Grid-tied Solar Inverter Market 2022: Industry Size, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2028
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This report aims to provide a comprehensive presentation of the global market for Grid-tied Solar Inverter study by Market Intellix gives insights concerning the market elements influencing the market, Market scope, Market division, and overlays shadow upon the leading market players featuring the positive cutthroat scene and patterns beating the years.
Global Grid-tied Solar Inverter Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Grid-tied Solar Inverter Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Grid-tied Solar Inverter companies in 2021 (%)
The global Grid-tied Solar Inverter market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Single Phase Inverter Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Grid-tied Solar Inverter include SMA, KACO, Eaton, Exeltech, Magnum Energy, FIMER, Growatt New Energy, GoodWe and Huawei Technologies, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
The study provides the Grid-tied Solar Inverter manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Segmental Outline:
Global Grid-tied Solar Inverter Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Grid-tied Solar Inverter Market Segment Percentages, by Type, 2021 (%)
Single Phase Inverter
Three Phase Inverter
Other
Global Grid-tied Solar Inverter Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Grid-tied Solar Inverter Market Segment Percentages, by Application, 2021 (%)
Residential
Commercial
Industry
Other
Global Grid-tied Solar Inverter Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Grid-tied Solar Inverter Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Grid-tied Solar Inverter revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Grid-tied Solar Inverter revenues share in global market, 2021 (%)
Key companies Grid-tied Solar Inverter sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Grid-tied Solar Inverter sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
SMA
KACO
Eaton
Exeltech
Magnum Energy
FIMER
Growatt New Energy
GoodWe
Huawei Technologies
ZCS Azzurro
OutBack Power
Solectria
AIMS Power
Kostal Solar
Delta Energy Systems
Ginlong Solis
Steca
This Report Addresses:
– Market Intelligence enables effective decision-making
– Market estimates and forecasts from 2022 to 2028
– Growth opportunities and trend analysis
– Segment and regional revenue forecast for market evaluation
– Competitive strategy and analysis of market segments
– List of product innovations to stay on top.
– The impact of COVID-19 and how to survive in these fast-growing markets.
1 Introduction to Research & Analysis Reports
1.1 Grid-tied Solar Inverter Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Grid-tied Solar Inverter Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Grid-tied Solar Inverter Overall Market Size
2.1 Global Grid-tied Solar Inverter Market Size: 2021 VS 2028
2.2 Global Grid-tied Solar Inverter Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Grid-tied Solar Inverter Sales: 2017-2028
3 Company Landscape
3.1 Top Grid-tied Solar Inverter Players in Global Market
3.2 Top Global Grid-tied Solar Inverter Companies Ranked by Revenue
3.3 Global Grid-tied Solar Inverter Revenue by Companies
3.4 Global Grid-tied Solar Inverter Sales by Companies
3.5 Global Grid-tied Solar Inverter Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Grid-tied Solar Inverter Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Grid-tied Solar Inverter Product Type
3.8 Tier 1, Tier 2 and Tier 3 Grid-tied Solar Inverter Players in Global Market
3.8.1 List of Global Tier 1 Grid-tied Solar Inverter Companies
3.8.2 List of Global Tier 2 and Tier 3 Grid-tied Solar Inverter Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Grid-tied Solar Inverter Market Size Markets, 2021 & 2028
4.1.2 Single Phase Inverter
4.1.3 Three Phase Inverter
4.1.4 Other
4.2 By Type - Global Grid-tied Solar Inverter Revenue & Forecasts
4.2.1 By Type - Global Grid-tied Solar Inverter Revenue, 2017-2022
4.2.2 By Type - Global Grid-tied Solar Inverter Revenue, 2023-2028
4.2.3 By Type - Global Grid-tied Solar Inverter Revenue Market Share, 2017-2028
4.3 By Type - Global Grid-tied Solar Inverter Sales & Forecasts
4.3.1 By Type - Global Grid-tied Solar Inverter Sales, 2017-2022
4.3.2 By Type - Global Grid-tied Solar Inverter Sales, 2023-2028
4.3.3 By Type - Global Grid-tied Solar Inverter Sales Market Share, 2017-2028
4.4 By Type - Global Grid-tied Solar Inverter Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Grid-tied Solar Inverter Market Size, 2021 & 2028
5.1.2 Residential
5.1.3 Commercial
5.1.4 Industry
5.1.5 Other
5.2 By Application - Global Grid-tied Solar Inverter Revenue & Forecasts
5.2.1 By Application - Global Grid-tied Solar Inverter Revenue, 2017-2022
5.2.2 By Application - Global Grid-tied Solar Inverter Revenue, 2023-2028
5.2.3 By Application - Global Grid-tied Solar Inverter Revenue Market Share, 2017-2028
5.3 By Application - Global Grid-tied Solar Inverter Sales & Forecasts
5.3.1 By Application - Global Grid-tied Solar Inverter Sales, 2017-2022
5.3.2 By Application - Global Grid-tied Solar Inverter Sales, 2023-2028
5.3.3 By Application - Global Grid-tied Solar Inverter Sales Market Share, 2017-2028
5.4 By Application - Global Grid-tied Solar Inverter Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Grid-tied Solar Inverter Market Size, 2021 & 2028
6.2 By Region - Global Grid-tied Solar Inverter Revenue & Forecasts
6.2.1 By Region - Global Grid-tied Solar Inverter Revenue, 2017-2022
6.2.2 By Region - Global Grid-tied Solar Inverter Revenue, 2023-2028
6.2.3 By Region - Global Grid-tied Solar Inverter Revenue Market Share, 2017-2028
6.3 By Region - Global Grid-tied Solar Inverter Sales & Forecasts
6.3.1 By Region - Global Grid-tied Solar Inverter Sales, 2017-2022
6.3.2 By Region - Global Grid-tied Solar Inverter Sales, 2023-2028
6.3.3 By Region - Global Grid-tied Solar Inverter Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Grid-tied Solar Inverter Revenue, 2017-2028
6.4.2 By Country - North America Grid-tied Solar Inverter Sales, 2017-2028
6.4.3 US Grid-tied Solar Inverter Market Size, 2017-2028
6.4.4 Canada Grid-tied Solar Inverter Market Size, 2017-2028
6.4.5 Mexico Grid-tied Solar Inverter Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Grid-tied Solar Inverter Revenue, 2017-2028
6.5.2 By Country - Europe Grid-tied Solar Inverter Sales, 2017-2028
6.5.3 Germany Grid-tied Solar Inverter Market Size, 2017-2028
6.5.4 France Grid-tied Solar Inverter Market Size, 2017-2028
6.5.5 U.K. Grid-tied Solar Inverter Market Size, 2017-2028
6.5.6 Italy Grid-tied Solar Inverter Market Size, 2017-2028
6.5.7 Russia Grid-tied Solar Inverter Market Size, 2017-2028
6.5.8 Nordic Countries Grid-tied Solar Inverter Market Size, 2017-2028
6.5.9 Benelux Grid-tied Solar Inverter Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Grid-tied Solar Inverter Revenue, 2017-2028
6.6.2 By Region - Asia Grid-tied Solar Inverter Sales, 2017-2028
6.6.3 China Grid-tied Solar Inverter Market Size, 2017-2028
6.6.4 Japan Grid-tied Solar Inverter Market Size, 2017-2028
6.6.5 South Korea Grid-tied Solar Inverter Market Size, 2017-2028
6.6.6 Southeast Asia Grid-tied Solar Inverter Market Size, 2017-2028
6.6.7 India Grid-tied Solar Inverter Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Grid-tied Solar Inverter Revenue, 2017-2028
6.7.2 By Country - South America Grid-tied Solar Inverter Sales, 2017-2028
6.7.3 Brazil Grid-tied Solar Inverter Market Size, 2017-2028
6.7.4 Argentina Grid-tied Solar Inverter Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Grid-tied Solar Inverter Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Grid-tied Solar Inverter Sales, 2017-2028
6.8.3 Turkey Grid-tied Solar Inverter Market Size, 2017-2028
6.8.4 Israel Grid-tied Solar Inverter Market Size, 2017-2028
6.8.5 Saudi Arabia Grid-tied Solar Inverter Market Size, 2017-2028
6.8.6 UAE Grid-tied Solar Inverter Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 SMA
7.1.1 SMA Corporate Summary
7.1.2 SMA Business Overview
7.1.3 SMA Grid-tied Solar Inverter Major Product Offerings
7.1.4 SMA Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.1.5 SMA Key News
7.2 KACO
7.2.1 KACO Corporate Summary
7.2.2 KACO Business Overview
7.2.3 KACO Grid-tied Solar Inverter Major Product Offerings
7.2.4 KACO Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.2.5 KACO Key News
7.3 Eaton
7.3.1 Eaton Corporate Summary
7.3.2 Eaton Business Overview
7.3.3 Eaton Grid-tied Solar Inverter Major Product Offerings
7.3.4 Eaton Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.3.5 Eaton Key News
7.4 Exeltech
7.4.1 Exeltech Corporate Summary
7.4.2 Exeltech Business Overview
7.4.3 Exeltech Grid-tied Solar Inverter Major Product Offerings
7.4.4 Exeltech Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.4.5 Exeltech Key News
7.5 Magnum Energy
7.5.1 Magnum Energy Corporate Summary
7.5.2 Magnum Energy Business Overview
7.5.3 Magnum Energy Grid-tied Solar Inverter Major Product Offerings
7.5.4 Magnum Energy Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.5.5 Magnum Energy Key News
7.6 FIMER
7.6.1 FIMER Corporate Summary
7.6.2 FIMER Business Overview
7.6.3 FIMER Grid-tied Solar Inverter Major Product Offerings
7.6.4 FIMER Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.6.5 FIMER Key News
7.7 Growatt New Energy
7.7.1 Growatt New Energy Corporate Summary
7.7.2 Growatt New Energy Business Overview
7.7.3 Growatt New Energy Grid-tied Solar Inverter Major Product Offerings
7.7.4 Growatt New Energy Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.7.5 Growatt New Energy Key News
7.8 GoodWe
7.8.1 GoodWe Corporate Summary
7.8.2 GoodWe Business Overview
7.8.3 GoodWe Grid-tied Solar Inverter Major Product Offerings
7.8.4 GoodWe Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.8.5 GoodWe Key News
7.9 Huawei Technologies
7.9.1 Huawei Technologies Corporate Summary
7.9.2 Huawei Technologies Business Overview
7.9.3 Huawei Technologies Grid-tied Solar Inverter Major Product Offerings
7.9.4 Huawei Technologies Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.9.5 Huawei Technologies Key News
7.10 ZCS Azzurro
7.10.1 ZCS Azzurro Corporate Summary
7.10.2 ZCS Azzurro Business Overview
7.10.3 ZCS Azzurro Grid-tied Solar Inverter Major Product Offerings
7.10.4 ZCS Azzurro Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.10.5 ZCS Azzurro Key News
7.11 OutBack Power
7.11.1 OutBack Power Corporate Summary
7.11.2 OutBack Power Grid-tied Solar Inverter Business Overview
7.11.3 OutBack Power Grid-tied Solar Inverter Major Product Offerings
7.11.4 OutBack Power Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.11.5 OutBack Power Key News
7.12 Solectria
7.12.1 Solectria Corporate Summary
7.12.2 Solectria Grid-tied Solar Inverter Business Overview
7.12.3 Solectria Grid-tied Solar Inverter Major Product Offerings
7.12.4 Solectria Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.12.5 Solectria Key News
7.13 AIMS Power
7.13.1 AIMS Power Corporate Summary
7.13.2 AIMS Power Grid-tied Solar Inverter Business Overview
7.13.3 AIMS Power Grid-tied Solar Inverter Major Product Offerings
7.13.4 AIMS Power Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.13.5 AIMS Power Key News
7.14 Kostal Solar
7.14.1 Kostal Solar Corporate Summary
7.14.2 Kostal Solar Business Overview
7.14.3 Kostal Solar Grid-tied Solar Inverter Major Product Offerings
7.14.4 Kostal Solar Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.14.5 Kostal Solar Key News
7.15 Delta Energy Systems
7.15.1 Delta Energy Systems Corporate Summary
7.15.2 Delta Energy Systems Business Overview
7.15.3 Delta Energy Systems Grid-tied Solar Inverter Major Product Offerings
7.15.4 Delta Energy Systems Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.15.5 Delta Energy Systems Key News
7.16 Ginlong Solis
7.16.1 Ginlong Solis Corporate Summary
7.16.2 Ginlong Solis Business Overview
7.16.3 Ginlong Solis Grid-tied Solar Inverter Major Product Offerings
7.16.4 Ginlong Solis Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.16.5 Ginlong Solis Key News
7.17 Steca
7.17.1 Steca Corporate Summary
7.17.2 Steca Business Overview
7.17.3 Steca Grid-tied Solar Inverter Major Product Offerings
7.17.4 Steca Grid-tied Solar Inverter Sales and Revenue in Global (2017-2022)
7.17.5 Steca Key News
8 Global Grid-tied Solar Inverter Production Capacity, Analysis
8.1 Global Grid-tied Solar Inverter Production Capacity, 2017-2028
8.2 Grid-tied Solar Inverter Production Capacity of Key Manufacturers in Global Market
8.3 Global Grid-tied Solar Inverter Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Grid-tied Solar Inverter Supply Chain Analysis
10.1 Grid-tied Solar Inverter Industry Value Chain
10.2 Grid-tied Solar Inverter Upstream Market
10.3 Grid-tied Solar Inverter Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Grid-tied Solar Inverter Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
Grid tied Solar Inverter Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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