SolarData USA

SMA Inverters - Market Share, Pricing & Data

SMA is a German manufacturer offering reliable string inverters. Popular for larger residential and commercial installations where cost efficiency is prioritized.

Market Share
10%
Total Installations
450,000
Avg Cost (When Used)
$0.55/W
Inverter Type
String

Average Cost per Watt

$0.55per watt$1.5$5.0

Average system cost when SMA inverters are used

Market Share Trend

Market Share (%)

20202021202220232024

Top States for SMA Inverters

StateInstallations
California185,000
Texas30,000
Florida25,000
Arizona22,000
North Carolina18,000

Source: LBNL Tracking the Sun / U.S. Department of Energy