Global Solar PV Inverter State of the Market 2025

Report Summary:

This report provides insight into the global and regional PV inverter markets, presenting a detailed breakdown of 2024 full-year shipment data, outlining demand trends and shipments by product-type. An outlook for 2025 and 2026 inverter market trends are provided for key global markets, including shipment forecasts influenced by global export data, channel inventory, and Wood Mackenzie's Q3 2025 global solar market outlook. In region-specific spotlights, the report discusses policy impacts to US inverter manufacturing and EU cybersecurity requirements. The data trends and forecasts detailed in this report provide value for both direct market participants and outside investors.