Solar Inverters Market Share, Size, and Outlook by 2028
Solar Inverters Market: Strategic Insights
Solar Inverters Market
-
CAGR (2023 - 2031)9.4% -
Market Size 2023
US$ 10.65 Billion -
Market Size 2031
US$ 21.87 Billion
Market Dynamics
GROWTH DRIVERS
- Rise in demand for energy
FUTURE TRENDS
- Advancement in solar inverters
OPPORTUNITIES
- The government focuses on creating clean energy
Key Players
- FIMER SpA
- Delta Electronics Inc
- Enertechups
- GOODWE
- Power Electronics S L
- Powerone Micro Systems Pvt Ltd
- Sineng Electric
- SMA Solar Technology AG
- Solaredge Technologies Inc
- Hitachi Hi Rel Power Electronics Pvt Ltd
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Central
- String
- Micro
System Type
- On-Grid and Off-Grid
End User
- Residential
- Commercial
- Utility