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Grid-tie Inverter (GTI)-Global Market Insights and Sales Trends 2024
Synopsis
Grid-tie inverter (GTI) is a special inverter. In addition to converting direct current into alternating current, the output alternating current can be synchronized with the frequency and phase of the mains, so the output alternating current You can go back to the mains. Grid-connected inverters are commonly used in applications where some DC voltage sources (such as solar panels or small wind generators) are connected to the grid.
The global Grid-tie Inverter (GTI) market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Grid-tie Inverter (GTI) in various end use industries. The expanding demands from the DC Voltage Source, Grid Connection and Others,, are propelling Grid-tie Inverter (GTI) market. Low Frequency Inverter, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the High Frequency Inverter segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Grid-tie Inverter (GTI) market, driven by demand from China, the second largest economy with some signs of stabilising, the Grid-tie Inverter (GTI) market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Grid-tie Inverter (GTI), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Grid-tie Inverter (GTI) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Grid-tie Inverter (GTI) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Grid-tie Inverter (GTI) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Grid-tie Inverter (GTI) covered in this report include Cyber Power Systems, OutBack Power Technologies, Inc., Enphase Energy, SMA Solar Technology, SolarEdge, Schneider Electric, Luminous, Leonics and INVT, etc.
The global Grid-tie Inverter (GTI) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cyber Power Systems
OutBack Power Technologies, Inc.
Enphase Energy
SMA Solar Technology
SolarEdge
Schneider Electric
Luminous
Leonics
INVT
Easun Power
Alencon Systems LLC
GoodWe
Global Grid-tie Inverter (GTI) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Grid-tie Inverter (GTI) market, Segment by Type:
Low Frequency Inverter
High Frequency Inverter
Global Grid-tie Inverter (GTI) market, by Application
DC Voltage Source
Grid Connection
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Grid-tie Inverter (GTI) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Grid-tie Inverter (GTI) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Grid-tie inverter (GTI) is a special inverter. In addition to converting direct current into alternating current, the output alternating current can be synchronized with the frequency and phase of the mains, so the output alternating current You can go back to the mains. Grid-connected inverters are commonly used in applications where some DC voltage sources (such as solar panels or small wind generators) are connected to the grid.
The global Grid-tie Inverter (GTI) market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Grid-tie Inverter (GTI) in various end use industries. The expanding demands from the DC Voltage Source, Grid Connection and Others,, are propelling Grid-tie Inverter (GTI) market. Low Frequency Inverter, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the High Frequency Inverter segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Grid-tie Inverter (GTI) market, driven by demand from China, the second largest economy with some signs of stabilising, the Grid-tie Inverter (GTI) market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Grid-tie Inverter (GTI), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Grid-tie Inverter (GTI) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Grid-tie Inverter (GTI) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Grid-tie Inverter (GTI) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Grid-tie Inverter (GTI) covered in this report include Cyber Power Systems, OutBack Power Technologies, Inc., Enphase Energy, SMA Solar Technology, SolarEdge, Schneider Electric, Luminous, Leonics and INVT, etc.
The global Grid-tie Inverter (GTI) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cyber Power Systems
OutBack Power Technologies, Inc.
Enphase Energy
SMA Solar Technology
SolarEdge
Schneider Electric
Luminous
Leonics
INVT
Easun Power
Alencon Systems LLC
GoodWe
Global Grid-tie Inverter (GTI) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Grid-tie Inverter (GTI) market, Segment by Type:
Low Frequency Inverter
High Frequency Inverter
Global Grid-tie Inverter (GTI) market, by Application
DC Voltage Source
Grid Connection
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Grid-tie Inverter (GTI) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Grid-tie Inverter (GTI) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Grid-tie Inverter (GTI) Market Overview
1.1 Grid-tie Inverter (GTI) Product Overview
1.2 Grid-tie Inverter (GTI) Market Segment by Type
1.2.1 Low Frequency Inverter
1.2.2 High Frequency Inverter
1.3 Global Grid-tie Inverter (GTI) Market Size by Type
1.3.1 Global Grid-tie Inverter (GTI) Market Size Overview by Type (2018-2029)
1.3.2 Global Grid-tie Inverter (GTI) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Grid-tie Inverter (GTI) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Grid-tie Inverter (GTI) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Grid-tie Inverter (GTI) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Grid-tie Inverter (GTI) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Grid-tie Inverter (GTI) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Grid-tie Inverter (GTI) Sales Breakdown by Type (2018-2023)
2 Global Grid-tie Inverter (GTI) Market Competition by Company
2.1 Global Top Players by Grid-tie Inverter (GTI) Sales (2018-2023)
2.2 Global Top Players by Grid-tie Inverter (GTI) Revenue (2018-2023)
2.3 Global Top Players by Grid-tie Inverter (GTI) Price (2018-2023)
2.4 Global Top Manufacturers Grid-tie Inverter (GTI) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Grid-tie Inverter (GTI) Market Competitive Situation and Trends
2.5.1 Grid-tie Inverter (GTI) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Grid-tie Inverter (GTI) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Grid-tie Inverter (GTI) as of 2022)
2.7 Date of Key Manufacturers Enter into Grid-tie Inverter (GTI) Market
2.8 Key Manufacturers Grid-tie Inverter (GTI) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Grid-tie Inverter (GTI) Status and Outlook by Region
3.1 Global Grid-tie Inverter (GTI) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Grid-tie Inverter (GTI) Historic Market Size by Region
3.2.1 Global Grid-tie Inverter (GTI) Sales in Volume by Region (2018-2023)
3.2.2 Global Grid-tie Inverter (GTI) Sales in Value by Region (2018-2023)
3.2.3 Global Grid-tie Inverter (GTI) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Grid-tie Inverter (GTI) Forecasted Market Size by Region
3.3.1 Global Grid-tie Inverter (GTI) Sales in Volume by Region (2024-2029)
3.3.2 Global Grid-tie Inverter (GTI) Sales in Value by Region (2024-2029)
3.3.3 Global Grid-tie Inverter (GTI) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Grid-tie Inverter (GTI) by Application
4.1 Grid-tie Inverter (GTI) Market Segment by Application
4.1.1 DC Voltage Source
4.1.2 Grid Connection
4.1.3 Others
4.2 Global Grid-tie Inverter (GTI) Market Size by Application
4.2.1 Global Grid-tie Inverter (GTI) Market Size Overview by Application (2018-2029)
4.2.2 Global Grid-tie Inverter (GTI) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Grid-tie Inverter (GTI) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Grid-tie Inverter (GTI) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Grid-tie Inverter (GTI) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Grid-tie Inverter (GTI) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Grid-tie Inverter (GTI) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Grid-tie Inverter (GTI) Sales Breakdown by Application (2018-2023)
5 North America Grid-tie Inverter (GTI) by Country
5.1 North America Grid-tie Inverter (GTI) Historic Market Size by Country
5.1.1 North America Grid-tie Inverter (GTI) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Grid-tie Inverter (GTI) Sales in Volume by Country (2018-2023)
5.1.3 North America Grid-tie Inverter (GTI) Sales in Value by Country (2018-2023)
5.2 North America Grid-tie Inverter (GTI) Forecasted Market Size by Country
5.2.1 North America Grid-tie Inverter (GTI) Sales in Volume by Country (2024-2029)
5.2.2 North America Grid-tie Inverter (GTI) Sales in Value by Country (2024-2029)
6 Europe Grid-tie Inverter (GTI) by Country
6.1 Europe Grid-tie Inverter (GTI) Historic Market Size by Country
6.1.1 Europe Grid-tie Inverter (GTI) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Grid-tie Inverter (GTI) Sales in Volume by Country (2018-2023)
6.1.3 Europe Grid-tie Inverter (GTI) Sales in Value by Country (2018-2023)
6.2 Europe Grid-tie Inverter (GTI) Forecasted Market Size by Country
6.2.1 Europe Grid-tie Inverter (GTI) Sales in Volume by Country (2024-2029)
6.2.2 Europe Grid-tie Inverter (GTI) Sales in Value by Country (2024-2029)
7 Asia-Pacific Grid-tie Inverter (GTI) by Region
7.1 Asia-Pacific Grid-tie Inverter (GTI) Historic Market Size by Region
7.1.1 Asia-Pacific Grid-tie Inverter (GTI) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Grid-tie Inverter (GTI) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Grid-tie Inverter (GTI) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Grid-tie Inverter (GTI) Forecasted Market Size by Region
7.2.1 Asia-Pacific Grid-tie Inverter (GTI) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Grid-tie Inverter (GTI) Sales in Value by Region (2024-2029)
8 Latin America Grid-tie Inverter (GTI) by Country
8.1 Latin America Grid-tie Inverter (GTI) Historic Market Size by Country
8.1.1 Latin America Grid-tie Inverter (GTI) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Grid-tie Inverter (GTI) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Grid-tie Inverter (GTI) Sales in Value by Country (2018-2023)
8.2 Latin America Grid-tie Inverter (GTI) Forecasted Market Size by Country
8.2.1 Latin America Grid-tie Inverter (GTI) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Grid-tie Inverter (GTI) Sales in Value by Country (2024-2029)
9 Middle East and Africa Grid-tie Inverter (GTI) by Country
9.1 Middle East and Africa Grid-tie Inverter (GTI) Historic Market Size by Country
9.1.1 Middle East and Africa Grid-tie Inverter (GTI) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Grid-tie Inverter (GTI) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Grid-tie Inverter (GTI) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Grid-tie Inverter (GTI) Forecasted Market Size by Country
9.2.1 Middle East and Africa Grid-tie Inverter (GTI) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Grid-tie Inverter (GTI) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Cyber Power Systems
10.1.1 Cyber Power Systems Company Information
10.1.2 Cyber Power Systems Introduction and Business Overview
10.1.3 Cyber Power Systems Grid-tie Inverter (GTI) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Cyber Power Systems Grid-tie Inverter (GTI) Products Offered
10.1.5 Cyber Power Systems Recent Development
10.2 OutBack Power Technologies, Inc.
10.2.1 OutBack Power Technologies, Inc. Company Information
10.2.2 OutBack Power Technologies, Inc. Introduction and Business Overview
10.2.3 OutBack Power Technologies, Inc. Grid-tie Inverter (GTI) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 OutBack Power Technologies, Inc. Grid-tie Inverter (GTI) Products Offered
10.2.5 OutBack Power Technologies, Inc. Recent Development
10.3 Enphase Energy
10.3.1 Enphase Energy Company Information
10.3.2 Enphase Energy Introduction and Business Overview
10.3.3 Enphase Energy Grid-tie Inverter (GTI) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Enphase Energy Grid-tie Inverter (GTI) Products Offered
10.3.5 Enphase Energy Recent Development
10.4 SMA Solar Technology
10.4.1 SMA Solar Technology Company Information
10.4.2 SMA Solar Technology Introduction and Business Overview
10.4.3 SMA Solar Technology Grid-tie Inverter (GTI) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 SMA Solar Technology Grid-tie Inverter (GTI) Products Offered
10.4.5 SMA Solar Technology Recent Development
10.5 SolarEdge
10.5.1 SolarEdge Company Information
10.5.2 SolarEdge Introduction and Business Overview
10.5.3 SolarEdge Grid-tie Inverter (GTI) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 SolarEdge Grid-tie Inverter (GTI) Products Offered
10.5.5 SolarEdge Recent Development
10.6 Schneider Electric
10.6.1 Schneider Electric Company Information
10.6.2 Schneider Electric Introduction and Business Overview
10.6.3 Schneider Electric Grid-tie Inverter (GTI) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Schneider Electric Grid-tie Inverter (GTI) Products Offered
10.6.5 Schneider Electric Recent Development
10.7 Luminous
10.7.1 Luminous Company Information
10.7.2 Luminous Introduction and Business Overview
10.7.3 Luminous Grid-tie Inverter (GTI) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Luminous Grid-tie Inverter (GTI) Products Offered
10.7.5 Luminous Recent Development
10.8 Leonics
10.8.1 Leonics Company Information
10.8.2 Leonics Introduction and Business Overview
10.8.3 Leonics Grid-tie Inverter (GTI) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Leonics Grid-tie Inverter (GTI) Products Offered
10.8.5 Leonics Recent Development
10.9 INVT
10.9.1 INVT Company Information
10.9.2 INVT Introduction and Business Overview
10.9.3 INVT Grid-tie Inverter (GTI) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 INVT Grid-tie Inverter (GTI) Products Offered
10.9.5 INVT Recent Development
10.10 Easun Power
10.10.1 Easun Power Company Information
10.10.2 Easun Power Introduction and Business Overview
10.10.3 Easun Power Grid-tie Inverter (GTI) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Easun Power Grid-tie Inverter (GTI) Products Offered
10.10.5 Easun Power Recent Development
10.11 Alencon Systems LLC
10.11.1 Alencon Systems LLC Company Information
10.11.2 Alencon Systems LLC Introduction and Business Overview
10.11.3 Alencon Systems LLC Grid-tie Inverter (GTI) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Alencon Systems LLC Grid-tie Inverter (GTI) Products Offered
10.11.5 Alencon Systems LLC Recent Development
10.12 GoodWe
10.12.1 GoodWe Company Information
10.12.2 GoodWe Introduction and Business Overview
10.12.3 GoodWe Grid-tie Inverter (GTI) Sales, Revenue and Gross Margin (2018-2023)
10.12.4 GoodWe Grid-tie Inverter (GTI) Products Offered
10.12.5 GoodWe Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Grid-tie Inverter (GTI) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Grid-tie Inverter (GTI) Industrial Chain Analysis
11.4 Grid-tie Inverter (GTI) Market Dynamics
11.4.1 Grid-tie Inverter (GTI) Industry Trends
11.4.2 Grid-tie Inverter (GTI) Market Drivers
11.4.3 Grid-tie Inverter (GTI) Market Challenges
11.4.4 Grid-tie Inverter (GTI) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Grid-tie Inverter (GTI) Distributors
12.3 Grid-tie Inverter (GTI) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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