Lucintel Forecasts the Global Inverter System Market is expected to grow with a CAGR of 10.0% from 2025 to 2031
Lucintel Forecasts the Global Inverter System Market is expected to grow with a CAGR of 10.0% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global inverter system market
looks promising with opportunities in the residential, commercial, and industrial markets.
The global inverter system market is expected to grow with a CAGR of 10.0% from
2025 to 2031. The major drivers for this market are the growing adoption of solar & wind
power system, the increase in automated manufacturing & processing system, and the
rising concern over energy consumption.
A more than 150-page report to understand trends, opportunity and forecast in inverter
system market to 2031 by type (square wave inverter and modified sine wave inverter),
application (residential, commercial, and industrial), and region (North America, Europe,
Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, modified sine wave inverter is expected
to witness higher growth over the forecast period.
Within the application category, residential is expected to witness the highest growth.
In terms of region, APAC is expected to witness the highest growth over the forecast
period.
Download sample by clicking on inverter system market
ABB, Siemens, Yaskawa Electric, Danfoss, Mitsubishi Electric, Schneider Electric, Fuji
Electric, Rockwell Automation, Inovance Technology, Delta Electronics are the major
suppliers in the inverter system market.
This unique research report will enable you to make confident business decisions in this
globally competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than
1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust
market & unmet needs analysis. We are based in Dallas, TX and have been a trusted
advisor for 1,000+ clients for over 20 years. We are quoted in several publications like
the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
CPV Solar Market
DC Load Banks Market
Downhole Control Lines Market
E-House Market
Encrypted Email Service Market