住宅用ソーラーインバーターの2030年市場予測：セグメント別、地域別の世界分析

Stratistics MRCによると、住宅用ソーラーインバーターの世界市場は2023年に58億9,000万米ドルを占め、予測期間中のCAGRは13.3％で成長し、2030年には141億2,000万米ドルに達すると予測されています。

PVインバータは、ソーラーインバータの別名です。太陽光発電システムにおいて直流を交流に変換する重要な役割を果たします。PVインバーターは、太陽光発電ソーラーパネルの可変直流出力を240Vの交流に変換します。その後、この交流エネルギーは住宅地に送られ、さまざまな電化製品に電力を供給します。ソーラーインバーターは、電気料金を大幅に下げる信頼できるエネルギー源とみなされています。

国連によると、2020年には地球上に78億人が住むが、そのうち10億人は電気を利用できないです。2030年には地球上に86億人の人口が増え、エネルギーに対するニーズはさらに高まるだろう

再生可能エネルギーへの需要の高まり

気候変動や環境の持続可能性に対する懸念が高まるにつれ、再生可能エネルギーの導入が世界的に推進されています。住宅用太陽光発電の設置は、化石燃料への依存を減らすことができるため、一般的になりつつあります。太陽光発電は、クリーンで豊富なエネルギーの選択肢として注目されています。さらに、ソーラーインバーターは、ソーラー・パネルで発電された直流（DC）電力を家庭での消費に適した交流（AC）電力に変換することで、家庭がよりクリーンなエネルギーの未来に貢献できるようにする上で重要な役割を果たしています。

太陽エネルギーの不規則な性質

太陽エネルギーの生産は、本質的に天候の種類、時間帯、場所に左右されます。この断続性がエネルギー生産に変動をもたらす可能性があるため、動的な入力を効果的に管理するソーラーインバーターが必要です。さらに、電圧調整機能とMPPT（最大電力点追従）機能を備えた高度なインバーターは、エネルギー変換を最大化し、部分的な日陰や日照量が少ない時間帯でも安定した出力を維持するために不可欠です。

エネルギー貯蔵の革新

住宅用ソーラーインバーターの市場は、エネルギー貯蔵技術の継続的な改善により、大きなチャンスを迎えています。さらに、エネルギー貯蔵ソリューションがより効果的で、手頃な価格で、長持ちするようになったため、ソーラーインバーターはこれらの進歩を利用してエネルギー利用を最大化することができます。最先端のエネルギー管理アルゴリズムを搭載したインバーターは、バッテリーをインテリジェントに充放電することで、余分な太陽光エネルギーを最大限に活用し、外が曇っていても信頼性の高い電力供給を住宅所有者に提供することができます。

非再生可能エネルギー源の競争相手

化石燃料やその他の非再生可能エネルギー源は、価格や実用性の面で依然として競合関係にあります。加えて、石油・ガス価格が低迷している時期には、非再生可能エネルギーが手ごろな価格で手に入るという脅威から、消費者の嗜好が太陽光発電設備から離れていく可能性もあります。市場の成長の勢いは、太陽エネルギーへの切迫感の欠如と、従来型エネルギー源の信頼性がより高いという認識によって阻害される可能性があります。

COVID-19の影響：

COVID-19の流行は住宅用ソーラーインバーター市場に大きな影響を与え、サプライチェーンの混乱、設置の遅れ、消費者支出の減少を招いた。プロジェクトの遅延やキャンセルは、施錠、旅行制限、経済不安のために製造や流通に影響を与えました。パンデミックによって回復力のあるエネルギー源の重要性が高まったもの、市場の拡大は当初の設置減速と財政的制約によって妨げられました。しかし、住宅用ソーラー・ソリューションやソーラーインバーターなどの不可欠なコンポーネントへの関心が再び高まっているのは、経済が回復しクリーン・エネルギーへの注目が高まるにつれて生じている、再生可能エネルギーの利点に対する意識の高まりによるものです。

予測期間中、ストリング・インバータ分野が最大になる見込み

予測期間中、住宅用ソーラーインバータ市場はストリングインバータのセグメントによって支配されます。また、低コストで設置が簡単であり、さまざまな住宅用太陽光発電のセットアップに適していることから、ストリングインバータは広く使用されています。ストリング・インバータは、ソーラー・パネルの列を1台のインバータに接続することで、システム設計を合理化し、全体的な設置コストを下げることができるため、住宅用として特に好まれています。

予測期間中、住宅用セグメントが最も高いCAGRが見込まれる

予測期間中、太陽エネルギー市場で最もCAGRが高いと予測されるのは住宅分野です。さらに、この成長の背景には、環境維持に対する消費者の意識の高まり、ソーラー機器の価格下落、政府の奨励策、エネルギー自立に対する住宅所有者の関心の高まりなど、多くの要因があります。ソーラーパネルとインバーターを含む小規模住宅用ソーラーシステムは設置が簡単なこともあり、この分野は急速に拡大しています。

最大のシェアを持つ地域：

予測期間中、住宅用ソーラーインバータの最大市場シェアを占めるのはアジア太平洋地域です。積極的な再生可能エネルギー目標、政府による支援政策、持続可能なエネルギー選択肢に対する国民の意識の高まりなどを背景に、中国、日本、インド、オーストラリアなどの国々がこの成長の最前線に立っています。さらに、この地域は、中間層の拡大、急速な都市化、人口の増加により、住宅用太陽光発電の設置および関連するソーラーインバーター市場の主要拠点となっています。これらの要因はすべて、クリーンなエネルギー源に対する需要の増加に寄与しています。

CAGRが最も高い地域：

住宅用ソーラーインバータ市場は、米国とカナダを含む北米地域で予測期間中に最も高いCAGRを記録しました。この成長は、環境意識の高まり、政府による金融優遇措置、ソーラーパネル価格の下落、エネルギー貯蔵技術の改善によって後押しされています。さらに、住宅用太陽光発電の設置が大幅に増加し、二酸化炭素排出量の削減と再生可能エネルギーへの転換に取り組む地域の結果、ソーラーインバータの需要が増加しています。

無料のカスタマイズサービス

本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご利用いただけます：

• 企業プロファイル
  • 追加市場プレーヤーの包括的プロファイリング（3社まで）
  • 主要企業のSWOT分析（3社まで）
• 地域セグメンテーション
  • 顧客の関心に応じた主要国の市場推計・予測・CAGR（注：フィージビリティチェックによる）
• 競合ベンチマーキング
  • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

• 概要
• ステークホルダー
• 調査範囲
• 調査手法
  • データマイニング
  • データ分析
  • データ検証
  • 調査アプローチ
• 調査ソース
  • 1次調査ソース
  • 2次調査ソース
  • 前提条件

第3章 市場動向分析

• 促進要因
• 抑制要因
• 機会
• 脅威
• 製品分析
• エンドユーザー分析
• 新興市場
• 新型コロナウイルス感染症（COVID-19）の影響

第4章 ポーターのファイブフォース分析

• 供給企業の交渉力
• 買い手の交渉力
• 代替品の脅威
• 新規参入業者の脅威
• 競争企業間の敵対関係

第5章 世界の住宅用ソーラーインバーター市場：製品別

• ストリングインバータ
• マイクロインバーター
• セントラルインバーター
• その他の製品

第6章 世界の住宅用ソーラーインバーター市場：段階別

• 単相
• 3相
• その他のフェーズ

第7章 世界の住宅用ソーラーインバーター市場：接続別

• オングリッド
• オフグリッド
• その他の接続

第8章 世界の住宅用ソーラーインバーター市場：エンドユーザー別

• 住宅
• 商業
• ユーティリティ
• その他のエンドユーザー

第9章 世界の住宅用ソーラーインバーター市場：地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他欧州
• アジア太平洋地域
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他アジア太平洋地域
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他南米
• 中東とアフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他中東とアフリカ

第10章 主な発展

• 契約、パートナーシップ、コラボレーション、合弁事業
• 買収と合併
• 新製品の発売
• 事業拡大
• その他の主要戦略

第11章 企業プロファイル

• Schneider Electric SE
• General Electric
• Altenergy Power System, Inc.
• Huawei Technologies Co., Ltd.
• SolarEdge Technologies, Inc.
• Darfon Electronics Corp.
• ABB Ltd
• Toshiba Mitsubishi-Electric Industrial Systems Corporation
• Hitachi Hi-Rel Power Electronics Private Limited
• SMA Solar Technology AG
• Siemens AG
• Mitsubishi Electric Corporation
• GoodWe
• Sineng Electric Co., Ltd.
• Omron Corporation
• Shenzhen Sofarsolar co., Ltd
• Delta Electronics
• Tabuchi Electric Co., Ltd.
• Panasonic Corporation
• Eaton SolarEdge Technologies

List of Tables

• Table 1 Global Residential Solar (PV) Inverter Market Outlook, By Region (2021-2030) ($MN)
• Table 2 Global Residential Solar (PV) Inverter Market Outlook, By Product (2021-2030) ($MN)
• Table 3 Global Residential Solar (PV) Inverter Market Outlook, By String Inverter (2021-2030) ($MN)
• Table 4 Global Residential Solar (PV) Inverter Market Outlook, By Micro-Inverter (2021-2030) ($MN)
• Table 5 Global Residential Solar (PV) Inverter Market Outlook, By Central Inverter (2021-2030) ($MN)
• Table 6 Global Residential Solar (PV) Inverter Market Outlook, By Other Products (2021-2030) ($MN)
• Table 7 Global Residential Solar (PV) Inverter Market Outlook, By Phase (2021-2030) ($MN)
• Table 8 Global Residential Solar (PV) Inverter Market Outlook, By Single Phase (2021-2030) ($MN)
• Table 9 Global Residential Solar (PV) Inverter Market Outlook, By Three Phase (2021-2030) ($MN)
• Table 10 Global Residential Solar (PV) Inverter Market Outlook, By Other Phases (2021-2030) ($MN)
• Table 11 Global Residential Solar (PV) Inverter Market Outlook, By Connection (2021-2030) ($MN)
• Table 12 Global Residential Solar (PV) Inverter Market Outlook, By On-grid (2021-2030) ($MN)
• Table 13 Global Residential Solar (PV) Inverter Market Outlook, By Off-grid (2021-2030) ($MN)
• Table 14 Global Residential Solar (PV) Inverter Market Outlook, By Other Connections (2021-2030) ($MN)
• Table 15 Global Residential Solar (PV) Inverter Market Outlook, By End User (2021-2030) ($MN)
• Table 16 Global Residential Solar (PV) Inverter Market Outlook, By Residential (2021-2030) ($MN)
• Table 17 Global Residential Solar (PV) Inverter Market Outlook, By Commercial (2021-2030) ($MN)
• Table 18 Global Residential Solar (PV) Inverter Market Outlook, By Utilities (2021-2030) ($MN)
• Table 19 Global Residential Solar (PV) Inverter Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 20 North America Residential Solar (PV) Inverter Market Outlook, By Country (2021-2030) ($MN)
• Table 21 North America Residential Solar (PV) Inverter Market Outlook, By Product (2021-2030) ($MN)
• Table 22 North America Residential Solar (PV) Inverter Market Outlook, By String Inverter (2021-2030) ($MN)
• Table 23 North America Residential Solar (PV) Inverter Market Outlook, By Micro-Inverter (2021-2030) ($MN)
• Table 24 North America Residential Solar (PV) Inverter Market Outlook, By Central Inverter (2021-2030) ($MN)
• Table 25 North America Residential Solar (PV) Inverter Market Outlook, By Other Products (2021-2030) ($MN)
• Table 26 North America Residential Solar (PV) Inverter Market Outlook, By Phase (2021-2030) ($MN)
• Table 27 North America Residential Solar (PV) Inverter Market Outlook, By Single Phase (2021-2030) ($MN)
• Table 28 North America Residential Solar (PV) Inverter Market Outlook, By Three Phase (2021-2030) ($MN)
• Table 29 North America Residential Solar (PV) Inverter Market Outlook, By Other Phases (2021-2030) ($MN)
• Table 30 North America Residential Solar (PV) Inverter Market Outlook, By Connection (2021-2030) ($MN)
• Table 31 North America Residential Solar (PV) Inverter Market Outlook, By On-grid (2021-2030) ($MN)
• Table 32 North America Residential Solar (PV) Inverter Market Outlook, By Off-grid (2021-2030) ($MN)
• Table 33 North America Residential Solar (PV) Inverter Market Outlook, By Other Connections (2021-2030) ($MN)
• Table 34 North America Residential Solar (PV) Inverter Market Outlook, By End User (2021-2030) ($MN)
• Table 35 North America Residential Solar (PV) Inverter Market Outlook, By Residential (2021-2030) ($MN)
• Table 36 North America Residential Solar (PV) Inverter Market Outlook, By Commercial (2021-2030) ($MN)
• Table 37 North America Residential Solar (PV) Inverter Market Outlook, By Utilities (2021-2030) ($MN)
• Table 38 North America Residential Solar (PV) Inverter Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 39 Europe Residential Solar (PV) Inverter Market Outlook, By Country (2021-2030) ($MN)
• Table 40 Europe Residential Solar (PV) Inverter Market Outlook, By Product (2021-2030) ($MN)
• Table 41 Europe Residential Solar (PV) Inverter Market Outlook, By String Inverter (2021-2030) ($MN)
• Table 42 Europe Residential Solar (PV) Inverter Market Outlook, By Micro-Inverter (2021-2030) ($MN)
• Table 43 Europe Residential Solar (PV) Inverter Market Outlook, By Central Inverter (2021-2030) ($MN)
• Table 44 Europe Residential Solar (PV) Inverter Market Outlook, By Other Products (2021-2030) ($MN)
• Table 45 Europe Residential Solar (PV) Inverter Market Outlook, By Phase (2021-2030) ($MN)
• Table 46 Europe Residential Solar (PV) Inverter Market Outlook, By Single Phase (2021-2030) ($MN)
• Table 47 Europe Residential Solar (PV) Inverter Market Outlook, By Three Phase (2021-2030) ($MN)
• Table 48 Europe Residential Solar (PV) Inverter Market Outlook, By Other Phases (2021-2030) ($MN)
• Table 49 Europe Residential Solar (PV) Inverter Market Outlook, By Connection (2021-2030) ($MN)
• Table 50 Europe Residential Solar (PV) Inverter Market Outlook, By On-grid (2021-2030) ($MN)
• Table 51 Europe Residential Solar (PV) Inverter Market Outlook, By Off-grid (2021-2030) ($MN)
• Table 52 Europe Residential Solar (PV) Inverter Market Outlook, By Other Connections (2021-2030) ($MN)
• Table 53 Europe Residential Solar (PV) Inverter Market Outlook, By End User (2021-2030) ($MN)
• Table 54 Europe Residential Solar (PV) Inverter Market Outlook, By Residential (2021-2030) ($MN)
• Table 55 Europe Residential Solar (PV) Inverter Market Outlook, By Commercial (2021-2030) ($MN)
• Table 56 Europe Residential Solar (PV) Inverter Market Outlook, By Utilities (2021-2030) ($MN)
• Table 57 Europe Residential Solar (PV) Inverter Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 58 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By Country (2021-2030) ($MN)
• Table 59 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By Product (2021-2030) ($MN)
• Table 60 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By String Inverter (2021-2030) ($MN)
• Table 61 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By Micro-Inverter (2021-2030) ($MN)
• Table 62 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By Central Inverter (2021-2030) ($MN)
• Table 63 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By Other Products (2021-2030) ($MN)
• Table 64 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By Phase (2021-2030) ($MN)
• Table 65 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By Single Phase (2021-2030) ($MN)
• Table 66 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By Three Phase (2021-2030) ($MN)
• Table 67 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By Other Phases (2021-2030) ($MN)
• Table 68 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By Connection (2021-2030) ($MN)
• Table 69 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By On-grid (2021-2030) ($MN)
• Table 70 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By Off-grid (2021-2030) ($MN)
• Table 71 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By Other Connections (2021-2030) ($MN)
• Table 72 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By End User (2021-2030) ($MN)
• Table 73 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By Residential (2021-2030) ($MN)
• Table 74 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By Commercial (2021-2030) ($MN)
• Table 75 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By Utilities (2021-2030) ($MN)
• Table 76 Asia Pacific Residential Solar (PV) Inverter Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 77 South America Residential Solar (PV) Inverter Market Outlook, By Country (2021-2030) ($MN)
• Table 78 South America Residential Solar (PV) Inverter Market Outlook, By Product (2021-2030) ($MN)
• Table 79 South America Residential Solar (PV) Inverter Market Outlook, By String Inverter (2021-2030) ($MN)
• Table 80 South America Residential Solar (PV) Inverter Market Outlook, By Micro-Inverter (2021-2030) ($MN)
• Table 81 South America Residential Solar (PV) Inverter Market Outlook, By Central Inverter (2021-2030) ($MN)
• Table 82 South America Residential Solar (PV) Inverter Market Outlook, By Other Products (2021-2030) ($MN)
• Table 83 South America Residential Solar (PV) Inverter Market Outlook, By Phase (2021-2030) ($MN)
• Table 84 South America Residential Solar (PV) Inverter Market Outlook, By Single Phase (2021-2030) ($MN)
• Table 85 South America Residential Solar (PV) Inverter Market Outlook, By Three Phase (2021-2030) ($MN)
• Table 86 South America Residential Solar (PV) Inverter Market Outlook, By Other Phases (2021-2030) ($MN)
• Table 87 South America Residential Solar (PV) Inverter Market Outlook, By Connection (2021-2030) ($MN)
• Table 88 South America Residential Solar (PV) Inverter Market Outlook, By On-grid (2021-2030) ($MN)
• Table 89 South America Residential Solar (PV) Inverter Market Outlook, By Off-grid (2021-2030) ($MN)
• Table 90 South America Residential Solar (PV) Inverter Market Outlook, By Other Connections (2021-2030) ($MN)
• Table 91 South America Residential Solar (PV) Inverter Market Outlook, By End User (2021-2030) ($MN)
• Table 92 South America Residential Solar (PV) Inverter Market Outlook, By Residential (2021-2030) ($MN)
• Table 93 South America Residential Solar (PV) Inverter Market Outlook, By Commercial (2021-2030) ($MN)
• Table 94 South America Residential Solar (PV) Inverter Market Outlook, By Utilities (2021-2030) ($MN)
• Table 95 South America Residential Solar (PV) Inverter Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 96 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By Country (2021-2030) ($MN)
• Table 97 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By Product (2021-2030) ($MN)
• Table 98 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By String Inverter (2021-2030) ($MN)
• Table 99 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By Micro-Inverter (2021-2030) ($MN)
• Table 100 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By Central Inverter (2021-2030) ($MN)
• Table 101 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By Other Products (2021-2030) ($MN)
• Table 102 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By Phase (2021-2030) ($MN)
• Table 103 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By Single Phase (2021-2030) ($MN)
• Table 104 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By Three Phase (2021-2030) ($MN)
• Table 105 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By Other Phases (2021-2030) ($MN)
• Table 106 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By Connection (2021-2030) ($MN)
• Table 107 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By On-grid (2021-2030) ($MN)
• Table 108 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By Off-grid (2021-2030) ($MN)
• Table 109 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By Other Connections (2021-2030) ($MN)
• Table 110 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By End User (2021-2030) ($MN)
• Table 111 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By Residential (2021-2030) ($MN)
• Table 112 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By Commercial (2021-2030) ($MN)
• Table 113 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By Utilities (2021-2030) ($MN)
• Table 114 Middle East & Africa Residential Solar (PV) Inverter Market Outlook, By Other End Users (2021-2030) ($MN)

According to Stratistics MRC, the Global Residential Solar (PV) Inverter Market is accounted for $5.89 billion in 2023 and is expected to reach $14.12 billion by 2030 growing at a CAGR of 13.3% during the forecast period. A PV inverter is another name for a solar inverter. It plays a crucial role in converting direct current to alternate current in the solar energy system. A solar PV inverter converts a photovoltaic solar panel's variable direct current output into 240V of alternating current. Then, this AC energy is delivered to residential areas, where it powers a variety of appliances. Solar inverters are regarded as dependable energy sources that significantly lower electricity costs.

According to the UN, there will be 7.8 billion people on the planet in 2020, and 1 billion of them won't have access to electricity. With 8.6 billion people on the earth by 2030, there will be an even larger need for energy

Market Dynamics:

Driver:

Increasing demand for renewable energy

A global push is taking place to adopt renewable energy sources as worries about climate change and environmental sustainability grow. Residential solar installations are becoming more common because they can lessen reliance on fossil fuels. Solar power stands out as a clean and abundant energy option. Additionally, solar inverters play a key role in enabling households to contribute to a future with cleaner energy by converting the direct current (DC) electricity generated by solar panels into alternating current (AC) electricity suitable for home consumption.

Restraint:

Solar energy's irregular nature

The production of solar energy is inherently reliant on the type of weather, the time of day, and the location. Solar inverters are needed to effectively manage the dynamic input because this intermittency may cause fluctuations in energy production. Moreover, advanced inverters with voltage regulation and MPPT (Maximum Power Point Tracking) features are essential for maximizing energy conversion and sustaining steady output even in periods of partial shade or low sunlight.

Opportunity:

Innovations in energy storage

The market for residential solar inverters has a great opportunity thanks to the ongoing improvements in energy storage technologies. Furthermore, solar inverters can take advantage of these advancements to maximize energy utilization as energy storage solutions become more effective, affordable, and long-lasting. By intelligently charging and discharging batteries, inverters with cutting-edge energy management algorithms can make the most of extra solar energy and give homeowners a reliable power supply even when it's cloudy outside.

Threat:

Non-renewable energy sources competitors

Fossil fuels and other non-renewable energy sources are still competitive in terms of price and practicality. Additionally, the threat of the affordability of non-renewable energy can cause consumer preferences to change away from solar installations during times of low oil and gas prices. The market's growth momentum may be hampered by a lack of urgency to switch to solar energy and perceptions of greater reliability from conventional sources.

COVID-19 Impact:

The COVID-19 pandemic had a significant effect on the residential solar inverter market, leading to supply chain disruptions, installation delays, and decreased consumer spending. Project delays and cancellations affected manufacturing and distribution because of lockdowns, travel restrictions, and economic uncertainty. Although the pandemic made resilient energy sources more important, the market's expansion was hampered by the initial installation slowdown and financial limitations. However, a renewed interest in residential solar solutions and their essential components, such as solar inverters, is being driven by increased awareness of the advantages of renewable energy, which is occurring as economies recover and the focus on clean energy increases.

The string inverters segment is expected to be the largest during the forecast period

During the anticipated period, the residential solar inverter market will be dominated by the segment of string inverters. Moreover, due to their low cost, simple installation, and suitability for various residential solar setups, string inverters are widely used. They are especially well-liked in residential settings where a line of solar panels is linked to a single inverter, streamlining the system design and lowering overall installation costs.

The residential segment is expected to have the highest CAGR during the forecast period

The residential segment is anticipated to have the highest CAGR in the solar energy market during the forecast period. Moreover, this growth is due to a number of factors, including rising consumer awareness of environmental sustainability, falling solar equipment prices, government incentives, and rising homeowner interest in energy independence. The segment has rapidly expanded in part because smaller-scale residential solar systems, which include solar panels and inverters, are simple to install.

Region with largest share:

The largest market share for residential solar inverters is held by the Asia-Pacific region during the forecast period. With the help of aggressive renewable energy targets, supportive governmental policies, and rising public awareness of sustainable energy options, nations like China, Japan, India, and Australia have been at the forefront of this growth. Moreover, the region is a major hub for residential solar installations and the associated market for solar inverters due to its expanding middle class, rapid urbanization, and growing population. These factors have all contributed to an increase in demand for clean energy sources.

Region with highest CAGR:

The residential solar inverter market has experienced the highest CAGR during the forecast period in the North America region, which includes the United States and Canada. This growth is fuelled by rising environmental consciousness, financial incentives from the government, falling solar panel prices, and improvements in energy storage technologies. Additionally, residential solar installations have increased significantly, increasing the demand for solar inverters as a result of the area's commitment to reducing carbon emissions and switching to renewable energy sources.

Key players in the market:

Some of the key players in Residential Solar (PV) Inverter market include: Schneider Electric SE, General Electric, Altenergy Power System, Inc., Huawei Technologies Co., Ltd., SolarEdge Technologies, Inc., Darfon Electronics Corp., ABB Ltd, Toshiba Mitsubishi-Electric Industrial Systems Corporation, Hitachi Hi-Rel Power Electronics Private Limited, SMA Solar Technology AG, Siemens AG, Mitsubishi Electric Corporation, GoodWe, Sineng Electric Co., Ltd., Omron Corporation, Shenzhen Sofarsolar co., Ltd, Delta Electronics, Tabuchi Electric Co., Ltd., Panasonic Corporation and Eaton SolarEdge Technologies.

Key Developments:

In August 2023, GE Vernova's Digital business today announced that it has signed a multi-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) designed to help industrial companies and utilities accelerate digital transformation using cloud-based Proficy software solutions.

In August 2023, Schneider Electric, a specialist in energy management and automation, has announced a partnership agreement with MK: U, part of Cranfield University. Schneider Electric is investing with MK: U to train its degree apprentices in the coming years. Courses will include digital technology and solutions, cybersecurity, and a range of digital engineering options.

In August 2023, Huawei and Ericsson have signed a long-term global patent cross-licensing agreement that covers patents essential to a wide range of standards such as 3GPP, ITU, IEEE, and IETF standards for 3G, 4G, and 5G cellular technologies. The agreement covers the companies' respective sales of network infrastructure and consumer devices, granting both parties global access to each other's patented, standardized technologies.

Products Covered:

• String Inverter
• Micro-Inverter
• Central Inverter
• Other Products

Phases Covered:

• Single Phase
• Three Phase
• Other Phases

Connections Covered:

• On-grid
• Off-grid
• Other Connections

End Users Covered:

• Residential
• Commercial
• Utilities
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Residential Solar (PV) Inverter Market, By Product

• 5.1 Introduction
• 5.2 String Inverter
• 5.3 Micro-Inverter
• 5.4 Central Inverter
• 5.5 Other Products

6 Global Residential Solar (PV) Inverter Market, By Phase

• 6.1 Introduction
• 6.2 Single Phase
• 6.3 Three Phase
• 6.4 Other Phases

7 Global Residential Solar (PV) Inverter Market, By Connection

• 7.1 Introduction
• 7.2 On-grid
• 7.3 Off-grid
• 7.4 Other Connections

8 Global Residential Solar (PV) Inverter Market, By End User

• 8.1 Introduction
• 8.2 Residential
• 8.3 Commercial
• 8.4 Utilities
• 8.5 Other End Users

9 Global Residential Solar (PV) Inverter Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Schneider Electric SE
• 11.2 General Electric
• 11.3 Altenergy Power System, Inc.
• 11.4 Huawei Technologies Co., Ltd.
• 11.5 SolarEdge Technologies, Inc.
• 11.6 Darfon Electronics Corp.
• 11.7 ABB Ltd
• 11.8 Toshiba Mitsubishi-Electric Industrial Systems Corporation
• 11.9 Hitachi Hi-Rel Power Electronics Private Limited
• 11.10 SMA Solar Technology AG
• 11.11 Siemens AG
• 11.12 Mitsubishi Electric Corporation
• 11.13 GoodWe
• 11.14 Sineng Electric Co., Ltd.
• 11.15 Omron Corporation
• 11.16 Shenzhen Sofarsolar co., Ltd
• 11.17 Delta Electronics
• 11.18 Tabuchi Electric Co., Ltd.
• 11.19 Panasonic Corporation
• 11.20 Eaton SolarEdge Technologies