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市场调查报告书
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1889450

太阳能逆变器市场预测至2032年:按产品类型、相数、连接方式、应用、最终用户和地区分類的全球分析

Solar Inverter Market Forecasts to 2032 - Global Analysis By Product Type, Phase, Connectivity, Application, End User, and By Geography

出版日期: | 出版商: Stratistics Market Research Consulting | 英文 | 商品交期: 2-3个工作天内

价格

根据 Stratistics MRC 的一项研究,预计到 2025 年,全球太阳能逆变器市场价值将达到 130 亿美元,到 2032 年将达到 235 亿美元。

预计在预测期内,太阳能逆变器市场将以 8.8% 的复合年增长率成长。太阳能逆变器是一种将太阳能板产生的直流电 (DC) 转换为交流电 (AC) 的设备,交流电可供家庭、企业和电网使用。太阳能逆变器种类繁多,包括组串式串列型逆变器、集中式逆变器、微型逆变器以及整合式储能係统的混合逆变器。太阳能逆变器的优点包括:提高系统效率、实现安全稳定的电网连接、增强监控和故障检测能力、提高能源产量,以及支援家庭、企业和大型计划的智慧太阳能和储能方案。

根据国际可再生能源机构(IRENA)的《可再生能源成本评估报告》,到2023年,大规模太阳能光电的成本将降至每千瓦时约0.044美元。太阳能光电的快速普及也带动了对逆变器的需求。

太阳能发电系统成本下降与政府支持政策

太阳能发电系统成本下降和政府扶持政策是推动太阳能逆变器市场发展的关键因素。更便宜的组件和系统零件正在改善住宅、商业和业务部门的计划经济效益。各国政府透过上网电价补贴、税额扣抵、净计量和竞标计画等措施来支持这些趋势,从而保障开发商获得可预测的收入。此外,日益增长的气候变迁和能源安全目标促使各国制定了雄心勃勃的太阳能装置容量目标,从而持续推动全球新建设、改造计划和分散式屋顶光伏发电系统对高效可靠逆变器的需求。

可再生能源高渗透率带来的电网稳定性和併网挑战

高可再生能源渗透率带来的电网稳定性和併网挑战是限制太阳能逆变器部署的关键阻碍因素,尤其是在柔软性有限或基础设施老化的电网中。太阳能发电的峰值功率、电压波动和反向功率流会对配电系统和压力调节器造成压力,导致电网併网规则收紧。因此,开发商可能面临限电、额外的电网併网规则要求或昂贵的电网加强投资。此外,审批延迟和併网等待时间会延长计划工期,儘管政策支援力度强劲,但仍会进一步抑制近期对先进逆变器的需求。

与智慧家庭和虚拟电厂(VPP)生态系统的集成

与智慧家庭和虚拟电厂 (VPP) 生态系统的集成,透过将用户侧系统转变为灵活的电网资源,为逆变器製造商创造了巨大的机会。内建通讯、监控和控制功能的高级逆变器使聚合商能够汇集住宅和商业系统,并提供需量反应、频率调节和容量服务。此外,将逆变器与电池储能、电动车充电和家庭能源管理平台结合,开启了极具吸引力的全新业务收益和收费系统优化方案,鼓励公共产业、零售商和技术合作伙伴在扩充性的软体主导经营模式方面展开合作。

互联并联型系统的网路安全风险

随着太阳能逆变器变得越来越智慧、连网和可远端配置,併网系统的网路安全风险日益严峻。通讯介面、韧体和云端平台中的漏洞可能使恶意攻击者能够中断电力传输、篡改资料并侵犯客户隐私。此外,监管机构和电力公司不断提高对身分验证、加密和修补程式管理的要求,增加了製造商和安装商的合规成本。未能解决这些风险可能会严重削弱相关人员的信任,延缓数位化进程,并使营运商在全球范围内面临经济处罚和声誉损害。

新冠疫情的感染疾病:

疫情初期,封锁措施导致生产、物流和计划执行中断,太阳能逆变器市场成长放缓,大型电站和商业设施的安装也因此延期。然而,由于在家工作趋势和部分市场的经济奖励策略,住宅需求展现出更强的韧性。随着限制措施的逐步放宽,延期计划陆续復工,竞标也随之增加。政策制定者也加强了绿色復苏政策,进一步推动了市场发展。此外,这次疫情也凸显了供应链过度集中的风险,促使企业寻求采购多元化,并更加重视数位化试运行、远端监控和未来服务模式。

预计在预测期内,串列型逆变器细分市场将占据最大的市场份额。

预计在预测期内,串列型逆变器将占据最大的市场份额,这主要得益于屋顶和商业系统的强劲需求,这些计划的业主优先考虑的是更高的控制精度和更快的故障隔离速度。安装商则重视简化的布线和柔软性的布局,因为这些特性可以缩短安装时间并降低系统平衡成本。此外,分散式发电和净计量方案的政策奖励正在推动能够最大限度地提高站点发电量的设计,从而刺激了成熟太阳能市场和新兴经济体对群组串式架构的需求。

预计在预测期内,併网/市电并网系统将实现最高的复合年增长率。

预计在预测期内,併网/市电并网领域将实现最高增长率,这主要得益于住宅、商业和公用事业领域併并联型光伏发电的快速增长。许多政府正透过竞标、屋顶光电安装计画和企业购电协议(PPA)等方式优先发展併网容量,直接转化为对併网逆变器的需求。此外,更低的平准化度电成本(LCOE)、更完善的资金筹措结构以及更先进的电网规划工具,使得规模更大、更复杂的计划成为可能,从而进一步加速向能够支援辅助服务和电网稳定功能的高阶逆变器过渡。

占比最大的地区:

预计亚太地区在预测期内将维持最大的市场份额,这主要得益于中国、印度和其他新兴经济体的大规模太阳能装机。快速的都市化、不断增长的电力需求以及强有力的政策框架(例如竞标、屋顶安装奖励和製造支援计划)都推动了逆变器的消费。此外,该地区汇聚了许多全球主要供应商,使其能够提供具有竞争力的价格和快速的交货时间。这些因素共同巩固了亚太地区作为太阳能逆变器主要需求和生产中心的地位。

年复合成长率最高的地区:

预计亚太地区在预测期内将实现最高的复合年增长率,这主要得益于不断扩大的太阳能目标、光伏成本的下降以及发展中市场电气化程度的提高。公用事业规模计划、工业屋顶光电装置和社区太阳能计画的扩张,正在创造对先进逆变器解决方案的强劲需求。此外,不断成长的本地製造业、有利的资金筹措环境以及区域供应链的深度,都为具有竞争力的计划经济效益提供了支撑。随着政策制定者继续优先发展清洁能源和电网扩建,亚太地区仍将是逆变器需求成长的关键驱动力。

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目录

第一章执行摘要

第二章 前言

  • 摘要
  • 相关利益者
  • 调查范围
  • 调查方法
  • 研究材料

第三章 市场趋势分析

  • 司机
  • 抑制因素
  • 机会
  • 威胁
  • 产品分析
  • 应用分析
  • 终端用户分析
  • 新兴市场
  • 新冠疫情的感染疾病

第四章 波特五力分析

  • 供应商的议价能力
  • 买方的议价能力
  • 替代品的威胁
  • 新进入者的威胁
  • 竞争对手之间的竞争

5. 全球太阳能逆变器市场(依产品类型划分)

  • 串列型逆变器
  • 中央逆变器
  • 微型逆变器
  • 混合逆变器

第六章 全球太阳能逆变器市场(以相数划分)

  • 单相逆变器
  • 三相逆变器

7. 全球太阳能逆变器市场按连接类型划分

  • 并网型
  • 离网

第八章 全球太阳能逆变器市场(按应用划分)

  • 公用事业规模(超过1兆瓦)
  • 商用及工业用(C&I)(20kW 至 1MW)
  • 住宅(20kW 或以下)

9. 全球太阳能逆变器市场(按最终用户划分)

  • 新安装
  • 维修和更换

第十章 全球太阳能逆变器市场(按地区划分)

  • 北美洲
    • 美国
    • 加拿大
    • 墨西哥
  • 欧洲
    • 德国
    • 英国
    • 义大利
    • 法国
    • 西班牙
    • 其他欧洲
  • 亚太地区
    • 日本
    • 中国
    • 印度
    • 澳洲
    • 纽西兰
    • 韩国
    • 亚太其他地区
  • 南美洲
    • 阿根廷
    • 巴西
    • 智利
    • 其他南美国家
  • 中东和非洲
    • 沙乌地阿拉伯
    • 阿拉伯聯合大公国
    • 卡达
    • 南非
    • 其他中东和非洲地区

第十一章 重大进展

  • 协议、伙伴关係、合作和合资企业
  • 併购
  • 新产品发布
  • 业务拓展
  • 其他关键策略

第十二章:企业概况

  • Huawei Technologies Co., Ltd.
  • Sungrow Power Supply Co., Ltd.
  • SMA Solar Technology AG
  • SolarEdge Technologies Inc.
  • Enphase Energy, Inc.
  • Fronius International GmbH
  • Delta Electronics, Inc.
  • Ginlong Technologies Co., Ltd.
  • Growatt New Energy Technology Co., Ltd.
  • Sineng Electric Co., Ltd.
  • GoodWe Technologies Co., Ltd.
  • TMEIC(Toshiba Mitsubishi-Electric Industrial Systems Corporation)
  • Schneider Electric SE
  • ABB Ltd.
  • Power Electronics SL
Product Code: SMRC32822

According to Stratistics MRC, the Global Solar Inverter Market is accounted for $13.0 billion in 2025 and is expected to reach $23.5 billion by 2032, growing at a CAGR of 8.8% during the forecast period. The solar inverter is a device that converts direct current (DC) from solar panels into alternating current (AC), which is usable by homes, businesses, and the grid. It includes various types such as string inverters, central inverters, microinverters, and hybrid inverters with storage integration. The advantages of solar inverters include better system efficiency, a safe and steady link to the grid, better monitoring and issue detection, more energy production, and support for smart solar and storage options in homes, businesses, and large projects.

According to IRENA's renewable-cost reviews, utility-scale solar PV electricity costs fell to around USD 0.044/kWh in 2023 the rapid scale of PV deployment underpins demand for inverters.

Market Dynamics:

Driver:

Falling costs of solar PV systems and supportive government policies

Falling costs of solar PV systems and supportive government policies are a central driver for the solar inverter market, as cheaper modules and balance-of-system components improve project economics across residential, commercial, and utility segments. Governments are backing these trends through feed-in tariffs, tax credits, net-metering schemes, and auction programs that lock in predictable revenues for developers. Moreover, higher climate and energy-security ambitions are translating into aggressive solar capacity targets, sustaining demand for efficient, reliable inverters across new builds, repowering projects, and distributed rooftop installations worldwide.

Restraint:

Grid stability and integration challenges with high renewable penetration

Grid stability and integration challenges with high renewable penetration act as a key restraint on solar inverter deployment, particularly in networks with limited flexibility or aging infrastructure. Rapid ramps in solar output, voltage fluctuations, and reverse power flows can strain distribution systems and force regulators to tighten interconnection rules. Consequently, developers may face curtailment, additional grid-code requirements, or costly reinforcement investments. Additionally, delays in permitting and grid connection queues can slow project timelines, further tempering short-term demand for advanced inverters despite strong underlying policy support.

Opportunity:

Integration with smart home and virtual power plant (VPP) ecosystems

Integration with smart home and virtual power plant (VPP) ecosystems is creating a significant opportunity for inverter manufacturers by turning behind-the-meter systems into flexible grid resources. Advanced inverters with embedded communication, monitoring, and control capabilities allow aggregators to pool residential and commercial systems for demand response, frequency regulation, and capacity services. Furthermore, pairing inverters with battery storage, EV charging, and home energy management platforms enables attractive new service revenues and tariff optimization, encouraging utilities, retailers, and technology partners to collaborate on scalable, software-driven business models.

Threat:

Cybersecurity risks for connected grid-tied systems

Cybersecurity risks for connected grid-tied systems represent a growing threat as solar inverters become more intelligent, networked, and remotely configurable. Vulnerabilities in communication interfaces, firmware, or cloud platforms could allow malicious actors to disrupt power flows, manipulate data, or compromise customer privacy. Moreover, regulators and utilities are tightening expectations on authentication, encryption, and patch management, raising compliance costs for manufacturers and installers. Failure to address these risks could significantly undermine stakeholder confidence, slow digitalization efforts, and expose operators to financial penalties and reputational damage globally.

Covid-19 Impact:

The pandemic initially slowed the solar inverter market as lockdowns disrupted manufacturing, logistics, and project execution, causing delays in utility-scale and commercial installations. Residential demand proved more resilient, supported by work-from-home trends and stimulus measures in some markets. As restrictions eased, deferred projects restarted and tender pipelines resumed, while policymakers reinforced green recovery agendas. Additionally, the experience highlighted supply-chain concentration risks, encouraging diversification of sourcing and greater focus on digital commissioning, remote monitoring, and future service models.

The string inverters segment is expected to be the largest during the forecast period

The string inverters segment is expected to account for the largest market share during the forecast period, supported by strong uptake in rooftop and commercial systems where project owners prioritize granular control and rapid fault isolation. Installers appreciate the simpler wiring and layout flexibility, which can reduce labor time and BOS costs. Additionally, policy incentives for distributed generation and net-metering schemes favor designs that maximize site yield, reinforcing demand for string architectures across both mature solar markets and emerging economies.

The on-grid/grid-tied segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the on-grid/grid-tied segment is predicted to witness the highest growth rate, underpinned by accelerating grid-connected solar additions in residential, commercial, and utility applications. Many governments are prioritizing grid-integrated capacity through auctions, rooftop programs, and corporate PPAs, which directly translate into demand for grid-tied inverters. Moreover, declining LCOE, improved financing structures, and better grid-planning tools are strongly enabling larger, more complex projects, further reinforcing the shift toward sophisticated inverters capable of supporting ancillary services and grid-stability functions.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, supported by massive solar deployments in China, India, and other emerging economies. Rapid urbanization, rising electricity demand, and strong policy frameworks such as auctions, rooftop incentives, and manufacturing support programs underpin inverter consumption. Additionally, the region hosts major global suppliers, enabling competitive pricing and shorter lead times. Together, these factors consolidate Asia Pacific's position as the primary demand and production hub for solar inverters.

Region with highest CAGR:

During the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR, driven by expanding solar targets, falling PV costs, and electrification across developing markets. Utility-scale projects, industrial rooftops, and community solar schemes are scaling, creating strong pull-through for advanced inverter solutions. Moreover, local manufacturing expansion, favorable financing, and regional supply chain depth support competitive project economics. As policymakers continue to prioritize clean energy and grid expansion, Asia Pacific remains the key engine of incremental inverter demand.

Key players in the market

Some of the key players in Solar Inverter Market include Huawei Technologies Co., Ltd., Sungrow Power Supply Co., Ltd., SMA Solar Technology AG, SolarEdge Technologies Inc., Enphase Energy, Inc., Fronius International GmbH, Delta Electronics, Inc., Ginlong Technologies Co., Ltd., Growatt New Energy Technology Co., Ltd., Sineng Electric Co., Ltd., GoodWe Technologies Co., Ltd., TMEIC (Toshiba Mitsubishi-Electric Industrial Systems Corporation), Schneider Electric SE, ABB Ltd., and Power Electronics S.L.

Key Developments:

In November 2025, Growatt showcased next-gen inverters at REI Expo India 2025, including MOD 15KTL3-X2 and MID 50KTL3-X2 for C&I with 98.8% efficiency, plus MAX 125KTL3-X2 LV and MAX 350KTL3-X utility-scale models.

In June 2025, Huawei Digital Power partnered with Peak Energy, signing an MoU at SNEC 2025 to deploy 700MWp C&I solar projects across APAC using Huawei's Smart PV solutions, including advanced inverters and energy storage.

In June 2025, Sungrow launched the next-generation 1+X 2.0 Modular Inverter at SNEC 2025, featuring IP66 protection, AI-driven fault detection, and grid-forming capabilities for utility-scale PV.

Product Types Covered:

  • String Inverters
  • Central Inverters
  • Microinverters
  • Hybrid Inverters

Phases Covered:

  • Single-Phase Inverters
  • Three-Phase Inverters

Connectivity's Covered:

  • On-Grid/Grid-Tied
  • Off-Grid

Applications Covered:

  • Utility-Scale (> 1 MW)
  • Commercial & Industrial (C&I) (20 kW - 1 MW)
  • Residential (<= 20 kW)

End Users Covered:

  • New Installations
  • Retrofit/Replacement

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Product Analysis
  • 3.7 Application Analysis
  • 3.8 End User Analysis
  • 3.9 Emerging Markets
  • 3.10 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Solar Inverter Market, By Product Type

  • 5.1 Introduction
  • 5.2 String Inverters
  • 5.3 Central Inverters
  • 5.4 Microinverters
  • 5.5 Hybrid Inverters

6 Global Solar Inverter Market, By Phase

  • 6.1 Introduction
  • 6.2 Single-Phase Inverters
  • 6.3 Three-Phase Inverters

7 Global Solar Inverter Market, By Connectivity

  • 7.1 Introduction
  • 7.2 On-Grid/Grid-Tied
  • 7.3 Off-Grid

8 Global Solar Inverter Market, By Application

  • 8.1 Introduction
  • 8.2 Utility-Scale (> 1 MW)
  • 8.3 Commercial & Industrial (C&I) (20 kW - 1 MW)
  • 8.4 Residential (<= 20 kW)

9 Global Solar Inverter Market, By End User

  • 9.1 Introduction
  • 9.2 New Installations
  • 9.3 Retrofit/Replacement

10 Global Solar Inverter Market, By Geography

  • 10.1 Introduction
  • 10.2 North America
    • 10.2.1 US
    • 10.2.2 Canada
    • 10.2.3 Mexico
  • 10.3 Europe
    • 10.3.1 Germany
    • 10.3.2 UK
    • 10.3.3 Italy
    • 10.3.4 France
    • 10.3.5 Spain
    • 10.3.6 Rest of Europe
  • 10.4 Asia Pacific
    • 10.4.1 Japan
    • 10.4.2 China
    • 10.4.3 India
    • 10.4.4 Australia
    • 10.4.5 New Zealand
    • 10.4.6 South Korea
    • 10.4.7 Rest of Asia Pacific
  • 10.5 South America
    • 10.5.1 Argentina
    • 10.5.2 Brazil
    • 10.5.3 Chile
    • 10.5.4 Rest of South America
  • 10.6 Middle East & Africa
    • 10.6.1 Saudi Arabia
    • 10.6.2 UAE
    • 10.6.3 Qatar
    • 10.6.4 South Africa
    • 10.6.5 Rest of Middle East & Africa

11 Key Developments

  • 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 11.2 Acquisitions & Mergers
  • 11.3 New Product Launch
  • 11.4 Expansions
  • 11.5 Other Key Strategies

12 Company Profiling

  • 12.1 Huawei Technologies Co., Ltd.
  • 12.2 Sungrow Power Supply Co., Ltd.
  • 12.3 SMA Solar Technology AG
  • 12.4 SolarEdge Technologies Inc.
  • 12.5 Enphase Energy, Inc.
  • 12.6 Fronius International GmbH
  • 12.7 Delta Electronics, Inc.
  • 12.8 Ginlong Technologies Co., Ltd.
  • 12.9 Growatt New Energy Technology Co., Ltd.
  • 12.10 Sineng Electric Co., Ltd.
  • 12.11 GoodWe Technologies Co., Ltd.
  • 12.12 TMEIC (Toshiba Mitsubishi-Electric Industrial Systems Corporation)
  • 12.13 Schneider Electric SE
  • 12.14 ABB Ltd.
  • 12.15 Power Electronics S.L.

List of Tables

  • Table 1 Global Solar Inverter Market Outlook, By Region (2024-2032) ($MN)
  • Table 2 Global Solar Inverter Market Outlook, By Product Type (2024-2032) ($MN)
  • Table 3 Global Solar Inverter Market Outlook, By String Inverters (2024-2032) ($MN)
  • Table 4 Global Solar Inverter Market Outlook, By Central Inverters (2024-2032) ($MN)
  • Table 5 Global Solar Inverter Market Outlook, By Microinverters (2024-2032) ($MN)
  • Table 6 Global Solar Inverter Market Outlook, By Hybrid Inverters (2024-2032) ($MN)
  • Table 7 Global Solar Inverter Market Outlook, By Phase (2024-2032) ($MN)
  • Table 8 Global Solar Inverter Market Outlook, By Single-Phase Inverters (2024-2032) ($MN)
  • Table 9 Global Solar Inverter Market Outlook, By Three-Phase Inverters (2024-2032) ($MN)
  • Table 10 Global Solar Inverter Market Outlook, By Connectivity (2024-2032) ($MN)
  • Table 11 Global Solar Inverter Market Outlook, By On-Grid/Grid-Tied (2024-2032) ($MN)
  • Table 12 Global Solar Inverter Market Outlook, By Off-Grid (2024-2032) ($MN)
  • Table 13 Global Solar Inverter Market Outlook, By Application (2024-2032) ($MN)
  • Table 14 Global Solar Inverter Market Outlook, By Utility-Scale (> 1 MW) (2024-2032) ($MN)
  • Table 15 Global Solar Inverter Market Outlook, By Commercial & Industrial (C&I) (20 kW - 1 MW) (2024-2032) ($MN)
  • Table 16 Global Solar Inverter Market Outlook, By Residential (= 20 kW) (2024-2032) ($MN)
  • Table 17 Global Solar Inverter Market Outlook, By End User (2024-2032) ($MN)
  • Table 18 Global Solar Inverter Market Outlook, By New Installations (2024-2032) ($MN)
  • Table 19 Global Solar Inverter Market Outlook, By Retrofit/Replacement (2024-2032) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.