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| Application Area | Inverter Type | Charger Type | Market Share (%) | Growth Rate (%) |
|---|---|---|---|---|
| Residential | Modified Sine Wave | Lead Acid | 25 | 8 |
| Commercial | Pure Sine Wave | Lithium-ion | 30 | 10 |
| Industrial | Off-grid Inverter | AGM | 20 | 7 |
| Automotive | Batteries | NMC | 15 | 5 |
| Telecommunication | DC Inverter | Lead Acid | 10 | 6 |