Market Report

Global solar PV inverter and module-level power electronics (MLPE) market share 2024

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This report provides rankings of the top PV inverter manufacturers based on MWs shipped, which are broken down globally, regionally, by product type and by major market. The report also covers global and regional year-on-year market growth, highlighting the countries with the largest inverter markets in 2023. Because of the strong correlation between the inverter market and the wider solar industry, this research touches on broader PV topics such as policy effects, residential vs. utility-scale demand, and emerging solar markets. The exclusive data within this report provides key competitive landscape dynamics, assisting both outside investors and direct market participants.

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    Global solar PV inverter and MLPE market share 2024_PR.pdf

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