The global market for String Solar PV Inverters was valued at US$ 17750 million in the year 2024 and is projected to reach a revised size of US$ 36930 million by 2031, growing at a CAGR of 11.2% during the forecast period.
The string-type solar photovoltaic inverter directly converts the direct current generated by the photovoltaic modules into alternating current, which is then boosted and connected to the grid. String-type solar photovoltaic inverters are not affected by module differences between strings and shadows, and at the same time reduce the mismatch between the best operating point of photovoltaic cell modules and the inverter, and maximize power generation. At the same time, the smaller size and self-consumption can reduce the impact of failures.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China"s photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan"s newly installed photovoltaic capacity was 3.72 GW. The growing popularity of renewable energy sources, especially the deployment of solar photovoltaic power generation, has significantly increased the demand for solar modules in recent years. Rising goals and initiatives in developing countries to reduce dependence on fossil fuels and enhance energy security are expected to encourage demand for solar energy systems. The demand for string inverters is increasing due to their high efficiency to maximize the energy generated by solar systems. Furthermore, multiple incentives and regulatory measures to encourage the adoption of sustainable technologies will drive the market demand. A string inverter is a type of solar inverter used in photovoltaic (PV) solar energy systems. The main function of a string inverter is to convert the direct current (DC) power generated by solar panels into alternating current (AC) power that can be used by a home or business or fed into the grid. Manufacturers are constantly developing new technologies to improve the efficiency and reliability of string inverters. For example, global manufacturers are focusing on R&D activities to develop string inverters with built-in monitoring and diagnostic tools, which can improve overall system performance and reduce maintenance costs. Additionally, the growing demand for string inverters with integrated battery energy storage will positively impact the growth of the string inverter market.
Report Scope
This report aims to provide a comprehensive presentation of the global market for String Solar PV Inverters, 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 Solar PV Inverters.
The String Solar PV Inverters market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global String Solar PV Inverters 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 Solar PV Inverters 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.
麻豆原创 Segmentation
By Company
SMA Solar Technology
SolarEdge
General Electric
Siemens
Schneider Electric
Cyber鈥嬧�� Power Systems
Tesla Powerwall
Luminous
Leonics
INVT
Easun Power
Alencon Systems
Fimer Group
Sungrow
Hitachi
Huawei
TBEA
Yaskawa-Solectria Solar
Fronius
Growatt
Tabuchi Electric
Ginlong
GoodWe
by Type
Low Frequency Inverter
High Frequency Inverter
by Application
DC Voltage Source
Grid Connection
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
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 Solar PV Inverters manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of String Solar PV Inverters 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 Solar PV Inverters 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.
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1 String Solar PV Inverters 麻豆原创 Overview
1.1 Product Definition
1.2 String Solar PV Inverters by Type
1.2.1 Global String Solar PV Inverters 麻豆原创 Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Low Frequency Inverter
1.2.3 High Frequency Inverter
1.3 String Solar PV Inverters by Application
1.3.1 Global String Solar PV Inverters 麻豆原创 Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 DC Voltage Source
1.3.3 Grid Connection
1.3.4 Others
1.4 Global 麻豆原创 Growth Prospects
1.4.1 Global String Solar PV Inverters Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global String Solar PV Inverters Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global String Solar PV Inverters Production Estimates and Forecasts (2020-2031)
1.4.4 Global String Solar PV Inverters 麻豆原创 Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 麻豆原创 Competition by Manufacturers
2.1 Global String Solar PV Inverters Production 麻豆原创 Share by Manufacturers (2020-2025)
2.2 Global String Solar PV Inverters Production Value 麻豆原创 Share by Manufacturers (2020-2025)
2.3 Global Key Players of String Solar PV Inverters, Industry Ranking, 2023 VS 2024
2.4 Global String Solar PV Inverters 麻豆原创 Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global String Solar PV Inverters Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of String Solar PV Inverters, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of String Solar PV Inverters, Product Offered and Application
2.8 Global Key Manufacturers of String Solar PV Inverters, Date of Enter into This Industry
2.9 String Solar PV Inverters 麻豆原创 Competitive Situation and Trends
2.9.1 String Solar PV Inverters 麻豆原创 Concentration Rate
2.9.2 Global 5 and 10 Largest String Solar PV Inverters Players 麻豆原创 Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 String Solar PV Inverters Production by Region
3.1 Global String Solar PV Inverters Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global String Solar PV Inverters Production Value by Region (2020-2031)
3.2.1 Global String Solar PV Inverters Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of String Solar PV Inverters by Region (2026-2031)
3.3 Global String Solar PV Inverters Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global String Solar PV Inverters Production Volume by Region (2020-2031)
3.4.1 Global String Solar PV Inverters Production by Region (2020-2025)
3.4.2 Global Forecasted Production of String Solar PV Inverters by Region (2026-2031)
3.5 Global String Solar PV Inverters 麻豆原创 Price Analysis by Region (2020-2025)
3.6 Global String Solar PV Inverters Production and Value, Year-over-Year Growth
3.6.1 North America String Solar PV Inverters Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe String Solar PV Inverters Production Value Estimates and Forecasts (2020-2031)
3.6.3 China String Solar PV Inverters Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan String Solar PV Inverters Production Value Estimates and Forecasts (2020-2031)
4 String Solar PV Inverters Consumption by Region
4.1 Global String Solar PV Inverters Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global String Solar PV Inverters Consumption by Region (2020-2031)
4.2.1 Global String Solar PV Inverters Consumption by Region (2020-2025)
4.2.2 Global String Solar PV Inverters Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America String Solar PV Inverters Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America String Solar PV Inverters Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe String Solar PV Inverters Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe String Solar PV Inverters Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific String Solar PV Inverters Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific String Solar PV Inverters Consumption by Region (2020-2031)
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 Solar PV Inverters Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa String Solar PV Inverters Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global String Solar PV Inverters Production by Type (2020-2031)
5.1.1 Global String Solar PV Inverters Production by Type (2020-2025)
5.1.2 Global String Solar PV Inverters Production by Type (2026-2031)
5.1.3 Global String Solar PV Inverters Production 麻豆原创 Share by Type (2020-2031)
5.2 Global String Solar PV Inverters Production Value by Type (2020-2031)
5.2.1 Global String Solar PV Inverters Production Value by Type (2020-2025)
5.2.2 Global String Solar PV Inverters Production Value by Type (2026-2031)
5.2.3 Global String Solar PV Inverters Production Value 麻豆原创 Share by Type (2020-2031)
5.3 Global String Solar PV Inverters Price by Type (2020-2031)
6 Segment by Application
6.1 Global String Solar PV Inverters Production by Application (2020-2031)
6.1.1 Global String Solar PV Inverters Production by Application (2020-2025)
6.1.2 Global String Solar PV Inverters Production by Application (2026-2031)
6.1.3 Global String Solar PV Inverters Production 麻豆原创 Share by Application (2020-2031)
6.2 Global String Solar PV Inverters Production Value by Application (2020-2031)
6.2.1 Global String Solar PV Inverters Production Value by Application (2020-2025)
6.2.2 Global String Solar PV Inverters Production Value by Application (2026-2031)
6.2.3 Global String Solar PV Inverters Production Value 麻豆原创 Share by Application (2020-2031)
6.3 Global String Solar PV Inverters Price by Application (2020-2031)
7 Key Companies Profiled
7.1 SMA Solar Technology
7.1.1 SMA Solar Technology String Solar PV Inverters Company Information
7.1.2 SMA Solar Technology String Solar PV Inverters Product Portfolio
7.1.3 SMA Solar Technology String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.1.4 SMA Solar Technology Main Business and 麻豆原创s Served
7.1.5 SMA Solar Technology Recent Developments/Updates
7.2 SolarEdge
7.2.1 SolarEdge String Solar PV Inverters Company Information
7.2.2 SolarEdge String Solar PV Inverters Product Portfolio
7.2.3 SolarEdge String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.2.4 SolarEdge Main Business and 麻豆原创s Served
7.2.5 SolarEdge Recent Developments/Updates
7.3 General Electric
7.3.1 General Electric String Solar PV Inverters Company Information
7.3.2 General Electric String Solar PV Inverters Product Portfolio
7.3.3 General Electric String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.3.4 General Electric Main Business and 麻豆原创s Served
7.3.5 General Electric Recent Developments/Updates
7.4 Siemens
7.4.1 Siemens String Solar PV Inverters Company Information
7.4.2 Siemens String Solar PV Inverters Product Portfolio
7.4.3 Siemens String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Siemens Main Business and 麻豆原创s Served
7.4.5 Siemens Recent Developments/Updates
7.5 Schneider Electric
7.5.1 Schneider Electric String Solar PV Inverters Company Information
7.5.2 Schneider Electric String Solar PV Inverters Product Portfolio
7.5.3 Schneider Electric String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Schneider Electric Main Business and 麻豆原创s Served
7.5.5 Schneider Electric Recent Developments/Updates
7.6 Cyber鈥嬧�� Power Systems
7.6.1 Cyber鈥嬧�� Power Systems String Solar PV Inverters Company Information
7.6.2 Cyber鈥嬧�� Power Systems String Solar PV Inverters Product Portfolio
7.6.3 Cyber鈥嬧�� Power Systems String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Cyber鈥嬧�� Power Systems Main Business and 麻豆原创s Served
7.6.5 Cyber鈥嬧�� Power Systems Recent Developments/Updates
7.7 Tesla Powerwall
7.7.1 Tesla Powerwall String Solar PV Inverters Company Information
7.7.2 Tesla Powerwall String Solar PV Inverters Product Portfolio
7.7.3 Tesla Powerwall String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Tesla Powerwall Main Business and 麻豆原创s Served
7.7.5 Tesla Powerwall Recent Developments/Updates
7.8 Luminous
7.8.1 Luminous String Solar PV Inverters Company Information
7.8.2 Luminous String Solar PV Inverters Product Portfolio
7.8.3 Luminous String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Luminous Main Business and 麻豆原创s Served
7.8.5 Luminous Recent Developments/Updates
7.9 Leonics
7.9.1 Leonics String Solar PV Inverters Company Information
7.9.2 Leonics String Solar PV Inverters Product Portfolio
7.9.3 Leonics String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Leonics Main Business and 麻豆原创s Served
7.9.5 Leonics Recent Developments/Updates
7.10 INVT
7.10.1 INVT String Solar PV Inverters Company Information
7.10.2 INVT String Solar PV Inverters Product Portfolio
7.10.3 INVT String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.10.4 INVT Main Business and 麻豆原创s Served
7.10.5 INVT Recent Developments/Updates
7.11 Easun Power
7.11.1 Easun Power String Solar PV Inverters Company Information
7.11.2 Easun Power String Solar PV Inverters Product Portfolio
7.11.3 Easun Power String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Easun Power Main Business and 麻豆原创s Served
7.11.5 Easun Power Recent Developments/Updates
7.12 Alencon Systems
7.12.1 Alencon Systems String Solar PV Inverters Company Information
7.12.2 Alencon Systems String Solar PV Inverters Product Portfolio
7.12.3 Alencon Systems String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Alencon Systems Main Business and 麻豆原创s Served
7.12.5 Alencon Systems Recent Developments/Updates
7.13 Fimer Group
7.13.1 Fimer Group String Solar PV Inverters Company Information
7.13.2 Fimer Group String Solar PV Inverters Product Portfolio
7.13.3 Fimer Group String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Fimer Group Main Business and 麻豆原创s Served
7.13.5 Fimer Group Recent Developments/Updates
7.14 Sungrow
7.14.1 Sungrow String Solar PV Inverters Company Information
7.14.2 Sungrow String Solar PV Inverters Product Portfolio
7.14.3 Sungrow String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Sungrow Main Business and 麻豆原创s Served
7.14.5 Sungrow Recent Developments/Updates
7.15 Hitachi
7.15.1 Hitachi String Solar PV Inverters Company Information
7.15.2 Hitachi String Solar PV Inverters Product Portfolio
7.15.3 Hitachi String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Hitachi Main Business and 麻豆原创s Served
7.15.5 Hitachi Recent Developments/Updates
7.16 Huawei
7.16.1 Huawei String Solar PV Inverters Company Information
7.16.2 Huawei String Solar PV Inverters Product Portfolio
7.16.3 Huawei String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Huawei Main Business and 麻豆原创s Served
7.16.5 Huawei Recent Developments/Updates
7.17 TBEA
7.17.1 TBEA String Solar PV Inverters Company Information
7.17.2 TBEA String Solar PV Inverters Product Portfolio
7.17.3 TBEA String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.17.4 TBEA Main Business and 麻豆原创s Served
7.17.5 TBEA Recent Developments/Updates
7.18 Yaskawa-Solectria Solar
7.18.1 Yaskawa-Solectria Solar String Solar PV Inverters Company Information
7.18.2 Yaskawa-Solectria Solar String Solar PV Inverters Product Portfolio
7.18.3 Yaskawa-Solectria Solar String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.18.4 Yaskawa-Solectria Solar Main Business and 麻豆原创s Served
7.18.5 Yaskawa-Solectria Solar Recent Developments/Updates
7.19 Fronius
7.19.1 Fronius String Solar PV Inverters Company Information
7.19.2 Fronius String Solar PV Inverters Product Portfolio
7.19.3 Fronius String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.19.4 Fronius Main Business and 麻豆原创s Served
7.19.5 Fronius Recent Developments/Updates
7.20 Growatt
7.20.1 Growatt String Solar PV Inverters Company Information
7.20.2 Growatt String Solar PV Inverters Product Portfolio
7.20.3 Growatt String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.20.4 Growatt Main Business and 麻豆原创s Served
7.20.5 Growatt Recent Developments/Updates
7.21 Tabuchi Electric
7.21.1 Tabuchi Electric String Solar PV Inverters Company Information
7.21.2 Tabuchi Electric String Solar PV Inverters Product Portfolio
7.21.3 Tabuchi Electric String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.21.4 Tabuchi Electric Main Business and 麻豆原创s Served
7.21.5 Tabuchi Electric Recent Developments/Updates
7.22 Ginlong
7.22.1 Ginlong String Solar PV Inverters Company Information
7.22.2 Ginlong String Solar PV Inverters Product Portfolio
7.22.3 Ginlong String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.22.4 Ginlong Main Business and 麻豆原创s Served
7.22.5 Ginlong Recent Developments/Updates
7.23 GoodWe
7.23.1 GoodWe String Solar PV Inverters Company Information
7.23.2 GoodWe String Solar PV Inverters Product Portfolio
7.23.3 GoodWe String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.23.4 GoodWe Main Business and 麻豆原创s Served
7.23.5 GoodWe Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 String Solar PV Inverters Industry Chain Analysis
8.2 String Solar PV Inverters Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 String Solar PV Inverters Production Mode & Process Analysis
8.4 String Solar PV Inverters Sales and 麻豆原创ing
8.4.1 String Solar PV Inverters Sales Channels
8.4.2 String Solar PV Inverters Distributors
8.5 String Solar PV Inverters Customer Analysis
9 String Solar PV Inverters 麻豆原创 Dynamics
9.1 String Solar PV Inverters Industry Trends
9.2 String Solar PV Inverters 麻豆原创 Drivers
9.3 String Solar PV Inverters 麻豆原创 Challenges
9.4 String Solar PV Inverters 麻豆原创 Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 麻豆原创 Size Estimation
11.1.3 麻豆原创 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
SMA Solar Technology
SolarEdge
General Electric
Siemens
Schneider Electric
Cyber鈥嬧�� Power Systems
Tesla Powerwall
Luminous
Leonics
INVT
Easun Power
Alencon Systems
Fimer Group
Sungrow
Hitachi
Huawei
TBEA
Yaskawa-Solectria Solar
Fronius
Growatt
Tabuchi Electric
Ginlong
GoodWe
听
听
*If Applicable.