
Power Inverter Market
Power Inverter Market - Global Industry Assessment & Forecast
Segments Covered
By Type <5KW, 5KW to 95KW, 100KW to 495KW, Above 500KW
By Application Motor Drives, Uninterruptible Power Supply (UPS), Rail Traction, Wind Turbines, Electric Vehicles/Hybrid Electric Vehicles, Solar PVs, Others
By End Use Utility, Residential, Commercial and Industrial
By Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Snapshot
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2022 |
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2023 - 2030 |
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2017 - 2021 |
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USD 73.50 Billion |
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USD 108.58 Billion |
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5.00% |
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Asia Pacific |
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Asia Pacific |
Customization Offered
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market Dynamics
Region Level Market Share
Import Export Analysis
Production Analysis
Others Request Customization Speak To Analyst
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Executive Dashboard
- Strategic Imperatives
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Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global Power Inverter Market - Segment Analysis
- Overview
- Global Power Inverter Market, 2016 - 2028 (USD Million)
-
Global Power Inverter Market - by Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
-
Global Power Inverter Market - by Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
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Global Power Inverter Market - by End Use
- By Utility
- By Residential
- By Commercial and Industrial
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Global Power Inverter Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Power Inverter Market - Segment Analysis
- Overview
- North America Power Inverter Market, 2016 - 2028 (USD Million)
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North America Power Inverter Market, by Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
-
North America Power Inverter Market, by Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
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North America Power Inverter Market, by End Use
- By Utility
- By Residential
- By Commercial and Industrial
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North America Power Inverter Market, by Country
- U.S.
- U.S. Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- U.S. Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- U.S. Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- U.S. Power Inverter Market, By Type
- Canada
- Canada Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- Canada Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- Canada Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- Canada Power Inverter Market, By Type
- Mexico
- Mexico Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- Mexico Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- Mexico Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- Mexico Power Inverter Market, By Type
- U.S.
-
Europe Power Inverter Market - Segment Analysis
- Overview
- Europe Power Inverter Market, 2016 - 2028 (USD Million)
-
Europe Power Inverter Market, by Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
-
Europe Power Inverter Market, by Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
-
Europe Power Inverter Market, by End Use
- By Utility
- By Residential
- By Commercial and Industrial
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Europe Power Inverter Market, by Country
- Germany
- Germany Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- Germany Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- Germany Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- Germany Power Inverter Market, By Type
- UK
- UK Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- UK Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- UK Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- UK Market, By Type
- France
- France Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- France Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- France Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- France Power Inverter Market, By Type
- Spain
- Spain Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- Spain Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- Spain Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- Spain Power Inverter Market, By Type
- Italy
- Italy Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- Italy Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- Italy Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- Italy Power Inverter Market, By Type
- BENELUX
- BENELUX Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- BENELUX Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- BENELUX Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- BENELUX Power Inverter Market, By Type
- Rest of Europe
- Rest Of Europe Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- Rest Of Europe Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- Rest Of Europe Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- Rest Of Europe Power Inverter Market, By Type
- Germany
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Asia Pacific Power Inverter Market - Segment Analysis
- Overview
- Asia Pacific Power Inverter Market, 2016 - 2028 (USD Million)
-
Asia Pacific Power Inverter Market, by Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
-
Asia Pacific Power Inverter Market, by Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
-
Asia Pacific Power Inverter Market, by End Use
- By Utility
- By Residential
- By Commercial and Industrial
-
Asia Pacific Power Inverter Market, by Country
- China
- China Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- China Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- China Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- China Power Inverter Market, By Type
- Japan
- Japan Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- Japan Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- Japan Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- Japan Power Inverter Market, By Type
- India
- India Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- India Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- India Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- India Power Inverter Market, By Type
- South Korea
- South Korea Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- South Korea Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- South Korea Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- South Korea Power Inverter Market, By Type
- South East Asia
- South East Asia Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- South East Asia Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- South East Asia Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- South East Asia Power Inverter Market, By Type
- Rest of Asia Pacific
- Rest of Asia Pacific Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- Rest of Asia Pacific Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- Rest of Asia Pacific Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- Rest of Asia Pacific Power Inverter Market, By Type
- China
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Latin America Power Inverter Market - Segment Analysis
- Overview
- Latin America Power Inverter Market, 2016 - 2028 (USD Million)
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Latin America Power Inverter Market, by Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
-
Latin America Power Inverter Market, by Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
-
Latin America Power Inverter Market, by End Use
- By Utility
- By Residential
- By Commercial and Industrial
-
Latin America Power Inverter Market, by Country
- Brazil
- Brazil Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- Brazil Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- Brazil Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- Brazil Power Inverter Market, By Type
- Argentina
- Argentina Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- Argentina Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- Argentina Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- Argentina Power Inverter Market, By Type
- Rest of Latin America
- Rest of Latin America Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- Rest of Latin America Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- Rest of Latin America Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- Rest of Latin America Power Inverter Market, By Type
- Brazil
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Middle East & Africa Power Inverter Market - Segment Analysis
- Overview
- Middle East & Africa Power Inverter Market, 2016 - 2028 (USD Million)
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Middle East & Africa Power Inverter Market, by Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
-
Middle East & Africa Power Inverter Market, by Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
-
Middle East & Africa Power Inverter Market, by End Use
- By Utility
- By Residential
- By Commercial and Industrial
-
Middle East & Africa Power Inverter Market, by Country
- GCC Countries
- GCC Countries Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- GCC Countries Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- GCC Countries Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- GCC Countries Power Inverter Market, By Type
- South Africa
- South Africa Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- South Africa Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- South Africa Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- South Africa Power Inverter Market, By Type
- Rest of Middle East & Africa
- Rest of Middle East & Africa Power Inverter Market, By Type
- By <5KW
- By 5KW to 95KW
- By 100KW to 495KW
- By Above 500KW
- Rest of Middle East & Africa Power Inverter Market, By Application
- By Motor Drives
- By Uninterruptible Power Supply (UPS)
- By Rail Traction
- By Wind Turbines
- By Electric Vehicles/Hybrid Electric Vehicles
- By Solar PVs
- By Others
- Rest of Middle East & Africa Power Inverter Market, By End Use
- By Utility
- By Residential
- By Commercial and Industrial
- Rest of Middle East & Africa Power Inverter Market, By Type
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- 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.
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations

FAQ
Frequently Asked Question
What is the global demand for Power Inverter in terms of revenue?
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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%.
Which are the prominent players in the market?
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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..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 5.00% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Power Inverter include
- The rapid economic growth and rising disposable incomes of individuals
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Power Inverter in 2022.