Industry: Electronics & Semiconductor
Published Date: 2024-01-11
Pages: 139 Pages
Report ld: 2639375
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Solar On Grid Inverter Market Size(US$)

CAGR 2024-2030
8.1%
Market Size,2030
USD 16,420
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
Solar On Grid Inverter converts solar power DC which is constantly varying and feed it into the mains power supply.
The global market for Solar On Grid Inverter was estimated to be worth US$ 9534 million in 2023 and is forecast to a readjusted size of US$ 16420 million by 2030 with a CAGR of 8.1% during the forecast period 2024-2030
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.352 GW.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Solar On Grid Inverter, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Solar On Grid Inverter by region & country, by Type, and by Application.
The Solar On Grid Inverter market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Solar On Grid Inverter.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Solar On Grid Inverter manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Solar On Grid Inverter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Solar On Grid Inverter in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Solar On Grid Inverter Product Introduction
1.2 Global Solar On Grid Inverter Market Size Forecast
1.2.1 Global Solar On Grid Inverter Sales Value (2019-2030)
1.2.2 Global Solar On Grid Inverter Sales Volume (2019-2030)
1.2.3 Global Solar On Grid Inverter Sales Price (2019-2030)
1.3 Solar On Grid Inverter Market Trends & Drivers
1.3.1 Solar On Grid Inverter Industry Trends
1.3.2 Solar On Grid Inverter Market Drivers & Opportunity
1.3.3 Solar On Grid Inverter Market Challenges
1.3.4 Solar On Grid Inverter Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Solar On Grid Inverter Players Revenue Ranking (2023)
2.2 Global Solar On Grid Inverter Revenue by Company (2019-2024)
2.3 Global Solar On Grid Inverter Players Sales Volume Ranking (2023)
2.4 Global Solar On Grid Inverter Sales Volume by Company Players (2019-2024)
2.5 Global Solar On Grid Inverter Average Price by Company (2019-2024)
2.6 Key Manufacturers Solar On Grid Inverter Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Solar On Grid Inverter Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Solar On Grid Inverter
2.9 Solar On Grid Inverter Market Competitive Analysis
2.9.1 Solar On Grid Inverter Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Solar On Grid Inverter Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Solar On Grid Inverter as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Micro
3.1.2 String
3.1.3 Central
3.2 Global Solar On Grid Inverter Sales Value by Type
3.2.1 Global Solar On Grid Inverter Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Solar On Grid Inverter Sales Value, by Type (2019-2030)
3.2.3 Global Solar On Grid Inverter Sales Value, by Type (%) (2019-2030)
3.3 Global Solar On Grid Inverter Sales Volume by Type
3.3.1 Global Solar On Grid Inverter Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Solar On Grid Inverter Sales Volume, by Type (2019-2030)
3.3.3 Global Solar On Grid Inverter Sales Volume, by Type (%) (2019-2030)
3.4 Global Solar On Grid Inverter Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Residential
4.1.2 Commercial
4.1.3 Industrial
4.1.4 Utilities
4.1.5 Others
4.2 Global Solar On Grid Inverter Sales Value by Application
4.2.1 Global Solar On Grid Inverter Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Solar On Grid Inverter Sales Value, by Application (2019-2030)
4.2.3 Global Solar On Grid Inverter Sales Value, by Application (%) (2019-2030)
4.3 Global Solar On Grid Inverter Sales Volume by Application
4.3.1 Global Solar On Grid Inverter Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Solar On Grid Inverter Sales Volume, by Application (2019-2030)
4.3.3 Global Solar On Grid Inverter Sales Volume, by Application (%) (2019-2030)
4.4 Global Solar On Grid Inverter Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Solar On Grid Inverter Sales Value by Region
5.1.1 Global Solar On Grid Inverter Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Solar On Grid Inverter Sales Value by Region (2019-2024)
5.1.3 Global Solar On Grid Inverter Sales Value by Region (2025-2030)
5.1.4 Global Solar On Grid Inverter Sales Value by Region (%), (2019-2030)
5.2 Global Solar On Grid Inverter Sales Volume by Region
5.2.1 Global Solar On Grid Inverter Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Solar On Grid Inverter Sales Volume by Region (2019-2024)
5.2.3 Global Solar On Grid Inverter Sales Volume by Region (2025-2030)
5.2.4 Global Solar On Grid Inverter Sales Volume by Region (%), (2019-2030)
5.3 Global Solar On Grid Inverter Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Solar On Grid Inverter Sales Value, 2019-2030
5.4.2 North America Solar On Grid Inverter Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Solar On Grid Inverter Sales Value, 2019-2030
5.5.2 Europe Solar On Grid Inverter Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Solar On Grid Inverter Sales Value, 2019-2030
5.6.2 Asia Pacific Solar On Grid Inverter Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Solar On Grid Inverter Sales Value, 2019-2030
5.7.2 South America Solar On Grid Inverter Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Solar On Grid Inverter Sales Value, 2019-2030
5.8.2 Middle East & Africa Solar On Grid Inverter Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Solar On Grid Inverter Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Solar On Grid Inverter Sales Value
6.2.1 Key Countries/Regions Solar On Grid Inverter Sales Value, 2019-2030
6.2.2 Key Countries/Regions Solar On Grid Inverter Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Solar On Grid Inverter Sales Value, 2019-2030
6.3.2 United States Solar On Grid Inverter Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Solar On Grid Inverter Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Solar On Grid Inverter Sales Value, 2019-2030
6.4.2 Europe Solar On Grid Inverter Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Solar On Grid Inverter Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Solar On Grid Inverter Sales Value, 2019-2030
6.5.2 China Solar On Grid Inverter Sales Value by Type (%), 2023 VS 2030
6.5.3 China Solar On Grid Inverter Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Solar On Grid Inverter Sales Value, 2019-2030
6.6.2 Japan Solar On Grid Inverter Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Solar On Grid Inverter Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Solar On Grid Inverter Sales Value, 2019-2030
6.7.2 South Korea Solar On Grid Inverter Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Solar On Grid Inverter Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Solar On Grid Inverter Sales Value, 2019-2030
6.8.2 Southeast Asia Solar On Grid Inverter Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Solar On Grid Inverter Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Solar On Grid Inverter Sales Value, 2019-2030
6.9.2 India Solar On Grid Inverter Sales Value by Type (%), 2023 VS 2030
6.9.3 India Solar On Grid Inverter Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 SMA Solar Technology
7.1.1 SMA Solar Technology Company Information
7.1.2 SMA Solar Technology Introduction and Business Overview
7.1.3 SMA Solar Technology Solar On Grid Inverter Sales, Revenue and Gross Margin (2019-2024)
7.1.4 SMA Solar Technology Solar On Grid Inverter Product Offerings
7.1.5 SMA Solar Technology Recent Development
7.2 GoodWe
7.2.1 GoodWe Company Information
7.2.2 GoodWe Introduction and Business Overview
7.2.3 GoodWe Solar On Grid Inverter Sales, Revenue and Gross Margin (2019-2024)
7.2.4 GoodWe Solar On Grid Inverter Product Offerings
7.2.5 GoodWe Recent Development
7.3 ABB
7.3.1 ABB Company Information
7.3.2 ABB Introduction and Business Overview
7.3.3 ABB Solar On Grid Inverter Sales, Revenue and Gross Margin (2019-2024)
7.3.4 ABB Solar On Grid Inverter Product Offerings
7.3.5 ABB Recent Development
7.4 Delta Electronics India
7.4.1 Delta Electronics India Company Information
7.4.2 Delta Electronics India Introduction and Business Overview
7.4.3 Delta Electronics India Solar On Grid Inverter Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Delta Electronics India Solar On Grid Inverter Product Offerings
7.4.5 Delta Electronics India Recent Development
7.5 TMEIC
7.5.1 TMEIC Company Information
7.5.2 TMEIC Introduction and Business Overview
7.5.3 TMEIC Solar On Grid Inverter Sales, Revenue and Gross Margin (2019-2024)
7.5.4 TMEIC Solar On Grid Inverter Product Offerings
7.5.5 TMEIC Recent Development
7.6 Fronius
7.6.1 Fronius Company Information
7.6.2 Fronius Introduction and Business Overview
7.6.3 Fronius Solar On Grid Inverter Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Fronius Solar On Grid Inverter Product Offerings
7.6.5 Fronius Recent Development
7.7 Sofar
7.7.1 Sofar Company Information
7.7.2 Sofar Introduction and Business Overview
7.7.3 Sofar Solar On Grid Inverter Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Sofar Solar On Grid Inverter Product Offerings
7.7.5 Sofar Recent Development
7.8 Sungrow
7.8.1 Sungrow Company Information
7.8.2 Sungrow Introduction and Business Overview
7.8.3 Sungrow Solar On Grid Inverter Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Sungrow Solar On Grid Inverter Product Offerings
7.8.5 Sungrow Recent Development
7.9 Huawei
7.9.1 Huawei Company Information
7.9.2 Huawei Introduction and Business Overview
7.9.3 Huawei Solar On Grid Inverter Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Huawei Solar On Grid Inverter Product Offerings
7.9.5 Huawei Recent Development
7.10 Morningstar
7.10.1 Morningstar Company Information
7.10.2 Morningstar Introduction and Business Overview
7.10.3 Morningstar Solar On Grid Inverter Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Morningstar Solar On Grid Inverter Product Offerings
7.10.5 Morningstar Recent Development
7.11 Luminous
7.11.1 Luminous Company Information
7.11.2 Luminous Introduction and Business Overview
7.11.3 Luminous Solar On Grid Inverter Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Luminous Solar On Grid Inverter Product Offerings
7.11.5 Luminous Recent Development
7.12 Su-Kam Power Systems
7.12.1 Su-Kam Power Systems Company Information
7.12.2 Su-Kam Power Systems Introduction and Business Overview
7.12.3 Su-Kam Power Systems Solar On Grid Inverter Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Su-Kam Power Systems Solar On Grid Inverter Product Offerings
7.12.5 Su-Kam Power Systems Recent Development
7.13 Sol-Ark
7.13.1 Sol-Ark Company Information
7.13.2 Sol-Ark Introduction and Business Overview
7.13.3 Sol-Ark Solar On Grid Inverter Sales, Revenue and Gross Margin (2019-2024)
7.13.4 Sol-Ark Solar On Grid Inverter Product Offerings
7.13.5 Sol-Ark Recent Development
7.14 Enphase
7.14.1 Enphase Company Information
7.14.2 Enphase Introduction and Business Overview
7.14.3 Enphase Solar On Grid Inverter Sales, Revenue and Gross Margin (2019-2024)
7.14.4 Enphase Solar On Grid Inverter Product Offerings
7.14.5 Enphase Recent Development
7.15 Outback Power
7.15.1 Outback Power Company Information
7.15.2 Outback Power Introduction and Business Overview
7.15.3 Outback Power Solar On Grid Inverter Sales, Revenue and Gross Margin (2019-2024)
7.15.4 Outback Power Solar On Grid Inverter Product Offerings
7.15.5 Outback Power Recent Development
7.16 Ginlong
7.16.1 Ginlong Company Information
7.16.2 Ginlong Introduction and Business Overview
7.16.3 Ginlong Solar On Grid Inverter Sales, Revenue and Gross Margin (2019-2024)
7.16.4 Ginlong Solar On Grid Inverter Product Offerings
7.16.5 Ginlong Recent Development
8 Industry Chain Analysis
8.1 Solar On Grid Inverter Industrial Chain
8.2 Solar On Grid Inverter Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Solar On Grid Inverter Sales Model
8.5.2 Sales Channel
8.5.3 Solar On Grid Inverter Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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