Solar Inverter Market

Solar Inverter are widely accepted owing to its property of instantaneous conversion of DC power input to AC current while connected to on-grid system.

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

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

The global Solar Inverter market was valued at 15020 million in 2021 and is projected to reach US$ 26580 million by 2028, at a CAGR of 8.5% during the forecast period.

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

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

The global key manufacturers of Solar Inverter include ABB, SMA Solar Technology, Canadian Solar, SolarEdge Technologies, SunPower, Delta Electronics, Solectria Renewables, Sineng Electric and Hitachi Hi-Rel Power Electronics and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Solar 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 Solar Inverter Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

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

• Central Solar Inverter
• String Solar Inverter
• Micro Solar Inverter

Global Solar Inverter Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

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

• Residential
• Commercial
• Utility

Global Solar Inverter Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Solar 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 Solar Inverter revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Solar Inverter revenues share in global market, 2021 (%)
• Key companies Solar Inverter sales in global market, 2017-2022 (Estimated), (K Units)
• Key companies Solar Inverter sales share in global market, 2021 (%)

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

• ABB
• SMA Solar Technology
• Canadian Solar
• SolarEdge Technologies
• SunPower
• Delta Electronics
• Solectria Renewables
• Sineng Electric
• Hitachi Hi-Rel Power Electronics
• Power electronics