The Business Research Company’s Inverter Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Inverter Global Market Report 2023 evaluates inverter market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global inverter market size is expected to grow from $14.63 billion in 2022 to $17.45 billion in 2023, at a compound annual growth rate (CAGR) of 19.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The inverter market size is expected to grow to $32.33 million in 2027 at a CAGR of 16.7%.
The inverter market segments in the report are:
1) By Inverter Type: Solar Inverter, Vehicle Inverter, Other Types
2) By Connection Type: On-Grid, Off-Grid
3) By Phase: Single Phase, Three Phase
4) By Sales Channel: Direct, Indirect
5) By End-User: Residential, Industrial, Commercial
Top Key Players
- Huawei Technologies Co. Ltd.
- Sungrow Power Supply Co. Ltd.
- SMA Solar Technology AG
- OMRON Corporation
- Schneider Electric SE
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The table of contents in TBRC’s inverter market report includes:
- Executive Summary
- Inverter Market Characteristics
- Inverter Market Trends And Strategies
- Inverter Market – Macro Economic Scenario
- Inverter Market Size And Growth
.
- Inverter Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Inverter Market
- Inverter Market Future Outlook and Potential Analysis
- Appendix
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