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Static Inverters: Introduction

  • Static Inverters work as a UPS system in the standby mode with the bypass supplying the load and no filtering of the mains supply. The static inverter immediately switches to running the batteries whenever a failure occurs in the mains supply.
  • Static inverters, also known as solid-state inverters, are available in different types and models. They are classified according to the various shapes of the AC output waveform and power output capabilities.
  • A static inverter is specifically utilized for emergency lighting systems and other safety-related application and in remote settings such as offshore
  • Static inverters provide either a continuous or standby source of AC power from a DC supply, which is used in sealed lead-acid battery, photovoltaic cells as a part of a solar panel array.

Rise in Demand for Static Inverters Globally

  • Static Inverters are gaining popularity for use in emergency lighting, as they enable the use of different than normal functional and decorative mains luminaires as emergency fittings. These inverters eliminate the requirement of separate low voltage system or self-contained luminaire emergency lighting installation.
  • Static inverters are used where continuous DC voltage should be converted to alternating voltage. They are used instead of rotary inverters or motor generator sets.
  • Several applications such as power supplies for frequency sensitive military and commercial AC equipment, aircraft emergency AC systems and conversion of wide frequency range power to precise frequency power requires static inverters
  • Static inverters have been offering large benefits in small aircraft applications for the last few years such as absence of moving parts and the adaptability to conduction cooling.
  • Static inverters offer power for frequency sensitive instruments such as autosyn, magnesyn indicators and transmitters, rate gyros, radar, and various airborne applications

Asia Pacific to Lead Global Static Inverters Market

  • Asia Pacific is estimated to dominate the global static inverters market due to higher investments in industrial automation solutions, rising awareness about operational and workforce safety as well as expansion of power generation capacities of plants
  • Electrification activities in transportation sector and reduction in production and operational costs of power plants are also fueling the static inverters market in Asia Pacific
  • Advancements in technologies in emerging countries of Asia Pacific and rapid progress in the semiconductor industry are extending their applications in voltage and power equipment, which further boosts the static inverters market in Asia Pacific

Key Players Operating in Global Static Inverters Market

  • Microtek
  • UTL Solar
  • Exide Industries
  • Polycab
  • EAPRO Global Ltd.
  • Growatt New Energy Co., Ltd.

Global Static Inverters Market: Research Scope

Global Static Inverters Market, by Phase

  • Single Phase
  • Multi-phase

Global Static Inverters Market, by Mode of Operation

  • Passive Standby
  • Active Standby
  • No-Break (On-Line) output.

Global Static Inverters Market, by Application

  • Commercial
  • Retail
  • Hotels
  • Sports and Leisure
  • Facilities
  • Cinemas
  • Museums
  • Airports
  • Hospitals
  • Manufacturing
  • Others

Global Static Inverters Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Mexico
    • Rest of South America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Static Inverters Market

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