Grid- Tied Inverters Market Report 2026

Grid- Tied Inverters Market Overview

• Grid- Tied Inverters market size has reached to $6.01 billion in 2025 • Expected to grow to $8.31 billion in 2030 at a compound annual growth rate (CAGR) of 6.7% • Growth Driver: The increase In Number Of Solar Power System Installations Accelerates The Growth Of The Market • Market Trend: Innovations Propel Growth In Industrial Evaporators Market • North America was the largest region in 2025.

What Is Covered Under Grid- Tied Inverters Market?

A grid-tied inverter refers to a device for power electronics that transforms direct current (DC) into alternating current (AC) to enable the transfer of electricity from an external power source, such as a solar plant, into a power grid. Grid-tied inverters function without batteries and are widely employed for solar panels, wind turbines, and hydroelectric plants. The main types of grid- tied inverters are low frequency inverter and high frequency inverter. A low-frequency inverter is a device that converts direct current (DC) electricity into alternating current (AC) electricity at a relatively low frequency, typically under 5 kHz. The various applications are DC voltage source, and grid connection, and others used in residential, commercial, industrial, and others.

What Is The Grid- Tied Inverters Market Growth Forecast?

The grid- tied inverters market size is expected to see strong growth in the next few years. It will grow to $8.31 billion in 2030 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to increasing demand for smart grid infrastructure, rising installation of rooftop pv systems, advancements in inverter semiconductor technologies, growth in industrial and commercial solar projects, increasing shift toward decarbonized energy systems. Major trends in the forecast period include increasing deployment of transformerless high frequency inverters, growing integration of smart grid compatible inverter solutions, rising adoption of advanced mppt technologies, expansion of utility scale solar grid tie installations, growing shift toward high efficiency low loss inverter designs.

Global Grid- Tied Inverters Market Segmentation

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

What Is The Driver Of The Grid- Tied Inverters Market?

An increase in the number of solar power system installations is expected to propel the growth of the grid-tied inverter market going forward. A solar power system refers to a device that captures solar radiation and transforms it into usable electrical energy or thermal energy. Solar panels are connected to a grid-tied inverter (GTI), which transforms the direct current (DC) they produce into alternating current (AC). For instance, in October 2025, according to the GreenMatch, a UK-based solar energy company, in 2025, the UK recorded 1,735,000 solar panel installations, predominantly in the domestic sector, representing a 6.8% rise compared to the previous year. Therefore, the increase in the number of solar power system installations is driving the growth of the grid-tied inverter market.

Key Players In The Global Grid- Tied Inverters Market

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

Global Grid- Tied Inverters Market Trends and Insights

Major companies operating in the grid-tied inverter market are developing innovative solutions in grid-tied inverter such as grid-tied residential energy storage solutions to strengthen their position in the market. Integration of new grid-tied residential energy storage boosts grid-tied inverter market growth by, driving demand, technological advancements, and seamless integration of energy storage systems with diverse grid environments. For instance, in September 2023, Canadian Solar Inc., a Canada-based Renewable energy company, has unveiled the EP Cube Lite, a cost-effective residential energy storage solution introduced at RE+ in Las Vegas. It's a scaled-down version of the EP Cube, enhancing financial benefits for U.S. households adopting integrated solar and battery storage. The compact, grid-tied system allows users to optimize energy usage, reducing evening costs. With scalable capacities from 6.6 kWh to 19.9 kWh, it's compatible with existing PV systems, promoting customization. Featuring an integrated hybrid inverter and stackable storage modules, the lightweight components facilitate quick installation, aiming to make energy storage more accessible and promote sustainable practices.

What Are Latest Mergers And Acquisitions In The Grid- Tied Inverters Market?

In October 2023, Hitachi Energy, a Switzerland-based power technologies company, acquired Eks Energy, for an $1.2 billion. This acquisition is expected to strengthen Hitachi Energy's position in the smart grid and smart city market, as well as expand its capabilities in the industrial IoT segment. And it will enable Hitachi Energy to offer a more comprehensive suite of products and services, including advanced grid support, energy storage, and distributed energy resources management. Eks Energy, is a UK-based provider of advanced power electronics and energy management services.

Regional Outlook

North America was the largest region in the grid tied inverters market in 2025. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Grid- Tied Inverters Market?

The grid-tied inverters market consists of sales of string inverters, microinverters, battery-based inverters, multi-mode (hybrid) inverters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Grid- Tied Inverters Market Report 2026?

The grid- tied inverters market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the grid- tied inverters industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.