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Solar Inverter Market Research Report Information By Type (Central Inverter, Micro Inverter, String Inverter), By System Type (On-Grid, Off-Grid), Phase (Single-Phase, Three-Phase), By Application (Residential, Commercial, Utilities), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030


ID: MRFR/E&P/2739-CR | 185 Pages | Author: Priya Nagrale| October 2020

Solar Inverter Market Segmentation


Solar Inverter Type Outlook (USD Billion, 2021-2030)




  • Central Inverter




  • Micro Inverter






  • String Inverter




Solar Inverter System Type Outlook (USD Billion, 2021-2030)




  • On-Grid




  • Off-Grid




Solar Inverter Application Outlook (USD Billion, 2021-2030)




  • Residential




  • Commercial




  • Utilities




Solar Inverter Regional Outlook (USD Billion, 2021-2030)




  • North America Outlook (USD Billion, 2021-2030)




    • North America Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • North America Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • North America Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities






    • US Outlook (USD Billion, 2021-2030)




    • US Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • US Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • US Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities






    • CANADA Outlook (USD Billion, 2021-2030)




    • Canada Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • Canada Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • Canada Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities








  • Europe Outlook (USD Billion, 2021-2030)




    • Europe Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • Europe Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • Europe Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities






    • Germany Outlook (USD Billion, 2021-2030)




    • Germany Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • Germany Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • Germany Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities






    • France Outlook (USD Billion, 2021-2030)




    • France Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • France Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • France Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities






    • UK Outlook (USD Billion, 2021-2030)




    • UK Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • UK Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • UK Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities






    • ITALY Outlook (USD Billion, 2021-2030)




    • Italy Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • Italy Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • Italy Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities






    • SPAIN Outlook (USD Billion, 2021-2030)




    • Spain Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • Spain Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • Spain Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities






    • Rest Of Europe Outlook (USD Billion, 2021-2030)




    • Rest of Europe Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • Rest of Europe Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • Rest of Europe Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities








  • Asia-Pacific Outlook (USD Billion, 2021-2030)




    • Asia-Pacific Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • Asia-Pacific Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • Asia-Pacific Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities




      •  






    • China Outlook (USD Billion, 2021-2030)




    • China Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • China Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • China Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities






    • Japan Outlook (USD Billion, 2021-2030)




    • Japan Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • Japan Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • Japan Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities






    • India Outlook (USD Billion, 2021-2030)




    • India Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • India Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • India Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities






    • Australia Outlook (USD Billion, 2021-2030)




    • Australia Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • Australia Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • Australia Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities






    • Rest of Asia-Pacific Outlook (USD Billion, 2021-2030)




    • Rest of Asia-Pacific Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • Rest of Asia-Pacific Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • Rest of Asia-Pacific Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities








  • Rest of the World Outlook (USD Billion, 2021-2030)




    • Rest of the World Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • Rest of the World Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • Rest of the World Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities






    • Middle East Outlook (USD Billion, 2021-2030)




    • Middle East Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • Middle East Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • Middle East Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities






    • Africa Outlook (USD Billion, 2021-2030)




    • Africa Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • Africa Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • Africa Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities






    • Latin America Outlook (USD Billion, 2021-2030)




    • Latin America Solar Inverter by Type




      • Central Inverter




      • Micro Inverter




      • String Inverter






    • Latin America Solar Inverter by System Type




      • On-Grid




      • Off-Grid






    • Latin America Solar Inverter by Application




      • Residential




      • Commercial




      • Utilities










Research Methodology on Solar Inverter Market


1. Introduction


The published research report by Market Research Future is a comprehensive evaluation of the solar inverter market’s performance during the forecast period 2023-2030. It draws an extremely detailed picture that combines both qualitative and quantitative data to explain the current trends, opportunities and challenges in the market. The report provides an in-depth understanding of the size, scope and dynamics of the solar inverter market.


The research methodology applied for this report is an extensive market research analysis that closely examines and assesses the global solar inverter market and the various driving, restraining and other influential forces. It provides a deep dive into the various segments of the market, macro- and micro-level economic indicators, government policies, upcoming trends and opportunities and the competitive landscape.


2. Research Design


The research design for this report covers both primary and secondary research techniques and covers a variety of sources for data collection. Primary sources include interviews and surveys of experts in the solar inverter industry, industry participants, distributors, investors and other key stakeholders. Secondary sources include proprietary databases, paid and free sources including news articles published materials and the internet.


The methods employed for qualitative analysis include SWOT analysis and Porter’s Five Forces analysis. The quantitative analysis includes market sizing using past data, trend analysis, as well as a top-down and bottom-up approach. The methodology works together to provide estimates of market size and potential future developments.


3. Data Collection & Analysis


The data used for this report include real-time and granular market data collected from industry sources, proprietary databases, interviews and surveys. All the data collected is thoroughly analyzed to draw insights and the most accurate market forecasts. The data is validated using industry-standard checks such as validating data based on sources, industry trends and published materials.


Both quantitative and qualitative analyses are applied including regression analysis, correlation analysis and factors analysis to study the various elements of the market. Secondary sources of information are also extensively used to identify the major trends and movements in the industry.


4. Assumptions


The research is conducted with certain assumptions based on collected data and available industry sources. The assumptions used include the availability of skilled labour and a shift towards renewable energy sources in different areas.


5. Research Scope


The scope of the research covers the global solar inverter market in terms of its drivers, opportunities, challenges and trends. The geographical scope covers the major markets for solar inverters in the Americas, Asia-Pacific, Europe, and the Middle East & Africa. The report also covers the market performance and potential developments for each of the key countries and regions.


6. Conclusion


This report aims to provide an in-depth assessment of the global solar inverter market. It offers an understanding of the various dynamics including drivers, opportunities, challenges and trends of the market. To this end, the report used both primary and secondary research techniques to gather data from a variety of sources. All the data is validated with industry-standard checks to maximize accuracy and provide the most accurate overview of the field. The scope of the research covers the potential developments and the geography of the global solar inverter market.

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1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS 15

1.1.1 GLOBAL SOLAR INVERTER MARKET, BY TYPE 16

1.1.2 GLOBAL SOLAR INVERTER MARKET, BY SYSTEM TYPE 17

1.1.3 GLOBAL SOLAR INVERTER MARKET, BY END USE 18

1.1.4 GLOBAL SOLAR INVERTER MARKET, BY REGION 19

2 MARKET INTRODUCTION

2.1 DEFINITIONS 20

2.2 SCOPE OF THE STUDY 20

2.3 RESEARCH OBJECTIVE 20

2.4 MARKET STRUCTURE 20

2.5 KEY BUYING CRITERIA 21

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS 22

3.2 PRIMARY RESEARCH 23

3.3 SECONDARY RESEARCH 24

3.4 MARKET SIZE ESTIMATION 24

3.5 FORECAST MODEL 26

3.6 LIST OF ASSUMPTIONS 27

4 MARKET INSIGHTS

5 MARKET DYNAMICS

5.1 INTRODUCTION 30

5.2 DRIVERS 31

5.2.1 GROWING SOLAR POWER SYSTEM INSTALLATIONS 31

5.2.2 MEASURES TO PROMOTE SOLAR POWER SYSTEMS 31

5.3 RESTRAINTS 32

5.3.1 HIGH OPERATION AND MAINTENANCE COSTS 32

5.4 OPPORTUNITIES 32

5.4.1 ELECTRIFICATION OF UNELECTRIFIED AREAS IN DEVELOPING COUNTRIES 32

6 MARKET FACTOR ANALYSIS

6.1 SUPPLY CHAIN ANALYSIS 33

6.1.1 DESIGN & DEVELOPMENT 33

6.1.2 RAW MATERIAL & COMPONENT SUPPLY 34

6.1.3 MANUFACTURE & ASSEMBLY 34

6.1.4 SALES & DISTRIBUTION 34

6.1.5 END USE 34

6.2 PORTER’S FIVE FORCES MODEL 35

6.2.1 THREAT OF NEW ENTRANTS 35

6.2.2 BARGAINING POWER OF SUPPLIERS 36

6.2.3 BARGAINING POWER OF BUYERS 36

6.2.4 THREAT OF SUBSTITUTES 36

6.2.5 RIVALRY 36

7 GLOBAL SOLAR INVERTER MARKET, BY TYPE

7.1 OVERVIEW 37

7.2 CENTRAL INVERTER 38

7.3 MICRO INVERTER 39

7.4 STRING INVERTER 40

8 GLOBAL SOLAR INVERTER MARKET, BY SYSTEM TYPE

8.1 OVERVIEW 42

8.2 ON- GRID 43

8.3 OFF- GRID 44

9 GLOBAL SOLAR INVERTER MARKET, BY END-USE

9.1 OVERVIEW 45

9.2 RESIDENTIAL 46

9.3 COMMERCIAL 47

9.4 UTILITIES 47

10 GLOBAL SOLAR INVERTER MARKET, BY REGION

10.1 OVERVIEW 48

10.2 NORTH AMERICA 50

10.2.1 US 51

10.2.2 CANADA 53

10.3 EUROPE 54

10.3.1 UK 56

10.3.2 GERMANY 57

10.3.3 SPAIN 58

10.3.4 ITALY 60

10.3.5 REST OF EUROPE 61

10.4 ASIA-PACIFIC 63

10.4.1 CHINA 64

10.4.2 INDIA 65

10.4.3 JAPAN 66

10.4.4 AUSTRALIA 68

10.4.5 REST OF ASIA-PACIFIC 69

10.5 REST OF THE WORLD 70

10.5.1 MIDDLE EAST 72

10.5.2 AFRICA 73

10.5.3 LATIN AMERICA 74

11 COMPETITIVE LANDSCAPE

11.1 COMPETITIVE OVERVIEW 76

11.2 COMPETITIVE BENCHMARKING 77

11.3 MARKET SHARE ANALYSIS 78

12 COMPANY PROFILES

12.1 ABB 79

12.1.1 COMPANY OVERVIEW 79

12.1.2 FINANCIAL OVERVIEW 80

12.1.3 PRODUCTS OFFERED 81

12.1.4 KEY DEVELOPMENTS 81

12.1.5 SWOT ANALYSIS 82

12.1.6 KEY STRATEGIES 82

12.2 SMA SOLAR TECHNOLOGY AG 83

12.2.1 COMPANY OVERVIEW 83

12.2.2 FINANCIAL OVERVIEW 84

12.2.3 PRODUCTS OFFERED 85

12.2.4 KEY DEVELOPMENTS 85

12.2.5 SWOT ANALYSIS 86

12.2.6 KEY STRATEGIES 86

12.3 CANADIAN SOLAR 87

12.3.1 COMPANY OVERVIEW 87

12.3.2 FINANCIAL OVERVIEW 88

12.3.3 PRODUCTS OFFERED 88

12.3.4 KEY DEVELOPMENTS 89

12.3.5 SWOT ANALYSIS 89

12.3.6 KEY STRATEGIES 89

12.4 SOLAREDGE TECHNOLOGIES INC. 90

12.4.1 COMPANY OVERVIEW 90

12.4.2 FINANCIAL OVERVIEW 91

12.4.3 PRODUCTS OFFERED 91

12.4.4 KEY DEVELOPMENTS 92

12.4.5 SWOT ANALYSIS 92

12.4.6 KEY STRATEGIES 93

12.5 SUNPOWER CORPORATION 94

12.5.1 COMPANY OVERVIEW 94

12.5.2 FINANCIAL OVERVIEW 95

12.5.3 PRODUCTS OFFERED 95

12.5.4 KEY DEVELOPMENTS 96

12.5.5 SWOT ANALYSIS 96

12.5.6 KEY STRATEGIES 96

12.6 DELTA ELECTRONICS, INC. 97

12.6.1 COMPANY OVERVIEW 97

12.6.2 FINANCIAL OVERVIEW 98

12.6.3 PRODUCTS OFFERED 99

12.6.4 KEY DEVELOPMENTS 99

12.7 SOLECTRIA RENEWABLES, LLC 100

12.7.1 COMPANY OVERVIEW 100

12.7.2 FINANCIAL OVERVIEW 100

12.7.3 PRODUCTS OFFERED 100

12.7.4 KEY DEVELOPMENTS 100

12.8 SINENG ELECTRIC CO., LTD. 101

12.8.1 COMPANY OVERVIEW 101

12.8.2 FINANCIAL OVERVIEW 101

12.8.3 PRODUCTS OFFERED 101

12.8.4 KEY DEVELOPMENTS 101

12.9 HITACHI HI-REL POWER ELECTRONICS PRIVATE LIMITED 102

12.9.1 COMPANY OVERVIEW 102

12.9.2 FINANCIAL OVERVIEW 102

12.9.3 PRODUCTS OFFERED 102

12.9.4 KEY DEVELOPMENTS 102

12.10 POWER ELECTRONICS S.L. 103

12.10.1 COMPANY OVERVIEW 103

12.10.2 FINANCIAL OVERVIEW 103

12.10.3 PRODUCTS OFFERED 103

12.10.4 KEY DEVELOPMENTS 103

13 LIST OF TABLES

TABLE 1 PRIMARY INTERVIEWS 23

TABLE 2 LIST OF ASSUMPTIONS 27

TABLE 3 GLOBAL SOLAR INVERTER: MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 38

TABLE 4 CENTRAL INVERTER: GLOBAL SOLAR INVERTER: MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 39

TABLE 5 CENTRAL INVERTER: GLOBAL SOLAR INVERTER: MARKET ESTIMATES & FORECAST, BY INTEGRATION, 2024-2030 (USD MILLION) 39

TABLE 6 MICRO INVERTER: GLOBAL SOLAR INVERTER: MARKET ESTIMATES & FORECAST, BY PHASE, 2024-2030 (USD MILLION) 40

TABLE 7 STRING INVERTER: GLOBAL SOLAR INVERTER: MARKET ESTIMATES & FORECAST, BY PHASE, 2024-2030 (USD MILLION) 40

TABLE 8 STRING INVERTER: GLOBAL SOLAR INVERTER: MARKET ESTIMATES & FORECAST, BY INTEGRATION, 2024-2030 (USD MILLION) 41

TABLE 9 GLOBAL SOLAR INVERTER: MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 43

TABLE 10 GLOBAL SOLAR INVERTER: MARKET ESTIMATES & FORECAST, BY END-USE, 2024-2030 (USD MILLION) 46

TABLE 11 GLOBAL SOLAR INVERTER MARKET, BY REGION, 2024-2030 (USD MILLION) 49

TABLE 12 NORTH AMERICA: SOLAR INVERTER MARKET, BY COUNTRY, 2024-2030 (USD MILLION) 50

TABLE 13 NORTH AMERICA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 50

TABLE 14 NORTH AMERICA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 51

TABLE 15 NORTH AMERICA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END-USE, 2024-2030 (USD MILLION) 51

TABLE 16 US: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 52

TABLE 17 US: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 52

TABLE 18 US: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END-USE, 2024-2030 (USD MILLION) 52

TABLE 19 CANADA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 53

TABLE 20 CANADA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 53

TABLE 21 CANADA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END-USE, 2024-2030 (USD MILLION) 54

TABLE 22 EUROPE: SOLAR INVERTER MARKET, BY COUNTRY, 2024-2030 (USD MILLION) 54

TABLE 23 EUROPE: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 55

TABLE 24 EUROPE: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 55

TABLE 25 EUROPE: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END-USE, 2024-2030 (USD MILLION) 55

TABLE 26 UK: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 56

TABLE 27 UK: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 56

TABLE 28 UK: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END-USE, 2024-2030 (USD MILLION) 57

TABLE 29 GERMANY: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 57

TABLE 30 GERMANY: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 58

TABLE 31 GERMANY: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END-USE, 2024-2030 (USD MILLION) 58

TABLE 32 SPAIN: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 59

TABLE 33 SPAIN: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 59

TABLE 34 SPAIN: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END-USE, 2024-2030 (USD MILLION) 59

TABLE 35 ITALY: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 60

TABLE 36 ITALY: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 60

TABLE 37 ITALY: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END-USE, 2024-2030 (USD MILLION) 61

TABLE 38 REST OF EUROPE: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 61

TABLE 39 REST OF EUROPE: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 62

TABLE 40 REST OF EUROPE: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END-USE, 2024-2030 (USD MILLION) 62

TABLE 41 ASIA-PACIFIC: SOLAR INVERTER MARKET, BY COUNTRY, 2024-2030 (USD MILLION) 63

TABLE 42 ASIA-PACIFIC: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 63

TABLE 43 ASIA-PACIFIC: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 64

TABLE 44 ASIA-PACIFIC: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END-USE, 2024-2030 (USD MILLION) 64

TABLE 45 CHINA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 64

TABLE 46 CHINA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 65

TABLE 47 CHINA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END-USE, 2024-2030 (USD MILLION) 65

TABLE 48 INDIA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 65

TABLE 49 INDIA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 66

TABLE 50 INDIA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END-USE, 2024-2030 (USD MILLION) 66

TABLE 51 JAPAN: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 67

TABLE 52 JAPAN: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 67

TABLE 53 JAPAN: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END-USE, 2024-2030 (USD MILLION) 67

TABLE 54 AUSTRALIA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 68

TABLE 55 AUSTRALIA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 68

TABLE 56 AUSTRALIA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END-USE, 2024-2030 (USD MILLION) 69

TABLE 57 REST OF ASIA-PACIFIC: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 69

TABLE 58 REST OF ASIA-PACIFIC: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 70

TABLE 59 REST OF ASIA-PACIFIC: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END-USE, 2024-2030 (USD MILLION) 70

TABLE 60 REST OF THE WORLD: SOLAR INVERTER MARKET, BY COUNTRY, 2024-2030 (USD MILLION) 70

TABLE 61 REST OF THE WORLD: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 71

TABLE 62 REST OF THE WORLD: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 71

TABLE 63 REST OF THE WORLD: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END USE, 2024-2030 (USD MILLION) 71

TABLE 64 MIDDLE EAST: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 72

TABLE 65 MIDDLE EAST: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 72

TABLE 66 MIDDLE EAST: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END USE, 2024-2030 (USD MILLION) 73

TABLE 67 AFRICA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 73

TABLE 68 AFRICA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 74

TABLE 69 AFRICA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END USE, 2024-2030 (USD MILLION) 74

TABLE 70 LATIN AMERICA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2030 (USD MILLION) 75

TABLE 71 LATIN AMERICA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 75

TABLE 72 LATIN AMERICA: SOLAR INVERTER MARKET ESTIMATES & FORECAST, BY END USE, 2024-2030 (USD MILLION) 75

TABLE 73 ABB: PRODUCTS OFFERED 81

TABLE 74 ABB: KEY DEVELOPMENTS 81

TABLE 75 SMA SOLAR TECHNOLOGY AG: PRODUCTS OFFERED 85

TABLE 76 SMA SOLAR TECHNOLOGY AG: KEY DEVELOPMENTS 85

TABLE 77 CANADIAN SOLAR: PRODUCTS OFFERED 88

TABLE 78 SOLAREDGE TECHNOLOGIES INC: PRODUCTS OFFERED 91

TABLE 79 SOLAREDGE TECHNOLOGIES INC: KEY DEVELOPMENTS 92

TABLE 80 SUNPOWER CORPORATION: PRODUCTS OFFERED 95

TABLE 81 DELTA ELECTRONICS, INC.: PRODUCTS OFFERED 99

TABLE 82 DELTA ELECTRONICS, INC.: KEY DEVELOPMENTS 99

TABLE 83 SOLECTRIA RENEWABLES, LLC: PRODUCTS OFFERED 100

TABLE 84 SOLECTRIA RENEWABLES, LLC: KEY DEVELOPMENTS 100

TABLE 85 SINENG ELECTRIC CO., LTD.: PRODUCTS OFFERED 101

TABLE 86 SINENG ELECTRIC CO., LTD.: KEY DEVELOPMENTS 101

TABLE 87 HITACHI HI-REL POWER ELECTRONICS PVT. LTD: PRODUCTS OFFERED 102

TABLE 88 POWER ELECTRONICS S.L.: PRODUCTS OFFERED 103

TABLE 89 POWER ELECTRONICS S.L.: KEY DEVELOPMENTS 103

14 LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 14

FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL SOLAR INVERTER MARKET 15

FIGURE 3 GLOBAL SOLAR INVERTER MARKET ANALYSIS, BY TYPE 16

FIGURE 4 GLOBAL SOLAR INVERTER MARKET ANALYSIS, BY SYSTEM TYPE 17

FIGURE 5 GLOBAL SOLAR INVERTER MARKET ANALYSIS, BY END USE 18

FIGURE 6 GLOBAL SOLAR INVERTER MARKET ANALYSIS, BY REGION 19

FIGURE 7 GLOBAL SOLAR INVERTER MARKET: STRUCTURE 20

FIGURE 8 KEY BUYING CRITERIA FOR GLOBAL SOLAR INVERTER MARKET 21

FIGURE 9 RESEARCH PROCESS 22

FIGURE 10 TOP-DOWN & BOTTOM-UP APPROACHES 25

FIGURE 11 NORTH AMERICA: SOLAR INVERTER MARKET SIZE & MARKET SHARE, BY COUNTRY (2022 VS 2030) 28

FIGURE 12 EUROPE: SOLAR INVERTER MARKET SIZE & MARKET SHARE, BY COUNTRY (2022 VS 2030) 28

FIGURE 13 ASIA-PACIFIC: SOLAR INVERTER MARKET SIZE & MARKET SHARE, BY COUNTRY (2022 VS 2030) 29

FIGURE 14 REST OF THE WORLD: SOLAR INVERTER MARKET SIZE & MARKET SHARE, BY COUNTRY (2022 VS 2030) 29

FIGURE 15 DRO ANALYSIS: GLOBAL SOLAR INVERTER MARKET 30

FIGURE 16 SUPPLY CHAIN ANALYSIS: GLOBAL SOLAR INVERTER MARKET 33

FIGURE 17 PORTER'S FIVE FORCES ANALYSIS: GLOBAL SOLAR INVERTER MARKET 35

FIGURE 18 GLOBAL SOLAR INVERTER MARKET, BY TYPE, 2030 (% SHARE) 37

FIGURE 19 GLOBAL SOLAR INVERTER MARKET, BY TYPE, 2024-2030 (USD MILLION) 38

FIGURE 20 GLOBAL SOLAR INVERTER MARKET, BY SYSTEM TYPE, 2030 (% SHARE) 42

FIGURE 21 GLOBAL SOLAR INVERTER MARKET, BY SYSTEM TYPE, 2024-2030 (USD MILLION) 43

FIGURE 22 GLOBAL SOLAR INVERTER MARKET, BY END-USE, 2030 (% SHARE) 45

FIGURE 23 GLOBAL SOLAR INVERTER MARKET, BY END-USE, 2024-2030 (USD MILLION) 46

FIGURE 24 GLOBAL SOLAR INVERTER MARKET, BY REGION, 2030 (% SHARE) 48

FIGURE 25 GLOBAL SOLAR INVERTER MARKET, BY REGION, 2024-2030 (USD MILLION) 49

FIGURE 26 BENCHMARKING OF MAJOR COMPETITORS 77

FIGURE 27 GLOBAL SOLAR INVERTER MARKET SHARE ANALYSIS, 2020 78

FIGURE 28 ABB: FINANCIAL OVERVIEW SNAPSHOT 80

FIGURE 29 ABB: SWOT ANALYSIS 82

FIGURE 30 SMA SOLAR TECHNOLOGY AG: FINANCIAL OVERVIEW SNAPSHOT 84

FIGURE 31 SMA SOLAR TECHNOLOGY AG: SWOT ANALYSIS 86

FIGURE 32 CANADIAN SOLAR: FINANCIAL OVERVIEW SNAPSHOT 88

FIGURE 33 CANADIAN SOLAR: SWOT ANALYSIS 89

FIGURE 34 SOLAREDGE TECHNOLOGIES INC: FINANCIAL OVERVIEW SNAPSHOT 91

FIGURE 35 SOLAREDGE TECHNOLOGIES INC: SWOT ANALYSIS 92

FIGURE 36 SUNPOWER CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 95

FIGURE 37 SUNPOWER CORPORATION: SWOT ANALYSIS 96

FIGURE 38 DELTA ELECTRONICS, INC.: FINANCIAL OVERVIEW SNAPSHOT 98

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