Pro
Energy & Utilities
US Grid Forming Inverters Market By Power Rating
| Label | Military & Defense | Others | Residential & Commercial | Utilities |
|---|---|---|---|---|
| 2018 | 37.8716 USD Million | 16.2977 USD Million | 60.1344 USD Million | 84.461 USD Million |
| 2019 | 41.6325 USD Million | 17.6052 USD Million | 65.7875 USD Million | 91.9168 USD Million |
| 2020 | 45.5122 USD Million | 18.9107 USD Million | 71.5748 USD Million | 99.4784 USD Million |
| 2021 | 49.8174 USD Million | 20.3378 USD Million | 77.9748 USD Million | 107.8051 USD Million |
| 2022 | 54.5943 USD Million | 21.8972 USD Million | 85.0512 USD Million | 116.9715 USD Million |
| 2023 | 59.271 USD Million | 23.3546 USD Million | 91.9084 USD Million | 125.7383 USD Million |
| 2024 | 64.7023 USD Million | 25.0443 USD Million | 99.8688 USD Million | 135.9109 USD Million |
| 2025 | 70.5967 USD Million | 26.8411 USD Million | 108.4702 USD Million | 146.8402 USD Million |
| 2026 | 77.2687 USD Million | 28.8545 USD Million | 118.1855 USD Million | 159.1503 USD Million |
| 2027 | 84.6993 USD Million | 31.0634 USD Million | 128.9711 USD Million | 172.7598 USD Million |
| 2028 | 92.7426 USD Million | 33.402 USD Million | 140.5923 USD Million | 187.3343 USD Million |
| 2029 | 101.4874 USD Million | 35.8915 USD Million | 153.1726 USD Million | 203.021 USD Million |
| 2030 | 110.955 USD Million | 38.5278 USD Million | 166.7323 USD Million | 219.8274 USD Million |
| 2031 | 121.1573 USD Million | 41.3031 USD Million | 181.2772 USD Million | 237.7419 USD Million |
| 2032 | 132.1076 USD Million | 44.2105 USD Million | 196.8152 USD Million | 256.7557 USD Million |
Data Source: Wantstats Repository
Growth Outlook
- The User portion of the US Grid Forming Inverters Market By End market is on a steady long-term growth path. Segment value stands at roughly USD 383 Million in 2026 and is projected to reach USD 630 Million by 2032 — a gain of about 64% over the forecast period, translating to a CAGR in the high single digits.
- What the regional split looks like (2026): Utilities leads, holding roughly 42% of segment value — the single largest regional share. Residential & Commercial is the second-largest contributor. Military & Defense and Others make up the remainder, in descending order.
- By 2032, Utilities alone is expected to reach USD 257 Million, with Residential & Commercial at USD 197 Million.
Market Dynamics
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Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.