Forecast

Solar inverter forecast 2025

The solar inverter market, with a 5. 77% CAGR, is expected to grow to USD 23. 831 billion in 2031 from USD 17. From pv magazine Global After a challenging 2024, marked by high inventory levels and declining residential demand, the inverter market is set to recover in 2025. 5 gigawatts direct current (GW dc) of capacity in Q2 2025, a 24% decline from Q2 2024 and a 28% decrease since Q1 2025. Solar accounted for 56% of all new electricity-generating capacity added to the US grid in the first half of 2025, with a total of 18 GW. . The Solar Inverter Market is segmented by central, micro, and string inverters from 2025 to 2035. The solar inverter market is a dynamic and rapidly evolving segment at the core of the global energy transition, serving as the critical interface between photovoltaic. .