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Global Off-Grid Solar Inverter Market Research Report 2024
Synopsis
An off-grid solar inverter is a crucial component of off-grid solar power systems. Its primary function is to convert the direct current (DC) electricity generated by solar panels into alternating current (AC) electricity suitable for powering standard household or industrial appliances and for distribution to the electrical grid. Unlike grid-tied inverters that work in conjunction with the grid, off-grid inverters are designed for standalone or isolated power systems where there is no connection to a utility grid.
The global Off-Grid Solar Inverter market was valued at US$ 3419.8 million in 2023 and is anticipated to reach US$ 7134.3 million by 2030, witnessing a CAGR of 7.7% during the forecast period 2024-2030.
Growth in Remote and Off-Grid Applications: The demand for off-grid solar inverters continues to grow, particularly in remote or off-grid areas where access to the utility grid is limited or non-existent. These systems are used for powering homes, businesses, and critical infrastructure in remote regions and on islands.
Increased Energy Storage Integration: Off-grid solar inverters are being increasingly integrated with energy storage solutions, such as lithium-ion batteries. This integration allows for greater energy independence and the ability to store excess solar power for use during the night or during periods of low sunlight.
Advancements in Hybrid Systems: Hybrid solar inverters that can work with both solar panels and additional energy sources like wind turbines or diesel generators are gaining popularity. These systems provide a more stable and reliable source of power in off-grid applications.
Smart Inverters: Smart and grid-interactive inverters are becoming more common. These inverters can communicate with the grid (if available) and adjust their output to optimize self-consumption and grid interaction, providing added flexibility and efficiency.
This report aims to provide a comprehensive presentation of the global market for Off-Grid Solar Inverter, 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 Off-Grid Solar Inverter.
Report Scope
The Off-Grid Solar Inverter market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Off-Grid Solar Inverter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Off-Grid Solar Inverter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SMA Solar Technology
GoodWe
ABB
Delta
TMEIC
Sofar
Sungrow
Huawei
INVT
Danfoss
Morningstar
Luminous
Su-Kam
Sol-Ark
Ginlong
Sorotec
SAKO
Havells
Tanfon
Segment by Type
Micro Inverter
String Inverter
Central Inverter
Segment by Application
Residential
Commercial
Industrial
Utilities
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Off-Grid Solar Inverter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Off-Grid Solar Inverter by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Off-Grid Solar Inverter 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
An off-grid solar inverter is a crucial component of off-grid solar power systems. Its primary function is to convert the direct current (DC) electricity generated by solar panels into alternating current (AC) electricity suitable for powering standard household or industrial appliances and for distribution to the electrical grid. Unlike grid-tied inverters that work in conjunction with the grid, off-grid inverters are designed for standalone or isolated power systems where there is no connection to a utility grid.
The global Off-Grid Solar Inverter market was valued at US$ 3419.8 million in 2023 and is anticipated to reach US$ 7134.3 million by 2030, witnessing a CAGR of 7.7% during the forecast period 2024-2030.
Growth in Remote and Off-Grid Applications: The demand for off-grid solar inverters continues to grow, particularly in remote or off-grid areas where access to the utility grid is limited or non-existent. These systems are used for powering homes, businesses, and critical infrastructure in remote regions and on islands.
Increased Energy Storage Integration: Off-grid solar inverters are being increasingly integrated with energy storage solutions, such as lithium-ion batteries. This integration allows for greater energy independence and the ability to store excess solar power for use during the night or during periods of low sunlight.
Advancements in Hybrid Systems: Hybrid solar inverters that can work with both solar panels and additional energy sources like wind turbines or diesel generators are gaining popularity. These systems provide a more stable and reliable source of power in off-grid applications.
Smart Inverters: Smart and grid-interactive inverters are becoming more common. These inverters can communicate with the grid (if available) and adjust their output to optimize self-consumption and grid interaction, providing added flexibility and efficiency.
This report aims to provide a comprehensive presentation of the global market for Off-Grid Solar Inverter, 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 Off-Grid Solar Inverter.
Report Scope
The Off-Grid Solar Inverter market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Off-Grid Solar Inverter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Off-Grid Solar Inverter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SMA Solar Technology
GoodWe
ABB
Delta
TMEIC
Sofar
Sungrow
Huawei
INVT
Danfoss
Morningstar
Luminous
Su-Kam
Sol-Ark
Ginlong
Sorotec
SAKO
Havells
Tanfon
Segment by Type
Micro Inverter
String Inverter
Central Inverter
Segment by Application
Residential
Commercial
Industrial
Utilities
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Off-Grid Solar Inverter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Off-Grid Solar Inverter by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Off-Grid Solar Inverter 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 Off-Grid Solar Inverter Market Overview
1.1 Product Definition
1.2 Off-Grid Solar Inverter Segment by Type
1.2.1 Global Off-Grid Solar Inverter Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Micro Inverter
1.2.3 String Inverter
1.2.4 Central Inverter
1.3 Off-Grid Solar Inverter Segment by Application
1.3.1 Global Off-Grid Solar Inverter Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.3.4 Industrial
1.3.5 Utilities
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Off-Grid Solar Inverter Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Off-Grid Solar Inverter Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Off-Grid Solar Inverter Production Estimates and Forecasts (2019-2030)
1.4.4 Global Off-Grid Solar Inverter Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Off-Grid Solar Inverter Production Market Share by Manufacturers (2019-2024)
2.2 Global Off-Grid Solar Inverter Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Off-Grid Solar Inverter, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Off-Grid Solar Inverter Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Off-Grid Solar Inverter Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Off-Grid Solar Inverter, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Off-Grid Solar Inverter, Product Offered and Application
2.8 Global Key Manufacturers of Off-Grid Solar Inverter, Date of Enter into This Industry
2.9 Off-Grid Solar Inverter Market Competitive Situation and Trends
2.9.1 Off-Grid Solar Inverter Market Concentration Rate
2.9.2 Global 5 and 10 Largest Off-Grid Solar Inverter Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Off-Grid Solar Inverter Production by Region
3.1 Global Off-Grid Solar Inverter Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Off-Grid Solar Inverter Production Value by Region (2019-2030)
3.2.1 Global Off-Grid Solar Inverter Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Off-Grid Solar Inverter by Region (2025-2030)
3.3 Global Off-Grid Solar Inverter Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Off-Grid Solar Inverter Production by Region (2019-2030)
3.4.1 Global Off-Grid Solar Inverter Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Off-Grid Solar Inverter by Region (2025-2030)
3.5 Global Off-Grid Solar Inverter Market Price Analysis by Region (2019-2024)
3.6 Global Off-Grid Solar Inverter Production and Value, Year-over-Year Growth
3.6.1 North America Off-Grid Solar Inverter Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Off-Grid Solar Inverter Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Off-Grid Solar Inverter Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Off-Grid Solar Inverter Production Value Estimates and Forecasts (2019-2030)
4 Off-Grid Solar Inverter Consumption by Region
4.1 Global Off-Grid Solar Inverter Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Off-Grid Solar Inverter Consumption by Region (2019-2030)
4.2.1 Global Off-Grid Solar Inverter Consumption by Region (2019-2024)
4.2.2 Global Off-Grid Solar Inverter Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Off-Grid Solar Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Off-Grid Solar Inverter Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Off-Grid Solar Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Off-Grid Solar Inverter Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Off-Grid Solar Inverter Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Off-Grid Solar Inverter Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Off-Grid Solar Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Off-Grid Solar Inverter Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Off-Grid Solar Inverter Production by Type (2019-2030)
5.1.1 Global Off-Grid Solar Inverter Production by Type (2019-2024)
5.1.2 Global Off-Grid Solar Inverter Production by Type (2025-2030)
5.1.3 Global Off-Grid Solar Inverter Production Market Share by Type (2019-2030)
5.2 Global Off-Grid Solar Inverter Production Value by Type (2019-2030)
5.2.1 Global Off-Grid Solar Inverter Production Value by Type (2019-2024)
5.2.2 Global Off-Grid Solar Inverter Production Value by Type (2025-2030)
5.2.3 Global Off-Grid Solar Inverter Production Value Market Share by Type (2019-2030)
5.3 Global Off-Grid Solar Inverter Price by Type (2019-2030)
6 Segment by Application
6.1 Global Off-Grid Solar Inverter Production by Application (2019-2030)
6.1.1 Global Off-Grid Solar Inverter Production by Application (2019-2024)
6.1.2 Global Off-Grid Solar Inverter Production by Application (2025-2030)
6.1.3 Global Off-Grid Solar Inverter Production Market Share by Application (2019-2030)
6.2 Global Off-Grid Solar Inverter Production Value by Application (2019-2030)
6.2.1 Global Off-Grid Solar Inverter Production Value by Application (2019-2024)
6.2.2 Global Off-Grid Solar Inverter Production Value by Application (2025-2030)
6.2.3 Global Off-Grid Solar Inverter Production Value Market Share by Application (2019-2030)
6.3 Global Off-Grid Solar Inverter Price by Application (2019-2030)
7 Key Companies Profiled
7.1 SMA Solar Technology
7.1.1 SMA Solar Technology Off-Grid Solar Inverter Corporation Information
7.1.2 SMA Solar Technology Off-Grid Solar Inverter Product Portfolio
7.1.3 SMA Solar Technology Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.1.4 SMA Solar Technology Main Business and Markets Served
7.1.5 SMA Solar Technology Recent Developments/Updates
7.2 GoodWe
7.2.1 GoodWe Off-Grid Solar Inverter Corporation Information
7.2.2 GoodWe Off-Grid Solar Inverter Product Portfolio
7.2.3 GoodWe Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.2.4 GoodWe Main Business and Markets Served
7.2.5 GoodWe Recent Developments/Updates
7.3 ABB
7.3.1 ABB Off-Grid Solar Inverter Corporation Information
7.3.2 ABB Off-Grid Solar Inverter Product Portfolio
7.3.3 ABB Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.3.4 ABB Main Business and Markets Served
7.3.5 ABB Recent Developments/Updates
7.4 Delta
7.4.1 Delta Off-Grid Solar Inverter Corporation Information
7.4.2 Delta Off-Grid Solar Inverter Product Portfolio
7.4.3 Delta Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Delta Main Business and Markets Served
7.4.5 Delta Recent Developments/Updates
7.5 TMEIC
7.5.1 TMEIC Off-Grid Solar Inverter Corporation Information
7.5.2 TMEIC Off-Grid Solar Inverter Product Portfolio
7.5.3 TMEIC Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.5.4 TMEIC Main Business and Markets Served
7.5.5 TMEIC Recent Developments/Updates
7.6 Sofar
7.6.1 Sofar Off-Grid Solar Inverter Corporation Information
7.6.2 Sofar Off-Grid Solar Inverter Product Portfolio
7.6.3 Sofar Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Sofar Main Business and Markets Served
7.6.5 Sofar Recent Developments/Updates
7.7 Sungrow
7.7.1 Sungrow Off-Grid Solar Inverter Corporation Information
7.7.2 Sungrow Off-Grid Solar Inverter Product Portfolio
7.7.3 Sungrow Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Sungrow Main Business and Markets Served
7.7.5 Sungrow Recent Developments/Updates
7.8 Huawei
7.8.1 Huawei Off-Grid Solar Inverter Corporation Information
7.8.2 Huawei Off-Grid Solar Inverter Product Portfolio
7.8.3 Huawei Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Huawei Main Business and Markets Served
7.7.5 Huawei Recent Developments/Updates
7.9 INVT
7.9.1 INVT Off-Grid Solar Inverter Corporation Information
7.9.2 INVT Off-Grid Solar Inverter Product Portfolio
7.9.3 INVT Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.9.4 INVT Main Business and Markets Served
7.9.5 INVT Recent Developments/Updates
7.10 Danfoss
7.10.1 Danfoss Off-Grid Solar Inverter Corporation Information
7.10.2 Danfoss Off-Grid Solar Inverter Product Portfolio
7.10.3 Danfoss Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Danfoss Main Business and Markets Served
7.10.5 Danfoss Recent Developments/Updates
7.11 Morningstar
7.11.1 Morningstar Off-Grid Solar Inverter Corporation Information
7.11.2 Morningstar Off-Grid Solar Inverter Product Portfolio
7.11.3 Morningstar Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Morningstar Main Business and Markets Served
7.11.5 Morningstar Recent Developments/Updates
7.12 Luminous
7.12.1 Luminous Off-Grid Solar Inverter Corporation Information
7.12.2 Luminous Off-Grid Solar Inverter Product Portfolio
7.12.3 Luminous Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Luminous Main Business and Markets Served
7.12.5 Luminous Recent Developments/Updates
7.13 Su-Kam
7.13.1 Su-Kam Off-Grid Solar Inverter Corporation Information
7.13.2 Su-Kam Off-Grid Solar Inverter Product Portfolio
7.13.3 Su-Kam Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Su-Kam Main Business and Markets Served
7.13.5 Su-Kam Recent Developments/Updates
7.14 Sol-Ark
7.14.1 Sol-Ark Off-Grid Solar Inverter Corporation Information
7.14.2 Sol-Ark Off-Grid Solar Inverter Product Portfolio
7.14.3 Sol-Ark Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Sol-Ark Main Business and Markets Served
7.14.5 Sol-Ark Recent Developments/Updates
7.15 Ginlong
7.15.1 Ginlong Off-Grid Solar Inverter Corporation Information
7.15.2 Ginlong Off-Grid Solar Inverter Product Portfolio
7.15.3 Ginlong Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Ginlong Main Business and Markets Served
7.15.5 Ginlong Recent Developments/Updates
7.16 Sorotec
7.16.1 Sorotec Off-Grid Solar Inverter Corporation Information
7.16.2 Sorotec Off-Grid Solar Inverter Product Portfolio
7.16.3 Sorotec Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Sorotec Main Business and Markets Served
7.16.5 Sorotec Recent Developments/Updates
7.17 SAKO
7.17.1 SAKO Off-Grid Solar Inverter Corporation Information
7.17.2 SAKO Off-Grid Solar Inverter Product Portfolio
7.17.3 SAKO Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.17.4 SAKO Main Business and Markets Served
7.17.5 SAKO Recent Developments/Updates
7.18 Havells
7.18.1 Havells Off-Grid Solar Inverter Corporation Information
7.18.2 Havells Off-Grid Solar Inverter Product Portfolio
7.18.3 Havells Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Havells Main Business and Markets Served
7.18.5 Havells Recent Developments/Updates
7.19 Tanfon
7.19.1 Tanfon Off-Grid Solar Inverter Corporation Information
7.19.2 Tanfon Off-Grid Solar Inverter Product Portfolio
7.19.3 Tanfon Off-Grid Solar Inverter Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Tanfon Main Business and Markets Served
7.19.5 Tanfon Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Off-Grid Solar Inverter Industry Chain Analysis
8.2 Off-Grid Solar Inverter Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Off-Grid Solar Inverter Production Mode & Process
8.4 Off-Grid Solar Inverter Sales and Marketing
8.4.1 Off-Grid Solar Inverter Sales Channels
8.4.2 Off-Grid Solar Inverter Distributors
8.5 Off-Grid Solar Inverter Customers
9 Off-Grid Solar Inverter Market Dynamics
9.1 Off-Grid Solar Inverter Industry Trends
9.2 Off-Grid Solar Inverter Market Drivers
9.3 Off-Grid Solar Inverter Market Challenges
9.4 Off-Grid Solar Inverter Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of TablesList of Tables
Table 1. Global Off-Grid Solar Inverter Market Value by Type, (US$ Million) & (2023 VS 2030)
Table 2. Global Off-Grid Solar Inverter Market Value by Application, (US$ Million) & (2023 VS 2030)
Table 3. Global Off-Grid Solar Inverter Production Capacity (K Units) by Manufacturers in 2023
Table 4. Global Off-Grid Solar Inverter Production by Manufacturers (2019-2024) & (K Units)
Table 5. Global Off-Grid Solar Inverter Production Market Share by Manufacturers (2019-2024)
Table 6. Global Off-Grid Solar Inverter Production Value by Manufacturers (2019-2024) & (US$ Million)
Table 7. Global Off-Grid Solar Inverter Production Value Share by Manufacturers (2019-2024)
Table 8. Global Off-Grid Solar Inverter Industry Ranking 2022 VS 2023 VS 2024
Table 9. Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Off-Grid Solar Inverter as of 2023)
Table 10. Global Market Off-Grid Solar Inverter Average Price by Manufacturers (US$/Unit) & (2019-2024)
Table 11. Manufacturers Off-Grid Solar Inverter Production Sites and Area Served
Table 12. Manufacturers Off-Grid Solar Inverter Product Types
Table 13. Global Off-Grid Solar Inverter Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Mergers & Acquisitions, Expansion
Table 15. Global Off-Grid Solar Inverter Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
Table 16. Global Off-Grid Solar Inverter Production Value (US$ Million) by Region (2019-2024)
Table 17. Global Off-Grid Solar Inverter Production Value Market Share by Region (2019-2024)
Table 18. Global Off-Grid Solar Inverter Production Value (US$ Million) Forecast by Region (2025-2030)
Table 19. Global Off-Grid Solar Inverter Production Value Market Share Forecast by Region (2025-2030)
Table 20. Global Off-Grid Solar Inverter Production Comparison by Region: 2019 VS 2023 VS 2030 (K Units)
Table 21. Global Off-Grid Solar Inverter Production (K Units) by Region (2019-2024)
Table 22. Global Off-Grid Solar Inverter Production Market Share by Region (2019-2024)
Table 23. Global Off-Grid Solar Inverter Production (K Units) Forecast by Region (2025-2030)
Table 24. Global Off-Grid Solar Inverter Production Market Share Forecast by Region (2025-2030)
Table 25. Global Off-Grid Solar Inverter Market Average Price (US$/Unit) by Region (2019-2024)
Table 26. Global Off-Grid Solar Inverter Market Average Price (US$/Unit) by Region (2025-2030)
Table 27. Global Off-Grid Solar Inverter Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (K Units)
Table 28. Global Off-Grid Solar Inverter Consumption by Region (2019-2024) & (K Units)
Table 29. Global Off-Grid Solar Inverter Consumption Market Share by Region (2019-2024)
Table 30. Global Off-Grid Solar Inverter Forecasted Consumption by Region (2025-2030) & (K Units)
Table 31. Global Off-Grid Solar Inverter Forecasted Consumption Market Share by Region (2019-2024)
Table 32. North America Off-Grid Solar Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (K Units)
Table 33. North America Off-Grid Solar Inverter Consumption by Country (2019-2024) & (K Units)
Table 34. North America Off-Grid Solar Inverter Consumption by Country (2025-2030) & (K Units)
Table 35. Europe Off-Grid Solar Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (K Units)
Table 36. Europe Off-Grid Solar Inverter Consumption by Country (2019-2024) & (K Units)
Table 37. Europe Off-Grid Solar Inverter Consumption by Country (2025-2030) & (K Units)
Table 38. Asia Pacific Off-Grid Solar Inverter Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (K Units)
Table 39. Asia Pacific Off-Grid Solar Inverter Consumption by Region (2019-2024) & (K Units)
Table 40. Asia Pacific Off-Grid Solar Inverter Consumption by Region (2025-2030) & (K Units)
Table 41. Latin America, Middle East & Africa Off-Grid Solar Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (K Units)
Table 42. Latin America, Middle East & Africa Off-Grid Solar Inverter Consumption by Country (2019-2024) & (K Units)
Table 43. Latin America, Middle East & Africa Off-Grid Solar Inverter Consumption by Country (2025-2030) & (K Units)
Table 44. Global Off-Grid Solar Inverter Production (K Units) by Type (2019-2024)
Table 45. Global Off-Grid Solar Inverter Production (K Units) by Type (2025-2030)
Table 46. Global Off-Grid Solar Inverter Production Market Share by Type (2019-2024)
Table 47. Global Off-Grid Solar Inverter Production Market Share by Type (2025-2030)
Table 48. Global Off-Grid Solar Inverter Production Value (US$ Million) by Type (2019-2024)
Table 49. Global Off-Grid Solar Inverter Production Value (US$ Million) by Type (2025-2030)
Table 50. Global Off-Grid Solar Inverter Production Value Share by Type (2019-2024)
Table 51. Global Off-Grid Solar Inverter Production Value Share by Type (2025-2030)
Table 52. Global Off-Grid Solar Inverter Price (US$/Unit) by Type (2019-2024)
Table 53. Global Off-Grid Solar Inverter Price (US$/Unit) by Type (2025-2030)
Table 54. Global Off-Grid Solar Inverter Production (K Units) by Application (2019-2024)
Table 55. Global Off-Grid Solar Inverter Production (K Units) by Application (2025-2030)
Table 56. Global Off-Grid Solar Inverter Production Market Share by Application (2019-2024)
Table 57. Global Off-Grid Solar Inverter Production Market Share by Application (2025-2030)
Table 58. Global Off-Grid Solar Inverter Production Value (US$ Million) by Application (2019-2024)
Table 59. Global Off-Grid Solar Inverter Production Value (US$ Million) by Application (2025-2030)
Table 60. Global Off-Grid Solar Inverter Production Value Share by Application (2019-2024)
Table 61. Global Off-Grid Solar Inverter Production Value Share by Application (2025-2030)
Table 62. Global Off-Grid Solar Inverter Price (US$/Unit) by Application (2019-2024)
Table 63. Global Off-Grid Solar Inverter Price (US$/Unit) by Application (2025-2030)
Table 64. SMA Solar Technology Off-Grid Solar Inverter Corporation Information
Table 65. SMA Solar Technology Specification and Application
Table 66. SMA Solar Technology Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 67. SMA Solar Technology Main Business and Markets Served
Table 68. SMA Solar Technology Recent Developments/Updates
Table 69. GoodWe Off-Grid Solar Inverter Corporation Information
Table 70. GoodWe Specification and Application
Table 71. GoodWe Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 72. GoodWe Main Business and Markets Served
Table 73. GoodWe Recent Developments/Updates
Table 74. ABB Off-Grid Solar Inverter Corporation Information
Table 75. ABB Specification and Application
Table 76. ABB Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 77. ABB Main Business and Markets Served
Table 78. ABB Recent Developments/Updates
Table 79. Delta Off-Grid Solar Inverter Corporation Information
Table 80. Delta Specification and Application
Table 81. Delta Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 82. Delta Main Business and Markets Served
Table 83. Delta Recent Developments/Updates
Table 84. TMEIC Off-Grid Solar Inverter Corporation Information
Table 85. TMEIC Specification and Application
Table 86. TMEIC Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 87. TMEIC Main Business and Markets Served
Table 88. TMEIC Recent Developments/Updates
Table 89. Sofar Off-Grid Solar Inverter Corporation Information
Table 90. Sofar Specification and Application
Table 91. Sofar Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 92. Sofar Main Business and Markets Served
Table 93. Sofar Recent Developments/Updates
Table 94. Sungrow Off-Grid Solar Inverter Corporation Information
Table 95. Sungrow Specification and Application
Table 96. Sungrow Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 97. Sungrow Main Business and Markets Served
Table 98. Sungrow Recent Developments/Updates
Table 99. Huawei Off-Grid Solar Inverter Corporation Information
Table 100. Huawei Specification and Application
Table 101. Huawei Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 102. Huawei Main Business and Markets Served
Table 103. Huawei Recent Developments/Updates
Table 104. INVT Off-Grid Solar Inverter Corporation Information
Table 105. INVT Specification and Application
Table 106. INVT Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 107. INVT Main Business and Markets Served
Table 108. INVT Recent Developments/Updates
Table 109. Danfoss Off-Grid Solar Inverter Corporation Information
Table 110. Danfoss Specification and Application
Table 111. Danfoss Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 112. Danfoss Main Business and Markets Served
Table 113. Danfoss Recent Developments/Updates
Table 114. Morningstar Off-Grid Solar Inverter Corporation Information
Table 115. Morningstar Specification and Application
Table 116. Morningstar Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 117. Morningstar Main Business and Markets Served
Table 118. Morningstar Recent Developments/Updates
Table 119. Luminous Off-Grid Solar Inverter Corporation Information
Table 120. Luminous Specification and Application
Table 121. Luminous Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 122. Luminous Main Business and Markets Served
Table 123. Luminous Recent Developments/Updates
Table 124. Su-Kam Off-Grid Solar Inverter Corporation Information
Table 125. Su-Kam Specification and Application
Table 126. Su-Kam Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 127. Su-Kam Main Business and Markets Served
Table 128. Su-Kam Recent Developments/Updates
Table 129. Sol-Ark Off-Grid Solar Inverter Corporation Information
Table 130. Sol-Ark Specification and Application
Table 131. Sol-Ark Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 132. Sol-Ark Main Business and Markets Served
Table 133. Sol-Ark Recent Developments/Updates
Table 134. Sol-Ark Off-Grid Solar Inverter Corporation Information
Table 135. Ginlong Specification and Application
Table 136. Ginlong Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 137. Ginlong Main Business and Markets Served
Table 138. Ginlong Recent Developments/Updates
Table 139. Sorotec Off-Grid Solar Inverter Corporation Information
Table 140. Sorotec Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 141. Sorotec Main Business and Markets Served
Table 142. Sorotec Recent Developments/Updates
Table 143. SAKO Off-Grid Solar Inverter Corporation Information
Table 144. SAKO Specification and Application
Table 145. SAKO Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 146. SAKO Main Business and Markets Served
Table 147. SAKO Recent Developments/Updates
Table 148. Havells Off-Grid Solar Inverter Corporation Information
Table 149. Havells Specification and Application
Table 150. Havells Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 151. Havells Main Business and Markets Served
Table 152. Havells Recent Developments/Updates
Table 153. Tanfon Off-Grid Solar Inverter Corporation Information
Table 154. Tanfon Specification and Application
Table 155. Tanfon Off-Grid Solar Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 156. Tanfon Main Business and Markets Served
Table 157. Tanfon Recent Developments/Updates
Table 158. Key Raw Materials Lists
Table 159. Raw Materials Key Suppliers Lists
Table 160. Off-Grid Solar Inverter Distributors List
Table 161. Off-Grid Solar Inverter Customers List
Table 162. Off-Grid Solar Inverter Market Trends
Table 163. Off-Grid Solar Inverter Market Drivers
Table 164. Off-Grid Solar Inverter Market Challenges
Table 165. Off-Grid Solar Inverter Market Restraints
Table 166. Research Programs/Design for This Report
Table 167. Key Data Information from Secondary Sources
Table 168. Key Data Information from Primary Sources
List of Figures
Figure 1. Product Picture of Off-Grid Solar Inverter
Figure 2. Global Off-Grid Solar Inverter Market Value by Type, (US$ Million) & (2023 VS 2030)
Figure 3. Global Off-Grid Solar Inverter Market Share by Type: 2023 VS 2030
Figure 4. Micro Inverter Product Picture
Figure 5. String Inverter Product Picture
Figure 6. Central Inverter Product Picture
Figure 7. Global Off-Grid Solar Inverter Market Value by Application, (US$ Million) & (2023 VS 2030)
Figure 8. Global Off-Grid Solar Inverter Market Share by Application: 2023 VS 2030
Figure 9. Residential
Figure 10. Commercial
Figure 11. Industrial
Figure 12. Utilities
Figure 13. Others
Figure 14. Global Off-Grid Solar Inverter Production Value (US$ Million), 2019 VS 2023 VS 2030
Figure 15. Global Off-Grid Solar Inverter Production Value (US$ Million) & (2019-2030)
Figure 16. Global Off-Grid Solar Inverter Production (K Units) & (2019-2030)
Figure 17. Global Off-Grid Solar Inverter Average Price (US$/Unit) & (2019-2030)
Figure 18. Off-Grid Solar Inverter Report Years Considered
Figure 19. Off-Grid Solar Inverter Production Share by Manufacturers in 2023
Figure 20. Off-Grid Solar Inverter Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
Figure 21. The Global 5 and 10 Largest Players: Market Share by Off-Grid Solar Inverter Revenue in 2023
Figure 22. Global Off-Grid Solar Inverter Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
Figure 23. Global Off-Grid Solar Inverter Production Value Market Share by Region: 2019 VS 2023 VS 2030
Figure 24. Global Off-Grid Solar Inverter Production Comparison by Region: 2019 VS 2023 VS 2030 (K Units)
Figure 25. Global Off-Grid Solar Inverter Production Market Share by Region: 2019 VS 2023 VS 2030
Figure 26. North America Off-Grid Solar Inverter Production Value (US$ Million) Growth Rate (2019-2030)
Figure 27. Europe Off-Grid Solar Inverter Production Value (US$ Million) Growth Rate (2019-2030)
Figure 28. China Off-Grid Solar Inverter Production Value (US$ Million) Growth Rate (2019-2030)
Figure 29. Japan Off-Grid Solar Inverter Production Value (US$ Million) Growth Rate (2019-2030)
Figure 30. Global Off-Grid Solar Inverter Consumption by Region: 2019 VS 2023 VS 2030 (K Units)
Figure 31. Global Off-Grid Solar Inverter Consumption Market Share by Region: 2019 VS 2023 VS 2030
Figure 32. North America Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 33. North America Off-Grid Solar Inverter Consumption Market Share by Country (2019-2030)
Figure 34. Canada Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 35. U.S. Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 36. Europe Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 37. Europe Off-Grid Solar Inverter Consumption Market Share by Country (2019-2030)
Figure 38. Germany Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 39. France Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 40. U.K. Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 41. Italy Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 42. Russia Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 43. Asia Pacific Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 44. Asia Pacific Off-Grid Solar Inverter Consumption Market Share by Regions (2019-2030)
Figure 45. China Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 46. Japan Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 47. South Korea Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 48. China Taiwan Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 49. Southeast Asia Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 50. India Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 51. Latin America, Middle East & Africa Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 52. Latin America, Middle East & Africa Off-Grid Solar Inverter Consumption Market Share by Country (2019-2030)
Figure 53. Mexico Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 54. Brazil Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 55. Turkey Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 56. GCC Countries Off-Grid Solar Inverter Consumption and Growth Rate (2019-2024) & (K Units)
Figure 57. Global Production Market Share of Off-Grid Solar Inverter by Type (2019-2030)
Figure 58. Global Production Value Market Share of Off-Grid Solar Inverter by Type (2019-2030)
Figure 59. Global Off-Grid Solar Inverter Price (US$/Unit) by Type (2019-2030)
Figure 60. Global Production Market Share of Off-Grid Solar Inverter by Application (2019-2030)
Figure 61. Global Production Value Market Share of Off-Grid Solar Inverter by Application (2019-2030)
Figure 62. Global Off-Grid Solar Inverter Price (US$/Unit) by Application (2019-2030)
Figure 63. Off-Grid Solar Inverter Value Chain
Figure 64. Off-Grid Solar Inverter Production Process
Figure 65. Channels of Distribution (Direct Vs Distribution)
Figure 66. Distributors Profiles
Figure 67. Bottom-up and Top-down Approaches for This Report
Figure 68. Data Triangulation
Published By : QY Research
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