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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
Last Updated : Mar 11, 2024
Author : Straits Research
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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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                                                                                                                                              The global string inverter market size was valued at USD 3.50 billion in 2022 and is estimated to reach USD 6.02 billion by 2031, with a CAGR of 6.2 % during the forecast period (2023–2031). A string inverter is a syst
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