Residential Solar (PV) Inverter Market was valued at US$ 4.77 Bn. in 2022. The Global Residential Solar (PV) Inverter Market size is estimated to grow at a CAGR of 4.3 % over the forecast period.Residential Solar (PV) Inverter Market Overview:
The report explores the Residential Solar (PV) Inverter market's segments (Type, Interferometer Type, Application, End-User, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2018 to 2022. The report investigates the market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Residential Solar (PV) Inverter market's contemporary competitive scenario.To know about the Research Methodology:-Request Free Sample Report
Residential Solar (PV) Inverter Market Dynamics:
Increasing government incentives, large investments in the renewable energy industry, and growth in residential solar installations are driving the market growth. Demand for solar PV inverters has grown steadily over the last few years due to concerns about global warming, and the feasibility of reducing greenhouse gas emissions through solar and other renewable energy sources. Since fossil fuel prices are rising, solar electricity has become a less expensive energy option. The price of solar PV inverters has decreased in recent years, making them more affordable for the general public. As a result, solar power systems are being installed in both developed and developing countries around the globe. market growth will be boosted by inorganic growth initiatives, contracts, and new product developments to expand the product portfolios of companies. Inorganic growth will be supported by rising government support and a rising renewable energy budget. Residential solar PV inverter market growth slowed during the current economic downturn due to delays in making new inverters, a lack of capacity additions, as well as financial troubles within the primary players' value chains. However, some factors are encouraging the market, such as supportive government initiatives and investments in local solar energy projects. Lack of awareness, the high cost of infrastructure improvements, and the recent government cut to solar panel incentives have all hindered the growth of the residential market for solar PV inverters. Lastly, a lack of supporting technologies has damaged market expansion. Energy generation through traditional methods such as coal and natural gas is expected to be affected by increased environmental concerns, creating opportunities for the solar PV inverter industry. Impact of COVID-19: As a result of COVID-19 outbreaks, trade lockdowns were imposed on imports/exports and manufacturing/processing activities across numerous industries, which affected demand for power equipment, causing the solar (PV) inverter market to stagnate. The market declined in the second, third, and fourth quarters of 2022, but it is expected to recover by the end of 2022 as the COVID-19 vaccination campaign has done in many regions around the world, improving the situation on a global level.Residential Solar (PV) Inverter Market Segment Analysis:
Based on Product, the Residential Solar (PV) Inverter Market is segmented into Central Inverter, String Inverter, and Micro Inverter. The Central inverter segment has highest the market share accounting for 52% in 2022 and forecasted that it will boost the market growth during the forecasted period. The reason for this is the increasing demand for central inverters across the world, as well as the rapid development of renewable power infrastructure in developing economies such as China, India, and Japan as well as the rapid industrialization of these countries.Based on Phase, the Residential Solar (PV) Inverter Market is segmented into Single phase and Three phase. Three phase segment has the highest market share and is forecasted that it will boost the market growth during the forecasted period. Due to the gaining importance from the power generation, distribution, and transmission sectors as well as the increase in PV power plants in large commercial, industrial and utility installations, are resulting in the growth of three phase solar. As a result, PV power plants have grown in size from 1000 volts to 1500 volts. Based on Connection, the market is segmented into On-grid and Off-grid. The On-grid segment has the highest market share and is forecasted that it will boost the market growth during the forecasted period. . Due to an increase in investment in direct electricity supply instead of storing in batteries, the market is forecasted to grow in the next few years due to the advantages of On grid Solar Inverters, including easy energy installation, cost effectiveness, and capable of managing high electricity demands. Based on End User, the Residential Solar (PV) Inverter Market is segmented into Residential, Commercial, and Utilities. The Utility segment has the highest market share and is forecasted that it will boost the market growth during the forecasted period. The increase in investment in solar power plants and other solar structures is the reason behind this. The Solar Inverter Market for the utility segment across the world is growing as more and more construction projects are being undertaken such as solar power plants on water bodies and rooftops, rural electrification projects, solar power plants, commercial buildings, etc.
Regional Insights:
The Asia Pacific region held the largest market share accounting for 45% in 2022. Due to the large consumer base and the presence of key players in the region, the expansion of renewable energy sources, rise in investment to upgrade aged power infrastructure, and rapid industrialization in the region is forecasted to drive the market in the foreseeable future. China is the major competitor as well as a contributor. The Europe region is expected to witness significant growth in the forecast period. An advantageous government policy and subsidies such as residential feed-in tariffs (FITs) that encourage consumers to invest in renewable energy have encouraged German solar companies to take the lead in manufacturing solar inverters. Since German solar companies produce high-tech inverters, they thus have an advantage over other companies. The objective of the report is to present a comprehensive analysis of the global Residential Solar (PV) Inverter Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Residential Solar (PV) Inverter Market dynamic, and structure by analyzing the market segments and projecting the market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Residential Solar (PV) Inverter Market make the report investor’s guide.Residential Solar (PV) Inverter Market Scope: Inquire before buying
Global Residential Solar (PV) Inverter Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $4.77 Bn. Forecast Period 2023 to 2029 CAGR: 4.3% Market Size in 2029: US $6.41 Bn. Segments Covered: by Product Central Inverter String Inverter Micro Inverter by Phase Single phase Three phase by Connection On-grid Off-grid by End-User Residential Commercial Utilities Residential Solar (PV) 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, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players:
1. General Electric 2. SMA Solar Technology AG 3. Sungrow 4. Darfon Electronics Corp. 5. Schneider Electric 6. Enphase Energy 7. Siemens, Fimer Group 8. Eaton SolarEdge Technologies 9. Huawei Technologies 10.Fronius International GmbH 11.Delta Electronics 12.Altenergy Power System 13.Hitachi Hi-Rel Power Electronics Pvt. Ltd. 14.TMEIC 15.Sineng Electric 16.Tabuchi Electric 17.Canadian Solar 18.Panasonic Corporation 19.GoodWe Frequently Asked Questions: 1. What is the study period of the market? Ans. The Global market is studied from 2022-2029. 2. What is the growth rate of Residential Solar (PV) Inverter Market? Ans. The Global market is growing at a CAGR of 4.3% over next 6 years. 3. Which region has largest share in The Global Residential Solar (PV) Inverter Market? Ans. Asia Pacific holds the largest share. 4. What is the Global Residential Solar (PV) Inverter Market segment based on End User? Ans. Based on End User, The Global market is divided into Supermarket, Convenience Store, E-Commerce, Food Service, and Others. 5. Who are the key players in the Global Residential Solar (PV) Inverter Market? Ans. The key players in the Global market are General Electric, SMA Solar Technology AG, Sungrow, Darfon Electronics Corp., Schneider Electric, Enphase Energy, Siemens, Fimer Group, Eaton SolarEdge Technologies, Huawei Technologies, Fronius International GmbH, Delta Electronics, Altenergy Power System, Hitachi Hi-Rel Power Electronics Pvt. Ltd., TMEIC, Sineng Electric, Tabuchi Electric, Canadian Solar, Panasonic Corporation, Ginlong Technologies, GoodWe, and SHENZHEN SOFARSOLAR
1. Residential Solar (PV) Inverter Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Residential Solar (PV) Inverter Market: Dynamics 2.1. Residential Solar (PV) Inverter Market Trends by Region 2.1.1. North America Residential Solar (PV) Inverter Market Trends 2.1.2. Europe Residential Solar (PV) Inverter Market Trends 2.1.3. Asia Pacific Residential Solar (PV) Inverter Market Trends 2.1.4. Middle East and Africa Residential Solar (PV) Inverter Market Trends 2.1.5. South America Residential Solar (PV) Inverter Market Trends 2.2. Residential Solar (PV) Inverter Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Residential Solar (PV) Inverter Market Drivers 2.2.1.2. North America Residential Solar (PV) Inverter Market Restraints 2.2.1.3. North America Residential Solar (PV) Inverter Market Opportunities 2.2.1.4. North America Residential Solar (PV) Inverter Market Challenges 2.2.2. Europe 2.2.2.1. Europe Residential Solar (PV) Inverter Market Drivers 2.2.2.2. Europe Residential Solar (PV) Inverter Market Restraints 2.2.2.3. Europe Residential Solar (PV) Inverter Market Opportunities 2.2.2.4. Europe Residential Solar (PV) Inverter Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Residential Solar (PV) Inverter Market Drivers 2.2.3.2. Asia Pacific Residential Solar (PV) Inverter Market Restraints 2.2.3.3. Asia Pacific Residential Solar (PV) Inverter Market Opportunities 2.2.3.4. Asia Pacific Residential Solar (PV) Inverter Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Residential Solar (PV) Inverter Market Drivers 2.2.4.2. Middle East and Africa Residential Solar (PV) Inverter Market Restraints 2.2.4.3. Middle East and Africa Residential Solar (PV) Inverter Market Opportunities 2.2.4.4. Middle East and Africa Residential Solar (PV) Inverter Market Challenges 2.2.5. South America 2.2.5.1. South America Residential Solar (PV) Inverter Market Drivers 2.2.5.2. South America Residential Solar (PV) Inverter Market Restraints 2.2.5.3. South America Residential Solar (PV) Inverter Market Opportunities 2.2.5.4. South America Residential Solar (PV) Inverter Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Residential Solar (PV) Inverter Industry 2.8. Analysis of Government Schemes and Initiatives For Residential Solar (PV) Inverter Industry 2.9. Residential Solar (PV) Inverter Market Trade Analysis 2.10. The Global Pandemic Impact on Residential Solar (PV) Inverter Market 3. Residential Solar (PV) Inverter Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 3.1.1. Central Inverter 3.1.2. String Inverter 3.1.3. Micro Inverter 3.2. Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 3.2.1. Single phase 3.2.2. Three phase 3.3. Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 3.3.1. On-grid 3.3.2. Off-grid 3.4. Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 3.4.1. Residential 3.4.2. Commercial 3.4.3. Utilities 3.5. Residential Solar (PV) Inverter Market Size and Forecast, by Region (2022-2029) 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. North America Residential Solar (PV) Inverter Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 4.1.1. Central Inverter 4.1.2. String Inverter 4.1.3. Micro Inverter 4.2. North America Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 4.2.1. Single phase 4.2.2. Three phase 4.3. North America Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 4.3.1. On-grid 4.3.2. Off-grid 4.4. North America Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 4.4.1. Residential 4.4.2. Commercial 4.4.3. Utilities 4.5. North America Residential Solar (PV) Inverter Market Size and Forecast, by Country (2022-2029) 4.5.1. United States 4.5.1.1. United States Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 4.5.1.1.1. Central Inverter 4.5.1.1.2. String Inverter 4.5.1.1.3. Micro Inverter 4.5.1.2. United States Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 4.5.1.2.1. Single phase 4.5.1.2.2. Three phase 4.5.1.3. United States Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 4.5.1.3.1. On-grid 4.5.1.3.2. Off-grid 4.5.1.4. United States Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 4.5.1.4.1. Residential 4.5.1.4.2. Commercial 4.5.1.4.3. Utilities 4.5.2. Canada 4.5.2.1. Canada Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 4.5.2.1.1. Central Inverter 4.5.2.1.2. String Inverter 4.5.2.1.3. Micro Inverter 4.5.2.2. Canada Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 4.5.2.2.1. Single phase 4.5.2.2.2. Three phase 4.5.2.3. Canada Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 4.5.2.3.1. On-grid 4.5.2.3.2. Off-grid 4.5.2.4. Canada Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 4.5.2.4.1. Residential 4.5.2.4.2. Commercial 4.5.2.4.3. Utilities 4.5.3. Mexico 4.5.3.1. Mexico Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 4.5.3.1.1. Central Inverter 4.5.3.1.2. String Inverter 4.5.3.1.3. Micro Inverter 4.5.3.2. Mexico Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 4.5.3.2.1. Single phase 4.5.3.2.2. Three phase 4.5.3.3. Mexico Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 4.5.3.3.1. On-grid 4.5.3.3.2. Off-grid 4.5.3.4. Mexico Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 4.5.3.4.1. Residential 4.5.3.4.2. Commercial 4.5.3.4.3. Utilities 5. Europe Residential Solar (PV) Inverter Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 5.2. Europe Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 5.3. Europe Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 5.4. Europe Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 5.5. Europe Residential Solar (PV) Inverter Market Size and Forecast, by Country (2022-2029) 5.5.1. United Kingdom 5.5.1.1. United Kingdom Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 5.5.1.2. United Kingdom Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 5.5.1.3. United Kingdom Residential Solar (PV) Inverter Market Size and Forecast, by Connection(2022-2029) 5.5.1.4. United Kingdom Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 5.5.2. France 5.5.2.1. France Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 5.5.2.2. France Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 5.5.2.3. France Residential Solar (PV) Inverter Market Size and Forecast, by Connection(2022-2029) 5.5.2.4. France Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 5.5.3. Germany 5.5.3.1. Germany Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 5.5.3.2. Germany Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 5.5.3.3. Germany Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 5.5.3.4. Germany Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 5.5.4. Italy 5.5.4.1. Italy Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 5.5.4.2. Italy Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 5.5.4.3. Italy Residential Solar (PV) Inverter Market Size and Forecast, by Connection(2022-2029) 5.5.4.4. Italy Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 5.5.5. Spain 5.5.5.1. Spain Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 5.5.5.2. Spain Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 5.5.5.3. Spain Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 5.5.5.4. Spain Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 5.5.6. Sweden 5.5.6.1. Sweden Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 5.5.6.2. Sweden Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 5.5.6.3. Sweden Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 5.5.6.4. Sweden Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 5.5.7. Austria 5.5.7.1. Austria Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 5.5.7.2. Austria Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 5.5.7.3. Austria Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 5.5.7.4. Austria Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 5.5.8. Rest of Europe 5.5.8.1. Rest of Europe Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 5.5.8.2. Rest of Europe Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 5.5.8.3. Rest of Europe Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 5.5.8.4. Rest of Europe Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 6. Asia Pacific Residential Solar (PV) Inverter Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 6.2. Asia Pacific Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 6.3. Asia Pacific Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 6.4. Asia Pacific Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 6.5. Asia Pacific Residential Solar (PV) Inverter Market Size and Forecast, by Country (2022-2029) 6.5.1. China 6.5.1.1. China Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 6.5.1.2. China Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 6.5.1.3. China Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 6.5.1.4. China Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 6.5.2. S Korea 6.5.2.1. S Korea Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 6.5.2.2. S Korea Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 6.5.2.3. S Korea Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 6.5.2.4. S Korea Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 6.5.3. Japan 6.5.3.1. Japan Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 6.5.3.2. Japan Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 6.5.3.3. Japan Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 6.5.3.4. Japan Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 6.5.4. India 6.5.4.1. India Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 6.5.4.2. India Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 6.5.4.3. India Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 6.5.4.4. India Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 6.5.5. Australia 6.5.5.1. Australia Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 6.5.5.2. Australia Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 6.5.5.3. Australia Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 6.5.5.4. Australia Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 6.5.6. Indonesia 6.5.6.1. Indonesia Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 6.5.6.2. Indonesia Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 6.5.6.3. Indonesia Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 6.5.6.4. Indonesia Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 6.5.7. Malaysia 6.5.7.1. Malaysia Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 6.5.7.2. Malaysia Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 6.5.7.3. Malaysia Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 6.5.7.4. Malaysia Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 6.5.8. Vietnam 6.5.8.1. Vietnam Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 6.5.8.2. Vietnam Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 6.5.8.3. Vietnam Residential Solar (PV) Inverter Market Size and Forecast, by Connection(2022-2029) 6.5.8.4. Vietnam Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 6.5.9. Taiwan 6.5.9.1. Taiwan Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 6.5.9.2. Taiwan Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 6.5.9.3. Taiwan Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 6.5.9.4. Taiwan Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 6.5.10. Rest of Asia Pacific 6.5.10.1. Rest of Asia Pacific Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 6.5.10.2. Rest of Asia Pacific Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 6.5.10.3. Rest of Asia Pacific Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 6.5.10.4. Rest of Asia Pacific Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 7. Middle East and Africa Residential Solar (PV) Inverter Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 7.2. Middle East and Africa Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 7.3. Middle East and Africa Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 7.4. Middle East and Africa Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 7.5. Middle East and Africa Residential Solar (PV) Inverter Market Size and Forecast, by Country (2022-2029) 7.5.1. South Africa 7.5.1.1. South Africa Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 7.5.1.2. South Africa Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 7.5.1.3. South Africa Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 7.5.1.4. South Africa Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 7.5.2. GCC 7.5.2.1. GCC Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 7.5.2.2. GCC Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 7.5.2.3. GCC Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 7.5.2.4. GCC Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 7.5.3. Nigeria 7.5.3.1. Nigeria Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 7.5.3.2. Nigeria Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 7.5.3.3. Nigeria Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 7.5.3.4. Nigeria Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 7.5.4. Rest of ME&A 7.5.4.1. Rest of ME&A Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 7.5.4.2. Rest of ME&A Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 7.5.4.3. Rest of ME&A Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 7.5.4.4. Rest of ME&A Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 8. South America Residential Solar (PV) Inverter Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 8.2. South America Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 8.3. South America Residential Solar (PV) Inverter Market Size and Forecast, by Connection(2022-2029) 8.4. South America Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 8.5. South America Residential Solar (PV) Inverter Market Size and Forecast, by Country (2022-2029) 8.5.1. Brazil 8.5.1.1. Brazil Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 8.5.1.2. Brazil Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 8.5.1.3. Brazil Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 8.5.1.4. Brazil Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 8.5.2. Argentina 8.5.2.1. Argentina Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 8.5.2.2. Argentina Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 8.5.2.3. Argentina Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 8.5.2.4. Argentina Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 8.5.3. Rest Of South America 8.5.3.1. Rest Of South America Residential Solar (PV) Inverter Market Size and Forecast, by Product (2022-2029) 8.5.3.2. Rest Of South America Residential Solar (PV) Inverter Market Size and Forecast, by Phase (2022-2029) 8.5.3.3. Rest Of South America Residential Solar (PV) Inverter Market Size and Forecast, by Connection (2022-2029) 8.5.3.4. Rest Of South America Residential Solar (PV) Inverter Market Size and Forecast, by End-User (2022-2029) 9. Global Residential Solar (PV) Inverter Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Residential Solar (PV) Inverter Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. General Electric 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. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. SMA Solar Technology AG 10.3. Sungrow 10.4. Darfon Electronics Corp. 10.5. Schneider Electric 10.6. Enphase Energy 10.7. Siemens, Fimer Group 10.8. Eaton SolarEdge Technologies 10.9. Huawei Technologies 10.10. Fronius International GmbH 10.11. Delta Electronics 10.12. Altenergy Power System 10.13. Hitachi Hi-Rel Power Electronics Pvt. Ltd. 10.14. TMEIC 10.15. Sineng Electric 10.16. Tabuchi Electric 10.17. Canadian Solar 10.18. Panasonic Corporation 10.19. GoodWe 11. Key Findings 12. Industry Recommendations 13. Residential Solar (PV) Inverter Market: Research Methodology 14. Terms and Glossary