Industry: Machinery & Equipment
Published Date: 2025-02-25
Pages: 99 Pages
Report ld: 4233122
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String Inverter Market Size(US$)

CAGR 2025-2031
2.8%
Market Size,2031
USD 8,967
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global String Inverter market size was US$ 7411 million in 2024 and is forecast to a readjusted size of US$ 8967 million by 2031 with a CAGR of 2.8% during the forecast period 2025-2031.
A string inverter is a device for converting DC to AC power and which is designed for high voltage DC inputs.
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%.
The global String Inverter market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global String Inverter market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2020-2031.
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: Sales and 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.
Chapter 3: Detailed analysis of String Inverter manufacturers competitive landscape, sales, revenue, price, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the sales, revenue, price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the sales, revenue, price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Region analysis by company, by customer, by Type, by Application, sales, revenue, and price for each segment,
Chapter 7: 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 revenue, gross margin, and recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Sales channels analysis
Chapter 10: 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 11: 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.
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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 Inverter Product Scope
1.2 String Inverter by Type
1.2.1 Global String Inverter Sales by Type (2020 & 2024 & 2031)
1.2.2 On-Grid String Inverter
1.2.3 Off-Grid String Inverter
1.3 String Inverter by Application
1.3.1 Global String Inverter Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Residential
1.3.3 Commercial & Industrial
1.3.4 Utilities
1.4 Global String Inverter Market Estimates and Forecasts (2020-2031)
1.4.1 Global String Inverter Market Size in Value Growth Rate (2020-2031)
1.4.2 Global String Inverter Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global String Inverter Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global String Inverter Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global String Inverter Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global String Inverter Sales Market Share by Region (2020-2025)
2.2.2 Global String Inverter Revenue Market Share by Region (2020-2025)
2.3 Global String Inverter Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global String Inverter Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global String Inverter Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America String Inverter Market Size and Prospective (2020-2031)
2.4.2 Europe String Inverter Market Size and Prospective (2020-2031)
2.4.3 China String Inverter Market Size and Prospective (2020-2031)
2.4.4 Japan String Inverter Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global String Inverter Historic Market Review by Type (2020-2025)
3.1.1 Global String Inverter Sales by Type (2020-2025)
3.1.2 Global String Inverter Revenue by Type (2020-2025)
3.1.3 Global String Inverter Price by Type (2020-2025)
3.2 Global String Inverter Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global String Inverter Sales Forecast by Type (2026-2031)
3.2.2 Global String Inverter Revenue Forecast by Type (2026-2031)
3.2.3 Global String Inverter Price Forecast by Type (2026-2031)
3.3 Different Types String Inverter Representative Players
4 Global Market Size by Application
4.1 Global String Inverter Historic Market Review by Application (2020-2025)
4.1.1 Global String Inverter Sales by Application (2020-2025)
4.1.2 Global String Inverter Revenue by Application (2020-2025)
4.1.3 Global String Inverter Price by Application (2020-2025)
4.2 Global String Inverter Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global String Inverter Sales Forecast by Application (2026-2031)
4.2.2 Global String Inverter Revenue Forecast by Application (2026-2031)
4.2.3 Global String Inverter Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in String Inverter Application
5 Competition Landscape by Players
5.1 Global String Inverter Sales by Players (2020-2025)
5.2 Global Top String Inverter Players by Revenue (2020-2025)
5.3 Global String Inverter Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in String Inverter as of 2024)
5.4 Global String Inverter Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of String Inverter, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of String Inverter, Product Type & Application
5.7 Global Key Manufacturers of String Inverter, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America String Inverter Sales by Company
6.1.1.1 North America String Inverter Sales by Company (2020-2025)
6.1.1.2 North America String Inverter Revenue by Company (2020-2025)
6.1.2 North America String Inverter Sales Breakdown by Type (2020-2025)
6.1.3 North America String Inverter Sales Breakdown by Application (2020-2025)
6.1.4 North America String Inverter Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe String Inverter Sales by Company
6.2.1.1 Europe String Inverter Sales by Company (2020-2025)
6.2.1.2 Europe String Inverter Revenue by Company (2020-2025)
6.2.2 Europe String Inverter Sales Breakdown by Type (2020-2025)
6.2.3 Europe String Inverter Sales Breakdown by Application (2020-2025)
6.2.4 Europe String Inverter Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China String Inverter Sales by Company
6.3.1.1 China String Inverter Sales by Company (2020-2025)
6.3.1.2 China String Inverter Revenue by Company (2020-2025)
6.3.2 China String Inverter Sales Breakdown by Type (2020-2025)
6.3.3 China String Inverter Sales Breakdown by Application (2020-2025)
6.3.4 China String Inverter Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan String Inverter Sales by Company
6.4.1.1 Japan String Inverter Sales by Company (2020-2025)
6.4.1.2 Japan String Inverter Revenue by Company (2020-2025)
6.4.2 Japan String Inverter Sales Breakdown by Type (2020-2025)
6.4.3 Japan String Inverter Sales Breakdown by Application (2020-2025)
6.4.4 Japan String Inverter Major Customer
6.4.5 Japan Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 SMA Solar Technology
7.1.1 SMA Solar Technology Company Information
7.1.2 SMA Solar Technology Business Overview
7.1.3 SMA Solar Technology String Inverter Sales, Revenue and Gross Margin (2020-2025)
7.1.4 SMA Solar Technology String Inverter Products Offered
7.1.5 SMA Solar Technology Recent Development
7.2 Solaredge Technologies
7.2.1 Solaredge Technologies Company Information
7.2.2 Solaredge Technologies Business Overview
7.2.3 Solaredge Technologies String Inverter Sales, Revenue and Gross Margin (2020-2025)
7.2.4 Solaredge Technologies String Inverter Products Offered
7.2.5 Solaredge Technologies Recent Development
7.3 Schneider Electric Solar
7.3.1 Schneider Electric Solar Company Information
7.3.2 Schneider Electric Solar Business Overview
7.3.3 Schneider Electric Solar String Inverter Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Schneider Electric Solar String Inverter Products Offered
7.3.5 Schneider Electric Solar Recent Development
7.4 ABB
7.4.1 ABB Company Information
7.4.2 ABB Business Overview
7.4.3 ABB String Inverter Sales, Revenue and Gross Margin (2020-2025)
7.4.4 ABB String Inverter Products Offered
7.4.5 ABB Recent Development
7.5 Sungrow Power Supply
7.5.1 Sungrow Power Supply Company Information
7.5.2 Sungrow Power Supply Business Overview
7.5.3 Sungrow Power Supply String Inverter Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Sungrow Power Supply String Inverter Products Offered
7.5.5 Sungrow Power Supply Recent Development
7.6 Fronius
7.6.1 Fronius Company Information
7.6.2 Fronius Business Overview
7.6.3 Fronius String Inverter Sales, Revenue and Gross Margin (2020-2025)
7.6.4 Fronius String Inverter Products Offered
7.6.5 Fronius Recent Development
7.7 Solarmax
7.7.1 Solarmax Company Information
7.7.2 Solarmax Business Overview
7.7.3 Solarmax String Inverter Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Solarmax String Inverter Products Offered
7.7.5 Solarmax Recent Development
7.8 Yaskawa-Solectria Solar
7.8.1 Yaskawa-Solectria Solar Company Information
7.8.2 Yaskawa-Solectria Solar Business Overview
7.8.3 Yaskawa-Solectria Solar String Inverter Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Yaskawa-Solectria Solar String Inverter Products Offered
7.8.5 Yaskawa-Solectria Solar Recent Development
7.9 Ginlong Technologies
7.9.1 Ginlong Technologies Company Information
7.9.2 Ginlong Technologies Business Overview
7.9.3 Ginlong Technologies String Inverter Sales, Revenue and Gross Margin (2020-2025)
7.9.4 Ginlong Technologies String Inverter Products Offered
7.9.5 Ginlong Technologies Recent Development
7.10 Delta Energy System
7.10.1 Delta Energy System Company Information
7.10.2 Delta Energy System Business Overview
7.10.3 Delta Energy System String Inverter Sales, Revenue and Gross Margin (2020-2025)
7.10.4 Delta Energy System String Inverter Products Offered
7.10.5 Delta Energy System Recent Development
7.11 Samil Power
7.11.1 Samil Power Company Information
7.11.2 Samil Power Business Overview
7.11.3 Samil Power String Inverter Sales, Revenue and Gross Margin (2020-2025)
7.11.4 Samil Power String Inverter Products Offered
7.11.5 Samil Power Recent Development
7.12 KACO New Energy
7.12.1 KACO New Energy Company Information
7.12.2 KACO New Energy Business Overview
7.12.3 KACO New Energy String Inverter Sales, Revenue and Gross Margin (2020-2025)
7.12.4 KACO New Energy String Inverter Products Offered
7.12.5 KACO New Energy Recent Development
7.13 Chint Power Systems
7.13.1 Chint Power Systems Company Information
7.13.2 Chint Power Systems Business Overview
7.13.3 Chint Power Systems String Inverter Sales, Revenue and Gross Margin (2020-2025)
7.13.4 Chint Power Systems String Inverter Products Offered
7.13.5 Chint Power Systems Recent Development
7.14 Huawei Technologies
7.14.1 Huawei Technologies Company Information
7.14.2 Huawei Technologies Business Overview
7.14.3 Huawei Technologies String Inverter Sales, Revenue and Gross Margin (2020-2025)
7.14.4 Huawei Technologies String Inverter Products Offered
7.14.5 Huawei Technologies Recent Development
7.15 Growatt New Energy Technology
7.15.1 Growatt New Energy Technology Company Information
7.15.2 Growatt New Energy Technology Business Overview
7.15.3 Growatt New Energy Technology String Inverter Sales, Revenue and Gross Margin (2020-2025)
7.15.4 Growatt New Energy Technology String Inverter Products Offered
7.15.5 Growatt New Energy Technology Recent Development
8 String Inverter Manufacturing Cost Analysis
8.1 String Inverter Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of String Inverter
8.4 String Inverter Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 String Inverter Distributors List
9.3 String Inverter Customers
10 String Inverter Market Dynamics
10.1 String Inverter Industry Trends
10.2 String Inverter Market Drivers
10.3 String Inverter Market Challenges
10.4 String Inverter Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 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
RLEATED REPORTS
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