PUBLISHER: Grand View Research | PRODUCT CODE: 1772557
PUBLISHER: Grand View Research | PRODUCT CODE: 1772557
The U.S. solar hybrid inverter market was valued at USD 2.96 billion in 2024 and is projected to grow at a CAGR of 8.3% from 2025 to 2030. The increasing adoption of solar-plus-storage systems across residential, commercial, and industrial sectors drives growth. Rising electricity costs, frequent grid disruptions, and growing interest in energy independence accelerate consumer demand for hybrid inverters, which combine solar generation, energy storage, and grid support in a single intelligent platform.
Federal clean energy policies and financial incentives are critical in expanding the U.S. solar hybrid inverter industry. Programs such as the Investment Tax Credit (ITC) and funding under the Inflation Reduction Act (IRA) have enhanced the affordability of hybrid systems, driving installations across U.S. households and businesses. Technological innovation continues to transform the market landscape, with leading manufacturers in the hybrid inverter industry developing solutions featuring improved efficiency, digital monitoring, and seamless integration with smart home and battery systems. Advancements in power electronics, real-time energy optimization, and grid-interactive capabilities enable smarter and more resilient solar infrastructure. As utilities modernize the grid and decarbonization goals take priority, the U.S. market is set to become a key enabler of a decentralized, sustainable, and consumer-centric energy future.
U.S. Solar Hybrid Inverter Market Report Segmentation
This report forecasts revenue growth and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the U.S. solar hybrid inverter market report based on product and end use: