Utility Inverters Market

The global Utility Inverters market was valued at US$ 1.2 billion in 2023 and is projected to reach US$ 2.4 billion by 2030, at a CAGR of 10.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.

Central Inverters Segment to Reach $ Million by 2030, with a % CAGR in next six years.

The global key manufacturers of Utility Inverters include SMA, KACO, Parker, ABB, Solectria Solar, Huawei, Fimer, GOODWE and Eaton, etc. in 2023, the global top five players have a share approximately % in terms of revenue.

Utility Inverters Market aims to provide a comprehensive presentation of the global market for Utility Inverters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Utility Inverters. Utility Inverters Market contains market size and forecasts of Utility Inverters in global, including the following market information:

• Global Utility Inverters Market Revenue, 2019-2024, 2025-2030, ($ millions)
• Global Utility Inverters Market Sales, 2019-2024, 2025-2030, (K Units)
• Global top five Utility Inverters companies in 2023 (%)

We surveyed the Utility Inverters manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Utility Inverters Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)

Global Utility Inverters Market Segment Percentages, by Type, 2023 (%)

• Central Inverters
• String Inverters

Global Utility Inverters Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)

Global Utility Inverters Market Segment Percentages, by Application, 2023 (%)

• Small-scale Utility
• Large-scale Utility

Global Utility Inverters Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)

Global Utility Inverters Market Segment Percentages, By Region and Country, 2023 (%)

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Utility Inverters revenues in global market, 2019-2024 (Estimated), ($ millions)

Key companies Utility Inverters revenues share in global market, 2023 (%)

Key companies Utility Inverters sales in global market, 2019-2024 (Estimated), (K Units)

Key companies Utility Inverters sales share in global market, 2023 (%)

Further, the report presents profiles of competitors in the market, key players include:

• SMA
• KACO
• Parker
• ABB
• Solectria Solar
• Huawei
• Fimer
• GOODWE
• Eaton
• SUNGROW
• CLOU
• Schneider Electric
• Power Electronics
• SolaX Power
• Sofarsolar

Outline of Major Chapters:

• Chapter 1: Introduces the definition of Utility Inverters, market overview.
• Chapter 2: Global Utility Inverters market size in revenue and volume.
• Chapter 3: Detailed analysis of Utility Inverters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Utility Inverters in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global Utility Inverters capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.