Industry: Machinery & Equipment
Published Date: 2024-04-25
Pages: 116 Pages
Report ld: 3061476
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String Inverter Market Size(US$)

CAGR 2024-2030
2.8%
Market Size,2030
USD 8,531.3
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
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 is projected to grow from US$ 7228.6 million in 2024 to US$ 8531.3 million by 2030, at a Compound Annual Growth Rate (CAGR) of 2.8% during the forecast period.
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%.
In terms of production side, this report researches the String Inverter production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.
In terms of consumption side, this report focuses on the sales of String Inverter by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.
Report Covers:
This report presents an overview of global market for String Inverter, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of String Inverter, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for String Inverter, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the String Inverter sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global String Inverter market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for String Inverter sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including SMA Solar Technology, Solaredge Technologies, Schneider Electric Solar, ABB, Sungrow Power Supply, Fronius, Solarmax, Yaskawa-Solectria Solar and Ginlong Technologies, etc.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and 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: String Inverter production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of String Inverter in global, 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 of each country in the world.
Chapter 4: Detailed analysis of String Inverter manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, 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 sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: China by Type, and by Application, sales, and revenue for each segment.
Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, String Inverter sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: 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 15: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Study Coverage
1.1 String Inverter Product Introduction
1.2 Market by Type
1.2.1 Global String Inverter Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 On-Grid String Inverter
1.2.3 Off-Grid String Inverter
1.3 Market by Application
1.3.1 Global String Inverter Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial & Industrial
1.3.4 Utilities
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global String Inverter Production
2.1 Global String Inverter Production Capacity (2019-2030)
2.2 Global String Inverter Production by Region: 2019 VS 2023 VS 2030
2.3 Global String Inverter Production by Region
2.3.1 Global String Inverter Historic Production by Region (2019-2024)
2.3.2 Global String Inverter Forecasted Production by Region (2025-2030)
2.3.3 Global String Inverter Production Market Share by Region (2019-2030)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
3 Executive Summary
3.1 Global String Inverter Revenue Estimates and Forecasts 2019-2030
3.2 Global String Inverter Revenue by Region
3.2.1 Global String Inverter Revenue by Region: 2019 VS 2023 VS 2030
3.2.2 Global String Inverter Revenue by Region (2019-2024)
3.2.3 Global String Inverter Revenue by Region (2025-2030)
3.2.4 Global String Inverter Revenue Market Share by Region (2019-2030)
3.3 Global String Inverter Sales Estimates and Forecasts 2019-2030
3.4 Global String Inverter Sales by Region
3.4.1 Global String Inverter Sales by Region: 2019 VS 2023 VS 2030
3.4.2 Global String Inverter Sales by Region (2019-2024)
3.4.3 Global String Inverter Sales by Region (2025-2030)
3.4.4 Global String Inverter Sales Market Share by Region (2019-2030)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufactures
4.1 Global String Inverter Sales by Manufacturers
4.1.1 Global String Inverter Sales by Manufacturers (2019-2024)
4.1.2 Global String Inverter Sales Market Share by Manufacturers (2019-2024)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of String Inverter in 2023
4.2 Global String Inverter Revenue by Manufacturers
4.2.1 Global String Inverter Revenue by Manufacturers (2019-2024)
4.2.2 Global String Inverter Revenue Market Share by Manufacturers (2019-2024)
4.2.3 Global Top 10 and Top 5 Companies by String Inverter Revenue in 2023
4.3 Global String Inverter Sales Price by Manufacturers
4.4 Global Key Players of String Inverter, Industry Ranking, 2022 VS 2023 VS 2024
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global String Inverter Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of String Inverter, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of String Inverter, Product Offered and Application
4.8 Global Key Manufacturers of String Inverter, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global String Inverter Sales by Type
5.1.1 Global String Inverter Historical Sales by Type (2019-2024)
5.1.2 Global String Inverter Forecasted Sales by Type (2025-2030)
5.1.3 Global String Inverter Sales Market Share by Type (2019-2030)
5.2 Global String Inverter Revenue by Type
5.2.1 Global String Inverter Historical Revenue by Type (2019-2024)
5.2.2 Global String Inverter Forecasted Revenue by Type (2025-2030)
5.2.3 Global String Inverter Revenue Market Share by Type (2019-2030)
5.3 Global String Inverter Price by Type
5.3.1 Global String Inverter Price by Type (2019-2024)
5.3.2 Global String Inverter Price Forecast by Type (2025-2030)
6 Market Size by Application
6.1 Global String Inverter Sales by Application
6.1.1 Global String Inverter Historical Sales by Application (2019-2024)
6.1.2 Global String Inverter Forecasted Sales by Application (2025-2030)
6.1.3 Global String Inverter Sales Market Share by Application (2019-2030)
6.2 Global String Inverter Revenue by Application
6.2.1 Global String Inverter Historical Revenue by Application (2019-2024)
6.2.2 Global String Inverter Forecasted Revenue by Application (2025-2030)
6.2.3 Global String Inverter Revenue Market Share by Application (2019-2030)
6.3 Global String Inverter Price by Application
6.3.1 Global String Inverter Price by Application (2019-2024)
6.3.2 Global String Inverter Price Forecast by Application (2025-2030)
7 US & Canada
7.1 US & Canada String Inverter Market Size by Type
7.1.1 US & Canada String Inverter Sales by Type (2019-2030)
7.1.2 US & Canada String Inverter Revenue by Type (2019-2030)
7.2 US & Canada String Inverter Market Size by Application
7.2.1 US & Canada String Inverter Sales by Application (2019-2030)
7.2.2 US & Canada String Inverter Revenue by Application (2019-2030)
7.3 US & Canada String Inverter Sales by Country
7.3.1 US & Canada String Inverter Revenue by Country: 2019 VS 2023 VS 2030
7.3.2 US & Canada String Inverter Sales by Country (2019-2030)
7.3.3 US & Canada String Inverter Revenue by Country (2019-2030)
7.3.4 U.S.
7.3.5 Canada
8 Europe
8.1 Europe String Inverter Market Size by Type
8.1.1 Europe String Inverter Sales by Type (2019-2030)
8.1.2 Europe String Inverter Revenue by Type (2019-2030)
8.2 Europe String Inverter Market Size by Application
8.2.1 Europe String Inverter Sales by Application (2019-2030)
8.2.2 Europe String Inverter Revenue by Application (2019-2030)
8.3 Europe String Inverter Sales by Country
8.3.1 Europe String Inverter Revenue by Country: 2019 VS 2023 VS 2030
8.3.2 Europe String Inverter Sales by Country (2019-2030)
8.3.3 Europe String Inverter Revenue by Country (2019-2030)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China String Inverter Market Size by Type
9.1.1 China String Inverter Sales by Type (2019-2030)
9.1.2 China String Inverter Revenue by Type (2019-2030)
9.2 China String Inverter Market Size by Application
9.2.1 China String Inverter Sales by Application (2019-2030)
9.2.2 China String Inverter Revenue by Application (2019-2030)
10 Asia (excluding China)
10.1 Asia String Inverter Market Size by Type
10.1.1 Asia String Inverter Sales by Type (2019-2030)
10.1.2 Asia String Inverter Revenue by Type (2019-2030)
10.2 Asia String Inverter Market Size by Application
10.2.1 Asia String Inverter Sales by Application (2019-2030)
10.2.2 Asia String Inverter Revenue by Application (2019-2030)
10.3 Asia String Inverter Sales by Region
10.3.1 Asia String Inverter Revenue by Region: 2019 VS 2023 VS 2030
10.3.2 Asia String Inverter Revenue by Region (2019-2030)
10.3.3 Asia String Inverter Sales by Region (2019-2030)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America String Inverter Market Size by Type
11.1.1 Middle East, Africa and Latin America String Inverter Sales by Type (2019-2030)
11.1.2 Middle East, Africa and Latin America String Inverter Revenue by Type (2019-2030)
11.2 Middle East, Africa and Latin America String Inverter Market Size by Application
11.2.1 Middle East, Africa and Latin America String Inverter Sales by Application (2019-2030)
11.2.2 Middle East, Africa and Latin America String Inverter Revenue by Application (2019-2030)
11.3 Middle East, Africa and Latin America String Inverter Sales by Country
11.3.1 Middle East, Africa and Latin America String Inverter Revenue by Country: 2019 VS 2023 VS 2030
11.3.2 Middle East, Africa and Latin America String Inverter Revenue by Country (2019-2030)
11.3.3 Middle East, Africa and Latin America String Inverter Sales by Country (2019-2030)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profiles
12.1 SMA Solar Technology
12.1.1 SMA Solar Technology Company Information
12.1.2 SMA Solar Technology Overview
12.1.3 SMA Solar Technology String Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.1.4 SMA Solar Technology String Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 SMA Solar Technology Recent Developments
12.2 Solaredge Technologies
12.2.1 Solaredge Technologies Company Information
12.2.2 Solaredge Technologies Overview
12.2.3 Solaredge Technologies String Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.2.4 Solaredge Technologies String Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Solaredge Technologies Recent Developments
12.3 Schneider Electric Solar
12.3.1 Schneider Electric Solar Company Information
12.3.2 Schneider Electric Solar Overview
12.3.3 Schneider Electric Solar String Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.3.4 Schneider Electric Solar String Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 Schneider Electric Solar Recent Developments
12.4 ABB
12.4.1 ABB Company Information
12.4.2 ABB Overview
12.4.3 ABB String Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.4.4 ABB String Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 ABB Recent Developments
12.5 Sungrow Power Supply
12.5.1 Sungrow Power Supply Company Information
12.5.2 Sungrow Power Supply Overview
12.5.3 Sungrow Power Supply String Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.5.4 Sungrow Power Supply String Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 Sungrow Power Supply Recent Developments
12.6 Fronius
12.6.1 Fronius Company Information
12.6.2 Fronius Overview
12.6.3 Fronius String Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.6.4 Fronius String Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 Fronius Recent Developments
12.7 Solarmax
12.7.1 Solarmax Company Information
12.7.2 Solarmax Overview
12.7.3 Solarmax String Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.7.4 Solarmax String Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 Solarmax Recent Developments
12.8 Yaskawa-Solectria Solar
12.8.1 Yaskawa-Solectria Solar Company Information
12.8.2 Yaskawa-Solectria Solar Overview
12.8.3 Yaskawa-Solectria Solar String Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.8.4 Yaskawa-Solectria Solar String Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 Yaskawa-Solectria Solar Recent Developments
12.9 Ginlong Technologies
12.9.1 Ginlong Technologies Company Information
12.9.2 Ginlong Technologies Overview
12.9.3 Ginlong Technologies String Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.9.4 Ginlong Technologies String Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 Ginlong Technologies Recent Developments
12.10 Delta Energy System
12.10.1 Delta Energy System Company Information
12.10.2 Delta Energy System Overview
12.10.3 Delta Energy System String Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.10.4 Delta Energy System String Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.10.5 Delta Energy System Recent Developments
12.11 Samil Power
12.11.1 Samil Power Company Information
12.11.2 Samil Power Overview
12.11.3 Samil Power String Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.11.4 Samil Power String Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.11.5 Samil Power Recent Developments
12.12 KACO New Energy
12.12.1 KACO New Energy Company Information
12.12.2 KACO New Energy Overview
12.12.3 KACO New Energy String Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.12.4 KACO New Energy String Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.12.5 KACO New Energy Recent Developments
12.13 Chint Power Systems
12.13.1 Chint Power Systems Company Information
12.13.2 Chint Power Systems Overview
12.13.3 Chint Power Systems String Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.13.4 Chint Power Systems String Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.13.5 Chint Power Systems Recent Developments
12.14 Huawei Technologies
12.14.1 Huawei Technologies Company Information
12.14.2 Huawei Technologies Overview
12.14.3 Huawei Technologies String Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.14.4 Huawei Technologies String Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.14.5 Huawei Technologies Recent Developments
12.15 Growatt New Energy Technology
12.15.1 Growatt New Energy Technology Company Information
12.15.2 Growatt New Energy Technology Overview
12.15.3 Growatt New Energy Technology String Inverter Sales, Price, Revenue and Gross Margin (2019-2024)
12.15.4 Growatt New Energy Technology String Inverter Product Model Numbers, Pictures, Descriptions and Specifications
12.15.5 Growatt New Energy Technology Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 String Inverter Industry Chain Analysis
13.2 String Inverter Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 String Inverter Production Mode & Process
13.4 String Inverter Sales and Marketing
13.4.1 String Inverter Sales Channels
13.4.2 String Inverter Distributors
13.5 String Inverter Customers
14 String Inverter Market Dynamics
14.1 String Inverter Industry Trends
14.2 String Inverter Market Drivers
14.3 String Inverter Market Challenges
14.4 String Inverter Market Restraints
15 Key Finding in The Global String Inverter Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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