The global PV inverters market size is calculated at USD 18.95 billion in 2025 and is forecasted to reach around USD 83.24 billion by 2034, accelerating at a CAGR of 17.93% from 2025 to 2034. The Asia Pacific PV inverters market size surpassed USD 8.53 billion in 2025 and is expanding at a CAGR of 18.06% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: PV 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
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
8.1. PV Inverter Market Revenue and Volume, by Product
8.1.1. String PV Inverter
8.1.1.1. Market Revenue and Volume Forecast
8.1.2. Central PV Inverter
8.1.2.1. Market Revenue and Volume Forecast
8.1.3. Micro PV Inverter
8.1.3.1. Market Revenue and Volume Forecast
8.1.4. Other PV Inverter
8.1.4.1. Market Revenue and Volume Forecast
9.1. PV Inverter Market Revenue and Volume, by End-use
9.1.1. Commercial & Industrial
9.1.1.1. Market Revenue and Volume Forecast
9.1.2. Utilities
9.1.2.1. Market Revenue and Volume Forecast
9.1.3. Residential
9.1.3.1. Market Revenue and Volume Forecast
10.1. North America
10.1.1. Market Revenue and Volume Forecast, by Product
10.1.2. Market Revenue and Volume Forecast, by End-use
10.1.3. U.S.
10.1.3.1. Market Revenue and Volume Forecast, by Product
10.1.3.2. Market Revenue and Volume Forecast, by End-use
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Volume Forecast, by Product
10.1.4.2. Market Revenue and Volume Forecast, by End-use
10.2. Europe
10.2.1. Market Revenue and Volume Forecast, by Product
10.2.2. Market Revenue and Volume Forecast, by End-use
10.2.3. UK
10.2.3.1. Market Revenue and Volume Forecast, by Product
10.2.3.2. Market Revenue and Volume Forecast, by End-use
10.2.4. Germany
10.2.4.1. Market Revenue and Volume Forecast, by Product
10.2.4.2. Market Revenue and Volume Forecast, by End-use
10.2.5. France
10.2.5.1. Market Revenue and Volume Forecast, by Product
10.2.5.2. Market Revenue and Volume Forecast, by End-use
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Volume Forecast, by Product
10.2.6.2. Market Revenue and Volume Forecast, by End-use
10.3. APAC
10.3.1. Market Revenue and Volume Forecast, by Product
10.3.2. Market Revenue and Volume Forecast, by End-use
10.3.3. India
10.3.3.1. Market Revenue and Volume Forecast, by Product
10.3.3.2. Market Revenue and Volume Forecast, by End-use
10.3.4. China
10.3.4.1. Market Revenue and Volume Forecast, by Product
10.3.4.2. Market Revenue and Volume Forecast, by End-use
10.3.5. Japan
10.3.5.1. Market Revenue and Volume Forecast, by Product
10.3.5.2. Market Revenue and Volume Forecast, by End-use
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Volume Forecast, by Product
10.3.6.2. Market Revenue and Volume Forecast, by End-use
10.4. MEA
10.4.1. Market Revenue and Volume Forecast, by Product
10.4.2. Market Revenue and Volume Forecast, by End-use
10.4.3. GCC
10.4.3.1. Market Revenue and Volume Forecast, by Product
10.4.3.2. Market Revenue and Volume Forecast, by End-use
10.4.4. North Africa
10.4.4.1. Market Revenue and Volume Forecast, by Product
10.4.4.2. Market Revenue and Volume Forecast, by End-use
10.4.5. South Africa
10.4.5.1. Market Revenue and Volume Forecast, by Product
10.4.5.2. Market Revenue and Volume Forecast, by End-use
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Volume Forecast, by Product
10.4.6.2. Market Revenue and Volume Forecast, by End-use
10.5. Latin America
10.5.1. Market Revenue and Volume Forecast, by Product
10.5.2. Market Revenue and Volume Forecast, by End-use
10.5.3. Brazil
10.5.3.1. Market Revenue and Volume Forecast, by Product
10.5.3.2. Market Revenue and Volume Forecast, by End-use
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Volume Forecast, by Product
10.5.4.2. Market Revenue and Volume Forecast, by End-use
11.1. Delta Electronics, Inc
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Eaton
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Emerson Electric Co.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Fimer Group
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Hitachi Hi-Rel Power Electronics Private Limited
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Omron Corporation
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Power Electronics S.L.
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Siemens Energy
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. SMA Solar Technology AG
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. SunPower Corporation
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
13.1. About Us
13.2. Glossary of Terms
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