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ANMD-MRS8-072 · Published September 1, 2026 · Advanced Solar & Wind Technologies

Solar Inverters Market

A Sustainability Due Diligence & Market Research Study

Solar inverters are forecast to 2032 by architecture, covering string, central, hybrid and storage inverters and microinverters. Huawei, Sungrow, SMA, Fronius, Enphase, SolarEdge, Tesla Energy, GoodWe, Growatt, Solis, Deye, Hoymiles, Sineng, Power Electronics, Ingeteam, KACO, Delta and Luminous are among the companies profiled. Grid-code analysis spans IEEE 1547, UL 1741 SB and AEMO grid-forming requirements and India's BIS and ALMM inverter regimes, and the study follows grid-forming mandates, Gulf gigascale rounds and inverter testing at Fraunhofer ISE and NREL.

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Pages441
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Study Highlights

  • Value dips as China resets its solar pricing, then rebounds on storage coupling, replacement demand and new regions.
  • Hybrid and storage inverters grow fastest, and replacement demand rises sharply as older inverter fleets reach end of life.
  • Asia Pacific is the largest region, and the Middle East is among the fastest-growing on gigascale solar and storage awards.

Market values, growth rates and shares for every segment and region are in the full study. Request sample pages to see the presentation.

Table of Contents

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Chapter 1. About This Report Included
Chapter 2. Executive Market Brief Included
Chapter 3. Executive Summary and Market Metrics Dashboard Included
Chapter 6. How to Read the Country Modules Included
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Appendices: Glossary of Terms and Abbreviations, Corporate Directory, Patent Directory, Projects, Policies and Case-Study Register, Solar Inverters KPI Dictionary, Data Schema and Indicator Register. The detailed table of contents, with every section and exhibit, is included with the report sample pages.
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Frequently Asked Questions

What does the Solar Inverters study cover?

The study combines market sizing and forecasts with segmentation, regional and country analysis, technology and competitive analysis, policy developments and sustainability due diligence. The exact scope and depth of each part are set out in the table of contents and sample pages.

How current is the data in this report?

The study covers historical data for 2020–2024, a 2025 base year and annual forecasts to 2032. It reflects the data available at the time of publication, and the publication date is shown on this page.

What sustainability and ESG frameworks does it align to?

Where relevant to the market, the sustainability analysis refers to established frameworks such as GRI, SASB, ISSB/IFRS S1 and S2, TCFD, TNFD, CSRD/ESRS and the SDGs. The table of contents shows the frameworks covered in this study.

What format and license do I receive?

A watermarked PDF of around 441 pages. A Single-User License permits use by one individual user within the purchasing organization. A Global Corporate License permits internal use throughout the purchasing organization and its wholly owned subsidiaries. Both licensing options are displayed on the report page where available.

Can I see a sample before purchasing?

Yes. Request sample pages from this page. Requests from organization email addresses receive them instantly by secure download link, and requests from personal email addresses are reviewed and answered within one business day.