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Global Low and Medium-voltage Inverter Market Research Report 2025
Synopsis
Low and Medium-voltage Inverter is an electronic device or circuitry that changes direct current (DC) to alternating current (AC). The input voltage, output voltage and frequency, and overall power handling depend on the design of the specific device or circuitry. The inverter does not produce any power; the power is provided by the DC source.
The global Low and Medium-voltage Inverter market was valued at US$ 11900 million in 2023 and is anticipated to reach US$ 15180 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
For the major players of Low and Medium-voltage Inverter, ABB maintained its first place in the ranking. Followed by Siemens, Danfoss, Yaskawa Electric and Rockwell Automation. The Top 5 players accounted for about 52% of the Global Low and Medium-voltage Inverter revenue market share.
In this study, the revenue market for Low and Medium-voltage Inverter was divided into five geographic regions. Europe occupied the largest revenue market share with about 29%. It is followed by China and North America. Other regions have smaller market.
Based on product type, Low-voltage Inverter type segment is projected to account for the largest revenue market share during the forecast period; this segment was estimated to account for about 80% share in terms of revenue.
In the applications, Hoisting Machinery, Textile Industry and Oil & Gas Industry were estimated to account for the highest market share of about 62%.
This report aims to provide a comprehensive presentation of the global market for Low and Medium-voltage Inverter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Low and Medium-voltage Inverter.
Report Scope
The Low and Medium-voltage Inverter market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Low and Medium-voltage Inverter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Low and Medium-voltage Inverter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Siemens
Danfoss
Yaskawa Electric
Rockwell Automation
Mitsubishi Electric
Schneider Electric
Fuji Electric
Inovance Technology
Delta Electronics
INVT
EURA DRIVES
Slanvert
Hiconics
STEP Electric Corporation
Segment by Type
Medium-Voltage Inverter
Low-Voltage Inverter
Segment by Application
Textile
Oil & Gas
Mining
Hoisting
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Low and Medium-voltage Inverter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Low and Medium-voltage Inverter by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Low and Medium-voltage Inverter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Low and Medium-voltage Inverter is an electronic device or circuitry that changes direct current (DC) to alternating current (AC). The input voltage, output voltage and frequency, and overall power handling depend on the design of the specific device or circuitry. The inverter does not produce any power; the power is provided by the DC source.
The global Low and Medium-voltage Inverter market was valued at US$ 11900 million in 2023 and is anticipated to reach US$ 15180 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
For the major players of Low and Medium-voltage Inverter, ABB maintained its first place in the ranking. Followed by Siemens, Danfoss, Yaskawa Electric and Rockwell Automation. The Top 5 players accounted for about 52% of the Global Low and Medium-voltage Inverter revenue market share.
In this study, the revenue market for Low and Medium-voltage Inverter was divided into five geographic regions. Europe occupied the largest revenue market share with about 29%. It is followed by China and North America. Other regions have smaller market.
Based on product type, Low-voltage Inverter type segment is projected to account for the largest revenue market share during the forecast period; this segment was estimated to account for about 80% share in terms of revenue.
In the applications, Hoisting Machinery, Textile Industry and Oil & Gas Industry were estimated to account for the highest market share of about 62%.
This report aims to provide a comprehensive presentation of the global market for Low and Medium-voltage Inverter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Low and Medium-voltage Inverter.
Report Scope
The Low and Medium-voltage Inverter market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Low and Medium-voltage Inverter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Low and Medium-voltage Inverter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Siemens
Danfoss
Yaskawa Electric
Rockwell Automation
Mitsubishi Electric
Schneider Electric
Fuji Electric
Inovance Technology
Delta Electronics
INVT
EURA DRIVES
Slanvert
Hiconics
STEP Electric Corporation
Segment by Type
Medium-Voltage Inverter
Low-Voltage Inverter
Segment by Application
Textile
Oil & Gas
Mining
Hoisting
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Low and Medium-voltage Inverter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Low and Medium-voltage Inverter by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Low and Medium-voltage Inverter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Low and Medium-voltage Inverter Market Overview
1.1 Product Definition
1.2 Low and Medium-voltage Inverter Segment by Type
1.2.1 Global Low and Medium-voltage Inverter Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Medium-Voltage Inverter
1.2.3 Low-Voltage Inverter
1.3 Low and Medium-voltage Inverter Segment by Application
1.3.1 Global Low and Medium-voltage Inverter Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Textile
1.3.3 Oil & Gas
1.3.4 Mining
1.3.5 Hoisting
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Low and Medium-voltage Inverter Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Low and Medium-voltage Inverter Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Low and Medium-voltage Inverter Production Estimates and Forecasts (2019-2030)
1.4.4 Global Low and Medium-voltage Inverter Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Low and Medium-voltage Inverter Production Market Share by Manufacturers (2019-2024)
2.2 Global Low and Medium-voltage Inverter Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Low and Medium-voltage Inverter, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Low and Medium-voltage Inverter Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Low and Medium-voltage Inverter Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Low and Medium-voltage Inverter, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Low and Medium-voltage Inverter, Product Offered and Application
2.8 Global Key Manufacturers of Low and Medium-voltage Inverter, Date of Enter into This Industry
2.9 Low and Medium-voltage Inverter Market Competitive Situation and Trends
2.9.1 Low and Medium-voltage Inverter Market Concentration Rate
2.9.2 Global 5 and 10 Largest Low and Medium-voltage Inverter Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Low and Medium-voltage Inverter Production by Region
3.1 Global Low and Medium-voltage Inverter Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Low and Medium-voltage Inverter Production Value by Region (2019-2030)
3.2.1 Global Low and Medium-voltage Inverter Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Low and Medium-voltage Inverter by Region (2025-2030)
3.3 Global Low and Medium-voltage Inverter Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Low and Medium-voltage Inverter Production by Region (2019-2030)
3.4.1 Global Low and Medium-voltage Inverter Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Low and Medium-voltage Inverter by Region (2025-2030)
3.5 Global Low and Medium-voltage Inverter Market Price Analysis by Region (2019-2024)
3.6 Global Low and Medium-voltage Inverter Production and Value, Year-over-Year Growth
3.6.1 North America Low and Medium-voltage Inverter Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Low and Medium-voltage Inverter Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Low and Medium-voltage Inverter Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Low and Medium-voltage Inverter Production Value Estimates and Forecasts (2019-2030)
4 Low and Medium-voltage Inverter Consumption by Region
4.1 Global Low and Medium-voltage Inverter Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Low and Medium-voltage Inverter Consumption by Region (2019-2030)
4.2.1 Global Low and Medium-voltage Inverter Consumption by Region (2019-2024)
4.2.2 Global Low and Medium-voltage Inverter Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Low and Medium-voltage Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Low and Medium-voltage Inverter Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Low and Medium-voltage Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Low and Medium-voltage Inverter Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Low and Medium-voltage Inverter Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Low and Medium-voltage Inverter Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Low and Medium-voltage Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Low and Medium-voltage Inverter Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Low and Medium-voltage Inverter Production by Type (2019-2030)
5.1.1 Global Low and Medium-voltage Inverter Production by Type (2019-2024)
5.1.2 Global Low and Medium-voltage Inverter Production by Type (2025-2030)
5.1.3 Global Low and Medium-voltage Inverter Production Market Share by Type (2019-2030)
5.2 Global Low and Medium-voltage Inverter Production Value by Type (2019-2030)
5.2.1 Global Low and Medium-voltage Inverter Production Value by Type (2019-2024)
5.2.2 Global Low and Medium-voltage Inverter Production Value by Type (2025-2030)
5.2.3 Global Low and Medium-voltage Inverter Production Value Market Share by Type (2019-2030)
5.3 Global Low and Medium-voltage Inverter Price by Type (2019-2030)
6 Segment by Application
6.1 Global Low and Medium-voltage Inverter Production by Application (2019-2030)
6.1.1 Global Low and Medium-voltage Inverter Production by Application (2019-2024)
6.1.2 Global Low and Medium-voltage Inverter Production by Application (2025-2030)
6.1.3 Global Low and Medium-voltage Inverter Production Market Share by Application (2019-2030)
6.2 Global Low and Medium-voltage Inverter Production Value by Application (2019-2030)
6.2.1 Global Low and Medium-voltage Inverter Production Value by Application (2019-2024)
6.2.2 Global Low and Medium-voltage Inverter Production Value by Application (2025-2030)
6.2.3 Global Low and Medium-voltage Inverter Production Value Market Share by Application (2019-2030)
6.3 Global Low and Medium-voltage Inverter Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Low and Medium-voltage Inverter Corporation Information
7.1.2 ABB Low and Medium-voltage Inverter Product Portfolio
7.1.3 ABB Low and Medium-voltage Inverter Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 Siemens
7.2.1 Siemens Low and Medium-voltage Inverter Corporation Information
7.2.2 Siemens Low and Medium-voltage Inverter Product Portfolio
7.2.3 Siemens Low and Medium-voltage Inverter Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Siemens Main Business and Markets Served
7.2.5 Siemens Recent Developments/Updates
7.3 Danfoss
7.3.1 Danfoss Low and Medium-voltage Inverter Corporation Information
7.3.2 Danfoss Low and Medium-voltage Inverter Product Portfolio
7.3.3 Danfoss Low and Medium-voltage Inverter Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Danfoss Main Business and Markets Served
7.3.5 Danfoss Recent Developments/Updates
7.4 Yaskawa Electric
7.4.1 Yaskawa Electric Low and Medium-voltage Inverter Corporation Information
7.4.2 Yaskawa Electric Low and Medium-voltage Inverter Product Portfolio
7.4.3 Yaskawa Electric Low and Medium-voltage Inverter Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Yaskawa Electric Main Business and Markets Served
7.4.5 Yaskawa Electric Recent Developments/Updates
7.5 Rockwell Automation
7.5.1 Rockwell Automation Low and Medium-voltage Inverter Corporation Information
7.5.2 Rockwell Automation Low and Medium-voltage Inverter Product Portfolio
7.5.3 Rockwell Automation Low and Medium-voltage Inverter Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Rockwell Automation Main Business and Markets Served
7.5.5 Rockwell Automation Recent Developments/Updates
7.6 Mitsubishi Electric
7.6.1 Mitsubishi Electric Low and Medium-voltage Inverter Corporation Information
7.6.2 Mitsubishi Electric Low and Medium-voltage Inverter Product Portfolio
7.6.3 Mitsubishi Electric Low and Medium-voltage Inverter Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Mitsubishi Electric Main Business and Markets Served
7.6.5 Mitsubishi Electric Recent Developments/Updates
7.7 Schneider Electric
7.7.1 Schneider Electric Low and Medium-voltage Inverter Corporation Information
7.7.2 Schneider Electric Low and Medium-voltage Inverter Product Portfolio
7.7.3 Schneider Electric Low and Medium-voltage Inverter Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Schneider Electric Main Business and Markets Served
7.7.5 Schneider Electric Recent Developments/Updates
7.8 Fuji Electric
7.8.1 Fuji Electric Low and Medium-voltage Inverter Corporation Information
7.8.2 Fuji Electric Low and Medium-voltage Inverter Product Portfolio
7.8.3 Fuji Electric Low and Medium-voltage Inverter Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Fuji Electric Main Business and Markets Served
7.7.5 Fuji Electric Recent Developments/Updates
7.9 Inovance Technology
7.9.1 Inovance Technology Low and Medium-voltage Inverter Corporation Information
7.9.2 Inovance Technology Low and Medium-voltage Inverter Product Portfolio
7.9.3 Inovance Technology Low and Medium-voltage Inverter Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Inovance Technology Main Business and Markets Served
7.9.5 Inovance Technology Recent Developments/Updates
7.10 Delta Electronics
7.10.1 Delta Electronics Low and Medium-voltage Inverter Corporation Information
7.10.2 Delta Electronics Low and Medium-voltage Inverter Product Portfolio
7.10.3 Delta Electronics Low and Medium-voltage Inverter Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Delta Electronics Main Business and Markets Served
7.10.5 Delta Electronics Recent Developments/Updates
7.11 INVT
7.11.1 INVT Low and Medium-voltage Inverter Corporation Information
7.11.2 INVT Low and Medium-voltage Inverter Product Portfolio
7.11.3 INVT Low and Medium-voltage Inverter Production, Value, Price and Gross Margin (2019-2024)
7.11.4 INVT Main Business and Markets Served
7.11.5 INVT Recent Developments/Updates
7.12 EURA DRIVES
7.12.1 EURA DRIVES Low and Medium-voltage Inverter Corporation Information
7.12.2 EURA DRIVES Low and Medium-voltage Inverter Product Portfolio
7.12.3 EURA DRIVES Low and Medium-voltage Inverter Production, Value, Price and Gross Margin (2019-2024)
7.12.4 EURA DRIVES Main Business and Markets Served
7.12.5 EURA DRIVES Recent Developments/Updates
7.13 Slanvert
7.13.1 Slanvert Low and Medium-voltage Inverter Corporation Information
7.13.2 Slanvert Low and Medium-voltage Inverter Product Portfolio
7.13.3 Slanvert Low and Medium-voltage Inverter Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Slanvert Main Business and Markets Served
7.13.5 Slanvert Recent Developments/Updates
7.14 Hiconics
7.14.1 Hiconics Low and Medium-voltage Inverter Corporation Information
7.14.2 Hiconics Low and Medium-voltage Inverter Product Portfolio
7.14.3 Hiconics Low and Medium-voltage Inverter Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Hiconics Main Business and Markets Served
7.14.5 Hiconics Recent Developments/Updates
7.15 STEP Electric Corporation
7.15.1 STEP Electric Corporation Low and Medium-voltage Inverter Corporation Information
7.15.2 STEP Electric Corporation Low and Medium-voltage Inverter Product Portfolio
7.15.3 STEP Electric Corporation Low and Medium-voltage Inverter Production, Value, Price and Gross Margin (2019-2024)
7.15.4 STEP Electric Corporation Main Business and Markets Served
7.15.5 STEP Electric Corporation Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Low and Medium-voltage Inverter Industry Chain Analysis
8.2 Low and Medium-voltage Inverter Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Low and Medium-voltage Inverter Production Mode & Process
8.4 Low and Medium-voltage Inverter Sales and Marketing
8.4.1 Low and Medium-voltage Inverter Sales Channels
8.4.2 Low and Medium-voltage Inverter Distributors
8.5 Low and Medium-voltage Inverter Customers
9 Low and Medium-voltage Inverter Market Dynamics
9.1 Low and Medium-voltage Inverter Industry Trends
9.2 Low and Medium-voltage Inverter Market Drivers
9.3 Low and Medium-voltage Inverter Market Challenges
9.4 Low and Medium-voltage Inverter Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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