Industry: Electronics & Semiconductor
Published Date: 2026-06-16
Pages: 149 Pages
Report ld: 6734198
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Solar On Grid Inverter Market Size(US$)

CAGR 2026-2032
8.1%
Market Size,2032
USD 20,280
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Solar On Grid Inverter was estimated to be worth US$ 11850 million in 2025 and is projected to reach US$ 20280 million, growing at a CAGR of 8.1% from 2026 to 2032.
The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Solar On Grid Inverter cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
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.
This report provides a comprehensive view of the global market for Solar On Grid Inverter, covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Solar On Grid Inverter market size, estimations, and forecasts are presented in terms of sales volume (K Units) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Solar On Grid Inverter.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the Solar On Grid Inverter manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Solar On Grid Inverter sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Solar On Grid Inverter sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
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 (2021–2032)
1.2.2 Global Solar On Grid Inverter Sales Volume (2021–2032)
1.2.3 Global Solar On Grid Inverter Sales Price (2021–2032)
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 & Opportunities
1.3.3 Solar On Grid Inverter Market Challenges
1.3.4 Solar On Grid Inverter Market Restraints
1.3.5 Impact of U.S. Tariffs
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 (2025)
2.2 Global Solar On Grid Inverter Revenue by Company (2021–2026)
2.3 Global Solar On Grid Inverter Sales Volume Ranking of Players (2025)
2.4 Global Solar On Grid Inverter Sales Volume by Company (2021–2026)
2.5 Global Solar On Grid Inverter Average Price by Company (2021–2026)
2.6 Key Manufacturers Solar On Grid Inverter Manufacturing Base and Headquarters
2.7 Key Manufacturers Solar On Grid Inverter Product Offerings
2.8 Key Manufacturers Start of 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 (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by Solar On Grid Inverter Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Solar On Grid Inverter revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation Solar On Grid Inverter Market Classification
3.1 Introduction by Type
3.1.1 Micro
3.1.2 String
3.1.3 Central
3.1.4 Global Solar On Grid Inverter Sales Value by Type
3.1.4.1 Global Solar On Grid Inverter Sales Value by Type (2021 vs 2025 vs 2032)
3.1.4.2 Global Solar On Grid Inverter Sales Value, by Type (2021–2032)
3.1.4.3 Global Solar On Grid Inverter Sales Value, by Type (%), 2021–2032
3.1.5 Global Solar On Grid Inverter Sales Volume by Type
3.1.5.1 Global Solar On Grid Inverter Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.5.2 Global Solar On Grid Inverter Sales Volume, by Type (2021–2032)
3.1.5.3 Global Solar On Grid Inverter Sales Volume, by Type (%), 2021–2032
3.1.6 Global Solar On Grid Inverter Average Price by Type (2021–2032)
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 (2021 vs 2025 vs 2032)
4.2.2 Global Solar On Grid Inverter Sales Value, by Application (2021–2032)
4.2.3 Global Solar On Grid Inverter Sales Value, by Application (%), 2021–2032
4.3 Global Solar On Grid Inverter Sales Volume by Application
4.3.1 Global Solar On Grid Inverter Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global Solar On Grid Inverter Sales Volume, by Application (2021–2032)
4.3.3 Global Solar On Grid Inverter Sales Volume, by Application (%), 2021–2032
4.4 Global Solar On Grid Inverter Average Price by Application (2021–2032)
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: 2021 vs 2025 vs 2032
5.1.2 Global Solar On Grid Inverter Sales Value by Region (2021–2026)
5.1.3 Global Solar On Grid Inverter Sales Value by Region (2027–2032)
5.1.4 Global Solar On Grid Inverter Sales Value by Region (%), 2021–2032
5.2 Global Solar On Grid Inverter Sales Volume by Region
5.2.1 Global Solar On Grid Inverter Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global Solar On Grid Inverter Sales Volume by Region (2021–2026)
5.2.3 Global Solar On Grid Inverter Sales Volume by Region (2027–2032)
5.2.4 Global Solar On Grid Inverter Sales Volume by Region (%), 2021–2032
5.3 Global Solar On Grid Inverter Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America Solar On Grid Inverter Sales Value, 2021–2032
5.4.2 North America Solar On Grid Inverter Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe Solar On Grid Inverter Sales Value, 2021–2032
5.5.2 Europe Solar On Grid Inverter Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific Solar On Grid Inverter Sales Value, 2021–2032
5.6.2 Asia Pacific Solar On Grid Inverter Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America Solar On Grid Inverter Sales Value, 2021–2032
5.7.2 South America Solar On Grid Inverter Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa Solar On Grid Inverter Sales Value, 2021–2032
5.8.2 Middle East & Africa Solar On Grid Inverter Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Solar On Grid Inverter Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Solar On Grid Inverter Sales Value and Sales Volume
6.2.1 Key Countries/Regions Solar On Grid Inverter Sales Value, 2021–2032
6.2.2 Key Countries/Regions Solar On Grid Inverter Sales Volume, 2021–2032
6.3 United States
6.3.1 United States Solar On Grid Inverter Sales Value, 2021–2032
6.3.2 United States Solar On Grid Inverter Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Solar On Grid Inverter Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Solar On Grid Inverter Sales Value, 2021–2032
6.4.2 Europe Solar On Grid Inverter Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Solar On Grid Inverter Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Solar On Grid Inverter Sales Value, 2021–2032
6.5.2 China Solar On Grid Inverter Sales Value by Type (%), 2025 vs 2032
6.5.3 China Solar On Grid Inverter Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Solar On Grid Inverter Sales Value, 2021–2032
6.6.2 Japan Solar On Grid Inverter Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Solar On Grid Inverter Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Solar On Grid Inverter Sales Value, 2021–2032
6.7.2 South Korea Solar On Grid Inverter Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Solar On Grid Inverter Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Solar On Grid Inverter Sales Value, 2021–2032
6.8.2 Southeast Asia Solar On Grid Inverter Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Solar On Grid Inverter Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Solar On Grid Inverter Sales Value, 2021–2032
6.9.2 India Solar On Grid Inverter Sales Value by Type (%), 2025 vs 2032
6.9.3 India Solar On Grid Inverter Sales Value by Application, 2025 vs 2032
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, Price and Gross Margin (2021–2026)
7.1.4 SMA Solar Technology Solar On Grid Inverter Product Offerings
7.1.5 SMA Solar Technology Recent Developments
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, Price and Gross Margin (2021–2026)
7.2.4 GoodWe Solar On Grid Inverter Product Offerings
7.2.5 GoodWe Recent Developments
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, Price and Gross Margin (2021–2026)
7.3.4 ABB Solar On Grid Inverter Product Offerings
7.3.5 ABB Recent Developments
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, Price and Gross Margin (2021–2026)
7.4.4 Delta Electronics India Solar On Grid Inverter Product Offerings
7.4.5 Delta Electronics India Recent Developments
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, Price and Gross Margin (2021–2026)
7.5.4 TMEIC Solar On Grid Inverter Product Offerings
7.5.5 TMEIC Recent Developments
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, Price and Gross Margin (2021–2026)
7.6.4 Fronius Solar On Grid Inverter Product Offerings
7.6.5 Fronius Recent Developments
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, Price and Gross Margin (2021–2026)
7.7.4 Sofar Solar On Grid Inverter Product Offerings
7.7.5 Sofar Recent Developments
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, Price and Gross Margin (2021–2026)
7.8.4 Sungrow Solar On Grid Inverter Product Offerings
7.8.5 Sungrow Recent Developments
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, Price and Gross Margin (2021–2026)
7.9.4 Huawei Solar On Grid Inverter Product Offerings
7.9.5 Huawei Recent Developments
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, Price and Gross Margin (2021–2026)
7.10.4 Morningstar Solar On Grid Inverter Product Offerings
7.10.5 Morningstar Recent Developments
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, Price and Gross Margin (2021–2026)
7.11.4 Luminous Solar On Grid Inverter Product Offerings
7.11.5 Luminous Recent Developments
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, Price and Gross Margin (2021–2026)
7.12.4 Su-Kam Power Systems Solar On Grid Inverter Product Offerings
7.12.5 Su-Kam Power Systems Recent Developments
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, Price and Gross Margin (2021–2026)
7.13.4 Sol-Ark Solar On Grid Inverter Product Offerings
7.13.5 Sol-Ark Recent Developments
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, Price and Gross Margin (2021–2026)
7.14.4 Enphase Solar On Grid Inverter Product Offerings
7.14.5 Enphase Recent Developments
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, Price and Gross Margin (2021–2026)
7.15.4 Outback Power Solar On Grid Inverter Product Offerings
7.15.5 Outback Power Recent Developments
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, Price and Gross Margin (2021–2026)
7.16.4 Ginlong Solar On Grid Inverter Product Offerings
7.16.5 Ginlong Recent Developments
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 Key Suppliers of Raw Materials
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customer Analysis)
8.5 Sales Model and Sales Channelss
8.5.1 Solar On Grid Inverter Sales Model
8.5.2 Sales Channels
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
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
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
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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