Albany, NY -- (SBWIRE) -- 02/01/2017 -- An inverter system is a device that converts direct current (DC) into alternate current (AC). From this process, alternating current is produced and this form of electricity can be used to power appliances and electrical machines.

The global inverter market to grow at a CAGR of 6% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global inverter market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sale of inverters in different end-user industries.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Inverter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ABB
- Bonfiglioli
- GE
- Schneider Electric
- SMA Solar Technology

Other prominent vendors
- Mitsubishi Electric
- Danfoss
- Delta Electronics
- Eaton
- Vertiv
- Enphase Energy
- Fronius International
- Advanced Energy Industries
- Sungrow
- Siemens
- ALSTOM
- KACO new energy
- Power One Micro Systems
- OMRON
- TABUCHI ELECTRIC
- Huawei Technologies

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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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