Foreign orders for solar inverters decline

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Solar inverter market to shrink in 2025-26 amid

The global solar inverter industry will contract over the next two years as markets in China, Europe and the US confront new volatility.

Wood Mackenzie predicts 2-year decline in global solar inverter

The global solar inverter market is set to contract over the next two years, according to analysis from Wood Mackenzie. The consultancy is forecasting the market will fall to 577 GWac in

Wood Mackenzie Forecasts Two-Year Decline for Global Solar

Global solar inverter shipments are set to decline for a second consecutive year, reflecting growing uncertainty across major solar markets, according to Wood Mackenzie''s latest

Global solar inverter market set to face two-year decline before

Wood Mackenzie forecasts a two-year decline in the global solar inverter market, with shipments dropping in 2025 and 2026 due to market uncertainties. Recovery is expected in the early

Global Solar Inverter Market Set To Decline For Two Years Before

The global solar industry is entering a phase of consolidation after years of rapid expansion, and one of its most critical components is feeling the impact. According to Wood

WoodMac: Global solar inverter market expected to shrink in

The global solar inverter market will contract for two consecutive years, declining 2% to 577 GWAC in 2025 and a further 9% to 523 GWAC in 2026, according to Wood Mackenzie''s latest

Global solar inverter market seen to decline in both 2025 and 2026

After record shipments in 2024, the global solar inverter market is set for a two-year downturn, shrinking 2% to 577 GWac this year and another 9% to 523 GWac in 2026, according to

Solar Inverter Shipments Forecast: Global Contraction in 2025

Global solar inverter shipments are forecast to decline through 2026, with regional contractions in China, Europe, and the U.S. driven by overcapacity, policy shifts, and competition,

Solar inverter market to shrink in 2025-26 amid uncertainty in

This decline has been driven by faltering rooftop markets in many major European countries, which will hit inverter shipments particularly hard as smaller rooftop projects naturally

Global solar inverter market faces two-year

The global solar inverter market will contract for two consecutive years, declining 2% to 577 Gigawatts AC (GWac) in 2025 and a further 9% to

Foreign orders for solar inverters decline [PDF]

4 Frequently Asked Questions about "Foreign orders for solar inverters decline"

Will the global solar inverter market fall in 2026?

Wood Mackenzie's latest analysis expects market uncertainty in China, Europe and the U.S. to cause two consecutive years of contraction in the global solar inverter market, forecasting a fall to 577 GWac this year and 523 GWac in 2026. Image: Lauri Veerde, Wikimedia Commons, CC BY-SA 4.0

Will the global solar inverter market contract in 2025?

The global solar inverter market is set to contract over the next two years, according to analysis from Wood Mackenzie. The consultancy is forecasting the market will fall to 577 GWac in 2025, a 2% year-on-year decrease, followed by a further 9% drop to 523 GWac in 2026.

Will China's solar inverter market decline 5% in 2025?

China's solar inverter market is set to decline 5% in 2025 to 304 GWac, representing the first annual decline in 2019. Nevertheless, the country is still expected to maintain its dominance in the global market, accounting for over 2.9 TWac of cumulative inverter demand through to 2034, according to Wood Mackenzie's forecasts.

Will the solar inverter market recover?

By the early 2030s, Wood Mackenzie is projecting the solar inverter market to recover and surpass the 2024 market size with electrification, AI demand growth and a cyclical repowering market set to provide a solid foundation for inverter demand.

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