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Asia Pacific PV Inverter Market Share

Report ID: GMI6656
Published Date: Sep 2023
Report Format: PDF

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Asia Pacific PV Inverter Market Share

The key Asia Pacific PV inverter market participants include :

General Electric
SMA Solar Technology AG
Sungrow
Growatt New Energy
Darfon Electronics Corp.
Schneider Electric
Enphase Energy
Siemens
Fimer Group
NingBo Deye Inverter Technology Co., Ltd.
Sparq Systems
Eaton
Huawei Technologies Co., Ltd.
Fronius International GmbH
Delta Electronics, Inc.
Altenergy Power System

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

APAC PV inverter market size reached USD 11.91 billion in 2023 and may surpass USD 26.72 billion by 2032, due to the rapidly changing consumer preferences and the ongoing technology advancements for clean energy sources in the region.

Asia Pacific PV inverter market size from the string product segment recorded over USD 5.7 billion in 2022 and may observe appreciable growth by 2032 owing to scalability and cost effectiveness of these inverters across the residential and commercial sectors.

China PV inverter market size crossed USD 5.5 billion in 2022 due to the presence of international manufacturers along with growing technological advancements in the nation.

Some of the influential PV inverter firms in APAC include General Electric, SMA Solar Technology AG, Sungrow, Growatt New Energy, Darfon Electronics Corp., Schneider Electric, Enphase Energy, Siemens, Fimer Group', NingBo Deye Inverter Technology Co., Ltd., among others.