Analysts’ Viewpoint
PV (Photovoltaic) inverter, also referred to as solar inverter, converts variable DC current output of a PV solar panel into usable form of alternating current (AC). The inverter is one of the most important components of a PV plant. Every PV plant has an inverter, which transforms the direct current from the PV modules into alternating current that is compatible with the public grid. It simultaneously manages and keeps an eye on the entire plant. This assures that the PV modules always run at their maximum power, which is radiation- and temperature-dependent.
On the other hand, the inverter is in charge of ensuring that numerous safety standards are followed and continuously monitors the electrical grid. PV Inverters are widely used in commercial and utility sectors. Asia Pacific is estimated to provide significant PV inverter market opportunities to regional and global manufacturers. Rise in population and demand for electricity in the region is projected to boost the PV inverter market growth in Asia Pacific during the forecast period.
A PV inverter is an electrical device that converts DC output into useful alternating current. This electricity can be fed into the commercial grid or used by the off-grid networks. Typically, the output of PV inverters are 5 kW for private home rooftops; 10-20 kW for commercial plants, which includes factories and barn roofs; and 500-800 kW for use in PV power stations. One of the most important properties of PV inverter is its conversion efficiency. This inverter monitors the energy yield of the PV plant and alerts it of any issues.
PV inverter communication interference enables the inverter to control and monitor overall parameters, operational data, and yield. Presently, an increase in demand for effective energy in commercial and utility sectors is estimated to boost the PV inverter market demand.
A PV inverter plays an important role in accelerating solar innovation and meeting the energy demands for residential, commercial, and industrial applications. The PV inverter is clean and renewable, and uses clean, renewable, and pollution-free energy sources, i.e. solar energy, to provide power to numerous household appliances, industrial equipment, utility grids, and many more.
PV inverters lower electricity demand and hence reduce electricity bills; they also reduce maintenance costs while mitigating the greenhouse gas effect. They are highly efficient and their efficiency can be improved by electronic techniques known as maximum power point tracking (MPPT).
PV inverters are efficient and renewable and do not contribute to any environmental pollution as compared to the extensively used inverters currently. The global PV inverter market forecast is projected to be highly promising during the forecast period, due to the high demand for renewable and efficient inverters in commercial and utility sectors.
Demand for safe and secure inverters has been increasing for the last few years, due to the different incidences of electric shock, short circuits, and fire due to heavy loads and high temperatures. These are driving the need for safe and secure inverters.
One of the most important characteristics of a PV inverter is its conversion efficiency. This conversion efficiency indicates the effective conversion of direct current to alternating current. PV inverters possess an efficiency of 98%, which is perfect for present-day modern devices.
The PV inverter monitors the energy yield of the PV plant. It also monitors the power grid that it is connected to and in the event of an issue in the grid, it immediately disconnects the plant from the grid in order to protect the grid.
The temperature in the inverter housing also influences conversion efficiency. If it rises too much, the inverter has to reduce its power. The communication interface on a PV inverter allows it to control and monitor operational data and power yield. Thus, the growing demand for safe and reliable inverters is anticipated to propel the PV inverter business growth during the forecast period.
PV inverters of 500-800 kW power output capacity are majorly used in PV power plants. A large-scale photovoltaic system (PV system) created to feed power into the country's electrical grid is referred to as a photovoltaic power station, also referred to as a solar park or farm. Photovoltaic power stations provide electricity at the utility level, as opposed to dispersed solar panels on buildings.
The consistent increase in demand for renewable energy for the last few years has fueled the demand for solar energy, which in turn has propelled the demand for PV inverters. Grid-connect inverters, a type of PV inverters, synchronize with the electric grid and work efficiently by testing their output with input feed connected to solar panels into the grid.
These inverters are not only used for residential houses but also used in commercial buildings. The grid-connected inverter efficiently converts DC electricity into AC, which is ideal for commercial buildings. This inverter is cost-effective and less expensive than other inverters.
According to the latest PV inverter market analysis, the commercial sector has emerged as the leading end-user segment of the market. The rise in demand for energy, rather safer energy, is boosting the development of safer energy systems for different commercial and utility sectors.
The rise in development for sustainable, safer inverters is expected to boost the demand for PV inverters in the commercial sector during the forecast period. The commercial segment held a notable PV inverter market share in 2022. The segment is estimated to grow at an above-average CAGR during the forecast period. Demand for cost-efficient, renewable, and secure inverters is expected to increase in during the forecast period.
According to the latest region-wise analysis of the global PV inverter industry research report, Asia Pacific was a highly attractive market and held the largest share in 2022. The market in the region is expected to grow at an average CAGR, owing to increase in demand for energy in commercial and utility sectors in countries such as China, India and Japan; an increase in population; and the presence of emerging economies in the region.
The per capita consumption of PV inverters in India, China, Singapore, and South Korea and countries in ASEAN and GCC is likely to increase significantly in the near future due to the economic growth in these countries and sub-regions.
The global PV inverter business is dominated by a few large and medium players operating across the world. The top few players operating in the PV Inverter market, cumulatively, accounted for more than 40% to 45% share in 2022.
Key players follow prominent PV inverter market trends and emphasize on technological innovations, business expansion through acquisitions, financial restructuring and investments, capacity expansion, merger and acquisition in order to consolidate their position in the global PV inverter industry. SUNGROW, DARFON ELECTRONICS CORP, Schneider Electric, Enphase Energy, and Siemens are the prominent entities operating in the market.
The PV inverter market report also includes profiles of key players who have been analyzed based on various parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
|
Attribute |
Detail |
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PV Inverter Market Size Value in 2022 |
US$ 10.7 Bn |
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PV Inverter Market Forecast Value in 2031 |
US$ 37.6 Bn |
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Growth Rate (CAGR) |
15.0% |
|
Forecast Period |
2023-2031 |
|
Historical Data Available for |
2021 |
|
Quantitative Units |
US$ Bn for Value and Kilo Watt for Volume |
|
Market Analysis |
It includes cross segment analysis at Europe as well as country level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
|
Competition Landscape |
|
|
Format |
Electronic (PDF) + Excel |
|
Market Segmentation |
|
|
Regions Covered |
|
|
Countries Covered |
|
|
Companies Profiled |
|
|
Customization Scope |
Available upon request |
|
Pricing |
Available upon request |
The global market stood at US$ 10.7 Bn in 2022
It is expected to grow at a CAGR of 15.0% from 2022 to 2031
Increase in demand for renewable and efficient inverters, rise in demand for safe and secure inverters, and rise in adoption of PV inverter in commercial sectors and utility sector for conversion of DC to AC.
The commercial end-use segment held largest share in 2022
Asia Pacific was the most lucrative region in 2022
SUNGROW, DARFON ELECTRONICS CORP, Schneider Electric, Enphase Energy, and Siemens
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Key Facts and Figures
1.4. Trends Impacting Market
1.5. TMR’s Growth Opportunity Wheel
2. Market Overview
2.1. Market Segmentation
2.2. Key Developments
2.3. Market Definitions
2.4. Key Market Trends
2.5. Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunities
2.6. Global PV Inverter Market Analysis and Forecasts, 2022-2031
2.6.1. Global PV Inverter Market Volume (Kilo Watt)
2.6.2. Global PV Inverter Market Revenue (US$ Mn)
2.7. Porter’s Five Forces Analysis
2.8. Regulatory Landscape
2.9. Value Chain Analysis
2.9.1. List of Component Providers
2.9.2. List of Manufacturers
2.9.3. List of Dealers/Distributors
2.9.4. List of Potential Customers
2.10. Production Overview
2.11. Product Specification Analysis
2.12. Cost Structure Analysis
3. COVID-19 Impact Analysis
3.1. Impact on the Supply Chain of the PV Inverter
3.2. Impact on the Demand of PV Inverter- Pre & Post Crisis
4. Impact of Current Geopolitical Scenario on Market
5. Production Output Analysis (Kilo Watt), 2021
5.1. North America
5.2. Europe
5.3. Asia Pacific
5.4. Latin America
5.5. Middle East and Africa
6. Price Trend Analysis and Forecast (US$/Ton), 2022-2031
6.1. Price Comparison Analysis by Power Output
6.2. Price Comparison Analysis by Region
7. Global PV Inverter Market Analysis and Forecast, by Power Output, 2022-2031
7.1. Introduction and Definitions
7.2. Global PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
7.2.1. 5 kW
7.2.2. 10 - 20 kW
7.2.3. 500 - 800 kW
7.3. Global PV Inverter Market Attractiveness, by Power Output
8. Global PV Inverter Market Analysis and Forecast, by Type, 2022-2031
8.1. Introduction and Definitions
8.2. Global PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
8.2.1. Standalone inverters
8.2.2. Grid-connected inverters
8.3. Global PV Inverter Market Attractiveness, by Type
9. Global PV Inverter Market Analysis and Forecast, End-use, 2022-2031
9.1. Introduction and Definitions
9.2. Global PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
9.2.1. Residential
9.2.2. Commercial
9.2.3. Industrial
9.2.4. Utility
9.3. Global PV Inverter Market Attractiveness, by End-use
10. Global PV Inverter Market Analysis and Forecast, by Region, 2022-2031
10.1. Key Findings
10.2. Global PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Region, 2022-2031
10.2.1. North America
10.2.2. Europe
10.2.3. Asia Pacific
10.2.4. Latin America
10.2.5. Middle East & Africa
10.3. Global PV Inverter Market Attractiveness, by Region
11. North America PV Inverter Market Analysis and Forecast, 2022-2031
11.1. Key Findings
11.2. North America PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
11.3. North America PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
11.4. North America PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
11.5. North America PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Country, 2022-2031
11.5.1. U.S. PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
11.5.2. U.S. PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
11.5.3. U.S. PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
11.5.4. Canada PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
11.5.5. Canada PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
11.5.6. Canada PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
11.6. North America PV Inverter Market Attractiveness Analysis
12. Europe PV Inverter Market Analysis and Forecast, 2022-2031
12.1. Key Findings
12.2. Europe PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
12.3. Europe PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
12.4. Europe PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
12.5. Europe PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Country and Sub-region, 2022-2031
12.5.1. Germany PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
12.5.2. Germany PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
12.5.3. Germany PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
12.5.4. France PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
12.5.5. France PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
12.5.6. France PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
12.5.7. U.K. PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
12.5.8. U.K. PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
12.5.9. U.K. PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
12.5.10. Italy PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
12.5.11. Italy. PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
12.5.12. Italy PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
12.5.13. Russia & CIS PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
12.5.14. Russia & CIS PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
12.5.15. Russia & CIS PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
12.5.16. Rest of Europe PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
12.5.17. Rest of Europe PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
12.5.18. Rest of Europe PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
12.6. Europe PV Inverter Market Attractiveness Analysis
13. Asia Pacific PV Inverter Market Analysis and Forecast, 2022-2031
13.1. Key Findings
13.2. Asia Pacific PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output
13.3. Asia Pacific PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
13.4. Asia Pacific PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
13.5. Asia Pacific PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Country and Sub-region, 2022-2031
13.5.1. China PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
13.5.2. China PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
13.5.3. China PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
13.5.4. Japan PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
13.5.5. Japan PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
13.5.6. Japan PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
13.5.7. India PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
13.5.8. India PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
13.5.9. India PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
13.5.10. ASEAN PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
13.5.11. ASEAN PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
13.5.12. ASEAN PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
13.5.13. Rest of Asia Pacific PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
13.5.14. Rest of Asia Pacific PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
13.5.15. Rest of Asia Pacific PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
13.6. Asia Pacific PV Inverter Market Attractiveness Analysis
14. Latin America PV Inverter Market Analysis and Forecast, 2022-2031
14.1. Key Findings
14.2. Latin America PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
14.3. Latin America PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
14.4. Latin America PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
14.5. Latin America PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Country and Sub-region, 2022-2031
14.5.1. Brazil PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
14.5.2. Brazil PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
14.5.3. Brazil PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
14.5.4. Mexico PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
14.5.5. Mexico PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
14.5.6. Mexico PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
14.5.7. Rest of Latin America PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
14.5.8. Rest of Latin America PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
14.5.9. Rest of Latin America PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
14.6. Latin America PV Inverter Market Attractiveness Analysis
15. Middle East & Africa PV Inverter Market Analysis and Forecast, 2022-2031
15.1. Key Findings
15.2. Middle East & Africa PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
15.3. Middle East & Africa PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
15.4. Middle East & Africa PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
15.5. Middle East & Africa PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Country and Sub-region, 2022-2031
15.5.1. GCC PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
15.5.2. GCC PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
15.5.3. GCC PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
15.5.4. South Africa PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
15.5.5. South Africa PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
15.5.6. South Africa PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
15.5.7. Rest of Middle East & Africa PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Power Output, 2022-2031
15.5.8. Rest of Middle East & Africa PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by Type, 2022-2031
15.5.9. Rest of Middle East & Africa PV Inverter Market Volume (Kilo Watt) and Value (US$ Mn) Forecast, by End-use, 2022-2031
15.6. Middle East & Africa PV Inverter Market Attractiveness Analysis
16. Competition Landscape
16.1. Market Players - Competition Matrix (by Tier and Size of Companies)
16.2. Market Share Analysis, 2021
16.3. Market Footprint Analysis
16.3.1. By Power Output
16.3.2. By Type
16.3.3. By End-use
16.4. Company Profiles
16.4.1. SUNGROW
16.4.1.1. Company Revenue
16.4.1.2. Business Overview
16.4.1.3. Power Output Segments
16.4.1.4. Geographic Footprint
16.4.1.5. Production Power Output/Plant Details, etc. (*As Applicable)
16.4.1.6. Strategic Partnership, Power Output Expansion, New Power Output Innovation etc.
16.4.2. DARFON ELECTRONICS CORP
16.4.2.1. Company Revenue
16.4.2.2. Business Overview
16.4.2.3. Power Output Segments
16.4.2.4. Geographic Footprint
16.4.2.5. Production Power Output/Plant Details, etc. (*As Applicable)
16.4.2.6. Strategic Partnership, Power Output Expansion, New Power Output Innovation etc.
16.4.3. Schneider Electric
16.4.3.1. Company Revenue
16.4.3.2. Business Overview
16.4.3.3. Power Output Segments
16.4.3.4. Geographic Footprint
16.4.3.5. Production Power Output/Plant Details, etc. (*As Applicable)
16.4.3.6. Strategic Partnership, Power Output Expansion, New Power Output Innovation etc.
16.4.4. Enphase Energy
16.4.4.1. Company Revenue
16.4.4.2. Business Overview
16.4.4.3. Power Output Segments
16.4.4.4. Geographic Footprint
16.4.4.5. Production Power Output/Plant Details, etc. (*As Applicable)
16.4.4.6. Strategic Partnership, Power Output Expansion, New Power Output Innovation etc.
16.4.5. Siemens
16.4.5.1. Company Revenue
16.4.5.2. Business Overview
16.4.5.3. Power Output Segments
16.4.5.4. Geographic Footprint
16.4.5.5. Production Power Output/Plant Details, etc. (*As Applicable)
16.4.5.6. Strategic Partnership, Power Output Expansion, New Power Output Innovation etc.
16.4.6. Fimer Group
16.4.6.1. Company Revenue
16.4.6.2. Business Overview
16.4.6.3. Power Output Segments
16.4.6.4. Geographic Footprint
16.4.6.5. Production Power Output/Plant Details, etc. (*As Applicable)
16.4.6.6. Strategic Partnership, Power Output Expansion, New Power Output Innovation etc.
16.4.7. SMA Solar Technology AG
16.4.7.1. Company Revenue
16.4.7.2. Business Overview
16.4.7.3. Power Output Segments
16.4.7.4. Geographic Footprint
16.4.7.5. Production Power Output/Plant Details, etc. (*As Applicable)
16.4.7.6. Strategic Partnership, Power Output Expansion, New Power Output Innovation etc.
16.4.8. OMRON Corporation
16.4.8.1. Company Revenue
16.4.8.2. Business Overview
16.4.8.3. Power Output Segments
16.4.8.4. Geographic Footprint
16.4.8.5. Production Power Output/Plant Details, etc. (*As Applicable)
16.4.8.6. Strategic Partnership, Power Output Expansion, New Power Output Innovation etc.
16.4.9. Delta Electronics, Inc.
16.4.9.1. Company Revenue
16.4.9.2. Business Overview
16.4.9.3. Power Output Segments
16.4.9.4. Geographic Footprint
16.4.9.5. Production Power Output/Plant Details, etc. (*As Applicable)
16.4.9.6. Strategic Partnership, Power Output Expansion, New Power Output Innovation etc.
16.4.10. Power Electronics S.L.
16.4.10.1. Company Revenue
16.4.10.2. Business Overview
16.4.10.3. Power Output Segments
16.4.10.4. Geographic Footprint
16.4.10.5. Production Power Output/Plant Details, etc. (*As Applicable)
16.4.10.6. Strategic Partnership, Power Output Expansion, New Power Output Innovation etc.
17. Primary Research: Key Insights
18. Appendix
List of Tables
Table 1: Global PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 2: Global PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 3: Global PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 4: Global PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 5: Global PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 6: Global PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 7: Global PV Inverter Market Volume (Kilo Watt) Forecast, by Region, 2022-2031
Table 8: Global PV Inverter Market Value (US$ Mn) Forecast, by Region, 2022-2031
Table 9: North America PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 10: North America PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 11: North America PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 12: North America PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 13: North America PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 14: North America PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 15: North America PV Inverter Market Volume (Kilo Watt) Forecast, by Country, 2022-2031
Table 16: North America PV Inverter Market Value (US$ Mn) Forecast, by Country, 2022-2031
Table 17: U.S. PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 18: U.S. PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 19: U.S. PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 20: U.S. PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 21: U.S. PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 22: U.S. PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 23: Canada PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 24: Canada PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 25: Canada PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 26: Canada PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 27: Canada PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 28: Canada PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 29: Europe PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 30: Europe PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 31: Europe PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 32: Europe PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 33: Europe PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 34: Europe PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 35: Europe PV Inverter Market Volume (Kilo Watt) Forecast, by Country and Sub-region, 2022-2031
Table 36: Europe PV Inverter Market Value (US$ Mn) Forecast, by Country and Sub-region, 2022-2031
Table 37: Germany PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 38: Germany PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 39: Germany PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 40: Germany PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 41: Germany PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 42: Germany PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 43: France PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 44: France PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 45: France PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 46: France PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 47: France PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 48: France PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 49: U.K. PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 50: U.K. PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 51: U.K. PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 52: U.K. PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 53: U.K. PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 54: U.K. PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 55: Italy PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 56: Italy PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 57: Italy PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 58: Italy PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 59: Italy PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 60: Italy PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 61: Spain PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 62: Spain PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 63: Spain PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 64: Spain PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 65: Spain PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 66: Spain PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 67: Russia & CIS PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 68: Russia & CIS PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 69: Russia & CIS PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 70: Russia & CIS PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 71: Russia & CIS PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 72: Russia & CIS PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 73: Rest of Europe PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 74: Rest of Europe PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 75: Rest of Europe PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 76: Rest of Europe PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 77: Rest of Europe PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 78: Rest of Europe PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 79: Asia Pacific PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 80: Asia Pacific PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 81: Asia Pacific PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 82: Asia Pacific PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 83: Asia Pacific PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 84: Asia Pacific PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 85: Asia Pacific PV Inverter Market Volume (Kilo Watt) Forecast, by Country and Sub-region, 2022-2031
Table 86: Asia Pacific PV Inverter Market Value (US$ Mn) Forecast, by Country and Sub-region, 2022-2031
Table 87: China PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 88: China PV Inverter Market Value (US$ Mn) Forecast, by Power Output 2022-2031
Table 89: China PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 90: China PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 91: China PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 92: China PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 93: Japan PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 94: Japan PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 95: Japan PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 96: Japan PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 97: Japan PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 98: Japan PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 99: India PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 100: India PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 101: India PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 102: India PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 103: India PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 104: India PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 105: India PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 106: India PV Inverter Market Value (US$ Mn) Forecast, by End-use 2022-2031
Table 107: ASEAN PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 108: ASEAN PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 109: ASEAN PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 110: ASEAN PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 111: ASEAN PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 112: ASEAN PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 113: Rest of Asia Pacific PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 114: Rest of Asia Pacific PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 115: Rest of Asia Pacific PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 116: Rest of Asia Pacific PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 117: Rest of Asia Pacific PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 118: Rest of Asia Pacific PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 119: Latin America PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 120: Latin America PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 121: Latin America PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 122: Latin America PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 123: Latin America PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 124: Latin America PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 125: Latin America PV Inverter Market Volume (Kilo Watt) Forecast, by Country and Sub-region, 2022-2031
Table 126: Latin America PV Inverter Market Value (US$ Mn) Forecast, by Country and Sub-region, 2022-2031
Table 127: Brazil PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 128: Brazil PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 129: Brazil PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 130: Brazil PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 131: Brazil PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 132: Brazil PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 133: Mexico PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 134: Mexico PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 135: Mexico PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 136: Mexico PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 137: Mexico PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 138: Mexico PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 139: Rest of Latin America PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 140: Rest of Latin America PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 141: Rest of Latin America PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 142: Rest of Latin America PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 143: Rest of Latin America PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 144: Rest of Latin America PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 145: Middle East & Africa PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 146: Middle East & Africa PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 147: Middle East & Africa PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 148: Middle East & Africa PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 149: Middle East & Africa PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 150: Middle East & Africa PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 151: Middle East & Africa PV Inverter Market Volume (Kilo Watt) Forecast, by Country and Sub-region, 2022-2031
Table 152: Middle East & Africa PV Inverter Market Value (US$ Mn) Forecast, by Country and Sub-region, 2022-2031
Table 153: GCC PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 154: GCC PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 155: GCC PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 156: GCC PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 157: GCC PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 158: GCC PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 159: South Africa PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 160: South Africa PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 161: South Africa PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 162: South Africa PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 163: South Africa PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 164: South Africa PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
Table 165: Rest of Middle East & Africa PV Inverter Market Volume (Kilo Watt) Forecast, by Power Output, 2022-2031
Table 166: Rest of Middle East & Africa PV Inverter Market Value (US$ Mn) Forecast, by Power Output, 2022-2031
Table 167: Rest of Middle East & Africa PV Inverter Market Volume (Kilo Watt) Forecast, by Type, 2022-2031
Table 168: Rest of Middle East & Africa PV Inverter Market Value (US$ Mn) Forecast, by Type, 2022-2031
Table 169: Rest of Middle East & Africa PV Inverter Market Volume (Kilo Watt) Forecast, by End-use, 2022-2031
Table 170: Rest of Middle East & Africa PV Inverter Market Value (US$ Mn) Forecast, by End-use, 2022-2031
List of Figures
Figure 1: Global PV Inverter Market Volume Share Analysis, by Power Output, 2021, 2025, and 2031
Figure 2: Global PV Inverter Market Attractiveness, by Power Output
Figure 3: Global PV Inverter Market Volume Share Analysis, by Type, 2021, 2025, and 2031
Figure 4: Global PV Inverter Market Attractiveness, by Type
Figure 5: Global PV Inverter Market Volume Share Analysis, by End-use, 2021, 2025, and 2031
Figure 6: Global PV Inverter Market Attractiveness, by End-use
Figure 7: Global PV Inverter Market Volume Share Analysis, by Region, 2021, 2025, and 2031
Figure 8: Global PV Inverter Market Attractiveness, by Region
Figure 9: North America PV Inverter Market Volume Share Analysis, by Power Output, 2021, 2025, and 2031
Figure 10: North America PV Inverter Market Attractiveness, by Power Output
Figure 11: North America PV Inverter Market Attractiveness, by Power Output
Figure 12: North America PV Inverter Market Volume Share Analysis, by Type, 2021, 2025, and 2031
Figure 13: North America PV Inverter Market Attractiveness, by Type
Figure 14: North America PV Inverter Market Volume Share Analysis, by End-use, 2021, 2025, and 2031
Figure 15: North America PV Inverter Market Attractiveness, by End-use
Figure 16: North America PV Inverter Market Attractiveness, by Country and Sub-region
Figure 17: Europe PV Inverter Market Volume Share Analysis, by Power Output, 2021, 2025, and 2031
Figure 18: Europe PV Inverter Market Attractiveness, by Power Output
Figure 19: Europe PV Inverter Market Volume Share Analysis, by Type, 2021, 2025, and 2031
Figure 20: Europe PV Inverter Market Attractiveness, by Type
Figure 21: Europe PV Inverter Market Volume Share Analysis, by End-use, 2021, 2025, and 2031
Figure 22: Europe PV Inverter Market Attractiveness, by End-use
Figure 23: Europe PV Inverter Market Volume Share Analysis, by Country and Sub-region, 2021, 2025, and 2031
Figure 24: Europe PV Inverter Market Attractiveness, by Country and Sub-region
Figure 25: Asia Pacific PV Inverter Market Volume Share Analysis, by Power Output, 2021, 2025, and 2031
Figure 26: Asia Pacific PV Inverter Market Attractiveness, by Power Output
Figure 27: Asia Pacific PV Inverter Market Volume Share Analysis, by Type, 2021, 2025, and 2031
Figure 28: Asia Pacific PV Inverter Market Attractiveness, by Type
Figure 29: Asia Pacific PV Inverter Market Volume Share Analysis, by End-use, 2021, 2025, and 2031
Figure 30: Asia Pacific PV Inverter Market Attractiveness, by End-use
Figure 31: Asia Pacific PV Inverter Market Volume Share Analysis, by Country and Sub-region, 2021, 2025, and 2031
Figure 32: Asia Pacific PV Inverter Market Attractiveness, by Country and Sub-region
Figure 33: Latin America PV Inverter Market Volume Share Analysis, by Power Output, 2021, 2025, and 2031
Figure 34: Latin America PV Inverter Market Attractiveness, by Power Output
Figure 35: Latin America PV Inverter Market Volume Share Analysis, by Type, 2021, 2025, and 2031
Figure 36: Latin America PV Inverter Market Attractiveness, by Type
Figure 37: Latin America PV Inverter Market Volume Share Analysis, by End-use, 2021, 2025, and 2031
Figure 38: Latin America PV Inverter Market Attractiveness, by End-use
Figure 39: Latin America PV Inverter Market Volume Share Analysis, by Country and Sub-region, 2021, 2025, and 2031
Figure 40: Latin America PV Inverter Market Attractiveness, by Country and Sub-region
Figure 41: Middle East & Africa PV Inverter Market Volume Share Analysis, by Power Output, 2021, 2025, and 2031
Figure 42: Middle East & Africa PV Inverter Market Attractiveness, by Power Output
Figure 43: Middle East & Africa PV Inverter Market Volume Share Analysis, by Type, 2021, 2025, and 2031
Figure 44: Middle East & Africa PV Inverter Market Attractiveness, by Type
Figure 45: Middle East & Africa PV Inverter Market Volume Share Analysis, by End-use, 2021, 2025, and 2031
Figure 46: Middle East & Africa PV Inverter Market Attractiveness, by End-use
Figure 47: Middle East & Africa PV Inverter Market Volume Share Analysis, by Country and Sub-region, 2021, 2025, and 2031
Figure 48: Middle East & Africa PV Inverter Market Attractiveness, by Country and Sub-region
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