Global Off-Grid Solar Inverter Market Growth 2025-2031

The global Off-Grid Solar Inverter market size is predicted to grow from US$ 5113 million in 2025 to US$ 8109 million in 2031; it is expected to grow at a CAGR of 8.0% from 2025 to 2031.

An off-grid solar inverter is a crucial component of off-grid solar power systems. Its primary function is to convert the direct current (DC) electricity generated by solar panels into alternating current (AC) electricity suitable for powering standard household or industrial appliances and for distribution to the electrical grid. Unlike grid-tied inverters that work in conjunction with the grid, off-grid inverters are designed for standalone or isolated power systems where there is no connection to a utility grid.

Growth in Remote and Off-Grid Applications: The demand for off-grid solar inverters continues to grow, particularly in remote or off-grid areas where access to the utility grid is limited or non-existent. These systems are used for powering homes, businesses, and critical infrastructure in remote regions and on islands.

Increased Energy Storage Integration: Off-grid solar inverters are being increasingly integrated with energy storage solutions, such as lithium-ion batteries. This integration allows for greater energy independence and the ability to store excess solar power for use during the night or during periods of low sunlight.

Advancements in Hybrid Systems: Hybrid solar inverters that can work with both solar panels and additional energy sources like wind turbines or diesel generators are gaining popularity. These systems provide a more stable and reliable source of power in off-grid applications.

Smart Inverters: Smart and grid-interactive inverters are becoming more common. These inverters can communicate with the grid (if available) and adjust their output to optimize self-consumption and grid interaction, providing added flexibility and efficiency.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Off-Grid Solar 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 Off-Grid Solar Inverter.

This report presents a comprehensive overview, market shares, and growth opportunities of Off-Grid Solar Inverter market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Micro Inverter
String Inverter
Central Inverter

Segmentation by Application:
Residential
Commercial
Industrial
Utilities
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 analysing the company's coverage, product portfolio, its market penetration.
SMA Solar Technology
GoodWe
ABB
Delta
TMEIC
Sofar
Sungrow
Huawei
INVT
Danfoss
Morningstar
Luminous
Su-Kam
Sol-Ark
Ginlong
Sorotec
SAKO
Havells
Tanfon

Key Questions Addressed in this Report

What is the 10-year outlook for the global Off-Grid Solar Inverter market?

What factors are driving Off-Grid Solar Inverter market growth, globally and by region?

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

How do Off-Grid Solar Inverter market opportunities vary by end market size?

How does Off-Grid Solar Inverter break out by Type, by Application?

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