The global market for Solar Inverter was valued at US$ 17280 million in the year 2024 and is projected to reach a revised size of US$ 31070 million by 2031, growing at a CAGR of 8.9% during the forecast period.

Solar Inverter Market

Solar Inverter are widely accepted owing to its property of instantaneous conversion of DC power input to AC current while connected to on-grid system.

It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China"s photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan"s newly installed photovoltaic capacity was 3.373 GW.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Solar Inverter, 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 Inverter.

The Solar Inverter market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Solar Inverter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Solar Inverter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of Solar Inverter Market Report

Report Metric	Details
Report Name	Solar Inverter Market
Accounted market size in year	US$ 17280 million
Forecasted market size in 2031	US$ 31070 million
CAGR	8.9%
Base Year	year
Forecasted years	2025 - 2031
by Type	Central Solar Inverter String Solar Inverter Micro Solar Inverter
by Application	Residential Commercial Utility
Production by Region	North America Europe China Japan South Korea
Consumption by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Asia-Pacific (China, Japan, South Korea, Taiwan) Southeast Asia (India) Latin America (Mexico, Brazil)
By Company	ABB, SMA Solar Technology, Canadian Solar, SolarEdge Technologies, SunPower, Delta Electronics, Solectria Renewables, Sineng Electric, Hitachi Hi-Rel Power Electronics, Power electronics
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Solar Inverter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Solar Inverter by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Solar Inverter 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.

FAQ for this report

How fast is Solar Inverter Market growing?

Ans: The Solar Inverter Market witnessing a CAGR of 8.9% during the forecast period 2025-2031.

What is the Solar Inverter Market size in 2031?

Ans: The Solar Inverter Market size in 2031 will be US$ 31070 million.

What is the Solar Inverter Market share by region?

Ans: According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%.

Who are the main players in the Solar Inverter Market report?

Ans: The main players in the Solar Inverter Market are ABB, SMA Solar Technology, Canadian Solar, SolarEdge Technologies, SunPower, Delta Electronics, Solectria Renewables, Sineng Electric, Hitachi Hi-Rel Power Electronics, Power electronics

What are the Application segmentation covered in the Solar Inverter Market report?

Ans: The Applications covered in the Solar Inverter Market report are Residential, Commercial, Utility

What are the Type segmentation covered in the Solar Inverter Market report?

Ans: The Types covered in the Solar Inverter Market report are Central Solar Inverter, String Solar Inverter, Micro Solar Inverter

1 Solar Inverter Market Overview

1.1 Product Definition

1.2 Solar Inverter by Type

1.2.1 Global Solar Inverter Market Value Growth Rate Analysis by Type: 2024 VS 2031

1.2.2 Central Solar Inverter

1.2.3 String Solar Inverter

1.2.4 Micro Solar Inverter

1.3 Solar Inverter by Application

1.3.1 Global Solar Inverter Market Value Growth Rate Analysis by Application: 2024 VS 2031

1.3.2 Residential

1.3.3 Commercial

1.3.4 Utility

1.4 Global Market Growth Prospects

1.4.1 Global Solar Inverter Production Value Estimates and Forecasts (2020-2031)

1.4.2 Global Solar Inverter Production Capacity Estimates and Forecasts (2020-2031)

1.4.3 Global Solar Inverter Production Estimates and Forecasts (2020-2031)

1.4.4 Global Solar Inverter Market Average Price Estimates and Forecasts (2020-2031)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global Solar Inverter Production Market Share by Manufacturers (2020-2025)

2.2 Global Solar Inverter Production Value Market Share by Manufacturers (2020-2025)

2.3 Global Key Players of Solar Inverter, Industry Ranking, 2023 VS 2024

2.4 Global Solar Inverter Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

2.5 Global Solar Inverter Average Price by Manufacturers (2020-2025)

2.6 Global Key Manufacturers of Solar Inverter, Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of Solar Inverter, Product Offered and Application

2.8 Global Key Manufacturers of Solar Inverter, Date of Enter into This Industry

2.9 Solar Inverter Market Competitive Situation and Trends

2.9.1 Solar Inverter Market Concentration Rate

2.9.2 Global 5 and 10 Largest Solar Inverter Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 Solar Inverter Production by Region

3.1 Global Solar Inverter Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.2 Global Solar Inverter Production Value by Region (2020-2031)

3.2.1 Global Solar Inverter Production Value by Region (2020-2025)

3.2.2 Global Forecasted Production Value of Solar Inverter by Region (2026-2031)

3.3 Global Solar Inverter Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.4 Global Solar Inverter Production Volume by Region (2020-2031)

3.4.1 Global Solar Inverter Production by Region (2020-2025)

3.4.2 Global Forecasted Production of Solar Inverter by Region (2026-2031)

3.5 Global Solar Inverter Market Price Analysis by Region (2020-2025)

3.6 Global Solar Inverter Production and Value, Year-over-Year Growth

3.6.1 North America Solar Inverter Production Value Estimates and Forecasts (2020-2031)

3.6.2 Europe Solar Inverter Production Value Estimates and Forecasts (2020-2031)

3.6.3 China Solar Inverter Production Value Estimates and Forecasts (2020-2031)

3.6.4 Japan Solar Inverter Production Value Estimates and Forecasts (2020-2031)

3.6.5 South Korea Solar Inverter Production Value Estimates and Forecasts (2020-2031)

4 Solar Inverter Consumption by Region

4.1 Global Solar Inverter Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

4.2 Global Solar Inverter Consumption by Region (2020-2031)

4.2.1 Global Solar Inverter Consumption by Region (2020-2025)

4.2.2 Global Solar Inverter Forecasted Consumption by Region (2026-2031)

4.3 North America

4.3.1 North America Solar Inverter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.3.2 North America Solar Inverter Consumption by Country (2020-2031)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Solar Inverter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.4.2 Europe Solar Inverter Consumption by Country (2020-2031)

4.4.3 Germany

4.4.4 France

4.4.5 U.K.

4.4.6 Italy

4.4.7 Netherlands

4.5 Asia Pacific

4.5.1 Asia Pacific Solar Inverter Consumption Growth Rate by Region: 2020 VS 2024 VS 2031

4.5.2 Asia Pacific Solar Inverter Consumption by Region (2020-2031)

4.5.3 China

4.5.4 Japan

4.5.5 South Korea

4.5.6 China Taiwan

4.5.7 Southeast Asia

4.5.8 India

4.6 Latin America, Middle East & Africa

4.6.1 Latin America, Middle East & Africa Solar Inverter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.6.2 Latin America, Middle East & Africa Solar Inverter Consumption by Country (2020-2031)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Israel

5 Segment by Type

5.1 Global Solar Inverter Production by Type (2020-2031)

5.1.1 Global Solar Inverter Production by Type (2020-2025)

5.1.2 Global Solar Inverter Production by Type (2026-2031)

5.1.3 Global Solar Inverter Production Market Share by Type (2020-2031)

5.2 Global Solar Inverter Production Value by Type (2020-2031)

5.2.1 Global Solar Inverter Production Value by Type (2020-2025)

5.2.2 Global Solar Inverter Production Value by Type (2026-2031)

5.2.3 Global Solar Inverter Production Value Market Share by Type (2020-2031)

5.3 Global Solar Inverter Price by Type (2020-2031)

6 Segment by Application

6.1 Global Solar Inverter Production by Application (2020-2031)

6.1.1 Global Solar Inverter Production by Application (2020-2025)

6.1.2 Global Solar Inverter Production by Application (2026-2031)

6.1.3 Global Solar Inverter Production Market Share by Application (2020-2031)

6.2 Global Solar Inverter Production Value by Application (2020-2031)

6.2.1 Global Solar Inverter Production Value by Application (2020-2025)

6.2.2 Global Solar Inverter Production Value by Application (2026-2031)

6.2.3 Global Solar Inverter Production Value Market Share by Application (2020-2031)

6.3 Global Solar Inverter Price by Application (2020-2031)

7 Key Companies Profiled

7.1 ABB

7.1.1 ABB Solar Inverter Company Information

7.1.2 ABB Solar Inverter Product Portfolio

7.1.3 ABB Solar Inverter Production, Value, Price and Gross Margin (2020-2025)

7.1.4 ABB Main Business and Markets Served

7.1.5 ABB Recent Developments/Updates

7.2 SMA Solar Technology

7.2.1 SMA Solar Technology Solar Inverter Company Information

7.2.2 SMA Solar Technology Solar Inverter Product Portfolio

7.2.3 SMA Solar Technology Solar Inverter Production, Value, Price and Gross Margin (2020-2025)

7.2.4 SMA Solar Technology Main Business and Markets Served

7.2.5 SMA Solar Technology Recent Developments/Updates

7.3 Canadian Solar

7.3.1 Canadian Solar Solar Inverter Company Information

7.3.2 Canadian Solar Solar Inverter Product Portfolio

7.3.3 Canadian Solar Solar Inverter Production, Value, Price and Gross Margin (2020-2025)

7.3.4 Canadian Solar Main Business and Markets Served

7.3.5 Canadian Solar Recent Developments/Updates

7.4 SolarEdge Technologies

7.4.1 SolarEdge Technologies Solar Inverter Company Information

7.4.2 SolarEdge Technologies Solar Inverter Product Portfolio

7.4.3 SolarEdge Technologies Solar Inverter Production, Value, Price and Gross Margin (2020-2025)

7.4.4 SolarEdge Technologies Main Business and Markets Served

7.4.5 SolarEdge Technologies Recent Developments/Updates

7.5 SunPower

7.5.1 SunPower Solar Inverter Company Information

7.5.2 SunPower Solar Inverter Product Portfolio

7.5.3 SunPower Solar Inverter Production, Value, Price and Gross Margin (2020-2025)

7.5.4 SunPower Main Business and Markets Served

7.5.5 SunPower Recent Developments/Updates

7.6 Delta Electronics

7.6.1 Delta Electronics Solar Inverter Company Information

7.6.2 Delta Electronics Solar Inverter Product Portfolio

7.6.3 Delta Electronics Solar Inverter Production, Value, Price and Gross Margin (2020-2025)

7.6.4 Delta Electronics Main Business and Markets Served

7.6.5 Delta Electronics Recent Developments/Updates

7.7 Solectria Renewables

7.7.1 Solectria Renewables Solar Inverter Company Information

7.7.2 Solectria Renewables Solar Inverter Product Portfolio

7.7.3 Solectria Renewables Solar Inverter Production, Value, Price and Gross Margin (2020-2025)

7.7.4 Solectria Renewables Main Business and Markets Served

7.7.5 Solectria Renewables Recent Developments/Updates

7.8 Sineng Electric

7.8.1 Sineng Electric Solar Inverter Company Information

7.8.2 Sineng Electric Solar Inverter Product Portfolio

7.8.3 Sineng Electric Solar Inverter Production, Value, Price and Gross Margin (2020-2025)

7.8.4 Sineng Electric Main Business and Markets Served

7.8.5 Sineng Electric Recent Developments/Updates

7.9 Hitachi Hi-Rel Power Electronics

7.9.1 Hitachi Hi-Rel Power Electronics Solar Inverter Company Information

7.9.2 Hitachi Hi-Rel Power Electronics Solar Inverter Product Portfolio

7.9.3 Hitachi Hi-Rel Power Electronics Solar Inverter Production, Value, Price and Gross Margin (2020-2025)

7.9.4 Hitachi Hi-Rel Power Electronics Main Business and Markets Served

7.9.5 Hitachi Hi-Rel Power Electronics Recent Developments/Updates

7.10 Power electronics

7.10.1 Power electronics Solar Inverter Company Information

7.10.2 Power electronics Solar Inverter Product Portfolio

7.10.3 Power electronics Solar Inverter Production, Value, Price and Gross Margin (2020-2025)

7.10.4 Power electronics Main Business and Markets Served

7.10.5 Power electronics Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 Solar Inverter Industry Chain Analysis

8.2 Solar Inverter Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 Solar Inverter Production Mode & Process Analysis

8.4 Solar Inverter Sales and Marketing

8.4.1 Solar Inverter Sales Channels

8.4.2 Solar Inverter Distributors

8.5 Solar Inverter Customer Analysis

9 Solar Inverter Market Dynamics

9.1 Solar Inverter Industry Trends

9.2 Solar Inverter Market Drivers

9.3 Solar Inverter Market Challenges

9.4 Solar Inverter Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source

11.1 Methodology/Research Approach

11.1.1 Research Programs/Design

11.1.2 Market Size Estimation

11.1.3 Market Breakdown and Data Triangulation

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Author List

11.4 Disclaimer

FEATURED COMPANIES

Canadian Solar

SolarEdge Technologies

Hitachi Hi-Rel Power Electronics

List of Tables

Table 1. Global Solar Inverter Market Value by Type, (US$ Million) & (2024 VS 2031)

Table 2. Global Solar Inverter Market Value by Application, (US$ Million) & (2024 VS 2031)

Table 3. Global Solar Inverter Production Capacity (K Units) by Manufacturers in 2024

Table 4. Global Solar Inverter Production by Manufacturers (2020-2025) & (K Units)

Table 5. Global Solar Inverter Production Market Share by Manufacturers (2020-2025)

Table 6. Global Solar Inverter Production Value by Manufacturers (2020-2025) & (US$ Million)

Table 7. Global Solar Inverter Production Value Share by Manufacturers (2020-2025)

Table 8. Global Key Players of Solar Inverter, Industry Ranking, 2023 VS 2024

Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Solar Inverter as of 2024)

Table 10. Global Market Solar Inverter Average Price by Manufacturers (USD/Unit) & (2020-2025)

Table 11. Global Key Manufacturers of Solar Inverter, Manufacturing Base Distribution and Headquarters

Table 12. Global Key Manufacturers of Solar Inverter, Product Offered and Application

Table 13. Global Key Manufacturers of Solar Inverter, Date of Enter into This Industry

Table 14. Global Solar Inverter Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 15. Mergers & Acquisitions, Expansion Plans

Table 16. Global Solar Inverter Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 17. Global Solar Inverter Production Value (US$ Million) by Region (2020-2025)

Table 18. Global Solar Inverter Production Value Market Share by Region (2020-2025)

Table 19. Global Solar Inverter Production Value (US$ Million) Forecast by Region (2026-2031)

Table 20. Global Solar Inverter Production Value Market Share Forecast by Region (2026-2031)

Table 21. Global Solar Inverter Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)

Table 22. Global Solar Inverter Production (K Units) by Region (2020-2025)

Table 23. Global Solar Inverter Production Market Share by Region (2020-2025)

Table 24. Global Solar Inverter Production (K Units) Forecast by Region (2026-2031)

Table 25. Global Solar Inverter Production Market Share Forecast by Region (2026-2031)

Table 26. Global Solar Inverter Market Average Price (USD/Unit) by Region (2020-2025)

Table 27. Global Solar Inverter Market Average Price (USD/Unit) by Region (2026-2031)

Table 28. Global Solar Inverter Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)

Table 29. Global Solar Inverter Consumption by Region (2020-2025) & (K Units)

Table 30. Global Solar Inverter Consumption Market Share by Region (2020-2025)

Table 31. Global Solar Inverter Forecasted Consumption by Region (2026-2031) & (K Units)

Table 32. Global Solar Inverter Forecasted Consumption Market Share by Region (2026-2031)

Table 33. North America Solar Inverter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 34. North America Solar Inverter Consumption by Country (2020-2025) & (K Units)

Table 35. North America Solar Inverter Consumption by Country (2026-2031) & (K Units)

Table 36. Europe Solar Inverter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 37. Europe Solar Inverter Consumption by Country (2020-2025) & (K Units)

Table 38. Europe Solar Inverter Consumption by Country (2026-2031) & (K Units)

Table 39. Asia Pacific Solar Inverter Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)

Table 40. Asia Pacific Solar Inverter Consumption by Region (2020-2025) & (K Units)

Table 41. Asia Pacific Solar Inverter Consumption by Region (2026-2031) & (K Units)

Table 42. Latin America, Middle East & Africa Solar Inverter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 43. Latin America, Middle East & Africa Solar Inverter Consumption by Country (2020-2025) & (K Units)

Table 44. Latin America, Middle East & Africa Solar Inverter Consumption by Country (2026-2031) & (K Units)

Table 45. Global Solar Inverter Production (K Units) by Type (2020-2025)

Table 46. Global Solar Inverter Production (K Units) by Type (2026-2031)

Table 47. Global Solar Inverter Production Market Share by Type (2020-2025)

Table 48. Global Solar Inverter Production Market Share by Type (2026-2031)

Table 49. Global Solar Inverter Production Value (US$ Million) by Type (2020-2025)

Table 50. Global Solar Inverter Production Value (US$ Million) by Type (2026-2031)

Table 51. Global Solar Inverter Production Value Market Share by Type (2020-2025)

Table 52. Global Solar Inverter Production Value Market Share by Type (2026-2031)

Table 53. Global Solar Inverter Price (USD/Unit) by Type (2020-2025)

Table 54. Global Solar Inverter Price (USD/Unit) by Type (2026-2031)

Table 55. Global Solar Inverter Production (K Units) by Application (2020-2025)

Table 56. Global Solar Inverter Production (K Units) by Application (2026-2031)

Table 57. Global Solar Inverter Production Market Share by Application (2020-2025)

Table 58. Global Solar Inverter Production Market Share by Application (2026-2031)

Table 59. Global Solar Inverter Production Value (US$ Million) by Application (2020-2025)

Table 60. Global Solar Inverter Production Value (US$ Million) by Application (2026-2031)

Table 61. Global Solar Inverter Production Value Market Share by Application (2020-2025)

Table 62. Global Solar Inverter Production Value Market Share by Application (2026-2031)

Table 63. Global Solar Inverter Price (USD/Unit) by Application (2020-2025)

Table 64. Global Solar Inverter Price (USD/Unit) by Application (2026-2031)

Table 65. ABB Solar Inverter Company Information

Table 66. ABB Solar Inverter Specification and Application

Table 67. ABB Solar Inverter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 68. ABB Main Business and Markets Served

Table 69. ABB Recent Developments/Updates

Table 70. SMA Solar Technology Solar Inverter Company Information

Table 71. SMA Solar Technology Solar Inverter Specification and Application

Table 72. SMA Solar Technology Solar Inverter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 73. SMA Solar Technology Main Business and Markets Served

Table 74. SMA Solar Technology Recent Developments/Updates

Table 75. Canadian Solar Solar Inverter Company Information

Table 76. Canadian Solar Solar Inverter Specification and Application

Table 77. Canadian Solar Solar Inverter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 78. Canadian Solar Main Business and Markets Served

Table 79. Canadian Solar Recent Developments/Updates

Table 80. SolarEdge Technologies Solar Inverter Company Information

Table 81. SolarEdge Technologies Solar Inverter Specification and Application

Table 82. SolarEdge Technologies Solar Inverter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 83. SolarEdge Technologies Main Business and Markets Served

Table 84. SolarEdge Technologies Recent Developments/Updates

Table 85. SunPower Solar Inverter Company Information

Table 86. SunPower Solar Inverter Specification and Application

Table 87. SunPower Solar Inverter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 88. SunPower Main Business and Markets Served

Table 89. SunPower Recent Developments/Updates

Table 90. Delta Electronics Solar Inverter Company Information

Table 91. Delta Electronics Solar Inverter Specification and Application

Table 92. Delta Electronics Solar Inverter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 93. Delta Electronics Main Business and Markets Served

Table 94. Delta Electronics Recent Developments/Updates

Table 95. Solectria Renewables Solar Inverter Company Information

Table 96. Solectria Renewables Solar Inverter Specification and Application

Table 97. Solectria Renewables Solar Inverter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 98. Solectria Renewables Main Business and Markets Served

Table 99. Solectria Renewables Recent Developments/Updates

Table 100. Sineng Electric Solar Inverter Company Information

Table 101. Sineng Electric Solar Inverter Specification and Application

Table 102. Sineng Electric Solar Inverter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 103. Sineng Electric Main Business and Markets Served

Table 104. Sineng Electric Recent Developments/Updates

Table 105. Hitachi Hi-Rel Power Electronics Solar Inverter Company Information

Table 106. Hitachi Hi-Rel Power Electronics Solar Inverter Specification and Application

Table 107. Hitachi Hi-Rel Power Electronics Solar Inverter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 108. Hitachi Hi-Rel Power Electronics Main Business and Markets Served

Table 109. Hitachi Hi-Rel Power Electronics Recent Developments/Updates

Table 110. Power electronics Solar Inverter Company Information

Table 111. Power electronics Solar Inverter Specification and Application

Table 112. Power electronics Solar Inverter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 113. Power electronics Main Business and Markets Served

Table 114. Power electronics Recent Developments/Updates

Table 115. Key Raw Materials Lists

Table 116. Raw Materials Key Suppliers Lists

Table 117. Solar Inverter Distributors List

Table 118. Solar Inverter Customers List

Table 119. Solar Inverter Market Trends

Table 120. Solar Inverter Market Drivers

Table 121. Solar Inverter Market Challenges

Table 122. Solar Inverter Market Restraints

Table 123. Research Programs/Design for This Report

Table 124. Key Data Information from Secondary Sources

Table 125. Key Data Information from Primary Sources

Table 126. Authors List of This Report

List of Figures

Figure 1. Product Picture of Solar Inverter

Figure 2. Global Solar Inverter Market Value by Type, (US$ Million) & (2020-2031)

Figure 3. Global Solar Inverter Market Share by Type: 2024 VS 2031

Figure 4. Central Solar Inverter Product Picture

Figure 5. String Solar Inverter Product Picture

Figure 6. Micro Solar Inverter Product Picture

Figure 7. Global Solar Inverter Market Value by Application, (US$ Million) & (2020-2031)

Figure 8. Global Solar Inverter Market Share by Application: 2024 VS 2031

Figure 9. Residential

Figure 10. Commercial

Figure 11. Utility

Figure 12. Global Solar Inverter Production Value (US$ Million), 2020 VS 2024 VS 2031

Figure 13. Global Solar Inverter Production Value (US$ Million) & (2020-2031)

Figure 14. Global Solar Inverter Production Capacity (K Units) & (2020-2031)

Figure 15. Global Solar Inverter Production (K Units) & (2020-2031)

Figure 16. Global Solar Inverter Average Price (USD/Unit) & (2020-2031)

Figure 17. Solar Inverter Report Years Considered

Figure 18. Solar Inverter Production Share by Manufacturers in 2024

Figure 19. Global Solar Inverter Production Value Share by Manufacturers (2024)

Figure 20. Solar Inverter Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 21. The Global 5 and 10 Largest Players: Market Share by Solar Inverter Revenue in 2024

Figure 22. Global Solar Inverter Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 23. Global Solar Inverter Production Value Market Share by Region: 2020 VS 2024 VS 2031

Figure 24. Global Solar Inverter Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)

Figure 25. Global Solar Inverter Production Market Share by Region: 2020 VS 2024 VS 2031

Figure 26. North America Solar Inverter Production Value (US$ Million) Growth Rate (2020-2031)

Figure 27. Europe Solar Inverter Production Value (US$ Million) Growth Rate (2020-2031)

Figure 28. China Solar Inverter Production Value (US$ Million) Growth Rate (2020-2031)

Figure 29. Japan Solar Inverter Production Value (US$ Million) Growth Rate (2020-2031)

Figure 30. South Korea Solar Inverter Production Value (US$ Million) Growth Rate (2020-2031)

Figure 31. Global Solar Inverter Consumption by Region: 2020 VS 2024 VS 2031 (K Units)

Figure 32. Global Solar Inverter Consumption Market Share by Region: 2020 VS 2024 VS 2031

Figure 33. North America Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 34. North America Solar Inverter Consumption Market Share by Country (2020-2031)

Figure 35. U.S. Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 36. Canada Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 37. Europe Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 38. Europe Solar Inverter Consumption Market Share by Country (2020-2031)

Figure 39. Germany Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 40. France Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 41. U.K. Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 42. Italy Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 43. Netherlands Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 44. Asia Pacific Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 45. Asia Pacific Solar Inverter Consumption Market Share by Region (2020-2031)

Figure 46. China Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 47. Japan Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 48. South Korea Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 49. China Taiwan Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 50. Southeast Asia Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 51. India Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 52. Latin America, Middle East & Africa Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 53. Latin America, Middle East & Africa Solar Inverter Consumption Market Share by Country (2020-2031)

Figure 54. Mexico Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 55. Brazil Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 56. Israel Solar Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 57. Global Production Market Share of Solar Inverter by Type (2020-2031)

Figure 58. Global Production Value Market Share of Solar Inverter by Type (2020-2031)

Figure 59. Global Solar Inverter Price (USD/Unit) by Type (2020-2031)

Figure 60. Global Production Market Share of Solar Inverter by Application (2020-2031)

Figure 61. Global Production Value Market Share of Solar Inverter by Application (2020-2031)

Figure 62. Global Solar Inverter Price (USD/Unit) by Application (2020-2031)

Figure 63. Solar Inverter Value Chain

Figure 64. Channels of Distribution (Direct Vs Distribution)

Figure 65. Bottom-up and Top-down Approaches for This Report

Figure 66. Data Triangulation

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Global Solar Inverter Market Research Report 2025

Published Date: July 2025

Report Code: QYRE-Auto-31U4048

Global Solar Inverter Market Research Report 2025

FEATURED COMPANIES

Solar Inverter Market Size

Solar Inverter Market

Report Scope

Scope of Solar Inverter Market Report

Chapter Outline

FAQ for this report

How fast is Solar Inverter Market growing?

What is the Solar Inverter Market size in 2031?

What is the Solar Inverter Market share by region?

Who are the main players in the Solar Inverter Market report?

What are the Application segmentation covered in the Solar Inverter Market report?

What are the Type segmentation covered in the Solar Inverter Market report?

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