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 industry insights with market data tables & charts from the report:
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.
