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Global String Inverter Market Research Report 2025
Synopsis
A string inverter is a device for converting DC to AC power and which is designed for high voltage DC inputs.
The global String Inverter market was valued at US$ 7003.1 million in 2023 and is anticipated to reach US$ 8531.3 million by 2030, witnessing a CAGR of 2.8% during the forecast period 2024-2030.
Global key players of String Inverters include HUAWEI, Sungrow Power Supply Co., Ltd, SMA, GOODWE, FIMER and SINENG, etc. Top five players occupy for a share about 62%. China is the largest market, with a share about 69%, followed by Europe and North America. In terms of product, 30-40KW String Inverters is the largest segment, with a share over 27%. In terms of application, Household Use is the largest market, with a share over 51%.
This report aims to provide a comprehensive presentation of the global market for String Inverter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding String Inverter.
Report Scope
The String Inverter market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global String Inverter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the String Inverter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SMA Solar Technology
Solaredge Technologies
Schneider Electric Solar
ABB
Sungrow Power Supply
Fronius
Solarmax
Yaskawa-Solectria Solar
Ginlong Technologies
Delta Energy System
Samil Power
KACO New Energy
Chint Power Systems
Huawei Technologies
Growatt New Energy Technology
Segment by Type
On-Grid String Inverter
Off-Grid String Inverter
Segment by Application
Residential
Commercial & Industrial
Utilities
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of String Inverter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of String Inverter by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of String Inverter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
A string inverter is a device for converting DC to AC power and which is designed for high voltage DC inputs.
The global String Inverter market was valued at US$ 7003.1 million in 2023 and is anticipated to reach US$ 8531.3 million by 2030, witnessing a CAGR of 2.8% during the forecast period 2024-2030.
Global key players of String Inverters include HUAWEI, Sungrow Power Supply Co., Ltd, SMA, GOODWE, FIMER and SINENG, etc. Top five players occupy for a share about 62%. China is the largest market, with a share about 69%, followed by Europe and North America. In terms of product, 30-40KW String Inverters is the largest segment, with a share over 27%. In terms of application, Household Use is the largest market, with a share over 51%.
This report aims to provide a comprehensive presentation of the global market for String Inverter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding String Inverter.
Report Scope
The String Inverter market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global String Inverter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the String Inverter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SMA Solar Technology
Solaredge Technologies
Schneider Electric Solar
ABB
Sungrow Power Supply
Fronius
Solarmax
Yaskawa-Solectria Solar
Ginlong Technologies
Delta Energy System
Samil Power
KACO New Energy
Chint Power Systems
Huawei Technologies
Growatt New Energy Technology
Segment by Type
On-Grid String Inverter
Off-Grid String Inverter
Segment by Application
Residential
Commercial & Industrial
Utilities
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of String Inverter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of String Inverter by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of String Inverter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 String Inverter Market Overview
1.1 Product Definition
1.2 String Inverter Segment by Type
1.2.1 Global String Inverter Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 On-Grid String Inverter
1.2.3 Off-Grid String Inverter
1.3 String Inverter Segment by Application
1.3.1 Global String Inverter Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial & Industrial
1.3.4 Utilities
1.4 Global Market Growth Prospects
1.4.1 Global String Inverter Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global String Inverter Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global String Inverter Production Estimates and Forecasts (2019-2030)
1.4.4 Global String Inverter Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global String Inverter Production Market Share by Manufacturers (2019-2024)
2.2 Global String Inverter Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of String Inverter, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global String Inverter Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global String Inverter Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of String Inverter, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of String Inverter, Product Offered and Application
2.8 Global Key Manufacturers of String Inverter, Date of Enter into This Industry
2.9 String Inverter Market Competitive Situation and Trends
2.9.1 String Inverter Market Concentration Rate
2.9.2 Global 5 and 10 Largest String Inverter Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 String Inverter Production by Region
3.1 Global String Inverter Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global String Inverter Production Value by Region (2019-2030)
3.2.1 Global String Inverter Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of String Inverter by Region (2025-2030)
3.3 Global String Inverter Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global String Inverter Production by Region (2019-2030)
3.4.1 Global String Inverter Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of String Inverter by Region (2025-2030)
3.5 Global String Inverter Market Price Analysis by Region (2019-2024)
3.6 Global String Inverter Production and Value, Year-over-Year Growth
3.6.1 North America String Inverter Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe String Inverter Production Value Estimates and Forecasts (2019-2030)
3.6.3 China String Inverter Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan String Inverter Production Value Estimates and Forecasts (2019-2030)
4 String Inverter Consumption by Region
4.1 Global String Inverter Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global String Inverter Consumption by Region (2019-2030)
4.2.1 Global String Inverter Consumption by Region (2019-2024)
4.2.2 Global String Inverter Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America String Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America String Inverter Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe String Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe String Inverter Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific String Inverter Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific String Inverter Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa String Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa String Inverter Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global String Inverter Production by Type (2019-2030)
5.1.1 Global String Inverter Production by Type (2019-2024)
5.1.2 Global String Inverter Production by Type (2025-2030)
5.1.3 Global String Inverter Production Market Share by Type (2019-2030)
5.2 Global String Inverter Production Value by Type (2019-2030)
5.2.1 Global String Inverter Production Value by Type (2019-2024)
5.2.2 Global String Inverter Production Value by Type (2025-2030)
5.2.3 Global String Inverter Production Value Market Share by Type (2019-2030)
5.3 Global String Inverter Price by Type (2019-2030)
6 Segment by Application
6.1 Global String Inverter Production by Application (2019-2030)
6.1.1 Global String Inverter Production by Application (2019-2024)
6.1.2 Global String Inverter Production by Application (2025-2030)
6.1.3 Global String Inverter Production Market Share by Application (2019-2030)
6.2 Global String Inverter Production Value by Application (2019-2030)
6.2.1 Global String Inverter Production Value by Application (2019-2024)
6.2.2 Global String Inverter Production Value by Application (2025-2030)
6.2.3 Global String Inverter Production Value Market Share by Application (2019-2030)
6.3 Global String Inverter Price by Application (2019-2030)
7 Key Companies Profiled
7.1 SMA Solar Technology
7.1.1 SMA Solar Technology String Inverter Corporation Information
7.1.2 SMA Solar Technology String Inverter Product Portfolio
7.1.3 SMA Solar Technology String Inverter Production, Value, Price and Gross Margin (2019-2024)
7.1.4 SMA Solar Technology Main Business and Markets Served
7.1.5 SMA Solar Technology Recent Developments/Updates
7.2 Solaredge Technologies
7.2.1 Solaredge Technologies String Inverter Corporation Information
7.2.2 Solaredge Technologies String Inverter Product Portfolio
7.2.3 Solaredge Technologies String Inverter Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Solaredge Technologies Main Business and Markets Served
7.2.5 Solaredge Technologies Recent Developments/Updates
7.3 Schneider Electric Solar
7.3.1 Schneider Electric Solar String Inverter Corporation Information
7.3.2 Schneider Electric Solar String Inverter Product Portfolio
7.3.3 Schneider Electric Solar String Inverter Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Schneider Electric Solar Main Business and Markets Served
7.3.5 Schneider Electric Solar Recent Developments/Updates
7.4 ABB
7.4.1 ABB String Inverter Corporation Information
7.4.2 ABB String Inverter Product Portfolio
7.4.3 ABB String Inverter Production, Value, Price and Gross Margin (2019-2024)
7.4.4 ABB Main Business and Markets Served
7.4.5 ABB Recent Developments/Updates
7.5 Sungrow Power Supply
7.5.1 Sungrow Power Supply String Inverter Corporation Information
7.5.2 Sungrow Power Supply String Inverter Product Portfolio
7.5.3 Sungrow Power Supply String Inverter Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Sungrow Power Supply Main Business and Markets Served
7.5.5 Sungrow Power Supply Recent Developments/Updates
7.6 Fronius
7.6.1 Fronius String Inverter Corporation Information
7.6.2 Fronius String Inverter Product Portfolio
7.6.3 Fronius String Inverter Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Fronius Main Business and Markets Served
7.6.5 Fronius Recent Developments/Updates
7.7 Solarmax
7.7.1 Solarmax String Inverter Corporation Information
7.7.2 Solarmax String Inverter Product Portfolio
7.7.3 Solarmax String Inverter Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Solarmax Main Business and Markets Served
7.7.5 Solarmax Recent Developments/Updates
7.8 Yaskawa-Solectria Solar
7.8.1 Yaskawa-Solectria Solar String Inverter Corporation Information
7.8.2 Yaskawa-Solectria Solar String Inverter Product Portfolio
7.8.3 Yaskawa-Solectria Solar String Inverter Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Yaskawa-Solectria Solar Main Business and Markets Served
7.7.5 Yaskawa-Solectria Solar Recent Developments/Updates
7.9 Ginlong Technologies
7.9.1 Ginlong Technologies String Inverter Corporation Information
7.9.2 Ginlong Technologies String Inverter Product Portfolio
7.9.3 Ginlong Technologies String Inverter Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Ginlong Technologies Main Business and Markets Served
7.9.5 Ginlong Technologies Recent Developments/Updates
7.10 Delta Energy System
7.10.1 Delta Energy System String Inverter Corporation Information
7.10.2 Delta Energy System String Inverter Product Portfolio
7.10.3 Delta Energy System String Inverter Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Delta Energy System Main Business and Markets Served
7.10.5 Delta Energy System Recent Developments/Updates
7.11 Samil Power
7.11.1 Samil Power String Inverter Corporation Information
7.11.2 Samil Power String Inverter Product Portfolio
7.11.3 Samil Power String Inverter Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Samil Power Main Business and Markets Served
7.11.5 Samil Power Recent Developments/Updates
7.12 KACO New Energy
7.12.1 KACO New Energy String Inverter Corporation Information
7.12.2 KACO New Energy String Inverter Product Portfolio
7.12.3 KACO New Energy String Inverter Production, Value, Price and Gross Margin (2019-2024)
7.12.4 KACO New Energy Main Business and Markets Served
7.12.5 KACO New Energy Recent Developments/Updates
7.13 Chint Power Systems
7.13.1 Chint Power Systems String Inverter Corporation Information
7.13.2 Chint Power Systems String Inverter Product Portfolio
7.13.3 Chint Power Systems String Inverter Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Chint Power Systems Main Business and Markets Served
7.13.5 Chint Power Systems Recent Developments/Updates
7.14 Huawei Technologies
7.14.1 Huawei Technologies String Inverter Corporation Information
7.14.2 Huawei Technologies String Inverter Product Portfolio
7.14.3 Huawei Technologies String Inverter Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Huawei Technologies Main Business and Markets Served
7.14.5 Huawei Technologies Recent Developments/Updates
7.15 Growatt New Energy Technology
7.15.1 Growatt New Energy Technology String Inverter Corporation Information
7.15.2 Growatt New Energy Technology String Inverter Product Portfolio
7.15.3 Growatt New Energy Technology String Inverter Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Growatt New Energy Technology Main Business and Markets Served
7.15.5 Growatt New Energy Technology Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 String Inverter Industry Chain Analysis
8.2 String Inverter Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 String Inverter Production Mode & Process
8.4 String Inverter Sales and Marketing
8.4.1 String Inverter Sales Channels
8.4.2 String Inverter Distributors
8.5 String Inverter Customers
9 String Inverter Market Dynamics
9.1 String Inverter Industry Trends
9.2 String Inverter Market Drivers
9.3 String Inverter Market Challenges
9.4 String Inverter Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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