Global Grid-forming Inverter Market Size Study & Forecast, by Power Rating (Below 50 KW, 50–100 KW, Above 100 KW), by Voltage (100–300 V, 300–500 V, Above 500 V), by Type (Micro Inverters, String Inverters, Central Inverters), and Regional Forecasts 2025–

The Global Grid-forming Inverter Market is valued at approximately USD 0.74 billion in 2024 and is expected to grow at a remarkable CAGR of over 8.90% during the forecast period of 2025 to 2035. Grid-forming inverters, also known as synthetic grid inverters, have emerged as the linchpin in modern power electronics, capable of independently creating stable voltage and frequency references within an electrical grid. These inverters are pivotal in integrating renewable energy sources like solar and wind into decentralized energy systems, thereby reducing reliance on centralized fossil-fueled power plants. As the global energy transition accelerates, grid-forming inverters are playing a mission-critical role in enabling autonomous microgrids, ensuring frequency stability, and enhancing system resilience in both grid-connected and off-grid settings.

The surge in distributed energy resources, particularly in renewable-heavy nations, has catalyzed the demand for advanced inverter technologies that can provide black-start capabilities and enable grid restoration in isolated networks. Grid-forming inverters outperform their grid-following counterparts by actively controlling voltage and frequency, thereby supporting islanded operations, which is essential in remote areas or regions affected by grid instability. For instance, their application in utility-scale solar installations, battery energy storage systems, and rural electrification projects has seen exponential growth. With governments setting ambitious net-zero targets and electrification intensifying across sectors, the market is further fueled by policy frameworks that mandate grid-forming capabilities in future renewable projects. Despite these opportunities, high installation costs, system complexity, and a lack of standardized protocols present significant barriers to adoption. However, ongoing R&D in digital power control systems and grid synchronization mechanisms is expected to mitigate these challenges in the near future.

Regionally, North America continues to lead the Grid-forming Inverter Market, driven by robust investments in microgrid infrastructure, a mature renewable energy landscape, and aggressive state-level decarbonization targets. The U.S., in particular, has witnessed extensive deployment of grid-forming solutions in wildfire-prone zones and hurricane-affected territories where resilient and decentralized power systems are essential. Europe follows closely, supported by progressive policies favoring smart grids, interconnectivity, and energy storage integration. Countries like Germany, Denmark, and the Netherlands are front-running pilot deployments aimed at full inverter-based grids. On the other hand, the Asia Pacific region is forecasted to register the fastest growth, with China, India, and Australia actively pursuing grid modernization and rural electrification through inverter-driven renewable projects. As energy demand soars in emerging economies and the need for energy security intensifies, the market is poised for significant expansion across the APAC belt.

Major market players included in this report are:
• ABB Ltd.
• Siemens AG
• Schneider Electric SE
• SMA Solar Technology AG
• General Electric Company
• Sungrow Power Supply Co., Ltd.
• Huawei Technologies Co., Ltd.
• Mitsubishi Electric Corporation
• Eaton Corporation plc
• Delta Electronics, Inc.
• Fronius International GmbH
• Emerson Electric Co.
• Hitachi Energy Ltd.
• Ingeteam Power Technology S.A.
• TMEIC Corporation

Global Grid-forming Inverter Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025–2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segments of the market are explained below:

By Power Rating:
• Below 50 KW
• 50–100 KW
• Above 100 KW

By Voltage:
• 100–300 V
• 300–500 V
• Above 500 V

By Type:
• Micro Inverters
• String Inverters
• Central Inverters

By Region:

North America
• U.S.
• Canada

Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific

Latin America
• Brazil
• Mexico

Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.

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