Global Bi-Directional Energy Storage Inverter Market Growth 2023-2029

Global Bi-Directional Energy Storage Inverter Market Growth 2023-2029

Bi-Directional Energy Storage Inverter is used in AC-coupled energy storage systems such as grid-connected energy storage and micro-grid energy storage, connecting the battery pack and the grid, and is a device that realizes bidirectional conversion of electric energy. It can not only invert the DC power of the battery into AC power, and transmit it to the power grid or use it for the AC load; it can also rectify the AC power of the power grid into DC power to charge the battery.

LPI (LP Information)' newest research report, the “Bi-Directional Energy Storage Inverter Industry Forecast” looks at past sales and reviews total world Bi-Directional Energy Storage Inverter sales in 2022, providing a comprehensive analysis by region and market sector of projected Bi-Directional Energy Storage Inverter sales for 2023 through 2029. With Bi-Directional Energy Storage Inverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bi-Directional Energy Storage Inverter industry.

This Insight Report provides a comprehensive analysis of the global Bi-Directional Energy Storage Inverter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bi-Directional Energy Storage Inverter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bi-Directional Energy Storage Inverter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bi-Directional Energy Storage Inverter and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bi-Directional Energy Storage Inverter.

The global Bi-Directional Energy Storage Inverter market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Bi-Directional Energy Storage Inverter is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Bi-Directional Energy Storage Inverter is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Bi-Directional Energy Storage Inverter is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Bi-Directional Energy Storage Inverter players cover ABB, Nidec Corporation, Johnson Controls, Parker Hannifin, Delta Electronics, Sungrow Power Supply, KELONG, CLOU and SINENG, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Bi-Directional Energy Storage Inverter market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Less Than 500KW
500KW-1MW
Above 1MW

Segmentation by application
Power Station
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
Nidec Corporation
Johnson Controls
Parker Hannifin
Delta Electronics
Sungrow Power Supply
KELONG
CLOU
SINENG
WindSun Science Technology
Shenzhen Sinexcel Electric
HNAC Technology
TBEA
Hopewind
Guangzhou Zhiguang Energy Storage Technology
BYD
Huawei
Beijing Soaring Electric Technology
NR Electric
Beijing IN-POWER ELECTRIC

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bi-Directional Energy Storage Inverter market?

What factors are driving Bi-Directional Energy Storage Inverter market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bi-Directional Energy Storage Inverter market opportunities vary by end market size?

How does Bi-Directional Energy Storage Inverter break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.