Global String Inverters Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global String Inverters market size was valued at US$ 7956 million in 2023 and is forecast to a readjusted size of USD 14800 million by 2030 with a CAGR of 9.4% during review period.
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 is a detailed and comprehensive analysis for global String Inverters market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global String Inverters market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/Watt), 2019-2030
Global String Inverters market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/Watt), 2019-2030
Global String Inverters market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/Watt), 2019-2030
Global String Inverters market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (US$/Watt), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for String Inverters
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global String Inverters market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include HUAWEI, Sungrow Power Supply Co., Ltd, SMA, GOODWE, SINENG, ATEC GROUP, KSTAR, CPS, GROWATT, TBEA, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
String Inverters market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
1.5-6KW
6-30KW
30-40KW
40-60KW
60-200KW
Above 200KW
Market segment by Application
Household Use
Industrial and Commercial
Ground Power Station
Major players covered
HUAWEI
Sungrow Power Supply Co., Ltd
SMA
GOODWE
SINENG
ATEC GROUP
KSTAR
CPS
GROWATT
TBEA
FIMER
Fronius
KELONG
SAJ
KACO
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe String Inverters product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of String Inverters, with price, sales quantity, revenue, and global market share of String Inverters from 2019 to 2024.
Chapter 3, the String Inverters competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the String Inverters breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and String Inverters market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of String Inverters.
Chapter 14 and 15, to describe String Inverters sales channel, distributors, customers, research findings and conclusion.