Global Photovoltaic Grid-connected Solution Market Growth (Status and Outlook) 2025-2031

Publication ID:

LPI06253984

Publication Date:

June 5, 2025

Pages:

102

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Energy Trading & Marketing [2]

Electricity [3]

Energy & Utilities [4]

Description:

The global Photovoltaic Grid-connected Solution 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.
Photovoltaic grid-connected solution refers to a solution that connects a solar photovoltaic (PV) system to the public grid, enabling self-consumption and excess power to be sold back to the grid. The Photovoltaic grid-connected system uses inverters to convert DC power to AC power which works in sync with the public grid. The electricity generated is then supplied to households or commercial/industrial facilities, while excess electricity is fed back into the grid and subsidized or sold, in accordance with national policies. Photovoltaic grid-connected solutions can improve the economic benefits of solar power generation systems, reduce dependence on the public grid, and have advantages such as being environmentally friendly, energy-saving, and sustainable, making them widely used in households, commercial, and industrial fields.
United States market for Photovoltaic Grid-connected Solution 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 Photovoltaic Grid-connected Solution 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 Photovoltaic Grid-connected Solution is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Photovoltaic Grid-connected Solution players cover Helios Photovoltaic, Growatt, Shenzhen INVT Electric Co., Ltd (INVT), Wuhan Union Better Technology, Projoy Electric Co., Ltd., etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The 鈥淧hotovoltaic Grid-connected Solution Industry Forecast鈥� looks at past sales and reviews total world Photovoltaic Grid-connected Solution sales in 2024, providing a comprehensive analysis by region and market sector of projected Photovoltaic Grid-connected Solution sales for 2025 through 2031. With Photovoltaic Grid-connected Solution sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Photovoltaic Grid-connected Solution industry.
This Insight Report provides a comprehensive analysis of the global Photovoltaic Grid-connected Solution landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Photovoltaic Grid-connected Solution portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Photovoltaic Grid-connected Solution market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Photovoltaic Grid-connected Solution 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 Photovoltaic Grid-connected Solution.
This report presents a comprehensive overview, market shares, and growth opportunities of Photovoltaic Grid-connected Solution market by product type, application, key players and key regions and countries.
Segmentation by Type:
Centralized Photovoltaic Grid-Connected Solution
Distributed Photovoltaic Grid-Connected Solution
Segmentation by Application:
Residential
Commercial
Industrial
Public Utilities
Others
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 analyzing the company's coverage, product portfolio, its market penetration.
Helios Photovoltaic
Growatt
Shenzhen INVT Electric Co., Ltd (INVT)
Wuhan Union Better Technology
Projoy Electric Co., Ltd.
East
AISWEI
Chang He Shen Yuan Hebei energy storage Technology Co., LTD
Siemens
Taizhou Guorui Electric Co., LTD
Cnsolarwind

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 Photovoltaic Grid-connected Solution Market Size (2020-2031)
2.1.2 Photovoltaic Grid-connected Solution Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Photovoltaic Grid-connected Solution by Country/Region (2020, 2024 & 2031)
2.2 Photovoltaic Grid-connected Solution Segment by Type
2.2.1 Centralized Photovoltaic Grid-Connected Solution
2.2.2 Distributed Photovoltaic Grid-Connected Solution
2.3 Photovoltaic Grid-connected Solution Market Size by Type
2.3.1 Photovoltaic Grid-connected Solution Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Photovoltaic Grid-connected Solution Market Size Market Share by Type (2020-2025)
2.4 Photovoltaic Grid-connected Solution Segment by Application
2.4.1 Residential
2.4.2 Commercial
2.4.3 Industrial
2.4.4 Public Utilities
2.4.5 Others
2.5 Photovoltaic Grid-connected Solution Market Size by Application
2.5.1 Photovoltaic Grid-connected Solution Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Photovoltaic Grid-connected Solution Market Size Market Share by Application (2020-2025)
3 Photovoltaic Grid-connected Solution Market Size by Player
3.1 Photovoltaic Grid-connected Solution Market Size Market Share by Player
3.1.1 Global Photovoltaic Grid-connected Solution Revenue by Player (2020-2025)
3.1.2 Global Photovoltaic Grid-connected Solution Revenue Market Share by Player (2020-2025)
3.2 Global Photovoltaic Grid-connected Solution Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Photovoltaic Grid-connected Solution by Region
4.1 Photovoltaic Grid-connected Solution Market Size by Region (2020-2025)
4.2 Global Photovoltaic Grid-connected Solution Annual Revenue by Country/Region (2020-2025)
4.3 Americas Photovoltaic Grid-connected Solution Market Size Growth (2020-2025)
4.4 APAC Photovoltaic Grid-connected Solution Market Size Growth (2020-2025)
4.5 Europe Photovoltaic Grid-connected Solution Market Size Growth (2020-2025)
4.6 Middle East & Africa Photovoltaic Grid-connected Solution Market Size Growth (2020-2025)
5 Americas
5.1 Americas Photovoltaic Grid-connected Solution Market Size by Country (2020-2025)
5.2 Americas Photovoltaic Grid-connected Solution Market Size by Type (2020-2025)
5.3 Americas Photovoltaic Grid-connected Solution Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Photovoltaic Grid-connected Solution Market Size by Region (2020-2025)
6.2 APAC Photovoltaic Grid-connected Solution Market Size by Type (2020-2025)
6.3 APAC Photovoltaic Grid-connected Solution Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Photovoltaic Grid-connected Solution Market Size by Country (2020-2025)
7.2 Europe Photovoltaic Grid-connected Solution Market Size by Type (2020-2025)
7.3 Europe Photovoltaic Grid-connected Solution Market Size 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 Photovoltaic Grid-connected Solution by Region (2020-2025)
8.2 Middle East & Africa Photovoltaic Grid-connected Solution Market Size by Type (2020-2025)
8.3 Middle East & Africa Photovoltaic Grid-connected Solution Market Size 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 Global Photovoltaic Grid-connected Solution Market Forecast
10.1 Global Photovoltaic Grid-connected Solution Forecast by Region (2026-2031)
10.1.1 Global Photovoltaic Grid-connected Solution Forecast by Region (2026-2031)
10.1.2 Americas Photovoltaic Grid-connected Solution Forecast
10.1.3 APAC Photovoltaic Grid-connected Solution Forecast
10.1.4 Europe Photovoltaic Grid-connected Solution Forecast
10.1.5 Middle East & Africa Photovoltaic Grid-connected Solution Forecast
10.2 Americas Photovoltaic Grid-connected Solution Forecast by Country (2026-2031)
10.2.1 United States Market Photovoltaic Grid-connected Solution Forecast
10.2.2 Canada Market Photovoltaic Grid-connected Solution Forecast
10.2.3 Mexico Market Photovoltaic Grid-connected Solution Forecast
10.2.4 Brazil Market Photovoltaic Grid-connected Solution Forecast
10.3 APAC Photovoltaic Grid-connected Solution Forecast by Region (2026-2031)
10.3.1 China Photovoltaic Grid-connected Solution Market Forecast
10.3.2 Japan Market Photovoltaic Grid-connected Solution Forecast
10.3.3 Korea Market Photovoltaic Grid-connected Solution Forecast
10.3.4 Southeast Asia Market Photovoltaic Grid-connected Solution Forecast
10.3.5 India Market Photovoltaic Grid-connected Solution Forecast
10.3.6 Australia Market Photovoltaic Grid-connected Solution Forecast
10.4 Europe Photovoltaic Grid-connected Solution Forecast by Country (2026-2031)
10.4.1 Germany Market Photovoltaic Grid-connected Solution Forecast
10.4.2 France Market Photovoltaic Grid-connected Solution Forecast
10.4.3 UK Market Photovoltaic Grid-connected Solution Forecast
10.4.4 Italy Market Photovoltaic Grid-connected Solution Forecast
10.4.5 Russia Market Photovoltaic Grid-connected Solution Forecast
10.5 Middle East & Africa Photovoltaic Grid-connected Solution Forecast by Region (2026-2031)
10.5.1 Egypt Market Photovoltaic Grid-connected Solution Forecast
10.5.2 South Africa Market Photovoltaic Grid-connected Solution Forecast
10.5.3 Israel Market Photovoltaic Grid-connected Solution Forecast
10.5.4 Turkey Market Photovoltaic Grid-connected Solution Forecast
10.6 Global Photovoltaic Grid-connected Solution Forecast by Type (2026-2031)
10.7 Global Photovoltaic Grid-connected Solution Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Photovoltaic Grid-connected Solution Forecast
11 Key Players Analysis
11.1 Helios Photovoltaic
11.1.1 Helios Photovoltaic Company Information
11.1.2 Helios Photovoltaic Photovoltaic Grid-connected Solution Product Offered
11.1.3 Helios Photovoltaic Photovoltaic Grid-connected Solution Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Helios Photovoltaic Main Business Overview
11.1.5 Helios Photovoltaic Latest Developments
11.2 Growatt
11.2.1 Growatt Company Information
11.2.2 Growatt Photovoltaic Grid-connected Solution Product Offered
11.2.3 Growatt Photovoltaic Grid-connected Solution Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Growatt Main Business Overview
11.2.5 Growatt Latest Developments
11.3 Shenzhen INVT Electric Co., Ltd (INVT)
11.3.1 Shenzhen INVT Electric Co., Ltd (INVT) Company Information
11.3.2 Shenzhen INVT Electric Co., Ltd (INVT) Photovoltaic Grid-connected Solution Product Offered
11.3.3 Shenzhen INVT Electric Co., Ltd (INVT) Photovoltaic Grid-connected Solution Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Shenzhen INVT Electric Co., Ltd (INVT) Main Business Overview
11.3.5 Shenzhen INVT Electric Co., Ltd (INVT) Latest Developments
11.4 Wuhan Union Better Technology
11.4.1 Wuhan Union Better Technology Company Information
11.4.2 Wuhan Union Better Technology Photovoltaic Grid-connected Solution Product Offered
11.4.3 Wuhan Union Better Technology Photovoltaic Grid-connected Solution Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Wuhan Union Better Technology Main Business Overview
11.4.5 Wuhan Union Better Technology Latest Developments
11.5 Projoy Electric Co., Ltd.
11.5.1 Projoy Electric Co., Ltd. Company Information
11.5.2 Projoy Electric Co., Ltd. Photovoltaic Grid-connected Solution Product Offered
11.5.3 Projoy Electric Co., Ltd. Photovoltaic Grid-connected Solution Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Projoy Electric Co., Ltd. Main Business Overview
11.5.5 Projoy Electric Co., Ltd. Latest Developments
11.6 East
11.6.1 East Company Information
11.6.2 East Photovoltaic Grid-connected Solution Product Offered
11.6.3 East Photovoltaic Grid-connected Solution Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 East Main Business Overview
11.6.5 East Latest Developments
11.7 AISWEI
11.7.1 AISWEI Company Information
11.7.2 AISWEI Photovoltaic Grid-connected Solution Product Offered
11.7.3 AISWEI Photovoltaic Grid-connected Solution Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 AISWEI Main Business Overview
11.7.5 AISWEI Latest Developments
11.8 Chang He Shen Yuan Hebei energy storage Technology Co., LTD
11.8.1 Chang He Shen Yuan Hebei energy storage Technology Co., LTD Company Information
11.8.2 Chang He Shen Yuan Hebei energy storage Technology Co., LTD Photovoltaic Grid-connected Solution Product Offered
11.8.3 Chang He Shen Yuan Hebei energy storage Technology Co., LTD Photovoltaic Grid-connected Solution Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Chang He Shen Yuan Hebei energy storage Technology Co., LTD Main Business Overview
11.8.5 Chang He Shen Yuan Hebei energy storage Technology Co., LTD Latest Developments
11.9 Siemens
11.9.1 Siemens Company Information
11.9.2 Siemens Photovoltaic Grid-connected Solution Product Offered
11.9.3 Siemens Photovoltaic Grid-connected Solution Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Siemens Main Business Overview
11.9.5 Siemens Latest Developments
11.10 Taizhou Guorui Electric Co., LTD
11.10.1 Taizhou Guorui Electric Co., LTD Company Information
11.10.2 Taizhou Guorui Electric Co., LTD Photovoltaic Grid-connected Solution Product Offered
11.10.3 Taizhou Guorui Electric Co., LTD Photovoltaic Grid-connected Solution Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Taizhou Guorui Electric Co., LTD Main Business Overview
11.10.5 Taizhou Guorui Electric Co., LTD Latest Developments
11.11 Cnsolarwind
11.11.1 Cnsolarwind Company Information
11.11.2 Cnsolarwind Photovoltaic Grid-connected Solution Product Offered
11.11.3 Cnsolarwind Photovoltaic Grid-connected Solution Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 Cnsolarwind Main Business Overview
11.11.5 Cnsolarwind Latest Developments
12 Research Findings and Conclusion

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