2025 5kw inverter market overview

4 FAQs about [2025 5kw inverter market overview]

How will the global inverter market perform in 2025?

Following a challenging 2024, the global inverter market is expected to return to revenue growth, with total revenue estimated to reach just under $20 billion in 2025.

How big is the inverter market?

The inverter market size has grown rapidly in recent years. It will grow from $20.11 billion in 2024 to $23.18 billion in 2025 at a compound annual growth rate (CAGR) of 15.2%.

Will inverter revenue rise in 2025?

However, European inverter revenue in 2025 will remain below 2023 levels as high levels of competition forces price reductions in the market. Elsewhere, revenue in the United States is forecast to rise by 16% in 2025 as the residential market recovers from a slowdown in demand and inventory oversupply.

Why is the inverter market growing?

The growth in the historic period can be attributed to increasing adoption of renewable energy sources, government incentives, rising energy consumption, consumer electronics boom, automotive electrification. The inverter market size is expected to see rapid growth in the next few years.

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