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Synopsis
PV Inverters, also known as power regulator and power regulator, is an indispensable part of the photovoltaic system.
The global PV Inverter market size is expected to reach US$ 12450 million by 2029, growing at a CAGR of 11.5% from 2023 to 2029. The market is mainly driven by the significant applications of PV Inverter in various end use industries. The expanding demands from the Residential, Business and Public Utilities,, are propelling PV 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 PV 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 PV 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 PV Inverter market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, PV 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 PV Inverter covered in this report include Huawei, Sungrow Power, SMA, Power Electronics, FIMER, SiNENG, GoodWe, SolarEdge Technologies and Ingeteam, etc.
The global PV 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 PV 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 PV Inverter market, Segment by Type:
- String Inverter
- Central Inverter
- Microinverters
Global PV 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 PV Inverter manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of PV 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 PV Inverter Market Overview
1.1 PV Inverter Product Overview
1.2 PV Inverter Market Segment by Type
1.2.1 String Inverter
1.2.2 Central Inverter
1.2.3 Microinverters
1.3 Global PV Inverter Market Size by Type
1.3.1 Global PV Inverter Market Size Overview by Type (2018-2029)
1.3.2 Global PV Inverter Historic Market Size Review by Type (2018-2023)
1.3.3 Global PV Inverter Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America PV Inverter Sales Breakdown by Type (2018-2023)
1.4.2 Europe PV Inverter Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific PV Inverter Sales Breakdown by Type (2018-2023)
1.4.4 Latin America PV Inverter Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa PV Inverter Sales Breakdown by Type (2018-2023)
2 Global PV Inverter Market Competition by Company
2.1 Global Top Players by PV Inverter Sales (2018-2023)
2.2 Global Top Players by PV Inverter Revenue (2018-2023)
2.3 Global Top Players by PV Inverter Price (2018-2023)
2.4 Global Top Manufacturers PV Inverter Manufacturing Base Distribution, Sales Area, Product Type
2.5 PV Inverter Market Competitive Situation and Trends
2.5.1 PV Inverter Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by PV 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 PV Inverter as of 2022)
2.7 Date of Key Manufacturers Enter into PV Inverter Market
2.8 Key Manufacturers PV Inverter Product Offered
2.9 Mergers & Acquisitions, Expansion
3 PV Inverter Status and Outlook by Region
3.1 Global PV Inverter Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global PV Inverter Historic Market Size by Region
3.2.1 Global PV Inverter Sales in Volume by Region (2018-2023)
3.2.2 Global PV Inverter Sales in Value by Region (2018-2023)
3.2.3 Global PV Inverter Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global PV Inverter Forecasted Market Size by Region
3.3.1 Global PV Inverter Sales in Volume by Region (2024-2029)
3.3.2 Global PV Inverter Sales in Value by Region (2024-2029)
3.3.3 Global PV Inverter Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global PV Inverter by Application
4.1 PV Inverter Market Segment by Application
4.1.1 Residential
4.1.2 Business
4.1.3 Public Utilities
4.2 Global PV Inverter Market Size by Application
4.2.1 Global PV Inverter Market Size Overview by Application (2018-2029)
4.2.2 Global PV Inverter Historic Market Size Review by Application (2018-2023)
4.2.3 Global PV Inverter Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America PV Inverter Sales Breakdown by Application (2018-2023)
4.3.2 Europe PV Inverter Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific PV Inverter Sales Breakdown by Application (2018-2023)
4.3.4 Latin America PV Inverter Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa PV Inverter Sales Breakdown by Application (2018-2023)
5 North America PV Inverter by Country
5.1 North America PV Inverter Historic Market Size by Country
5.1.1 North America PV Inverter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America PV Inverter Sales in Volume by Country (2018-2023)
5.1.3 North America PV Inverter Sales in Value by Country (2018-2023)
5.2 North America PV Inverter Forecasted Market Size by Country
5.2.1 North America PV Inverter Sales in Volume by Country (2024-2029)
5.2.2 North America PV Inverter Sales in Value by Country (2024-2029)
6 Europe PV Inverter by Country
6.1 Europe PV Inverter Historic Market Size by Country
6.1.1 Europe PV Inverter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe PV Inverter Sales in Volume by Country (2018-2023)
6.1.3 Europe PV Inverter Sales in Value by Country (2018-2023)
6.2 Europe PV Inverter Forecasted Market Size by Country
6.2.1 Europe PV Inverter Sales in Volume by Country (2024-2029)
6.2.2 Europe PV Inverter Sales in Value by Country (2024-2029)
7 Asia-Pacific PV Inverter by Region
7.1 Asia-Pacific PV Inverter Historic Market Size by Region
7.1.1 Asia-Pacific PV Inverter Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific PV Inverter Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific PV Inverter Sales in Value by Region (2018-2023)
7.2 Asia-Pacific PV Inverter Forecasted Market Size by Region
7.2.1 Asia-Pacific PV Inverter Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific PV Inverter Sales in Value by Region (2024-2029)
8 Latin America PV Inverter by Country
8.1 Latin America PV Inverter Historic Market Size by Country
8.1.1 Latin America PV Inverter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America PV Inverter Sales in Volume by Country (2018-2023)
8.1.3 Latin America PV Inverter Sales in Value by Country (2018-2023)
8.2 Latin America PV Inverter Forecasted Market Size by Country
8.2.1 Latin America PV Inverter Sales in Volume by Country (2024-2029)
8.2.2 Latin America PV Inverter Sales in Value by Country (2024-2029)
9 Middle East and Africa PV Inverter by Country
9.1 Middle East and Africa PV Inverter Historic Market Size by Country
9.1.1 Middle East and Africa PV Inverter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa PV Inverter Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa PV Inverter Sales in Value by Country (2018-2023)
9.2 Middle East and Africa PV Inverter Forecasted Market Size by Country
9.2.1 Middle East and Africa PV Inverter Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Huawei PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Sungrow Power PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.3.4 SMA PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Power Electronics PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.5.4 FIMER PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.6.4 SiNENG PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.7.4 GoodWe PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.8.4 SolarEdge Technologies PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Ingeteam PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.10.4 TBEA PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.11.4 KSTAR PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Growatt PV 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) PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Siemens (KACO) PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Delta Energy Systems PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.15.4 GinLong PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Fronius PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Schneider Electric PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.18.4 SOFARSOLAR PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Darfon Electronics PV 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 PV Inverter Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Powerone Micro System PV Inverter Products Offered
10.20.5 Powerone Micro System Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 PV 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 PV Inverter Industrial Chain Analysis
11.4 PV Inverter Market Dynamics
11.4.1 PV Inverter Industry Trends
11.4.2 PV Inverter Market Drivers
11.4.3 PV Inverter Market Challenges
11.4.4 PV Inverter Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 PV Inverter Distributors
12.3 PV 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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