Global String Inverter Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2023 to 2030

List of Tables

The global demand for String Inverter Market is presumed to reach the market size of nearly USD 10.35 BN by 2030 from USD 5.02 BN in 2022 with a CAGR of 9.45% under the study period 2023 - 2030.

A string inverter is a type of solar inverter used in photovoltaic (PV) solar energy systems. The main function involves converting the DC electricity generated by solar panels into AC electricity. This converted AC electricity is then suitable for powering residences, commercial establishments, and the electrical grid. These are a common choice for residential and commercial solar installations.

MARKET DYNAMICS:

The increasing adoption of solar energy for residential and commercial applications was a primary driver, with string inverters being a cost-effective choice for various projects. Its affordability, compatibility with different solar panels, and simplified installation processes made them popular, especially in smaller installations like residential rooftops. Continuous improvements in efficiency, monitoring capabilities, and communication features kept string inverters competitive and appealing to consumers and installers. The broader growth of the solar industry, driven by policy support, renewable energy goals, and global sustainability initiatives, contributed to the demand for string inverters.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of string inverter. The growth and trends of string inverter industry provide a holistic approach to this study.

MARKET SEGMENTATION:

This section of the string inverter market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By System Type

On-Grid
Off-Grid

By Phase

Single-Phase
Three-Phase

By End-Users

Residential
Commercial & Industrial
Utilities

By Power Rating

Up To 10 Kw
11 Kw-40 Kw
41 Kw-80 Kw
Above 80 Kw

REGIONAL ANALYSIS:

This section covers the regional outlook, which accentuates current and future demand for the String Inverter market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the String Inverter market include KACO New Energy GmbH (Germany), Delta Energy Systems GmbH (Germany), ABB Limited (Switzerland), Chint Power Systems Co., Ltd. (China), Ningbo Ginlong Technologies (China), Samil Power Co., Ltd. (China), Fronius International GmbH (Austria), SMA Solar Technology AG (Germany), and Huawei Technologies Co. Ltd. (China),. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR112111898

1 . PREFACE

1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3 . STRING INVERTER - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By System Type
- 3.7.2 Market Attractiveness Analysis By Phase
- 3.7.3 Market Attractiveness Analysis By End-Users
- 3.7.4 Market Attractiveness Analysis By Power Rating
- 3.7.5 Market Attractiveness Analysis By Region

4 . VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend

5 . GLOBAL STRING INVERTER MARKET ANALYSIS BY SYSTEM TYPE

5.1 Overview by System Type
5.2 Historical and Forecast Data
5.3 Analysis by System Type
5.4 On-Grid Historic and Forecast Sales by Regions
5.5 Off-Grid Historic and Forecast Sales by Regions

6 . GLOBAL STRING INVERTER MARKET ANALYSIS BY PHASE

6.1 Overview by Phase
6.2 Historical and Forecast Data
6.3 Analysis by Phase
6.4 Single-Phase Historic and Forecast Sales by Regions
6.5 Three-Phase Historic and Forecast Sales by Regions

7 . GLOBAL STRING INVERTER MARKET ANALYSIS BY END-USERS

7.1 Overview by End-Users
7.2 Historical and Forecast Data
7.3 Analysis by End-Users
7.4 Residential Historic and Forecast Sales by Regions
7.5 Commercial & Industrial Historic and Forecast Sales by Regions
7.6 Utilities Historic and Forecast Sales by Regions

8 . GLOBAL STRING INVERTER MARKET ANALYSIS BY POWER RATING

8.1 Overview by Power Rating
8.2 Historical and Forecast Data
8.3 Analysis by Power Rating
8.4 Up To 10 KW Historic and Forecast Sales by Regions
8.5 11 kW-40 Kw Historic and Forecast Sales by Regions
8.6 41 kW-80 KW Historic and Forecast Sales by Regions
8.7 Above 80 KW Historic and Forecast Sales by Regions

9 . GLOBAL STRING INVERTER MARKET ANALYSIS BY GEOGRAPHY

9.1. Regional Outlook
9.2. Introduction
9.3. North America Sales Analysis
- 9.3.1. Overview, Historic and Forecast Data Sales Analysis
- 9.3.2. North America By Segment Sales Analysis
- 9.3.3. North America By Country Sales Analysis
- 9.3.4. United State Sales Analysis
- 9.3.5. Canada Sales Analysis
- 9.3.6. Mexico Sales Analysis
9.4. Europe Sales Analysis
- 9.4.1. Overview, Historic and Forecast Data Sales Analysis
- 9.4.2. Europe by Segment Sales Analysis
- 9.4.3. Europe by Country Sales Analysis
- 9.4.4. United Kingdom Sales Analysis
- 9.4.5. France Sales Analysis
- 9.4.6. Germany Sales Analysis
- 9.4.7. Italy Sales Analysis
- 9.4.8. Russia Sales Analysis
- 9.4.9. Rest Of Europe Sales Analysis
9.5. Asia Pacific Sales Analysis
- 9.5.1. Overview, Historic and Forecast Data Sales Analysis
- 9.5.2. Asia Pacific by Segment Sales Analysis
- 9.5.3. Asia Pacific by Country Sales Analysis
- 9.5.4. China Sales Analysis
- 9.5.5. India Sales Analysis
- 9.5.6. Japan Sales Analysis
- 9.5.7. South Korea Sales Analysis
- 9.5.8. Australia Sales Analysis
- 9.5.9. South East Asia Sales Analysis
- 9.5.10. Rest Of Asia Pacific Sales Analysis
9.6. Latin America Sales Analysis
- 9.6.1. Overview, Historic and Forecast Data Sales Analysis
- 9.6.2. Latin America by Segment Sales Analysis
- 9.6.3. Latin America by Country Sales Analysis
- 9.6.4. Brazil Sales Analysis
- 9.6.5. Argentina Sales Analysis
- 9.6.6. Peru Sales Analysis
- 9.6.7. Chile Sales Analysis
- 9.6.8. Rest of Latin America Sales Analysis
9.7. Middle East & Africa Sales Analysis
- 9.7.1. Overview, Historic and Forecast Data Sales Analysis
- 9.7.2. Middle East & Africa by Segment Sales Analysis
- 9.7.3. Middle East & Africa by Country Sales Analysis
- 9.7.4. Saudi Arabia Sales Analysis
- 9.7.5. UAE Sales Analysis
- 9.7.6. Israel Sales Analysis
- 9.7.7. South Africa Sales Analysis
- 9.7.8. Rest Of Middle East And Africa Sales Analysis

10 . COMPETITIVE LANDSCAPE OF THE STRING INVERTER COMPANIES

10.1. String Inverter Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments

11 . COMPANY PROFILES OF STRING INVERTER INDUSTRY

11.1. Company Share Analysis
11.2. Market Concentration Rate
11.3. KACO New Energy GmbH (Germany)
- 11.3.1. Company Overview
- 11.3.2. Company Revenue
- 11.3.3. Products
- 11.3.4. Recent Developments
11.4. Delta Energy Systems GmbH (Germany)
- 11.4.1. Company Overview
- 11.4.2. Company Revenue
- 11.4.3. Products
- 11.4.4. Recent Developments
11.5. ABB Limited (Switzerland)
- 11.5.1. Company Overview
- 11.5.2. Company Revenue
- 11.5.3. Products
- 11.5.4. Recent Developments
11.6. Chint Power Systems Co. Ltd. (China)
- 11.6.1. Company Overview
- 11.6.2. Company Revenue
- 11.6.3. Products
- 11.6.4. Recent Developments
11.7. Ningbo Ginlong Technologies (China)
- 11.7.1. Company Overview
- 11.7.2. Company Revenue
- 11.7.3. Products
- 11.7.4. Recent Developments
11.8. Samil Power Co. Ltd. (China)
- 11.8.1. Company Overview
- 11.8.2. Company Revenue
- 11.8.3. Products
- 11.8.4. Recent Developments
11.9. Fronius International GmbH (Austria)
- 11.9.1. Company Overview
- 11.9.2. Company Revenue
- 11.9.3. Products
- 11.9.4. Recent Developments
11.10. SMA Solar Technology AG (Germany)
- 11.10.1. Company Overview
- 11.10.2. Company Revenue
- 11.10.3. Products
- 11.10.4. Recent Developments
11.11. Huawei Technologies Co. Ltd. (China)
- 11.11.1. Company Overview
- 11.11.2. Company Revenue
- 11.11.3. Products
- 11.11.4. Recent Developments

Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies