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Europe Solar Hybrid Inverter Market
ID: MRFR/EnP/53965-HCR
200 Pages
June 2025
Europe Solar Hybrid Inverter Market Research Report: By Product (Single-Phase Hybrid, Three-Phase Hybrid), By Grid Type (On Grid, Off Grid), By Application (Energy Generation, Solar Energy Storage, Others), andBy Regional (Germany, UK, France, Russia, Italy, Spain, Rest of Europe)- Forecast to 2035 Europe Solar Hybrid Inverter Market Overview: As per MRFR analysis, the Europe Solar Hybrid Inverter Market Size was estimated at 1
Industry Developments
Recent developments in the Europe Solar Hybrid Inverter Market have been notable, particularly with companies such as SolarEdge Technologies and SMA Solar Technology expanding their portfolios with new inverter models tailored to enhance efficiency and integration with energy storage systems. In August 2023, Canadian Solar announced a strategic collaboration with several European utilities to improve grid stability through advanced hybrid inverter technology. Meanwhile, Huawei Technologies and GROWATT have been actively investing in Research and Development to leverage AI in their products. Mergers and acquisitions also marked the landscape, as in July 2023, Schneider Electric acquired a smaller European firm specializing in innovative energy management solutions, enhancing its footprint in the hybrid inverter market. Recent market valuation growth has been significant, with firm estimates projecting the sector to reach €2 billion by the end of 2024, influenced by heightened demand for renewable energy solutions amid the European Union's green energy initiatives. Over the past two to three years, major players like ABB and Fronius have launched initiatives aimed at reducing production costs, directly impacting the competitive dynamics in Europe’s solar inverter landscape.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 1.78(USD Billion) |
| MARKET SIZE 2024 | 1.94(USD Billion) |
| MARKET SIZE 2035 | 4.95(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 8.9% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | SolarEdge Technologies, SMA Solar Technology, TMEIC, Canadian Solar, Huawei Technologies, GROWATT, Sungrow Power Supply, JinkoSolar, Delta Electronics, Enphase Energy, Fronius, Schneider Electric, KStar, Victron Energy, ABB |
| SEGMENTS COVERED | Product, Grid Type, Application, Regional |
| KEY MARKET OPPORTUNITIES | Increased renewable energy adoption, Government incentives and subsidies, Growth of electric vehicle integration, Demand for energy storage solutions, Rising residential solar installations |
| KEY MARKET DYNAMICS | growing renewable energy adoption, government incentives and subsidies, technological advancements in efficiency, rising electricity prices, increasing energy independence |
| COUNTRIES COVERED | Germany, UK, France, Russia, Italy, Spain, Rest of Europe |
FAQs
What is the expected market size of the Europe Solar Hybrid Inverter Market in 2024?
The Europe Solar Hybrid Inverter Market is expected to be valued at 1.94 billion USD in 2024.
What is the projected market size for the Europe Solar Hybrid Inverter Market in 2035?
By 2035, the Europe Solar Hybrid Inverter Market is projected to reach a value of 4.95 billion USD.
What is the expected CAGR for the Europe Solar Hybrid Inverter Market between 2025 and 2035?
The expected CAGR for the Europe Solar Hybrid Inverter Market from 2025 to 2035 is 8.9%.
Which country is expected to dominate the Europe Solar Hybrid Inverter Market by 2035?
Germany is expected to dominate the Europe Solar Hybrid Inverter Market with a valuation of 1.25 billion USD by 2035.
What will be the market value of the UK in the Europe Solar Hybrid Inverter Market by 2035?
The UK market value in the Europe Solar Hybrid Inverter Market is anticipated to be 1.05 billion USD by 2035.
Who are the key players in the Europe Solar Hybrid Inverter Market?
Major players in the market include SolarEdge Technologies, SMA Solar Technology, and Huawei Technologies among others.
What is the expected value of the Single-Phase Hybrid segment in 2035?
The Single-Phase Hybrid segment is expected to be valued at 2.4 billion USD in 2035.
What is the projected market size for the Three-Phase Hybrid in 2035?
The Three-Phase Hybrid segment is projected to reach a size of 2.55 billion USD by 2035.
What is the expected market size for France in the Europe Solar Hybrid Inverter Market by 2035?
France's expected market size in the Europe Solar Hybrid Inverter Market is approximately 0.9 billion USD by 2035.
How much is Italy's market value expected to grow by 2035 in the Europe Solar Hybrid Inverter Market?
Italy's market value is expected to grow to 1.0 billion USD by 2035 in the Europe Solar Hybrid Inverter Market.
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