Industry: Electronics & Semiconductor
Published Date: 2025-01-01
Pages: 108 Pages
Report ld: 3447755
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The global market for Solar On Grid Inverter was valued at US$ 10290 million in the year 2024 and is projected to reach a revised size of US$ 17620 million by 2031, growing at a CAGR of 8.1% during the forecast period.
Solar On Grid Inverter converts solar power DC which is constantly varying and feed it into the mains power supply.
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, 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.
The Solar On Grid Inverter market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Solar On Grid 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 Solar On Grid 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.
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 Solar On Grid Inverter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Solar On Grid 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 Solar On Grid 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.
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 Solar On Grid Inverter Market Overview
1.1 Product Definition
1.2 Solar On Grid Inverter by Type
1.2.1 Global Solar On Grid Inverter Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Micro
1.2.3 String
1.2.4 Central
1.3 Solar On Grid Inverter by Application
1.3.1 Global Solar On Grid Inverter Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Residential
1.3.3 Commercial
1.3.4 Industrial
1.3.5 Utilities
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Solar On Grid Inverter Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Solar On Grid Inverter Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Solar On Grid Inverter Production Estimates and Forecasts (2020-2031)
1.4.4 Global Solar On Grid Inverter Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Solar On Grid Inverter Production Market Share by Manufacturers (2020-2025)
2.2 Global Solar On Grid Inverter Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Solar On Grid Inverter, Industry Ranking, 2023 VS 2024
2.4 Global Solar On Grid Inverter Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Solar On Grid Inverter Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Solar On Grid Inverter, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Solar On Grid Inverter, Product Offered and Application
2.8 Global Key Manufacturers of Solar On Grid Inverter, Date of Enter into This Industry
2.9 Solar On Grid Inverter Market Competitive Situation and Trends
2.9.1 Solar On Grid Inverter Market Concentration Rate
2.9.2 Global 5 and 10 Largest Solar On Grid Inverter Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Solar On Grid Inverter Production by Region
3.1 Global Solar On Grid Inverter Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Solar On Grid Inverter Production Value by Region (2020-2031)
3.2.1 Global Solar On Grid Inverter Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Solar On Grid Inverter by Region (2026-2031)
3.3 Global Solar On Grid Inverter Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Solar On Grid Inverter Production Volume by Region (2020-2031)
3.4.1 Global Solar On Grid Inverter Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Solar On Grid Inverter by Region (2026-2031)
3.5 Global Solar On Grid Inverter Market Price Analysis by Region (2020-2025)
3.6 Global Solar On Grid Inverter Production and Value, Year-over-Year Growth
3.6.1 North America Solar On Grid Inverter Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Solar On Grid Inverter Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Solar On Grid Inverter Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Solar On Grid Inverter Production Value Estimates and Forecasts (2020-2031)
3.6.5 South Korea Solar On Grid Inverter Production Value Estimates and Forecasts (2020-2031)
4 Solar On Grid Inverter Consumption by Region
4.1 Global Solar On Grid Inverter Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Solar On Grid Inverter Consumption by Region (2020-2031)
4.2.1 Global Solar On Grid Inverter Consumption by Region (2020-2025)
4.2.2 Global Solar On Grid Inverter Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Solar On Grid Inverter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Solar On Grid Inverter Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Solar On Grid Inverter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Solar On Grid Inverter Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Solar On Grid Inverter Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Solar On Grid Inverter Consumption by Region (2020-2031)
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 Solar On Grid Inverter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Solar On Grid Inverter Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Israel
5 Segment by Type
5.1 Global Solar On Grid Inverter Production by Type (2020-2031)
5.1.1 Global Solar On Grid Inverter Production by Type (2020-2025)
5.1.2 Global Solar On Grid Inverter Production by Type (2026-2031)
5.1.3 Global Solar On Grid Inverter Production Market Share by Type (2020-2031)
5.2 Global Solar On Grid Inverter Production Value by Type (2020-2031)
5.2.1 Global Solar On Grid Inverter Production Value by Type (2020-2025)
5.2.2 Global Solar On Grid Inverter Production Value by Type (2026-2031)
5.2.3 Global Solar On Grid Inverter Production Value Market Share by Type (2020-2031)
5.3 Global Solar On Grid Inverter Price by Type (2020-2031)
6 Segment by Application
6.1 Global Solar On Grid Inverter Production by Application (2020-2031)
6.1.1 Global Solar On Grid Inverter Production by Application (2020-2025)
6.1.2 Global Solar On Grid Inverter Production by Application (2026-2031)
6.1.3 Global Solar On Grid Inverter Production Market Share by Application (2020-2031)
6.2 Global Solar On Grid Inverter Production Value by Application (2020-2031)
6.2.1 Global Solar On Grid Inverter Production Value by Application (2020-2025)
6.2.2 Global Solar On Grid Inverter Production Value by Application (2026-2031)
6.2.3 Global Solar On Grid Inverter Production Value Market Share by Application (2020-2031)
6.3 Global Solar On Grid Inverter Price by Application (2020-2031)
7 Key Companies Profiled
7.1 SMA Solar Technology
7.1.1 SMA Solar Technology Solar On Grid Inverter Company Information
7.1.2 SMA Solar Technology Solar On Grid Inverter Product Portfolio
7.1.3 SMA Solar Technology Solar On Grid Inverter Production, Value, Price and Gross Margin (2020-2025)
7.1.4 SMA Solar Technology Main Business and Markets Served
7.1.5 SMA Solar Technology Recent Developments/Updates
7.2 GoodWe
7.2.1 GoodWe Solar On Grid Inverter Company Information
7.2.2 GoodWe Solar On Grid Inverter Product Portfolio
7.2.3 GoodWe Solar On Grid Inverter Production, Value, Price and Gross Margin (2020-2025)
7.2.4 GoodWe Main Business and Markets Served
7.2.5 GoodWe Recent Developments/Updates
7.3 ABB
7.3.1 ABB Solar On Grid Inverter Company Information
7.3.2 ABB Solar On Grid Inverter Product Portfolio
7.3.3 ABB Solar On Grid Inverter Production, Value, Price and Gross Margin (2020-2025)
7.3.4 ABB Main Business and Markets Served
7.3.5 ABB Recent Developments/Updates
7.4 Delta Electronics India
7.4.1 Delta Electronics India Solar On Grid Inverter Company Information
7.4.2 Delta Electronics India Solar On Grid Inverter Product Portfolio
7.4.3 Delta Electronics India Solar On Grid Inverter Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Delta Electronics India Main Business and Markets Served
7.4.5 Delta Electronics India Recent Developments/Updates
7.5 TMEIC
7.5.1 TMEIC Solar On Grid Inverter Company Information
7.5.2 TMEIC Solar On Grid Inverter Product Portfolio
7.5.3 TMEIC Solar On Grid Inverter Production, Value, Price and Gross Margin (2020-2025)
7.5.4 TMEIC Main Business and Markets Served
7.5.5 TMEIC Recent Developments/Updates
7.6 Fronius
7.6.1 Fronius Solar On Grid Inverter Company Information
7.6.2 Fronius Solar On Grid Inverter Product Portfolio
7.6.3 Fronius Solar On Grid Inverter Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Fronius Main Business and Markets Served
7.6.5 Fronius Recent Developments/Updates
7.7 Sofar
7.7.1 Sofar Solar On Grid Inverter Company Information
7.7.2 Sofar Solar On Grid Inverter Product Portfolio
7.7.3 Sofar Solar On Grid Inverter Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Sofar Main Business and Markets Served
7.7.5 Sofar Recent Developments/Updates
7.8 Sungrow
7.8.1 Sungrow Solar On Grid Inverter Company Information
7.8.2 Sungrow Solar On Grid Inverter Product Portfolio
7.8.3 Sungrow Solar On Grid Inverter Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Sungrow Main Business and Markets Served
7.8.5 Sungrow Recent Developments/Updates
7.9 Huawei
7.9.1 Huawei Solar On Grid Inverter Company Information
7.9.2 Huawei Solar On Grid Inverter Product Portfolio
7.9.3 Huawei Solar On Grid Inverter Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Huawei Main Business and Markets Served
7.9.5 Huawei Recent Developments/Updates
7.10 Morningstar
7.10.1 Morningstar Solar On Grid Inverter Company Information
7.10.2 Morningstar Solar On Grid Inverter Product Portfolio
7.10.3 Morningstar Solar On Grid Inverter Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Morningstar Main Business and Markets Served
7.10.5 Morningstar Recent Developments/Updates
7.11 Luminous
7.11.1 Luminous Solar On Grid Inverter Company Information
7.11.2 Luminous Solar On Grid Inverter Product Portfolio
7.11.3 Luminous Solar On Grid Inverter Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Luminous Main Business and Markets Served
7.11.5 Luminous Recent Developments/Updates
7.12 Su-Kam Power Systems
7.12.1 Su-Kam Power Systems Solar On Grid Inverter Company Information
7.12.2 Su-Kam Power Systems Solar On Grid Inverter Product Portfolio
7.12.3 Su-Kam Power Systems Solar On Grid Inverter Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Su-Kam Power Systems Main Business and Markets Served
7.12.5 Su-Kam Power Systems Recent Developments/Updates
7.13 Sol-Ark
7.13.1 Sol-Ark Solar On Grid Inverter Company Information
7.13.2 Sol-Ark Solar On Grid Inverter Product Portfolio
7.13.3 Sol-Ark Solar On Grid Inverter Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Sol-Ark Main Business and Markets Served
7.13.5 Sol-Ark Recent Developments/Updates
7.14 Enphase
7.14.1 Enphase Solar On Grid Inverter Company Information
7.14.2 Enphase Solar On Grid Inverter Product Portfolio
7.14.3 Enphase Solar On Grid Inverter Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Enphase Main Business and Markets Served
7.14.5 Enphase Recent Developments/Updates
7.15 Outback Power
7.15.1 Outback Power Solar On Grid Inverter Company Information
7.15.2 Outback Power Solar On Grid Inverter Product Portfolio
7.15.3 Outback Power Solar On Grid Inverter Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Outback Power Main Business and Markets Served
7.15.5 Outback Power Recent Developments/Updates
7.16 Ginlong
7.16.1 Ginlong Solar On Grid Inverter Company Information
7.16.2 Ginlong Solar On Grid Inverter Product Portfolio
7.16.3 Ginlong Solar On Grid Inverter Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Ginlong Main Business and Markets Served
7.16.5 Ginlong Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Solar On Grid Inverter Industry Chain Analysis
8.2 Solar On Grid Inverter Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Solar On Grid Inverter Production Mode & Process Analysis
8.4 Solar On Grid Inverter Sales and Marketing
8.4.1 Solar On Grid Inverter Sales Channels
8.4.2 Solar On Grid Inverter Distributors
8.5 Solar On Grid Inverter Customer Analysis
9 Solar On Grid Inverter Market Dynamics
9.1 Solar On Grid Inverter Industry Trends
9.2 Solar On Grid Inverter Market Drivers
9.3 Solar On Grid Inverter Market Challenges
9.4 Solar On Grid Inverter Market Restraints
10 Research Findings 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
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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