Global Inverter & Converter Market Growth 2023-2029

Global Inverter & Converter Market Growth 2023-2029

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Inverter & Converter 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 Inverter & Converter.

The global Inverter & Converter 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 Inverter & Converter 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 Inverter & Converter 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 Inverter & Converter is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Inverter & Converter players cover ABB, Advanced Energy, Bonfiglioli Riduttori, Eaton, Emerson Electric, Enphase Energy, Fronius International, GE and Mitsubishi Electric, 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 Inverter & Converter market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Inverter
Converter

Segmentation by application
Solar Panels
Fuel cells and UPS
Battery Storage
Others

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
Advanced Energy
Bonfiglioli Riduttori
Eaton
Emerson Electric
Enphase Energy
Fronius International
GE
Mitsubishi Electric
Omron
Proinso
Riello
Siemens

Key Questions Addressed in this Report

What is the 10-year outlook for the global Inverter & Converter market?

What factors are driving Inverter & Converter market growth, globally and by region?

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

How do Inverter & Converter market opportunities vary by end market size?

How does Inverter & Converter 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.