Report cover image

Inverter Market by Inverter Type (Solar Inverter, UPS & Battery Inverter, Vehicle Inverter), Output Power Rating (10–50 kW, 50–100 kW, Above 100 kW), Connection Type, Output Voltage, End-Use - Global Forecast 2024-2030

Publisher 360iResearch
Published Jan 15, 2024
Length 181 Pages
SKU # IRE18445212

Description

Inverter Market by Inverter Type (Solar Inverter, UPS & Battery Inverter, Vehicle Inverter), Output Power Rating (10–50 kW, 50–100 kW, Above 100 kW), Connection Type, Output Voltage, End-Use - Global Forecast 2024-2030


The Inverter Market size was estimated at USD 16.78 billion in 2023 and expected to reach USD 17.62 billion in 2024, at a CAGR 5.09% to reach USD 23.76 billion by 2030.

Global Inverter Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Inverter Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Inverter Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Inverter Market, highlighting leading vendors and their innovative profiles. These include Altenergy Power System Inc., Continental AG, Darfon Electronics Corporation, Delta Electronics, Inc., Enphase Energy, Inc., Fimer S.p.A., Fronius International GmbH, General Electric Company, Ginlong Technologies Co., Ltd., Growatt New Energy Technology CO., Ltd, Huawei Technologies Co., Ltd., Mitsubishi Electric Corporation, Omron Corporation, Power Electronics S.L., Samlex America Inc., Schneider Electric SE, Sensata Technologies, Inc., Siemens AG, SMA Solar Technology AG, SolarEdge Technologies, Sungrow Power Supply Co., Ltd., TBEA Xinjiang SunOasis, TMEIC, and Yaskawa Solectria Solar.

Market Segmentation & Coverage

This research report categorizes the Inverter Market to forecast the revenues and analyze trends in each of the following sub-markets:

Inverter Type
Solar Inverter

UPS & Battery Inverter

Vehicle Inverter

Output Power Rating
10–50 kW

50–100 kW

Above 100 kW

Below 10 kW

Connection Type
Grid-Tied

Standalone

Output Voltage
100–300 V

300–500 V

Above 500 V

End-Use
Automotive

Commercial

Industrial

Photovoltaic Plants

Residential

Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam

Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Inverter Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Inverter Market?
3. What are the technology trends and regulatory frameworks in the Inverter Market?
4. What is the market share of the leading vendors in the Inverter Market?
5. Which modes and strategic moves are suitable for entering the Inverter Market?

Note: PDF & Excel + Online Access - 1 Year

Table of Contents

181 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Inverter Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising population and increasing demand for energy
5.1.1.2. Increasing digitalization and mechanization of industries
5.1.1.3. Rapid penetration of electric vehicles
5.1.2. Restraints
5.1.2.1. High overall cost during useful life
5.1.3. Opportunities
5.1.3.1. High investments in renewable energy sector
5.1.3.2. Advancements in inverter technology
5.1.4. Challenges
5.1.4.1. Limitation in backup capacity
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Inverter Market, by Inverter Type
6.1. Introduction
6.2. Solar Inverter
6.3. UPS & Battery Inverter
6.4. Vehicle Inverter
7. Inverter Market, by Output Power Rating
7.1. Introduction
7.2. 10–50 kW
7.3. 50–100 kW
7.4. Above 100 kW
7.5. Below 10 kW
8. Inverter Market, by Connection Type
8.1. Introduction
8.2. Grid-Tied
8.3. Standalone
9. Inverter Market, by Output Voltage
9.1. Introduction
9.2. 100–300 V
9.3. 300–500 V
9.4. Above 500 V
10. Inverter Market, by End-Use
10.1. Introduction
10.2. Automotive
10.3. Commercial
10.4. Industrial
10.5. Photovoltaic Plants
10.6. Residential
11. Americas Inverter Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Inverter Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.
10. South Korea
12.
11. Taiwan
12.
12. Thailand
12.
13. Vietnam
13. Europe, Middle East & Africa Inverter Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.
10. Nigeria
13.
11. Norway
13.
12. Poland
13.
13. Qatar
13.
14. Russia
13.
15. Saudi Arabia
13.
16. South Africa
13.
17. Spain
13.
18. Sweden
13.
19. Switzerland
13.
20. Turkey
13.
21. United Arab Emirates
13.
22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. Altenergy Power System Inc.
15.1.2. Continental AG
15.1.3. Darfon Electronics Corporation
15.1.4. Delta Electronics, Inc.
15.1.5. Enphase Energy, Inc.
15.1.6. Fimer S.p.A.
15.1.7. Fronius International GmbH
15.1.8. General Electric Company
15.1.9. Ginlong Technologies Co., Ltd.
15.1.
10. Growatt New Energy Technology CO., Ltd
15.1.
11. Huawei Technologies Co., Ltd.
15.1.
12. Mitsubishi Electric Corporation
15.1.
13. Omron Corporation
15.1.
14. Power Electronics S.L.
15.1.
15. Samlex America Inc.
15.1.
16. Schneider Electric SE
15.1.
17. Sensata Technologies, Inc.
15.1.
18. Siemens AG
15.1.
19. SMA Solar Technology AG
15.1.
20. SolarEdge Technologies
15.1.
21. Sungrow Power Supply Co., Ltd.
15.1.
22. TBEA Xinjiang SunOasis
15.1.
23. TMEIC
15.1.
24. Yaskawa Solectria Solar
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing
FIGURE 1. INVERTER MARKET RESEARCH PROCESS
FIGURE 2. INVERTER MARKET SIZE, 2023 VS 2030
FIGURE 3. INVERTER MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. INVERTER MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. INVERTER MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. INVERTER MARKET DYNAMICS
FIGURE 7. INVERTER MARKET SIZE, BY INVERTER TYPE, 2023 VS 2030 (%)
FIGURE 8. INVERTER MARKET SIZE, BY INVERTER TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. INVERTER MARKET SIZE, BY OUTPUT POWER RATING, 2023 VS 2030 (%)
FIGURE 10. INVERTER MARKET SIZE, BY OUTPUT POWER RATING, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. INVERTER MARKET SIZE, BY CONNECTION TYPE, 2023 VS 2030 (%)
FIGURE 12. INVERTER MARKET SIZE, BY CONNECTION TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. INVERTER MARKET SIZE, BY OUTPUT VOLTAGE, 2023 VS 2030 (%)
FIGURE 14. INVERTER MARKET SIZE, BY OUTPUT VOLTAGE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. INVERTER MARKET SIZE, BY END-USE, 2023 VS 2030 (%)
FIGURE 16. INVERTER MARKET SIZE, BY END-USE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. AMERICAS INVERTER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. AMERICAS INVERTER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. UNITED STATES INVERTER MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 20. UNITED STATES INVERTER MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. ASIA-PACIFIC INVERTER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. ASIA-PACIFIC INVERTER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. EUROPE, MIDDLE EAST & AFRICA INVERTER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 24. EUROPE, MIDDLE EAST & AFRICA INVERTER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. INVERTER MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 26. INVERTER MARKET SHARE, BY KEY PLAYER, 2023

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us