Global Grid Interconnection Converter Market Growth 2025-2031

Publication ID:

LPI07259224

Publication Date:

July 30, 2025

Pages:

117

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Energy Trading & Marketing [2]

Electricity [3]

Energy & Utilities [4]

Description:

The global Grid Interconnection Converter market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
Grid interconnection converter is a kind of power converter used to connect renewable energy such as solar energy, wind energy or hydropower to the grid. It is also called grid-connected inverter or grid-connected inverter. The grid interconnection converter usually operates at high voltage and is designed to meet the strict technical and safety standards for connecting to the grid. They may also have multiple functions, such as maximum power point tracking (MPPT) to optimize energy output, and the ability to operate under various grid conditions and using different types of renewable energy.
United States market for Grid Interconnection Converter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Grid Interconnection Converter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Grid Interconnection Converter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Grid Interconnection Converter players cover ABB, Siemens, GE Power Conversion, Schneider Electric, Mitsubishi Electric Corporation, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The 鈥淕rid Interconnection Converter Industry Forecast鈥� looks at past sales and reviews total world Grid Interconnection Converter sales in 2024, providing a comprehensive analysis by region and market sector of projected Grid Interconnection Converter sales for 2025 through 2031. With Grid Interconnection Converter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Grid Interconnection Converter industry.
This Insight Report provides a comprehensive analysis of the global Grid Interconnection Converter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Grid Interconnection Converter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Grid Interconnection Converter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Grid Interconnection Converter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Grid Interconnection Converter.
This report presents a comprehensive overview, market shares, and growth opportunities of Grid Interconnection Converter market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Single-phase Grid-connected Inverter
Three-phase Grid-connected Inverter
Segmentation by Application:
Solar Panels
Wind Power Generator
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ABB
Siemens
GE Power Conversion
Schneider Electric
Mitsubishi Electric Corporation
Hitachi ABB Power Grids
Ingeteam
Delta Electronics
Advanced Energy Industries, Inc.
SolarEdge Technologies, Inc.
Sungrow Power Supply Co., Ltd.
TMEIC Corporation
Huawei Technologies Co., Ltd.
KACO new energy GmbH
Key Questions Addressed in this Report
What is the 10-year outlook for the global Grid Interconnection Converter market?
What factors are driving Grid Interconnection Converter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Grid Interconnection Converter market opportunities vary by end market size?
How does Grid Interconnection Converter break out by Type, by Application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Grid Interconnection Converter Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Grid Interconnection Converter by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Grid Interconnection Converter by Country/Region, 2020, 2024 & 2031
2.2 Grid Interconnection Converter Segment by Type
2.2.1 Single-phase Grid-connected Inverter
2.2.2 Three-phase Grid-connected Inverter
2.3 Grid Interconnection Converter Sales by Type
2.3.1 Global Grid Interconnection Converter Sales Market Share by Type (2020-2025)
2.3.2 Global Grid Interconnection Converter Revenue and Market Share by Type (2020-2025)
2.3.3 Global Grid Interconnection Converter Sale Price by Type (2020-2025)
2.4 Grid Interconnection Converter Segment by Application
2.4.1 Solar Panels
2.4.2 Wind Power Generator
2.5 Grid Interconnection Converter Sales by Application
2.5.1 Global Grid Interconnection Converter Sale Market Share by Application (2020-2025)
2.5.2 Global Grid Interconnection Converter Revenue and Market Share by Application (2020-2025)
2.5.3 Global Grid Interconnection Converter Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Grid Interconnection Converter Breakdown Data by Company
3.1.1 Global Grid Interconnection Converter Annual Sales by Company (2020-2025)
3.1.2 Global Grid Interconnection Converter Sales Market Share by Company (2020-2025)
3.2 Global Grid Interconnection Converter Annual Revenue by Company (2020-2025)
3.2.1 Global Grid Interconnection Converter Revenue by Company (2020-2025)
3.2.2 Global Grid Interconnection Converter Revenue Market Share by Company (2020-2025)
3.3 Global Grid Interconnection Converter Sale Price by Company
3.4 Key Manufacturers Grid Interconnection Converter Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Grid Interconnection Converter Product Location Distribution
3.4.2 Players Grid Interconnection Converter Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Grid Interconnection Converter by Geographic Region
4.1 World Historic Grid Interconnection Converter Market Size by Geographic Region (2020-2025)
4.1.1 Global Grid Interconnection Converter Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Grid Interconnection Converter Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Grid Interconnection Converter Market Size by Country/Region (2020-2025)
4.2.1 Global Grid Interconnection Converter Annual Sales by Country/Region (2020-2025)
4.2.2 Global Grid Interconnection Converter Annual Revenue by Country/Region (2020-2025)
4.3 Americas Grid Interconnection Converter Sales Growth
4.4 APAC Grid Interconnection Converter Sales Growth
4.5 Europe Grid Interconnection Converter Sales Growth
4.6 Middle East & Africa Grid Interconnection Converter Sales Growth
5 Americas
5.1 Americas Grid Interconnection Converter Sales by Country
5.1.1 Americas Grid Interconnection Converter Sales by Country (2020-2025)
5.1.2 Americas Grid Interconnection Converter Revenue by Country (2020-2025)
5.2 Americas Grid Interconnection Converter Sales by Type (2020-2025)
5.3 Americas Grid Interconnection Converter Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Grid Interconnection Converter Sales by Region
6.1.1 APAC Grid Interconnection Converter Sales by Region (2020-2025)
6.1.2 APAC Grid Interconnection Converter Revenue by Region (2020-2025)
6.2 APAC Grid Interconnection Converter Sales by Type (2020-2025)
6.3 APAC Grid Interconnection Converter Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Grid Interconnection Converter by Country
7.1.1 Europe Grid Interconnection Converter Sales by Country (2020-2025)
7.1.2 Europe Grid Interconnection Converter Revenue by Country (2020-2025)
7.2 Europe Grid Interconnection Converter Sales by Type (2020-2025)
7.3 Europe Grid Interconnection Converter Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Grid Interconnection Converter by Country
8.1.1 Middle East & Africa Grid Interconnection Converter Sales by Country (2020-2025)
8.1.2 Middle East & Africa Grid Interconnection Converter Revenue by Country (2020-2025)
8.2 Middle East & Africa Grid Interconnection Converter Sales by Type (2020-2025)
8.3 Middle East & Africa Grid Interconnection Converter Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Grid Interconnection Converter
10.3 Manufacturing Process Analysis of Grid Interconnection Converter
10.4 Industry Chain Structure of Grid Interconnection Converter
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Grid Interconnection Converter Distributors
11.3 Grid Interconnection Converter Customer
12 World Forecast Review for Grid Interconnection Converter by Geographic Region
12.1 Global Grid Interconnection Converter Market Size Forecast by Region
12.1.1 Global Grid Interconnection Converter Forecast by Region (2026-2031)
12.1.2 Global Grid Interconnection Converter Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Grid Interconnection Converter Forecast by Type (2026-2031)
12.7 Global Grid Interconnection Converter Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 ABB
13.1.1 ABB Company Information
13.1.2 ABB Grid Interconnection Converter Product Portfolios and Specifications
13.1.3 ABB Grid Interconnection Converter Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 ABB Main Business Overview
13.1.5 ABB Latest Developments
13.2 Siemens
13.2.1 Siemens Company Information
13.2.2 Siemens Grid Interconnection Converter Product Portfolios and Specifications
13.2.3 Siemens Grid Interconnection Converter Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Siemens Main Business Overview
13.2.5 Siemens Latest Developments
13.3 GE Power Conversion
13.3.1 GE Power Conversion Company Information
13.3.2 GE Power Conversion Grid Interconnection Converter Product Portfolios and Specifications
13.3.3 GE Power Conversion Grid Interconnection Converter Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 GE Power Conversion Main Business Overview
13.3.5 GE Power Conversion Latest Developments
13.4 Schneider Electric
13.4.1 Schneider Electric Company Information
13.4.2 Schneider Electric Grid Interconnection Converter Product Portfolios and Specifications
13.4.3 Schneider Electric Grid Interconnection Converter Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Schneider Electric Main Business Overview
13.4.5 Schneider Electric Latest Developments
13.5 Mitsubishi Electric Corporation
13.5.1 Mitsubishi Electric Corporation Company Information
13.5.2 Mitsubishi Electric Corporation Grid Interconnection Converter Product Portfolios and Specifications
13.5.3 Mitsubishi Electric Corporation Grid Interconnection Converter Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Mitsubishi Electric Corporation Main Business Overview
13.5.5 Mitsubishi Electric Corporation Latest Developments
13.6 Hitachi ABB Power Grids
13.6.1 Hitachi ABB Power Grids Company Information
13.6.2 Hitachi ABB Power Grids Grid Interconnection Converter Product Portfolios and Specifications
13.6.3 Hitachi ABB Power Grids Grid Interconnection Converter Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Hitachi ABB Power Grids Main Business Overview
13.6.5 Hitachi ABB Power Grids Latest Developments
13.7 Ingeteam
13.7.1 Ingeteam Company Information
13.7.2 Ingeteam Grid Interconnection Converter Product Portfolios and Specifications
13.7.3 Ingeteam Grid Interconnection Converter Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Ingeteam Main Business Overview
13.7.5 Ingeteam Latest Developments
13.8 Delta Electronics
13.8.1 Delta Electronics Company Information
13.8.2 Delta Electronics Grid Interconnection Converter Product Portfolios and Specifications
13.8.3 Delta Electronics Grid Interconnection Converter Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Delta Electronics Main Business Overview
13.8.5 Delta Electronics Latest Developments
13.9 Advanced Energy Industries, Inc.
13.9.1 Advanced Energy Industries, Inc. Company Information
13.9.2 Advanced Energy Industries, Inc. Grid Interconnection Converter Product Portfolios and Specifications
13.9.3 Advanced Energy Industries, Inc. Grid Interconnection Converter Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Advanced Energy Industries, Inc. Main Business Overview
13.9.5 Advanced Energy Industries, Inc. Latest Developments
13.10 SolarEdge Technologies, Inc.
13.10.1 SolarEdge Technologies, Inc. Company Information
13.10.2 SolarEdge Technologies, Inc. Grid Interconnection Converter Product Portfolios and Specifications
13.10.3 SolarEdge Technologies, Inc. Grid Interconnection Converter Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 SolarEdge Technologies, Inc. Main Business Overview
13.10.5 SolarEdge Technologies, Inc. Latest Developments
13.11 Sungrow Power Supply Co., Ltd.
13.11.1 Sungrow Power Supply Co., Ltd. Company Information
13.11.2 Sungrow Power Supply Co., Ltd. Grid Interconnection Converter Product Portfolios and Specifications
13.11.3 Sungrow Power Supply Co., Ltd. Grid Interconnection Converter Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Sungrow Power Supply Co., Ltd. Main Business Overview
13.11.5 Sungrow Power Supply Co., Ltd. Latest Developments
13.12 TMEIC Corporation
13.12.1 TMEIC Corporation Company Information
13.12.2 TMEIC Corporation Grid Interconnection Converter Product Portfolios and Specifications
13.12.3 TMEIC Corporation Grid Interconnection Converter Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 TMEIC Corporation Main Business Overview
13.12.5 TMEIC Corporation Latest Developments
13.13 Huawei Technologies Co., Ltd.
13.13.1 Huawei Technologies Co., Ltd. Company Information
13.13.2 Huawei Technologies Co., Ltd. Grid Interconnection Converter Product Portfolios and Specifications
13.13.3 Huawei Technologies Co., Ltd. Grid Interconnection Converter Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Huawei Technologies Co., Ltd. Main Business Overview
13.13.5 Huawei Technologies Co., Ltd. Latest Developments
13.14 KACO new energy GmbH
13.14.1 KACO new energy GmbH Company Information
13.14.2 KACO new energy GmbH Grid Interconnection Converter Product Portfolios and Specifications
13.14.3 KACO new energy GmbH Grid Interconnection Converter Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 KACO new energy GmbH Main Business Overview
13.14.5 KACO new energy GmbH Latest Developments
14 Research Findings and Conclusion

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