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According to the latest research, the global String Inverters market size was valued at USD 6361.5 million in 2022 and is expected to expand at a CAGR of 11.95% during the forecast period, reaching USD 12520.13 million by 2028.
String Inverter, it applies primarily to solar photovoltaic (PV)generation equipment. Grid Interactive or grid tied systems often use string inverters, while non-grid tied or non-grid interactive inverters use charge controllers. An inverter is a device which changes electricity from DC (direct current) into AC (alternating current).
This report elaborates on the market size, market characteristics, and market growth of the String Inverters industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of String Inverters. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global String Inverters Market Report Include:
Market Size Estimates: String Inverters market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: String Inverters market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the String Inverters market
Segment Market Analysis: String Inverters market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: String Inverters market situations and prospects in major and top regions and countries
String Inverters Market
String Inverters Industry Chain: String Inverters market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
String Inverters Industry News, Policies by regions
String Inverters Industry Porters Five Forces Analysis
Key players in the global String Inverters market are covered in Chapter 2:
SMA Solar
Solarmax
ABB
Yaskawa
Delta
Eaton Corp
Solaredge
Fronius
Chint
Sungrow
In Chapter 6 and Chapter 9, on the basis of types, the String Inverters market from 2018 to 2028 is primarily split into:
Single-phase
Three-phase
In Chapter 7 and Chapter 10, on the basis of applications, the String Inverters market from 2018 to 2028 covers:
Residential
Commercial
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global String Inverters market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the String Inverters industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of String Inverters market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the String Inverters industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on String Inverters market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the String Inverters market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed String Inverters market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
String Inverter, it applies primarily to solar photovoltaic (PV)generation equipment. Grid Interactive or grid tied systems often use string inverters, while non-grid tied or non-grid interactive inverters use charge controllers. An inverter is a device which changes electricity from DC (direct current) into AC (alternating current).
This report elaborates on the market size, market characteristics, and market growth of the String Inverters industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of String Inverters. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global String Inverters Market Report Include:
Market Size Estimates: String Inverters market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: String Inverters market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the String Inverters market
Segment Market Analysis: String Inverters market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: String Inverters market situations and prospects in major and top regions and countries
String Inverters Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.String Inverters Industry Chain: String Inverters market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
String Inverters Industry News, Policies by regions
String Inverters Industry Porters Five Forces Analysis
Key players in the global String Inverters market are covered in Chapter 2:
SMA Solar
Solarmax
ABB
Yaskawa
Delta
Eaton Corp
Solaredge
Fronius
Chint
Sungrow
In Chapter 6 and Chapter 9, on the basis of types, the String Inverters market from 2018 to 2028 is primarily split into:
Single-phase
Three-phase
In Chapter 7 and Chapter 10, on the basis of applications, the String Inverters market from 2018 to 2028 covers:
Residential
Commercial
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global String Inverters market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the String Inverters industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of String Inverters market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the String Inverters industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on String Inverters market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the String Inverters market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed String Inverters market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
