Forecast Period
|
2026-2030
|
Market Size (2024)
|
USD 10.84 billion
|
Market Size (2030)
|
USD 17.04 billion
|
CAGR (2025-2030)
|
7.67%
|
Fastest Growing Segment
|
Single Phase
|
Largest Market
|
Asia Pacific
|
Market Overview
The Global
Renewable
Energy Inverters Market was
valued at USD 10.84 billion in 2024 and is expected to reach USD 17.04 billion by
2030 with a CAGR of 7.67% during the forecast period.
The Renewable
Energy Inverters Market refers to the industry focused on manufacturing and
supplying inverters that convert direct current (DC) electricity generated by
renewable sources—such as solar panels and wind turbines—into alternating
current (AC) electricity for use in residential, commercial, industrial, and
utility-scale applications. These inverters are critical components in
renewable energy systems, ensuring compatibility with grid infrastructure and
enabling efficient energy utilization and export. The market includes various
inverter types like string inverters, central inverters, microinverters, and
hybrid inverters, each suited to different scales and setups of renewable
installations.
The growth of
this market is driven primarily by the global shift toward cleaner and more
sustainable energy sources. As countries commit to reducing carbon emissions
and transitioning away from fossil fuels, investments in renewable energy
infrastructure are rising rapidly. Inverters play a vital role in this
transition by enabling the seamless integration of renewable energy into
existing power grids. Additionally, advances in inverter technology—such as
higher efficiency, enhanced grid support features, real-time data monitoring,
and smart functionalities—are improving system performance, encouraging further
adoption.
Government
policies and financial incentives, including feed-in tariffs, net metering, and
tax credits, are also stimulating demand for renewable energy systems,
particularly in emerging markets. The rapid decline in solar panel and wind
turbine costs further amplifies the demand for compatible inverter systems.
Moreover, with the increasing popularity of energy storage systems, hybrid
inverters that can manage both renewable generation and battery storage are
gaining significant traction.
The future of
the Renewable Energy Inverters Market looks promising, with growth expected
across all segments. Urbanization, electrification of rural regions, and the
rise of distributed energy resources will further expand market opportunities.
As global energy consumption grows and sustainability remains a priority,
renewable energy inverters will remain indispensable to powering a cleaner,
decentralized, and resilient energy future.
Key Market Drivers
Surging Global Adoption of
Renewable Energy Sources Driving Inverter Demand
The global shift toward
renewable energy sources, particularly solar and wind, is a primary driver for
the Renewable Energy Inverters Market, as inverters are critical components for
converting direct current (DC) generated by these sources into alternating
current (AC) for grid integration and end-use applications.
The rapid expansion of
solar photovoltaic (PV) installations and wind farms, fueled by declining costs
of renewable technologies and supportive government policies, necessitates
advanced inverters to ensure efficient energy conversion and grid stability.
For instance, countries like China, India, and Germany are scaling up renewable
capacity to meet ambitious net-zero targets, increasing the demand for
high-performance inverters. String inverters, central inverters, and
microinverters are being deployed across residential, commercial, and
utility-scale projects to address diverse installation needs.
Additionally, the rise of
hybrid renewable systems, combining solar and wind, requires sophisticated
inverters capable of handling multiple energy inputs. The push for energy
independence and decarbonization further amplifies investments in renewable infrastructure,
positioning inverters as indispensable for enabling reliable power delivery. As
renewable energy continues to replace fossil fuels, the Renewable Energy
Inverters Market is poised for significant growth, driven by the need for
efficient energy conversion solutions.
In 2024, global renewable
energy capacity reached 3,870 GW, with solar PV and wind contributing 2,200 GW,
according to the International Renewable Energy Agency. Solar installations
alone grew by 24% year-over-year, driving a 20% increase in inverter shipments,
with 350 GW of inverter capacity deployed globally, of which string inverters
accounted for 60% due to their cost-effectiveness in utility-scale projects.
Increasing Investments in
Grid Modernization and Smart Grid Technologies
The global emphasis on grid
modernization and the deployment of smart grid technologies is a key driver for
the Renewable Energy Inverters Market, as advanced inverters play a pivotal
role in enhancing grid reliability and integrating distributed renewable energy
sources. Modern grids require inverters with capabilities like reactive power
control, voltage regulation, and grid-forming functions to stabilize
fluctuating renewable energy inputs.
Governments and utilities
are investing heavily in upgrading aging grid infrastructure to accommodate the
rising share of renewables, particularly in regions like North America and
Europe. Smart inverters, equipped with communication protocols and real-time
monitoring, enable seamless interaction between distributed energy resources,
such as rooftop solar systems, and the grid. These inverters also support
demand response programs and energy storage integration, critical for balancing
supply and demand.
The transition to
decentralized energy systems, including microgrids, further drives demand for
inverters with enhanced flexibility and resilience. As regulatory frameworks
evolve to mandate grid-supportive inverter functionalities, manufacturers are
innovating to deliver cost-effective, compliant solutions. The Renewable Energy
Inverters Market is thus experiencing robust growth, propelled by the need for
intelligent inverters to support modern, renewable-centric grids.
Global grid modernization
investments reached $280 billion in 2024, with 40% allocated to smart grid
technologies, per the International Energy Agency. Smart inverter installations
grew by 30%, with 150 million units deployed in distributed solar systems,
enabling 25% improved grid stability through advanced voltage regulation
features in high-penetration renewable regions.
Growing Demand for Energy
Storage Systems Boosting Hybrid Inverter Adoption
The rising adoption of
energy storage systems (ESS) alongside renewable energy installations is a
significant driver for the Renewable Energy Inverters Market, particularly for
hybrid inverters that integrate solar PV, battery storage, and grid connectivity.
Hybrid inverters enable efficient energy management by storing excess renewable
energy for use during peak demand or low-generation periods, enhancing energy
reliability and cost savings.
The declining costs of
lithium-ion batteries and the increasing need for grid resilience amid extreme
weather events are accelerating ESS deployments in residential, commercial, and
industrial sectors. For example, homeowners are pairing solar panels with
batteries to reduce reliance on utilities, while businesses leverage ESS for
demand charge management. Hybrid inverters’ ability to seamlessly switch
between grid-tied and off-grid modes supports the growth of standalone
microgrids in remote areas.
Additionally, government
incentives and policies promoting energy storage, such as tax credits in the
United States, are boosting market demand. As energy storage becomes integral
to renewable energy systems, the Renewable Energy Inverters Market is expanding,
driven by the critical role of hybrid inverters in optimizing energy
utilization.
In 2024, global energy
storage deployments reached 85 GW, a 50% increase from 2023, per the
International Renewable Energy Agency. Hybrid inverter installations grew by
35%, with 12 million units deployed in residential solar-plus-storage systems,
enabling 40% cost savings on electricity bills through optimized battery
charging and discharging cycles.
Stringent Regulatory
Mandates and Incentives Promoting Renewable Energy Deployment
Stringent regulatory
mandates and financial incentives aimed at accelerating renewable energy
adoption are driving the Renewable Energy Inverters Market by increasing the
installation of solar and wind systems that rely on inverters. Governments
worldwide are implementing policies like feed-in tariffs, net metering, and
renewable portfolio standards to encourage renewable energy integration,
particularly in high-growth markets like Asia-Pacific and Europe. For instance,
India’s target of 500 GW renewable capacity by 2030 has spurred massive solar
project rollouts, necessitating inverters for grid connectivity.
Regulatory frameworks also
mandate advanced inverter features, such as anti-islanding protection and
low-voltage ride-through, to ensure grid safety and stability. Financial
incentives, including subsidies for residential solar installations and tax
breaks for commercial projects, are lowering upfront costs, boosting inverter
demand.
Additionally, carbon
pricing mechanisms and emission reduction commitments under international
agreements like the Paris Accord are compelling utilities and industries to
invest in renewables. As these policies create a favorable environment for
renewable energy growth, the Renewable Energy Inverters Market benefits from
the rising need for inverters to support compliant, efficient energy systems.
In 2024, 45 countries
implemented new renewable energy incentives, per the United Nations Environment
Programme. Solar PV installations supported by net metering grew by 28%,
driving a 22% increase in inverter deployments, with 180 GW of inverter capacity
added globally, of which 70% complied with updated grid codes mandating
advanced safety features.
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Key Market Challenges
Grid Integration Complexity
and Regulatory Disparities
As renewable energy
adoption accelerates worldwide, a major challenge for the renewable energy
inverters market is the complexity of integrating these systems into existing
power grids, especially in regions with outdated or rigid electrical
infrastructure. Renewable energy inverters are responsible not only for
converting direct current to alternating current but also for ensuring that
this energy can be safely and efficiently synchronized with utility grid
parameters, including voltage, frequency, and phase. However, this
synchronization becomes technically challenging when grid conditions vary
dramatically due to fluctuating renewable inputs or limited grid flexibility.
One of the biggest
integration issues arises from the intermittent nature of solar and wind
energy, which results in inconsistent voltage and frequency outputs. Inverters
must be equipped with advanced features such as anti-islanding protection,
voltage ride-through, frequency regulation, and reactive power control. These
features require significant investment in both hardware and software,
increasing the cost and complexity of inverter systems. Manufacturers must
continually innovate to ensure that their inverters comply with evolving grid
codes and standards, which vary significantly across regions and even within
countries.
For instance, countries in
Europe such as Germany and Denmark have well-established grid codes for
renewable integration, encouraging smart inverter deployment. Conversely, in
many parts of Asia, Africa, and Latin America, grid infrastructure is still developing,
and regulatory frameworks remain inconsistent or underdeveloped. These
regulatory disparities create uncertainty for manufacturers and investors,
slowing market penetration in regions where renewable potential is high but
system readiness is low. Additionally, retrofitting older infrastructure to
accommodate smart inverters requires substantial public and private sector
collaboration, which often involves bureaucratic delays and financial
constraints.
Furthermore, the lack of
unified global standards for inverter compliance places an additional burden on
manufacturers, who must customize products for specific markets. This
customization affects economies of scale, lengthens product development cycles,
and increases logistical challenges. While international agencies are working
to harmonize these standards, progress remains slow due to the varied interests
and capabilities of national regulators. As a result, the renewable energy
inverters market must navigate a landscape of technical complexity, regulatory
uncertainty, and infrastructure limitations, making grid integration a
persistent and multifaceted challenge.
High Initial Costs and
Limited Access to Financing
Another significant
challenge facing the renewable energy inverters market is the high initial cost
of inverter systems, especially when integrated with energy storage and smart
grid functionality. In many renewable energy installations, inverters represent
a substantial portion of the system cost, particularly in residential and
small-scale commercial setups. While economies of scale are reducing costs in
large utility-scale projects, price sensitivity remains high in emerging
markets and among cost-conscious consumers.
The financial burden
becomes more pronounced when advanced inverter technologies are required to
meet stringent grid requirements or to operate in hybrid systems that include
battery storage. In such configurations, inverters must not only convert energy
efficiently but also perform load management, system monitoring, and
bidirectional energy flow, all of which require sophisticated components and
software. These features increase capital expenditure and often necessitate
skilled labor for installation and maintenance, further elevating the overall
project cost.
Moreover, many potential
customers, particularly in developing countries, struggle to access affordable
financing options for renewable energy investments. Traditional banks may view
renewable energy projects as high-risk, especially if the borrower lacks credit
history or if the regulatory environment is unstable. Without subsidized loans,
leasing programs, or government incentives, the upfront investment in inverters
becomes a significant deterrent to adoption. In residential markets, this
financing gap is even more acute, as many homeowners cannot afford large
initial payments despite the long-term savings associated with renewable energy
use.
Even in developed markets,
incentive structures are often inconsistent or time-limited, creating
uncertainty around return on investment. Policy changes can abruptly reduce
financial support, impacting consumer confidence and investor appetite.
Additionally, with the rising popularity of integrated inverter-storage
systems, there is a need for comprehensive financing models that account for
the full lifecycle cost, including maintenance, upgrades, and potential
technological obsolescence.
To overcome this challenge,
the industry must focus on cost reduction through technological innovation,
streamlined manufacturing, and volume scaling. At the same time, collaboration
with financial institutions, insurance providers, and government bodies is
necessary to develop financing mechanisms that make renewable inverters more
accessible. Without addressing the high initial costs and limited access to
financing, the adoption of renewable energy inverters will remain constrained,
particularly in regions that stand to benefit the most from decentralized and
clean energy solutions.
Key Market Trends
Rising Integration of
Energy Storage Systems with Inverter Technology
A prominent trend in the
Renewable Energy Inverters Market is the increasing integration of energy
storage systems with inverter technology, particularly in the form of hybrid
inverters. As renewable energy sources like solar and wind are intermittent by
nature, energy storage systems have become critical for balancing supply and
demand, enhancing grid stability, and ensuring uninterrupted power supply.
Hybrid inverters, which enable the simultaneous management of solar generation
and battery storage, are gaining substantial traction across residential,
commercial, and utility-scale applications.
This shift is being driven
by growing demand for energy self-sufficiency, peak-shaving solutions, and
backup power capabilities. Hybrid inverters not only convert direct current
electricity into alternating current but also regulate battery charging and discharging,
optimize load shifting, and interface with smart home energy management
systems. In regions with time-of-use electricity tariffs or unreliable grid
infrastructure, these systems deliver both economic and operational advantages
Manufacturers are
increasingly offering all-in-one solutions combining inverter, battery, and
energy management software to simplify installation and improve system
performance. As battery technology becomes more affordable and efficient, the
demand for hybrid inverter systems is expected to accelerate further. Moreover,
government incentives supporting distributed generation and energy storage are
bolstering market momentum.
The rising integration of
energy storage within inverter systems reflects a broader transformation toward
decentralized, resilient energy ecosystems. It marks a transition from simple
power conversion units to intelligent, multi-functional energy control hubs,
positioning inverter manufacturers at the forefront of smart energy innovation.
Emergence of Smart
Inverters for Grid Support and Demand Response
The Renewable Energy
Inverters Market is undergoing a technological shift toward smart inverters
capable of providing advanced grid-support functionalities. Unlike traditional
inverters that perform basic energy conversion, smart inverters are equipped with
communication interfaces, software controls, and grid-interactive features.
These devices play a vital role in supporting the reliability, flexibility, and
responsiveness of modern electrical grids, particularly as renewable energy
penetration increases.
Smart inverters are
designed to manage real-time voltage regulation, frequency stabilization,
reactive power compensation, and anti-islanding protection. They can
dynamically adjust power output based on grid conditions and participate in
demand response programs, thereby facilitating greater integration of
distributed energy resources without compromising grid stability. Their ability
to interact with utilities and respond to grid signals makes them essential
components of smart grid architecture.
This trend is being driven
by evolving grid codes and utility requirements, especially in mature renewable
energy markets such as Germany, the United States, and Australia. Regulatory
authorities are mandating features like voltage ride-through, active power
curtailment, and remote disconnect capabilities to improve grid resilience.
Consequently, inverter manufacturers are investing in firmware development and
cloud-based monitoring platforms that enhance control and visibility across
energy networks.
The proliferation of smart
inverters is also enabling greater automation and digitalization in renewable
energy systems. With the integration of artificial intelligence and machine
learning, these inverters can forecast energy production, optimize load management,
and support predictive maintenance. This technological advancement is reshaping
the competitive landscape, as value is increasingly derived not just from
hardware reliability but also from software intelligence and interoperability.
Shift Toward Modular and
Scalable Inverter Designs
Another emerging trend in
the Renewable Energy Inverters Market is the shift toward modular and scalable
inverter designs, especially in commercial and utility-scale installations.
Traditional centralized inverters, while powerful, often lack the flexibility
required to adapt to changing energy demands or site-specific configurations.
As a result, the market is witnessing growing adoption of modular solutions
such as string inverters and microinverters that allow for greater design
flexibility, redundancy, and ease of maintenance.
Modular inverter systems
enable installers and developers to scale renewable energy projects
incrementally without compromising system performance or overhauling
infrastructure. This scalability is particularly advantageous in large-scale
solar farms, industrial complexes, and off-grid applications where energy
requirements can vary over time. In such settings, distributed inverter
architectures reduce the impact of individual component failures, enhance
system uptime, and improve overall energy yield.
Moreover, modular designs
simplify installation, reduce downtime during servicing, and offer enhanced
monitoring at the array level. They support parallel operation and are often
compatible with diverse photovoltaic module technologies, making them adaptable
to varied site conditions. With advancements in digital interfaces and
plug-and-play configurations, these systems are becoming more user-friendly,
enabling quicker deployment and commissioning.
The trend toward modular
inverter solutions also aligns with the decentralization of energy
infrastructure and the rise of prosumer models. As more end-users generate and
consume their own electricity, the ability to customize and expand inverter
systems becomes a significant value proposition. This evolution toward
modularity is expected to remain a key differentiator for manufacturers seeking
to serve diverse global markets with tailored, scalable solutions.
Segmental Insights
Type Insights
In 2024, the string inverters segment dominated the
global Renewable Energy Inverters Market and is expected to maintain its
leading position throughout the forecast period. String inverters are widely
adopted across residential, commercial, and small- to medium-scale utility
solar installations due to their high efficiency, lower cost per watt, ease of
installation, and reliable performance. These inverters connect a series of
solar panels (a “string”) to a single inverter, making them a practical choice
for installations with uniform panel orientations and minimal shading.
The segment’s dominance is primarily driven by its
widespread use in rooftop photovoltaic systems, which are increasingly being
deployed in urban and suburban areas across developed and developing regions.
Governments worldwide are promoting distributed solar generation with favorable
policies, tax benefits, and net metering incentives, further boosting the
adoption of string inverters. Additionally, recent technological advancements
have enhanced the capabilities of string inverters, including integrated monitoring
systems, improved heat dissipation, and support for grid compliance
functionalities such as voltage and frequency regulation.
Manufacturers are also offering three-phase string
inverters for larger commercial and industrial applications, expanding their
applicability beyond residential systems. The ability of string inverters to
balance cost and efficiency, along with their scalability and minimal
maintenance requirements, positions them as a preferred solution in the
evolving renewable energy landscape.
Furthermore, as smart grid integration becomes a
priority, modern string inverters equipped with digital communication
interfaces are supporting two-way interaction with utility grids, making them
compatible with emerging grid standards. This adaptability ensures their
continued relevance in the face of evolving regulatory environments and grid
modernization efforts. As a result, the string inverters segment is anticipated
to sustain its dominance in the Renewable Energy Inverters Market, supported by
strong demand across a broad spectrum of end-users and favorable market
dynamics globally.
Phase Insights
In 2024, the three-phase
segment dominated the global Renewable Energy Inverters Market and is projected
to maintain its dominance throughout the forecast period. Three-phase inverters
are widely used in commercial, industrial, and utility-scale renewable energy
systems due to their ability to handle higher power loads, ensure better power
quality, and offer more efficient energy transmission over long distances. This
segment's leadership is primarily attributed to the rapid expansion of
large-scale solar and wind projects globally, particularly in regions such as
Asia-Pacific, North America, and Europe, where governments and private entities
are investing heavily in clean energy infrastructure.
Three-phase inverters
offer several advantages over their single-phase counterparts, including
reduced transmission losses, greater energy conversion efficiency, and improved
load balancing, making them the preferred choice for high-capacity installations.
As utility-scale solar farms and large commercial rooftop systems become more
prevalent, the demand for three-phase inverters is expected to rise
consistently. Additionally, advancements in grid integration technologies,
coupled with the increasing deployment of smart inverters, have further
enhanced the capabilities of three-phase systems in terms of real-time
communication, voltage control, and frequency regulation.
These features are
crucial for maintaining grid stability as the share of renewable energy in the
total power mix grows. Moreover, the ongoing trend toward electrification of
industries and the rising need for uninterrupted, high-capacity power supply in
manufacturing facilities, data centers, and commercial complexes are fueling
the adoption of three-phase inverters. Manufacturers are also developing
compact and more efficient three-phase inverter solutions that are easier to
install and maintain, making them even more attractive to project developers
and energy investors. Given these technological, economic, and regulatory
drivers, the three-phase segment is well-positioned to sustain its dominant
market share in the Renewable Energy Inverters Market over the coming years.
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Regional Insights
Largest Region
In 2024, the Asia-Pacific region dominated the
global Renewable Energy Inverters Market and is expected to maintain its
dominance throughout the forecast period. This regional leadership is primarily
driven by the significant investments in renewable energy infrastructure across
major economies such as China, India, Japan, South Korea, and Australia. Among
these, China stands out as the largest producer and consumer of solar energy,
accounting for a substantial share of global photovoltaic installations. The
government of China has aggressively pursued clean energy goals under its
long-term decarbonization strategy, supporting the rapid deployment of solar
farms and wind projects.
These initiatives have directly contributed to
increased demand for renewable energy inverters, particularly high-capacity
three-phase and smart inverter systems for utility-scale applications.
Similarly, India has emerged as a key market with its ambitious solar targets
under the National Solar Mission and continued development of large-scale solar
parks and rooftop systems. The Indian renewable energy sector has attracted
strong domestic and international investments, stimulating demand for both
string and central inverter technologies. Japan and South Korea are also
witnessing a steady increase in renewable energy adoption due to policy
support, grid modernization efforts, and corporate sustainability commitments.
Moreover, the Asia-Pacific region benefits from a
strong manufacturing ecosystem, with several leading inverter manufacturers
based in China and other neighboring countries, which ensures competitive
pricing and efficient supply chains. The availability of low-cost components,
combined with favorable government incentives, further fuels the market’s
expansion across both urban and rural areas.
Additionally, rising electricity demand, ongoing
electrification efforts, and increasing environmental awareness are encouraging
commercial and residential users to adopt renewable energy solutions. As
infrastructure improves and grid integration standards evolve, the Asia-Pacific
region is expected to continue leading the Renewable Energy Inverters Market,
supported by a robust combination of policy, production capacity, and long-term
strategic focus on clean energy development.
Emerging Region
In the forecast period, the Middle East and Africa
region is emerging as a significant growth area in the global Renewable Energy
Inverters Market, driven by increasing investments in solar and wind energy
projects, policy reforms, and the urgent need for energy diversification.
Several countries in this region, including the United Arab Emirates, Saudi
Arabia, Egypt, Morocco, and South Africa, are actively pursuing large-scale
renewable energy initiatives to reduce dependency on fossil fuels and address
long-term energy security concerns. For instance, Saudi Arabia's Vision 2030
and the United Arab Emirates’ Energy Strategy 2050 both emphasize substantial
increases in the share of renewable energy in the total energy mix, which is
directly fueling demand for advanced inverter technologies capable of handling
utility-scale installations.
Simultaneously, countries like Egypt and Morocco
are leveraging international funding and private sector participation to
develop high-capacity solar and wind farms, further strengthening the market
potential for renewable energy inverters in the region. Moreover, a growing
off-grid population in sub-Saharan Africa presents opportunities for
decentralized renewable energy solutions such as solar home systems and
mini-grids, where inverters play a critical role in ensuring power availability
and quality. Governments and international development organizations are
increasingly supporting these initiatives through subsidies, low-interest
financing, and technical assistance, thus accelerating market growth.
As grid modernization efforts gain momentum and
regulatory frameworks evolve to support renewable energy integration, there is
also an increasing demand for smart inverters that can offer grid-support
functionalities, especially in regions with weak or unstable power
infrastructure. Local and international inverter manufacturers are beginning to
tap into this potential by forming partnerships, establishing local assembly
units, and offering customized solutions suited for harsh climatic and
logistical conditions. As a result, the Middle East and Africa region is
expected to emerge as one of the fastest-growing regions in the Renewable
Energy Inverters Market during the forecast period.
Recent Developments
- In May 2025, U.S. energy regulators discovered
undocumented communication devices—such as hidden cellular radios—in solar
power inverters manufactured in China, raising alarm about potential remote
manipulation and grid destabilization . Investigations and potential
legislative action are underway to limit or ban Chinese inverter technology in
critical grid applications. Similar scrutiny is emerging in Europe and
Australia, prompting a re-evaluation of dependency on Chinese components for
national energy security.
- In June 2024, Gamesa Electric secured a contract to
deliver 245 MW of utility‑scale
Proteus inverters to Repsol in Spain, with each unit providing up to 9.4 MVA
output and efficiency exceeding 99% . GE Vernova also launched a 2,000 V, 6 MVA
utility inverter for North America—offering a 30 percent power increase and
99.4 percent efficiency, expected online by Q1 2025.
- July 2024 (South Africa): Launched the 150K series
(SUN2000‑150K‑MGO and
SUN5000‑150K‑MGO)
inverters, boasting 98.8 percent peak efficiency, grid-friendly design, active
safety, and >99.999 percent availability—financed by local buyers bolstering
Africa’s high-quality solar rollout
- October 2024 (Philippines): Huawei Digital Power
Philippines introduced its 150 KTL Smart String Inverter for commercial and
industrial (C&I) use, featuring enhanced efficiency, safety, and backup
power capabilities for malls, factories, and offices
Key
Market Players
- Huawei Technologies Co., Ltd.
- Sungrow Power Supply Co., Ltd.
- SMA Solar Technology AG
- FIMER S.p.A.
- Power Electronics S.L.
- ABB Ltd.
- Enphase Energy, Inc.
- SolarEdge Technologies Inc.
- Delta Electronics, Inc.
- Ginlong Technologies (Solis)
By Type
|
By Phase
|
By Application
|
By Region
|
- String Inverters
- Central Inverters
- Microinverters
- Hybrid Inverters
|
|
- Residential
- Commercial
& Industrial
- Utility-Scale
|
- North
America
- Europe
- South America
- Middle East
& Africa
- Asia Pacific
|
Report Scope:
In this report, the Global Renewable Energy
Inverters Market has been segmented into the following categories, in addition
to the industry trends which have also been detailed below:
- Renewable Energy Inverters Market, By
Type:
o String Inverters
o Central Inverters
o Microinverters
o Hybrid Inverters
- Renewable Energy Inverters
Market, By Phase:
o Single Phase
o Three Phase
- Renewable Energy Inverters
Market, By Application:
o Residential
o Commercial & Industrial
o Utility-Scale
- Renewable Energy Inverters
Market, By Region:
o North America
§
United
States
§
Canada
§
Mexico
o Europe
§
Germany
§
France
§
United
Kingdom
§
Italy
§
Spain
o South America
§
Brazil
§
Argentina
§
Colombia
o Asia-Pacific
§
China
§
India
§
Japan
§
South
Korea
§
Australia
o Middle East & Africa
§
Saudi
Arabia
§
UAE
§
South
Africa
Competitive Landscape
Company Profiles: Detailed analysis of the major companies
present in the Global Renewable Energy Inverters Market.
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Global Renewable Energy Inverters Market report
with the given market data, TechSci Research offers customizations according
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Company Information
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