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Solar Inverters Market, Global Outlook and Forecast 2023-2032

The global Solar Inverters market was valued at US$ 8.4 billion in 2022 and is projected to reach US$ 18.2 billion by 2029, at a CAGR of 8.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


The USA market for Global Solar Inverters market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.



The China market for Global Solar Inverters market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The Europe market for Global Solar Inverters market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


Solar Inverter , also known as power regulator and power regulator, is an indispensable part of the photovoltaic system.

This report aims to provide a comprehensive presentation of the global market for Solar Inverters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar Inverters. This report contains market size and forecasts of Solar Inverters in global, including the following market information:


  • Global Solar Inverters Market Revenue, 2018-2023, 2024-2032, ($ millions)

  • Global Solar Inverters Market Sales, 2018-2023, 2024-2032, (K Units)

  • Global top five Solar Inverters companies in 2022 (%)


Asia eclipsed all other markets for the fourth consecutive year, accounting for about two-thirds of global additions in 2017.

We surveyed the Solar Inverters manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Solar Inverters Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Solar Inverters Market Segment Percentages, by Type, 2022 (%)


  • Independent Model

  • Integrated Model

Global Solar Inverters Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Solar Inverters Market Segment Percentages, by Application, 2022 (%)


  • Residential

  • Business

  • Public Utilities

Global Solar Inverters Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Solar Inverters Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Solar Inverters revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Solar Inverters revenues share in global market, 2022 (%)

  • Key companies Solar Inverters sales in global market, 2018-2023 (Estimated), (K Units)

  • Key companies Solar Inverters sales share in global market, 2022 (%)

key players include:


  • ABB

  • Chint Power Systems America

  • Darfon Electronics

  • Delta Energy Systems

  • Eaton

  • Elettronica Santerno

  • Enphase Energy

  • Fronius International

  • Fuji Electric Europ

  • GE Power

  • Ginlong Technologies


Outline of Major Chapters:

Chapter 1: Introduces the definition of Solar Inverters, market overview.

Chapter 2: Global Solar Inverters market size in revenue and volume.

Chapter 3: Detailed analysis of Solar Inverters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Solar Inverters in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Solar Inverters capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

Table of content

1 Introduction to Research & Analysis Reports1.1 Solar Inverters Market Definition1.2 Market Segments1.2.1 Market by Type1.2.2 Market by Application1.3 Global Solar Inverters Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global Solar Inverters Overall Market Size2.1 Global Solar Inverters Market Size: 2022 VS 20322.2 Global Solar Inverters Revenue, Prospects & Forecasts: 2018-20322.3 Global Solar Inverters Sales: 2018-20323 Company Landscape3.1 Top Solar Inverters Players in Global Market3.2 Top Global Solar Inverters Companies Ranked by Revenue3.3 Global Solar Inverters Revenue by Companies3.4 Global Solar Inverters Sales by Companies3.5 Global Solar Inverters Price by Manufacturer (2018-2023)3.6 Top 3 and Top 5 Solar Inverters Companies in Global Market, by Revenue in 20223.7 Global Manufacturers Solar Inverters Product Type3.8 Tier 1, Tier 2 and Tier 3 Solar Inverters Players in Global Market3.8.1 List of Global Tier 1 Solar Inverters Companies3.8.2 List of Global Tier 2 and Tier 3 Solar Inverters Companies4 Sights by Product4.1 Overview4.1.1 By Type - Global Solar Inverters Market Size Markets, 2022 & 20324.1.2 Independent M

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