Global Industrial MV and HV Inverter Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Industrial MV and HV Inverter market size was valued at US$ 8066 million in 2024 and is forecast to a readjusted size of USD 9781 million by 2031 with a CAGR of 2.7% during review period.
Industrial MV and HV Inverter is an electronic device or circuitry that changes direct current (DC) to alternating current (AC). The input voltage, output voltage and frequency, and overall power handling depend on the design of the specific device or circuitry. The inverter does not produce any power; the power is provided by the DC source. High and medium voltage inverters usually refer to high-power inverters with voltage levels above 690V.
The Industrial Medium Voltage (MV) and High Voltage (HV) Inverter Market has been growing steadily due to increasing industrial automation, the rise of renewable energy sources, and the demand for energy-efficient solutions. The growth of solar and wind energy systems has significantly boosted the demand for MV and HV inverters. As renewable energy sources are increasingly integrated into the grid, the need for efficient power conversion systems becomes critical. As industrial and commercial sectors seek reliable energy storage solutions, MV and HV inverters are integral in managing the flow of power between storage systems (e.g., batteries) and the grid. In manufacturing and other industrial sectors, the need for energy-efficient electric motor drives has driven demand for MV inverters. These inverters are used in variable-speed drives (VSDs) for applications such as pumps, fans, compressors, and conveyors. As industries focus on electric vehicle (EV) manufacturing, the demand for efficient inverters capable of handling high voltages increases. These inverters are used in electric vehicle charging stations and EV powertrains. Advances in power electronics, control systems, and semiconductor technologies (like Silicon Carbide - SiC and Gallium Nitride - GaN) have enabled the development of more efficient and compact MV and HV inverters. These technologies improve the overall performance and efficiency of inverters, reducing losses and increasing reliability. Governments worldwide are implementing stricter energy efficiency standards and environmental regulations, pushing industries to adopt energy-efficient technologies, including MV and HV inverters. The Industrial MV and HV Inverter market is evolving rapidly, driven by the ongoing energy transition, industrial automation, and increasing investments in renewable energy. Although there are challenges such as high initial costs and complex system integration, the benefits of efficiency, scalability, and grid reliability make MV and HV inverters essential components for modern industrial and energy applications.
This report is a detailed and comprehensive analysis for global Industrial MV and HV Inverter market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Industrial MV and HV Inverter market size and forecasts, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K US$/Unit), 2020-2031
Global Industrial MV and HV Inverter market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K US$/Unit), 2020-2031
Global Industrial MV and HV Inverter market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K US$/Unit), 2020-2031
Global Industrial MV and HV Inverter market shares of main players, shipments in revenue ($ Million), sales quantity (Unit), and ASP (K US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Industrial MV and HV Inverter
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Industrial MV and HV Inverter market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Siemens, Rockwell Automation, Danfoss, Yaskawa Electric, Schneider Electric, Fuji Electric, Delta Electronics, GE Power Conversion, Inovance Technology, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Industrial MV and HV Inverter market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Below 3kv Inverter
3-6kv Inverter
6-10kv Inverter
above 10kv Inverter
Market segment by Application
Power
Mining
Metallurgical Industry
Oil & Gas and Chemicals
Construction
Municipal
Major players covered
ABB
Siemens
Rockwell Automation
Danfoss
Yaskawa Electric
Schneider Electric
Fuji Electric
Delta Electronics
GE Power Conversion
Inovance Technology
INVT
Hiconics
TMEIC
Xinfengguang
Slanvert
TECO
VEICHI
Nancal Technology
Wolong Holding
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Industrial MV and HV Inverter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Industrial MV and HV Inverter, with price, sales quantity, revenue, and global market share of Industrial MV and HV Inverter from 2020 to 2025.
Chapter 3, the Industrial MV and HV Inverter competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Industrial MV and HV Inverter breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Industrial MV and HV Inverter market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Industrial MV and HV Inverter.
Chapter 14 and 15, to describe Industrial MV and HV Inverter sales channel, distributors, customers, research findings and conclusion.
Industrial MV and HV Inverter is an electronic device or circuitry that changes direct current (DC) to alternating current (AC). The input voltage, output voltage and frequency, and overall power handling depend on the design of the specific device or circuitry. The inverter does not produce any power; the power is provided by the DC source. High and medium voltage inverters usually refer to high-power inverters with voltage levels above 690V.
The Industrial Medium Voltage (MV) and High Voltage (HV) Inverter Market has been growing steadily due to increasing industrial automation, the rise of renewable energy sources, and the demand for energy-efficient solutions. The growth of solar and wind energy systems has significantly boosted the demand for MV and HV inverters. As renewable energy sources are increasingly integrated into the grid, the need for efficient power conversion systems becomes critical. As industrial and commercial sectors seek reliable energy storage solutions, MV and HV inverters are integral in managing the flow of power between storage systems (e.g., batteries) and the grid. In manufacturing and other industrial sectors, the need for energy-efficient electric motor drives has driven demand for MV inverters. These inverters are used in variable-speed drives (VSDs) for applications such as pumps, fans, compressors, and conveyors. As industries focus on electric vehicle (EV) manufacturing, the demand for efficient inverters capable of handling high voltages increases. These inverters are used in electric vehicle charging stations and EV powertrains. Advances in power electronics, control systems, and semiconductor technologies (like Silicon Carbide - SiC and Gallium Nitride - GaN) have enabled the development of more efficient and compact MV and HV inverters. These technologies improve the overall performance and efficiency of inverters, reducing losses and increasing reliability. Governments worldwide are implementing stricter energy efficiency standards and environmental regulations, pushing industries to adopt energy-efficient technologies, including MV and HV inverters. The Industrial MV and HV Inverter market is evolving rapidly, driven by the ongoing energy transition, industrial automation, and increasing investments in renewable energy. Although there are challenges such as high initial costs and complex system integration, the benefits of efficiency, scalability, and grid reliability make MV and HV inverters essential components for modern industrial and energy applications.
This report is a detailed and comprehensive analysis for global Industrial MV and HV Inverter market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Industrial MV and HV Inverter market size and forecasts, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K US$/Unit), 2020-2031
Global Industrial MV and HV Inverter market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K US$/Unit), 2020-2031
Global Industrial MV and HV Inverter market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K US$/Unit), 2020-2031
Global Industrial MV and HV Inverter market shares of main players, shipments in revenue ($ Million), sales quantity (Unit), and ASP (K US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Industrial MV and HV Inverter
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Industrial MV and HV Inverter market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Siemens, Rockwell Automation, Danfoss, Yaskawa Electric, Schneider Electric, Fuji Electric, Delta Electronics, GE Power Conversion, Inovance Technology, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Industrial MV and HV Inverter market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Below 3kv Inverter
3-6kv Inverter
6-10kv Inverter
above 10kv Inverter
Market segment by Application
Power
Mining
Metallurgical Industry
Oil & Gas and Chemicals
Construction
Municipal
Major players covered
ABB
Siemens
Rockwell Automation
Danfoss
Yaskawa Electric
Schneider Electric
Fuji Electric
Delta Electronics
GE Power Conversion
Inovance Technology
INVT
Hiconics
TMEIC
Xinfengguang
Slanvert
TECO
VEICHI
Nancal Technology
Wolong Holding
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Industrial MV and HV Inverter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Industrial MV and HV Inverter, with price, sales quantity, revenue, and global market share of Industrial MV and HV Inverter from 2020 to 2025.
Chapter 3, the Industrial MV and HV Inverter competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Industrial MV and HV Inverter breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Industrial MV and HV Inverter market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Industrial MV and HV Inverter.
Chapter 14 and 15, to describe Industrial MV and HV Inverter sales channel, distributors, customers, research findings and conclusion.
Table of Contents
129 Pages
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