Enhanced with market attractiveness analysis, total addressable market evaluation, company benchmarking matrices, interactive Excel dashboards, expanded supply chain intelligence, emerging startup coverage, and detailed product insights, The Business Research Company’s 2026 market reports deliver more actionable and strategically valuable research.
Grid- Tied Inverters Market Size Outlook: How Fast Will Revenue Grow Through 2030?
The grid-tied inverters market has experienced robust growth in recent years, with expectations for it to expand from $6.01 billion in 2025 to $6.41 billion in 2026, demonstrating a compound annual growth rate (CAGR) of 6.6%. The historical surge in this market can be attributed to the early adoption of grid-connected solar plants, the rise in distributed renewable generation, an increasing need for stable AC power output, government incentives supporting solar installations, and the broadening of inverter manufacturing capabilities.
The grid-tied inverters market is anticipated to experience robust expansion over the next few years. It is projected to reach $8.31 billion by 2030, expanding at a compound annual growth rate (CAGR) of 6.7%. The expected growth during the forecast period stems from factors such as increasing demand for smart grid infrastructure, the rising installation of rooftop PV systems, advancements in inverter semiconductor technologies, the growth of industrial and commercial solar projects, and a broader shift toward decarbonized energy systems. Notable trends for this period include the increasing deployment of transformerless high-frequency inverters, a growing integration of smart grid compatible inverter solutions, the rising adoption of advanced MPPT technologies, the expansion of utility-scale solar grid-tie installations, and an increasing move toward high-efficiency, low-loss inverter designs.
Download A Free Sample Report For Comprehensive Market Insights:
#Grid- Tied Inverters Market Demand Drivers Creating New Revenue Opportunities
The future expansion of the grid-tied inverter market is anticipated to be driven by a rise in solar power system installations. A solar power system is defined as equipment designed to capture sunlight and convert it into either electrical or thermal energy for use. Solar panels connect to a grid-tied inverter (GTI) for the conversion of their generated direct current (DC) into alternating current (AC). For example, data from GreenMatch, a solar energy firm based in the UK, indicated that in October 2025, the UK had 1,735,000 solar panel installations during 2025. These installations were primarily in the domestic sector and marked a 6.8% increase from the year before. Consequently, the growing volume of solar power system installations is fueling the expansion of the grid-tied inverter market.
Grid- Tied Inverters Market Segmentation: How Is The Market Structured Across Key Categories?
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 Trends: What Is Shaping Future Industry Growth?
Leading firms within the grid-tied inverter market are creating advanced grid-tied inverter solutions, including grid-tied residential energy storage options, to enhance their competitive standing. The incorporation of novel grid-tied residential energy storage systems stimulates grid-tied inverter market expansion by increasing demand, fostering technological progress, and ensuring smooth integration of storage with various grid setups. As an example, in September 2023, Canadian Solar Inc., a Renewable energy company from Canada, launched the EP Cube Lite, an affordable residential energy storage solution first presented at RE+ in Las Vegas. This product is a more compact iteration of the EP Cube, designed to offer greater financial advantages for U.S. households that integrate solar power with battery storage. This small, grid-connected system enables users to optimize their energy consumption, thereby lowering costs during peak evening hours. Offering scalable capacities ranging from 6.6 kWh to 19.9 kWh, it is compatible with current PV systems, allowing for personalized configurations. Equipped with a built-in hybrid inverter and modular, stackable storage units, its light components ensure rapid setup, with the goal of increasing access to energy storage and encouraging eco-friendly behaviors.
Grid- Tied Inverters Market Competitive Landscape And Leading Companies
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
Access The Complete Grid- Tied Inverters Market Report:
Grid- Tied Inverters Market Regional Analysis: Which Region Leads By Revenue?
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.
Get in touch with us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas: +1 310-496-7795
Asia: +44 7882 955267 & +91 8897263534
Europe: +44 7882 955267
Email us at: marketing@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
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.