Solar Pv Inverter Market Scope And Analysis

Report Code : TIPRE00029370
Category : Energy and Power

Status : Published
No. of Pages : 199

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Solar PV Inverter Market Scope, Growth, Size and Share by 2031

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Solar PV Inverter Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 17,041.24 Million
Market Size by 2030	US$ 8,673.56 Million
Global CAGR (2022 - 2030)	7.8%
Historical Data	2020-2021
Forecast period	2022-2030
Segments Covered	By Product Type String Micro Central By Phase Single Phase Three Phase By Connectivity Standalone On-grid By Application Residential and Community Commercial and Industrial Utility
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Delta Electronics Inc FIMER S P A FRONIUS International GmbH GINLONG Technologies Huawei Technologies Co Ltd SMA Solar Technology AG Solaredge Technologies Inc Sungrow Power Supply Co Ltd Power Electronics S L Growatt New Energy

Solar PV Inverter Market News and Recent Developments

The solar PV inverter market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for solar PV inverter market and strategies:

In February 2023, SolarEdge Technologies Inc. signed a multi-year agreement with Freedom Forever, the US residential solar installation company. This agreement aimed at supplying residential smart energy products and solutions. Through this multi-year agreement between the companies, Freedom Forever will offer the products of SolarEdge Home Smart Energy Ecosystem, including the Home Hub Inverter, Power Optimizers, Home Battery, Backup Interface, Smart Energy Devices such as the SolarEdge EV Charger and Load Controllers.
In April 2022, SMA expanded its product line by adding a new line of four inverters having power ratings of 12, 15, 20 and 25 kW. It would be used in rooftop applications up to 135kW in size.

Solar PV Inverter Market Report Coverage and Deliverables

The “Solar PV Inverter Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:

Market size and forecast at global, regional, & country levels for all the key market segments covered under the scope
Market dynamics such as drivers, restraints, and key opportunities
Key future trends
Detailed Porter’s Five Forces analysis
Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
Detailed company profiles with SWOT analysis