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Solar Inverter Market

Market Insights on Solar Inverter covering sales outlook, demand forecast & up-to-date key trends

Solar Inverter Market By Type, System Type, Phase, End-Use & Region - Forecast 2022 - 2032

Solar Inverter Market Outlook (2022-2032)

[210 Pages Report] The global solar inverter market is forecast to grow year-on-year by 5.0% in 2022, reaching a valuation of about US$ 11 Bn in 2022. Increasing adoption of renewable energy sources for residential and commercial spaces is expected to fuel solar inverter sales at a 6% CAGR over the forecast period.

Global Solar Inverter Market Analysis (2021A)

US$ 10.5 Bn

Estimated Year Value (2022E)

US$ 11 Bn

Projected Market Valuation (2032F)

US$ 18.9 Bn

Value-based CAGR (2022-2032)

6.0%

Collective Value Share: Top 3 Countries (2022E)

37.5%

The global solar inverter market represents approximately 5.6% of the overall global solar industry market.

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2017-2021 Solar Inverter Market Historic Outlook Vs 2022-2032 Forecast

From 2017 to 2021, the solar inverter market grew at a CAGR of 3.8%. As per the report, sales are projected to increase at a 6% CAGR over the assessment period.

String inverters are the easiest to maintain since they are frequently installed in basements, garages, and other easily accessible locations.

Solar Inverter Market Download Report Brochure

These inverters are cost-effective and support strings across many roof planes. As it is a simpler system that performs a more fundamental job, a string inverter is considered to be more durable.

Which Factors are Boosting the Demand for Solar Inverter?

An inverter's primary role is to transform the direct current (DC) electricity generated by solar panels into alternating current (AC) power that may be used in homes and businesses or sent directly into the grid in front-of-the-meter installations (utility-scale solar arrays).

Smart inverters, the next generation of solar inverters, have progressed from one-way to two-way communication with the grid, aiding with grid-support activities. Smart inverters can execute certain grid-supportive functions like as voltage, frequency, communications, and controls thanks to modern software.

The capacity of smart inverters to ride through minor disruptions is one of their most essential grid help qualities (for example, voltage changes). Smart inverters can go into standby mode in the event of a voltage shift and monitor how long the disturbance lasts before turning off. This guarantees that voltage fluctuations on the grid are kept to a minimum as a result of dispersed resources shutting down completely and terminating power generation.

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How is High Popularity of Micro-Inverter Influencing Sales?

Micro inverters, as opposed to string inverters, are dispersed, with a tiny inverter positioned next to each solar panel. Instead of sending power from all panels to a single inverter for conversion, this technology converts DC to AC electricity immediately at the panel.

Micro inverters are an excellent solution for homes with a sophisticated solar array design or a roof with regular shade. They maximise the performance of each panel at the site to limit the impact of shade, and consumers can check the system’s output at each panel.

Another advantage of micro inverters is that they enable easy expansion of systems as each additional panel comes with its own inverter. A string inverter is typically scaled for the amount of panels that will be put initially, and it is not built to handle further energy generation.

The disadvantage of micro inverters is that they cost more than string inverters. Furthermore, because they are positioned on the roof, maintenance may be more difficult . Micro inverters are ideal for maximising energy production on a complex roof with panels facing different directions or in locations with shading difficulties.

Country-wise Insights

What is Driving the U.S. Solar Inverter Market?

“Increasing Awareness Regarding Renewable Energy in the U.S. Will Drive Sales of Solar Inverters”

In 2022, the solar inverter market in the U.S. is predicted to expand at a  5.2% CAGR. The development of new and innovative products by manufacturers operating in the U.S. will augment the growth in the market. According to the study, total sales in the U.S. market will reach US$ 2.7 Bn by the end of 2032.

How is the Japan Solar Inverter Market Faring?

“Growing Demand for Solar Inverters in Japan Will Fuel Growth”

Japan is predicted to account for a dominant share in the East Asia solar inverters market, with sales projected to increase at a 6.0% CAGR. The presence of some of the world's largest manufacturers, along with the implementation of stringent regulations regarding energy consumption in the country will boost sales in the forthcoming years. The Japan market will surpass a valuation of  US$ 786 Mn by 2032.  

Why is the Demand for the Solar Inverters is Rising in India?

“Rising Preference for Cost Effective Inverters in India Will Spur Demand for Solar Inverters”

As per FMI, sales in the India market are anticipated to rise at a 7% CAGR over the forecast period. High demand for energy-efficient inverters in India is expected to augment the growth in the market in the forthcoming years. By the end of 2032, total demand in India will exceed a valuation of US$ 827.6 Mn.

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Category-wise Insights

Which is the Most Preferred Product Type?

“Demand for Central Inverters to Remain High”

A string inverter's intricacy might slow down system responsiveness. Latency is observed when more devices are connected and controlled. Hence, central inverters are more preferred over string inverters. As per the report, the central inverters segment is projected to create an absolute dollar opportunity of more than US$ 6.4 Bn between 2022 and 2032.

Which is the Leading Industry in the Global Solar Inverters Market?

“Sales of Solar Inverters in the Residential Sector to Gain Traction”

The need for solar inverter in the residential is increasing due to growing demand for renewable energy sources such as solar power. The residential segment is expected to generate an absolute dollar opportunity of more than US$ 4.1 Bn between 2022 and 2032.

Competitive Landscape

Manufacturers operating in the global solar inverters market are investing in mergers, acquisitions and collaborations to expand their global presence. They are also investing in research and development to improve their product portfolios.

Scope of Report

Attribute

Details

Forecast Period

2022-2032

Historical Data Available for

2017-2021

Market Analysis

US$ Billion for Value and Units for Volume

Key Regions Covered

North America, Latin America, Europe, East Asia, South Asia Pacific, and The Middle East and Africa

Key Countries Covered

The U.S., Canada, Mexico, Brazil, Germany, Italy, France, the U.K., Spain, Russia, Turkey, South Africa, GCC Countries, Northern Africa, Japan, China, South Korea, India, ASEAN, Australia, and New Zealand.

Key Segments Covered

Type, System Type, Phase, End-Use, and Region

Key Companies Profiled

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Global Solar Inverter Market by Category

By Type:

  • Central Inverter
  • Micro-Inverter
  • String Inverter

By System Type:

  • Off Grid
  • On Grid

By Phase:

  • Single Phase
  • Three Phase

By End-Use:

  • Residential
  • Commercial and Industrial
  • Utilities

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • The Middle East and Africa

Frequently Asked Questions

The global solar invertor market is expected to total US$ 11 Bn in 2022.

The demand for solar inverters increased at a 3.8% CAGR between 2017 to 2021.

Schneider Electric, Siemens AG, Fimer Group, SMA Solar Technologies, Omron Corporation, ABB Ltd., Mitsubishi Electric, SunPower Corporation, and others are the leading market players. They collectively account for 55% to 65% of the global market share.

The demand in China is expected to increase at a 5.7 % CAGR over the forecast period.

Implementation of solar inverter in the residential segment is forecast to hold 55.6% of the total market share over the forecast period.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Technology Roadmap

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Product Innovation / Development Trends

4. Key Success Factors

    4.1. Product Adoption / Usage Analysis

    4.2. Product USPs / Features

    4.3. Strategic Promotional Strategies

5. Global Solar Inverter Market Demand Analysis 2017–2020 and Forecast, 2021–2031

    5.1. Historical Market Volume (Units) Analysis, 2017–2020

    5.2. Current and Future Market Volume (Units) Projections, 2021–2031

    5.3. Y-o-Y Growth Trend Analysis

6. Global Solar Inverter Market - Pricing Analysis

    6.1. Regional Pricing Analysis by Type

    6.2. Global Average Pricing Analysis Benchmark

7. Global Solar Inverter Market Demand (in Value or Size in US$ Mn) Analysis 2017–2020 and Forecast, 2021–2031

    7.1. Historical Market Value (US$ Mn) Analysis, 2017–2020

    7.2. Current and Future Market Value (US$ Mn) Projections, 2021–2031

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Market Background

    8.1. Macro-Economic Factors

        8.1.1. Global GDP Growth Outlook

        8.1.2. Global Manufacturing Value Added

        8.1.3. Global Renewable Market Outlook

        8.1.4. Parent Market Overview

        8.1.5. Other Key Macro-Economic Factors

    8.2. Forecast Factors - Relevance & Impact

        8.2.1. Historic Growth Rate of Companies.

        8.2.2. Aftermarket Growth Outlook

        8.2.3. Rising Demand for Renewable Energy

        8.2.4. Regulatory impact

        8.2.5. Other Key Forecast Factors

    8.3. Value Chain

        8.3.1. List of Manufacturers

        8.3.2. List of Distributors

    8.4. COVID-19 Crisis – Impact Assessment

        8.4.1. Current Statistics

        8.4.2. Short-Mid-Long Term Outlook

        8.4.3. Likely Rebound

    8.5. Market Dynamics

        8.5.1. Drivers

        8.5.2. Restraints

        8.5.3. Opportunity Analysis

    8.6. Global Supply Demand Analysis

9. Global Solar Inverter Market Analysis 2017–2020 and Forecast 2021–2031, By Type

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Mn) and Volume Analysis By Type, 2017–2020

    9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Type, 2021–2031

        9.3.1. Central Inverter

        9.3.2. Micro-Inverter

        9.3.3. String Inverter

    9.4.  Market Attractiveness Analysis By Type

10. Global Solar Inverter Market Analysis 2017–2020 and Forecast 2021–2031, By System Type

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Mn) and Volume Analysis By System Type, 2017–2020

    10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By System Type, 2021–2031

        10.3.1. Off Grid

        10.3.2. On Grid

    10.4.   Market Attractiveness Analysis By System Type

11. Global Solar Inverter Market Analysis 2017–2020 and Forecast 2021–2031, By Phase

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Mn) and Volume Analysis By Phase, 2017–2020

    11.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Phase, 2021–2031

        11.3.1. Single Phase

        11.3.2. Three Phase

    11.4.  Market Attractiveness Analysis By Phase

12. Global Solar Inverter Market Analysis 2017–2020 and Forecast 2021–2031, By End-Use

    12.1. Introduction / Key Findings

    12.2. Historical Market Size (US$ Mn) and Volume Analysis By End-Use, 2017–2020

    12.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By End-Use, 2021–2031

        12.3.1. Residential

        12.3.2. Commercial and Industrial

        12.3.3. Utilities

    12.4.  Market Attractiveness Analysis By End-Use

13. Global Solar Inverter Market Analysis 2017–2020 and Forecast 2021–2031, by Region

    13.1. Introduction

    13.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2017–2020

    13.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2021–2031

        13.3.1. North America

        13.3.2. Latin America

        13.3.3. Europe

        13.3.4. East Asia

        13.3.5. South Asia and Pacific

        13.3.6. Middle East and Africa (MEA)

    13.4. Market Attractiveness Analysis By Region

14. North America Solar Inverter Market Analysis 2017–2020 and Forecast 2021–2031

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017–2020

    14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021–2031

        14.4.1. By Country

            14.4.1.1. U.S.

            14.4.1.2. Canada

        14.4.2. By Type

        14.4.3. By System Type

        14.4.4. By Phase

        14.4.5. By End-Use

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Type

        14.5.3. By System Type

        14.5.4. By Phase

        14.5.5. By End-Use

    14.6. Market Trends

    14.7. Key Market Participants - Intensity Mapping

    14.8. Drivers and Restraints - Impact Analysis

15. Latin America Solar Inverter Market Analysis 2017–2020 and Forecast 2021–2031

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017–2020

    15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021–2031

        15.4.1. By Country

            15.4.1.1. Brazil

            15.4.1.2. Mexico

            15.4.1.3. Rest of Latin America

        15.4.2. By Type

        15.4.3. By System Type

        15.4.4. By Phase

        15.4.5. By End-Use

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Type

        15.5.3. By System Type

        15.5.4. By Phase

        15.5.5. By End-Use

    15.6. Market Trends

    15.7. Key Market Participants - Intensity Mapping

    15.8. Drivers and Restraints - Impact Analysis

16. Europe Solar Inverter Market Analysis 2017–2020 and Forecast 2021–2031

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017–2020

    16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021–2031

        16.4.1. By Country

            16.4.1.1. Germany

            16.4.1.2. Italy

            16.4.1.3. France

            16.4.1.4. U.K.

            16.4.1.5. Spain

            16.4.1.6. BENELUX

            16.4.1.7. Russia

            16.4.1.8. Rest of Europe

        16.4.2. By Type

        16.4.3. By System Type

        16.4.4. By Phase

        16.4.5. By End-Use

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Type

        16.5.3. By System Type

        16.5.4. By Phase

        16.5.5. By End-Use

    16.6. Market Trends

    16.7. Key Market Participants - Intensity Mapping

    16.8. Drivers and Restraints - Impact Analysis

17. South Asia and Pacific Solar Inverter Market Analysis 2017–2020 and Forecast 2021–2031

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017–2020

    17.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021–2031

        17.4.1. By Country

            17.4.1.1. India

            17.4.1.2. ASEAN

            17.4.1.3. Oceania

            17.4.1.4. Rest of South Asia & Pacific

        17.4.2. By Type

        17.4.3. By System Type

        17.4.4. By Phase

        17.4.5. By Sale Channel

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Type

        17.5.3. By System Type

        17.5.4. By Phase

        17.5.5. By End-Use

    17.6. Market Trends

    17.7. Key Market Participants - Intensity Mapping

    17.8. Drivers and Restraints - Impact Analysis

18. East Asia Solar Inverter Market Analysis 2017–2020 and Forecast 2021–2031

    18.1. Introduction

    18.2. Pricing Analysis

    18.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017–2020

    18.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021–2031

        18.4.1. By Country

            18.4.1.1. China

            18.4.1.2. Japan

            18.4.1.3. South Korea

        18.4.2. By Type

        18.4.3. By System Type

        18.4.4. By Phase

        18.4.5. By End-Use

    18.5. Market Attractiveness Analysis

        18.5.1. By Country

        18.5.2. By Type

        18.5.3. By System Type

        18.5.4. By Phase

        18.5.5. By End-Use

    18.6. Market Trends

    18.7. Key Market Participants - Intensity Mapping

    18.8. Drivers and Restraints - Impact Analysis

19. Middle East and Africa Solar Inverter Market Analysis 2017–2020 and Forecast 2021–2031

    19.1. Introduction

    19.2. Pricing Analysis

    19.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017–2020

    19.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021–2031

        19.4.1. By Country

            19.4.1.1. GCC Countries

            19.4.1.2. Turkey

            19.4.1.3. Northern Africa

            19.4.1.4. South Africa

            19.4.1.5. Rest of Middle East and Africa

        19.4.2. By Type

        19.4.3. By System Type

        19.4.4. By Phase

        19.4.5. By End-Use

    19.5. Market Attractiveness Analysis

        19.5.1. By Country

        19.5.2. By Type

        19.5.3. By System Type

        19.5.4. By Phase

        19.5.5. By End-Use

    19.6. Market Trends

    19.7. Key Market Participants - Intensity Mapping

    19.8. Drivers and Restraints - Impact Analysis

20. Emerging Countries Solar Inverter Market Analysis

    20.1. Introduction

        20.1.1. Market Value Proportion Analysis, By Key Countries

        20.1.2. Global Vs. Country Growth Comparison

    20.2. U.S. Solar Inverter Market Analysis

        20.2.1. By Type

        20.2.2. By System Type

        20.2.3. By Phase

        20.2.4. By End-Use

    20.3. Canada Solar Inverter Market Analysis

        20.3.1. By Type

        20.3.2. By System Type

        20.3.3. By Phase

        20.3.4. By End-Use

    20.4. Mexico Solar Inverter Market Analysis

        20.4.1. By Type

        20.4.2. By System Type

        20.4.3. By Phase

        20.4.4. By End-Use

    20.5. Brazil Solar Inverter Market Analysis

        20.5.1. By Type

        20.5.2. By System Type

        20.5.3. By Phase

        20.5.4. By End-Use

    20.6. Germany Solar Inverter Market Analysis

        20.6.1. By Type

        20.6.2. By System Type

        20.6.3. By Phase

        20.6.4. By End-Use

    20.7. Italy Solar Inverter Market Analysis

        20.7.1. By Type

        20.7.2. By System Type

        20.7.3. By Phase

        20.7.4. By End-Use

    20.8. France Solar Inverter Market Analysis

        20.8.1. By Type

        20.8.2. By System Type

        20.8.3. By Phase

        20.8.4. By End-Use

    20.9. U.K. Solar Inverter Market Analysis

        20.9.1. By Type

        20.9.2. By System Type

        20.9.3. By Phase

        20.9.4. By End-Use

    20.10. Spain Solar Inverter Market Analysis

        20.10.1. By Type

        20.10.2. By System Type

        20.10.3. By Phase

        20.10.4. By End-Use

    20.11. BENELUX Solar Inverter Market Analysis

        20.11.1. By Type

        20.11.2. By System Type

        20.11.3. By Phase

        20.11.4. By End-Use

    20.12. Russia Solar Inverter Market Analysis

        20.12.1. By Type

        20.12.2. By System Type

        20.12.3. By Phase

        20.12.4. By End-Use

    20.13. China Solar Inverter Market Analysis

        20.13.1. By Type

        20.13.2. By System Type

        20.13.3. By Phase

        20.13.4. By End-Use

    20.14. Japan Solar Inverter Market Analysis

        20.14.1. By Type

        20.14.2. By System Type

        20.14.3. By Phase

        20.14.4. By End-Use

    20.15. S. Korea Solar Inverter Market Analysis

        20.15.1. By Type

        20.15.2. By System Type

        20.15.3. By Phase

        20.15.4. By End-Use

    20.16. India Solar Inverter Market Analysis

        20.16.1. By Type

        20.16.2. By System Type

        20.16.3. By Phase

        20.16.4. By End-Use

    20.17. ASEAN Solar Inverter Market Analysis

        20.17.1. By Type

        20.17.2. By System Type

        20.17.3. By Phase

        20.17.4. By End-Use

    20.18. Australia and New Zealand Solar Inverter Market Analysis

        20.18.1. By Type

        20.18.2. By System Type

        20.18.3. By Phase

        20.18.4. By End-Use

    20.19. GCC Countries Solar Inverter Market Analysis

        20.19.1. By Type

        20.19.2. By System Type

        20.19.3. By Phase

        20.19.4. By End-Use

    20.20. Turkey Solar Inverter Market Analysis

        20.20.1. By Type

        20.20.2. By System Type

        20.20.3. By Phase

        20.20.4. By End-Use

    20.21. Northern Africa Solar Inverter Market Analysis

        20.21.1. By Type

        20.21.2. By System Type

        20.21.3. By Phase

        20.21.4. By End-Use

    20.22. South Africa Solar Inverter Market Analysis

        20.22.1. By Type

        20.22.2. By System Type

        20.22.3. By Phase

        20.22.4. By End-Use

21. Market Structure Analysis

    21.1. Market Analysis by Tier of Companies (Solar Inverter)

    21.2. Market Share Analysis of Top Players

    21.3. Market Presence Analysis

22. Competition Analysis

    22.1. Competition Dashboard

    22.2. Competition Benchmarking

    22.3. Competition Deep Dive

        22.3.1. Siemens AG

            22.3.1.1. Overview

            22.3.1.2. Product Portfolio

            22.3.1.3. Profitability by Market Segments (Product/Channel/Region)

            22.3.1.4. Sales Footprint

            22.3.1.5. Strategy Overview

        22.3.2. Fimer Group

            22.3.2.1. Overview

            22.3.2.2. Product Portfolio

            22.3.2.3. Profitability by Market Segments (Product/Channel/Region)

            22.3.2.4. Sales Footprint

            22.3.2.5. Strategy Overview

        22.3.3. SMA Solar Technologies

            22.3.3.1. Overview

            22.3.3.2. Product Portfolio

            22.3.3.3. Profitability by Market Segments (Product/Channel/Region)

            22.3.3.4. Sales Footprint

            22.3.3.5. Strategy Overview

        22.3.4. Delta Electronics Inc

            22.3.4.1. Overview

            22.3.4.2. Product Portfolio

            22.3.4.3. Profitability by Market Segments (Product/Channel/Region)

            22.3.4.4. Sales Footprint

            22.3.4.5. Strategy Overview

        22.3.5. SunPower Corporation

            22.3.5.1. Overview

            22.3.5.2. Product Portfolio

            22.3.5.3. Profitability by Market Segments (Product/Channel/Region)

            22.3.5.4. Sales Footprint

            22.3.5.5. Strategy Overview

        22.3.6. Omron Corporation

            22.3.6.1. Overview

            22.3.6.2. Product Portfolio

            22.3.6.3. Profitability by Market Segments (Product/Channel/Region)

            22.3.6.4. Sales Footprint

            22.3.6.5. Strategy Overview

        22.3.7. Eaton

            22.3.7.1. Overview

            22.3.7.2. Product Portfolio

            22.3.7.3. Profitability by Market Segments (Product/Channel/Region)

            22.3.7.4. Sales Footprint

            22.3.7.5. Strategy Overview

        22.3.8. Emerson Electric Co.

            22.3.8.1. Overview

            22.3.8.2. Product Portfolio

            22.3.8.3. Profitability by Market Segments (Product/Channel/Region)

            22.3.8.4. Sales Footprint

            22.3.8.5. Strategy Overview

        22.3.9. ABB Ltd

            22.3.9.1. Overview

            22.3.9.2. Product Portfolio

            22.3.9.3. Profitability by Market Segments (Product/Channel/Region)

            22.3.9.4. Sales Footprint

            22.3.9.5. Strategy Overview

        22.3.10. Mitsubishi Electric Corporation

            22.3.10.1. Overview

            22.3.10.2. Product Portfolio

            22.3.10.3. Profitability by Market Segments (Product/Channel/Region)

            22.3.10.4. Sales Footprint

            22.3.10.5. Strategy Overview

        22.3.11. Schneider Electric SE

            22.3.11.1. Overview

            22.3.11.2. Product Portfolio

            22.3.11.3. Profitability by Market Segments (Product/Channel/Region)

            22.3.11.4. Sales Footprint

            22.3.11.5. Strategy Overview

 Note: List of companies is subject to refinement and augmentation during the course of research

23. Assumptions and Acronyms Used

24. Research Methodology

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List of Tables

Table 01: Global Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Type

Table 02: Global Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by System Type

Table 03: Global Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Phase

Table 04: Global Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by End-Use

Table 05: Global Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Region

Table 06: North America Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Country

Table 07: North America Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Type

Table 08: North America Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by System Type

Table 09: North America Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Phase

Table 10: North America Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by End-Use

Table 11: Latin America Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Country

Table 12: Latin America Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Type

Table 13: Latin America Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by System Type

Table 14: Latin America Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Phase

Table 15: Latin America Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by End-Use

Table 16: Europe Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Country

Table 17: Europe Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Type

Table 18: Europe Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by System Type

Table 19: Europe Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Phase

Table 20: Europe Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by End-Use

Table 21: East Asia Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Country

Table 22: East Asia Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Type

Table 23: East Asia Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by System Type

Table 24: East Asia Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Phase

Table 25: East Asia Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by End-Use

Table 26: South Asia Pacific Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Country

Table 27: South Asia Pacific Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Type

Table 28: South Asia Pacific Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by System Type

Table 29: South Asia Pacific Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Phase

Table 30: South Asia Pacific Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by End-Use

Table 31: Middle East and Africa Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Country

Table 32: Middle East and Africa Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Type

Table 33: Middle East and Africa Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by System Type

Table 34: Middle East and Africa Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by Phase

Table 35: Middle East and Africa Solar Inverter Market Volume (Units) and Value (US$ Mn) Historical Data 2017– 2021 and Forecast 2022-2032 by End-Use

Nikhil Kaitwade
Principal Consultant
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List of Charts

Figure 01: Global Solar Inverter Historic Demand Analysis 2017-2021

Figure 02: Global Solar Inverter Demand Forecast Analysis 2022-2032

Figure 03: Global Solar Inverter Historic Demand Analysis 2017-2021

Figure 04: Global Solar Inverters Abs. $ Opp. Analysis (2017-2032)

Figure 05: Global Solar Inverter Demand Forecast Analysis 2022-2032

Figure 06: Global Solar Inverter Market Value by Type, 2022 & 2032

Figure 07: Global Solar Inverter Market Demand Forecast by Type, 2022-2032

Figure 08: Global Solar Inverter Market Share and BPS Analysis by Type- 2022-2032

Figure 09: Global Solar Inverter Market Y-o-Y Analysis by Type- 2021-2032

Figure 10: Global Solar Inverter Market Attractiveness Analysis by Type, 2022-2032

Figure 11: Global Solar Inverter Market Incremental $ Opportunity by Type, 2022-2032

Figure 12: Global Solar Inverter Market Value by System Type, 2022 & 2032

Figure 13: Global Solar Inverter Market Demand Forecast by System Type, 2022-2032

Figure 14: Global Solar Inverter Market Share and BPS Analysis by System Type - 2022-2032

Figure 15: Global Solar Inverter Market Y-o-Y Analysis by System Type - 2021-2032

Figure 16: Global Solar Inverter Market Attractiveness Analysis by System Type, 2022-2032

Figure 17: Global Solar Inverter Market Incremental $ Opportunity by System Type, 2022-2032

Figure 18: Global Solar Inverter Market Value by Phase, 2022 & 2032

Figure 19: Global Solar Inverter Market Demand Forecast by Phase, 2022-2032

Figure 20: Global Solar Inverter Market Share and BPS Analysis by Phase - 2022-2032

Figure 21: Global Solar Inverter Market Y-o-Y Analysis by Phase - 2021-2032

Figure 22: Global Solar Inverter Market Attractiveness Analysis by Phase, 2022-2032

Figure 23: Global Solar Inverter Market Incremental $ Opportunity by Phase, 2022-2032

Figure 24: Global Solar Inverter Market Value by End-Use, 2022 & 2032

Figure 25: Global Solar Inverter Market Demand Forecast by End-Use, 2022-2032

Figure 26: Global Solar Inverter Market Share and BPS Analysis by End-Use - 2022-2032

Figure 27: Global Solar Inverter Market Y-o-Y Analysis by End-Use - 2021-2032

Figure 28: Global Solar Inverter Market Attractiveness Analysis by End-Use, 2022-2032

Figure 29: Global Solar Inverter Market Incremental $ Opportunity by End-Use, 2022-2032

Figure 30: Global Solar Inverter Market Value by Region, 2022 & 2032

Figure 31: Global Solar Inverter Market Demand Forecast by Region, 2022-2032

Figure 32: Global Solar Inverter Market Share and BPS Analysis by Region - 2022-2032

Figure 33: Global Solar Inverter Market Y-o-Y Analysis by Region - 2021-2032

Figure 34: Global Solar Inverter Market Attractiveness Analysis by Region, 2022-2032

Figure 35: Global Solar Inverter Market Incremental $ Opportunity by Region, 2022-2032

Figure 36: North America Solar Inverter Market Value by Country, 2022 & 2032

Figure 37: North America Solar Inverter Market Demand Forecast by Country, 2022-2032

Figure 38: North America Solar Inverter Market Share and BPS Analysis by Country - 2022-2032

Figure 39: North America Solar Inverter Market Y-o-Y Analysis by Country - 2021-2032

Figure 40: North America Solar Inverter Market Attractiveness Analysis by Country, 2022-2032

Figure 41: North America Solar Inverter Market Incremental $ Opportunity by Country, 2022-2032

Figure 42: North America Solar Inverter Market Share and BPS Analysis by Type- 2022-2032

Figure 43: North America Solar Inverter Market Y-o-Y Analysis by Type- 2021-2032

Figure 44: North America Solar Inverter Market Attractiveness Analysis by Type, 2022-2032

Figure 45: North America Solar Inverter Market Share and BPS Analysis by System Type - 2022-2032

Figure 46: North America Solar Inverter Market Y-o-Y Analysis by System Type - 2021-2032

Figure 47: North America Solar Inverter Market Attractiveness Analysis by System Type, 2022-2032

Figure 48: North America Solar Inverter Market Share and BPS Analysis by Phase - 2022-2032

Figure 49: North America Solar Inverter Market Y-o-Y Analysis by Phase - 2021-2032

Figure 50: North America Solar Inverter Market Attractiveness Analysis by Phase, 2022-2032

Figure 51: North America Solar Inverter Market Share and BPS Analysis by End-Use - 2022-2032

Figure 52: North America Solar Inverter Market Y-o-Y Analysis by End-Use - 2021-2032

Figure 53: North America Solar Inverter Market Attractiveness Analysis by End-Use, 2022-2032

Figure 54: Latin America Solar Inverter Market Value by Country, 2022 & 2032

Figure 55: Latin America Solar Inverter Market Demand Forecast by Country, 2022-2032

Figure 56: Latin America Solar Inverter Market Share and BPS Analysis by Country - 2022-2032

Figure 57: Latin America Solar Inverter Market Y-o-Y Analysis by Country - 2021-2032

Figure 58: Latin America Solar Inverter Market Attractiveness Analysis by Country, 2022-2032

Figure 59: Latin America Solar Inverter Market Incremental $ Opportunity by Country, 2022-2032

Figure 60: Latin America Solar Inverter Market Share and BPS Analysis by Type- 2022-2032

Figure 61: Latin America Solar Inverter Market Y-o-Y Analysis by Type- 2021-2032

Figure 62: Latin America Solar Inverter Market Attractiveness Analysis by Type, 2022-2032

Figure 63: Latin America Solar Inverter Market Share and BPS Analysis by System Type - 2022-2032

Figure 64: Latin America Solar Inverter Market Y-o-Y Analysis by System Type - 2021-2032

Figure 65: Latin America Solar Inverter Market Attractiveness Analysis by System Type, 2022-2032

Figure 66: Latin America Solar Inverter Market Share and BPS Analysis by Phase - 2022-2032

Figure 67: Latin America Solar Inverter Market Y-o-Y Analysis by Phase - 2021-2032

Figure 68: Latin America Solar Inverter Market Attractiveness Analysis by Phase, 2022-2032

Figure 69: Latin America Solar Inverter Market Share and BPS Analysis by End-Use - 2022-2032

Figure 70: Latin America Solar Inverter Market Y-o-Y Analysis by End-Use - 2021-2032

Figure 71: Latin America Solar Inverter Market Attractiveness Analysis by End-Use, 2022-2032

Figure 72: Europe Solar Inverter Market Value by Country, 2022 & 2032

Figure 73: Europe Solar Inverter Market Demand Forecast by Country, 2022-2032

Figure 74: Europe Solar Inverter Market Share and BPS Analysis by Country - 2022-2032

Figure 75: Europe Solar Inverter Market Y-o-Y Analysis by Country - 2021-2032

Figure 76: Europe Solar Inverter Market Attractiveness Analysis by Country, 2022-2032

Figure 77: Europe Solar Inverter Market Incremental $ Opportunity by Country, 2022-2032

Figure 78: Europe Solar Inverter Market Share and BPS Analysis by Type- 2022-2032

Figure 79: Europe Solar Inverter Market Y-o-Y Analysis by Type- 2021-2032

Figure 80: Europe Solar Inverter Market Attractiveness Analysis by Type, 2022-2032

Figure 81: Europe Solar Inverter Market Share and BPS Analysis by System Type - 2022-2032

Figure 82: Europe Solar Inverter Market Y-o-Y Analysis by System Type - 2021-2032

Figure 83: Europe Solar Inverter Market Attractiveness Analysis by System Type, 2022-2032

Figure 84: Europe Solar Inverter Market Share and BPS Analysis by Phase - 2022-2032

Figure 85: Europe Solar Inverter Market Y-o-Y Analysis by Phase - 2021-2032

Figure 86: Europe Solar Inverter Market Attractiveness Analysis by Phase, 2022-2032

Figure 87: Europe Solar Inverter Market Share and BPS Analysis by End-Use - 2022-2032

Figure 88: Europe Solar Inverter Market Y-o-Y Analysis by End-Use - 2021-2032

Figure 89: Europe Solar Inverter Market Attractiveness Analysis by End-Use, 2022-2032

Figure 90: East Asia Solar Inverter Market Value by Country, 2022 & 2032

Figure 91: East Asia Solar Inverter Market Demand Forecast by Country, 2022-2032

Figure 92: East Asia Solar Inverter Market Share and BPS Analysis by Country - 2022-2032

Figure 93: East Asia Solar Inverter Market Y-o-Y Analysis by Country - 2021-2032

Figure 94: East Asia Solar Inverter Market Attractiveness Analysis by Country, 2022-2032

Figure 95: East Asia Solar Inverter Market Incremental $ Opportunity by Country, 2022-2032

Figure 96: East Asia Solar Inverter Market Share and BPS Analysis by Type- 2022-2032

Figure 97: East Asia Solar Inverter Market Y-o-Y Analysis by Type- 2021-2032

Figure 98: East Asia Solar Inverter Market Attractiveness Analysis by Type, 2022-2032

Figure 99: East Asia Solar Inverter Market Share and BPS Analysis by System Type - 2022-2032

Figure 100: East Asia Solar Inverter Market Y-o-Y Analysis by System Type - 2021-2032

Figure 101: East Asia Solar Inverter Market Attractiveness Analysis by System Type, 2022-2032

Figure 102: East Asia Solar Inverter Market Share and BPS Analysis by Phase - 2022-2032

Figure 103: East Asia Solar Inverter Market Y-o-Y Analysis by Phase - 2021-2032

Figure 104: East Asia Solar Inverter Market Attractiveness Analysis by Phase, 2022-2032

Figure 105: East Asia Solar Inverter Market Share and BPS Analysis by End-Use - 2022-2032

Figure 106: East Asia Solar Inverter Market Y-o-Y Analysis by End-Use - 2021-2032

Figure 107: East Asia Solar Inverter Market Attractiveness Analysis by End-Use, 2022-2032

Figure 108: South Asia Pacific Solar Inverter Market Value by Country, 2022 & 2032

Figure 109: South Asia Pacific Solar Inverter Market Demand Forecast by Country, 2022-2032

Figure 110: South Asia Pacific Solar Inverter Market Share and BPS Analysis by Country - 2022-2032

Figure 111: South Asia Pacific Solar Inverter Market Y-o-Y Analysis by Country - 2021-2032

Figure 112: South Asia Pacific Solar Inverter Market Attractiveness Analysis by Country, 2022-2032

Figure 113: South Asia Pacific Solar Inverter Market Incremental $ Opportunity by Country, 2022-2032

Figure 114: South Asia Pacific Solar Inverter Market Share and BPS Analysis by Type- 2022-2032

Figure 115: South Asia Pacific Solar Inverter Market Y-o-Y Analysis by Type- 2021-2032

Figure 116: South Asia Pacific Solar Inverter Market Attractiveness Analysis by Type, 2022-2032

Figure 117: South Asia Pacific Solar Inverter Market Share and BPS Analysis by System Type - 2022-2032

Figure 118: South Asia Pacific Solar Inverter Market Y-o-Y Analysis by System Type - 2021-2032

Figure 119: South Asia Pacific Solar Inverter Market Attractiveness Analysis by System Type, 2022-2032

Figure 120: South Asia Pacific Solar Inverter Market Share and BPS Analysis by Phase - 2022-2032

Figure 121: South Asia Pacific Solar Inverter Market Y-o-Y Analysis by Phase - 2021-2032

Figure 122: South Asia Pacific Solar Inverter Market Attractiveness Analysis by Phase, 2022-2032

Figure 123: South Asia Pacific Solar Inverter Market Share and BPS Analysis by End-Use - 2022-2032

Figure 124: South Asia Pacific Solar Inverter Market Y-o-Y Analysis by End-Use - 2021-2032

Figure 125: South Asia Pacific Solar Inverter Market Attractiveness Analysis by End-Use, 2022-2032

Figure 126: Middle East and Africa Solar Inverter Market Value by Country, 2022 & 2032

Figure 127: Middle East and Africa Solar Inverter Market Demand Forecast by Country, 2022-2032

Figure 128: Middle East and Africa Solar Inverter Market Share and BPS Analysis by Country - 2022-2032

Figure 129: Middle East and Africa Solar Inverter Market Y-o-Y Analysis by Country - 2021-2032

Figure 130: Middle East and Africa Solar Inverter Market Attractiveness Analysis by Country, 2022-2032

Figure 131: Middle East and Africa Solar Inverter Market Incremental $ Opportunity by Country, 2022-2032

Figure 132: Middle East and Africa Solar Inverter Market Share and BPS Analysis by Type- 2022-2032

Figure 133: Middle East and Africa Solar Inverter Market Y-o-Y Analysis by Type- 2021-2032

Figure 134: Middle East and Africa Solar Inverter Market Attractiveness Analysis by Type, 2022-2032

Figure 135: Middle East and Africa Solar Inverter Market Share and BPS Analysis by System Type - 2022-2032

Figure 136: Middle East and Africa Solar Inverter Market Y-o-Y Analysis by System Type - 2021-2032

Figure 137: Middle East and Africa Solar Inverter Market Attractiveness Analysis by System Type, 2022-2032

Figure 138: Middle East and Africa Solar Inverter Market Share and BPS Analysis by Phase - 2022-2032

Figure 139: Middle East and Africa Solar Inverter Market Y-o-Y Analysis by Phase - 2021-2032

Figure 140: Middle East and Africa Solar Inverter Market Attractiveness Analysis by Phase, 2022-2032

Figure 141: Middle East and Africa Solar Inverter Market Share and BPS Analysis by End-Use - 2022-2032

Figure 142: Middle East and Africa Solar Inverter Market Y-o-Y Analysis by End-Use - 2021-2032

Figure 143: Middle East and Africa Solar Inverter Market Attractiveness Analysis by End-Use, 2022-2032

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