SMA Solar Technology AG

A new patent landscape report on on-grid solar inverters reveals that China dominates global patent activity with 436 patents, followed by the United States with 159, out of a total of 722 patents filed across primary jurisdictions from 2010 to 2025. The report, added to ResearchAndMarkets.com, identifies 327 active patents, 207 pending, and 57 inactive or expired, with patent activity peaking in 2024 at 96 new filings. Global photovoltaic inverter shipments reached 589 gigawatts in 2024, up from 536 gigawatts in 2023, and the on-grid photovoltaic inverter market was valued at approximately 29.5 billion US dollars in 2024, expected to grow at around 8 percent annually through the early 2030s. Leading patent applicants include Huawei, Sungrow, China Electric Power Research Institute, Delta Electronics, SolarCity, and SMA Solar Technology AG, with strategic focuses on grid management, power conversion, and smart-grid integration.

A new report from ResearchAndMarkets.com forecasts the global inverter market will more than double by 2030, driven by surging renewable energy and electric vehicle infrastructure investment. The study segments the market by type, including solar inverters such as central, string, microinverters, and hybrid, as well as vehicle inverters for BEV, HEV, and PHEV variants, and finds the 100-300V output voltage segment will lead due to residential and small commercial use, while the utility end-user segment will grow fastest. North America is estimated to hold the second-largest regional share, supported by US and Canadian grid modernization and clean energy incentives. Profiled companies include Huawei Technologies, Sungrow, SMA Solar Technology, Enphase Energy, and Schneider Electric.