DC/AC Inverter Market - Top Companies and Manufacturers

  • Report ID: 3597
  • Published Date: Aug 26, 2024
  • Report Format: PDF, PPT

Companies Dominating the DC-AC Inverter Landscape

    • SMA Solar Technology AG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Omron Corporation
    • Huawei Technologies Co., Ltd.
    • TMEIC
    • ABB Ltd.
    • Schneider Electric SE
    • Solar Edge Technologies Inc.
    • Tabuchi Electric Co., Ltd.
    • Bonfiglioli Transmissions Private Limited
    • Sunpower Corporation

Browse Key Market Insights with Data Illustration:

In the News

  • August 2020- Huawei launched SUN2000-105KTL-H1 string inverter, which supports bifacial PV modules used in 2 MW PV plants in Poland. The inverter produces 15-20 percent more energy than monofacial configuration.

  • September 2018- SMA launched the world’s most powerful inverter for central PV power plants called Sunny Central UP, which is claimed to increase the power output by 50 percent.  


Author Credits:  Dhruv Bhatia


  • Report ID: 3597
  • Published Date: Aug 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of DC-AC inverter is estimated at USD 8.89 billion.

DC-AC Inverter Market size was over USD 7.63 billion in 2023 and is anticipated to reach USD 88.05 billion by 2036, witnessing around 20.7% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by rapidly growing urbanization and increasing adoption of renewable energy sources for electricity generation worldwide.

Asia Pacific industry is expected to dominate majority revenue share by 2036, impelled by rise in demand for electricity in developing countries of the region, robust growth of industrialization and growing trend of green energy for power generation.

The major players in the market are SMA Solar Technology AG, Omron Corporation, Huawei Technologies Co., Ltd., TMEIC, ABB Ltd., and others
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