Global String Inverters Market Growth 2023-2029

Global String Inverters Market Growth 2023-2029

LPI (LP Information)' newest research report, the “String Inverters Industry Forecast” looks at past sales and reviews total world String Inverters sales in 2022, providing a comprehensive analysis by region and market sector of projected String Inverters sales for 2023 through 2029. With String Inverters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world String Inverters industry.
This Insight Report provides a comprehensive analysis of the global String Inverters landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on String Inverters portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global String Inverters market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for String Inverters and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global String Inverters.
The global String Inverters market size is projected to grow from US$ 6850.8 million in 2022 to US$ 13320 million in 2029; it is expected to grow at a CAGR of 13320 from 2023 to 2029.
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 presents a comprehensive overview, market shares, and growth opportunities of String Inverters market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
1.5-6KW
6-30KW
30-40KW
40-60KW
60-200KW
Above 200KW
Segmentation by application
Household Use
Industrial and Commercial
Ground Power Station
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
HUAWEI
Sungrow Power Supply Co., Ltd
SMA
GOODWE
SINENG
ATEC GROUP
KSTAR
CPS
GROWATT
TBEA
FIMER
Fronius
KELONG
SAJ
KACO
Key Questions Addressed in this Report
What is the 10-year outlook for the global String Inverters market?
What factors are driving String Inverters market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do String Inverters market opportunities vary by end market size?
How does String Inverters break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.