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Solar Inverter Market by Product Type, Connection Type, Phase, and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030

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    Report

  • 250 Pages
  • November 2021
  • Region: Global
  • Allied Market Research
  • ID: 5533764
Description Jump to:
The global solar (PV) inverter market was valued at $7.7 billion in 2020, and is projected to reach $17.9 billion by 2030, growing at a CAGR of 8.8% from 2021 to 2030.



Solar inverter is a system that converts direct current (DC) power into (AC) power. Inverters are considered to be the main part of the solar system. Solar inverters such as string inverters have gained popularity in small utility projects nearly less than 1 MW which is expected to propel the growth of the market. Solar inverters are increasingly used in the residential, commercial& industrial, and utility sectors in the past five years. More than one solar inverter is present in the solar system, depending on the size of the system.

Rise in building & construction activities in the developing economies across the globe increases the need for continuous power supply that can be fulfilled with the help of solar power generation, which in turn is expected to fuel the growth of the market during the forecast period. However, high cost associated with solar inverters in the whole solar system is anticipated to restrain the growth of the solar (PV) inverter market during the analyzed time frame. On the contrary, rise in R&D activities toward increasing the efficiency of solar inverter and government initiative toward renewable energy across the globe are expected to create opportunity for key players operating in the solar (PV) inverter market during the forecast period.

The global solar (PV) inverter market is segmented on the basis of product type, connection type, phase, end user, and region. Depending on product type, the market is segmented into central inverter, string inverter, and micro inverter. On the basis of connection type, it is categorized into on-grid and off-grid. As per phase, it is classified into single phase and three phase. The end users covered in the study include residential, commercial & industrial, and utilities users. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS

  • The report includes in-depth analysis of different segments and provides market estimations between 2021 and 2030.
  • A comprehensive analysis of the factors that drive and restrict the growth of the global solar (PV) inverter market is provided.
  • Porter’s five forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
  • Estimations and forecast are based on factors impacting the global solar (PV) inverter market growth, in terms of value.
  • Key market players are profiled to gain an understanding of the strategies adopted by them.
  • This report provides a detailed analysis of the current global solar (PV) inverter market trends and future estimations from 2021 to 2030, which helps identify the prevailing market opportunities.

KEY MARKET SEGMENTS


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
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • UAE
  • Rest of LAMEA

KEY MARKET PLAYERS

  • 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.

Other companies operating in the solar (PV) inverter market are Goodwe, Canadian Solar, Sunpower Corporation, Sineng Electric Co., Ltd., SunPower, Omron Corporation, and others.

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Research methodology
1.3.1. Primary research
1.3.2. Secondary research
1.3.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key forces shaping the market
3.3. Value chain analysis
3.4. Top investment pockets
3.5. Patent analysis
3.5.1. By region, 2013–2020
3.6. Market dynamics
3.6.1. Drivers
3.6.1.1. Rapid development in the renewable energy sector
3.6.1.2. Easy Installation in case of string inverter
3.6.2. Restraint
3.6.2.1. High heat loss and absence of panel level monitoring
3.6.3. Opportunity
3.6.3.1. Government initiatives & investment on electrification of remote and rural area using solar energy
3.7. Impact of government regulations on the market
3.8. Impact of COVID-19 outbreak on the market
CHAPTER 4: SOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Central Inverter
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis, by country
4.3. String Inverter
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis, by country
4.4. Micro Inverter
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis, by country
CHAPTER 5: SOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE
5.1. Overview
5.1.1. Market size and forecast
5.2. On-grid
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis, by country
5.3. Off-grid
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis, by country
CHAPTER 6: SOLAR (PV) INVERTER MARKET, BY PHASE
6.1. Overview
6.1.1. Market size and forecast
6.2. Single phase
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis, by country
6.3. Three-phase
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis, by country
CHAPTER 7: SOLAR (PV) INVERTER MARKET, BY END USER
7.1. Overview
7.1.1. Market size and forecast
7.2. Residential
7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast, by region
7.2.3. Market share analysis, by country
7.3. Commercial & industrial
7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast, by region
7.3.3. Market share analysis, by country
7.4. Utilities
7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast, by region
7.4.3. Market share analysis, by country
CHAPTER 8: SOLAR (PV) INVERTER MARKET, BY REGION
8.1. Overview
8.1.1. Market size and forecast
8.2. North America
8.2.1. Key market trends, growth factors, and opportunities
8.2.2. Market size and forecast, by product type
8.2.3. Market size and forecast, by connection type
8.2.4. Market size and forecast, by phase
8.2.5. Market size and forecast, by end user
8.2.6. Market share analysis, by country
8.2.7. U.S.
8.2.7.1. Market size and forecast, by product type
8.2.7.2. Market size and forecast, by connection type
8.2.7.3. Market size and forecast, by phase
8.2.7.4. Market size and forecast, by end user
8.2.8. Canada
8.2.8.1. Market size and forecast, by product type
8.2.8.2. Market size and forecast, by connection type
8.2.8.3. Market size and forecast, by phase
8.2.8.4. Market size and forecast, by end user
8.2.9. Mexico
8.2.9.1. Market size and forecast, by product type
8.2.9.2. Market size and forecast, by connection type
8.2.9.3. Market size and forecast, by phase
8.2.9.4. Market size and forecast, by end user
8.3. Europe
8.3.1. Key market trends, growth factors, and opportunities
8.3.2. Market size and forecast, by product type
8.3.3. Market size and forecast, by connection type
8.3.4. Market size and forecast, by phase
8.3.5. Market size and forecast, by end user
8.3.6. Market share analysis, by country
8.3.7. Germany
8.3.7.1. Market size and forecast, by product type
8.3.7.2. Market size and forecast, by connection type
8.3.7.3. Market size and forecast, by phase
8.3.7.4. Market size and forecast, by end user
8.3.8. France
8.3.8.1. Market size and forecast, by product type
8.3.8.2. Market size and forecast, by connection type
8.3.8.3. Market size and forecast, by phase
8.3.8.4. Market size and forecast, by end user
8.3.9. UK
8.3.9.1. Market size and forecast, by product type
8.3.9.2. Market size and forecast, by connection type
8.3.9.3. Market size and forecast, by phase
8.3.9.4. Market size and forecast, by end user
8.3.10. Spain
8.3.10.1. Market size and forecast, by product type
8.3.10.2. Market size and forecast, by connection type
8.3.10.3. Market size and forecast, by phase
8.3.10.4. Market size and forecast, by end user
8.3.11. Italy
8.3.11.1. Market size and forecast, by product type
8.3.11.2. Market size and forecast, by connection type
8.3.11.3. Market size and forecast, by phase
8.3.11.4. Market size and forecast, by end user
8.3.12. Rest of Europe
8.3.12.1. Market size and forecast, by product type
8.3.12.2. Market size and forecast, by connection type
8.3.12.3. Market size and forecast, by phase
8.3.12.4. Market size and forecast, by end user
8.4. Asia-Pacific
8.4.1. Key market trends, growth factors, and opportunities
8.4.2. Market size and forecast, by product type
8.4.3. Market size and forecast, by connection type
8.4.4. Market size and forecast, by phase
8.4.5. Market size and forecast, by end user
8.4.6. Market share analysis, by country
8.4.7. China
8.4.7.1. Market size and forecast, by product type
8.4.7.2. Market size and forecast, by connection type
8.4.7.3. Market size and forecast, by phase
8.4.7.4. Market size and forecast, by end user
8.4.8. Japan
8.4.8.1. Market size and forecast, by product type
8.4.8.2. Market size and forecast, by connection type
8.4.8.3. Market size and forecast, by phase
8.4.8.4. Market size and forecast, by end user
8.4.9. India
8.4.9.1. Market size and forecast, by product type
8.4.9.2. Market size and forecast, by connection type
8.4.9.3. Market size and forecast, by phase
8.4.9.4. Market size and forecast, by end user
8.4.10. South Korea
8.4.10.1. Market size and forecast, by product type
8.4.10.2. Market size and forecast, by connection type
8.4.10.3. Market size and forecast, by phase
8.4.10.4. Market size and forecast, by end user
8.4.11. Rest of Asia-Pacific
8.4.11.1. Market size and forecast, by product type
8.4.11.2. Market size and forecast, by connection type
8.4.11.3. Market size and forecast, by phase
8.4.11.4. Market size and forecast, by end user
8.5. LAMEA
8.5.1. Key market trends, growth factors, and opportunities
8.5.2. Market size and forecast, by product type
8.5.3. Market size and forecast, by connection type
8.5.4. Market size and forecast, by phase
8.5.5. Market size and forecast, by end user
8.5.6. Market share analysis, by country
8.5.7. Brazil
8.5.7.1. Market size and forecast, by product type
8.5.7.2. Market size and forecast, by connection type
8.5.7.3. Market size and forecast, by phase
8.5.7.4. Market size and forecast, by end user
8.5.8. Saudi Arabia
8.5.8.1. Market size and forecast, by product type
8.5.8.2. Market size and forecast, by connection type
8.5.8.3. Market size and forecast, by phase
8.5.8.4. Market size and forecast, by end user
8.5.9. UAE
8.5.9.1. Market size and forecast, by product type
8.5.9.2. Market size and forecast, by connection type
8.5.9.3. Market size and forecast, by phase
8.5.9.4. Market size and forecast, by end user
8.5.10. Rest of LAMEA
8.5.10.1. Market size and forecast, by product type
8.5.10.2. Market size and forecast, by connection type
8.5.10.3. Market size and forecast, by phase
8.5.10.4. Market size and forecast, by end user
CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Introduction
9.1.1. Market Player Positioning, 2020
9.1.2. Top winning strategies
9.1.3. Top winning strategies, by year
9.1.4. Top winning strategies, by development
9.1.5. Top winning strategies, by company
9.2. Product Mapping of Top 10 Player
9.3. Competitive Heatmap
9.4. Key developments
9.4.1. New product launches
9.4.2. Acquisition
9.4.3. Business Expansions
9.4.4. Partnership/Collaboration
9.4.5. Agreements
CHAPTER 10: COMPANY PROFILES
10.1. DELTA ELECTRONICS, INC.
10.1.1. Company overview
10.1.1. Company snapshot
10.1.2. Operating business segments
10.1.3. Product portfolio
10.1.4. Business performance
10.1.5. Key strategic moves and developments
10.2. FIMER S.P.A.
10.2.1. Company overview
10.2.2. Company snapshot
10.2.3. Product portfolio
10.2.4. Key strategic moves and developments
10.3. FRONIUS INTERNATIONAL GMBH
10.3.1. Company overview
10.3.2. Company snapshot
10.3.3. Product portfolio
10.3.4. Key strategic moves and developments
10.4. GINLONG TECHNOLOGIES
10.4.1. Company overview
10.4.2. Company snapshot
10.4.3. Product portfolio
10.4.4. Key strategic moves and developments
10.5. HUAWEI TECHNOLOGIES CO., LTD.
10.5.1. Company overview
10.5.2. Company snapshot
10.5.3. Operating business segments
10.5.4. Product portfolio
10.5.5. Business performance
10.5.6. Key strategic moves and developments
10.6. SHENZHEN GROWATT NEW ENERGY CO., LTD.
10.6.1. Company overview
10.6.2. Company snapshot
10.6.3. Product portfolio
10.6.4. Key strategic moves and developments
10.7. SIEMENS AG
10.7.1. Company overview
10.7.2. Company snapshot
10.7.3. Operating business segments
10.7.4. Product portfolio
10.7.5. Business performance
10.7.6. Key strategic moves and developments
10.8. SMA SOLAR TECHNOLOGY AG
10.8.1. Company overview
10.8.2. Company snapshot
10.8.3. Operating business segments
10.8.4. Product portfolio
10.8.5. Business performance
10.8.6. Key strategic moves and developments
10.9. SolarEdge Technologies, Inc.
10.9.1. Company overview
10.9.2. Company snapshot
10.9.3. Operating business segments
10.9.4. Product portfolio
10.9.5. Business performance
10.9.6. Key strategic moves and developments
10.10. Sungrow Power Supply Co., Ltd.
10.10.1. Company overview
10.10.2. Company snapshot
10.10.3. Product portfolio
10.10.4. Key strategic moves and developments
List of Tables
TABLE 01. GLOBAL SOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 02. CENTRAL SOLAR (PV) INVERTER MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 03. STRING SOLAR (PV) INVERTER MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 04. MICRO SOLAR (PV) INVERTER MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 05. GLOBAL SOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 06. ON-GRID SOLAR (PV) INVERTER MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 07. OFF-GRIDSOLAR (PV) INVERTER MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 08. GLOBAL SOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 09. SINGLE PHASE SOLAR (PV) INVERTER MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 10. THREE-PHASE SOLAR (PV) INVERTER MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 11. GLOBAL SOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 12. SOLAR (PV) INVERTER MARKET FOR RESIDENTIAL, BY REGION, 2020–2030 ($MILLION)
TABLE 13. SOLAR (PV) INVERTER MARKET FOR COMMERCIAL & INDUSTRIAL, BY REGION, 2020–2030 ($MILLION)
TABLE 14. SOLAR (PV) INVERTER MARKET FOR UTILITIES, BY REGION, 2020–2030 ($MILLION)
TABLE 15. SOLAR (PV) INVERTER MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 16. NORTH AMERICA SOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 17. NORTH AMERICA SOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 18. NORTH AMERICA SOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 19. NORTH AMERICA SOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 20. NORTH AMERICA SOLAR (PV) INVERTER MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 21. U.S.SOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 22. U.S.SOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 23. U.S.SOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 24. U.S.SOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 25. CANADA SOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 26. CANADA SOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 27. CANADA SOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 28. CANADA SOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 29. MEXICOSOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 30. MEXICOSOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 31. MEXICOSOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 32. MEXICOSOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 33. EUROPESOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 34. EUROPESOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 35. EUROPESOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 36. EUROPESOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 37. EUROPE SOLAR (PV) INVERTER MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 38. GERMANYSOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 39. GERMANYSOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 40. GERMANYSOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 41. GERMANYSOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 42. FRANCESOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 43. FRANCESOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 44. FRANCESOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 45. FRANCESOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 46. UKSOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 47. UKSOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 48. UKSOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 49. UKSOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 50. SPAINSOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 51. SPAINSOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 52. SPAINSOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 53. SPAINSOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 54. ITALYSOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 55. ITALYSOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 56. ITALYSOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 57. ITALYSOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 58. REST OF EUROPESOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 59. REST OF EUROPESOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 60. REST OF EUROPESOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 61. REST OF EUROPESOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 62. ASIA-PACIFICSOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 63. ASIA-PACIFICSOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 64. ASIA-PACIFICSOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 65. ASIA-PACIFICSOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 66. ASIA-PACIFIC SOLAR (PV) INVERTER MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 67. CHINASOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 68. CHINASOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 69. CHINASOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 70. CHINASOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 71. JAPANSOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 72. JAPANSOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 73. JAPANSOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 74. JAPANSOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 75. INDIASOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 76. INDIASOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 77. INDIASOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 78. INDIASOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 79. SOUTH KOREASOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 80. SOUTH KOREASOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 81. SOUTH KOREASOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 82. SOUTH KOREASOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 83. REST OF ASIA-PACIFICSOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 84. REST OF ASIA-PACIFICSOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 85. REST OF ASIA-PACIFICSOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 86. REST OF ASIA-PACIFICSOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 87. LAMEASOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 88. LAMEASOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 89. LAMEASOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 90. LAMEASOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 91. LAMEA SOLAR (PV) INVERTER MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 92. BRAZILSOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 93. BRAZILSOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 94. BRAZILSOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 95. BRAZILSOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 96. SAUDI ARABIASOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 97. SAUDI ARABIASOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 98. SAUDI ARABIASOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 99. SAUDI ARABIASOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 100. UAESOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 101. UAESOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 102. UAESOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 103. UAESOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 104. REST OF LAMEASOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 105. REST OF LAMEASOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030 ($MILLION)
TABLE 106. REST OF LAMEASOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 107. REST OF LAMEASOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 108. KEY NEW PRODUCT LAUNCHES (2017-2021)
TABLE 109. KEY ACQUISITION (2017-2021)
TABLE 110. KEY BUSINESS EXPANSIONS (2017-2021)
TABLE 111. KEY PARTNERSHIP/COLLABORATION (2017-2021)
TABLE 112. KEY AGREEMENTS (2017-2021)
TABLE 113. DELTA ELECTRONICS, INC.: COMPANY SNAPSHOT
TABLE 114. DELTA ELECTRONICS, INC.: OPERATING SEGMENTS
TABLE 115. DELTA ELECTRONICS, INC.: PRODUCT PORTFOLIO
TABLE 116. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 117. DELTA ELECTRONICS, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 118. FIMER S.P.A.: COMPANY SNAPSHOT
TABLE 119. FIMER S.P.A.: PRODUCT PORTFOLIO
TABLE 120. FIMER S.P.A.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 121. FRONIUS INTERNATIONAL GMBH: COMPANY SNAPSHOT
TABLE 122. FRONIUS INTERNATIONAL GMBH: PRODUCT PORTFOLIO
TABLE 123. FRONIUS INTERNATIONAL GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 124. GINLONG TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 125. GINLONG TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 126. GINLONG TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 127. HUAWEI: COMPANY SNAPSHOT
TABLE 128. HUAWEI: OPERATING SEGMENTS
TABLE 129. HUAWEI: PRODUCT PORTFOLIO
TABLE 130. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 131. HUAWEI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 132. GROWATT: COMPANY SNAPSHOT
TABLE 133. GROWATT: PRODUCT PORTFOLIO
TABLE 134. GROWATT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 135. SIEMENS AG: COMPANY SNAPSHOT
TABLE 136. SIEMENS AG: OPERATING SEGMENTS
TABLE 137. SIEMENS AG: PRODUCT PORTFOLIO
TABLE 138. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 139. SIEMENS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 140. SMA: COMPANY SNAPSHOT
TABLE 141. SMA: OPERATING SEGMENTS
TABLE 142. SMA: PRODUCT PORTFOLIO
TABLE 143. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 144. SMA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 145. SOLAREDGE TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 146. SOLAREDGE TECHNOLOGIES, INC.: OPERATING SEGMENTS
TABLE 147. SOLAREDGE TECHNOLOGIES, INC.: PRODUCT PORTFOLIO
TABLE 148. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 149. SOLAREDGE TECHNOLOGIES, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 150. SUNGROW: COMPANY SNAPSHOT
TABLE 151. SUNGROW: PRODUCT PORTFOLIO
TABLE 152. SUNGROW: KEY STRATEGIC MOVES AND DEVELOPMENTS
List of Figures
FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 03. MODERATE THREAT OF NEW ENTRANTS
FIGURE 04. MODERATE THREAT OF SUBSTITUTES
FIGURE 05. HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 06. MODERATE BARGAINING POWER OF BUYERS
FIGURE 07. VALUE CHAIN ANALYSIS
FIGURE 08. TOP INVESTMENT POCKETS
FIGURE 09. PATENT ANALYSIS, BY REGION
FIGURE 10. SOLAR (PV) INVERTER MARKET DYNAMICS
FIGURE 11. GLOBAL SOLAR (PV) INVERTER MARKET, BY PRODUCT TYPE, 2020–2030
FIGURE 12. COMPARATIVE ANALYSIS OF CENTRAL SOLAR (PV) INVERTER MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 13. COMPARATIVE ANALYSIS OF STRING SOLAR (PV) INVERTER MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 14. COMPARATIVE ANALYSIS OF MICRO SOLAR (PV) INVERTER MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 15. GLOBAL SOLAR (PV) INVERTER MARKET, BY CONNECTION TYPE, 2020–2030
FIGURE 16. COMPARATIVE ANALYSIS OF ON-GRID SOLAR (PV) INVERTER MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 17. COMPARATIVE ANALYSIS OF OFF-GRIDSOLAR (PV) INVERTER MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 18. GLOBAL SOLAR (PV) INVERTER MARKET, BY PHASE, 2020–2030
FIGURE 19. COMPARATIVE ANALYSIS OF SINGLE-PHASE SOLAR (PV) INVERTER MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 20. COMPARATIVE ANALYSIS OF THREE PHASE SOLAR (PV) INVERTER MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 21. GLOBAL SOLAR (PV) INVERTER MARKET, BY END USER, 2020–2030
FIGURE 22. COMPARATIVE ANALYSIS OF SOLAR (PV) INVERTER MARKET FOR RESIDENTIAL, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 23. COMPARATIVE ANALYSIS OF SOLAR (PV) INVERTER MARKET FOR COMMERCIAL & INDUSTRIAL, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 24. COMPARATIVE ANALYSIS OF SOLAR (PV) INVERTER MARKET FOR UTILITIES, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 25. U.S.SOLAR (PV) INVERTER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 26. CANADA SOLAR (PV) INVERTER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 27. MEXICOSOLAR (PV) INVERTER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 28. GERMANYSOLAR (PV) INVERTER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 29. FRANCESOLAR (PV) INVERTER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 30. UKSOLAR (PV) INVERTER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 31. SPAINSOLAR (PV) INVERTER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 32. ITALYSOLAR (PV) INVERTER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 33. REST OF EUROPESOLAR (PV) INVERTER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 34. CHINASOLAR (PV) INVERTER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 35. JAPANSOLAR (PV) INVERTER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 36. INDIASOLAR (PV) INVERTER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 37. SOUTH KOREASOLAR (PV) INVERTER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 38. REST OF ASIA-PACIFICSOLAR (PV) INVERTER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 39. BRAZILSOLAR (PV) INVERTER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 40. SAUDI ARABIASOLAR (PV) INVERTER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 41. UAESOLAR (PV) INVERTER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 42. REST OF LAMEASOLAR (PV) INVERTER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 43. MARKET PLAYER POSITIONING, 2020
FIGURE 44. TOP WINNING STRATEGIES, BY YEAR, 2016–2021
FIGURE 45. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2021 (%)
FIGURE 46. TOP WINNING STRATEGIES, BY COMPANY, 2016–2021
FIGURE 47. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 48. COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 49. DELTA ELECTRONICS, INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 50. DELTA ELECTRONICS, INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 51. HUAWEI: REVENUE, 2018–2020 ($MILLION)
FIGURE 52. HUAWEI: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 53. HUAWEI: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 54. SIEMENS AG: REVENUE, 2018-2020 ($MILLION)
FIGURE 55. SIEMENS AG: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 56. SIEMENS AG: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 57. SMA: REVENUE, 2018–2020 ($MILLION)
FIGURE 58. SMA: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 59. SMA: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 60. SOLAREDGE TECHNOLOGIES, INC.: NET SALES, 2018–2020 ($MILLION)
FIGURE 61. SOLAREDGE TECHNOLOGIES, INC.: REVENUE SHARE, BY PRODUCT, 2020 (%)
FIGURE 62. SOLAREDGE TECHNOLOGIES, INC.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 63. SOLAREDGE TECHNOLOGIES, INC.: REVENUE SHARE BY REGION, 2020 (%)

Companies Mentioned

  • 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.
  • Goodwe
  • Canadian Solar
  • Sunpower Corporation
  • Sineng Electric Co. Ltd.
  • SunPower
  • Omron Corporation

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information

Report AttributeDetails
No. of Pages250
PublishedNovember 2021
Forecast Period2020 - 2030
Estimated Market Value ( USD ) in 2020 $ 7.7 billion
Forecasted Market Value ( USD ) by 2030 $ 17.9 billion
Compound Annual Growth Rate8.8%
Regions CoveredGlobal
No. of Companies Mentioned16

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