LATAM Solar Inverter Market Size & Outlook, 2025-2033


LATAM Solar Inverter Market Highlights

  • Based on Market Strides findings, the LATAM Solar Inverter Market size reached USD 626.43 Million in 2024 and is expected to grow to USD 1,333.49 Million by 2033.
  • During 2025–2033, the market is forecasted to advance at a CAGR of 8.71%.
  • Central Inverter represented the largest share of the Product Type market in terms of size in 2024.
  • Among the Product Type segments, Micro Inverter is forecasted to achieve the highest growth and remain the most lucrative through the forecast period.
LATAM Solar Inverter Market Overview
Source: MS Analysis Company Publications, Primary Interviews.

Other Key Findings


  • In 2024, LATAM accounted for 5.16% of the global Solar Inverter Market size.
  • By 2033, United States is projected to lead the global market in terms of market size.
  • Argentina is projected to emerge as the fastest-growing market in LATAM, reaching USD 139.14 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 626.43 Million
Market Size In 2033 USD 1,333.49 Million
Largest segment Central Inverter
Units Revenue in USD Million
CAGR 8.71% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
LATAM
  1. Brazil
  2. Mexico
  3. Argentina
  4. Colombia
  5. Chile
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

LATAM Solar Inverter Market Country 2025-2033

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

LATAM Solar Inverter Market Product Type 2025-2033

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

LATAM Solar Inverter Market Connection 2025-2033

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

LATAM Solar Inverter Market Phase 2025-2033

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

LATAM Solar Inverter Market End User 2025-2033

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

LATAM Solar Inverter Market Nominal Power Output 2025-2033

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

LATAM Solar Inverter Market Nominal Output Voltage 2025-2033

LATAM 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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