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Global Grid-forming Inverter Market Size, Share & Industry Trends Analysis Report By Application, By Type (Central Inverter, Micro Inverter, and String Inverter), By Voltage, By Power Rating, By Regional Outlook and Forecast, 2023 - 2030

Published Date : 31-Aug-2023

Pages: 292

Formats: PDF

COVID-19 Impact on the Grid-forming Inverter Market

The Global Grid-Forming Inverter Market size is expected to reach $1.2 billion by 2030, rising at a market growth of 9.2% CAGR during the forecast period.

In North America, there is growing interest in microgrids, notably for vital infrastructure, military sites, and remote communities. Hence, the North America region captured $171.7 million revenue in the market in 2022. Microgrid solutions integrating grid-forming inverters are becoming more popular due to the growing emphasis on grid resilience and natural disaster preparedness. Grid-forming inverters are essential for microgrids because they enable them to function independently or in conjunction with the main grid. Some of the factors impacting the market are rising renewable energy investment, effective outage, grid reliability, and inherent operational efficiency, and higher costs than grid-following inverters.

Grid-forming Inverter Market Size - Global Opportunities and Trends Analysis Report 2019-2030

The market is driven primarily by rising investments in the renewable power sector. Investments in renewable power generating technologies, including solar, wind, and hydropower, have significantly increased as the world transitions toward a more sustainable energy future. In conclusion, the need for grid-forming inverters will grow because of the expanding use of renewable energy sector, which will drive the growth of the market. Additionally, the grid is an advanced electricity supply network that uses digital communications technology to identify in real-time, react to local changes in usage, and enable automatic network self-healing in the event of a power outage. It is a sophisticated addition to the current electrical grid network that offers advanced feedback options, including, among others, active network management (ANM) systems and demand response management systems (DRMS). As a result of the rising effective outage, grid reliability, and inherent operational efficiency, the market is expected to grow in the coming years.

However, Grid-forming inverters are more complicated than grid-following inverters because they must actively regulate the voltage and frequency of the grid. This requires more sophisticated hardware and control algorithms. On the other hand, grid-following inverters just need to be able to watch the grid's voltage and frequency, which may be accomplished with less sophisticated hardware and control algorithms. Therefore, due to the extra complexity, grid-forming inverters are often costlier than grid-following inverters. Therefore, these obstacles may impede the market's growth in the coming years.

Application Outlook

Based on application, the market is classified into solar PV plants, wind power plants, energy storage systems, and electric vehicles. The wind power plants segment acquired a substantial revenue share in the market in 2022. Wind power plants increasingly use grid-forming inverters to promote grid stability and improve the integration of wind energy into the electrical grid. These specialized inverters play a vital role in establishing and sustaining a stable grid environment, allowing wind power plants to operate in grid-forming mode instead of relying solely on the stability of the existing grid.

Grid-forming Inverter Market Share 2022

The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies to cater to demand coming from the different industries. The key developmental strategies in the market are Acquisitions, and Partnerships & Collaborations.

Type Outlook

By type, the market is categorized into micro inverter, string inverter, and central inverter. In 2022, the string inverter segment covered a considerable revenue share in the market. String inverters are typically more cost-effective for smaller-scale solar PV installations. They provide a good balance of performance and cost, making them an attractive option for residential and small commercial projects. When compared to other types of grid-forming inverters, which are more sophisticated, string grid-forming inverters are often easier to install and maintain.

Grid-forming Inverter Market Share and Industry Analysis Report 2022

Voltage Outlook

On the basis of voltage, the market is divided into 100-300 V, 300-500 V, and above 500 V. The 300 - 500 V segment garnered a significant revenue share in the market. Grid-forming inverters with input voltage levels between 300 to 500 V are versatile components used in a wide range of applications, including residential solar installations, commercial projects, microgrids, energy storage systems, and off-grid solutions. Grid-forming inverters operating with input voltage levels between 300 to 500 volts (V) are commonly used in various renewable energy and microgrid applications. These inverters play a critical role in converting the DC power generated by sources such as solar panels and batteries into AC power that can be synchronized with the grid or operate in islanded mode.

Power Rating Outlook

By power rating, the market is segmented into below 50 KW, 50–100 KW, and above 100 KW. The below 50 KW segment registered the maximum revenue share in the market in 2022. Grid-forming inverters with capacities below 50 kW serve as building blocks for smaller-scale energy systems. They enable energy generation, distribution, and control in a variety of contexts, ranging from residential solar installations to microgrids in remote communities and beyond. These inverters contribute to the decentralization and democratization of energy production, enhancing energy efficiency and sustainability.

Grid-forming Inverter Market Report Coverage
Report Attribute Details
Market size value in 2022 USD 618.2 Million
Market size forecast in 2030 USD 1.2 Billion
Base Year 2022
Historical Period 2019 to 2021
Forecast Period 2023 to 2030
Revenue Growth Rate CAGR of 9.2% from 2023 to 2030
Number of Pages 292
Number of Table 450
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Market Share Analysis, Companies Strategic Developments, Company Profiling
Segments covered Type, Application, Voltage, Power Rating, Region
Country scope US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria
Growth Drivers
  • Rising renewable energy investment
  • Effective outage, grid reliability, and inherent operational efficiency
Restraints
  • Higher costs than grid-following inverters

Free Valuable Insights: Global Grid-forming Inverter Market size to reach USD 1.2 Billion by 2030

Regional Outlook

Region wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region led the market by generating the highest revenue share. In the Asia Pacific region, the adoption of energy storage technologies, such as battery storage, is increasing momentum. Energy storage facilitates system stability and improves renewable energy integration by storing excess renewable energy and releasing it when demand is high. Governments are revising and implementing new policies and regulations that promote renewable energy grid integration.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), SolarEdge Technologies, Inc., Enphase Energy, Inc., Schneider Electric SE, General Electric Company, Delta Electronics, Inc., Sungrow Power Supply Co., Ltd., Fimer Group, KACO new energy GmbH and GoodWe.

Strategies deployed in the Market

  • Jul-2023: Huawei Digital Power came into collaboration with Sembcorp Industries, an energy and urban development company. Under the Collaboration, the firms will research and apply methods to ensure power grid resilience, and stability, and improve PV integration using grid-forming ESS. Additionally, the company will persist in digitally transforming energy, creating novel power systems centered around renewable sources.
  • Jul-2023: SolarEdge Technologies, Inc. signed an agreement with Infineon Technologies AG, a global leader in power semiconductors. Under this agreement, both companies aim to advance upcoming technologies and innovative solar products, leveraging wide bandgap materials crucial for worldwide green energy provision.
  • Feb-2023: Enphase Energy, Inc. partnered with Lumio, a leader in personalized renewable energy. The partnership broadens Enphase's portfolio of Enphase® IQ8™ Microinverters and IQ™ Batteries across the United States. Moreover, Lumio enhances Enphase Energy Systems' reach, providing homeowners with increased access to dependable, sustainable, and off-grid power solutions.
  • Jan-2023: Enphase Energy, Inc. partnered with Enerix, a service provider for distributed energy systems, to expand Enphase product offerings in Europe. Through this partnership, Enerix will offer Enphase Energy Systems, to its partners across Germany and Austria. Additionally, the partnership will expand the footprints of Enphase Energy, Inc. in Germany and Austria.
  • May-2022: Huawei came into an agreement with SolarEdge Technologies Inc., a developer of a DC-optimized inverter system. Under this agreement, both companies would utilize each other's patented technology through acknowledgment of their collective innovation prowess. Additionally, the deal involves a reciprocal patent license for both firms' products and additional rights. Moreover, Huawei offers comprehensive Smart PV solutions, featuring inventive products like Smart String Inverter, Smart String ESS, and more.
  • Oct-2021: Enphase Energy, Inc. launched its latest Enphase Energy System in North America with IQ8™ solar microinverters. Unlike rivals, IQ8 can create a microgrid using sunlight alone during outages, offering backup power without needing a battery. The IQ8 microinverter is a true game-changer for the industry, pioneering microgrid technology.
  • Jul-2021: FIMER Group came into partnership with Peel Renewable Energy, Avora Energy, Sunrise Energy Group, Jarrah Solutions, and DevelopmentWA to design and manufacture the one-of-a-kind solar, battery, and microgrid solution. The project involved meticulous custom engineering by FIMER, spanning a year of collaborative planning between Australian and European teams.

Scope of the Study

Market Segments Covered in the Report:

By Application

  • Solar PV Plants
  • Wind Power Plants
  • Energy Storage Systems
  • Electric Vehicles

By Type

  • Central Inverter
  • Micro Inverter
  • String Inverter

By Voltage

  • Above 500 V
  • 300 - 500 V
  • 100 - 300 V

By Power Rating

  • Below 50 KW
  • 50 - 100 KW
  • Above 100 KW

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • SolarEdge Technologies, Inc.
  • Enphase Energy, Inc.
  • Schneider Electric SE
  • General Electric Company
  • Delta Electronics, Inc.
  • Sungrow Power Supply Co., Ltd.
  • Fimer Group
  • KACO new energy GmbH
  • GoodWe
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Grid-forming Inverter Market, by Application
1.4.2 Global Grid-forming Inverter Market, by Type
1.4.3 Global Grid-forming Inverter Market, by Voltage
1.4.4 Global Grid-forming Inverter Market, by Power Rating
1.4.5 Global Grid-forming Inverter Market, by Geography
1.5 Methodology for the research

Chapter 2. Market At a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints

Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2022
4.2 Strategies Deployed in Grid-forming Inverter Market
4.3 Porter’s Five Forces Analysis

Chapter 5. Global Grid-forming Inverter Market by Application
5.1 Global Solar PV Plants Market by Region
5.2 Global Wind Power Plants Market by Region
5.3 Global Energy Storage Systems Market by Region
5.4 Global Electric Vehicles Market by Region

Chapter 6. Global Grid-forming Inverter Market by Type
6.1 Global Central Inverter Market by Region
6.2 Global Micro Inverter Market by Region
6.3 Global String Inverter Market by Region

Chapter 7. Global Grid-forming Inverter Market by Voltage
7.1 Global Above 500 V Market by Region
7.2 Global 300 - 500 V Market by Region
7.3 Global 100 - 300 V Market by Region

Chapter 8. Global Grid-forming Inverter Market by Power Rating
8.1 Global Below 50 KW Market by Region
8.2 Global 50 - 100 KW Market by Region
8.3 Global Above 100 KW Market by Region

Chapter 9. Global Grid-forming Inverter Market by Region
9.1 North America Grid-forming Inverter Market
9.1.1 North America Grid-forming Inverter Market by Application
9.1.1.1 North America Solar PV Plants Market by Country
9.1.1.2 North America Wind Power Plants Market by Country
9.1.1.3 North America Energy Storage Systems Market by Country
9.1.1.4 North America Electric Vehicles Market by Country
9.1.2 North America Grid-forming Inverter Market by Type
9.1.2.1 North America Central Inverter Market by Country
9.1.2.2 North America Micro Inverter Market by Country
9.1.2.3 North America String Inverter Market by Country
9.1.3 North America Grid-forming Inverter Market by Voltage
9.1.3.1 North America Above 500 V Market by Country
9.1.3.2 North America 300 - 500 V Market by Country
9.1.3.3 North America 100 - 300 V Market by Country
9.1.4 North America Grid-forming Inverter Market by Power Rating
9.1.4.1 North America Below 50 KW Market by Country
9.1.4.2 North America 50 - 100 KW Market by Country
9.1.4.3 North America Above 100 KW Market by Country
9.1.5 North America Grid-forming Inverter Market by Country
9.1.5.1 US Grid-forming Inverter Market
9.1.5.1.1 US Grid-forming Inverter Market by Application
9.1.5.1.2 US Grid-forming Inverter Market by Type
9.1.5.1.3 US Grid-forming Inverter Market by Voltage
9.1.5.1.4 US Grid-forming Inverter Market by Power Rating
9.1.5.2 Canada Grid-forming Inverter Market
9.1.5.2.1 Canada Grid-forming Inverter Market by Application
9.1.5.2.2 Canada Grid-forming Inverter Market by Type
9.1.5.2.3 Canada Grid-forming Inverter Market by Voltage
9.1.5.2.4 Canada Grid-forming Inverter Market by Power Rating
9.1.5.3 Mexico Grid-forming Inverter Market
9.1.5.3.1 Mexico Grid-forming Inverter Market by Application
9.1.5.3.2 Mexico Grid-forming Inverter Market by Type
9.1.5.3.3 Mexico Grid-forming Inverter Market by Voltage
9.1.5.3.4 Mexico Grid-forming Inverter Market by Power Rating
9.1.5.4 Rest of North America Grid-forming Inverter Market
9.1.5.4.1 Rest of North America Grid-forming Inverter Market by Application
9.1.5.4.2 Rest of North America Grid-forming Inverter Market by Type
9.1.5.4.3 Rest of North America Grid-forming Inverter Market by Voltage
9.1.5.4.4 Rest of North America Grid-forming Inverter Market by Power Rating
9.2 Europe Grid-forming Inverter Market
9.2.1 Europe Grid-forming Inverter Market by Application
9.2.1.1 Europe Solar PV Plants Market by Country
9.2.1.2 Europe Wind Power Plants Market by Country
9.2.1.3 Europe Energy Storage Systems Market by Country
9.2.1.4 Europe Electric Vehicles Market by Country
9.2.2 Europe Grid-forming Inverter Market by Type
9.2.2.1 Europe Central Inverter Market by Country
9.2.2.2 Europe Micro Inverter Market by Country
9.2.2.3 Europe String Inverter Market by Country
9.2.3 Europe Grid-forming Inverter Market by Voltage
9.2.3.1 Europe Above 500 V Market by Country
9.2.3.2 Europe 300 - 500 V Market by Country
9.2.3.3 Europe 100 - 300 V Market by Country
9.2.4 Europe Grid-forming Inverter Market by Power Rating
9.2.4.1 Europe Below 50 KW Market by Country
9.2.4.2 Europe 50 - 100 KW Market by Country
9.2.4.3 Europe Above 100 KW Market by Country
9.2.5 Europe Grid-forming Inverter Market by Country
9.2.5.1 Germany Grid-forming Inverter Market
9.2.5.1.1 Germany Grid-forming Inverter Market by Application
9.2.5.1.2 Germany Grid-forming Inverter Market by Type
9.2.5.1.3 Germany Grid-forming Inverter Market by Voltage
9.2.5.1.4 Germany Grid-forming Inverter Market by Power Rating
9.2.5.2 UK Grid-forming Inverter Market
9.2.5.2.1 UK Grid-forming Inverter Market by Application
9.2.5.2.2 UK Grid-forming Inverter Market by Type
9.2.5.2.3 UK Grid-forming Inverter Market by Voltage
9.2.5.2.4 UK Grid-forming Inverter Market by Power Rating
9.2.5.3 France Grid-forming Inverter Market
9.2.5.3.1 France Grid-forming Inverter Market by Application
9.2.5.3.2 France Grid-forming Inverter Market by Type
9.2.5.3.3 France Grid-forming Inverter Market by Voltage
9.2.5.3.4 France Grid-forming Inverter Market by Power Rating
9.2.5.4 Russia Grid-forming Inverter Market
9.2.5.4.1 Russia Grid-forming Inverter Market by Application
9.2.5.4.2 Russia Grid-forming Inverter Market by Type
9.2.5.4.3 Russia Grid-forming Inverter Market by Voltage
9.2.5.4.4 Russia Grid-forming Inverter Market by Power Rating
9.2.5.5 Spain Grid-forming Inverter Market
9.2.5.5.1 Spain Grid-forming Inverter Market by Application
9.2.5.5.2 Spain Grid-forming Inverter Market by Type
9.2.5.5.3 Spain Grid-forming Inverter Market by Voltage
9.2.5.5.4 Spain Grid-forming Inverter Market by Power Rating
9.2.5.6 Italy Grid-forming Inverter Market
9.2.5.6.1 Italy Grid-forming Inverter Market by Application
9.2.5.6.2 Italy Grid-forming Inverter Market by Type
9.2.5.6.3 Italy Grid-forming Inverter Market by Voltage
9.2.5.6.4 Italy Grid-forming Inverter Market by Power Rating
9.2.5.7 Rest of Europe Grid-forming Inverter Market
9.2.5.7.1 Rest of Europe Grid-forming Inverter Market by Application
9.2.5.7.2 Rest of Europe Grid-forming Inverter Market by Type
9.2.5.7.3 Rest of Europe Grid-forming Inverter Market by Voltage
9.2.5.7.4 Rest of Europe Grid-forming Inverter Market by Power Rating
9.3 Asia Pacific Grid-forming Inverter Market
9.3.1 Asia Pacific Grid-forming Inverter Market by Application
9.3.1.1 Asia Pacific Solar PV Plants Market by Country
9.3.1.2 Asia Pacific Wind Power Plants Market by Country
9.3.1.3 Asia Pacific Energy Storage Systems Market by Country
9.3.1.4 Asia Pacific Electric Vehicles Market by Country
9.3.2 Asia Pacific Grid-forming Inverter Market by Type
9.3.2.1 Asia Pacific Central Inverter Market by Country
9.3.2.2 Asia Pacific Micro Inverter Market by Country
9.3.2.3 Asia Pacific String Inverter Market by Country
9.3.3 Asia Pacific Grid-forming Inverter Market by Voltage
9.3.3.1 Asia Pacific Above 500 V Market by Country
9.3.3.2 Asia Pacific 300 - 500 V Market by Country
9.3.3.3 Asia Pacific 100 - 300 V Market by Country
9.3.4 Asia Pacific Grid-forming Inverter Market by Power Rating
9.3.4.1 Asia Pacific Below 50 KW Market by Country
9.3.4.2 Asia Pacific 50 - 100 KW Market by Country
9.3.4.3 Asia Pacific Above 100 KW Market by Country
9.3.5 Asia Pacific Grid-forming Inverter Market by Country
9.3.5.1 China Grid-forming Inverter Market
9.3.5.1.1 China Grid-forming Inverter Market by Application
9.3.5.1.2 China Grid-forming Inverter Market by Type
9.3.5.1.3 China Grid-forming Inverter Market by Voltage
9.3.5.1.4 China Grid-forming Inverter Market by Power Rating
9.3.5.2 Japan Grid-forming Inverter Market
9.3.5.2.1 Japan Grid-forming Inverter Market by Application
9.3.5.2.2 Japan Grid-forming Inverter Market by Type
9.3.5.2.3 Japan Grid-forming Inverter Market by Voltage
9.3.5.2.4 Japan Grid-forming Inverter Market by Power Rating
9.3.5.3 India Grid-forming Inverter Market
9.3.5.3.1 India Grid-forming Inverter Market by Application
9.3.5.3.2 India Grid-forming Inverter Market by Type
9.3.5.3.3 India Grid-forming Inverter Market by Voltage
9.3.5.3.4 India Grid-forming Inverter Market by Power Rating
9.3.5.4 South Korea Grid-forming Inverter Market
9.3.5.4.1 South Korea Grid-forming Inverter Market by Application
9.3.5.4.2 South Korea Grid-forming Inverter Market by Type
9.3.5.4.3 South Korea Grid-forming Inverter Market by Voltage
9.3.5.4.4 South Korea Grid-forming Inverter Market by Power Rating
9.3.5.5 Singapore Grid-forming Inverter Market
9.3.5.5.1 Singapore Grid-forming Inverter Market by Application
9.3.5.5.2 Singapore Grid-forming Inverter Market by Type
9.3.5.5.3 Singapore Grid-forming Inverter Market by Voltage
9.3.5.5.4 Singapore Grid-forming Inverter Market by Power Rating
9.3.5.6 Malaysia Grid-forming Inverter Market
9.3.5.6.1 Malaysia Grid-forming Inverter Market by Application
9.3.5.6.2 Malaysia Grid-forming Inverter Market by Type
9.3.5.6.3 Malaysia Grid-forming Inverter Market by Voltage
9.3.5.6.4 Malaysia Grid-forming Inverter Market by Power Rating
9.3.5.7 Rest of Asia Pacific Grid-forming Inverter Market
9.3.5.7.1 Rest of Asia Pacific Grid-forming Inverter Market by Application
9.3.5.7.2 Rest of Asia Pacific Grid-forming Inverter Market by Type
9.3.5.7.3 Rest of Asia Pacific Grid-forming Inverter Market by Voltage
9.3.5.7.4 Rest of Asia Pacific Grid-forming Inverter Market by Power Rating
9.4 LAMEA Grid-forming Inverter Market
9.4.1 LAMEA Grid-forming Inverter Market by Application
9.4.1.1 LAMEA Solar PV Plants Market by Country
9.4.1.2 LAMEA Wind Power Plants Market by Country
9.4.1.3 LAMEA Energy Storage Systems Market by Country
9.4.1.4 LAMEA Electric Vehicles Market by Country
9.4.2 LAMEA Grid-forming Inverter Market by Type
9.4.2.1 LAMEA Central Inverter Market by Country
9.4.2.2 LAMEA Micro Inverter Market by Country
9.4.2.3 LAMEA String Inverter Market by Country
9.4.3 LAMEA Grid-forming Inverter Market by Voltage
9.4.3.1 LAMEA Above 500 V Market by Country
9.4.3.2 LAMEA 300 - 500 V Market by Country
9.4.3.3 LAMEA 100 - 300 V Market by Country
9.4.4 LAMEA Grid-forming Inverter Market by Power Rating
9.4.4.1 LAMEA Below 50 KW Market by Country
9.4.4.2 LAMEA 50 - 100 KW Market by Country
9.4.4.3 LAMEA Above 100 KW Market by Country
9.4.5 LAMEA Grid-forming Inverter Market by Country
9.4.5.1 Brazil Grid-forming Inverter Market
9.4.5.1.1 Brazil Grid-forming Inverter Market by Application
9.4.5.1.2 Brazil Grid-forming Inverter Market by Type
9.4.5.1.3 Brazil Grid-forming Inverter Market by Voltage
9.4.5.1.4 Brazil Grid-forming Inverter Market by Power Rating
9.4.5.2 Argentina Grid-forming Inverter Market
9.4.5.2.1 Argentina Grid-forming Inverter Market by Application
9.4.5.2.2 Argentina Grid-forming Inverter Market by Type
9.4.5.2.3 Argentina Grid-forming Inverter Market by Voltage
9.4.5.2.4 Argentina Grid-forming Inverter Market by Power Rating
9.4.5.3 UAE Grid-forming Inverter Market
9.4.5.3.1 UAE Grid-forming Inverter Market by Application
9.4.5.3.2 UAE Grid-forming Inverter Market by Type
9.4.5.3.3 UAE Grid-forming Inverter Market by Voltage
9.4.5.3.4 UAE Grid-forming Inverter Market by Power Rating
9.4.5.4 Saudi Arabia Grid-forming Inverter Market
9.4.5.4.1 Saudi Arabia Grid-forming Inverter Market by Application
9.4.5.4.2 Saudi Arabia Grid-forming Inverter Market by Type
9.4.5.4.3 Saudi Arabia Grid-forming Inverter Market by Voltage
9.4.5.4.4 Saudi Arabia Grid-forming Inverter Market by Power Rating
9.4.5.5 South Africa Grid-forming Inverter Market
9.4.5.5.1 South Africa Grid-forming Inverter Market by Application
9.4.5.5.2 South Africa Grid-forming Inverter Market by Type
9.4.5.5.3 South Africa Grid-forming Inverter Market by Voltage
9.4.5.5.4 South Africa Grid-forming Inverter Market by Power Rating
9.4.5.6 Nigeria Grid-forming Inverter Market
9.4.5.6.1 Nigeria Grid-forming Inverter Market by Application
9.4.5.6.2 Nigeria Grid-forming Inverter Market by Type
9.4.5.6.3 Nigeria Grid-forming Inverter Market by Voltage
9.4.5.6.4 Nigeria Grid-forming Inverter Market by Power Rating
9.4.5.7 Rest of LAMEA Grid-forming Inverter Market
9.4.5.7.1 Rest of LAMEA Grid-forming Inverter Market by Application
9.4.5.7.2 Rest of LAMEA Grid-forming Inverter Market by Type
9.4.5.7.3 Rest of LAMEA Grid-forming Inverter Market by Voltage
9.4.5.7.4 Rest of LAMEA Grid-forming Inverter Market by Power Rating

Chapter 10. Company Profiles
10.1 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.6 SWOT Analysis
10.2 SolarEdge Technologies, Inc.
10.2.1 Company Overview
10.2.2 Recent strategies and developments:
10.2.2.1 Partnerships, Collaborations, and Agreements:
10.2.3 SWOT Analysis
10.3 Enphase Energy, Inc.
10.3.1 Company Overview
10.3.2 Recent strategies and developments:
10.3.2.1 Partnerships, Collaborations, and Agreements:
10.3.2.2 Product Launches and Product Expansions:
10.3.3 SWOT Analysis
10.4 Schneider Electric SE
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 SWOT Analysis
10.5 General Electric Company
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 SWOT Analysis
10.6 Delta Electronics, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Research & Development Expense
10.6.4 SWOT Analysis
10.7 Sungrow Power Supply Co., Ltd.
10.7.1 Company Overview
10.7.2 SWOT Analysis
10.8 Fimer Group
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Partnerships, Collaborations, and Agreements:
10.8.3 SWOT Analysis
10.9 KACO new energy GmbH (Siemens AG)
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 SWOT Analysis
10.10. GoodWe
10.10.1 Company Overview
10.10.2 SWOT Analysis

Chapter 11. Winning Imperative for Grid-forming Inverter
TABLE 1 Global Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 2 Global Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 3 Global Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 4 Global Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 5 Global Solar PV Plants Market by Region, 2019 - 2022, USD Million
TABLE 6 Global Solar PV Plants Market by Region, 2023 - 2030, USD Million
TABLE 7 Global Wind Power Plants Market by Region, 2019 - 2022, USD Million
TABLE 8 Global Wind Power Plants Market by Region, 2023 - 2030, USD Million
TABLE 9 Global Energy Storage Systems Market by Region, 2019 - 2022, USD Million
TABLE 10 Global Energy Storage Systems Market by Region, 2023 - 2030, USD Million
TABLE 11 Global Electric Vehicles Market by Region, 2019 - 2022, USD Million
TABLE 12 Global Electric Vehicles Market by Region, 2023 - 2030, USD Million
TABLE 13 Global Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 14 Global Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 15 Global Central Inverter Market by Region, 2019 - 2022, USD Million
TABLE 16 Global Central Inverter Market by Region, 2023 - 2030, USD Million
TABLE 17 Global Micro Inverter Market by Region, 2019 - 2022, USD Million
TABLE 18 Global Micro Inverter Market by Region, 2023 - 2030, USD Million
TABLE 19 Global String Inverter Market by Region, 2019 - 2022, USD Million
TABLE 20 Global String Inverter Market by Region, 2023 - 2030, USD Million
TABLE 21 Global Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 22 Global Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 23 Global Above 500 V Market by Region, 2019 - 2022, USD Million
TABLE 24 Global Above 500 V Market by Region, 2023 - 2030, USD Million
TABLE 25 Global 300 - 500 V Market by Region, 2019 - 2022, USD Million
TABLE 26 Global 300 - 500 V Market by Region, 2023 - 2030, USD Million
TABLE 27 Global 100 - 300 V Market by Region, 2019 - 2022, USD Million
TABLE 28 Global 100 - 300 V Market by Region, 2023 - 2030, USD Million
TABLE 29 Global Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 30 Global Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 31 Global Below 50 KW Market by Region, 2019 - 2022, USD Million
TABLE 32 Global Below 50 KW Market by Region, 2023 - 2030, USD Million
TABLE 33 Global 50 - 100 KW Market by Region, 2019 - 2022, USD Million
TABLE 34 Global 50 - 100 KW Market by Region, 2023 - 2030, USD Million
TABLE 35 Global Above 100 KW Market by Region, 2019 - 2022, USD Million
TABLE 36 Global Above 100 KW Market by Region, 2023 - 2030, USD Million
TABLE 37 Global Grid-forming Inverter Market by Region, 2019 - 2022, USD Million
TABLE 38 Global Grid-forming Inverter Market by Region, 2023 - 2030, USD Million
TABLE 39 North America Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 40 North America Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 41 North America Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 42 North America Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 43 North America Solar PV Plants Market by Country, 2019 - 2022, USD Million
TABLE 44 North America Solar PV Plants Market by Country, 2023 - 2030, USD Million
TABLE 45 North America Wind Power Plants Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Wind Power Plants Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Energy Storage Systems Market by Country, 2019 - 2022, USD Million
TABLE 48 North America Energy Storage Systems Market by Country, 2023 - 2030, USD Million
TABLE 49 North America Electric Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Electric Vehicles Market by Country, 2023 - 2030, USD Million
TABLE 51 North America Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 52 North America Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 53 North America Central Inverter Market by Country, 2019 - 2022, USD Million
TABLE 54 North America Central Inverter Market by Country, 2023 - 2030, USD Million
TABLE 55 North America Micro Inverter Market by Country, 2019 - 2022, USD Million
TABLE 56 North America Micro Inverter Market by Country, 2023 - 2030, USD Million
TABLE 57 North America String Inverter Market by Country, 2019 - 2022, USD Million
TABLE 58 North America String Inverter Market by Country, 2023 - 2030, USD Million
TABLE 59 North America Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 60 North America Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 61 North America Above 500 V Market by Country, 2019 - 2022, USD Million
TABLE 62 North America Above 500 V Market by Country, 2023 - 2030, USD Million
TABLE 63 North America 300 - 500 V Market by Country, 2019 - 2022, USD Million
TABLE 64 North America 300 - 500 V Market by Country, 2023 - 2030, USD Million
TABLE 65 North America 100 - 300 V Market by Country, 2019 - 2022, USD Million
TABLE 66 North America 100 - 300 V Market by Country, 2023 - 2030, USD Million
TABLE 67 North America Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 68 North America Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 69 North America Below 50 KW Market by Country, 2019 - 2022, USD Million
TABLE 70 North America Below 50 KW Market by Country, 2023 - 2030, USD Million
TABLE 71 North America 50 - 100 KW Market by Country, 2019 - 2022, USD Million
TABLE 72 North America 50 - 100 KW Market by Country, 2023 - 2030, USD Million
TABLE 73 North America Above 100 KW Market by Country, 2019 - 2022, USD Million
TABLE 74 North America Above 100 KW Market by Country, 2023 - 2030, USD Million
TABLE 75 North America Grid-forming Inverter Market by Country, 2019 - 2022, USD Million
TABLE 76 North America Grid-forming Inverter Market by Country, 2023 - 2030, USD Million
TABLE 77 US Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 78 US Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 79 US Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 80 US Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 81 US Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 82 US Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 83 US Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 84 US Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 85 US Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 86 US Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 87 Canada Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 88 Canada Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 89 Canada Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 90 Canada Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 91 Canada Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 92 Canada Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 93 Canada Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 94 Canada Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 95 Canada Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 96 Canada Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 97 Mexico Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 98 Mexico Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 99 Mexico Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 100 Mexico Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 101 Mexico Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 102 Mexico Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 103 Mexico Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 104 Mexico Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 105 Mexico Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 106 Mexico Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 107 Rest of North America Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 108 Rest of North America Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 109 Rest of North America Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 110 Rest of North America Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 111 Rest of North America Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 112 Rest of North America Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 113 Rest of North America Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 114 Rest of North America Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 115 Rest of North America Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 116 Rest of North America Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 117 Europe Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 118 Europe Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 119 Europe Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 120 Europe Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 121 Europe Solar PV Plants Market by Country, 2019 - 2022, USD Million
TABLE 122 Europe Solar PV Plants Market by Country, 2023 - 2030, USD Million
TABLE 123 Europe Wind Power Plants Market by Country, 2019 - 2022, USD Million
TABLE 124 Europe Wind Power Plants Market by Country, 2023 - 2030, USD Million
TABLE 125 Europe Energy Storage Systems Market by Country, 2019 - 2022, USD Million
TABLE 126 Europe Energy Storage Systems Market by Country, 2023 - 2030, USD Million
TABLE 127 Europe Electric Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 128 Europe Electric Vehicles Market by Country, 2023 - 2030, USD Million
TABLE 129 Europe Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 130 Europe Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 131 Europe Central Inverter Market by Country, 2019 - 2022, USD Million
TABLE 132 Europe Central Inverter Market by Country, 2023 - 2030, USD Million
TABLE 133 Europe Micro Inverter Market by Country, 2019 - 2022, USD Million
TABLE 134 Europe Micro Inverter Market by Country, 2023 - 2030, USD Million
TABLE 135 Europe String Inverter Market by Country, 2019 - 2022, USD Million
TABLE 136 Europe String Inverter Market by Country, 2023 - 2030, USD Million
TABLE 137 Europe Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 138 Europe Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 139 Europe Above 500 V Market by Country, 2019 - 2022, USD Million
TABLE 140 Europe Above 500 V Market by Country, 2023 - 2030, USD Million
TABLE 141 Europe 300 - 500 V Market by Country, 2019 - 2022, USD Million
TABLE 142 Europe 300 - 500 V Market by Country, 2023 - 2030, USD Million
TABLE 143 Europe 100 - 300 V Market by Country, 2019 - 2022, USD Million
TABLE 144 Europe 100 - 300 V Market by Country, 2023 - 2030, USD Million
TABLE 145 Europe Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 146 Europe Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 147 Europe Below 50 KW Market by Country, 2019 - 2022, USD Million
TABLE 148 Europe Below 50 KW Market by Country, 2023 - 2030, USD Million
TABLE 149 Europe 50 - 100 KW Market by Country, 2019 - 2022, USD Million
TABLE 150 Europe 50 - 100 KW Market by Country, 2023 - 2030, USD Million
TABLE 151 Europe Above 100 KW Market by Country, 2019 - 2022, USD Million
TABLE 152 Europe Above 100 KW Market by Country, 2023 - 2030, USD Million
TABLE 153 Europe Grid-forming Inverter Market by Country, 2019 - 2022, USD Million
TABLE 154 Europe Grid-forming Inverter Market by Country, 2023 - 2030, USD Million
TABLE 155 Germany Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 156 Germany Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 157 Germany Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 158 Germany Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 159 Germany Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 160 Germany Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 161 Germany Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 162 Germany Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 163 Germany Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 164 Germany Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 165 UK Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 166 UK Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 167 UK Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 168 UK Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 169 UK Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 170 UK Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 171 UK Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 172 UK Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 173 UK Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 174 UK Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 175 France Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 176 France Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 177 France Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 178 France Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 179 France Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 180 France Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 181 France Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 182 France Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 183 France Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 184 France Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 185 Russia Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 186 Russia Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 187 Russia Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 188 Russia Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 189 Russia Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 190 Russia Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 191 Russia Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 192 Russia Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 193 Russia Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 194 Russia Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 195 Spain Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 196 Spain Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 197 Spain Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 198 Spain Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 199 Spain Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 200 Spain Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 201 Spain Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 202 Spain Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 203 Spain Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 204 Spain Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 205 Italy Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 206 Italy Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 207 Italy Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 208 Italy Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 209 Italy Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 210 Italy Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 211 Italy Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 212 Italy Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 213 Italy Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 214 Italy Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 215 Rest of Europe Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 216 Rest of Europe Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 217 Rest of Europe Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 218 Rest of Europe Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 219 Rest of Europe Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 220 Rest of Europe Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 221 Rest of Europe Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 222 Rest of Europe Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 223 Rest of Europe Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 224 Rest of Europe Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 225 Asia Pacific Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 226 Asia Pacific Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 227 Asia Pacific Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 228 Asia Pacific Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 229 Asia Pacific Solar PV Plants Market by Country, 2019 - 2022, USD Million
TABLE 230 Asia Pacific Solar PV Plants Market by Country, 2023 - 2030, USD Million
TABLE 231 Asia Pacific Wind Power Plants Market by Country, 2019 - 2022, USD Million
TABLE 232 Asia Pacific Wind Power Plants Market by Country, 2023 - 2030, USD Million
TABLE 233 Asia Pacific Energy Storage Systems Market by Country, 2019 - 2022, USD Million
TABLE 234 Asia Pacific Energy Storage Systems Market by Country, 2023 - 2030, USD Million
TABLE 235 Asia Pacific Electric Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 236 Asia Pacific Electric Vehicles Market by Country, 2023 - 2030, USD Million
TABLE 237 Asia Pacific Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 238 Asia Pacific Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 239 Asia Pacific Central Inverter Market by Country, 2019 - 2022, USD Million
TABLE 240 Asia Pacific Central Inverter Market by Country, 2023 - 2030, USD Million
TABLE 241 Asia Pacific Micro Inverter Market by Country, 2019 - 2022, USD Million
TABLE 242 Asia Pacific Micro Inverter Market by Country, 2023 - 2030, USD Million
TABLE 243 Asia Pacific String Inverter Market by Country, 2019 - 2022, USD Million
TABLE 244 Asia Pacific String Inverter Market by Country, 2023 - 2030, USD Million
TABLE 245 Asia Pacific Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 246 Asia Pacific Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 247 Asia Pacific Above 500 V Market by Country, 2019 - 2022, USD Million
TABLE 248 Asia Pacific Above 500 V Market by Country, 2023 - 2030, USD Million
TABLE 249 Asia Pacific 300 - 500 V Market by Country, 2019 - 2022, USD Million
TABLE 250 Asia Pacific 300 - 500 V Market by Country, 2023 - 2030, USD Million
TABLE 251 Asia Pacific 100 - 300 V Market by Country, 2019 - 2022, USD Million
TABLE 252 Asia Pacific 100 - 300 V Market by Country, 2023 - 2030, USD Million
TABLE 253 Asia Pacific Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 254 Asia Pacific Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 255 Asia Pacific Below 50 KW Market by Country, 2019 - 2022, USD Million
TABLE 256 Asia Pacific Below 50 KW Market by Country, 2023 - 2030, USD Million
TABLE 257 Asia Pacific 50 - 100 KW Market by Country, 2019 - 2022, USD Million
TABLE 258 Asia Pacific 50 - 100 KW Market by Country, 2023 - 2030, USD Million
TABLE 259 Asia Pacific Above 100 KW Market by Country, 2019 - 2022, USD Million
TABLE 260 Asia Pacific Above 100 KW Market by Country, 2023 - 2030, USD Million
TABLE 261 Asia Pacific Grid-forming Inverter Market by Country, 2019 - 2022, USD Million
TABLE 262 Asia Pacific Grid-forming Inverter Market by Country, 2023 - 2030, USD Million
TABLE 263 China Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 264 China Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 265 China Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 266 China Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 267 China Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 268 China Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 269 China Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 270 China Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 271 China Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 272 China Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 273 Japan Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 274 Japan Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 275 Japan Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 276 Japan Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 277 Japan Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 278 Japan Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 279 Japan Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 280 Japan Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 281 Japan Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 282 Japan Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 283 India Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 284 India Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 285 India Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 286 India Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 287 India Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 288 India Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 289 India Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 290 India Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 291 India Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 292 India Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 293 South Korea Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 294 South Korea Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 295 South Korea Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 296 South Korea Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 297 South Korea Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 298 South Korea Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 299 South Korea Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 300 South Korea Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 301 South Korea Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 302 South Korea Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 303 Singapore Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 304 Singapore Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 305 Singapore Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 306 Singapore Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 307 Singapore Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 308 Singapore Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 309 Singapore Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 310 Singapore Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 311 Singapore Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 312 Singapore Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 313 Malaysia Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 314 Malaysia Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 315 Malaysia Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 316 Malaysia Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 317 Malaysia Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 318 Malaysia Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 319 Malaysia Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 320 Malaysia Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 321 Malaysia Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 322 Malaysia Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 323 Rest of Asia Pacific Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 324 Rest of Asia Pacific Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 325 Rest of Asia Pacific Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 326 Rest of Asia Pacific Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 327 Rest of Asia Pacific Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 328 Rest of Asia Pacific Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 329 Rest of Asia Pacific Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 330 Rest of Asia Pacific Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 331 Rest of Asia Pacific Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 332 Rest of Asia Pacific Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 333 LAMEA Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 334 LAMEA Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 335 LAMEA Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 336 LAMEA Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 337 LAMEA Solar PV Plants Market by Country, 2019 - 2022, USD Million
TABLE 338 LAMEA Solar PV Plants Market by Country, 2023 - 2030, USD Million
TABLE 339 LAMEA Wind Power Plants Market by Country, 2019 - 2022, USD Million
TABLE 340 LAMEA Wind Power Plants Market by Country, 2023 - 2030, USD Million
TABLE 341 LAMEA Energy Storage Systems Market by Country, 2019 - 2022, USD Million
TABLE 342 LAMEA Energy Storage Systems Market by Country, 2023 - 2030, USD Million
TABLE 343 LAMEA Electric Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 344 LAMEA Electric Vehicles Market by Country, 2023 - 2030, USD Million
TABLE 345 LAMEA Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 346 LAMEA Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 347 LAMEA Central Inverter Market by Country, 2019 - 2022, USD Million
TABLE 348 LAMEA Central Inverter Market by Country, 2023 - 2030, USD Million
TABLE 349 LAMEA Micro Inverter Market by Country, 2019 - 2022, USD Million
TABLE 350 LAMEA Micro Inverter Market by Country, 2023 - 2030, USD Million
TABLE 351 LAMEA String Inverter Market by Country, 2019 - 2022, USD Million
TABLE 352 LAMEA String Inverter Market by Country, 2023 - 2030, USD Million
TABLE 353 LAMEA Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 354 LAMEA Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 355 LAMEA Above 500 V Market by Country, 2019 - 2022, USD Million
TABLE 356 LAMEA Above 500 V Market by Country, 2023 - 2030, USD Million
TABLE 357 LAMEA 300 - 500 V Market by Country, 2019 - 2022, USD Million
TABLE 358 LAMEA 300 - 500 V Market by Country, 2023 - 2030, USD Million
TABLE 359 LAMEA 100 - 300 V Market by Country, 2019 - 2022, USD Million
TABLE 360 LAMEA 100 - 300 V Market by Country, 2023 - 2030, USD Million
TABLE 361 LAMEA Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 362 LAMEA Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 363 LAMEA Below 50 KW Market by Country, 2019 - 2022, USD Million
TABLE 364 LAMEA Below 50 KW Market by Country, 2023 - 2030, USD Million
TABLE 365 LAMEA 50 - 100 KW Market by Country, 2019 - 2022, USD Million
TABLE 366 LAMEA 50 - 100 KW Market by Country, 2023 - 2030, USD Million
TABLE 367 LAMEA Above 100 KW Market by Country, 2019 - 2022, USD Million
TABLE 368 LAMEA Above 100 KW Market by Country, 2023 - 2030, USD Million
TABLE 369 LAMEA Grid-forming Inverter Market by Country, 2019 - 2022, USD Million
TABLE 370 LAMEA Grid-forming Inverter Market by Country, 2023 - 2030, USD Million
TABLE 371 Brazil Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 372 Brazil Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 373 Brazil Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 374 Brazil Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 375 Brazil Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 376 Brazil Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 377 Brazil Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 378 Brazil Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 379 Brazil Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 380 Brazil Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 381 Argentina Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 382 Argentina Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 383 Argentina Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 384 Argentina Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 385 Argentina Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 386 Argentina Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 387 Argentina Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 388 Argentina Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 389 Argentina Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 390 Argentina Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 391 UAE Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 392 UAE Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 393 UAE Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 394 UAE Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 395 UAE Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 396 UAE Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 397 UAE Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 398 UAE Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 399 UAE Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 400 UAE Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 401 Saudi Arabia Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 402 Saudi Arabia Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 403 Saudi Arabia Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 404 Saudi Arabia Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 405 Saudi Arabia Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 406 Saudi Arabia Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 407 Saudi Arabia Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 408 Saudi Arabia Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 409 Saudi Arabia Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 410 Saudi Arabia Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 411 South Africa Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 412 South Africa Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 413 South Africa Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 414 South Africa Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 415 South Africa Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 416 South Africa Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 417 South Africa Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 418 South Africa Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 419 South Africa Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 420 South Africa Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 421 Nigeria Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 422 Nigeria Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 423 Nigeria Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 424 Nigeria Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 425 Nigeria Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 426 Nigeria Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 427 Nigeria Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 428 Nigeria Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 429 Nigeria Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 430 Nigeria Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 431 Rest of LAMEA Grid-forming Inverter Market, 2019 - 2022, USD Million
TABLE 432 Rest of LAMEA Grid-forming Inverter Market, 2023 - 2030, USD Million
TABLE 433 Rest of LAMEA Grid-forming Inverter Market by Application, 2019 - 2022, USD Million
TABLE 434 Rest of LAMEA Grid-forming Inverter Market by Application, 2023 - 2030, USD Million
TABLE 435 Rest of LAMEA Grid-forming Inverter Market by Type, 2019 - 2022, USD Million
TABLE 436 Rest of LAMEA Grid-forming Inverter Market by Type, 2023 - 2030, USD Million
TABLE 437 Rest of LAMEA Grid-forming Inverter Market by Voltage, 2019 - 2022, USD Million
TABLE 438 Rest of LAMEA Grid-forming Inverter Market by Voltage, 2023 - 2030, USD Million
TABLE 439 Rest of LAMEA Grid-forming Inverter Market by Power Rating, 2019 - 2022, USD Million
TABLE 440 Rest of LAMEA Grid-forming Inverter Market by Power Rating, 2023 - 2030, USD Million
TABLE 441 Key Information – Huawei Technologies Co., Ltd.
TABLE 442 Key information – SolarEdge Technologies, Inc.
TABLE 443 Key information – Enphase Energy, Inc.
TABLE 444 Key information – Schneider Electric SE
TABLE 445 Key Information – General Electric Company
TABLE 446 Key Information – Delta Electronics, Inc.
TABLE 447 Key Information – Sungrow Power Supply Co., Ltd.
TABLE 448 Key Information – Fimer Group
TABLE 449 Key Information – KACO new energy GmbH
TABLE 450 Key Information – GoodWe

List of Figures
FIG 1 Methodology for the research
FIG 2 Global Grid-forming Inverter Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Grid-forming Inverter Market
FIG 4 Market Share Analysis, 2022
FIG 5 Porter’s Five Forces Analysis - Grid-forming Inverter Market
FIG 6 Global Grid-forming Inverter Market share by Application, 2022
FIG 7 Global Grid-forming Inverter Market share by Application, 2030
FIG 8 Global Grid-forming Inverter Market by Application, 2019 - 2030, USD Million
FIG 9 Global Grid-forming Inverter Market share by Type, 2022
FIG 10 Global Grid-forming Inverter Market share by Type, 2030
FIG 11 Global Grid-forming Inverter Market by Type, 2019 - 2030, USD Million
FIG 12 Global Grid-forming Inverter Market share by Voltage, 2022
FIG 13 Global Grid-forming Inverter Market share by Voltage, 2030
FIG 14 Global Grid-forming Inverter Market by Voltage, 2019 - 2030, USD Million
FIG 15 Global Grid-forming Inverter Market share by Power Rating, 2022
FIG 16 Global Grid-forming Inverter Market share by Power Rating, 2030
FIG 17 Global Grid-forming Inverter Market by Power Rating, 2019 - 2030, USD Million
FIG 18 Global Grid-forming Inverter Market share by Region, 2022
FIG 19 Global Grid-forming Inverter Market share by Region, 2030
FIG 20 Global Grid-forming Inverter Market by Region, 2019 - 2030, USD Million
FIG 21 SWOT Analysis: Huawei Investment & Holding Co., Ltd
FIG 22 SWOT Analysis: SolarEdge Technologies, Inc.
FIG 23 Recent strategies and developments: Enphase Energy, Inc.
FIG 24 SWOT Analysis: Enphase Energy, Inc.
FIG 25 SWOT Analysis: Schneider Electric SE
FIG 26 SWOT Analysis: General electric (GE) Co.
FIG 27 SWOT Analysis: Delta Electronics, Inc.
FIG 28 SWOT Analysis: Sungrow Power Supply Co., Ltd.
FIG 29 SWOT Analysis: Fimer Group
FIG 30 SWOT Analysis: KACO new energy GmbH
FIG 31 SWOT Analysis: GoodWe

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