat of New Entrants
    13.6     Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
  
  
List of Figures

Figure 1: Global: Power Inverter Market: Sales Value (in Billion US$), 2014-2019
Figure 2: Global: Power Inverter Market: Breakup by Type (in %), 2019
Figure 3: Global: Power Inverter Market: Breakup by Application (in %), 2019
Figure 4: Global: Power Inverter Market: Breakup by End-Use Sector (in %), 2019
Figure 5: Global: Power Inverter Market: Breakup by Region (in %), 2019
Figure 6: Global: Power Inverter Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 7: North America: Power Inverter Market: Sales Value (in Billion US$), 2014-2019
Figure 8: North America: Power Inverter Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 9: North America: Power Inverter Market: Breakup by Type (in %), 2019
Figure 10: North America: Power Inverter (<5KW) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: North America: Power Inverter (<5KW) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: North America: Power Inverter (5KW to 95KW) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: North America: Power Inverter (5KW to 95KW) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: North America: Power Inverter (100KW to 495KW) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: North America: Power Inverter (100KW to 495KW) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: North America: Power Inverter (Above 500KW) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: North America: Power Inverter (Above 500KW) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: North America: Power Inverter Market: Breakup by Application (in %), 2019
Figure 19: North America: Power Inverter (Motor Drives) Market: Sales Value (in Million US$), 2014 & 2019
Figure 20: North America: Power Inverter (Motor Drives) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: North America: Power Inverter (UPS) Market: Sales Value (in Million US$), 2014 & 2019
Figure 22: North America: Power Inverter (UPS) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: North America: Power Inverter (Rail Traction) Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: North America: Power Inverter (Rail Traction) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: North America: Power Inverter (Wind Turbines) Market: Sales Value (in Million US$), 2014 & 2019
Figure 26: North America: Power Inverter (Wind Turbines) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 27: North America: Power Inverter (EVs/HEVs) Market: Sales Value (in Million US$), 2014 & 2019
Figure 28: North America: Power Inverter (EVs/HEVs) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 29: North America: Power Inverter (Solar PVs) Market: Sales Value (in Million US$), 2014 & 2019
Figure 30: North America: Power Inverter (Solar PVs) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 31: North America: Power Inverter (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 32: North America: Power Inverter (Other Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: North America: Power Inverter Market: Breakup by End-Use Sector (in %), 2019
Figure 34: North America: Power Inverter (Utility) Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: North America: Power Inverter (Utility) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: North America: Power Inverter (Residential) Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: North America: Power Inverter (Residential) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: North America: Power Inverter (Commercial and Industrial) Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: North America: Power Inverter (Commercial and Industrial) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: North America: Power Inverter Market: Breakup by Country (in %), 2019
Figure 41: United States: Power Inverter Market: Sales Value (in Million US$), 2014-2019
Figure 42: United States: Power Inverter Market: Breakup by Type (in %), 2019
Figure 43: United States: Power Inverter Market: Breakup by Application (in %), 2019
Figure 44: United States: Power Inverter Market: Breakup by End-Use Sector (in %), 2019
Figure 45: United States: Power Inverter Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: Canada: Power Inverter Market: Sales Value (in Million US$), 2014-2019
Figure 47: Canada: Power Inverter Market: Breakup by Type (in %), 2019
Figure 48: Canada: Power Inverter Market: Breakup by Application (in %), 2019
Figure 49: Canada: Power Inverter Market: Breakup by End- Use Sector (in %), 2019
Figure 50: Canada: Power Inverter Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 51: Mexico: Power Inverter Market: Sales Value (in Million US$), 2014-2019
Figure 52: Mexico: Power Inverter Market: Breakup by Type (in %), 2019
Figure 53: Mexico: Power Inverter Market: Breakup by Application (in %), 2019
Figure 54: Mexico: Power Inverter Market: Breakup by End- Use Sector (in %), 2019
Figure 55: Mexico: Power Inverter Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 56: North America: Power Inverter Industry: SWOT Analysis
Figure 57: North America: Power Inverter Industry: Value Chain Analysis
Figure 58: North America: Power Inverter Industry: Porter’s Five Forces Analysis


List of Tables

Table 1: North America: Power Inverter Market: Key Industry Highlights, 2019 and 2025
Table 2: North America: Power Inverter Market Forecast: Breakup by Type (in Million US$), 2020-2025
Table 3: North America: Power Inverter Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 4: North America: Power Inverter Market Forecast: Breakup by End-Use Sector (in Million US$), 2020-2025
Table 5: North America: Power Inverter Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 6: North America: Power Inverter Market: Competitive Structure
Table 7: North America: Power Inverter Market: Key Players
 

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