Report cover image

Global PV Inverter Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Aug 02, 2025
Length 163 Pages
SKU # BOSS20299209

Description

Report Overview

PV inverters are critical components in solar energy systems, converting the direct current (DC) generated by photovoltaic (PV) panels into alternating current (AC) for grid compatibility or on-site consumption. These devices vary in type, including string inverters, microinverters, and central inverters, each suited for different applications—residential, commercial, or utility-scale solar installations. The market for PV inverters is driven by the global shift toward renewable energy, declining solar panel costs, and supportive government policies promoting solar adoption. Technological advancements, such as smart inverters with grid-support functions, energy storage integration, and enhanced efficiency, further fuel demand. Key players include Huawei, Sungrow, SMA Solar Technology, and SolarEdge, with competition intensifying due to innovation and cost optimization. Regional growth is strongest in Asia-Pacific (led by China and India), North America, and Europe, where solar capacity expansion is robust. However, challenges like supply chain disruptions, fluctuating raw material costs, and regulatory uncertainties could impact market dynamics. The increasing focus on hybrid inverters, compatibility with battery storage systems, and digital monitoring solutions is shaping the future of this high-growth sector.

The global PV Inverter market size was estimated at USD 8066.87 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 11.50% during the forecast period.

This report provides a deep insight into the global PV Inverter market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global PV Inverter Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the PV Inverter market in any manner.

Global PV Inverter Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

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

Market Segmentation (by Type)

String Inverter

Central Inverter

Microinverters

Market Segmentation (by Application)

Residential

Business

Public Utilities

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the PV Inverter Market

Overview of the regional outlook of the PV Inverter Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the PV Inverter Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of PV Inverter, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

163 Pages
1 Research Methodology And Statistical Scope
1.1 Market Definition And Statistical Scope Of Pv Inverter
1.2 Key Market Segments
1.2.1 Pv Inverter Segment By Type
1.2.2 Pv Inverter Segment By Application
1.3 Methodology & Sources Of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown And Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Pv Inverter Market Overview
2.1 Global Market Overview
2.1.1 Global Pv Inverter Market Size (M Usd) Estimates And Forecasts (2020-2033)
2.1.2 Global Pv Inverter Sales Estimates And Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size By Region
3 Pv Inverter Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Pv Inverter Product Life Cycle
3.3 Global Pv Inverter Sales By Manufacturers (2020-2025)
3.4 Global Pv Inverter Revenue Market Share By Manufacturers (2020-2025)
3.5 Pv Inverter Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
3.6 Global Pv Inverter Average Price By Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
3.8 Pv Inverter Market Competitive Situation And Trends
3.8.1 Pv Inverter Market Concentration Rate
3.8.2 Global 5 And 10 Largest Pv Inverter Players Market Share By Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Pv Inverter Industry Chain Analysis
4.1 Pv Inverter Industry Chain Analysis
4.2 Market Overview Of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development And Dynamics Of Pv Inverter Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 Pest Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Pv Inverter Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions And Their Impacts To Pv Inverter Market
5.7 Esg Ratings Of Leading Companies
6 Pv Inverter Market Segmentation By Type
6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
6.2 Global Pv Inverter Sales Market Share By Type (2020-2025)
6.3 Global Pv Inverter Market Size Market Share By Type (2020-2025)
6.4 Global Pv Inverter Price By Type (2020-2025)
7 Pv Inverter Market Segmentation By Application
7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
7.2 Global Pv Inverter Market Sales By Application (2020-2025)
7.3 Global Pv Inverter Market Size (M Usd) By Application (2020-2025)
7.4 Global Pv Inverter Sales Growth Rate By Application (2020-2025)
8 Pv Inverter Market Sales By Region
8.1 Global Pv Inverter Sales By Region
8.1.1 Global Pv Inverter Sales By Region
8.1.2 Global Pv Inverter Sales Market Share By Region
8.2 Global Pv Inverter Market Size By Region
8.2.1 Global Pv Inverter Market Size By Region
8.2.2 Global Pv Inverter Market Size Market Share By Region
8.3 North America
8.3.1 North America Pv Inverter Sales By Country
8.3.2 North America Pv Inverter Market Size By Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Pv Inverter Sales By Country
8.4.2 Europe Pv Inverter Market Size By Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Pv Inverter Sales By Region
8.5.2 Asia Pacific Pv Inverter Market Size By Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Pv Inverter Sales By Country
8.6.2 South America Pv Inverter Market Size By Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East And Africa
8.7.1 Middle East And Africa Pv Inverter Sales By Region
8.7.2 Middle East And Africa Pv Inverter Market Size By Region
8.7.3 Saudi Arabia Market Overview
8.7.4 Uae Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Pv Inverter Market Production By Region
9.1 Global Production Of Pv Inverter By Region(2020-2025)
9.2 Global Pv Inverter Revenue Market Share By Region (2020-2025)
9.3 Global Pv Inverter Production, Revenue, Price And Gross Margin (2020-2025)
9.4 North America Pv Inverter Production
9.4.1 North America Pv Inverter Production Growth Rate (2020-2025)
9.4.2 North America Pv Inverter Production, Revenue, Price And Gross Margin (2020-2025)
9.5 Europe Pv Inverter Production
9.5.1 Europe Pv Inverter Production Growth Rate (2020-2025)
9.5.2 Europe Pv Inverter Production, Revenue, Price And Gross Margin (2020-2025)
9.6 Japan Pv Inverter Production (2020-2025)
9.6.1 Japan Pv Inverter Production Growth Rate (2020-2025)
9.6.2 Japan Pv Inverter Production, Revenue, Price And Gross Margin (2020-2025)
9.7 China Pv Inverter Production (2020-2025)
9.7.1 China Pv Inverter Production Growth Rate (2020-2025)
9.7.2 China Pv Inverter Production, Revenue, Price And Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Huawei
10.1.1 Huawei Basic Information
10.1.2 Huawei Pv Inverter Product Overview
10.1.3 Huawei Pv Inverter Product Market Performance
10.1.4 Huawei Business Overview
10.1.5 Huawei Swot Analysis
10.1.6 Huawei Recent Developments
10.2 Sungrow Power
10.2.1 Sungrow Power Basic Information
10.2.2 Sungrow Power Pv Inverter Product Overview
10.2.3 Sungrow Power Pv Inverter Product Market Performance
10.2.4 Sungrow Power Business Overview
10.2.5 Sungrow Power Swot Analysis
10.2.6 Sungrow Power Recent Developments
10.3 Sma
10.3.1 Sma Basic Information
10.3.2 Sma Pv Inverter Product Overview
10.3.3 Sma Pv Inverter Product Market Performance
10.3.4 Sma Business Overview
10.3.5 Sma Swot Analysis
10.3.6 Sma Recent Developments
10.4 Power Electronics
10.4.1 Power Electronics Basic Information
10.4.2 Power Electronics Pv Inverter Product Overview
10.4.3 Power Electronics Pv Inverter Product Market Performance
10.4.4 Power Electronics Business Overview
10.4.5 Power Electronics Recent Developments
10.5 Fimer
10.5.1 Fimer Basic Information
10.5.2 Fimer Pv Inverter Product Overview
10.5.3 Fimer Pv Inverter Product Market Performance
10.5.4 Fimer Business Overview
10.5.5 Fimer Recent Developments
10.6 Sineng
10.6.1 Sineng Basic Information
10.6.2 Sineng Pv Inverter Product Overview
10.6.3 Sineng Pv Inverter Product Market Performance
10.6.4 Sineng Business Overview
10.6.5 Sineng Recent Developments
10.7 Goodwe
10.7.1 Goodwe Basic Information
10.7.2 Goodwe Pv Inverter Product Overview
10.7.3 Goodwe Pv Inverter Product Market Performance
10.7.4 Goodwe Business Overview
10.7.5 Goodwe Recent Developments
10.8 Solaredge Technologies
10.8.1 Solaredge Technologies Basic Information
10.8.2 Solaredge Technologies Pv Inverter Product Overview
10.8.3 Solaredge Technologies Pv Inverter Product Market Performance
10.8.4 Solaredge Technologies Business Overview
10.8.5 Solaredge Technologies Recent Developments
10.9 Ingeteam
10.9.1 Ingeteam Basic Information
10.9.2 Ingeteam Pv Inverter Product Overview
10.9.3 Ingeteam Pv Inverter Product Market Performance
10.9.4 Ingeteam Business Overview
10.9.5 Ingeteam Recent Developments
10.10 Tbea
10.10.1 Tbea Basic Information
10.10.2 Tbea Pv Inverter Product Overview
10.10.3 Tbea Pv Inverter Product Market Performance
10.10.4 Tbea Business Overview
10.10.5 Tbea Recent Developments
10.11 Kstar
10.11.1 Kstar Basic Information
10.11.2 Kstar Pv Inverter Product Overview
10.11.3 Kstar Pv Inverter Product Market Performance
10.11.4 Kstar Business Overview
10.11.5 Kstar Recent Developments
10.12 Growatt
10.12.1 Growatt Basic Information
10.12.2 Growatt Pv Inverter Product Overview
10.12.3 Growatt Pv Inverter Product Market Performance
10.12.4 Growatt Business Overview
10.12.5 Growatt Recent Developments
10.13 Siemens (Kaco)
10.13.1 Siemens (Kaco) Basic Information
10.13.2 Siemens (Kaco) Pv Inverter Product Overview
10.13.3 Siemens (Kaco) Pv Inverter Product Market Performance
10.13.4 Siemens (Kaco) Business Overview
10.13.5 Siemens (Kaco) Recent Developments
10.14 Delta Energy Systems
10.14.1 Delta Energy Systems Basic Information
10.14.2 Delta Energy Systems Pv Inverter Product Overview
10.14.3 Delta Energy Systems Pv Inverter Product Market Performance
10.14.4 Delta Energy Systems Business Overview
10.14.5 Delta Energy Systems Recent Developments
10.15 Ginlong
10.15.1 Ginlong Basic Information
10.15.2 Ginlong Pv Inverter Product Overview
10.15.3 Ginlong Pv Inverter Product Market Performance
10.15.4 Ginlong Business Overview
10.15.5 Ginlong Recent Developments
10.16 Fronius
10.16.1 Fronius Basic Information
10.16.2 Fronius Pv Inverter Product Overview
10.16.3 Fronius Pv Inverter Product Market Performance
10.16.4 Fronius Business Overview
10.16.5 Fronius Recent Developments
10.17 Schneider Electric
10.17.1 Schneider Electric Basic Information
10.17.2 Schneider Electric Pv Inverter Product Overview
10.17.3 Schneider Electric Pv Inverter Product Market Performance
10.17.4 Schneider Electric Business Overview
10.17.5 Schneider Electric Recent Developments
10.18 Sofarsolar
10.18.1 Sofarsolar Basic Information
10.18.2 Sofarsolar Pv Inverter Product Overview
10.18.3 Sofarsolar Pv Inverter Product Market Performance
10.18.4 Sofarsolar Business Overview
10.18.5 Sofarsolar Recent Developments
10.19 Darfon Electronics
10.19.1 Darfon Electronics Basic Information
10.19.2 Darfon Electronics Pv Inverter Product Overview
10.19.3 Darfon Electronics Pv Inverter Product Market Performance
10.19.4 Darfon Electronics Business Overview
10.19.5 Darfon Electronics Recent Developments
10.20 Powerone Micro System
10.20.1 Powerone Micro System Basic Information
10.20.2 Powerone Micro System Pv Inverter Product Overview
10.20.3 Powerone Micro System Pv Inverter Product Market Performance
10.20.4 Powerone Micro System Business Overview
10.20.5 Powerone Micro System Recent Developments
11 Pv Inverter Market Forecast By Region
11.1 Global Pv Inverter Market Size Forecast
11.2 Global Pv Inverter Market Forecast By Region
11.2.1 North America Market Size Forecast By Country
11.2.2 Europe Pv Inverter Market Size Forecast By Country
11.2.3 Asia Pacific Pv Inverter Market Size Forecast By Region
11.2.4 South America Pv Inverter Market Size Forecast By Country
11.2.5 Middle East And Africa Forecasted Sales Of Pv Inverter By Country
12 Forecast Market By Type And By Application (2026-2033)
12.1 Global Pv Inverter Market Forecast By Type (2026-2033)
12.1.1 Global Forecasted Sales Of Pv Inverter By Type (2026-2033)
12.1.2 Global Pv Inverter Market Size Forecast By Type (2026-2033)
12.1.3 Global Forecasted Price Of Pv Inverter By Type (2026-2033)
12.2 Global Pv Inverter Market Forecast By Application (2026-2033)
12.2.1 Global Pv Inverter Sales (K Units) Forecast By Application
12.2.2 Global Pv Inverter Market Size (M Usd) Forecast By Application (2026-2033)
13 Conclusion And Key Findings
How Do Licenses Work?
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.