Grid-Forming Inverter (GFMI) Market Share, Size, Global Trends, Forecast Till 2030 – Delvens

The global Grid-Forming Inverter (GFMI) Market size was estimated at USD 670 million in 2025 and is projected to reach USD 1209 million in 2030 at a CAGR of 8.8% during the forecast period 2023-2030.

Inverters are devices that act as a bridge between the power grid and energy sources like solar panels, wind turbines, and energy storage devices. Grid-forming inverters are a type of inverter that can control voltage and frequency, which makes them more efficient and better at managing power than grid-following inverters.