India Power Inverter Market: Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine
The India power inverter market is expected to grow at a CAGR of around 9.3% during 2025-2034. This report on India power inverter market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the India power inverter market by segmenting the market based on rating, application, end-use and region. Also, detailed profiles of companies operating in the power inverter market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Growing Investments in Renewable Energy
• Growing Technological Advancements
Market Challenges
• High Initial Investments
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Rating
• <5KW
• 5KW to 95KW
• 100KW to 495KW
• Above 500KW
Market by Application
• UPS
• Rail Traction
• Wind Turbines
• Electric Vehicles/Hybrid Electric Vehicles (EVs/HEVs)
• Solar PVs
• Other Applications
Market by End-Use
• Utilities
• Residential
• Commercial and Industrial
• Automotive and Transportation
Market by Region
• North India
• South India
• West & Central India
• East India
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. India Power Inverter Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. India Power Inverter Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Product
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 4.5. Impact of Russia-Ukraine War
- 5. India Power Inverter Market by Rating
- 5.1. Introduction
- 5.2. <5KW
- 5.3. 5KW to 95KW
- 5.4. 100KW to 495KW
- 5.5. Above 500KW
- 6. India Power Inverter Market by Application
- 6.1. Introduction
- 6.2. Motor Drives
- 6.3. UPS
- 6.4. Rail Traction
- 6.5. Wind Turbines
- 6.6. Electric Vehicles/Hybrid Electric Vehicles (EVs/HEVs)
- 6.7. Solar PVs
- 6.8. Other Applications
- 7. India Power Inverter Market by End-Use
- 7.1. Introduction
- 7.2. Utilities
- 7.3. Residential
- 7.4. Commercial and Industrial
- 7.5. Automotive and Transportation
- 8. India Power Inverter Market by Region
- 8.1. Introduction
- 8.2. North India
- 8.3. South India
- 8.4. West & Central India
- 8.5. East India
- 9. SWOT Analysis
- 10. Porter’s Five Forces
- 11. Market Value Chain Analysis
- 12. Competitive Landscape
- 12.1. Competitive Scenario
- 12.2. Company Profiles
- 12.2.1. ABB Ltd.
- 12.2.2. Huawei Technologies Co., Ltd.
- 12.2.3. Delta Electronics, Inc.
- 12.2.4. SMA Solar India Private Limited
- 12.2.5. Genus Power Infrastructures Ltd
- 12.2.6. SolarEdge Technologies Inc.
- List of Figures
- Figure 1: India Power Inverter Market (in US$ Million), 2020-2024
- Figure 2: India Power Inverter Market by Rating, 2024
- Figure 3: India Power Inverter Market by Application, 2024
- Figure 4: India Power Inverter Market by End-Use, 2024
- Figure 5: India Power Inverter Market by Region, 2024
- Figure 6: India Power Inverter Market (in US$ Million), 2025-2034
- Figure 7: India Power Inverter Market by Rating (in %), 2024 & 2034
- Figure 8: India <5KW Plant Power Inverter Market (in US$ Million), 2020-2024
- Figure 9: India <5KW Plant Power Inverter Market (in US$ Million), 2025-2034
- Figure 10: India 5KW to 95KW Power Inverter Market (in US$ Million), 2020-2024
- Figure 11: India 5KW to 95KW Power Inverter (in US$ Million), 2025-2034
- Figure 12: India 100KW to 495KW Power Inverter Market (in US$ Million), 2020-2024
- Figure 13: India 100KW to 495KW Power Inverter Market (in US$ Million), 2025-2034
- Figure 14: India Above 500KW Power Inverter Market (in US$ Million), 2020-2024
- Figure 15: India Above 500KW Power Inverter Market (in US$ Million), 2025-2034
- Figure 16: India Power Inverter Market by Application (in %), 2024 & 2034
- Figure 17: India Motor Drives Power Inverter Market (in US$ Million), 2020-2024
- Figure 18: India Motor Drives Power Inverter Market (in US$ Million), 2025-2034
- Figure 19: India UPS Power Inverter Market (in US$ Million), 2020-2024
- Figure 20: India UPS Power Inverter Market (in US$ Million), 2025-2034
- Figure 21: India Rail Traction Power Inverter Market (in US$ Million), 2020-2024
- Figure 22: India Rail Traction Power Inverter Market (in US$ Million), 2025-2034
- Figure 23: India Wind Turbines Power Inverter Market (in US$ Million), 2020-2024
- Figure 24: India Wind Turbines Power Inverter Market (in US$ Million), 2025-2034
- Figure 25: India Electric Vehicles/Hybrid Electric Vehicles (EVs/HEVs) Power Inverter Market (in US$ Million), 2020-2024
- Figure 26: India Electric Vehicles/Hybrid Electric Vehicles (EVs/HEVs) Power Inverter Market (in US$ Million), 2025-2034
- Figure 27: India Solar PVs Power Inverter Market (in US$ Million), 2020-2024
- Figure 28: India Solar PVs Power Inverter Market (in US$ Million), 2025-2034
- Figure 29: India Other Applications Power Inverter Market (in US$ Million), 2020-2024
- Figure 30: India Other Applications Power Inverter Market (in US$ Million), 2025-2034
- Figure 31: India Power Inverter Market by End-Use (in %), 2024 & 2034
- Figure 32: India Utilities Power Inverter Market (in US$ Million), 2020-2024
- Figure 33: India Utilities Power Inverter Market (in US$ Million), 2025-2034
- Figure 34: India Residential Power Inverter Market (in US$ Million), 2020-2024
- Figure 35: India Residential Power Inverter Market (in US$ Million), 2025-2034
- Figure 36: India Commercial and Industrial Power Inverter Market (in US$ Million), 2020-2024
- Figure 37: India Commercial and Industrial Power Inverter Market (in US$ Million), 2025-2034
- Figure 38: India Automotive and Transportation Power Inverter Market (in US$ Million), 2020-2024
- Figure 39: India Automotive and Transportation Power Inverter Market (in US$ Million), 2025-2034
- Figure 40: India Power Inverter Market by Region (in %), 2024 & 2034
- Figure 41: North India Power Inverter Market (in US$ Million), 2020-2024
- Figure 42: North India Power Inverter Market (in US$ Million), 2025-2034
- Figure 43: South India Power Inverter Market (in US$ Million), 2020-2024
- Figure 44: South India Power Inverter Market (in US$ Million), 2025-2034
- Figure 45: West & Central India Power Inverter Market (in US$ Million), 2020-2024
- Figure 46: West & Central India Power Inverter Market (in US$ Million), 2025-2034
- Figure 47: East India Power Inverter Market (in US$ Million), 2020-2024
- Figure 48: East India Power Inverter Market (in US$ Million), 2025-2034
- Figure 49: Market Value Chain
- List of Tables
- Table 1: India Power Inverter Market Portraiture
- Table 2: India Power Inverter Market by Rating (in US$ Million), 2024 & 2034
- Table 3: India Power Inverter Market by Application (in US$ Million), 2024 & 2034
- Table 4: India Power Inverter Market by End-Use (in US$ Million), 2024 & 2034
- Table 5: India Power Inverter Market by Region (in US$ Million), 2024 & 2034
- Table 6: List of Key Players
Research Assistance
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