Solar Inverter Market

Solar Inverter Market - Global Industry Assessment & Forecast

Energy & Power

# 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

Standard License

$ 4299 USD

Multi User License

$ 6599 USD

Enterprise License

$ 6999 USD

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

Executive Dashboard
1. Strategic Imperatives
Premium Insights
1. Top 3 Trends to Watch
2. Demand and Supply Trends
3. Top 3 Strategies Followed by Major Players
4. Top 3 Predictions by Vantage Market Research
5. Top Investment Pockets
6. Insights from Primary Respondents
Global Solar Inverter Market - Segment Analysis
1. Overview
2. Global Solar Inverter Market, 2016 - 2028 (USD Million)
3. Global Solar Inverter Market - by Product Type
  1. By Central Inverter
  2. By String Inverter
  3. By Micro Inverter
4. Global Solar Inverter Market - by Connection Type
  1. By On-Grid
  2. By Off-Grid
5. Global Solar Inverter Market - by Phase
  1. By Single-Phase
  2. By Three-Phase
6. Global Solar Inverter Market - by End User
  1. By Residential
  2. By Commercial & Industrial
  3. By Utilities
7. Global Solar Inverter Market - by region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Latin America
  5. Middle East & Africa
8. Market comparative analysis
North America Solar Inverter Market - Segment Analysis
1. Overview
2. North America Solar Inverter Market, 2016 - 2028 (USD Million)
3. North America Solar Inverter Market, by Product Type
  1. By Central Inverter
  2. By String Inverter
  3. By Micro Inverter
4. North America Solar Inverter Market, by Connection Type
  1. By On-Grid
  2. By Off-Grid
5. North America Solar Inverter Market, by Phase
  1. By Single-Phase
  2. By Three-Phase
6. North America Solar Inverter Market, by End User
  1. By Residential
  2. By Commercial & Industrial
  3. By Utilities
7. North America Solar Inverter Market, by Country
  1. U.S.
    1. U.S. Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. U.S. Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. U.S. Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. U.S. Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
  2. Canada
    1. Canada Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. Canada Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. Canada Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. Canada Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
  3. Mexico
    1. Mexico Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. Mexico Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. Mexico Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. Mexico Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
Europe Solar Inverter Market - Segment Analysis
1. Overview
2. Europe Solar Inverter Market, 2016 - 2028 (USD Million)
3. Europe Solar Inverter Market, by Product Type
  1. By Central Inverter
  2. By String Inverter
  3. By Micro Inverter
4. Europe Solar Inverter Market, by Connection Type
  1. By On-Grid
  2. By Off-Grid
5. Europe Solar Inverter Market, by Phase
  1. By Single-Phase
  2. By Three-Phase
6. Europe Solar Inverter Market, by End User
  1. By Residential
  2. By Commercial & Industrial
  3. By Utilities
7. Europe Solar Inverter Market, by Country
  1. Germany
    1. Germany Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. Germany Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. Germany Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. Germany Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
  2. UK
    1. UK Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. UK Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. UK Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. UK Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
  3. France
    1. France Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. France Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. France Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. France Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
  4. Spain
    1. Spain Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. Spain Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. Spain Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. Spain Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
  5. Italy
    1. Italy Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. Italy Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. Italy Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. Italy Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
  6. BENELUX
    1. BENELUX Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. BENELUX Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. BENELUX Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. BENELUX Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
  7. Rest of Europe
    1. Rest Of Europe Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. Rest Of Europe Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. Rest Of Europe Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. Rest Of Europe Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
Asia Pacific Solar Inverter Market - Segment Analysis
1. Overview
2. Asia Pacific Solar Inverter Market, 2016 - 2028 (USD Million)
3. Asia Pacific Solar Inverter Market, by Product Type
  1. By Central Inverter
  2. By String Inverter
  3. By Micro Inverter
4. Asia Pacific Solar Inverter Market, by Connection Type
  1. By On-Grid
  2. By Off-Grid
5. Asia Pacific Solar Inverter Market, by Phase
  1. By Single-Phase
  2. By Three-Phase
6. Asia Pacific Solar Inverter Market, by End User
  1. By Residential
  2. By Commercial & Industrial
  3. By Utilities
7. Asia Pacific Solar Inverter Market, by Country
  1. China
    1. China Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. China Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. China Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. China Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
  2. Japan
    1. Japan Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. Japan Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. Japan Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. Japan Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
  3. India
    1. India Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. India Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. India Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. India Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
  4. South Korea
    1. South Korea Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. South Korea Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. South Korea Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. South Korea Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
  5. South East Asia
    1. South East Asia Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. South East Asia Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. South East Asia Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. South East Asia Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
  6. Rest of Asia Pacific
    1. Rest of Asia Pacific Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. Rest of Asia Pacific Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. Rest of Asia Pacific Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. Rest of Asia Pacific Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
Latin America Solar Inverter Market - Segment Analysis
1. Overview
2. Latin America Solar Inverter Market, 2016 - 2028 (USD Million)
3. Latin America Solar Inverter Market, by Product Type
  1. By Central Inverter
  2. By String Inverter
  3. By Micro Inverter
4. Latin America Solar Inverter Market, by Connection Type
  1. By On-Grid
  2. By Off-Grid
5. Latin America Solar Inverter Market, by Phase
  1. By Single-Phase
  2. By Three-Phase
6. Latin America Solar Inverter Market, by End User
  1. By Residential
  2. By Commercial & Industrial
  3. By Utilities
7. Latin America Solar Inverter Market, by Country
  1. Brazil
    1. Brazil Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. Brazil Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. Brazil Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. Brazil Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
  2. Argentina
    1. Argentina Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. Argentina Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. Argentina Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. Argentina Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
  3. Rest of Latin America
    1. Rest of Latin America Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. Rest of Latin America Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. Rest of Latin America Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. Rest of Latin America Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
Middle East & Africa Solar Inverter Market - Segment Analysis
1. Overview
2. Middle East & Africa Solar Inverter Market, 2016 - 2028 (USD Million)
3. Middle East & Africa Solar Inverter Market, by Product Type
  1. By Central Inverter
  2. By String Inverter
  3. By Micro Inverter
4. Middle East & Africa Solar Inverter Market, by Connection Type
  1. By On-Grid
  2. By Off-Grid
5. Middle East & Africa Solar Inverter Market, by Phase
  1. By Single-Phase
  2. By Three-Phase
6. Middle East & Africa Solar Inverter Market, by End User
  1. By Residential
  2. By Commercial & Industrial
  3. By Utilities
7. Middle East & Africa Solar Inverter Market, by Country
  1. GCC Countries
    1. GCC Countries Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. GCC Countries Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. GCC Countries Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. GCC Countries Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
  2. South Africa
    1. South Africa Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. South Africa Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. South Africa Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. South Africa Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
  3. Rest of Middle East & Africa
    1. Rest of Middle East & Africa Solar Inverter Market, By Product Type
      1. By Central Inverter
      2. By String Inverter
      3. By Micro Inverter
    2. Rest of Middle East & Africa Solar Inverter Market, By Connection Type
      1. By On-Grid
      2. By Off-Grid
    3. Rest of Middle East & Africa Solar Inverter Market, By Phase
      1. By Single-Phase
      2. By Three-Phase
    4. Rest of Middle East & Africa Solar Inverter Market, By End User
      1. By Residential
      2. By Commercial & Industrial
      3. By Utilities
Key Market Dynamics
1. Introduction
2. Market Drivers
3. Market Restraints
4. Market Opportunities
5. Porter's Five Forces Analysis
6. PEST Analysis
7. Regulatory Landscape
8. Technology Landscape
9. Regional Market Trends
COVID 19 Impact Analysis
1. Key strategies undertaken by companies to tackle COVID-19
2. Short term dynamics
3. Long term dynamics
Marketing Stratagy Analysis
1. Marketing Channel
2. Direct Marketing
3. Indirect Marketing
4. Marketing Channel Development Trends
Competative Landscape
1. Competition Matrix - 2021
2. Company Market Share Analysis - 2021
3. Key Company Activities, 2018 - 2021
4. Strategic Developments - Heat Map Analysis
5. Company Offering Evaluation
6. Company Regional Presence Evaluation
Company Profiles
1. Delta Electronics Inc.
2. Fimer S.P.A.
3. Fronius International GmbH
4. Ginlong Technologies
5. Huawei Technologies Co. Ltd.
6. Shenzhen Growatt New Energy Co. Ltd.
7. Siemens AG
8. SMA Solar Technology AG
9. SolarEdge Technologies Inc.
10. Sungrow Power Supply Co. Ltd.
Key Primary Respondents - VERBATIM
Discussion Guide
Customization Offered
Annexure
List of Figures
List of Tables
List of Abbreviations

Vantage Market Research | 02-Jun-2022

Solar Inverter Market to Reach Valuation of USD 12.93 Billion by 2028 - The rapidly Growing Demand for Renewable Energy, Continuing Rural Electrification, Favorable Government Regulations, and Investments in Renewable Energy are Driving the Solar PV Inverter Industry

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.

Solar Inverter Market

Solar Inverter Market - Global Industry Assessment & Forecast

Energy & Power

Segments Covered

Snapshot

Customization Offered

FAQ

Frequently Asked Question

What is the global demand for Solar Inverter in terms of revenue?

Which are the prominent players in the market?

At what CAGR is the market projected to grow within the forecast period?

What are the driving factors fueling the growth of the market.

Which region accounted for the largest share in the market?

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Solar Inverter Market

Solar Inverter Market - Global Industry Assessment & Forecast

Energy & Power

Segments Covered

Snapshot

Customization Offered

FAQ

Frequently Asked Question

What is the global demand for Solar Inverter in terms of revenue?

Which are the prominent players in the market?

At what CAGR is the market projected to grow within the forecast period?

What are the driving factors fueling the growth of the market.

Which region accounted for the largest share in the market?

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