Global PV Inverter Market Growth 2025-2031

The global PV Inverter market size is predicted to grow from US$ 6997 million in 2025 to US$ 13760 million in 2031; it is expected to grow at a CAGR of 11.9% from 2025 to 2031.

PV Inverters, also known as power regulator and power regulator, is an indispensable part of the photovoltaic system.

The major players in global PV Inverter market include SMA, Huawei, etc. The top 2 players occupy about 30% shares of the global market. Asia-Pacific is main market, and occupies over 60% of the global market. String Inverter is the main type, with a share about 60%. Public Utilities is the main application, which holds a share about 45%.

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

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

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

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

Segmentation by Type:
String Inverter
Central Inverter
Microinverters

Segmentation by Application:
Residential
Business
Public Utilities

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.
Huawei
Sungrow Power
SMA
Power Electronics
FIMER
SiNENG
GoodWe
SolarEdge Technologies
Ingeteam
TBEA
KSTAR
Growatt
Siemens (KACO)
Delta Energy Systems
GinLong
Fronius
Schneider Electric
SOFARSOLAR
Darfon Electronics
Powerone Micro System

Key Questions Addressed in this Report

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

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

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

How do PV Inverter market opportunities vary by end market size?

How does PV Inverter break out by Type, by Application?

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