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PUBLISHER: Meticulous Research | PRODUCT CODE: 1576655

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PUBLISHER: Meticulous Research | PRODUCT CODE: 1576655

Solar Inverter Market Size, Share, Forecast, & Trends Analysis by Product (String, Micro, Power, Hybrid, Central), Grid (On-grid, Off-grid), Phase (Single, Three), End User (Residential, Commercial & Industrial, Utility-Scale) - Global Forecast to 2031

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Solar Inverters Market Size, Share, Forecast, & Trends Analysis by Product (String, Micro, Power, Hybrid, Central), Grid (On-grid, Off-grid), Phase (Single, Three), End User (Residential, Commercial & Industrial, Utility-Scale)-Global Forecast to 2031

The research report titled, 'Solar Inverters Market Size, Share, Forecast, & Trends Analysis by Product (String, Micro, Power, Hybrid, Central), Grid (On-grid, Off-grid), Phase (Single, Three), End User (Residential, Commercial & Industrial, Utility-Scale)-Global Forecast to 2031', provides in-depth analysis of the solar inverters market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2031.

The solar inverters market is projected to reach $18.8 billion by 2031, at a CAGR of 8.9% from 2024 to 2031. The growth of this market is driven by the growing focus on sustainability and environmental concerns, government policies and incentives aimed at promoting the use of renewable energy, and the surge in electricity prices. Furthermore, the integration of solar inverters with energy storage systems and the adoption of smart grid technologies are expected to create market growth opportunities. However, the high installation costs of solar inverters may restrain market growth. Additionally, issues related to the integration of solar power into existing electrical grids pose challenges to the market's growth. Additionally, the integration of digital technologies and Internet of Things (IoT) capabilities into solar inverters is a prominent trend in this market.

The global solar inverters market is segmented by product, grid type, phase, and end user. The study also evaluates industry competitors and analyses the market at the regional and country levels.

Based on product, the global solar inverters market is broadly segmented into string inverters, micro inverters, power optimizers, hybrid inverters, and central inverters. In 2024, the central inverters segment is expected to account for the largest share of over 40.0% of the solar inverters market. The large market share of this segment can be attributed to the increasing demand for cost-effective inverters with high conversion efficiencies, the widespread adoption of central inverters in utility-scale solar farms for connecting large arrays of solar panels, and the increasing utilization of these inverters in commercial and industrial solar projects, such as rooftop installations on warehouses and factories, as well as in solar power plants and microgrid installations.

However, the hybrid inverters segment is projected to register the highest growth rate during the forecast period of 2024 to 2031. The growth of this segment is driven by the growing integration of energy storage systems with solar PV installations, the rising need to reduce reliance on the grid and achieve energy independence, and the continuous technological advancements in energy storage systems.

Based on grid type, the global solar inverters market is broadly segmented into on-grid, off-grid, and hybrid. In 2024, the on-grid segment is expected to account for the largest share of over 70.0% of the solar inverters market. The large market share of this segment is attributed to its simplicity, cost-effectiveness, and compatibility with existing grid infrastructure. Additionally, the rising need to reduce reliance on traditional fossil fuel-based electricity generation drives the demand for on-grid solar inverters in residential, commercial, and utility-scale solar PV installations.

However, the hybrid segment is projected to register the highest growth rate during the forecast period of 2024 to 2031. The growth of this segment is driven by the increasing demand for systems capable of operating in both grid-tied and off-grid modes to maximize the self-consumption of solar energy and reduce reliance on grid-supplied electricity. Additionally, the rising utilization of hybrid solar inverters for remote or off-grid applications, particularly in areas where access to the utility grid is limited or unavailable, contributes to the growth of this segment.

Based on phase, the global solar inverters market is broadly single-phase solar inverters and three-phase solar inverters. In 2024, the three-phase solar inverters segment is expected to account for the largest share of over 75.0% of the solar inverters market. The large market share of this segment can be attributed to the increasing utilization of three-phase solar inverters in commercial and industrial sectors due to their capacity to handle higher power loads and deliver higher efficiency compared to single-phase solar inverters. Additionally, the rising adoption of three-phase solar inverters in utility-scale solar projects due to their scalability and compatibility with the grid contributes to the significant market share of this segment.

Moreover, the three-phase solar inverters segment is projected to register the highest growth rate during the forecast period of 2024 to 2031. This growth is driven by the increasing initiatives by market players to expand their product portfolios and enhance the capabilities of their existing products. For instance, in March 2022, Delta Electronics, Inc. (Taiwan) launched its new M100A Flex three-phase inverter. With a power range of 15 to 250kW, these inverters are suitable for residential and commercial rooftop PV projects. Featuring a robust IP66 enclosure and compact design for easy transport, they are suitable for both indoor and outdoor installations across various commercial and industrial applications.

Based on end user, the global solar inverters market is broadly segmented into residential, commercial & industrial (C&I), utility-scale, and other end users. In 2024, the utility-scale segment is expected to account for the largest share of over 52.0% of the solar inverters market. The large market share of this segment can be attributed to the rising deployment of large-scale solar projects globally aimed at expanding renewable energy capacity and curbing greenhouse gas emissions, supportive policies and regulations from governments encouraging the development of utility-scale solar projects, and the increasing demand for large-scale solar PV installations to generate electricity for distribution to the utility grid. Moreover, the utility-scale segment is projected to register the highest growth rate during the forecast period of 2024 to 2031.

Based on geography, the global solar inverters 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 over 60.0% of the solar inverters market, followed by Europe, North America, Latin America, and the Middle East & Africa. Asia-Pacific's significant market share can be attributed to various factors, including supportive government policies and regulatory frameworks, increasing investments in green energy resources, increasing deployment of solar energy projects, capacity expansion initiatives in power generation plants, rising sustainability and environmental concerns, and the comparatively lower costs of solar energy compared to conventional fossil fuel-based electricity generation.

Moreover, the market in Asia-Pacific is projected to register the highest CAGR of 10.0% during the forecast period.

Key Players:

The key players operating in the solar inverters market are Siemens AG (Germany), Schneider Electric SE (France), Hitachi Hi-Rel Power Electronics Pvt. Ltd. (India), Sungrow Power Supply Co., Ltd. (China), Huawei Technologies Co., Ltd. (China), Ginlong Technologies Co., Ltd. (China), Growatt (China), SMA Solar Technology AG (Germany), Power Electronics S.L. (U.S.), FIMER S.p.A. (Italy), TMEIC (U.S.), SolarEdge Technologies Inc. (Israel), Sineng Electric Co., Ltd. (China), ABB Ltd (Switzerland), Luminous Power Technologies Pvt. Ltd. (India), Nexus Solar Energy (India), Waaree Energies Ltd. (India), Delta Electronics, Inc. (Taiwan), Enphase Energy Inc. (U.S.), Fuji Electric Co., Ltd. (Japan), and Havells India Ltd. (India).

Key questions answered in the report-

  • Which are the high-growth segments in the solar inverters market based on product, grid type, phase, end user, and geography?
  • What is the historical market size for solar inverters across the globe?
  • What are the market forecasts and estimates for the period 2024-2031?
  • What are the major drivers, restraints, opportunities, and challenges in the solar inverters market?
  • Who are the major players, and what shares do they hold in the solar inverters market?
  • What is the competitive landscape like in the solar inverters market?
  • What are the recent developments in the solar inverters market?
  • What are the different strategies adopted by the major players in the solar inverters market?
  • What are the key geographic trends, and which are the high-growth countries in the solar inverters market?
  • Who are the local emerging players in the solar inverters market, and how do they compete with the other players?

Scope of the report:

Solar Inverters Market Assessment-by Product

  • String Inverters
  • Micro Inverters
  • Power Optimizers
  • Hybrid Inverters
  • Central Inverters

Solar Inverters Market Assessment-by Grid Type

  • On-grid
  • Off-grid
  • Hybrid

Solar Inverters Market Assessment-by Phase

  • Single-phase Solar Inverters
  • Three-phase Solar Inverters

Solar Inverters Market Assessment-by End User

  • Residential
  • Commercial & Industrial (C&I)
  • Utility-Scale
  • Other End users

Global Solar Inverters Market Assessment-by Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Thailand
    • Singapore
    • Rest of Asia-Pacific
  • Latin America
    • Mexico
    • Argentina
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • South Africa
    • UAE
    • Saudi Arabia
    • Rest of Middle East & Africa
Product Code: MROTH - 1041146

TABLE OF CONTENTS

1. Introduction

  • 1.1 Market Definition & Scope
  • 1.2 Market Ecosystem
  • 1.3 Currency & Limitations
  • 1.4 Key Stakeholders

2. Research Methodology

  • 2.1 Research Approach
  • 2.2 Data Collection & Validation
    • 2.2.1 Secondary Research
    • 2.2.2 Primary Research
  • 2.3 Market Assessment
    • 2.3.1 Market Size Estimation
    • 2.3.2 Bottom-up Approach
    • 2.3.3 Top-down Approach
    • 2.3.4 Growth Forecast
  • 2.4 Assumptions for the Study

3. Executive Summary

  • 3.1 Market Overview
  • 3.2 Market Analysis, by Product
  • 3.3 Market Analysis, by Grid Type
  • 3.4 Market Analysis, by Phase
  • 3.5 Market Analysis, by End User
  • 3.6 Market Analysis, by Geography
  • 3.7 Competitive Analysis

4. Market Insights

  • 4.1 Overview
  • 4.2 Factors Affecting Market Growth
    • 4.2.1 Drivers
      • 4.2.1.1 Growing Focus on Sustainability and Environmental Concerns
      • 4.2.1.2 Government Policies and Incentives Aimed at Promoting the Use of Renewable Energy
      • 4.2.1.3 Surge in Electricity Prices
    • 4.2.2 Restraints
      • 4.2.2.1 High Installation Costs of Solar Inverters
    • 4.2.3 Opportunities
      • 4.2.3.1 Integration of Solar Inverters with Energy Storage Systems
      • 4.2.3.2 Adoption of Smart Grid Technologies
    • 4.2.4 Challenges
      • 4.2.4.1 Issues Related to the Integration of Solar Power Into Existing Electrical Grids
    • 4.2.5 Trend
      • 4.2.5.1 Integration of Digital Technologies and Internet of Things (IoT) Capabilities into Solar Inverters
  • 4.3 Comparison Between On-grid, Off-grid, and Hybrid

5. Global Solar Inverter Market Assessment-by Product

  • 5.1 Overview
  • 5.2 String Inverters
  • 5.3 Micro Inverters
  • 5.4 Power Optimizers
  • 5.5 Hybrid Inverters
  • 5.6 Central Inverters

6. Global Solar Inverter Market Assessment-by Grid Type

  • 6.1 Overview
  • 6.2 On-grid
  • 6.3 Off-grid
  • 6.4 Hybrid

7. Global Solar Inverter Market Assessment-by Phase

  • 7.1 Overview
  • 7.2 Single-phase Solar Inverters
  • 7.3 Three-phase Solar Inverters

8. Global Solar Inverter Market Assessment-by End User

  • 8.1 Overview
  • 8.2 Residential
  • 8.3 Commercial & Industrial (C&I)
  • 8.4 Utility-Scale
  • 8.5 Other End Users

9. Solar Inverter Market Assessment-by Geography

  • 9.1 Overview
  • 9.2 North America
    • 9.2.1 U.S.
    • 9.2.2 Canada
  • 9.3 Europe
    • 9.3.1 Germany
    • 9.3.2 U.K.
    • 9.3.3 France
    • 9.3.4 Italy
    • 9.3.5 Spain
    • 9.3.6 Russia
    • 9.3.7 Netherlands
    • 9.3.8 Rest of Europe
  • 9.4 Asia-Pacific
    • 9.4.1 China
    • 9.4.2 Japan
    • 9.4.3 India
    • 9.4.4 South Korea
    • 9.4.5 Thailand
    • 9.4.6 Singapore
    • 9.4.7 Rest of Asia-Pacific
  • 9.5 Latin America
    • 9.5.1 Brazil
    • 9.5.2 Mexico
    • 9.5.3 Argentina
    • 9.5.4 Rest of Latin America
  • 9.6 Middle East & Africa
    • 9.6.1 UAE
    • 9.6.2 Saudi Arabia
    • 9.6.3 South Africa
    • 9.6.4 Rest of Middle East & Africa

10. Global Solar Inverter Market Assessment-Competitive Analysis

  • 10.1 Overview
  • 10.2 Key Growth Strategies
  • 10.3 Competitive Benchmarking
  • 10.4 Competitive Dashboard
    • 10.4.1 Industry Leaders
    • 10.4.2 Market differentiators
    • 10.4.3 Vanguards
    • 10.4.4 Emerging Companies
  • 10.5 Market Share Analysis

11. Company Profiles (Company Overview, Financial Overview, Product Portfolio, and Recent Developments)

  • 11.1 Siemens AG
  • 11.2 Schneider Electric SE
  • 11.3 Hitachi Hi-Rel Power Electronics Pvt. Ltd.
  • 11.4 Sungrow Power Supply Co., Ltd.
  • 11.5 Huawei Technologies Co., Ltd.
  • 11.6 Ginlong Technologies Co., Ltd.
  • 11.7 Growatt
  • 11.8 SMA Solar Technology AG
  • 11.9 Power Electronics S.L.
  • 11.10 FIMER S.p.A.
  • 11.11 TMEIC
  • 11.12 SolarEdge Technologies Inc.
  • 11.13 Sineng Electric Co., Ltd.
  • 11.14 ABB Ltd
  • 11.15 Luminous Power Technologies Pvt. Ltd.
  • 11.16 Nexus Solar Energy
  • 11.17 Waaree Energies Ltd.
  • 11.18 Delta Electronics, Inc.
  • 11.19 Enphase Energy Inc.
  • 11.20 Havells India Ltd.
  • 11.21 Fuji Electric Co., Ltd.

(Note: SWOT Analysis of the Top 5 Companies will be Provided)

12. Appendix

  • 12.1 Available Customization
  • 12.2 Related Reports
Product Code: MROTH - 1041146

LIST OF TABLES

  • Table 1 Currency Conversion Rate (2019-2023)
  • Table 2 Global Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 3 Global String Inverter Market, by Country/Region, 2022-2031 (USD Million)
  • Table 4 Global Micro Inverter Market, by Country/Region, 2022-2031 (USD Million)
  • Table 5 Global Power Optimizers Market, by Country/Region, 2022-2031 (USD Million)
  • Table 6 Global Hybrid Inverters Market, by Country/Region, 2022-2031 (USD Million)
  • Table 7 Global Central Inverters Market, by Country/Region, 2022-2031 (USD Million)
  • Table 8 Global Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 9 Global On-grid Solar Inverter Market, by Country/Region, 2022-2031 (USD Million)
  • Table 10 Global Off-grid Solar Inverter Market, by Country/Region, 2022-2031 (USD Million)
  • Table 11 Global Hybrid Solar Inverter Market, by Country/Region, 2022-2031 (USD Million)
  • Table 12 Global Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 13 Global Single-Phase Solar Inverter Market, by Country/Region, 2022-2031 (USD Million)
  • Table 14 Global Three-Phase Solar Inverter Market, by Country/Region, 2022-2031 (USD Million)
  • Table 15 Global Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 16 Global Solar Inverter Market Residential, by Country/Region, 2022-2031 (USD Million)
  • Table 17 Global Solar Inverter Market Commercial & Industrial (C&I), by Country/Region, 2022-2031 (USD Million)
  • Table 18 Global Solar Inverter Market Utility-Scale, by Country/Region, 2022-2031 (USD Million)
  • Table 19 Global Solar Inverter Market Other End Users, by Country/Region, 2022-2031 (USD Million)
  • Table 20 Global Solar Inverter Market, by Country/Region, 2022-2031 (USD Million)
  • Table 21 North America: Solar Inverter Market, by Country, 2022-2031 (USD Million)
  • Table 22 North America: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 23 North America: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 24 North America: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 25 North America: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 26 U.S.: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 27 U.S.: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 28 U.S.: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 29 U.S.: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 30 Canada: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 31 Canada: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 32 Canada: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 33 Canada: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 34 Europe: Solar Inverter Market, by Country/Region, 2022-2031 (USD Million)
  • Table 35 Europe: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 36 Europe: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 37 Europe: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 38 Europe: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 39 Germany: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 40 Germany: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 41 Germany: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 42 Germany: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 43 U.K.: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 44 U.K.: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 45 U.K.: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 46 U.K.: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 47 France: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 48 France: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 49 France: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 50 France: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 51 Italy: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 52 Italy: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 53 Italy: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 54 Italy: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 55 Spain: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 56 Spain: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 57 Spain: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 58 Spain: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 59 Russia: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 60 Russia: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 61 Russia: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 62 Russia: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 63 Netherlands: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 64 Netherlands: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 65 Netherlands: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 66 Netherlands: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 67 Rest of Europe: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 68 Rest of Europe: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 69 Rest of Europe: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 70 Rest of Europe: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 71 Asia-Pacific: Solar Inverter Market, by Country/Region, 2022-2031 (USD Million)
  • Table 72 Asia-Pacific: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 73 Asia-Pacific: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 74 Asia-Pacific: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 75 Asia-Pacific: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 76 China: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 77 China: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 78 China: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 79 China: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 80 Japan: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 81 Japan: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 82 Japan: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 83 Japan: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 84 India: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 85 India: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 86 India: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 87 India: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 88 South Korea: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 89 South Korea: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 90 South Korea: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 91 South Korea: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 92 Thailand: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 93 Thailand: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 94 Thailand: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 95 Thailand: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 96 Singapore: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 97 Singapore: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 98 Singapore: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 99 Singapore: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 100 Rest of Asia-Pacific: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 101 Rest of Asia-Pacific: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 102 Rest of Asia-Pacific: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 103 Rest of Asia-Pacific: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 104 Latin America: Solar Inverter Market, by Country/Region, 2022-2031 (USD Million)
  • Table 105 Latin America: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 106 Latin America: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 107 Latin America: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 108 Latin America: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 109 Brazil: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 110 Brazil: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 111 Brazil: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 112 Brazil: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 113 Mexico: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 114 Mexico: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 115 Mexico: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 116 Mexico: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 117 Argentina: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 118 Argentina: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 119 Argentina: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 120 Argentina: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 121 Rest of Latin America: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 122 Rest of Latin America: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 123 Rest of Latin America: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 124 Rest of Latin America: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 125 Middle East & Africa: Solar Inverter Market, by Country/Region, 2022-2031 (USD Million)
  • Table 126 Middle East & Africa: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 127 Middle East & Africa: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 128 Middle East & Africa: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 129 Middle East & Africa: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 130 UAE: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 131 UAE: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 132 UAE: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 133 UAE: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 134 Saudi Arabia: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 135 Saudi Arabia: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 136 Saudi Arabia: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 137 Saudi Arabia: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 138 South Africa: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 139 South Africa: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 140 South Africa: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 141 South Africa: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 142 Rest of Middle East & Africa: Solar Inverter Market, by Product, 2022-2031 (USD Million)
  • Table 143 Rest of Middle East & Africa: Solar Inverter Market, by Grid Type, 2022-2031 (USD Million)
  • Table 144 Rest of Middle East & Africa: Solar Inverter Market, by Phase, 2022-2031 (USD Million)
  • Table 145 Rest of Middle East & Africa: Solar Inverter Market, by End User, 2022-2031 (USD Million)
  • Table 146 Recent Developments by Major Market Players (2021-2024)

LIST OF FIGURES

  • Figure 1 Currency and Limitations
  • Figure 2 Research Process
  • Figure 3 Primary Research Techniques
  • Figure 4 Key Executives Interviewed
  • Figure 5 Breakdown of Primary Interviews (Supply Side & Demand Side)
  • Figure 6 Market Sizing and Growth Forecast Approach
  • Figure 7 Key Insights
  • Figure 8 Solar Inverter Market, by Product, 2024 vs. 2031 (USD Million)
  • Figure 9 Solar Inverter Market, by Grid Type, 2024 vs. 2031 (USD Million)
  • Figure 10 Solar Inverter Market, by Phase, 2024 vs. 2031 (USD Million)
  • Figure 11 Solar Inverter Market, by End User, 2024 vs. 2031 (USD Million)
  • Figure 12 Geographic Snapshot: Global Solar Inverter Market
  • Figure 13 Impact Analysis of Market Dynamics
  • Figure 14 Solar Inverter Market, by Product, 2024 vs. 2031 (USD Million)
  • Figure 15 Solar Inverter Market, by Grid Type, 2024 vs. 2031 (USD Million)
  • Figure 16 Solar Inverter Market, by Phase, 2024 vs. 2031 (USD Million)
  • Figure 17 Solar Inverter Market, by End User, 2024 vs. 2031 (USD Million)
  • Figure 18 Global Solar Inverter Market, by Region, 2024 vs. 2031 (USD Million)
  • Figure 19 North America: Solar Inverter Market Snapshot
  • Figure 20 Europe: Solar Inverter Market Snapshot
  • Figure 21 Asia-Pacific: Solar Inverter Market Snapshot
  • Figure 22 Latin America: Solar Inverter Market Snapshot
  • Figure 23 Middle East & Africa: Solar Inverter Market Snapshot
  • Figure 24 Growth Strategies Adopted by Leading Market Players (2022-2024)
  • Figure 25 Competitive Benchmarking Analysis (2022-2024)
  • Figure 26 Competitive Dashboard: Solar Inverter Market
  • Figure 27 Siemens AG: Financial Overview (2024)
  • Figure 28 Schneider Electric SE: Financial Overview (2024)
  • Figure 29 SMA Solar Technology AG: Financial Overview (2024)
  • Figure 30 SolarEdge Technologies Inc.: Financial Overview (2024)
  • Figure 31 ABB Ltd: Financial Overview (2024)
  • Figure 32 Enphase Energy Inc.: Financial Overview (2024)
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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