Core Insights - The global solar PV modules and inverters market is projected to reach $115.8 billion by 2030, driven primarily by the Asia-Pacific region's strong policy initiatives and investments [3] Market Overview - The report provides a comprehensive analysis of the solar PV modules and inverters market, including capacity and market value categorized by technology for both historical (2020-2024) and forecast (2025-2030) periods [1] - It includes market overviews, drivers, restraints, key policies, major upcoming projects, and recent contracts at the country level [2] Regional Analysis - The APAC solar PV modules market is expected to grow from $38.8 billion in 2024 to $46.2 billion in 2030, influenced by recent trade policy changes and localization efforts [4] - In the Americas, particularly the US, policy measures are encouraging module manufacturing to relocate domestically, with tariff adjustments impacting supply chains and module prices [5] - The global solar PV inverter market is valued at $19.8 billion in APAC, $7.7 billion in the Americas, and $7.6 billion in EMEA, with regional dynamics influenced by national policies and regulatory reforms [6] Market Drivers and Trends - The increasing demand for utility-scale projects and hybrid solar-plus-storage systems is driving the evolution of the solar PV inverter market, particularly in Europe and the US [6] - The APAC region is expanding capacity and local manufacturing, while EMEA focuses on quality and strategic procurement, and the US adjusts incentives and trade policies [6]