Global Grid-forming Inverter Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Grid-forming Inverter Consumption Value by Type: 2021 Versus 2025 Versus 2032
- 1.3.2 100-300V
- 1.3.3 300-500V
- 1.3.4 Above 500V
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Grid-forming Inverter Consumption Value by Application: 2021 Versus 2025 Versus 2032
- 1.4.2 Solar Photovoltaic Power Station
- 1.4.3 Wind Power Plant
- 1.4.4 Energy Storage System
- 1.4.5 Other
- 1.5 Global Grid-forming Inverter Market Size & Forecast
- 1.5.1 Global Grid-forming Inverter Consumption Value (2021 & 2025 & 2032)
- 1.5.2 Global Grid-forming Inverter Sales Quantity (2021-2032)
- 1.5.3 Global Grid-forming Inverter Average Price (2021-2032)
2 Manufacturers Profiles
- 2.1 Huawei Technologies Co. Ltd
- 2.1.1 Huawei Technologies Co. Ltd Details
- 2.1.2 Huawei Technologies Co. Ltd Major Business
- 2.1.3 Huawei Technologies Co. Ltd Grid-forming Inverter Product and Services
- 2.1.4 Huawei Technologies Co. Ltd Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.1.5 Huawei Technologies Co. Ltd Recent Developments/Updates
- 2.2 General Electric
- 2.2.1 General Electric Details
- 2.2.2 General Electric Major Business
- 2.2.3 General Electric Grid-forming Inverter Product and Services
- 2.2.4 General Electric Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.2.5 General Electric Recent Developments/Updates
- 2.3 Power Electronics
- 2.3.1 Power Electronics Details
- 2.3.2 Power Electronics Major Business
- 2.3.3 Power Electronics Grid-forming Inverter Product and Services
- 2.3.4 Power Electronics Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.3.5 Power Electronics Recent Developments/Updates
- 2.4 SMA Solar Technology
- 2.4.1 SMA Solar Technology Details
- 2.4.2 SMA Solar Technology Major Business
- 2.4.3 SMA Solar Technology Grid-forming Inverter Product and Services
- 2.4.4 SMA Solar Technology Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.4.5 SMA Solar Technology Recent Developments/Updates
- 2.5 Games Electric
- 2.5.1 Games Electric Details
- 2.5.2 Games Electric Major Business
- 2.5.3 Games Electric Grid-forming Inverter Product and Services
- 2.5.4 Games Electric Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.5.5 Games Electric Recent Developments/Updates
- 2.6 FIMER
- 2.6.1 FIMER Details
- 2.6.2 FIMER Major Business
- 2.6.3 FIMER Grid-forming Inverter Product and Services
- 2.6.4 FIMER Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.6.5 FIMER Recent Developments/Updates
- 2.7 Growatt NewEnergy
- 2.7.1 Growatt NewEnergy Details
- 2.7.2 Growatt NewEnergy Major Business
- 2.7.3 Growatt NewEnergy Grid-forming Inverter Product and Services
- 2.7.4 Growatt NewEnergy Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.7.5 Growatt NewEnergy Recent Developments/Updates
- 2.8 TBEA XingjiangSunoasis
- 2.8.1 TBEA XingjiangSunoasis Details
- 2.8.2 TBEA XingjiangSunoasis Major Business
- 2.8.3 TBEA XingjiangSunoasis Grid-forming Inverter Product and Services
- 2.8.4 TBEA XingjiangSunoasis Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.8.5 TBEA XingjiangSunoasis Recent Developments/Updates
- 2.9 Froniuslnternational
- 2.9.1 Froniuslnternational Details
- 2.9.2 Froniuslnternational Major Business
- 2.9.3 Froniuslnternational Grid-forming Inverter Product and Services
- 2.9.4 Froniuslnternational Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.9.5 Froniuslnternational Recent Developments/Updates
- 2.10 Goodwe
- 2.10.1 Goodwe Details
- 2.10.2 Goodwe Major Business
- 2.10.3 Goodwe Grid-forming Inverter Product and Services
- 2.10.4 Goodwe Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.10.5 Goodwe Recent Developments/Updates
- 2.11 Schneider Electric
- 2.11.1 Schneider Electric Details
- 2.11.2 Schneider Electric Major Business
- 2.11.3 Schneider Electric Grid-forming Inverter Product and Services
- 2.11.4 Schneider Electric Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.11.5 Schneider Electric Recent Developments/Updates
- 2.12 SolarEdge Technologres
- 2.12.1 SolarEdge Technologres Details
- 2.12.2 SolarEdge Technologres Major Business
- 2.12.3 SolarEdge Technologres Grid-forming Inverter Product and Services
- 2.12.4 SolarEdge Technologres Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.12.5 SolarEdge Technologres Recent Developments/Updates
- 2.13 Sungrow Power Supply
- 2.13.1 Sungrow Power Supply Details
- 2.13.2 Sungrow Power Supply Major Business
- 2.13.3 Sungrow Power Supply Grid-forming Inverter Product and Services
- 2.13.4 Sungrow Power Supply Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.13.5 Sungrow Power Supply Recent Developments/Updates
- 2.14 Delta Electronics
- 2.14.1 Delta Electronics Details
- 2.14.2 Delta Electronics Major Business
- 2.14.3 Delta Electronics Grid-forming Inverter Product and Services
- 2.14.4 Delta Electronics Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.14.5 Delta Electronics Recent Developments/Updates
- 2.15 Enphase Energy
- 2.15.1 Enphase Energy Details
- 2.15.2 Enphase Energy Major Business
- 2.15.3 Enphase Energy Grid-forming Inverter Product and Services
- 2.15.4 Enphase Energy Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.15.5 Enphase Energy Recent Developments/Updates
- 2.16 AltenergyPower System
- 2.16.1 AltenergyPower System Details
- 2.16.2 AltenergyPower System Major Business
- 2.16.3 AltenergyPower System Grid-forming Inverter Product and Services
- 2.16.4 AltenergyPower System Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.16.5 AltenergyPower System Recent Developments/Updates
- 2.17 SensataTechnologies
- 2.17.1 SensataTechnologies Details
- 2.17.2 SensataTechnologies Major Business
- 2.17.3 SensataTechnologies Grid-forming Inverter Product and Services
- 2.17.4 SensataTechnologies Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.17.5 SensataTechnologies Recent Developments/Updates
- 2.18 DelphiTechnologies
- 2.18.1 DelphiTechnologies Details
- 2.18.2 DelphiTechnologies Major Business
- 2.18.3 DelphiTechnologies Grid-forming Inverter Product and Services
- 2.18.4 DelphiTechnologies Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.18.5 DelphiTechnologies Recent Developments/Updates
- 2.19 TMEIC
- 2.19.1 TMEIC Details
- 2.19.2 TMEIC Major Business
- 2.19.3 TMEIC Grid-forming Inverter Product and Services
- 2.19.4 TMEIC Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.19.5 TMEIC Recent Developments/Updates
- 2.20 KACO New Energy
- 2.20.1 KACO New Energy Details
- 2.20.2 KACO New Energy Major Business
- 2.20.3 KACO New Energy Grid-forming Inverter Product and Services
- 2.20.4 KACO New Energy Grid-forming Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.20.5 KACO New Energy Recent Developments/Updates
3 Competitive Environment: Grid-forming Inverter by Manufacturer
- 3.1 Global Grid-forming Inverter Sales Quantity by Manufacturer (2021-2026)
- 3.2 Global Grid-forming Inverter Revenue by Manufacturer (2021-2026)
- 3.3 Global Grid-forming Inverter Average Price by Manufacturer (2021-2026)
- 3.4 Market Share Analysis (2025)
- 3.4.1 Producer Shipments of Grid-forming Inverter by Manufacturer Revenue ($MM) and Market Share (%): 2025
- 3.4.2 Top 3 Grid-forming Inverter Manufacturer Market Share in 2025
- 3.4.3 Top 6 Grid-forming Inverter Manufacturer Market Share in 2025
- 3.5 Grid-forming Inverter Market: Overall Company Footprint Analysis
- 3.5.1 Grid-forming Inverter Market: Region Footprint
- 3.5.2 Grid-forming Inverter Market: Company Product Type Footprint
- 3.5.3 Grid-forming Inverter Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Grid-forming Inverter Market Size by Region
- 4.1.1 Global Grid-forming Inverter Sales Quantity by Region (2021-2032)
- 4.1.2 Global Grid-forming Inverter Consumption Value by Region (2021-2032)
- 4.1.3 Global Grid-forming Inverter Average Price by Region (2021-2032)
- 4.2 North America Grid-forming Inverter Consumption Value (2021-2032)
- 4.3 Europe Grid-forming Inverter Consumption Value (2021-2032)
- 4.4 Asia-Pacific Grid-forming Inverter Consumption Value (2021-2032)
- 4.5 South America Grid-forming Inverter Consumption Value (2021-2032)
- 4.6 Middle East & Africa Grid-forming Inverter Consumption Value (2021-2032)
5 Market Segment by Type
- 5.1 Global Grid-forming Inverter Sales Quantity by Type (2021-2032)
- 5.2 Global Grid-forming Inverter Consumption Value by Type (2021-2032)
- 5.3 Global Grid-forming Inverter Average Price by Type (2021-2032)
6 Market Segment by Application
- 6.1 Global Grid-forming Inverter Sales Quantity by Application (2021-2032)
- 6.2 Global Grid-forming Inverter Consumption Value by Application (2021-2032)
- 6.3 Global Grid-forming Inverter Average Price by Application (2021-2032)
7 North America
- 7.1 North America Grid-forming Inverter Sales Quantity by Type (2021-2032)
- 7.2 North America Grid-forming Inverter Sales Quantity by Application (2021-2032)
- 7.3 North America Grid-forming Inverter Market Size by Country
- 7.3.1 North America Grid-forming Inverter Sales Quantity by Country (2021-2032)
- 7.3.2 North America Grid-forming Inverter Consumption Value by Country (2021-2032)
- 7.3.3 United States Market Size and Forecast (2021-2032)
- 7.3.4 Canada Market Size and Forecast (2021-2032)
- 7.3.5 Mexico Market Size and Forecast (2021-2032)
8 Europe
- 8.1 Europe Grid-forming Inverter Sales Quantity by Type (2021-2032)
- 8.2 Europe Grid-forming Inverter Sales Quantity by Application (2021-2032)
- 8.3 Europe Grid-forming Inverter Market Size by Country
- 8.3.1 Europe Grid-forming Inverter Sales Quantity by Country (2021-2032)
- 8.3.2 Europe Grid-forming Inverter Consumption Value by Country (2021-2032)
- 8.3.3 Germany Market Size and Forecast (2021-2032)
- 8.3.4 France Market Size and Forecast (2021-2032)
- 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
- 8.3.6 Russia Market Size and Forecast (2021-2032)
- 8.3.7 Italy Market Size and Forecast (2021-2032)
9 Asia-Pacific
- 9.1 Asia-Pacific Grid-forming Inverter Sales Quantity by Type (2021-2032)
- 9.2 Asia-Pacific Grid-forming Inverter Sales Quantity by Application (2021-2032)
- 9.3 Asia-Pacific Grid-forming Inverter Market Size by Region
- 9.3.1 Asia-Pacific Grid-forming Inverter Sales Quantity by Region (2021-2032)
- 9.3.2 Asia-Pacific Grid-forming Inverter Consumption Value by Region (2021-2032)
- 9.3.3 China Market Size and Forecast (2021-2032)
- 9.3.4 Japan Market Size and Forecast (2021-2032)
- 9.3.5 South Korea Market Size and Forecast (2021-2032)
- 9.3.6 India Market Size and Forecast (2021-2032)
- 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
- 9.3.8 Australia Market Size and Forecast (2021-2032)
10 South America
- 10.1 South America Grid-forming Inverter Sales Quantity by Type (2021-2032)
- 10.2 South America Grid-forming Inverter Sales Quantity by Application (2021-2032)
- 10.3 South America Grid-forming Inverter Market Size by Country
- 10.3.1 South America Grid-forming Inverter Sales Quantity by Country (2021-2032)
- 10.3.2 South America Grid-forming Inverter Consumption Value by Country (2021-2032)
- 10.3.3 Brazil Market Size and Forecast (2021-2032)
- 10.3.4 Argentina Market Size and Forecast (2021-2032)
11 Middle East & Africa
- 11.1 Middle East & Africa Grid-forming Inverter Sales Quantity by Type (2021-2032)
- 11.2 Middle East & Africa Grid-forming Inverter Sales Quantity by Application (2021-2032)
- 11.3 Middle East & Africa Grid-forming Inverter Market Size by Country
- 11.3.1 Middle East & Africa Grid-forming Inverter Sales Quantity by Country (2021-2032)
- 11.3.2 Middle East & Africa Grid-forming Inverter Consumption Value by Country (2021-2032)
- 11.3.3 Turkey Market Size and Forecast (2021-2032)
- 11.3.4 Egypt Market Size and Forecast (2021-2032)
- 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
- 11.3.6 South Africa Market Size and Forecast (2021-2032)
12 Market Dynamics
- 12.1 Grid-forming Inverter Market Drivers
- 12.2 Grid-forming Inverter Market Restraints
- 12.3 Grid-forming Inverter Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Grid-forming Inverter and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Grid-forming Inverter
- 13.3 Grid-forming Inverter Production Process
- 13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Grid-forming Inverter Typical Distributors
- 14.3 Grid-forming Inverter Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
According to our (Global Info Research) latest study, the global Grid-forming Inverter market size was valued at US$ 52.97 million in 2025 and is forecast to a readjusted size of US$ 72.73 million by 2032 with a CAGR of 4.7% during review period.
The grid-forming inverter market is experiencing significant growth and evolving rapidly due to the increasing demand for renewable energy integration, grid stability, and the transition towards a more decentralized and resilient power system. Here are some key trends in the grid-forming inverter market:Growing renewable energy penetration: The increasing adoption of renewable energy sources, such as solar and wind power, requires advanced grid-forming inverters to efficiently integrate these intermittent energy sources into the grid. Grid-forming inverters play a crucial role in maintaining grid stability and enabling a higher penetration of renewables.
This report is a detailed and comprehensive analysis for global Grid-forming 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 Grid-forming Inverter market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Grid-forming Inverter market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Grid-forming Inverter market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Grid-forming Inverter market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2021-2026
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 Grid-forming 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 Grid-forming 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 Huawei Technologies Co. Ltd, General Electric, Power Electronics, SMA Solar Technology, Games Electric, FIMER, Growatt NewEnergy, TBEA XingjiangSunoasis, Froniuslnternational, Goodwe, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Grid-forming Inverter market is split by Type and by Application. For the period 2021-2032, 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
100-300V
300-500V
Above 500V
Market segment by Application
Solar Photovoltaic Power Station
Wind Power Plant
Energy Storage System
Other
Major players covered
Huawei Technologies Co. Ltd
General Electric
Power Electronics
SMA Solar Technology
Games Electric
FIMER
Growatt NewEnergy
TBEA XingjiangSunoasis
Froniuslnternational
Goodwe
Schneider Electric
SolarEdge Technologres
Sungrow Power Supply
Delta Electronics
Enphase Energy
AltenergyPower System
SensataTechnologies
DelphiTechnologies
TMEIC
KACO New Energy
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 Grid-forming Inverter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Grid-forming Inverter, with price, sales quantity, revenue, and global market share of Grid-forming Inverter from 2021 to 2026.
Chapter 3, the Grid-forming Inverter competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Grid-forming Inverter breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
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 2021 to 2032.
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 2021 to 2026.and Grid-forming Inverter market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
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 Grid-forming Inverter.
Chapter 14 and 15, to describe Grid-forming Inverter sales channel, distributors, customers, research findings and conclusion.