Solar Inverter Market
Solar Inverter Market - Global Industry Assessment & Forecast
#
Pages:
143
Base Year:
2022
May - 2022
Format:
Report Code:
VMR-1608
Segments Covered
By
Product Type Central Inverter, String Inverter, Micro Inverter
-
By
Connection Type On-Grid, Off-Grid
-
By
Phase Single-Phase, Three-Phase
-
By
End User Residential, Commercial & Industrial, Utilities
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 7.59 Billion |
 Revenue 2030:
|
USD 14.46 Billion |
 Revenue CAGR
(2023 - 2030): |
8.40% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Solar Inverter Market Segment Analysis
- Solar Inverter Product Type Outlook (Revenue, USD Million, 2018 - 2030)
- Central Inverter
- String Inverter
- Micro Inverter
- Solar Inverter Connection Type Outlook (Revenue, USD Million, 2018 - 2030)
- On-Grid
- Off-Grid
- Solar Inverter Phase Outlook (Revenue, USD Million, 2018 - 2030)
- Single-Phase
- Three-Phase
- Solar Inverter End User Outlook (Revenue, USD Million, 2018 - 2030)
- Residential
- Commercial & Industrial
- Utilities
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
-
North America Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
-
North America Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
-
North America Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- U.S.
- U.S. Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- U.S. Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- U.S. Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- U.S. Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- U.S. Solar Inverter Market, by Product Type
- Canada
- Canada Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- Canada Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- Canada Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- Canada Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- Canada Solar Inverter Market, by Product Type
-
Mexico
- Mexico Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- Mexico Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- Mexico Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- Mexico Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- Mexico Solar Inverter Market, by Product Type
-
North America Solar Inverter Market, by Product Type
- Europe
-
Europe Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
-
Europe Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
-
Europe Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
-
Europe Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- U. K.
- U.K. Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- U.K. Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- U.K. Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- U.K. Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- U.K. Solar Inverter Market, by Product Type
- France
- France Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- France Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- France Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- France Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- France Solar Inverter Market, by Product Type
-
Germany
- Germany Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- Germany Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- Germany Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- Germany Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- Germany Solar Inverter Market, by Product Type
-
Italy
- Italy Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- Italy Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- Italy Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- Italy Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- Italy Solar Inverter Market, by Product Type
-
Spain
- Spain Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- Spain Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- Spain Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- Spain Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- Spain Solar Inverter Market, by Product Type
-
Rest of Europe
- Rest of Europe Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- Rest of Europe Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- Rest of Europe Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- Rest of Europe Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- Rest of Europe Solar Inverter Market, by Product Type
-
Europe Solar Inverter Market, by Product Type
- Asia Pacific
-
Asia Pacific Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
-
Asia Pacific Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
-
Asia Pacific Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
-
Asia Pacific Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- China
- China Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- China Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- China Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- China Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- China Solar Inverter Market, by Product Type
- Japan
- Japan Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- Japan Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- Japan Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- Japan Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- Japan Solar Inverter Market, by Product Type
-
Germany
- Germany Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- Germany Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- Germany Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- Germany Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- Germany Solar Inverter Market, by Product Type
-
India
- India Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- India Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- India Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- India Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- India Solar Inverter Market, by Product Type
-
South Korea
- South Korea Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- South Korea Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- South Korea Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- South Korea Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- South Korea Solar Inverter Market, by Product Type
-
South East Asia
- South East Asia Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- South East Asia Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- South East Asia Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- South East Asia Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- South East Asia Solar Inverter Market, by Product Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- Rest of Asia Pacific Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- Rest of Asia Pacific Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- Rest of Asia Pacific Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- Rest of Asia Pacific Solar Inverter Market, by Product Type
-
Asia Pacific Solar Inverter Market, by Product Type
- Latin America
-
Latin America Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
-
Latin America Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
-
Latin America Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
-
Latin America Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- Brazil
- Brazil Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- Brazil Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- Brazil Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- Brazil Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- Brazil Solar Inverter Market, by Product Type
- Argentina
- Argentina Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- Argentina Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- Argentina Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- Argentina Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- Argentina Solar Inverter Market, by Product Type
-
Rest of Latin America
- Rest of Latin America Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- Rest of Latin America Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- Rest of Latin America Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- Rest of Latin America Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- Rest of Latin America Solar Inverter Market, by Product Type
-
Latin America Solar Inverter Market, by Product Type
- Middle East & Africa
-
Middle East & Africa Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
-
Middle East & Africa Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
-
Middle East & Africa Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
-
Middle East & Africa Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- GCC Countries
- GCC Countries Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- GCC Countries Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- GCC Countries Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- GCC Countries Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- GCC Countries Solar Inverter Market, by Product Type
- South Africa
- South Africa Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- South Africa Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- South Africa Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- South Africa Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- South Africa Solar Inverter Market, by Product Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Solar Inverter Market, by Product Type
- Central Inverter
- String Inverter
- Micro Inverter
- Rest of Middle East & Africa Solar Inverter Market, by Connection Type
- On-Grid
- Off-Grid
- Rest of Middle East & Africa Solar Inverter Market, by Phase
- Single-Phase
- Three-Phase
- Rest of Middle East & Africa Solar Inverter Market, by End User
- Residential
- Commercial & Industrial
- Utilities
- Rest of Middle East & Africa Solar Inverter Market, by Product Type
-
Middle East & Africa Solar Inverter Market, by Product Type
- North America
Vantage Market
Research | 02-Jun-2022
FAQ
Frequently Asked Question
What is the global demand for Solar Inverter in terms of revenue?
-
The global Solar Inverter valued at USD 7.59 Billion in 2022 and is expected to reach USD 14.46 Billion in 2030 growing at a CAGR of 8.40%.
Which are the prominent players in the market?
-
The prominent players in the market are Delta Electronics Inc., Fimer S.P.A., Fronius International GmbH, Ginlong Technologies, Huawei Technologies Co. Ltd., Shenzhen Growatt New Energy Co. Ltd., Siemens AG, SMA Solar Technology AG, SolarEdge Technologies Inc., Sungrow Power Supply Co. Ltd..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8.40% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Solar Inverter include
- Large Inflow of Investments in Renewable Energy Sector
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Solar Inverter in 2022.
