India Solar Inverter and Battery Market - Industry Trends and Forecast to 2029
India solar inverter and battery market is projected to register a CAGR of 14.7% in the forecast period of 2022 to 2029.The new market report contains data for historic year 2020, the base year of calculation is 2021 and the forecast period is 2022 to 2029.
Market Segmentation
India Solar Inverter And Battery Market By Connection Type (On-Grid, Off-Grid), Inverter Type (Central Inverter, String Inverter And Micro Inverter), Phase (Single Phase And Three Phase), Battery Type (Lithium Ion, Lead-Acid And Others), Sales Channel (Direct And Indirect), End User (Residential, Commercial And Industrial) Industry trends and forecast to 2029.
Some of the major factors contributing to the growth of the market are:
• Rise in integration of solar and storage technologies
• Increase in the government initiatives to promote renewable energy source
Market Players
Some of the major players operating in the market are:
• Luminous India
• Amara Raja Group
• Lento Industries Pvt. Ltd.
• Waaree Energies Ltd.
• Fchoice Solar Tech India Pvt Ltd.
• MICROTEK
• EXIDE INDUSTRIES LTD.
• UTL SOLAR
• V-GUARD INDUSTRIES LTD.
• Flin Technologies Private Limited
• Genus Innovations Ltd.
• Jakson Group
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Please note: This publisher does offer titles that are created upon receipt of order. The report will take approximately 15-20 business days to prepare and deliver.
- 1 Introduction
- 1.1 Objectives Of The Study
- 1.2 Market Definition
- 1.3 Overview Of India Solar Inverter And Battery Market
- 1.4 Currency And Pricing
- 1.5 Limitations
- 1.6 Markets Covered
- 2 Market Segmentation
- 2.1 Markets Covered
- 2.2 Geographical Scope
- 2.3 Years Considered For The Study
- 2.4 Dbmr Tripod Data Validation Model
- 2.5 Primary Interviews With Key Opinion Leaders
- 2.6 Dbmr Market Position Grid
- 2.7 Multivariate Modeling
- 2.8 Connection Type Timeline Curve
- 2.9 Secondary Sources
- 2.10 Assumptions
- 3 Executive Summary
- 4 Premium Insights
- 4.1 Value Chain Analysis
- 4.2 Technology Analysis
- 4.3 Standards
- 4.4 Case Study
- 4.5 Pricing Analysis
- 5 Market Overview
- 5.1 Drivers
- 5.1.1 Increase In Installation Of Solar Pv In Various End-user
- 5.1.2 Rise In Integration Of Solar And Storage Technologies
- 5.1.3 Rise In The Advancement Of Power Electronics
- 5.2 Restraints
- 5.2.1 Higher Installation Costs Of Solar-inverters
- 5.2.2 Higher Dependence On Conventional Sources Of Energy For Electricity Generation
- 5.3 Opportunities
- 5.3.1 Rise In Need For Sustainable & Clean Energy To Reduce Greenhouse Gas Emissions
- 5.3.2 Increase In The Government Initiatives To Promote A Renewable Energy Source
- 5.3.3 Rise In Power Crisis Worldwide
- 5.4 Challenges
- 5.4.1 Rising Adoption Of Alternatives Across The Market
- 5.4.2 Complicated Design Structure Of Solar Inverter
- 6 India Solar Inverter And Battery Market, By Connection Type
- 6.1 Overview
- 6.2 On-grid
- 6.3 Off-grid
- 7 India Solar Inverter And Battery Market, By Phase
- 7.1 Overview
- 7.2 Three Phase
- 7.3 Single Phase
- 8 India Solar Inverter Market, By Inverter Type
- 8.1 Overview
- 8.2 Central Inverter
- 8.3 String Inverter
- 8.4 Micro Inverter
- 9 India Solar Battery Market, By Battery Type
- 9.1 Overview
- 9.2 Lead-acid
- 9.3 Lithium-ion
- 9.4 Others
- 10 India Solar Inverter And Battery Market, By End User
- 10.1 Overview
- 10.2 Commercial
- 10.3 Residential
- 10.4 Industrial
- 11 India Solar Inverter And Battery Market, By Sales Channel
- 11.1 Overview
- 11.2 Indirect Channel
- 11.3 Direct Channel
- 12 India Solar Inverter And Battery Market, Company Landscape
- 12.1 Company Share Analysis: India
- 13 Swot
- 14 Company Profiles
- 14.1 Waaree Energies Ltd.
- 14.1.1 Company Snapshot
- 14.1.2 Product Portfolio
- 14.1.3 Recent Developments
- 14.2 Luminous India
- 14.2.1 Company Snapshot
- 14.2.2 Product Portfolio
- 14.2.3 Recent Developments
- 14.3 Amara Raja Group
- 14.3.1 Company Snapshot
- 14.3.1 Revenue Analysis
- 14.3.2 Product Portfolio
- 14.3.3 Recent Development
- 14.4 Exide Industries Ltd.
- 14.4.1 Company Snapshot
- 14.4.2 Revenue Analysis
- 14.4.3 Product Portfolio
- 14.4.4 Recent Development
- 14.5 Jakson Group
- 14.5.1 Company Snapshot
- 14.5.2 Product Portfolio
- 14.5.3 Recent Developments
- 14.6 Fchoice Solar Tech India Pvt Ltd.
- 14.6.1 Company Snapshot
- 14.6.2 Product Portfolio
- 14.6.3 Recent Developments
- 14.7 Flin Technologies Private Limited
- 14.7.1 Company Snapshot
- 14.7.2 Product Portfolio
- 14.7.3 Recent Development
- 14.8 Genus Innovations Ltd.
- 14.8.1 Company Snapshot
- 14.8.2 Product Portfolio
- 14.8.3 Recent Development
- 14.9 Lento Industries Pvt. Ltd.
- 14.9.1 Company Snapshot
- 14.9.2 Product Portfolio
- 14.9.3 Recent Development
- 14.10 Microtek
- 14.10.1 Company Snapshot
- 14.10.2 Product Portfolio
- 14.10.3 Recent Developments
- 14.11 Utl Solar
- 14.11.1 Company Snapshot
- 14.11.2 Product Portfolio
- 14.11.3 Recent Development
- 14.12 V-guard Industries Ltd.
- 14.12.1 Company Snapshot
- 14.12.2 Revenue Analysis
- 14.12.3 Product Portfolio
- 14.12.4 Recent Development
- 15 Questionnaire
- 16 Related Reports 79
- List Of Tables
- Table 1 Off Grid Solar Inverter Price List
- Table 2 Luminous Solar On-grid Inverter Price List
- Table 3 India Solar Inverter And Battery Market, By Connection Type, 2020-2029 (Usd Million)
- Table 4 India Solar Inverter And Battery Market, By Phase, 2020-2029 (Usd Million)
- Table 5 India Solar Inverter Market, By Inverter Type, 2020-2029 (Usd Million)
- Table 6 India Solar Battery Market, By Battery Type, 2020-2029 (Usd Million)
- Table 7 India Solar Inverter And Battery Market, By End User, 2020-2029 (Usd Million)
- Table 8 India Solar Inverter And Battery Market, By Sales Channel, 2020-2029 (Usd Million)
- List Of Figures
- Figure 1 India Solar Inverter And Battery Market: Segmentation
- Figure 2 India Solar Inverter And Battery Market: Data Triangulation
- Figure 3 India Solar Inverter And Battery Market: Droc Analysis
- Figure 4 India Solar Inverter And Battery Market: Regional Vs Country Market Analysis
- Figure 5 India Solar Inverter And Battery Market: Company Research Analysis
- Figure 6 India Solar Inverter And Battery Market: Interview Demographics
- Figure 7 India Solar Inverter And Battery Market: Dbmr Market Position Grid
- Figure 8 India Solar Inverter And Battery Market: Multivariate Modeling
- Figure 9 India Solar Inverter And Battery Market: Timeline Curve
- Figure 10 India Solar Inverter And Battery Market: Segmentation
- Figure 11 An Increase In Installation Of Solar Pv In Various End User Is Expected To Drive The India Solar Inverter And Battery Market In The Forecast Period Of 2022 To 2029
- Figure 12 On-grid Segment Is Expected To Account For The Largest Share Of India Solar Inverter And Battery Market In 2022 & 2029
- Figure 13 Drivers, Restraints
- Figure 14 India Solar Inverter And Battery Market: By Connection Type, 2021
- Figure 15 India Solar Inverter And Battery Market: By Phase, 2021
- Figure 16 India Solar Inverter Market: By Inverter Type, 2021
- Figure 17 India Solar Battery Market: By Battery Type, 2021
- Figure 18 India Solar Inverter And Battery Market: By End User, 2021
- Figure 19 India Solar Inverter And Battery Market: By Sales Channel, 2021
- Figure 20 India Solar Inverter And Battery Market: Company Share 2021 (%) 55
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook