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PUBLISHER: Value Market Research | PRODUCT CODE: 1498679

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PUBLISHER: Value Market Research | PRODUCT CODE: 1498679

Global Commercial & Industrial PV Inverter Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

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The global demand for Commercial & Industrial PV Inverter Market is presumed to reach the market size of nearly USD 65.87 Billion by 2032 from USD 19.77 Billion in 2023 with a CAGR of 14.31% under the study period 2024-2032.

A commercial and industrial PV (photovoltaic) inverter is a crucial component in solar power systems, transforming the direct current produced by solar panels into alternating current for commercial and industrial applications. These inverters are designed to handle higher power outputs and provide features like maximum power point tracking (MPPT), grid compatibility, and remote monitoring. They ensure optimal energy conversion efficiency and reliability for large-scale solar installations. The demand for commercial and industrial PV inverters is driven by the rising adoption of renewable energy solutions, the need for sustainable energy management, and incentives for reducing carbon footprints in commercial and industrial sectors.

MARKET DYNAMICS

The rising focus on sustainability and corporate social responsibility (CSR) initiatives among commercial and industrial enterprises is driving the growth of the commercial & industrial PV inverter market. As companies seek to lower their carbon footprint and shift towards renewable energy sources, solar power emerges as a viable option to meet their electricity needs while achieving environmental objectives. Additionally, the declining cost of solar photovoltaic (PV) technology & the availability of government incentives and subsidies for solar installations make solar energy more economically attractive for commercial and industrial users. Furthermore, advancements in PV inverter technology, such as improved efficiency, reliability, and grid compatibility, are driving the adoption of commercial and industrial-scale solar installations. Businesses and industries increasingly invest in high-quality PV inverters with enhanced performance, monitoring capabilities, and grid support functionalities to maximize their solar projects' return on investment (ROI). Moreover, the rising energy demand from commercial and industrial sectors, volatile electricity prices, and concerns about grid stability encourage businesses to invest in onsite solar power generation and energy storage solutions. PV inverters with advanced features like grid-tied capabilities, reactive power control, and voltage regulation enable seamless incorporation of solar energy systems with existing power infrastructure, enhancing energy independence and resilience for commercial and industrial facilities. Additionally, the growing trend towards distributed energy resources (DERs) and microgrid deployment in commercial and industrial settings further drives the demand for flexible and intelligent commercial & industrial PV inverters that can support complex energy management strategies and optimize renewable energy resources. However, grid integration issues and high initial investment costs may challenge the commercial & industrial PV inverter market growth in the coming years.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Commercial & Industrial PV Inverter. The growth and trends of Commercial & Industrial PV Inverter industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Commercial & Industrial PV Inverter market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Product

  • String
  • Micro
  • Central

By Phase

  • Single phase
  • Three phase

By Connectivity

  • Standalone
  • On Grid

By Nominal Output Voltage

  • 230 - 400 V
  • 400 - 600 V

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Commercial & Industrial PV Inverter market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Commercial & Industrial PV Inverter market include Canadian Solar, Delta Electronics Inc., Darfon Electronics Corp., Eaton, Fimer Group, Ginlong Technologies, GoodWe, Growatt New Energy, Huawei Technologies Co. Ltd., Schneider Electric, MAolar Technology AG, Sungrow, SolarEdge Technologies Inc., Sineng Electric Co. Ltd., Tabuchi Electric Co. Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR112114885

TABLE OF CONTENTS

1. PREFACE

  • 1.1. Report Description
    • 1.1.1 Objective
    • 1.1.2 Target Audience
    • 1.1.3 Unique Selling Proposition (USP) & offerings
  • 1.2. Research Scope
  • 1.3. Research Methodology
    • 1.3.1 Market Research Process
    • 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

  • 2.1. Highlights of Market
  • 2.2. Global Market Snapshot

3. COMMERCIAL & INDUSTRIAL PV INVERTER - INDUSTRY ANALYSIS

  • 3.1. Introduction - Market Dynamics
  • 3.2. Market Drivers
  • 3.3. Market Restraints
  • 3.4. Opportunities
  • 3.5. Industry Trends
  • 3.6. Porter's Five Force Analysis
  • 3.7. Market Attractiveness Analysis
    • 3.7.1 Market Attractiveness Analysis By Product
    • 3.7.2 Market Attractiveness Analysis By Phase
    • 3.7.3 Market Attractiveness Analysis By Connectivity
    • 3.7.4 Market Attractiveness Analysis By Nominal Output Voltage
    • 3.7.5 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

  • 4.1. Value Chain Analysis
  • 4.2. Raw Material Analysis
    • 4.2.1 List of Raw Materials
    • 4.2.2 Raw Material Manufactures List
    • 4.2.3 Price Trend of Key Raw Materials
  • 4.3. List of Potential Buyers
  • 4.4. Marketing Channel
    • 4.4.1 Direct Marketing
    • 4.4.2 Indirect Marketing
    • 4.4.3 Marketing Channel Development Trend

5. GLOBAL COMMERCIAL & INDUSTRIAL PV INVERTER MARKET ANALYSIS BY PRODUCT

  • 5.1. Overview By Product
  • 5.2. Historical and Forecast Data Analysis By Product
  • 5.3. String Historic and Forecast Sales By Regions
  • 5.4. Micro Historic and Forecast Sales By Regions
  • 5.5. Central Historic and Forecast Sales By Regions

6. GLOBAL COMMERCIAL & INDUSTRIAL PV INVERTER MARKET ANALYSIS BY PHASE

  • 6.1. Overview By Phase
  • 6.2. Historical and Forecast Data Analysis By Phase
  • 6.3. Single phase Historic and Forecast Sales By Regions
  • 6.4. Three phase Historic and Forecast Sales By Regions

7. GLOBAL COMMERCIAL & INDUSTRIAL PV INVERTER MARKET ANALYSIS BY CONNECTIVITY

  • 7.1. Overview By Connectivity
  • 7.2. Historical and Forecast Data Analysis By Connectivity
  • 7.3. Standalone Historic and Forecast Sales By Regions
  • 7.4. On Grid Historic and Forecast Sales By Regions

8. GLOBAL COMMERCIAL & INDUSTRIAL PV INVERTER MARKET ANALYSIS BY NOMINAL OUTPUT VOLTAGE

  • 8.1. Overview By Nominal Output Voltage
  • 8.2. Historical and Forecast Data Analysis By Nominal Output Voltage
  • 8.3. 230 - 400 V Historic and Forecast Sales By Regions
  • 8.4. 400 - 600 V Historic and Forecast Sales By Regions

9. GLOBAL COMMERCIAL & INDUSTRIAL PV INVERTER MARKET ANALYSIS BY GEOGRAPHY

  • 9.1. Regional Outlook
  • 9.2. Introduction
  • 9.3. North America Sales Analysis
    • 9.3.1 Overview, Historic and Forecast Data Sales Analysis
    • 9.3.2 North America By Segment Sales Analysis
    • 9.3.3 North America By Country Sales Analysis
    • 9.3.4 United States Sales Analysis
    • 9.3.5 Canada Sales Analysis
    • 9.3.6 Mexico Sales Analysis
  • 9.4. Europe Sales Analysis
    • 9.4.1 Overview, Historic and Forecast Data Sales Analysis
    • 9.4.2 Europe By Segment Sales Analysis
    • 9.4.3 Europe By Country Sales Analysis
    • 9.4.4 United Kingdom Sales Analysis
    • 9.4.5 France Sales Analysis
    • 9.4.6 Germany Sales Analysis
    • 9.4.7 Italy Sales Analysis
    • 9.4.8 Russia Sales Analysis
    • 9.4.9 Rest Of Europe Sales Analysis
  • 9.5. Asia Pacific Sales Analysis
    • 9.5.1 Overview, Historic and Forecast Data Sales Analysis
    • 9.5.2 Asia Pacific By Segment Sales Analysis
    • 9.5.3 Asia Pacific By Country Sales Analysis
    • 9.5.4 China Sales Analysis
    • 9.5.5 India Sales Analysis
    • 9.5.6 Japan Sales Analysis
    • 9.5.7 South Korea Sales Analysis
    • 9.5.8 Australia Sales Analysis
    • 9.5.9 South East Asia Sales Analysis
    • 9.5.10 Rest Of Asia Pacific Sales Analysis
  • 9.6. Latin America Sales Analysis
    • 9.6.1 Overview, Historic and Forecast Data Sales Analysis
    • 9.6.2 Latin America By Segment Sales Analysis
    • 9.6.3 Latin America By Country Sales Analysis
    • 9.6.4 Brazil Sales Analysis
    • 9.6.5 Argentina Sales Analysis
    • 9.6.6 Peru Sales Analysis
    • 9.6.7 Chile Sales Analysis
    • 9.6.8 Rest of Latin America Sales Analysis
  • 9.7. Middle East & Africa Sales Analysis
    • 9.7.1 Overview, Historic and Forecast Data Sales Analysis
    • 9.7.2 Middle East & Africa By Segment Sales Analysis
    • 9.7.3 Middle East & Africa By Country Sales Analysis
    • 9.7.4 Saudi Arabia Sales Analysis
    • 9.7.5 UAE Sales Analysis
    • 9.7.6 Israel Sales Analysis
    • 9.7.7 South Africa Sales Analysis
    • 9.7.8 Rest Of Middle East And Africa Sales Analysis

10. COMPETITIVE LANDSCAPE OF THE COMMERCIAL & INDUSTRIAL PV INVERTER COMPANIES

  • 10.1. Commercial & Industrial PV Inverter Market Competition
  • 10.2. Partnership/Collaboration/Agreement
  • 10.3. Merger And Acquisitions
  • 10.4. New Product Launch
  • 10.5. Other Developments

11. COMPANY PROFILES OF COMMERCIAL & INDUSTRIAL PV INVERTER INDUSTRY

  • 11.1. Top Companies Market Share Analysis
  • 11.2. Market Concentration Rate
  • 11.3. Canadian Solar
    • 11.3.1 Company Overview
    • 11.3.2 Company Revenue
    • 11.3.3 Products
    • 11.3.4 Recent Developments
  • 11.4. Delta Electronics Inc.
    • 11.4.1 Company Overview
    • 11.4.2 Company Revenue
    • 11.4.3 Products
    • 11.4.4 Recent Developments
  • 11.5. Darfon Electronics Corp.
    • 11.5.1 Company Overview
    • 11.5.2 Company Revenue
    • 11.5.3 Products
    • 11.5.4 Recent Developments
  • 11.6. Eaton
    • 11.6.1 Company Overview
    • 11.6.2 Company Revenue
    • 11.6.3 Products
    • 11.6.4 Recent Developments
  • 11.7. Fimer Group
    • 11.7.1 Company Overview
    • 11.7.2 Company Revenue
    • 11.7.3 Products
    • 11.7.4 Recent Developments
  • 11.8. Ginlong Technologies
    • 11.8.1 Company Overview
    • 11.8.2 Company Revenue
    • 11.8.3 Products
    • 11.8.4 Recent Developments
  • 11.9. GoodWe
    • 11.9.1 Company Overview
    • 11.9.2 Company Revenue
    • 11.9.3 Products
    • 11.9.4 Recent Developments
  • 11.10. Growatt New Energy
    • 11.10.1 Company Overview
    • 11.10.2 Company Revenue
    • 11.10.3 Products
    • 11.10.4 Recent Developments
  • 11.11. Huawei Technologies Co. Ltd.
    • 11.11.1 Company Overview
    • 11.11.2 Company Revenue
    • 11.11.3 Products
    • 11.11.4 Recent Developments
  • 11.12. Schneider Electric
    • 11.12.1 Company Overview
    • 11.12.2 Company Revenue
    • 11.12.3 Products
    • 11.12.4 Recent Developments
  • 11.13. MAolar Technology AG
    • 11.13.1 Company Overview
    • 11.13.2 Company Revenue
    • 11.13.3 Products
    • 11.13.4 Recent Developments
  • 11.14. Sungrow
    • 11.14.1 Company Overview
    • 11.14.2 Company Revenue
    • 11.14.3 Products
    • 11.14.4 Recent Developments
  • 11.15. SolarEdge Technologies Inc.
    • 11.15.1 Company Overview
    • 11.15.2 Company Revenue
    • 11.15.3 Products
    • 11.15.4 Recent Developments
  • 11.16. Sineng Electric Co. Ltd.
    • 11.16.1 Company Overview
    • 11.16.2 Company Revenue
    • 11.16.3 Products
    • 11.16.4 Recent Developments
  • 11.17. Tabuchi Electric Co. Ltd
    • 11.17.1 Company Overview
    • 11.17.2 Company Revenue
    • 11.17.3 Products
    • 11.17.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies

Product Code: VMR112114885

LIST OF TABLES

  • Market Snapshot
  • Drivers: Impact Analysis
  • Restraints: Impact Analysis
  • List of Raw Material
  • List of Raw Material Manufactures
  • Analysis By Product (MW and USD MN)
  • String Market Sales By Geography (MW and USD MN)
  • Micro Market Sales By Geography (MW and USD MN)
  • Central Market Sales By Geography (MW and USD MN)
  • Analysis By Phase (MW and USD MN)
  • Single phase Market Sales By Geography (MW and USD MN)
  • Three phase Market Sales By Geography (MW and USD MN)
  • Analysis By Connectivity (MW and USD MN)
  • Standalone Market Sales By Geography (MW and USD MN)
  • On Grid Market Sales By Geography (MW and USD MN)
  • Analysis By Nominal Output Voltage (MW and USD MN)
  • 230 - 400 V Market Sales By Geography (MW and USD MN)
  • 400 - 600 V Market Sales By Geography (MW and USD MN)
  • Global Commercial & Industrial PV Inverter Market Sales By Geography (MW and USD MN)
  • North America Market Analysis (MW and USD MN)
  • United States Market Analysis (MW and USD MN)
  • Canada Market Analysis (MW and USD MN)
  • Mexico Market Analysis (MW and USD MN)
  • Europe Market Analysis (MW and USD MN)
  • Europe Market Estimate By Country (MW and USD MN)
  • United Kingdom Market Analysis (MW and USD MN)
  • France Market Analysis (MW and USD MN)
  • Germany Market Analysis (MW and USD MN)
  • Italy Market Analysis (MW and USD MN)
  • Russia Market Analysis (MW and USD MN)
  • Spain Market Analysis (MW and USD MN)
  • Rest of Europe Market Analysis (MW and USD MN)
  • Asia Pacific Market Analysis (MW and USD MN)
  • China Market Analysis (MW and USD MN)
  • Japan Market Analysis (MW and USD MN)
  • India Market Analysis (MW and USD MN)
  • South Korea Market Analysis (MW and USD MN)
  • Australia Market Analysis (MW and USD MN)
  • South East Asia Market Analysis (MW and USD MN)
  • Rest of Asia Pacific Market Analysis (MW and USD MN)
  • Latin America Market Analysis (MW and USD MN)
  • Brazil Market Analysis (MW and USD MN)
  • Argentina Market Analysis (MW and USD MN)
  • Peru Market Analysis (MW and USD MN)
  • Chile Market Analysis (MW and USD MN)
  • Rest of Latin America Market Analysis (MW and USD MN)
  • Middle East & Africa Market Analysis (MW and USD MN)
  • Saudi Arabia Market Analysis (MW and USD MN)
  • UAE Market Analysis (MW and USD MN)
  • Israel Market Analysis (MW and USD MN)
  • South Africa Market Analysis (MW and USD MN)
  • Rest of Middle East and Africa Market Analysis (MW and USD MN)
  • Partnership/Collaboration/Agreement
  • Mergers And Acquisition

LIST OF FIGURES

  • Research Scope of Commercial & Industrial PV Inverter Report
  • Market Research Process
  • Market Research Methodology
  • Global Commercial & Industrial PV Inverter Market Size, By Region (MW and USD MN)
  • Porters Five Forces Analysis
  • Market Attractiveness Analysis By Product
  • Market Attractiveness Analysis By Phase
  • Market Attractiveness Analysis By Connectivity
  • Market Attractiveness Analysis By Nominal Output Voltage
  • Market Attractiveness Analysis By Region
  • Value Chain Analysis
  • Global Market Analysis By Product (MW and USD MN)
  • String Market Sales By Geography (MW and USD MN)
  • Micro Market Sales By Geography (MW and USD MN)
  • Central Market Sales By Geography (MW and USD MN)
  • Global Market Analysis By Phase (MW and USD MN)
  • Single phase Market Sales By Geography (MW and USD MN)
  • Three phase Market Sales By Geography (MW and USD MN)
  • Global Market Analysis By Connectivity (MW and USD MN)
  • Standalone Market Sales By Geography (MW and USD MN)
  • On Grid Market Sales By Geography (MW and USD MN)
  • Global Market Analysis By Nominal Output Voltage (MW and USD MN)
  • 230 - 400 V Market Sales By Geography (MW and USD MN)
  • 400 - 600 V Market Sales By Geography (MW and USD MN)
  • Global Market Sales (MW and USD MN)
  • North America Market Sales (MW and USD MN)
  • Europe Market Sales (MW and USD MN)
  • Asia Pacific Market Sales (MW and USD MN)
  • Latin America Market Sales (MW and USD MN)
  • Middle East & Africa Market Sales (MW and USD MN)
  • Recent Development in Industry
  • Top Company Market Share Analysis

Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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