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Power Inverter Market Size, Share & Industry Analysis, By Product (String Inverter, Micro Inverter, Central Inverter, Others), By Output Voltage (Low, Medium, High), By End-user (Residential, Commercial, Utility, Automotive, Others), and Regional Forecasts, 2024-2032

Last Updated: February 03, 2025 | Format: PDF | Report ID: FBI107085

 

  1. Introduction
    1. Research Scope
    2. Market Segmentation
    3. Research Methodology
    4. Definitions and Assumptions
  2. Executive Summary
  3. Market Dynamics
    1. Market Drivers
    2. Market Restraints
    3. Market Opportunities
  4. Key Insights
    1. Key Emerging Trends
    2. Latest Technological Advancement
    3. Insight on Regulatory Landscape
    4. Porters Five Forces Analysis
    5. Impact of COVID-19 on the Power Inverter Market
  5. Global Power Inverter Market Analysis (USD Billion), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Product
      1. String Inverter
      2. Micro Inverter
      3. Central Inverter
      4. Others
    3. Market Analysis, Insights and Forecast – By Output Voltage
      1. Low
      2. Medium
      3. High
    4. Market Analysis, Insights and Forecast – By End-User
      1. Residential
      2. Commercial
      3. Utility
      4. Automotive
      5. Other
    5. Market Analysis, Insights and Forecast – By Region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
  6. North America Power Inverter Market Analysis (USD Billion), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Product
      1. String Inverter
      2. Micro Inverter
      3. Central Inverter
      4. Others
    3. Market Analysis, Insights and Forecast – By Output Voltage
      1. Low
      2. Medium
      3. High
    4. Market Analysis, Insights and Forecast – By End-User
      1. Residential
      2. Commercial
      3. Utility
      4. Automotive
      5. Other
    5. Market Analysis, Insights and Forecast – By Country
      1. U.S. Market Analysis, Insights and Forecast – By End-User
        1. Residential
        2. Commercial
        3. Utility
        4. Automotive
        5. Other
      2. Canada Market Analysis, Insights and Forecast – By End-User
        1. Residential
        2. Commercial
        3. Utility
        4. Automotive
        5. Other
  7. Europe Power Inverter Market Analysis (USD Billion), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Product
      1. String Inverter
      2. Micro Inverter
      3. Central Inverter
      4. Others
    3. Market Analysis, Insights and Forecast – By Output Voltage
      1. Low
      2. Medium
      3. High
    4. Market Analysis, Insights and Forecast – By End-User
      1. Residential
      2. Commercial
      3. Utility
      4. Automotive
      5. Other
    5. Market Analysis, Insights and Forecast – By Country
      1. UK Market Analysis, Insights and Forecast – By End-User
        1. Residential
        2. Commercial
        3. Utility
        4. Automotive
        5. Other
      2. Germany Market Analysis, Insights and Forecast – By End-User
        1. Residential
        2. Commercial
        3. Utility
        4. Automotive
        5. Other
      3. France Market Analysis, Insights and Forecast – By End-User
        1. Residential
        2. Commercial
        3. Utility
        4. Automotive
        5. Other
      4. Spain Market Analysis, Insights and Forecast – By End-User
        1. Residential
        2. Commercial
        3. Utility
        4. Automotive
        5. Other
      5. Italy Market Analysis, Insights and Forecast – By End-User
        1. Residential
        2. Commercial
        3. Utility
        4. Automotive
        5. Other
      6. Russia Market Analysis, Insights and Forecast – By End-User
        1. Residential
        2. Commercial
        3. Utility
        4. Automotive
        5. Other
      7. Rest of Europe Market Analysis, Insights and Forecast – By End-User
        1. Residential
        2. Commercial
        3. Utility
        4. Automotive
        5. Other
  8. Asia Pacific Power Inverter Market Analysis (USD Billion), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Product
      1. String Inverter
      2. Micro Inverter
      3. Central Inverter
      4. Others
    3. Market Analysis, Insights and Forecast – By Output Voltage
      1. Low
      2. Medium
      3. High
    4. Market Analysis, Insights and Forecast – By End-User
      1. Residential
      2. Commercial
      3. Utility
      4. Automotive
      5. Other
    5. Market Analysis, Insights and Forecast – By Country
      1. China Market Analysis, Insights and Forecast – By End-User
        1. Residential
        2. Commercial
        3. Utility
        4. Automotive
        5. Other
      2. India Market Analysis, Insights and Forecast – By End-User
        1. Residential
        2. Commercial
        3. Utility
        4. Automotive
        5. Other
      3. Japan Market Analysis, Insights and Forecast – By End-User
        1. Residential
        2. Commercial
        3. Utility
        4. Automotive
        5. Other
      4. Australia Market Analysis, Insights and Forecast – By End-User
        1. Residential
        2. Commercial
        3. Utility
        4. Automotive
        5. Other
      5. Southeast Asia Market Analysis, Insights and Forecast – By End-User
        1. Residential
        2. Commercial
        3. Utility
        4. Automotive
        5. Other
    6. Rest of Asia Pacific Market Analysis, Insights and Forecast – By End-User
        1. Residential
        2. Commercial
        3. Utility
        4. Automotive
        5. Other
  9. Latin America Power Inverter Market Analysis (USD Billion), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and   Forecast – By Product
      1. String Inverter
      2. Micro Inverter
      3. Central Inverter
      4. Others
    3. Market Analysis, Insights and Forecast – By Output Voltage
      1. Low
      2. Medium
      3. High
    4. Market Analysis, Insights and Forecast – By End-User
      1. Residential
      2. Commercial
      3. Utility
      4. Automotive
      5. Other
    5. Market Analysis, Insights and Forecast – By Country
    6. Brazil Market Analysis, Insights and Forecast – By End-User
      1. Residential
      2. Commercial
      3. Utility
      4. Automotive
      5. Other
    7. Mexico Market Analysis, Insights and Forecast – By End-User
      1. Residential
      2. Commercial
      3. Utility
      4. Automotive
      5. Other
    8. Rest of Latin America Market Analysis, Insights and Forecast – By End-User
      1. Residential
      2. Commercial
      3. Utility
      4. Automotive
      5. Other
  10. Middle East & Africa Power Inverter Market Analysis (USD Billion), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and   Forecast – By Product
      1. String Inverter
      2. Micro Inverter
      3. Central Inverter
      4. Others
    3. Market Analysis, Insights and Forecast – By Output Voltage
      1. Low
      2. Medium
      3. High
    4. Market Analysis, Insights and Forecast – By End-User
      1. Residential
      2. Commercial
      3. Utility
      4. Automotive
      5. Other
    5. Market Analysis, Insights and Forecast – By Country
      1. GCC Market Analysis, Insights and Forecast – By End-User
        1. Residential
        2. Commercial
        3. Utility
        4. Automotive
        5. Other
    6. South Africa Market Analysis, Insights and Forecast – By End-User
      1. Residential
      2. Commercial
      3. Utility
      4. Automotive
      5. Other
    7. Rest of Middle East & Africa Market Analysis, Insights and Forecast – By End-User
      1. Residential
      2. Commercial
      3. Utility
      4. Automotive
      5. Other
  11. Competitive Analysis
    1. Company Market Share Analysis, 2023
    2. Company Profile
      1. SMA Solar Technology AG
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      2. Sungrow Business Overview
        1. Product & Service Offering
        2. Overall Revenue
        3. Recent Development
      3. Enphase Energy Business Overview
        1. Product & Service Offering
        2. Overall Revenue
        3. Recent Development
      4. Fimer Group Business Overview
        1. Product & Service Offering
        2. Overall Revenue
        3. Recent Development
      5. Goodwe Business Overview
        1. Product & Service Offering
        2. Overall Revenue
        3. Recent Development
      6. Huawei Technologies Co., Ltd Business Overview
        1. Product & Service Offering
        2. Overall Revenue
        3. Recent Development
      7. General Electric
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      8. Growatt New Energy Business Overview
        1. Product & Service Offering
        2. Overall Revenue
        3. Recent Development
      9. Luminous India Business Overview
        1. Product & Service Offering
        2. Overall Revenue
        3. Recent Development
      10. KACO New Energy Business Overview
        1. Product & Service Offering
        2. Overall Revenue
        3. Recent Development
Read Less

Figure 1: Global Power Inverter Market Revenue Breakdown (USD Billion, %) by Region, 2023 & 2032

Figure 2: Global Power Inverter Market Value Share (%), By Product, 2023 & 2032

Figure 3: Global Power Inverter Market Forecast (USD Billion), by String Inverter , 2019-2032

Figure 4: Global Power Inverter Market Forecast (USD Billion), by Micro-Inverter, 2019-2032

Figure 5: Global Power Inverter Market Forecast (USD Billion), by Central Inverter, 2019-2032

Figure 6: Global Power Inverter Market Forecast (USD Billion), by Others, 2019-2032

Figure 7: Global Power Inverter Market Value Share (%), By Output Voltage, 2023 & 2032

Figure 8: Global Power Inverter Market Forecast (USD Billion), by Low, 2019-2032

Figure 9: Global Power Inverter Market Forecast (USD Billion), by Medium, 2019-2032

Figure 10: Global Power Inverter Market Forecast (USD Billion), by High, 2019-2032

Figure 11: Global Power Inverter Market Value Share (%), By End User, 2023 & 2032

Figure 12: Global Power Inverter Market Forecast (USD Billion), by Residential, 2019-2032

Figure 13: Global Power Inverter Market Forecast (USD Billion), by Commercial, 2019-2032

Figure 14: Global Power Inverter Market Forecast (USD Billion), by Utility, 2019-2032

Figure 15: Global Power Inverter Market Forecast (USD Billion), by Automotive, 2019-2032

Figure 16: Global Power Inverter Market Forecast (USD Billion), by Others, 2019-2032

Figure 17: Global Power Inverter Value (USD Billion), By Region, 2023 & 2032

Figure 18: Global Power Inverter Value Share (%), By Region, 2023

Figure 19: North America Power Inverter Market Value Share (%), By Product, 2023 & 2032

Figure 20: North America Power Inverter Market Forecast (USD Billion), by String Inverter , 2019-2032

Figure 21: North America Power Inverter Market Forecast (USD Billion), by Micro-Inverter, 2019-2032

Figure 22: North America Power Inverter Market Forecast (USD Billion), by Central Inverter, 2019-2032

Figure 23: North America Power Inverter Market Forecast (USD Billion), by Others, 2019-2032

Figure 24: North America Power Inverter Market Value Share (%), By Output Voltage, 2023 & 2032

Figure 25: North America Power Inverter Market Forecast (USD Billion), by Low, 2019-2032

Figure 26: North America Power Inverter Market Forecast (USD Billion), by Medium, 2019-2032

Figure 27: North America Power Inverter Market Forecast (USD Billion), by High, 2019-2032

Figure 28: North America Power Inverter Market Value Share (%), By End User, 2023 & 2032

Figure 29: North America Power Inverter Market Forecast (USD Billion), by Residential, 2019-2032

Figure 30: North America Power Inverter Market Forecast (USD Billion), by Commercial, 2019-2032

Figure 31: North America Power Inverter Market Forecast (USD Billion), by Utility, 2019-2032

Figure 32: North America Power Inverter Market Forecast (USD Billion), by Automotive, 2019-2032

Figure 33: North America Power Inverter Market Forecast (USD Billion), by Others, 2019-2032

Figure 34: North America Power Inverter Value (USD Billion), By Country, 2023 & 2032

Figure 35: North America Power Inverter Value Share (%), By Country, 2023

Figure 36: Europe Power Inverter Market Value Share (%), By Product, 2023 & 2032

Figure 37: Europe Power Inverter Market Forecast (USD Billion), by String Inverter , 2019-2032

Figure 38: Europe Power Inverter Market Forecast (USD Billion), by Micro-Inverter, 2019-2032

Figure 39: Europe Power Inverter Market Forecast (USD Billion), by Central Inverter, 2019-2032

Figure 40: Europe Power Inverter Market Forecast (USD Billion), by Others, 2019-2032

Figure 41: Europe Power Inverter Market Value Share (%), By Output Voltage, 2023 & 2032

Figure 42: Europe Power Inverter Market Forecast (USD Billion), by Low, 2019-2032

Figure 43: Europe Power Inverter Market Forecast (USD Billion), by Medium, 2019-2032

Figure 44: Europe Power Inverter Market Forecast (USD Billion), by High, 2019-2032

Figure 45: Europe Power Inverter Market Value Share (%), By End User, 2023 & 2032

Figure 46: Europe Power Inverter Market Forecast (USD Billion), by Residential, 2019-2032

Figure 47: Europe Power Inverter Market Forecast (USD Billion), by Commercial, 2019-2032

Figure 48: Europe Power Inverter Market Forecast (USD Billion), by Utility, 2019-2032

Figure 49: Europe Power Inverter Market Forecast (USD Billion), by Automotive, 2019-2032

Figure 50: Europe Power Inverter Market Forecast (USD Billion), by Others, 2019-2032

Figure 51: Europe Power Inverter Value (USD Billion), By Country, 2023 & 2032

Figure 52: Europe Power Inverter Value Share (%), By Country, 2023

Figure 53: Asia Pacific Power Inverter Market Value Share (%), By Product, 2023 & 2032

Figure 54: Asia Pacific Power Inverter Market Forecast (USD Billion), by String Inverter , 2019-2032

Figure 55: Asia Pacific Power Inverter Market Forecast (USD Billion), by Micro-Inverter, 2019-2032

Figure 56: Asia Pacific Power Inverter Market Forecast (USD Billion), by Central Inverter, 2019-2032

Figure 57: Asia Pacific Power Inverter Market Forecast (USD Billion), by Others, 2019-2032

Figure 58: Asia Pacific Power Inverter Market Value Share (%), By Output Voltage, 2023 & 2032

Figure 59: Asia Pacific Power Inverter Market Forecast (USD Billion), by Low, 2019-2032

Figure 60: Asia Pacific Power Inverter Market Forecast (USD Billion), by Medium, 2019-2032

Figure 61: Asia Pacific Power Inverter Market Forecast (USD Billion), by High, 2019-2032

Figure 62: Asia Pacific Power Inverter Market Value Share (%), By End User, 2023 & 2032

Figure 63: Asia Pacific Power Inverter Market Forecast (USD Billion), by Residential, 2019-2032

Figure 64: Asia Pacific Power Inverter Market Forecast (USD Billion), by Commercial, 2019-2032

Figure 65: Asia Pacific Power Inverter Market Forecast (USD Billion), by Utility, 2019-2032

Figure 66: Asia Pacific Power Inverter Market Forecast (USD Billion), by Automotive, 2019-2032

Figure 67: Asia Pacific Power Inverter Market Forecast (USD Billion), by Others, 2019-2032

Figure 68: Asia Pacific Power Inverter Value (USD Billion), By Country, 2023 & 2032

Figure 69: Asia Pacific Power Inverter Value Share (%), By Country, 2023

Figure 70: Latin America Power Inverter Market Value Share (%), By Product, 2023 & 2032

Figure 71: Latin America Power Inverter Market Forecast (USD Billion), by String Inverter , 2019-2032

Figure 72: Latin America Power Inverter Market Forecast (USD Billion), by Micro-Inverter, 2019-2032

Figure 73: Latin America Power Inverter Market Forecast (USD Billion), by Central Inverter, 2019-2032

Figure 74: Latin America Power Inverter Market Forecast (USD Billion), by Others, 2019-2032

Figure 75: Latin America Power Inverter Market Value Share (%), By Output Voltage, 2023 & 2032

Figure 76: Latin America Power Inverter Market Forecast (USD Billion), by Low, 2019-2032

Figure 77: Latin America Power Inverter Market Forecast (USD Billion), by Medium, 2019-2032

Figure 78: Latin America Power Inverter Market Forecast (USD Billion), by High, 2019-2032

Figure 79: Latin America Power Inverter Market Value Share (%), By End User, 2023 & 2032

Figure 80: Latin America Power Inverter Market Forecast (USD Billion), by Residential, 2019-2032

Figure 81: Latin America Power Inverter Market Forecast (USD Billion), by Commercial, 2019-2032

Figure 82: Latin America Power Inverter Market Forecast (USD Billion), by Utility, 2019-2032

Figure 83: Latin America Power Inverter Market Forecast (USD Billion), by Automotive, 2019-2032

Figure 84: Latin America Power Inverter Market Forecast (USD Billion), by Others, 2019-2032

Figure 85: Latin America Power Inverter Value (USD Billion), By Country, 2023 & 2032

Figure 86: Latin America Power Inverter Value Share (%), By Country, 2023

Figure 87: Middle East & Africa Power Inverter Market Value Share (%), By Product, 2023 & 2032

Figure 88: Middle East & Africa Power Inverter Market Forecast (USD Billion), by String Inverter , 2019-2032

Figure 89: Middle East & Africa Power Inverter Market Forecast (USD Billion), by Micro-Inverter, 2019-2032

Figure 90: Middle East & Africa Power Inverter Market Forecast (USD Billion), by Central Inverter, 2019-2032

Figure 91: Middle East & Africa Power Inverter Market Forecast (USD Billion), by Others, 2019-2032

Figure 92: Middle East & Africa Power Inverter Market Value Share (%), By Output Voltage, 2023 & 2032

Figure 93: Middle East & Africa Power Inverter Market Forecast (USD Billion), by Low, 2019-2032

Figure 94: Middle East & Africa Power Inverter Market Forecast (USD Billion), by Medium, 2019-2032

Figure 95: Middle East & Africa Power Inverter Market Forecast (USD Billion), by High, 2019-2032

Figure 96: Middle East & Africa Power Inverter Market Value Share (%), By End User, 2023 & 2032

Figure 97: Middle East & Africa Power Inverter Market Forecast (USD Billion), by Residential, 2019-2032

Figure 98: Middle East & Africa Power Inverter Market Forecast (USD Billion), by Commercial, 2019-2032

Figure 99: Middle East & Africa Power Inverter Market Forecast (USD Billion), by Utility, 2019-2032

Figure 100: Middle East & Africa Power Inverter Market Forecast (USD Billion), by Automotive, 2019-2032

Figure 101: Middle East & Africa Power Inverter Market Forecast (USD Billion), by Others, 2019-2032

Figure 102: Middle East & Africa Power Inverter Value (USD Billion), By Country, 2023 & 2032

Figure 103: Middle East & Africa Power Inverter Value Share (%), By Country, 2023

Figure 104: Company Market Share Analysis (%), 2023

Table 1: Global Power Inverter Market Revenue (USD Billion) Forecast, By Product, 2019-2032

Table 2: Global Power Inverter Market Revenue (USD Billion) Forecast, By Output Voltage, 2019-2032

Table 3: Global Power Inverter Market Revenue (USD Billion) Forecast, By End User, 2019-2032

Table 4: Global Power Inverter Market Revenue (USD Billion) Forecast, by Region, 2019-2032

Table 5: North America Power Inverter Market Revenue (USD Billion) Forecast, By Product, 2019-2032

Table 6: North America Power Inverter Market Revenue (USD Billion) Forecast, By Output Voltage, 2019-2032

Table 7: North America Power Inverter Market Revenue (USD Billion) Forecast, By End User, 2019-2032

Table 8: North America Power Inverter Market Revenue (USD Billion) Forecast, By Country, 2019-2032

Table 9: U.S Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 10: Canada Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 11: Europe Power Inverter Market Revenue (USD Billion) Forecast, By Product, 2019-2032

Table 12: Europe Power Inverter Market Revenue (USD Billion) Forecast, By Output Voltage, 2019-2032

Table 13: Europe Power Inverter Market Revenue (USD Billion) Forecast, By End User, 2019-2032

Table 14: Europe Power Inverter Market Revenue (USD Billion) Forecast, By Country, 2019-2032

Table 15: Germany Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 16: U.K Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 17: France Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 18: Italy Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 19: Spain Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 20: Russia Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 21: Rest of Europe Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 22: Asia Pacific Power Inverter Market Revenue (USD Billion) Forecast, By Product, 2019-2032

Table 23: Asia Pacific Power Inverter Market Revenue (USD Billion) Forecast, By Output Voltage, 2019-2032

Table 24: Asia Pacific Power Inverter Market Revenue (USD Billion) Forecast, By End User, 2019-2032

Table 25: Asia Pacific Power Inverter Market Revenue (USD Billion) Forecast, By Country, 2019-2032

Table 26: China Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 27: Japan Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 28: India Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 29: Australia Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 30: South East Asia Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 31: Rest of Asia Pacific Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 32: Latin America Power Inverter Market Revenue (USD Billion) Forecast, By Product, 2019-2032

Table 33: Latin America Power Inverter Market Revenue (USD Billion) Forecast, By Output Voltage, 2019-2032

Table 34: Latin America Power Inverter Market Revenue (USD Billion) Forecast, By End User, 2019-2032

Table 35: Latin America Power Inverter Market Revenue (USD Billion) Forecast, By Country, 2019-2032

Table 36: Brazil Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 37: Mexico Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 38: Rest of Latin America Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 39: Middle East & Africa Power Inverter Market Revenue (USD Billion) Forecast, By Product, 2019-2032

Table 40: Middle East & Africa Power Inverter Market Revenue (USD Billion) Forecast, By Output Voltage, 2019-2032

Table 41: Middle East & Africa Power Inverter Market Revenue (USD Billion) Forecast, By End User, 2019-2032

Table 42: Middle East & Africa Power Inverter Market Revenue (USD Billion) Forecast, By Country, 2019-2032

Table 43: GCC Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 44: South Africa Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

Table 45: Rest of Middle East & Africa Power Inverter Market Revenue (USD Billion) Forecast, by End User, 2019-2032

  • 2019-2032
  • 2023
  • 2019-2022
  • 227
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