Grid Forming Inverters Market with COVID-19 Impact Analysis, By Output Power Rating (Below 50 kW, 50-100 kW, above 100 kW), By End-User (Residential, Commercial, PV Plants, Automobile, Others), By Type (Micro-Inverters, Hybrid-Inverters, Central-Inverters, Others), By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2023-2030
REPORT HIGHLIGHT
Grid Forming Inverters Market size was valued at USD 630.24 Million in 2022, expanding at a CAGR of 9.1% from 2023 to 2030.
Grid-forming inverters are complex power electronics equipment used to stabilize and manage energy flow in electrical networks. Unlike standard grid-tied inverters, which depend on a stable grid to function, grid-forming inverters can create and maintain grid frequency and voltage autonomously. They are critical in modernizing power networks by increasing resilience to disruptions, permitting the incorporation of renewable energy supplies like wind and solar, and improving grid stability. These inverters are critical for guaranteeing a dependable power supply and facilitating the shift to more sustainable and decentralized energy systems.
Grid Forming Inverters Market- Market Dynamics
- Increasing integration of renewable energy sources into the electrical grid propel market demand
Grid operators have issues in maintaining grid stability as additional solar and wind power facilities come online owing to the intermittent character of these energy sources. Grid-forming inverters can adjust voltage and frequency independently, guaranteeing grid stability even in the lack of a central generator. This capacity allows for more renewable penetration, decreases dependence on fossil fuels, and accelerates the transition to a cleaner, more resilient electricity system, achieving both environmental as well as energy security objectives.
Grid Forming Inverters Market- Key Insights
- As per the analysis shared by our research analyst, the global Grid Forming Inverters market is estimated to grow annually at a CAGR of around 9.1% over the forecast period (2023-2030)
- The Grid Forming Inverters industry is projected to grow at a significant rate due to increasing integration of renewable energy sources into the electrical grid
- Based on Output Power Rating segmentation, 50-100 kW was predicted to show maximum market share in the year 2022
- Based on End-User segmentation, Commercial was the leading Output Power Rating in 2022
- On the basis of region, Asia Pacific was the leading revenue generator in 2022
Grid Forming Inverters Market- Segmentation Analysis:
The Global Grid Forming Inverters Market is segmented on the basis of Output Power Rating, End-User, Type, and Region.
The market is divided into four categories based on Output Power Rating: Below 50 kW, 50-100 kW, Above 100 kW. The 50-100 kW dominates the market. Grid-forming inverters in the 50-100 kW power range are in high demand because they serve a wide variety of applications, spanning small to medium-sized renewable energy structures, microgrids, and factories. Within this power range, these inverters assist to stabilize the power supply and effectively manage dispersed energy resources.
The market is divided into three categories based on End-User: Residential, Commercial, PV Plants, Automobile, Others. The Commercial sector dominates the market and is likely to maintain its dominance during the forecast period. As companies seek dependable and flexible power solutions, commercial demand for grid-forming inverters is expanding. These inverters help commercial operations by improving grid stability, lowering energy costs, and allowing for the seamless incorporation of renewable energy sources, all while complying with sustainability objectives and assuring continuous power supply for vital activities.
Grid Forming Inverters Market- Geographical Insights
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. The demand for grid-forming inverters in the Asia-Pacific area has been gradually expanding due to a variety of causes. Asia Pacific area is seeing tremendous economic expansion, necessitating an increasing need for dependable and robust electricity networks to support industry and urbanization. Second, several Asia-Pacific nations are aggressively investing in renewable energy sources such as solar and wind, requiring the development of improved grid stabilization technologies. Furthermore, the region\'s regular natural catastrophes, such as typhoons and earthquakes, have underlined the significance of grid resilience. These characteristics, together with governmental incentives for clean energy adoption, are boosting demand for grid-forming inverters in Asia-Pacific countries to improve energy security and sustainability.
Grid Forming Inverters Market- Competitive Landscape:
With multiple established and new competitors, the competitive environment for grid-forming inverters is fast expanding. Established firms like as ABB, Siemens Energy, and Schneider Electric offer complete solutions by leveraging their significant knowledge and worldwide reach. Emerging firms such as Form Energy and Gridco Systems provide unique technology to the market, with an emphasis on grid resilience and renewable energy incorporation. Collaborations with utilities, renewable energy projects, and grid operators become more important as demand for grid-forming inverters grows. Technological breakthroughs, alliances, and regulatory changes impact the changing grid infrastructure and the adoption of grid-forming inverter solutions in the competitive market.
Recent Developments:
- In July 2023, South Korean researchers developed a novel grid-forming inverter idea based on the artificial bee colony (ABC) algorithm, which is an optimization technique based on the intelligent behavior of a honey bee swarm.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL GRID FORMING INVERTERS MARKET KEY PLAYERS
- ABB
- Siemens Energy
- Schneider Electric
- GE Renewable Energy
- Vestas
- Enphase Energy
- SMA Solar Technology
- Hitachi ABB Power Grids
- Toshiba Energy Systems & Solutions
- Ingeteam
- Power Electronics
- Dynapower Company
- Ingeteam
- Sungrow Power Supply
- EPC Power
GLOBAL GRID FORMING INVERTERS MARKET, BY OUTPUT POWER RATING
- Below 50 kW
- 50-100 kW
- Above 100 kW
GLOBAL GRID FORMING INVERTERS MARKET, BY END-USER
- Residential
- Commercial
- PV Plants
- Automobile
- Others
GLOBAL GRID FORMING INVERTERS MARKET, BY TYPE
- Micro-Inverters
- Hybrid-Inverters
- Central-Inverters
- Others
GLOBAL GRID FORMING INVERTERS MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA
TABLE OF CONTENT
1. Grid Forming Inverters Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Grid Forming Inverters Market Snippet by Output Power Rating
2.1.2. Grid Forming Inverters Market Snippet by End-User
2.1.3. Grid Forming Inverters Market Snippet by Type
2.1.4. Grid Forming Inverters Market Snippet by Country
2.1.5. Grid Forming Inverters Market Snippet by Region
2.2. Competitive Insights
3. Grid Forming Inverters Key Market Trends
3.1. Grid Forming Inverters Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Grid Forming Inverters Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Grid Forming Inverters Market Opportunities
3.4. Grid Forming Inverters Market Future Trends
4. Grid Forming Inverters Industry Study
4.1. PEST Analysis
4.2. Porter’s Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Grid Forming Inverters Market: COVID-19 Impact Analysis
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. Grid Forming Inverters Market Landscape
6.1. Grid Forming Inverters Market Share Analysis, 2022
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players’ Analysis
6.2.2. Emerging Players’ Analysis
7. Grid Forming Inverters Market – By Output Power Rating
7.1. Overview
7.1.1. Segment Share Analysis, By Output Power Rating, 2022 & 2030 (%)
7.1.2. Below 50 kW
7.1.3. 50-100 kW
7.1.4. Above 100 kW
8. Grid Forming Inverters Market – By End-User
8.1. Overview
8.1.1. Segment Share Analysis, By End-User, 2022 & 2030 (%)
8.1.2. Residential
8.1.3. Commercial
8.1.4. PV Plants
8.1.5. Automobile
8.1.6. Others
9. Grid Forming Inverters Market – By Type
9.1. Overview
9.1.1. Segment Share Analysis, By Type, 2022 & 2030 (%)
9.1.2. Micro-Inverters
9.1.3. Hybrid-Inverters
9.1.4. Central-Inverters
9.1.5. Others
10. Grid Forming Inverters Market– By Geography
10.1. Introduction
10.1.1. Segment Share Analysis, By Geography, 2022 & 2030 (%)
10.2. North America
10.2.1. Overview
10.2.2. Grid Forming Inverters Key Manufacturers in North America
10.2.3. North America Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
10.2.4. North America Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.2.5. North America Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.2.6. North America Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.2.7. U.S.
10.2.7.1. Overview
10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.2.7.3. U.S. Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.2.7.4. U.S. Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.2.7.5. U.S. Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.2.8. Canada
10.2.8.1. Overview
10.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.2.8.3. Canada Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.2.8.4. Canada Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.2.8.5. Canada Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.3. Europe
10.3.1. Overview
10.3.2. Grid Forming Inverters Key Manufacturers in Europe
10.3.3. Europe Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
10.3.4. Europe Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.3.5. Europe Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.3.6. Europe Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.3.7. Germany
10.3.7.1. Overview
10.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.3.7.3. Germany Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.3.7.4. Germany Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.3.7.5. Germany Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.3.8. Italy
10.3.8.1. Overview
10.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.3.8.3. Italy Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.3.8.4. Italy Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.3.8.5. Italy Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.3.9. United Kingdom
10.3.9.1. Overview
10.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.3.9.3. United Kingdom Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.3.9.4. United Kingdom Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.3.9.5. United Kingdom Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.3.10. France
10.3.10.1. Overview
10.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.3.10.3. France Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.3.10.4. France Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.3.10.5. France Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.3.11. Russia
10.3.11.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.3.11.2. Russia Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.3.11.3. Russia Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.3.11.4. Russia Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.3.12. Netherlands
10.3.12.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.3.12.2. Netherlands Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.3.12.3. Netherlands Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.3.12.4. Netherlands Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.3.13. Sweden
10.3.13.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.3.13.2. Sweden Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.3.13.3. Sweden Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.3.13.4. Sweden Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.3.14. Poland
10.3.14.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.3.14.2. Poland Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.3.14.3. Poland Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.3.14.4. Poland Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.3.15. Rest of Europe
10.3.15.1. Overview
10.3.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.3.15.3. Rest of the Europe Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.3.15.4. Rest of the Europe Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.3.15.5. Rest of the Europe Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.4. Asia Pacific (APAC)
10.4.1. Overview
10.4.2. Grid Forming Inverters Key Manufacturers in Asia Pacific
10.4.3. Asia Pacific Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
10.4.4. Asia Pacific Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.4.5. Asia Pacific Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.4.6. Asia Pacific Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.4.7. India
10.4.7.1. Overview
10.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.4.7.3. India Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.4.7.4. India Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.4.7.5. India Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.4.8. China
10.4.8.1. Overview
10.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.4.8.3. China Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.4.8.4. China Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.4.8.5. China Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.4.9. Japan
10.4.9.1. Overview
10.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.4.9.3. Japan Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.4.9.4. Japan Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.4.9.5. Japan Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.4.10. South Korea
10.4.10.1. Overview
10.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.4.10.3. South Korea Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.4.10.4. South Korea Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.4.10.5. South Korea Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.4.11. Australia
10.4.11.1. Overview
10.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.4.11.3. Australia Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.4.11.4. Australia Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.4.11.5. Australia Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.4.12. Thailand
10.4.12.1. Overview
10.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.4.12.3. Thailand Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.4.12.4. Thailand Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.4.12.5. Thailand Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.4.13. Indonesia
10.4.13.1. Overview
10.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.4.13.3. Indonesia Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.4.13.4. Indonesia Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.4.13.5. Indonesia Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.4.14. Philippines
10.4.14.1. Overview
10.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.4.14.3. Philippines Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.4.14.4. Philippines Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.4.14.5. Philippines Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.4.15. Rest of APAC
10.4.15.1. Overview
10.4.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.4.15.3. Rest of APAC Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.4.15.4. Rest of APAC Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.4.15.5. Rest of APAC Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.5. Latin America
10.5.1. Overview
10.5.2. Grid Forming Inverters Key Manufacturers in Latin America
10.5.3. Latin America Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
10.5.4. Latin America Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.5.5. Latin America Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.5.6. Latin America Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.5.7. Brazil
10.5.7.1. Overview
10.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.5.7.3. Brazil Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.5.7.4. Brazil Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.5.7.5. Brazil Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.5.8. Mexico
10.5.8.1. Overview
10.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.5.8.3. Mexico Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.5.8.4. Mexico Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.5.8.5. Mexico Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.5.9. Argentina
10.5.9.1. Overview
10.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.5.9.3. Argentina Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.5.9.4. Argentina Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.5.9.5. Argentina Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.5.10. Colombia
10.5.10.1. Overview
10.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.5.10.3. Colombia Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.5.10.4. Colombia Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.5.10.5. Colombia Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.5.11. Rest of LATAM
10.5.11.1. Overview
10.5.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.5.11.3. Rest of LATAM Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.5.11.4. Rest of LATAM Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.5.11.5. Rest of LATAM Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.6. Middle East and Africa
10.6.1. Overview
10.6.2. Grid Forming Inverters Key Manufacturers in Middle East and Africa
10.6.3. Middle East and Africa Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
10.6.4. Middle East and Africa Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.6.5. Middle East and Africa Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.6.6. Middle East and Africa Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.6.7. Saudi Arabia
10.6.7.1. Overview
10.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.6.7.3. Saudi Arabia Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.6.7.4. Saudi Arabia Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.6.7.5. Saudi Arabia Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.6.8. United Arab Emirates
10.6.8.1. Overview
10.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.6.8.3. United Arab Emirates Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.6.8.4. United Arab Emirates Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.6.8.5. United Arab Emirates Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.6.9. Israel
10.6.9.1. Overview
10.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.6.9.3. Israel Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.6.9.4. Israel Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.6.9.5. Israel Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.6.10. Turkey
10.6.10.1. Overview
10.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.6.10.3. Turkey Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.6.10.4. Turkey Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.6.10.5. Turkey Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.6.11. Algeria
10.6.11.1. Overview
10.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.6.11.3. Algeria Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.6.11.4. Algeria Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.6.11.5. Algeria Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.6.12. Egypt
10.6.12.1. Overview
10.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.6.12.3. Egypt Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.6.12.4. Egypt Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.6.12.5. Egypt Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
10.6.13. Rest of MEA
10.6.13.1. Overview
10.6.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
10.6.13.3. Rest of MEA Market Size and Forecast, By Output Power Rating, 2018 - 2030 (US$ Million)
10.6.13.4. Rest of MEA Market Size and Forecast, By End-User, 2018 - 2030 (US$ Million)
10.6.13.5. Rest of MEA Market Size and Forecast, By Type, 2018 - 2030 (US$ Million)
11. Key Vendor Analysis- Grid Forming Inverters Industry
11.1. Competitive Dashboard
11.2. Company Profiles
11.2.1. ABB
11.2.2. Siemens Energy
11.2.3. Schneider Electric
11.2.4. GE Renewable Energy
11.2.5. Vestas
11.2.6. Enphase Energy
11.2.7. SMA Solar Technology
11.2.8. Hitachi ABB Power Grids
11.2.9. Toshiba Energy Systems & Solutions
11.2.10. Ingeteam
11.2.11. Power Electronics
11.2.12. Dynapower Company
11.2.13. Ingeteam
11.2.14. Sungrow Power Supply
11.2.15. EPC Power
12. 360 Degree Analyst View
13. Appendix
13.1. Research Methodology
13.2. References
13.3. Abbreviations
13.4. Disclaimer
13.5. Contact Us