Global Power Inverter Market Growth 2023-2029

Global Power Inverter Market Growth 2023-2029

A power inverter, or inverter, is an electronic device or circuitry that changes direct current (DC) to alternating current (AC). This Report is aimed at the portable power inverter market. This report mainly covers non-embedded inverters – largely for the lower-end 12/24/48V devices that would be used to invert DC to AC for power tools, appliances, TVs, computers, etc., and the inverter/charger market in the same sort of categories.
LPI (LP Information)' newest research report, the “Power Inverter Industry Forecast” looks at past sales and reviews total world Power Inverter sales in 2022, providing a comprehensive analysis by region and market sector of projected Power Inverter sales for 2023 through 2029. With Power Inverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Inverter industry.
This Insight Report provides a comprehensive analysis of the global Power 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 Inverter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Power Inverter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power 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 Inverter.
The global Power Inverter market size is projected to grow from US$ 202.5 million in 2022 to US$ 284.5 million in 2029; it is expected to grow at a CAGR of 284.5 from 2023 to 2029.
Global Power Inverter key players include NFA, Bestek, Rally, Cobra, Duracell, etc. Global top five manufacturers hold a share over 70%. China is the largest market, with a share over 45%, followed by North America and Europe, total have a share about 40 percent. In terms of product, 12V is the largest segment, with a share about 80%. And in terms of application, the largest application is Car Appliances, followed by Outdoor Application.
This report presents a comprehensive overview, market shares, and growth opportunities of Power Inverter market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
12V
24V
48V
48V and above
Segmentation by application
Car Appliances
Outdoor Application
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.
Bestek
NFA
Cobra
Kisae Technology
Rally
Energizer
Duracell
Meind
Stanley
Exeltech
Cotek
Samlex
Power Bright
Go Power
Wagan Tech
Magnum Energy
WEHO
Erayak
Key Questions Addressed in this Report
What is the 10-year outlook for the global Power Inverter market?
What factors are driving Power Inverter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Power Inverter market opportunities vary by end market size?
How does Power Inverter 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.