Global Grid-forming Inverter Market size is expected to be worth around USD 1.6 Billion by 2033 from USD 0.7 Billion in 2023, growing at a CAGR of 9.2% during the forecast period from 2023 to 2033.

Grid-forming Inverter Market Trends, Growth | Report 2033

Grid-forming Inverter Market

Grid-forming Inverter Market (By Type (Micro Inverter, String Inverter, Central Inverter, Other Types), By Voltage (100-300 V, 300-500 V, above 500 V, Other Voltage), By Power Rating (Below 50 KW, 50-100 KW, above 100 KW, Other Power Rating), By Application (Solar PV Plants, Wind Power Plants, Energy Storage System, Electric Vehicles, Other Applications), By Region and Companies)