Vendors in the power inverter market have segregated themselves based on the end users they serve. It increases their dependency on a particular segment and makes them susceptible to peculiar market trends. This was demonstrated by the telecommunications inverters market that had to face the worst of the slowdown in its end-user market. By diversifying, vendors are likely to be able to take advantage of the opportunities in other segments, thereby buffering the negative effects of a slump in their primary market. This is likely to be a sound strategy considering that all end-user segments are projected to grow robustly in future. This Frost & Sullivan research service provides an overview of the global power inverter markets. The study is segmented into non-renewable energy-based inverters, non-renewable energy-based inverters/chargers, and renewable energy-based inverters and inverters/chargers markets. The research focuses on the unit shipment, revenue forecasts, distribution structure, and market share analyses for all these segments. Increasing Power Needs Provide an Enormous Boost to Inverter Markets Rising requirements for power in a growing world economy necessitate more reliable and portable power supplies. Inverters form an integral part of these power supplies and are deployed in large volumes as power availability and reliability become critical in the current electronic-dependant environment. In the telecommunications market, the high criticality of systems has led to constant technical refinement of inverters. Continuous technology development has also triggered a demand boom in the form of replacements and upgrades. On-board infotainment electronic applications have rapidly increased in all types of vehicles. Passenger cars and trucks are major consumers of inverters that convert the DC power from on-board batteries into AC power. Additionally, the inverters also provide portability in these vehicles and in special ones such as recreation vehicles and marine boats. Expansion in the special vehicle segments in North America and Europe provides a strong impetus for the growth of the inverter markets. Solar Energy Brightens Prospects for Renewable Energy-based Inverter Markets with Steady Governmental Support The renewable energy-based market is likely to be the biggest contributor to the inverter markets, with various governments extending full support to projects that utilize power from unconventional sources such as solar, wind, and fuel cells. Incentives and subsidies to the solar energy market are expected to create derived demand for the inverters used in these systems. End users also find these systems attractive due to their apparent lower costs and reliable power supply as distributed generation units, says the analyst. Unreliable power supply, especially in remote parts of the Asia Pacific, has popularized renewable solar energy-based power inverters for their provision of good quality power through distributed generation. Governmental support due to environmental issues has also led to a surge in demand for distributed power generation using unconventional sources. However, vendors have to achieve self sustenance through cheaper system development and economies of scale to avoid a market collapse in case this support is withdrawn, notes the analyst.