Global Photovoltaic Grid-connected Solution Market Growth (Status and Outlook) 2025-2031
The global Photovoltaic Grid-connected Solution market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of % from 2025 to 2031.
Photovoltaic grid-connected solution refers to a solution that connects a solar photovoltaic (PV) system to the public grid, enabling self-consumption and excess power to be sold back to the grid. The Photovoltaic grid-connected system uses inverters to convert DC power to AC power which works in sync with the public grid. The electricity generated is then supplied to households or commercial/industrial facilities, while excess electricity is fed back into the grid and subsidized or sold, in accordance with national policies. Photovoltaic grid-connected solutions can improve the economic benefits of solar power generation systems, reduce dependence on the public grid, and have advantages such as being environmentally friendly, energy-saving, and sustainable, making them widely used in households, commercial, and industrial fields.
Key Features
- Market projected to grow significantly
- Increases in various sectors including residential, commercial, and industrial
Segmentation by Type
- Centralized Photovoltaic Grid-Connected Solution
- Distributed Photovoltaic Grid-Connected Solution
Segmentation by Application
- Residential
- Commercial
- Industrial
- Public Utilities
- Others
Market by Region
- Americas
- APAC
- Europe
- Middle East & Africa
Company's Coverage
- Helios Photovoltaic
- Growatt
- Shenzhen INVT Electric Co., Ltd (INVT)
- Wuhan Union Better Technology
- Projoy Electric Co., Ltd.
- East
- AISWEI
- Chang He Shen Yuan Hebei energy storage Technology Co., LTD
- Siemens
- Taizhou Guorui Electric Co., LTD
- Cnsolarwind
Key Questions Addressed in this Report
- What are the growth opportunities?
- Which companies are leading the market?
Frequently Asked Questions
- Global Market Players
- Geopolitical regions
- Consumer Insights
- Technological advancement
- Historic and Future Analysis of the Market