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商業太陽能光電逆變器市場 - 2018-2028 年全球產業規模、佔有率、趨勢、機會和預測（按類型、階段、連接類型、地區、競爭細分）
市場調查報告書
商品編碼
1373037

商業太陽能光電逆變器市場 - 2018-2028 年全球產業規模、佔有率、趨勢、機會和預測（按類型、階段、連接類型、地區、競爭細分）

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個工作天內

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簡介目錄

2022 年全球商用太陽能光電逆變器市場估值為 26.3 億美元，預計在預測期內將大幅成長，預計到 2028 年將維持 4.98% 的強勁年複合成長率 (CAGR)。該市場涵蓋全球範圍內從事光伏(PV) 逆變器製造、分銷和銷售的行業。這些逆變器通常稱為太陽能逆變器，作為太陽能發電系統的組成部分，在將太陽能電池板產生的直流電轉換為交流電方面發揮著至關重要的作用，適用於各種應用，包括住宅、商業以及與電網的整合。

主要市場促進因素

政府激勵措施和政策

市場概況
預測期 2024-2028
2022 年市場規模 26.3億美元
2028 年市場規模 37億美元
2023-2028 年年複合成長率 4.98%
成長最快的細分市場 中央逆變器
最大的市場 亞太

政府的誘因和政策在推動全球商用太陽能光電逆變器市場的快速擴張和持續成長方面發揮了關鍵作用。這些激勵措施和政策為企業投資太陽能系統創造了支持性環境，特別是在商業領域。以下是對其影響的更詳細分析：首先，稅收抵免、贈款和補貼等政府激勵措施顯著降低了希望採用太陽能光電系統的企業的財務障礙。這些激勵措施直接降低了與購買和安裝商用太陽能光電逆變器和麵板相關的前期成本。因此，企業發現轉向太陽能在經濟上更具吸引力，因為它可以立即帶來投資回報並節省長期能源成本。

成本降低將推動全球商業太陽能光電逆變器市場

成本降低是持續推動全球商業太陽能光電逆變器市場成長的關鍵驅動力。隨著太陽能技術的發展，規模經濟的實現，製造流程變得更加高效，太陽能光電逆變器的成本穩定下降。這種持續的趨勢對商業實體採用太陽能系統產生了深遠的影響。以下深入分析成本降低如何推動商用太陽能光電逆變器市場：首先，太陽能光電逆變器技術的進步提高了效率，從而實現更好的能源轉換並減少能源損失。這種更高的效率轉化為更好的性能，使商業太陽能光電系統更具吸引力，因為它們可以利用相同量的陽光產生更多的電力。因此，企業可以更快獲得投資回報，使太陽能光電系統成為經濟上有吸引力的選擇。

此外，多年來，太陽能光電逆變器的製造成本已大幅下降。這種減少源於多種因素，包括改進的製造流程、更好的材料以及逆變器製造商之間競爭的加劇。隨著製造成本的降低，太陽能光電系統的整體成本（包括逆變器、太陽能板和安裝）對於商業客戶來說變得更實惠。規模經濟在推動成本降低方面也扮演著至關重要的角色。隨著商業太陽能光電市場的成長，製造商可以大量生產逆變器，從而降低單位生產成本。反過來，這有利於希望投資太陽能光電系統的企業，因為他們可以以更具競爭力的價格獲得高品質的逆變器。

此外，太陽能板成本的下降與光電逆變器成本的下降相輔相成。太陽能電池板是太陽能光電系統的重要組成部分，隨著其價格下降，整個系統成本也會下降。較低的電池板和逆變器成本之間的協同作用增強了商業太陽能光電系統的價值主張。總之，降低成本是全球商業太陽能光電逆變器市場的根本驅動力。它使太陽能發電系統對企業來說越來越容易獲得和經濟上可行，從而促進他們向清潔和永續能源的過渡。隨著技術的不斷進步和規模經濟的實現，商用太陽能光電逆變器市場可能會持續成長，為全球商業企業提供具有成本效益的能源解決方案。

主要市場挑戰

全球商用太陽能光電逆變器市場面臨的主要挑戰之一是電網併網和電網穩定性問題。雖然太陽能發電具有許多優勢，但其間歇性卻為電網營運商和商業企業帶來了挑戰。商業太陽能光電系統在陽光照射時發電，在陰天或夜間條件下可能無法發電。當太陽能輸出快速波動時，這種間歇性會對電網帶來壓力。供電突變引起的電網不穩定會導致電壓和頻率波動，潛在影響供電的可靠性。

為了應對這項挑戰，開發了具有電網支援功能的先進併網逆變器。這些逆變器可以根據電網狀況調整功率輸出，有助於穩定電網。然而，確保太陽能光電系統與電網的無縫整合仍然是一個複雜的工程和監管挑戰。此外，電網法規和標準因地區而異，使得太陽能光電逆變器難以滿足多組要求。實現電網規範和互連標準的協調和標準化對於促進商業太陽能光電系統的廣泛採用至關重要。

電網整合的挑戰也延伸到能源儲存問題。雖然儲能系統可以透過儲存多餘的太陽能以供以後使用來幫助減少間歇性，但將儲存與太陽能光電逆變器整合需要仔細的設計和管理，以最佳化系統性能和成本效益。總之，電網整合和電網穩定性是全球商業太陽能光電逆變器市場的關鍵挑戰。應對這項挑戰需要太陽能產業利益相關者、電網營運商和監管機構之間持續合作，開發標準化解決方案，使太陽能光電系統無縫整合到電網中，同時確保穩定性和可靠性。

主要市場趨勢

電池市場的進步

近年來，為了緩解氣候變遷和解決能源安全問題，對永續和清潔能源的需求不斷增加，全球能源格局迅速發展。在此背景下，太陽能光伏（PV）系統已成為關鍵參與者，它提供了一種可行且可擴展的解決方案來利用太陽能並將其轉化為電力。太陽能光電系統高效運作的核心是商用太陽能光電逆變器。這些設備將太陽能板產生的直流電 (DC) 轉換為可用的交流電 (AC)，已成為塑造全球商業太陽能光伏逆變器市場的關鍵。

再生能源需求不斷成長

推動商業太陽能光電逆變器市場的最顯著趨勢之一是全球向再生能源的轉變。隨著人們對化石燃料對環境影響的擔憂日益加劇，世界各國正在製定雄心勃勃的再生能源目標。太陽能由於其豐富性和固有的永續性而獲得了巨大的吸引力。商業太陽能光電逆變器是太陽能系統不可或缺的一部分，隨著太陽能應用的不斷增加，其需求也不斷增加。政府、企業和消費者都認知到太陽能的經濟和環境效益，這進一步推動了商業太陽能光電逆變器市場的成長。

技術進步

技術進步將在推動全球商業太陽能光電逆變器市場達到新高度方面發揮關鍵作用。這些逆變器是太陽能系統的支柱，將太陽能電池板產生的直流電 (DC) 轉換為交流電 (AC)，用於商業和工業應用。首先，逆變器效率的進步至關重要。半導體材料和電力電子技術的創新促進了高效能逆變器的發展。更高的效率意味著相同量的陽光可以產生更多的電力，從而提高太陽能裝置的整體經濟性並縮短投資回收期。

此外，智慧技術和數位解決方案的整合正在徹底改變太陽能光電逆變器的格局。其中包括即時監控、遠端維護和預測分析。這些功能可增強系統效能、減少停機時間並實現主動維護，最終確保最大的能源產量和成本節約。此外，逆變器採用先進的電網管理功能有利於電網穩定和併網儲能。這對於商業太陽能裝置至關重要，因為它使企業能夠充分利用太陽能的潛力並減少對化石燃料的依賴。總之，技術進步透過提高效率、可靠性和電網整合來推動全球商業太陽能光電逆變器市場。隨著企業越來越認知到太陽能的經濟和環境效益，這些進步將繼續影響該行業的成長和永續性。

組串式逆變器、中央逆變器和微型逆變器

商業太陽能光電逆變器市場的另一個重要趨勢是逆變器類型的多樣化，以滿足不同的系統規模和應用。串式逆變器、中央逆變器、微型逆變器和功率最佳化器是一些可用的選項。串式逆變器將多個太陽能板串聯起來，由於其成本效益而得到了廣泛的應用。另一方面，中央逆變器用於公用事業規模項目，提供高效率和電力轉換能力。安裝在面板級的微型逆變器可透過減輕陰影或面板級變化的影響來最佳化能量收集。逆變器類型的選擇取決於系統尺寸、遮陽和所需性能等因素，從而推動市場創新和競爭。

效率提升

效率是商業太陽能光電逆變器市場的關鍵指標。更高的效率可確保更多收集到的太陽能轉換為可用電力，從而減少浪費並提高整體系統效能。製造商一直致力於提高逆變器的效率，從而提高太陽能裝置的能源產量和更快的投資回報。先進的半導體技術改善了熱管理，而更好的設計共同促進了效率的提高。隨著太陽能發電相對於傳統能源更具成本競爭力，高效能逆變器在使太陽能經濟可行方面發揮著至關重要的作用。

全球市場動態：

商業太陽能光電逆變器市場本質上與全球市場動態相關，包括政策發展、經濟狀況和產業合作。上網電價補貼、稅收優惠和再生能源目標等政府政策極大地影響了太陽能的採用，進而影響了對太陽能逆變器的需求。太陽能電池板成本下降和製造流程進步等經濟因素有助於降低整個太陽能光電系統的成本，從而推動市場成長。此外，逆變器製造商、太陽能板製造商和能源公用事業公司之間的合作正在培育創新解決方案並推動市場擴張。

細分市場洞察

類型洞察

中央逆變器是一個大型電網饋線。常用於額定輸出超過100kWp的太陽能光電系統。地板或地面安裝的逆變器將從太陽能電池陣列收集的直流電轉換為交流電以用於併網。這些設備的容量範圍約為 50kW 至 1MW，可在室內或室外使用。中央逆變器由一個直流-交流轉換級組成。一些逆變器還具有 DC-DC 升壓級，以增加其 MPP（最大功率點）電壓範圍。低頻變壓器有時用於升壓交流電壓並在輸出端提供隔離。然而，這會降低效率並增加逆變器的尺寸、重量和成本。中央逆變器的最大輸入電壓通常為 1,000V。然而，一些較新的中央逆變器已經配備了 1,500V 輸入電壓。這些逆變器允許基於 1,500V 最大電壓的光伏陣列，需要更少的 BOS（系統平衡）組件。因此，電力需求的成長、政府為電力產業脫碳所做的努力以及中央逆變器成本的下降預計將在預測期內推動該領域的成長。

區域洞察

亞太地區已成為全球商用太陽能光電逆變器市場的領導者，並在2022 年佔據了可觀的收入佔有率。亞太地區在2021 年主導了商用太陽能光電逆變器市場，預計在未來幾年將繼續維持主導地位。年。預計大部分需求將來自中國，中國也是世界上最大的太陽能生產國。中國越來越重視太陽能逆變器，提供零電壓穿越（ZVRT）方案。為了滿足計畫規範，太陽能光電站必須持續運作而不中斷。由於該國擁有世界上最大的太陽能發電量，這一點更加重要。

目錄

第 1 章：產品概述

  • 市場定義
  • 市場範圍
  • 涵蓋的市場
  • 研究年份
  • 主要市場區隔

第 2 章：研究方法

  • 研究目的
  • 基線方法
  • 主要產業夥伴
  • 主要協會和二手資料來源
  • 預測方法
  • 數據三角測量與驗證
  • 假設和限制

第 3 章：執行摘要

第 4 章：客戶之聲

第 5 章：全球商用太陽能光電逆變器市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型（中央逆變器、組串逆變器和微型逆變器）
    • 按相（單相、三相、混合）
    • 依連線類型（併網、離網）
    • 按地區
  • 按公司分類 (2022)
  • 市場地圖

第 6 章：北美商業太陽能光電逆變器市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型
    • 按階段
    • 按連線類型
    • 按國家/地區
  • 北美：國家分析
    • 美國
    • 加拿大
    • 墨西哥

第 7 章：亞太地區商業太陽能光電逆變器市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型
    • 按階段
    • 按連線類型
    • 按國家/地區
  • 亞太地區：國家分析
    • 中國商用太陽能光電逆變器
    • 印度商業太陽能光電逆變器
    • 日本商用太陽能光電逆變器
    • 韓國商用太陽能光電逆變器
    • 印尼商用太陽能光電逆變器

第 8 章：歐洲商業太陽能光電逆變器市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型
    • 按階段
    • 按連線類型
    • 按國家/地區
  • 歐洲：國家分析
    • 德國
    • 英國
    • 法國
    • 俄羅斯
    • 西班牙

第 9 章：南美洲商業太陽能光電逆變器市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型
    • 按階段
    • 按連線類型
    • 按國家/地區
  • 南美洲：國家分析
    • 巴西
    • 阿根廷

第 10 章：中東和非洲商業太陽能光電逆變器市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型
    • 按階段
    • 按連線類型
    • 按國家/地區
  • 中東和非洲：國家分析
    • 沙烏地阿拉伯
    • 南非
    • 阿拉伯聯合大公國
    • 以色列
    • 埃及

第 11 章：市場動態

  • 促進要素
  • 挑戰

第 12 章：市場趨勢與發展

第 13 章：公司簡介

  • 華為商用太陽能光電逆變器
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 陽光電源商用太陽能光電逆變器
    • 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太陽能科技
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 菲默爾
    • 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
  • 台達電子
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services

第 14 章：策略建議

第 15 章：關於我們與免責聲明

簡介目錄
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