Europe Grid-forming Inverter Market Size, Share & Industry Trends Analysis Report By Application, By Type (Central Inverter, Micro Inverter, and String Inverter), By Voltage, By Power Rating, By Country and Growth Forecast, 2023 - 2030

Europe Grid-forming Inverter Market Size, Share & Industry Trends Analysis Report By Application, By Type (Central Inverter, Micro Inverter, and String Inverter), By Voltage, By Power Rating, By Country and Growth Forecast, 2023 - 2030


The Europe Grid-Forming Inverter Market would witness market growth of 8.4% CAGR during the forecast period (2023-2030).

Microgrids are highly compatible with integrating renewable energy sources like solar panels and wind turbines into the EV charging infrastructure. The synergistic relationship that exists between electric vehicles (EVs) and microgrids helps to advance the goal of reducing carbon emissions by promoting environmentally friendly and sustainable modes of transportation. In addition, energy storage devices can be included into microgrids, which can supplement electric vehicle charging by storing extra energy and provide a reliable power supply in the event that the main grid experiences disruptions or an emergency.

Microgrids provide intelligent and dynamic charging alternatives through the integration of smart charging technology, which optimizes charging based on the conditions of the grid, the cost of energy, and the preferences of individual users. In the end, the proliferation of electric vehicle charging infrastructure is what drives the demand for microgrids. This is because microgrids are able to effectively manage increased electricity demand, make the incorporation of renewable energy sources easier, strengthen grid stability, and improve the reliability of charging operations.

A microgrid is a local electric system that can provide power from electric grids either in parallel or isolation. Shifting inclination from remote central station power plants to more localized and distributed generation for enhanced reliability, resiliency, and energy in cities, communities, and campuses is projected to impact the market growth substantially.

Some EU Framework Programs (FPs) support extensive R&D efforts that go hand in hand with microgrid development in the EU. Demonstration projects have been created since FP 5 with an emphasis on utility-scale multi-microgrid, control, and operation, as well as island and remote microgrid systems. In isolated and remote locations with unstable or nonexistent grid energy, off-grid power generation has long been necessary in Europe. Hence, the rising implementations of microgrids along with the increasing emphasis on using clean energy will propel the growth of the market in the coming years.

The Germany market dominated the Europe Grid-forming Inverter Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $76.5 million by 2030. The UK market is registering a CAGR of 7.5% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 9.2% during (2023 - 2030).

Based on Application, the market is segmented into Solar PV Plants, Wind Power Plants, Energy Storage Systems, and Electric Vehicles. Based on Type, the market is segmented into Central Inverter, Micro Inverter, and String Inverter. Based on Voltage, the market is segmented into Above 500 V, 300 - 500 V, and 100 - 300 V. Based on Power Rating, the market is segmented into Below 50 KW, 50 - 100 KW, and Above 100 KW. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), SolarEdge Technologies, Inc., Enphase Energy, Inc., Schneider Electric SE, General Electric Company, Delta Electronics, Inc., Sungrow Power Supply Co., Ltd., Fimer Group, KACO new energy GmbH and GoodWe

Scope of the Study

Market Segments covered in the Report:

By Application
  • Solar PV Plants
  • Wind Power Plants
  • Energy Storage Systems
  • Electric Vehicles
By Type
  • Central Inverter
  • Micro Inverter
  • String Inverter
By Voltage
  • Above 500 V
  • 300 - 500 V
  • 100 - 300 V
By Power Rating
  • Below 50 KW
  • 50 - 100 KW
  • Above 100 KW
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
Companies Profiled
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • SolarEdge Technologies, Inc.
  • Enphase Energy, Inc.
  • Schneider Electric SE
  • General Electric Company
  • Delta Electronics, Inc.
  • Sungrow Power Supply Co., Ltd.
  • Fimer Group
  • KACO new energy GmbH
  • GoodWe
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Grid-forming Inverter Market, by Application
1.4.2 Europe Grid-forming Inverter Market, by Type
1.4.3 Europe Grid-forming Inverter Market, by Voltage
1.4.4 Europe Grid-forming Inverter Market, by Power Rating
1.4.5 Europe Grid-forming Inverter Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2022
4.2 Strategies Deployed in Grid-forming Inverter Market
4.3 Porter’s Five Forces Analysis
Chapter 5. Europe Grid-forming Inverter Market by Application
5.1 Europe Solar PV Plants Market by Country
5.2 Europe Wind Power Plants Market by Country
5.3 Europe Energy Storage Systems Market by Country
5.4 Europe Electric Vehicles Market by Country
Chapter 6. Europe Grid-forming Inverter Market by Type
6.1 Europe Central Inverter Market by Country
6.2 Europe Micro Inverter Market by Country
6.3 Europe String Inverter Market by Country
Chapter 7. Europe Grid-forming Inverter Market by Voltage
7.1 Europe Above 500 V Market by Country
7.2 Europe 300 - 500 V Market by Country
7.3 Europe 100 - 300 V Market by Country
Chapter 8. Europe Grid-forming Inverter Market by Power Rating
8.1 Europe Below 50 KW Market by Country
8.2 Europe 50 - 100 KW Market by Country
8.3 Europe Above 100 KW Market by Country
Chapter 9. Europe Grid-forming Inverter Market by Country
9.1 Germany Grid-forming Inverter Market
9.1.1 Germany Grid-forming Inverter Market by Application
9.1.2 Germany Grid-forming Inverter Market by Type
9.1.3 Germany Grid-forming Inverter Market by Voltage
9.1.4 Germany Grid-forming Inverter Market by Power Rating
9.2 UK Grid-forming Inverter Market
9.2.1 UK Grid-forming Inverter Market by Application
9.2.2 UK Grid-forming Inverter Market by Type
9.2.3 UK Grid-forming Inverter Market by Voltage
9.2.4 UK Grid-forming Inverter Market by Power Rating
9.3 France Grid-forming Inverter Market
9.3.1 France Grid-forming Inverter Market by Application
9.3.2 France Grid-forming Inverter Market by Type
9.3.3 France Grid-forming Inverter Market by Voltage
9.3.4 France Grid-forming Inverter Market by Power Rating
9.4 Russia Grid-forming Inverter Market
9.4.1 Russia Grid-forming Inverter Market by Application
9.4.2 Russia Grid-forming Inverter Market by Type
9.4.3 Russia Grid-forming Inverter Market by Voltage
9.4.4 Russia Grid-forming Inverter Market by Power Rating
9.5 Spain Grid-forming Inverter Market
9.5.1 Spain Grid-forming Inverter Market by Application
9.5.2 Spain Grid-forming Inverter Market by Type
9.5.3 Spain Grid-forming Inverter Market by Voltage
9.5.4 Spain Grid-forming Inverter Market by Power Rating
9.6 Italy Grid-forming Inverter Market
9.6.1 Italy Grid-forming Inverter Market by Application
9.6.2 Italy Grid-forming Inverter Market by Type
9.6.3 Italy Grid-forming Inverter Market by Voltage
9.6.4 Italy Grid-forming Inverter Market by Power Rating
9.7 Rest of Europe Grid-forming Inverter Market
9.7.1 Rest of Europe Grid-forming Inverter Market by Application
9.7.2 Rest of Europe Grid-forming Inverter Market by Type
9.7.3 Rest of Europe Grid-forming Inverter Market by Voltage
9.7.4 Rest of Europe Grid-forming Inverter Market by Power Rating
Chapter 10. Company Profiles
10.1 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.6 SWOT Analysis
10.2 SolarEdge Technologies, Inc.
10.2.1 Company Overview
10.2.2 Recent strategies and developments:
10.2.2.1 Partnerships, Collaborations, and Agreements:
10.2.3 SWOT Analysis
10.3 Enphase Energy, Inc.
10.3.1 Company Overview
10.3.2 Recent strategies and developments:
10.3.2.1 Partnerships, Collaborations, and Agreements:
10.3.2.2 Product Launches and Product Expansions:
10.3.3 SWOT Analysis
10.4 Schneider Electric SE
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 SWOT Analysis
10.5 General Electric Company
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 SWOT Analysis
10.6 Delta Electronics, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Research & Development Expense
10.6.4 SWOT Analysis
10.7 Sungrow Power Supply Co., Ltd.
10.7.1 Company Overview
10.7.2 SWOT Analysis
10.8 Fimer Group
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Partnerships, Collaborations, and Agreements:
10.8.3 SWOT Analysis
10.9 KACO new energy GmbH (Siemens AG)
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 SWOT Analysis
10.10. GoodWe
10.10.1 Company Overview
10.10.2 SWOT Analysis

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