US Grid Forming Inverters Market By Power Rating
| Label | 100–300 V | 300–500 V | Above 500 V |
|---|---|---|---|
| 2018 | 46.3203 USD Million | 83.6094 USD Million | 68.8351 USD Million |
| 2019 | 50.2223 USD Million | 91.327 USD Million | 75.3927 USD Million |
| 2020 | 54.1504 USD Million | 99.207 USD Million | 82.1187 USD Million |
| 2021 | 58.4612 USD Million | 107.9107 USD Million | 89.5632 USD Million |
| 2022 | 63.1899 USD Million | 117.5225 USD Million | 97.8017 USD Million |
| 2023 | 67.6642 USD Million | 126.8025 USD Million | 105.8056 USD Million |
| 2024 | 72.8538 USD Million | 137.5743 USD Million | 115.0982 USD Million |
| 2025 | 78.4031 USD Million | 149.195 USD Million | 125.1501 USD Million |
| 2026 | 84.6387 USD Million | 162.3105 USD Million | 136.5099 USD Million |
| 2027 | 91.5081 USD Million | 176.8541 USD Million | 149.1313 USD Million |
| 2028 | 98.8263 USD Million | 192.4983 USD Million | 162.7466 USD Million |
| 2029 | 106.6637 USD Million | 209.4069 USD Million | 177.5019 USD Million |
| 2030 | 115.0164 USD Million | 227.6021 USD Million | 193.4239 USD Million |
| 2031 | 123.8704 USD Million | 247.0861 USD Million | 210.523 USD Million |
| 2032 | 133.2132 USD Million | 267.864 USD Million | 228.8118 USD Million |
Data Source: Wantstats Repository
Growth Outlook
- The US Grid Forming Inverters Market By Voltage 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): 300–500 V leads, holding roughly 42% of segment value — the single largest regional share. Above 500 V is the second-largest contributor. 100–300 V make up the remainder, in descending order.
- By 2032, 300–500 V alone is expected to reach USD 268 Million, with Above 500 V at USD 229 Million.
Market Dynamics
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