Grid-tied Solar Inverter Market 2022: Industry Size, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2028
This report aims to provide a comprehensive presentation of the global market for Grid-tied Solar Inverter study by Market Intellix gives insights concerning the market elements influencing the market, Market scope, Market division, and overlays shadow upon the leading market players featuring the positive cutthroat scene and patterns beating the years.
Global Grid-tied Solar Inverter Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Grid-tied Solar Inverter Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Grid-tied Solar Inverter companies in 2021 (%)
The global Grid-tied Solar Inverter market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Single Phase Inverter Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Grid-tied Solar Inverter include SMA, KACO, Eaton, Exeltech, Magnum Energy, FIMER, Growatt New Energy, GoodWe and Huawei Technologies, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
The study provides the Grid-tied Solar Inverter manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Segmental Outline:
Global Grid-tied Solar Inverter Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Grid-tied Solar Inverter Market Segment Percentages, by Type, 2021 (%)
Single Phase Inverter
Three Phase Inverter
Other
Global Grid-tied Solar Inverter Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Grid-tied Solar Inverter Market Segment Percentages, by Application, 2021 (%)
Residential
Commercial
Industry
Other
Global Grid-tied Solar Inverter Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Grid-tied Solar Inverter Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Grid-tied Solar Inverter revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Grid-tied Solar Inverter revenues share in global market, 2021 (%)
Key companies Grid-tied Solar Inverter sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Grid-tied Solar Inverter sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
SMA
KACO
Eaton
Exeltech
Magnum Energy
FIMER
Growatt New Energy
GoodWe
Huawei Technologies
ZCS Azzurro
OutBack Power
Solectria
AIMS Power
Kostal Solar
Delta Energy Systems
Ginlong Solis
Steca
This Report Addresses:
– Market Intelligence enables effective decision-making
– Market estimates and forecasts from 2022 to 2028
– Growth opportunities and trend analysis
– Segment and regional revenue forecast for market evaluation
– Competitive strategy and analysis of market segments
– List of product innovations to stay on top.
– The impact of COVID-19 and how to survive in these fast-growing markets.
1 Introduction to Research & Analysis Reports
1.1 Grid-tied Solar Inverter Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Grid-tied Solar Inverter Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Grid-tied Solar Inverter Overall Market Size
2.1 Global Grid-tied Solar Inverter Market Size: 2021 VS 2028
2.2 Global Grid-tied Solar Inverter Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Grid-tied Solar Inverter Sales: 2017-2028
3 Company Landscape
3.1 Top Grid-tied Solar Inverter Players in Global Market
3.2 Top Global Grid-tied Solar Inverter Companies Ranked by Revenue
3.3 Global Grid-tied Solar Inverter Revenue by Companies
3.4 Global Grid-tied Solar Inverter Sales by Companies
3.5 Global Grid-tied Solar Inverter Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Grid-tied Solar Inverter Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Grid-tied Solar Inverter Product Type
3.8 Tier 1, Tier 2 and Tier 3 Grid-tied Solar Inverter Players in Global Market
3.8.1 List of Global Tier 1 Grid-tied Solar Inverter Companies
3.8.2 List of Global Tier 2 and Tier 3 Grid-tied Solar Inverter Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Grid-tied Solar Inverter Market Size Markets, 2021 & 2028
4.1.2 Single Phase Inverter
4.1.3 Three Phase Inverter
4.1.4 Other
4.2 By Type - Global Grid-tied Solar Inverter Revenue & Forecasts
4.2.1 By Type - Global Grid-tied Solar Inverter Revenue, 2017-2022
4.2.2 By Type - Global Grid-tied Solar Inverter Revenue, 2023-2028
4.2.3 By Type - Global Grid-tied Solar Inverter Revenue Market Share, 2017-2028
4.3 By Type - Global Grid-tied Solar Inverter Sales & Forecasts
4.3.1 By Type - Global Grid-tied Solar Inverter Sales, 2017-2022
4.3.2 By Type - Global Grid-tied Solar Inverter Sales, 2023-2028
4.3.3 By Type - Global Grid-tied Solar Inverter Sales Market Share, 2017-2028
4.4 By Type - Global Grid-tied Solar Inverter Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Grid-tied Solar Inverter Market Size, 2021 & 2028
5.1.2 Residential
5.1.3 Commercial
5.1.4 Industry
5.1.5 Other
5.2 By Application - Global Grid-tied Solar Inverter Revenue & Forecasts
5.2.1 By Application - Global Grid-tied Solar Inverter Revenue, 2017-2022
5.2.2 By Application - Global Grid-tied Solar Inverter Revenue, 2023-2028
5.2.3 By Application - Global Grid-tied Solar Inverter Revenue Market Share, 2017-2028
5.3 By Application - Global Grid-tied Solar Inverter Sales & Forecasts
5.3.1 By Application - Global Grid-tied Solar Inverter Sales, 2017-2022
5.3.2 By Application - Global Grid-tied Solar Inverter Sales, 2023-2028
5.3.3 By Application - Global Grid-tied Solar Inverter Sales Market Share, 2017-2028
5.4 By Application - Global Grid-tied Solar Inverter Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Grid-tied Solar Inverter Market Size, 2021 & 2028
6.2 By Region - Global Grid-tied Solar Inverter Revenue & Forecasts
6.2.1 By Region - Global Grid-tied Solar Inverter Revenue, 2017-2022
6.2.2 By Region - Global Grid-tied Solar Inverter Revenue, 2023-2028
6.2.3 By Region - Global Grid-tied Solar Inverter Revenue Market Share, 2017-2028
6.3 By Region - Global Grid-tied Solar Inverter Sales & Forecasts
6.3.1 By Region - Global Grid-tied Solar Inverter Sales, 2017-2022
6.3.2 By Region - Global Grid-tied Solar Inverter Sales, 2023-2028
6.3.3 By Region - Global Grid-tied Solar Inverter Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Grid-tied Solar Inverter Revenue, 2017-2028
6.4.2 By Country - North America Grid-tied Solar Inverter Sales, 2017-2028
6.4.3 US Grid-tied Solar Inverter Market Size, 2017-2028
6.4.4 Canada Grid-tied Solar Inverter Market Size, 2017-2028
6.4.5 Mexico Grid-tied Solar Inverter Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Grid-tied Solar Inverter Revenue, 2017-2028
6.5.2 By Country - Europe Grid-tied Solar Inverter Sales, 2017-2028
6.5.3 Germany Grid-tied Solar Inverter Market Size, 2017-2028
6.5.4 France Grid-tied Solar Inverter Market Size, 2017-2028
6.5.5 U.K. Grid-tied Solar Inverter Market Size, 2017-2028
6.5.6 Italy Grid-tied Solar Inverter Market Size, 2017-2028
6.5.7 Russia Grid-tied Solar Inverter Market Size, 2017-2028
6.5.8 Nordic Countries Grid-tied Solar Inverter Market Size, 2017-2028
6.5.9 Benelux Grid-tied Solar Inverter Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Grid-tied Solar Inverter Revenue, 2017-2028
6.6.2 By Region - Asia Grid-tied Solar Inverter Sales, 2017-2028
6.6.3 China Grid-tied Solar Inverter Market Size, 2017-2028
6.6.4 Japan Grid-tied Solar Inverter Market Size, 2017-2028
6.6.5 South Korea Grid-tied Solar Inverter Market Size, 2017-2028
6.6.6 Southeast Asia Grid-tied Solar Inverter Market Size, 2017-2028
6.6.7 India Grid-tied Solar Inverter Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Grid-tied Solar Inverter Revenue, 2017-2028
6.7.2 By Country - South America Grid-tied Solar Inverter Sales, 2017-2028
6.7.3 Brazil Grid-tied Solar Inverter Market Size, 2017-2028
6.7.4 Argentina Grid-tied Solar Inverter Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Grid-tied Solar Inverter Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Grid-tied Solar Inverter Sales, 2017-2028
6.8.3 Turkey Grid-tied Solar Inverter Market Size, 2017-2028
6.8.4 Israel Grid-tied Solar Inverter Market Size, 2017-2028
6.8.5 Saudi Arabia Grid-tied Solar Inverter Market Size, 2017-2028
6.8.6 UAE Grid-tied Solar Inverter Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 SMA
7.1.1 SMA Corporate Summary
7.1.2 SMA Business Overview
7.1.3 SMA Grid-tied Solar Inverter Major Product Offerings
7.1.4 SMA Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.1.5 SMA Key News
7.2 KACO
7.2.1 KACO Corporate Summary
7.2.2 KACO Business Overview
7.2.3 KACO Grid-tied Solar Inverter Major Product Offerings
7.2.4 KACO Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.2.5 KACO Key News
7.3 Eaton
7.3.1 Eaton Corporate Summary
7.3.2 Eaton Business Overview
7.3.3 Eaton Grid-tied Solar Inverter Major Product Offerings
7.3.4 Eaton Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.3.5 Eaton Key News
7.4 Exeltech
7.4.1 Exeltech Corporate Summary
7.4.2 Exeltech Business Overview
7.4.3 Exeltech Grid-tied Solar Inverter Major Product Offerings
7.4.4 Exeltech Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.4.5 Exeltech Key News
7.5 Magnum Energy
7.5.1 Magnum Energy Corporate Summary
7.5.2 Magnum Energy Business Overview
7.5.3 Magnum Energy Grid-tied Solar Inverter Major Product Offerings
7.5.4 Magnum Energy Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.5.5 Magnum Energy Key News
7.6 FIMER
7.6.1 FIMER Corporate Summary
7.6.2 FIMER Business Overview
7.6.3 FIMER Grid-tied Solar Inverter Major Product Offerings
7.6.4 FIMER Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.6.5 FIMER Key News
7.7 Growatt New Energy
7.7.1 Growatt New Energy Corporate Summary
7.7.2 Growatt New Energy Business Overview
7.7.3 Growatt New Energy Grid-tied Solar Inverter Major Product Offerings
7.7.4 Growatt New Energy Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.7.5 Growatt New Energy Key News
7.8 GoodWe
7.8.1 GoodWe Corporate Summary
7.8.2 GoodWe Business Overview
7.8.3 GoodWe Grid-tied Solar Inverter Major Product Offerings
7.8.4 GoodWe Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.8.5 GoodWe Key News
7.9 Huawei Technologies
7.9.1 Huawei Technologies Corporate Summary
7.9.2 Huawei Technologies Business Overview
7.9.3 Huawei Technologies Grid-tied Solar Inverter Major Product Offerings
7.9.4 Huawei Technologies Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.9.5 Huawei Technologies Key News
7.10 ZCS Azzurro
7.10.1 ZCS Azzurro Corporate Summary
7.10.2 ZCS Azzurro Business Overview
7.10.3 ZCS Azzurro Grid-tied Solar Inverter Major Product Offerings
7.10.4 ZCS Azzurro Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.10.5 ZCS Azzurro Key News
7.11 OutBack Power
7.11.1 OutBack Power Corporate Summary
7.11.2 OutBack Power Grid-tied Solar Inverter Business Overview
7.11.3 OutBack Power Grid-tied Solar Inverter Major Product Offerings
7.11.4 OutBack Power Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.11.5 OutBack Power Key News
7.12 Solectria
7.12.1 Solectria Corporate Summary
7.12.2 Solectria Grid-tied Solar Inverter Business Overview
7.12.3 Solectria Grid-tied Solar Inverter Major Product Offerings
7.12.4 Solectria Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.12.5 Solectria Key News
7.13 AIMS Power
7.13.1 AIMS Power Corporate Summary
7.13.2 AIMS Power Grid-tied Solar Inverter Business Overview
7.13.3 AIMS Power Grid-tied Solar Inverter Major Product Offerings
7.13.4 AIMS Power Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.13.5 AIMS Power Key News
7.14 Kostal Solar
7.14.1 Kostal Solar Corporate Summary
7.14.2 Kostal Solar Business Overview
7.14.3 Kostal Solar Grid-tied Solar Inverter Major Product Offerings
7.14.4 Kostal Solar Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.14.5 Kostal Solar Key News
7.15 Delta Energy Systems
7.15.1 Delta Energy Systems Corporate Summary
7.15.2 Delta Energy Systems Business Overview
7.15.3 Delta Energy Systems Grid-tied Solar Inverter Major Product Offerings
7.15.4 Delta Energy Systems Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.15.5 Delta Energy Systems Key News
7.16 Ginlong Solis
7.16.1 Ginlong Solis Corporate Summary
7.16.2 Ginlong Solis Business Overview
7.16.3 Ginlong Solis Grid-tied Solar Inverter Major Product Offerings
7.16.4 Ginlong Solis Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.16.5 Ginlong Solis Key News
7.17 Steca
7.17.1 Steca Corporate Summary
7.17.2 Steca Business Overview
7.17.3 Steca Grid-tied Solar Inverter Major Product Offerings
7.17.4 Steca Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.17.5 Steca Key News
8 Global Grid-tied Solar Inverter Production Capacity, Analysis
8.1 Global Grid-tied Solar Inverter Production Capacity, 2017-2028
8.2 Grid-tied Solar Inverter Production Capacity of Key Manufacturers in Global Market
8.3 Global Grid-tied Solar Inverter Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Grid-tied Solar Inverter Supply Chain Analysis
10.1 Grid-tied Solar Inverter Industry Value Chain
10.2 Grid-tied Solar Inverter Upstream Market
10.3 Grid-tied Solar Inverter Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Grid-tied Solar Inverter Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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