WoodMac: Global solar inverter market expected to shrink in next 2 years

Posted on December 15, 2025 by Ritesh Pothan

The global solar inverter market will contract for two consecutive years, declining 2% to 577 GWAC in 2025 and a further 9% to 523 GWAC in 2026, according to Wood Mackenzie’s latest reporting. The downturn follows record shipments in 2024 and reflects market uncertainty across major regions including China, Europe and the United States. “The…

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About Ritesh Pothan

Ritesh Pothan, is an accomplished speaker and visionary in the Solar Energy space in India. Ritesh is from an Engineering Background with a Master’s Degree in Technology and had spent more than a decade as the Infrastructure Head for a public limited company with the last 9 years dedicated to Solar and Renewable Energy. He also runs the 2 largest India focused renewable energy groups on LinkedIn - Solar - India and Renewables - India
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