세계의 그리드 포밍 인버터 시장 : 유형별, 정격 전력별, 전압별, 최종사용자별, 지역별(-2030년）

Global Grid-forming Inverter Market Research Report Information Type (micro inverters, string inverters, and central inverters), Power Rating (less than 50 kW, 50-100 kW, and more than 100 kW), Voltage (100-300 V, 300-500 V, and more than 500 V). By End User (Residential, Commercial, Other) and Region -Forecast to 2030

Market Overview

The Grid-forming Inverter Market was worth USD 656.52 million in 2022. The Grid-forming Inverter Market is expected to increase from USD 712.17 million in 2023 to USD 1,277.3 million by 2030, with a compound annual growth rate (CAGR) of 8.70% over the forecast period. Increasing investments in renewable energy, rapid infrastructure development, and rising demand for reliable energy sources are likely to fuel the growth of the Grid-forming Inverter market throughout the forecast period. Furthermore, the significant market growth potential of the electric vehicle industry is a lucrative opportunity for manufacturers in the market.

With increased environmental concerns, the worldwide emphasis has shifted toward renewable energy. Various governments have increased their spending in clean energy incentive programs for renewable energy development, which is expected to be a major driver of the worldwide grid-forming inverters market in the next years. Many countries have created comprehensive policy frameworks to support renewable energy, resulting in rapid technological scaling-up. Renewable energy sources play an important part in ensuring sustainable energy with lower emissions. Renewable energy technologies are already recognized as having the ability to significantly meet power demand while lowering emissions. Furthermore, technological advancements have improved the efficiency and cost-effectiveness of renewable energy sources. Solar photovoltaic (PV) panels, wind turbines, and energy storage devices have all advanced significantly, resulting in higher energy yields and lower costs per unit of energy generated. Solar panels and wind turbines are becoming less expensive, and economies of scale have made renewable energy more competitive with traditional fossil fuel-based electricity generation, resulting in increased importance and adoption of renewable sources for power generation, which is expected to drive the market for grid-forming inverters, which play an important role in renewable energy source integration into the electrical grid.

In recent years, several governments have developed a sustainable energy supply strategy. Residents have been encouraged to employ solar, wind, biomass, trash, and hydropower energy sources. According to the Paris Climate Change Conference of the Parties (COP21), the long-term goal set by major economies that attended the conference is to make the electricity sector completely emission-free by 2050. This strengthens wind energy's position even further, as wind and solar energy will provide the majority of renewable energy. Grid-forming inverters provide new degrees of flexibility to energy networks. System-forming inverters boost renewable energy penetration while increasing system flexibility and ensuring grid stability. Grid-forming inverters pave the way for a more robust, sustainable, and environmentally friendly energy landscape. As technology advances and the energy transition gains momentum, the significance of these inverters will grow, forming the foundation of a global renewable-powered future. As a result, rising investments in renewable energy projects are likely to drive market expansion for grid-forming inverters throughout the forecast period, owing to increased electrical infrastructure integration.

Rapid industrialization and economic progress around the world have led to significant improvements in living standards. Energy consumption has skyrocketed due to greater convenience and urbanization. Energy consumption has increased substantially throughout the years due to population growth, economic improvement, and technological advancement. According to the US Energy Information Administration (EIA), worldwide energy consumption will rise by approximately 50% between 2018 and 2050. The majority of energy consumption growth comes from countries that are not members of the Organization for Economic Cooperation and Development (OECD), and it is concentrated in regions with strong economic growth, primarily in Asia. The rapid economic growth of Asian countries, particularly China and India, will account for a significant amount of the increase in energy demand. Furthermore, with rapid infrastructure development and economic growth, there is an increasing demand for consistent electrical supply to meet global demand.

With growing infrastructure initiatives such as the creation of smart cities throughout the world, demand for grid-forming inverters is expected to increase. Grid-forming inverters have emerged as key tools for addressing the energy challenges presented by smart city development. These inverters provide energy load control, the use of distributed energy resources, and increased microgrid resilience. With growing smart city projects in countries such as the UAE, Singapore, Shanghai, Taiwan, India, Mainland China, and others, demand for grid-forming inverters is expected to skyrocket. For example, the Indian government launched the Smart Cities Mission to improve quality of life and encourage economic growth, while the Dubai Plan 2021 aims to transform Dubai into a smart and sustainable city. The Smart City initiative in Dubai follows a strategy that intends to modernize approximately 1000 government functions, with a focus on six major sectors: transportation, infrastructure, communications, economic services, urban planning, and power. Such expenditures in smart city development are expected to stimulate market demand for grid-forming inverters above ordinary inverters, owing to their ability to ensure grid stability and reliable integration of alternative energy sources into the grid. Hence, throughout the projected period, with increasing infrastructure development and requirement for uninterrupted power supply, the global grid-forming inverters market is expected to thrive significantly.

Market Segment insights

The grid-forming inverter market is divided into three types: micro inverters, string inverters, and central inverters. The market has been divided into three segments based on power rating: below 50 kW, 50-100 kW, and above 100 kW.

The market is divided into three segments based on voltage: 100-300 V, 300-500 V, and above 500 V. The Market is divided into three categories based on end user: residential, commercial, and others.

Regional insights

The Asia-Pacific region is expected to lead the Grid-forming Inverter Market throughout the forecast period. The target region is expected to generate a total incremental potential of USD 470.19 million by the end of 2030.

The Asia-Pacific Grid-forming Inverter Market is experiencing considerable growth as energy storage systems, particularly battery storage options, become more widely deployed. The use of energy storage technology, especially battery storage, is gaining traction throughout Asia. These systems are critical for making the best use of renewable energy resources. Energy storage promotes grid stability and the smooth integration of renewable energy into the electricity system by storing excess renewable energy during periods of high production and releasing it when demand increases. This capacity is especially useful for controlling the intermittent nature of sources like as solar and wind. Governments in Asia-Pacific are actively revising and introducing policies to enable the integration of renewable energy into the grid. These policy frameworks address a variety of aspects of renewable energy integration, such as grid connection procedures, grid access for renewable energy projects, and market-based renewable energy trading systems. These regulations are intended to promote an enabling environment for renewable energy development and to ease the process of connecting renewable energy projects to the grid, so speeding up the transition to cleaner energy sources.

Major Players

Huawei Technologies Co., Ltd, SMA Solar Technology AG, Gamesa Electric, Fimer Group, Delta Electronics, Inc, Solectria Solar, ABB, SolarEdge Technologies Inc, General Electric, and Sineng Electric Co Ltd are the leading companies in the Grid-forming Inverter Market.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

• 1.1 MARKET ATTRACTIVENESS ANALYSIS
• 1.2 GRID-FORMING INVERTER MARKET, BY POWER RATING
• 1.3 GRID-FORMING INVERTER MARKET, BY VOLTAGE
• 1.4 GRID-FORMING INVERTER MARKET, BY TYPE
• 1.5 GRID-FORMING INVERTER MARKET, BY END USER
• 1.6 GRID-FORMING INVERTER MARKET, BY REGION

2 MARKET INTRODUCTION

• 2.1 DEFINITION
• 2.2 SCOPE OF THE STUDY
• 2.3 RESEARCH OBJECTIVE
• 2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

• 3.1 RESEARCH PROCESS
• 3.2 PRIMARY RESEARCH
• 3.3 SECONDARY RESEARCH
• 3.4 MARKET SIZE ESTIMATION
• 3.5 TOP-DOWN & BOTTOM-UP APPROACH
• 3.6 FORECAST MODEL
• 3.7 LIST OF ASSUMPTIONS

4 MARKET DYNAMICS

• 4.1 OVERVIEW
• 4.2 DRIVERS
  • 4.2.1 INCREASING INVESTMENTS IN RENEWABLE ENERGY SECTOR
  • 4.2.2 RAPID INFRASTRUCTURAL DEVELOPMENT AND GROWING DEMAND FOR RELIABLE ENERGY SOURCES
• 4.3 RESTRAINTS
  • 4.3.1 HIGH COST OF THE PRODUCT
• 4.4 OPPORTUNITIES
  • 4.4.1 SIGNIFICANT MARKET GROWTH POTENTIAL OF ELECTRIC VEHICLES INDUSTRY

5 MARKET FACTOR ANALYSIS

• 5.1 SUPPLY CHAIN ANALYSIS
  • 5.1.1 RAW MATERIAL/ COMPONENT SUPPLIERS
  • 5.1.2 GRID-FORMING INVERTER MANUFACTURERS
  • 5.1.3 SALES & DISTRIBUTION
  • 5.1.4 END USERS
• 5.2 PORTER'S FIVE FORCES MODEL
  • 5.2.1 THREAT OF NEW ENTRANTS
  • 5.2.2 BARGAINING POWER OF SUPPLIERS
  • 5.2.3 THREAT OF SUBSTITUTES
  • 5.2.4 BARGAINING POWER OF BUYERS
  • 5.2.5 INTENSITY OF RIVALRY
• 5.3 IMPACT ANALYSIS OF COVID-19
  • 5.3.1 IMPACT ON THE SUPPLY CHAIN OF GRID-FORMING INVERTER MARKET
  • 5.3.2 IMPACT ON MARKET DEMAND FOR GRID-FORMING INVERTER MARKET

6 GLOBAL GRID-FORMING INVERTER MARKET, BY POWER RATING

• 6.1 OVERVIEW
  • 6.1.1 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY TYPE,-2030
• 6.2 BELOW 50 KW
• 6.3 50-100 KW
• 6.4 ABOVE 100 KW

7 GLOBAL GRID-FORMING INVERTER MARKET, BY VOLTAGE

• 7.1 OVERVIEW
  • 7.1.1 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, VOLTAGE,-2030
• 7.2 100-300 V
• 7.3 300-500 V
• 7.4 ABOVE 500 V

8 GLOBAL GRID-FORMING INVERTER MARKET, BY TYPE

• 8.1 OVERVIEW
  • 8.1.1 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, TYPE,-2030
• 8.2 MICRO INVERTERS
• 8.3 STRING INVERTERS
• 8.4 CENTRAL INVERTERS

9 GLOBAL GRID-FORMING INVERTER MARKET, BY END USER

• 9.1 OVERVIEW
  • 9.1.1 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, END USER,-2030
• 9.2 RESIDENTIAL
• 9.3 COMMERCIAL
• 9.4 OTHERS

10 GLOBAL GRID-FORMING INVERTER MARKET, BY REGION

• 10.1 OVERVIEW
  • 10.1.1 GLOBAL GRID-FORMING INVERTER MARKET ESTIMATES & FORECAST, BY REGION,-2030
• 10.2 NORTH AMERICA
  • 10.2.1 US
  • 10.2.2 CANADA
• 10.3 EUROPE
  • 10.3.1 UK
  • 10.3.2 RUSSIA
  • 10.3.3 GERMANY
  • 10.3.4 FRANCE
  • 10.3.5 SPAIN
  • 10.3.6 ITALY
  • 10.3.7 REST OF EUROPE
• 10.4 ASIA PACIFIC
  • 10.4.1 CHINA
  • 10.4.2 JAPAN
  • 10.4.3 SOUTH KOREA
  • 10.4.4 INDIA
  • 10.4.5 AUSTRALIA & NEW ZEALAND
  • 10.4.6 REST OF ASIA PACIFIC
• 10.5 LATIN AMERICA
  • 10.5.1 BRAZIL
  • 10.5.2 MEXICO
  • 10.5.3 ARGENTINA
  • 10.5.4 REST OF LATIN AMERICA
• 10.6 MIDDLE EAST & AFRICA
  • 10.6.1 GCC COUNTRIES
  • 10.6.2 SOUTH AFRICA
  • 10.6.3 REST OF THE MIDDLE EAST & AFRICA

11 COMPETITVE LANDSCAPE

• 11.1 INTRODUCTION
• 11.2 COMPETITIVE BENCHMARKING

12 COMPANY PROFILES

• 12.1 HUAWEI TECHNOLOGIES CO., LTD
  • 12.1.1 COMPANY OVERVIEW
  • 12.1.2 FINANCIAL OVERVIEW
  • 12.1.3 PRODUCT OFFERED
  • 12.1.4 KEY DEVELOPMENTS
  • 12.1.5 SWOT ANALYSIS
  • 12.1.6 KEY STRATEGIES
• 12.2 GENERAL ELECTRIC
  • 12.2.1 COMPANY OVERVIEW
  • 12.2.2 FINANCIAL OVERVIEW
  • 12.2.3 PRODUCT OFFERED
  • 12.2.4 KEY DEVELOPMENTS
  • 12.2.5 SWOT ANALYSIS
  • 12.2.6 KEY STRATEGIES
• 12.3 SMA SOLAR TECHNOLOGY AG
  • 12.3.1 COMPANY OVERVIEW
  • 12.3.2 FINANCIAL OVERVIEW
  • 12.3.3 PRODUCT OFFERED
  • 12.3.4 KEY DEVELOPMENTS
  • 12.3.5 SWOT ANALYSIS
  • 12.3.6 KEY STRATEGIES
• 12.4 GAMESA ELECTRIC
  • 12.4.1 COMPANY OVERVIEW
  • 12.4.2 FINANCIAL OVERVIEW
  • 12.4.3 PRODUCT OFFERED
  • 12.4.4 KEY DEVELOPMENTS
  • 12.4.5 KEY STRATEGIES
• 12.5 FIMER GROUP
  • 12.5.1 COMPANY OVERVIEW
  • 12.5.2 FINANCIAL OVERVIEW
  • 12.5.3 PRODUCT OFFERED
  • 12.5.4 KEY DEVELOPMENTS
  • 12.5.5 KEY STRATEGIES
• 12.6 DELTA ELECTRONICS
  • 12.6.1 COMPANY OVERVIEW
  • 12.6.2 FINANCIAL OVERVIEW
  • 12.6.3 PRODUCTS OFFERED
  • 12.6.4 KEY DEVELOPMENTS
  • 12.6.5 SWOT ANALYSIS
  • 12.6.6 KEY STRATEGIES
• 12.7 YASKAWA - SOLECTRIA SOLAR
  • 12.7.1 COMPANY OVERVIEW
  • 12.7.2 FINANCIAL OVERVIEW
  • 12.7.3 PRODUCTS OFFERED
  • 12.7.4 KEY STRATEGIES
• 12.8 ABB
  • 12.8.1 COMPANY OVERVIEW
  • 12.8.2 FINANCIAL OVERVIEW
  • 12.8.3 PRODUCT OFFERED
  • 12.8.4 KEY DEVELOPMENTS
  • 12.8.5 SWOT ANALYSIS
  • 12.8.6 KEY STRATEGIES
• 12.9 SOLAREDGE TECHNOLOGIES INC
  • 12.9.1 COMPANY OVERVIEW
  • 12.9.2 FINANCIAL OVERVIEW
  • 12.9.3 PRODUCT OFFERED
  • 12.9.4 KEY DEVELOPMENTS
  • 12.9.5 KEY STRATEGIES
• 12.10 SINENG ELECTRIC CO., LTD
  • 12.10.1 COMPANY OVERVIEW
  • 12.10.2 FINANCIAL OVERVIEW
  • 12.10.3 PRODUCT OFFERED
  • 12.10.4 KEY DEVELOPMENTS
  • 12.10.5 KEY STRATEGIES

13 APPENDIX

• 13.1 REFERENCES
• 13.2 RELATED REPORTS