Product Code: ETC4530730 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In the UK, the inverter market is expanding rapidly driven by the adoption of renewable energy sources such as solar and wind power. Inverters play a crucial role in converting DC power from renewable sources into AC power for grid integration, contributing to the country`s renewable energy goals and sustainable energy transition.
In the UK, the inverter market growth is propelled by expanding renewable energy installations, particularly solar PV systems. Inverters are essential for converting DC power generated by solar panels into usable AC power for grid connection or onsite consumption. Technological advancements such as hybrid and smart inverters, coupled with supportive government policies and incentives, drive market expansion.
Challenges in the UK inverter market include price volatility of raw materials like semiconductors, regulatory changes affecting energy efficiency standards, and competition from alternative energy conversion technologies. Moreover, technological advancements leading to shorter product life cycles and the need for continuous innovation pose significant challenges for market players.
In the UK, government policies for the inverter market prioritize energy efficiency, grid stability, and renewable energy integration. Regulatory frameworks promote the deployment of inverters that comply with environmental standards and support incentives for renewable energy projects.
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 United Kingdom (UK) Inverter Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Inverter Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Inverter Market - Industry Life Cycle |
3.4 United Kingdom (UK) Inverter Market - Porter's Five Forces |
3.5 United Kingdom (UK) Inverter Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United Kingdom (UK) Inverter Market Revenues & Volume Share, By Output Power Rating, 2021 & 2031F |
3.7 United Kingdom (UK) Inverter Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 United Kingdom (UK) Inverter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of renewable energy sources in the UK, leading to a higher demand for inverters. |
4.2.2 Government initiatives and policies promoting clean energy solutions, boosting the inverter market. |
4.2.3 Technological advancements in inverters, making them more efficient and cost-effective. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing cost of inverters. |
4.3.2 Regulatory uncertainties and changes in government policies affecting the market stability. |
4.3.3 Intense competition among inverter manufacturers leading to price wars and margin pressures. |
5 United Kingdom (UK) Inverter Market Trends |
6 United Kingdom (UK) Inverter Market, By Types |
6.1 United Kingdom (UK) Inverter Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Inverter Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 United Kingdom (UK) Inverter Market Revenues & Volume, By Solar Inverters, 2021-2031F |
6.1.4 United Kingdom (UK) Inverter Market Revenues & Volume, By Vehicle Inverter, 2021-2031F |
6.1.5 United Kingdom (UK) Inverter Market Revenues & Volume, By others, 2021-2031F |
6.2 United Kingdom (UK) Inverter Market, By Output Power Rating |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Inverter Market Revenues & Volume, By Upto 10 kW, 2021-2031F |
6.2.3 United Kingdom (UK) Inverter Market Revenues & Volume, By 10-50 kW, 2021-2031F |
6.2.4 United Kingdom (UK) Inverter Market Revenues & Volume, By 51-100 kW, 2021-2031F |
6.2.5 United Kingdom (UK) Inverter Market Revenues & Volume, By above 100 kW, 2021-2031F |
6.3 United Kingdom (UK) Inverter Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) Inverter Market Revenues & Volume, By PV Plants, 2021-2031F |
6.3.3 United Kingdom (UK) Inverter Market Revenues & Volume, By Residential, 2021-2031F |
6.3.4 United Kingdom (UK) Inverter Market Revenues & Volume, By Automotive, 2021-2031F |
7 United Kingdom (UK) Inverter Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Inverter Market Export to Major Countries |
7.2 United Kingdom (UK) Inverter Market Imports from Major Countries |
8 United Kingdom (UK) Inverter Market Key Performance Indicators |
8.1 Average efficiency improvement rate of inverters in the UK market. |
8.2 Number of new installations of solar panels and wind turbines requiring inverters. |
8.3 Percentage increase in investments in renewable energy projects using inverters. |
8.4 Rate of adoption of smart grid technology integrating inverters into the grid system. |
8.5 Average time taken for product development cycles in the inverter market. |
9 United Kingdom (UK) Inverter Market - Opportunity Assessment |
9.1 United Kingdom (UK) Inverter Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United Kingdom (UK) Inverter Market Opportunity Assessment, By Output Power Rating, 2021 & 2031F |
9.3 United Kingdom (UK) Inverter Market Opportunity Assessment, By End User, 2021 & 2031F |
10 United Kingdom (UK) Inverter Market - Competitive Landscape |
10.1 United Kingdom (UK) Inverter Market Revenue Share, By Companies, 2024 |
10.2 United Kingdom (UK) Inverter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |