세계의 배터리 스토리지 인버터 시장 : 시장 규모, 점유율, 성장 및 산업 분석 - 유형별, 용도별, 지역별 인사이트 및 예측(2024-2032년)

Growth Factors of battery storage inverter Market

The global battery storage inverter market is experiencing accelerated growth as renewable energy adoption and grid modernization efforts gain momentum worldwide. According to the latest industry assessment, the global battery storage inverter market size reached USD 7.59 billion in 2024, driven by rising investments in energy storage systems and the increasing use of solar and wind power. The market is projected to advance to USD 8.45 billion in 2025, ultimately reaching USD 15.32 billion by 2032, exhibiting a CAGR of 8.87% during the 2025-2032 forecast period. Asia Pacific remained the dominant regional market in 2024, accounting for 57.31% of global share due to extensive renewable energy deployment and strong government initiatives supporting clean energy transitions.

Battery storage inverters are essential components of modern energy systems, enabling the bidirectional conversion of energy between batteries and the power grid. These devices convert stored DC energy into usable AC electricity for residential, commercial, and industrial applications, while also allowing surplus power from solar or wind systems to be stored efficiently. As countries around the world adopt more decentralized and renewable-based power networks, the importance of high-efficiency battery storage inverters continues to increase.

Market Drivers

Renewable Energy Expansion

The primary driver of market growth is the global shift toward renewable energy. Countries are strengthening climate policies and raising clean energy targets, increasing the demand for energy storage systems that support intermittent generation. The European Union, for example, recorded 24.1% renewable energy share in 2023, driven largely by solar power. To reach the EU's 42.5% target by 2030, large-scale investments in storage and inverter technologies will be essential. Battery storage inverters ensure stable grid integration, prevent power fluctuations, and support long-duration storage-making them vital to renewable energy expansion.

Supportive Government Policies

Several governments are offering subsidies, tax credits, grants, and incentive programs to accelerate energy storage adoption. China, one of the largest contributors to global renewable expansion, allocated USD 1 billion in subsidies for renewable energy in 2024. Such policy frameworks reduce barriers to adoption and increase demand for battery storage inverters across residential, commercial, and utility sectors.

Market Restraints

High Upfront Costs

Despite rapid growth, the market faces challenges due to the high initial investment required for battery storage systems and advanced inverter technologies. Installation, system integration, and maintenance significantly increase project costs, limiting adoption among small residential users and cost-sensitive markets. Although lithium-ion battery costs are declining, the overall system price remains a substantial barrier.

Market Opportunities

Grid Modernization Initiatives

Countries are investing heavily in grid upgrades to accommodate decentralized renewable energy and storage. Modern grids require advanced inverters capable of bidirectional energy flow, load balancing, and frequency regulation. Germany's 2019-2030 Grid Development Plan is an example of major modernization initiatives that will increase demand for battery storage inverters as countries aim to improve grid stability and resilience.

Regional Outlook

Asia Pacific - Global Leader

Asia Pacific accounted for USD 4.35 billion of the market in 2024, making it the largest and fastest-growing region. Investments in renewable energy across China, India, Japan, and Southeast Asia continue to surge. By 2030, renewable energy investments in Asia Pacific are expected to reach USD 1.3 trillion, supporting massive growth in energy storage and inverter deployments.

China remains the leading market, projected to reach USD 2.94 billion in 2025, fueled by aggressive solar and wind installations and the rapid expansion of its energy storage sector.

North America

North America is the second-largest region, projected to reach USD 1.86 billion in 2025. Strong policy support, such as the U.S. Inflation Reduction Act and Canada's clean energy investment tax credit, are accelerating battery storage deployments. The U.S. aims to reduce carbon emissions through large-scale electrification and is expected to achieve USD 1.82 billion market value in 2025.

Europe

Europe is projected to attain USD 1.41 billion in 2025, driven by its aggressive carbon-neutrality goals and rapid energy transition. Germany and Italy continue expanding their storage infrastructure, while the U.K. is also strengthening its battery storage investments.

Future Outlook

With the market projected to grow from USD 7.59 billion in 2024 to USD 15.32 billion by 2032, battery storage inverters will play a central role in the global clean energy transformation. As energy independence, grid stability, and sustainability become top priorities, demand for advanced, efficient, and intelligent inverter technologies will continue to surge across all regions.

Segmentation By Type

• Single Phase Electric Power
• Three Phase Electric Power

By End User

• Residential
• Commercial & Industrial
• Utility

By Region

• North America (By Type, By End User, and By Country)
  • U.S. (By End User)
  • Canada (By End User)
• Europe (By Type, By End User, and By Country)
  • U.K. (By End User)
  • Germany (By End User)
  • Italy (By End User)
  • Rest of Europe (By End User)
• Asia Pacific (By Type, By End User, and By Country)
  • China (By End User)
  • Japan (By End User)
  • Australia (By End User)
  • South Korea (By End User)
  • Rest of Asia Pacific (By End User)
• Rest of the World (By Type and By End User)

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions & Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities

4. Key Insights

• 4.1. Key Emerging Trends - For Major Countries
• 4.2. Latest Technological Advancement
• 4.3. Insight on Regulatory Landscape
• 4.4. Porters Five Forces Analysis
• 4.5. Impact of COVID-19 on the Global Battery Storage Inverter Market

5. Global Battery Storage Inverter Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

• 5.1. Key Findings
• 5.2. Market Analysis, Insights, and Forecast - By Type
  • 5.2.1. Single Phase Electric Power
  • 5.2.2. Three Phase Electric Power
• 5.3. Market Analysis, Insights, and Forecast - By End User
  • 5.3.1. Residential
  • 5.3.2. Commercial & Industrial
  • 5.3.3. Utility
• 5.4. Market Analysis, Insights, and Forecast - By Region
  • 5.4.1. North America
  • 5.4.2. Europe
  • 5.4.3. Asia-Pacific
  • 5.4.4. Rest of the World

6. North America Battery Storage Inverter Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

• 6.1. Key Findings
• 6.2. Market Analysis, Insights, and Forecast - By Type
  • 6.2.1. Single Phase Electric Power
  • 6.2.2. Three Phase Electric Power
• 6.3. Market Analysis, Insights, and Forecast - By End User
  • 6.3.1. Residential
  • 6.3.2. Commercial & Industrial
  • 6.3.3. Utility
• 6.4. Market Analysis, Insights, and Forecast - By Country
  • 6.4.1. U.S. Market Analysis, Insights, and Forecast - By End User
    • 6.4.1.1. Residential
    • 6.4.1.2. Commercial & Industrial
    • 6.4.1.3. Utility
  • 6.4.2. Canada Market Analysis, Insights, and Forecast - By End User
    • 6.4.2.1. Residential
    • 6.4.2.2. Commercial & Industrial
    • 6.4.2.3. Utility

7. Europe Battery Storage Inverter Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

• 7.1. Key Findings
• 7.2. Market Analysis, Insights, and Forecast - By Type
  • 7.2.1. Single Phase Electric Power
  • 7.2.2. Three Phase Electric Power
• 7.3. Market Analysis, Insights, and Forecast - By End User
  • 7.3.1. Residential
  • 7.3.2. Commercial & Industrial
  • 7.3.3. Utility
• 7.4. Market Analysis, Insights, and Forecast - By Country
  • 7.4.1. U.K. Market Analysis, Insights, and Forecast - By End User
    • 7.4.1.1. Residential
    • 7.4.1.2. Commercial & Industrial
    • 7.4.1.3. Utility
  • 7.4.2. Germany Market Analysis, Insights, and Forecast - By End User
    • 7.4.2.1. Residential
    • 7.4.2.2. Commercial & Industrial
    • 7.4.2.3. Utility
  • 7.4.3. Italy Market Analysis, Insights, and Forecast - By End User
    • 7.4.3.1. Residential
    • 7.4.3.2. Commercial & Industrial
    • 7.4.3.3. Utility
  • 7.4.4. Rest of Europe Market Analysis, Insights, and Forecast - By End User
    • 7.4.4.1. Residential
    • 7.4.4.2. Commercial & Industrial
    • 7.4.4.3. Utility

8. Asia-Pacific Battery Storage Inverter Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

• 8.1. Key Findings
• 8.2. Market Analysis, Insights, and Forecast - By Type
  • 8.2.1. Single Phase Electric Power
  • 8.2.2. Three Phase Electric Power
• 8.3. Market Analysis, Insights, and Forecast - By End User
  • 8.3.1. Residential
  • 8.3.2. Commercial & Industrial
  • 8.3.3. Utility
• 8.4. Market Analysis, Insights, and Forecast - By Country
  • 8.4.1. China Market Analysis, Insights, and Forecast - By End User
    • 8.4.1.1. Residential
    • 8.4.1.2. Commercial & Industrial
    • 8.4.1.3. Utility
  • 8.4.2. Japan Market Analysis, Insights, and Forecast - By End User
    • 8.4.2.1. Residential
    • 8.4.2.2. Commercial & Industrial
    • 8.4.2.3. Utility
  • 8.4.3. Australia Market Analysis, Insights, and Forecast - By End User
    • 8.4.3.1. Residential
    • 8.4.3.2. Commercial & Industrial
    • 8.4.3.3. Utility
  • 8.4.4. South Korea Market Analysis, Insights, and Forecast - By End User
    • 8.4.4.1. Residential
    • 8.4.4.2. Commercial & Industrial
    • 8.4.4.3. Utility
  • 8.4.5. Rest of Asia-Pacific Market Analysis, Insights, and Forecast - By End User
    • 8.4.5.1. Residential
    • 8.4.5.2. Commercial & Industrial
    • 8.4.5.3. Utility

9. Rest of the World Battery Storage Inverter Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

• 9.1. Key Findings
• 9.2. Market Analysis, Insights, and Forecast - By Type
  • 9.2.1. Single Phase Electric Power
  • 9.2.2. Three Phase Electric Power
• 9.3. Market Analysis, Insights, and Forecast - By End User
  • 9.3.1. Residential
  • 9.3.2. Commercial & Industrial
  • 9.3.3. Utility

10. Competitive Analysis

• 10.1. Company Market Share Analysis, 2024
• 10.2. Company Profile
  • 10.2.1. ABB
    • 10.2.1.1. Business Overview
    • 10.2.1.2. Product and Service Offerings
    • 10.2.1.3. Recent Developments
    • 10.2.1.4. Financials (Based on Availability)
  • 10.2.2. Wind & Sun Ltd.
    • 10.2.2.1. Business Overview
    • 10.2.2.2. Product and Service Offerings
    • 10.2.2.3. Recent Developments
    • 10.2.2.4. Financials (Based on Availability)
  • 10.2.3. Hitachi
    • 10.2.3.1. Business Overview
    • 10.2.3.2. Product and Service Offerings
    • 10.2.3.3. Recent Developments
    • 10.2.3.4. Financials (Based on Availability)
  • 10.2.4. TRIED
    • 10.2.4.1. Business Overview
    • 10.2.4.2. Product and Service Offerings
    • 10.2.4.3. Recent Developments
    • 10.2.4.4. Financials (Based on Availability)
  • 10.2.5. Eaton
    • 10.2.5.1. Business Overview
    • 10.2.5.2. Product and Service Offerings
    • 10.2.5.3. Recent Developments
    • 10.2.5.4. Financials (Based on Availability)
  • 10.2.6. SMA Solar Technology AG
    • 10.2.6.1. Business Overview
    • 10.2.6.2. Product and Service Offerings
    • 10.2.6.3. Recent Developments
    • 10.2.6.4. Financials (Based on Availability)
  • 10.2.7. KACO
    • 10.2.7.1. Business Overview
    • 10.2.7.2. Product and Service Offerings
    • 10.2.7.3. Recent Developments
    • 10.2.7.4. Financials (Based on Availability)
  • 10.2.8. Robert Bosch GmbH
    • 10.2.8.1. Business Overview
    • 10.2.8.2. Product and Service Offerings
    • 10.2.8.3. Recent Developments
    • 10.2.8.4. Financials (Based on Availability)
  • 10.2.9. Ginlong Technologies
    • 10.2.9.1. Business Overview
    • 10.2.9.2. Product and Service Offerings
    • 10.2.9.3. Recent Developments
    • 10.2.9.4. Financials (Based on Availability)
  • 10.2.10. Zhicheng Champion
    • 10.2.10.1. Business Overview
    • 10.2.10.2. Product and Service Offerings
    • 10.2.10.3. Recent Developments
    • 10.2.10.4. Financials (Based on Availability)
  • 10.2.11. SUNGROW
    • 10.2.11.1. Business Overview
    • 10.2.11.2. Product and Service Offerings
    • 10.2.11.3. Recent Developments
    • 10.2.11.4. Financials (Based on Availability)
  • 10.2.12. Dynapower
    • 10.2.12.1. Business Overview
    • 10.2.12.2. Product and Service Offerings
    • 10.2.12.3. Recent Developments
    • 10.2.12.4. Financials (Based on Availability)