This report is a detailed and comprehensive analysis for global PV Inverter market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Market segment by Type
String Inverter
Central Inverter
Microinverters
Market segment by Application
Residential
Business
Public Utilities
Major players covered
Huawei
Sungrow Power
SMA
Power Electronics
FIMER
SiNENG
GoodWe
SolarEdge Technologies
Ingeteam
TBEA
KSTAR
Growatt
Siemens (KACO)
Delta Energy Systems
GinLong
Fronius
Schneider Electric
SOFARSOLAR
Darfon Electronics
Powerone Micro System
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PV Inverters, also known as power regulator and power regulator, is an indispensable part of the photovoltaic system.
According to our (Global Info Research) latest study, the global PV Inverter market size was valued at USD 5987.5 million in 2022 and is forecast to a readjusted size of USD 12440 million by 2029 with a CAGR of 11.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global PV Inverter market include SMA, Huawei, etc. The top 2 players occupy about 30% shares of the global market. Asia-Pacific is main market, and occupies over 60% of the global market. String Inverter is the main type, with a share about 60%. Public Utilities is the main application, which holds a share about 45%.
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