The global solar inverter market is poised for a downturn, according to a new report. Wood Mackenzie is forecasting that the market will contract for two consecutive years, declining 2% to 577 GWac in 2025 and a further 9% to 523 GWac in 2026. Image: Lauri Veerde, Wikimedia Commons, CC BY-SA 4. The inverter market is experiencing “growing pains” as falling prices, shifting demand and technological product changes cause problems for the sector's major Western manufacturers. . Solar power is booming; because every solar panel installation needs an inverter, demand is rising. 33 Billion in 2026 and steadily progressing to USD 36. I need the full data tables, segment breakdown, and competitive landscape for detailed regional analysis and revenue estimates.
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