| Product Code: ETC7748866 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Japan continued to heavily rely on imports of solar PV inverters, with top exporters being China, USA, Malaysia, Philippines, and Thailand. Despite some diversification, the market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The industry saw impressive growth with a compound annual growth rate (CAGR) of 25.92% from 2020 to 2024. However, there was a slight decline in the growth rate from 2023 to 2024, showing a decrease of -9.51%. This data suggests a dynamic and competitive market environment for solar PV inverters in Japan.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Japan Solar PV Inverter Market Overview |
3.1 Japan Country Macro Economic Indicators |
3.2 Japan Solar PV Inverter Market Revenues & Volume, 2021 & 2031F |
3.3 Japan Solar PV Inverter Market - Industry Life Cycle |
3.4 Japan Solar PV Inverter Market - Porter's Five Forces |
3.5 Japan Solar PV Inverter Market Revenues & Volume Share, By Inverter Type, 2021 & 2031F |
3.6 Japan Solar PV Inverter Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Japan Solar PV Inverter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies for solar energy adoption in Japan |
4.2.2 Increasing focus on renewable energy and sustainability goals by businesses and households |
4.2.3 Technological advancements leading to more efficient and cost-effective solar PV inverters |
4.3 Market Restraints |
4.3.1 High initial installation costs of solar PV systems |
4.3.2 Dependence on weather conditions affecting solar energy generation |
4.3.3 Regulatory challenges and grid integration issues |
5 Japan Solar PV Inverter Market Trends |
6 Japan Solar PV Inverter Market, By Types |
6.1 Japan Solar PV Inverter Market, By Inverter Type |
6.1.1 Overview and Analysis |
6.1.2 Japan Solar PV Inverter Market Revenues & Volume, By Inverter Type, 2021- 2031F |
6.1.3 Japan Solar PV Inverter Market Revenues & Volume, By Central Inverters, 2021- 2031F |
6.1.4 Japan Solar PV Inverter Market Revenues & Volume, By String Inverters, 2021- 2031F |
6.1.5 Japan Solar PV Inverter Market Revenues & Volume, By Micro Inverters, 2021- 2031F |
6.2 Japan Solar PV Inverter Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Japan Solar PV Inverter Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Japan Solar PV Inverter Market Revenues & Volume, By Commercial and Industrial (C&I), 2021- 2031F |
6.2.4 Japan Solar PV Inverter Market Revenues & Volume, By Utility-scale, 2021- 2031F |
7 Japan Solar PV Inverter Market Import-Export Trade Statistics |
7.1 Japan Solar PV Inverter Market Export to Major Countries |
7.2 Japan Solar PV Inverter Market Imports from Major Countries |
8 Japan Solar PV Inverter Market Key Performance Indicators |
8.1 Average system efficiency of solar PV inverters in Japan |
8.2 Number of new solar PV installations in residential and commercial sectors |
8.3 Rate of adoption of smart grid technologies in conjunction with solar PV inverters |
8.4 Average payback period for solar PV systems in Japan |
8.5 Investment trends in research and development for solar PV inverter technologies |
9 Japan Solar PV Inverter Market - Opportunity Assessment |
9.1 Japan Solar PV Inverter Market Opportunity Assessment, By Inverter Type, 2021 & 2031F |
9.2 Japan Solar PV Inverter Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Japan Solar PV Inverter Market - Competitive Landscape |
10.1 Japan Solar PV Inverter Market Revenue Share, By Companies, 2024 |
10.2 Japan Solar PV Inverter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |