Global PV Inverter Market Research Report 2026(Status And Outlook)

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Base Year
2026
Forecast Period
2024-2029
Pages
159
Industry
Renewable Energy
Regions
Global
Updated
February 2026

Report Overview


Report Overview
PV Inverters, also known as power regulator and power regulator, is an indispensable part of the photovoltaic system.The major players in global PV Inverter market include SMA, Huawei, etc. The top 2 players occupy about 30% shares of the global market. Asia-Pacific is main market, and occupies over 60% of the global market. String Inverter is the main type, with a share about 60%. Public Utilities is the main application, which holds a share about 45%.

The global PV Inverter market size was estimated at USD 7152.0 million in 2025 and is projected to grow at a compound annual growth rate (CAGR) of 11.50% during the forecast period.

This report offers a comprehensive and in-depth analysis of the global PV Inverter market, covering all critical facets from a broad macroeconomic overview to detailed micro-level insights. It examines market size, competitive landscape, emerging development trends, niche segments, key drivers and challenges, as well as conducts SWOT and value chain analyses.

The insights provided enable readers to understand the competitive dynamics within the industry and formulate effective strategies to enhance profitability and market positioning. Additionally, the report presents a clear framework for evaluating the current status and future outlook of business organizations operating in this sector.

A significant focus of this report lies in the competitive landscape of the global PV Inverter market. It offers detailed profiles of major players, including their market shares, performance metrics, product portfolios, and operational status. This enables stakeholders to identify leading competitors and gain a nuanced understanding of market rivalry and structure.

In summary, this report serves as an essential resource for industry participants, investors, researchers, consultants, and business strategists, as well as anyone planning to enter or expand their presence in the PV Inverter market.
Global PV Inverter Market: Market Segmentation Analysis
This research report provides a detailed segmentation of the market by region (country), key manufacturers, product type, and application. Market segmentation divides the overall market into distinct subsets based on factors such as product categories, end-user industries, geographic locations, and other relevant criteria.
A clear understanding of these market segments enables decision-makers to tailor their product development, sales, and marketing strategies more effectively to meet the unique needs of each segment. Leveraging market segmentation insights can significantly enhance targeted approaches, optimize resource allocation, and accelerate product innovation cycles by aligning offerings with the specific demands of diverse customer groups.
Key Company
Huawei
Sungrow Power
SMA
Power Electronics
FIMER
SiNENG
GoodWe
SolarEdge Technologies
Ingeteam
TBEA
KSTAR
Growatt
Siemens (KACO)
Delta Energy Systems
GinLong
Fronius
Schneider Electric
SOFARSOLAR
Darfon Electronics
Powerone Micro System

Market Segmentation (by Type)
String Inverter
Central Inverter
Microinverters

Market Segmentation (by Application)
Residential
Business
Public Utilities

Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the PV Inverter Market
Overview of the regional outlook of the PV Inverter Market:

Customization of the Report
In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the PV Inverter Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the markets competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porters five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of PV Inverter, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
6-month post-sales analyst support
Customization of the Report
In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.



Table of Contents

  • 1 Research Methodology and Statistical Scope
    • 1.1 Market Definition and Statistical Scope of PV Inverter
    • 1.2 Key Market Segments
      • 1.2.1 PV Inverter Segment by Type
      • 1.2.2 PV Inverter Segment by Application
    • 1.3 Methodology & Sources of Information
      • 1.3.1 Research Methodology
      • 1.3.2 Research Process
      • 1.3.3 Market Breakdown and Data Triangulation
      • 1.3.4 Base Year
      • 1.3.5 Report Assumptions & Caveats
  • 2 PV Inverter Market Overview
    • 2.1 Global Market Overview
      • 2.1.1 Global PV Inverter Market Size (M USD) Estimates and Forecasts (2020-2035)
      • 2.1.2 Global PV Inverter Sales Estimates and Forecasts (2020-2035)
    • 2.2 Market Segment Executive Summary
    • 2.3 Global Market Size by Region
  • 3 PV Inverter Market Competitive Landscape
    • 3.1 Company Assessment Quadrant
    • 3.2 Global PV Inverter Product Life Cycle
    • 3.3 Global PV Inverter Sales by Manufacturers (2020-2025)
    • 3.4 Global PV Inverter Revenue Market Share by Manufacturers (2020-2025)
    • 3.5 PV Inverter Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    • 3.6 Global PV Inverter Average Price by Manufacturers (2020-2025)
    • 3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
    • 3.8 PV Inverter Market Competitive Situation and Trends
      • 3.8.1 PV Inverter Market Concentration Rate
      • 3.8.2 Global 5 and 10 Largest PV Inverter Players Market Share by Revenue
      • 3.8.3 Mergers & Acquisitions, Expansion
  • 4 PV Inverter Industry Chain Analysis
    • 4.1 PV Inverter Industry Chain Analysis
    • 4.2 Market Overview of Key Raw Materials
    • 4.3 Midstream Market Analysis
    • 4.4 Downstream Customer Analysis
  • 5 The Development and Dynamics of PV Inverter Market
    • 5.1 Key Development Trends
    • 5.2 Driving Factors
    • 5.3 Market Challenges
    • 5.4 Industry News
      • 5.4.1 New Product Developments
      • 5.4.2 Mergers & Acquisitions
      • 5.4.3 Expansions
      • 5.4.4 Collaboration/Supply Contracts
    • 5.5 PEST Analysis
      • 5.5.1 Industry Policies Analysis
      • 5.5.2 Economic Environment Analysis
      • 5.5.3 Social Environment Analysis
      • 5.5.4 Technological Environment Analysis
    • 5.6 Global PV Inverter Market Porters Five Forces Analysis
      • 5.6.1 Global Trade Frictions
      • 5.6.2 U.S. Tariff Policy – April 2025
      • 5.6.3 Global Trade Frictions and Their Impacts to PV Inverter Market
    • 5.7 ESG Ratings of Leading Companies
  • 6 PV Inverter Market Segmentation by Type
    • 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
    • 6.2 Global PV Inverter Sales Market Share by Type (2020-2025)
    • 6.3 Global PV Inverter Market Size by Type (2020-2025)
    • 6.4 Global PV Inverter Price by Type (2020-2025)
  • 7 PV Inverter Market Segmentation by Application
    • 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
    • 7.2 Global PV Inverter Market Sales by Application (2020-2025)
    • 7.3 Global PV Inverter Market Size (M USD) by Application (2020-2025)
    • 7.4 Global PV Inverter Sales Growth Rate by Application (2020-2025)
  • 8 PV Inverter Market Sales by Region
    • 8.1 Global PV Inverter Sales by Region
      • 8.1.1 Global PV Inverter Sales by Region
      • 8.1.2 Global PV Inverter Sales Market Share by Region
    • 8.2 Global PV Inverter Market Size by Region
      • 8.2.1 Global PV Inverter Market Size by Region
      • 8.2.2 Global PV Inverter Market Size by Region
    • 8.3 North America
      • 8.3.1 North America PV Inverter Sales by Country
      • 8.3.2 North America PV Inverter Market Size by Country
      • 8.3.3 U.S. Market Overview
      • 8.3.4 Canada Market Overview
      • 8.3.5 Mexico Market Overview
    • 8.4 Europe
      • 8.4.1 Europe PV Inverter Sales by Country
      • 8.4.2 Europe PV Inverter Market Size by Country
      • 8.4.3 Germany Market Overview
      • 8.4.4 France Market Overview
      • 8.4.5 U.K. Market Overview
      • 8.4.6 Italy Market Overview
      • 8.4.7 Spain Market Overview
    • 8.5 Asia Pacific
      • 8.5.1 Asia Pacific PV Inverter Sales by Region
      • 8.5.2 Asia Pacific PV Inverter Market Size by Region
      • 8.5.3 China Market Overview
      • 8.5.4 Japan Market Overview
      • 8.5.5 South Korea Market Overview
      • 8.5.6 India Market Overview
      • 8.5.7 Southeast Asia Market Overview
    • 8.6 South America
      • 8.6.1 South America PV Inverter Sales by Country
      • 8.6.2 South America PV Inverter Market Size by Country
      • 8.6.3 Brazil Market Overview
      • 8.6.4 Argentina Market Overview
      • 8.6.5 Columbia Market Overview
    • 8.7 Middle East and Africa
      • 8.7.1 Middle East and Africa PV Inverter Sales by Region
      • 8.7.2 Middle East and Africa PV Inverter Market Size by Region
      • 8.7.3 Saudi Arabia Market Overview
      • 8.7.4 UAE Market Overview
      • 8.7.5 Egypt Market Overview
      • 8.7.6 Nigeria Market Overview
      • 8.7.7 South Africa Market Overview
  • 9 PV Inverter Market Production by Region
    • 9.1 Global Production of PV Inverter by Region(2020-2025)
    • 9.2 Global PV Inverter Revenue Market Share by Region (2020-2025)
    • 9.3 Global PV Inverter Production, Revenue, Price and Gross Margin (2020-2025)
    • 9.4 North America PV Inverter Production
      • 9.4.1 North America PV Inverter Production Growth Rate (2020-2025)
      • 9.4.2 North America PV Inverter Production, Revenue, Price and Gross Margin (2020-2025)
    • 9.5 Europe PV Inverter Production
      • 9.5.1 Europe PV Inverter Production Growth Rate (2020-2025)
      • 9.5.2 Europe PV Inverter Production, Revenue, Price and Gross Margin (2020-2025)
    • 9.6 Japan PV Inverter Production (2020-2025)
      • 9.6.1 Japan PV Inverter Production Growth Rate (2020-2025)
      • 9.6.2 Japan PV Inverter Production, Revenue, Price and Gross Margin (2020-2025)
    • 9.7 China PV Inverter Production (2020-2025)
      • 9.7.1 China PV Inverter Production Growth Rate (2020-2025)
      • 9.7.2 China PV Inverter Production, Revenue, Price and Gross Margin (2020-2025)
  • 10 Key Companies Profile
    • 10.1 Huawei
      • 10.1.1 Huawei Basic Information
      • 10.1.2 Huawei PV Inverter Product Overview
      • 10.1.3 Huawei PV Inverter Product Market Performance
      • 10.1.4 Huawei Business Overview
      • 10.1.5 Huawei SWOT Analysis
      • 10.1.6 Huawei Recent Developments
    • 10.2 Sungrow Power
      • 10.2.1 Sungrow Power Basic Information
      • 10.2.2 Sungrow Power PV Inverter Product Overview
      • 10.2.3 Sungrow Power PV Inverter Product Market Performance
      • 10.2.4 Sungrow Power Business Overview
      • 10.2.5 Sungrow Power SWOT Analysis
      • 10.2.6 Sungrow Power Recent Developments
    • 10.3 SMA
      • 10.3.1 SMA Basic Information
      • 10.3.2 SMA PV Inverter Product Overview
      • 10.3.3 SMA PV Inverter Product Market Performance
      • 10.3.4 SMA Business Overview
      • 10.3.5 SMA SWOT Analysis
      • 10.3.6 SMA Recent Developments
    • 10.4 Power Electronics
      • 10.4.1 Power Electronics Basic Information
      • 10.4.2 Power Electronics PV Inverter Product Overview
      • 10.4.3 Power Electronics PV Inverter Product Market Performance
      • 10.4.4 Power Electronics Business Overview
      • 10.4.5 Power Electronics Recent Developments
    • 10.5 FIMER
      • 10.5.1 FIMER Basic Information
      • 10.5.2 FIMER PV Inverter Product Overview
      • 10.5.3 FIMER PV Inverter Product Market Performance
      • 10.5.4 FIMER Business Overview
      • 10.5.5 FIMER Recent Developments
    • 10.6 SiNENG
      • 10.6.1 SiNENG Basic Information
      • 10.6.2 SiNENG PV Inverter Product Overview
      • 10.6.3 SiNENG PV Inverter Product Market Performance
      • 10.6.4 SiNENG Business Overview
      • 10.6.5 SiNENG Recent Developments
    • 10.7 GoodWe
      • 10.7.1 GoodWe Basic Information
      • 10.7.2 GoodWe PV Inverter Product Overview
      • 10.7.3 GoodWe PV Inverter Product Market Performance
      • 10.7.4 GoodWe Business Overview
      • 10.7.5 GoodWe Recent Developments
    • 10.8 SolarEdge Technologies
      • 10.8.1 SolarEdge Technologies Basic Information
      • 10.8.2 SolarEdge Technologies PV Inverter Product Overview
      • 10.8.3 SolarEdge Technologies PV Inverter Product Market Performance
      • 10.8.4 SolarEdge Technologies Business Overview
      • 10.8.5 SolarEdge Technologies Recent Developments
    • 10.9 Ingeteam
      • 10.9.1 Ingeteam Basic Information
      • 10.9.2 Ingeteam PV Inverter Product Overview
      • 10.9.3 Ingeteam PV Inverter Product Market Performance
      • 10.9.4 Ingeteam Business Overview
      • 10.9.5 Ingeteam Recent Developments
    • 10.10 TBEA
      • 10.10.1 TBEA Basic Information
      • 10.10.2 TBEA PV Inverter Product Overview
      • 10.10.3 TBEA PV Inverter Product Market Performance
      • 10.10.4 TBEA Business Overview
      • 10.10.5 TBEA Recent Developments
    • 10.11 KSTAR
      • 10.11.1 KSTAR Basic Information
      • 10.11.2 KSTAR PV Inverter Product Overview
      • 10.11.3 KSTAR PV Inverter Product Market Performance
      • 10.11.4 KSTAR Business Overview
      • 10.11.5 KSTAR Recent Developments
    • 10.12 Growatt
      • 10.12.1 Growatt Basic Information
      • 10.12.2 Growatt PV Inverter Product Overview
      • 10.12.3 Growatt PV Inverter Product Market Performance
      • 10.12.4 Growatt Business Overview
      • 10.12.5 Growatt Recent Developments
    • 10.13 Siemens (KACO)
      • 10.13.1 Siemens (KACO) Basic Information
      • 10.13.2 Siemens (KACO) PV Inverter Product Overview
      • 10.13.3 Siemens (KACO) PV Inverter Product Market Performance
      • 10.13.4 Siemens (KACO) Business Overview
      • 10.13.5 Siemens (KACO) Recent Developments
    • 10.14 Delta Energy Systems
      • 10.14.1 Delta Energy Systems Basic Information
      • 10.14.2 Delta Energy Systems PV Inverter Product Overview
      • 10.14.3 Delta Energy Systems PV Inverter Product Market Performance
      • 10.14.4 Delta Energy Systems Business Overview
      • 10.14.5 Delta Energy Systems Recent Developments
    • 10.15 GinLong
      • 10.15.1 GinLong Basic Information
      • 10.15.2 GinLong PV Inverter Product Overview
      • 10.15.3 GinLong PV Inverter Product Market Performance
      • 10.15.4 GinLong Business Overview
      • 10.15.5 GinLong Recent Developments
    • 10.16 Fronius
      • 10.16.1 Fronius Basic Information
      • 10.16.2 Fronius PV Inverter Product Overview
      • 10.16.3 Fronius PV Inverter Product Market Performance
      • 10.16.4 Fronius Business Overview
      • 10.16.5 Fronius Recent Developments
    • 10.17 Schneider Electric
      • 10.17.1 Schneider Electric Basic Information
      • 10.17.2 Schneider Electric PV Inverter Product Overview
      • 10.17.3 Schneider Electric PV Inverter Product Market Performance
      • 10.17.4 Schneider Electric Business Overview
      • 10.17.5 Schneider Electric Recent Developments
    • 10.18 SOFARSOLAR
      • 10.18.1 SOFARSOLAR Basic Information
      • 10.18.2 SOFARSOLAR PV Inverter Product Overview
      • 10.18.3 SOFARSOLAR PV Inverter Product Market Performance
      • 10.18.4 SOFARSOLAR Business Overview
      • 10.18.5 SOFARSOLAR Recent Developments
    • 10.19 Darfon Electronics
      • 10.19.1 Darfon Electronics Basic Information
      • 10.19.2 Darfon Electronics PV Inverter Product Overview
      • 10.19.3 Darfon Electronics PV Inverter Product Market Performance
      • 10.19.4 Darfon Electronics Business Overview
      • 10.19.5 Darfon Electronics Recent Developments
    • 10.20 Powerone Micro System
      • 10.20.1 Powerone Micro System Basic Information
      • 10.20.2 Powerone Micro System PV Inverter Product Overview
      • 10.20.3 Powerone Micro System PV Inverter Product Market Performance
      • 10.20.4 Powerone Micro System Business Overview
      • 10.20.5 Powerone Micro System Recent Developments
  • 11 PV Inverter Market Forecast by Region
    • 11.1 Global PV Inverter Market Size Forecast
    • 11.2 Global PV Inverter Market Forecast by Region
      • 11.2.1 North America Market Size Forecast by Country
      • 11.2.2 Europe PV Inverter Market Size Forecast by Country
      • 11.2.3 Asia Pacific PV Inverter Market Size Forecast by Region
      • 11.2.4 South America PV Inverter Market Size Forecast by Country
      • 11.2.5 Middle East and Africa Forecasted Sales of PV Inverter by Country
  • 12 Forecast Market by Type and by Application (2026-2035)
    • 12.1 Global PV Inverter Market Forecast by Type (2026-2035)
      • 12.1.1 Global Forecasted Sales of PV Inverter by Type (2026-2035)
      • 12.1.2 Global PV Inverter Market Size Forecast by Type (2026-2035)
      • 12.1.3 Global Forecasted Price of PV Inverter by Type (2026-2035)
    • 12.2 Global PV Inverter Market Forecast by Application (2026-2035)
      • 12.2.1 Global PV Inverter Sales (K Units) Forecast by Application
      • 12.2.2 Global PV Inverter Market Size (M USD) Forecast by Application (2026-2035)
  • 13 Conclusion and Key Findings

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