Research Summary
String inverters are a type of solar inverter used in photovoltaic (PV) systems to convert the direct current (DC) electricity generated by solar panels into alternating current (AC) electricity suitable for use in homes or businesses. Unlike microinverters, which are installed on each individual solar panel, string inverters are typically installed in a centralized location and connected to multiple solar panels in a string configuration. This setup allows for efficient conversion of DC power from multiple panels simultaneously. String inverters are known for their reliability, cost-effectiveness, and ease of maintenance, making them a popular choice for residential and commercial solar installations. However, one drawback of string inverters is that the performance of the entire string can be affected if one panel in the string underperforms due to shading, dirt, or other factors. Nevertheless, advancements in technology, such as power optimizers and monitoring systems, have helped mitigate these issues, making string inverters a widely adopted choice in the solar industry.
According to DIResearch's in-depth investigation and research, the global String Inverters market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of String Inverters include HUAWEI, Sungrow Power Supply Co., Ltd, SMA, GOODWE, SINENG, ATEC GROUP, KSTAR, CPS, GROWATT, TBEA, FIMER, Fronius, KELONG, SAJ, KACO etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of String Inverters. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global String Inverters market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the String Inverters market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of String Inverters industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of String Inverters Include:
HUAWEI
Sungrow Power Supply Co., Ltd
SMA
GOODWE
SINENG
ATEC GROUP
KSTAR
CPS
GROWATT
TBEA
FIMER
Fronius
KELONG
SAJ
KACO
String Inverters Product Segment Include:
1.5-6KW
6-30KW
30-40KW
40-60KW
60-200KW
Above 200KW
String Inverters Product Application Include:
Household Use
Industrial and Commercial
Ground Power Station
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global String Inverters Industry PESTEL Analysis
Chapter 3: Global String Inverters Industry Porter’s Five Forces Analysis
Chapter 4: Global String Inverters Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 5: Global String Inverters Market Size and Forecast by Type and Application Analysis
Chapter 6: North America String Inverters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe String Inverters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China String Inverters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) String Inverters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America String Inverters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa String Inverters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global String Inverters Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
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