Global Solar Inverter Market Size & Outlook, 2025-2033


Global Solar Inverter Market Highlights

  • According to Market Strides analysis, the Global Solar Inverter Market size was USD 12140 Million in 2024 and is projected to reach USD 26,612.91 Million by 2033.
  • The Global market is projected to grow at a CAGR of 9.1% between 2025 and 2033.
  • By segment, Central Inverter emerged as the largest Product Type in terms of market size in 2024.
  • Micro Inverter is anticipated to remain the most attractive Product Type segment, recording the fastest growth during the forecast period.
Global Solar Inverter Market Overview
Source: MS Analysis Company Publications, Primary Interviews.

Other Key Findings


  • By 2033, United States is estimated to hold the largest position in the global market in terms of size.
  • Asia Pacific is estimated to remain the fastest-growing market in Global, advancing to USD 6518.63 Million by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 12140 Million
Market Size In 2033 USD 26,612.91 Million
Largest segment Central Inverter
Units Revenue in USD Million
CAGR 9.1% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Middle East and Africa
  5. LATAM
Product Type
  1. Central Inverter
  2. String Inverter
  3. Micro Inverter
  4. Others
Connection
  1. On-grid
  2. Off-grid
Phase
  1. Single Phase
  2. Three Phase
End User
  1. Residential
  2. Commercial
  3. Industrial
  4. Utilities
Nominal Power Output
  1. Less than or equal to 0.5 kW
  2. 0.5 - 3 kW
  3. 3 - 33 kW
  4. 33 - 110 kW
  5. 110 kW
Nominal Output Voltage
  1. Less than or equal to 230 V
  2. 230 - 400 V
  3. 400 - 600 V
  4. 600 V

Global Solar Inverter Market Region 2025-2033

Global Solar Inverter Market Region 2025-2033
Source: MS Analysis Company Publications, Primary Interviews.

Global Solar Inverter Market Product Type 2025-2033

Global Solar Inverter Market Product Type 2025-2033
Source: MS Analysis Company Publications, Primary Interviews.

Global Solar Inverter Market Connection 2025-2033

Global Solar Inverter Market Connection 2025-2033
Source: MS Analysis Company Publications, Primary Interviews.

Global Solar Inverter Market Phase 2025-2033

Global Solar Inverter Market Phase 2025-2033
Source: MS Analysis Company Publications, Primary Interviews.

Global Solar Inverter Market End User 2025-2033

Global Solar Inverter Market End User 2025-2033
Source: MS Analysis Company Publications, Primary Interviews.

Global Solar Inverter Market Nominal Power Output 2025-2033

Global Solar Inverter Market Nominal Power Output 2025-2033
Source: MS Analysis Company Publications, Primary Interviews.

Global Solar Inverter Market Nominal Output Voltage 2025-2033

Global Solar Inverter Market Nominal Output Voltage 2025-2033
Source: MS Analysis Company Publications, Primary Interviews.

Author :

Market Strides

Market Strides

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Report Details
Author Market Strides
Format PDF & Excel
Language English
Published Sep, 2025
USD 1188
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