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Machinery & Equipment Global Grid-forming Inverter Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

  • RnM4560262
    • |
  • 15 October, 2023
    • |
  • Global
    • |
  • 128 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Machinery & Equipment

According to our (Global Info Research) latest study, the global Grid-forming Inverter market size was valued at USD 47 million in 2022 and is forecast to a readjusted size of USD 64 million by 2029 with a CAGR of 4.6% during review period.
The grid-forming inverter market is experiencing significant growth and evolving rapidly due to the increasing demand for renewable energy integration, grid stability, and the transition towards a more decentralized and resilient power system. Here are some key trends in the grid-forming inverter market:Growing renewable energy penetration: The increasing adoption of renewable energy sources, such as solar and wind power, requires advanced grid-forming inverters to efficiently integrate these intermittent energy sources into the grid. Grid-forming inverters play a crucial role in maintaining grid stability and enabling a higher penetration of renewables.
The Global Info Research report includes an overview of the development of the Grid-forming Inverter industry chain, the market status of Solar Photovoltaic Power Station (100-300V, 300-500V), Wind Power Plant (100-300V, 300-500V), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Grid-forming Inverter.
Regionally, the report analyzes the Grid-forming Inverter markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Grid-forming Inverter market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Grid-forming Inverter market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Grid-forming Inverter industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., 100-300V, 300-500V).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Grid-forming Inverter market.
Regional Analysis: The report involves examining the Grid-forming Inverter market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Grid-forming Inverter market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Grid-forming Inverter:
Company Analysis: Report covers individual Grid-forming Inverter manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Grid-forming Inverter This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Solar Photovoltaic Power Station, Wind Power Plant).
Technology Analysis: Report covers specific technologies relevant to Grid-forming Inverter. It assesses the current state, advancements, and potential future developments in Grid-forming Inverter areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Grid-forming Inverter market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Grid-forming Inverter market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
100-300V
300-500V
Above 500V
Market segment by Application
Solar Photovoltaic Power Station
Wind Power Plant
Energy Storage System
Other
Major players covered
Huawei Technologies Co. Ltd
General Electric
Power Electronics
SMA Solar Technology
Games Electric
FIMER
Growatt NewEnergy
TBEA XingjiangSunoasis
Froniuslnternational
Goodwe
Schneider Electric
SolarEdge Technologres
Sungrow Power Supply
Delta Electronics
Enphase Energy
AltenergyPower System
SensataTechnologies
DelphiTechnologies
TMEIC
KACO New Energy
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Grid-forming Inverter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Grid-forming Inverter, with price, sales, revenue and global market share of Grid-forming Inverter from 2018 to 2023.
Chapter 3, the Grid-forming Inverter competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Grid-forming Inverter breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Grid-forming Inverter market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Grid-forming Inverter.
Chapter 14 and 15, to describe Grid-forming Inverter sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope of Grid-forming Inverter
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Grid-forming Inverter Consumption Value by Type: 2018 Versus 2022 Versus 2029
    • 1.3.2 100-300V
    • 1.3.3 300-500V
    • 1.3.4 Above 500V
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Grid-forming Inverter Consumption Value by Application: 2018 Versus 2022 Versus 2029
    • 1.4.2 Solar Photovoltaic Power Station
    • 1.4.3 Wind Power Plant
    • 1.4.4 Energy Storage System
    • 1.4.5 Other
  • 1.5 Global Grid-forming Inverter Market Size & Forecast
    • 1.5.1 Global Grid-forming Inverter Consumption Value (2018 & 2022 & 2029)
    • 1.5.2 Global Grid-forming Inverter Sales Quantity (2018-2029)
    • 1.5.3 Global Grid-forming Inverter Average Price (2018-2029)

2 Manufacturers Profiles

  • 2.1 Huawei Technologies Co. Ltd
    • 2.1.1 Huawei Technologies Co. Ltd Details
    • 2.1.2 Huawei Technologies Co. Ltd Major Business
    • 2.1.3 Huawei Technologies Co. Ltd Grid-forming Inverter Product and Services
    • 2.1.4 Huawei Technologies Co. Ltd Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.1.5 Huawei Technologies Co. Ltd Recent Developments/Updates
  • 2.2 General Electric
    • 2.2.1 General Electric Details
    • 2.2.2 General Electric Major Business
    • 2.2.3 General Electric Grid-forming Inverter Product and Services
    • 2.2.4 General Electric Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.2.5 General Electric Recent Developments/Updates
  • 2.3 Power Electronics
    • 2.3.1 Power Electronics Details
    • 2.3.2 Power Electronics Major Business
    • 2.3.3 Power Electronics Grid-forming Inverter Product and Services
    • 2.3.4 Power Electronics Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.3.5 Power Electronics Recent Developments/Updates
  • 2.4 SMA Solar Technology
    • 2.4.1 SMA Solar Technology Details
    • 2.4.2 SMA Solar Technology Major Business
    • 2.4.3 SMA Solar Technology Grid-forming Inverter Product and Services
    • 2.4.4 SMA Solar Technology Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.4.5 SMA Solar Technology Recent Developments/Updates
  • 2.5 Games Electric
    • 2.5.1 Games Electric Details
    • 2.5.2 Games Electric Major Business
    • 2.5.3 Games Electric Grid-forming Inverter Product and Services
    • 2.5.4 Games Electric Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.5.5 Games Electric Recent Developments/Updates
  • 2.6 FIMER
    • 2.6.1 FIMER Details
    • 2.6.2 FIMER Major Business
    • 2.6.3 FIMER Grid-forming Inverter Product and Services
    • 2.6.4 FIMER Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.6.5 FIMER Recent Developments/Updates
  • 2.7 Growatt NewEnergy
    • 2.7.1 Growatt NewEnergy Details
    • 2.7.2 Growatt NewEnergy Major Business
    • 2.7.3 Growatt NewEnergy Grid-forming Inverter Product and Services
    • 2.7.4 Growatt NewEnergy Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.7.5 Growatt NewEnergy Recent Developments/Updates
  • 2.8 TBEA XingjiangSunoasis
    • 2.8.1 TBEA XingjiangSunoasis Details
    • 2.8.2 TBEA XingjiangSunoasis Major Business
    • 2.8.3 TBEA XingjiangSunoasis Grid-forming Inverter Product and Services
    • 2.8.4 TBEA XingjiangSunoasis Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.8.5 TBEA XingjiangSunoasis Recent Developments/Updates
  • 2.9 Froniuslnternational
    • 2.9.1 Froniuslnternational Details
    • 2.9.2 Froniuslnternational Major Business
    • 2.9.3 Froniuslnternational Grid-forming Inverter Product and Services
    • 2.9.4 Froniuslnternational Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.9.5 Froniuslnternational Recent Developments/Updates
  • 2.10 Goodwe
    • 2.10.1 Goodwe Details
    • 2.10.2 Goodwe Major Business
    • 2.10.3 Goodwe Grid-forming Inverter Product and Services
    • 2.10.4 Goodwe Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.10.5 Goodwe Recent Developments/Updates
  • 2.11 Schneider Electric
    • 2.11.1 Schneider Electric Details
    • 2.11.2 Schneider Electric Major Business
    • 2.11.3 Schneider Electric Grid-forming Inverter Product and Services
    • 2.11.4 Schneider Electric Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.11.5 Schneider Electric Recent Developments/Updates
  • 2.12 SolarEdge Technologres
    • 2.12.1 SolarEdge Technologres Details
    • 2.12.2 SolarEdge Technologres Major Business
    • 2.12.3 SolarEdge Technologres Grid-forming Inverter Product and Services
    • 2.12.4 SolarEdge Technologres Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.12.5 SolarEdge Technologres Recent Developments/Updates
  • 2.13 Sungrow Power Supply
    • 2.13.1 Sungrow Power Supply Details
    • 2.13.2 Sungrow Power Supply Major Business
    • 2.13.3 Sungrow Power Supply Grid-forming Inverter Product and Services
    • 2.13.4 Sungrow Power Supply Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.13.5 Sungrow Power Supply Recent Developments/Updates
  • 2.14 Delta Electronics
    • 2.14.1 Delta Electronics Details
    • 2.14.2 Delta Electronics Major Business
    • 2.14.3 Delta Electronics Grid-forming Inverter Product and Services
    • 2.14.4 Delta Electronics Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.14.5 Delta Electronics Recent Developments/Updates
  • 2.15 Enphase Energy
    • 2.15.1 Enphase Energy Details
    • 2.15.2 Enphase Energy Major Business
    • 2.15.3 Enphase Energy Grid-forming Inverter Product and Services
    • 2.15.4 Enphase Energy Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.15.5 Enphase Energy Recent Developments/Updates
  • 2.16 AltenergyPower System
    • 2.16.1 AltenergyPower System Details
    • 2.16.2 AltenergyPower System Major Business
    • 2.16.3 AltenergyPower System Grid-forming Inverter Product and Services
    • 2.16.4 AltenergyPower System Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.16.5 AltenergyPower System Recent Developments/Updates
  • 2.17 SensataTechnologies
    • 2.17.1 SensataTechnologies Details
    • 2.17.2 SensataTechnologies Major Business
    • 2.17.3 SensataTechnologies Grid-forming Inverter Product and Services
    • 2.17.4 SensataTechnologies Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.17.5 SensataTechnologies Recent Developments/Updates
  • 2.18 DelphiTechnologies
    • 2.18.1 DelphiTechnologies Details
    • 2.18.2 DelphiTechnologies Major Business
    • 2.18.3 DelphiTechnologies Grid-forming Inverter Product and Services
    • 2.18.4 DelphiTechnologies Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.18.5 DelphiTechnologies Recent Developments/Updates
  • 2.19 TMEIC
    • 2.19.1 TMEIC Details
    • 2.19.2 TMEIC Major Business
    • 2.19.3 TMEIC Grid-forming Inverter Product and Services
    • 2.19.4 TMEIC Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.19.5 TMEIC Recent Developments/Updates
  • 2.20 KACO New Energy
    • 2.20.1 KACO New Energy Details
    • 2.20.2 KACO New Energy Major Business
    • 2.20.3 KACO New Energy Grid-forming Inverter Product and Services
    • 2.20.4 KACO New Energy Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.20.5 KACO New Energy Recent Developments/Updates

3 Competitive Environment: Grid-forming Inverter by Manufacturer

  • 3.1 Global Grid-forming Inverter Sales Quantity by Manufacturer (2018-2023)
  • 3.2 Global Grid-forming Inverter Revenue by Manufacturer (2018-2023)
  • 3.3 Global Grid-forming Inverter Average Price by Manufacturer (2018-2023)
  • 3.4 Market Share Analysis (2022)
    • 3.4.1 Producer Shipments of Grid-forming Inverter by Manufacturer Revenue ($MM) and Market Share (%): 2022
    • 3.4.2 Top 3 Grid-forming Inverter Manufacturer Market Share in 2022
    • 3.4.2 Top 6 Grid-forming Inverter Manufacturer Market Share in 2022
  • 3.5 Grid-forming Inverter Market: Overall Company Footprint Analysis
    • 3.5.1 Grid-forming Inverter Market: Region Footprint
    • 3.5.2 Grid-forming Inverter Market: Company Product Type Footprint
    • 3.5.3 Grid-forming Inverter Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Grid-forming Inverter Market Size by Region
    • 4.1.1 Global Grid-forming Inverter Sales Quantity by Region (2018-2029)
    • 4.1.2 Global Grid-forming Inverter Consumption Value by Region (2018-2029)
    • 4.1.3 Global Grid-forming Inverter Average Price by Region (2018-2029)
  • 4.2 North America Grid-forming Inverter Consumption Value (2018-2029)
  • 4.3 Europe Grid-forming Inverter Consumption Value (2018-2029)
  • 4.4 Asia-Pacific Grid-forming Inverter Consumption Value (2018-2029)
  • 4.5 South America Grid-forming Inverter Consumption Value (2018-2029)
  • 4.6 Middle East and Africa Grid-forming Inverter Consumption Value (2018-2029)

5 Market Segment by Type

  • 5.1 Global Grid-forming Inverter Sales Quantity by Type (2018-2029)
  • 5.2 Global Grid-forming Inverter Consumption Value by Type (2018-2029)
  • 5.3 Global Grid-forming Inverter Average Price by Type (2018-2029)

6 Market Segment by Application

  • 6.1 Global Grid-forming Inverter Sales Quantity by Application (2018-2029)
  • 6.2 Global Grid-forming Inverter Consumption Value by Application (2018-2029)
  • 6.3 Global Grid-forming Inverter Average Price by Application (2018-2029)

7 North America

  • 7.1 North America Grid-forming Inverter Sales Quantity by Type (2018-2029)
  • 7.2 North America Grid-forming Inverter Sales Quantity by Application (2018-2029)
  • 7.3 North America Grid-forming Inverter Market Size by Country
    • 7.3.1 North America Grid-forming Inverter Sales Quantity by Country (2018-2029)
    • 7.3.2 North America Grid-forming Inverter Consumption Value by Country (2018-2029)
    • 7.3.3 United States Market Size and Forecast (2018-2029)
    • 7.3.4 Canada Market Size and Forecast (2018-2029)
    • 7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe

  • 8.1 Europe Grid-forming Inverter Sales Quantity by Type (2018-2029)
  • 8.2 Europe Grid-forming Inverter Sales Quantity by Application (2018-2029)
  • 8.3 Europe Grid-forming Inverter Market Size by Country
    • 8.3.1 Europe Grid-forming Inverter Sales Quantity by Country (2018-2029)
    • 8.3.2 Europe Grid-forming Inverter Consumption Value by Country (2018-2029)
    • 8.3.3 Germany Market Size and Forecast (2018-2029)
    • 8.3.4 France Market Size and Forecast (2018-2029)
    • 8.3.5 United Kingdom Market Size and Forecast (2018-2029)
    • 8.3.6 Russia Market Size and Forecast (2018-2029)
    • 8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific

  • 9.1 Asia-Pacific Grid-forming Inverter Sales Quantity by Type (2018-2029)
  • 9.2 Asia-Pacific Grid-forming Inverter Sales Quantity by Application (2018-2029)
  • 9.3 Asia-Pacific Grid-forming Inverter Market Size by Region
    • 9.3.1 Asia-Pacific Grid-forming Inverter Sales Quantity by Region (2018-2029)
    • 9.3.2 Asia-Pacific Grid-forming Inverter Consumption Value by Region (2018-2029)
    • 9.3.3 China Market Size and Forecast (2018-2029)
    • 9.3.4 Japan Market Size and Forecast (2018-2029)
    • 9.3.5 Korea Market Size and Forecast (2018-2029)
    • 9.3.6 India Market Size and Forecast (2018-2029)
    • 9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
    • 9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America

  • 10.1 South America Grid-forming Inverter Sales Quantity by Type (2018-2029)
  • 10.2 South America Grid-forming Inverter Sales Quantity by Application (2018-2029)
  • 10.3 South America Grid-forming Inverter Market Size by Country
    • 10.3.1 South America Grid-forming Inverter Sales Quantity by Country (2018-2029)
    • 10.3.2 South America Grid-forming Inverter Consumption Value by Country (2018-2029)
    • 10.3.3 Brazil Market Size and Forecast (2018-2029)
    • 10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa

  • 11.1 Middle East & Africa Grid-forming Inverter Sales Quantity by Type (2018-2029)
  • 11.2 Middle East & Africa Grid-forming Inverter Sales Quantity by Application (2018-2029)
  • 11.3 Middle East & Africa Grid-forming Inverter Market Size by Country
    • 11.3.1 Middle East & Africa Grid-forming Inverter Sales Quantity by Country (2018-2029)
    • 11.3.2 Middle East & Africa Grid-forming Inverter Consumption Value by Country (2018-2029)
    • 11.3.3 Turkey Market Size and Forecast (2018-2029)
    • 11.3.4 Egypt Market Size and Forecast (2018-2029)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
    • 11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics

  • 12.1 Grid-forming Inverter Market Drivers
  • 12.2 Grid-forming Inverter Market Restraints
  • 12.3 Grid-forming Inverter Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Grid-forming Inverter and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Grid-forming Inverter
  • 13.3 Grid-forming Inverter Production Process
  • 13.4 Grid-forming Inverter Industrial Chain

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Grid-forming Inverter Typical Distributors
  • 14.3 Grid-forming Inverter Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Grid-forming Inverter. Industry analysis & Market Report on Grid-forming Inverter is a syndicated market report, published as Global Grid-forming Inverter Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Grid-forming Inverter market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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