Power Inverter Market
Power Inverter Market - Global Industry Assessment & Forecast
#
Pages:
171
Base Year:
2022
Apr - 2022
Format:
Report Code:
VMR-1492
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
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 73.50 Billion |
 Revenue 2030:
|
USD 108.58 Billion |
 Revenue CAGR
(2023 - 2030): |
5.00% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
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
Power Inverter Market Segment Analysis
- Power Inverter Type Outlook (Revenue, USD Million, 2018 - 2030)
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- Power Inverter Application Outlook (Revenue, USD Million, 2018 - 2030)
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- Power Inverter End Use Outlook (Revenue, USD Million, 2018 - 2030)
- Utility
- Residential
- Commercial and Industrial
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
-
North America Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
-
North America Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- U.S.
- U.S. Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- U.S. Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- U.S. Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- U.S. Power Inverter Market, by Type
- Canada
- Canada Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- Canada Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- Canada Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- Canada Power Inverter Market, by Type
-
Mexico
- Mexico Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- Mexico Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- Mexico Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- Mexico Power Inverter Market, by Type
-
North America Power Inverter Market, by Type
- Europe
-
Europe Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
-
Europe Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
-
Europe Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- U. K.
- U.K. Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- U.K. Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- U.K. Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- U.K. Power Inverter Market, by Type
- France
- France Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- France Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- France Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- France Power Inverter Market, by Type
-
Germany
- Germany Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- Germany Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- Germany Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- Germany Power Inverter Market, by Type
-
Italy
- Italy Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- Italy Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- Italy Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- Italy Power Inverter Market, by Type
-
Spain
- Spain Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- Spain Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- Spain Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- Spain Power Inverter Market, by Type
-
Rest of Europe
- Rest of Europe Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- Rest of Europe Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- Rest of Europe Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- Rest of Europe Power Inverter Market, by Type
-
Europe Power Inverter Market, by Type
- Asia Pacific
-
Asia Pacific Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
-
Asia Pacific Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
-
Asia Pacific Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- China
- China Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- China Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- China Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- China Power Inverter Market, by Type
- Japan
- Japan Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- Japan Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- Japan Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- Japan Power Inverter Market, by Type
-
Germany
- Germany Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- Germany Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- Germany Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- Germany Power Inverter Market, by Type
-
India
- India Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- India Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- India Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- India Power Inverter Market, by Type
-
South Korea
- South Korea Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- South Korea Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- South Korea Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- South Korea Power Inverter Market, by Type
-
South East Asia
- South East Asia Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- South East Asia Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- South East Asia Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- South East Asia Power Inverter Market, by Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- Rest of Asia Pacific Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- Rest of Asia Pacific Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- Rest of Asia Pacific Power Inverter Market, by Type
-
Asia Pacific Power Inverter Market, by Type
- Latin America
-
Latin America Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
-
Latin America Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
-
Latin America Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- Brazil
- Brazil Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- Brazil Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- Brazil Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- Brazil Power Inverter Market, by Type
- Argentina
- Argentina Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- Argentina Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- Argentina Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- Argentina Power Inverter Market, by Type
-
Rest of Latin America
- Rest of Latin America Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- Rest of Latin America Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- Rest of Latin America Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- Rest of Latin America Power Inverter Market, by Type
-
Latin America Power Inverter Market, by Type
- Middle East & Africa
-
Middle East & Africa Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
-
Middle East & Africa Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
-
Middle East & Africa Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- GCC Countries
- GCC Countries Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- GCC Countries Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- GCC Countries Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- GCC Countries Power Inverter Market, by Type
- South Africa
- South Africa Power Inverter Market, by Type
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- South Africa Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- South Africa Power Inverter Market, by End Use
- Utility
- Residential
- 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
- <5KW
- 5KW to 95KW
- 100KW to 495KW
- Above 500KW
- Rest of Middle East & Africa Power Inverter Market, by Application
- Motor Drives
- Uninterruptible Power Supply (UPS)
- Rail Traction
- Wind Turbines
- Electric Vehicles/Hybrid Electric Vehicles
- Solar PVs
- Others
- Rest of Middle East & Africa Power Inverter Market, by End Use
- Utility
- Residential
- Commercial and Industrial
- Rest of Middle East & Africa Power Inverter Market, by Type
-
Middle East & Africa Power Inverter Market, by Type
- North America
Vantage Market
Research | 26-Apr-2022
FAQ
Frequently Asked Question
What is the global demand for Power Inverter in terms of revenue?
-
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?
-
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?
-
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.
-
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?
-
Asia Pacific was the leading regional segment of the Power Inverter in 2022.
