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Report overview
The global Solar PV Inverters market was valued at US$ 6207.7 million in 2022 and is projected to reach US$ 8127 million by 2029, at a CAGR of 3.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Solar PV Inverter is one power transfer apparatus, which is used to transfer the DC power generated through PV to AC power. For the reverse process of rectification, the apparatus is so called "inverter".When solar cells are disposed in sunlight, it produces direct curren. However the supply system in the form of DC power has an extremely limited. For example, fluorescent lamps, televisions, refrigerators, electric fans and so on cannot be used directly with DC power supply, and most electric machinery are as well. In addition, when the power supply needs to increase voltage or lower voltage, it is simply adding a Transformer in AC power system, while lifting technology of voltage in a DC system is much more complex. Therefore, in addition to direct use of communications, weather and Others special DC power users, the production of electricity need to be equipped with a Solar PV Inverter in PV systems.
This report aims to provide a comprehensive presentation of the global market for Solar PV 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 PV Inverters. This report contains market size and forecasts of Solar PV Inverters in global, including the following market information:
Global Solar PV Inverters Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Solar PV Inverters Market Sales, 2018-2023, 2024-2030, (MW)
Global top five Solar PV Inverters companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Microinverter (below 1KW) Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Solar PV Inverters include Huawei, Sungrow, SMA, Power Electronics, FIMER (ABB), SolarEdge, Sineng, Ingeteam and Goodwe, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Solar PV 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:
Chapter 1: Introduces the definition of Solar PV Inverters, market overview.
Chapter 2: Global Solar PV Inverters market size in revenue and volume.
Chapter 3: Detailed analysis of Solar PV 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 PV 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 PV 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.
