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Home Energy And Power PV Inverter Market Size, Share, Growth, Forecast to 2030

PV Inverter Market

PV Inverter Market Size, Share & Trends Analysis Report By Product (Central inverters , String inverters , Micro-PV inverters, Others), By End-User (Residential, Commercial and Industrial, Utility) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2022-2030

Report Code: SREP1688DR
Study Period 2018-2030 CAGR 5.85%
Historical Period 2018-2020 Forecast Period 2022-2030
Base Year 2021 Base Year Market Size USD 9,708 million
Forecast Year 2030 Forecast Year Market Size USD 16,194 million
Largest Market Asia Pacific Fastest Growing Market North America
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Market Segmentation

  1. PV Inverter Market, By Product (2020-2030)
    1. Central inverters 
    2. String inverters 
    3. Micro-PV inverters
    4. Others
  2. PV Inverter Market, By End-User (2020-2030)
    1. Residential
    2. Commercial and Industrial
    3. Utility
    1. North America
      1. North America PV Inverter Market, By Product
        1. Central inverters 
          1. String inverters 
            1. Micro-PV inverters
              1. Others
              2. North America PV Inverter Market, By End-User
                1. Residential
                  1. Commercial and Industrial
                    1. Utility
                    2. U.S.
                      1. U.S. PV Inverter Market, By Product
                        1. Central inverters 
                          1. String inverters 
                            1. Micro-PV inverters
                              1. Others
                              2. U.S. PV Inverter Market, By End-User
                                1. Residential
                                  1. Commercial and Industrial
                                    1. Utility
                                  2. Canada
                                2. Europe
                                  1. Europe PV Inverter Market, By Product
                                    1. Central inverters 
                                      1. String inverters 
                                        1. Micro-PV inverters
                                          1. Others
                                          2. Europe PV Inverter Market, By End-User
                                            1. Residential
                                              1. Commercial and Industrial
                                                1. Utility
                                                2. U.K.
                                                  1. U.K. PV Inverter Market, By Product
                                                    1. Central inverters 
                                                      1. String inverters 
                                                        1. Micro-PV inverters
                                                          1. Others
                                                          2. U.K. PV Inverter Market, By End-User
                                                            1. Residential
                                                              1. Commercial and Industrial
                                                                1. Utility
                                                              2. Germany
                                                              3. France
                                                              4. Spain
                                                              5. Italy
                                                              6. Russia
                                                              7. Nordic
                                                              8. Benelux
                                                              9. Rest of Europe
                                                            2. APAC
                                                              1. APAC PV Inverter Market, By Product
                                                                1. Central inverters 
                                                                  1. String inverters 
                                                                    1. Micro-PV inverters
                                                                      1. Others
                                                                      2. APAC PV Inverter Market, By End-User
                                                                        1. Residential
                                                                          1. Commercial and Industrial
                                                                            1. Utility
                                                                            2. China
                                                                              1. China PV Inverter Market, By Product
                                                                                1. Central inverters 
                                                                                  1. String inverters 
                                                                                    1. Micro-PV inverters
                                                                                      1. Others
                                                                                      2. China PV Inverter Market, By End-User
                                                                                        1. Residential
                                                                                          1. Commercial and Industrial
                                                                                            1. Utility
                                                                                          2. Korea
                                                                                          3. Japan
                                                                                          4. India
                                                                                          5. Australia
                                                                                          6. Taiwan
                                                                                          7. South East Asia
                                                                                          8. Rest of Asia-Pacific
                                                                                        2. Middle East and Africa
                                                                                          1. Middle East and Africa PV Inverter Market, By Product
                                                                                            1. Central inverters 
                                                                                              1. String inverters 
                                                                                                1. Micro-PV inverters
                                                                                                  1. Others
                                                                                                  2. Middle East and Africa PV Inverter Market, By End-User
                                                                                                    1. Residential
                                                                                                      1. Commercial and Industrial
                                                                                                        1. Utility
                                                                                                        2. UAE
                                                                                                          1. UAE PV Inverter Market, By Product
                                                                                                            1. Central inverters 
                                                                                                              1. String inverters 
                                                                                                                1. Micro-PV inverters
                                                                                                                  1. Others
                                                                                                                  2. UAE PV Inverter Market, By End-User
                                                                                                                    1. Residential
                                                                                                                      1. Commercial and Industrial
                                                                                                                        1. Utility
                                                                                                                      2. Turkey
                                                                                                                      3. Saudi Arabia
                                                                                                                      4. South Africa
                                                                                                                      5. Egypt
                                                                                                                      6. Nigeria
                                                                                                                      7. Rest of MEA
                                                                                                                    2. LATAM
                                                                                                                      1. LATAM PV Inverter Market, By Product
                                                                                                                        1. Central inverters 
                                                                                                                          1. String inverters 
                                                                                                                            1. Micro-PV inverters
                                                                                                                              1. Others
                                                                                                                              2. LATAM PV Inverter Market, By End-User
                                                                                                                                1. Residential
                                                                                                                                  1. Commercial and Industrial
                                                                                                                                    1. Utility
                                                                                                                                    2. Brazil
                                                                                                                                      1. Brazil PV Inverter Market, By Product
                                                                                                                                        1. Central inverters 
                                                                                                                                          1. String inverters 
                                                                                                                                            1. Micro-PV inverters
                                                                                                                                              1. Others
                                                                                                                                              2. Brazil PV Inverter Market, By End-User
                                                                                                                                                1. Residential
                                                                                                                                                  1. Commercial and Industrial
                                                                                                                                                    1. Utility
                                                                                                                                                  2. Mexico
                                                                                                                                                  3. Argentina
                                                                                                                                                  4. Chile
                                                                                                                                                  5. Colombia
                                                                                                                                                  6. Rest of LATAM

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