Analysts’ Viewpoint
Increase in installation of solar PV systems and technological innovation are major factors driving the growth of the inverter industry.
Inverters are now becoming increasingly popular in the residential market due to their flexibility, reliability, and cost-effectiveness. With improved technology, households are turning to inverters for reliable energy solutions and reduced electricity costs, which is projected to fuel the inverter market size.
In line with current inverter market trends, manufacturers are introducing new inverter models with advanced features such as remote monitoring, surge protection, and energy storage capacity. This is driving down prices and making inverters more accessible to a wider range of households. Future market growth depends on innovation and reducing carbon footprints. Inverter market demand is projected to increase in the next few years due to this trend.
An inverter is a device that converts direct current (DC) to alternating current (AC). Design of the specific device or circuitry determines the input voltage, output voltage and frequency, and overall power handling. Inverters do not produce any power; the power is provided by a DC source. DC-to-AC converter, phase inverter, and voltage changer are the most commonly used types of inverters.
An inverter is used to provide an AC output from a DC source, such as a battery or solar panel. Inverters can also be used to change the voltage of an AC source, such as by stepping up a low voltage to a higher voltage or stepping down a higher voltage to a lower voltage. Inverters are used in a wide variety of applications, from providing power for small electronic devices to large power systems in homes, businesses, and vehicles.
Power inverters convert DC power from renewable energy sources, such as solar and wind power systems, into AC power for home or business use. Voltage inverters also convert AC power from utility-scale power generation plants, such as nuclear, hydroelectric, and natural gas power plants, into DC power for the electric grid.
Solar inverters are an essential part of a solar photovoltaic (PV) system. They convert the direct current (DC) electricity generated by the solar panels into alternating current (AC) electricity, which can then be used to power appliances and lighting. The surge in installation of solar PV systems is fueling inverter market opportunities.
According to the latest data on solar power, 3.2 million US residences have installed solar panels. Approximately 3.7% of U.S. houses and 1.6% of commercial buildings generated electricity from small-scale solar arrays in 2020, as per the Energy Information Administration.
The number of residential battery energy storage systems (BESS) deployed across Europe increased from 650,000 in 2021 to more than 1 million in 2022, according to the most recent statistics from Solar Power Europe.
Overall, the declining cost of solar components is making it easier for consumers to adopt solar energy. As a result, increasing installations of solar PV systems are projected to boost inverter market share in the near future.
Growth of the global inverter market can be ascribed to the recent technological innovations taking place in the industry. Inverters are becoming increasingly popular due to their ability to convert DC power into AC power, which is much more efficient and cost-effective.
With the advancement of technology, inverter manufacturers are now able to provide high-quality inverters with a wide range of features that can be used for various applications. These advantages of inverters include advanced power management, voltage regulation, and energy storage capabilities.
Furthermore, the development of smart grid technology and the introduction of energy storage systems have opened up new opportunities for manufacturers of inverters. These energy storage systems allow consumers to store excess energy generated from renewable sources, which can then be used during peak demand periods. Such developments are expected to further fuel the inverter market forecast in the near future.
Asia Pacific is estimated to hold the largest inverter market share during the forecast period. This is attributed to the increasing demand for power backup solutions in the region. As per the Asia Pacific inverter market overview, rise in investments in solar energy projects, increase in demand for energy-efficient products, and technological advancements are some of the major factors creating lucrative market opportunities for market players in the region.
Inverter market size in North America is anticipated to grow at the fastest rate. As per the latest market analysis in North America, the market is being driven by the growth in number of government initiatives to promote the usage of renewable energy sources.
Inverter business model of prominent manufacturers includes investments in R&D, product expansions, and mergers and acquisitions. Inverter market competitor analysis suggests that product development is a major strategy of top players. The market is highly competitive, with the presence of various global and regional players.
Delta Electronics, Inc., Enphase Energy, Fronius International GmbH, General Electric Company, GoodWe, KACO new energy GmbH, Mitsubishi Electric Corporation, Schneider Electric, SolarEdge, and TMEIC are the prominent entities profiled in the inverter market report.
Each of these players has been profiled in the inverter market research report based on parameters such as company overview, financial overview, business strategies, business segments, product portfolio, and recent developments.
| Attribute | Detail |
|---|---|
| Market Size in 2022 | US$ 15.0 Bn |
| Market Forecast Value in 2031 | US$ 25.6 Bn |
| Growth Rate (CAGR) | 6.1% |
| Forecast Period | 2023-2031 |
| Historical Data Available for | 2017-2021 |
| Quantitative Units | US$ Bn for Value & Units for Volume |
| Market Analysis | Includes cross segment analysis at regional as well as country levels. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
| Competition Landscape |
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| Format | Electronic (PDF) + Excel |
| Market Segmentation |
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| Regions Covered |
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| Countries Covered |
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| Companies Profiled |
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| Customization Scope | Available upon request |
| Pricing | Available upon request |
It was valued at US$ 15.0 Bn in 2022
It is projected to grow at a CAGR of 6.1% from 2023 to 2031
Increase in installations of solar PV systems and technological innovation
Based on product type, the PV inverter system accounted for a significant share of the global market in 2022
Asia Pacific is estimated to hold the largest share during the forecast period
Delta Electronics, Inc., Enphase Energy, Fronius International GmbH, General Electric Company, GoodWe, KACO new energy GmbH, Mitsubishi Electric Corporation, Schneider Electric, SolarEdge, and TMEIC
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Introduction
5.2. Market Dynamics
5.2.1. Drivers
5.2.2. Restraints
5.2.3. Opportunities
5.3. Key Trends Analysis
5.3.1. Demand Side Analysis
5.3.2. Supply Side Analysis
5.4. Key Market Indicators
5.5. Porter’s Five Forces Analysis
5.6. Industry SWOT Analysis
5.7. Value Chain Analysis
5.8. Key Regulatory Framework
5.9. Global Inverter Market Analysis and Forecast, 2017 - 2031
5.9.1. Market Value Projections (US$ Bn)
5.9.2. Market Volume Projections (Units)
6. Global Inverter Market Analysis and Forecast, By Product Type
6.1. Inverter Market Size (US$ Bn and Units) Forecast, By Product Type, 2017 - 2031
6.1.1. PV Inverter System
6.1.1.1. Central Inverter
6.1.1.2. String Inverter
6.1.2. Battery Inverter
6.2. Incremental Opportunity, By Product Type
7. Global Inverter Market Analysis and Forecast, By Load
7.1. Inverter Market Size (US$ Bn and Units) Forecast, Load, 2017 - 2031
7.1.1. Single Phase Inverter
7.1.2. Three Phase Inverter
7.2. Incremental Opportunity, By Load
8. Global Inverter Market Analysis and Forecast, By Capacity
8.1. Inverter Market Size (US$ Bn and Units) Forecast, Capacity, 2017 - 2031
8.1.1. Up to 10kW
8.1.2. 10kW-15kW
8.1.3. 15kW-20kW
8.1.4. Above 20kW
8.2. Incremental Opportunity, By Capacity
9. Global Inverter Market Analysis and Forecast, By Installation
9.1. Inverter Market Size (US$ Bn and Units) Forecast, Installation, 2017 - 2031
9.1.1. Indoor
9.1.2. Outdoor
9.2. Incremental Opportunity, By Installation
10. Global Inverter Market Analysis and Forecast, By End-user
10.1. Inverter Market Size (US$ Bn and Units) Forecast, End User, 2017 - 2031
10.1.1. Residential
10.1.2. Commercial
10.1.2.1. Offices
10.1.2.2. Institutions
10.1.2.3. Malls
10.1.2.4. Theaters
10.1.2.5. Others
10.1.3. Industrial
10.1.3.1. Renewable Energy
10.1.3.2. Automotive
10.1.3.3. Food & Beverage
10.1.3.4. Others
10.2. Incremental Opportunity, By End-user
11. Global Inverter Market Analysis and Forecast, By Distribution Channel
11.1. Inverter Market Size (US$ Bn and Units) Forecast, Distribution Channel, 2017 - 2031
11.1.1. Direct Sales
11.1.2. Indirect Sales
11.2. Incremental Opportunity, By Distribution Channel
12. Global Inverter Market Analysis and Forecast, By Region
12.1. Inverter Market Size (US$ Bn and Units) Forecast, By Region, 2017 - 2031
12.1.1. North America
12.1.2. Europe
12.1.3. Asia Pacific
12.1.4. Middle East & Africa
12.1.5. South America
12.2. Incremental Opportunity, By Region
13. North America Inverter Market Analysis and Forecast
13.1. Regional Snapshot
13.2. Macroeconomic Scenario
13.3. Key Brand Analysis
13.4. Price Trend Analysis
13.4.1. Weighted Average Price
13.5. Key Trends Analysis
13.5.1. Demand Side
13.5.2. Supplier Side
13.6. Inverter Market Size (US$ Bn and Units) Forecast, By Product Type, 2017 - 2031
13.6.1. PV Inverter System
13.6.1.1. Central Inverter
13.6.1.2. String Inverter
13.6.2. Battery Inverter
13.7. Inverter Market Size (US$ Bn and Units) Forecast, Load, 2017 - 2031
13.7.1. Single Phase Inverter
13.7.2. Three Phase Inverter
13.8. Inverter Market Size (US$ Bn and Units) Forecast, Capacity, 2017 - 2031
13.8.1. Up to 10kW
13.8.2. 10kW-15kW
13.8.3. 15kW-20kW
13.8.4. Above 20kW
13.9. Inverter Market Size (US$ Bn and Units) Forecast, Installation, 2017 - 2031
13.9.1. Indoor
13.9.2. Outdoor
13.10. Inverter Market Size (US$ Bn and Units) Forecast, End-user, 2017 - 2031
13.10.1. Residential
13.10.2. Commercial
13.10.2.1. Offices
13.10.2.2. Institutions
13.10.2.3. Malls
13.10.2.4. Theaters
13.10.2.5. Others
13.10.3. Industrial
13.10.3.1. Renewable Energy
13.10.3.2. Automotive
13.10.3.3. Food & Beverage
13.10.3.4. Others
13.11. Inverter Market Size (US$ Bn and Units) Forecast, Distribution Channel, 2017 - 2031
13.11.1. Direct Sales
13.11.2. Indirect Sales
13.12. Inverter Market Size (US$ Bn and Units) Forecast, By Country/Sub-region, 2017 - 2031
13.12.1. U.S
13.12.2. Canada
13.12.3. Rest of North America
13.13. Incremental Opportunity Analysis
14. Europe Inverter Market Analysis and Forecast
14.1. Regional Snapshot
14.2. Macroeconomic Scenario
14.3. Key Brand Analysis
14.4. Price Trend Analysis
14.4.1. Weighted Average Price
14.5. Key Trends Analysis
14.5.1. Demand Side
14.5.2. Supplier Side
14.6. Inverter Market Size (US$ Bn and Units) Forecast, By Product Type, 2017 - 2031
14.6.1. PV Inverter System
14.6.1.1. Central Inverter
14.6.1.2. String Inverter
14.6.2. Battery Inverter
14.7. Inverter Market Size (US$ Bn and Units) Forecast, Load, 2017 - 2031
14.7.1. Single Phase Inverter
14.7.2. Three Phase Inverter
14.8. Inverter Market Size (US$ Bn and Units) Forecast, Capacity, 2017 - 2031
14.8.1. Up to 10 kW
14.8.2. 10kW-15kW
14.8.3. 15kW-20kW
14.8.4. Above 20kW
14.9. Inverter Market Size (US$ Bn and Units) Forecast, Installation, 2017 - 2031
14.9.1. Indoor
14.9.2. Outdoor
14.10. Inverter Market Size (US$ Bn and Units) Forecast, End-user, 2017 - 2031
14.10.1. Residential
14.10.2. Commercial
14.10.2.1. Offices
14.10.2.2. Institutions
14.10.2.3. Malls
14.10.2.4. Theaters
14.10.2.5. Others
14.10.3. Industrial
14.10.3.1. Renewable Energy
14.10.3.2. Automotive
14.10.3.3. Food & Beverage
14.10.3.4. Others
14.11. Inverter Market Size (US$ Bn and Units) Forecast, Distribution Channel, 2017 - 2031
14.11.1. Direct Sales
14.11.2. Indirect Sales
14.12. Inverter Market Size (US$ Bn and Units) Forecast, By Country/Sub-region, 2017 - 2031
14.12.1. U.K
14.12.2. Germany
14.12.3. France
14.12.4. Rest of Europe
14.13. Incremental Opportunity Analysis
15. Asia Pacific Inverter Market Analysis and Forecast
15.1. Regional Snapshot
15.2. Macroeconomic Scenario
15.3. Key Brand Analysis
15.4. Key Trends Analysis
15.4.1. Demand Side
15.4.2. Supplier Side
15.5. Inverter Market Size (US$ Bn and Units) Forecast, By Product Type, 2017 - 2031
15.5.1. PV Inverter System
15.5.1.1. Central Inverter
15.5.1.2. String Inverter
15.5.2. Battery Inverter
15.6. Inverter Market Size (US$ Bn and Units) Forecast, Load, 2017 - 2031
15.6.1. Single Phase Inverter
15.6.2. Three Phase Inverter
15.7. Inverter Market Size (US$ Bn and Units) Forecast, Capacity, 2017 - 2031
15.7.1. Up to 10kW
15.7.2. 10kW-15 kW
15.7.3. 15kW-20kW
15.7.4. Above 20kW
15.8. Inverter Market Size (US$ Bn and Units) Forecast, Installation, 2017 - 2031
15.8.1. Indoor
15.8.2. Outdoor
15.9. Inverter Market Size (US$ Bn and Units) Forecast, End-user, 2017 - 2031
15.9.1. Residential
15.9.2. Commercial
15.9.2.1. Offices
15.9.2.2. Institutions
15.9.2.3. Malls
15.9.2.4. Theaters
15.9.2.5. Others
15.9.3. Industrial
15.9.3.1. Renewable Energy
15.9.3.2. Automotive
15.9.3.3. Food & Beverage
15.9.3.4. Others
15.10. Inverter Market Size (US$ Bn and Units) Forecast, Distribution Channel, 2017 - 2031
15.10.1. Direct Sales
15.10.2. Indirect Sales
15.11. Inverter Market Size (US$ Bn and Units) Forecast, By Country/Sub-region, 2017 - 2031
15.11.1. India
15.11.2. China
15.11.3. Japan
15.11.4. Rest of Asia Pacific
15.12. Incremental Opportunity Analysis
16. Middle East & Africa Inverter Market Analysis and Forecast
16.1. Regional Snapshot
16.2. Macroeconomic Scenario
16.3. Key Brand Analysis
16.4. Price Trend Analysis
16.4.1. Weighted Average Price
16.5. Key Trends Analysis
16.5.1. Demand Side
16.5.2. Supplier Side
16.6. Inverter Market Size (US$ Bn and Units) Forecast, By Product Type, 2017 - 2031
16.6.1. PV Inverter System
16.6.1.1. Central Inverter
16.6.1.2. String Inverter
16.6.2. Battery Inverter
16.7. Inverter Market Size (US$ Bn and Units) Forecast, Load, 2017 - 2031
16.7.1. Single Phase Inverter
16.7.2. Three Phase Inverter
16.8. Inverter Market Size (US$ Bn and Units) Forecast, Capacity, 2017 - 2031
16.8.1. Up to 10kW
16.8.2. 10kW-15kW
16.8.3. 15kW-20kW
16.8.4. Above 20kW
16.9. Inverter Market Size (US$ Bn and Units) Forecast, Installation, 2017 - 2031
16.9.1. Indoor
16.9.2. Outdoor
16.10. Inverter Market Size (US$ Bn and Units) Forecast, End-user, 2017 - 2031
16.10.1. Residential
16.10.2. Commercial
16.10.2.1. Offices
16.10.2.2. Institutions
16.10.2.3. Malls
16.10.2.4. Theaters
16.10.2.5. Others
16.10.3. Industrial
16.10.3.1. Renewable Energy
16.10.3.2. Automotive
16.10.3.3. Food & Beverage
16.10.3.4. Others
16.11. Inverter Market Size (US$ Bn and Units) Forecast, Distribution Channel, 2017 - 2031
16.11.1. Direct Sales
16.11.2. Indirect Sales
16.12. Inverter Market Size (US$ Bn and Units) Forecast, By Country/Sub-region, 2017 - 2031
16.12.1. GCC
16.12.2. South Africa
16.12.3. Rest of MEA
16.13. Incremental Opportunity Analysis
17. South America Inverter Market Analysis and Forecast
17.1. Regional Snapshot
17.2. Macroeconomic Scenario
17.3. Key Brand Analysis
17.4. Price Trend Analysis
17.4.1. Weighted Average Price
17.5. Key Trends Analysis
17.5.1. Demand Side
17.5.2. Supplier Side
17.6. Inverter Market Size (US$ Bn and Units) Forecast, By Product Type, 2017 - 2031
17.6.1. PV Inverter System
17.6.1.1. Central Inverter
17.6.1.2. String Inverter
17.6.2. Battery Inverter
17.7. Inverter Market Size (US$ Bn and Units) Forecast, Load, 2017 - 2031
17.7.1. Single Phase Inverter
17.7.2. Three Phase Inverter
17.8. Inverter Market Size (US$ Bn and Units) Forecast, Capacity, 2017 - 2031
17.8.1. Up to 10kW
17.8.2. 10kW-15kW
17.8.3. 15kW-20kW
17.8.4. Above 20kW
17.9. Inverter Market Size (US$ Bn and Units) Forecast, Installation, 2017 - 2031
17.9.1. Indoor
17.9.2. Outdoor
17.10. Inverter Market Size (US$ Bn and Units) Forecast, End-user, 2017 - 2031
17.10.1. Residential
17.10.2. Commercial
17.10.2.1. Offices
17.10.2.2. Institutions
17.10.2.3. Malls
17.10.2.4. Theaters
17.10.2.5. Others
17.10.3. Industrial
17.10.3.1. Renewable Energy
17.10.3.2. Automotive
17.10.3.3. Food & Beverage
17.10.3.4. Others
17.11. Inverter Market Size (US$ Bn and Units) Forecast, Distribution Channel, 2017 - 2031
17.11.1. Direct Sales
17.11.2. Indirect Sales
17.12. Inverter Market Size (US$ Bn and Units) Forecast, By Country/Sub-region, 2017 - 2031
17.12.1. Brazil
17.12.2. Rest of South America
17.13. Incremental Opportunity Analysis
18. Competition Landscape
18.1. Market Player - Competition Dashboard
18.2. Market Share Analysis (%), by Company, (2022)
18.3. Company Profiles (Details - Company Overview, Sales Area/Geographical Presence, Revenue, Strategy & Business Overview)
18.3.1. Delta Electronics, Inc.
18.3.1.1. Company Overview
18.3.1.2. Sales Area/Geographical Presence
18.3.1.3. Revenue
18.3.1.4. Strategy & Business Overview
18.3.2. Enphase Energy
18.3.2.1. Company Overview
18.3.2.2. Sales Area/Geographical Presence
18.3.2.3. Revenue
18.3.2.4. Strategy & Business Overview
18.3.3. Fronius International GmbH
18.3.3.1. Company Overview
18.3.3.2. Sales Area/Geographical Presence
18.3.3.3. Revenue
18.3.3.4. Strategy & Business Overview
18.3.4. General Electric Company
18.3.4.1. Company Overview
18.3.4.2. Sales Area/Geographical Presence
18.3.4.3. Revenue
18.3.4.4. Strategy & Business Overview
18.3.5. GoodWe
18.3.5.1. Company Overview
18.3.5.2. Sales Area/Geographical Presence
18.3.5.3. Revenue
18.3.5.4. Strategy & Business Overview
18.3.6. KACO new energy GmbH
18.3.6.1. Company Overview
18.3.6.2. Sales Area/Geographical Presence
18.3.6.3. Revenue
18.3.6.4. Strategy & Business Overview
18.3.7. Mitsubishi Electric Corporation
18.3.7.1. Company Overview
18.3.7.2. Sales Area/Geographical Presence
18.3.7.3. Revenue
18.3.7.4. Strategy & Business Overview
18.3.8. Schneider Electric
18.3.8.1. Company Overview
18.3.8.2. Sales Area/Geographical Presence
18.3.8.3. Revenue
18.3.8.4. Strategy & Business Overview
18.3.9. SolarEdge
18.3.9.1. Company Overview
18.3.9.2. Sales Area/Geographical Presence
18.3.9.3. Revenue
18.3.9.4. Strategy & Business Overview
18.3.10. TMEIC
18.3.10.1. Company Overview
18.3.10.2. Sales Area/Geographical Presence
18.3.10.3. Revenue
18.3.10.4. Strategy & Business Overview
19. Go to Market Strategy
19.1. Identification of Potential Market Spaces
19.1.1. By Product Type
19.1.2. By Load
19.1.3. By Capacity
19.1.4. By Installation
19.1.5. By End-user
19.1.6. By Distribution Channel
19.1.7. By Region
19.2. Preferred Sales & Marketing Strategy
List of Tables
Table 1: Global Inverter Market Value (US$ Bn), by Product Type, 2017-2031
Table 2: Global Inverter Market Volume (Units), by Product Type 2017-2031
Table 3: Global Inverter Market Value (US$ Bn), by Load, 2017-2031
Table 4: Global Inverter Market Volume (Units), by Load 2017-2031
Table 5: Global Inverter Market Value (US$ Bn), by Capacity, 2017-2031
Table 6: Global Inverter Market Volume (Units), by Capacity 2017-2031
Table 7: Global Inverter Market Value (US$ Bn), by Installation, 2017-2031
Table 8: Global Inverter Market Volume (Units), by Installation 2017-2031
Table 9: Global Inverter Market Value (US$ Bn), by End-user, 2017-2031
Table 10: Global Inverter Market Volume (Units), by End-user 2017-2031
Table 11: Global Inverter Market Value (US$ Bn), by Distribution Channel, 2017-2031
Table 12: Global Inverter Market Volume (Units), by Distribution Channel 2017-2031
Table 13: Global Inverter Market Value (US$ Bn), by Region, 2017-2031
Table 14: Global Inverter Market Volume (Units), by Region 2017-2031
Table 15: North America Inverter Market Value (US$ Bn), by Product Type, 2017-2031
Table 16: North America Inverter Market Volume (Units), by Product Type 2017-2031
Table 17: North America Inverter Market Value (US$ Bn), by Load, 2017-2031
Table 18: North America Inverter Market Volume (Units), by Load 2017-2031
Table 19: North America Inverter Market Value (US$ Bn), by Capacity, 2017-2031
Table 20: North America Inverter Market Volume (Units), by Capacity 2017-2031
Table 21: North America Inverter Market Value (US$ Bn), by Installation, 2017-2031
Table 22: North America Inverter Market Volume (Units), by Installation 2017-2031
Table 23: North America Inverter Market Value (US$ Bn), by End-user, 2017-2031
Table 24: North America Inverter Market Volume (Units), by End-user 2017-2031
Table 25: North America Inverter Market Value (US$ Bn), by Distribution Channel, 2017-2031
Table 26: North America Inverter Market Volume (Units), by Distribution Channel 2017-2031
Table 27: North America Inverter Market Value (US$ Bn), by Region, 2017-2031
Table 28: North America Inverter Market Volume (Units), by Region 2017-2031
Table 29: Europe Inverter Market Value (US$ Bn), by Product Type, 2017-2031
Table 30: Europe Inverter Market Volume (Units), by Product Type 2017-2031
Table 31: Europe Inverter Market Value (US$ Bn), by Load, 2017-2031
Table 32: Europe Inverter Market Volume (Units), by Load 2017-2031
Table 33: Europe Inverter Market Value (US$ Bn), by Capacity, 2017-2031
Table 34: Europe Inverter Market Volume (Units), by Capacity 2017-2031
Table 35: Europe Inverter Market Value (US$ Bn), by Installation, 2017-2031
Table 36: Europe Inverter Market Volume (Units), by Installation 2017-2031
Table 37: Europe Inverter Market Value (US$ Bn), by End-user, 2017-2031
Table 38: Europe Inverter Market Volume (Units), by End-user 2017-2031
Table 39: Europe Inverter Market Value (US$ Bn), by Distribution Channel, 2017-2031
Table 40: Europe Inverter Market Volume (Units), by Distribution Channel 2017-2031
Table 41: Europe Inverter Market Value (US$ Bn), by Region, 2017-2031
Table 42: Europe Inverter Market Volume (Units), by Region 2017-2031
Table 43: Asia Pacific Inverter Market Value (US$ Bn), by Product Type, 2017-2031
Table 44: Asia Pacific Inverter Market Volume (Units), by Product Type 2017-2031
Table 45: Asia Pacific Inverter Market Value (US$ Bn), by Load, 2017-2031
Table 46: Asia Pacific Inverter Market Volume (Units), by Load 2017-2031
Table 47: Asia Pacific Inverter Market Value (US$ Bn), by Capacity, 2017-2031
Table 48: Asia Pacific Inverter Market Volume (Units), by Capacity 2017-2031
Table 49: Asia Pacific Inverter Market Value (US$ Bn), by Installation, 2017-2031
Table 50: Asia Pacific Inverter Market Volume (Units), by Installation 2017-2031
Table 51: Asia Pacific Inverter Market Value (US$ Bn), by End-user, 2017-2031
Table 52: Asia Pacific Inverter Market Volume (Units), by End-user 2017-2031
Table 53: Asia Pacific Inverter Market Value (US$ Bn), by Distribution Channel, 2017-2031
Table 54: Asia Pacific Inverter Market Volume (Units), by Distribution Channel 2017-2031
Table 55: Asia Pacific Inverter Market Value (US$ Bn), by Region, 2017-2031
Table 56: Asia Pacific Inverter Market Volume (Units), by Region 2017-2031
Table 57: Middle East & Africa Inverter Market Value (US$ Bn), by Product Type, 2017-2031
Table 58: Middle East & Africa Inverter Market Volume (Units), by Product Type 2017-2031
Table 59: Middle East & Africa Inverter Market Value (US$ Bn), by Load, 2017-2031
Table 60: Middle East & Africa Inverter Market Volume (Units), by Load 2017-2031
Table 61: Middle East & Africa Inverter Market Value (US$ Bn), by Capacity, 2017-2031
Table 62: Middle East & Africa Inverter Market Volume (Units), by Capacity 2017-2031
Table 63: Middle East & Africa Inverter Market Value (US$ Bn), by Installation, 2017-2031
Table 64: Middle East & Africa Inverter Market Volume (Units), by Installation 2017-2031
Table 65: Middle East & Africa Inverter Market Value (US$ Bn), by End-user, 2017-2031
Table 66: Middle East & Africa Inverter Market Volume (Units), by End-user 2017-2031
Table 67: Middle East & Africa Inverter Market Value (US$ Bn), by Distribution Channel, 2017-2031
Table 68: Middle East & Africa Inverter Market Volume (Units), by Distribution Channel 2017-2031
Table 69: Middle East & Africa Inverter Market Value (US$ Bn), by Region, 2017-2031
Table 70: Middle East & Africa Inverter Market Volume (Units), by Region 2017-2031
Table 71: South America Inverter Market Value (US$ Bn), by Product Type, 2017-2031
Table 72: South America Inverter Market Volume (Units), by Product Type 2017-2031
Table 73: South America Inverter Market Value (US$ Bn), by Load, 2017-2031
Table 74: South America Inverter Market Volume (Units), by Load 2017-2031
Table 75: South America Inverter Market Value (US$ Bn), by Capacity, 2017-2031
Table 76: South America Inverter Market Volume (Units), by Capacity 2017-2031
Table 77: South America Inverter Market Value (US$ Bn), by Installation, 2017-2031
Table 78: South America Inverter Market Volume (Units), by Installation 2017-2031
Table 79: South America Inverter Market Value (US$ Bn), by End-user, 2017-2031
Table 80: South America Inverter Market Volume (Units), by End-user 2017-2031
Table 81: South America Inverter Market Value (US$ Bn), by Distribution Channel, 2017-2031
Table 82: South America Inverter Market Volume (Units), by Distribution Channel 2017-2031
Table 83: South America Inverter Market Value (US$ Bn), by Region, 2017-2031
Table 84: South America Inverter Market Volume (Units), by Region 2017-2031
List of Figures
Figure 1: Global Inverter Market Value (US$ Bn), by Product Type, 2017-2031
Figure 2: Global Inverter Market Volume (Units), by Product Type 2017-2031
Figure 3: Global Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031
Figure 4: Global Inverter Market Value (US$ Bn), by Load, 2017-2031
Figure 5: Global Inverter Market Volume (Units), by Load 2017-2031
Figure 6: Global Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Load, 2023-2031
Figure 7: Global Inverter Market Value (US$ Bn), by Capacity, 2017-2031
Figure 8: Global Inverter Market Volume (Units), by Capacity 2017-2031
Figure 9: Global Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Capacity, 2023-2031
Figure 10: Global Inverter Market Value (US$ Bn), by Installation, 2017-2031
Figure 11: Global Inverter Market Volume (Units), by Installation 2017-2031
Figure 12: Global Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Installation, 2023-2031
Figure 13: Global Inverter Market Value (US$ Bn), by End-user, 2017-2031
Figure 14: Global Inverter Market Volume (Units), by End-user 2017-2031
Figure 15: Global Inverter Market Incremental Opportunity (US$ Bn), Forecast, by End-user, 2023-2031
Figure 16: Global Inverter Market Value (US$ Bn), by Distribution Channel, 2017-2031
Figure 17: Global Inverter Market Volume (Units), by Distribution Channel 2017-2031
Figure 18: Global Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel, 2023-2031
Figure 19: Global Inverter Market Value (US$ Bn), by Region, 2017-2031
Figure 20: Global Inverter Market Volume (Units), by Region 2017-2031
Figure 21: Global Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Region, 2023-2031
Figure 22: North America Inverter Market Value (US$ Bn), by Product Type, 2017-2031
Figure 23: North America Inverter Market Volume (Units), by Product Type 2017-2031
Figure 24: North America Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031
Figure 25: North America Inverter Market Value (US$ Bn), by Load, 2017-2031
Figure 26: North America Inverter Market Volume (Units), by Load 2017-2031
Figure 27: North America Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Load, 2023-2031
Figure 28: North America Inverter Market Value (US$ Bn), by Capacity, 2017-2031
Figure 29: North America Inverter Market Volume (Units), by Capacity 2017-2031
Figure 30: North America Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Capacity, 2023-2031
Figure 31: North America Inverter Market Value (US$ Bn), by Installation, 2017-2031
Figure 32: North America Inverter Market Volume (Units), by Installation 2017-2031
Figure 33: North America Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Installation, 2023-2031
Figure 34: North America Inverter Market Value (US$ Bn), by End-user, 2017-2031
Figure 35: North America Inverter Market Volume (Units), by End-user 2017-2031
Figure 36: North America Inverter Market Incremental Opportunity (US$ Bn), Forecast, by End-user, 2023-2031
Figure 37: North America Inverter Market Value (US$ Bn), by Distribution Channel, 2017-2031
Figure 38: North America Inverter Market Volume (Units), by Distribution Channel 2017-2031
Figure 39: North America Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel, 2023-2031
Figure 40: North America Inverter Market Value (US$ Bn), by Region, 2017-2031
Figure 41: North America Inverter Market Volume (Units), by Region 2017-2031
Figure 42: North America Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Region, 2023-2031
Figure 43: Europe Inverter Market Value (US$ Bn), by Product Type, 2017-2031
Figure 44: Europe Inverter Market Volume (Units), by Product Type 2017-2031
Figure 45: Europe Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031
Figure 46: Europe Inverter Market Value (US$ Bn), by Load, 2017-2031
Figure 47: Europe Inverter Market Volume (Units), by Load 2017-2031
Figure 48: Europe Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Load, 2023-2031
Figure 49: Europe Inverter Market Value (US$ Bn), by Capacity, 2017-2031
Figure 50: Europe Inverter Market Volume (Units), by Capacity 2017-2031
Figure 51: Europe Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Capacity, 2023-2031
Figure 52: Europe Inverter Market Value (US$ Bn), by Installation, 2017-2031
Figure 53: Europe Inverter Market Volume (Units), by Installation 2017-2031
Figure 54: Europe Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Installation, 2023-2031
Figure 55: Europe Inverter Market Value (US$ Bn), by End-user, 2017-2031
Figure 56: Europe Inverter Market Volume (Units), by End-user 2017-2031
Figure 57: Europe Inverter Market Incremental Opportunity (US$ Bn), Forecast, by End-user, 2023-2031
Figure 58: Europe Inverter Market Value (US$ Bn), by Distribution Channel, 2017-2031
Figure 59: Europe Inverter Market Volume (Units), by Distribution Channel 2017-2031
Figure 60: Europe Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel, 2023-2031
Figure 61: Europe Inverter Market Value (US$ Bn), by Region, 2017-2031
Figure 62: Europe Inverter Market Volume (Units), by Region 2017-2031
Figure 63: Europe Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Region, 2023-2031
Figure 64: Asia Pacific Inverter Market Value (US$ Bn), by Product Type, 2017-2031
Figure 65: Asia Pacific Inverter Market Volume (Units), by Product Type 2017-2031
Figure 66: Asia Pacific Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031
Figure 67: Asia Pacific Inverter Market Value (US$ Bn), by Load, 2017-2031
Figure 68: Asia Pacific Inverter Market Volume (Units), by Load 2017-2031
Figure 69: Asia Pacific Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Load, 2023-2031
Figure 70: Asia Pacific Inverter Market Value (US$ Bn), by Capacity, 2017-2031
Figure 71: Asia Pacific Inverter Market Volume (Units), by Capacity 2017-2031
Figure 72: Asia Pacific Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Capacity, 2023-2031
Figure 73: Asia Pacific Inverter Market Value (US$ Bn), by Installation, 2017-2031
Figure 74: Asia Pacific Inverter Market Volume (Units), by Installation 2017-2031
Figure 75: Asia Pacific Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Installation, 2023-2031
Figure 76: Asia Pacific Inverter Market Value (US$ Bn), by End-user, 2017-2031
Figure 77: Asia Pacific Inverter Market Volume (Units), by End-user 2017-2031
Figure 78: Asia Pacific Inverter Market Incremental Opportunity (US$ Bn), Forecast, by End-user, 2023-2031
Figure 79: Asia Pacific Inverter Market Value (US$ Bn), by Distribution Channel, 2017-2031
Figure 80: Asia Pacific Inverter Market Volume (Units), by Distribution Channel 2017-2031
Figure 81: Asia Pacific Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel, 2023-2031
Figure 82: Asia Pacific Inverter Market Value (US$ Bn), by Region, 2017-2031
Figure 83: Asia Pacific Inverter Market Volume (Units), by Region 2017-2031
Figure 84: Asia Pacific Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Region, 2023-2031
Figure 85: Middle East & Africa Inverter Market Value (US$ Bn), by Product Type, 2017-2031
Figure 86: Middle East & Africa Inverter Market Volume (Units), by Product Type 2017-2031
Figure 87: Middle East & Africa Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031
Figure 88: Middle East & Africa Inverter Market Value (US$ Bn), by Load, 2017-2031
Figure 89: Middle East & Africa Inverter Market Volume (Units), by Load 2017-2031
Figure 90: Middle East & Africa Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Load, 2023-2031
Figure 91: Middle East & Africa Inverter Market Value (US$ Bn), by Capacity, 2017-2031
Figure 92: Middle East & Africa Inverter Market Volume (Units), by Capacity 2017-2031
Figure 93: Middle East & Africa Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Capacity, 2023-2031
Figure 94: Middle East & Africa Inverter Market Value (US$ Bn), by Installation, 2017-2031
Figure 95: Middle East & Africa Inverter Market Volume (Units), by Installation 2017-2031
Figure 96: Middle East & Africa Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Installation, 2023-2031
Figure 97: Middle East & Africa Inverter Market Value (US$ Bn), by End-users, 2017-2031
Figure 98: Middle East & Africa Inverter Market Volume (Units), by End-users 2017-2031
Figure 99: Middle East & Africa Inverter Market Incremental Opportunity (US$ Bn), Forecast, by End-users, 2023-2031
Figure 100: Middle East & Africa Inverter Market Value (US$ Bn), by Distribution Channel, 2017-2031
Figure 101: Middle East & Africa Inverter Market Volume (Units), by Distribution Channel 2017-2031
Figure 102: Middle East & Africa Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel, 2023-2031
Figure 103: Middle East & Africa Inverter Market Value (US$ Bn), by Region, 2017-2031
Figure 104: Middle East & Africa Inverter Market Volume (Units), by Region 2017-2031
Figure 105: Middle East & Africa Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Region, 2023-2031
Figure 106: South America Inverter Market Value (US$ Bn), by Product Type, 2017-2031
Figure 107: South America Inverter Market Volume (Units), by Product Type 2017-2031
Figure 108: South America Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031
Figure 109: South America Inverter Market Value (US$ Bn), by Load, 2017-2031
Figure 110: South America Inverter Market Volume (Units), by Load 2017-2031
Figure 111: South America Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Load, 2023-2031
Figure 112: South America Inverter Market Value (US$ Bn), by Capacity, 2017-2031
Figure 113: South America Inverter Market Volume (Units), by Capacity 2017-2031
Figure 114: South America Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Capacity, 2023-2031
Figure 115: South America Inverter Market Value (US$ Bn), by Installation, 2017-2031
Figure 116: South America Inverter Market Volume (Units), by Installation 2017-2031
Figure 117: South America Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Installation, 2023-2031
Figure 118: South America Inverter Market Value (US$ Bn), by End-users, 2017-2031
Figure 119: South America Inverter Market Volume (Units), by End-users 2017-2031
Figure 120: South America Inverter Market Incremental Opportunity (US$ Bn), Forecast, by End-users, 2023-2031
Figure 121: South America Inverter Market Value (US$ Bn), by Distribution Channel, 2017-2031
Figure 122: South America Inverter Market Volume (Units), by Distribution Channel 2017-2031
Figure 123: South America Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel, 2023-2031
Figure 124: South America Inverter Market Value (US$ Bn), by Region, 2017-2031
Figure 125: South America Inverter Market Volume (Units), by Region 2017-2031
Figure 126: South America Inverter Market Incremental Opportunity (US$ Bn), Forecast, by Region, 2023-2031
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