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Photovoltaic Inverter-Global Market Insights and Sales Trends 2024

Photovoltaic Inverter-Global Market Insights and Sales Trends 2024

Publishing Date : Jan, 2024

License Type :
 

Report Code : 1851247

No of Pages : 120

Synopsis
Photovoltaic Inverter, also known as power regulator and power regulator, is an indispensable part of the photovoltaic system.
The global Photovoltaic Inverter market size is expected to reach US$ 5889.2 million by 2029, growing at a CAGR of 0.2% from 2023 to 2029. The market is mainly driven by the significant applications of Photovoltaic Inverter in various end use industries. The expanding demands from the Residential, Business and Public Utilities,, are propelling Photovoltaic Inverter market. String 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 Central Inverter segment is estimated at % CAGR for the next seven-year period.
The major players in global PV Inverter market include SMA, Huawei, etc. The top 2 players occupy about 30% shares of the global market. Asia-Pacific is main market, and occupies over 60% of the global market. String Inverter is the main type, with a share about 60%. Public Utilities is the main application, which holds a share about 45%.
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 Photovoltaic Inverter, 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 Photovoltaic Inverter 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 Photovoltaic Inverter market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Photovoltaic Inverter 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 Photovoltaic Inverter covered in this report include Huawei, Sungrow Power, SMA, Power Electronics, FIMER, SiNENG, GoodWe, SolarEdge Technologies and Ingeteam, etc.
The global Photovoltaic Inverter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Photovoltaic Inverter 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 Photovoltaic Inverter market, Segment by Type:
String Inverter
Central Inverter
Microinverters
Global Photovoltaic Inverter market, by Application
Residential
Business
Public Utilities
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 Photovoltaic Inverter manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Photovoltaic Inverter 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.
Index
1 Photovoltaic Inverter Market Overview
1.1 Photovoltaic Inverter Product Overview
1.2 Photovoltaic Inverter Market Segment by Type
1.2.1 String Inverter
1.2.2 Central Inverter
1.2.3 Microinverters
1.3 Global Photovoltaic Inverter Market Size by Type
1.3.1 Global Photovoltaic Inverter Market Size Overview by Type (2018-2029)
1.3.2 Global Photovoltaic Inverter Historic Market Size Review by Type (2018-2023)
1.3.3 Global Photovoltaic Inverter Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Photovoltaic Inverter Sales Breakdown by Type (2018-2023)
1.4.2 Europe Photovoltaic Inverter Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Photovoltaic Inverter Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Photovoltaic Inverter Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Photovoltaic Inverter Sales Breakdown by Type (2018-2023)
2 Global Photovoltaic Inverter Market Competition by Company
2.1 Global Top Players by Photovoltaic Inverter Sales (2018-2023)
2.2 Global Top Players by Photovoltaic Inverter Revenue (2018-2023)
2.3 Global Top Players by Photovoltaic Inverter Price (2018-2023)
2.4 Global Top Manufacturers Photovoltaic Inverter Manufacturing Base Distribution, Sales Area, Product Type
2.5 Photovoltaic Inverter Market Competitive Situation and Trends
2.5.1 Photovoltaic Inverter Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Photovoltaic Inverter 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 Photovoltaic Inverter as of 2022)
2.7 Date of Key Manufacturers Enter into Photovoltaic Inverter Market
2.8 Key Manufacturers Photovoltaic Inverter Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Photovoltaic Inverter Status and Outlook by Region
3.1 Global Photovoltaic Inverter Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Photovoltaic Inverter Historic Market Size by Region
3.2.1 Global Photovoltaic Inverter Sales in Volume by Region (2018-2023)
3.2.2 Global Photovoltaic Inverter Sales in Value by Region (2018-2023)
3.2.3 Global Photovoltaic Inverter Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Photovoltaic Inverter Forecasted Market Size by Region
3.3.1 Global Photovoltaic Inverter Sales in Volume by Region (2024-2029)
3.3.2 Global Photovoltaic Inverter Sales in Value by Region (2024-2029)
3.3.3 Global Photovoltaic Inverter Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Photovoltaic Inverter by Application
4.1 Photovoltaic Inverter Market Segment by Application
4.1.1 Residential
4.1.2 Business
4.1.3 Public Utilities
4.2 Global Photovoltaic Inverter Market Size by Application
4.2.1 Global Photovoltaic Inverter Market Size Overview by Application (2018-2029)
4.2.2 Global Photovoltaic Inverter Historic Market Size Review by Application (2018-2023)
4.2.3 Global Photovoltaic Inverter Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Photovoltaic Inverter Sales Breakdown by Application (2018-2023)
4.3.2 Europe Photovoltaic Inverter Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Photovoltaic Inverter Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Photovoltaic Inverter Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Photovoltaic Inverter Sales Breakdown by Application (2018-2023)
5 North America Photovoltaic Inverter by Country
5.1 North America Photovoltaic Inverter Historic Market Size by Country
5.1.1 North America Photovoltaic Inverter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Photovoltaic Inverter Sales in Volume by Country (2018-2023)
5.1.3 North America Photovoltaic Inverter Sales in Value by Country (2018-2023)
5.2 North America Photovoltaic Inverter Forecasted Market Size by Country
5.2.1 North America Photovoltaic Inverter Sales in Volume by Country (2024-2029)
5.2.2 North America Photovoltaic Inverter Sales in Value by Country (2024-2029)
6 Europe Photovoltaic Inverter by Country
6.1 Europe Photovoltaic Inverter Historic Market Size by Country
6.1.1 Europe Photovoltaic Inverter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Photovoltaic Inverter Sales in Volume by Country (2018-2023)
6.1.3 Europe Photovoltaic Inverter Sales in Value by Country (2018-2023)
6.2 Europe Photovoltaic Inverter Forecasted Market Size by Country
6.2.1 Europe Photovoltaic Inverter Sales in Volume by Country (2024-2029)
6.2.2 Europe Photovoltaic Inverter Sales in Value by Country (2024-2029)
7 Asia-Pacific Photovoltaic Inverter by Region
7.1 Asia-Pacific Photovoltaic Inverter Historic Market Size by Region
7.1.1 Asia-Pacific Photovoltaic Inverter Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Photovoltaic Inverter Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Photovoltaic Inverter Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Photovoltaic Inverter Forecasted Market Size by Region
7.2.1 Asia-Pacific Photovoltaic Inverter Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Photovoltaic Inverter Sales in Value by Region (2024-2029)
8 Latin America Photovoltaic Inverter by Country
8.1 Latin America Photovoltaic Inverter Historic Market Size by Country
8.1.1 Latin America Photovoltaic Inverter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Photovoltaic Inverter Sales in Volume by Country (2018-2023)
8.1.3 Latin America Photovoltaic Inverter Sales in Value by Country (2018-2023)
8.2 Latin America Photovoltaic Inverter Forecasted Market Size by Country
8.2.1 Latin America Photovoltaic Inverter Sales in Volume by Country (2024-2029)
8.2.2 Latin America Photovoltaic Inverter Sales in Value by Country (2024-2029)
9 Middle East and Africa Photovoltaic Inverter by Country
9.1 Middle East and Africa Photovoltaic Inverter Historic Market Size by Country
9.1.1 Middle East and Africa Photovoltaic Inverter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Photovoltaic Inverter Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Photovoltaic Inverter Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Photovoltaic Inverter Forecasted Market Size by Country
9.2.1 Middle East and Africa Photovoltaic Inverter Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Photovoltaic Inverter Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Huawei
10.1.1 Huawei Company Information
10.1.2 Huawei Introduction and Business Overview
10.1.3 Huawei Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Huawei Photovoltaic Inverter Products Offered
10.1.5 Huawei Recent Development
10.2 Sungrow Power
10.2.1 Sungrow Power Company Information
10.2.2 Sungrow Power Introduction and Business Overview
10.2.3 Sungrow Power Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Sungrow Power Photovoltaic Inverter Products Offered
10.2.5 Sungrow Power Recent Development
10.3 SMA
10.3.1 SMA Company Information
10.3.2 SMA Introduction and Business Overview
10.3.3 SMA Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.3.4 SMA Photovoltaic Inverter Products Offered
10.3.5 SMA Recent Development
10.4 Power Electronics
10.4.1 Power Electronics Company Information
10.4.2 Power Electronics Introduction and Business Overview
10.4.3 Power Electronics Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Power Electronics Photovoltaic Inverter Products Offered
10.4.5 Power Electronics Recent Development
10.5 FIMER
10.5.1 FIMER Company Information
10.5.2 FIMER Introduction and Business Overview
10.5.3 FIMER Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.5.4 FIMER Photovoltaic Inverter Products Offered
10.5.5 FIMER Recent Development
10.6 SiNENG
10.6.1 SiNENG Company Information
10.6.2 SiNENG Introduction and Business Overview
10.6.3 SiNENG Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.6.4 SiNENG Photovoltaic Inverter Products Offered
10.6.5 SiNENG Recent Development
10.7 GoodWe
10.7.1 GoodWe Company Information
10.7.2 GoodWe Introduction and Business Overview
10.7.3 GoodWe Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.7.4 GoodWe Photovoltaic Inverter Products Offered
10.7.5 GoodWe Recent Development
10.8 SolarEdge Technologies
10.8.1 SolarEdge Technologies Company Information
10.8.2 SolarEdge Technologies Introduction and Business Overview
10.8.3 SolarEdge Technologies Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.8.4 SolarEdge Technologies Photovoltaic Inverter Products Offered
10.8.5 SolarEdge Technologies Recent Development
10.9 Ingeteam
10.9.1 Ingeteam Company Information
10.9.2 Ingeteam Introduction and Business Overview
10.9.3 Ingeteam Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Ingeteam Photovoltaic Inverter Products Offered
10.9.5 Ingeteam Recent Development
10.10 TBEA
10.10.1 TBEA Company Information
10.10.2 TBEA Introduction and Business Overview
10.10.3 TBEA Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.10.4 TBEA Photovoltaic Inverter Products Offered
10.10.5 TBEA Recent Development
10.11 KSTAR
10.11.1 KSTAR Company Information
10.11.2 KSTAR Introduction and Business Overview
10.11.3 KSTAR Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.11.4 KSTAR Photovoltaic Inverter Products Offered
10.11.5 KSTAR Recent Development
10.12 Growatt
10.12.1 Growatt Company Information
10.12.2 Growatt Introduction and Business Overview
10.12.3 Growatt Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Growatt Photovoltaic Inverter Products Offered
10.12.5 Growatt Recent Development
10.13 Siemens (KACO)
10.13.1 Siemens (KACO) Company Information
10.13.2 Siemens (KACO) Introduction and Business Overview
10.13.3 Siemens (KACO) Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Siemens (KACO) Photovoltaic Inverter Products Offered
10.13.5 Siemens (KACO) Recent Development
10.14 Delta Energy Systems
10.14.1 Delta Energy Systems Company Information
10.14.2 Delta Energy Systems Introduction and Business Overview
10.14.3 Delta Energy Systems Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Delta Energy Systems Photovoltaic Inverter Products Offered
10.14.5 Delta Energy Systems Recent Development
10.15 GinLong
10.15.1 GinLong Company Information
10.15.2 GinLong Introduction and Business Overview
10.15.3 GinLong Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.15.4 GinLong Photovoltaic Inverter Products Offered
10.15.5 GinLong Recent Development
10.16 Fronius
10.16.1 Fronius Company Information
10.16.2 Fronius Introduction and Business Overview
10.16.3 Fronius Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Fronius Photovoltaic Inverter Products Offered
10.16.5 Fronius Recent Development
10.17 Schneider Electric
10.17.1 Schneider Electric Company Information
10.17.2 Schneider Electric Introduction and Business Overview
10.17.3 Schneider Electric Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Schneider Electric Photovoltaic Inverter Products Offered
10.17.5 Schneider Electric Recent Development
10.18 SOFARSOLAR
10.18.1 SOFARSOLAR Company Information
10.18.2 SOFARSOLAR Introduction and Business Overview
10.18.3 SOFARSOLAR Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.18.4 SOFARSOLAR Photovoltaic Inverter Products Offered
10.18.5 SOFARSOLAR Recent Development
10.19 Darfon Electronics
10.19.1 Darfon Electronics Company Information
10.19.2 Darfon Electronics Introduction and Business Overview
10.19.3 Darfon Electronics Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Darfon Electronics Photovoltaic Inverter Products Offered
10.19.5 Darfon Electronics Recent Development
10.20 Powerone Micro System
10.20.1 Powerone Micro System Company Information
10.20.2 Powerone Micro System Introduction and Business Overview
10.20.3 Powerone Micro System Photovoltaic Inverter Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Powerone Micro System Photovoltaic Inverter Products Offered
10.20.5 Powerone Micro System Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Photovoltaic Inverter 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 Photovoltaic Inverter Industrial Chain Analysis
11.4 Photovoltaic Inverter Market Dynamics
11.4.1 Photovoltaic Inverter Industry Trends
11.4.2 Photovoltaic Inverter Market Drivers
11.4.3 Photovoltaic Inverter Market Challenges
11.4.4 Photovoltaic Inverter Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Photovoltaic Inverter Distributors
12.3 Photovoltaic Inverter 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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