Report Summary
Eternity Insights has published a new study on Global Solar Inverter Market focusing on key segments and regions. This in-depth research report highlights the market and competitive intelligence across the key segments of the market. The report also considers the impact of COVID-19 on the global Solar Inverter Market.
The report considers 2020-2023 as historic period, 2024 as base year, and 2025-2035 as forecast period. The report includes quantitative analysis of the market supported by the market drivers, challenges, and trends to accurately map the market scenario and competition. Moreover, key insights related to market having direct impact on the market will also be covered.
Solar Inverter Market report is based on robust research methodology designed using blend of research ap-proaches developed using secondary/desk research and validated through the primary research and expert insights. Eternity Insights also uses paid databases such as FACIVA, Hoovers, and other bench-marking and forecasting tools to provide accurate statistical analysis of supply and demand trends.
Global Solar Inverter Market Size, 2020-2035 (USD Million)
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Global Solar Inverter Market Segmentation:
Solar Inverter Market, By Product
- String Inverters
- Micro Inverters
- Hybrid Inverters
- Power Optimisers
- Central Inverters
Solar Inverter Market, By Phase
- Single-phase Solar Inverters
- Three-phase Solar Inverters
Solar Inverter Market, By Grid Type
Solar Inverter Market, By End-User
- Residential
- Commercial & Industrial (C&I)
- Utility-Scale
- Other
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Geographically, the market is categorized into five regions as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America region dominates the global Solar Inverter market in terms of demand generation. The Solar Inverter market in Asia Pacific region is expected to grow at significantly high growth rate. The regional market is further sub-segmented and analyzed at granular level across key countries. The report will include market size and forecast for Solar Inverter market for below listed countries across each region.
North America (U.S. and Canada), Europe (Germany, France, Italy, UK, Spain, and Rest of Europe), Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific region); Latin America (Brazil, Mexico, and rest of the Latin America); Middle East and Africa (GCC, South Africa, and Rest of the Middle East and Africa).
Global Solar Inverter Market Taxonomy:
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Global Solar Inverter Market Competitive Landscape
The global Solar Inverter market analysis report covers detailed analysis of competitive scenario across globe. The report includes profiles of leading players covering below details
- Company Overview
- Financial Analysis
- Product Portfolio Analysis
- Strategic Overview
- SWOT Analysis
List of Companies Profiled in the Report:
- Siemens AG
- Schneider Electric SE
- Hitachi Hi-Rel Power Electronics Pvt. Ltd.
- Sungrow Power Supply Co., Ltd.
- Huawei Technologies Co., Ltd.
- Ginlong Technologies Co., Ltd.
- Growatt
- SMA Solar Technology AG
- Power Electronics S.L.
- FIMER S.p.A.
- TMEIC
- SolarEdge Technologies Inc.
- Other Players of Specific Interest can be added based on requirement
Market Segmentation
| Report Attributes |
Details |
| The market size value in 2024 |
USD XX.XX Million |
| CAGR (2025 - 2035) |
XX.XX % |
| The Revenue forecast in 2035 |
USD XX.XX Million |
| Base year for estimation |
2024 |
| Historical data |
2020-2023 |
| Forecast period |
2025-2035 |
| Quantitative units |
- Revenue in USD Million
- CAGR from 2025 to 2035
|
| Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments covered |
By Product Outlook, End-User Outlook, Regional Outlook |
| By Product Outlook |
String Inverters, Micro Inverters, Hybrid Inverters, Power Optimisers, Central Inverters |
| By End-User Outlook |
Residential, Commercial & Industrial (C&I), Utility-Scale, Other |
| Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Country scope |
U.S., Canada, U.K., Germany, France, BENELUX, China, India, Japan, South Korea, Brazil, Saudi Arabia, UAE, Turkey |
| Key companies profiled |
Siemens AG, Schneider Electric SE, Hitachi Hi-Rel Power Electronics Pvt. Ltd., Sungrow Power Supply Co., Ltd., Huawei Technologies Co., Ltd., Ginlong Technologies Co., Ltd., Growatt, SMA Solar Technology AG |
| Customization Available |
Yes, the report can be tailored to meet your specific requirements. |
Key Benefits to the Stakeholders
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) and volume (Tons) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
Table Of Contents
Table of Contents
Global Solar Inverter Market by Manufacturers, Regions, Type and Application, Forecast to 2026
1 Report Overview
1.1 Definition and Specification
1.2 Report Overview
1.2.1 Manufacturers Overview
1.2.2 Regions Overview
1.2.3 Type Overview
1.2.4 Application Overview
1.3 Industrial Chain
1.3.1 Solar Inverter Overall Industrial Chain
1.3.2 Upstream
1.3.3 Downstream
1.4 Industry Situation
1.4.1 Industrial Policy
1.4.2 Product Preference
1.4.3 Economic/Political Environment
1.5 SWOT Analysis
2 Market Assessment by Type
2.1 String Inverters Sales (K Units), Revenue (M USD) and Growth Rate 2014-2020
2.2 Central Inverters Sales (K Units), Revenue (M USD) and Growth Rate 2014-2020
2.3 Microinverters Sales (K Units), Revenue (M USD) and Growth Rate 2014-2020
3 Asia Pacific Solar Inverter Market Assessment by Type
3.1 Asia Pacific Market Performance (Sales, Revenue)
3.2 Key Players in Asia Pacific
4 North America Solar Inverter Market Assessment by Type
4.1 North America Market Performance (Sales, Revenue)
4.2 Key Players in North America
5 Europe Solar Inverter Market Assessment by Type
4.1 Europe Market Performance (Sales, Revenue)
4.2 Key Players in Europe
6 South America Solar Inverter Market Assessment by Type
4.1 South America Market Performance (Sales, Revenue)
4.2 Key Players in South America
7 Middle Easr and Africa Solar Inverter Market Assessment by Type
4.1 Middle Easr and Africa Market Performance (Sales, Revenue)
4.2 Key Players in Middle Easr and Africa
8 World Solar Inverter Market Assessment by Type
8.1 Asia Pacific Solar Inverter Market Assessment by Application (Consumption and Market Share)
8.2 North America Solar Inverter Market Assessment by Application (Consumption and Market Share)
8.3 Europe Solar Inverter Market Assessment by Application (Consumption and Market Share)
8.4 South America Solar Inverter Market Assessment by Application (Consumption and Market Share)
8.5 Middle East and Africa Solar Inverter Market Assessment by Application (Consumption and Market Share)
9 Company Profiles/Analysis
9.1 SMA
9.1.1 SMA Profiles
9.1.2 SMA Product Portfolio
9.1.3 SMA Solar Inverter Business Performance
9.1.4 SMA Solar Inverter Business Development and Market Status
9.2 ABB
9.2.1 ABB Profiles
9.2.2 ABB Product Portfolio
9.2.3 ABB Solar Inverter Business Performance
9.2.4 ABB Solar Inverter Business Development and Market Status
9.3 GE
9.3.1 GE Profiles
9.3.2 GE Product Portfolio
9.3.3 GE Solar Inverter Business Performance
9.3.4 GE Solar Inverter Business Development and Market Status
9.4 Siemens
9.4.1 Siemens Profiles
9.4.2 Siemens Product Portfolio
9.4.3 Siemens Solar Inverter Business Performance
9.4.4 Siemens Solar Inverter Business Development and Market Status
9.5 AdvancedEnergy
9.5.1 AdvancedEnergy Profiles
9.5.2 AdvancedEnergy Product Portfolio
9.5.3 AdvancedEnergy Solar Inverter Business Performance
9.5.4 AdvancedEnergy Solar Inverter Business Development and Market Status
9.6 EnphaseEnergy
9.6.1 EnphaseEnergy Profiles
9.6.2 EnphaseEnergy Product Portfolio
9.6.3 EnphaseEnergy Solar Inverter Business Performance
9.6.4 EnphaseEnergy Solar Inverter Business Development and Market Status
9.7 SolarEdge
9.7.1 SolarEdge Profiles
9.7.2 SolarEdge Product Portfolio
9.7.3 SolarEdge Solar Inverter Business Performance
9.7.4 SolarEdge Solar Inverter Business Development and Market Status
9.8 HuaWei
9.8.1 HuaWei Profiles
9.8.2 HuaWei Product Portfolio
9.8.3 HuaWei Solar Inverter Business Performance
9.8.4 HuaWei Solar Inverter Business Development and Market Status
9.9 Hitachi
9.9.1 Hitachi Profiles
9.9.2 Hitachi Product Portfolio
9.9.3 Hitachi Solar Inverter Business Performance
9.9.4 Hitachi Solar Inverter Business Development and Market Status
9.10 Schnrider Electric
9.10.1 Schnrider Electric Profiles
9.10.2 Schnrider Electric Product Portfolio
9.10.3 Schnrider Electric Solar Inverter Business Performance
9.10.4 Schnrider Electric Solar Inverter Business Development and Market Status
9.11 TMEIC
9.12 Fronius
9.13 KACO
9.14 Ingeteam
9.15 AEG
9.16 Studer
9.17 Danfoss
9.18 Kostal
9.19 TBEA
10 World Solar Inverter Market Assessment by Players
10.1 Global Solar Inverter Sales (K Units) and Market Share by Players 2014-2020
10.2 Global Solar Inverter Revenue (M USD) and Market Share by Players 2014-2020
10.3 Global Solar Inverter Price (USD/Unit) of Players 2014-2020
10.4 Global Solar Inverter Gross Margin of Players 2014-2020
10.5 Market Concentration
11 Regional Market Performance by Segment of Players
11.1 North America
11.1.1 North America Solar Inverter Sales Assessment of Players 2014-2020
11.1.2 North America Solar Inverter Revenue Assessment of Players 2014-2020
11.1.3 North America Solar Inverter Price Assessment of Players 2014-2020
11.1.4 North America Solar Inverter Gross Margin Assessment of Players 2014-2020
11.1.5 Market Concentration
11.2 Europe
11.2.1 Europe Solar Inverter Sales Assessment of Players 2014-2020
11.2.2 Europe Solar Inverter Revenue Assessment of Players of Manufacturers 2014-2020
11.2.3 Europe Solar Inverter Price Assessment of Players 2014-2020
11.2.4 Europe Solar Inverter Gross Margin Assessment of Players 2014-2020
11.2.5 Market Concentration
11.3 Asia-Pacific Market Performance for Manufacturers
11.3.1 Asia-Pacific Solar Inverter Sales Assessment of Players 2014-2020
11.3.2 Asia-Pacific Solar Inverter Revenue Assessment of Players 2014-2020
11.3.3 Asia-Pacific Solar Inverter Price Assessment of Players 2014-2020
11.3.4 Asia-Pacific Solar Inverter Gross Margin Assessment of Players 2014-2020
11.3.5 Market Concentration
11.4 South America Market Performance for Players
11.4.1 South America Solar Inverter Sales Assessment of Players 2014-2020
11.4.2 South America Solar Inverter Revenue Assessment of Players 2014-2020
11.4.3 South America Solar Inverter Price Assessment of Players 2014-2020
11.4.4 South America Solar Inverter Gross Margin Assessment of Players 2014-2020
11.4.5 Market Concentration
11.5 Middle East and Africa Market Performance for Players
11.5.1 Middle East and Africa Solar Inverter Sales Assessment of Players 2014-2020
11.5.2 Middle East and Africa Solar Inverter Revenue Assessment of Players 2014-2020
11.5.3 Middle East and Africa Solar Inverter Price Assessment of Players 2014-2020
11.5.4 Middle East and Africa Solar Inverter Gross Margin Assessment of Players 2014-2020
11.5.5 Market Concentration
12 Regional Market Performance by Segment of Countries
12.1 Asia Pacific
12.1.1 Asia Pacific Solar Inverter Sales by Countries/Regions 2014-2020
12.1.2 Asia Pacific Solar Inverter Revenue by Countries/Regions 2014-2020
12.1.3 Asia Pacific Solar Inverter Average Price by Countries/Regions 2014-2020
12.2 North America
12.2.1 North America Solar Inverter Sales by Countries/Regions 2014-2020
12.2.2 North America Solar Inverter Revenue by Countries/Regions 2014-2020
12.2.3 North America Solar Inverter Average Price by Countries/Regions 2014-2020
12.3 Europe
12.3.1 Europe Solar Inverter Sales by Countries/Regions 2014-2020
12.3.2 Europe Solar Inverter Revenue by Countries/Regions 2014-2020
12.3.3 Europe Solar Inverter Average Price by Countries/Regions 2014-2020
12.4 South America
12.4.1 South America Solar Inverter Sales by Countries/Regions 2014-2020
12.4.2 South America Solar Inverter Revenue by Countries/Regions 2014-2020
12.4.3 South America Solar Inverter Average Price by Countries/Regions 2014-2020
12.5 Middle East and Africa
12.5.1 Middle East and Africa Solar Inverter Sales by Countries/Regions 2014-2020
12.5.2 Middle East and Africa Solar Inverter Revenue by Countries/Regions 2014-2020
12.5.3 Middle East and Africa Solar Inverter Average Price by Countries/Regions 2014-2020
13 Technology and Opportunity
13.1 Technology
13.2 Market Opportunity
14 World Solar Inverter Sales & Revenue Forecast 2021-2026
14.1 World Solar Inverter Sales and Revenue Forecast by Regions 2021-2026
14.1.1 World Solar InverterSales and Market Share by Regions
14.1.2 World Solar InverterRevenue and Market Share by Regions
15 Asia Solar Inverter Market Forecast 2021-2026
15.1 Sales and Revenue (M USD) Forecast by Type, 2021-2026
15.1.1 String Inverters
15.1.2 Central Inverters
15.1.3 Microinverters
15.2 Consumption Forecast by Application, 2021-2026
16 North America Solar Inverter Market Forecast 2021-2026
16.1 Sales and Revenue (M USD) Forecast by Type, 2021-2026
16.1.1 String Inverters
16.1.2 Central Inverters
16.1.3 Microinverters
16.2 Consumption Forecast by Application, 2021-2026
17 Europe Solar Inverter Market Forecast 2021-2026
17.1 Sales and Revenue (M USD) Forecast by Type, 2021-2026
17.1.1 String Inverters
17.1.2 Central Inverters
17.1.3 Microinverters
17.2 Consumption Forecast by Application, 2021-2026
18 South America Solar Inverter Market Forecast 2021-2026
18.1 Sales and Revenue (M USD) Forecast by Type, 2021-2026
18.1.1 String Inverters
18.1.2 Central Inverters
18.1.3 Microinverters
18.2 Consumption Forecast by Application, 2021-2026
19 Middle East and Africa Solar Inverter Market Forecast 2021-2026
19.1 Sales and Revenue (M USD) Forecast by Type, 2021-2026
19.1.1 String Inverters
19.1.2 Central Inverters
19.1.3 Microinverters
19.2 Consumption Forecast by Application, 2021-2026
20 Price (USD/Unit) and Gross Profit Forecast
20.1 Global Solar Inverter Price (USD/Unit) Trend 2021-2026
20.2 Global Solar Inverter Gross Profit Trend 2021-2026
21 Conclusion
