PUBLISHER: Market Research Future | PRODUCT CODE: 1496182
PUBLISHER: Market Research Future | PRODUCT CODE: 1496182
Global Grid-forming Inverter Market Research Report Information Type, Power Rating, Voltage . By End User and Region -Forecast to 2030
Global Grid-forming Inverter Market Research Report Information Type (micro inverters, string inverters, and central inverters), Power Rating (less than 50 kW, 50-100 kW, and more than 100 kW), Voltage (100-300 V, 300-500 V, and more than 500 V). By End User (Residential, Commercial, Other) and Region -Forecast to 2030
Market Overview
The Grid-forming Inverter Market was worth USD 656.52 million in 2022. The Grid-forming Inverter Market is expected to increase from USD 712.17 million in 2023 to USD 1,277.3 million by 2030, with a compound annual growth rate (CAGR) of 8.70% over the forecast period. Increasing investments in renewable energy, rapid infrastructure development, and rising demand for reliable energy sources are likely to fuel the growth of the Grid-forming Inverter market throughout the forecast period. Furthermore, the significant market growth potential of the electric vehicle industry is a lucrative opportunity for manufacturers in the market.
With increased environmental concerns, the worldwide emphasis has shifted toward renewable energy. Various governments have increased their spending in clean energy incentive programs for renewable energy development, which is expected to be a major driver of the worldwide grid-forming inverters market in the next years. Many countries have created comprehensive policy frameworks to support renewable energy, resulting in rapid technological scaling-up. Renewable energy sources play an important part in ensuring sustainable energy with lower emissions. Renewable energy technologies are already recognized as having the ability to significantly meet power demand while lowering emissions. Furthermore, technological advancements have improved the efficiency and cost-effectiveness of renewable energy sources. Solar photovoltaic (PV) panels, wind turbines, and energy storage devices have all advanced significantly, resulting in higher energy yields and lower costs per unit of energy generated. Solar panels and wind turbines are becoming less expensive, and economies of scale have made renewable energy more competitive with traditional fossil fuel-based electricity generation, resulting in increased importance and adoption of renewable sources for power generation, which is expected to drive the market for grid-forming inverters, which play an important role in renewable energy source integration into the electrical grid.
In recent years, several governments have developed a sustainable energy supply strategy. Residents have been encouraged to employ solar, wind, biomass, trash, and hydropower energy sources. According to the Paris Climate Change Conference of the Parties (COP21), the long-term goal set by major economies that attended the conference is to make the electricity sector completely emission-free by 2050. This strengthens wind energy's position even further, as wind and solar energy will provide the majority of renewable energy. Grid-forming inverters provide new degrees of flexibility to energy networks. System-forming inverters boost renewable energy penetration while increasing system flexibility and ensuring grid stability. Grid-forming inverters pave the way for a more robust, sustainable, and environmentally friendly energy landscape. As technology advances and the energy transition gains momentum, the significance of these inverters will grow, forming the foundation of a global renewable-powered future. As a result, rising investments in renewable energy projects are likely to drive market expansion for grid-forming inverters throughout the forecast period, owing to increased electrical infrastructure integration.
Rapid industrialization and economic progress around the world have led to significant improvements in living standards. Energy consumption has skyrocketed due to greater convenience and urbanization. Energy consumption has increased substantially throughout the years due to population growth, economic improvement, and technological advancement. According to the US Energy Information Administration (EIA), worldwide energy consumption will rise by approximately 50% between 2018 and 2050. The majority of energy consumption growth comes from countries that are not members of the Organization for Economic Cooperation and Development (OECD), and it is concentrated in regions with strong economic growth, primarily in Asia. The rapid economic growth of Asian countries, particularly China and India, will account for a significant amount of the increase in energy demand. Furthermore, with rapid infrastructure development and economic growth, there is an increasing demand for consistent electrical supply to meet global demand.
With growing infrastructure initiatives such as the creation of smart cities throughout the world, demand for grid-forming inverters is expected to increase. Grid-forming inverters have emerged as key tools for addressing the energy challenges presented by smart city development. These inverters provide energy load control, the use of distributed energy resources, and increased microgrid resilience. With growing smart city projects in countries such as the UAE, Singapore, Shanghai, Taiwan, India, Mainland China, and others, demand for grid-forming inverters is expected to skyrocket. For example, the Indian government launched the Smart Cities Mission to improve quality of life and encourage economic growth, while the Dubai Plan 2021 aims to transform Dubai into a smart and sustainable city. The Smart City initiative in Dubai follows a strategy that intends to modernize approximately 1000 government functions, with a focus on six major sectors: transportation, infrastructure, communications, economic services, urban planning, and power. Such expenditures in smart city development are expected to stimulate market demand for grid-forming inverters above ordinary inverters, owing to their ability to ensure grid stability and reliable integration of alternative energy sources into the grid. Hence, throughout the projected period, with increasing infrastructure development and requirement for uninterrupted power supply, the global grid-forming inverters market is expected to thrive significantly.
Market Segment insights
The grid-forming inverter market is divided into three types: micro inverters, string inverters, and central inverters. The market has been divided into three segments based on power rating: below 50 kW, 50-100 kW, and above 100 kW.
The market is divided into three segments based on voltage: 100-300 V, 300-500 V, and above 500 V. The Market is divided into three categories based on end user: residential, commercial, and others.
Regional insights
The Asia-Pacific region is expected to lead the Grid-forming Inverter Market throughout the forecast period. The target region is expected to generate a total incremental potential of USD 470.19 million by the end of 2030.
The Asia-Pacific Grid-forming Inverter Market is experiencing considerable growth as energy storage systems, particularly battery storage options, become more widely deployed. The use of energy storage technology, especially battery storage, is gaining traction throughout Asia. These systems are critical for making the best use of renewable energy resources. Energy storage promotes grid stability and the smooth integration of renewable energy into the electricity system by storing excess renewable energy during periods of high production and releasing it when demand increases. This capacity is especially useful for controlling the intermittent nature of sources like as solar and wind. Governments in Asia-Pacific are actively revising and introducing policies to enable the integration of renewable energy into the grid. These policy frameworks address a variety of aspects of renewable energy integration, such as grid connection procedures, grid access for renewable energy projects, and market-based renewable energy trading systems. These regulations are intended to promote an enabling environment for renewable energy development and to ease the process of connecting renewable energy projects to the grid, so speeding up the transition to cleaner energy sources.
Major Players
Huawei Technologies Co., Ltd, SMA Solar Technology AG, Gamesa Electric, Fimer Group, Delta Electronics, Inc, Solectria Solar, ABB, SolarEdge Technologies Inc, General Electric, and Sineng Electric Co Ltd are the leading companies in the Grid-forming Inverter Market.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
- 1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.2 GRID-FORMING INVERTER MARKET, BY POWER RATING
- 1.3 GRID-FORMING INVERTER MARKET, BY VOLTAGE
- 1.4 GRID-FORMING INVERTER MARKET, BY TYPE
- 1.5 GRID-FORMING INVERTER MARKET, BY END USER
- 1.6 GRID-FORMING INVERTER MARKET, BY REGION
2 MARKET INTRODUCTION
- 2.1 DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.3 RESEARCH OBJECTIVE
- 2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
- 3.1 RESEARCH PROCESS
- 3.2 PRIMARY RESEARCH
- 3.3 SECONDARY RESEARCH
- 3.4 MARKET SIZE ESTIMATION
- 3.5 TOP-DOWN & BOTTOM-UP APPROACH
- 3.6 FORECAST MODEL
- 3.7 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS
- 4.1 OVERVIEW
- 4.2 DRIVERS
- 4.2.1 INCREASING INVESTMENTS IN RENEWABLE ENERGY SECTOR
- 4.2.2 RAPID INFRASTRUCTURAL DEVELOPMENT AND GROWING DEMAND FOR RELIABLE ENERGY SOURCES
- 4.3 RESTRAINTS
- 4.3.1 HIGH COST OF THE PRODUCT
- 4.4 OPPORTUNITIES
- 4.4.1 SIGNIFICANT MARKET GROWTH POTENTIAL OF ELECTRIC VEHICLES INDUSTRY
5 MARKET FACTOR ANALYSIS
- 5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL/ COMPONENT SUPPLIERS
- 5.1.2 GRID-FORMING INVERTER MANUFACTURERS
- 5.1.3 SALES & DISTRIBUTION
- 5.1.4 END USERS
- 5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY
- 5.3 IMPACT ANALYSIS OF COVID-19
- 5.3.1 IMPACT ON THE SUPPLY CHAIN OF GRID-FORMING INVERTER MARKET
- 5.3.2 IMPACT ON MARKET DEMAND FOR GRID-FORMING INVERTER MARKET
6 GLOBAL GRID-FORMING INVERTER MARKET, BY POWER RATING
- 6.1 OVERVIEW
- 6.1.1 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY TYPE,-2030
- 6.2 BELOW 50 KW
- 6.3 50-100 KW
- 6.4 ABOVE 100 KW
7 GLOBAL GRID-FORMING INVERTER MARKET, BY VOLTAGE
- 7.1 OVERVIEW
- 7.1.1 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE,-2030
- 7.2 100-300 V
- 7.3 300-500 V
- 7.4 ABOVE 500 V
8 GLOBAL GRID-FORMING INVERTER MARKET, BY TYPE
- 8.1 OVERVIEW
- 8.1.1 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE,-2030
- 8.2 MICRO INVERTERS
- 8.3 STRING INVERTERS
- 8.4 CENTRAL INVERTERS
9 GLOBAL GRID-FORMING INVERTER MARKET, BY END USER
- 9.1 OVERVIEW
- 9.1.1 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER,-2030
- 9.2 RESIDENTIAL
- 9.3 COMMERCIAL
- 9.4 OTHERS
10 GLOBAL GRID-FORMING INVERTER MARKET, BY REGION
- 10.1 OVERVIEW
- 10.1.1 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY REGION,-2030
- 10.2 NORTH AMERICA
- 10.2.1 US
- 10.2.2 CANADA
- 10.3 EUROPE
- 10.3.1 UK
- 10.3.2 RUSSIA
- 10.3.3 GERMANY
- 10.3.4 FRANCE
- 10.3.5 SPAIN
- 10.3.6 ITALY
- 10.3.7 REST OF EUROPE
- 10.4 ASIA PACIFIC
- 10.4.1 CHINA
- 10.4.2 JAPAN
- 10.4.3 SOUTH KOREA
- 10.4.4 INDIA
- 10.4.5 AUSTRALIA & NEW ZEALAND
- 10.4.6 REST OF ASIA PACIFIC
- 10.5 LATIN AMERICA
- 10.5.1 BRAZIL
- 10.5.2 MEXICO
- 10.5.3 ARGENTINA
- 10.5.4 REST OF LATIN AMERICA
- 10.6 MIDDLE EAST & AFRICA
- 10.6.1 GCC COUNTRIES
- 10.6.2 SOUTH AFRICA
- 10.6.3 REST OF THE MIDDLE EAST & AFRICA
11 COMPETITVE LANDSCAPE
- 11.1 INTRODUCTION
- 11.2 COMPETITIVE BENCHMARKING
12 COMPANY PROFILES
- 12.1 HUAWEI TECHNOLOGIES CO., LTD
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 FINANCIAL OVERVIEW
- 12.1.3 PRODUCT OFFERED
- 12.1.4 KEY DEVELOPMENTS
- 12.1.5 SWOT ANALYSIS
- 12.1.6 KEY STRATEGIES
- 12.2 GENERAL ELECTRIC
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 FINANCIAL OVERVIEW
- 12.2.3 PRODUCT OFFERED
- 12.2.4 KEY DEVELOPMENTS
- 12.2.5 SWOT ANALYSIS
- 12.2.6 KEY STRATEGIES
- 12.3 SMA SOLAR TECHNOLOGY AG
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 FINANCIAL OVERVIEW
- 12.3.3 PRODUCT OFFERED
- 12.3.4 KEY DEVELOPMENTS
- 12.3.5 SWOT ANALYSIS
- 12.3.6 KEY STRATEGIES
- 12.4 GAMESA ELECTRIC
- 12.4.1 COMPANY OVERVIEW
- 12.4.2 FINANCIAL OVERVIEW
- 12.4.3 PRODUCT OFFERED
- 12.4.4 KEY DEVELOPMENTS
- 12.4.5 KEY STRATEGIES
- 12.5 FIMER GROUP
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 FINANCIAL OVERVIEW
- 12.5.3 PRODUCT OFFERED
- 12.5.4 KEY DEVELOPMENTS
- 12.5.5 KEY STRATEGIES
- 12.6 DELTA ELECTRONICS
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 FINANCIAL OVERVIEW
- 12.6.3 PRODUCTS OFFERED
- 12.6.4 KEY DEVELOPMENTS
- 12.6.5 SWOT ANALYSIS
- 12.6.6 KEY STRATEGIES
- 12.7 YASKAWA - SOLECTRIA SOLAR
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 FINANCIAL OVERVIEW
- 12.7.3 PRODUCTS OFFERED
- 12.7.4 KEY STRATEGIES
- 12.8 ABB
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 FINANCIAL OVERVIEW
- 12.8.3 PRODUCT OFFERED
- 12.8.4 KEY DEVELOPMENTS
- 12.8.5 SWOT ANALYSIS
- 12.8.6 KEY STRATEGIES
- 12.9 SOLAREDGE TECHNOLOGIES INC
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 FINANCIAL OVERVIEW
- 12.9.3 PRODUCT OFFERED
- 12.9.4 KEY DEVELOPMENTS
- 12.9.5 KEY STRATEGIES
- 12.10 SINENG ELECTRIC CO., LTD
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 FINANCIAL OVERVIEW
- 12.10.3 PRODUCT OFFERED
- 12.10.4 KEY DEVELOPMENTS
- 12.10.5 KEY STRATEGIES
13 APPENDIX
- 13.1 REFERENCES
- 13.2 RELATED REPORTS
LIST OF TABLES
- TABLE 1 LIST OF ASSUMPTIONS
- TABLE 2 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 3 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY BELOW 50 KW, 2019-2030 (USD MILLION)
- TABLE 4 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY 50-100 KW, 2019-2030 (USD MILLION)
- TABLE 5 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY ABOVE 100 KW, 2019-2030 (USD MILLION)
- TABLE 6 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030 (USD MILLION)
- TABLE 7 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY 100 TO 300 VOLTS, 2019-2030 (USD MILLION)
- TABLE 8 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY 300 TO 500 VOLTS, 2019-2030 (USD MILLION)
- TABLE 9 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY ABOVE 500 V, 2019-2030 (USD MILLION)
- TABLE 10 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030(USD MILLION)
- TABLE 11 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY MICRO INVERTERS, 2019-2030 (USD MILLION)
- TABLE 12 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY STRING INVERTERS, 2019-2030 (USD MILLION)
- TABLE 13 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY CENTRAL INVERTERS, 2019-2030 (USD MILLION)
- TABLE 14 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 15 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY RESIDENTIAL, 2019-2030 (USD MILLION)
- TABLE 16 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY COMMERCIAL, 2019-2030 (USD MILLION)
- TABLE 17 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY OTHERS, 2019-2030 (USD MILLION)
- TABLE 18 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY REGION, 2019-2030 (USD MILLION)
- TABLE 19 NORTH AMERICA: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019-2030(USD MILLION)
- TABLE 20 NORTH AMERICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 21 NORTH AMERICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030(USD MILLION)
- TABLE 22 NORTH AMERICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 23 NORTH AMERICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 24 US GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 25 US GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030(USD MILLION)
- TABLE 26 US GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 27 US GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 28 CANADA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 29 CANADA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030 (USD MILLION)
- TABLE 30 CANADA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 31 CANADA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 32 EUROPE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019-2030(USD MILLION)
- TABLE 33 EUROPE GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 34 EUROPE GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030 (USD MILLION)
- TABLE 35 EUROPE GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 36 EUROPE GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 37 UK GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 38 UK GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030(USD MILLION)
- TABLE 39 UK GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 40 UK GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 41 RUSSIA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 42 RUSSIA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030 (USD MILLION)
- TABLE 43 RUSSIA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 44 RUSSIA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 45 GERMANY GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 46 GERMANY GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030(USD MILLION)
- TABLE 47 GERMANY GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 48 GERMANY GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 49 FRANCE GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 50 FRANCE GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030 (USD MILLION)
- TABLE 51 FRANCE GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 52 FRANCE GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 53 SPAIN GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 54 SPAIN GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030(USD MILLION)
- TABLE 55 SPAIN GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 56 SPAIN GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 57 ITALY GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 58 ITALY GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030(USD MILLION)
- TABLE 59 ITALY GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 60 ITALY GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 61 REST OF EUROPE GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 62 REST OF EUROPE GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030(USD MILLION)
- TABLE 63 REST OF EUROPE GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 64 REST OF EUROPE GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 65 ASIA PACIFIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019-2030 (USD MILLION)
- TABLE 66 ASIA PACIFIC GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 67 ASIA PACIFIC GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030 (USD MILLION)
- TABLE 68 ASIA PACIFIC GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 69 ASIA PACIFIC GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 70 CHINA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 71 CHINA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030(USD MILLION)
- TABLE 72 CHINA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 73 CHINA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 74 JAPAN GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 75 JAPAN GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030 (USD MILLION)
- TABLE 76 JAPAN GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 77 JAPAN GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 78 SOUTH KOREA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 79 SOUTH KOREA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030 (USD MILLION)
- TABLE 80 SOUTH KOREA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 81 SOUTH KOREA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 82 INDIA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 83 INDIA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030(USD MILLION)
- TABLE 84 INDIA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 85 INDIA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 86 AUSTRALIA & NEW ZEALAND GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 87 AUSTRALIA & NEW ZEALAND GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030(USD MILLION)
- TABLE 88 AUSTRALIA & NEW ZEALAND GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 89 AUSTRALIA & NEW ZEALAND GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 90 REST OF ASIA PACIFIC GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 91 REST OF ASIA PACIFIC GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030(USD MILLION)
- TABLE 92 REST OF ASIA PACIFIC GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 93 REST OF ASIA PACIFIC GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 94 LATIN AMERICA: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019-2030 (USD MILLION)
- TABLE 95 LATIN AMERICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 96 LATIN AMERICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030 (USD MILLION)
- TABLE 97 LATIN AMERICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 98 LATIN AMERICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 99 BRAZIL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 100 BRAZIL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030 (USD MILLION)
- TABLE 101 BRAZIL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 102 BRAZIL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 103 MEXICO GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 104 MEXICO GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030 (USD MILLION)
- TABLE 105 MEXICO GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 106 MEXICO GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 107 ARGENTINA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 108 ARGENTINA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030 (USD MILLION)
- TABLE 109 ARGENTINA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 110 ARGENTINA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 111 REST OF LATIN AMERICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 112 REST OF LATIN AMERICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030(USD MILLION)
- TABLE 113 REST OF LATIN AMERICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 114 REST OF LATIN AMERICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 115 MIDDLE EAST AND AFRICA: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019-2030 (USD MILLION)
- TABLE 116 MIDDLE EAST AND AFRICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 117 MIDDLE EAST AND AFRICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030(USD MILLION)
- TABLE 118 MIDDLE EAST AND AFRICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 119 MIDDLE EAST AND AFRICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 120 GCC COUNTRIES GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 121 GCC COUNTRIES GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030(USD MILLION)
- TABLE 122 GCC COUNTRIES GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 123 GCC COUNTRIES GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 124 SOUTH AFRICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 125 SOUTH AFRICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030 (USD MILLION)
- TABLE 126 SOUTH AFRICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 127 SOUTH AFRICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 128 REST OF THE MIDDLE EAST & AFRICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY POWER RATING, 2019-2030 (USD MILLION)
- TABLE 129 REST OF THE MIDDLE EAST & AFRICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE, 2019-2030(USD MILLION)
- TABLE 130 REST OF THE MIDDLE EAST & AFRICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE, 2019-2030 (USD MILLION)
- TABLE 131 REST OF THE MIDDLE EAST & AFRICA GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER, 2019-2030 (USD MILLION)
- TABLE 132 HUAWEI TECHNOLOGIES CO LTD: PRODUCT OFFERED
- TABLE 133 HUAWEI TECHNOLOGIES CO LTD: KEY DEVELOPMENTS
- TABLE 134 GENERAL ELECTRIC CO: PRODUCT OFFERED
- TABLE 135 GENERAL ELECTRIC CO: PRODUCTS OFFERED
- TABLE 136 SMA SOLAR TECHNOLOGY AG: PRODUCT OFFERED
- TABLE 137 SMA SOLAR TECHNOLOGY AG: PRODUCTS OFFERED
- TABLE 138 GAMESA ELECTRIC.: PRODUCT OFFERED
- TABLE 139 GAMESA ELECTRIC.: KEY DEVELOPMENTS
- TABLE 140 FIMER GROUP: PRODUCT OFFERED
- TABLE 141 FIMER GROUP.: KEY DEVELOPMENTS
- TABLE 142 DELTA ELECTRONICS: PRODUCTS OFFERED
- TABLE 143 YASKAWA - SOLECTRIA SOLAR : PRODUCTS OFFERED
- TABLE 144 PERNOD RICARD: KEY DEVELOPMENTS
- TABLE 145 ABB LTD: PRODUCT OFFERED
- TABLE 146 SOLAREDGE TECHNOLOGIES INC.: PRODUCT OFFERED
- TABLE 147 SINENG ELECTRIC CO LTD: PRODUCT OFFERED
- TABLE 148 SINENG ELECTRIC CO LTD: KEY DEVELOPMENTS
LIST OF FIGURES
- FIGURE 1 MARKET SYNOPSIS
- FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GRID-FORMING INVERTER MARKET,
- FIGURE 3 GRID-FORMING INVERTER MARKET ANALYSIS BY POWER RATING (USD MILLION)
- FIGURE 4 GRID-FORMING INVERTER MARKET ANALYSIS BY VOLTAGE (USD MILLION)
- FIGURE 5 GRID-FORMING INVERTER MARKET ANALYSIS BY TYPE (USD MILLION)
- FIGURE 6 GRID-FORMING INVERTER MARKET ANALYSIS BY END USER (USD MILLION)
- FIGURE 7 GRID-FORMING INVERTER MARKET ANALYSIS BY REGION (USD MILLION)
- FIGURE 8 GRID-FORMING INVERTER MARKET: MARKET STRUCTURE
- FIGURE 9 RESEARCH PROCESS OF MRFR
- FIGURE 10 MARKET DYNAMICS: GRID-FORMING INVERTER MARKET
- FIGURE 11 DRIVERS: IMPACT ANALYSIS
- FIGURE 12 RESTRAINT: IMPACT ANALYSIS
- FIGURE 13 WORLDWIDE ELECTRIC VEHICLE SALES REVENUE, 2021-2028
- FIGURE 14 GLOBAL ELECTRIC VEHICLE CHARGING INFRASTRUCTURE MARKET VOLUME, 2021-2030
- FIGURE 15 SUPPLY CHAIN ANALYSIS: GRID-FORMING INVERTER MARKET
- FIGURE 16 PORTER'S FIVE FORCES ANALYSIS: GRID-FORMING INVERTER MARKET
- FIGURE 17 GLOBAL GRID-FORMING INVERTER MARKET, BY POWER RATING, 2022 (% SHARE)
- FIGURE 18 GLOBAL GRID-FORMING INVERTER MARKET, BY POWER RATING, 2019-2030(USD MILLION)
- FIGURE 19 GLOBAL GRID-FORMING INVERTER MARKET, VOLTAGE, 2022 (% SHARE)
- FIGURE 20 GLOBAL GRID-FORMING INVERTER MARKET, VOLTAGE, 2019-2030(USD MILLION)
- FIGURE 21 GLOBAL GRID-FORMING INVERTER MARKET, TYPE, 2022 (% SHARE)
- FIGURE 22 GLOBAL GRID-FORMING INVERTER MARKET, TYPE, 2019-2030(USD MILLION)
- FIGURE 23 GLOBAL GRID-FORMING INVERTER MARKET, END USER, 2022 (% SHARE)
- FIGURE 24 GLOBAL GRID-FORMING INVERTER MARKET, END USER, 2019-2030(USD MILLION)
- FIGURE 25 GLOBAL GRID-FORMING INVERTER MARKET, BY REGION, 2019-2030(USD MILLION)
- FIGURE 26 GLOBAL GRID-FORMING INVERTER MARKET, BY REGION, 2022 (% SHARE)
- FIGURE 27 NORTH AMERICA: GRID-FORMING INVERTER MARKET SHARE, BY COUNTRY, 2022 (% SHARE)
- FIGURE 28 EUROPE: GRID-FORMING INVERTER MARKET SHARE, BY COUNTRY, 2022 (% SHARE)
- FIGURE 29 ASIA PACIFIC: GRID-FORMING INVERTER MARKET SHARE, BY COUNTRY, 2022 (% SHARE)
- FIGURE 30 LATIN AMERICA: GRID-FORMING INVERTER MARKET SHARE, BY COUNTRY, 2022 (% SHARE)
- FIGURE 31 MIDDLE EAST AND AFRICA: GRID-FORMING INVERTER MARKET SHARE, BY COUNTRY, 2022 (% SHARE)
- FIGURE 32 GLOBAL GRID-FORMING INVERTER MARKET: COMPETITIVE BENCHMARKING
- FIGURE 33 HUAWEI INVESTMENT & HOLDING CO., LTD: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 34 HUAWEI TECHNOLOGIES CO LTD: SWOT ANALYSIS
- FIGURE 35 GENERAL ELECTRIC CO: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 36 GENERAL ELECTRIC CO: SWOT ANALYSIS
- FIGURE 37 SMA SOLAR TECHNOLOGY AG: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 38 SMA SOLAR TECHNOLOGY AG: SWOT ANALYSIS
- FIGURE 39 DELTA ELECTRONICS: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 40 DELTA ELECTRONICS INC: SWOT ANALYSIS
- FIGURE 41 ABB LTD: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 42 ABB LTD: SWOT ANALYSIS
- FIGURE 43 SOLAREDGE TECHNOLOGIES INC: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 44 SINENG ELECTRIC CO LTD: FINANCIAL OVERVIEW SNAPSHOT
