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Power Inverter Market

Power Inverter Market

Power Inverter Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

171

Base Year:

2022

Date

Apr - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1492

Segments Covered
  • By Type By Type <5KW, 5KW to 95KW, 100KW to 495KW, Above 500KW
  • By Application By Application Motor Drives, Uninterruptible Power Supply (UPS), Rail Traction, Wind Turbines, Electric Vehicles/Hybrid Electric Vehicles, Solar PVs, Others
  • By End Use By End Use Utility, Residential, Commercial and Industrial
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 73.50 Billion
Revenue 2030Revenue 2030: USD 108.58 Billion
Revenue CAGRRevenue CAGR (2023 - 2030): 5.00%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst

Power Inverter Market Segment Analysis

  • Power Inverter Type Outlook (Revenue, USD Million, 2018 - 2030)
    • <5KW
    • 5KW to 95KW
    • 100KW to 495KW
    • Above 500KW
  • Power Inverter Application Outlook (Revenue, USD Million, 2018 - 2030)
    • Motor Drives
    • Uninterruptible Power Supply (UPS)
    • Rail Traction
    • Wind Turbines
    • Electric Vehicles/Hybrid Electric Vehicles
    • Solar PVs
    • Others
  • Power Inverter End Use Outlook (Revenue, USD Million, 2018 - 2030)
    • Utility
    • Residential
    • Commercial and Industrial
  • Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
    • North America
      • North America Power Inverter Market, by Type
        • <5KW
        • 5KW to 95KW
        • 100KW to 495KW
        • Above 500KW
      • North America Power Inverter Market, by Application
        • Motor Drives
        • Uninterruptible Power Supply (UPS)
        • Rail Traction
        • Wind Turbines
        • Electric Vehicles/Hybrid Electric Vehicles
        • Solar PVs
        • Others
      • North America Power Inverter Market, by End Use
        • Utility
        • Residential
        • Commercial and Industrial
      • U.S.
        • U.S. Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • U.S. Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • U.S. Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
      • Canada
        • Canada Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • Canada Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • Canada Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
      • Mexico
        • Mexico Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • Mexico Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • Mexico Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
    • Europe
      • Europe Power Inverter Market, by Type
        • <5KW
        • 5KW to 95KW
        • 100KW to 495KW
        • Above 500KW
      • Europe Power Inverter Market, by Application
        • Motor Drives
        • Uninterruptible Power Supply (UPS)
        • Rail Traction
        • Wind Turbines
        • Electric Vehicles/Hybrid Electric Vehicles
        • Solar PVs
        • Others
      • Europe Power Inverter Market, by End Use
        • Utility
        • Residential
        • Commercial and Industrial
      • U. K.
        • U.K. Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • U.K. Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • U.K. Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
      • France
        • France Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • France Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • France Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
      • Germany
        • Germany Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • Germany Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • Germany Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
      • Italy
        • Italy Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • Italy Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • Italy Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
      • Spain
        • Spain Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • Spain Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • Spain Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
      • Rest of Europe
        • Rest of Europe Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • Rest of Europe Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • Rest of Europe Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
    • Asia Pacific
      • Asia Pacific Power Inverter Market, by Type
        • <5KW
        • 5KW to 95KW
        • 100KW to 495KW
        • Above 500KW
      • Asia Pacific Power Inverter Market, by Application
        • Motor Drives
        • Uninterruptible Power Supply (UPS)
        • Rail Traction
        • Wind Turbines
        • Electric Vehicles/Hybrid Electric Vehicles
        • Solar PVs
        • Others
      • Asia Pacific Power Inverter Market, by End Use
        • Utility
        • Residential
        • Commercial and Industrial
      • China
        • China Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • China Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • China Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
      • Japan
        • Japan Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • Japan Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • Japan Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
      • Germany
        • Germany Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • Germany Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • Germany Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
      • India
        • India Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • India Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • India Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
      • South Korea
        • South Korea Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • South Korea Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • South Korea Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
      • South East Asia
        • South East Asia Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • South East Asia Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • South East Asia Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
      • Rest of Asia Pacific
        • Rest of Asia Pacific Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • Rest of Asia Pacific Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • Rest of Asia Pacific Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
    • Latin America
      • Latin America Power Inverter Market, by Type
        • <5KW
        • 5KW to 95KW
        • 100KW to 495KW
        • Above 500KW
      • Latin America Power Inverter Market, by Application
        • Motor Drives
        • Uninterruptible Power Supply (UPS)
        • Rail Traction
        • Wind Turbines
        • Electric Vehicles/Hybrid Electric Vehicles
        • Solar PVs
        • Others
      • Latin America Power Inverter Market, by End Use
        • Utility
        • Residential
        • Commercial and Industrial
      • Brazil
        • Brazil Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • Brazil Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • Brazil Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
      • Argentina
        • Argentina Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • Argentina Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • Argentina Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
      • Rest of Latin America
        • Rest of Latin America Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • Rest of Latin America Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • Rest of Latin America Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
    • Middle East & Africa
      • Middle East & Africa Power Inverter Market, by Type
        • <5KW
        • 5KW to 95KW
        • 100KW to 495KW
        • Above 500KW
      • Middle East & Africa Power Inverter Market, by Application
        • Motor Drives
        • Uninterruptible Power Supply (UPS)
        • Rail Traction
        • Wind Turbines
        • Electric Vehicles/Hybrid Electric Vehicles
        • Solar PVs
        • Others
      • Middle East & Africa Power Inverter Market, by End Use
        • Utility
        • Residential
        • Commercial and Industrial
      • GCC Countries
        • GCC Countries Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • GCC Countries Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • GCC Countries Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
      • South Africa
        • South Africa Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • South Africa Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • South Africa Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
      • Rest of Middle East & Africa
        • Rest of Middle East & Africa Power Inverter Market, by Type
          • <5KW
          • 5KW to 95KW
          • 100KW to 495KW
          • Above 500KW
        • Rest of Middle East & Africa Power Inverter Market, by Application
          • Motor Drives
          • Uninterruptible Power Supply (UPS)
          • Rail Traction
          • Wind Turbines
          • Electric Vehicles/Hybrid Electric Vehicles
          • Solar PVs
          • Others
        • Rest of Middle East & Africa Power Inverter Market, by End Use
          • Utility
          • Residential
          • Commercial and Industrial
FAQ
Frequently Asked Question
  • The global Power Inverter valued at USD 73.50 Billion in 2022 and is expected to reach USD 108.58 Billion in 2030 growing at a CAGR of 5.00%.

  • The prominent players in the market are SMA Solar Technology AG, Omron Corporation, ABB Ltd, Tabuchi Electric Co. Ltd, Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC), Advanced Energy Industries Inc., Enphase Energy Inc., Schneider Electric SE, Huawei Technologies Co. Ltd., SolarEdge Technologies Inc..

  • The market is project to grow at a CAGR of 5.00% between 2023 and 2030.

  • The driving factors of the Power Inverter include

    • The rapid economic growth and rising disposable incomes of individuals

  • Asia Pacific was the leading regional segment of the Power Inverter in 2022.