Global Residential Inverter Market Research Report 2024

Industry: Machinery & Equipment

Published: 2024-02-05

Pages: 133 Pages

Report ld: 2420966

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Description
Table of Contents
Table of Figures
Related Reports
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Description
Table of Contents
Table of Figures
Related Reports
PDF Download

Description

A residential inverter refers to an electronic device used to convert direct current (DC) electricity produced by solar panels or batteries into alternating current (AC) electricity that is suitable for powering household appliances and electronics. It is a crucial component of a residential solar power system as it allows homeowners to utilize the electricity generated from their solar panels or stored in batteries to power their homes. Residential inverters typically come in different sizes and capacities to accommodate various system sizes and load requirements. They also often include built-in features such as maximum power point tracking (MPPT) to optimize energy production and grid-tie capabilities to enable the connection with the power grid.

The global Residential Inverter market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.

North American market for Residential Inverter is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for Residential Inverter is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The major global manufacturers of Residential Inverter include Goodwe, Inhenergy, Growatt, GE, SolarEdge, SMA Solar Technology AG, Ingeteam, Fronius and KATEK, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Residential Inverter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Residential Inverter.

Report Scope
The Residential Inverter market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Residential Inverter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Residential Inverter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Report Metric
Details
Report Title
Global Residential Inverter Market Research Report 2024
Market Size Available for Years
2024-2030
Global Residential Inverter Companies Covered
Goodwe
Inhenergy
Growatt
GE
SolarEdge
SMA Solar Technology AG
Ingeteam
Fronius
KATEK
Fimer
Enphase
Sungrow
Delta
Hoymiles
SAJ
Ginlong
SOFARSOLAR
Aotai
Shenzhen Hopewind Electric
Chint
Afore
APsystems
SINRNG
Global Residential Inverter Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Residential Inverter Market, Segment by Type
String Inverter
Micro Inverter
Others
Global Residential Inverter Market, Segment by Application
Commercial Housing
Non-commercial Housing
Forecast Units
Million USD
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Residential Inverter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Residential Inverter by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Residential Inverter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

Table of Contents

1 Residential Inverter Market Overview
    1.1 Product Definition
    1.2 Residential Inverter Segment by Type
        1.2.1 Global Residential Inverter Market Value Growth Rate Analysis by Type 2023 VS 2030
        1.2.2 String Inverter
        1.2.3 Micro Inverter
        1.2.4 Others
    1.3 Residential Inverter Segment by Application
        1.3.1 Global Residential Inverter Market Value Growth Rate Analysis by Application: 2023 VS 2030
        1.3.2 Commercial Housing
        1.3.3 Non-commercial Housing
    1.4 Global Market Growth Prospects
        1.4.1 Global Residential Inverter Production Value Estimates and Forecasts (2019-2030)
        1.4.2 Global Residential Inverter Production Capacity Estimates and Forecasts (2019-2030)
        1.4.3 Global Residential Inverter Production Estimates and Forecasts (2019-2030)
        1.4.4 Global Residential Inverter Market Average Price Estimates and Forecasts (2019-2030)
    1.5 Assumptions and Limitations

2 Market Competition by Manufacturers
    2.1 Global Residential Inverter Production Market Share by Manufacturers (2019-2024)
    2.2 Global Residential Inverter Production Value Market Share by Manufacturers (2019-2024)
    2.3 Global Key Players of Residential Inverter, Industry Ranking, 2022 VS 2023 VS 2024
    2.4 Global Residential Inverter Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
    2.5 Global Residential Inverter Average Price by Manufacturers (2019-2024)
    2.6 Global Key Manufacturers of Residential Inverter, Manufacturing Base Distribution and Headquarters
    2.7 Global Key Manufacturers of Residential Inverter, Product Offered and Application
    2.8 Global Key Manufacturers of Residential Inverter, Date of Enter into This Industry
    2.9 Residential Inverter Market Competitive Situation and Trends
        2.9.1 Residential Inverter Market Concentration Rate
        2.9.2 Global 5 and 10 Largest Residential Inverter Players Market Share by Revenue
    2.10 Mergers & Acquisitions, Expansion

3 Residential Inverter Production by Region
    3.1 Global Residential Inverter Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
    3.2 Global Residential Inverter Production Value by Region (2019-2030)
        3.2.1 Global Residential Inverter Production Value Market Share by Region (2019-2024)
        3.2.2 Global Forecasted Production Value of Residential Inverter by Region (2025-2030)
    3.3 Global Residential Inverter Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
    3.4 Global Residential Inverter Production by Region (2019-2030)
        3.4.1 Global Residential Inverter Production Market Share by Region (2019-2024)
        3.4.2 Global Forecasted Production of Residential Inverter by Region (2025-2030)
    3.5 Global Residential Inverter Market Price Analysis by Region (2019-2024)
    3.6 Global Residential Inverter Production and Value, Year-over-Year Growth
        3.6.1 North America Residential Inverter Production Value Estimates and Forecasts (2019-2030)
        3.6.2 Europe Residential Inverter Production Value Estimates and Forecasts (2019-2030)
        3.6.3 China Residential Inverter Production Value Estimates and Forecasts (2019-2030)
        3.6.4 Japan Residential Inverter Production Value Estimates and Forecasts (2019-2030)

4 Residential Inverter Consumption by Region
    4.1 Global Residential Inverter Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
    4.2 Global Residential Inverter Consumption by Region (2019-2030)
        4.2.1 Global Residential Inverter Consumption by Region (2019-2024)
        4.2.2 Global Residential Inverter Forecasted Consumption by Region (2025-2030)
    4.3 North America
        4.3.1 North America Residential Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
        4.3.2 North America Residential Inverter Consumption by Country (2019-2030)
        4.3.3 United States
        4.3.4 Canada
    4.4 Europe
        4.4.1 Europe Residential Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
        4.4.2 Europe Residential Inverter Consumption by Country (2019-2030)
        4.4.3 Germany
        4.4.4 France
        4.4.5 U.K.
        4.4.6 Italy
        4.4.7 Russia
    4.5 Asia Pacific
        4.5.1 Asia Pacific Residential Inverter Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
        4.5.2 Asia Pacific Residential Inverter Consumption by Region (2019-2030)
        4.5.3 China
        4.5.4 Japan
        4.5.5 South Korea
        4.5.6 China Taiwan
        4.5.7 Southeast Asia
        4.5.8 India
    4.6 Latin America, Middle East & Africa
        4.6.1 Latin America, Middle East & Africa Residential Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
        4.6.2 Latin America, Middle East & Africa Residential Inverter Consumption by Country (2019-2030)
        4.6.3 Mexico
        4.6.4 Brazil
        4.6.5 Turkey

5 Segment by Type
    5.1 Global Residential Inverter Production by Type (2019-2030)
        5.1.1 Global Residential Inverter Production by Type (2019-2024)
        5.1.2 Global Residential Inverter Production by Type (2025-2030)
        5.1.3 Global Residential Inverter Production Market Share by Type (2019-2030)
    5.2 Global Residential Inverter Production Value by Type (2019-2030)
        5.2.1 Global Residential Inverter Production Value by Type (2019-2024)
        5.2.2 Global Residential Inverter Production Value by Type (2025-2030)
        5.2.3 Global Residential Inverter Production Value Market Share by Type (2019-2030)
    5.3 Global Residential Inverter Price by Type (2019-2030)

6 Segment by Application
    6.1 Global Residential Inverter Production by Application (2019-2030)
        6.1.1 Global Residential Inverter Production by Application (2019-2024)
        6.1.2 Global Residential Inverter Production by Application (2025-2030)
        6.1.3 Global Residential Inverter Production Market Share by Application (2019-2030)
    6.2 Global Residential Inverter Production Value by Application (2019-2030)
        6.2.1 Global Residential Inverter Production Value by Application (2019-2024)
        6.2.2 Global Residential Inverter Production Value by Application (2025-2030)
        6.2.3 Global Residential Inverter Production Value Market Share by Application (2019-2030)
    6.3 Global Residential Inverter Price by Application (2019-2030)

7 Key Companies Profiled
    7.1 Goodwe
        7.1.1 Goodwe Residential Inverter Corporation Information
        7.1.2 Goodwe Residential Inverter Product Portfolio
        7.1.3 Goodwe Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.1.4 Goodwe Main Business and Markets Served
        7.1.5 Goodwe Recent Developments/Updates
    7.2 Inhenergy
        7.2.1 Inhenergy Residential Inverter Corporation Information
        7.2.2 Inhenergy Residential Inverter Product Portfolio
        7.2.3 Inhenergy Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.2.4 Inhenergy Main Business and Markets Served
        7.2.5 Inhenergy Recent Developments/Updates
    7.3 Growatt
        7.3.1 Growatt Residential Inverter Corporation Information
        7.3.2 Growatt Residential Inverter Product Portfolio
        7.3.3 Growatt Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.3.4 Growatt Main Business and Markets Served
        7.3.5 Growatt Recent Developments/Updates
    7.4 GE
        7.4.1 GE Residential Inverter Corporation Information
        7.4.2 GE Residential Inverter Product Portfolio
        7.4.3 GE Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.4.4 GE Main Business and Markets Served
        7.4.5 GE Recent Developments/Updates
    7.5 SolarEdge
        7.5.1 SolarEdge Residential Inverter Corporation Information
        7.5.2 SolarEdge Residential Inverter Product Portfolio
        7.5.3 SolarEdge Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.5.4 SolarEdge Main Business and Markets Served
        7.5.5 SolarEdge Recent Developments/Updates
    7.6 SMA Solar Technology AG
        7.6.1 SMA Solar Technology AG Residential Inverter Corporation Information
        7.6.2 SMA Solar Technology AG Residential Inverter Product Portfolio
        7.6.3 SMA Solar Technology AG Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.6.4 SMA Solar Technology AG Main Business and Markets Served
        7.6.5 SMA Solar Technology AG Recent Developments/Updates
    7.7 Ingeteam
        7.7.1 Ingeteam Residential Inverter Corporation Information
        7.7.2 Ingeteam Residential Inverter Product Portfolio
        7.7.3 Ingeteam Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.7.4 Ingeteam Main Business and Markets Served
        7.7.5 Ingeteam Recent Developments/Updates
    7.8 Fronius
        7.8.1 Fronius Residential Inverter Corporation Information
        7.8.2 Fronius Residential Inverter Product Portfolio
        7.8.3 Fronius Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.8.4 Fronius Main Business and Markets Served
        7.7.5 Fronius Recent Developments/Updates
    7.9 KATEK
        7.9.1 KATEK Residential Inverter Corporation Information
        7.9.2 KATEK Residential Inverter Product Portfolio
        7.9.3 KATEK Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.9.4 KATEK Main Business and Markets Served
        7.9.5 KATEK Recent Developments/Updates
    7.10 Fimer
        7.10.1 Fimer Residential Inverter Corporation Information
        7.10.2 Fimer Residential Inverter Product Portfolio
        7.10.3 Fimer Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.10.4 Fimer Main Business and Markets Served
        7.10.5 Fimer Recent Developments/Updates
    7.11 Enphase
        7.11.1 Enphase Residential Inverter Corporation Information
        7.11.2 Enphase Residential Inverter Product Portfolio
        7.11.3 Enphase Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.11.4 Enphase Main Business and Markets Served
        7.11.5 Enphase Recent Developments/Updates
    7.12 Sungrow
        7.12.1 Sungrow Residential Inverter Corporation Information
        7.12.2 Sungrow Residential Inverter Product Portfolio
        7.12.3 Sungrow Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.12.4 Sungrow Main Business and Markets Served
        7.12.5 Sungrow Recent Developments/Updates
    7.13 Delta
        7.13.1 Delta Residential Inverter Corporation Information
        7.13.2 Delta Residential Inverter Product Portfolio
        7.13.3 Delta Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.13.4 Delta Main Business and Markets Served
        7.13.5 Delta Recent Developments/Updates
    7.14 Hoymiles
        7.14.1 Hoymiles Residential Inverter Corporation Information
        7.14.2 Hoymiles Residential Inverter Product Portfolio
        7.14.3 Hoymiles Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.14.4 Hoymiles Main Business and Markets Served
        7.14.5 Hoymiles Recent Developments/Updates
    7.15 SAJ
        7.15.1 SAJ Residential Inverter Corporation Information
        7.15.2 SAJ Residential Inverter Product Portfolio
        7.15.3 SAJ Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.15.4 SAJ Main Business and Markets Served
        7.15.5 SAJ Recent Developments/Updates
    7.16 Ginlong
        7.16.1 Ginlong Residential Inverter Corporation Information
        7.16.2 Ginlong Residential Inverter Product Portfolio
        7.16.3 Ginlong Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.16.4 Ginlong Main Business and Markets Served
        7.16.5 Ginlong Recent Developments/Updates
    7.17 SOFARSOLAR
        7.17.1 SOFARSOLAR Residential Inverter Corporation Information
        7.17.2 SOFARSOLAR Residential Inverter Product Portfolio
        7.17.3 SOFARSOLAR Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.17.4 SOFARSOLAR Main Business and Markets Served
        7.17.5 SOFARSOLAR Recent Developments/Updates
    7.18 Aotai
        7.18.1 Aotai Residential Inverter Corporation Information
        7.18.2 Aotai Residential Inverter Product Portfolio
        7.18.3 Aotai Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.18.4 Aotai Main Business and Markets Served
        7.18.5 Aotai Recent Developments/Updates
    7.19 Shenzhen Hopewind Electric
        7.19.1 Shenzhen Hopewind Electric Residential Inverter Corporation Information
        7.19.2 Shenzhen Hopewind Electric Residential Inverter Product Portfolio
        7.19.3 Shenzhen Hopewind Electric Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.19.4 Shenzhen Hopewind Electric Main Business and Markets Served
        7.19.5 Shenzhen Hopewind Electric Recent Developments/Updates
    7.20 Chint
        7.20.1 Chint Residential Inverter Corporation Information
        7.20.2 Chint Residential Inverter Product Portfolio
        7.20.3 Chint Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.20.4 Chint Main Business and Markets Served
        7.20.5 Chint Recent Developments/Updates
    7.21 Afore
        7.21.1 Afore Residential Inverter Corporation Information
        7.21.2 Afore Residential Inverter Product Portfolio
        7.21.3 Afore Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.21.4 Afore Main Business and Markets Served
        7.21.5 Afore Recent Developments/Updates
    7.22 APsystems
        7.22.1 APsystems Residential Inverter Corporation Information
        7.22.2 APsystems Residential Inverter Product Portfolio
        7.22.3 APsystems Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.22.4 APsystems Main Business and Markets Served
        7.22.5 APsystems Recent Developments/Updates
    7.23 SINRNG
        7.23.1 SINRNG Residential Inverter Corporation Information
        7.23.2 SINRNG Residential Inverter Product Portfolio
        7.23.3 SINRNG Residential Inverter Production, Value, Price and Gross Margin (2019-2024)
        7.23.4 SINRNG Main Business and Markets Served
        7.23.5 SINRNG Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis
    8.1 Residential Inverter Industry Chain Analysis
    8.2 Residential Inverter Key Raw Materials
        8.2.1 Key Raw Materials
        8.2.2 Raw Materials Key Suppliers
    8.3 Residential Inverter Production Mode & Process
    8.4 Residential Inverter Sales and Marketing
        8.4.1 Residential Inverter Sales Channels
        8.4.2 Residential Inverter Distributors
    8.5 Residential Inverter Customers

9 Residential Inverter Market Dynamics
    9.1 Residential Inverter Industry Trends
    9.2 Residential Inverter Market Drivers
    9.3 Residential Inverter Market Challenges
    9.4 Residential Inverter Market Restraints

10 Research Finding and Conclusion

11 Methodology and Data Source
    11.1 Methodology/Research Approach
        11.1.1 Research Programs/Design
        11.1.2 Market Size Estimation
        11.1.3 Market Breakdown and Data Triangulation
    11.2 Data Source
        11.2.1 Secondary Sources
        11.2.2 Primary Sources
    11.3 Author List
    11.4 Disclaimer

Table of Figures

List of Tables
    Table 1. Global Residential Inverter Market Value by Type, (US$ Million) & (2023 VS 2030)
    Table 2. Global Residential Inverter Market Value by Application, (US$ Million) & (2023 VS 2030)
    Table 3. Global Residential Inverter Production Capacity (K Units) by Manufacturers in 2023
    Table 4. Global Residential Inverter Production by Manufacturers (2019-2024) & (K Units)
    Table 5. Global Residential Inverter Production Market Share by Manufacturers (2019-2024)
    Table 6. Global Residential Inverter Production Value by Manufacturers (2019-2024) & (US$ Million)
    Table 7. Global Residential Inverter Production Value Share by Manufacturers (2019-2024)
    Table 8. Global Residential Inverter Industry Ranking 2022 VS 2023 VS 2024
    Table 9. Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Residential Inverter as of 2023)
    Table 10. Global Market Residential Inverter Average Price by Manufacturers (US$/Unit) & (2019-2024)
    Table 11. Manufacturers Residential Inverter Production Sites and Area Served
    Table 12. Manufacturers Residential Inverter Product Types
    Table 13. Global Residential Inverter Manufacturers Market Concentration Ratio (CR5 and HHI)
    Table 14. Mergers & Acquisitions, Expansion
    Table 15. Global Residential Inverter Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
    Table 16. Global Residential Inverter Production Value (US$ Million) by Region (2019-2024)
    Table 17. Global Residential Inverter Production Value Market Share by Region (2019-2024)
    Table 18. Global Residential Inverter Production Value (US$ Million) Forecast by Region (2025-2030)
    Table 19. Global Residential Inverter Production Value Market Share Forecast by Region (2025-2030)
    Table 20. Global Residential Inverter Production Comparison by Region: 2019 VS 2023 VS 2030 (K Units)
    Table 21. Global Residential Inverter Production (K Units) by Region (2019-2024)
    Table 22. Global Residential Inverter Production Market Share by Region (2019-2024)
    Table 23. Global Residential Inverter Production (K Units) Forecast by Region (2025-2030)
    Table 24. Global Residential Inverter Production Market Share Forecast by Region (2025-2030)
    Table 25. Global Residential Inverter Market Average Price (US$/Unit) by Region (2019-2024)
    Table 26. Global Residential Inverter Market Average Price (US$/Unit) by Region (2025-2030)
    Table 27. Global Residential Inverter Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (K Units)
    Table 28. Global Residential Inverter Consumption by Region (2019-2024) & (K Units)
    Table 29. Global Residential Inverter Consumption Market Share by Region (2019-2024)
    Table 30. Global Residential Inverter Forecasted Consumption by Region (2025-2030) & (K Units)
    Table 31. Global Residential Inverter Forecasted Consumption Market Share by Region (2019-2024)
    Table 32. North America Residential Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (K Units)
    Table 33. North America Residential Inverter Consumption by Country (2019-2024) & (K Units)
    Table 34. North America Residential Inverter Consumption by Country (2025-2030) & (K Units)
    Table 35. Europe Residential Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (K Units)
    Table 36. Europe Residential Inverter Consumption by Country (2019-2024) & (K Units)
    Table 37. Europe Residential Inverter Consumption by Country (2025-2030) & (K Units)
    Table 38. Asia Pacific Residential Inverter Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (K Units)
    Table 39. Asia Pacific Residential Inverter Consumption by Region (2019-2024) & (K Units)
    Table 40. Asia Pacific Residential Inverter Consumption by Region (2025-2030) & (K Units)
    Table 41. Latin America, Middle East & Africa Residential Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (K Units)
    Table 42. Latin America, Middle East & Africa Residential Inverter Consumption by Country (2019-2024) & (K Units)
    Table 43. Latin America, Middle East & Africa Residential Inverter Consumption by Country (2025-2030) & (K Units)
    Table 44. Global Residential Inverter Production (K Units) by Type (2019-2024)
    Table 45. Global Residential Inverter Production (K Units) by Type (2025-2030)
    Table 46. Global Residential Inverter Production Market Share by Type (2019-2024)
    Table 47. Global Residential Inverter Production Market Share by Type (2025-2030)
    Table 48. Global Residential Inverter Production Value (US$ Million) by Type (2019-2024)
    Table 49. Global Residential Inverter Production Value (US$ Million) by Type (2025-2030)
    Table 50. Global Residential Inverter Production Value Share by Type (2019-2024)
    Table 51. Global Residential Inverter Production Value Share by Type (2025-2030)
    Table 52. Global Residential Inverter Price (US$/Unit) by Type (2019-2024)
    Table 53. Global Residential Inverter Price (US$/Unit) by Type (2025-2030)
    Table 54. Global Residential Inverter Production (K Units) by Application (2019-2024)
    Table 55. Global Residential Inverter Production (K Units) by Application (2025-2030)
    Table 56. Global Residential Inverter Production Market Share by Application (2019-2024)
    Table 57. Global Residential Inverter Production Market Share by Application (2025-2030)
    Table 58. Global Residential Inverter Production Value (US$ Million) by Application (2019-2024)
    Table 59. Global Residential Inverter Production Value (US$ Million) by Application (2025-2030)
    Table 60. Global Residential Inverter Production Value Share by Application (2019-2024)
    Table 61. Global Residential Inverter Production Value Share by Application (2025-2030)
    Table 62. Global Residential Inverter Price (US$/Unit) by Application (2019-2024)
    Table 63. Global Residential Inverter Price (US$/Unit) by Application (2025-2030)
    Table 64. Goodwe Residential Inverter Corporation Information
    Table 65. Goodwe Specification and Application
    Table 66. Goodwe Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 67. Goodwe Main Business and Markets Served
    Table 68. Goodwe Recent Developments/Updates
    Table 69. Inhenergy Residential Inverter Corporation Information
    Table 70. Inhenergy Specification and Application
    Table 71. Inhenergy Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 72. Inhenergy Main Business and Markets Served
    Table 73. Inhenergy Recent Developments/Updates
    Table 74. Growatt Residential Inverter Corporation Information
    Table 75. Growatt Specification and Application
    Table 76. Growatt Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 77. Growatt Main Business and Markets Served
    Table 78. Growatt Recent Developments/Updates
    Table 79. GE Residential Inverter Corporation Information
    Table 80. GE Specification and Application
    Table 81. GE Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 82. GE Main Business and Markets Served
    Table 83. GE Recent Developments/Updates
    Table 84. SolarEdge Residential Inverter Corporation Information
    Table 85. SolarEdge Specification and Application
    Table 86. SolarEdge Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 87. SolarEdge Main Business and Markets Served
    Table 88. SolarEdge Recent Developments/Updates
    Table 89. SMA Solar Technology AG Residential Inverter Corporation Information
    Table 90. SMA Solar Technology AG Specification and Application
    Table 91. SMA Solar Technology AG Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 92. SMA Solar Technology AG Main Business and Markets Served
    Table 93. SMA Solar Technology AG Recent Developments/Updates
    Table 94. Ingeteam Residential Inverter Corporation Information
    Table 95. Ingeteam Specification and Application
    Table 96. Ingeteam Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 97. Ingeteam Main Business and Markets Served
    Table 98. Ingeteam Recent Developments/Updates
    Table 99. Fronius Residential Inverter Corporation Information
    Table 100. Fronius Specification and Application
    Table 101. Fronius Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 102. Fronius Main Business and Markets Served
    Table 103. Fronius Recent Developments/Updates
    Table 104. KATEK Residential Inverter Corporation Information
    Table 105. KATEK Specification and Application
    Table 106. KATEK Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 107. KATEK Main Business and Markets Served
    Table 108. KATEK Recent Developments/Updates
    Table 109. Fimer Residential Inverter Corporation Information
    Table 110. Fimer Specification and Application
    Table 111. Fimer Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 112. Fimer Main Business and Markets Served
    Table 113. Fimer Recent Developments/Updates
    Table 114. Enphase Residential Inverter Corporation Information
    Table 115. Enphase Specification and Application
    Table 116. Enphase Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 117. Enphase Main Business and Markets Served
    Table 118. Enphase Recent Developments/Updates
    Table 119. Sungrow Residential Inverter Corporation Information
    Table 120. Sungrow Specification and Application
    Table 121. Sungrow Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 122. Sungrow Main Business and Markets Served
    Table 123. Sungrow Recent Developments/Updates
    Table 124. Delta Residential Inverter Corporation Information
    Table 125. Delta Specification and Application
    Table 126. Delta Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 127. Delta Main Business and Markets Served
    Table 128. Delta Recent Developments/Updates
    Table 129. Hoymiles Residential Inverter Corporation Information
    Table 130. Hoymiles Specification and Application
    Table 131. Hoymiles Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 132. Hoymiles Main Business and Markets Served
    Table 133. Hoymiles Recent Developments/Updates
    Table 134. Hoymiles Residential Inverter Corporation Information
    Table 135. SAJ Specification and Application
    Table 136. SAJ Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 137. SAJ Main Business and Markets Served
    Table 138. SAJ Recent Developments/Updates
    Table 139. Ginlong Residential Inverter Corporation Information
    Table 140. Ginlong Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 141. Ginlong Main Business and Markets Served
    Table 142. Ginlong Recent Developments/Updates
    Table 143. SOFARSOLAR Residential Inverter Corporation Information
    Table 144. SOFARSOLAR Specification and Application
    Table 145. SOFARSOLAR Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 146. SOFARSOLAR Main Business and Markets Served
    Table 147. SOFARSOLAR Recent Developments/Updates
    Table 148. Aotai Residential Inverter Corporation Information
    Table 149. Aotai Specification and Application
    Table 150. Aotai Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 151. Aotai Main Business and Markets Served
    Table 152. Aotai Recent Developments/Updates
    Table 153. Shenzhen Hopewind Electric Residential Inverter Corporation Information
    Table 154. Shenzhen Hopewind Electric Specification and Application
    Table 155. Shenzhen Hopewind Electric Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 156. Shenzhen Hopewind Electric Main Business and Markets Served
    Table 157. Shenzhen Hopewind Electric Recent Developments/Updates
    Table 158. Chint Residential Inverter Corporation Information
    Table 159. Chint Specification and Application
    Table 160. Chint Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 161. Chint Main Business and Markets Served
    Table 162. Chint Recent Developments/Updates
    Table 163. Afore Residential Inverter Corporation Information
    Table 164. Afore Specification and Application
    Table 165. Afore Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 166. Afore Main Business and Markets Served
    Table 167. Afore Recent Developments/Updates
    Table 168. APsystems Residential Inverter Corporation Information
    Table 169. APsystems Specification and Application
    Table 170. APsystems Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 171. APsystems Main Business and Markets Served
    Table 172. APsystems Recent Developments/Updates
    Table 173. SINRNG Residential Inverter Corporation Information
    Table 174. SINRNG Specification and Application
    Table 175. SINRNG Residential Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 176. SINRNG Main Business and Markets Served
    Table 177. SINRNG Recent Developments/Updates
    Table 178. Key Raw Materials Lists
    Table 179. Raw Materials Key Suppliers Lists
    Table 180. Residential Inverter Distributors List
    Table 181. Residential Inverter Customers List
    Table 182. Residential Inverter Market Trends
    Table 183. Residential Inverter Market Drivers
    Table 184. Residential Inverter Market Challenges
    Table 185. Residential Inverter Market Restraints
    Table 186. Research Programs/Design for This Report
    Table 187. Key Data Information from Secondary Sources
    Table 188. Key Data Information from Primary Sources
List of Figures
    Figure 1. Product Picture of Residential Inverter
    Figure 2. Global Residential Inverter Market Value by Type, (US$ Million) & (2023 VS 2030)
    Figure 3. Global Residential Inverter Market Share by Type: 2023 VS 2030
    Figure 4. String Inverter Product Picture
    Figure 5. Micro Inverter Product Picture
    Figure 6. Others Product Picture
    Figure 7. Global Residential Inverter Market Value by Application, (US$ Million) & (2023 VS 2030)
    Figure 8. Global Residential Inverter Market Share by Application: 2023 VS 2030
    Figure 9. Commercial Housing
    Figure 10. Non-commercial Housing
    Figure 11. Global Residential Inverter Production Value (US$ Million), 2019 VS 2023 VS 2030
    Figure 12. Global Residential Inverter Production Value (US$ Million) & (2019-2030)
    Figure 13. Global Residential Inverter Production (K Units) & (2019-2030)
    Figure 14. Global Residential Inverter Average Price (US$/Unit) & (2019-2030)
    Figure 15. Residential Inverter Report Years Considered
    Figure 16. Residential Inverter Production Share by Manufacturers in 2023
    Figure 17. Residential Inverter Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
    Figure 18. The Global 5 and 10 Largest Players: Market Share by Residential Inverter Revenue in 2023
    Figure 19. Global Residential Inverter Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
    Figure 20. Global Residential Inverter Production Value Market Share by Region: 2019 VS 2023 VS 2030
    Figure 21. Global Residential Inverter Production Comparison by Region: 2019 VS 2023 VS 2030 (K Units)
    Figure 22. Global Residential Inverter Production Market Share by Region: 2019 VS 2023 VS 2030
    Figure 23. North America Residential Inverter Production Value (US$ Million) Growth Rate (2019-2030)
    Figure 24. Europe Residential Inverter Production Value (US$ Million) Growth Rate (2019-2030)
    Figure 25. China Residential Inverter Production Value (US$ Million) Growth Rate (2019-2030)
    Figure 26. Japan Residential Inverter Production Value (US$ Million) Growth Rate (2019-2030)
    Figure 27. Global Residential Inverter Consumption by Region: 2019 VS 2023 VS 2030 (K Units)
    Figure 28. Global Residential Inverter Consumption Market Share by Region: 2019 VS 2023 VS 2030
    Figure 29. North America Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 30. North America Residential Inverter Consumption Market Share by Country (2019-2030)
    Figure 31. Canada Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 32. U.S. Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 33. Europe Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 34. Europe Residential Inverter Consumption Market Share by Country (2019-2030)
    Figure 35. Germany Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 36. France Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 37. U.K. Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 38. Italy Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 39. Russia Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 40. Asia Pacific Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 41. Asia Pacific Residential Inverter Consumption Market Share by Regions (2019-2030)
    Figure 42. China Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 43. Japan Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 44. South Korea Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 45. China Taiwan Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 46. Southeast Asia Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 47. India Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 48. Latin America, Middle East & Africa Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 49. Latin America, Middle East & Africa Residential Inverter Consumption Market Share by Country (2019-2030)
    Figure 50. Mexico Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 51. Brazil Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 52. Turkey Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 53. GCC Countries Residential Inverter Consumption and Growth Rate (2019-2024) & (K Units)
    Figure 54. Global Production Market Share of Residential Inverter by Type (2019-2030)
    Figure 55. Global Production Value Market Share of Residential Inverter by Type (2019-2030)
    Figure 56. Global Residential Inverter Price (US$/Unit) by Type (2019-2030)
    Figure 57. Global Production Market Share of Residential Inverter by Application (2019-2030)
    Figure 58. Global Production Value Market Share of Residential Inverter by Application (2019-2030)
    Figure 59. Global Residential Inverter Price (US$/Unit) by Application (2019-2030)
    Figure 60. Residential Inverter Value Chain
    Figure 61. Residential Inverter Production Process
    Figure 62. Channels of Distribution (Direct Vs Distribution)
    Figure 63. Distributors Profiles
    Figure 64. Bottom-up and Top-down Approaches for This Report
    Figure 65. Data Triangulation

Description

A residential inverter refers to an electronic device used to convert direct current (DC) electricity produced by solar panels or batteries into alternating current (AC) electricity that is suitable for powering household appliances and electronics. It is a crucial component of a residential solar power system as it allows homeowners to utilize the electricity generated from their solar panels or stored in batteries to power their homes. Residential inverters typically come in different sizes and capacities to accommodate various system sizes and load requirements. They also often include built-in features such as maximum power point tracking (MPPT) to optimize energy production and grid-tie capabilities to enable the connection with the power grid.

The global Residential Inverter market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.

North American market for Residential Inverter is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for Residential Inverter is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Market Segmentation

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