Solar Inverter And Battery Market Projected to hit US$ 22.9 billion by 2030: Deployment Growth in GCC and MENA

Solar Inverter And Battery Market reached US$ 10.1 billion in 2022 and is expected to reach US$ 22.9 billion by 2030, growing with a CAGR of 10.8% during the forecast period 2024-2031.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://datamintelligence.com/download-sample/solar-inverter-and-battery-market?kb

United States: Recent Industry Developments

✅ November 2025: Tesla expanded production of its Powerwall and Megapack systems to meet rising residential and utility-scale storage demand.

✅ October 2025: Enphase Energy launched next-generation microinverters with improved grid support and higher energy yield.

✅ September 2025: SunPower integrated advanced lithium-iron-phosphate (LFP) battery systems into its residential solar offerings, boosting reliability and safety.

Japan: Recent Industry Developments

✅ November 2025: Panasonic introduced high-efficiency solar inverter-battery hybrid systems for smart home energy management.

✅ October 2025: Toshiba expanded pilot deployments of community-scale battery storage to stabilize renewable-heavy grids.

✅ September 2025: Sharp Corporation rolled out compact residential energy storage units compatible with smart solar rooftops.

GCC: Recent Industry Developments

✅ November 2025: Saudi Arabia deployed utility-scale inverter and battery technologies supporting 100% renewable microgrid projects.

✅ October 2025: UAE launched large battery storage installations to enhance grid flexibility for solar farms across Abu Dhabi and Dubai.

✅ September 2025: Oman expanded solar-plus-storage capacity with new inverters optimized for high-temperature desert conditions.

List of Top Key Player:

Huawei Technologies Co., Ltd., SMA Solar Technology AG, Sungrow Power Supply Co., Ltd., ABB Ltd, Schneider Electric SE, Enphase Energy, Inc., Fronius International GmbH, LG Electronics Inc., Tesla, Inc. and SolarEdge Technologies Inc.

Industry Developments:

Solar inverter market developments

1. Global solar inverter shipments are expected to rise about 7% in 2025 to roughly 570 GWAC, with revenues growing around 8% on the back of strong demand from Europe's residential segment and weak‐grid markets in Africa, the Middle East, and Southeast Asia.​

2. The inverter market is projected to grow from about USD 13 billion in 2025 to roughly USD 26 billion by 2030-2034 (CAGR around 13%), driven by continued PV build‐out and higher functionality (grid‐forming, hybrid, EV‐ready).​

3. India and other emerging markets are accelerating the shift from central to high‐power string inverters to improve reliability, O&M flexibility, and match modular PV plant designs.

Forecast Projection:

The Global Solar Inverter and Battery Market is poised for significant growth between 2025 and 2032. In 2024, the market maintained a steady upward trajectory, and with strategic initiatives by leading players accelerating adoption, the market is expected to soar throughout the forecast period. Companies leveraging these trends are well-positioned to capture emerging opportunities and maximize revenue potential.

Market Intelligence Research Process:

The Solar Inverter and Battery Market research report by DataM Intelligence combines primary and secondary data to deliver deep, actionable insights. It examines the full spectrum of factors shaping the industry, from government regulations and market conditions to competitive dynamics, historical trends, technological breakthroughs, upcoming innovations, and potential challenges. This comprehensive analysis not only highlights growth prospects but also identifies barriers, equipping businesses to navigate market volatility and capitalize on emerging opportunities.

Key inverter technology trends

1. Top global trends highlighted for 2025 include: high‐power string inverters displacing central units at utility scale, hybrid inverters that natively manage PV+battery, stronger grid‐support features (low‐voltage ride‐through, reactive power, grid‐forming), cybersecurity hardening, and integration with EV charging.​

2. Residential PV inverter demand is rising with record rooftop additions (for example, ~7 GW of US residential solar installed in 2023) and continued growth into 2025, pulling through smart inverters with export control, backup, and home‐energy‐management functions.

Buy Now & Get 30% OFF - Grab 50% OFF on 2+ reports: https://www.datamintelligence.com/buy-now-page?report=solar-inverter-and-battery-market?kb

Key Segmentation:

By Connection: (On-Grid, Off-Grid, Hybrid-Grid)

By Inverter: (Central Inverter, String Inverter, Micro Inverter)

By Battery: (Lead-Acid, Lithium-Ion, Others)

By End-User: (Residential, Commercial, Industrial)

Growth Regional Analysis:

⇥ North America: 28.5% market in 2025.

⇥ Europe: Approximately 28.9% market in 2025.

⇥ Asia-Pacific (incl. Japan & Korea): Roughly 48.3% market in 2025.

⇥ Japan: Around 20.2% market in 2025.

⇥ South Korea: 10.6% market in 2025.

Battery technology and system architecture

1. In China and increasingly globally, the 5 MWh container format with 300+ Ah cells is emerging as the new de‐facto standard, replacing 3 MWh units and reducing balance‐of‐plant, installation, and O&M costs per kWh.​

2. 2025 storage‐trend analyses highlight: larger utility‐scale BESS blocks, advanced Li‐ion chemistries (especially LFP), rising interest in lithium alternatives (sodium‐ion, flow batteries), solid‐state R&D, and growth of distributed BESS and "storage‐as‐a‐service" models.​

3. Battery energy storage systems increasingly integrate AI‐driven battery‐management systems (BMS) for predictive maintenance, cycle optimization, and participation in ancillary‐service markets.

Get Customization in the report as per your requirements: https://datamintelligence.com/customize/solar-inverter-and-battery-market?kb

Solar + storage and C&I adoption

1. Commercial solar installations in 2025 are on track for a record year, with projections of at least 7.1 GWdc new C&I capacity and a clear pivot to combined solar+storage for demand‐charge management, resilience, and EV‐charging loads.​

2. For businesses, solar‐plus‐battery systems are becoming central to meeting net‐zero targets and complying with stricter energy‐efficiency and carbon‐reduction regulations, particularly in the EU where storage‐backed systems can access subsidies and carbon credits.

Request 2 Days Free Trials with DataM Subscription Services: https://www.datamintelligence.com/reports-subscription?kb

Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.

Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.