Table of Content

1. Executive Summary


2. Introduction

2.1 Solar Inverter: An Overview
2.1.1 Definition of Solar Inverter
2.1.2 Solar Inverter: Key Components And Their Functions
2.1.3 Comparison Of Different Solar Inverters

2.2 Solar Inverter Segmentation: An Overview
2.2.1 Solar Inverter Segmentation


3. Global Market Analysis

3.1 Global Solar Inverter Market: An Analysis

3.1.1 Global Solar Inverter Market: An Overview
3.1.2 Global Solar Inverter Market by Value
3.1.3 Global Solar Inverter Market by Type (Central, String and Micro)
3.1.4 Global Solar Inverter Market by Phase (Single Phase and Three Phase)
3.1.5 Global Solar Inverter Market by Connection Type (On Grid and Off Grid)
3.1.6 Global Solar Inverter Market by End User (Utilities, Residential and Commercial & Industrial)
3.1.7 Global Solar Inverter Market by Region (North America, Europe, Asia Pacific, and Rest of the World)
3.1.8 Global Solar Inverter Market by Demand

3.2 Global Solar Inverter Market: Type Analysis

3.2.1 Global Solar Inverter Market by Type: An Overview
3.2.2 Global String Solar Inverter Market by Value
3.2.3 Global Central Solar Inverter Market by Value
3.2.4 Global Micro Solar Inverter Market by Value

3.3 Global Solar Inverter Market: Phase Analysis

3.3.1 Global Solar Inverter Market by Phase: An Overview
3.3.2 Global Single Phase Solar Inverter Market by Value
3.3.3 Global Three Phase Solar Inverter Market by Value

3.4 Global Solar Inverter Market: Connection Type Analysis

3.4.1 Global Solar Inverter Market by Connection Type: An Overview
3.4.2 Global On Grid Solar Inverter Market by Value
3.4.3 Global Off Grid Solar Inverter Market by Value

3.5 Global Solar Inverter Market: End User Analysis

3.5.1 Global Solar Inverter Market by End User: An Overview
3.5.2 Global Utilities Solar Inverter Market by Value
3.5.3 Global Residential Solar Inverter Market by Value
3.5.4 Global Commercial & Industrial Solar Inverter Market by Value


4. Regional Market Analysis

4.1 Asia Pacific Solar Inverter Market: An Analysis

4.1.1 Asia Pacific Solar Inverter Market: An Overview
4.1.2 Asia Pacific Solar Inverter Market by Value
4.1.3 Asia Pacific Solar Inverter Market by Region (China, India, Japan, South Korea and Rest of Asia Pacific)
4.1.4 China Solar Inverter Market by Value
4.1.5 India Solar Inverter Market by Value
4.1.6 Japan Solar Inverter Market by Value
4.1.7 South Korea Solar Inverter Market by Value
4.1.8 Rest of Asia Pacific Solar Inverter Market by Value

4.2 North America Solar Inverter Market: An Analysis

4.2.1 North America Solar Inverter Market: An Overview
4.2.2 North America Solar Inverter Market by Value
4.2.3 North America Solar Inverter Market by Region (The US, Canada, and Mexico)
4.2.4 The US Solar Inverter Market by Value
4.2.5 The US Solar Inverter Market by End User (Utilities, Residential and Commercial & Industrial)
4.2.6 The US Utilities Solar Inverter Market by Value
4.2.7 The US Residential & Industrial Solar Inverter Market by Value
4.2.8 The US Commercial Solar Inverter Market by Value
4.2.9 Canada Solar Inverter Market by Value
4.2.10 Mexico Solar Inverter Market by Value

4.3 Europe Solar Inverter Market: An Analysis

4.3.1 Europe Solar Inverter Market: An Overview
4.3.2 Europe Solar Inverter Market by Value
4.3.3 Europe Solar Inverter Market by Region (Germany, UK, France, Italy, Spain and Rest of Europe)
4.3.4 Germany Solar Inverter Market by Value
4.3.5 UK Solar Inverter Market by Value
4.3.6 France Solar Inverter Market by Value
4.3.7 Italy Solar Inverter Market by Value
4.3.8 Spain Solar Inverter Market by Value
4.3.9 Rest of Europe Solar Inverter Market by Value

4.4 Rest of the World Solar Inverter Market: An Analysis

4.4.1 Rest of the World Solar Inverter Market: An Overview
4.4.2 Rest of the World Solar Inverter Market by Value


5. Impact of COVID-19

5.1 Impact of COVID-19 on Global Solar Inverter Market
5.2 Post COVID-19 Impact on Solar Inverter Market


6. Market Dynamics

6.1 Growth Drivers
6.1.1 Growing Replacement Demand for Solar Inverters
6.1.2 Mounting Home Improvement
6.1.3 Rapid Urbanization
6.1.4 Rising Number of Solar Installations Attributed to Government-led Incentives And Schemes
6.1.5 Increasing Power Failures

6.2 Challenges
6.2.1 Safety Risks Associated with High DC Voltages
6.2.2 High Cost of Solar Inverters

6.3 Market Trends
6.3.1 Increasing Demand For Smart Solar Inverters
6.3.2 Inflation Reduction Act (IRA)
6.3.3 Expansion Of Companies in ESS Market
6.3.4 Sustainability
6.3.5 Positive Shift Towards Decentralized Power Generation


7. Competitive Landscape

7.1 Global Solar Inverter Players by Market Share
7.2 Global Solar Inverter (Ex. Residential) Players by Market Share
7.3 Global Solar Inverter Market Players by Plant Utilization
7.4 Global Solar Inverter Market Players by Capacity
7.5 Global Solar Inverter Market Players: Product Comparison
7.6 Global Solar Inverter Market Players: Accessories Supply Comparison
7.7 The US Solar Inverter Players by Market Share


8. Company Profiles

8.1 Schneider Electric SE
8.1.1 Business Overview
8.1.2 Operating Segments
8.1.3 Business Strategy

8.2 SolarEdge Technologies, Inc.
8.2.1 Business Overview
8.2.2 Operating Segments
8.2.3 Business Strategy

8.3 Delta Electronics, Inc.
8.3.1 Business Overview
8.3.2 Operating Segments
8.3.3 Business Strategy

8.4 Huawei Investment & Holding Co. Ltd.
8.4.1 Business Overview
8.4.2 Operating Segments
8.4.3 Business Strategy

8.5 GoodWe
8.5.1 Business Overview
8.5.2 Business Strategy

8.6 Sineng Electric Co., Ltd.
8.6.1 Business Overview
8.6.2 Business Strategy

8.7 Sungrow Power Supply Co., Ltd.
8.7.1 Business Overview
8.7.2 Business Strategy

8.8 SMA Solar Technology AG
8.8.1 Business Overview
8.8.2 Business Strategy

8.9 FIMER S.p.A.
8.9.1 Business Overview
8.9.2 Business Strategy

8.10 Growatt
8.10.1 Business Overview
8.10.2 Business Strategy

8.11 Yaskawa Solectria Solar
8.11.1 Business Overview
8.11.2 Business Strategy

8.12 Ginlong (Solis) Technologies
8.12.1 Business Overview
8.12.2 Business Strategy

8.13 Power Electronics
8.13.1 Business Overview

8.14 Hitachi Hi-Rel Power Electronics Private Limited
8.14.1 Business Overview

List of Figures

Figure 1: Solar Inverter: Key Components And Their Functions
Figure 2: Comparison Of Different Solar Inverters
Figure 3: Solar Inverter Segmentation
Figure 4: Global Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 5: Global Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 6: Global Solar Inverter Market by Type; 2023 (Percentage, %)
Figure 7: Global Solar Inverter Market by Phase; 2023 (Percentage, %)
Figure 8: Global Solar Inverter Market by Connection Type; 2023 (Percentage, %)
Figure 9: Global Solar Inverter Market by End User; 2023 (Percentage, %)
Figure 10: Global Solar Inverter Market by Region; 2023 (Percentage, %)
Figure 11: Global Solar Inverter Market by Demand; 2022-2028 (Giga Watt)
Figure 12: Global String Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 13: Global String Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 14: Global Central Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 15: Global Central Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 16: Global Micro Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 17: Global Micro Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 18: Global Single Phase Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 19: Global Single Phase Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 20: Global Three Phase Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 21: Global Three Phase Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 22: Global On Grid Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 23: Global On Grid Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 24: Global Off Grid Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 25: Global Off Grid Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 26: Global Utilities Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 27: Global Utilities Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 28: Global Residential Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 29: Global Residential Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 30: Global Commercial & Industrial Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 31: Global Commercial & Industrial Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 32: Asia Pacific Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 33: Asia Pacific Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 34: Asia Pacific Solar Inverter Market by Region; 2023 (Percentage, %)
Figure 35: China Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 36: China Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 37: India Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 38: India Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 39: Japan Solar Inverter Market by Value; 2019-2023 (US$ Million)
Figure 40: Japan Solar Inverter Market by Value; 2024-2029 (US$ Million)
Figure 41: South Korea Solar Inverter Market by Value; 2019-2023 (US$ Million)
Figure 42: South Korea Solar Inverter Market by Value; 2024-2029 (US$ Million)
Figure 43: Rest of Asia Pacific Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 44: Rest of Asia Pacific Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 45: North America Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 46: North America Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 47: North America Solar Inverter Market by Region; 2023 (Percentage, %)
Figure 48: The US Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 49: The US Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 50: The US Inverter Market by End User; 2023 (Percentage, %)
Figure 51: The US Utilities Solar Inverter Market by Value; 2019-2023 (US$ Million)
Figure 52: The US Utilities Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 53: The US Residential & Industrial Solar Inverter Market by Value; 2019-2023 (US$ Million)
Figure 54: The US Residential & Industrial Solar Inverter Market by Value; 2024-2029 (US$ Million)
Figure 55: The US Commercial Solar Inverter Market by Value; 2019-2023 (US$ Million)
Figure 56: The US Commercial Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 57: Canada Solar Inverter Market by Value; 2019-2023 (US$ Million)
Figure 58: Canada Solar Inverter Market by Value; 2024-2029 (US$ Million)
Figure 59: Mexico Solar Inverter Market by Value; 2019-2023 (US$ Million)
Figure 60: Mexico Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 61: Europe Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 62: Europe Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 63: Europe Solar Inverter Market by Region; 2023 (Percentage, %)
Figure 64: Germany Solar Inverter Market by Value; 2019-2023 (US$ Million)
Figure 65: Germany Solar Inverter Market by Value; 2024-2029 (US$ Million)
Figure 66: UK Solar Inverter Market by Value; 2019-2023 (US$ Million)
Figure 67: UK Solar Inverter Market by Value; 2024-2029 (US$ Million)
Figure 68: France Solar Inverter Market by Value; 2019-2023 (US$ Million)
Figure 69: France Solar Inverter Market by Value; 2024-2029 (US$ Million)
Figure 70: Italy Solar Inverter Market by Value; 2019-2023 (US$ Million)
Figure 71: Italy Solar Inverter Market by Value; 2024-2029 (US$ Million)
Figure 72: Spain Solar Inverter Market by Value; 2019-2023 (US$ Million)
Figure 73: Spain Solar Inverter Market by Value; 2024-2029 (US$ Million)
Figure 74: Rest of Europe Solar Inverter Market by Value; 2019-2023 (US$ Million)
Figure 75: Rest of Europe Solar Inverter Market by Value; 2024-2029 (US$ Million)
Figure 76: Rest of the World Solar Inverter Market by Value; 2019-2023 (US$ Billion)
Figure 77: Rest of the World Solar Inverter Market by Value; 2024-2029 (US$ Billion)
Figure 78: Global Replacement Demand for Solar Inverters; 2022-2025 (Mega Watt, Percentage, %)
Figure 79: The US Home Improvement Market; 2020-2027 (US$ Billion)
Figure 80: Global Urban Population by Group of Economies; 2017, 2022 & 2050 (Billion)
Figure 81: Global Solar Inverter Players by Market Share; 2023 (Percentage, %)
Figure 82: Global Solar Inverter (Ex. Residential) Players by Market Share; 2023 (Percentage, %)
Figure 83: Global Solar Inverter Market Players by Plant Utilization; 2021 (Percentage, %)
Figure 84: Global Solar Inverter Market Players by Capacity; 2021-2025 (Giga Watt)
Figure 85: The US Solar Inverter Players by Market Share; 2023 (Percentage, %)
Figure 86: Schneider Electric SE Revenue by Segments; 2023 (Percentage, %)
Figure 87: SolarEdge Technologies, Inc. Revenue by Segment; 2023 (Percentage, %)
Figure 88: Delta Electronics, Inc. Revenue by Segments; 2023 (Percentage, %)
Figure 89: Huawei Investment & Holding Co. Ltd. Revenue by Segments; 2023 (Percentage, %)
Table 1: Global Solar Inverter Market Players: Product Comparison
Table 2: Global Solar Inverter Market Players: Accessories Supply Comparison