The global market for Grid-tied String Inverter was valued at US$ 1718 million in the year 2024 and is projected to reach a revised size of US$ 2777 million by 2031, growing at a CAGR of 7.2% during the forecast period.

Grid-tied String Inverter Market

A grid-tied string inverter is an electrical device used in photovoltaic (PV) solar power systems to convert the direct current (DC) electricity generated by solar panels into alternating current (AC) electricity for use in buildings or to be fed into the electrical grid. These inverters are a fundamental component of grid-tied solar installations, and they play a key role in optimizing power production and ensuring the integration of solar energy into the grid.

Increased Solar Power Installations: The market for grid-tied string inverters continued to grow in response to the increased deployment of solar power systems in residential, commercial, and utility-scale applications.

Residential Solar: The residential solar market was a significant driver of grid-tied string inverter sales. As more homeowners installed solar systems, the demand for reliable and cost-effective inverters increased.

Commercial and Industrial Installations: Grid-tied string inverters were also commonly used in commercial and industrial solar installations, including rooftop and ground-mounted systems. Businesses sought to reduce energy costs and meet sustainability goals.

String Inverter Advancements: Ongoing research and development efforts focused on improving the efficiency and reliability of string inverters. This included innovations in maximum power point tracking (MPPT) technology and cooling systems.

Integration with Energy Storage: The integration of grid-tied string inverters with energy storage solutions, such as batteries, gained momentum. This allowed for greater energy independence and the ability to store excess solar energy for later use.

Grid Services and Demand Response: Some grid-tied inverters were used to provide grid services, such as frequency regulation and demand response. Solar power systems with grid-tied inverters could support grid stability and reliability.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Grid-tied String Inverter, 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 Grid-tied String Inverter.

The Grid-tied String Inverter 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 Grid-tied String Inverter 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 Grid-tied String Inverter 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.

Market Segmentation

Scope of Grid-tied String Inverter Market Report

Report Metric	Details
Report Name	Grid-tied String Inverter Market
Accounted market size in year	US$ 1718 million
Forecasted market size in 2031	US$ 2777 million
CAGR	7.2%
Base Year	year
Forecasted years	2025 - 2031
by Type	3.6-6KW 30-50KW Others
by Application	Residential Commercial & Industrial Utilities
Production by Region	North America Europe China Japan
Consumption by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Asia-Pacific (China, Japan, South Korea, Taiwan) Southeast Asia (India) Latin America (Mexico, Brazil)
By Company	SMA Solar Technology, Solaredge Technologies, Hitachi Hi-Rel, Schneider Electric Solar, ABB, Sungrow Power Supply, Fronius, Solarmax, Ksolare, Yaskawa-Solectria Solar, Ginlong Technologies, Delta Energy System, Samil Power, KACO New Energy, Chint Power Systems, Huawei Technologies, Ningbo Deye Technology, Austasolar
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

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 Grid-tied String Inverter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Grid-tied String Inverter 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 Grid-tied String Inverter 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.

FAQ for this report

How fast is Grid-tied String Inverter Market growing?

Ans: The Grid-tied String Inverter Market witnessing a CAGR of 7.2% during the forecast period 2025-2031.

What is the Grid-tied String Inverter Market size in 2031?

Ans: The Grid-tied String Inverter Market size in 2031 will be US$ 2777 million.

Who are the main players in the Grid-tied String Inverter Market report?

Ans: The main players in the Grid-tied String Inverter Market are SMA Solar Technology, Solaredge Technologies, Hitachi Hi-Rel, Schneider Electric Solar, ABB, Sungrow Power Supply, Fronius, Solarmax, Ksolare, Yaskawa-Solectria Solar, Ginlong Technologies, Delta Energy System, Samil Power, KACO New Energy, Chint Power Systems, Huawei Technologies, Ningbo Deye Technology, Austasolar

What are the Application segmentation covered in the Grid-tied String Inverter Market report?

Ans: The Applications covered in the Grid-tied String Inverter Market report are Residential, Commercial & Industrial, Utilities

What are the Type segmentation covered in the Grid-tied String Inverter Market report?

Ans: The Types covered in the Grid-tied String Inverter Market report are 3.6-6KW, 30-50KW, Others

1 Grid-tied String Inverter Market Overview

1.1 Product Definition

1.2 Grid-tied String Inverter by Type

1.2.1 Global Grid-tied String Inverter Market Value Growth Rate Analysis by Type: 2024 VS 2031

1.2.2 3.6-6KW

1.2.3 30-50KW

1.2.4 30-50KW

1.2.5 Others

1.3 Grid-tied String Inverter by Application

1.3.1 Global Grid-tied String Inverter Market Value Growth Rate Analysis by Application: 2024 VS 2031

1.3.2 Residential

1.3.3 Commercial & Industrial

1.3.4 Utilities

1.4 Global Market Growth Prospects

1.4.1 Global Grid-tied String Inverter Production Value Estimates and Forecasts (2020-2031)

1.4.2 Global Grid-tied String Inverter Production Capacity Estimates and Forecasts (2020-2031)

1.4.3 Global Grid-tied String Inverter Production Estimates and Forecasts (2020-2031)

1.4.4 Global Grid-tied String Inverter Market Average Price Estimates and Forecasts (2020-2031)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global Grid-tied String Inverter Production Market Share by Manufacturers (2020-2025)

2.2 Global Grid-tied String Inverter Production Value Market Share by Manufacturers (2020-2025)

2.3 Global Key Players of Grid-tied String Inverter, Industry Ranking, 2023 VS 2024

2.4 Global Grid-tied String Inverter Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

2.5 Global Grid-tied String Inverter Average Price by Manufacturers (2020-2025)

2.6 Global Key Manufacturers of Grid-tied String Inverter, Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of Grid-tied String Inverter, Product Offered and Application

2.8 Global Key Manufacturers of Grid-tied String Inverter, Date of Enter into This Industry

2.9 Grid-tied String Inverter Market Competitive Situation and Trends

2.9.1 Grid-tied String Inverter Market Concentration Rate

2.9.2 Global 5 and 10 Largest Grid-tied String Inverter Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 Grid-tied String Inverter Production by Region

3.1 Global Grid-tied String Inverter Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.2 Global Grid-tied String Inverter Production Value by Region (2020-2031)

3.2.1 Global Grid-tied String Inverter Production Value by Region (2020-2025)

3.2.2 Global Forecasted Production Value of Grid-tied String Inverter by Region (2026-2031)

3.3 Global Grid-tied String Inverter Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.4 Global Grid-tied String Inverter Production Volume by Region (2020-2031)

3.4.1 Global Grid-tied String Inverter Production by Region (2020-2025)

3.4.2 Global Forecasted Production of Grid-tied String Inverter by Region (2026-2031)

3.5 Global Grid-tied String Inverter Market Price Analysis by Region (2020-2025)

3.6 Global Grid-tied String Inverter Production and Value, Year-over-Year Growth

3.6.1 North America Grid-tied String Inverter Production Value Estimates and Forecasts (2020-2031)

3.6.2 Europe Grid-tied String Inverter Production Value Estimates and Forecasts (2020-2031)

3.6.3 China Grid-tied String Inverter Production Value Estimates and Forecasts (2020-2031)

3.6.4 Japan Grid-tied String Inverter Production Value Estimates and Forecasts (2020-2031)

4 Grid-tied String Inverter Consumption by Region

4.1 Global Grid-tied String Inverter Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

4.2 Global Grid-tied String Inverter Consumption by Region (2020-2031)

4.2.1 Global Grid-tied String Inverter Consumption by Region (2020-2025)

4.2.2 Global Grid-tied String Inverter Forecasted Consumption by Region (2026-2031)

4.3 North America

4.3.1 North America Grid-tied String Inverter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.3.2 North America Grid-tied String Inverter Consumption by Country (2020-2031)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Grid-tied String Inverter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.4.2 Europe Grid-tied String Inverter 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 Grid-tied String Inverter Consumption Growth Rate by Region: 2020 VS 2024 VS 2031

4.5.2 Asia Pacific Grid-tied String Inverter 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 Grid-tied String Inverter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.6.2 Latin America, Middle East & Africa Grid-tied String Inverter 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 Grid-tied String Inverter Production by Type (2020-2031)

5.1.1 Global Grid-tied String Inverter Production by Type (2020-2025)

5.1.2 Global Grid-tied String Inverter Production by Type (2026-2031)

5.1.3 Global Grid-tied String Inverter Production Market Share by Type (2020-2031)

5.2 Global Grid-tied String Inverter Production Value by Type (2020-2031)

5.2.1 Global Grid-tied String Inverter Production Value by Type (2020-2025)

5.2.2 Global Grid-tied String Inverter Production Value by Type (2026-2031)

5.2.3 Global Grid-tied String Inverter Production Value Market Share by Type (2020-2031)

5.3 Global Grid-tied String Inverter Price by Type (2020-2031)

6 Segment by Application

6.1 Global Grid-tied String Inverter Production by Application (2020-2031)

6.1.1 Global Grid-tied String Inverter Production by Application (2020-2025)

6.1.2 Global Grid-tied String Inverter Production by Application (2026-2031)

6.1.3 Global Grid-tied String Inverter Production Market Share by Application (2020-2031)

6.2 Global Grid-tied String Inverter Production Value by Application (2020-2031)

6.2.1 Global Grid-tied String Inverter Production Value by Application (2020-2025)

6.2.2 Global Grid-tied String Inverter Production Value by Application (2026-2031)

6.2.3 Global Grid-tied String Inverter Production Value Market Share by Application (2020-2031)

6.3 Global Grid-tied String Inverter Price by Application (2020-2031)

7 Key Companies Profiled

7.1 SMA Solar Technology

7.1.1 SMA Solar Technology Grid-tied String Inverter Company Information

7.1.2 SMA Solar Technology Grid-tied String Inverter Product Portfolio

7.1.3 SMA Solar Technology Grid-tied String Inverter Production, Value, Price and Gross Margin (2020-2025)

7.1.4 SMA Solar Technology Main Business and Markets Served

7.1.5 SMA Solar Technology Recent Developments/Updates

7.2 Solaredge Technologies

7.2.1 Solaredge Technologies Grid-tied String Inverter Company Information

7.2.2 Solaredge Technologies Grid-tied String Inverter Product Portfolio

7.2.3 Solaredge Technologies Grid-tied String Inverter Production, Value, Price and Gross Margin (2020-2025)

7.2.4 Solaredge Technologies Main Business and Markets Served

7.2.5 Solaredge Technologies Recent Developments/Updates

7.3 Hitachi Hi-Rel

7.3.1 Hitachi Hi-Rel Grid-tied String Inverter Company Information

7.3.2 Hitachi Hi-Rel Grid-tied String Inverter Product Portfolio

7.3.3 Hitachi Hi-Rel Grid-tied String Inverter Production, Value, Price and Gross Margin (2020-2025)

7.3.4 Hitachi Hi-Rel Main Business and Markets Served

7.3.5 Hitachi Hi-Rel Recent Developments/Updates

7.4 Schneider Electric Solar

7.4.1 Schneider Electric Solar Grid-tied String Inverter Company Information

7.4.2 Schneider Electric Solar Grid-tied String Inverter Product Portfolio

7.4.3 Schneider Electric Solar Grid-tied String Inverter Production, Value, Price and Gross Margin (2020-2025)

7.4.4 Schneider Electric Solar Main Business and Markets Served

7.4.5 Schneider Electric Solar Recent Developments/Updates

7.5 ABB

7.5.1 ABB Grid-tied String Inverter Company Information

7.5.2 ABB Grid-tied String Inverter Product Portfolio

7.5.3 ABB Grid-tied String Inverter Production, Value, Price and Gross Margin (2020-2025)

7.5.4 ABB Main Business and Markets Served

7.5.5 ABB Recent Developments/Updates

7.6 Sungrow Power Supply

7.6.1 Sungrow Power Supply Grid-tied String Inverter Company Information

7.6.2 Sungrow Power Supply Grid-tied String Inverter Product Portfolio

7.6.3 Sungrow Power Supply Grid-tied String Inverter Production, Value, Price and Gross Margin (2020-2025)

7.6.4 Sungrow Power Supply Main Business and Markets Served

7.6.5 Sungrow Power Supply Recent Developments/Updates

7.7 Fronius

7.7.1 Fronius Grid-tied String Inverter Company Information

7.7.2 Fronius Grid-tied String Inverter Product Portfolio

7.7.3 Fronius Grid-tied String Inverter Production, Value, Price and Gross Margin (2020-2025)

7.7.4 Fronius Main Business and Markets Served

7.7.5 Fronius Recent Developments/Updates

7.8 Solarmax

7.8.1 Solarmax Grid-tied String Inverter Company Information

7.8.2 Solarmax Grid-tied String Inverter Product Portfolio

7.8.3 Solarmax Grid-tied String Inverter Production, Value, Price and Gross Margin (2020-2025)

7.8.4 Solarmax Main Business and Markets Served

7.8.5 Solarmax Recent Developments/Updates

7.9 Ksolare

7.9.1 Ksolare Grid-tied String Inverter Company Information

7.9.2 Ksolare Grid-tied String Inverter Product Portfolio

7.9.3 Ksolare Grid-tied String Inverter Production, Value, Price and Gross Margin (2020-2025)

7.9.4 Ksolare Main Business and Markets Served

7.9.5 Ksolare Recent Developments/Updates

7.10 Yaskawa-Solectria Solar

7.10.1 Yaskawa-Solectria Solar Grid-tied String Inverter Company Information

7.10.2 Yaskawa-Solectria Solar Grid-tied String Inverter Product Portfolio

7.10.3 Yaskawa-Solectria Solar Grid-tied String Inverter Production, Value, Price and Gross Margin (2020-2025)

7.10.4 Yaskawa-Solectria Solar Main Business and Markets Served

7.10.5 Yaskawa-Solectria Solar Recent Developments/Updates

7.11 Ginlong Technologies

7.11.1 Ginlong Technologies Grid-tied String Inverter Company Information

7.11.2 Ginlong Technologies Grid-tied String Inverter Product Portfolio

7.11.3 Ginlong Technologies Grid-tied String Inverter Production, Value, Price and Gross Margin (2020-2025)

7.11.4 Ginlong Technologies Main Business and Markets Served

7.11.5 Ginlong Technologies Recent Developments/Updates

7.12 Delta Energy System

7.12.1 Delta Energy System Grid-tied String Inverter Company Information

7.12.2 Delta Energy System Grid-tied String Inverter Product Portfolio

7.12.3 Delta Energy System Grid-tied String Inverter Production, Value, Price and Gross Margin (2020-2025)

7.12.4 Delta Energy System Main Business and Markets Served

7.12.5 Delta Energy System Recent Developments/Updates

7.13 Samil Power

7.13.1 Samil Power Grid-tied String Inverter Company Information

7.13.2 Samil Power Grid-tied String Inverter Product Portfolio

7.13.3 Samil Power Grid-tied String Inverter Production, Value, Price and Gross Margin (2020-2025)

7.13.4 Samil Power Main Business and Markets Served

7.13.5 Samil Power Recent Developments/Updates

7.14 KACO New Energy

7.14.1 KACO New Energy Grid-tied String Inverter Company Information

7.14.2 KACO New Energy Grid-tied String Inverter Product Portfolio

7.14.3 KACO New Energy Grid-tied String Inverter Production, Value, Price and Gross Margin (2020-2025)

7.14.4 KACO New Energy Main Business and Markets Served

7.14.5 KACO New Energy Recent Developments/Updates

7.15 Chint Power Systems

7.15.1 Chint Power Systems Grid-tied String Inverter Company Information

7.15.2 Chint Power Systems Grid-tied String Inverter Product Portfolio

7.15.3 Chint Power Systems Grid-tied String Inverter Production, Value, Price and Gross Margin (2020-2025)

7.15.4 Chint Power Systems Main Business and Markets Served

7.15.5 Chint Power Systems Recent Developments/Updates

7.16 Huawei Technologies

7.16.1 Huawei Technologies Grid-tied String Inverter Company Information

7.16.2 Huawei Technologies Grid-tied String Inverter Product Portfolio

7.16.3 Huawei Technologies Grid-tied String Inverter Production, Value, Price and Gross Margin (2020-2025)

7.16.4 Huawei Technologies Main Business and Markets Served

7.16.5 Huawei Technologies Recent Developments/Updates

7.17 Ningbo Deye Technology

7.17.1 Ningbo Deye Technology Grid-tied String Inverter Company Information

7.17.2 Ningbo Deye Technology Grid-tied String Inverter Product Portfolio

7.17.3 Ningbo Deye Technology Grid-tied String Inverter Production, Value, Price and Gross Margin (2020-2025)

7.17.4 Ningbo Deye Technology Main Business and Markets Served

7.17.5 Ningbo Deye Technology Recent Developments/Updates

7.18 Austasolar

7.18.1 Austasolar Grid-tied String Inverter Company Information

7.18.2 Austasolar Grid-tied String Inverter Product Portfolio

7.18.3 Austasolar Grid-tied String Inverter Production, Value, Price and Gross Margin (2020-2025)

7.18.4 Austasolar Main Business and Markets Served

7.18.5 Austasolar Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 Grid-tied String Inverter Industry Chain Analysis

8.2 Grid-tied String Inverter Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 Grid-tied String Inverter Production Mode & Process Analysis

8.4 Grid-tied String Inverter Sales and Marketing

8.4.1 Grid-tied String Inverter Sales Channels

8.4.2 Grid-tied String Inverter Distributors

8.5 Grid-tied String Inverter Customer Analysis

9 Grid-tied String Inverter Market Dynamics

9.1 Grid-tied String Inverter Industry Trends

9.2 Grid-tied String Inverter Market Drivers

9.3 Grid-tied String Inverter Market Challenges

9.4 Grid-tied String Inverter Market 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 Market Size Estimation

11.1.3 Market 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

FEATURED COMPANIES

SMA Solar Technology

SolarEdge Technologies

Sungrow Power Supply

Fronius

Solarmax

Yaskawa-Solectria Solar

Ningbo Deye Technology

Hitachi Hi-Rel

Ksolare

Austasolar

Schneider Electric Solar

ABB Ltd

List of Tables

Table 1. Global Grid-tied String Inverter Market Value by Type, (US$ Million) & (2024 VS 2031)

Table 2. Global Grid-tied String Inverter Market Value by Application, (US$ Million) & (2024 VS 2031)

Table 3. Global Grid-tied String Inverter Production Capacity (K Units) by Manufacturers in 2024

Table 4. Global Grid-tied String Inverter Production by Manufacturers (2020-2025) & (K Units)

Table 5. Global Grid-tied String Inverter Production Market Share by Manufacturers (2020-2025)

Table 6. Global Grid-tied String Inverter Production Value by Manufacturers (2020-2025) & (US$ Million)

Table 7. Global Grid-tied String Inverter Production Value Share by Manufacturers (2020-2025)

Table 8. Global Key Players of Grid-tied String Inverter, Industry Ranking, 2023 VS 2024

Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Grid-tied String Inverter as of 2024)

Table 10. Global Market Grid-tied String Inverter Average Price by Manufacturers (US$/Unit) & (2020-2025)

Table 11. Global Key Manufacturers of Grid-tied String Inverter, Manufacturing Base Distribution and Headquarters

Table 12. Global Key Manufacturers of Grid-tied String Inverter, Product Offered and Application

Table 13. Global Key Manufacturers of Grid-tied String Inverter, Date of Enter into This Industry

Table 14. Global Grid-tied String Inverter Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 15. Mergers & Acquisitions, Expansion Plans

Table 16. Global Grid-tied String Inverter Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 17. Global Grid-tied String Inverter Production Value (US$ Million) by Region (2020-2025)

Table 18. Global Grid-tied String Inverter Production Value Market Share by Region (2020-2025)

Table 19. Global Grid-tied String Inverter Production Value (US$ Million) Forecast by Region (2026-2031)

Table 20. Global Grid-tied String Inverter Production Value Market Share Forecast by Region (2026-2031)

Table 21. Global Grid-tied String Inverter Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)

Table 22. Global Grid-tied String Inverter Production (K Units) by Region (2020-2025)

Table 23. Global Grid-tied String Inverter Production Market Share by Region (2020-2025)

Table 24. Global Grid-tied String Inverter Production (K Units) Forecast by Region (2026-2031)

Table 25. Global Grid-tied String Inverter Production Market Share Forecast by Region (2026-2031)

Table 26. Global Grid-tied String Inverter Market Average Price (US$/Unit) by Region (2020-2025)

Table 27. Global Grid-tied String Inverter Market Average Price (US$/Unit) by Region (2026-2031)

Table 28. Global Grid-tied String Inverter Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)

Table 29. Global Grid-tied String Inverter Consumption by Region (2020-2025) & (K Units)

Table 30. Global Grid-tied String Inverter Consumption Market Share by Region (2020-2025)

Table 31. Global Grid-tied String Inverter Forecasted Consumption by Region (2026-2031) & (K Units)

Table 32. Global Grid-tied String Inverter Forecasted Consumption Market Share by Region (2026-2031)

Table 33. North America Grid-tied String Inverter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 34. North America Grid-tied String Inverter Consumption by Country (2020-2025) & (K Units)

Table 35. North America Grid-tied String Inverter Consumption by Country (2026-2031) & (K Units)

Table 36. Europe Grid-tied String Inverter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 37. Europe Grid-tied String Inverter Consumption by Country (2020-2025) & (K Units)

Table 38. Europe Grid-tied String Inverter Consumption by Country (2026-2031) & (K Units)

Table 39. Asia Pacific Grid-tied String Inverter Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)

Table 40. Asia Pacific Grid-tied String Inverter Consumption by Region (2020-2025) & (K Units)

Table 41. Asia Pacific Grid-tied String Inverter Consumption by Region (2026-2031) & (K Units)

Table 42. Latin America, Middle East & Africa Grid-tied String Inverter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 43. Latin America, Middle East & Africa Grid-tied String Inverter Consumption by Country (2020-2025) & (K Units)

Table 44. Latin America, Middle East & Africa Grid-tied String Inverter Consumption by Country (2026-2031) & (K Units)

Table 45. Global Grid-tied String Inverter Production (K Units) by Type (2020-2025)

Table 46. Global Grid-tied String Inverter Production (K Units) by Type (2026-2031)

Table 47. Global Grid-tied String Inverter Production Market Share by Type (2020-2025)

Table 48. Global Grid-tied String Inverter Production Market Share by Type (2026-2031)

Table 49. Global Grid-tied String Inverter Production Value (US$ Million) by Type (2020-2025)

Table 50. Global Grid-tied String Inverter Production Value (US$ Million) by Type (2026-2031)

Table 51. Global Grid-tied String Inverter Production Value Market Share by Type (2020-2025)

Table 52. Global Grid-tied String Inverter Production Value Market Share by Type (2026-2031)

Table 53. Global Grid-tied String Inverter Price (US$/Unit) by Type (2020-2025)

Table 54. Global Grid-tied String Inverter Price (US$/Unit) by Type (2026-2031)

Table 55. Global Grid-tied String Inverter Production (K Units) by Application (2020-2025)

Table 56. Global Grid-tied String Inverter Production (K Units) by Application (2026-2031)

Table 57. Global Grid-tied String Inverter Production Market Share by Application (2020-2025)

Table 58. Global Grid-tied String Inverter Production Market Share by Application (2026-2031)

Table 59. Global Grid-tied String Inverter Production Value (US$ Million) by Application (2020-2025)

Table 60. Global Grid-tied String Inverter Production Value (US$ Million) by Application (2026-2031)

Table 61. Global Grid-tied String Inverter Production Value Market Share by Application (2020-2025)

Table 62. Global Grid-tied String Inverter Production Value Market Share by Application (2026-2031)

Table 63. Global Grid-tied String Inverter Price (US$/Unit) by Application (2020-2025)

Table 64. Global Grid-tied String Inverter Price (US$/Unit) by Application (2026-2031)

Table 65. SMA Solar Technology Grid-tied String Inverter Company Information

Table 66. SMA Solar Technology Grid-tied String Inverter Specification and Application

Table 67. SMA Solar Technology Grid-tied String Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 68. SMA Solar Technology Main Business and Markets Served

Table 69. SMA Solar Technology Recent Developments/Updates

Table 70. Solaredge Technologies Grid-tied String Inverter Company Information

Table 71. Solaredge Technologies Grid-tied String Inverter Specification and Application

Table 72. Solaredge Technologies Grid-tied String Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 73. Solaredge Technologies Main Business and Markets Served

Table 74. Solaredge Technologies Recent Developments/Updates

Table 75. Hitachi Hi-Rel Grid-tied String Inverter Company Information

Table 76. Hitachi Hi-Rel Grid-tied String Inverter Specification and Application

Table 77. Hitachi Hi-Rel Grid-tied String Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 78. Hitachi Hi-Rel Main Business and Markets Served

Table 79. Hitachi Hi-Rel Recent Developments/Updates

Table 80. Schneider Electric Solar Grid-tied String Inverter Company Information

Table 81. Schneider Electric Solar Grid-tied String Inverter Specification and Application

Table 82. Schneider Electric Solar Grid-tied String Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 83. Schneider Electric Solar Main Business and Markets Served

Table 84. Schneider Electric Solar Recent Developments/Updates

Table 85. ABB Grid-tied String Inverter Company Information

Table 86. ABB Grid-tied String Inverter Specification and Application

Table 87. ABB Grid-tied String Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 88. ABB Main Business and Markets Served

Table 89. ABB Recent Developments/Updates

Table 90. Sungrow Power Supply Grid-tied String Inverter Company Information

Table 91. Sungrow Power Supply Grid-tied String Inverter Specification and Application

Table 92. Sungrow Power Supply Grid-tied String Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 93. Sungrow Power Supply Main Business and Markets Served

Table 94. Sungrow Power Supply Recent Developments/Updates

Table 95. Fronius Grid-tied String Inverter Company Information

Table 96. Fronius Grid-tied String Inverter Specification and Application

Table 97. Fronius Grid-tied String Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 98. Fronius Main Business and Markets Served

Table 99. Fronius Recent Developments/Updates

Table 100. Solarmax Grid-tied String Inverter Company Information

Table 101. Solarmax Grid-tied String Inverter Specification and Application

Table 102. Solarmax Grid-tied String Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 103. Solarmax Main Business and Markets Served

Table 104. Solarmax Recent Developments/Updates

Table 105. Ksolare Grid-tied String Inverter Company Information

Table 106. Ksolare Grid-tied String Inverter Specification and Application

Table 107. Ksolare Grid-tied String Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 108. Ksolare Main Business and Markets Served

Table 109. Ksolare Recent Developments/Updates

Table 110. Yaskawa-Solectria Solar Grid-tied String Inverter Company Information

Table 111. Yaskawa-Solectria Solar Grid-tied String Inverter Specification and Application

Table 112. Yaskawa-Solectria Solar Grid-tied String Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 113. Yaskawa-Solectria Solar Main Business and Markets Served

Table 114. Yaskawa-Solectria Solar Recent Developments/Updates

Table 115. Ginlong Technologies Grid-tied String Inverter Company Information

Table 116. Ginlong Technologies Grid-tied String Inverter Specification and Application

Table 117. Ginlong Technologies Grid-tied String Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 118. Ginlong Technologies Main Business and Markets Served

Table 119. Ginlong Technologies Recent Developments/Updates

Table 120. Delta Energy System Grid-tied String Inverter Company Information

Table 121. Delta Energy System Grid-tied String Inverter Specification and Application

Table 122. Delta Energy System Grid-tied String Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 123. Delta Energy System Main Business and Markets Served

Table 124. Delta Energy System Recent Developments/Updates

Table 125. Samil Power Grid-tied String Inverter Company Information

Table 126. Samil Power Grid-tied String Inverter Specification and Application

Table 127. Samil Power Grid-tied String Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 128. Samil Power Main Business and Markets Served

Table 129. Samil Power Recent Developments/Updates

Table 130. KACO New Energy Grid-tied String Inverter Company Information

Table 131. KACO New Energy Grid-tied String Inverter Specification and Application

Table 132. KACO New Energy Grid-tied String Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 133. KACO New Energy Main Business and Markets Served

Table 134. KACO New Energy Recent Developments/Updates

Table 135. Chint Power Systems Grid-tied String Inverter Company Information

Table 136. Chint Power Systems Grid-tied String Inverter Specification and Application

Table 137. Chint Power Systems Grid-tied String Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 138. Chint Power Systems Main Business and Markets Served

Table 139. Chint Power Systems Recent Developments/Updates

Table 140. Huawei Technologies Grid-tied String Inverter Company Information

Table 141. Huawei Technologies Grid-tied String Inverter Specification and Application

Table 142. Huawei Technologies Grid-tied String Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 143. Huawei Technologies Main Business and Markets Served

Table 144. Huawei Technologies Recent Developments/Updates

Table 145. Ningbo Deye Technology Grid-tied String Inverter Company Information

Table 146. Ningbo Deye Technology Grid-tied String Inverter Specification and Application

Table 147. Ningbo Deye Technology Grid-tied String Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 148. Ningbo Deye Technology Main Business and Markets Served

Table 149. Ningbo Deye Technology Recent Developments/Updates

Table 150. Austasolar Grid-tied String Inverter Company Information

Table 151. Austasolar Grid-tied String Inverter Specification and Application

Table 152. Austasolar Grid-tied String Inverter Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 153. Austasolar Main Business and Markets Served

Table 154. Austasolar Recent Developments/Updates

Table 155. Key Raw Materials Lists

Table 156. Raw Materials Key Suppliers Lists

Table 157. Grid-tied String Inverter Distributors List

Table 158. Grid-tied String Inverter Customers List

Table 159. Grid-tied String Inverter Market Trends

Table 160. Grid-tied String Inverter Market Drivers

Table 161. Grid-tied String Inverter Market Challenges

Table 162. Grid-tied String Inverter Market Restraints

Table 163. Research Programs/Design for This Report

Table 164. Key Data Information from Secondary Sources

Table 165. Key Data Information from Primary Sources

Table 166. Authors List of This Report

List of Figures

Figure 1. Product Picture of Grid-tied String Inverter

Figure 2. Global Grid-tied String Inverter Market Value by Type, (US$ Million) & (2020-2031)

Figure 3. Global Grid-tied String Inverter Market Share by Type: 2024 VS 2031

Figure 4. 3.6-6KW Product Picture

Figure 5. 30-50KW Product Picture

Figure 6. 30-50KW Product Picture

Figure 7. Others Product Picture

Figure 8. Global Grid-tied String Inverter Market Value by Application, (US$ Million) & (2020-2031)

Figure 9. Global Grid-tied String Inverter Market Share by Application: 2024 VS 2031

Figure 10. Residential

Figure 11. Commercial & Industrial

Figure 12. Utilities

Figure 13. Global Grid-tied String Inverter Production Value (US$ Million), 2020 VS 2024 VS 2031

Figure 14. Global Grid-tied String Inverter Production Value (US$ Million) & (2020-2031)

Figure 15. Global Grid-tied String Inverter Production Capacity (K Units) & (2020-2031)

Figure 16. Global Grid-tied String Inverter Production (K Units) & (2020-2031)

Figure 17. Global Grid-tied String Inverter Average Price (US$/Unit) & (2020-2031)

Figure 18. Grid-tied String Inverter Report Years Considered

Figure 19. Grid-tied String Inverter Production Share by Manufacturers in 2024

Figure 20. Global Grid-tied String Inverter Production Value Share by Manufacturers (2024)

Figure 21. Grid-tied String Inverter Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 22. The Global 5 and 10 Largest Players: Market Share by Grid-tied String Inverter Revenue in 2024

Figure 23. Global Grid-tied String Inverter Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 24. Global Grid-tied String Inverter Production Value Market Share by Region: 2020 VS 2024 VS 2031

Figure 25. Global Grid-tied String Inverter Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)

Figure 26. Global Grid-tied String Inverter Production Market Share by Region: 2020 VS 2024 VS 2031

Figure 27. North America Grid-tied String Inverter Production Value (US$ Million) Growth Rate (2020-2031)

Figure 28. Europe Grid-tied String Inverter Production Value (US$ Million) Growth Rate (2020-2031)

Figure 29. China Grid-tied String Inverter Production Value (US$ Million) Growth Rate (2020-2031)

Figure 30. Japan Grid-tied String Inverter Production Value (US$ Million) Growth Rate (2020-2031)

Figure 31. Global Grid-tied String Inverter Consumption by Region: 2020 VS 2024 VS 2031 (K Units)

Figure 32. Global Grid-tied String Inverter Consumption Market Share by Region: 2020 VS 2024 VS 2031

Figure 33. North America Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 34. North America Grid-tied String Inverter Consumption Market Share by Country (2020-2031)

Figure 35. U.S. Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 36. Canada Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 37. Europe Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 38. Europe Grid-tied String Inverter Consumption Market Share by Country (2020-2031)

Figure 39. Germany Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 40. France Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 41. U.K. Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 42. Italy Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 43. Netherlands Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 44. Asia Pacific Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 45. Asia Pacific Grid-tied String Inverter Consumption Market Share by Region (2020-2031)

Figure 46. China Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 47. Japan Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 48. South Korea Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 49. China Taiwan Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 50. Southeast Asia Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 51. India Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 52. Latin America, Middle East & Africa Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 53. Latin America, Middle East & Africa Grid-tied String Inverter Consumption Market Share by Country (2020-2031)

Figure 54. Mexico Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 55. Brazil Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 56. Turkey Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 57. GCC Countries Grid-tied String Inverter Consumption and Growth Rate (2020-2031) & (K Units)

Figure 58. Global Production Market Share of Grid-tied String Inverter by Type (2020-2031)

Figure 59. Global Production Value Market Share of Grid-tied String Inverter by Type (2020-2031)

Figure 60. Global Grid-tied String Inverter Price (US$/Unit) by Type (2020-2031)

Figure 61. Global Production Market Share of Grid-tied String Inverter by Application (2020-2031)

Figure 62. Global Production Value Market Share of Grid-tied String Inverter by Application (2020-2031)

Figure 63. Global Grid-tied String Inverter Price (US$/Unit) by Application (2020-2031)

Figure 64. Grid-tied String Inverter Value Chain

Figure 65. Channels of Distribution (Direct Vs Distribution)

Figure 66. Bottom-up and Top-down Approaches for This Report

Figure 67. Data Triangulation

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