MARKET OVERVIEW
The 12V segment of the automatic transfer inverter market is projected to reach $185 million by 2031, growing at a CAGR of 6.1% over the next six years (2025–2031). This segment is gaining popularity due to its widespread application in RVs, off-grid systems, boats, emergency power setups, and solar hybrid systems.
MARKET SIZE & GROWTH
• The Global Automatic Transfer Inverters Market was valued at US$ 725.6 million in 2024.
• It is projected to reach US$ 995.8 million by 2032.
• The market is expected to grow at a CAGR of 4.3% from 2024 to 2032.