Product Code: GVR-4-68040-631-6
Market Size & Trends:
The U.S. solar hybrid inverter market was valued at USD 2.96 billion in 2024 and is projected to grow at a CAGR of 8.3% from 2025 to 2030. The increasing adoption of solar-plus-storage systems across residential, commercial, and industrial sectors drives growth. Rising electricity costs, frequent grid disruptions, and growing interest in energy independence accelerate consumer demand for hybrid inverters, which combine solar generation, energy storage, and grid support in a single intelligent platform.
Federal clean energy policies and financial incentives are critical in expanding the U.S. solar hybrid inverter industry. Programs such as the Investment Tax Credit (ITC) and funding under the Inflation Reduction Act (IRA) have enhanced the affordability of hybrid systems, driving installations across U.S. households and businesses. Technological innovation continues to transform the market landscape, with leading manufacturers in the hybrid inverter industry developing solutions featuring improved efficiency, digital monitoring, and seamless integration with smart home and battery systems. Advancements in power electronics, real-time energy optimization, and grid-interactive capabilities enable smarter and more resilient solar infrastructure. As utilities modernize the grid and decarbonization goals take priority, the U.S. market is set to become a key enabler of a decentralized, sustainable, and consumer-centric energy future.
U.S. Solar Hybrid Inverter Market Report Segmentation
This report forecasts revenue growth and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the U.S. solar hybrid inverter market report based on product and end use:
- Solar Hybrid Inverter Product Outlook (Revenue, USD Million, 2018 - 2030)
- Three-Phase Hybrid
- Single-Phase Hybrid
- Solar Hybrid Inverter End Use Outlook (Revenue, USD Million, 2018 - 2030)
- Commercial
- Residential
- Others
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. U.S. Solar Hybrid Inverter Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. Macro-environmental Analysis
Chapter 4. U.S. Hot Rolled Coil Steel Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. U.S. Solar Hybrid Inverter Market Thickness Movement Analysis & Market Share, 2024 & 2030
- 4.3. Three-Phase Hybrid
- 4.3.1. U.S. Three-Phase Hybrid Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Single-Phase Hybrid
- 4.4.1. U.S. Single-Phase Hybrid Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. U.S. Hot Rolled Coil Steel Market: End-Use Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. U.S. Hot Rolled Coil Steel Market: End-Use Movement Analysis & Market Share, 2024 & 2030
- 5.3. Commercial
- 5.3.1. U.S. Commercial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Residential
- 5.4.1. U.S. Residential Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Others
- 5.5.1. U.S. Others Market Revenue Estimates and Forecasts, 2018 - 2030. (USD Million)
Chapter 6. U.S. Solar Hybrid Inverter Market - Competitive Landscape
- 6.1. Recent Developments & Impact Analysis, By Key Market Participants
- 6.2. Company Categorization
- 6.3. Company Heat Map
- 6.4. Position Analysis, 2024
- 6.5. Strategy Mapping
- 6.5.1. Expansion
- 6.5.2. Mergers & Acquisition
- 6.5.3. Partnerships & Collaborations
- 6.5.4. New Product Launches
- 6.5.5. Research and Development
- 6.6. Company Profiles
- 6.6.1. Sol-Ark, LLC
- 6.6.1.1. Participant's overview
- 6.6.1.2. Financial performance
- 6.6.1.3. Product benchmarking
- 6.6.1.4. Recent developments
- 6.6.2. Enphase Energy
- 6.6.2.1. Participant's overview
- 6.6.2.2. Financial performance
- 6.6.2.3. Product benchmarking
- 6.6.2.4. Recent developments
- 6.6.3. Outbackpower
- 6.6.3.1. Participant's overview
- 6.6.3.2. Financial performance
- 6.6.3.3. Product benchmarking
- 6.6.3.4. Recent developments
- 6.6.4. MidNite Solar Inc.
- 6.6.4.1. Participant's overview
- 6.6.4.2. Financial performance
- 6.6.4.3. Product benchmarking
- 6.6.4.4. Recent developments
- 6.6.5. EG4 Electronics
- 6.6.5.1. Participant's overview
- 6.6.5.2. Financial performance
- 6.6.5.3. Product benchmarking
- 6.6.5.4. Recent developments
- 6.6.6. Chilicon Power, LLC.
- 6.6.6.1. Participant's overview
- 6.6.6.2. Financial performance
- 6.6.6.3. Product benchmarking
- 6.6.6.4. Recent developments
- 6.6.7. Morningstar Corporation
- 6.6.7.1. Participant's overview
- 6.6.7.2. Financial performance
- 6.6.7.3. Product benchmarking
- 6.6.7.4. Recent developments
- 6.6.8. Altenergy Power Systems Inc.
- 6.6.8.1. Participant's overview
- 6.6.8.2. Financial performance
- 6.6.8.3. Product benchmarking
- 6.6.8.4. Recent developments
- 6.6.9. Tigo Energy, Inc.
- 6.6.9.1. Participant's overview
- 6.6.9.2. Financial performance
- 6.6.9.3. Product benchmarking
- 6.6.9.4. Recent developments