PVインバータの世界市場規模、シェア、産業動向分析レポート：製品別、最終用途別、地域別展望と予測、2023年～2030年

PVインバータ市場規模は、予測期間中にCAGR 18.2％で成長し、2030年には405億米ドルに達すると予測されます。2022年の市場規模は605万2,500台、18.3%（2019-2022年）の成長を遂げています。

KBV Cardinalの分析によると、PVインバータ市場では日立製作所が先行しています。2023年10月、日立製作所の子会社である日立エネルギーは、パワーエレクトロニクスとエネルギー管理システムの専門メーカーであるエクスペリエンス・ナレッジ・ストラテジーSL（EKS）の買収を完了しました。今回の出資は、eksエナジーの株式を保有するパウインとの戦略的パートナーシップの締結を意味します。この提携は、eksエナジー社のパワーエレクトロニクスと高度制御に関する専門知識と、日立エナジー社の包括的なオートメーション、ソフトウェア、システムインテグレーション能力を融合させるものです。この戦略的提携により、日立エネルギーは、再生可能エネルギーおよび蓄電池システム（BESS）市場におけるリーディング・テクノロジー・プロバイダーとしての地位をさらに強固なものとします。

Eaton Corporation PLC、Delta Electronics, Inc.、Fimer Groupなどの企業は、PVインバータ市場における主要なイノベーターです。

市場成長要因

クリーンエネルギーによる電力ニーズの高まり

クリーンエネルギーへのニーズの高まりにより、世界中で太陽光発電設備が大幅に増加しています。太陽光発電パネルを通じて利用される太陽光発電は、クリーン・エネルギー・ミックスの主要なサポーターの1つです。太陽光発電設備の増加に伴い、太陽光の直流電力を使用可能な交流電力に変換するために不可欠なPVインバータの需要が高まっています。世界各国の政府は、太陽光発電プロジェクトに有利な政策、インセンティブ、補助金を実施することで、クリーンエネルギーへの移行を支援しています。これらのイニシアチブは、太陽光発電を含む再生可能エネルギー技術の展開を加速することを目的としています。多くの場合、太陽光発電設備に対する財政的インセンティブは、PVインバータの需要に直接影響します。

再生可能エネルギー発電コストの削減

太陽光発電のコストが大幅に削減されれば、幅広い消費者にとって太陽光発電設備がより手頃なものになります。PVインバータに関連するコストを含め、太陽光発電プロジェクトの全体的なコストが下がれば、個人、企業、政府にとって、太陽光エネルギーソリューションに投資するインセンティブが高まります。再生可能エネルギー発電、特に太陽光発電のコストが下がれば、世界規模で太陽光発電の導入が加速します。政府、企業、家庭は、太陽光発電プロジェクトの経済性が向上するにつれて、太陽光発電設備に投資しやすくなります。このような導入の急増は、PVインバータの需要増に直結します。このような競争は、しばしば技術革新、費用対効果の高いソリューション、幅広い製品提供につながります。したがって、再生可能エネルギー発電コストの削減は、特に太陽光発電セクターにおいて、市場に変革的な影響を与えます。

市場抑制要因

蓄電の統合とエネルギー管理

エネルギー貯蔵システムをPVインバータと統合すると、太陽光発電設備に初期コストがかかります。エネルギー貯蔵ソリューションと競合要因となるインバータの購入と設置は、特にコスト競争力が重要な要素である市場では困難です。エネルギー貯蔵を統合した太陽光発電システムの設計・エンジニアリングには、PV技術とエネルギー貯蔵ソリューションに対する深い理解が必要です。この複雑さは設置業者やシステム設計者に課題をもたらし、正しく実行されなければエラーや非効率につながる可能性があります。また、この分野で十分な訓練を受けた人材が不足しているため、統合システムのシームレスな展開やメンテナンスが制限される可能性もあります。上記の要因により、今後数年間は市場の成長が妨げられると思われます。

製品の展望

市場は製品別に、ストリングPVインバータ、セントラルPVインバータ、マイクロPVインバータ、その他に区分されます。マイクロPVインバータは2022年のPVインバータ市場で大きな収益シェアを獲得しました。モジュールレベルのエレクトロニクス（マイクロPVインバータ）は商業・産業分野で大きな支持を得ています。信頼性の高さ、最大電力点追従（MPPT）による効率と性能の向上、設置の容易さ、空間的制約のなさ、費用対効果の高さなどが、こうしたインバータの利点です。マイクロインバータは、多くの場合、さまざまなソーラーパネルの種類やブランドと互換性があるように設計されています。この柔軟性により、システム・オーナーは、インバータの互換性問題に制約されることなく、特定のニーズに最も適したパネルを選択することができます。

最終用途の展望

最終用途に基づき、市場は商業・工業用、ユーティリティ用、住宅用に細分化されます。住宅用セグメントは2022年の市場で大きな収益シェアを獲得しました。電化のための太陽光再生可能エネルギーに対する消費者の需要が高まっているためです。再生可能エネルギーによる自家発電（住宅用など）は、各国の政府が政策や財政的インセンティブを実施することで積極的に奨励しています。ソーラー・インバータの著名なメーカーであるSolaX Powerは、2023年4月にX1-Hybrid LVを発表しました。この画期的な単相低電圧ハイブリッド・インバータは、住宅専用です。低電圧太陽光発電（PV）システム向けに、この新しいインバータは高効率で作動するように設計されています。

地域別展望

地域別に見ると、市場は北米、欧州、アジア太平洋、LAMEAで分析されます。2022年には、アジア太平洋地域が市場で最も高い収益シェアを記録しました。中国は重要な世界的競争相手であり、この地域のソーラー市場急拡大の最大の貢献者です。新興諸国におけるソーラー設置産業の開拓が、この地域の市場を大きく成長させています。アジア太平洋地域の新興国は有利な太陽光条件を有しており、太陽光発電インバータと太陽光発電設備の実質的な市場として浮上しています。太陽光を含む再生可能エネルギーの採用を増やすための厳しい環境規制は、ビジネスシナリオを拡大すると思われます。

目次

第1章 市場範囲と調査手法

• 市場の定義
• 目的
• 市場範囲
• セグメンテーション
• 調査手法

第2章 市場要覧

• 主なハイライト

第3章 市場概要

• イントロダクション
  • 概要
    • 市場構成とシナリオ
• 市場に影響を与える主な要因
  • 市場促進要因
  • 市場抑制要因

第4章 競合分析- 世界

• KBV Cardinal Matrix
• 最近の業界全体の戦略的展開
  • パートナーシップ、コラボレーション、および契約
  • 製品の発売と製品の拡張
  • 合併と買収
  • 地理的拡大
• 主要成功戦略
  • 主な戦略
• ポーターのファイブフォース分析

第5章 世界市場：製品別

• 世界のストリングPVインバータ市場：地域別
• 世界のセントラルPVインバータ市場：地域別
• 世界のマイクロPVインバータ市場：地域別
• 世界のその他のPVインバータ市場：地域別

第6章 世界市場：最終用途別

• 世界のユーティリティ市場：地域別
• 世界の商業および産業市場：地域別
• 世界の住宅市場：地域別

第7章 世界市場：地域別

• 北米
• 欧州
• アジア太平洋
• ラテンアメリカ・中東・アフリカ

第8章 企業プロファイル

• Delta Electronics, Inc
• Eaton Corporation PLC
• Emerson Electric Co
• Fimer Group
• Hitachi, Ltd（Hitachi Hi-Rel Power Electronics Private Limited）
• Omron Corporation
• Power Electronics Espana, SL.U（Advanced Energy Industries, Inc.）
• Siemens Energy AG
• SMA Solar Technology AG
• SunPower Corporation（Infineon Technologies AG）

第9章 市場の成功必須条件

LIST OF TABLES

• TABLE 1 Global PV Inverter Market, 2019 - 2022, USD Million
• TABLE 2 Global PV Inverter Market, 2023 - 2030, USD Million
• TABLE 3 Global PV Inverter Market, 2019 - 2022, Thousand Units
• TABLE 4 Global PV Inverter Market, 2023 - 2030, Thousand Units
• TABLE 5 Partnerships, Collaborations and Agreements- PV InverterMarket
• TABLE 6 Product Launch And Product Expansions- PV InverterMarket
• TABLE 7 Mergers & Acquisition- PV InverterMarket
• TABLE 8 Geographical Expansions- PV InverterMarket
• TABLE 9 Global PV Inverter Market, by Product, 2019 - 2022, USD Million
• TABLE 10 Global PV Inverter Market, by Product, 2023 - 2030, USD Million
• TABLE 11 Global PV Inverter Market, by Product, 2019 - 2022, Thousand Units
• TABLE 12 Global PV Inverter Market, by Product, 2023 - 2030, Thousand Units
• TABLE 13 Global String PV Inverter Market, by Region, 2019 - 2022, USD Million
• TABLE 14 Global String PV Inverter Market, by Region, 2023 - 2030, USD Million
• TABLE 15 Global String PV Inverter Market, by Region, 2019 - 2022, Thousand Units
• TABLE 16 Global String PV Inverter Market, by Region, 2023 - 2030, Thousand Units
• TABLE 17 Global Central PV Inverter Market, by Region, 2019 - 2022, USD Million
• TABLE 18 Global Central PV Inverter Market, by Region, 2023 - 2030, USD Million
• TABLE 19 Global Central PV Inverter Market, by Region, 2019 - 2022, Thousand Units
• TABLE 20 Global Central PV Inverter Market, by Region, 2023 - 2030, Thousand Units
• TABLE 21 Global Micro PV Inverter Market, by Region, 2019 - 2022, USD Million
• TABLE 22 Global Micro PV Inverter Market, by Region, 2023 - 2030, USD Million
• TABLE 23 Global Micro PV Inverter Market, by Region, 2019 - 2022, Thousand Units
• TABLE 24 Global Micro PV Inverter Market, by Region, 2023 - 2030, Thousand Units
• TABLE 25 Global Other PV Inverter Market, by Region, 2019 - 2022, USD Million
• TABLE 26 Global Other PV Inverter Market, by Region, 2023 - 2030, USD Million
• TABLE 27 Global Other PV Inverter Market, by Region, 2019 - 2022, Thousand Units
• TABLE 28 Global Other PV Inverter Market, by Region, 2023 - 2030, Thousand Units
• TABLE 29 Global PV Inverter Market, by End-use, 2019 - 2022, USD Million
• TABLE 30 Global PV Inverter Market, by End-use, 2023 - 2030, USD Million
• TABLE 31 Global PV Inverter Market, by End-use, 2019 - 2022, Thousand Units
• TABLE 32 Global PV Inverter Market, by End-use, 2023 - 2030, Thousand Units
• TABLE 33 Global Utilities Market, by Region, 2019 - 2022, USD Million
• TABLE 34 Global Utilities Market, by Region, 2023 - 2030, USD Million
• TABLE 35 Global Utilities Market, by Region, 2019 - 2022, Thousand Units
• TABLE 36 Global Utilities Market, by Region, 2023 - 2030, Thousand Units
• TABLE 37 Global Commercial & Industrial Market, by Region, 2019 - 2022, USD Million
• TABLE 38 Global Commercial & Industrial Market, by Region, 2023 - 2030, USD Million
• TABLE 39 Global Commercial & Industrial Market, by Region, 2019 - 2022, Thousand Units
• TABLE 40 Global Commercial & Industrial Market, by Region, 2023 - 2030, Thousand Units
• TABLE 41 Global Residential Market, by Region, 2019 - 2022, USD Million
• TABLE 42 Global Residential Market, by Region, 2023 - 2030, USD Million
• TABLE 43 Global Residential Market, by Region, 2019 - 2022, Thousand Units
• TABLE 44 Global Residential Market, by Region, 2023 - 2030, Thousand Units
• TABLE 45 Global PV Inverter Market, by Region, 2019 - 2022, USD Million
• TABLE 46 Global PV Inverter Market, by Region, 2023 - 2030, USD Million
• TABLE 47 Global PV Inverter Market, by Region, 2019 - 2022, Thousand Units
• TABLE 48 Global PV Inverter Market, by Region, 2023 - 2030, Thousand Units
• TABLE 49 North America PV Inverter Market, 2019 - 2022, USD Million
• TABLE 50 North America PV Inverter Market, 2023 - 2030, USD Million
• TABLE 51 North America PV Inverter Market, 2019 - 2022, Thousand Units
• TABLE 52 North America PV Inverter Market, 2023 - 2030, Thousand Units
• TABLE 53 North America PV Inverter Market, by Product, 2019 - 2022, USD Million
• TABLE 54 North America PV Inverter Market, by Product, 2023 - 2030, USD Million
• TABLE 55 North America PV Inverter Market, by Product, 2019 - 2022, Thousand Units
• TABLE 56 North America PV Inverter Market, by Product, 2023 - 2030, Thousand Units
• TABLE 57 North America String PV Inverter Market, by Country, 2019 - 2022, USD Million
• TABLE 58 North America String PV Inverter Market, by Country, 2023 - 2030, USD Million
• TABLE 59 North America String PV Inverter Market, by Country, 2019 - 2022, Thousand Units
• TABLE 60 North America String PV Inverter Market, by Country, 2023 - 2030, Thousand Units
• TABLE 61 North America Central PV Inverter Market, by Country, 2019 - 2022, USD Million
• TABLE 62 North America Central PV Inverter Market, by Country, 2023 - 2030, USD Million
• TABLE 63 North America Central PV Inverter Market, by Country, 2019 - 2022, Thousand Units
• TABLE 64 North America Central PV Inverter Market, by Country, 2023 - 2030, Thousand Units
• TABLE 65 North America Micro PV Inverter Market, by Country, 2019 - 2022, USD Million
• TABLE 66 North America Micro PV Inverter Market, by Country, 2023 - 2030, USD Million
• TABLE 67 North America Micro PV Inverter Market, by Country, 2019 - 2022, Thousand Units
• TABLE 68 North America Micro PV Inverter Market, by Country, 2023 - 2030, Thousand Units
• TABLE 69 North America Other PV Inverter Market, by Country, 2019 - 2022, USD Million
• TABLE 70 North America Other PV Inverter Market, by Country, 2023 - 2030, USD Million
• TABLE 71 North America Other PV Inverter Market, by Country, 2019 - 2022, Thousand Units
• TABLE 72 North America Other PV Inverter Market, by Country, 2023 - 2030, Thousand Units
• TABLE 73 North America PV Inverter Market, by End-use, 2019 - 2022, USD Million
• TABLE 74 North America PV Inverter Market, by End-use, 2023 - 2030, USD Million
• TABLE 75 North America PV Inverter Market, by End-use, 2019 - 2022, Thousand Units
• TABLE 76 North America PV Inverter Market, by End-use, 2023 - 2030, Thousand Units
• TABLE 77 North America Utilities Market, by Country, 2019 - 2022, USD Million
• TABLE 78 North America Utilities Market, by Country, 2023 - 2030, USD Million
• TABLE 79 North America Utilities Market, by Country, 2019 - 2022, Thousand Units
• TABLE 80 North America Utilities Market, by Country, 2023 - 2030, Thousand Units
• TABLE 81 North America Commercial & Industrial Market, by Country, 2019 - 2022, USD Million
• TABLE 82 North America Commercial & Industrial Market, by Country, 2023 - 2030, USD Million
• TABLE 83 North America Commercial & Industrial Market, by Country, 2019 - 2022, Thousand Units
• TABLE 84 North America Commercial & Industrial Market, by Country, 2023 - 2030, Thousand Units
• TABLE 85 North America Residential Market, by Country, 2019 - 2022, USD Million
• TABLE 86 North America Residential Market, by Country, 2023 - 2030, USD Million
• TABLE 87 North America Residential Market, by Country, 2019 - 2022, Thousand Units
• TABLE 88 North America Residential Market, by Country, 2023 - 2030, Thousand Units
• TABLE 89 North America PV Inverter Market, by Country, 2019 - 2022, USD Million
• TABLE 90 North America PV Inverter Market, by Country, 2023 - 2030, USD Million
• TABLE 91 North America PV Inverter Market, by Country, 2019 - 2022, Thousand Units
• TABLE 92 North America PV Inverter Market, by Country, 2023 - 2030, Thousand Units
• TABLE 93 US PV Inverter Market, 2019 - 2022, USD Million
• TABLE 94 US PV Inverter Market, 2023 - 2030, USD Million
• TABLE 95 US PV Inverter Market, 2019 - 2022, Thousand Units
• TABLE 96 US PV Inverter Market, 2023 - 2030, Thousand Units
• TABLE 97 US PV Inverter Market, by Product, 2019 - 2022, USD Million
• TABLE 98 US PV Inverter Market, by Product, 2023 - 2030, USD Million
• TABLE 99 US PV Inverter Market, by Product, 2019 - 2022, Thousand Units
• TABLE 100 US PV Inverter Market, by Product, 2023 - 2030, Thousand Units
• TABLE 101 US PV Inverter Market, by End-use, 2019 - 2022, USD Million
• TABLE 102 US PV Inverter Market, by End-use, 2023 - 2030, USD Million
• TABLE 103 US PV Inverter Market, by End-use, 2019 - 2022, Thousand Units
• TABLE 104 US PV Inverter Market, by End-use, 2023 - 2030, Thousand Units
• TABLE 105 Canada PV Inverter Market, 2019 - 2022, USD Million
• TABLE 106 Canada PV Inverter Market, 2023 - 2030, USD Million
• TABLE 107 Canada PV Inverter Market, 2019 - 2022, Thousand Units
• TABLE 108 Canada PV Inverter Market, 2023 - 2030, Thousand Units
• TABLE 109 Canada PV Inverter Market, by Product, 2019 - 2022, USD Million
• TABLE 110 Canada PV Inverter Market, by Product, 2023 - 2030, USD Million
• TABLE 111 Canada PV Inverter Market, by Product, 2019 - 2022, Thousand Units
• TABLE 112 Canada PV Inverter Market, by Product, 2023 - 2030, Thousand Units
• TABLE 113 Canada PV Inverter Market, by End-use, 2019 - 2022, USD Million
• TABLE 114 Canada PV Inverter Market, by End-use, 2023 - 2030, USD Million
• TABLE 115 Canada PV Inverter Market, by End-use, 2019 - 2022, Thousand Units
• TABLE 116 Canada PV Inverter Market, by End-use, 2023 - 2030, Thousand Units
• TABLE 117 Mexico PV Inverter Market, 2019 - 2022, USD Million
• TABLE 118 Mexico PV Inverter Market, 2023 - 2030, USD Million
• TABLE 119 Mexico PV Inverter Market, 2019 - 2022, Thousand Units
• TABLE 120 Mexico PV Inverter Market, 2023 - 2030, Thousand Units
• TABLE 121 Mexico PV Inverter Market, by Product, 2019 - 2022, USD Million
• TABLE 122 Mexico PV Inverter Market, by Product, 2023 - 2030, USD Million
• TABLE 123 Mexico PV Inverter Market, by Product, 2019 - 2022, Thousand Units
• TABLE 124 Mexico PV Inverter Market, by Product, 2023 - 2030, Thousand Units
• TABLE 125 Mexico PV Inverter Market, by End-use, 2019 - 2022, USD Million
• TABLE 126 Mexico PV Inverter Market, by End-use, 2023 - 2030, USD Million
• TABLE 127 Mexico PV Inverter Market, by End-use, 2019 - 2022, Thousand Units
• TABLE 128 Mexico PV Inverter Market, by End-use, 2023 - 2030, Thousand Units
• TABLE 129 Rest of North America PV Inverter Market, 2019 - 2022, USD Million
• TABLE 130 Rest of North America PV Inverter Market, 2023 - 2030, USD Million
• TABLE 131 Rest of North America PV Inverter Market, 2019 - 2022, Thousand Units
• TABLE 132 Rest of North America PV Inverter Market, 2023 - 2030, Thousand Units
• TABLE 133 Rest of North America PV Inverter Market, by Product, 2019 - 2022, USD Million
• TABLE 134 Rest of North America PV Inverter Market, by Product, 2023 - 2030, USD Million
• TABLE 135 Rest of North America PV Inverter Market, by Product, 2019 - 2022, Thousand Units
• TABLE 136 Rest of North America PV Inverter Market, by Product, 2023 - 2030, Thousand Units
• TABLE 137 Rest of North America PV Inverter Market, by End-use, 2019 - 2022, USD Million
• TABLE 138 Rest of North America PV Inverter Market, by End-use, 2023 - 2030, USD Million
• TABLE 139 Rest of North America PV Inverter Market, by End-use, 2019 - 2022, Thousand Units
• TABLE 140 Rest of North America PV Inverter Market, by End-use, 2023 - 2030, Thousand Units
• TABLE 141 Europe PV Inverter Market, 2019 - 2022, USD Million
• TABLE 142 Europe PV Inverter Market, 2023 - 2030, USD Million
• TABLE 143 Europe PV Inverter Market, 2019 - 2022, Thousand Units
• TABLE 144 Europe PV Inverter Market, 2023 - 2030, Thousand Units
• TABLE 145 Europe PV Inverter Market, by Product, 2019 - 2022, USD Million
• TABLE 146 Europe PV Inverter Market, by Product, 2023 - 2030, USD Million
• TABLE 147 Europe PV Inverter Market, by Product, 2019 - 2022, Thousand Units
• TABLE 148 Europe PV Inverter Market, by Product, 2023 - 2030, Thousand Units
• TABLE 149 Europe String PV Inverter Market, by Country, 2019 - 2022, USD Million
• TABLE 150 Europe String PV Inverter Market, by Country, 2023 - 2030, USD Million
• TABLE 151 Europe String PV Inverter Market, by Country, 2019 - 2022, Thousand Units
• TABLE 152 Europe String PV Inverter Market, by Country, 2023 - 2030, Thousand Units
• TABLE 153 Europe Central PV Inverter Market, by Country, 2019 - 2022, USD Million
• TABLE 154 Europe Central PV Inverter Market, by Country, 2023 - 2030, USD Million
• TABLE 155 Europe Central PV Inverter Market, by Country, 2019 - 2022, Thousand Units
• TABLE 156 Europe Central PV Inverter Market, by Country, 2023 - 2030, Thousand Units
• TABLE 157 Europe Micro PV Inverter Market, by Country, 2019 - 2022, USD Million
• TABLE 158 Europe Micro PV Inverter Market, by Country, 2023 - 2030, USD Million
• TABLE 159 Europe Micro PV Inverter Market, by Country, 2019 - 2022, Thousand Units
• TABLE 160 Europe Micro PV Inverter Market, by Country, 2023 - 2030, Thousand Units
• TABLE 161 Europe Other PV Inverter Market, by Country, 2019 - 2022, USD Million
• TABLE 162 Europe Other PV Inverter Market, by Country, 2023 - 2030, USD Million
• TABLE 163 Europe Other PV Inverter Market, by Country, 2019 - 2022, Thousand Units
• TABLE 164 Europe Other PV Inverter Market, by Country, 2023 - 2030, Thousand Units
• TABLE 165 Europe PV Inverter Market, by End-use, 2019 - 2022, USD Million
• TABLE 166 Europe PV Inverter Market, by End-use, 2023 - 2030, USD Million
• TABLE 167 Europe PV Inverter Market, by End-use, 2019 - 2022, Thousand Units
• TABLE 168 Europe PV Inverter Market, by End-use, 2023 - 2030, Thousand Units
• TABLE 169 Europe Utilities Market, by Country, 2019 - 2022, USD Million
• TABLE 170 Europe Utilities Market, by Country, 2023 - 2030, USD Million
• TABLE 171 Europe Utilities Market, by Country, 2019 - 2022, Thousand Units
• TABLE 172 Europe Utilities Market, by Country, 2023 - 2030, Thousand Units
• TABLE 173 Europe Commercial & Industrial Market, by Country, 2019 - 2022, USD Million
• TABLE 174 Europe Commercial & Industrial Market, by Country, 2023 - 2030, USD Million
• TABLE 175 Europe Commercial & Industrial Market, by Country, 2019 - 2022, Thousand Units
• TABLE 176 Europe Commercial & Industrial Market, by Country, 2023 - 2030, Thousand Units
• TABLE 177 Europe Residential Market, by Country, 2019 - 2022, USD Million
• TABLE 178 Europe Residential Market, by Country, 2023 - 2030, USD Million
• TABLE 179 Europe Residential Market, by Country, 2019 - 2022, Thousand Units
• TABLE 180 Europe Residential Market, by Country, 2023 - 2030, Thousand Units
• TABLE 181 Europe PV Inverter Market, by Country, 2019 - 2022, USD Million
• TABLE 182 Europe PV Inverter Market, by Country, 2023 - 2030, USD Million
• TABLE 183 Europe PV Inverter Market, by Country, 2019 - 2022, Thousand Units
• TABLE 184 Europe PV Inverter Market, by Country, 2023 - 2030, Thousand Units
• TABLE 185 Germany PV Inverter Market, 2019 - 2022, USD Million
• TABLE 186 Germany PV Inverter Market, 2023 - 2030, USD Million
• TABLE 187 Germany PV Inverter Market, 2019 - 2022, Thousand Units
• TABLE 188 Germany PV Inverter Market, 2023 - 2030, Thousand Units
• TABLE 189 Germany PV Inverter Market, by Product, 2019 - 2022, USD Million
• TABLE 190 Germany PV Inverter Market, by Product, 2023 - 2030, USD Million
• TABLE 191 Germany PV Inverter Market, by Product, 2019 - 2022, Thousand Units
• TABLE 192 Germany PV Inverter Market, by Product, 2023 - 2030, Thousand Units
• TABLE 193 Germany PV Inverter Market, by End-use, 2019 - 2022, USD Million
• TABLE 194 Germany PV Inverter Market, by End-use, 2023 - 2030, USD Million
• TABLE 195 Germany PV Inverter Market, by End-use, 2019 - 2022, Thousand Units
• TABLE 196 Germany PV Inverter Market, by End-use, 2023 - 2030, Thousand Units
• TABLE 197 UK PV Inverter Market, 2019 - 2022, USD Million
• TABLE 198 UK PV Inverter Market, 2023 - 2030, USD Million
• TABLE 199 UK PV Inverter Market, 2019 - 2022, Thousand Units
• TABLE 200 UK PV Inverter Market, 2023 - 2030, Thousand Units
• TABLE 201 UK PV Inverter Market, by Product, 2019 - 2022, USD Million
• TABLE 202 UK PV Inverter Market, by Product, 2023 - 2030, USD Million
• TABLE 203 UK PV Inverter Market, by Product, 2019 - 2022, Thousand Units
• TABLE 204 UK PV Inverter Market, by Product, 2023 - 2030, Thousand Units
• TABLE 205 UK PV Inverter Market, by End-use, 2019 - 2022, USD Million
• TABLE 206 UK PV Inverter Market, by End-use, 2023 - 2030, USD Million
• TABLE 207 UK PV Inverter Market, by End-use, 2019 - 2022, Thousand Units
• TABLE 208 UK PV Inverter Market, by End-use, 2023 - 2030, Thousand Units
• TABLE 209 France PV Inverter Market, 2019 - 2022, USD Million
• TABLE 210 France PV Inverter Market, 2023 - 2030, USD Million
• TABLE 211 France PV Inverter Market, 2019 - 2022, Thousand Units
• TABLE 212 France PV Inverter Market, 2023 - 2030, Thousand Units
• TABLE 213 France PV Inverter Market, by Product, 2019 - 2022, USD Million
• TABLE 214 France PV Inverter Market, by Product, 2023 - 2030, USD Million
• TABLE 215 France PV Inverter Market, by Product, 2019 - 2022, Thousand Units
• TABLE 216 France PV Inverter Market, by Product, 2023 - 2030, Thousand Units
• TABLE 217 France PV Inverter Market, by End-use, 2019 - 2022, USD Million
• TABLE 218 France PV Inverter Market, by End-use, 2023 - 2030, USD Million
• TABLE 219 France PV Inverter Market, by End-use, 2019 - 2022, Thousand Units
• TABLE 220 France PV Inverter Market, by End-use, 2023 - 2030, Thousand Units
• TABLE 221 Russia PV Inverter Market, 2019 - 2022, USD Million
• TABLE 222 Russia PV Inverter Market, 2023 - 2030, USD Million
• TABLE 223 Russia PV Inverter Market, 2019 - 2022, Thousand Units
• TABLE 224 Russia PV Inverter Market, 2023 - 2030, Thousand Units
• TABLE 225 Russia PV Inverter Market, by Product, 2019 - 2022, USD Million
• TABLE 226 Russia PV Inverter Market, by Product, 2023 - 2030, USD Million
• TABLE 227 Russia PV Inverter Market, by Product, 2019 - 2022, Thousand Units
• TABLE 228 Russia PV Inverter Market, by Product, 2023 - 2030, Thousand Units
• TABLE 229 Russia PV Inverter Market, by End-use, 2019 - 2022, USD Million
• TABLE 230 Russia PV Inverter Market, by End-use, 2023 - 2030, USD Million
• TABLE 231 Russia PV Inverter Market, by End-use, 2019 - 2022, Thousand Units
• TABLE 232 Russia PV Inverter Market, by End-use, 2023 - 2030, Thousand Units
• TABLE 233 Spain PV Inverter Market, 2019 - 2022, USD Million
• TABLE 234 Spain PV Inverter Market, 2023 - 2030, USD Million
• TABLE 235 Spain PV Inverter Market, 2019 - 2022, Thousand Units
• TABLE 236 Spain PV Inverter Market, 2023 - 2030, Thousand Units
• TABLE 237 Spain PV Inverter Market, by Product, 2019 - 2022, USD Million
• TABLE 238 Spain PV Inverter Market, by Product, 2023 - 2030, USD Million
• TABLE 239 Spain PV Inverter Market, by Product, 2019 - 2022, Thousand Units
• TABLE 240 Spain PV Inverter Market, by Product, 2023 - 2030, Thousand Units
• TABLE 241 Spain PV Inverter Market, by End-use, 2019 - 2022, USD Million
• TABLE 242 Spain PV Inverter Market, by End-use, 2023 - 2030, USD Million
• TABLE 243 Spain PV Inverter Market, by End-use, 2019 - 2022, Thousand Units
• TABLE 244 Spain PV Inverter Market, by End-use, 2023 - 2030, Thousand Units
• TABLE 245 Italy PV Inverter Market, 2019 - 2022, USD Million
• TABLE 246 Italy PV Inverter Market, 2023 - 2030, USD Million
• TABLE 247 Italy PV Inverter Market, 2019 - 2022, Thousand Units
• TABLE 248 Italy PV Inverter Market, 2023 - 2030, Thousand Units
• TABLE 249 Italy PV Inverter Market, by Product, 2019 - 2022, USD Million
• TABLE 250 Italy PV Inverter Market, by Product, 2023 - 2030, USD Million
• TABLE 251 Italy PV Inverter Market, by Product, 2019 - 2022, Thousand Units
• TABLE 252 Italy PV Inverter Market, by Product, 2023 - 2030, Thousand Units
• TABLE 253 Italy PV Inverter Market, by End-use, 2019 - 2022, USD Million
• TABLE 254 Italy PV Inverter Market, by End-use, 2023 - 2030, USD Million
• TABLE 255 Italy PV Inverter Market, by End-use, 2019 - 2022, Thousand Units
• TABLE 256 Italy PV Inverter Market, by End-use, 2023 - 2030, Thousand Units
• TABLE 257 Rest of Europe PV Inverter Market, 2019 - 2022, USD Million
• TABLE 258 Rest of Europe PV Inverter Market, 2023 - 2030, USD Million
• TABLE 259 Rest of Europe PV Inverter Market, 2019 - 2022, Thousand Units
• TABLE 260 Rest of Europe PV Inverter Market, 2023 - 2030, Thousand Units
• TABLE 261 Rest of Europe PV Inverter Market, by Product, 2019 - 2022, USD Million
• TABLE 262 Rest of Europe PV Inverter Market, by Product, 2023 - 2030, USD Million
• TABLE 263 Rest of Europe PV Inverter Market, by Product, 2019 - 2022, Thousand Units
• TABLE 264 Rest of Europe PV Inverter Market, by Product, 2023 - 2030, Thousand Units
• TABLE 265 Rest of Europe PV Inverter Market, by End-use, 2019 - 2022, USD Million
• TABLE 266 Rest of Europe PV Inverter Market, by End-use, 2023 - 2030, USD Million
• TABLE 267 Rest of Europe PV Inverter Market, by End-use, 2019 - 2022, Thousand Units
• TABLE 268 Rest of Europe PV Inverter Market, by End-use, 2023 - 2030, Thousand Units
• TABLE 269 Asia Pacific PV Inverter Market, 2019 - 2022, USD Million
• TABLE 270 Asia Pacific PV Inverter Market, 2023 - 2030, USD Million
• TABLE 271 Asia Pacific PV Inverter Market, 2019 - 2022, Thousand Units
• TABLE 272 Asia Pacific PV Inverter Market, 2023 - 2030, Thousand Units
• TABLE 273 Asia Pacific PV Inverter Market, by Product, 2019 - 2022, USD Million
• TABLE 274 Asia Pacific PV Inverter Market, by Product, 2023 - 2030, USD Million
• TABLE 275 Asia Pacific PV Inverter Market, by Product, 2019 - 2022, Thousand Units
• TABLE 276 Asia Pacific PV Inverter Market, by Product, 2023 - 2030, Thousand Units
• TABLE 277 Asia Pacific String PV Inverter Market, by Country, 2019 - 2022, USD Million
• TABLE 278 Asia Pacific String PV Inverter Market, by Country, 2023 - 2030, USD Million
• TABLE 279 Asia Pacific String PV Inverter Market, by Country, 2019 - 2022, Thousand Units
• TABLE 280 Asia Pacific String PV Inverter Market, by Country, 2023 - 2030, Thousand Units
• TABLE 281 Asia Pacific Central PV Inverter Market, by Country, 2019 - 2022, USD Million
• TABLE 282 Asia Pacific Central PV Inverter Market, by Country, 2023 - 2030, USD Million
• TABLE 283 Asia Pacific Central PV Inverter Market, by Country, 2019 - 2022, Thousand Units
• TABLE 284 Asia Pacific Central PV Inverter Market, by Country, 2023 - 2030, Thousand Units
• TABLE 285 Asia Pacific Micro PV Inverter Market, by Country, 2019 - 2022, USD Million
• TABLE 286 Asia Pacific Micro PV Inverter Market, by Country, 2023 - 2030, USD Million
• TABLE 287 Asia Pacific Micro PV Inverter Market, by Country, 2019 - 2022, Thousand Units
• TABLE 288 Asia Pacific Micro PV Inverter Market, by Country, 2023 - 2030, Thousand Units
• TABLE 289 Asia Pacific Other PV Inverter Market, by Country, 2019 - 2022, USD Million
• TABLE 290 Asia Pacific Other PV Inverter Market, by Country, 2023 - 2030, USD Million
• TABLE 291 Asia Pacific Other PV Inverter Market, by Country, 2019 - 2022, Thousand Units
• TABLE 292 Asia Pacific Other PV Inverter Market, by Country, 2023 - 2030, Thousand Units
• TABLE 293 Asia Pacific PV Inverter Market, by End-use, 2019 - 2022, USD Million
• TABLE 294 Asia Pacific PV Inverter Market, by End-use, 2023 - 2030, USD Million
• TABLE 295 Asia Pacific PV Inverter Market, by End-use, 2019 - 2022, Thousand Units
• TABLE 296 Asia Pacific PV Inverter Market, by End-use, 2023 - 2030, Thousand Units
• TABLE 297 Asia Pacific Utilities Market, by Country, 2019 - 2022, USD Million
• TABLE 298 Asia Pacific Utilities Market, by Country, 2023 - 2030, USD Million
• TABLE 299 Asia Pacific Utilities Market, by Country, 2019 - 2022, Thousand Units
• TABLE 300 Asia Pacific Utilities Market, by Country, 2023 - 2030, Thousand Units
• TABLE 301 Asia Pacific Commercial & Industrial Market, by Country, 2019 - 2022, USD Million
• TABLE 302 Asia Pacific Commercial & Industrial Market, by Country, 2023 - 2030, USD Million
• TABLE 303 Asia Pacific Commercial & Industrial Market, by Country, 2019 - 2022, Thousand Units
• TABLE 304 Asia Pacific Commercial & Industrial Market, by Country, 2023 - 2030, Thousand Units
• TABLE 305 Asia Pacific Residential Market, by Country, 2019 - 2022, USD Million
• TABLE 306 Asia Pacific Residential Market, by Country, 2023 - 2030, USD Million
• TABLE 307 Asia Pacific Residential Market, by Country, 2019 - 2022, Thousand Units
• TABLE 308 Asia Pacific Residential Market, by Country, 2023 - 2030, Thousand Units
• TABLE 309 Asia Pacific PV Inverter Market, by Country, 2019 - 2022, USD Million
• TABLE 310 Asia Pacific PV Inverter Market, by Country, 2023 - 2030, USD Million
• TABLE 311 Asia Pacific PV Inverter Market, by Country, 2019 - 2022, Thousand Units
• TABLE 312 Asia Pacific PV Inverter Market, by Country, 2023 - 2030, Thousand Units
• TABLE 313 China PV Inverter Market, 2019 - 2022, USD Million
• TABLE 314 China PV Inverter Market, 2023 - 2030, USD Million
• TABLE 315 China PV Inverter Market, 2019 - 2022, Thousand Units
• TABLE 316 China PV Inverter Market, 2023 - 2030, Thousand Units
• TABLE 317 China PV Inverter Market, by Product, 2019 - 2022, USD Million
• TABLE 318 China PV Inverter Market, by Product, 2023 - 2030, USD Million
• TABLE 319 China PV Inverter Market, by Product, 2019 - 2022, Thousand Units
• TABLE 320 China PV Inverter Market, by Product, 2023 - 2030, Thousand Units
• TABLE 321 China PV Inverter Market, by End-use, 2019 - 2022, USD Million
• TABLE 322 China PV Inverter Market, by End-use, 2023 - 2030, USD Million
• TABLE 323 China PV Inverter Market, by End-use, 2019 - 2022, Thousand Units
• TABLE 324 China PV Inverter Market, by End-use, 2023 - 2030, Thousand Units

The Global PV Inverter Market size is expected to reach $40.5 billion by 2030, rising at a market growth of 18.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 6,052.5 thousand units, experiencing a growth of 18.3% (2019-2022).

Recent inverter trends in the country include the prevalence of 1.5 MW plus capacity central inverters and 60 kW plus capacity three-phase string inverters. Therefore, the North America region acquired $2,789.9 million in 2022. Even though string inverters experienced robust growth in North America, central PV inverters are expected to maintain the highest market share throughout the forecast period. Notably, photovoltaic solar (PV) installations accounted for about 45% of total new electricity-generating capacity additions in the first three months of 2023. The United States has witnessed a rapid increase in solar installations across residential, commercial, and utility-scale projects. This growth is fueled by declining solar panel costs, supportive government policies, and increased environmental awareness.

The major strategies followed by the market participants are Mergers & Acquisition as the key developmental strategy to keep pace with the changing demands of end users. For instance, In, January, 2022, Eaton Corporation PLC has successfully finalized the acquisition of Royal Power Solutions, to strengthen Eaton's capacity to take advantage of the ongoing and widespread growth trend in sectors such as eMobility, aerospace, and electrical businesses. Additionally, In, March, 2020, FIMER Group has successfully concluded the acquisition of ABB LTD.'s solar inverter business. This acquisition strengthens FIMER's position in the solar inverter market and broadens its reach across key geographic markets worldwide.

Based on the Analysis presented in the KBV Cardinal matrix; Hitachi, Ltd. is the forerunners in the PV Inverter Market. In, October, 2023, Hitachi Energy, a subsidiary of Hitachi Ltd., has completed the acquisition of Experience Knowledge Strategy SL (EKS), a manufacturer specializing in power electronics and energy management systems. This investment also signifies the formation of a strategic partnership with Powin, which retains a substantial ownership stake in eks Energy. The collaboration involves combining eks Energy's expertise in power electronics and advanced control with Hitachi Energy's comprehensive automation, software, and system integration capabilities. This strategic move further solidifies Hitachi Energy's position as a leading technology provider in the renewables and Battery Energy Storage System (BESS) market.

Companies such as Eaton Corporation PLC, Delta Electronics, Inc., Fimer Group are some of the key innovators in PV Inverter Market.

Market Growth Factors

Growing need for electric power through clean energy sources

The rising need for clean energy has led to a substantial increase in solar installations worldwide. Solar power, harnessed through photovoltaic panels, is one of the key supporters of the clean energy mix. As more solar installations come online, there is a demand for PV inverters, essential for converting solar DC power into usable AC power. Governments globally support the transition to clean energy by implementing favourable policies, incentives, and subsidies for solar power projects. These initiatives aim to accelerate the deployment of renewable energy technologies, including solar PV. In many cases, financial incentives for solar installations directly impact the demand for PV inverters.

Reducing renewable power generation costs

A significant reduction in the cost of solar power generation makes solar installations more affordable for a broader range of consumers. As the overall cost of solar projects decreases, including the costs associated with PV inverters, there is a greater incentive for individuals, businesses, and governments to invest in solar energy solutions. Lowering the costs of renewable power generation, particularly solar, accelerates the adoption of solar energy on a global scale. Governments, businesses, and households are more likely to invest in solar installations as the economic viability of solar projects improves. This surge in adoption directly correlates with an increased demand for PV inverters. This competition often leads to innovation, cost-effective solutions, and a broader range of product offerings. Therefore, reducing renewable power generation costs, particularly in the solar energy sector, has a transformative impact on the market.

Market Restraining Factors

Storage integration and energy management

Integrating energy storage systems with PV inverters adds an initial cost to solar installations. Buying and installing energy storage solutions and compatible inverters is challenging, particularly in markets where cost competitiveness is a significant factor. Designing and engineering solar power systems with integrated energy storage requires a deep understanding of PV technology and energy storage solutions. This complexity can pose challenges for installers and system designers, potentially leading to errors or inefficiencies if not executed correctly. The lack of a well-trained workforce in this area can limit the seamless deployment and maintenance of integrated systems. Due to the above factors, market growth will be hampered in the coming years.

Product Outlook

On the basis of product, the market is segmented into string PV inverter, central PV inverter, micro PV inverter, and other . The micro PV inverter segment acquired a substantial revenue share in the PV inverter market in 2022. Module-level electronics (micro PV inverters) have gained significant traction in the commercial and industrial sectors. High dependability, enhanced efficiency and performance via maximum power point tracking (MPPT), effortless installation, absence of spatial limitations, and cost-effectiveness are all advantages of these inverters. Micro inverters are often designed to be compatible with various solar panel types and brands. This flexibility allows system owners to choose the most suitable panels for their specific needs without being restricted by inverter compatibility concerns.

End-use Outlook

Based on end-use, the market is fragmented into commercial & industrial, utilities, and residential. The residential segment garnered a significant revenue share in the market in 2022. Due to the growing consumer demand for solar renewable energy for electrification. Captive power generation via renewable sources, such as power in residential structures, has been actively encouraged by governments in numerous nations by implementing policies and financial incentives. SolaX Power, an esteemed producer of solar inverters, introduced X1-Hybrid LV in April 2023. This groundbreaking single-phase low-voltage hybrid inverter is intended exclusively for residential use. For low-voltage solar photovoltaic (PV) systems, this new inverter has been designed to operate at a high efficiency.

Regional Outlook

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region registered the highest revenue share in the market. China is a significant global competitor and the largest contributor to this region's rapid expansion of the solar market. Expanding the solar installation industry in developing countries has substantially grown the regional market. Developing nations in the Asia Pacific region possess advantageous solar conditions and have emerged as substantial markets for photovoltaic inverters and solar installations. Stringent environmental regulations to increase the adoption of renewable energy, including solar, will augment the business scenario.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Delta Electronics, Inc., Eaton Corporation PLC, Emerson Electric Co., Fimer Group, Hitachi, Ltd. (Hitachi Hi-Rel Power Electronics Private Limited), Omron Corporation, Power Electronics Espana, S.L.U. (Advanced Energy Industries, Inc.), Siemens Energy AG, SMA Solar Technology AG, and SunPower Corporation (Infineon Technologies AG)

Recent Strategies Deployed in PV Inverter Market

Mergers & Acquisition:

Oct-2023: Hitachi Energy, a subsidiary of Hitachi Ltd., has completed the acquisition of Experience Knowledge Strategy SL (EKS), a manufacturer specializing in power electronics and energy management systems. This investment also signifies the formation of a strategic partnership with Powin, which retains a substantial ownership stake in eks Energy. The collaboration involves combining eks Energy's expertise in power electronics and advanced control with Hitachi Energy's comprehensive automation, software, and system integration capabilities. This strategic move further solidifies Hitachi Energy's position as a leading technology provider in the renewables and Battery Energy Storage System (BESS) market.

Apr-2023: Eaton Corporation PLC has successfully acquired a 49% stake in Jiangsu Ryan Electrical Co. Ltd. (Ryan), a prominent manufacturer of power distribution and sub-transmission transformers based in China. This strategic acquisition is aimed at fostering collaboration between the two companies to enhance customer service in the Asia Pacific region and globally. By joining forces, Eaton and Ryan are poised to offer comprehensive solutions to meet the growing demand for transitioning to more renewable energy sources and increased electrical content across various applications.

Jan-2022: Eaton Corporation PLC has successfully finalized the acquisition of Royal Power Solutions, a manufacturer based in the United States that specializes in high-precision electrical connectivity components. The incorporation of Royal Power Solutions strengthens Eaton's capacity to take advantage of the ongoing and widespread growth trend in sectors such as eMobility, aerospace, and electrical businesses. This strategic move positions Eaton to further capitalize on the increasing demand within these industries.

Mar-2020: FIMER Group has successfully concluded the acquisition of ABB LTD.'s solar inverter business. This strategic move positions FIMER to enhance its global presence, extending from Latin America, where the company is already established, to critical strategic regions such as Europe, Africa, the Middle East, Asia-Pacific (with a focus on Japan), and North America. This acquisition strengthens FIMER's position in the solar inverter market and broadens its reach across key geographic markets worldwide.

Product Launches:

Apr-2022: Delta Electronics Inc. has unveiled a cutting-edge optical storage and charging bi-directional inverter (BDI). This comprehensive solution seamlessly combines the conversion and control of both AC and DC power, catering to various aspects of household electricity infrastructure, including rooftop solar power, energy storage batteries, and electric vehicle (EV) charging. In everyday scenarios, it enables households to efficiently manage power distribution, resulting in cost savings on electricity. In times of emergencies, the BDI serves as a backup power source, ensuring that individuals can maintain a normal lifestyle even during disruptions.

Apr-2021: Delta Electronics Inc. has introduced the M250HV high-capacity string inverter specifically designed for ground-mounted solar power plants. The M250HV comes equipped with 12 sets of Maximum Power Point (MPP) trackers, boasting an impressive output power of 250kW and efficiency levels reaching up to 99%. This innovative design not only allows for flexible planning in the deployment of large-scale solar power plants but also enhances their convenience in terms of establishment, maintenance, and operation.

Jan-2021: Fimer Group has announced the imminent launch of two new string inverters designed for use in residential, commercial, and industrial photovoltaic (PV) projects. These inverters, identified as PVS-10/12.5/15-TL and PVS-20/30/33-TL, boast a power output ranging from 10 to 33 kW and are specified to achieve an input voltage of 1100 V (DC). The higher-capacity devices within this series have been specifically engineered to accommodate the rising currents associated with PV module technologies, especially in the case of bifacial modules.

Partnerships, Collaborations & Agreements:

Jun-2023: Delta Electronics Inc. has officially entered into a definitive purchase agreement via its subsidiary, Delta International Holding Limited B.V., with TB&C Group, a prominent supplier of high-voltage hybrid components for the automotive industry. The incorporation of TB&C into Delta's operations will facilitate the broadening of its electric vehicle (EV) product range. The partnership between the two entities is expected to enhance the overall scope of Delta's EV business.

Apr-2023: Siemens Energy AG has entered into an agreement with Lightsource bp, a solar business, for the supply of solar inverters. Pursuant to this agreement, Lightsource bp is set to deploy over 850MW of Siemens inverters, with an additional option to incorporate 200MW, within the next two years as part of its renewable project development pipeline.

Geographical Expansion:

Dec-2023: SMA Solar Technology AG has revealed plans to expand its manufacturing operations to the United States, targeting an annual capacity of 3.5 GW. The company identifies the U.S. as a crucial market, and it views the Inflation Reduction Act (IRA) as a remarkable opportunity for sustained long-term growth.

Scope of the Study

Market Segments covered in the Report:

By Product (Volume, Thousand Units, USD billion, 2019-2030)

• String PV Inverter
• Central PV Inverter
• Micro PV Inverter
• Other PV Inverter

By End-use (Volume, Thousand Units, USD billion, 2019-2030)

• Utilities
• Commercial & Industrial
• Residential

By Geography (Volume, Thousand Units, USD billion, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• Delta Electronics, Inc.
• Eaton Corporation PLC
• Emerson Electric Co.
• Fimer Group
• Hitachi, Ltd. (Hitachi Hi-Rel Power Electronics Private Limited)
• Omron Corporation
• Power Electronics Espana, S.L.U. (Advanced Energy Industries, Inc.)
• Siemens Energy AG
• SMA Solar Technology AG
• SunPower Corporation (Infineon Technologies AG)

Unique Offerings from KBV Research

• Exhaustive coverage
• Highest number of market tables and figures
• Subscription based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology

• 1.1 Market Definition
• 1.2 Objectives
• 1.3 Market Scope
• 1.4 Segmentation
  • 1.4.1 Global PV Inverter Market, by Product
  • 1.4.2 Global PV Inverter Market, by End-use
  • 1.4.3 Global PV Inverter Market, by Geography
• 1.5 Methodology for the research

Chapter 2. Market at a Glance

• 2.1 Key Highlights

Chapter 3. Market Overview

• 3.1 Introduction
  • 3.1.1 Overview
    • 3.1.1.1 Market Composition and Scenario
• 3.2 Key Factors Impacting the Market
  • 3.2.1 Market Drivers
  • 3.2.2 Market Restraints

Chapter 4. Competition Analysis - Global

• 4.1 KBV Cardinal Matrix
• 4.2 Recent Industry Wide Strategic Developments
  • 4.2.1 Partnerships, Collaborations and Agreements
  • 4.2.2 Product launch and Product Expansions
  • 4.2.3 Mergers & Acquisition
  • 4.2.4 Geographical Expansions
• 4.3 Top Winning Strategies
  • 4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
• 4.4 Porter's Five Forces Analysis

Chapter 5. Global PV Inverter Market, by Product

• 5.1 Global String PV Inverter Market, by Region
• 5.2 Global Central PV Inverter Market, by Region
• 5.3 Global Micro PV Inverter Market, by Region
• 5.4 Global Other PV Inverter Market, by Region

Chapter 6. Global PV Inverter Market, by End-use

• 6.1 Global Utilities Market, by Region
• 6.2 Global Commercial & Industrial Market, by Region
• 6.3 Global Residential Market, by Region

Chapter 7. Global PV Inverter Market, by Region

• 7.1 North America PV Inverter Market
  • 7.1.1 North America PV Inverter Market, by Product
    • 7.1.1.1 North America String PV Inverter Market, by Country
    • 7.1.1.2 North America Central PV Inverter Market, by Country
    • 7.1.1.3 North America Micro PV Inverter Market, by Country
    • 7.1.1.4 North America Other PV Inverter Market, by Country
  • 7.1.2 North America PV Inverter Market, by End-use
    • 7.1.2.1 North America Utilities Market, by Country
    • 7.1.2.2 North America Commercial & Industrial Market, by Country
    • 7.1.2.3 North America Residential Market, by Country
  • 7.1.3 North America PV Inverter Market, by Country
    • 7.1.3.1 US PV Inverter Market
      • 7.1.3.1.1 US PV Inverter Market, by Product
      • 7.1.3.1.2 US PV Inverter Market, by End-use
    • 7.1.3.2 Canada PV Inverter Market
      • 7.1.3.2.1 Canada PV Inverter Market, by Product
      • 7.1.3.2.2 Canada PV Inverter Market, by End-use
    • 7.1.3.3 Mexico PV Inverter Market
      • 7.1.3.3.1 Mexico PV Inverter Market, by Product
      • 7.1.3.3.2 Mexico PV Inverter Market, by End-use
    • 7.1.3.4 Rest of North America PV Inverter Market
      • 7.1.3.4.1 Rest of North America PV Inverter Market, by Product
      • 7.1.3.4.2 Rest of North America PV Inverter Market, by End-use
• 7.2 Europe PV Inverter Market
  • 7.2.1 Europe PV Inverter Market, by Product
    • 7.2.1.1 Europe String PV Inverter Market, by Country
    • 7.2.1.2 Europe Central PV Inverter Market, by Country
    • 7.2.1.3 Europe Micro PV Inverter Market, by Country
    • 7.2.1.4 Europe Other PV Inverter Market, by Country
  • 7.2.2 Europe PV Inverter Market, by End-use
    • 7.2.2.1 Europe Utilities Market, by Country
    • 7.2.2.2 Europe Commercial & Industrial Market, by Country
    • 7.2.2.3 Europe Residential Market, by Country
  • 7.2.3 Europe PV Inverter Market, by Country
    • 7.2.3.1 Germany PV Inverter Market
      • 7.2.3.1.1 Germany PV Inverter Market, by Product
      • 7.2.3.1.2 Germany PV Inverter Market, by End-use
    • 7.2.3.2 UK PV Inverter Market
      • 7.2.3.2.1 UK PV Inverter Market, by Product
      • 7.2.3.2.2 UK PV Inverter Market, by End-use
    • 7.2.3.3 France PV Inverter Market
      • 7.2.3.3.1 France PV Inverter Market, by Product
      • 7.2.3.3.2 France PV Inverter Market, by End-use
    • 7.2.3.4 Russia PV Inverter Market
      • 7.2.3.4.1 Russia PV Inverter Market, by Product
      • 7.2.3.4.2 Russia PV Inverter Market, by End-use
    • 7.2.3.5 Spain PV Inverter Market
      • 7.2.3.5.1 Spain PV Inverter Market, by Product
      • 7.2.3.5.2 Spain PV Inverter Market, by End-use
    • 7.2.3.6 Italy PV Inverter Market
      • 7.2.3.6.1 Italy PV Inverter Market, by Product
      • 7.2.3.6.2 Italy PV Inverter Market, by End-use
    • 7.2.3.7 Rest of Europe PV Inverter Market
      • 7.2.3.7.1 Rest of Europe PV Inverter Market, by Product
      • 7.2.3.7.2 Rest of Europe PV Inverter Market, by End-use
• 7.3 Asia Pacific PV Inverter Market
  • 7.3.1 Asia Pacific PV Inverter Market, by Product
    • 7.3.1.1 Asia Pacific String PV Inverter Market, by Country
    • 7.3.1.2 Asia Pacific Central PV Inverter Market, by Country
    • 7.3.1.3 Asia Pacific Micro PV Inverter Market, by Country
    • 7.3.1.4 Asia Pacific Other PV Inverter Market, by Country
  • 7.3.2 Asia Pacific PV Inverter Market, by End-use
    • 7.3.2.1 Asia Pacific Utilities Market, by Country
    • 7.3.2.2 Asia Pacific Commercial & Industrial Market, by Country
    • 7.3.2.3 Asia Pacific Residential Market, by Country
  • 7.3.3 Asia Pacific PV Inverter Market, by Country
    • 7.3.3.1 China PV Inverter Market
      • 7.3.3.1.1 China PV Inverter Market, by Product
      • 7.3.3.1.2 China PV Inverter Market, by End-use
    • 7.3.3.2 Japan PV Inverter Market
      • 7.3.3.2.1 Japan PV Inverter Market, by Product
      • 7.3.3.2.2 Japan PV Inverter Market, by End-use
    • 7.3.3.3 India PV Inverter Market
      • 7.3.3.3.1 India PV Inverter Market, by Product
      • 7.3.3.3.2 India PV Inverter Market, by End-use
    • 7.3.3.4 South Korea PV Inverter Market
      • 7.3.3.4.1 South Korea PV Inverter Market, by Product
      • 7.3.3.4.2 South Korea PV Inverter Market, by End-use
    • 7.3.3.5 Singapore PV Inverter Market
      • 7.3.3.5.1 Singapore PV Inverter Market, by Product
      • 7.3.3.5.2 Singapore PV Inverter Market, by End-use
    • 7.3.3.6 Malaysia PV Inverter Market
      • 7.3.3.6.1 Malaysia PV Inverter Market, by Product
      • 7.3.3.6.2 Malaysia PV Inverter Market, by End-use
    • 7.3.3.7 Rest of Asia Pacific PV Inverter Market
      • 7.3.3.7.1 Rest of Asia Pacific PV Inverter Market, by Product
      • 7.3.3.7.2 Rest of Asia Pacific PV Inverter Market, by End-use
• 7.4 LAMEA PV Inverter Market
  • 7.4.1 LAMEA PV Inverter Market, by Product
    • 7.4.1.1 LAMEA String PV Inverter Market, by Country
    • 7.4.1.2 LAMEA Central PV Inverter Market, by Country
    • 7.4.1.3 LAMEA Micro PV Inverter Market, by Country
    • 7.4.1.4 LAMEA Other PV Inverter Market, by Country
  • 7.4.2 LAMEA PV Inverter Market, by End-use
    • 7.4.2.1 LAMEA Utilities Market, by Country
    • 7.4.2.2 LAMEA Commercial & Industrial Market, by Country
    • 7.4.2.3 LAMEA Residential Market, by Country
  • 7.4.3 LAMEA PV Inverter Market, by Country
    • 7.4.3.1 Brazil PV Inverter Market
      • 7.4.3.1.1 Brazil PV Inverter Market, by Product
      • 7.4.3.1.2 Brazil PV Inverter Market, by End-use
    • 7.4.3.2 Argentina PV Inverter Market
      • 7.4.3.2.1 Argentina PV Inverter Market, by Product
      • 7.4.3.2.2 Argentina PV Inverter Market, by End-use
    • 7.4.3.3 UAE PV Inverter Market
      • 7.4.3.3.1 UAE PV Inverter Market, by Product
      • 7.4.3.3.2 UAE PV Inverter Market, by End-use
    • 7.4.3.4 Saudi Arabia PV Inverter Market
      • 7.4.3.4.1 Saudi Arabia PV Inverter Market, by Product
      • 7.4.3.4.2 Saudi Arabia PV Inverter Market, by End-use
    • 7.4.3.5 South Africa PV Inverter Market
      • 7.4.3.5.1 South Africa PV Inverter Market, by Product
      • 7.4.3.5.2 South Africa PV Inverter Market, by End-use
    • 7.4.3.6 Nigeria PV Inverter Market
      • 7.4.3.6.1 Nigeria PV Inverter Market, by Product
      • 7.4.3.6.2 Nigeria PV Inverter Market, by End-use
    • 7.4.3.7 Rest of LAMEA PV Inverter Market
      • 7.4.3.7.1 Rest of LAMEA PV Inverter Market, by Product
      • 7.4.3.7.2 Rest of LAMEA PV Inverter Market, by End-use

Chapter 8. Company Profiles

• 8.1 Delta Electronics, Inc.
  • 8.1.1 Company Overview
  • 8.1.2 Financial Analysis
  • 8.1.3 Research & Development Expense
  • 8.1.4 Recent strategies and developments:
    • 8.1.4.1 Partnerships, Collaborations, and Agreements:
    • 8.1.4.2 Product Launches and Product Expansions:
  • 8.1.5 SWOT Analysis
• 8.2 Eaton Corporation PLC
  • 8.2.1 Company Overview
  • 8.2.2 Financial Analysis
  • 8.2.3 Segmental and Regional Analysis
  • 8.2.4 Research & Development Expense
  • 8.2.5 Recent strategies and developments:
    • 8.2.5.1 Acquisition and Mergers:
  • 8.2.6 SWOT Analysis
• 8.3 Emerson Electric Co.
  • 8.3.1 Company Overview
  • 8.3.2 Financial Analysis
  • 8.3.3 Segmental and Regional Analysis
  • 8.3.4 Research & Development Expense
  • 8.3.5 SWOT Analysis
• 8.4 Fimer Group
  • 8.4.1 Company Overview
  • 8.4.2 Recent strategies and developments:
    • 8.4.2.1 Product Launches and Product Expansions:
    • 8.4.2.2 Acquisition and Mergers:
  • 8.4.3 SWOT Analysis
• 8.5 Hitachi, Ltd. (Hitachi Hi-Rel Power Electronics Private Limited)
  • 8.5.1 Company Overview
  • 8.5.2 Financial Analysis
  • 8.5.3 Segmental and Regional Analysis
  • 8.5.4 Research & Development Expenses
  • 8.5.5 Recent strategies and developments:
    • 8.5.5.1 Acquisition and Mergers:
  • 8.5.6 SWOT Analysis
• 8.6 Omron Corporation
  • 8.6.1 Company Overview
  • 8.6.2 Financial Analysis
  • 8.6.3 Segmental and Regional Analysis
  • 8.6.4 Research & Development Expenses
  • 8.6.5 SWOT Analysis
• 8.7 Power Electronics Espana, S.L.U (Advanced Energy Industries, Inc.)
  • 8.7.1 Company Overview
  • 8.7.2 Financial Analysis
  • 8.7.3 Research & Development Expenses
  • 8.7.4 SWOT Analysis
• 8.8 Siemens Energy AG
  • 8.8.1 Company Overview
  • 8.8.2 Financial Analysis
  • 8.8.3 Segmental and Regional Analysis
  • 8.8.4 Research & Development Expenses
  • 8.8.5 Recent strategies and developments:
    • 8.8.5.1 Partnerships, Collaborations, and Agreements:
    • 8.8.5.2 Acquisition and Mergers:
  • 8.8.6 SWOT Analysis
• 8.9 SMA Solar Technology AG
  • 8.9.1 Company Overview
  • 8.9.2 Financial Analysis
  • 8.9.3 Segmental and Regional Analysis
  • 8.9.4 Research & Development Expenses
  • 8.9.5 Recent strategies and developments:
    • 8.9.5.1 Geographical Expansions:
  • 8.9.6 SWOT Analysis
• 8.10. SunPower Corporation (Infineon Technologies AG)
  • 8.10.1 Company Overview
  • 8.10.2 Financial Analysis
  • 8.10.3 Research & Development Expenses
  • 8.10.4 Recent strategies and developments:
    • 8.10.4.1 Partnerships, Collaborations, and Agreements:
    • 8.10.4.2 Product Launches and Product Expansions:
  • 8.10.5 SWOT Analysis

Chapter 9. Winning Strategies of PV Inverter Market