商业太阳能光电逆变器市场 - 2018-2028 年全球产业规模、份额、趋势、机会和预测(按类型、阶段、连接类型、地区、竞争细分)
市场调查报告书
商品编码
1373037

商业太阳能光电逆变器市场 - 2018-2028 年全球产业规模、份额、趋势、机会和预测(按类型、阶段、连接类型、地区、竞争细分)

Commercial Solar PV Inverter Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Type, by Phase, by Connection Type, By Region, Competition 2018-2028

出版日期: | 出版商: TechSci Research | 英文 178 Pages | 商品交期: 2-3个工作天内

价格

We offer 8 hour analyst time for an additional research. Please contact us for the details.

简介目录

2022 年全球商用太阳能光电逆变器市场估值为 26.3 亿美元,预计在预测期内将大幅成长,预计到 2028 年将维持 4.98% 的强劲复合年增长率 (CAGR)。该市场涵盖全球范围内从事光伏(PV) 逆变器製造、分销和销售的行业。这些逆变器通常称为太阳能逆变器,作为太阳能发电系统的组成部分,在将太阳能电池板产生的直流电转换为交流电方面发挥着至关重要的作用,适用于各种应用,包括住宅、商业以及与电网的整合。

主要市场驱动因素

政府激励措施和政策

市场概况
预测期 2024-2028
2022 年市场规模 26.3亿美元
2028 年市场规模 37亿美元
2023-2028 年复合年增长率 4.98%
成长最快的细分市场 中央逆变器
最大的市场 亚太

政府的诱因和政策在推动全球商用太阳能光电逆变器市场的快速扩张和持续成长方面发挥了关键作用。这些激励措施和政策为企业投资太阳能係统创造了支持性环境,特别是在商业领域。以下是对其影响的更详细分析:首先,税收抵免、赠款和补贴等政府激励措施显着降低了希望采用太阳能光电系统的企业的财务障碍。这些激励措施直接降低了与购买和安装商用太阳能光电逆变器和麵板相关的前期成本。因此,企业发现转向太阳能在经济上更具吸引力,因为它可以立即带来投资回报并节省长期能源成本。

成本降低将推动全球商业太阳能光电逆变器市场

成本降低是持续推动全球商业太阳能光电逆变器市场成长的关键驱动力。随着太阳能技术的发展,规模经济的实现,製造流程变得更加高效,太阳能光电逆变器的成本稳定下降。这种持续的趋势对商业实体采用太阳能係统产生了深远的影响。以下深入分析成本降低如何推动商用太阳能光电逆变器市场:首先,太阳能光电逆变器技术的进步提高了效率,从而实现更好的能源转换并减少能源损失。这种更高的效率转化为更好的性能,使商业太阳能光电系统更具吸引力,因为它们可以利用相同量的阳光产生更多的电力。因此,企业可以更快获得投资回报,使太阳能光电系统成为经济上有吸引力的选择。

此外,多年来,太阳能光电逆变器的製造成本已大幅下降。这种减少源于多种因素,包括改进的製造流程、更好的材料以及逆变器製造商之间竞争的加剧。随着製造成本的降低,太阳能光电系统的整体成本(包括逆变器、太阳能板和安装)对于商业客户来说变得更实惠。规模经济在推动成本降低方面也扮演着至关重要的角色。随着商业太阳能光电市场的成长,製造商可以大量生产逆变器,从而降低单位生产成本。反过来,这有利于希望投资太阳能光电系统的企业,因为他们可以以更具竞争力的价格获得高品质的逆变器。

此外,太阳能板成本的下降与光电逆变器成本的下降相辅相成。太阳能电池板是太阳能光电系统的重要组成部分,随着其价格下降,整个系统成本也会下降。较低的电池板和逆变器成本之间的协同作用增强了商业太阳能光电系统的价值主张。总之,降低成本是全球商业太阳能光电逆变器市场的根本驱动力。它使太阳能发电系统对企业来说越来越容易获得和经济上可行,从而促进他们向清洁和永续能源的过渡。随着技术的不断进步和规模经济的实现,商用太阳能光电逆变器市场可能会持续成长,为全球商业企业提供具有成本效益的能源解决方案。

主要市场挑战

全球商用太阳能光电逆变器市场面临的主要挑战之一是电网併网和电网稳定性问题。虽然太阳能发电具有许多优势,但其间歇性却为电网营运商和商业企业带来了挑战。商业太阳能光电系统在阳光照射时发电,在阴天或夜间条件下可能无法发电。当太阳能输出快速波动时,这种间歇性会对电网带来压力。供电突变引起的电网不稳定会导致电压和频率波动,潜在影响供电的可靠性。

为了应对这项挑战,开发了具有电网支援功能的先进併网逆变器。这些逆变器可以根据电网状况调整功率输出,有助于稳定电网。然而,确保太阳能光电系统与电网的无缝整合仍然是一个复杂的工程和监管挑战。此外,电网法规和标准因地区而异,使得太阳能光电逆变器难以满足多组要求。实现电网规范和互连标准的协调和标准化对于促进商业太阳能光电系统的广泛采用至关重要。

电网整合的挑战也延伸到能源储存问题。虽然储能係统可以透过储存多余的太阳能以供以后使用来帮助减少间歇性,但将储存与太阳能光电逆变器整合需要仔细的设计和管理,以优化系统性能和成本效益。总之,电网整合和电网稳定性是全球商业太阳能光电逆变器市场的关键挑战。应对这项挑战需要太阳能产业利益相关者、电网营运商和监管机构之间持续合作,开发标准化解决方案,使太阳能光电系统无缝整合到电网中,同时确保稳定性和可靠性。

主要市场趋势

电池市场的进步

近年来,为了缓解气候变迁和解决能源安全问题,对永续和清洁能源的需求不断增加,全球能源格局迅速发展。在此背景下,太阳能光伏(PV)系统已成为关键参与者,它提供了一种可行且可扩展的解决方案来利用太阳能并将其转化为电力。太阳能光电系统高效运作的核心是商用太阳能光电逆变器。这些设备将太阳能板产生的直流电 (DC) 转换为可用的交流电 (AC),已成为塑造全球商业太阳能光伏逆变器市场的关键。

再生能源需求不断成长

推动商业太阳能光电逆变器市场的最显着趋势之一是全球向再生能源的转变。随着人们对化石燃料对环境影响的担忧日益加剧,世界各国正在製定雄心勃勃的再生能源目标。太阳能由于其丰富性和固有的可持续性而获得了巨大的吸引力。商业太阳能光电逆变器是太阳能係统不可或缺的一部分,随着太阳能应用的不断增加,其需求也不断增加。政府、企业和消费者都认识到太阳能的经济和环境效益,这进一步推动了商业太阳能光电逆变器市场的成长。

技术进步

技术进步将在推动全球商业太阳能光电逆变器市场达到新高度方面发挥关键作用。这些逆变器是太阳能係统的支柱,将太阳能电池板产生的直流电 (DC) 转换为交流电 (AC),用于商业和工业应用。首先,逆变器效率的进步至关重要。半导体材料和电力电子技术的创新促进了高效能逆变器的发展。更高的效率意味着相同量的阳光可以产生更多的电力,从而提高太阳能装置的整体经济性并缩短投资回收期。

此外,智慧技术和数位解决方案的整合正在彻底改变太阳能光电逆变器的格局。其中包括即时监控、远端维护和预测分析。这些功能可增强系统效能、减少停机时间并实现主动维护,最终确保最大的能源产量和成本节约。此外,逆变器采用先进的电网管理功能有利于电网稳定和併网储能。这对于商业太阳能装置至关重要,因为它使企业能够充分利用太阳能的潜力并减少对化石燃料的依赖。总之,技术进步透过提高效率、可靠性和电网整合来推动全球商业太阳能光电逆变器市场。随着企业越来越认识到太阳能的经济和环境效益,这些进步将继续影响该行业的成长和永续性。

组串式逆变器、中央逆变器和微型逆变器

商业太阳能光电逆变器市场的另一个重要趋势是逆变器类型的多样化,以满足不同的系统规模和应用。串式逆变器、中央逆变器、微型逆变器和功率优化器是一些可用的选项。串式逆变器将多个太阳能板串联起来,由于其成本效益而得到了广泛的应用。另一方面,中央逆变器用于公用事业规模项目,提供高效率和电力转换能力。安装在面板级的微型逆变器可透过减轻阴影或面板级变化的影响来优化能量收集。逆变器类型的选择取决于系统尺寸、遮阳和所需性能等因素,从而推动市场创新和竞争。

效率提升

效率是商业太阳能光电逆变器市场的关键指标。更高的效率可确保更多收集到的太阳能转换为可用电力,从而减少浪费并提高整体系统效能。製造商一直致力于提高逆变器的效率,从而提高太阳能装置的能源产量和更快的投资回报。先进的半导体技术改善了热管理,而更好的设计共同促进了效率的提高。随着太阳能发电相对于传统能源更具成本竞争力,高效能逆变器在使太阳能经济可行方面发挥着至关重要的作用。

全球市场动态:

商业太阳能光电逆变器市场本质上与全球市场动态相关,包括政策发展、经济状况和产业合作。上网电价补贴、税收优惠和再生能源目标等政府政策极大地影响了太阳能的采用,进而影响了对太阳能逆变器的需求。太阳能电池板成本下降和製造流程进步等经济因素有助于降低整个太阳能光电系统的成本,从而推动市场成长。此外,逆变器製造商、太阳能板製造商和能源公用事业公司之间的合作正在培育创新解决方案并推动市场扩张。

细分市场洞察

类型洞察

中央逆变器是一个大型电网馈线。常用于额定输出超过100kWp的太阳能光电系统。地板或地面安装的逆变器将从太阳能电池阵列收集的直流电转换为交流电以用于併网。这些设备的容量范围约为 50kW 至 1MW,可在室内或室外使用。中央逆变器由一个直流-交流转换级组成。一些逆变器还具有 DC-DC 升压级,以增加其 MPP(最大功率点)电压范围。低频变压器有时用于升压交流电压并在输出端提供隔离。然而,这会降低效率并增加逆变器的尺寸、重量和成本。中央逆变器的最大输入电压通常为 1,000V。然而,一些较新的中央逆变器已经配备了 1,500V 输入电压。这些逆变器允许基于 1,500V 最大电压的光伏阵列,需要更少的 BOS(系统平衡)组件。因此,电力需求的成长、政府为电力产业脱碳所做的努力以及中央逆变器成本的下降预计将在预测期内推动该领域的成长。

区域洞察

亚太地区已成为全球商用太阳能光电逆变器市场的领导者,并在2022 年占据了可观的收入份额。亚太地区在2021 年主导了商用太阳能光电逆变器市场,预计在未来几年将继续维持主导地位。年。预计大部分需求将来自中国,中国也是世界上最大的太阳能生产国。中国越来越重视太阳能逆变器,提供零电压穿越(ZVRT)方案。为了满足计画规范,太阳能光电站必须持续运作而不中断。由于该国拥有世界上最大的太阳能发电量,这一点更加重要。

目录

第 1 章:产品概述

  • 市场定义
  • 市场范围
  • 涵盖的市场
  • 考虑学习的年份
  • 主要市场区隔

第 2 章:研究方法

  • 研究目的
  • 基线方法
  • 主要产业伙伴
  • 主要协会和二手资料来源
  • 预测方法
  • 数据三角测量与验证
  • 假设和限制

第 3 章:执行摘要

第 4 章:客户之声

第 5 章:全球商用太阳能光电逆变器市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 按类型(中央逆变器、组串逆变器和微型逆变器)
    • 按相(单相、三相、混合)
    • 依连线类型(併网、离网)
    • 按地区
  • 按公司划分 (2022)
  • 市场地图

第 6 章:北美商业太阳能光电逆变器市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 按类型
    • 按阶段
    • 按连线类型
    • 按国家/地区
  • 北美:国家分析
    • 美国
    • 加拿大
    • 墨西哥

第 7 章:亚太地区商业太阳能光电逆变器市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 按类型
    • 按阶段
    • 按连线类型
    • 按国家/地区
  • 亚太地区:国家分析
    • 中国商用太阳能光电逆变器
    • 印度商业太阳能光电逆变器
    • 日本商用太阳能光电逆变器
    • 韩国商用太阳能光电逆变器
    • 印尼商用太阳能光电逆变器

第 8 章:欧洲商业太阳能光电逆变器市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 按类型
    • 按阶段
    • 按连线类型
    • 按国家/地区
  • 欧洲:国家分析
    • 德国
    • 英国
    • 法国
    • 俄罗斯
    • 西班牙

第 9 章:南美洲商业太阳能光电逆变器市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 按类型
    • 按阶段
    • 按连线类型
    • 按国家/地区
  • 南美洲:国家分析
    • 巴西
    • 阿根廷

第 10 章:中东和非洲商业太阳能光电逆变器市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 按类型
    • 按阶段
    • 按连线类型
    • 按国家/地区
  • 中东和非洲:国家分析
    • 沙乌地阿拉伯
    • 南非
    • 阿联酋
    • 以色列
    • 埃及

第 11 章:市场动态

  • 司机
  • 挑战

第 12 章:市场趋势与发展

第 13 章:公司简介

  • 华为商用太阳能光电逆变器
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 阳光电源商用太阳能光电逆变器
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 伏能士
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 古瑞瓦特
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • SMA太阳能科技
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 菲默尔
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • ABB
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 台达电子
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services

第 14 章:策略建议

第 15 章:关于我们与免责声明

简介目录
Product Code: 15982

The Global Commercial Solar PV Inverter Market, with a valuation of USD 2.63 Billion in 2022, is poised for substantial growth during the forecast period, projected to maintain a robust Compound Annual Growth Rate (CAGR) of 4.98% through 2028. This market encompasses the worldwide industry engaged in the manufacturing, distribution, and sales of photovoltaic (PV) inverters. These inverters, commonly referred to as solar inverters, serve as integral components of solar power systems, playing a vital role in the conversion of direct current (DC) electricity generated by solar panels into alternating current (AC) electricity, which is suitable for various applications, including residential, commercial, and integration with the electricity grid.

Key Market Drivers

Government Incentives and Policies

Market Overview
Forecast Period2024-2028
Market Size 2022USD 2.63 Billion
Market Size 2028USD 3.7 Billion
CAGR 2023-20284.98%
Fastest Growing SegmentCentral Inverters
Largest MarketAsia-Pacific

Government incentives and policies have played a pivotal role in driving the global commercial solar PV inverter market's rapid expansion and continued growth. These incentives and policies have created a supportive environment for businesses to invest in solar energy systems, particularly in the commercial sector. Here's a more detailed examination of their impact, Firstly, government incentives, such as tax credits, grants, and subsidies, have significantly reduced the financial barriers for businesses looking to adopt solar PV systems. These incentives directly lower the upfront costs associated with purchasing and installing commercial solar PV inverters and panels. As a result, businesses find it more financially attractive to make the transition to solar power, as it offers an immediate return on investment and long-term energy cost savings.

Moreover, renewable energy policies and regulations have set ambitious targets for the adoption of clean energy sources, including solar power. These targets often include renewable portfolio standards (RPS) and mandates, which require a certain percentage of a region's energy mix to come from renewable sources. In response to these mandates, businesses are compelled to explore solar PV solutions, further stimulating the demand for commercial solar PV inverters. Feed-in tariffs (FiTs) are another critical policy tool employed by governments to encourage commercial solar PV adoption. FiTs guarantee solar system owners a fixed payment for the electricity they generate, often at an above-market rate. This guaranteed income stream provides a stable and attractive financial proposition for businesses and investors, incentivizing them to invest in solar PV installations.

Furthermore, various regulatory frameworks support the integration of solar PV into the grid, ensuring that businesses can sell excess electricity back to the grid at favorable rates. These net metering and grid-connection policies create additional revenue streams for commercial solar PV system owners. In conclusion, government incentives and policies have been instrumental in driving the global commercial solar PV inverter market. They have made solar energy a financially viable and environmentally responsible choice for businesses worldwide. As governments continue to prioritize clean energy and sustainability, these policies are likely to remain key drivers, promoting the growth of the commercial solar PV inverter market well into the future.

Cost Reduction will drive the Global Commercial Solar PV Inverter Market

Cost reduction is a pivotal driver that continues to fuel the growth of the global commercial solar PV inverter market. As solar technology evolves, economies of scale are achieved, and manufacturing processes become more efficient, the cost of solar PV inverters steadily decreases. This ongoing trend has a profound impact on the adoption of solar power systems by commercial entities. Here's an in-depth analysis of how cost reduction drives the commercial solar PV inverter market, Firstly, advancements in solar PV inverter technology have led to increased efficiency, allowing for better energy conversion and reduced energy losses. This higher efficiency translates into improved performance, making commercial solar PV systems more attractive as they can generate more electricity from the same amount of sunlight. Consequently, businesses can achieve faster returns on their investments, making solar PV systems an economically compelling choice.

Additionally, the cost of manufacturing solar PV inverters has decreased significantly over the years. This reduction stems from various factors, including improved manufacturing processes, better materials, and increased competition among inverter manufacturers. As the manufacturing cost decreases, the overall cost of solar PV systems, which includes inverters, solar panels, and installation, becomes more affordable for commercial customers. Economies of scale also play a crucial role in driving cost reduction. As the commercial solar PV market grows, manufacturers can produce inverters in larger quantities, which leads to lower production costs per unit. This, in turn, benefits businesses looking to invest in solar PV systems, as they can access high-quality inverters at more competitive prices.

Furthermore, the decreasing cost of solar panels complements the cost reduction of PV inverters. Solar panels are a significant component of a solar PV system, and as their prices fall, the overall system cost decreases. This synergy between lower panel and inverter costs enhances the value proposition of commercial solar PV systems. In conclusion, cost reduction is a fundamental driver in the global commercial solar PV inverter market. It makes solar power systems increasingly accessible and financially viable for businesses, facilitating their transition to clean and sustainable energy sources. As technology continues to advance and economies of scale are realized, the commercial solar PV inverter market is likely to experience continued growth, providing cost-effective energy solutions to commercial enterprises worldwide.

Key Market Challenges

One of the key challenges facing the global commercial solar PV inverter market is the issue of grid integration and grid stability. While solar power generation offers numerous benefits, its intermittent nature poses challenges for grid operators and commercial businesses alike. Commercial solar PV systems generate electricity when the sun is shining and may not produce power during cloudy or nighttime conditions. This intermittency can strain the grid when the solar output fluctuates rapidly. Grid instability caused by sudden changes in power supply can lead to voltage and frequency fluctuations, potentially affecting the reliability of the electricity supply.

To address this challenge, advanced grid-tied inverters with grid-support functionalities have been developed. These inverters can help stabilize the grid by adjusting the power output in response to grid conditions. However, ensuring seamless integration of solar PV systems with the grid remains a complex engineering and regulatory challenge. Furthermore, grid regulations and standards vary by region, making it difficult for solar PV inverters to comply with multiple sets of requirements. Achieving harmonization and standardization in grid codes and interconnection standards is essential to facilitate the widespread adoption of commercial solar PV systems.

Grid integration challenges also extend to the issue of energy storage. While energy storage systems can help mitigate intermittency by storing excess solar power for later use, integrating storage with solar PV inverters requires careful design and management to optimize system performance and cost-effectiveness. In summary, grid integration and grid stability represent a key challenge for the global commercial solar PV inverter market. Addressing this challenge will require ongoing collaboration between solar industry stakeholders, grid operators, and regulatory bodies to develop standardized solutions that enable the seamless integration of solar PV systems into the grid while ensuring stability and reliability.

Key Market Trends

Battery Advancements in the Market

The global energy landscape has been rapidly evolving in recent years, driven by the increasing need for sustainable and clean sources of power to mitigate climate change and address energy security concerns. In this context, solar photovoltaic (PV) systems have emerged as a key player, providing a viable and scalable solution to harness solar energy and convert it into electricity. Central to the efficient functioning of solar PV systems are Commercial Solar PV Inverters. These devices, which convert the direct current (DC) generated by solar panels into usable alternating current (AC) electricity, have become pivotal in shaping the Global Commercial Solar PV Inverter Market.

Rising Demand for Renewable Energy

One of the most prominent trends driving the Commercial Solar PV Inverter market is the global shift towards renewable energy sources. As concerns about the environmental impacts of fossil fuels grow, countries around the world are setting ambitious renewable energy targets. Solar energy, due to its abundance and inherent sustainability, has gained substantial traction. Commercial Solar PV Inverters, being integral to solar energy systems, have experienced increased demand in tandem with the rising adoption of solar power. Governments, businesses, and consumers alike are recognizing the economic and environmental benefits of solar energy, which is further propelling the Commercial Solar PV Inverter market's growth.

Technological Advancements

Technological advancements are poised to play a pivotal role in propelling the Global Commercial Solar PV Inverter Market to new heights. These inverters are the backbone of solar energy systems, converting direct current (DC) generated by solar panels into alternating current (AC) for use in commercial and industrial applications. First and foremost, advancements in inverter efficiency are paramount. Innovations in semiconductor materials and power electronics have led to the development of highly efficient inverters. Higher efficiency means more electricity is generated from the same amount of sunlight, improving the overall economics of solar installations and reducing payback periods.

Additionally, the integration of smart technologies and digital solutions is revolutionizing the solar PV inverter landscape. These include real-time monitoring, remote maintenance, and predictive analytics. These features enhance system performance, reduce downtime, and enable proactive maintenance, ultimately ensuring maximum energy yield and cost savings. Moreover, the adoption of advanced grid management capabilities in inverters facilitates grid stability and grid-tied energy storage. This is crucial for commercial solar installations as it enables businesses to harness the full potential of solar power and reduce reliance on fossil fuels. In conclusion, technological advancements are driving the Global Commercial Solar PV Inverter Market by improving efficiency, reliability, and grid integration. As businesses increasingly recognize the economic and environmental benefits of solar energy, these advancements will continue to shape the industry's growth and sustainability.

String vs. Central vs. Microinverters

Another significant trend in the Commercial Solar PV Inverter market is the diversification of inverter types to cater to various system sizes and applications. String inverters, central inverters, microinverters, and power optimizers are some of the options available. String inverters, which connect multiple solar panels in a series, have been widely used due to their cost-effectiveness. Central inverters, on the other hand, are employed in utility-scale projects, offering high efficiency and power conversion capabilities. Microinverters, installed at the panel level, optimize energy harvest by mitigating the impact of shading or panel-level variations. The choice of inverter type depends on factors such as system size, shading, and desired performance, driving innovation and competition in the market.

Efficiency Improvements

Efficiency is a key metric in the Commercial Solar PV Inverter market. Higher efficiency ensures that more of the solar energy collected is converted into usable electricity, reducing waste and increasing overall system performance. Manufacturers are consistently working to improve the efficiency of inverters, resulting in higher energy yields and faster return on investment for solar installations. Advanced semiconductor technologies improved thermal management, and better designs have collectively contributed to these efficiency gains. As solar power becomes more cost-competitive with conventional sources, efficient inverters play a crucial role in making solar energy economically viable.

Global Market Dynamics:

The Commercial Solar PV Inverter market is inherently tied to global market dynamics, including policy developments, economic conditions, and industry collaborations. Government policies, such as feed-in tariffs, tax incentives, and renewable energy targets, greatly influence the adoption of solar energy and subsequently impact the demand for solar inverters. Economic factors, such as the decreasing cost of solar panels and advancements in manufacturing processes, contribute to cost reductions in the overall solar PV system, driving market growth. Additionally, collaborations between inverter manufacturers, solar panel manufacturers, and energy utilities are fostering innovative solutions and driving market expansion.

Segmental Insights

Type Insights

A central inverter is a large grid feeder. It is often used in solar photovoltaic systems with rated outputs over 100 kWp. Floor or ground-mounted inverters convert DC power collected from a solar array into AC power for grid connection. These devices range in capacity from around 50kW to 1MW and can be used indoors or outdoors. A central inverter consists of one DC-AC conversion stage. Some inverters also have a DC-DC boost stage to increase their MPP (maximum power point) voltage range. Low-frequency transformers are sometimes used to boost the AC voltage and provide isolation at the output. However, this reduces efficiency and increases the inverter's size, weight, and cost. A central inverter typically has a maximum input voltage of 1,000V. However, some newer central inverters already come with 1,500V input voltage. These inverters allow PV arrays based on a maximum voltage of 1,500V, requiring fewer BOS (balance of system) components. Therefore, the growing demand for electricity, the government's efforts to decarbonize the power sector, and the declining costs of central inverters are expected to drive the segment's growth during the forecast period.

Regional Insights

The Asia Pacific region has established itself as the leader in the Global Commercial Solar PV Inverter Market with a significant revenue share in 2022. Asia-Pacific dominated the Commercial Solar PV Inverter market in 2021, and it is expected to continue its dominance over the coming years. Most of the demand is expected to come from China, which is also the largest producer of solar energy in the world. There has been an increased emphasis on solar inverters in China, providing a zero-voltage ride through (ZVRT) scheme. To meet the scheme norms, the solar PV power plants must continue to operate without breaking. This is even more significant as the country hosts the largest amount of solar power generation in the world.

Key Market Players

  • Huawei commercial solar PV inverter
  • Sungrow commercial solar PV inverte
  • Fronius
  • Growatt
  • SMA Solar Technology
  • FIMER
  • ABB
  • Delta Electronics

Report Scope:

In this report, the Global Commercial Solar PV Inverter Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Global Commercial Solar PV Inverter Market, By Inverter Type:

  • Central Inverters
  • String Inverters
  • Micro Inverters

Global Commercial Solar PV Inverter Market, By Phase:

  • Single-Phase
  • Three-Phase
  • Hybrid

Global Commercial Solar PV Inverter Market, By Connection Type:

  • On Grid
  • Off Grid

Global Commercial Solar PV Inverter Market, By Region:

  • North America
  • United States
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Europe
  • Germany
  • United Kingdom
  • France
  • Russia
  • Spain
  • South America
  • Brazil
  • Argentina
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Egypt
  • UAE
  • Israel

Competitive Landscape

  • Company Profiles: Detailed analysis of the major companies present in the Global Commercial Solar PV Inverter Market.

Available Customizations:

  • Global Commercial Solar PV Inverter Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

  • 1.1. Market Definition
  • 1.2. Scope of the Market
  • 1.3. Markets Covered
  • 1.4. Years Considered for Study
  • 1.5. Key Market Segmentations

2. Research Methodology

  • 2.1. Objective of the Study
  • 2.2. Baseline Methodology
  • 2.3. Key Industry Partners
  • 2.4. Major Association and Secondary Sources
  • 2.5. Forecasting Methodology
  • 2.6. Data Triangulation & Validation
  • 2.7. Assumptions and Limitations

3. Executive Summary

4. Voice of Customers

5. Global Commercial Solar PV Inverter Market Outlook

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
  • 5.2. Market Share & Forecast
    • 5.2.1. By Type (Central Inverters, String Inverters, and Micro Inverters)
    • 5.2.2. By Phase (Single-Phase, Three-Phase, Hybrid)
    • 5.2.3. By Connection Type (On Grid, Off Grid)
    • 5.2.4. By Region
  • 5.3. By Company (2022)
  • 5.4. Market Map

6. North America Commercial Solar PV Inverter Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value
  • 6.2. Market Share & Forecast
    • 6.2.1. By Type
    • 6.2.2. By Phase
    • 6.2.3. By Connection Type
    • 6.2.4. By Country
  • 6.3. North America: Country Analysis
    • 6.3.1. United States Commercial Solar PV Inverter Market Outlook
      • 6.3.1.1. Market Size & Forecast
        • 6.3.1.1.1. By Value
      • 6.3.1.2. Market Share & Forecast
        • 6.3.1.2.1. By Type
        • 6.3.1.2.2. By Phase
        • 6.3.1.2.3. By Connection Type
    • 6.3.2. Canada Commercial Solar PV Inverter Market Outlook
      • 6.3.2.1. Market Size & Forecast
        • 6.3.2.1.1. By Value
      • 6.3.2.2. Market Share & Forecast
        • 6.3.2.2.1. By Type
        • 6.3.2.2.2. By Phase
        • 6.3.2.2.3. By Connection Type
    • 6.3.3. Mexico Commercial Solar PV Inverter Market Outlook
      • 6.3.3.1. Market Size & Forecast
        • 6.3.3.1.1. By Value
      • 6.3.3.2. Market Share & Forecast
        • 6.3.3.2.1. By Type
        • 6.3.3.2.2. By Phase
        • 6.3.3.2.3. By Connection Type

7. Asia Pacific Commercial Solar PV Inverter Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Type
    • 7.2.2. By Phase
    • 7.2.3. By Connection Type
    • 7.2.4. By Country
  • 7.3. Asia-Pacific: Country Analysis
    • 7.3.1. China Commercial Solar PV Inverter Market Outlook
      • 7.3.1.1. Market Size & Forecast
        • 7.3.1.1.1. By Value
      • 7.3.1.2. Market Share & Forecast
        • 7.3.1.2.1. By Type
        • 7.3.1.2.2. By Phase
        • 7.3.1.2.3. By Connection Type
    • 7.3.2. India Commercial Solar PV Inverter Market Outlook
      • 7.3.2.1. Market Size & Forecast
        • 7.3.2.1.1. By Value
      • 7.3.2.2. Market Share & Forecast
        • 7.3.2.2.1. By Type
        • 7.3.2.2.2. By Phase
        • 7.3.2.2.3. By Connection Type
    • 7.3.3. Japan Commercial Solar PV Inverter Market Outlook
      • 7.3.3.1. Market Size & Forecast
        • 7.3.3.1.1. By Value
      • 7.3.3.2. Market Share & Forecast
        • 7.3.3.2.1. By Type
        • 7.3.3.2.2. By Phase
        • 7.3.3.2.3. By Connection Type
    • 7.3.4. South Korea Commercial Solar PV Inverter Market Outlook
      • 7.3.4.1. Market Size & Forecast
        • 7.3.4.1.1. By Value
      • 7.3.4.2. Market Share & Forecast
        • 7.3.4.2.1. By Type
        • 7.3.4.2.2. By Phase
        • 7.3.4.2.3. By Connection Type
    • 7.3.5. Indonesia Commercial Solar PV Inverter Market Outlook
      • 7.3.5.1. Market Size & Forecast
        • 7.3.5.1.1. By Value
      • 7.3.5.2. Market Share & Forecast
        • 7.3.5.2.1. By Type
        • 7.3.5.2.2. By Phase
        • 7.3.5.2.3. By Connection Type

8. Europe Commercial Solar PV Inverter Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Type
    • 8.2.2. By Phase
    • 8.2.3. By Connection Type
    • 8.2.4. By Country
  • 8.3. Europe: Country Analysis
    • 8.3.1. Germany Commercial Solar PV Inverter Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Value
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Type
        • 8.3.1.2.2. By Phase
        • 8.3.1.2.3. By Connection Type
    • 8.3.2. United Kingdom Commercial Solar PV Inverter Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Value
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Type
        • 8.3.2.2.2. By Phase
        • 8.3.2.2.3. By Connection Type
    • 8.3.3. France Commercial Solar PV Inverter Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Value
      • 8.3.3.2. Market Share & Forecast
        • 8.3.3.2.1. By Type
        • 8.3.3.2.2. By Phase
        • 8.3.3.2.3. By Connection Type
    • 8.3.4. Russia Commercial Solar PV Inverter Market Outlook
      • 8.3.4.1. Market Size & Forecast
        • 8.3.4.1.1. By Value
      • 8.3.4.2. Market Share & Forecast
        • 8.3.4.2.1. By Type
        • 8.3.4.2.2. By Phase
        • 8.3.4.2.3. By Connection Type
    • 8.3.5. Spain Commercial Solar PV Inverter Market Outlook
      • 8.3.5.1. Market Size & Forecast
        • 8.3.5.1.1. By Value
      • 8.3.5.2. Market Share & Forecast
        • 8.3.5.2.1. By Type
        • 8.3.5.2.2. By Phase
        • 8.3.5.2.3. By Connection Type

9. South America Commercial Solar PV Inverter Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Type
    • 9.2.2. By Phase
    • 9.2.3. By Connection Type
    • 9.2.4. By Country
  • 9.3. South America: Country Analysis
    • 9.3.1. Brazil Commercial Solar PV Inverter Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Value
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Type
        • 9.3.1.2.2. By Phase
        • 9.3.1.2.3. By Connection Type
    • 9.3.2. Argentina Commercial Solar PV Inverter Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Value
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Type
        • 9.3.2.2.2. By Phase
        • 9.3.2.2.3. By Connection Type

10. Middle East & Africa Commercial Solar PV Inverter Market Outlook

  • 10.1. Market Size & Forecast
    • 10.1.1. By Value
  • 10.2. Market Share & Forecast
    • 10.2.1. By Type
    • 10.2.2. By Phase
    • 10.2.3. By Connection Type
    • 10.2.4. By Country
  • 10.3. Middle East & Africa: Country Analysis
    • 10.3.1. Saudi Arabia Commercial Solar PV Inverter Market Outlook
      • 10.3.1.1. Market Size & Forecast
        • 10.3.1.1.1. By Value
      • 10.3.1.2. Market Share & Forecast
        • 10.3.1.2.1. By Type
        • 10.3.1.2.2. By Phase
        • 10.3.1.2.3. By Connection Type
    • 10.3.2. South Africa Commercial Solar PV Inverter Market Outlook
      • 10.3.2.1. Market Size & Forecast
        • 10.3.2.1.1. By Value
      • 10.3.2.2. Market Share & Forecast
        • 10.3.2.2.1. By Type
        • 10.3.2.2.2. By Phase
        • 10.3.2.2.3. By Connection Type
    • 10.3.3. UAE Commercial Solar PV Inverter Market Outlook
      • 10.3.3.1. Market Size & Forecast
        • 10.3.3.1.1. By Value
      • 10.3.3.2. Market Share & Forecast
        • 10.3.3.2.1. By Type
        • 10.3.3.2.2. By Phase
        • 10.3.3.2.3. By Connection Type
    • 10.3.4. Israel Commercial Solar PV Inverter Market Outlook
      • 10.3.4.1. Market Size & Forecast
        • 10.3.4.1.1. By Value
      • 10.3.4.2. Market Share & Forecast
        • 10.3.4.2.1. By Type
        • 10.3.4.2.2. By Phase
        • 10.3.4.2.3. By Connection Type
    • 10.3.5. Egypt Commercial Solar PV Inverter Market Outlook
      • 10.3.5.1. Market Size & Forecast
        • 10.3.5.1.1. By Value
      • 10.3.5.2. Market Share & Forecast
        • 10.3.5.2.1. By Type
        • 10.3.5.2.2. By Phase
        • 10.3.5.2.3. By Connection Type

11. Market Dynamics

  • 11.1. Drivers
  • 11.2. Challenge

12. Market Trends & Developments

13. Company Profiles

  • 13.1. Huawei commercial solar PV inverter
    • 13.1.1. Business Overview
    • 13.1.2. Key Revenue and Financials
    • 13.1.3. Recent Developments
    • 13.1.4. Key Personnel
    • 13.1.5. Key Product/Services
  • 13.2. Sungrow commercial solar PV inverter
    • 13.2.1. Business Overview
    • 13.2.2. Key Revenue and Financials
    • 13.2.3. Recent Developments
    • 13.2.4. Key Personnel
    • 13.2.5. Key Product/Services
  • 13.3. Fronius
    • 13.3.1. Business Overview
    • 13.3.2. Key Revenue and Financials
    • 13.3.3. Recent Developments
    • 13.3.4. Key Personnel
    • 13.3.5. Key Product/Services
  • 13.4. Growatt
    • 13.4.1. Business Overview
    • 13.4.2. Key Revenue and Financials
    • 13.4.3. Recent Developments
    • 13.4.4. Key Personnel
    • 13.4.5. Key Product/Services
  • 13.5. SMA Solar Technology
    • 13.5.1. Business Overview
    • 13.5.2. Key Revenue and Financials
    • 13.5.3. Recent Developments
    • 13.5.4. Key Personnel
    • 13.5.5. Key Product/Services
  • 13.6. FIMER
    • 13.6.1. Business Overview
    • 13.6.2. Key Revenue and Financials
    • 13.6.3. Recent Developments
    • 13.6.4. Key Personnel
    • 13.6.5. Key Product/Services
  • 13.7. ABB
    • 13.7.1. Business Overview
    • 13.7.2. Key Revenue and Financials
    • 13.7.3. Recent Developments
    • 13.7.4. Key Personnel
    • 13.7.5. Key Product/Services
  • 13.8. Delta Electronics
    • 13.8.1. Business Overview
    • 13.8.2. Key Revenue and Financials
    • 13.8.3. Recent Developments
    • 13.8.4. Key Personnel
    • 13.8.5. Key Product/Services

14. Strategic Recommendations

15. About Us & Disclaimer