In 2023, the production volume of inverters with a power handling capacity greater than 7.5 kVA in Germany stood at 967,000 items. From 2024 to 2028, production is forecasted to show a consistent year-on-year growth trend, with an average annual increase (CAGR) of approximately 2.4%. Specifically, year-on-year growth is projected at roughly 2.5% in 2024, 2.5% in 2025, and then slightly tapering off to 2.1% by 2028.
Future trends to watch for include potential impacts of energy policies promoting renewable energy adoption and advancements in inverter technology, which may drive demand higher or alter production requirements.
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