Distributed photovoltaic inverters can convert the variable DC voltage produced by photovoltaic (PV) solar panels into alternating current (AC) power at mains frequency.
This report contains market size and forecasts of Distributed Photovoltaic Inverter in global, including the following market information:
Global Distributed Photovoltaic Inverter Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Distributed Photovoltaic Inverter Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Distributed Photovoltaic Inverter companies in 2021 (%)
The global Distributed Photovoltaic 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.
Grid-tied Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Distributed Photovoltaic Inverter include Sungrow, Growatt, Costa, Goodway, Shangneng Electric, Jinlang Technology, TBEA, Kehua data and Chint Electric and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Distributed Photovoltaic 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.
Total Market by Segment:
Global Distributed Photovoltaic Inverter Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Distributed Photovoltaic Inverter Market Segment Percentages, by Type, 2021 (%)
Grid-tied
Grid/Hybrid
Off-grid
Global Distributed Photovoltaic Inverter Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Distributed Photovoltaic Inverter Market Segment Percentages, by Application, 2021 (%)
Residential
Fishery
Agriculture
Forestry
Industry and Commerce
Global Distributed Photovoltaic Inverter Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Distributed Photovoltaic 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 Distributed Photovoltaic Inverter revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Distributed Photovoltaic Inverter revenues share in global market, 2021 (%)
Key companies Distributed Photovoltaic Inverter sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Distributed Photovoltaic Inverter sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sungrow
Growatt
Costa
Goodway
Shangneng Electric
Jinlang Technology
TBEA
Kehua data
Chint Electric
Huawei