Global Household Grid-Connected Inverter Market Growth 2024-2030

Global Household Grid-Connected Inverter Market Growth 2024-2030

A household grid-connected inverter is a device used to convert direct current (DC) generated in a residence (such as from solar photovoltaic panels) into alternating current and directly feed it into the grid. It is a key component in a household photovoltaic power generation system, ensuring that the electricity generated by the sun can be used by household appliances or sold back to the grid. The main function of a household grid-connected inverter is to convert the direct current (DC) generated by photovoltaic power generation into alternating current (AC) that matches the voltage and frequency of the grid. They continuously monitor the voltage and frequency of the grid to ensure that the output current can be synchronized with the grid.

The global Household Grid-Connected Inverter market size is projected to grow from US$ 636 million in 2024 to US$ 1134 million in 2030; it is expected to grow at a CAGR of 10.1% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Household Grid-Connected Inverter Industry Forecast” looks at past sales and reviews total world Household Grid-Connected Inverter sales in 2023, providing a comprehensive analysis by region and market sector of projected Household Grid-Connected Inverter sales for 2024 through 2030. With Household Grid-Connected Inverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Household Grid-Connected Inverter industry.

This Insight Report provides a comprehensive analysis of the global Household Grid-Connected Inverter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Household Grid-Connected Inverter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Household Grid-Connected Inverter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Household Grid-Connected Inverter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Household Grid-Connected Inverter.

United States market for Household Grid-Connected Inverter is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Household Grid-Connected Inverter is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Household Grid-Connected Inverter is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Household Grid-Connected Inverter players cover Huawei Technologies, General Electric, Power Electronics, SMA Solar Technology, Pyramid Electronics, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Household Grid-Connected Inverter market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Single-Phase Inverter
Three-Phase Inverter

Segmentation by Application:
Indoor
Outdoor

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Huawei Technologies
General Electric
Power Electronics
SMA Solar Technology
Pyramid Electronics
FIMER
Growatt NewEnergy
TBEA Sunoasis
SolarEdge Technologres
Goodwe
Schneider Electric
Enphase Energy
Sungrow Power Supply
Delta Electronics
SensataTechnologies
TMEIC
Kaco New Energy
Sanjing Electric
Ningbo Deye Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Household Grid-Connected Inverter market?

What factors are driving Household Grid-Connected Inverter market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Household Grid-Connected Inverter market opportunities vary by end market size?

How does Household Grid-Connected Inverter break out by Type, by Application?



Please note: The report will take approximately 2 business days to prepare and deliver.