Jan 29, 2019   SOURCE: BusinessWire

Indonesian Solar Inverter Market (2018-2024) by Power Rating, Type, Vertical, Region and Competitive Landscape - ResearchAndMarkets.com

The "Indonesia Solar Inverter Market (2018-2024): Market Forecast by Power Rating, by Types, by Applications, by Regions, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

According to this research, the Indonesia Solar Inverter Market is projected to grow at a CAGR of 9.2% during 2018-2024.

The solar inverter market in Indonesia is relatively volatile due to the cancellation of renewable energy projects across the country as a result of frequent alterations in the policies of the renewable energy sector.

The Indonesian solar inverter market revenues are dominated by the 10kW-100kW power rating segment while the central solar inverter segment dominates the market, by types.

This is attributed to the fact that majority of the solar projects are small scale utility projects employing smaller capacity central solar inverters to electrify the sites across Indonesia.

The segment is further anticipated to maintain its dominance during the forecast period on account of upcoming solar energy projects such as PLTS Kuta, Lombok (5MW) and Selong PLTS, Lombok (5MW) solar power plants.

Markets Covered

By Power Rating

  • Below 10kW
  • 10kW-100kW
  • 100.1kW-1MW

By Type

  • Central Inverter
  • String Inverter
  • Micro Inverter

By Vertical

  • Residential
  • Commercial & Industrial
  • Utility

By Region

  • Java
  • Papua
  • Sumatra
  • Sulawesi
  • Kalimantan

Companies Profiled

  • Enphase Energy Inc.
  • Fronius International GmbH
  • Jiangsu Goodwe Power Supply Technology Ltd.
  • KACO New Energy GmbH
  • PT ABB Sakti Industri
  • Schneider Electric SE
  • Shenzhen Growatt New Energy Technology Co. Ltd.
  • SMA Solar Technology AG
  • SolaX Power Co. Ltd.
  • Sungrow Power Supply Co. Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/dmspb4/indonesian_solar?w=4