Global Industrial and Commercial Grid-Connected Inverter Market Growth 2024-2030

Global Industrial and Commercial Grid-Connected Inverter Market Growth 2024-2030

Industrial and commercial grid-connected inverters are devices used to convert the direct current (DC) generated by solar photovoltaic power generation systems into alternating current (AC) and connect it to the power grid. Compared with household grid-connected inverters, industrial and commercial grid-connected inverters usually have higher power, stronger reliability, and more complex functions to meet larger-scale and more demanding application environments. The basic working principle of industrial and commercial grid-connected inverters is the same as that of household grid-connected inverters, that is, converting the direct current (DC) generated by photovoltaic modules into alternating current (AC) and outputting it to the power grid. However, due to the larger scale of industrial and commercial applications, such inverters usually have higher voltage and power handling capabilities and can support more complex grid access requirements.

The global Industrial and Commercial Grid-Connected Inverter market size is projected to grow from US$ 255 million in 2024 to US$ 463 million in 2030; it is expected to grow at a CAGR of 10.5% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Industrial and Commercial Grid-Connected Inverter Industry Forecast” looks at past sales and reviews total world Industrial and Commercial Grid-Connected Inverter sales in 2023, providing a comprehensive analysis by region and market sector of projected Industrial and Commercial Grid-Connected Inverter sales for 2024 through 2030. With Industrial and Commercial 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 Industrial and Commercial Grid-Connected Inverter industry.

This Insight Report provides a comprehensive analysis of the global Industrial and Commercial 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 Industrial and Commercial 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 Industrial and Commercial Grid-Connected Inverter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial and Commercial 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 Industrial and Commercial Grid-Connected Inverter.

United States market for Industrial and Commercial 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 Industrial and Commercial 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 Industrial and Commercial 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 Industrial and Commercial 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 Industrial and Commercial 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:
Industrial
Commercial

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
Fronius

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial and Commercial Grid-Connected Inverter market?

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

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

How do Industrial and Commercial Grid-Connected Inverter market opportunities vary by end market size?

How does Industrial and Commercial Grid-Connected Inverter break out by Type, by Application?



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