Global Solar PV Inverter State of the Market 2024

Report Summary:

This new annual report provides insight into the global and regional PV inverter markets, presenting a detailed breakdown of 2023 shipments by product type and providing an early look at Wood Mackenzie's 2024 inverter shipment forecast. Because of the strong correlation between the inverter market and the wider solar industry, this report touches on broader PV topics such as policy effects, residential vs. utility-scale demand, and emerging solar markets. The data trends and forecasts detailed in this report provide value for both direct market participants and outside investors.