Industry: Electronics & Semiconductor
Published Date: 2025-01-19
Pages: 129 Pages
Report ld: 3429175
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String Inverters Market Size(US$)

CAGR 2025-2031
9.6%
Market Size,2031
USD 15,820
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for String Inverters was estimated to be worth US$ 8401 million in 2024 and is forecast to a readjusted size of US$ 15820 million by 2031 with a CAGR of 9.6% during the forecast period 2025-2031.
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 44%.
This report aims to provide a comprehensive presentation of the global market for String Inverters, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of String Inverters by region & country, by Type, and by Application.
The String Inverters market size, estimations, and forecasts are provided in terms of sales volume (MW) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Inverters.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of String Inverters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of String Inverters in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of String Inverters in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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 Market Overview
1.1 String Inverters Product Introduction
1.2 Global String Inverters Market Size Forecast
1.2.1 Global String Inverters Sales Value (2020-2031)
1.2.2 Global String Inverters Sales Volume (2020-2031)
1.2.3 Global String Inverters Sales Price (2020-2031)
1.3 String Inverters Market Trends & Drivers
1.3.1 String Inverters Industry Trends
1.3.2 String Inverters Market Drivers & Opportunity
1.3.3 String Inverters Market Challenges
1.3.4 String Inverters Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global String Inverters Players Revenue Ranking (2024)
2.2 Global String Inverters Revenue by Company (2020-2025)
2.3 Global String Inverters Players Sales Volume Ranking (2024)
2.4 Global String Inverters Sales Volume by Company Players (2020-2025)
2.5 Global String Inverters Average Price by Company (2020-2025)
2.6 Key Manufacturers String Inverters Manufacturing Base and Headquarters
2.7 Key Manufacturers String Inverters Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of String Inverters
2.9 String Inverters Market Competitive Analysis
2.9.1 String Inverters Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by String Inverters Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in String Inverters as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 1.5-6KW
3.1.2 6-30KW
3.1.3 30-40KW
3.1.4 40-60KW
3.1.5 60-200KW
3.1.6 Above 200KW
3.2 Global String Inverters Sales Value by Type
3.2.1 Global String Inverters Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global String Inverters Sales Value, by Type (2020-2031)
3.2.3 Global String Inverters Sales Value, by Type (%) (2020-2031)
3.3 Global String Inverters Sales Volume by Type
3.3.1 Global String Inverters Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global String Inverters Sales Volume, by Type (2020-2031)
3.3.3 Global String Inverters Sales Volume, by Type (%) (2020-2031)
3.4 Global String Inverters Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Household Use
4.1.2 Industrial and Commercial
4.1.3 Ground Power Station
4.2 Global String Inverters Sales Value by Application
4.2.1 Global String Inverters Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global String Inverters Sales Value, by Application (2020-2031)
4.2.3 Global String Inverters Sales Value, by Application (%) (2020-2031)
4.3 Global String Inverters Sales Volume by Application
4.3.1 Global String Inverters Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global String Inverters Sales Volume, by Application (2020-2031)
4.3.3 Global String Inverters Sales Volume, by Application (%) (2020-2031)
4.4 Global String Inverters Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global String Inverters Sales Value by Region
5.1.1 Global String Inverters Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global String Inverters Sales Value by Region (2020-2025)
5.1.3 Global String Inverters Sales Value by Region (2026-2031)
5.1.4 Global String Inverters Sales Value by Region (%), (2020-2031)
5.2 Global String Inverters Sales Volume by Region
5.2.1 Global String Inverters Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global String Inverters Sales Volume by Region (2020-2025)
5.2.3 Global String Inverters Sales Volume by Region (2026-2031)
5.2.4 Global String Inverters Sales Volume by Region (%), (2020-2031)
5.3 Global String Inverters Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America String Inverters Sales Value, 2020-2031
5.4.2 North America String Inverters Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe String Inverters Sales Value, 2020-2031
5.5.2 Europe String Inverters Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific String Inverters Sales Value, 2020-2031
5.6.2 Asia Pacific String Inverters Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America String Inverters Sales Value, 2020-2031
5.7.2 South America String Inverters Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa String Inverters Sales Value, 2020-2031
5.8.2 Middle East & Africa String Inverters Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions String Inverters Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions String Inverters Sales Value
6.2.1 Key Countries/Regions String Inverters Sales Value, 2020-2031
6.2.2 Key Countries/Regions String Inverters Sales Volume, 2020-2031
6.3 United States
6.3.1 United States String Inverters Sales Value, 2020-2031
6.3.2 United States String Inverters Sales Value by Type (%), 2024 VS 2031
6.3.3 United States String Inverters Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe String Inverters Sales Value, 2020-2031
6.4.2 Europe String Inverters Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe String Inverters Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China String Inverters Sales Value, 2020-2031
6.5.2 China String Inverters Sales Value by Type (%), 2024 VS 2031
6.5.3 China String Inverters Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan String Inverters Sales Value, 2020-2031
6.6.2 Japan String Inverters Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan String Inverters Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea String Inverters Sales Value, 2020-2031
6.7.2 South Korea String Inverters Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea String Inverters Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia String Inverters Sales Value, 2020-2031
6.8.2 Southeast Asia String Inverters Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia String Inverters Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India String Inverters Sales Value, 2020-2031
6.9.2 India String Inverters Sales Value by Type (%), 2024 VS 2031
6.9.3 India String Inverters Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 HUAWEI
7.1.1 HUAWEI Company Information
7.1.2 HUAWEI Introduction and Business Overview
7.1.3 HUAWEI String Inverters Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 HUAWEI String Inverters Product Offerings
7.1.5 HUAWEI Recent Development
7.2 Sungrow Power Supply Co., Ltd
7.2.1 Sungrow Power Supply Co., Ltd Company Information
7.2.2 Sungrow Power Supply Co., Ltd Introduction and Business Overview
7.2.3 Sungrow Power Supply Co., Ltd String Inverters Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Sungrow Power Supply Co., Ltd String Inverters Product Offerings
7.2.5 Sungrow Power Supply Co., Ltd Recent Development
7.3 SMA
7.3.1 SMA Company Information
7.3.2 SMA Introduction and Business Overview
7.3.3 SMA String Inverters Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 SMA String Inverters Product Offerings
7.3.5 SMA Recent Development
7.4 GOODWE
7.4.1 GOODWE Company Information
7.4.2 GOODWE Introduction and Business Overview
7.4.3 GOODWE String Inverters Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 GOODWE String Inverters Product Offerings
7.4.5 GOODWE Recent Development
7.5 SINENG
7.5.1 SINENG Company Information
7.5.2 SINENG Introduction and Business Overview
7.5.3 SINENG String Inverters Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 SINENG String Inverters Product Offerings
7.5.5 SINENG Recent Development
7.6 ATEC GROUP
7.6.1 ATEC GROUP Company Information
7.6.2 ATEC GROUP Introduction and Business Overview
7.6.3 ATEC GROUP String Inverters Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 ATEC GROUP String Inverters Product Offerings
7.6.5 ATEC GROUP Recent Development
7.7 KSTAR
7.7.1 KSTAR Company Information
7.7.2 KSTAR Introduction and Business Overview
7.7.3 KSTAR String Inverters Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 KSTAR String Inverters Product Offerings
7.7.5 KSTAR Recent Development
7.8 CPS
7.8.1 CPS Company Information
7.8.2 CPS Introduction and Business Overview
7.8.3 CPS String Inverters Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 CPS String Inverters Product Offerings
7.8.5 CPS Recent Development
7.9 GROWATT
7.9.1 GROWATT Company Information
7.9.2 GROWATT Introduction and Business Overview
7.9.3 GROWATT String Inverters Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 GROWATT String Inverters Product Offerings
7.9.5 GROWATT Recent Development
7.10 TBEA
7.10.1 TBEA Company Information
7.10.2 TBEA Introduction and Business Overview
7.10.3 TBEA String Inverters Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 TBEA String Inverters Product Offerings
7.10.5 TBEA Recent Development
7.11 FIMER
7.11.1 FIMER Company Information
7.11.2 FIMER Introduction and Business Overview
7.11.3 FIMER String Inverters Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 FIMER String Inverters Product Offerings
7.11.5 FIMER Recent Development
7.12 Fronius
7.12.1 Fronius Company Information
7.12.2 Fronius Introduction and Business Overview
7.12.3 Fronius String Inverters Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Fronius String Inverters Product Offerings
7.12.5 Fronius Recent Development
7.13 KELONG
7.13.1 KELONG Company Information
7.13.2 KELONG Introduction and Business Overview
7.13.3 KELONG String Inverters Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 KELONG String Inverters Product Offerings
7.13.5 KELONG Recent Development
7.14 SAJ
7.14.1 SAJ Company Information
7.14.2 SAJ Introduction and Business Overview
7.14.3 SAJ String Inverters Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 SAJ String Inverters Product Offerings
7.14.5 SAJ Recent Development
7.15 KACO
7.15.1 KACO Company Information
7.15.2 KACO Introduction and Business Overview
7.15.3 KACO String Inverters Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 KACO String Inverters Product Offerings
7.15.5 KACO Recent Development
8 Industry Chain Analysis
8.1 String Inverters Industrial Chain
8.2 String Inverters Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 String Inverters Sales Model
8.5.2 Sales Channel
8.5.3 String Inverters Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 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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