Off-Grid Solar Inverter Market Size

Off-Grid Solar Inverter Market Overview

The Off-Grid Solar Inverter Market size was valued at USD 3683.12million in 2024 and is expected to reach USD 8912.48million by 2033, growing at a CAGR of 7.7 % from 2025 to 2033.

The off-grid solar inverter market is experiencing substantial global growth due to rising demand for reliable power in remote and rural areas. As of 2024, over 980 million people worldwide lack access to grid electricity, and off-grid solar solutions are emerging as a cost-effective and sustainable alternative. Off-grid inverters are key components in such setups, converting direct current (DC) into alternating current (AC) for standalone systems. Micro inverters account for 22% of installations in off-grid residential systems, while string inverters and central inverters represent 31% and 47%, respectively. Demand for these systems is highest in Asia-Pacific and Sub-Saharan Africa, where electrification rates are below 75%.

The industrial and utility segments have begun deploying off-grid solar systems to support operations in remote locations, contributing to a 19% increase in installations over the last year. Hybrid integration with battery storage is becoming mainstream, with 58% of off-grid installations in 2024 utilizing battery-coupled inverter systems. These developments demonstrate the essential role off-grid solar inverters play in global energy access and decarbonization strategies.

Key Findings

DRIVER: Increasing energy access needs in rural and underserved regions.

COUNTRY/REGION: India leads in off-grid inverter installations, with over 2.4 million units deployed.

SEGMENT: Central inverters dominate off-grid utility-scale installations, accounting for 47% of demand.

Off-Grid Solar Inverter Market Trends

The market for off-grid solar inverters is driven by a surge in demand for decentralized energy systems. In 2023, off-grid solar system deployments increased by 27% in developing economies, with South Asia and Africa leading the growth. The commercial and industrial (C&I) segments are expanding their use of string inverters, especially in mobile towers and agricultural pumping stations. String inverters recorded a 21% year-over-year growth in C&I usage. Meanwhile, residential micro inverter installations surged by 18% in Latin America due to falling hardware costs and government incentives. T

echnological advances in MPPT (Maximum Power Point Tracking) capabilities have improved system efficiency by 12% compared to 2022 models. Inverter manufacturers are investing in integration with lithium-ion battery systems, and 63% of new product launches in 2024 feature compatibility with storage modules. Remote monitoring and IoT-enabled diagnostics have been integrated into 42% of off-grid inverters, allowing real-time data tracking and maintenance forecasting. Governments are promoting solar-plus-storage models in national electrification plans, creating a conducive policy framework. Furthermore, global initiatives such as ""Energy for All"" have funneled over $1.2 billion into off-grid solar infrastructure since 2023, boosting the demand for advanced inverter technologies.

Off-Grid Solar Inverter Market Dynamics

The off-grid solar inverter market is experiencing significant growth, driven by the increasing demand for reliable and sustainable energy solutions in remote and underserved regions. Off-grid solar inverters play a crucial role in converting direct current (DC) generated by solar panels into alternating current (AC) for use in areas without access to centralized power grids.

DRIVER

Increasing energy access needs in rural and underserved regions.

Globally, over 980 million individuals still lack access to electricity, especially in sub-Saharan Africa and South Asia. Off-grid solar solutions, enabled by inverters, offer a feasible alternative to centralized grids. In 2024 alone, off-grid solar installations in Kenya rose by 34%, driven by public-private partnerships and donor-funded electrification programs. These systems support critical infrastructure including health centers, schools, and small-scale industries. The low cost of maintenance and modular scalability make off-grid solar systems with inverters a preferred solution for governments aiming to meet Sustainable Development Goals. As a result, solar inverter companies have recorded double-digit growth in emerging markets.

RESTRAINT

Limited technical expertise and after-sales support in remote areas.

The effectiveness of off-grid inverters is heavily reliant on proper installation, system design, and maintenance. In regions like Central Africa and rural Southeast Asia, only 26% of solar inverter systems are supported by certified technicians, increasing the failure rate and downtime. Inverters require regular firmware updates and diagnostics, which can be challenging without trained personnel. Additionally, repair and component replacement is often delayed due to poor logistics infrastructure. As a result, some communities experience power interruptions and higher lifecycle costs, discouraging large-scale adoption in underserved areas.

OPPORTUNITY

Expansion of battery-integrated inverter systems for hybrid energy setups.

Battery-based off-grid solar systems are gaining ground due to their ability to store excess power and provide nighttime electricity. In 2023, 58% of off-grid inverter installations globally were integrated with lithium or lead-acid batteries. Hybrid systems are especially popular in remote mining and telecom operations. Governments and NGOs are promoting such systems with financial incentives and grants. For example, in Bangladesh, over 75,000 battery-supported solar systems were installed in off-grid villages in 2023. This trend opens new opportunities for inverter manufacturers to design intelligent, multi-functional inverters with smart load management, charging algorithms, and storage interface protocols.

CHALLENGE

High upfront investment and supply chain disruptions.

Although off-grid systems are cost-effective over the long term, initial investment remains a hurdle. Micro and string inverters used in rural electrification projects often require capital expenditure ranging between $300 to $1,500 per household, depending on system capacity. In 2023, supply chain issues caused a 17% spike in component costs due to semiconductor shortages and shipping delays. These factors limit the affordability and timely deployment of inverters in regions most in need. Furthermore, currency depreciation in emerging economies increases import costs, reducing the viability of foreign-manufactured inverter products.

Off-Grid Solar Inverter Market Segmentation

The segmentation of the off-grid solar inverter market provides critical insights into the diverse range of products and applications that shape demand across various end-user segments.

In 2024, the residential sector led the adoption of off-grid inverters, accounting for over 35% of installations globally, driven by rural electrification efforts and increasing consumer preference for self-reliant energy systems. Commercial and industrial users are also turning to off-grid solar inverters for cost savings and energy independence, particularly in regions with unreliable grid access. This segmentation highlights the versatility of off-grid solar inverter solutions and underscores the importance of tailoring product offerings to match specific energy needs across user categories.

By Type

Micro inverters are used predominantly in residential solar applications. In 2024, over 1.3 million micro inverters were deployed globally, representing 22% of off-grid installations. Their modular design allows panel-level optimization, making them ideal for rooftop systems. Adoption is strongest in North America and Western Europe.
String inverters are widely utilized in commercial and small industrial applications. They accounted for 31% of the off-grid inverter market in 2023. These inverters connect multiple solar panels in a string and are valued for their cost-efficiency and scalability. In India and Brazil, string inverters power more than 200,000 commercial off-grid setups.
Central inverters dominate utility-scale and industrial deployments, especially in remote or mini-grid locations. In 2024, they held a 47% market share, supporting large-scale power generation for mining, defense, and rural grid applications. China and parts of Africa have increased reliance on central inverters due to higher load capacity and system integration flexibility.

By Application

Residential off-grid systems comprised 28% of installations in 2023, often using micro or string inverters. Countries like Nepal and Nigeria have subsidized programs for solar home systems, with over 500,000 households benefiting from inverter-powered energy access.
Commercial usage, primarily in retail chains, agro-processing units, and hospitality, represented 22%. Southeast Asia leads this segment, where Thailand and the Philippines collectively reported 150,000 commercial off-grid units in 2024.
The industrial sector accounted for 18% of off-grid inverter installations. Telecom base stations, off-grid warehouses, and remote factories use high-efficiency string and central inverters to support uninterrupted operations.
Utility-scale off-grid installations comprised 25%, mostly for mini-grid projects. In Zambia, over 100 mini-grids were deployed in 2023 using central inverters for rural electrification.
This segment, including educational institutions, health clinics, and relief operations, held a 7% share. Humanitarian agencies installed 42,000 inverter-supported systems in disaster-hit zones in 2023.

Regional Outlook For off-grid solar inverter market

The regional outlook for the off-grid solar inverter market reveals a diverse and dynamic growth landscape shaped by energy access challenges, policy frameworks, and solar adoption rates across geographies. The regional outlook for the off-grid solar inverter market reflects a dynamic landscape shaped by energy access disparities, policy support, and renewable energy adoption rates across global regions.

Asia-Pacific leads the market, driven by rapid electrification initiatives in countries like India, Bangladesh, and Indonesia, where over 250 million people still lack reliable grid access. In India alone, government programs such as Saubhagya and PM-KUSUM have significantly boosted rural solar deployment, creating strong demand for off-grid inverters. Africa, particularly Sub-Saharan nations, represents one of the most promising markets due to high rates of energy poverty—over 500 million people remain off-grid—combined with growing international funding for solar microgrid projects.

North America

In North America, off-grid inverter adoption is growing in remote communities, eco-lodges, and ranches. The U.S. accounted for 410,000 off-grid inverter installations in 2023, driven by interest in energy independence. Canada’s northern provinces reported a 12% increase in off-grid solar projects targeting indigenous and isolated settlements. Hybrid inverter-battery systems are gaining momentum in rural Alaska.

Europe

Europe’s focus on sustainability and off-grid mobility solutions is driving inverter demand. Germany, France, and the UK lead installations, with over 320,000 off-grid units deployed in 2023. Micro inverters are popular in camper vans and remote holiday cottages. The EU’s Green Energy Finance Initiative allocated $90 million to support decentralized systems, accelerating adoption.

Asia-Pacific

Asia-Pacific is the largest market for off-grid solar inverters. India leads with 2.4 million units deployed, followed by China and Indonesia. Government-backed programs like Saubhagya in India and the National Solar Mission have fueled deployment. In Indonesia, island electrification projects accounted for 340,000 installations in 2023.

Middle East & Africa

Africa, especially Sub-Saharan regions, shows immense potential due to low electrification rates. Kenya, Nigeria, and Ethiopia together saw 860,000 off-grid inverter installations in 2023. Donor agencies supported over 250 microgrid projects using central inverters. In the Middle East, off-grid inverters are used in border security and desert agriculture in Saudi Arabia and the UAE.

List Of Top Off-Grid Solar Inverter Companies

SMA Solar Technology
GoodWe
ABB
Delta
TMEIC
Sofar
Sungrow
Huawei
INVT
Danfoss
Morningstar
Luminous
Su-Kam
Sol-Ark
Ginlong
Sorotec
SAKO
Havells
Tanfon

SMA Solar Technology: Operates in over 30 countries with over 2.8 million inverters deployed worldwide, including 600,000 off-grid systems.

Huawei: Holds a significant market share with over 3 million inverters sold, 720,000 of which are used in off-grid applications.

Investment Analysis And Opportunities

Investment in off-grid solar inverter technology has surged as governments and private entities prioritize rural electrification. In 2023, global investments in off-grid solar systems exceeded $2.1 billion, with 38% allocated to inverter technologies. India and Kenya attracted over $400 million combined for off-grid infrastructure expansion, supported by the World Bank and national renewable energy agencies. Companies like Sungrow and Delta invested over $100 million each in inverter R&D to enhance efficiency and battery integration capabilities. Public-private partnerships in Latin America are financing solar-powered micro-enterprises, requiring robust off-grid inverter setups. The rising trend of containerized off-grid systems—modular setups deployed for emergencies and field hospitals—is expanding the market. These prefabricated solar-inverter units have been deployed in over 23 countries since 2023. Another investment avenue is the leasing and pay-as-you-go model, which allows rural households to use inverter-based systems without upfront payment. In Uganda, this model resulted in a 60% increase in inverter adoption among off-grid homes. Venture capital interest has also risen, with over 50 startups funded in 2023 to innovate inverter control systems, cloud-based monitoring, and maintenance prediction algorithms.

New Product Development

Innovation in off-grid inverter design has accelerated in recent years, especially with integration into smart grid systems. In 2024, over 65% of new inverters featured advanced MPPT algorithms for better power conversion efficiency. Companies like Morningstar and Sol-Ark introduced ruggedized inverters for harsh climates, operating effectively from -25°C to 60°C. Huawei and Delta launched AI-enabled inverters with adaptive load balancing, reducing energy waste by 14%. Hybrid inverters with built-in battery management systems have become a norm, as seen in GoodWe’s GX series, which supports real-time battery status and auto-switching. Additionally, modular inverter designs are trending, allowing scalability without system overhauls. Remote firmware updates are now a standard feature, with 73% of 2024 releases supporting over-the-air updates. Open-source platforms are also being introduced to allow third-party integration for smart home systems. These developments not only enhance user convenience but also reduce maintenance needs and ensure higher system uptime. Manufacturers are also targeting specific niche needs, such as mobile clinics, off-grid labs, and rapid deployment kits for humanitarian missions.

Five Recent Development

In April 2025, Tigo Energy introduced an all-in-one off-grid solar solution tailored for residential applications. This package includes the Tigo EI Residential Solar Solution, offering DC-coupled configurations with either 20 kWh or 40 kWh of energy storage. The system integrates an inverter, battery, and other components to provide reliable energy in off-grid settings.
In April 2025, INVERGY launched its first off-grid inverter series for residential use in India. The new series, comprising ECO and PREMIUM models, offers power outputs ranging from 1.2 kW to 6.0 kW. These inverters aim to provide energy independence for households seeking alternatives to unreliable grid supply.
In November 2024, Solarwatt unveiled six new inverters and batteries as part of its Solarwatt Home line. This expansion reflects the company's strategy to offer comprehensive energy solutions for residential customers, enhancing energy independence and efficiency.
In January 2025, Bluetti introduced the Apex 300, a modular energy storage system designed for off-grid applications. The system offers 3,072 Wh of battery storage and a maximum AC output of 3,840 W, with the capability to scale up to 58 kWh. This flexibility makes it suitable for various uses, including home backup and off-grid living.
In September 2024, EcoFlow released its second-generation Power Kit, designed for off-grid applications such as RVs and cabins. The updated kit offers improved features, including increased storage capacity and quieter operation, catering to the growing demand for portable and efficient off-grid energy solutions.

Report Coverage Of Off-Grid Solar Inverter Market

The Off-Grid Solar Inverter Market report offers a detailed overview of the global landscape, with quantitative and qualitative analysis across key segments and regions. It includes segmentation by inverter type (Micro, String, Central) and by application (Residential, Commercial, Industrial, Utilities, and Others). The report highlights regional performance in North America, Europe, Asia-Pacific, and Middle East & Africa, with specific data on deployment volumes, use cases, and government initiatives. It evaluates market dynamics including major drivers, restraints, opportunities, and challenges, providing factual insights such as electrification rates, product integration levels, and investment flows. Key players such as SMA Solar Technology, Huawei, and Delta are profiled based on deployment figures, product portfolios, and innovation benchmarks. The report covers funding trends, policy incentives, donor-supported initiatives, and emerging technologies like IoT-based monitoring, hybrid compatibility, and open-source firmware. It also includes updates on new product launches, strategic partnerships, and expansion into untapped regions. The scope of this report enables stakeholders to understand both current market performance and future growth trajectories of the off-grid solar inverter sector globally.