The production of inverters with a power handling capacity above 7.5 kVA in the UK is set to steadily increase from 2024 to 2028, with each subsequent year slightly outpacing the previous one. In 2023, the sold production value stood at 134.50 million Euros. The forecast predicts year-on-year growth rates starting around 0.73% for 2025, slightly declining to around 0.69% by 2028. The Compound Annual Growth Rate (CAGR) over this period is estimated at approximately 0.72%.

Future trends to watch for include:

The impact of renewable energy policies accelerating inverter demand.
The role of technological advancements enhancing inverter efficiency and capacities.
Potential fluctuations in market demand aligning with macroeconomic conditions.