Solar Inverter Market Size, Share, and Trends 2024 to 2034

Solar Inverter Market (By Product Type: Central, String, Micro, Others; By Connection Type: On-grid, Off-grid; By Phase: Single phase, Three phase; By End User: Residential, Commercial, Industrial, Utilities; By Nominal Power Output; By Nominal Output Voltage) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023 – 2032

  • Last Updated : July 2023
  • Report Code : 1640
  • Category : Energy and Power

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Nominal Output Voltage Procurement Analysis 

4.3.2. Sales and Nominal Power Output Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Solar Inverter Market 

5.1. COVID-19 Landscape: Solar Inverter Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Solar Inverter Market, By Product Type

8.1. Solar Inverter Market, by Product Type, 2023-2032

8.1.1. Central Inverter

8.1.1.1. Market Revenue and Forecast (2021-2032)

8.1.2. String Inverter

8.1.2.1. Market Revenue and Forecast (2021-2032)

8.1.3. Micro Inverter

8.1.3.1. Market Revenue and Forecast (2021-2032)

8.1.4. Others

8.1.4.1. Market Revenue and Forecast (2021-2032)

Chapter 9. Global Solar Inverter Market, By Connection Type

9.1. Solar Inverter Market, by Connection Type, 2023-2032

9.1.1. On-grid

9.1.1.1. Market Revenue and Forecast (2021-2032)

9.1.2. Off-grid

9.1.2.1. Market Revenue and Forecast (2021-2032)

Chapter 10. Global Solar Inverter Market, By Phase Type 

10.1. Solar Inverter Market, by Phase Type, 2023-2032

10.1.1. Single phase

10.1.1.1. Market Revenue and Forecast (2021-2032)

10.1.2. Three phase

10.1.2.1. Market Revenue and Forecast (2021-2032)

Chapter 11. Global Solar Inverter Market, By End User Type

11.1. Solar Inverter Market, by End User Type, 2023-2032

11.1.1. Residential

11.1.1.1. Market Revenue and Forecast (2021-2032)

11.1.2. Commercial

11.1.2.1. Market Revenue and Forecast (2021-2032)

11.1.3. Industrial

11.1.3.1. Market Revenue and Forecast (2021-2032)

11.1.4. Utilities

11.1.4.1. Market Revenue and Forecast (2021-2032)

Chapter 12. Global Solar Inverter Market, By Nominal Power Output

12.1. Solar Inverter Market, by Nominal Power Output, 2023-2032

12.1.1. ≤ 0.5 kW

12.1.1.1. Market Revenue and Forecast (2021-2032)

12.1.2. 3 - 33 kW

12.1.2.1. Market Revenue and Forecast (2021-2032)

12.1.3. 0.5 - 3 kW

12.1.3.1. Market Revenue and Forecast (2021-2032)

12.1.4. 33 - 110 kW

12.1.4.1. Market Revenue and Forecast (2021-2032)

12.1.5. 110 kW

12.1.5.1. Market Revenue and Forecast (2021-2032)

Chapter 13. Global Solar Inverter Market, By Nominal Output Voltage

13.1. Solar Inverter Market, by Connection Type, 2023-2032

13.1.1. ≤ 230 V

13.1.1.1. Market Revenue and Forecast (2021-2032)

13.1.2. 230 - 400 V

13.1.2.1. Market Revenue and Forecast (2021-2032)

13.1.3. 400 - 600 V

13.1.3.1. Market Revenue and Forecast (2021-2032)

13.1.4. 600 V

13.1.4.1. Market Revenue and Forecast (2021-2032)

Chapter 14. Global Solar Inverter Market, Regional Estimates and Trend Forecast

14.1. North America

14.1.1. Market Revenue and Forecast, by Product (2021-2032)

14.1.2. Market Revenue and Forecast, by Connection (2021-2032)

14.1.3. Market Revenue and Forecast, by Phase (2021-2032)

14.1.4. Market Revenue and Forecast, by End User (2021-2032)

14.1.5. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.1.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

14.1.7. U.S.

14.1.7.1. Market Revenue and Forecast, by Product (2021-2032)

14.1.7.2. Market Revenue and Forecast, by Connection (2021-2032)

14.1.7.3. Market Revenue and Forecast, by Phase (2021-2032)

14.1.7.4. Market Revenue and Forecast, by End User (2021-2032)

14.1.8. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.1.8.1. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032) 

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Forecast, by Product (2021-2032)

14.1.9.2. Market Revenue and Forecast, by Connection (2021-2032)

14.1.9.3. Market Revenue and Forecast, by Phase (2021-2032)

14.1.9.4. Market Revenue and Forecast, by End User (2021-2032)

14.1.10. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.1.11. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

14.1.11.1.

14.2. Europe

14.2.1. Market Revenue and Forecast, by Product (2021-2032)

14.2.2. Market Revenue and Forecast, by Connection (2021-2032)

14.2.3. Market Revenue and Forecast, by Phase (2021-2032)

14.2.4. Market Revenue and Forecast, by End User (2021-2032) 

14.2.5. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.2.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

14.2.7.

14.2.8. UK

14.2.8.1. Market Revenue and Forecast, by Product (2021-2032)

14.2.8.2. Market Revenue and Forecast, by Connection (2021-2032)

14.2.8.3. Market Revenue and Forecast, by Phase (2021-2032)

14.2.9. Market Revenue and Forecast, by End User (2021-2032) 

14.2.10. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.2.10.1. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032) 

14.2.11. Germany

14.2.11.1. Market Revenue and Forecast, by Product (2021-2032)

14.2.11.2. Market Revenue and Forecast, by Connection (2021-2032)

14.2.11.3. Market Revenue and Forecast, by Phase (2021-2032)

14.2.12. Market Revenue and Forecast, by End User (2021-2032)

14.2.13. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.2.14. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

14.2.14.1.

14.2.15. France

14.2.15.1. Market Revenue and Forecast, by Product (2021-2032)

14.2.15.2. Market Revenue and Forecast, by Connection (2021-2032)

14.2.15.3. Market Revenue and Forecast, by Phase (2021-2032)

14.2.15.4. Market Revenue and Forecast, by End User (2021-2032)

14.2.16. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.2.16.1. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

14.2.17. Rest of Europe

14.2.17.1. Market Revenue and Forecast, by Product (2021-2032)

14.2.17.2. Market Revenue and Forecast, by Connection (2021-2032)

14.2.17.3. Market Revenue and Forecast, by Phase (2021-2032)

14.2.17.4. Market Revenue and Forecast, by End User (2021-2032)

14.2.18. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.2.18.1. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

14.3. APAC

14.3.1. Market Revenue and Forecast, by Product (2021-2032)

14.3.2. Market Revenue and Forecast, by Connection (2021-2032)

14.3.3. Market Revenue and Forecast, by Phase (2021-2032)

14.3.4. Market Revenue and Forecast, by End User (2021-2032)

14.3.5. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.3.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

14.3.7. India

14.3.7.1. Market Revenue and Forecast, by Product (2021-2032)

14.3.7.2. Market Revenue and Forecast, by Connection (2021-2032)

14.3.7.3. Market Revenue and Forecast, by Phase (2021-2032)

14.3.7.4. Market Revenue and Forecast, by End User (2021-2032)

14.3.8. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.3.9. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

14.3.10. China

14.3.10.1. Market Revenue and Forecast, by Product (2021-2032)

14.3.10.2. Market Revenue and Forecast, by Connection (2021-2032)

14.3.10.3. Market Revenue and Forecast, by Phase (2021-2032)

14.3.10.4. Market Revenue and Forecast, by End User (2021-2032)

14.3.11. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.3.11.1. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

14.3.12. Japan

14.3.12.1. Market Revenue and Forecast, by Product (2021-2032)

14.3.12.2. Market Revenue and Forecast, by Connection (2021-2032)

14.3.12.3. Market Revenue and Forecast, by Phase (2021-2032)

14.3.12.4. Market Revenue and Forecast, by End User (2021-2032)

14.3.12.5. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.3.12.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

14.3.13. Rest of APAC

14.3.13.1. Market Revenue and Forecast, by Product (2021-2032)

14.3.13.2. Market Revenue and Forecast, by Connection (2021-2032)

14.3.13.3. Market Revenue and Forecast, by Phase (2021-2032)

14.3.13.4. Market Revenue and Forecast, by End User (2021-2032)

14.3.13.5. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.3.13.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

14.4. MEA

14.4.1. Market Revenue and Forecast, by Product (2021-2032)

14.4.2. Market Revenue and Forecast, by Connection (2021-2032)

14.4.3. Market Revenue and Forecast, by Phase (2021-2032)

14.4.4. Market Revenue and Forecast, by End User (2021-2032)

14.4.5. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.4.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

14.4.7. GCC

14.4.7.1. Market Revenue and Forecast, by Product (2021-2032)

14.4.7.2. Market Revenue and Forecast, by Connection (2021-2032)

14.4.7.3. Market Revenue and Forecast, by Phase (2021-2032)

14.4.7.4. Market Revenue and Forecast, by End User (2021-2032)

14.4.8. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.4.9. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

14.4.10. North Africa

14.4.10.1. Market Revenue and Forecast, by Product (2021-2032)

14.4.10.2. Market Revenue and Forecast, by Connection (2021-2032)

14.4.10.3. Market Revenue and Forecast, by Phase (2021-2032)

14.4.10.4. Market Revenue and Forecast, by End User (2021-2032)

14.4.11. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.4.12. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

14.4.13. South Africa

14.4.13.1. Market Revenue and Forecast, by Product (2021-2032)

14.4.13.2. Market Revenue and Forecast, by Connection (2021-2032)

14.4.13.3. Market Revenue and Forecast, by Phase (2021-2032)

14.4.13.4. Market Revenue and Forecast, by End User (2021-2032)

14.4.13.5. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.4.13.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

14.4.14. Rest of MEA

14.4.14.1. Market Revenue and Forecast, by Product (2021-2032)

14.4.14.2. Market Revenue and Forecast, by Connection (2021-2032)

14.4.14.3. Market Revenue and Forecast, by Phase (2021-2032)

14.4.14.4. Market Revenue and Forecast, by End User (2021-2032)

14.4.14.5. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.4.14.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

14.5. Latin America

14.5.1. Market Revenue and Forecast, by Product (2021-2032)

14.5.2. Market Revenue and Forecast, by Connection (2021-2032)

14.5.3. Market Revenue and Forecast, by Phase (2021-2032)

14.5.4. Market Revenue and Forecast, by End User (2021-2032)

14.5.5. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.5.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

14.5.7. Brazil

14.5.7.1. Market Revenue and Forecast, by Product (2021-2032)

14.5.7.2. Market Revenue and Forecast, by Connection (2021-2032)

14.5.7.3. Market Revenue and Forecast, by Phase (2021-2032)

14.5.7.4. Market Revenue and Forecast, by End User (2021-2032)

14.5.8. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.5.8.1. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Forecast, by Product (2021-2032)

14.5.9.2. Market Revenue and Forecast, by Connection (2021-2032)

14.5.9.3. Market Revenue and Forecast, by Phase (2021-2032)

14.5.9.4. Market Revenue and Forecast, by End User (2021-2032)

14.5.9.5. Market Revenue and Forecast, by Nominal Power Output (2021-2032)

14.5.9.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2032)

Chapter 15. Company Profiles

15.1. Omron Corporation

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. ABB Ltd

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. Mitsubishi Electric Corporation

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. Siemens AG

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. Schneider Electric SE

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

15.6. SMA Solar Technology AG

15.6.1. Company Overview

15.6.2. Product Offerings

15.6.3. Financial Performance

15.6.4. Recent Initiatives

15.7. Delta Electronics Inc.

15.7.1. Company Overview

15.7.2. Product Offerings

15.7.3. Financial Performance

15.7.4. Recent Initiatives

15.8. SunPower

15.8.1. Company Overview

15.8.2. Product Offerings

15.8.3. Financial Performance

15.8.4. Recent Initiatives

15.9. Hitachi Hi-Rel Power Electronics Pvt. Ltd

15.9.1. Company Overview

15.9.2. Product Offerings

15.9.3. Financial Performance

15.9.4. Recent Initiatives

15.10. Power Electronics S.L.

15.10.1. Company Overview

15.10.2. Product Offerings

15.10.3. Financial Performance

15.10.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Terms

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