North America Solar Inverter Market Size & Outlook, 2025-2033


North America Solar Inverter Market Highlights

  • Based on Market Strides findings, the North America Solar Inverter Market size reached USD 4722.46 Million in 2024 and is expected to grow to USD 10,564.29 Million by 2033.
  • During 2025–2033, the market is forecasted to advance at a CAGR of 9.25%.
  • Central Inverter represented the largest share of the Product Type market in terms of size in 2024.
  • Among the Product Type segments, Central Inverter is forecasted to achieve the highest growth and remain the most lucrative through the forecast period.
North America Solar Inverter Market Overview
Source: MS Analysis Company Publications, Primary Interviews.

Other Key Findings


  • The global Solar Inverter Market size saw North America holding a share of 38.9% in 2024.
  • United States is forecasted to account for the leading share of the global market by 2033.
  • In North America, United States is forecasted to be the fastest-expanding market, projected to reach USD 30555.21 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 4722.46 Million
Market Size In 2033 USD 10,564.29 Million
Largest segment Central Inverter
Units Revenue in USD Million
CAGR 9.25% (2025-2033)
Segmnetation Covered
North America
  1. United States
  2. Canada
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
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

North America Solar Inverter Market Country 2025-2033 (USD Million)

North America 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
United States XX.x XX.x XX.x 3607.96 XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Canada XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Total XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Source: MS Analysis Company Publications, Primary Interviews.

North America Solar Inverter Market Product Type 2025-2033 (USD Million)

Product Type 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Central Inverter XX.x XX.x XX.x 2099.61 XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
String Inverter XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Micro Inverter XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Others XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Total XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Source: MS Analysis Company Publications, Primary Interviews.

North America Solar Inverter Market Connection 2025-2033 (USD Million)

Connection 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
On-grid XX.x XX.x XX.x 2869.84 XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Off-grid XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Total XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Source: MS Analysis Company Publications, Primary Interviews.

North America Solar Inverter Market Phase 2025-2033 (USD Million)

Phase 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Single Phase XX.x XX.x XX.x 2597.35 XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Three Phase XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Total XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Source: MS Analysis Company Publications, Primary Interviews.

North America Solar Inverter Market End User 2025-2033 (USD Million)

End User 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Residential XX.x XX.x XX.x 2234.2 XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Commercial XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Industrial XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Utilities XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Total XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Source: MS Analysis Company Publications, Primary Interviews.

North America Solar Inverter Market Nominal Power Output 2025-2033 (USD Million)

Nominal Power Output 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Less than or equal to 0.5 kW XX.x XX.x XX.x 2070.33 XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
0.5 - 3 kW XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
3 - 33 kW XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
33 - 110 kW XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
110 kW XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Total XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Source: MS Analysis Company Publications, Primary Interviews.

North America Solar Inverter Market Nominal Output Voltage 2025-2033 (USD Million)

Nominal Output Voltage 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Less than or equal to 230 V XX.x XX.x XX.x 2259.7 XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
230 - 400 V XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
400 - 600 V XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
600 V XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Total XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Source: MS Analysis Company Publications, Primary Interviews.

Author :

Market Strides Research Team

The Market Strides Research Team delivers concise, data-driven insights across Construction & Manufacturing, Energy & Power, and Machinery & Equipment markets. With expertise covering materials, machinery, automation, infrastructure, power systems, renewables, and industrial technologies, the team provides reliable research and clear market intelligence for global businesses and decision-makers.

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Report Details
Author Market Strides Research Team
Format PDF & Excel
Language English
Published Nov, 2025
USD 2800
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