Global Solar Inverter Industry Outlook 2022: Overview, Opportunities, Key Companies and Forecast to 2028

Global Solar Inverter Industry Outlook 2022: Overview, Opportunities, Key Companies and Forecast to 2028

Report Code: KNJ1272953 | No. of Pages: 132 | Category: Technology
Publisher: GRD Survey | Date of Publish: Mar-2022
Executive Summary

According to GRD Survey data, the global Solar Inverter market is estimated at 16050 million US$ in 2021 and is expected to reach 31300 million US$ by the end of 2028, growing at a CAGR of 10.0% in the forecast period between 2022 and 2028.

This report studies the Solar Inverter market dynamics from angles such as new entries, mergers and acquisitions, fundings, exit and major technology breakthroughs. Market performance is evaluated through market size (value and volume) by players, regions, product types and end industries. This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Solar Inverter in these regions, from 2017 to 2028, covering
    North America (United States, Canada and Mexico)
    Europe (Germany, France, UK, Italy, Spain and Russia, etc.)
    Asia-Pacific (China, Japan, Korea, Southeast Asia, India, Australia)
    South America (Brazil, Argentina, Colombia, etc.)
    Middle East and Africa (Turkey, Saudi Arabia, South Africa, etc.)

Market Snapshot, By Product Type
    Central Solar Inverter
    String Solar Inverter
    Micro Solar Inverter

Market Snapshot, By Application
    Residential
    Commercial
    Utility

Main Market Players Analyzed in this report, including:
    ABB

    SunPower

    Solectria Renewables

    SolarEdge Technologies

    SMA Solar Technology

    Sineng Electric

    Power electronics

    Hitachi Hi-Rel Power Electronics

    Delta Electronics

    Canadian Solar


The study objectives of this report are:
    To study and analyze the global Solar Inverter market size (value & volume) by company, key regions/countries, products and application, history data from 2017 to 2021, and forecast to 2028.
    To understand industry structure of Solar Inverter market by identifying its various subsegments.
    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    To identify the key global Solar Inverter manufacturers and regional typical players, to define, describe and analyze their sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
    To analyze the Solar Inverter market with respect to individual growth trends, future prospects, and their contribution to the total market.
    To project the value and volume of Solar Inverter submarkets, with respect to key regions (along with their respective key countries).
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Solar Inverter are as follows:
    History Year: 2017-2021
    Base Year: 2021
    Estimated Year: 2022
    Forecast Year 2023 to 2028

This report includes the estimation of market size in terms of value (million USD) and volume from top-down approach by analyzing major submarkets and their major driving factors, and verified from bottom-up approaches. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified from primary sources.

For the data information by region, company, type and application, 2021 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders Considered in the study:
Raw material vendors
Distributors/traders/wholesalers/suppliers
Regulatory authorities, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade/Industrial associations
End-use industries

Table of Contents

1  Market Definition & Scope
    1.1  Definition & Scope
    1.2 Solar Inverter Product Specifications
    1.3  Main Events (Entry, M&A, Exit, Technology and Capital Activity)
    1.4 Global Solar Inverter Market Performance and Outlook

2 Market Development Performance under COVID-19
    2.1 Influencing Factors of Industry Development in the Next Five Years
        2.1.1 Drivers
        2.1.2 Restraints
        2.1.3 Opportunities
    2.2 Porter’s Five Forces Analysis
    2.3 Comparison of Alternatives and Solar Inverter

3 Supply Chain and Manufacturing Cost Analysis
    3.1 Supply Chain Analysis
    3.2 Raw Materials and Key Suppliers Analysis
        3.2.1 Raw Materials Introduction
        3.2.1 Raw Materials Key Suppliers List
    3.3 Solar Inverter Sales Channel and Distributors Analysis
        3.3.1 Solar Inverter Sales Channel
        3.3.2 Solar Inverter Distributors
    3.4 Key Buying Industries/Consumers
        3.4.1 Major Buyers in Residential
        3.4.2 Major Buyers in Commercial
    3.5 Solar Inverter Manufacturing Cost Structure Analysis

4 Market Segment: by Type
    4.1 Solar Inverter Type Introduction
        4.1.1 Central Solar Inverter
        4.1.2 String Solar Inverter
        4.1.3 Micro Solar Inverter
    4.2 Global Solar Inverter Sales by Type 2017-2022
    4.3 Global Solar Inverter Revenue by Type 2017-2022
    4.4 Global Solar Inverter Price by Type 2017-2022

5 Market Segment: by Application
    5.1 Solar Inverter Type Introduction
        5.1.1 Residential
        5.1.2 Commercial
        5.1.3 Utility
    5.2 Global Solar Inverter Sales by Application 2017-2022
    5.3 Global Solar Inverter Revenue by Application 2017-2022
    5.4 Global Solar Inverter Price by Application 2017-2022

6 Marke Segment: by Region
    6.1 Global Solar Inverter Market by Region
        6.1.1 Global Solar Inverter Sales by Regions
        6.1.2 Global Solar Inverter Revenue by Regions
    6.2 North America Solar Inverter Market 2017-2022
    6.3 Europe Solar Inverter Market 2017-2022
    6.4 Asia Pacific Solar Inverter Market 2017-2022
    6.5 South America Solar Inverter Market 2017-2022
    6.6 Middle East and Africa Solar Inverter Market 2017-2022

7 North America
    7.1 North America Solar Inverter Market by Country 2017-2022
        7.1.1 North America Solar Inverter Sales by Country
        7.1.2 North America Solar Inverter Revenue by Country
    7.2 United States
    7.3 Canada
    7.4 Mexico

8 Europe
    8.1 Europe Solar Inverter Market by Country 2017-2022
        8.1.1 Europe Solar Inverter Sales by Country
        8.1.2 Europe Solar Inverter Revenue by Country
    8.2 Germany
    8.3 France
    8.4 UK
    8.5 Italy
    8.6 Russia
    8.7 Spain

9 Asia Pacific
    9.1 Asia Pacific Solar Inverter Market by Country 2017-2022
        9.1.1 Asia Pacific Solar Inverter Sales by Country
        9.1.2 Asia Pacific Solar Inverter Revenue by Country
    9.2 China
    9.3 Japan
    9.4 Korea
    9.5 Southeast Asia
    9.6 India
    9.7 Australia

10 South America
    10.1 South America Solar Inverter Market by Country 2017-2022
        10.1.1 South America Solar Inverter Sales by Country
        10.1.2 South America Solar Inverter Revenue by Country
    10.2 Brazil
    10.3 Argentina
    10.4 Colombia

11 Middle East and Africa
    11.1 Middle East and Africa Solar Inverter Market by Country 2017-2022
        11.1.1 Middle East and Africa Solar Inverter Sales by Country
        11.1.2 Middle East and Africa Solar Inverter Revenue by Country
    11.2 Turkey
    11.3 Saudi Arabia
    11.4 South Africa

12 Key Participants Company Information
    12.1 ABB

        12.1.1 ABB
 Company Information
        12.1.2 ABB
 Solar Inverter Product Portfolio, Specification and Application
        12.1.3 ABB
 Solar Inverter Sales, Price, Revenue and Gross Margin (2019-2021)
        12.1.4 ABB
 Key Development
    12.2 SunPower

        12.2.1 SunPower
 Company Information
        12.2.2 SunPower
 Solar Inverter Product Portfolio, Specification and Application
        12.2.3 SunPower
 Solar Inverter Sales, Price, Revenue and Gross Margin (2019-2021)
        12.2.4 SunPower
 Key Development
    12.3 Solectria Renewables

        12.3.1 Solectria Renewables
 Company Information
        12.3.2 Solectria Renewables
 Solar Inverter Product Portfolio, Specification and Application
        12.3.3 Solectria Renewables
 Solar Inverter Sales, Price, Revenue and Gross Margin (2019-2021)
        12.3.4 Solectria Renewables
 Key Development
    12.4 SolarEdge Technologies

        12.4.1 SolarEdge Technologies
 Company Information
        12.4.2 SolarEdge Technologies
 Solar Inverter Product Portfolio, Specification and Application
        12.4.3 SolarEdge Technologies
 Solar Inverter Sales, Price, Revenue and Gross Margin (2019-2021)
        12.4.4 SolarEdge Technologies
 Key Development
    12.5 SMA Solar Technology

        12.5.1 SMA Solar Technology
 Company Information
        12.5.2 SMA Solar Technology
 Solar Inverter Product Portfolio, Specification and Application
        12.5.3 SMA Solar Technology
 Solar Inverter Sales, Price, Revenue and Gross Margin (2019-2021)
        12.5.4 SMA Solar Technology
 Key Development
    12.6 Sineng Electric

        12.6.1 Sineng Electric
 Company Information
        12.6.2 Sineng Electric
 Solar Inverter Product Portfolio, Specification and Application
        12.6.3 Sineng Electric
 Solar Inverter Sales, Price, Revenue and Gross Margin (2019-2021)
        12.6.4 Sineng Electric
 Key Development
    12.7 Power electronics

        12.7.1 Power electronics
 Company Information
        12.7.2 Power electronics
 Solar Inverter Product Portfolio, Specification and Application
        12.7.3 Power electronics
 Solar Inverter Sales, Price, Revenue and Gross Margin (2019-2021)
        12.7.4 Sineng Electric
 Key Development
    12.9 Delta Electronics

        12.9.1 Delta Electronics
 Company Information
        12.9.2 Delta Electronics
 Solar Inverter Product Portfolio, Specification and Application
        12.9.3 Delta Electronics
 Solar Inverter Sales, Price, Revenue and Gross Margin (2019-2021)
        12.9.4 Delta Electronics
 Key Development
    12.8 Hitachi Hi-Rel Power Electronics

        12.8.1 Hitachi Hi-Rel Power Electronics
 Company Information
        12.8.2 Hitachi Hi-Rel Power Electronics
 Solar Inverter Product Portfolio, Specification and Application
        12.8.3 Hitachi Hi-Rel Power Electronics
 Solar Inverter Sales, Price, Revenue and Gross Margin (2019-2021)
        12.8.4 Hitachi Hi-Rel Power Electronics
 Key Development

13 Global Solar Inverter Market Forecast by Region by Type and by Application
    13.1 Global Solar Inverter Sales, Revenue Forecast 2023-2028
    13.2 Global Solar Inverter Forecast by Regions
        13.2.1 Global Solar Inverter Sales Forecast by Region 2023-2028
        13.2.2 Global Solar Inverter Revenue Forecast by Region 2023-2028
    13.3 Global Solar Inverter Forecast by Type
        13.3.1 Global Solar Inverter Sales Forecast by Type 2023-2028
        13.3.2 Global Solar Inverter Revenue Forecast by Type 2023-2028
        13.3.3 Global Solar Inverter Price Forecast by Type 2023-2028
    13.4 Global Solar Inverter Forecast by Application
        13.4.1 Global Solar Inverter Sales Forecast by Application 2023-2028
        13.4.2 Global Solar Inverter Revenue Forecast by Application 2023-2028
        13.4.3 Global Solar Inverter Price Forecast by Application 2023-2028

14 Analyst Views and Conclusions

15 Methodology and Data Source
    15.1 Methodology
    15.2 Research Data Source
        15.2.1 Secondary Data
        15.2.2 Primary Data
        15.2.3 Market Size Estimation
    15.3 Legal Disclaimer

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