Global Residential Solar Inverter Market Growth 2025-2031

Publication ID:

LPI02252489

Publication Date:

February 26, 2025

Pages:

124

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Semiconductors [2]

Manufacturing (Computing & Electronics) [3]

Computing & Electronics [4]

Description:

The global Residential Solar Inverter 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.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China"s photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan"s newly installed photovoltaic capacity was 3.255 GW.
The 鈥淩esidential Solar Inverter Industry Forecast鈥� looks at past sales and reviews total world Residential Solar Inverter sales in 2024, providing a comprehensive analysis by region and market sector of projected Residential Solar Inverter sales for 2025 through 2031. With Residential Solar Inverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Residential Solar Inverter industry.
This Insight Report provides a comprehensive analysis of the global Residential Solar Inverter 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 Residential Solar Inverter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Residential Solar Inverter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Residential Solar Inverter 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 Residential Solar Inverter.
This report presents a comprehensive overview, market shares, and growth opportunities of Residential Solar Inverter market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
String Solar Inverter
Hybrid Inverter
Others
Segmentation by Application:
Community
Apartment
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 analysing the company's coverage, product portfolio, its market penetration.
SMA Solar Technology
Fronius
HUAWEI
Sungrow
GoodWe
KOSTAL Solar Electric
Delta
Growatt
Solax Power
SolarEdge
LG Energy Solution
Redback Technologies
KACO
Key Questions Addressed in this Report
What is the 10-year outlook for the global Residential Solar Inverter market?
What factors are driving Residential Solar Inverter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Residential Solar Inverter market opportunities vary by end market size?
How does Residential Solar Inverter 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 Residential Solar Inverter Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Residential Solar Inverter by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Residential Solar Inverter by Country/Region, 2020, 2024 & 2031
2.2 Residential Solar Inverter Segment by Type
2.2.1 String Solar Inverter
2.2.2 Hybrid Inverter
2.2.3 Others
2.3 Residential Solar Inverter Sales by Type
2.3.1 Global Residential Solar Inverter Sales Market Share by Type (2020-2025)
2.3.2 Global Residential Solar Inverter Revenue and Market Share by Type (2020-2025)
2.3.3 Global Residential Solar Inverter Sale Price by Type (2020-2025)
2.4 Residential Solar Inverter Segment by Application
2.4.1 Community
2.4.2 Apartment
2.4.3 Others
2.5 Residential Solar Inverter Sales by Application
2.5.1 Global Residential Solar Inverter Sale Market Share by Application (2020-2025)
2.5.2 Global Residential Solar Inverter Revenue and Market Share by Application (2020-2025)
2.5.3 Global Residential Solar Inverter Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Residential Solar Inverter Breakdown Data by Company
3.1.1 Global Residential Solar Inverter Annual Sales by Company (2020-2025)
3.1.2 Global Residential Solar Inverter Sales Market Share by Company (2020-2025)
3.2 Global Residential Solar Inverter Annual Revenue by Company (2020-2025)
3.2.1 Global Residential Solar Inverter Revenue by Company (2020-2025)
3.2.2 Global Residential Solar Inverter Revenue Market Share by Company (2020-2025)
3.3 Global Residential Solar Inverter Sale Price by Company
3.4 Key Manufacturers Residential Solar Inverter Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Residential Solar Inverter Product Location Distribution
3.4.2 Players Residential Solar Inverter 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 Residential Solar Inverter by Geographic Region
4.1 World Historic Residential Solar Inverter Market Size by Geographic Region (2020-2025)
4.1.1 Global Residential Solar Inverter Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Residential Solar Inverter Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Residential Solar Inverter Market Size by Country/Region (2020-2025)
4.2.1 Global Residential Solar Inverter Annual Sales by Country/Region (2020-2025)
4.2.2 Global Residential Solar Inverter Annual Revenue by Country/Region (2020-2025)
4.3 Americas Residential Solar Inverter Sales Growth
4.4 APAC Residential Solar Inverter Sales Growth
4.5 Europe Residential Solar Inverter Sales Growth
4.6 Middle East & Africa Residential Solar Inverter Sales Growth
5 Americas
5.1 Americas Residential Solar Inverter Sales by Country
5.1.1 Americas Residential Solar Inverter Sales by Country (2020-2025)
5.1.2 Americas Residential Solar Inverter Revenue by Country (2020-2025)
5.2 Americas Residential Solar Inverter Sales by Type (2020-2025)
5.3 Americas Residential Solar Inverter Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Residential Solar Inverter Sales by Region
6.1.1 APAC Residential Solar Inverter Sales by Region (2020-2025)
6.1.2 APAC Residential Solar Inverter Revenue by Region (2020-2025)
6.2 APAC Residential Solar Inverter Sales by Type (2020-2025)
6.3 APAC Residential Solar Inverter 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 Residential Solar Inverter by Country
7.1.1 Europe Residential Solar Inverter Sales by Country (2020-2025)
7.1.2 Europe Residential Solar Inverter Revenue by Country (2020-2025)
7.2 Europe Residential Solar Inverter Sales by Type (2020-2025)
7.3 Europe Residential Solar Inverter 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 Residential Solar Inverter by Country
8.1.1 Middle East & Africa Residential Solar Inverter Sales by Country (2020-2025)
8.1.2 Middle East & Africa Residential Solar Inverter Revenue by Country (2020-2025)
8.2 Middle East & Africa Residential Solar Inverter Sales by Type (2020-2025)
8.3 Middle East & Africa Residential Solar Inverter 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 Residential Solar Inverter
10.3 Manufacturing Process Analysis of Residential Solar Inverter
10.4 Industry Chain Structure of Residential Solar Inverter
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Residential Solar Inverter Distributors
11.3 Residential Solar Inverter Customer
12 World Forecast Review for Residential Solar Inverter by Geographic Region
12.1 Global Residential Solar Inverter Market Size Forecast by Region
12.1.1 Global Residential Solar Inverter Forecast by Region (2026-2031)
12.1.2 Global Residential Solar Inverter 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 Residential Solar Inverter Forecast by Type (2026-2031)
12.7 Global Residential Solar Inverter Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 SMA Solar Technology
13.1.1 SMA Solar Technology Company Information
13.1.2 SMA Solar Technology Residential Solar Inverter Product Portfolios and Specifications
13.1.3 SMA Solar Technology Residential Solar Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 SMA Solar Technology Main Business Overview
13.1.5 SMA Solar Technology Latest Developments
13.2 Fronius
13.2.1 Fronius Company Information
13.2.2 Fronius Residential Solar Inverter Product Portfolios and Specifications
13.2.3 Fronius Residential Solar Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Fronius Main Business Overview
13.2.5 Fronius Latest Developments
13.3 HUAWEI
13.3.1 HUAWEI Company Information
13.3.2 HUAWEI Residential Solar Inverter Product Portfolios and Specifications
13.3.3 HUAWEI Residential Solar Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 HUAWEI Main Business Overview
13.3.5 HUAWEI Latest Developments
13.4 Sungrow
13.4.1 Sungrow Company Information
13.4.2 Sungrow Residential Solar Inverter Product Portfolios and Specifications
13.4.3 Sungrow Residential Solar Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Sungrow Main Business Overview
13.4.5 Sungrow Latest Developments
13.5 GoodWe
13.5.1 GoodWe Company Information
13.5.2 GoodWe Residential Solar Inverter Product Portfolios and Specifications
13.5.3 GoodWe Residential Solar Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 GoodWe Main Business Overview
13.5.5 GoodWe Latest Developments
13.6 KOSTAL Solar Electric
13.6.1 KOSTAL Solar Electric Company Information
13.6.2 KOSTAL Solar Electric Residential Solar Inverter Product Portfolios and Specifications
13.6.3 KOSTAL Solar Electric Residential Solar Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 KOSTAL Solar Electric Main Business Overview
13.6.5 KOSTAL Solar Electric Latest Developments
13.7 Delta
13.7.1 Delta Company Information
13.7.2 Delta Residential Solar Inverter Product Portfolios and Specifications
13.7.3 Delta Residential Solar Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Delta Main Business Overview
13.7.5 Delta Latest Developments
13.8 Growatt
13.8.1 Growatt Company Information
13.8.2 Growatt Residential Solar Inverter Product Portfolios and Specifications
13.8.3 Growatt Residential Solar Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Growatt Main Business Overview
13.8.5 Growatt Latest Developments
13.9 Solax Power
13.9.1 Solax Power Company Information
13.9.2 Solax Power Residential Solar Inverter Product Portfolios and Specifications
13.9.3 Solax Power Residential Solar Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Solax Power Main Business Overview
13.9.5 Solax Power Latest Developments
13.10 SolarEdge
13.10.1 SolarEdge Company Information
13.10.2 SolarEdge Residential Solar Inverter Product Portfolios and Specifications
13.10.3 SolarEdge Residential Solar Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 SolarEdge Main Business Overview
13.10.5 SolarEdge Latest Developments
13.11 LG Energy Solution
13.11.1 LG Energy Solution Company Information
13.11.2 LG Energy Solution Residential Solar Inverter Product Portfolios and Specifications
13.11.3 LG Energy Solution Residential Solar Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 LG Energy Solution Main Business Overview
13.11.5 LG Energy Solution Latest Developments
13.12 Redback Technologies
13.12.1 Redback Technologies Company Information
13.12.2 Redback Technologies Residential Solar Inverter Product Portfolios and Specifications
13.12.3 Redback Technologies Residential Solar Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Redback Technologies Main Business Overview
13.12.5 Redback Technologies Latest Developments
13.13 KACO
13.13.1 KACO Company Information
13.13.2 KACO Residential Solar Inverter Product Portfolios and Specifications
13.13.3 KACO Residential Solar Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 KACO Main Business Overview
13.13.5 KACO Latest Developments
14 Research Findings and Conclusion

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