Utility Scale PV Inverter Market - Top Companies and Manufacturers

Companies Dominating the Utility Scale PV Inverter Landscape

Sungrow Power Supply Co., Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
SMA Solar Technology AG
Siemens
Growatt New Energy
Darfon Innovation Corporation
Eaton
SolarEdge Technologies Inc.
Fimer Group
Canadian Solar Inc
Jinlang Technology Co., Ltd.

Browse Key Market Insights with Data Illustration:

Utility Scale PV Inverter Market Size & Share, Growth Statistics 2037

In the News

Sungrow unveiled the SG200HX-US, of their newest string inverter during 2023’s RE+ in Las Vegas, NV held from September 11-14. . The product works with bigger format PV modules and has a maximum current of 20A per string. The product ensures proven safety by removing the potential of a string reverse connection with its one MPPT for two strings design.
Siemens announced that, in Kenosha, Wisconsin, where the company will manufacture utility scale solar components specifically designed to serve the US market, it will begin production of PV string inverters.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of floating wind power is assessed at USD 16.72 billion.

The utility scale pv inverter market size was valued at USD 15.69 billion in 2024 and is expected to reach USD 43.71 billion by 2037, expanding at around 8.2% CAGR during the forecast period i.e., between 2025-2037. Rising electrification projects, both in the rural and urban areas, Supportive governmental policies, environmental sustainability, Integration of energy storage systems will fuel the market growth.

North America industry is predicted to account for largest revenue share of 40% by 2037, due to a surge in large-scale solar projects, driven by supportive policies, tax incentives, and the declining costs of solar technology in the region.

The major players in the market are Sungrow Power Supply Co., Ltd., SMA Solar Technology AG, Siemens, Growatt New Energy, Darfon Innovation Corporation, Eaton, SolarEdge Technologies Inc., Fimer Group, Canadian Solar Inc, Jinlang Technology Co., Ltd.

Utility Scale PV Inverter Market - Top Companies and Manufacturers

Companies Dominating the Utility Scale PV Inverter Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the utility scale pv inverter market worth?

Why is the demand for utility scale pv inverter growing?

Which region dominated the majority of utility scale pv inverter industry share?

Who are the top utility scale pv inverter companies?