Photovoltaic + energy storage is developing rapidly, corresponding to a scale of 100 billion in 2023
The global inverter market size is expected to exceed 100 billion in 2023, with a CAGR of 18% from 2021 to 2025, with energy storage converters contributing the largest increase. According to our calculations, from 2022 to 2025, the domestic PV inverter market will be 149/165/181/19.6 billion yuan, the overseas PV inverter market will be 546/605/644/69.4 billion yuan, and the global energy storage converter market will be 546/605/644/69.4 billion yuan. The scale is 200/280/330/37.5 billion yuan, and the global inverter market scale is 895/1049/1155/126.5 billion yuan, of which energy storage converters account for 22%/27%/29% of the overall scale /30%.
BQC also pays close attention to the future development trend of photovoltaic + energy storage, and strives to make its own contribution to the future development of the market.
