The global inverter market is projected to grow from USD 12.8 billion in 2020 to USD 26.5 billion by 2025; it is expected to grow at a CAGR of 15.6% from 2020 to 2025. The growth of the market is driven by a large inflow of investments in the renewable energy sector and rise in the number of residential solar rooftop installations. The report covers the inverter market segmented into type, output power rating, output voltage, sales channel, end user, and region.
(Get 15% Discount on Buying this Report)
A full report of Inverter Market is available at: https://www.orionmarketreports.com/inverter-market/42359/
Inverter Market Segments
By Power Class
• Single Phase
• Three Phase
By Nominal Output Power
• ≤ 300 W
• 300 W – 3000 W
• 3000 W – 33000 W
• 33000 W – 110000 W
• >110000 W
By Nominal Output Voltage
• ≤ 230 V
• 230 – 400 V
• 400 – 600 V
• >600 V
By Product
• Micro
• String
• Central
By Connectivity
• Stand-alone
• On-grid
By Application
• Residential
• Commercial
• Industrial
• Utility
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
