| Product Code: ETC9479266 | Publication Date: Sep 2024 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Sri Lanka import trend for solar PV inverters saw significant growth from 2023 to 2024 at 119.38%. The compound annual growth rate (CAGR) for 2020-2024 stood at 52.06%. This surge may be attributed to the increasing government focus on renewable energy initiatives in the country.
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 Sri Lanka Solar PV Inverter Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Solar PV Inverter Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka Solar PV Inverter Market - Industry Life Cycle |
3.4 Sri Lanka Solar PV Inverter Market - Porter's Five Forces |
3.5 Sri Lanka Solar PV Inverter Market Revenues & Volume Share, By Inverter Type, 2021 & 2031F |
3.6 Sri Lanka Solar PV Inverter Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Sri Lanka Solar PV Inverter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and policies promoting renewable energy adoption. |
4.2.2 Increasing awareness about the environmental benefits of solar energy. |
4.2.3 Growing demand for reliable and clean energy sources in Sri Lanka. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with solar PV inverter installations. |
4.3.2 Lack of skilled professionals for installation and maintenance of solar PV systems. |
4.3.3 Intermittent nature of solar energy production due to weather conditions. |
5 Sri Lanka Solar PV Inverter Market Trends |
6 Sri Lanka Solar PV Inverter Market, By Types |
6.1 Sri Lanka Solar PV Inverter Market, By Inverter Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Solar PV Inverter Market Revenues & Volume, By Inverter Type, 2021- 2031F |
6.1.3 Sri Lanka Solar PV Inverter Market Revenues & Volume, By Central Inverters, 2021- 2031F |
6.1.4 Sri Lanka Solar PV Inverter Market Revenues & Volume, By String Inverters, 2021- 2031F |
6.1.5 Sri Lanka Solar PV Inverter Market Revenues & Volume, By Micro Inverters, 2021- 2031F |
6.2 Sri Lanka Solar PV Inverter Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Solar PV Inverter Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Sri Lanka Solar PV Inverter Market Revenues & Volume, By Commercial and Industrial (C&I), 2021- 2031F |
6.2.4 Sri Lanka Solar PV Inverter Market Revenues & Volume, By Utility-scale, 2021- 2031F |
7 Sri Lanka Solar PV Inverter Market Import-Export Trade Statistics |
7.1 Sri Lanka Solar PV Inverter Market Export to Major Countries |
7.2 Sri Lanka Solar PV Inverter Market Imports from Major Countries |
8 Sri Lanka Solar PV Inverter Market Key Performance Indicators |
8.1 Average capacity utilization rate of solar PV inverters in Sri Lanka. |
8.2 Percentage of grid-connected solar PV systems in the total solar PV installations. |
8.3 Rate of adoption of energy storage solutions in conjunction with solar PV inverters. |
9 Sri Lanka Solar PV Inverter Market - Opportunity Assessment |
9.1 Sri Lanka Solar PV Inverter Market Opportunity Assessment, By Inverter Type, 2021 & 2031F |
9.2 Sri Lanka Solar PV Inverter Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Sri Lanka Solar PV Inverter Market - Competitive Landscape |
10.1 Sri Lanka Solar PV Inverter Market Revenue Share, By Companies, 2024 |
10.2 Sri Lanka Solar PV Inverter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |