Global PV Inverter Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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Published Date: 02 Jan 2024

Category: Energy & Power

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

According to our (Global Info Research) latest study, the global PV Inverter market size was valued at USD 5987.5 million in 2023 and is forecast to a readjusted size of USD 12440 million by 2030 with a CAGR of 11.0% during review period.

PV Inverters, also known as power regulator and power regulator, is an indispensable part of the photovoltaic system.

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%.

The Global Info Research report includes an overview of the development of the PV Inverter industry chain, the market status of Residential (String Inverter, Central Inverter), Business (String Inverter, Central Inverter), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of PV Inverter.

Regionally, the report analyzes the PV Inverter markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global PV Inverter market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:
The report presents comprehensive understanding of the PV Inverter market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the PV Inverter industry.

The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., String Inverter, Central Inverter).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the PV Inverter market.

Regional Analysis: The report involves examining the PV Inverter market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the PV Inverter market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to PV Inverter:
Company Analysis: Report covers individual PV Inverter manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards PV Inverter This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Residential, Business).

Technology Analysis: Report covers specific technologies relevant to PV Inverter. It assesses the current state, advancements, and potential future developments in PV Inverter areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the PV Inverter market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation
PV Inverter market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
String Inverter
Central Inverter
Microinverters

Market segment by Application
Residential
Business
Public Utilities

Major players covered
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

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe PV Inverter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of PV Inverter, with price, sales, revenue and global market share of PV Inverter from 2019 to 2024.
Chapter 3, the PV Inverter competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the PV Inverter breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and PV Inverter market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of PV Inverter.
Chapter 14 and 15, to describe PV Inverter sales channel, distributors, customers, research findings and conclusion.

Table of Contents

1 Market Overview
    1.1 Product Overview and Scope of PV Inverter
    1.2 Market Estimation Caveats and Base Year
    1.3 Market Analysis by Type
        1.3.1 Overview: Global PV Inverter Consumption Value by Type: 2019 Versus 2023 Versus 2030
        1.3.2 String Inverter
        1.3.3 Central Inverter
        1.3.4 Microinverters
    1.4 Market Analysis by Application
        1.4.1 Overview: Global PV Inverter Consumption Value by Application: 2019 Versus 2023 Versus 2030
        1.4.2 Residential
        1.4.3 Business
        1.4.4 Public Utilities
    1.5 Global PV Inverter Market Size & Forecast
        1.5.1 Global PV Inverter Consumption Value (2019 & 2023 & 2030)
        1.5.2 Global PV Inverter Sales Quantity (2019-2030)
        1.5.3 Global PV Inverter Average Price (2019-2030)

2 Manufacturers Profiles
    2.1 Huawei
        2.1.1 Huawei Details
        2.1.2 Huawei Major Business
        2.1.3 Huawei PV Inverter Product and Services
        2.1.4 Huawei PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.1.5 Huawei Recent Developments/Updates
    2.2 Sungrow Power
        2.2.1 Sungrow Power Details
        2.2.2 Sungrow Power Major Business
        2.2.3 Sungrow Power PV Inverter Product and Services
        2.2.4 Sungrow Power PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.2.5 Sungrow Power Recent Developments/Updates
    2.3 SMA
        2.3.1 SMA Details
        2.3.2 SMA Major Business
        2.3.3 SMA PV Inverter Product and Services
        2.3.4 SMA PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.3.5 SMA Recent Developments/Updates
    2.4 Power Electronics
        2.4.1 Power Electronics Details
        2.4.2 Power Electronics Major Business
        2.4.3 Power Electronics PV Inverter Product and Services
        2.4.4 Power Electronics PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.4.5 Power Electronics Recent Developments/Updates
    2.5 FIMER
        2.5.1 FIMER Details
        2.5.2 FIMER Major Business
        2.5.3 FIMER PV Inverter Product and Services
        2.5.4 FIMER PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.5.5 FIMER Recent Developments/Updates
    2.6 SiNENG
        2.6.1 SiNENG Details
        2.6.2 SiNENG Major Business
        2.6.3 SiNENG PV Inverter Product and Services
        2.6.4 SiNENG PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.6.5 SiNENG Recent Developments/Updates
    2.7 GoodWe
        2.7.1 GoodWe Details
        2.7.2 GoodWe Major Business
        2.7.3 GoodWe PV Inverter Product and Services
        2.7.4 GoodWe PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.7.5 GoodWe Recent Developments/Updates
    2.8 SolarEdge Technologies
        2.8.1 SolarEdge Technologies Details
        2.8.2 SolarEdge Technologies Major Business
        2.8.3 SolarEdge Technologies PV Inverter Product and Services
        2.8.4 SolarEdge Technologies PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.8.5 SolarEdge Technologies Recent Developments/Updates
    2.9 Ingeteam
        2.9.1 Ingeteam Details
        2.9.2 Ingeteam Major Business
        2.9.3 Ingeteam PV Inverter Product and Services
        2.9.4 Ingeteam PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.9.5 Ingeteam Recent Developments/Updates
    2.10 TBEA
        2.10.1 TBEA Details
        2.10.2 TBEA Major Business
        2.10.3 TBEA PV Inverter Product and Services
        2.10.4 TBEA PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.10.5 TBEA Recent Developments/Updates
    2.11 KSTAR
        2.11.1 KSTAR Details
        2.11.2 KSTAR Major Business
        2.11.3 KSTAR PV Inverter Product and Services
        2.11.4 KSTAR PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.11.5 KSTAR Recent Developments/Updates
    2.12 Growatt
        2.12.1 Growatt Details
        2.12.2 Growatt Major Business
        2.12.3 Growatt PV Inverter Product and Services
        2.12.4 Growatt PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.12.5 Growatt Recent Developments/Updates
    2.13 Siemens (KACO)
        2.13.1 Siemens (KACO) Details
        2.13.2 Siemens (KACO) Major Business
        2.13.3 Siemens (KACO) PV Inverter Product and Services
        2.13.4 Siemens (KACO) PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.13.5 Siemens (KACO) Recent Developments/Updates
    2.14 Delta Energy Systems
        2.14.1 Delta Energy Systems Details
        2.14.2 Delta Energy Systems Major Business
        2.14.3 Delta Energy Systems PV Inverter Product and Services
        2.14.4 Delta Energy Systems PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.14.5 Delta Energy Systems Recent Developments/Updates
    2.15 GinLong
        2.15.1 GinLong Details
        2.15.2 GinLong Major Business
        2.15.3 GinLong PV Inverter Product and Services
        2.15.4 GinLong PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.15.5 GinLong Recent Developments/Updates
    2.16 Fronius
        2.16.1 Fronius Details
        2.16.2 Fronius Major Business
        2.16.3 Fronius PV Inverter Product and Services
        2.16.4 Fronius PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.16.5 Fronius Recent Developments/Updates
    2.17 Schneider Electric
        2.17.1 Schneider Electric Details
        2.17.2 Schneider Electric Major Business
        2.17.3 Schneider Electric PV Inverter Product and Services
        2.17.4 Schneider Electric PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.17.5 Schneider Electric Recent Developments/Updates
    2.18 SOFARSOLAR
        2.18.1 SOFARSOLAR Details
        2.18.2 SOFARSOLAR Major Business
        2.18.3 SOFARSOLAR PV Inverter Product and Services
        2.18.4 SOFARSOLAR PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.18.5 SOFARSOLAR Recent Developments/Updates
    2.19 Darfon Electronics
        2.19.1 Darfon Electronics Details
        2.19.2 Darfon Electronics Major Business
        2.19.3 Darfon Electronics PV Inverter Product and Services
        2.19.4 Darfon Electronics PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.19.5 Darfon Electronics Recent Developments/Updates
    2.20 Powerone Micro System
        2.20.1 Powerone Micro System Details
        2.20.2 Powerone Micro System Major Business
        2.20.3 Powerone Micro System PV Inverter Product and Services
        2.20.4 Powerone Micro System PV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.20.5 Powerone Micro System Recent Developments/Updates

3 Competitive Environment: PV Inverter by Manufacturer
    3.1 Global PV Inverter Sales Quantity by Manufacturer (2019-2024)
    3.2 Global PV Inverter Revenue by Manufacturer (2019-2024)
    3.3 Global PV Inverter Average Price by Manufacturer (2019-2024)
    3.4 Market Share Analysis (2023)
        3.4.1 Producer Shipments of PV Inverter by Manufacturer Revenue ($MM) and Market Share (%): 2023
        3.4.2 Top 3 PV Inverter Manufacturer Market Share in 2023
        3.4.2 Top 6 PV Inverter Manufacturer Market Share in 2023
    3.5 PV Inverter Market: Overall Company Footprint Analysis
        3.5.1 PV Inverter Market: Region Footprint
        3.5.2 PV Inverter Market: Company Product Type Footprint
        3.5.3 PV Inverter Market: Company Product Application Footprint
    3.6 New Market Entrants and Barriers to Market Entry
    3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region
    4.1 Global PV Inverter Market Size by Region
        4.1.1 Global PV Inverter Sales Quantity by Region (2019-2030)
        4.1.2 Global PV Inverter Consumption Value by Region (2019-2030)
        4.1.3 Global PV Inverter Average Price by Region (2019-2030)
    4.2 North America PV Inverter Consumption Value (2019-2030)
    4.3 Europe PV Inverter Consumption Value (2019-2030)
    4.4 Asia-Pacific PV Inverter Consumption Value (2019-2030)
    4.5 South America PV Inverter Consumption Value (2019-2030)
    4.6 Middle East and Africa PV Inverter Consumption Value (2019-2030)

5 Market Segment by Type
    5.1 Global PV Inverter Sales Quantity by Type (2019-2030)
    5.2 Global PV Inverter Consumption Value by Type (2019-2030)
    5.3 Global PV Inverter Average Price by Type (2019-2030)

6 Market Segment by Application
    6.1 Global PV Inverter Sales Quantity by Application (2019-2030)
    6.2 Global PV Inverter Consumption Value by Application (2019-2030)
    6.3 Global PV Inverter Average Price by Application (2019-2030)

7 North America
    7.1 North America PV Inverter Sales Quantity by Type (2019-2030)
    7.2 North America PV Inverter Sales Quantity by Application (2019-2030)
    7.3 North America PV Inverter Market Size by Country
        7.3.1 North America PV Inverter Sales Quantity by Country (2019-2030)
        7.3.2 North America PV Inverter Consumption Value by Country (2019-2030)
        7.3.3 United States Market Size and Forecast (2019-2030)
        7.3.4 Canada Market Size and Forecast (2019-2030)
        7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe
    8.1 Europe PV Inverter Sales Quantity by Type (2019-2030)
    8.2 Europe PV Inverter Sales Quantity by Application (2019-2030)
    8.3 Europe PV Inverter Market Size by Country
        8.3.1 Europe PV Inverter Sales Quantity by Country (2019-2030)
        8.3.2 Europe PV Inverter Consumption Value by Country (2019-2030)
        8.3.3 Germany Market Size and Forecast (2019-2030)
        8.3.4 France Market Size and Forecast (2019-2030)
        8.3.5 United Kingdom Market Size and Forecast (2019-2030)
        8.3.6 Russia Market Size and Forecast (2019-2030)
        8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific
    9.1 Asia-Pacific PV Inverter Sales Quantity by Type (2019-2030)
    9.2 Asia-Pacific PV Inverter Sales Quantity by Application (2019-2030)
    9.3 Asia-Pacific PV Inverter Market Size by Region
        9.3.1 Asia-Pacific PV Inverter Sales Quantity by Region (2019-2030)
        9.3.2 Asia-Pacific PV Inverter Consumption Value by Region (2019-2030)
        9.3.3 China Market Size and Forecast (2019-2030)
        9.3.4 Japan Market Size and Forecast (2019-2030)
        9.3.5 Korea Market Size and Forecast (2019-2030)
        9.3.6 India Market Size and Forecast (2019-2030)
        9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
        9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America
    10.1 South America PV Inverter Sales Quantity by Type (2019-2030)
    10.2 South America PV Inverter Sales Quantity by Application (2019-2030)
    10.3 South America PV Inverter Market Size by Country
        10.3.1 South America PV Inverter Sales Quantity by Country (2019-2030)
        10.3.2 South America PV Inverter Consumption Value by Country (2019-2030)
        10.3.3 Brazil Market Size and Forecast (2019-2030)
        10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa
    11.1 Middle East & Africa PV Inverter Sales Quantity by Type (2019-2030)
    11.2 Middle East & Africa PV Inverter Sales Quantity by Application (2019-2030)
    11.3 Middle East & Africa PV Inverter Market Size by Country
        11.3.1 Middle East & Africa PV Inverter Sales Quantity by Country (2019-2030)
        11.3.2 Middle East & Africa PV Inverter Consumption Value by Country (2019-2030)
        11.3.3 Turkey Market Size and Forecast (2019-2030)
        11.3.4 Egypt Market Size and Forecast (2019-2030)
        11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
        11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics
    12.1 PV Inverter Market Drivers
    12.2 PV Inverter Market Restraints
    12.3 PV Inverter Trends Analysis
    12.4 Porters Five Forces Analysis
        12.4.1 Threat of New Entrants
        12.4.2 Bargaining Power of Suppliers
        12.4.3 Bargaining Power of Buyers
        12.4.4 Threat of Substitutes
        12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain
    13.1 Raw Material of PV Inverter and Key Manufacturers
    13.2 Manufacturing Costs Percentage of PV Inverter
    13.3 PV Inverter Production Process
    13.4 PV Inverter Industrial Chain

14 Shipments by Distribution Channel
    14.1 Sales Channel
        14.1.1 Direct to End-User
        14.1.2 Distributors
    14.2 PV Inverter Typical Distributors
    14.3 PV Inverter Typical Customers

15 Research Findings and Conclusion

16 Appendix
    16.1 Methodology
    16.2 Research Process and Data Source
    16.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Global PV Inverter Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
    Table 2. Global PV Inverter Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
    Table 3. Huawei Basic Information, Manufacturing Base and Competitors
    Table 4. Huawei Major Business
    Table 5. Huawei PV Inverter Product and Services
    Table 6. Huawei PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 7. Huawei Recent Developments/Updates
    Table 8. Sungrow Power Basic Information, Manufacturing Base and Competitors
    Table 9. Sungrow Power Major Business
    Table 10. Sungrow Power PV Inverter Product and Services
    Table 11. Sungrow Power PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 12. Sungrow Power Recent Developments/Updates
    Table 13. SMA Basic Information, Manufacturing Base and Competitors
    Table 14. SMA Major Business
    Table 15. SMA PV Inverter Product and Services
    Table 16. SMA PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 17. SMA Recent Developments/Updates
    Table 18. Power Electronics Basic Information, Manufacturing Base and Competitors
    Table 19. Power Electronics Major Business
    Table 20. Power Electronics PV Inverter Product and Services
    Table 21. Power Electronics PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 22. Power Electronics Recent Developments/Updates
    Table 23. FIMER Basic Information, Manufacturing Base and Competitors
    Table 24. FIMER Major Business
    Table 25. FIMER PV Inverter Product and Services
    Table 26. FIMER PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 27. FIMER Recent Developments/Updates
    Table 28. SiNENG Basic Information, Manufacturing Base and Competitors
    Table 29. SiNENG Major Business
    Table 30. SiNENG PV Inverter Product and Services
    Table 31. SiNENG PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 32. SiNENG Recent Developments/Updates
    Table 33. GoodWe Basic Information, Manufacturing Base and Competitors
    Table 34. GoodWe Major Business
    Table 35. GoodWe PV Inverter Product and Services
    Table 36. GoodWe PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 37. GoodWe Recent Developments/Updates
    Table 38. SolarEdge Technologies Basic Information, Manufacturing Base and Competitors
    Table 39. SolarEdge Technologies Major Business
    Table 40. SolarEdge Technologies PV Inverter Product and Services
    Table 41. SolarEdge Technologies PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 42. SolarEdge Technologies Recent Developments/Updates
    Table 43. Ingeteam Basic Information, Manufacturing Base and Competitors
    Table 44. Ingeteam Major Business
    Table 45. Ingeteam PV Inverter Product and Services
    Table 46. Ingeteam PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 47. Ingeteam Recent Developments/Updates
    Table 48. TBEA Basic Information, Manufacturing Base and Competitors
    Table 49. TBEA Major Business
    Table 50. TBEA PV Inverter Product and Services
    Table 51. TBEA PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 52. TBEA Recent Developments/Updates
    Table 53. KSTAR Basic Information, Manufacturing Base and Competitors
    Table 54. KSTAR Major Business
    Table 55. KSTAR PV Inverter Product and Services
    Table 56. KSTAR PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 57. KSTAR Recent Developments/Updates
    Table 58. Growatt Basic Information, Manufacturing Base and Competitors
    Table 59. Growatt Major Business
    Table 60. Growatt PV Inverter Product and Services
    Table 61. Growatt PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 62. Growatt Recent Developments/Updates
    Table 63. Siemens (KACO) Basic Information, Manufacturing Base and Competitors
    Table 64. Siemens (KACO) Major Business
    Table 65. Siemens (KACO) PV Inverter Product and Services
    Table 66. Siemens (KACO) PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 67. Siemens (KACO) Recent Developments/Updates
    Table 68. Delta Energy Systems Basic Information, Manufacturing Base and Competitors
    Table 69. Delta Energy Systems Major Business
    Table 70. Delta Energy Systems PV Inverter Product and Services
    Table 71. Delta Energy Systems PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 72. Delta Energy Systems Recent Developments/Updates
    Table 73. GinLong Basic Information, Manufacturing Base and Competitors
    Table 74. GinLong Major Business
    Table 75. GinLong PV Inverter Product and Services
    Table 76. GinLong PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 77. GinLong Recent Developments/Updates
    Table 78. Fronius Basic Information, Manufacturing Base and Competitors
    Table 79. Fronius Major Business
    Table 80. Fronius PV Inverter Product and Services
    Table 81. Fronius PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 82. Fronius Recent Developments/Updates
    Table 83. Schneider Electric Basic Information, Manufacturing Base and Competitors
    Table 84. Schneider Electric Major Business
    Table 85. Schneider Electric PV Inverter Product and Services
    Table 86. Schneider Electric PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 87. Schneider Electric Recent Developments/Updates
    Table 88. SOFARSOLAR Basic Information, Manufacturing Base and Competitors
    Table 89. SOFARSOLAR Major Business
    Table 90. SOFARSOLAR PV Inverter Product and Services
    Table 91. SOFARSOLAR PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 92. SOFARSOLAR Recent Developments/Updates
    Table 93. Darfon Electronics Basic Information, Manufacturing Base and Competitors
    Table 94. Darfon Electronics Major Business
    Table 95. Darfon Electronics PV Inverter Product and Services
    Table 96. Darfon Electronics PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 97. Darfon Electronics Recent Developments/Updates
    Table 98. Powerone Micro System Basic Information, Manufacturing Base and Competitors
    Table 99. Powerone Micro System Major Business
    Table 100. Powerone Micro System PV Inverter Product and Services
    Table 101. Powerone Micro System PV Inverter Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 102. Powerone Micro System Recent Developments/Updates
    Table 103. Global PV Inverter Sales Quantity by Manufacturer (2019-2024) & (K Units)
    Table 104. Global PV Inverter Revenue by Manufacturer (2019-2024) & (USD Million)
    Table 105. Global PV Inverter Average Price by Manufacturer (2019-2024) & (USD/Unit)
    Table 106. Market Position of Manufacturers in PV Inverter, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2023
    Table 107. Head Office and PV Inverter Production Site of Key Manufacturer
    Table 108. PV Inverter Market: Company Product Type Footprint
    Table 109. PV Inverter Market: Company Product Application Footprint
    Table 110. PV Inverter New Market Entrants and Barriers to Market Entry
    Table 111. PV Inverter Mergers, Acquisition, Agreements, and Collaborations
    Table 112. Global PV Inverter Sales Quantity by Region (2019-2024) & (K Units)
    Table 113. Global PV Inverter Sales Quantity by Region (2025-2030) & (K Units)
    Table 114. Global PV Inverter Consumption Value by Region (2019-2024) & (USD Million)
    Table 115. Global PV Inverter Consumption Value by Region (2025-2030) & (USD Million)
    Table 116. Global PV Inverter Average Price by Region (2019-2024) & (USD/Unit)
    Table 117. Global PV Inverter Average Price by Region (2025-2030) & (USD/Unit)
    Table 118. Global PV Inverter Sales Quantity by Type (2019-2024) & (K Units)
    Table 119. Global PV Inverter Sales Quantity by Type (2025-2030) & (K Units)
    Table 120. Global PV Inverter Consumption Value by Type (2019-2024) & (USD Million)
    Table 121. Global PV Inverter Consumption Value by Type (2025-2030) & (USD Million)
    Table 122. Global PV Inverter Average Price by Type (2019-2024) & (USD/Unit)
    Table 123. Global PV Inverter Average Price by Type (2025-2030) & (USD/Unit)
    Table 124. Global PV Inverter Sales Quantity by Application (2019-2024) & (K Units)
    Table 125. Global PV Inverter Sales Quantity by Application (2025-2030) & (K Units)
    Table 126. Global PV Inverter Consumption Value by Application (2019-2024) & (USD Million)
    Table 127. Global PV Inverter Consumption Value by Application (2025-2030) & (USD Million)
    Table 128. Global PV Inverter Average Price by Application (2019-2024) & (USD/Unit)
    Table 129. Global PV Inverter Average Price by Application (2025-2030) & (USD/Unit)
    Table 130. North America PV Inverter Sales Quantity by Type (2019-2024) & (K Units)
    Table 131. North America PV Inverter Sales Quantity by Type (2025-2030) & (K Units)
    Table 132. North America PV Inverter Sales Quantity by Application (2019-2024) & (K Units)
    Table 133. North America PV Inverter Sales Quantity by Application (2025-2030) & (K Units)
    Table 134. North America PV Inverter Sales Quantity by Country (2019-2024) & (K Units)
    Table 135. North America PV Inverter Sales Quantity by Country (2025-2030) & (K Units)
    Table 136. North America PV Inverter Consumption Value by Country (2019-2024) & (USD Million)
    Table 137. North America PV Inverter Consumption Value by Country (2025-2030) & (USD Million)
    Table 138. Europe PV Inverter Sales Quantity by Type (2019-2024) & (K Units)
    Table 139. Europe PV Inverter Sales Quantity by Type (2025-2030) & (K Units)
    Table 140. Europe PV Inverter Sales Quantity by Application (2019-2024) & (K Units)
    Table 141. Europe PV Inverter Sales Quantity by Application (2025-2030) & (K Units)
    Table 142. Europe PV Inverter Sales Quantity by Country (2019-2024) & (K Units)
    Table 143. Europe PV Inverter Sales Quantity by Country (2025-2030) & (K Units)
    Table 144. Europe PV Inverter Consumption Value by Country (2019-2024) & (USD Million)
    Table 145. Europe PV Inverter Consumption Value by Country (2025-2030) & (USD Million)
    Table 146. Asia-Pacific PV Inverter Sales Quantity by Type (2019-2024) & (K Units)
    Table 147. Asia-Pacific PV Inverter Sales Quantity by Type (2025-2030) & (K Units)
    Table 148. Asia-Pacific PV Inverter Sales Quantity by Application (2019-2024) & (K Units)
    Table 149. Asia-Pacific PV Inverter Sales Quantity by Application (2025-2030) & (K Units)
    Table 150. Asia-Pacific PV Inverter Sales Quantity by Region (2019-2024) & (K Units)
    Table 151. Asia-Pacific PV Inverter Sales Quantity by Region (2025-2030) & (K Units)
    Table 152. Asia-Pacific PV Inverter Consumption Value by Region (2019-2024) & (USD Million)
    Table 153. Asia-Pacific PV Inverter Consumption Value by Region (2025-2030) & (USD Million)
    Table 154. South America PV Inverter Sales Quantity by Type (2019-2024) & (K Units)
    Table 155. South America PV Inverter Sales Quantity by Type (2025-2030) & (K Units)
    Table 156. South America PV Inverter Sales Quantity by Application (2019-2024) & (K Units)
    Table 157. South America PV Inverter Sales Quantity by Application (2025-2030) & (K Units)
    Table 158. South America PV Inverter Sales Quantity by Country (2019-2024) & (K Units)
    Table 159. South America PV Inverter Sales Quantity by Country (2025-2030) & (K Units)
    Table 160. South America PV Inverter Consumption Value by Country (2019-2024) & (USD Million)
    Table 161. South America PV Inverter Consumption Value by Country (2025-2030) & (USD Million)
    Table 162. Middle East & Africa PV Inverter Sales Quantity by Type (2019-2024) & (K Units)
    Table 163. Middle East & Africa PV Inverter Sales Quantity by Type (2025-2030) & (K Units)
    Table 164. Middle East & Africa PV Inverter Sales Quantity by Application (2019-2024) & (K Units)
    Table 165. Middle East & Africa PV Inverter Sales Quantity by Application (2025-2030) & (K Units)
    Table 166. Middle East & Africa PV Inverter Sales Quantity by Region (2019-2024) & (K Units)
    Table 167. Middle East & Africa PV Inverter Sales Quantity by Region (2025-2030) & (K Units)
    Table 168. Middle East & Africa PV Inverter Consumption Value by Region (2019-2024) & (USD Million)
    Table 169. Middle East & Africa PV Inverter Consumption Value by Region (2025-2030) & (USD Million)
    Table 170. PV Inverter Raw Material
    Table 171. Key Manufacturers of PV Inverter Raw Materials
    Table 172. PV Inverter Typical Distributors
    Table 173. PV Inverter Typical Customers
List of Figures
    Figure 1. PV Inverter Picture
    Figure 2. Global PV Inverter Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
    Figure 3. Global PV Inverter Consumption Value Market Share by Type in 2023
    Figure 4. String Inverter Examples
    Figure 5. Central Inverter Examples
    Figure 6. Microinverters Examples
    Figure 7. Global PV Inverter Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
    Figure 8. Global PV Inverter Consumption Value Market Share by Application in 2023
    Figure 9. Residential Examples
    Figure 10. Business Examples
    Figure 11. Public Utilities Examples
    Figure 12. Global PV Inverter Consumption Value, (USD Million): 2019 & 2023 & 2030
    Figure 13. Global PV Inverter Consumption Value and Forecast (2019-2030) & (USD Million)
    Figure 14. Global PV Inverter Sales Quantity (2019-2030) & (K Units)
    Figure 15. Global PV Inverter Average Price (2019-2030) & (USD/Unit)
    Figure 16. Global PV Inverter Sales Quantity Market Share by Manufacturer in 2023
    Figure 17. Global PV Inverter Consumption Value Market Share by Manufacturer in 2023
    Figure 18. Producer Shipments of PV Inverter by Manufacturer Sales Quantity ($MM) and Market Share (%): 2023
    Figure 19. Top 3 PV Inverter Manufacturer (Consumption Value) Market Share in 2023
    Figure 20. Top 6 PV Inverter Manufacturer (Consumption Value) Market Share in 2023
    Figure 21. Global PV Inverter Sales Quantity Market Share by Region (2019-2030)
    Figure 22. Global PV Inverter Consumption Value Market Share by Region (2019-2030)
    Figure 23. North America PV Inverter Consumption Value (2019-2030) & (USD Million)
    Figure 24. Europe PV Inverter Consumption Value (2019-2030) & (USD Million)
    Figure 25. Asia-Pacific PV Inverter Consumption Value (2019-2030) & (USD Million)
    Figure 26. South America PV Inverter Consumption Value (2019-2030) & (USD Million)
    Figure 27. Middle East & Africa PV Inverter Consumption Value (2019-2030) & (USD Million)
    Figure 28. Global PV Inverter Sales Quantity Market Share by Type (2019-2030)
    Figure 29. Global PV Inverter Consumption Value Market Share by Type (2019-2030)
    Figure 30. Global PV Inverter Average Price by Type (2019-2030) & (USD/Unit)
    Figure 31. Global PV Inverter Sales Quantity Market Share by Application (2019-2030)
    Figure 32. Global PV Inverter Consumption Value Market Share by Application (2019-2030)
    Figure 33. Global PV Inverter Average Price by Application (2019-2030) & (USD/Unit)
    Figure 34. North America PV Inverter Sales Quantity Market Share by Type (2019-2030)
    Figure 35. North America PV Inverter Sales Quantity Market Share by Application (2019-2030)
    Figure 36. North America PV Inverter Sales Quantity Market Share by Country (2019-2030)
    Figure 37. North America PV Inverter Consumption Value Market Share by Country (2019-2030)
    Figure 38. United States PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 39. Canada PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 40. Mexico PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 41. Europe PV Inverter Sales Quantity Market Share by Type (2019-2030)
    Figure 42. Europe PV Inverter Sales Quantity Market Share by Application (2019-2030)
    Figure 43. Europe PV Inverter Sales Quantity Market Share by Country (2019-2030)
    Figure 44. Europe PV Inverter Consumption Value Market Share by Country (2019-2030)
    Figure 45. Germany PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 46. France PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 47. United Kingdom PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 48. Russia PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 49. Italy PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 50. Asia-Pacific PV Inverter Sales Quantity Market Share by Type (2019-2030)
    Figure 51. Asia-Pacific PV Inverter Sales Quantity Market Share by Application (2019-2030)
    Figure 52. Asia-Pacific PV Inverter Sales Quantity Market Share by Region (2019-2030)
    Figure 53. Asia-Pacific PV Inverter Consumption Value Market Share by Region (2019-2030)
    Figure 54. China PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 55. Japan PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 56. Korea PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 57. India PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 58. Southeast Asia PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 59. Australia PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 60. South America PV Inverter Sales Quantity Market Share by Type (2019-2030)
    Figure 61. South America PV Inverter Sales Quantity Market Share by Application (2019-2030)
    Figure 62. South America PV Inverter Sales Quantity Market Share by Country (2019-2030)
    Figure 63. South America PV Inverter Consumption Value Market Share by Country (2019-2030)
    Figure 64. Brazil PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 65. Argentina PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 66. Middle East & Africa PV Inverter Sales Quantity Market Share by Type (2019-2030)
    Figure 67. Middle East & Africa PV Inverter Sales Quantity Market Share by Application (2019-2030)
    Figure 68. Middle East & Africa PV Inverter Sales Quantity Market Share by Region (2019-2030)
    Figure 69. Middle East & Africa PV Inverter Consumption Value Market Share by Region (2019-2030)
    Figure 70. Turkey PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 71. Egypt PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 72. Saudi Arabia PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 73. South Africa PV Inverter Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 74. PV Inverter Market Drivers
    Figure 75. PV Inverter Market Restraints
    Figure 76. PV Inverter Market Trends
    Figure 77. Porters Five Forces Analysis
    Figure 78. Manufacturing Cost Structure Analysis of PV Inverter in 2023
    Figure 79. Manufacturing Process Analysis of PV Inverter
    Figure 80. PV Inverter Industrial Chain
    Figure 81. Sales Quantity Channel: Direct to End-User vs Distributors
    Figure 82. Direct Channel Pros & Cons
    Figure 83. Indirect Channel Pros & Cons
    Figure 84. Methodology
    Figure 85. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

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

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