Photovoltaic (PV) Inverter Market Demand,Size, Growth Opportunities, Revenue Share Analysis, and Forecast To 2026

Large scale investments in sustainable grid integration and favorable government initiatives are the significant drivers of the market.

Market Size – USD 9.97 billion in 2026, Market Growth – CAGR of 3.7% between 2019 and 2026, Market Trends – Rising demand for packaged foods and beverages

The Photovoltaic (PV) Inverter Market is expected to grow to USD 9.97 Billion in 2026, at a CAGR of 3.7%. The global market share of PV inverters will be driven by favorable government initiatives to promote renewable energy and large – scale investments in sustainable grid integration.

Monetary financing and various government schemes, including net metering, feed tariffs to support the creation of innovative projects and the development of advanced technologies, will further increase growth in the industry.

The decreasing cost of solar components and increased operational efficiency have increased solar systems, which in turn will drive the growth of the global photovoltaic inverter market.

The improvement of primitive technologies in conjunction with volume production practices has led to a significant reduction in the overall price of components. In addition, the industry’s landscape will be further enhanced by strict government standards to curb GHG emissions favored by rising electricity demand.

Get a sample of the report @

Major Companies Operating in the industry and profiled in the report are:

  • Schneider Electric (France), Panasonic Corp. (Japan),
  • Furukawa Battery Co., Ltd. (China),
  • REFU Elektronik GmbH (Germany),
  • SatCon Technology Corp. (US),
  • Delta Group (Taiwan),
  • Chint Group Co. Ltd. (China),
  • Fronious International GmbH (Austia),
  • Emerson Electric (US),
  • ABB (Switzerland),
  • General Electric (US).

To know more about the report, visit @

Market segmentation based on Power Class:

  • Single Phase
  • Three Phase (≤99 kW)

Market segmentation based on Product:

  • Micro
  • String
  • Central
    • Transformer based
    • Transformer less

The regional analysis covers:

  • North America (U.S., Canada, Mexico)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Request customization of the report @

About Us:
We are a boutique market intelligence and strategic consulting firm dedicated to make an meaningful impact on businesses across the globe. Our stellar estimation and forecasting models have earned recognition across majority of the business forum across the globe. Our services are arrayed over diverse sectors and industries looking to expand in alternative regions and products.

Contact Us:

John W

Head of Business Development

Reports And Data | Web:

Direct Line: +1-212-710-1370