The solar grid-connected inverter is a special inverter. In addition to converting direct current to alternating current, the output alternating current can be synchronized with the frequency and phase of the mains, so the output alternating current can return to the mains. The solar grid-connected inverter feeds back electric energy to the power grid. If the power grid is powered off, it is necessary to quickly cut off the power supply line to the grid to ensure that the grid-connected inverter will also be turned off when the power is off, so as to avoid harming the personnel who maintain the grid. . Grid-tied inverters are commonly used in applications where some DC voltage sources (such as solar panels or small wind turbines) are connected to the grid.
This report contains market size and forecasts of Solar Grid-tied Inverters in global, including the following market information:
Global Solar Grid-tied Inverters Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Solar Grid-tied Inverters Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Solar Grid-tied Inverters companies in 2021 (%)
The global Solar Grid-tied Inverters 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.
Low Frequency Inverter Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Solar Grid-tied Inverters include Enphase Energy, SolarEdge, General Electric, Siemens, SMA Solar Technology, Schneider Electric, Cyber​​ Power Systems, OutBack Power Technologies and Luminous, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Solar Grid-tied Inverters 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.
Total Market by Segment:
Global Solar Grid-tied Inverters Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Solar Grid-tied Inverters Market Segment Percentages, by Type, 2021 (%)
Low Frequency Inverter
High Frequency Inverter
Global Solar Grid-tied Inverters Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Solar Grid-tied Inverters Market Segment Percentages, by Application, 2021 (%)
DC Voltage Source
Grid Connection
Others
Global Solar Grid-tied Inverters Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Solar Grid-tied Inverters 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 Solar Grid-tied Inverters revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Solar Grid-tied Inverters revenues share in global market, 2021 (%)
Key companies Solar Grid-tied Inverters sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Solar Grid-tied Inverters sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Enphase Energy
SolarEdge
General Electric
Siemens
SMA Solar Technology
Schneider Electric
Cyber​​ Power Systems
OutBack Power Technologies
Luminous
Leonics
INVT
Easun Power
Alencon Systems
Fimer Group (ABB)
Sungrow
Hitachi
Huawei
TBEA
Yaskawa-Solectria Solar
Power Electronics
Fronius
TMEIC
Growatt
Tabuchi Electric
Apsystems
NEGO
Yuneng Technology
Hoymiles
Ginlong
GoodWe