Global Power Conversion System Inverter Market Growth 2025-2031

The global Power Conversion System Inverter market size is predicted to grow from US$ 10870 million in 2025 to US$ 18200 million in 2031; it is expected to grow at a CAGR of 9.0% from 2025 to 2031.

United States market for Power Conversion System Inverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Power Conversion System Inverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Power Conversion System Inverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Power Conversion System Inverter players cover Sungrow Power Supply Co., Ltd., Johnson Controls, Parker Hannifin, Delta Electronics, Inc., HNAC Technology Co., Ltd., etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

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

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

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

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

Segmentation by Type:
Lithium Battery
Lead Acid Battery
Others

Segmentation by Application:
Power Plant
Grid
Resident
Industrial

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.
Sungrow Power Supply Co., Ltd.
Johnson Controls
Parker Hannifin
Delta Electronics, Inc.
HNAC Technology Co., Ltd.
Destin Power Inc.
Jiangsu Linyang Energy Co., Ltd.
Dynapower Company LLC
Shanghai Sermatec Energy Technology Co., Ltd.
Shenzhen Kstar Science&Technology Co., Ltd.
Soaring
TBEA
Shenzhen Sinexcel Electric Co., Ltd.
ABB
Nidec Corporation
SMA
KACO
GOODWE
Shenzhen INVT Electric Co.,Ltd.
Kehua Data Co., Ltd.
Sineng Electric Co., Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Power Conversion System Inverter market?

What factors are driving Power Conversion System Inverter market growth, globally and by region?

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

How do Power Conversion System Inverter market opportunities vary by end market size?

How does Power Conversion System Inverter break out by Type, by Application?

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