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Inverter Market by Type (Solar Inverters, Vehicle Inverter, others), Output Power Rating (Upto 10 kW, 10-50 kW, 51-100 kW, above 100 kW), End User (PV Plants, Residential, Automotive), Connection, Voltage, Sales Channel & Region - Global Forecast to 2027

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Date: 02-Jun-2022
No. of pages: 223
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“The inverter market is projected to grow at a CAGR of 15.7% from 2022 to 2027”

The inverter market is anticipated to grow from an estimated USD 16.3 billion in 2022 to USD 33.8 billion in 2027, at a CAGR of 15.7% during the forecast period. The market has a promising growth potential due to increased deployment of solar inverters, especially in Asia Pacific. The increasing investments in the renewable energy sector and supportive government initiatives and schemes is propelling demand for inverters. Countries targets on climate change to achieve net-zero goals are shifting them towards sustainability development which increased the demand for electric vehicles and also technological advancements in developing high-power density inverters for various end user applications are expected to offer lucrative opportunities for the inverter market during the forecast period.

“Vehicle inverters: The fastest-growing segment of the inverter market, by inverter type“

The inverter type segment is categorized as solar inverters, vehicle inverters, and others. The others segment include UPS and battery inverters. Major requirement for the on-board electronic applications in the automobiles, growing concerns on government ambitious EV targets in the countries and the supporting policies which have lowered the costs of electric vehicles is expected to fuel the growth of the segment during the forecast period.

“Residential segment is expected to emerge as the largest segment based on end user”

The inverter market has been segmented on the basis of end-user industry into residential, automotive, photovoltaic (PV) plants, and others. The others segment includes commercial, industrial, and utilities. The residential segment is expected to hold the largest market share owing to the increased installations of roof top solar PV systems. Emerging markets such asAsia Pacific, South America, Middle East and Africa, and Europe are expected to be the main drivers of this growth, supported by the government supporting schemes which are providing subsidies for the installations.

“North America is expected to be the second largest and fastest growing market during the forecast period.”

North America is expected to be the second-fastest growing market due to the growing awareness among various sectors on benefits of solar PV installations. Stringent emission norms on vehicles and shift towards sustainable transportation through electric vehicles. Thus propelling the growth of inverters in this region.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:


  • By Company Type: Tier 1-47.2%, Tier 2-30.7%and Tier 3-22.1%

  • By Designation: C-Level- 42.1%, Managers- 39.6%, and Others- 18.3%

  • By Region: North America-35%, Europe- 20%, Asia Pacific- 30%, the Middle East& Africa-10%, and South America-5%


Note: Others include product engineers, product specialists, and engineering leads.

Note: The tiers of the companies are defined on the basis of their total revenues as of 2021. Tier 1:>USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3:< USD 500 million

The inverter market is dominated by a few major players that have a wide regional presence. The leading players in the inverter market are Huawei Technologies (China), Sungrow Power Supply (China), SMA Solar Technology (Germany), Power Electronics (Spain), FIMER (Italy).

Research Coverage:

The report defines, describes, and forecasts the global inverter market, by inverter type, output power rating, output voltage, sales channel, connection type, end-users,and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the inverter market.

Key Benefits of Buying the Report


  • The report identifies and addresses the key markets for inverter, which would help equipment manufacturers review the growth in demand.

  • The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.

  • The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.

Inverter Market by Type (Solar Inverters, Vehicle Inverter, others), Output Power Rating (Upto 10 kW, 10-50 kW, 51-100 kW, above 100 kW), End User (PV Plants, Residential, Automotive), Connection, Voltage, Sales Channel & Region - Global Forecast to 2027

Table Of Contents

1 Introduction
1.1 Study Objectives
1.2 Definition
1.2.1 Inverter Market, By Output Power Rating: Inclusions And Exclusions
1.2.2 Inverter Market, By End User: Inclusions And Exclusions
1.2.3 Inverter Market, By Type: Inclusions And Exclusions
1.2.4 Inverter Market, By Output Voltage: Inclusions And Exclusions
1.2.5 Inverter Market, By Connection Type: Inclusions And Exclusions
1.2.6 Inverter Market, By Sales Channel: Inclusions And Exclusions
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regional Scope
1.3.3 Years Considered
1.4 Currency
1.5 Limitations
1.6 Stakeholders
1.7 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Inverter Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Data From Primary Insides
2.1.2.3 Breakdown Of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach For Arriving At Market Size Using Bottom-Up Approach (Demand Side)
Figure 2 Inverter Market Bottom-Up Approach
2.2.2 Top-Down Approach
2.2.2.1 Approach For Arriving At Market Size Using Top-Down Approach (Supply Side)
Figure 3 Inverter Market Top-Down Approach
Figure 4 Market Size Estimation Methodology: Based On Supply Side Analysis
2.3 Market Breakdown And Data Triangulation
Figure 5 Data Triangulation
2.4 Key Assumptions
Figure 6 Assumptions For Research Study
2.5 Forecast

3 Executive Summary
Table 1 Inverter Market Snapshot
Figure 7 Solar Inverter Segment To Lead Inverter Market, By Type, During Forecast Period
Figure 8 100–300 V Segment To Lead Inverter Market, By Output Voltage, During Forecast Period
Figure 9 Below 10 Kw Segment To Lead Inverter Market, By Power Rating, During Forecast Period
Figure 10 Grid-Tied Segment To Lead Inverter Market, By Connection Type, During Forecast Period
Figure 11 Indirect Segment To Lead Inverter Market, By Sales Channel, During Forecast Period
Figure 12 Residential Segment To Lead Inverter Market, By End User, During Forecast Period
Figure 13 Asia Pacific To Dominate Inverter Market During Forecast Period

4 Premium Insights
4.1 Attractive Opportunities In Inverter Market
Figure 14 Government-Led Initiatives Related To Pv Plants And Automotive Industry To Drive Growth Of Inverter Market During Forecast Period
4.2 Inverter Market, By Region
Figure 15 Asia Pacific Inverter Market To Register Highest Cagr During Forecast Period
4.3 Inverter Market, By Type
Figure 16 Solar Inverter Segment Dominated Inverter Market In 2021
4.4 Inverter Market, By Output Voltage
Figure 17 100–300 V Segment Dominated Inverter Market In 2021
4.5 Inverter Market, By Power Rating
Figure 18 Below 10 Kw Segment Held Largest Share Of Inverter Market In 2021
4.6 Inverter Market, By Connection Type
Figure 19 Grid-Tied Segment Held Larger Share Of Inverter Market In 2021
4.7 Inverter Market, By Sales Channel
Figure 20 Indirect Sales Segment Held Larger Share Of Inverter Market In 2021
4.8 Inverter Market, By End User
Figure 21 Residential Segment Dominated Inverter Market In 2021

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 22 Inverter Market: Drivers, Restraints, Opportunities, And Challenges
5.2.1 Drivers
5.2.1.1 Increasing Investments In Renewable Energy Sector
Figure 23 Global Net Solar Capacity Addition (Gw)
Figure 24 Global Investments In Renewable Energy Sources In 2019 (Usd Billion)
5.2.1.2 Rising Number Of Solar Installations Attributed To Government-Led Incentives And Schemes
5.2.1.3 Growing Demand For Residential Solar Rooftop Installations And Distributed Energy Resources (Ders)
5.2.2 Restraints
5.2.2.1 Safety Risks Associated With High Dc Voltages
5.2.2.2 Strain On Batteries Due To Prolonged Use Of Inverters
5.2.3 Opportunities
5.2.3.1 Growing Demand For Electric Vehicles
5.2.3.2 Increasing Investments In Development Of Smart Grids
5.2.3.3 Technological Innovations In Inverters And Development Of High-Power Density Inverters
5.2.4 Challenges
5.2.4.1 Availability Of Low-Quality And Cheap Products In Gray Market And Pricing Pressure On Manufactures
5.2.4.2 Shortage Of Components And Parts Due To Covid-19 Crisis
Table 2 Region/Country-Wise Percentage Deviation From Benchmarks Due To Covid-19
5.3 Porter’s Five Forces Analysis
Table 3 Inverter Market: Porter’s Five Forces Analysis
Figure 27 Porter’s Five Forces Analysis
5.3.1 Threat Of Substitutes
5.3.2 Bargaining Power Of Suppliers
5.3.3 Bargaining Power Of Buyers
5.3.4 Threat Of New Entrants
5.3.5 Intensity Of Competitive Rivalry
5.4 Key Stakeholders And Buying Criteria
5.4.1 Key Stakeholders In Buying Process
Figure 28 Influence Of Stakeholders In Buying Process, By End User
Table 4 Influence Of Stakeholders In Buying Process, By End User (%)
5.4.2 Buying Criteria
Figure 29 Key Buying Criteria For End Users
Table 5 Key Buying Criteria, By End User
5.5 Covid-19 Impact Analysis
5.5.1 Covid-19 Health Assessment
Figure 30 Covid-19 Global Propagation
Figure 31 Covid-19 Propagation In Selected Countries
5.5.2 Covid-19 Economic Assessment
Figure 32 Revised Gdp Forecasts For Selected G20 Countries In 2020
5.6 Average Selling Price Trend
Figure 33 Average Selling Prices Of Inverters Of Different Output Power Ratings
Table 6 Average Selling Prices Of Inverters Of Different Output Power Ratings (Usd)
5.7 Value Chain Analysis
Figure 34 Inverter Market Value Chain
5.7.1 Research And Development
5.7.2 Component Providers
5.7.3 Manufacturers/Assemblers
5.7.4 System Integrators And Distributors
5.7.5 End Users
5.7.6 Post-Sales Services
5.8 Trends/Disruptions Impacting Customers’ Businesses
5.8.1 Revenue Shift And New Revenue Pockets For Inverter Manufacturers
Figure 35 Revenue Shift For Inverters
5.9 Technology Analysis
5.9.1 Z-Source Inverter
5.9.2 Solar Micro-Inverter
5.10 Key Conferences And Events Between 2022 And 2023
Table 7 Inverter Market: Detailed List Of Conferences & Events
5.11 Market Map
Figure 36 Market Map For Inverter
5.12 Innovations And Patent Registrations
Table 8 Inverter Market: Patents & Innovations
5.13 Trade Data Statistics
Table 9 Electrical Static Converter Market: Import Statistics, 2018–2021 (Usd Million)
Table 10 Electrical Static Converter Market: Export Statistics, 2018–2021 (Usd Million)
5.14 Case Study Analysis
5.14.1 Sungrow Provides Turnkey Solution To Solar Power Plant In Bargas, Spain, 2021
5.14.2 Man Trucks & Buses, South Africa, Decided To Go Green With Goodwe Inverters, 2021
5.14.3 Fimer Provided Inverter To Five Mid-Large Scale Solar Farm Projects In Regional South Australia, 2021
5.15 Tariffs, Codes, And Regulations
5.15.1 Tariffs Related To Inverters
Table 11 Import Tariffs For Hs 850440, Electrical Static Converters
5.15.2 Regulatory Bodies, Government Agencies, And Other Organizations
Table 12 North America: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 13 Europe: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 14 Asia Pacific: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 15 Row: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 16 Global: List Of Regulatory Bodies, Government Agencies, And Other Organizations
5.15.3 Codes And Regulations Related To Inverters
Table 17 Global: Codes And Regulations

6 Inverter Market, By Output Power Rating
6.1 Introduction
Figure 37 Inverter Market Share, By Output Power Rating, 2021
Table 18 Inverter Market, By Output Power Rating, 2020–2027 (Usd Million)
6.2 Below 10 Kw
6.2.1 Rising Demand For Residential Invertors In Residential Sector To Fuel Market Growth
Table 19 Below 10 Kw: Inverter Market, By Region, 2020–2027 (Usd Million)
6.3 10–50 Kw
6.3.1 Expanding Commercial Sector To Fuel Demand For Inverters With 10–50 Kw Output Power Rating
Table 20 10–50 Kw: Inverter Market, By Region, 2020–2027 (Usd Million)
6.4 50–100 Kw
6.4.1 Growing Demand For Solar Inverters In Pv Plants And Various Industries To Boost Market Growth
Table 21 50–100 Kw: Inverter Market, By Region, 2020–2027 (Usd Million)
6.5 Above 100 Kw
6.5.1 Rising Number Of Pv Plants And Expanding Automotive Industry To Drive Market Growth
Table 22 Above 100 Kw: Inverter Market, By Region, 2020–2027 (Usd Million)

7 Inverter Market, By Output Voltage
7.1 Introduction
Figure 38 Inverter Market Share, By Output Voltage, 2021
Table 23 Inverter Market, By Output Voltage, 2020–2027 (Usd Million)
7.2 100–300 V
7.2.1 Rising Electricity Demand To Drive Market Growth
Table 24 100–300 V: Inverter Market, By Region, 2020–2027 (Usd Million)
7.3 300–500 V
7.3.1 Requirement For Uninterrupted Power Supply In Commercial Sector And Various Industries To Drive Market Growth
Table 25 300–500 V: Inverter Market, By Region, 2020–2027 (Usd Million)
7.4 Above 500 V
7.4.1 Rising Investments In Development Of On-Grid Pv Plants To Drive Market Growth
Table 26 Above 500 V: Inverter Market, By Region, 2020–2027 (Usd Million)

8 Inverter Market, By End User
8.1 Introduction
Figure 39 Inverter Market Share, By End User, 2021
Table 27 Inverter Market, By End User, 2020–2027 (Usd Million)
8.2 Residential
8.2.1 Government-Led Initiatives To Promote Installation Of Rooftop Solar Systems To Drive Market Growth
Table 28 Residential: Inverter Market, By Region, 2020–2027 (Usd Million)
8.3 Automotive
8.3.1 Growing Adoption Of Electric Vehicles As New Mode Of Transportation To Fuel Demand For Vehicle Inverters
Table 29 Automotive: Inverter Market, By Region, 2020–2027 (Usd Million)
8.4 Photovoltaic (Pv) Plants
8.4.1 Increasing Renewable Energy Policies In Several Countries To Fuel Market Growth
Table 30 Photovoltaic (Pv) Plant: Inverter Market, By Region, 2020–2027 (Usd Million)
8.5 Others
Table 31 Others: Inverter Market, By Region, 2020–2027 (Usd Million)

9 Inverter Market, By Type
9.1 Introduction
Figure 40 Inverter Market Share, By Type, 2021
Table 32 Inverter Market, By Type, 2020–2027 (Usd Million)
Table 33 Inverter Market, By Type, 2020–2027 (Thousand Units)
9.2 Solar Inverter
Table 34 Solar Inverter: Inverter Market, By Type, 2020–2027 (Usd Million)
9.2.1 Central Inverter
9.2.1.1 Rising Demand For Central Inverters In Pv Plants To Drive Market Growth
Table 35 Central Inverter: Inverter Market, By Region, 2020–2027 (Usd Million)
9.2.2 String Inverter
9.2.2.1 Rising Installation Of Solar Panels In Residential And Commercial Sectors To Boost Market Growth
Table 36 String Inverter: Inverter Market, By Region, 2020–2027 (Usd Million)
9.2.3 Micro-Inverter
9.2.3.1 Increasing Demand For Micro-Inverters In Residential Sector To Fuel Market Growth
Table 37 Micro-Inverter: Inverter Market, By Region, 2020–2027 (Usd Million)
9.2.4 Hybrid Inverter
9.2.4.1 High-Performance Feature Of Hybrid Inverters Is Driving Market Growth
Table 38 Hybrid Inverter: Inverter Market, By Region, 2020–2027 (Usd Million)
9.3 Vehicle Inverter
Table 39 Vehicle Inverter: Inverter Market, By Type, 2020–2027 (Usd Million)
9.3.1 Battery Electric Vehicle (Bev)
9.3.1.1 Favorable Government Policies Regarding Ev Vehicles Globally To Drive Market Growth
Table 40 Battery Electric Vehicle: Inverter Market, By Region, 2020–2027 (Usd Million)
9.3.2 Hybrid Electric Vehicle (Hev)
9.3.2.1 Multi-Functional Program In Hybrid Electric Vehicles To Drive Market Growth
Table 41 Hybrid Electric Vehicle: Inverter Market, By Region, 2020–2027 (Usd Million)
9.3.3 Plug-In Hybrid Electric Vehicle (Phev)
9.3.3.1 Increasing Demand For Ev Vehicles To Fuel Market Growth
Table 42 Plug-In Hybrid Electric Vehicle: Inverter Market, By Region, 2020–2027 (Usd Million)
9.4 Others
Table 43 Others: Inverter Market, By Region, 2020–2027 (Usd Million)

10 Inverter Market, By Connection Type
10.1 Introduction
Figure 41 Inverter Market Share, By Connection Type, 2021
Table 44 Inverter Market, By Connection Type, 2020–2027 (Usd Million)
10.2 Standalone
10.2.1 Increasing Rural Electrification Programs In Several Regions To Boost Market Growth
Table 45 Standalone: Inverter Market, By Region, 2020–2027 (Usd Million)
10.3 Grid-Tied
10.3.1 Government-Led Initiatives To Increase Solar Energy Generation To Drive Growth Of Grid-Tied Inverter Market
Table 46 Inverter Market, By Grid-Tied, 2020–2027 (Usd Million)
10.3.2 Conventional Inverter
10.3.2.1 Rise In Installation Of Solar Pv Systems In Residential And Commercial Sectors To Drive Market Growth
Table 47 Conventional Inverter: Inverter Market, By Region, 2020–2027 (Usd Million)
10.3.3 Smart Inverter
10.3.3.1 Technological Advancements In Grid-Tied Inverters To Drive Market Growth
Table 48 Smart Inverter: Inverter Market, By Region, 2020–2027 (Usd Million)

11 Inverter Market, By Sales Channel
11.1 Introduction
Figure 42 Inverter Market Share, By Sales Channel, 2021
Table 49 Inverter Market, By Sales Channel, 2020–2027 (Usd Million)
11.2 Direct Sales Channel
11.2.1 Rising Preference For Directly Procuring Vehicle Inverters Among Automobile Manufacturers To Drive Market Growth
Table 50 Direct Sales Channel: Inverter Market, By Region, 2020–2027 (Usd Million)
11.3 Indirect Sales Channel
11.3.1 Increasing Sale Of Inverters In Residential Sector And Pv Plants Through Indirect Channels To Drive Market Growth
Table 51 Indirect Sales Channel: Inverter Market, By Region, 2020–2027 (Usd Million)

12 Inverter Market, By Region
12.1 Introduction
Figure 43 Inverter Market, By Region, 2021 (%)
Figure 44 Asia Pacific Inverter Market To Register Highest Cagr From 2022 To 2027
Table 52 Inverter Market, By Region, 2020–2027 (Usd Million)
Table 53 Inverter Market, By Region, 2020–2027 (Thousand Units)
12.2 Asia Pacific
Figure 45 Snapshot: Inverter Market In Asia Pacific
12.2.1 By Output Power Rating
Table 54 Asia Pacific: Inverter Market, By Output Power Rating, 2020–2027 (Usd Million)
12.2.2 By Output Voltage
Table 55 Asia Pacific: Inverter Market, By Output Voltage, 2020–2027 (Usd Million)
12.2.3 By End User
Table 56 Asia Pacific: Inverter Market, By End User, 2020–2027 (Usd Million)
12.2.4 By Type
Table 57 Asia Pacific: Inverter Market, By Type, 2020–2027 (Usd Million)
12.2.5 By Connection Type
Table 58 Asia Pacific: Inverter Market, By Connection Type, 2020–2027 (Usd Million)
12.2.6 By Sales Channel
Table 59 Asia Pacific: Inverter Market, By Sales Channel, 2020–2027 (Usd Million)
12.2.7 By Country
Table 60 Asia Pacific: Inverter Market, By Country, 2020–2027 (Usd Million)
12.2.7.1 China
12.2.7.1.1 Rising Electricity Demand In Various Sectors And Presence Of Favorable Government Policies To Fuel Demand For Solar Inverters
Table 61 China: Inverter Market, By End User, 2020–2027 (Usd Million)
12.2.7.2 India
12.2.7.2.1 Rise In Number Of Solar Rooftop Installations And Increasing Power Shortage To Fuel Demand For Inverters In India
Table 62 India: Inverter Market, By End User, 2020–2027 (Usd Million)
12.2.7.3 Australia
12.2.7.3.1 Presence Of Favorable Government Policies For Solar Energy Generation To Boost Growth Of Solar Inverter Market In Australia
Table 63 Australia: Inverter Market, By End User, 2020–2027 (Usd Million)
12.2.7.4 Japan
12.2.7.4.1 Increasing Investments In Residential And Pv Utility-Scale Sectors To Drive Market Growth
Table 64 Japan: Inverter Market, By End User, 2020–2027 (Usd Million)
12.2.7.5 Rest Of Asia Pacific
Table 65 Rest Of Asia Pacific: Inverter Market, By End User, 2020–2027 (Usd Million)
12.3 North America
Figure 46 Snapshot: Inverter Market In North America
12.3.1 By Output Power Rating
Table 66 North America: Inverter Market, By Output Power Rating, 2020–2027 (Usd Million)
12.3.2 By Output Voltage
Table 67 North America: Inverter Market, By Output Voltage, 2020–2027 (Usd Million)
12.3.3 By End User
Table 68 North America: Inverter Market, By End User, 2020–2027 (Usd Million)
12.3.4 By Type
Table 69 North America: Inverter Market, By Type, 2020–2027 (Usd Million)
12.3.5 By Connection Type
Table 70 North America: Inverter Market, By Connection Type, 2020–2027 (Usd Million)
12.3.6 By Sales Channel
Table 71 North America: Inverter Market, By Sales Channel, 2020–2027 (Usd Million)
12.3.7 By Country
Table 72 North America: Inverter Market, By Country, 2020–2027 (Usd Million)
12.3.7.1 Us
12.3.7.1.1 Increasing Developments In Solar Energy Field And Favorable Government Policies To Drive Growth Of Solar Inverter Market In Us
Table 73 Us: Inverter Market, By End User, 2020–2027 (Usd Million)
12.3.7.2 Canada
12.3.7.2.1 Rise In Residential Pv Installations And Supportive Government Policies To Drive Market Growth
Table 74 Canada: Inverter Market, By End User, 2020–2027 (Usd Million)
12.3.7.3 Mexico
12.3.7.3.1 Increased Deployment Of Clean Energy Sources In Mexico To Fuel Market Growth
Table 75 Mexico: Inverter Market, By End User, 2020–2027 (Usd Million)
12.4 Europe
12.4.1 By Output Power Rating
Table 76 Europe: Inverter Market, By Output Power Rating, 2020–2027 (Usd Million)
12.4.2 By Output Voltage
Table 77 Europe: Inverter Market, By Output Voltage, 2020–2027 (Usd Million)
12.4.3 By End User
Table 78 Europe: Inverter Market, By End User, 2020–2027 (Usd Million)
12.4.4 By Type
Table 79 Europe: Inverter Market, By Type, 2020–2027 (Usd Million)
12.4.5 By Connection Type
Table 80 Europe: Inverter Market, By Connection Type, 2020–2027 (Usd Million)
12.4.6 By Sales Channel
Table 81 Europe: Inverter Market, By Sales Channel, 2020–2027 (Usd Million)
12.4.7 By Country
Table 82 Europe: Inverter Market, By Country, 2020–2027 (Usd Million)
12.4.7.1 Germany
12.4.7.1.1 Growing Automotive Industry And Rising Adoption Of Renewable Energy To Drive Market Growth In Germany
Table 83 Germany: Inverter Market, By End User, 2020–2027 (Usd Million)
12.4.7.2 Uk
12.4.7.2.1 Increasing Investments In Battery Production And Solar Power Generation To Drive Market Growth
Table 84 Uk: Inverter Market, By End User, 2020–2027 (Usd Million)
12.4.7.3 Italy
12.4.7.3.1 Rising Establishment Of Large-Scale Pv Plants To Fuel Market Growth
Table 85 Italy: Inverter Market, By End User, 2020–2027 (Usd Million)
12.4.7.4 France
12.4.7.4.1 Rising Demand For Solar Inverters In Pv Plants To Propel Market Growth
Table 86 France: Inverter Market, By End User, 2020–2027 (Usd Million)
12.4.7.5 Spain
12.4.7.5.1 Expanding Automotive Industry To Drive Market Growth
Table 87 Spain: Inverter Market, By End User, 2020–2027 (Usd Million)
12.4.7.6 Rest Of Europe
Table 88 Rest Of Europe: Inverter Market, By End User, 2020–2027 (Usd Million)
12.5 Middle East & Africa
12.5.1 By Output Power Rating
Table 89 Middle East & Africa: Inverter Market, By Output Power Rating, 2020–2027 (Usd Million)
12.5.2 By Output Voltage
Table 90 Middle East & Africa: Inverter Market, By Output Voltage, 2020–2027 (Usd Million)
12.5.3 By End User
Table 91 Middle East & Africa: Inverter Market, By End User, 2020–2027 (Usd Million)
12.5.4 By Type
Table 92 Middle East & Africa: Inverter Market, By Type, 2020–2027 (Usd Million)
12.5.5 By Connection Type
Table 93 Middle East & Africa: Inverter Market, By Connection Type, 2020–2027 (Usd Million)
12.5.6 By Sales Channel
Table 94 Middle East & Africa: Inverter Market, By Sales Channel, 2020–2027 (Usd Million)
12.5.7 By Country
Table 95 Middle East & Africa: Inverter Market, By Country, 2020–2027 (Usd Million)
12.5.7.1 Saudi Arabia
12.5.7.1.1 Increasing Power Generation From Solar Resources To Fuel Demand For Inverters
Table 96 Saudi Arabia: Inverter Market, By End User, 2020–2027 (Usd Million)
12.5.7.2 Uae
12.5.7.2.1 Rising Efforts To Develop Electricity Sector To Create Demand For Inverters In Uae
Table 97 Uae: Inverter Market, By End User, 2020–2027 (Usd Million)
12.5.7.3 South Africa
12.5.7.3.1 Expanding Automotive Industry And Development Of Pv Plants To Fuel Growth Of Inverter Market In South Africa
Table 98 South Africa: Inverter Market, By End User, 2020–2027 (Usd Million)
12.5.7.4 Rest Of Middle East & Africa
Table 99 Rest Of Middle East & Africa: Inverter Market, By End User, 2020–2027 (Usd Million)
12.6 South America
12.6.1 By Output Power Rating
Table 100 South America: Inverter Market, By Output Power Rating, 2020–2027 (Usd Million)
12.6.2 By Output Voltage
Table 101 South America: Inverter Market, By Output Voltage, 2020–2027 (Usd Million)
12.6.3 By End User
Table 102 South America: Inverter Market, By End User, 2020–2027 (Usd Million)
12.6.4 By Type
Table 103 South America: Inverter Market, By Type, 2020–2027 (Usd Million)
12.6.5 By Connection Type
Table 104 South America: Inverter Market, By Connection Type, 2020–2027 (Usd Million)
12.6.6 By Sales Channel
Table 105 South America: Inverter Market, By Sales Channel, 2020–2027 (Usd Million)
12.6.7 By Country
Table 106 South America: Inverter Market, By Country, 2020–2027 (Usd Million)
12.6.7.1 Brazil
12.6.7.1.1 Increasing Investments In Solar Energy Technology To Propel Demand For Inverters In Brazil
Table 107 Brazil: Inverter Market, By End User, 2020–2027 (Usd Million)
12.6.7.2 Argentina
12.6.7.2.1 Government Support To Promote Solar Energy Renewables To Fuel Market Growth
Table 108 Argentina: Inverter Market, By End User, 2020–2027 (Usd Million)
12.6.7.3 Rest Of South America
Table 109 Rest Of South America: Inverter Market, By End User, 2020–2027 (Usd Million)

13 Competitive Landscape
13.1 Key Player’s Strategies/Right To Win
Table 110 Overview Of Strategies Adopted By Top Players, January 2019 – March 2022
13.2 Market Share Analysis Of Top Five Players
Table 111 Inverter Market: Degree Of Competition
Figure 47 Inverter Market Share Analysis, 2021
13.3 Revenue Analysis Of Top 5 Market Players
Figure 48 Top Players In Inverter Market From 2017 To 2021
13.4 Company Evaluation Quadrant
13.4.1 Star
13.4.2 Pervasive
13.4.3 Emerging Leader
13.4.4 Participant
Figure 49 Inverter Market (Global) Company Evaluation Matrix, 2021
13.5 Startup/Sme Evaluation Quadrant, 2021
13.5.1 Progressive Company
13.5.2 Responsive Company
13.5.3 Dynamic Company
13.5.4 Starting Block
Figure 50 Inverter Market: Startup/Sme Evaluation Quadrant, 2021
13.5.5 Competitive Benchmarking
Table 112 Inverter Market: Detailed List Of Key Startups/Smes
Table 113 Inverter Market: Competitive Benchmarking Of Key Startups/Smes
13.6 Inverter Market: Company Footprint
Table 114 Type: Company Footprint
Table 115 Output Power Rating: Company Footprint
Table 116 By End User: Company Footprint
Table 117 Region: Company Footprint
Table 118 Company Footprint
13.7 Competitive Scenario
Table 119 Inverter Market: New Product Launches, September 2019–January 2022
Table 120 Inverter Market: Deals, November 2019–March 2022
Table 121 Inverter Market: Others, November 2021–April 2022

14 Company Profiles
(Business And Financial Overview, Products/Solutions/Services Offered, Recent Developments, Mnm View)*
14.1 Key Players
14.1.1 Huawei Technologies
Table 122 Huawei Technologies: Business Overview
Figure 51 Huawei Technologies: Company Snapshot, 2021
Table 123 Huawei Technologies: Products/Solutions/Services Offered
Table 124 Huawei Technologies: Product Launches
Table 125 Huawei Technologies: Deals
Table 126 Huawei Technologies: Others
14.1.2 Sungrow Power Supply Co., Ltd
Table 127 Sungrow Power Supply Co., Ltd: Business Overview
Figure 52 Sungrow Power Supply Co., Ltd: Company Snapshot, 2021
Table 128 Sungrow Power Supply Co., Ltd: Products/Solutions/Services Offered
Table 129 Sungrow Power Supply Co., Ltd: Product Launches
Table 130 Sungrow Power Supply Co., Ltd: Deals
Table 131 Sungrow Power Supply Co., Ltd: Others
14.1.3 Sma Solar Technology Ag
Table 132 Sma Solar Technology Ag: Business Overview
Figure 53 Sma Solar Technology Ag: Company Snapshot, 2021
Table 133 Sma Solar Technology Ag: Products/Solutions/Services Offered
Table 134 Sma Solar Technology Ag: Product Launches
Table 135 Sma Solar Technology Ag: Deals
Table 136 Sma Solar Technology Ag: Others
14.1.4 Power Electronics
Table 137 Power Electronics: Business Overview
Table 138 Power Electronics: Products/Solutions/Services Offered
Table 139 Power Electronics: Product Launches
14.1.5 Fimer
Table 140 Fimer: Business Overview
Table 141 Fimer: Products/Solutions/Services Offered
Table 142 Fimer: Product Launches
Table 143 Fimer: Deals
Table 144 Fimer: Others
14.1.6 Solaredge Technologies
Table 145 Solaredge Technologies: Company Overview
Figure 54 Solaredge Technologies: Company Snapshot, 2021
Table 146 Solaredge Technologies: Products/Solutions/Services Offered
Table 147 Solaredge Technologies: Product Launches
14.1.7 Fronius International
Table 148 Fronius International: Business Overview
Table 149 Fronius International: Products/Solutions/Services Offered
Table 150 Fronius International: Product Launches
Table 151 Fronius International: Deals
14.1.8 Altenergy Power System
Table 152 Altenergy Power System: Company Overview
Table 153 Altenergy Power System: Products/Solutions/Services Offered
Table 154 Altenergy Power System: Product Launches
14.1.9 Enphase Energy
Table 155 Enphase Energy: Company Overview
Figure 55 Enphase Energy: Company Snapshot, 2021
Table 156 Enphase Energy: Products/Solutions/Services Offered
Table 157 Enphase Energy: Product Launches
Table 158 Enphase Energy: Deals
14.1.10 Darfon Electronics Corporation
Table 159 Darfon Electronics Corporation: Company Overview
Figure 56 Dafron Electronics: Company Snapshot, 2020
Table 160 Darfon Electronics Corporation: Products/Solutions/Services Offered
Table 161 Darfon Electronics Corporation: Product Launches
14.1.11 Schneider Electric
Table 162 Schneider Electric: Business Overview
Figure 57 Schneider Electric: Company Snapshot, 2021
Table 163 Schneider Electric: Products/Solutions/Services Offered
Table 164 Schneider Electric: Deals
Table 165 Schneider Electric: Others
14.1.12 General Electric
Table 166 General Electric: Company Overview
Figure 58 General Electric: Company Snapshot, 2021
Table 167 General Electric: Products/Solutions/Services Offered
Table 168 General Electric: Product Launches
Table 169 General Electric: Others
14.1.13 Delta Electronics
Table 170 Delta Electronics: Company Overview
Figure 59 Delta Electronics: Company Snapshot, 2020
Table 171 Delta Electronics: Products/Solutions/Services Offered
Table 172 Delta Electronics: Product Launches
Table 173 Delta Electronics: Deals
Table 174 Delta Electronics Others
*Details On Business Overview, Products Offered, Recent Developments, Mnm View Might Not Be Captured In Case Of Unlisted Companies.
14.2 Other Players
14.2.1 Continental
14.2.2 Delphi Technologies
14.2.3 Sensata Technologies
14.2.4 Samlex Europe
14.2.5 Bestek
14.2.6 Goodwe
14.2.7 Tmeic
14.2.8 Yaskawa Solectria Solar
14.2.9 Kaco New Energy
14.2.10 Growatt New Energy
14.2.11 Tbea Xinjiang Sunoasis

15 Appendix
15.1 Insights Of Industry Experts
15.2 Discussion Guide
15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
15.4 Available Customizations
15.5 Related Reports
15.6 Author Details

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