Industry: Machinery & Equipment
Published Date: 2024-04-25
Pages: 112 Pages
Report ld: 2870259
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Solar Grid Connected Inverter Market Size(US$)

CAGR 2024-2030
5.4%
Market Size,2030
USD 66
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Solar Grid Connected Inverter market is projected to grow from US$ 48 million in 2024 to US$ 66 million by 2030, at a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period.
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 3.399 GW.
In terms of production side, this report researches the Solar Grid Connected Inverter production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.
In terms of consumption side, this report focuses on the sales of Solar Grid Connected Inverter by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.
Report Covers:
This report presents an overview of global market for Solar Grid Connected Inverter, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Solar Grid Connected Inverter, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Solar Grid Connected Inverter, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Solar Grid Connected Inverter sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Solar Grid Connected Inverter market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Solar Grid Connected Inverter sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Huawei, Sungrow Power Supply, SMA Solar Technology AG, Power Electronics, FIMER, TMEIC, Ginlong Technologies, Growatt New Energy and SolarEdge Technologies, etc.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and 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: Solar Grid Connected Inverter production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of Solar Grid Connected Inverter in global, 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 of each country in the world.
Chapter 4: Detailed analysis of Solar Grid Connected Inverter manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, 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 sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: China by Type, and by Application, sales, and revenue for each segment.
Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Solar Grid Connected Inverter sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: 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 15: The main points and conclusions of the report.
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 Study Coverage
1.1 Solar Grid Connected Inverter Product Introduction
1.2 Market by Type
1.2.1 Global Solar Grid Connected Inverter Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Centralized Inverter
1.2.3 String Inverter
1.2.4 Others
1.3 Market by Application
1.3.1 Global Solar Grid Connected Inverter Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Home
1.3.3 Industrial
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Solar Grid Connected Inverter Production
2.1 Global Solar Grid Connected Inverter Production Capacity (2019-2030)
2.2 Global Solar Grid Connected Inverter Production by Region: 2019 VS 2023 VS 2030
2.3 Global Solar Grid Connected Inverter Production by Region
2.3.1 Global Solar Grid Connected Inverter Historic Production by Region (2019-2024)
2.3.2 Global Solar Grid Connected Inverter Forecasted Production by Region (2025-2030)
2.3.3 Global Solar Grid Connected Inverter Production Market Share by Region (2019-2030)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
3 Executive Summary
3.1 Global Solar Grid Connected Inverter Revenue Estimates and Forecasts 2019-2030
3.2 Global Solar Grid Connected Inverter Revenue by Region
3.2.1 Global Solar Grid Connected Inverter Revenue by Region: 2019 VS 2023 VS 2030
3.2.2 Global Solar Grid Connected Inverter Revenue by Region (2019-2024)
3.2.3 Global Solar Grid Connected Inverter Revenue by Region (2025-2030)
3.2.4 Global Solar Grid Connected Inverter Revenue Market Share by Region (2019-2030)
3.3 Global Solar Grid Connected Inverter Sales Estimates and Forecasts 2019-2030
3.4 Global Solar Grid Connected Inverter Sales by Region
3.4.1 Global Solar Grid Connected Inverter Sales by Region: 2019 VS 2023 VS 2030
3.4.2 Global Solar Grid Connected Inverter Sales by Region (2019-2024)
3.4.3 Global Solar Grid Connected Inverter Sales by Region (2025-2030)
3.4.4 Global Solar Grid Connected Inverter Sales Market Share by Region (2019-2030)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufactures
4.1 Global Solar Grid Connected Inverter Sales by Manufacturers
4.1.1 Global Solar Grid Connected Inverter Sales by Manufacturers (2019-2024)
4.1.2 Global Solar Grid Connected Inverter Sales Market Share by Manufacturers (2019-2024)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of Solar Grid Connected Inverter in 2023
4.2 Global Solar Grid Connected Inverter Revenue by Manufacturers
4.2.1 Global Solar Grid Connected Inverter Revenue by Manufacturers (2019-2024)
4.2.2 Global Solar Grid Connected Inverter Revenue Market Share by Manufacturers (2019-2024)
4.2.3 Global Top 10 and Top 5 Companies by Solar Grid Connected Inverter Revenue in 2023
4.3 Global Solar Grid Connected Inverter Sales Price by Manufacturers
4.4 Global Key Players of Solar Grid Connected Inverter, Industry Ranking, 2022 VS 2023 VS 2024
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Solar Grid Connected Inverter Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of Solar Grid Connected Inverter, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of Solar Grid Connected Inverter, Product Offered and Application
4.8 Global Key Manufacturers of Solar Grid Connected Inverter, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Solar Grid Connected Inverter Sales by Type
5.1.1 Global Solar Grid Connected Inverter Historical Sales by Type (2019-2024)
5.1.2 Global Solar Grid Connected Inverter Forecasted Sales by Type (2025-2030)
5.1.3 Global Solar Grid Connected Inverter Sales Market Share by Type (2019-2030)
5.2 Global Solar Grid Connected Inverter Revenue by Type
5.2.1 Global Solar Grid Connected Inverter Historical Revenue by Type (2019-2024)
5.2.2 Global Solar Grid Connected Inverter Forecasted Revenue by Type (2025-2030)
5.2.3 Global Solar Grid Connected Inverter Revenue Market Share by Type (2019-2030)
5.3 Global Solar Grid Connected Inverter Price by Type
5.3.1 Global Solar Grid Connected Inverter Price by Type (2019-2024)
5.3.2 Global Solar Grid Connected Inverter Price Forecast by Type (2025-2030)
6 Market Size by Application
6.1 Global Solar Grid Connected Inverter Sales by Application
6.1.1 Global Solar Grid Connected Inverter Historical Sales by Application (2019-2024)
6.1.2 Global Solar Grid Connected Inverter Forecasted Sales by Application (2025-2030)
6.1.3 Global Solar Grid Connected Inverter Sales Market Share by Application (2019-2030)
6.2 Global Solar Grid Connected Inverter Revenue by Application
6.2.1 Global Solar Grid Connected Inverter Historical Revenue by Application (2019-2024)
6.2.2 Global Solar Grid Connected Inverter Forecasted Revenue by Application (2025-2030)
6.2.3 Global Solar Grid Connected Inverter Revenue Market Share by Application (2019-2030)
6.3 Global Solar Grid Connected Inverter Price by Application
6.3.1 Global Solar Grid Connected Inverter Price by Application (2019-2024)
6.3.2 Global Solar Grid Connected Inverter Price Forecast by Application (2025-2030)
7 US & Canada
7.1 US & Canada Solar Grid Connected Inverter Market Size by Type
7.1.1 US & Canada Solar Grid Connected Inverter Sales by Type (2019-2030)
7.1.2 US & Canada Solar Grid Connected Inverter Revenue by Type (2019-2030)
7.2 US & Canada Solar Grid Connected Inverter Market Size by Application
7.2.1 US & Canada Solar Grid Connected Inverter Sales by Application (2019-2030)
7.2.2 US & Canada Solar Grid Connected Inverter Revenue by Application (2019-2030)
7.3 US & Canada Solar Grid Connected Inverter Sales by Country
7.3.1 US & Canada Solar Grid Connected Inverter Revenue by Country: 2019 VS 2023 VS 2030
7.3.2 US & Canada Solar Grid Connected Inverter Sales by Country (2019-2030)
7.3.3 US & Canada Solar Grid Connected Inverter Revenue by Country (2019-2030)
7.3.4 United States
7.3.5 Canada
8 Europe
8.1 Europe Solar Grid Connected Inverter Market Size by Type
8.1.1 Europe Solar Grid Connected Inverter Sales by Type (2019-2030)
8.1.2 Europe Solar Grid Connected Inverter Revenue by Type (2019-2030)
8.2 Europe Solar Grid Connected Inverter Market Size by Application
8.2.1 Europe Solar Grid Connected Inverter Sales by Application (2019-2030)
8.2.2 Europe Solar Grid Connected Inverter Revenue by Application (2019-2030)
8.3 Europe Solar Grid Connected Inverter Sales by Country
8.3.1 Europe Solar Grid Connected Inverter Revenue by Country: 2019 VS 2023 VS 2030
8.3.2 Europe Solar Grid Connected Inverter Sales by Country (2019-2030)
8.3.3 Europe Solar Grid Connected Inverter Revenue by Country (2019-2030)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China Solar Grid Connected Inverter Market Size by Type
9.1.1 China Solar Grid Connected Inverter Sales by Type (2019-2030)
9.1.2 China Solar Grid Connected Inverter Revenue by Type (2019-2030)
9.2 China Solar Grid Connected Inverter Market Size by Application
9.2.1 China Solar Grid Connected Inverter Sales by Application (2019-2030)
9.2.2 China Solar Grid Connected Inverter Revenue by Application (2019-2030)
10 Asia (excluding China)
10.1 Asia Solar Grid Connected Inverter Market Size by Type
10.1.1 Asia Solar Grid Connected Inverter Sales by Type (2019-2030)
10.1.2 Asia Solar Grid Connected Inverter Revenue by Type (2019-2030)
10.2 Asia Solar Grid Connected Inverter Market Size by Application
10.2.1 Asia Solar Grid Connected Inverter Sales by Application (2019-2030)
10.2.2 Asia Solar Grid Connected Inverter Revenue by Application (2019-2030)
10.3 Asia Solar Grid Connected Inverter Sales by Region
10.3.1 Asia Solar Grid Connected Inverter Revenue by Region: 2019 VS 2023 VS 2030
10.3.2 Asia Solar Grid Connected Inverter Revenue by Region (2019-2030)
10.3.3 Asia Solar Grid Connected Inverter Sales by Region (2019-2030)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Solar Grid Connected Inverter Market Size by Type
11.1.1 Middle East, Africa and Latin America Solar Grid Connected Inverter Sales by Type (2019-2030)
11.1.2 Middle East, Africa and Latin America Solar Grid Connected Inverter Revenue by Type (2019-2030)
11.2 Middle East, Africa and Latin America Solar Grid Connected Inverter Market Size by Application
11.2.1 Middle East, Africa and Latin America Solar Grid Connected Inverter Sales by Application (2019-2030)
11.2.2 Middle East, Africa and Latin America Solar Grid Connected Inverter Revenue by Application (2019-2030)
11.3 Middle East, Africa and Latin America Solar Grid Connected Inverter Sales by Country
11.3.1 Middle East, Africa and Latin America Solar Grid Connected Inverter Revenue by Country: 2019 VS 2023 VS 2030
11.3.2 Middle East, Africa and Latin America Solar Grid Connected Inverter Revenue by Country (2019-2030)
11.3.3 Middle East, Africa and Latin America Solar Grid Connected Inverter Sales by Country (2019-2030)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profiles
12.1 Huawei
12.1.1 Huawei Company Information
12.1.2 Huawei Overview
12.1.3 Huawei Solar Grid Connected Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.1.4 Huawei Solar Grid Connected Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 Huawei Recent Developments
12.2 Sungrow Power Supply
12.2.1 Sungrow Power Supply Company Information
12.2.2 Sungrow Power Supply Overview
12.2.3 Sungrow Power Supply Solar Grid Connected Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.2.4 Sungrow Power Supply Solar Grid Connected Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Sungrow Power Supply Recent Developments
12.3 SMA Solar Technology AG
12.3.1 SMA Solar Technology AG Company Information
12.3.2 SMA Solar Technology AG Overview
12.3.3 SMA Solar Technology AG Solar Grid Connected Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.3.4 SMA Solar Technology AG Solar Grid Connected Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 SMA Solar Technology AG Recent Developments
12.4 Power Electronics
12.4.1 Power Electronics Company Information
12.4.2 Power Electronics Overview
12.4.3 Power Electronics Solar Grid Connected Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.4.4 Power Electronics Solar Grid Connected Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 Power Electronics Recent Developments
12.5 FIMER
12.5.1 FIMER Company Information
12.5.2 FIMER Overview
12.5.3 FIMER Solar Grid Connected Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.5.4 FIMER Solar Grid Connected Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 FIMER Recent Developments
12.6 TMEIC
12.6.1 TMEIC Company Information
12.6.2 TMEIC Overview
12.6.3 TMEIC Solar Grid Connected Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.6.4 TMEIC Solar Grid Connected Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 TMEIC Recent Developments
12.7 Ginlong Technologies
12.7.1 Ginlong Technologies Company Information
12.7.2 Ginlong Technologies Overview
12.7.3 Ginlong Technologies Solar Grid Connected Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.7.4 Ginlong Technologies Solar Grid Connected Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 Ginlong Technologies Recent Developments
12.8 Growatt New Energy
12.8.1 Growatt New Energy Company Information
12.8.2 Growatt New Energy Overview
12.8.3 Growatt New Energy Solar Grid Connected Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.8.4 Growatt New Energy Solar Grid Connected Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 Growatt New Energy Recent Developments
12.9 SolarEdge Technologies
12.9.1 SolarEdge Technologies Company Information
12.9.2 SolarEdge Technologies Overview
12.9.3 SolarEdge Technologies Solar Grid Connected Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.9.4 SolarEdge Technologies Solar Grid Connected Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 SolarEdge Technologies Recent Developments
12.10 Sineng Electric
12.10.1 Sineng Electric Company Information
12.10.2 Sineng Electric Overview
12.10.3 Sineng Electric Solar Grid Connected Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.10.4 Sineng Electric Solar Grid Connected Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.10.5 Sineng Electric Recent Developments
12.11 ABB
12.11.1 ABB Company Information
12.11.2 ABB Overview
12.11.3 ABB Solar Grid Connected Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.11.4 ABB Solar Grid Connected Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.11.5 ABB Recent Developments
12.12 Dasstech
12.12.1 Dasstech Company Information
12.12.2 Dasstech Overview
12.12.3 Dasstech Solar Grid Connected Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.12.4 Dasstech Solar Grid Connected Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.12.5 Dasstech Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 Solar Grid Connected Inverter Industry Chain Analysis
13.2 Solar Grid Connected Inverter Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Solar Grid Connected Inverter Production Mode & Process
13.4 Solar Grid Connected Inverter Sales and Marketing
13.4.1 Solar Grid Connected Inverter Sales Channels
13.4.2 Solar Grid Connected Inverter Distributors
13.5 Solar Grid Connected Inverter Customers
14 Solar Grid Connected Inverter Market Dynamics
14.1 Solar Grid Connected Inverter Industry Trends
14.2 Solar Grid Connected Inverter Market Drivers
14.3 Solar Grid Connected Inverter Market Challenges
14.4 Solar Grid Connected Inverter Market Restraints
15 Key Finding in The Global Solar Grid Connected Inverter Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 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
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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