Grid-forming Inverter Market was valued at USD 745.40 Mn in 2024, and the Global Amniotic Membrane Market is expected to reach USD 1431.62 Mn by 2032, growing at a CAGR of 8.5 % during the forecast period.Grid-forming Inverter Market Overview:
Grid-forming inverters are power electronic devices that play a crucial role in maintaining the stability of power grids, especially in microgrids or situations where the main grid is unreliable. Grid-forming Inverter Market has been quickly expanding as the demand in decentralized energy grows and on grid stability. Such inverters allow on-demand energy storage, two-way power flow, a fundamental capability in balancing intermittent renewables and making grids more flexible. Increased demand in GFI is also driven by an acceleration of the clean energy transition through the exploitation of technological solutions, such as the booming numbers of residential solar PV installations, which should surpass 100 million by 2032, providing the population with local energy control and minimizing the needs to rely on large power plants. The market of Grid-forming Inverter (GFI) is promoted by the trend to decentralization of energy production around the world and increased grid stability. Asia-Pacific becomes the largest player with the fastest growing economy, active urbanization, huge investments in combining renewable energy to the grid, and so on. Huawei and Sungrow are the major players driving innovation in sophisticated grid-forming technologies. The trends are higher penetration of renewable energy sources, put more emphasis on stability and resilience of the grid, and unceasing technological progress in control algorithm and hardware. Standardization is also getting more focus as is an obvious migrant to GFIs compared to traditional grid-following inverters. The latest discoveries feature the Huawei Smart String Grid-Forming ESS technology.To know about the Research Methodology :- Request Free Sample Report
Grid-forming Inverter Market Dynamics:
Rising demand for Decentralized Energy Evolution to boost Grid-forming Inverter Market Energy storage becomes increasingly vital in balancing the ups and downs of renewable energy production. Grid-forming inverters play a key role here. They allow energy to flow both to and from the grid, storing excess power when it's plentiful and releasing it when demand is high. This teamwork boosts grid flexibility, helps manage peak energy use, and keeps things running smoothly. The Grid-forming Inverter Market is growing fast, driven by the move toward decentralized energy. More rooftop solar setups, community projects, and microgrids mean less reliance on big power plants. Grid-forming inverters make this possible, letting these smaller energy sources keep running even if the main grid goes down. This shift toward decentralization matches the rising desire for local control over energy, stronger community resilience, and less reliance on far-off power plants. Technology keeps pushing the Grid-forming Inverter Market forward. Manufacturers are working hard to make these inverters better, faster, and smarter. Solar PV surge sparks demand for grid-forming inverters in transition to clean energy The growth in households relying on solar PV, expected to reach over 100 million by 2030, presents a significant opportunity for the Grid-forming Inverter Market. With an expected increase in distributed PV installations, mainly in the residential sector, there will be a growing demand for grid-forming inverters to manage the integration of these renewable energy sources into the electricity grid. As households shift towards electricity for heating, cooling, and electric mobility, the need for local embedded electricity production will rise, further driving the demand for grid-forming inverters. Additionally, the expansion of rooftop PV systems for households, facilitated by innovative business models and decreasing installation costs, will enhance the market for grid-forming inverters, as these devices play a crucial role in ensuring the stability and reliability of distributed energy systems. Overall, the increasing deployment of solar PV in households creates a favorable environment for the growth of the Grid-forming Inverter Market, aligning with the transition towards clean and sustainable energy sources.
Grid-forming Inverter Market Segment Analysis
Based on Type, the global grid-forming inverter market in 2024 largely dominated by the Above 100 kW segment. This segment holds a significant advantage due to its suitability for larger and more complex energy infrastructures. As power grids evolve to accommodate increased renewable energy sources and higher demand, there is a growing need for robust and high-capacity solutions. Grid-forming inverters with an output power rating exceeding 100 kW offer the scalability and versatility required to stabilize and manage grids with substantial energy generation and consumption. In utility-scale solar and wind farms, where power generation is substantial, these inverters play a critical role in synchronizing renewable energy outputs with the grid's stability. Their capacity to handle large power outputs makes them essential for maintaining grid frequency and voltage within acceptable limits, ensuring a seamless integration of clean energy into the existing infrastructure.Grid-forming Inverter Market Regional Insight:
Renewable Energy Integration to Drive Asia Pacific Dominance in Grid-forming Inverter Market The Asia-Pacific region leads the global Grid-forming Inverter market during the forecast period. This region is categorized by some of the world's fastest-growing economies and populations, driving a surge in economic activities and urbanization. With this growth comes an increased demand for electricity, prompting countries in the region to seek innovative technologies for efficient power management and distribution, especially with the integration of renewable energy sources. Grid-forming inverters emerge as a crucial solution to address this demand, offering the ability to stabilize grids and incorporate renewable energy. Additionally, the Asia-Pacific region becomes a centre for technological innovation and energy sector investment, with countries like China, Japan, South Korea, and Australia actively developing advanced energy technologies. Grid-forming inverters receive significant attention in terms of research, development, and deployment, giving the region a competitive advantage in the global Grid-forming Inverter market. Grid-forming Inverter Market Competitive Landscape: Top Key Players of Grid-forming Inverter Market are Huawei Technologies Co., Ltd. (China), Sungrow Power Supply Co., Ltd. (China), Enphase Energy, Inc. (USA), Power Electronics S.L. (Spain). Huawei Technologies Co., Ltd. (China) is promoting innovation of integrated PV+ESS grid-forming system, which pays attention to the "Smart String Grid-Forming ESS technology" to solve the multi-device parallel connection, wideband oscillation suppression problems, and powerful overload support. Sungrow Power Supply Co., Ltd. (China the last company to innovate with its 1+X 2.0 Modular Inverter for utility-scale works where fault is detected with AI and grid-forming capabilities are enhanced. Power Electronics S.L. (Spain). Their focus is on robust central inverters for large-scale renewable integration and grid stabilization. These players are all heavily investing in R&D to deliver more efficient, reliable, and intelligent grid-forming solutions to meet the escalating global demand for renewable energy integration and grid modernization. Grid-forming Inverter Market Key Trends: • Accelerated Renewable Energy Integration The most significant driver. As solar, wind, and battery storage penetration rapidly increases, the traditional grid, designed around synchronous generators, faces challenges with inertia and stability. • Growing Importance of Grid Stability and Resilience Extreme weather events and the desire for energy independence are driving demand for more robust power systems. GFIs enhance grid stability by offering autonomous control capabilities, including black start and islanded operation for microgrids. • Technological Advancements in Control Algorithms and Hardware Continuous innovation in power electronics, control algorithms (like virtual synchronous machine control and droop control), and hardware architectures is making GFIs more efficient, reliable, and cost-effective. Grid-forming Inverter Market Key Development:
Month & Year Company Name Key Development (Focusing on Grid-Forming Inverter Capabilities) June 1 2025 Huawei Technologies Co., Ltd. (China) • Hosted the Grid Forming & Energy Storage System (ESS) Safety Forum, launching the new Fusion Solar 9.0 Smart PV+ESS solution, promoting grid-forming technology across all scenarios from ESS to PV+ESS. May 22 2024 Sungrow Power Supply Co., Ltd. (China) • Showcased their 1+X 2.0 Modular Inverter at Intersolar Europe 2025 (and SNEC 2025), emphasizing its advanced grid-forming capabilities, AI-driven fault detection, and modular design for utility-scale applications. March 3 2025 Power Electronics S.L. (Spain) • Participated in a technical workshop on Grid-forming Inverters, indicating ongoing engagement in defining functional specifications, simulation strategies, and sharing lessons learned from utility-scale grid-forming projects. February 5 2024 Enphase Energy, Inc. (USA) • Announced expanded support for grid services programs (Virtual Power Plants - VPPs) in Puerto Rico, Colorado, and Nova Scotia (Canada), powered by their IQ Battery 5P. Grid-forming Inverter Market Scope: Inquire Before Buying
Grid-forming Inverter Market Report Coverage Details Base Year: 2024 Forecast Period: 2025-2032 Historical Data: 2019 to 2024 Market Size in 2024: USD 745.40 Mn. Forecast Period 2025 to 2032 CAGR: 8.5 % Market Size in 2032: USD 1431.62 Mn. Segments Covered: by Type Micro Inverter String Inverter Central Inverter by Voltage 100-300 V 300-500 V Above 500 V by Application Solar PV Plants Wind Power Plants Energy Storage System Electric Vehicles Grid-forming Inverter Market, by Region
North America (United States, Canada, and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Grid-forming Inverter Market Key Players
North America 1. Enphase Energy (USA) 2. Schneider Electric Solar (USA) 3. General Electric (USA) 4. Eaton (USA) 5. EPC Power Corp. (USA) 6. Morningstar Corporation (USA) 7. OutBack Power (USA) 8. Magnum Energy (USA) 9. SolarEdge Technologies (USA) Europe 10. SMA Solar Technology AG (Germany) 11. Siemens Energy (Germany) 12. FIMER S.p.A. (Italy) 13. Fronius International GmbH (Austria) 14. Gamesa Electric (Spain) 15. Ingeteam (Spain) 16. KACO New Energy (Germany) 17. Victron Energy (Netherlands) 18. ABB Ltd. (Switzerland) 19. Power Electronics (Spain) 20. REFUsol (Germany) 21. EKS Energy (Spain) Asia Pacific 22. Huawei Technologies Co., Ltd. (China) 23. Sungrow Power Supply Co., Ltd. (China) 24. Delta Electronics, Inc. (Taiwan) 25. GoodWe (China) 26. Ginlong Technologies (China) 27. TBEA Xinjiang Sunoasis Co., Ltd. (China) 28. Hitachi Energy Ltd. (Japan) 29. Sineng Electric Co., Ltd. (China) 30. Growatt (China)Frequently asked Questions:
1. How does incorporating Grid-forming Inverters (GFIs) into inverters provide manufacturers with a competitive edge in the market? Ans: Manufacturers gain a competitive edge by integrating GFIs into their inverters. By focusing on developing and offering GFI technologies that enable the stable and efficient integration of renewable energy into the grid, manufacturers can differentiate themselves from competitors and expand their market share. 2. How do manufacturers foresee the role of Grid-forming Inverter (GFI) technology contributing to long-term growth? Ans: In the realm of long-term growth, the escalating presence of renewable energy and the development of sophisticated grid structures underscore the vital significance of Grid-forming Inverter (GFI) technology. GFIs are poised to become instrumental in upholding grid stability, facilitating the seamless integration of energy storage, and propelling the transition towards smarter grids. Manufacturers acknowledge that grid-forming inverters are not merely a passing fad but rather an indispensable element of forthcoming energy infrastructures. 3. What is the growth rate of Global Grid-forming Inverter Market? Ans: The Global Market is growing at a CAGR of 8.5% during the forecasting period 2025-2032. 4. What is the study period of this Grid-forming Inverter Market? Ans: The Global Market is studied from 2024 to 2032. 5. Which region has the largest share in Grid-forming Inverter Market? Ans: Asia Pacific region holds the highest share in 2024.
1. Grid-forming Inverter Market Introduction 1.1. Study Assumptions and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Grid-forming Inverter Market: Competitive Landscape 2.1. Ecosystem Analysis 2.2. MMR Competition Matrix 2.3. Competitive Landscape 2.4. Key Players Benchmarking 2.4.1. Company Name 2.4.2. Business Segment 2.4.3. End-user Segment 2.4.4. Revenue (2024) 2.4.5. Company Locations 2.5. Market Structure 2.5.1. Market Leaders 2.5.2. Market Followers 2.5.3. Emerging Players 2.6. Mergers and Acquisitions Details 2.7. KANO Model Analysis 3. Global Grid-forming Inverter Market: Dynamics 3.1. Region-wise Trends of Grid-forming Inverter Market 3.1.1. North America Grid-forming Inverter Market Trends 3.1.2. Europe Grid-forming Inverter Market Trends 3.1.3. Asia Pacific Grid-forming Inverter Market Trends 3.1.4. Middle East and Africa Grid-forming Inverter Market Trends 3.1.5. South America Grid-forming Inverter Market Trends 3.2. Grid-forming Inverter Market Dynamics 3.2.1. Global Grid-forming Inverter Market Drivers 3.2.1.1. Rising Demand for Decentralized Energy Evolution and Grid Stability 3.2.1.2. Solar PV Surge Sparks 3.2.2. Global Grid-forming Inverter Market Restraints 3.2.3. Global Grid-forming Inverter Market Challenges 3.2.4. Global Grid-forming Inverter Market Opportunities 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Using Tree-Map Analysis 3.4.1. Government Investment & Funding 3.4.2. Declining Renewable Costs 3.4.3. Demand for Clean Energy & Resilience 3.5. Regulatory Landscape by Region 3.5.1. North America 3.5.2. Europe 3.5.3. Asia Pacific 3.5.4. Middle East and Africa 3.5.5. South America 4. Grid-forming Inverter Market: Global Market Size and Forecast by Segmentation (by Value in USD Mn.) (2024-2032) 4.1. Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 4.1.1. Micro Inverter 4.1.2. String Inverter 4.1.3. Central Inverter 4.2. Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 4.2.1. 100-300 V 4.2.2. 300-500 V 4.2.3. Above 500 V 4.3. Research Centers and Laboratory Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 4.3.1. Solar PV Plants 4.3.2. Wind Power Plants 4.3.3. Energy Storage System 4.3.4. Electric Vehicles 4.4. Grid-forming Inverter Market Size and Forecast, by region (2024-2032) 4.4.1. North America 4.4.2. Europe 4.4.3. Asia Pacific 4.4.4. Middle East and Africa 4.4.5. South America 5. North America Grid-forming Inverter Market Size and Forecast by Segmentation (by Value in USD Mn.) (2024-2032) 5.1. North America Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 5.1.1. Micro Inverter 5.1.2. String Inverter 5.1.3. Central Inverter 5.2. North America Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 5.2.1. 100-300 V 5.2.2. 300-500 V 5.2.3. Above 500 V 5.3. North America Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 5.3.1. Solar PV Plants 5.3.2. Wind Power Plants 5.3.3. Energy Storage System 5.3.4. Electric Vehicles 5.4. North America Grid-forming Inverter Market Size and Forecast, by Country (2024-2032) 5.4.1. United States 5.4.1.1. United States Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 5.4.1.1.1. Micro Inverter 5.4.1.1.2. String Inverter 5.4.1.1.3. Central Inverter 5.4.1.2. United States Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 5.4.1.2.1. 100-300 V 5.4.1.2.2. 300-500 V 5.4.1.2.3. Above 500 V 5.4.1.3. United States Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 5.4.1.3.1. Solar PV Plants 5.4.1.3.2. Wind Power Plants 5.4.1.3.3. Energy Storage System 5.4.1.3.4. Electric Vehicles 5.4.2. Canada 5.4.2.1. Canada Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 5.4.2.1.1. Micro Inverter 5.4.2.1.2. String Inverter 5.4.2.1.3. Central Inverter 5.4.3. Canada Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 5.4.3.1.1. 100-300 V 5.4.3.1.2. 300-500 V 5.4.3.1.3. Above 500 V 5.4.3.2. Canada Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 5.4.3.2.1. Solar PV Plants 5.4.3.2.2. Wind Power Plants 5.4.3.2.3. Energy Storage System 5.4.3.2.4. Electric Vehicles 5.4.4. Mexico 5.4.4.1. Mexico Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 5.4.4.1.1. Micro Inverter 5.4.4.1.2. String Inverter 5.4.4.1.3. Central Inverter 5.4.4.2. Mexico Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 5.4.4.2.1. 100-300 V 5.4.4.2.2. 300-500 V 5.4.4.2.3. Above 500 V 5.4.4.3. Mexico Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 5.4.4.3.1. Solar PV Plants 5.4.4.3.2. Wind Power Plants 5.4.4.3.3. Energy Storage System 5.4.4.3.4. Electric Vehicles 6. Europe Grid-forming Inverter Market Size and Forecast by Segmentation (by Value in USD Mn.) (2024-2032) 6.1. Europe Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 6.2. Europe Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 6.3. Europe Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 6.4. Europe Grid-forming Inverter Market Size and Forecast, by Country (2024-2032) 6.4.1. United Kingdom 6.4.1.1. United Kingdom Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 6.4.1.2. United Kingdom Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 6.4.1.3. United Kingdom Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 6.4.2. France 6.4.2.1. France Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 6.4.2.2. France Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 6.4.2.3. France Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 6.4.3. Germany 6.4.3.1. Germany Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 6.4.3.2. Germany Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 6.4.3.3. Germany Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 6.4.4. Italy 6.4.4.1. Italy Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 6.4.4.2. Italy Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 6.4.4.3. Italy Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 6.4.5. Spain 6.4.5.1. Spain Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 6.4.5.2. Spain Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 6.4.5.3. Spain Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 6.4.6. Sweden 6.4.6.1. Sweden Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 6.4.6.2. Sweden Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 6.4.6.3. Sweden Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 6.4.7. Austria 6.4.7.1. Austria Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 6.4.7.2. Austria Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 6.4.7.3. Austria Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 6.4.8. Rest of Europe 6.4.8.1. Rest of Europe Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 6.4.8.2. Rest of Europe Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 6.4.8.3. Rest of Europe Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 7. Asia Pacific Grid-forming Inverter Market Size and Forecast by Segmentation (by Value in USD Mn.) (2024-2032) 7.1. Asia Pacific Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 7.2. Asia Pacific Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 7.3. Asia Pacific Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 7.4. Asia Pacific Grid-forming Inverter Market Size and Forecast, by Country (2024-2032) 7.4.1. China 7.4.1.1. China Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 7.4.1.2. China Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 7.4.1.3. China Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 7.4.2. S Korea 7.4.2.1. S Korea Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 7.4.2.2. S Korea Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 7.4.2.3. S Korea Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 7.4.3. Japan 7.4.3.1. Japan Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 7.4.3.2. Japan Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 7.4.3.3. Japan Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 7.4.4. India 7.4.4.1. India Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 7.4.4.2. India Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 7.4.4.3. India Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 7.4.5. Australia 7.4.5.1. Australia Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 7.4.5.2. Australia Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 7.4.5.3. Australia Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 7.4.6. Indonesia 7.4.6.1. Indonesia Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 7.4.6.2. Indonesia Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 7.4.6.3. Indonesia Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 7.4.7. Philippines 7.4.7.1. Philippines Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 7.4.7.2. Philippines Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 7.4.7.3. Philippines Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 7.4.8. Malaysia 7.4.8.1. Malaysia Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 7.4.8.2. Malaysia Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 7.4.8.3. Malaysia Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 7.4.9. Vietnam 7.4.9.1. Vietnam Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 7.4.9.2. Vietnam Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 7.4.9.3. Vietnam Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 7.4.10. Thailand 7.4.10.1. Thailand Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 7.4.10.2. Thailand Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 7.4.10.3. Thailand Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 7.4.11. Rest of Asia Pacific 7.4.11.1. Rest of Asia Pacific Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 7.4.11.2. Rest of Asia Pacific Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 7.4.11.3. Rest of Asia Pacific Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 8. Middle East and Africa Grid-forming Inverter Market Size and Forecast by Segmentation (by Value in USD Mn.) (2024-2032) 8.1. Middle East and Africa Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 8.2. Middle East and Africa Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 8.3. Middle East and Africa Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 8.4. Middle East and Africa Grid-forming Inverter Market Size and Forecast, by Country (2024-2032) 8.4.1. South Africa 8.4.1.1. South Africa Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 8.4.1.2. South Africa Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 8.4.1.3. South Africa Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 8.4.2. GCC 8.4.2.1. GCC Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 8.4.2.2. GCC Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 8.4.2.3. GCC Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 8.4.3. Nigeria 8.4.3.1. Nigeria Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 8.4.3.2. Nigeria Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 8.4.3.3. Nigeria Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 8.4.4. Rest of ME&A 8.4.4.1. Rest of ME&A Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 8.4.4.2. Rest of ME&A Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 8.4.4.3. Rest of ME&A Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 9. South America Grid-forming Inverter Market Size and Forecast by Segmentation (by Value in USD Mn.) (2024-2032) 9.1. South America Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 9.2. South America Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 9.3. South America Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 9.4. South America Grid-forming Inverter Market Size and Forecast, by Country (2024-2032) 9.4.1. Brazil 9.4.1.1. Brazil Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 9.4.1.2. Brazil Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 9.4.1.3. Brazil Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 9.4.2. Argentina 9.4.2.1. Argentina Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 9.4.2.2. Argentina Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 9.4.2.3. Argentina Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 9.4.3. Rest of South America 9.4.3.1. Rest of South America Grid-forming Inverter Market Size and Forecast, By Type (2024-2032) 9.4.3.2. Rest of South America Grid-forming Inverter Market Size and Forecast, By Voltage (2024-2032) 9.4.3.3. Rest of South America Grid-forming Inverter Market Size and Forecast, By Application (2024-2032) 10. Company Profile: Key Players (Detailed Profile for all Major Industry Players) 10.1. Enphase Energy 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Recent Developments 10.2. Schneider Electric Solar 10.3. General Electric 10.4. Eaton 10.5. EPC Power Corp. 10.6. Morningstar Corporation 10.7. OutBack Power 10.8. Magnum Energy 10.9. SolarEdge Technologies 10.10. SMA Solar Technology AG 10.11. Siemens Energy 10.12. FIMER S.p.A. 10.13. Fronius International GmbH 10.14. Gamesa Electric 10.15. Ingeteam 10.16. KACO New Energy 10.17. Victron Energy 10.18. ABB Ltd. 10.19. Power Electronics 10.20. REFUsol 10.21. EKS Energy 10.22. Huawei Technologies Co., Ltd. 10.23. Sungrow Power Supply Co., Ltd. 10.24. Delta Electronics, Inc. 10.25. GoodWe 10.26. Gin long Technologies 10.27. TBEA Xinjiang Sun oasis Co., Ltd. 10.28. Hitachi Energy Ltd. 10.29. Sineng Electric Co., Ltd. 10.30. Growatt 11. Analyst Recommendations 12. Grid-forming Inverter Market: Research Methodology
