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PUBLISHER: Meticulous Research | PRODUCT CODE: 1504176

PUBLISHER: Meticulous Research | PRODUCT CODE: 1504176

Power Inverter Market Size, Share, Forecast, & Trends Analysis by Product Type, Grid Type, Source, Phase, Portability, End User, and Geography - Global Forecast to 2031

PUBLISHED: May 1, 2024

PAGES: 250 Pages

DELIVERY TIME: 5-7 business days

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Power Inverter Market by Product Type (Pure Sine Wave, Modified Sine Wave), Grid Type (Grid Tie Inverters, Hybrid Inverters), Source, Phase, Portability, End User (Residential, Commercial, Industrial), and Geography-Global Forecast to 2031.

The research report titled 'Power Inverter Market by Product Type (Pure Sine Wave, Modified Sine Wave), Grid Type (Grid Tie Inverters, Hybrid Inverters), Source, Phase, Portability, End User (Residential, Commercial, Industrial), and Geography-Global Forecast to 2031' provides an in-depth analysis of the power inverter market in five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2031.

The power inverter market is projected to reach $109.7 billion by 2031, at a CAGR of 5.3% from 2024 to 2031.

The growth of the power inverter market is driven by increasing investment in renewable energy, growing demand for uninterrupted power supply across various industries, and increasing government initiatives to promote the use of renewable energy. However, high installation and maintenance costs and grid integration regulations restrain the growth of this market.

Furthermore, the adoption of smart grid technologies and the integration of solar inverters with energy storage systems are expected to generate growth opportunities for the stakeholders in this market. However, limited power output and efficiency are major challenges impacting the growth of the power inverter market.

The power inverter market is segmented by product type (pure sine wave inverter, modified sine wave inverter, square wave inverter), grid type (off grid inverters, grid tie inverters, hybrid inverters), source (current source inverter, voltage source inverter), phase (single phase inverter, three phase inverter), portability (portable, non-portable), end user (residential, commercial (corporate offices, retail spaces, hospital & healthcare centers, educational institutes, transit stations, other commercial applications), industrial (utility, construction sites, industrial manufacturing, mining, agriculture, other industrial applications)). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on product type, the power inverter market is segmented into pure sine wave inverter, modified sine wave inverter, and square wave inverter. In 2024, the pure sine wave inverter segment is expected to account for the largest share of the power inverter market. The large market share of this segment is attributed to the increasing sales of electronics products, growth of renewable energy systems, rising consumer awareness about the advantages of pure sine wave inverters, and increasing government incentives to promote renewable energy usage. Increasing sales of electronics products such as laptops, TVs, medical equipment, and power tools equipped with sophisticated power supplies that require AC sine waves for optimal performance further support the segment's growth.

However, the modified sine wave inverter segment is projected to register the highest CAGR during the period. The segment's growth is attributed to the increasing use of modified sine wave inverters for light bulbs and fans, and simple power tools and modified sine wave inverters being cheaper than other power inverters.

Based on grid type, the power inverter market is segmented into off grid inverters, grid tie inverters, and hybrid inverters. In 2024, the grid tie inverters segment is expected to account for the largest share of above 47% of the power inverter market. The large market share of this segment is attributed to the increasing government initiatives to promote renewable energy adoption, increasing demand for cost-effective solar panels, the increasing cost of traditional electricity, and rising concerns about climate change and fossil fuel dependence.

However, the hybrid inverters segment is projected to register the highest CAGR during the forecast period. The segment's growth is attributed to the growing trend of renewable energy, advancements in battery technology, and increasing demand for smart homes and energy management solutions. In May 2023, Solis Technologies (India) launched the S6 Advanced Power Hybrid Inverter to offer automatic UPS switching and up to 10 seconds of 200% surge power backup overload capability.

Based on source, the power inverter market is segmented into current source inverter and voltage source inverter. In 2024, the voltage source inverter segment is expected to account for the larger share of the power inverter market. The large market share of this segment is attributed to the rising demand for voltage source inverters (VSIs) across various sectors, driving electrification, increasing renewable energy adoption, advancements in semiconductor technology, and adoption of smart grid technology. Moreover, this segment is also projected to register the highest CAGR during the forecast period.

Based on phase, the power inverter market is segmented into single phase inverter and three phase inverter. In 2024, the three phase inverter segment is expected to account for the larger share of above 76% of the power inverter market. The large market share of this segment is attributed to the increasing demand for three-phase inverters for powering machinery in factories, water treatment plants, and various heavy-duty applications, the increasing adoption of industrial automation systems, and the increasing need to improve energy efficiency in industrial applications. In January 2021, FIMER S.p.a. (Italy) launched PVS-10/33-TL three-phase string inverter solutions for commercial and industrial applications. Moreover, this segment is also projected to register the highest CAGR during the forecast period.

Based on portability, the power inverter market is segmented into portable and non-portable. In 2024, the portable segment is expected to account for the larger share of above 64% of the power inverter market. The large market share of this segment is attributed to the increasing use of power essential appliances and electronic devices such as laptops, phones, and cameras, growing concern regarding power outages, and increasing affordability of portable inverters.

However, the non-portable segment is projected to register the highest CAGR during the forecast period. The segment's growth is attributed to the increasing use of non-portable inverters in industrial applications, increasing focus on critical infrastructure backup power, and the development of smart grid technologies.

Based on end user, the power inverter market is segmented into residential, commercial, and industrial. In 2024, the commercial segment is expected to account for the largest share of above 46% of the power inverter market. The large market share of this segment is attributed to the increasing demand for uninterrupted power supply for commercial spaces such as data centers, retail stores, and hospitals, increasing integration of energy management systems in commercial buildings, government regulations for promoting energy efficiency, and increasing applications of power inverters in the commercial sector such as powering LED lighting systems and operating HVAC equipment. In May 2024, Sungrow Power Supply Co., Ltd. (China) launched hybrid inverters and battery solutions for the residential and commercial sectors in Australia to enhance the experience and safeguard the reliability of power plants. Moreover, this segment is also projected to register the highest CAGR during the forecast period.

Based on geography, the power inverter market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of above 43% of the power inverter market. The market growth in Asia-Pacific is driven by the rising demand for reliable power supplies for factories, warehouses, and construction sites in the region, increasing government initiatives to promote renewable energy adoption, increasing demand for consumer electronics and appliances, and increasing investment to upgrade grid infrastructure. Developed economies such as China, Japan, and South Korea are focusing on grid-tie inverters for renewable energy integration, while developing countries are experiencing higher demand for portable inverters for backup power and off-grid applications. Moreover, this region is also projected to record the highest CAGR of above 6.5% during the forecast period.

The key players operating in the power inverter market are SMA Solar Technology AG (Germany), SolarEdge Technologies Inc. (Israel), Enphase Energy, Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Huawei Technologies Co., Ltd. (China), General Electric Company (U.S.), Sungrow Power Supply Co., Ltd. (China), Eaton Corporation plc (Ireland), Delta Electronics, Inc. (Taiwan), ABB Ltd (Switzerland), Schneider Electric SE (France), Siemens AG (Germany), Omron Corporation (Japan), Growatt New Energy (China), and Tabuchi Electric Co., Ltd. (Japan).

Key Questions Answered in the Report:

What are the high-growth market segments in terms of product type, grid type, source, phase, portability, and end user?
What is the historical market size for the power inverter market?
What are the market forecasts and estimates for 2024-2031?
What are the major drivers, restraints, opportunities, challenges, and trends in the power inverter market?
Who are the major players in the power inverter market, and what are their market shares?
What is the competitive landscape like?
What are the recent developments in the power inverter market?
What are the different strategies adopted by major market players?
What are the trends and high-growth countries?
Who are the local emerging players in the power inverter market, and how do they compete with other players?

Scope of the Report:

Power Inverter Market Assessment-by Product Type

Pure Sine Wave Inverter
Modified Sine Wave Inverter
Square Wave Inverter

Power Inverter Market Assessment-by Grid Type

Off Grid Inverters
Grid Tie Inverters
Hybrid Inverters

Power Inverter Market Assessment-by Source

Current Source Inverter
Voltage Source Inverter

Power Inverter Market Assessment-by Phase

Single Phase Inverter
Three Phase Inverter

Power Inverter Market Assessment-by Portability

Portable
Non-Portable

Power Inverter Market Assessment-by End User

Residential
Commercial
- Corporate Offices
- Retail Spaces
- Hospital & Healthcare Centers
- Educational Institutes
- Transit Stations
- Other Commercial Applications
Industrial
- Utility
- Construction Sites
- Industrial Manufacturing
- Mining
- Agriculture
- Other Industrial Applications

Power Inverter Market Assessment-by Geography

North America
- U.S.
- Canada
Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- South Korea
- Singapore
- Australia & New Zealand
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- UAE
- Israel
- Rest of Middle East & Africa

Product Code: MRSE - 1041199

1. Market Definition & Scope

1.1. Market Definition
1.2. Currency & Limitations
- 1.2.1. Currency
- 1.2.2. Limitations

2. Research Methodology

2.1. Research Approach
2.2. Data Collection & Validation Process
- 2.2.1. Secondary Research
- 2.2.2. Primary Research/Interviews with Key Opinion Leaders from the Industry
2.3. Market Sizing and Forecasting
- 2.3.1. Market Size Estimation Approach
- 2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study

3. Executive Summary

3.1. Overview
3.2. Market Analysis, By Product Type
3.3. Market Analysis, By Grid Type
3.4. Market Analysis, By Source
3.5. Market Analysis, By Phase
3.6. Market Analysis, By Portability
3.7. Market Analysis, By End User
3.8. Market Analysis, By Geography
3.9. Competitive Analysis

4. Market Insights

4.1. Overview
4.2. Factors Affecting Market Growth
- 4.2.1. Drivers
  - 4.2.1.1. Increasing Investment in Renewable Energy
  - 4.2.1.2. Growing Demand for Uninterrupted Power Supply Across Various Industries
  - 4.2.1.3. Increasing Government Initiatives to Promote the Use of Renewable Energy
- 4.2.2. Restraints
  - 4.2.2.1. High Installation & Maintenance Cost
  - 4.2.2.2. Grid Integration Regulations
- 4.2.3. Opportunities
  - 4.2.3.1. Adoption of Smart Grid Technologies
  - 4.2.3.2. Integration of Solar Inverters with Energy Storage Systems
- 4.2.4. Challenges
  - 4.2.4.1. Limited Power Output and Efficiency
4.3. Case Studies
4.4. Porter's Five Forces Analysis

5. Power Inverter Market Assessment-by Product Type

5.1. Overview
5.2. Pure Sine Wave Inverter
5.3. Modified Sine Wave Inverter
5.4. Square Wave Inverter

6. Power Inverter Market Assessment-by Grid Type

6.1. Overview
6.2. Off Grid Inverters
6.3. Grid Tie Inverters
6.4. Hybrid Inverters

7. Power Inverter Market Assessment-by Source

7.1. Overview
7.2. Current Source Inverter
7.3. Voltage Source Inverter

8. Power Inverter Market Assessment-by Phase

8.1. Single Phase Inverter
8.2. Three Phase Inverter

9. Power Inverter Market Assessment-by Portability

9.1. Portable
9.2. Non-Portable

10. Power Inverter Market Assessment-by End User

10.1. Overview
10.2. Residential
10.3. Commercial
- 10.3.1 Corporate Offices
- 10.3.2. Retail Spaces
- 10.3.3. Hospital & Healthcare Centers
- 10.3.4. Educational Institutes
- 10.3.5. Transit Stations
- 10.3.6. Other Commercial Applications
10.4. Industrial
- 10.4.1. Utility
- 10.4.2. Construction Sites
- 10.4.3. Industrial Manufacturing
- 10.4.4. Mining
- 10.4.5. Agriculture
- 10.4.6. Other Industrial Applications

11. Power Inverter Market-by Geography

11.1. Overview
11.2. North America
- 11.2.1. U.S.
- 11.2.2. Canada
11.3. Europe
- 11.3.1. Germany
- 11.3.2. U.K.
- 11.3.3. France
- 11.3.4. Italy
- 11.3.5. Spain
- 11.3.6. Rest of Europe
11.4. Asia-Pacific
- 11.4.1. Japan
- 11.4.2. China
- 11.4.3. India
- 11.4.4. South Korea
- 11.4.5. Singapore
- 11.4.6. Australia & New Zealand
- 11.4.7. Rest of Asia-Pacific
11.5. Latin America
- 11.5.1. Mexico
- 11.5.2. Brazil
- 11.5.3. Rest of Latin America
11.6. Middle East & Africa
- 11.6.1. UAE
- 11.6.2. Israel
- 11.6.3. Rest of Middle East & Africa

12. Competition Analysis

12.1. Overview
12.2. Key Growth Strategies
12.3. Competitive Benchmarking
12.4. Competitive Dashboard
- 12.4.1. Industry Leaders
- 12.4.2. Market Differentiators
- 12.4.3. Vanguards
- 12.4.4. Emerging Companies
12.5. Market Share Analysis

13. Company Profiles (Company Overview, Financial Overview, Product Portfolio, and Strategic Developments)

13.1. SMA Solar Technology AG
13.2. SolarEdge Technologies Inc.
13.3. Enphase Energy, Inc.
13.4. Mitsubishi Electric Corporation
13.5. Huawei Technologies Co., Ltd.
13.6. General Electric Company
13.7. Sungrow Power Supply Co., Ltd.
13.8. Eaton Corporation plc
13.9. Delta Electronics, Inc.
13.10. ABB Ltd.
13.11. Schneider Electric SE
13.12. Siemens AG
13.13. Omron Corporation
13.14. Growatt New Energy
13.15. Tabuchi Electric Co., Ltd.

(Note: SWOT analysis of the top 5 companies will be provided.)

14. Appendix

14.1. Available Customization
14.2. Related Reports

Product Code: MRSE - 1041199

LIST OF TABLES

Table 1 Global Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 2 Global Pure Sine Wave Inverter Market, By Country/Region, 2022-2031 (USD Million)
Table 3 Global Modified Sine Wave Inverter Market, By Country/Region, 2022-2031 (USD Million)
Table 4 Global Square Wave Inverter Market, By Country/Region, 2022-2031 (USD Million)
Table 5 Global Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 6 Global Off Grid Inverters Market, By Country/Region, 2022-2031 (USD Million)
Table 7 Global Grid Tie Inverters Market, By Country/Region, 2022-2031 (USD Million)
Table 8 Global Hybrid Inverters Market, By Country/Region, 2022-2031 (USD Million)
Table 9 Global Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 10 Global Current Source Inverter Market, By Country/Region, 2022-2031 (USD Million)
Table 11 Global Voltage Source Inverter Market, By Country/Region, 2022-2031 (USD Million)
Table 12 Global Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 13 Global Single Phase Inverter Market, By Country/Region, 2022-2031 (USD Million)
Table 14 Global Three Phase Inverter Market, By Country/Region, 2022-2031 (USD Million)
Table 15 Global Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 16 Global Portable Power Inverter Market, By Country/Region, 2022-2031 (USD Million)
Table 17 Global Non-Portable Power Inverter Market, By Country/Region, 2022-2031 (USD Million)
Table 18 Global Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 19 Global Residential Power Inverter Market, By Country/Region, 2022-2031 (USD Million)
Table 20 Global Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 21 Global Commercial Power Inverter Market, By Country/Region, 2022-2031 (USD Million)
Table 22 Global Commercial Power Inverter Market for Corporate Offices, By Country/Region, 2022-2031 (USD Million)
Table 23 Global Commercial Power Inverter Market for Retail Spaces, By Country/Region, 2022-2031 (USD Million)
Table 24 Global Commercial Power Inverter Market for Hospital & Healthcare Centers, By Country/Region, 2022-2031 (USD Million)
Table 25 Global Commercial Power Inverter Market for Educational Institutes, By Country/Region, 2022-2031 (USD Million)
Table 26 Global Commercial Power Inverter Market for Transit Stations, By Country/Region, 2022-2031 (USD Million)
Table 27 Global Power Inverter Market for Other Commercial Applications, By Country/Region, 2022-2031 (USD Million)
Table 28 Global Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 29 Global Industrial Power Inverter Market, By Country/Region, 2022-2031 (USD Million)
Table 30 Global Industrial Power Inverter Market for Utility, By Country/Region, 2022-2031 (USD Million)
Table 31 Global Industrial Power Inverter Market for Construction Sites, By Country/Region, 2022-2031 (USD Million)
Table 32 Global Industrial Power Inverter Market for Industrial Manufacturing, By Country/Region, 2022-2031 (USD Million)
Table 33 Global Industrial Power Inverter Market for Mining, By Country/Region, 2022-2031 (USD Million)
Table 34 Global Industrial Power Inverter Market for Agriculture, By Country/Region, 2022-2031 (USD Million)
Table 35 Global Power Inverter Market for Other Industrial Applications, By Country/Region, 2022-2031 (USD Million)
Table 36 Global Power Inverter Market, By Country/Region, 2022-2031 (USD Million)
Table 37 North America: Power Inverter Market, By Country, 2022-2031 (USD Million)
Table 38 North America: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 39 North America: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 40 North America: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 41 North America: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 42 North America: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 43 North America: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 44 North America: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 45 North America: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 46 U.S.: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 47 U.S.: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 48 U.S.: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 49 U.S.: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 50 U.S.: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 51 U.S.: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 52 U.S.: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 53 U.S.: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 54 Canada: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 55 Canada: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 56 Canada: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 57 Canada: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 58 Canada: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 59 Canada: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 60 Canada: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 61 Canada: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 62 Europe: Power Inverter Market, By Country/Region, 2022-2031 (USD Million)
Table 63 Europe: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 64 Europe: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 65 Europe: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 66 Europe: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 67 Europe: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 68 Europe: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 69 Europe: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 70 Europe: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 71 Germany: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 72 Germany: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 73 Germany: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 74 Germany: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 75 Germany: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 76 Germany: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 77 Germany: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 78 Germany: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 79 U.K.: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 80 U.K.: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 81 U.K.: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 82 U.K.: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 83 U.K.: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 84 U.K.: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 85 U.K.: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 86 U.K.: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 87 France: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 88 France: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 89 France: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 90 France: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 91 France: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 92 France: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 93 France: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 94 France: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 95 Italy: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 96 Italy: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 97 Italy: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 98 Italy: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 99 Italy: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 100 Italy: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 101 Italy: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 102 Italy: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 103 Spain: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 104 Spain: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 105 Spain: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 106 Spain: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 107 Spain: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 108 Spain: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 109 Spain: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 110 Spain: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 111 Rest of Europe: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 112 Rest of Europe: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 113 Rest of Europe: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 114 Rest of Europe: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 115 Rest of Europe: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 116 Rest of Europe: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 117 Rest of Europe: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 118 Rest of Europe: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 119 Asia-Pacific: Power Inverter Market, By Country/Region, 2022-2031 (USD Million)
Table 120 Asia-Pacific: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 121 Asia-Pacific: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 122 Asia-Pacific: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 123 Asia-Pacific: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 124 Asia-Pacific: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 125 Asia-Pacific: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 126 Asia-Pacific: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 127 Asia-Pacific: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 128 Japan: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 129 Japan: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 130 Japan: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 131 Japan: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 132 Japan: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 133 Japan: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 134 Japan: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 135 Japan: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 136 China: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 137 China: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 138 China: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 139 China: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 140 China: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 141 China: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 142 China: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 143 China: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 144 India: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 145 India: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 146 India: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 147 India: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 148 India: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 149 India: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 150 India: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 151 India: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 152 South Korea: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 153 South Korea: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 154 South Korea: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 155 South Korea: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 156 South Korea: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 157 South Korea: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 158 South Korea: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 159 South Korea: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 160 Singapore: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 161 Singapore: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 162 Singapore: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 163 Singapore: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 164 Singapore: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 165 Singapore: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 166 Singapore: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 167 Singapore: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 168 Australia & New Zealand: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 169 Australia & New Zealand: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 170 Australia & New Zealand: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 171 Australia & New Zealand: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 172 Australia & New Zealand: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 173 Australia & New Zealand: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 174 Australia & New Zealand: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 175 Australia & New Zealand: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 176 Rest of Asia-Pacific: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 177 Rest of Asia-Pacific: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 178 Rest of Asia-Pacific: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 179 Rest of Asia-Pacific: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 180 Rest of Asia-Pacific: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 181 Rest of Asia-Pacific: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 182 Rest of Asia-Pacific: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 183 Rest of Asia-Pacific: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 184 Latin America: Power Inverter Market, By Country/Region, 2022-2031 (USD Million)
Table 185 Latin America: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 186 Latin America: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 187 Latin America: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 188 Latin America: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 189 Latin America: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 190 Latin America: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 191 Latin America: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 192 Latin America: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 193 Mexico: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 194 Mexico: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 195 Mexico: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 196 Mexico: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 197 Mexico: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 198 Mexico: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 199 Mexico: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 200 Mexico: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 201 Brazil: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 202 Brazil: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 203 Brazil: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 204 Brazil: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 205 Brazil: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 206 Brazil: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 207 Brazil: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 208 Brazil: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 209 Rest of Latin America: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 210 Rest of Latin America: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 211 Rest of Latin America: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 212 Rest of Latin America: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 213 Rest of Latin America: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 214 Rest of Latin America: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 215 Rest of Latin America: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 216 Rest of Latin America: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 217 Middle East & Africa: Power Inverter Market, By Country/Region, 2022-2031 (USD Million)
Table 218 Middle East & Africa: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 219 Middle East & Africa: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 220 Middle East & Africa: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 221 Middle East & Africa: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 222 Middle East & Africa: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 223 Middle East & Africa: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 224 Middle East & Africa: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 225 Middle East & Africa: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 226 UAE: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 227 UAE: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 228 UAE: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 229 UAE: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 230 UAE: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 231 UAE: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 232 UAE: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 233 UAE: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 234 Israel: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 235 Israel: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 236 Israel: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 237 Israel: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 238 Israel: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 239 Israel: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 240 Israel: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 241 Israel: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 242 Rest of Middle East & Africa: Power Inverter Market, By Product Type, 2022-2031 (USD Million)
Table 243 Rest of Middle East & Africa: Power Inverter Market, By Grid Type, 2022-2031 (USD Million)
Table 244 Rest of Middle East & Africa: Power Inverter Market, By Source, 2022-2031 (USD Million)
Table 245 Rest of Middle East & Africa: Power Inverter Market, By Phase, 2022-2031 (USD Million)
Table 246 Rest of Middle East & Africa: Power Inverter Market, By Portability, 2022-2031 (USD Million)
Table 247 Rest of Middle East & Africa: Power Inverter Market, By End User, 2022-2031 (USD Million)
Table 248 Rest of Middle East & Africa: Commercial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 249 Rest of Middle East & Africa: Industrial Power Inverter Market, By Type, 2022-2031 (USD Million)
Table 250 Recent Developments by Major Market Players (2021-2024)

LIST OF FIGURES

Figure 1 Market Ecosystem
Figure 2 Key Stakeholders
Figure 3 Research Process
Figure 4 Key Secondary Sources
Figure 5 Primary Research Techniques.
Figure 6 Key Executives Interviewed
Figure 7 Breakdown of Primary Interviews (Supply-side & Demand-side)
Figure 8 Market Sizing and Growth Forecast Approach
Figure 9 Key Insights
Figure 10 Global Power Inverter Market, by Product Type, 2024 Vs. 2031 (USD Million)
Figure 11 Global Power Inverter Market, by Grid Type, 2024 Vs. 2031 (USD Million)
Figure 12 Global Power Inverter Market, by Source, 2024 Vs. 2031 (USD Million)
Figure 13 Global Power Inverter Market, by Phase, 2024 Vs. 2031 (USD Million)
Figure 14 Global Power Inverter Market, by Portability, 2024 Vs. 2031 (USD Million)
Figure 15 Global Power Inverter Market, by End User, 2024 Vs. 2031 (USD Million)
Figure 16 Global Power Inverter Market, by Region, 2024 Vs. 2031 (USD Million)
Figure 17 Impact Analysis: Global Power Inverter Market
Figure 18 Global Power Inverter Market, by Product Type, 2024 Vs. 2031 (USD Million)
Figure 19 Global Power Inverter Market, by Grid Type, 2024 Vs. 2031 (USD Million)
Figure 20 Global Power Inverter Market, by Source, 2024 Vs. 2031 (USD Million)
Figure 21 Global Power Inverter Market, by Phase, 2024 Vs. 2031 (USD Million)
Figure 22 Global Power Inverter Market, by Portability, 2024 Vs. 2031 (USD Million)
Figure 23 Global Power Inverter Market, by End User, 2024 Vs. 2031 (USD Million)
Figure 24 Global Power Inverter Market, by Region, 2024 Vs. 2031 (USD Million)
Figure 25 Asia-Pacific: Power Inverter Market Snapshot
Figure 26 Europe: Power Inverter Market Snapshot
Figure 27 Asia-Pacific: Power Inverter Market Snapshot
Figure 28 Latin America: Power Inverter Market Snapshot
Figure 29 Middle East & Africa: Power Inverter Market Snapshot
Figure 30 Growth Strategies Adopted by Leading Market Players (2021-2024)
Figure 31 Vendor Market Positioning Analysis (2022-2024)
Figure 32 Competitive Dashboard: Global Power Inverter Market
Figure 33 SMA Solar Technology AG: Financial Overview (2022)
Figure 34 SolarEdge Technologies Inc.: Financial Overview (2022)
Figure 35 Enphase Energy, Inc.: Financial Overview (2022)
Figure 36 Mitsubishi Electric Corporation: Financial Overview (2022)
Figure 37 Huawei Technologies Co., Ltd.: Financial Overview (2022)
Figure 38 General Electric Company: Financial Overview (2022)
Figure 39 Sungrow Power Supply Co., Ltd.: Financial Overview (2022)
Figure 40 Eaton Corporation plc: Financial Overview (2022)
Figure 41 Delta Electronics, Inc.: Financial Overview (2022)
Figure 42 ABB Ltd.: Financial Overview (2022)
Figure 43 Schneider Electric SE: Financial Overview (2022)
Figure 44 Siemens AG: Financial Overview (2022)
Figure 45 Omron Corporation: Financial Overview (2022)