With a focus on actionable insights and strategic value, The Business Research Company’s 2026 market reports include market attractiveness scoring, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, deeper supply chain intelligence, emerging startup tracking, and granular product-level insights.
How Large Could The Grid- Tied Inverters Market Become By 2030 At A 6.7% CAGR?
The grid-tied inverters market has seen significant expansion in recent years. This market is anticipated to expand from $6.01 billion in 2025 to $6.41 billion in 2026, achieving a compound annual growth rate (CAGR) of 6.6%. Historically, this growth can be linked to factors such as the initial adoption of grid-connected solar facilities, an increase in distributed renewable energy production, a growing requirement for stable AC power output, governmental incentives supporting solar installations, and the expansion of inverter manufacturing capacities.
The grid-tied inverters market is anticipated to exhibit substantial growth over the next few years. This market is projected to expand to $8.31 billion in 2030, achieving a compound annual growth rate (CAGR) of 6.7%. The growth during the forecast period is primarily driven by factors such as the increasing demand for smart grid infrastructure, the rising installation of rooftop PV systems, ongoing advancements in inverter semiconductor technologies, the expansion of industrial and commercial solar projects, and a growing shift towards decarbonized energy systems. Key trends expected in this period include the increased deployment of transformerless high-frequency inverters, the growing integration of smart grid-compatible inverter solutions, a rising adoption of advanced MPPT technologies, the expansion of utility-scale solar grid-tie installations, and a developing preference for high-efficiency, low-loss inverter designs.
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Grid- Tied Inverters Market Outlook: Key Driver Supporting Long-Term Growth
The grid-tied inverter market is projected to grow significantly as more solar power systems are installed. A solar power system is a device that captures solar radiation and transforms it into usable electrical or thermal energy. Solar panels deliver direct current (DC) to a grid-tied inverter (GTI), which then converts it into alternating current (AC). For instance, according to GreenMatch, a UK-based solar energy company, in October 2025, the UK recorded 1,735,000 solar panel installations in 2025, mainly within the domestic sector, indicating a 6.8% increase compared to the previous year. Therefore, the rising number of solar power system installations is a primary factor driving the expansion of the grid-tied inverter market.
Segmentation Of The Grid- Tied Inverters Market: Key Categories Explained
The grid- tied inverters market covered in this report is segmented –
1) By Type: Low Frequency Inverter, High Frequency Inverter
2) By Application: DC Voltage Source, Grid Connection, Other Application
3) By End-Use: Residential, Commercial, Industrial, Other End-Uses
Subsegments:
1) By Low Frequency Inverter: Transformer-Based Inverters, Applications In Large-Scale Systems
2) By High Frequency Inverter: Transformerless Inverters, Applications In Residential And Commercial Systems
Grid- Tied Inverters Market Evolving Trends: What Businesses Should Know
Leading firms within the grid-tied inverter market are creating advanced solutions, including grid-tied residential energy storage, to solidify their market standing. The incorporation of novel grid-tied residential energy storage systems stimulates the grid-tied inverter market’s expansion by increasing demand, fostering technological progress, and enabling smooth integration of energy storage across various grid setups. For example, in September 2023, Canadian Solar Inc., a renewable energy company based in Canada, introduced the EP Cube Lite at RE+ in Las Vegas. This product is presented as an affordable residential energy storage option. This device is a more compact iteration of the existing EP Cube, designed to offer greater financial advantages to U.S. households that implement combined solar and battery storage systems. This compact, grid-tied system enables consumers to optimize their energy consumption, thereby lowering evening electricity expenses. Offering scalable capacities ranging from 6.6 kWh to 19.9 kWh, it is compatible with current PV systems, facilitating personalized configurations. Equipped with an integrated hybrid inverter and modular, stackable storage units, its lightweight components allow for rapid installation, with the goal of increasing energy storage accessibility and advancing sustainable practices.
Who Competes In The Grid- Tied Inverters Market? Major Companies Listed
Major companies operating in the grid- tied inverters market are Mitsubishi Electric Corporation, Huawei Technologies Co Ltd., Hitachi Ltd., Schneider Electric SE, ABB Ltd., Toshiba Corporation, Emerson Electric Co, Delta Electronics, Chint Power Systems Co Ltd., Omron Corporation, Sungrow Power Supply Co Ltd., KACO New Energy GmbH, SolarEdge Technologies Inc., Enphase Energy Inc., Advanced Energy Industries Inc., Ginlong Technologies Co Ltd., TMEIC International Corporation, SMA Solar Technology AG, Power Electronics España SL, Darfon Electronics Corporation, Luminous Power Technology Pvt Ltd., Fronius International GmbH, FIMER SpA, Altenergy Power System Inc., Growatt New Energy Technology Co Ltd., Sputnik Engineering AG
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Grid- Tied Inverters Market Regional Ranking: Which Geography Comes First?
North America was the largest region in the grid tied inverters market in 2025. The regions covered in the grid- tied inverters market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
