Multi-Phase Static Inverters Market size was valued at US$ 2.89 billion in 2024 and is projected to reach US$ 6.45 billion by 2032, at a CAGR of 12.3% during the forecast period 2025-2032
Report Studies
• The global Multi-Phase Static Inverters Market size was valued at US$ 2.89 billion in 2024 and is projected to reach US$ 6.45 billion by 2032, at a CAGR of 12.3% during the forecast period 2025-2032. The U.S. market alone accounted for 25% of global revenue in 2024, while China is expected to witness the fastest growth with an estimated 9.1% CAGR through 2032.
• Multi-phase static inverters are critical power conversion devices that transform DC electricity into stable AC power with precise frequency and voltage regulation. These systems consist of three key components: an inverter bridge for power conversion, control logic for operational management, and filter circuits to ensure clean output. The technology finds extensive applications across transport infrastructure, telecommunications, and industrial sectors where reliable power conversion is essential.
By Type:
• The market is segmented based on type into:
• High Power Inverter
• Low Power Inverter
By Application:
• The market is segmented based on application into:
• Transport
• Communication
• Others
• Microtek (India)
• UTL Solar (India)
• Exide Industries (India)
• Polycab (India)
• EAPRO Global Ltd. (China)
• Growatt New Energy (China)
• Applied Power Systems (U.S.)
