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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
  1. Executive Dashboard
    1. Strategic Imperatives
  2. Premium Insights
    1. Top 3 Trends to Watch
    2. Demand and Supply Trends
    3. Top 3 Strategies Followed by Major Players
    4. Top 3 Predictions by Vantage Market Research
    5. Top Investment Pockets
    6. Insights from Primary Respondents
  3. Global Power Inverter Market - Segment Analysis
    1. Overview
    2. Global Power Inverter Market, 2016 - 2028 (USD Million)
    3. Global Power Inverter Market - by Type
      1. By <5KW
      2. By 5KW to 95KW
      3. By 100KW to 495KW
      4. By Above 500KW
    4. Global Power Inverter Market - by Application
      1. By Motor Drives
      2. By Uninterruptible Power Supply (UPS)
      3. By Rail Traction
      4. By Wind Turbines
      5. By Electric Vehicles/Hybrid Electric Vehicles
      6. By Solar PVs
      7. By Others
    5. Global Power Inverter Market - by End Use
      1. By Utility
      2. By Residential
      3. By Commercial and Industrial
    6. Global Power Inverter Market - by region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
    7. Market comparative analysis
  4. North America Power Inverter Market - Segment Analysis
    1. Overview
    2. North America Power Inverter Market, 2016 - 2028 (USD Million)
    3. North America Power Inverter Market, by Type
      1. By <5KW
      2. By 5KW to 95KW
      3. By 100KW to 495KW
      4. By Above 500KW
    4. North America Power Inverter Market, by Application
      1. By Motor Drives
      2. By Uninterruptible Power Supply (UPS)
      3. By Rail Traction
      4. By Wind Turbines
      5. By Electric Vehicles/Hybrid Electric Vehicles
      6. By Solar PVs
      7. By Others
    5. North America Power Inverter Market, by End Use
      1. By Utility
      2. By Residential
      3. By Commercial and Industrial
    6. North America Power Inverter Market, by Country
      1. U.S.
        1. U.S. Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. U.S. Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. U.S. Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
      2. Canada
        1. Canada Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. Canada Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. Canada Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
      3. Mexico
        1. Mexico Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. Mexico Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. Mexico Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
  5. Europe Power Inverter Market - Segment Analysis
    1. Overview
    2. Europe Power Inverter Market, 2016 - 2028 (USD Million)
    3. Europe Power Inverter Market, by Type
      1. By <5KW
      2. By 5KW to 95KW
      3. By 100KW to 495KW
      4. By Above 500KW
    4. Europe Power Inverter Market, by Application
      1. By Motor Drives
      2. By Uninterruptible Power Supply (UPS)
      3. By Rail Traction
      4. By Wind Turbines
      5. By Electric Vehicles/Hybrid Electric Vehicles
      6. By Solar PVs
      7. By Others
    5. Europe Power Inverter Market, by End Use
      1. By Utility
      2. By Residential
      3. By Commercial and Industrial
    6. Europe Power Inverter Market, by Country
      1. Germany
        1. Germany Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. Germany Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. Germany Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
      2. UK
        1. UK Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. UK Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. UK Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
      3. France
        1. France Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. France Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. France Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
      4. Spain
        1. Spain Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. Spain Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. Spain Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
      5. Italy
        1. Italy Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. Italy Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. Italy Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
      6. BENELUX
        1. BENELUX Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. BENELUX Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. BENELUX Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
      7. Rest of Europe
        1. Rest Of Europe Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. Rest Of Europe Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. Rest Of Europe Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
  6. Asia Pacific Power Inverter Market - Segment Analysis
    1. Overview
    2. Asia Pacific Power Inverter Market, 2016 - 2028 (USD Million)
    3. Asia Pacific Power Inverter Market, by Type
      1. By <5KW
      2. By 5KW to 95KW
      3. By 100KW to 495KW
      4. By Above 500KW
    4. Asia Pacific Power Inverter Market, by Application
      1. By Motor Drives
      2. By Uninterruptible Power Supply (UPS)
      3. By Rail Traction
      4. By Wind Turbines
      5. By Electric Vehicles/Hybrid Electric Vehicles
      6. By Solar PVs
      7. By Others
    5. Asia Pacific Power Inverter Market, by End Use
      1. By Utility
      2. By Residential
      3. By Commercial and Industrial
    6. Asia Pacific Power Inverter Market, by Country
      1. China
        1. China Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. China Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. China Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
      2. Japan
        1. Japan Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. Japan Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. Japan Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
      3. India
        1. India Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. India Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. India Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
      4. South Korea
        1. South Korea Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. South Korea Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. South Korea Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
      5. South East Asia
        1. South East Asia Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. South East Asia Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. South East Asia Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
      6. Rest of Asia Pacific
        1. Rest of Asia Pacific Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. Rest of Asia Pacific Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. Rest of Asia Pacific Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
  7. Latin America Power Inverter Market - Segment Analysis
    1. Overview
    2. Latin America Power Inverter Market, 2016 - 2028 (USD Million)
    3. Latin America Power Inverter Market, by Type
      1. By <5KW
      2. By 5KW to 95KW
      3. By 100KW to 495KW
      4. By Above 500KW
    4. Latin America Power Inverter Market, by Application
      1. By Motor Drives
      2. By Uninterruptible Power Supply (UPS)
      3. By Rail Traction
      4. By Wind Turbines
      5. By Electric Vehicles/Hybrid Electric Vehicles
      6. By Solar PVs
      7. By Others
    5. Latin America Power Inverter Market, by End Use
      1. By Utility
      2. By Residential
      3. By Commercial and Industrial
    6. Latin America Power Inverter Market, by Country
      1. Brazil
        1. Brazil Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. Brazil Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. Brazil Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
      2. Argentina
        1. Argentina Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. Argentina Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. Argentina Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
      3. Rest of Latin America
        1. Rest of Latin America Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. Rest of Latin America Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. Rest of Latin America Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
  8. Middle East & Africa Power Inverter Market - Segment Analysis
    1. Overview
    2. Middle East & Africa Power Inverter Market, 2016 - 2028 (USD Million)
    3. Middle East & Africa Power Inverter Market, by Type
      1. By <5KW
      2. By 5KW to 95KW
      3. By 100KW to 495KW
      4. By Above 500KW
    4. Middle East & Africa Power Inverter Market, by Application
      1. By Motor Drives
      2. By Uninterruptible Power Supply (UPS)
      3. By Rail Traction
      4. By Wind Turbines
      5. By Electric Vehicles/Hybrid Electric Vehicles
      6. By Solar PVs
      7. By Others
    5. Middle East & Africa Power Inverter Market, by End Use
      1. By Utility
      2. By Residential
      3. By Commercial and Industrial
    6. Middle East & Africa Power Inverter Market, by Country
      1. GCC Countries
        1. GCC Countries Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. GCC Countries Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. GCC Countries Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
      2. South Africa
        1. South Africa Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. South Africa Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. South Africa Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
      3. Rest of Middle East & Africa
        1. Rest of Middle East & Africa Power Inverter Market, By Type
          1. By <5KW
          2. By 5KW to 95KW
          3. By 100KW to 495KW
          4. By Above 500KW
        2. Rest of Middle East & Africa Power Inverter Market, By Application
          1. By Motor Drives
          2. By Uninterruptible Power Supply (UPS)
          3. By Rail Traction
          4. By Wind Turbines
          5. By Electric Vehicles/Hybrid Electric Vehicles
          6. By Solar PVs
          7. By Others
        3. Rest of Middle East & Africa Power Inverter Market, By End Use
          1. By Utility
          2. By Residential
          3. By Commercial and Industrial
  9. Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter's Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
  10. COVID 19 Impact Analysis
    1. Key strategies undertaken by companies to tackle COVID-19
    2. Short term dynamics
    3. Long term dynamics
  11. Marketing Stratagy Analysis
    1. Marketing Channel
    2. Direct Marketing
    3. Indirect Marketing
    4. Marketing Channel Development Trends
  12. Competative Landscape
    1. Competition Matrix - 2021
    2. Company Market Share Analysis - 2021
    3. Key Company Activities, 2018 - 2021
    4. Strategic Developments - Heat Map Analysis
    5. Company Offering Evaluation
    6. Company Regional Presence Evaluation
  13. Company Profiles
    1. SMA Solar Technology AG
    2. Omron Corporation
    3. ABB Ltd
    4. Tabuchi Electric Co. Ltd
    5. Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC)
    6. Advanced Energy Industries Inc.
    7. Enphase Energy Inc.
    8. Schneider Electric SE
    9. Huawei Technologies Co. Ltd.
    10. SolarEdge Technologies Inc.
  14. Key Primary Respondents - VERBATIM
  15. Discussion Guide
  16. Customization Offered
  17. Annexure
  18. List of Figures
  19. List of Tables
  20. List of Abbreviations
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.