Photovoltaic Inverter Market

Photovoltaic Inverter, also known as power regulator and power regulator, is an indispensable part of the photovoltaic system.

Photovoltaic Inverter Market contains market size and forecasts of Photovoltaic Inverter in global, including the following market information:

• Global Photovoltaic Inverter Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global Photovoltaic Inverter Market Sales, 2017-2022, 2023-2028, (MW)
• Global top five Photovoltaic Inverter companies in 2021 (%)

The global Photovoltaic Inverter market was valued at 5943.4 million in 2021 and is projected to reach US$ 6023.5 million by 2028, at a CAGR of 0.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

String Inverter Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Photovoltaic Inverter include Huawei, Sungrow Power, SMA, Power Electronics, FIMER, SiNENG, GoodWe, SolarEdge Technologies and Ingeteam, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Photovoltaic Inverter 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 Photovoltaic Inverter Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MW)

Global Photovoltaic Inverter Market Segment Percentages, by Type, 2021 (%)

• String Inverter
• Central Inverter
• Microinverters

Global Photovoltaic Inverter Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MW)

Global Photovoltaic Inverter Market Segment Percentages, by Application, 2021 (%)

• Residential
• Business
• Public Utilities

Global Photovoltaic Inverter Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MW)

Global Photovoltaic Inverter Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Photovoltaic Inverter revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Photovoltaic Inverter revenues share in global market, 2021 (%)
• Key companies Photovoltaic Inverter sales in global market, 2017-2022 (Estimated), (MW)
• Key companies Photovoltaic Inverter sales share in global market, 2021 (%)

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

• Huawei
• Sungrow Power
• SMA
• Power Electronics
• FIMER
• SiNENG
• GoodWe
• SolarEdge Technologies
• Ingeteam
• TBEA
• KSTAR
• Growatt
• Siemens (KACO)
• Delta Energy Systems
• GinLong
• Fronius
• Schneider Electric
• SOFARSOLAR
• Darfon Electronics
• Powerone Micro System