Global Industrial MV and HV Inverter Market Growth 2025-2031

The global Industrial MV and HV Inverter 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.

Industrial MV/HV Inverter is an electronic device or circuitry that changes direct current (DC) to alternating current (AC). The input voltage, output voltage and frequency, and overall power handling depend on the design of the specific device or circuitry. The inverter does not produce any power; the power is provided by the DC source. High and medium voltage inverters usually refer to high-power inverters with voltage levels above 690V.

For the major players of Industrial MV/HV Inverter, ABB maintained its first place in the ranking in 2019. Followed by Fuji Electric, Yaskawa Electric, Siemens and Danfoss. The Top 5 players accounted for 47% of the Asia Industrial MV/HV Inverter revenue market share in 2019.

China occupied the largest revenue market share with 48.81% in 2019.

In the applications, Oil & Gas and Chemicals Industry were estimated to account for the highest market share of 26% in 2019.

LP Information, Inc. (LPI) ' newest research report, the “Industrial MV and HV Inverter Industry Forecast” looks at past sales and reviews total world Industrial MV and HV Inverter sales in 2024, providing a comprehensive analysis by region and market sector of projected Industrial MV and HV Inverter sales for 2025 through 2031. With Industrial MV and HV Inverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial MV and HV Inverter industry.

This Insight Report provides a comprehensive analysis of the global Industrial MV and HV 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 Industrial MV and HV Inverter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial MV and HV Inverter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial MV and HV 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 Industrial MV and HV Inverter.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial MV and HV Inverter market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Below 3kv Inverter
3-6kv Inverter
6-10kv Inverter
above 10kv Inverter

Segmentation by Application:
Oil & Gas and Chemicals
Power and Power and Energy
Mining
Cement Industry
Metallurgical Industry
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 analysing the company's coverage, product portfolio, its market penetration.
ABB
Fuji Electric
Yaskawa Electric
Siemens
Danfoss
Hiconics
Inovance Technology
Delta Electronics
INVT
Rockwell Automation
Schneider Electric
Slanvert
Nidec Industrial Solutions
TECO
TMEIC
Hitachi
Wolong Holding

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial MV and HV Inverter market?

What factors are driving Industrial MV and HV Inverter market growth, globally and by region?

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

How do Industrial MV and HV Inverter market opportunities vary by end market size?

How does Industrial MV and HV Inverter break out by Type, by Application?

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