Global Industrial MV and HV Inverter Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
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 Industrial MV and HV Inverter Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Below 3kv Inverter
- 1.3.3 3-6kv Inverter
- 1.3.4 6-10kv Inverter
- 1.3.5 above 10kv Inverter
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Industrial MV and HV Inverter Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Power
- 1.4.3 Mining
- 1.4.4 Metallurgical Industry
- 1.4.5 Oil & Gas and Chemicals
- 1.4.6 Construction
- 1.4.7 Municipal
- 1.5 Global Industrial MV and HV Inverter Market Size & Forecast
- 1.5.1 Global Industrial MV and HV Inverter Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Industrial MV and HV Inverter Sales Quantity (2020-2031)
- 1.5.3 Global Industrial MV and HV Inverter Average Price (2020-2031)
2 Manufacturers Profiles
- 2.1 ABB
- 2.1.1 ABB Details
- 2.1.2 ABB Major Business
- 2.1.3 ABB Industrial MV and HV Inverter Product and Services
- 2.1.4 ABB Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.1.5 ABB Recent Developments/Updates
- 2.2 Siemens
- 2.2.1 Siemens Details
- 2.2.2 Siemens Major Business
- 2.2.3 Siemens Industrial MV and HV Inverter Product and Services
- 2.2.4 Siemens Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.2.5 Siemens Recent Developments/Updates
- 2.3 Rockwell Automation
- 2.3.1 Rockwell Automation Details
- 2.3.2 Rockwell Automation Major Business
- 2.3.3 Rockwell Automation Industrial MV and HV Inverter Product and Services
- 2.3.4 Rockwell Automation Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.3.5 Rockwell Automation Recent Developments/Updates
- 2.4 Danfoss
- 2.4.1 Danfoss Details
- 2.4.2 Danfoss Major Business
- 2.4.3 Danfoss Industrial MV and HV Inverter Product and Services
- 2.4.4 Danfoss Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.4.5 Danfoss Recent Developments/Updates
- 2.5 Yaskawa Electric
- 2.5.1 Yaskawa Electric Details
- 2.5.2 Yaskawa Electric Major Business
- 2.5.3 Yaskawa Electric Industrial MV and HV Inverter Product and Services
- 2.5.4 Yaskawa Electric Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.5.5 Yaskawa Electric Recent Developments/Updates
- 2.6 Schneider Electric
- 2.6.1 Schneider Electric Details
- 2.6.2 Schneider Electric Major Business
- 2.6.3 Schneider Electric Industrial MV and HV Inverter Product and Services
- 2.6.4 Schneider Electric Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.6.5 Schneider Electric Recent Developments/Updates
- 2.7 Fuji Electric
- 2.7.1 Fuji Electric Details
- 2.7.2 Fuji Electric Major Business
- 2.7.3 Fuji Electric Industrial MV and HV Inverter Product and Services
- 2.7.4 Fuji Electric Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.7.5 Fuji Electric Recent Developments/Updates
- 2.8 Delta Electronics
- 2.8.1 Delta Electronics Details
- 2.8.2 Delta Electronics Major Business
- 2.8.3 Delta Electronics Industrial MV and HV Inverter Product and Services
- 2.8.4 Delta Electronics Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.8.5 Delta Electronics Recent Developments/Updates
- 2.9 GE Power Conversion
- 2.9.1 GE Power Conversion Details
- 2.9.2 GE Power Conversion Major Business
- 2.9.3 GE Power Conversion Industrial MV and HV Inverter Product and Services
- 2.9.4 GE Power Conversion Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.9.5 GE Power Conversion Recent Developments/Updates
- 2.10 Inovance Technology
- 2.10.1 Inovance Technology Details
- 2.10.2 Inovance Technology Major Business
- 2.10.3 Inovance Technology Industrial MV and HV Inverter Product and Services
- 2.10.4 Inovance Technology Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.10.5 Inovance Technology Recent Developments/Updates
- 2.11 INVT
- 2.11.1 INVT Details
- 2.11.2 INVT Major Business
- 2.11.3 INVT Industrial MV and HV Inverter Product and Services
- 2.11.4 INVT Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.11.5 INVT Recent Developments/Updates
- 2.12 Hiconics
- 2.12.1 Hiconics Details
- 2.12.2 Hiconics Major Business
- 2.12.3 Hiconics Industrial MV and HV Inverter Product and Services
- 2.12.4 Hiconics Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.12.5 Hiconics Recent Developments/Updates
- 2.13 TMEIC
- 2.13.1 TMEIC Details
- 2.13.2 TMEIC Major Business
- 2.13.3 TMEIC Industrial MV and HV Inverter Product and Services
- 2.13.4 TMEIC Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.13.5 TMEIC Recent Developments/Updates
- 2.14 Xinfengguang
- 2.14.1 Xinfengguang Details
- 2.14.2 Xinfengguang Major Business
- 2.14.3 Xinfengguang Industrial MV and HV Inverter Product and Services
- 2.14.4 Xinfengguang Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.14.5 Xinfengguang Recent Developments/Updates
- 2.15 Slanvert
- 2.15.1 Slanvert Details
- 2.15.2 Slanvert Major Business
- 2.15.3 Slanvert Industrial MV and HV Inverter Product and Services
- 2.15.4 Slanvert Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.15.5 Slanvert Recent Developments/Updates
- 2.16 TECO
- 2.16.1 TECO Details
- 2.16.2 TECO Major Business
- 2.16.3 TECO Industrial MV and HV Inverter Product and Services
- 2.16.4 TECO Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.16.5 TECO Recent Developments/Updates
- 2.17 VEICHI
- 2.17.1 VEICHI Details
- 2.17.2 VEICHI Major Business
- 2.17.3 VEICHI Industrial MV and HV Inverter Product and Services
- 2.17.4 VEICHI Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.17.5 VEICHI Recent Developments/Updates
- 2.18 Nancal Technology
- 2.18.1 Nancal Technology Details
- 2.18.2 Nancal Technology Major Business
- 2.18.3 Nancal Technology Industrial MV and HV Inverter Product and Services
- 2.18.4 Nancal Technology Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.18.5 Nancal Technology Recent Developments/Updates
- 2.19 Wolong Holding
- 2.19.1 Wolong Holding Details
- 2.19.2 Wolong Holding Major Business
- 2.19.3 Wolong Holding Industrial MV and HV Inverter Product and Services
- 2.19.4 Wolong Holding Industrial MV and HV Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.19.5 Wolong Holding Recent Developments/Updates
3 Competitive Environment: Industrial MV and HV Inverter by Manufacturer
- 3.1 Global Industrial MV and HV Inverter Sales Quantity by Manufacturer (2020-2025)
- 3.2 Global Industrial MV and HV Inverter Revenue by Manufacturer (2020-2025)
- 3.3 Global Industrial MV and HV Inverter Average Price by Manufacturer (2020-2025)
- 3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Industrial MV and HV Inverter by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Industrial MV and HV Inverter Manufacturer Market Share in 2024
- 3.4.3 Top 6 Industrial MV and HV Inverter Manufacturer Market Share in 2024
- 3.5 Industrial MV and HV Inverter Market: Overall Company Footprint Analysis
- 3.5.1 Industrial MV and HV Inverter Market: Region Footprint
- 3.5.2 Industrial MV and HV Inverter Market: Company Product Type Footprint
- 3.5.3 Industrial MV and HV 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 Industrial MV and HV Inverter Market Size by Region
- 4.1.1 Global Industrial MV and HV Inverter Sales Quantity by Region (2020-2031)
- 4.1.2 Global Industrial MV and HV Inverter Consumption Value by Region (2020-2031)
- 4.1.3 Global Industrial MV and HV Inverter Average Price by Region (2020-2031)
- 4.2 North America Industrial MV and HV Inverter Consumption Value (2020-2031)
- 4.3 Europe Industrial MV and HV Inverter Consumption Value (2020-2031)
- 4.4 Asia-Pacific Industrial MV and HV Inverter Consumption Value (2020-2031)
- 4.5 South America Industrial MV and HV Inverter Consumption Value (2020-2031)
- 4.6 Middle East & Africa Industrial MV and HV Inverter Consumption Value (2020-2031)
5 Market Segment by Type
- 5.1 Global Industrial MV and HV Inverter Sales Quantity by Type (2020-2031)
- 5.2 Global Industrial MV and HV Inverter Consumption Value by Type (2020-2031)
- 5.3 Global Industrial MV and HV Inverter Average Price by Type (2020-2031)
6 Market Segment by Application
- 6.1 Global Industrial MV and HV Inverter Sales Quantity by Application (2020-2031)
- 6.2 Global Industrial MV and HV Inverter Consumption Value by Application (2020-2031)
- 6.3 Global Industrial MV and HV Inverter Average Price by Application (2020-2031)
7 North America
- 7.1 North America Industrial MV and HV Inverter Sales Quantity by Type (2020-2031)
- 7.2 North America Industrial MV and HV Inverter Sales Quantity by Application (2020-2031)
- 7.3 North America Industrial MV and HV Inverter Market Size by Country
- 7.3.1 North America Industrial MV and HV Inverter Sales Quantity by Country (2020-2031)
- 7.3.2 North America Industrial MV and HV Inverter Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
- 8.1 Europe Industrial MV and HV Inverter Sales Quantity by Type (2020-2031)
- 8.2 Europe Industrial MV and HV Inverter Sales Quantity by Application (2020-2031)
- 8.3 Europe Industrial MV and HV Inverter Market Size by Country
- 8.3.1 Europe Industrial MV and HV Inverter Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Industrial MV and HV Inverter Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
- 9.1 Asia-Pacific Industrial MV and HV Inverter Sales Quantity by Type (2020-2031)
- 9.2 Asia-Pacific Industrial MV and HV Inverter Sales Quantity by Application (2020-2031)
- 9.3 Asia-Pacific Industrial MV and HV Inverter Market Size by Region
- 9.3.1 Asia-Pacific Industrial MV and HV Inverter Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Industrial MV and HV Inverter Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
- 10.1 South America Industrial MV and HV Inverter Sales Quantity by Type (2020-2031)
- 10.2 South America Industrial MV and HV Inverter Sales Quantity by Application (2020-2031)
- 10.3 South America Industrial MV and HV Inverter Market Size by Country
- 10.3.1 South America Industrial MV and HV Inverter Sales Quantity by Country (2020-2031)
- 10.3.2 South America Industrial MV and HV Inverter Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
- 11.1 Middle East & Africa Industrial MV and HV Inverter Sales Quantity by Type (2020-2031)
- 11.2 Middle East & Africa Industrial MV and HV Inverter Sales Quantity by Application (2020-2031)
- 11.3 Middle East & Africa Industrial MV and HV Inverter Market Size by Country
- 11.3.1 Middle East & Africa Industrial MV and HV Inverter Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Industrial MV and HV Inverter Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
- 12.1 Industrial MV and HV Inverter Market Drivers
- 12.2 Industrial MV and HV Inverter Market Restraints
- 12.3 Industrial MV and HV 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 Industrial MV and HV Inverter and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Industrial MV and HV Inverter
- 13.3 Industrial MV and HV 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 Industrial MV and HV Inverter Typical Distributors
- 14.3 Industrial MV and HV 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 Industrial MV and HV Inverter market size was valued at US$ 8066 million in 2024 and is forecast to a readjusted size of USD 9781 million by 2031 with a CAGR of 2.7% during review period.
Industrial MV and HV Inverter is an electronic device or circuitry that changes direct current (DC) to alternating current (AC). The input voltage, output voltage and frequency, and overall power handling depend on the design of the specific device or circuitry. The inverter does not produce any power; the power is provided by the DC source. High and medium voltage inverters usually refer to high-power inverters with voltage levels above 690V.
The Industrial Medium Voltage (MV) and High Voltage (HV) Inverter Market has been growing steadily due to increasing industrial automation, the rise of renewable energy sources, and the demand for energy-efficient solutions. The growth of solar and wind energy systems has significantly boosted the demand for MV and HV inverters. As renewable energy sources are increasingly integrated into the grid, the need for efficient power conversion systems becomes critical. As industrial and commercial sectors seek reliable energy storage solutions, MV and HV inverters are integral in managing the flow of power between storage systems (e.g., batteries) and the grid. In manufacturing and other industrial sectors, the need for energy-efficient electric motor drives has driven demand for MV inverters. These inverters are used in variable-speed drives (VSDs) for applications such as pumps, fans, compressors, and conveyors. As industries focus on electric vehicle (EV) manufacturing, the demand for efficient inverters capable of handling high voltages increases. These inverters are used in electric vehicle charging stations and EV powertrains. Advances in power electronics, control systems, and semiconductor technologies (like Silicon Carbide - SiC and Gallium Nitride - GaN) have enabled the development of more efficient and compact MV and HV inverters. These technologies improve the overall performance and efficiency of inverters, reducing losses and increasing reliability. Governments worldwide are implementing stricter energy efficiency standards and environmental regulations, pushing industries to adopt energy-efficient technologies, including MV and HV inverters. The Industrial MV and HV Inverter market is evolving rapidly, driven by the ongoing energy transition, industrial automation, and increasing investments in renewable energy. Although there are challenges such as high initial costs and complex system integration, the benefits of efficiency, scalability, and grid reliability make MV and HV inverters essential components for modern industrial and energy applications.
This report is a detailed and comprehensive analysis for global Industrial MV and HV 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 Industrial MV and HV Inverter market size and forecasts, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K US$/Unit), 2020-2031
Global Industrial MV and HV Inverter market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K US$/Unit), 2020-2031
Global Industrial MV and HV Inverter market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K US$/Unit), 2020-2031
Global Industrial MV and HV Inverter market shares of main players, shipments in revenue ($ Million), sales quantity (Unit), and ASP (K US$/Unit), 2020-2025
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 Industrial MV and HV 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 Industrial MV and HV 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 ABB, Siemens, Rockwell Automation, Danfoss, Yaskawa Electric, Schneider Electric, Fuji Electric, Delta Electronics, GE Power Conversion, Inovance Technology, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Industrial MV and HV Inverter market is split by Type and by Application. For the period 2020-2031, 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
Below 3kv Inverter
3-6kv Inverter
6-10kv Inverter
above 10kv Inverter
Market segment by Application
Power
Mining
Metallurgical Industry
Oil & Gas and Chemicals
Construction
Municipal
Major players covered
ABB
Siemens
Rockwell Automation
Danfoss
Yaskawa Electric
Schneider Electric
Fuji Electric
Delta Electronics
GE Power Conversion
Inovance Technology
INVT
Hiconics
TMEIC
Xinfengguang
Slanvert
TECO
VEICHI
Nancal Technology
Wolong Holding
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 Industrial MV and HV Inverter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Industrial MV and HV Inverter, with price, sales quantity, revenue, and global market share of Industrial MV and HV Inverter from 2020 to 2025.
Chapter 3, the Industrial MV and HV Inverter competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Industrial MV and HV Inverter breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
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 2020 to 2031.
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 2020 to 2025.and Industrial MV and HV Inverter market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
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 Industrial MV and HV Inverter.
Chapter 14 and 15, to describe Industrial MV and HV Inverter sales channel, distributors, customers, research findings and conclusion.