The global power inverter market was valued at USD 83.71 billion in 2024. IMARC Group projects the market to grow at a CAGR of 4.4% from 2025 to 2033, reaching USD 123.8 billion by 2033. This growth is driven by increasing demand for renewable energy systems, rising electricity consumption, and advancements in inverter technologies. https://www.imarcgroup.com/prefeasibility-report-power-inverter-manufacturing-plant