2024-2032 年按技術、電壓、應用和地區分類的太陽能光電逆變器市場報告

2023年全球太陽能光電逆變器市場規模達83億美元。展望未來， IMARC Group預計到2032年市場規模將達到123億美元，2024-2032年複合年成長率（CAGR）為4.4%。政府舉措和政策的實施、太陽能光伏逆變器成本的下降、全球能源需求的增加以及技術的快速進步是推動市場的一些主要因素。

太陽能光伏 (PV) 逆變器是太陽能系統的重要組成部分，可將太陽能板產生的直流電轉換為交流電 (AC)。它由關鍵組件組成，例如功率電晶體、變壓器和複雜的軟體控制。太陽能光電逆變器廣泛應用於各個領域，包括住宅、商業建築、農業經營、交通、城市規劃、太空技術、遠端電力系統、電網支援和環境保護措施。它實現了太陽能的實際利用，促進能源獨立，提供再生能源，透過上網電價補貼提供潛在收入，並減少碳足跡。

最近的技術進步不斷提高效率和可靠性、改善熱管理並增加太陽能光電逆變器的容量，正在推動市場成長。除此之外，智慧逆變器的引進也是另一個成長誘因，它提供電網支援功能和先進的監控功能，確保最佳的系統運作和維護。此外，大眾環保意識的不斷提高正在推動向太陽能等再生能源的轉變，這有助於市場的成長。除此之外，儲能系統的出現和發展正在積極影響市場的成長，該系統可以儲存多餘的太陽能以在沒有陽光時使用。其他因素，包括交通部門的快速電氣化、廣泛的研發（R＆D）活動以及農村地區電氣化需求的增加，預計將推動市場成長。

太陽能光電逆變器市場趨勢/促進因素：

政府措施和政策的實施

政府措施和政策有助於促進市場成長。全球各國政府已經認知到氣候變遷帶來的迫在眉睫的威脅以及向太陽能等清潔、再生能源過渡的必要性。為了激勵這種轉變，他們引入了一系列支持機制，例如上網電價補貼、稅收抵免和直接補貼，從而減輕了屋主和企業安裝太陽能板的財務負擔。同時，許多國家也制定了積極的再生能源目標，並得到了支持性立法的支持，這進一步推動了對太陽能光電逆變器的需求。這些政策不僅降低了太陽能裝置的前期成本，而且還增強了其長期的經濟可行性。政府的此類果斷行動標誌著對再生能源的堅定承諾，從而增強了消費者和投資者的信心並推動市場成長。

產品成本快速下降

太陽能光電逆變器成本的下降是市場成長的另一個重要推動力。隨著技術的進步，製造流程的效率提高，有助於降低原料和零件的成本。製造業自動化的興起也降低了勞動力成本並最大限度地減少了人為錯誤，從而提高了產品的可靠性。此外，需求增加導致生產規模擴大，形成規模經濟，進而降低太陽能光電逆變器的單位成本。此外，現在越來越多的消費者能夠負擔得起太陽能，從想要抵消電費的屋主到旨在實現永續發展目標的企業。成本的降低正在推動太陽能發電系統的廣泛採用，進而推動對太陽能光電逆變器的需求。

全球能源需求不斷成長

由於快速的工業化和城市化活動，全球能源需求激增。傳統能源有限且對環境造成破壞，因此尋找永續的替代能源至關重要。由太陽能光電逆變器推動的太陽能提供了可行的解決方案。太陽能利用太陽能這種豐富的再生資源來發電。隨著全球交通、暖氣和冷氣等產業向電氣化轉變，電力需求將呈指數級成長。使用光伏逆變器的太陽能發電系統可以以永續的方式滿足這種不斷成長的需求。從住宅屋頂到商業設施和公用事業規模的太陽能發電場，太陽能的應用正在全面擴展。因此，全球能源需求的成長是推動太陽能光電逆變器市場成長的關鍵驅動力。

目錄

第1章：前言

第 2 章：範圍與方法

• 研究目的
• 利害關係人
• 資料來源
  • 主要資源
  • 二手資料
• 市場預測
  • 自下而上的方法
  • 自上而下的方法
• 預測方法

第 3 章：執行摘要

第 4 章：簡介

• 概述
• 主要行業趨勢

第 5 章：全球太陽能光電逆變器市場

• 市場概況
• 市場業績
• COVID-19 的影響
• 市場區隔：按技術
• 市場細分：按電壓
• 市場區隔：按應用
• 市場區隔：按地區
• 市場預測

第 6 章：市場區隔：依技術

• 中央逆變器
  • 市場走向
  • 市場預測
• 組串逆變器
  • 市場走向
  • 市場預測
• 微型逆變器
  • 市場走向
  • 市場預測
• 其他
  • 市場走向
  • 市場預測

第 7 章：市場細分：按電壓

• <1,000V
  • 市場走向
  • 市場預測
• 1,000 - 1,499 伏
  • 市場走向
  • 市場預測
• > 1,500 伏
  • 市場走向
  • 市場預測

第 8 章：市場區隔：按應用

• 實用規模
  • 市場走向
  • 市場預測
• 住宅規模
  • 市場走向
  • 市場預測
• 小型商業規模
  • 市場走向
  • 市場預測
• 大型商業規模
  • 市場走向
  • 市場預測
• 產業規模
  • 市場走向
  • 市場預測

第 9 章：市場區隔：按地區

• 亞太地區
  • 市場走向
  • 市場預測
• 歐洲
  • 市場走向
  • 市場預測
• 北美洲
  • 市場走向
  • 市場預測
• 中東和非洲
  • 市場走向
  • 市場預測
• 拉丁美洲
  • 市場走向
  • 市場預測

第 10 章：全球太陽能光電逆變器產業：SWOT 分析

• 概述
• 優勢
• 弱點
• 機會
• 威脅

第 11 章：全球太陽能光電逆變器產業：價值鏈分析

• 概述
• 研究與開發
• 原物料採購
• 製造業
• 行銷
• 分配
• 最終用途

第12章：全球太陽能光電逆變器產業：波特五力分析

• 概述
• 買家的議價能力
• 供應商的議價能力
• 競爭程度
• 新進入者的威脅
• 替代品的威脅

第 13 章：全球太陽能光電逆變器產業：價格分析

• 價格指標
• 價格結構
• 利潤分析

第 14 章：太陽能光電逆變器製造流程

• 產品概述
• 原料要求
• 製造流程
• 關鍵成功因素與風險因素

第15章：競爭格局

• 市場結構
• 關鍵參與者
• 關鍵參與者簡介
  • ABB Ltd
  • Schneider Electric SE
  • Siemens AG
  • Mitsubishi Electric Corporation
  • Omron Corporation
  • General Electric Company
  • SMA Solar Technology AG
  • Delta Energy Systems Inc.
  • Enphase Energy Inc.
  • SolarEdge Technologies Inc.
  • Huawei Technologies Co. Ltd
  • Kstar New Energy Co. Ltd
  • Sineng Electric Co. Ltd
  • Sungrow Power Supply Co Ltd
  • Tabuchi Electric Co. Ltd
  • TBEA Sunoasis Co. Ltd
  • Toshiba Corporation

The global solar PV inverter market size reached US$ 8.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 12.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4.4% during 2024-2032. The implementation of government initiatives and policies, declining costs of solar PV inverters, increasing energy demand across the globe, and rapid technological advancements are some of the major factors propelling the market.

A solar photovoltaic (PV) inverter is a vital component of solar energy systems, transforming direct current produced by solar panels into alternating current (AC). It comprises key components, such as power transistors, transformers, and complex software controls. Solar PV inverter finds applications across diverse fields, including residential housing, commercial buildings, agricultural operations, transportation, urban planning, space technology, remote power systems, grid support, and environmental conservation initiatives. It enables the practical utilization of solar energy, promotes energy independence, provides a renewable energy source, offers potential income through feed-in tariffs, and reduces carbon footprints.

The recent technological advancements, which continuously refine efficiency and reliability, improve thermal management, and increase the capacity of solar PV inverters, are propelling the market growth. Along with this, the introduction of smart inverters, which provide grid support features and advanced monitoring capabilities, ensuring optimal system operation and maintenance, is acting as another growth-inducing factor. Furthermore, escalating environmental awareness among the masses is propelling the shift towards renewable energy sources, such as solar power, which is contributing to the market growth. Apart from this, the advent and growth of energy storage systems, which can store excess solar power for use when sunlight is not available, is positively influencing the market growth. Other factors, including rapid electrification of the transportation sector, extensive research and development (R&D) activities, and increasing demand for electrification of rural areas, are anticipated to drive the market growth.

Solar PV Inverter Market Trends/Drivers:

The implementation of government initiatives and policies

Government initiatives and policies are instrumental in fostering the market growth. Governments across the globe have recognized the imminent threat owing to climate change and the need to transition towards clean, renewable energy sources, such as solar power. To incentivize this transition, they have introduced an array of support mechanisms, such as feed-in tariffs, tax credits, and direct subsidies, which reduces the financial burden on homeowners and businesses for installing solar panels. Along with this, numerous countries have also enacted aggressive renewable energy targets backed by supportive legislation, which is further driving the demand for solar PV inverters. These policies not only lower the upfront costs of solar installations but also enhance their economic viability over the long term. Such decisive actions from governments signal a robust commitment to renewable energy, thereby instilling confidence among consumers and investors and driving the market growth.

The rapid decline in product costs

The declining cost of solar PV inverters is another significant driver of market growth. As technology advances, the efficiencies of manufacturing processes improve, contributing to a reduction in the cost of raw materials and components. The rise of automation in manufacturing has also reduced labor costs and minimized human error, enhancing product reliability. Furthermore, the expanding scale of production due to increasing demand leads to economies of scale, which reduces the per-unit cost of solar PV inverters. Moreover, solar energy is now becoming increasingly affordable for a wide array of consumers, from homeowners wanting to offset their electricity bills to businesses aiming to achieve sustainability goals. Lower costs are driving the widespread adoption of solar power systems and, by extension, the demand for solar PV inverters.

The increasing energy demand across the globe

The energy demand across the globe is surging due to rapid industrialization and urbanization activities. Traditional energy sources are limited and environmentally damaging, making it essential to find sustainable alternatives. Solar power, facilitated by solar PV inverters, provides a viable solution. Solar energy harnesses the sun's power, an abundant and renewable resource, to generate electricity. With the global shift towards electrification in sectors such as transport, heating, and cooling, the demand for electricity is set to grow exponentially. Solar power systems using PV inverters can meet this increased demand in a sustainable manner. From residential rooftops to commercial installations and utility-scale solar farms, the application of solar energy is expanding across the board. Thus, rising global energy demand is a key driver propelling the growth of the solar PV inverter market.

Solar PV Inverter Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global solar PV inverter market report, along with forecasts at the global and regional levels from 2024-2032. Our report has categorized the market based on technology, voltage and application.

Breakup by Technology:

Central Inverters

String Inverters

Microinverters

Others

String inverters dominate the market

The report has provided a detailed breakup and analysis of the market based on the technology. This includes central inverters, string inverters, microinverters, and others. According to the report, string inverters represented the largest market segment.

String inverters are currently dominating the market as they have been the standard in the solar industry for many years, and their long-standing presence in the market has led to wide acceptance and trust in their technology. Furthermore, they offer a significant cost advantage over other types of inverters, such as microinverters and power optimizers. String inverters also have lower upfront costs, making them an attractive option for cost-conscious consumers. Apart from this, string inverters are incredibly efficient for larger, unshaded installations. They perform exceptionally well in conditions where solar panels receive uniform sunlight, making them a preferred choice for large residential, commercial, or utility-scale installations. Additionally, the recent development of multi-string inverters, which provide more flexibility and efficiency, is contributing to the market growth.

Breakup by Voltage:

< 1,000 V

1,000 - 1,499 V

> 1,500 V

> 1500 V dominates the market

The report has provided a detailed breakup and analysis of the market based on the voltage. This includes < 1000 V, 1000 - 1499 V, and > 1500 V. According to the report, > 1500 V represented the largest market segment.

The >1500V segment is dominating the market as it allows more solar modules to be connected in series in a string, reducing the number of strings needed. This reduction leads to fewer combiner boxes, fewer cables, and fewer connections, thereby resulting in significant balance of system (BOS) cost savings. Furthermore, it results in a lower current for the same power output, which reduces resistive losses in the system, leading to an overall increase in system efficiency. Additionally, the recent technological advancements in components, such as inverters, transformers, and switchgears, have made it safer and more reliable to operate at these higher voltages, such as > 15000. Moreover, the implementation of favorable regulations and grid codes in many regions supports the adoption of higher voltage levels, further driving the trend towards >1500V systems.

Breakup by Application:

Utility Scale

Residential Scale

Small Commercial Scale

Large Commercial Scale

Industrial Scale

Utility scale dominate the market

The report has provided a detailed breakup and analysis of the market based on the application. This includes utility scale, residential scale, small commercial scale, large commercial scale and industrial scale. According to the report, utility scale represented the largest market segment.

Utility-scale solar projects are dominating the market as they outsize residential and commercial installations in terms of power generation capacity. Given their large scale, even a single utility-scale project can require hundreds or even thousands of inverters, thereby driving up demand in the inverter market. Furthermore, many countries are aggressively expanding their renewable energy capacity to meet climate goals by establishing utility-scale solar farms, which is further boosting the market growth. Apart from this, utility-scale projects offer economies of scale, as the per-unit cost of components, including solar PV inverters, decreases significantly with the scale of the project. This cost advantage makes utility-scale projects more financially attractive, thereby driving their prevalence. Moreover, recent advancements in technology have resulted in more efficient and reliable solar PV inverters that can handle the high power output of utility-scale projects.

Breakup by Region:

Asia Pacific

Europe

North America

Middle East and Africa

Latin America

Asia Pacific exhibits a clear dominance in the market, accounting for the largest solar PV inverter market share

The report has also provided a comprehensive analysis of all the major regional markets, which includes Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. According to the report, Asia Pacific represented the largest market segment. According to the report, Asia Pacific represented the largest market.

The Asia Pacific region is dominating the solar PV inverter market due to the implementation of ambitious renewable energy targets and supportive government policies, driving large-scale installations of solar power systems. Furthermore, the region has a substantial and growing demand for electricity due to rapid industrialization, urbanization, and population growth. Solar power, facilitated by solar PV inverters, is viewed as a sustainable solution to meet this escalating energy demand. Additionally, the Asia Pacific region has a significant need for rural electrification. Countries with remote areas lacking grid infrastructure are turning towards solar power as a practical solution for electrification, thereby driving the demand for solar PV inverters. Moreover, the region's abundant sunshine provides excellent conditions for solar power generation, making solar energy a naturally preferred choice.

Competitive Landscape:

The key market players are significantly heavily in research and development (R&D) to introduce innovative products that offer higher efficiency, reliability, and better integration with energy storage systems. They are also developing smart inverters equipped with advanced features, such as predictive maintenance, remote monitoring and control, and grid support functions. Furthermore, companies are entering partnerships and collaborations with other industry players, research institutions, and technology firms to leverage shared resources and expertise. Additionally, they are pursuing mergers and acquisitions (M&A) strategies to increase their market share, expand their product portfolios, and strengthen their technological capabilities. Moreover, many leading companies are expanding their manufacturing capacities by setting up new production facilities or enhancing existing ones to meet the rising demand for solar PV inverters.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

ABB Ltd

Schneider Electric SE

Siemens AG

Mitsubishi Electric Corporation

Omron Corporation

General Electric Company

SMA Solar Technology AG

Delta Energy Systems Inc.

Enphase Energy Inc.

SolarEdge Technologies Inc.

Huawei Technologies Co. Ltd

Kstar New Energy Co. Ltd

Sineng Electric Co. Ltd

Sungrow Power Supply Co Ltd

Tabuchi Electric Co. Ltd

TBEA Sunoasis Co. Ltd

Toshiba Corporation

Recent Developments:

In March 2022, ABB Ltd. concluded the sale of its solar inverter business to Italian inverter manufacturer FIMER SpA. With this move, ABB Ltd. intends to create new business opportunities for the solar inverter business under FIMER.

In June 2022, Schneider Electric SE launched two new solar power solutions, namely the Homaya Pro Solar-Hybrid Inverter and the Mobiya Original Solar Lantern, for communities that have little or no access to energy.

In April 2023, Siemens AG signed a deal with Lightsource bp to supply solar inverter stations.

Key Questions Answered in This Report

• 1. How big is the global solar PV inverter market?
• 2. What is the expected growth rate of the global solar PV inverter market during 2024-2032?
• 3. What are the key factors driving the global solar PV inverter market?
• 4. What has been the impact of COVID-19 on the global solar PV inverter market?
• 5. What is the breakup of the global solar PV inverter market based on the technology?
• 6. What is the breakup of the global solar PV inverter market based on the voltage?
• 7. What is the breakup of the global solar PV inverter market based on the application?
• 8. What are the key regions in the global solar PV inverter market?
• 9. Who are the key players/companies in the global solar PV inverter market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Solar PV Inverter Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Breakup by Technology
• 5.5 Market Breakup by Voltage
• 5.6 Market Breakup by Application
• 5.7 Market Breakup by Region
• 5.8 Market Forecast

6 Market Breakup by Technology

• 6.1 Central Inverters
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 String Inverters
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Microinverters
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 Others
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast

7 Market Breakup by Voltage

• 7.1 < 1,000 V
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 1,000 - 1,499 V
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 > 1,500 V
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast

8 Market Breakup by Application

• 8.1 Utility Scale
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Residential Scale
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Small Commercial Scale
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Large Commercial Scale
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 Industrial Scale
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast

9 Market Breakup by Region

• 9.1 Asia Pacific
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Europe
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 North America
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast
• 9.4 Middle East and Africa
  • 9.4.1 Market Trends
  • 9.4.2 Market Forecast
• 9.5 Latin America
  • 9.5.1 Market Trends
  • 9.5.2 Market Forecast

10 Global Solar PV Inverter Industry: SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Global Solar PV Inverter Industry: Value Chain Analysis

• 11.1 Overview
• 11.2 Research and Development
• 11.3 Raw Material Procurement
• 11.4 Manufacturing
• 11.5 Marketing
• 11.6 Distribution
• 11.7 End-Use

12 Global Solar PV Inverter Industry: Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Global Solar PV Inverter Industry: Price Analysis

• 13.1 Price Indicators
• 13.2 Price Structure
• 13.3 Margin Analysis

14 Solar PV Inverter Manufacturing Process

• 14.1 Product Overview
• 14.2 Raw Material Requirements
• 14.3 Manufacturing Process
• 14.4 Key Success and Risk Factors

15 Competitive Landscape

• 15.1 Market Structure
• 15.2 Key Players
• 15.3 Profiles of Key Players
  • 15.3.1 ABB Ltd
  • 15.3.2 Schneider Electric SE
  • 15.3.3 Siemens AG
  • 15.3.4 Mitsubishi Electric Corporation
  • 15.3.5 Omron Corporation
  • 15.3.6 General Electric Company
  • 15.3.7 SMA Solar Technology AG
  • 15.3.8 Delta Energy Systems Inc.
  • 15.3.9 Enphase Energy Inc.
  • 15.3.10 SolarEdge Technologies Inc.
  • 15.3.11 Huawei Technologies Co. Ltd
  • 15.3.12 Kstar New Energy Co. Ltd
  • 15.3.13 Sineng Electric Co. Ltd
  • 15.3.14 Sungrow Power Supply Co Ltd
  • 15.3.15 Tabuchi Electric Co. Ltd
  • 15.3.16 TBEA Sunoasis Co. Ltd
  • 15.3.17 Toshiba Corporation

List of Figures

• Figure 1: Global: Solar PV Inverter Market: Major Drivers and Challenges
• Figure 2: Global: Solar PV Inverter Market: Sales Value (in Billion US$), 2018-2023
• Figure 3: Global: Solar PV Inverter Market: Breakup by Technology (in %), 2023
• Figure 4: Global: Solar PV Inverter Market: Breakup by Voltage (in %), 2023
• Figure 5: Global: Solar PV Inverter Market: Breakup by Application (in %), 2023
• Figure 6: Global: Solar PV Inverter Market: Breakup by Region (in %), 2023
• Figure 7: Global: Solar PV Inverter Market Forecast: Sales Value (in Billion US$), 2024-2032
• Figure 8: Global: Solar PV Inverter Industry: SWOT Analysis
• Figure 9: Global: Solar PV Inverter Industry: Value Chain Analysis
• Figure 10: Global: Solar PV Inverter Industry: Porter's Five Forces Analysis
• Figure 11: Global: Solar PV Inverter (Central Inverters) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 12: Global: Solar PV Inverter (Central Inverters) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 13: Global: Solar PV Inverter (String Inverters) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 14: Global: Solar PV Inverter (String Inverters) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 15: Global: Solar PV Inverter (Microinverters) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 16: Global: Solar PV Inverter (Microinverters) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 17: Global: Solar PV Inverter (Others) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 18: Global: Solar PV Inverter (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 19: Global: Solar PV Inverter (< 1,000 V) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 20: Global: Solar PV Inverter (< 1,000 V) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 21: Global: Solar PV Inverter (1,000 - 1,499 V) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 22: Global: Solar PV Inverter (1,000 - 1,499 V) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 23: Global: Solar PV Inverter (> 1,500 V) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 24: Global: Solar PV Inverter (> 1,500 V) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 25: Global: Solar PV Inverter (Utility Scale) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 26: Global: Solar PV Inverter (Utility Scale) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 27: Global: Solar PV Inverter (Residential Scale) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 28: Global: Solar PV Inverter (Residential Scale) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 29: Global: Solar PV Inverter (Small Commercial Scale) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 30: Global: Solar PV Inverter (Small Commercial Scale) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 31: Global: Solar PV Inverter (Large Commercial Scale) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 32: Global: Solar PV Inverter (Large Commercial Scale) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 33: Global: Solar PV Inverter (Industrial Scale) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 34: Global: Solar PV Inverter (Industrial Scale) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 35: Asia Pacific: Solar PV Inverter Market: Sales Value (in Million US$), 2018 & 2023
• Figure 36: Asia Pacific: Solar PV Inverter Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 37: Europe: Solar PV Inverter Market: Sales Value (in Million US$), 2018 & 2023
• Figure 38: Europe: Solar PV Inverter Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 39: North America: Solar PV Inverter Market: Sales Value (in Million US$), 2018 & 2023
• Figure 40: North America: Solar PV Inverter Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 41: Middle East and Africa: Solar PV Inverter Market: Sales Value (in Million US$), 2018 & 2023
• Figure 42: Middle East and Africa: Solar PV Inverter Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 43: Latin America: Solar PV Inverter Market: Sales Value (in Million US$), 2018 & 2023
• Figure 44: Latin America: Solar PV Inverter Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 45: Solar PV Inverter Manufacturing: Process Flow

List of Tables

• Table 1: Global: Solar PV Inverter Market: Key Industry Highlights, 2023 and 2032
• Table 2: Global: Solar PV Inverter Market Forecast: Breakup by Technology (in Million US$), 2024-2032
• Table 3: Global: Solar PV Inverter Market Forecast: Breakup by Voltage (in Million US$), 2024-2032
• Table 4: Global: Solar PV Inverter Market Forecast: Breakup by Application (in Million US$), 2024-2032
• Table 5: Global: Solar PV Inverter Market Forecast: Breakup by Region (in Million US$), 2024-2032
• Table 6: Solar PV Inverter: Raw Material Requirements
• Table 7: Global: Solar PV Inverter Market: Competitive Structure
• Table 8: Global: Solar PV Inverter Market: Key Players