封面
市場調查報告書
商品編碼
1610191

公共事業規模光電逆變器市場報告:趨勢、預測與競爭分析(至2030年)

Utility Scale PV Inverter Market Report: Trends, Forecast and Competitive Analysis to 2030

出版日期: | 出版商: Lucintel | 英文 150 Pages | 商品交期: 3個工作天內

價格

本網頁內容可能與最新版本有所差異。詳細情況請與我們聯繫。

簡介目錄

公共事業規模光電逆變器趨勢與預測

全球公共事業規模光電逆變器市場的未來充滿希望,1500伏以下和1500伏以上市場充滿機會。估計2024年至2030年,全球公共事業規模光電逆變器市場將以8.9%的年複合成長率成長。該市場的主要驅動力是對分散能源解決方案日益成長的需求、對永續發電的需求不斷成長以及私人和公共資金配置的增加。

  • 在產品類型中,Lucintel 預測,由於對分散式發電技術的日益關注以及永續能源系統的擴展,中央空調在預測期內仍將是最大的細分市場。
  • 在電壓類別中,由於人們對使用低二氧化碳排放產品的認知不斷增強,1500V以下的電壓預計在預測期內將出現高速成長。
  • 從地區來看,由於支持性政策變化和永續能源資本投資的增加,預計亞太地區在預測期內將實現最高成長。

在技​​術變革、能源儲存系統整合和新要求的推動下,公共事業規模的光伏逆變器市場呈現新的效率目標。最近的趨勢改變市場,大型太陽能發電廠採用新型逆變器的趨勢非常特殊。

  • 與能源儲存整合:逆變器和ESS的結合可以有效管理太陽能發電廠產生的能量以及儲存在主動電池和飛輪中的能量,提高電網穩定性和可靠性。這一趨勢透過逐步淘汰石化燃料發電和提高發電的可調度性來促進清潔能源發電。
  • 模組化逆變器:逆變器模組化為公共事業規模的太陽能計劃提供了極大的擴充性和靈活性。這種逆變器佈局可以更輕鬆地進行維護和升級以及效能監控。這一趨勢提高了公共事業規模太陽能電池陣列系統的整體效率和多功能性。
  • 確保並聯型:將先進的電網連接功能融入系統中,大幅提高了逆變器處理與太陽能發電相關的動態的能力,使其能夠應對電網不穩定的情況。這些功能也將使更多的太陽能發電廠連接到電網,促進更可靠、更能抵禦外部衝擊的能源系統的發展。
  • 更有效率、更可靠:逆變器設計的技術進步主要是為了提高能量轉換效率和延長逆變器壽命。效率的提升可最大限度地減少損失,提高太陽能系統的性能,而可靠性的提高則可確保不間斷發電。
  • 智慧逆變器先進的計量經濟學:現代智慧逆變器具有更先進的監控和控制能力,可即時分析系統動態並遠端控制系統。這一趨勢提高了營運效率,最大限度地降低了維護成本,並能夠更佳管理公共事業太陽能發電工程。

與儲能系統的整合、先進的智慧逆變器功能、模組化結構、更高的效率水準以及先進的電網整合是公共事業規模光伏逆變器市場中出現的新發展。這些趨勢激發新的創新,提高產能,並為太陽能發電廠的永續發展做出貢獻。

公共事業規模的光電逆變器市場在技術變革、能源儲存系統的引進和新要求的推動下呈現新的效率目標。最近的趨勢改變市場,大型太陽能發電廠採用新逆變器模式的趨勢非常特殊。

  • 與能源儲存整合:逆變器和ESS的結合可以有效管理太陽能發電廠產生的能量以及儲存在主動電池和飛輪中的能量,提高電網穩定性和可靠性。這一趨勢透過逐步淘汰石化燃料發電和提高發電調度能力來促進清潔能源發電。
  • 模組化逆變器逆變器模組化為公共事業規模的太陽能計劃提供了極大的擴充性和靈活性。這種逆變器佈局可以更輕鬆地維護和升級,並且可以進行效能監控。這一趨勢提高了公共事業規模太陽能電池陣列系統的整體效率和多功能性。
  • 確保並聯型:將先進的電網連接功能融入系統中,大幅提高了逆變器處理與太陽能發電相關的「突然」動態的能力,幫助電網應對不穩定的情況。這些功能也將使更多的太陽能發電廠連接到電網,促進更可靠、更能抵禦外部衝擊的能源系統的發展。
  • 逆變器設計的技術進步主要是為了提高能量轉換效率和延長逆變器的使用壽命。高效率最大限度地減少損耗並提高太陽能發電系統的效率,同時高可靠性確保不間斷發電。
  • 智慧逆變器的先進計量經濟學:特別是,現代智慧逆變器具有更先進的監控和控制功能,使得即時分析系統的動態行為並遠端控制系統成為可能。這些趨勢提高了營運效率,最大限度地減少了維護期間產生的成本,並能夠更佳管理公共事業發電工程。

與儲能系統的整合、先進的智慧逆變器功能、模組化結構、更高的效率水準以及先進的電網整合是公共事業規模光伏逆變器市場中出現的新發展。這些趨勢催生新的發明、提高能力並為太陽能發電廠的永續建設做出貢獻。

公共事業規模光電逆變器市場的最新趨勢

公共事業規模光電逆變器市場的最新發展顯示了技術趨勢、成長趨勢和貿易政策趨勢。公共事業太陽能所有者改變大型建築能源計劃的準備和容量參數。

  • 引進高效能逆變器:配備寬能帶隙(WBG)電力電子裝置的公共事業電網提高了逆變器系統的效率並提高了太陽能轉換器的性能。這使得部署大型太陽能發電廠在經濟上具有吸引力,並支持世界範圍內普遍獲得清潔能源的努力。
  • 模組化逆變器解決方案:模組化逆變器適應性強、易於整合,適用於大型太陽能電站。更輕鬆的維護和系統升級可減少停機時間並提高整體產量。
  • 與能源儲存系統整合:這種整合進一步提高了電網穩定性,並增強了逆變器儲存系統對太陽能的控制。這一發展將促進能源轉化為再生形式並提高網路的穩定性。
  • 監管支持、激勵和參與:政府政策和獎勵鼓勵使用先進逆變器技術和開發大型太陽能計劃。此類監管支持將促進市場成長並吸引太陽能計劃開發資金。

更高效率的新型逆變器、模組化設計、整合能源儲存、增加的電網支援能力以及政府獎勵對公共事業規模的光伏逆變器行業產生積極影響。這些發展推動創新、提高效率並提高太陽能裝置的承受能力。

公用事業規模光電逆變器市場的策略性成長機會

由於技術進步、產品需求、政策支援等,公共事業規模光電逆變器市場提供了策略成長機會。應利用這些策略性成長機會來影響先進逆變器技術的開發和接受度。

  • 擴展到新興市場:新市場的出現打開了成長之門並提高了市場滲透率。這些地區對再生能源發電發電廠的投資不斷成長,公共事業太陽能計劃需要先進的光伏逆變器。
  • 開發智慧逆變器:智慧逆變器可以提供更高的效能並即時追蹤系統。此類產品的銷售預計將提高品質性能,並且對於下一代太陽能解決方案市場非常重要。
  • 與儲能系統整合:能源儲存系統系統減少過量發電對電網穩定性的影響。這一機會將加強混合太陽能計劃並增加公共事業太陽能發電廠的吸引力。
  • 致力於模組化逆變器設計:模組化逆變器具有靈活性且易於維護,使其適合公共產業規模的太陽能發電工程。這一機會在不影響功能的情況下彌合了擴充性的差距,透過提高系統性能來推動市場成長。
  • 政府獎勵:政府獎勵措施可降低太陽能安裝成本並支持採用最新逆變器技術。這些激勵措施有助於擴大市場並積極吸引對公共產業規模太陽能開發的投資。

永續成長機會包括公共產業規模的市場擴張、新興市場以及電力轉換系統、智慧逆變器、能源儲存系統和模組化設計等策略性舉措。抓住這些機會將促進創新、提高績效並實現以前困難的太陽能計劃。

公共事業規模光電逆變器市場的促進因素與挑戰

公共事業規模的光電逆變器市場有多種促進因素​​和挑戰影響其成長和開拓。了解這些因素對於駕馭市場非常重要。

公共事業規模光電逆變器市場的促進因素

  • 技術進步:技術進步:技術進步提高了公共事業規模逆變器的有效性、可靠性和最佳化。模組化逆變器設計和智慧逆變器等新發展增強了系統功能,並實現了更大的太陽能裝置。
  • 對再生能源的需求不斷增加:人們不斷成長的能源需求導致對太陽能發電專案的投資,推動了對光伏逆變器的需求。這支持了市場成長並吸引了太陽能基礎設施的資金。
  • 政府獎勵和政策:政府激勵措施和政策鼓勵公共產業規模計劃和先進逆變器技術的部署。這些法規減少了計劃回收時間並支持市場成長。
  • 降低成本:逆變器技術價格下降的趨勢使太陽能發電裝置更經濟實惠。這種趨勢對於公共事業規模的太陽能計劃在最新逆變器技術的擴展和廣泛採用方面是有利的。
  • 電網整合的需求:隨著電網整合過程變得更加高效,對具有先進電網支援功能的逆變器的需求不斷成長。這些技術穩定並為大型太陽能發電廠的開發提供了框架。

公共事業規模光電逆變器市場面臨的挑戰:

  • 高初始投資:高初始成本會限制先進逆變器系統的可用性並影響計劃的可行性。透過適當的財務規劃和成本控制機制可以克服此障礙。
  • 政策挑戰:滿足監理要求既困難又耗時。企業需要隨時了解不斷變化的法規和合規性相關標準,以避免核准延遲。
  • 競爭:競爭環境會影響盈利和市場佔有率。為了保持競爭力,公司必須提供在創新功能、性能和客戶支援方面獨一無二的產品。

多種因素推動公共事業規模的光伏逆變器市場,包括技術開拓、再生能源投資增加、政府財政激勵、成本降低和電網整合。為了實現長期永續性和市場發展,必須解決高昂的初始成本、監管挑戰和市場競爭等障礙。管理這些促進因素和障礙對於提高市場預期非常重要。

本報告回答了 11個關鍵問題:

  • Q.1.依產品(串式、集中式)、電壓(1500 伏特以下、1500 伏特以上)和地區(北美、歐洲、亞太地區、世界其他地區)分類的最有前途的公共事業規模光伏逆變器市場)有哪些高成長機會?
  • Q.2.未來哪些細分市場將加速成長?原因是什麼?
  • Q.3.哪一個地區的成長速度預計會更快?原因是什麼?
  • Q.4.影響市場動態的主要因素有哪些?市場的主要挑戰和商業風險是什麼?
  • Q.5.這個市場的商業風險和競爭威脅是什麼?
  • Q.6.這個市場的新趨勢是什麼?
  • Q.7.市場客戶需求有何改變?
  • Q.8.新興市場有哪些新趨勢?主導這場運動的主要企業有哪些?
  • Q.9.這個市場的主要企業有哪些?主要企業採取哪些策略措施來發展業務?
  • Q.10.該市場中有哪些競爭產品,由於材料或產品替代而導致市場佔有率下降的威脅有多大?
  • Q.11.過去五年發生了哪些併購事件,對產業產生了哪些影響?

目錄

第1章 執行摘要

第2章 全球公共事業規模光電逆變器市場:市場動態

  • 簡介、背景、分類
  • 供應鏈
  • 產業促進因素與挑戰

第3章 市場趨勢及預測分析(2018-2030)

  • 宏觀經濟趨勢(2018-2023)與預測(2024-2030)
  • 全球公共事業規模光電逆變器市場趨勢(2018-2023)與預測(2024-2030)
  • 全球公共事業規模光電逆變器市場:依產品
    • 串型
    • 集中型
  • 全球公共事業規模光電逆變器市場:依電壓
    • 低於 1,500 伏
    • 1,500 伏特或以上

第4章 各地區市場趨勢及預測分析(2018-2030)

  • 全球公共事業規模光電逆變器市場:依地區
  • 北美公共事業規模光電逆變器市場
  • 歐洲公共事業規模光電逆變器市場
  • 亞太公共事業規模光電逆變器市場
  • 其他地區公共事業規模光電逆變器市場

第5章 競爭分析

  • 產品系列分析
  • 營運整合
  • 波特五力分析

第6章 成長機會與策略分析

  • 成長機會分析
    • 全球公共事業規模光電逆變器市場成長機會:依產品
    • 全球公共事業規模光電逆變器市場成長機會:依電壓
    • 全球公共事業規模光電逆變器市場成長機會:依地區
  • 全球公共事業規模光電逆變器市場的新興趨勢
  • 戰略分析
    • 新產品開發
    • 全球公共事業規模光電逆變器市場產能擴張
    • 全球公共事業規模光伏逆變器市場的企業合併
    • 認證和許可

第7章 主要企業簡介

  • SMA Solar Technology
  • Sungrow
  • Growatt New Energy
  • Darfon Electronics
  • Schneider Electric
  • Siemens
  • Fimer
  • Eaton
  • SolarEdge Technologies
  • Huawei Technologies
簡介目錄

Utility Scale PV Inverter Trends and Forecast

The future of the global utility scale PV inverter market looks promising with opportunities in the < 1500 voltage and >= 1500 voltage markets. The global utility scale PV inverter market is expected to grow with a CAGR of 8.9% from 2024 to 2030. The major drivers for this market are the increasing desire for decentralized energy solutions, the growing need for sustainable power generation, and the rising allocation of private and public funding for electrification initiatives in off-grid and grid-isolated areas in emerging countries.

  • Lucintel forecasts that, within the product category, central will remain the largest segment over the forecast period due to the increasing focus on distributed power generation technologies, along with the expansion of sustainable energy systems.
  • Within this voltage category, < 1500 voltage is expected to witness higher growth over the forecast period due to growing awareness of low CO2-emission product usage.
  • In terms of regions, APAC is expected to witness the highest growth over the forecast period due to supportive policy changes and rising capital investments in sustainable energy.

Gain valuable insights for your business decisions with our comprehensive 150+ page report.

The utility-scale PV inverter market shows changes in technology, integration of energy storage systems, and new efficiency targets stimulated by new requirements. These developments are changing the marketplace, and the tendency toward new inverter patterns in recent years in large solar plants has been exceptional.

  • Integration with Energy Storage: The combination of inverters and ESS enables efficient management of energy produced by solar power plants as well as energy stored in active batteries or flywheels, which improves the stability and reliability of the grid. This trend facilitates clean energy generation by gradually phasing out fossil fuel power generation and enhancing the dispatchability of the electricity produced.
  • Modular Inverters Legally: Inverter modularity provides better scalability and flexibility for utility-scale solar projects. The layout of such inverters allows maintenance and upgrades to be performed more easily, along with the possibility of performance monitoring. This trend improves the general efficiency and versatility of utility-scale solar array systems.
  • Definite Grid Connectivity: Incorporating advanced grid integration features into the system significantly enhances the ability of inverters to handle the dynamics involved in the generation of solar power and helps grids cope with instability. Also, these functionalities make it possible to connect more solar farms to the grid, promoting the development of an energy system that is more reliable and resistant to external shocks.
  • More Efficiency and Geared Toward Reliability: Technological advancements in inverter design are mainly directed at improving energy conversion efficiency and extending the lifespan of inverters. Higher efficiency minimizes losses and enhances the performance of solar systems, while better reliability guarantees that power will be generated without interruptions.
  • Advanced Econometrics of Smart Inverters: Modern smart inverters are more advanced in monitoring and control functions, allowing real-time analysis of system dynamics and remote control of the system. This trend improves operational effectiveness, minimizes maintenance costs, and enables better management of utility-based solar projects.

Integration with energy storage systems, advanced smart inverter features, modular construction, enhanced efficiency levels, and advanced grid integration are among the new developments emerging in the utility-scale PV inverter market. These trends induce new innovations, improve capabilities, and contribute to the sustainable development of solar plants.

The utility scale PV inverters market shows changes in technology, incorporation of energy storage systems, and new efficiency targets stimulated by new requirements. These developments are changing the marketplace and the tendency towards new inverter patterns in recent years in large solar plants has been exceptional.

  • Integration with Energy Storage: The combination of inverters and ESS enables efficient management of energy produced by solar power plants as well as energy stored in the active batteries or flywheels which improves the stability and the reliability of the grid. This trend facilitates clean energy generation by gradually phasing out fossil fuel power generation and enhancing the dispatch ability of the electricity produced.
  • Modular Inverters Legally: Inverter modularity provides better scalability and flexibility for utility-scale solar projects. The layout of such inverters allows maintenance and upgrades to be performed more easily along with a possibility of performance monitoring. This trend improves the general efficiency and versatility of utility-scale solar array systems.
  • Definite Grid Connectivity: Incorporating advanced grid integration features into the system, significantly enhances the ability of inverters to handle the 'sudden' dynamics involved in the generation of solar power and help the grids cope with the instability. Also, these functionalities make it possible to connect more solar farms to the grid and promote the development of an energy system that would be more reliable and resistant to any external shocks.
  • More Efficiency and Geared Toward Reliability: Hence, technological advancement in the design of inverters is mainly directed at improving the energy conversion efficiency and extending the lifespan of the inverters. Higher efficiency minimizes losses and enhances the performance of solar systems efficiency while better reliability guarantees that power will be generated without interruptions.
  • Advanced Econometrics of Smart Inverters: In particular, modern smart inverters are more advanced in monitoring and control functions and allow real-time analysis of the system's dynamic behaviors as well as remote control of the system. Such a trend improves operational effectiveness, minimizes the costs incurred during maintenance, and enables better management of utility-based solar projects.

Integration with energy storage systems, advanced smart inverter features, modular construction, enhanced efficiency levels, and advanced grid integration are among new developments that are emerging in the utility-scale PV inverter market. These trends induce new inventions, improve capabilities, and contribute towards the sustainable building of solar plants.

Recent Developments in the Utility Scale PV Inverter Market

Recent trends in the utility-scale PV inverter market show a technology trend, a growth trend, and a trade policy trend. Utility solar owners have changed the parameters in their measures and their capacity for large building energy projects.

  • Introduction of High-Efficiency Inverters: Utility grids with wide-bandgap (WBG) power electronic devices increase the efficiency of inverter systems, which will enhance the performance of solar converters. This is economically attractive for implementing large solar facilities and also helps with the global quest for universal access to clean energy.
  • Modular Inverter Solutions: These modular inverters are adaptable and easy to integrate, making them suitable for large-scale solar energy farms. This reduces downtime and increases overall output by making maintenance and system upgrades easier.
  • Integration with Energy Storage Systems: Such integration adds extra improvements to the stability of grids and enhances the control of solar energy through inverter storage systems. This development facilitates the transformation of energy into a renewable form and enhances the stability of the network.
  • Regulatory Support, Motivation, and Engagement: Government policies and incentives encourage the use of advanced inverter technologies and large-scale solar project development. This regulatory support results in market growth and attracts funding for the development of solar projects.

The new inverters with high efficiencies, modular designs, energy storage integration, improved grid support capabilities, and government incentives have a positive effect on the utility-scale PV inverter industry. These developments enhance innovation, improve efficiency, and increase the affordability of solar energy system implementation.

Strategic Growth Opportunities for Utility Scale PV Inverter Market

The utility-scale PV inverter market has strategic growth opportunities available due to advances in technology, the demand for products, and supportive policies. These strategic growth opportunities should be utilized to influence the development and acceptance of advanced inverter technologies.

  • Expansion into Emerging Markets: The emergence of new markets opens doors for growth and increased market penetration. These regions are expanding their investment in renewable energy power plants, leading to the need for sophisticated PV inverters for utility solar projects.
  • Development of Smart Inverters: Smart inverters lead to higher performance and can track systems in real-time. Marketing these products fulfills the expectation of enhanced quality performance, making them essential for the next-generation solar solutions market.
  • Integration with Energy Storage Systems: Energy storage systems reduce the impact on stabilizing grids with surplus generation. This opportunity enhances hybrid solar projects and increases the attractiveness of utility solar power plants.
  • Focus on Modular Inverter Designs: Modular inverters offer flexibility and ease of maintenance, making them suitable for utility-scale solar projects. This opportunity fills a gap that calls for expandability without compromising functionality, thus stimulating growth in the market by enhancing system performance.
  • Government Incentives: Provisions available from governments help lower the costs of solar installations and assist in the adoption of modern inverter technology. These incentives allow for market expansion and actively attract investments in utility-scale solar energy developments.

Sustainable growth opportunities include strategic initiatives for utility-scale market expansion, emerging markets, power conversion systems, smart inverters, energy storage systems, and modular designs. Seizing such opportunities can enhance innovation, performance, and the realization of previously challenging solar energy projects.

Utility Scale PV Inverter Market Driver and Challenges

The utility-scale PV inverter market experiences several drivers and challenges that affect its growth and development. Understanding these factors is important for navigating the market.

Drivers of the Utility-Scale PV Inverter Market:

  • Technological Advancements: Technological improvements increase the effectiveness, dependability, and optimization of utility-scale inverters. New developments, including modular inverter designs and smart inverters, enhance system capabilities, enabling even larger-scale solar installations.
  • Increasing Demand for Renewable Energy: The increasing energy needs of people lead to investment in utility solar power projects, which drives the demand for utility PV inverters. This supports market growth and attracts funding for solar energy infrastructure.
  • Government Incentives and Policies: Governmental incentives and policies enhance the implementation of utility-scale projects and progressive inverter technology. These regulations shorten the payback period for projects, thus supporting market growth.
  • Cost Reductions: The trend toward decreasing inverter technology prices makes solar installations more affordable. This trend is advantageous for utility-scale solar projects in terms of expansion and the broader adoption of modern inverter technologies.
  • Grid Integration Needs: As the process of integrating into the grid becomes more efficient, there is a greater requirement for inverters that incorporate advanced grid support functions. These technologies stabilize and provide a framework for the development of larger solar sites.

Challenges in the Utility-Scale PV Inverter Market:

  • High Setup Capital Requirements: High initial costs can restrict the use of advanced inverter systems and affect project viability. This barrier can be overcome through proper financial planning and cost control mechanisms.
  • Policy Issues: Meeting regulatory requirements can be difficult and time-consuming. Companies must stay updated on evolving regulations and compliance-related standards to avoid delays in approval.
  • Business Rivalry: The competitive environment can affect profitability and market share. Companies need to offer unique products in terms of innovative features, performance, and customer support to stay competitive.

Various factors, such as technological development, increased investment in renewable energy, government financial incentives, cost reductions, and grid integration, drive the utility-scale PV inverter market. Barriers like high initial costs, regulatory challenges, and business competition need to be addressed for long-term sustainability and market advancement. Managing these drivers and barriers is essential to building expectations in the market.

List of Utility Scale PV Inverter Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies utility scale PV inverter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the utility scale PV inverter companies profiled in this report include-

  • Sma Solar Technology
  • Sungrow
  • Growatt New Energy
  • Darfon Electronics
  • Schneider Electric
  • Siemens
  • Fimer
  • Eaton
  • Solaredge Technologies
  • Huawei Technologies

Utility Scale PV Inverter by Segment

The study includes a forecast for the global utility scale PV inverter by product, voltage, and region.

Utility Scale PV Inverter Market by Product [Analysis by Value from 2018 to 2030]:

  • String
  • Central

Utility Scale PV Inverter Market by Voltage [Analysis by Value from 2018 to 2030]:

  • < 1500 Voltage
  • >= 1500 Voltage

Utility Scale PV Inverter Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

Country Wise Outlook for the Utility Scale PV Inverter Market

Factors such as technology improvements, government regulations, and whether society is pressing to use cleaner energy sources are the main elements affecting this market. Such developments indicate that the authorized persons who are in charge of developing large-scale solar power plants are doing their best and they are moving toward having a better, more reliable, and cost-effective unit. The pattern is the same in such countries as China, Germany, India, and Japan, which are also having a positive trend in the development of inverter technology and solar infrastructure for these countries.

  • China: China has been progressive in the field of utility-scale PV inverters having more revolutions on smart inverter technologies interfaces and energy storage improvement. The Chinese government paperwork has been supporting the large-scale advent of solar which in turn avails such big inverters for more energy. Local manufacturers are also enhancing the limits of inverters and decreasing the costs.
  • Germany: Germany continues to be at the forefront of developments in the PV inverter market intended for utility use, whose recent updates include extending the efficiency as well as the operational duration of the inverters. German companies are channeling their resources towards next-generation inverter technologies which are dependable and possess high energy yield. At the same time, the steadfast commitment to renewable energy coupled with an enabling regulatory environment in Germany is boosting the advancement and growth of the market.
  • India: As concerns about solar power goals and financing in renewable energy development are on the rise, the utility-scale PV inverter market in India is quickly progressing. The latest features in the market are such as high-efficiency inverters and energy storage system integration. Government subsidies and partnerships with external entities are also facilitating the enhancement and application of advanced inverter technologies.
  • Japan: In Japan, there is a growing trend for the utility-scale PV inverter sector due to innovative technologies and helpful state regulations. The recent advancements include the high-performance launch of advanced inverters with added monitoring and control features on top of the basic functions expected of an inverter. The pursuit for smart grid incorporation of solar energy in Japan is spurring the implementation of more complex inverters for larger solar projects.

Features of the Global Utility Scale PV Inverter Market

Market Size Estimates: Utility scale PV inverter market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Utility scale PV inverter market size by product, voltage, and region in terms of value ($B).

Regional Analysis: Utility scale PV inverter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, voltage, and regions for the utility scale PV inverter market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the utility scale PV inverter market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

If you are looking to expand your business in this or adjacent markets, then contact us. We have done hundreds of strategic consulting projects in market entry, opportunity screening, due diligence, supply chain analysis, M & A, and more.

This report answers following 11 key questions:

  • Q.1. What are some of the most promising, high-growth opportunities for the utility scale PV inverter market by product (string and central), voltage (< 1500 voltage and >= 1500 voltage), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
  • Q.2. Which segments will grow at a faster pace and why?
  • Q.3. Which region will grow at a faster pace and why?
  • Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
  • Q.5. What are the business risks and competitive threats in this market?
  • Q.6. What are the emerging trends in this market and the reasons behind them?
  • Q.7. What are some of the changing demands of customers in the market?
  • Q.8. What are the new developments in the market? Which companies are leading these developments?
  • Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
  • Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
  • Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Utility Scale PV Inverter Market : Market Dynamics

  • 2.1: Introduction, Background, and Classifications
  • 2.2: Supply Chain
  • 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2018 to 2030

  • 3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
  • 3.2. Global Utility Scale PV Inverter Market Trends (2018-2023) and Forecast (2024-2030)
  • 3.3: Global Utility Scale PV Inverter Market by Product
    • 3.3.1: String
    • 3.3.2: Central
  • 3.4: Global Utility Scale PV Inverter Market by Voltage
    • 3.4.1: < 1500 Voltage
    • 3.4.2: >= 1500 Voltage

4. Market Trends and Forecast Analysis by Region from 2018 to 2030

  • 4.1: Global Utility Scale PV Inverter Market by Region
  • 4.2: North American Utility Scale PV Inverter Market
    • 4.2.1: North American Utility Scale PV Inverter Market by Product: String and Central
    • 4.2.2: North American Utility Scale PV Inverter Market by Voltage: < 1500 Voltage and >= 1500 Voltage
  • 4.3: European Utility Scale PV Inverter Market
    • 4.3.1: European Utility Scale PV Inverter Market by Product: String and Central
    • 4.3.2: European Utility Scale PV Inverter Market by Voltage: < 1500 Voltage and >= 1500 Voltage
  • 4.4: APAC Utility Scale PV Inverter Market
    • 4.4.1: APAC Utility Scale PV Inverter Market by Product: String and Central
    • 4.4.2: APAC Utility Scale PV Inverter Market by Voltage: < 1500 Voltage and >= 1500 Voltage
  • 4.5: ROW Utility Scale PV Inverter Market
    • 4.5.1: ROW Utility Scale PV Inverter Market by Product: String and Central
    • 4.5.2: ROW Utility Scale PV Inverter Market by Voltage: < 1500 Voltage and >= 1500 Voltage

5. Competitor Analysis

  • 5.1: Product Portfolio Analysis
  • 5.2: Operational Integration
  • 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

  • 6.1: Growth Opportunity Analysis
    • 6.1.1: Growth Opportunities for the Global Utility Scale PV Inverter Market by Product
    • 6.1.2: Growth Opportunities for the Global Utility Scale PV Inverter Market by Voltage
    • 6.1.3: Growth Opportunities for the Global Utility Scale PV Inverter Market by Region
  • 6.2: Emerging Trends in the Global Utility Scale PV Inverter Market
  • 6.3: Strategic Analysis
    • 6.3.1: New Product Development
    • 6.3.2: Capacity Expansion of the Global Utility Scale PV Inverter Market
    • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Utility Scale PV Inverter Market
    • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

  • 7.1: SMA Solar Technology
  • 7.2: Sungrow
  • 7.3: Growatt New Energy
  • 7.4: Darfon Electronics
  • 7.5: Schneider Electric
  • 7.6: Siemens
  • 7.7: Fimer
  • 7.8: Eaton
  • 7.9: SolarEdge Technologies
  • 7.10: Huawei Technologies