Solar Inverter Market (By Product Type: Central, String, Micro, Others; By Connection Type: On-grid, Off-grid; By Phase: Single phase, Three phase; By End User: Residential, Commercial, Industrial, Utilities; By Nominal Power Output; By Nominal Output Voltage) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024 – 2033

The global solar inverter market size was exhibited at USD 10.34 billion in 2023 and is projected to hit around USD 22.95 billion by 2033, growing at a CAGR of 8.3% during the forecast period of 2024 to 2033.

Solar Inverter Market Size 2024 To 2033

Key Takeaways:

  • Asia-Pacific accounted for the largest revenue share of around 44% in 2023.
  • The central inverter segment dominated the market with a share of 50% in 2023. 
  • In 2023, the on-grid segment dominated the solar (PV) inverter market.
  • The utilities segment accounted for 44% of the market share in 2023.

Growth Factors

The solar inverter helps to provide electricity in areas such as industrial, commercial, and residential. The solar (PV) inverter can be connected as on-grid or off-grid. The types of solar (PV) inverter are central inverter, string inverter, and micro inverter. The global solar (PV) inverter market is expanding due to rapid expansion of the renewable energy sector. The growing demand and need for green and clean energy are driving the growth and development of global solar (PV) inverter market over the projected period. The government of developed and developed regions is taking initiatives to curb the impact of the carbon emissions and greenhouse gas emissions.

The string solar (PV) inverter are adopted in all areas and utilities as it is effective and incurs low failure rates while operating and maintaining in large buildings. The string solar (PV) inverter is also low in cost as compared to other types of solar (PV) inverters. The implementation of solar (PV) inverter is feasible in nature as it has good power back up. Due to infrastructural development and growing number of construction and building projects, the demand for solar (PV) inverter is growing at a rapid pace. Another factor that is boosting the expansion of the global solar (PV) inverter market is the growing number of home loans and home renovation projects in developed and developing regions. Moreover, due to low cost and tax benefits provided by solar (PV) inverter, the business owners are accepting and adopting solar (PV) inverter on a large scale. As a result, all these factors are driving the demand for solar (PV) inverter in the global market.

Solar Inverter Market Report Scope

 Report Coverage  Details
Market Size in 2024 USD 10.34 Billion
Market Size by 2033 USD 22.95 Billion
Growth Rate From 2024 to 2033 CAGR of 8.3%
Base Year 2023
Forecast Period 2024-2033
Segments Covered Product, Connection, Phase, End User, Nominal Power Output, Nominal Output Voltage, Geography
Market Analysis (Terms Used) Value (US$ Million/Billion) or (Volume/Units)
Regional Scope North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa
Key Companies Profiled Omron Corporation, ABB Ltd, Mitsubishi Electric Corporation, Siemens AG, Schneider Electric SE, SMA Solar Technology AG, Delta Electronics Inc., SunPower, Hitachi Hi-Rel Power Electronics Pvt. Ltd, Power Electronics S.L.

 

The main target market for solar (PV) inverter is commercial and industrial areas. The growing consumer awareness regarding solar (PV) inverter and growing environmental concerns is creating importance for the solar (PV) inverter globally. The solar (PV) inverter is considered as integral part for electricity generation. The solar power is free and is abundant in nature. The production and manufacturing process of solar (PV) inverter is quite easy for key market players. It is also beneficial for end users as it does not involve any further cost except installation cost and operating cost. Financially, this is very feasible in nature and is in high demand all over the world.

In addition, the technological advancements and innovation in technology is creating growth and development prospects for the solar (PV) inverter market globally. The new and advanced features are being applied to the solar (PV) inverters. This is helping end users to cope up with the high demand for electricity. The hot prone region is considered as important and profitable region for the installation of the solar (PV) inverter. Thus, this is propelling the growth and development of the global solar (PV) inverter market during the forecast period.

The demand for the rural electrification, technological advancements, higher renewable energy investments, and rising government support are all driving the solar (PV) inverter market. The aggressive expansion activities, contracts, and new product innovations to increase the product offerings of major market players will support the solar (PV) inverter market growth. The new product launches by key market players related with improved communication, faster installation, and low shipping costs, and increased reliability and efficiency. All of these aforementioned trends and factors are driving the growth of the global solar (PV) inverter market over the projected period.

Segments Insights:

Product Type Insights

The central inverter segment dominated the market with share of 50.0% in 2023. The central solar (PV) inverter is widely applicable in industries. This type of inverter is used in huge buildings and industrial centers. The solar panels are installed in the rooftops of buildings which enables the smooth power supply.

Solar Inverter Market Share, By End-use, 2023 (%)

The string inverter segment is fastest growing segment of the solar (PV) inverter market in 2021. The installation of string inverters is economic friendly and it is easy to install in commercial and residential areas. This type of solar (PV) inverter is effective and efficient in nature.

Connection Type Insights

In 2023, the on-grid segment dominated the solar (PV) inverter market. This is due to growing investments in the electricity and power generation. The on-grid solar (PV) inverter is cost effective in nature. The on-grid solar (PV) inverters are mostly installed in residential areas.

The off-grid segment, on the other hand, is predicted to develop at the quickest rate in the future years. The off-grid solar (PV) inverters are increasingly common and often come with a backup power supply. The solar (PV) inverters that are not connected to the grid are known as off-grid inverters.

End User Insights

The utilities segment accounted market share of 44% in 2023. The factors such as surge in demand for renewable energy and rising government initiatives are driving the growth of the segment. In addition, the solar (PV) inverter is cost effective solution for various utilities.

The residential segment is fastest growing segment over the forecast period. The people living in residential areas use large number of home gadgets and appliances. It means that the people require more amount of electricity for these gadgets. This factor is creating demand for electricity in residential areas on a large scale. Thus, the expansion of the segment is expected due to this factor.

Region Insights

Asia-Pacific accounted largest revenue share of around 44% in 2023. The factors such as rising government initiatives and presence of major market players in the region are propelling the expansion of solar (PV) inverter market in Asia-Pacific.

Solar Inverter Market Share, By Region 2023 (%)

North America is expected to develop at the fastest rate during the forecast period. The U.S. dominated the solar (PV) inverter market in North America region. The U.S. is dominating the solar (PV) inverter market in North America region. Since few years, the region has seen substantial growth in the sales of central inverter and string inverter.

Key Developments

  • Deye Inverter Technology Co. Ltd, a leading producer of solar inverters and hybrid inverters will introduce its innovative hybrid inverter in Europe in December 2020. A three-phase hybrid inverter with an output of 8/10/12KW. High compatibility with diesel generators, smart loads, and grid peak shaving are just a few of its important features.
  • Solarvest Holdings BHD announced in February 2021 that it had declared MOUs to procure inverters with Huawei Technologies SDN BHD and Sungrow Power Supply Co. Ltd.

Some of the prominent players in the solar inverter market include:

  • Omron Corporation
  • ABB Ltd
  • Mitsubishi Electric Corporation
  • Siemens AG
  • Schneider Electric SE
  • SMA Solar Technology AG
  • Delta Electronics Inc.
  • SunPower
  • Hitachi Hi-Rel Power Electronics Pvt. Ltd
  • Power Electronics S.L.

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Nova one advisor, Inc. has segmented the global solar inverter market.

By Product Type

  • Central Inverter
  • String Inverter
  • Micro Inverter
  • Others

By Connection

  • On-grid
  • Off-grid

By Phase

  • Single phase
  • Three phase

By End User

  • Residential
  • Commercial
  • Industrial
  • Utilities

By Nominal Power Output

  • ≤ 0.5 kW
  • 0.5 - 3 kW
  • 3 - 33 kW
  • 33 - 110 kW
  • 110 kW

By Nominal Output Voltage

  • ≤ 230 V
  • 230 - 400 V
  • 400 - 600 V
  • 600 V

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

Frequently Asked Questions

The global solar inverter market size was exhibited at USD 10.34 billion in 2023 and is projected to hit around USD 22.95 billion by 2033,

The global solar inverter market is expected to grow at a CAGR of 8.3% from 2024 to 2033.

The major players in solar inverter market are Omron Corporation, ABB Ltd, Mitsubishi Electric Corporation, Siemens AG, Schneider Electric SE, SMA Solar Technology AG, Delta Electronics Inc., and SunPower.

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Nominal Output Voltage Procurement Analysis 

4.3.2. Sales and Nominal Power Output Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Solar Inverter Market 

5.1. COVID-19 Landscape: Solar Inverter Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Solar Inverter Market, By Product Type

8.1. Solar Inverter Market, by Product Type, 2024-2033

8.1.1. Central Inverter

8.1.1.1. Market Revenue and Forecast (2021-2033)

8.1.2. String Inverter

8.1.2.1. Market Revenue and Forecast (2021-2033)

8.1.3. Micro Inverter

8.1.3.1. Market Revenue and Forecast (2021-2033)

8.1.4. Others

8.1.4.1. Market Revenue and Forecast (2021-2033)

Chapter 9. Global Solar Inverter Market, By Connection Type

9.1. Solar Inverter Market, by Connection Type, 2024-2033

9.1.1. On-grid

9.1.1.1. Market Revenue and Forecast (2021-2033)

9.1.2. Off-grid

9.1.2.1. Market Revenue and Forecast (2021-2033)

Chapter 10. Global Solar Inverter Market, By Phase Type 

10.1. Solar Inverter Market, by Phase Type, 2024-2033

10.1.1. Single phase

10.1.1.1. Market Revenue and Forecast (2021-2033)

10.1.2. Three phase

10.1.2.1. Market Revenue and Forecast (2021-2033)

Chapter 11. Global Solar Inverter Market, By End User Type

11.1. Solar Inverter Market, by End User Type, 2024-2033

11.1.1. Residential

11.1.1.1. Market Revenue and Forecast (2021-2033)

11.1.2. Commercial

11.1.2.1. Market Revenue and Forecast (2021-2033)

11.1.3. Industrial

11.1.3.1. Market Revenue and Forecast (2021-2033)

11.1.4. Utilities

11.1.4.1. Market Revenue and Forecast (2021-2033)

Chapter 12. Global Solar Inverter Market, By Nominal Power Output

12.1. Solar Inverter Market, by Nominal Power Output, 2024-2033

12.1.1. ≤ 0.5 kW

12.1.1.1. Market Revenue and Forecast (2021-2033)

12.1.2. 3 - 33 kW

12.1.2.1. Market Revenue and Forecast (2021-2033)

12.1.3. 0.5 - 3 kW

12.1.3.1. Market Revenue and Forecast (2021-2033)

12.1.4. 33 - 110 kW

12.1.4.1. Market Revenue and Forecast (2021-2033)

12.1.5. 110 kW

12.1.5.1. Market Revenue and Forecast (2021-2033)

Chapter 13. Global Solar Inverter Market, By Nominal Output Voltage

13.1. Solar Inverter Market, by Connection Type, 2024-2033

13.1.1. ≤ 230 V

13.1.1.1. Market Revenue and Forecast (2021-2033)

13.1.2. 230 - 400 V

13.1.2.1. Market Revenue and Forecast (2021-2033)

13.1.3. 400 - 600 V

13.1.3.1. Market Revenue and Forecast (2021-2033)

13.1.4. 600 V

13.1.4.1. Market Revenue and Forecast (2021-2033)

Chapter 14. Global Solar Inverter Market, Regional Estimates and Trend Forecast

14.1. North America

14.1.1. Market Revenue and Forecast, by Product (2021-2033)

14.1.2. Market Revenue and Forecast, by Connection (2021-2033)

14.1.3. Market Revenue and Forecast, by Phase (2021-2033)

14.1.4. Market Revenue and Forecast, by End User (2021-2033)

14.1.5. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.1.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

14.1.7. U.S.

14.1.7.1. Market Revenue and Forecast, by Product (2021-2033)

14.1.7.2. Market Revenue and Forecast, by Connection (2021-2033)

14.1.7.3. Market Revenue and Forecast, by Phase (2021-2033)

14.1.7.4. Market Revenue and Forecast, by End User (2021-2033)

14.1.8. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.1.8.1. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033) 

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Forecast, by Product (2021-2033)

14.1.9.2. Market Revenue and Forecast, by Connection (2021-2033)

14.1.9.3. Market Revenue and Forecast, by Phase (2021-2033)

14.1.9.4. Market Revenue and Forecast, by End User (2021-2033)

14.1.10. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.1.11. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

14.1.11.1.

14.2. Europe

14.2.1. Market Revenue and Forecast, by Product (2021-2033)

14.2.2. Market Revenue and Forecast, by Connection (2021-2033)

14.2.3. Market Revenue and Forecast, by Phase (2021-2033)

14.2.4. Market Revenue and Forecast, by End User (2021-2033) 

14.2.5. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.2.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

14.2.7.

14.2.8. UK

14.2.8.1. Market Revenue and Forecast, by Product (2021-2033)

14.2.8.2. Market Revenue and Forecast, by Connection (2021-2033)

14.2.8.3. Market Revenue and Forecast, by Phase (2021-2033)

14.2.9. Market Revenue and Forecast, by End User (2021-2033) 

14.2.10. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.2.10.1. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033) 

14.2.11. Germany

14.2.11.1. Market Revenue and Forecast, by Product (2021-2033)

14.2.11.2. Market Revenue and Forecast, by Connection (2021-2033)

14.2.11.3. Market Revenue and Forecast, by Phase (2021-2033)

14.2.12. Market Revenue and Forecast, by End User (2021-2033)

14.2.13. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.2.14. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

14.2.14.1.

14.2.15. France

14.2.15.1. Market Revenue and Forecast, by Product (2021-2033)

14.2.15.2. Market Revenue and Forecast, by Connection (2021-2033)

14.2.15.3. Market Revenue and Forecast, by Phase (2021-2033)

14.2.15.4. Market Revenue and Forecast, by End User (2021-2033)

14.2.16. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.2.16.1. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

14.2.17. Rest of Europe

14.2.17.1. Market Revenue and Forecast, by Product (2021-2033)

14.2.17.2. Market Revenue and Forecast, by Connection (2021-2033)

14.2.17.3. Market Revenue and Forecast, by Phase (2021-2033)

14.2.17.4. Market Revenue and Forecast, by End User (2021-2033)

14.2.18. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.2.18.1. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

14.3. APAC

14.3.1. Market Revenue and Forecast, by Product (2021-2033)

14.3.2. Market Revenue and Forecast, by Connection (2021-2033)

14.3.3. Market Revenue and Forecast, by Phase (2021-2033)

14.3.4. Market Revenue and Forecast, by End User (2021-2033)

14.3.5. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.3.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

14.3.7. India

14.3.7.1. Market Revenue and Forecast, by Product (2021-2033)

14.3.7.2. Market Revenue and Forecast, by Connection (2021-2033)

14.3.7.3. Market Revenue and Forecast, by Phase (2021-2033)

14.3.7.4. Market Revenue and Forecast, by End User (2021-2033)

14.3.8. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.3.9. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

14.3.10. China

14.3.10.1. Market Revenue and Forecast, by Product (2021-2033)

14.3.10.2. Market Revenue and Forecast, by Connection (2021-2033)

14.3.10.3. Market Revenue and Forecast, by Phase (2021-2033)

14.3.10.4. Market Revenue and Forecast, by End User (2021-2033)

14.3.11. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.3.11.1. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

14.3.12. Japan

14.3.12.1. Market Revenue and Forecast, by Product (2021-2033)

14.3.12.2. Market Revenue and Forecast, by Connection (2021-2033)

14.3.12.3. Market Revenue and Forecast, by Phase (2021-2033)

14.3.12.4. Market Revenue and Forecast, by End User (2021-2033)

14.3.12.5. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.3.12.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

14.3.13. Rest of APAC

14.3.13.1. Market Revenue and Forecast, by Product (2021-2033)

14.3.13.2. Market Revenue and Forecast, by Connection (2021-2033)

14.3.13.3. Market Revenue and Forecast, by Phase (2021-2033)

14.3.13.4. Market Revenue and Forecast, by End User (2021-2033)

14.3.13.5. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.3.13.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

14.4. MEA

14.4.1. Market Revenue and Forecast, by Product (2021-2033)

14.4.2. Market Revenue and Forecast, by Connection (2021-2033)

14.4.3. Market Revenue and Forecast, by Phase (2021-2033)

14.4.4. Market Revenue and Forecast, by End User (2021-2033)

14.4.5. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.4.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

14.4.7. GCC

14.4.7.1. Market Revenue and Forecast, by Product (2021-2033)

14.4.7.2. Market Revenue and Forecast, by Connection (2021-2033)

14.4.7.3. Market Revenue and Forecast, by Phase (2021-2033)

14.4.7.4. Market Revenue and Forecast, by End User (2021-2033)

14.4.8. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.4.9. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

14.4.10. North Africa

14.4.10.1. Market Revenue and Forecast, by Product (2021-2033)

14.4.10.2. Market Revenue and Forecast, by Connection (2021-2033)

14.4.10.3. Market Revenue and Forecast, by Phase (2021-2033)

14.4.10.4. Market Revenue and Forecast, by End User (2021-2033)

14.4.11. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.4.12. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

14.4.13. South Africa

14.4.13.1. Market Revenue and Forecast, by Product (2021-2033)

14.4.13.2. Market Revenue and Forecast, by Connection (2021-2033)

14.4.13.3. Market Revenue and Forecast, by Phase (2021-2033)

14.4.13.4. Market Revenue and Forecast, by End User (2021-2033)

14.4.13.5. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.4.13.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

14.4.14. Rest of MEA

14.4.14.1. Market Revenue and Forecast, by Product (2021-2033)

14.4.14.2. Market Revenue and Forecast, by Connection (2021-2033)

14.4.14.3. Market Revenue and Forecast, by Phase (2021-2033)

14.4.14.4. Market Revenue and Forecast, by End User (2021-2033)

14.4.14.5. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.4.14.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

14.5. Latin America

14.5.1. Market Revenue and Forecast, by Product (2021-2033)

14.5.2. Market Revenue and Forecast, by Connection (2021-2033)

14.5.3. Market Revenue and Forecast, by Phase (2021-2033)

14.5.4. Market Revenue and Forecast, by End User (2021-2033)

14.5.5. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.5.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

14.5.7. Brazil

14.5.7.1. Market Revenue and Forecast, by Product (2021-2033)

14.5.7.2. Market Revenue and Forecast, by Connection (2021-2033)

14.5.7.3. Market Revenue and Forecast, by Phase (2021-2033)

14.5.7.4. Market Revenue and Forecast, by End User (2021-2033)

14.5.8. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.5.8.1. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Forecast, by Product (2021-2033)

14.5.9.2. Market Revenue and Forecast, by Connection (2021-2033)

14.5.9.3. Market Revenue and Forecast, by Phase (2021-2033)

14.5.9.4. Market Revenue and Forecast, by End User (2021-2033)

14.5.9.5. Market Revenue and Forecast, by Nominal Power Output (2021-2033)

14.5.9.6. Market Revenue and Forecast, by Nominal Output Voltage (2021-2033)

Chapter 15. Company Profiles

15.1. Omron Corporation

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. ABB Ltd

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. Mitsubishi Electric Corporation

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. Siemens AG

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. Schneider Electric SE

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

15.6. SMA Solar Technology AG

15.6.1. Company Overview

15.6.2. Product Offerings

15.6.3. Financial Performance

15.6.4. Recent Initiatives

15.7. Delta Electronics Inc.

15.7.1. Company Overview

15.7.2. Product Offerings

15.7.3. Financial Performance

15.7.4. Recent Initiatives

15.8. SunPower

15.8.1. Company Overview

15.8.2. Product Offerings

15.8.3. Financial Performance

15.8.4. Recent Initiatives

15.9. Hitachi Hi-Rel Power Electronics Pvt. Ltd

15.9.1. Company Overview

15.9.2. Product Offerings

15.9.3. Financial Performance

15.9.4. Recent Initiatives

15.10. Power Electronics S.L.

15.10.1. Company Overview

15.10.2. Product Offerings

15.10.3. Financial Performance

15.10.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Term

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