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Global String Solar PV Inverters Market Research Report 2025
Published Date: February 2025
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Report Code: QYRE-Auto-5L10372
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Global String Solar PV Inverters Market Research Report 2022
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Global String Solar PV Inverters Market Research Report 2025

Code: QYRE-Auto-5L10372
Report
February 2025
Pages:125
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

String Solar PV Inverters Market Size

The global market for String Solar PV Inverters was valued at US$ 17750 million in the year 2024 and is projected to reach a revised size of US$ 36930 million by 2031, growing at a CAGR of 11.2% during the forecast period.

String Solar PV Inverters Market

String Solar PV Inverters Market

The string-type solar photovoltaic inverter directly converts the direct current generated by the photovoltaic modules into alternating current, which is then boosted and connected to the grid. String-type solar photovoltaic inverters are not affected by module differences between strings and shadows, and at the same time reduce the mismatch between the best operating point of photovoltaic cell modules and the inverter, and maximize power generation. At the same time, the smaller size and self-consumption can reduce the impact of failures.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China"s photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan"s newly installed photovoltaic capacity was 3.72 GW. The growing popularity of renewable energy sources, especially the deployment of solar photovoltaic power generation, has significantly increased the demand for solar modules in recent years. Rising goals and initiatives in developing countries to reduce dependence on fossil fuels and enhance energy security are expected to encourage demand for solar energy systems. The demand for string inverters is increasing due to their high efficiency to maximize the energy generated by solar systems. Furthermore, multiple incentives and regulatory measures to encourage the adoption of sustainable technologies will drive the market demand. A string inverter is a type of solar inverter used in photovoltaic (PV) solar energy systems. The main function of a string inverter is to convert the direct current (DC) power generated by solar panels into alternating current (AC) power that can be used by a home or business or fed into the grid. Manufacturers are constantly developing new technologies to improve the efficiency and reliability of string inverters. For example, global manufacturers are focusing on R&D activities to develop string inverters with built-in monitoring and diagnostic tools, which can improve overall system performance and reduce maintenance costs. Additionally, the growing demand for string inverters with integrated battery energy storage will positively impact the growth of the string inverter market.

Report Scope

This report aims to provide a comprehensive presentation of the global market for String Solar PV Inverters, 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 String Solar PV Inverters.
The String Solar PV Inverters 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 String Solar PV Inverters 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 String Solar PV Inverters 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 String Solar PV Inverters Market Report

Report Metric Details
Report Name String Solar PV Inverters Market
Accounted market size in year US$ 17750 million
Forecasted market size in 2031 US$ 36930 million
CAGR 11.2%
Base Year year
Forecasted years 2025 - 2031
by Type
  • Low Frequency Inverter
  • High Frequency Inverter
by Application
  • DC Voltage Source
  • Grid Connection
  • Others
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, General Electric, Siemens, Schneider Electric, Cyber​​ Power Systems, Tesla Powerwall, Luminous, Leonics, INVT, Easun Power, Alencon Systems, Fimer Group, Sungrow, Hitachi, Huawei, TBEA, Yaskawa-Solectria Solar, Fronius, Growatt, Tabuchi Electric, Ginlong, GoodWe
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 String Solar PV Inverters manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of String Solar PV Inverters 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 String Solar PV Inverters 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 String Solar PV Inverters Market growing?

Ans: The String Solar PV Inverters Market witnessing a CAGR of 11.2% during the forecast period 2025-2031.

What is the String Solar PV Inverters Market size in 2031?

Ans: The String Solar PV Inverters Market size in 2031 will be US$ 36930 million.

What is the String Solar PV Inverters Market share by region?

Ans: According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%.

Who are the main players in the String Solar PV Inverters Market report?

Ans: The main players in the String Solar PV Inverters Market are SMA Solar Technology, SolarEdge, General Electric, Siemens, Schneider Electric, Cyber​​ Power Systems, Tesla Powerwall, Luminous, Leonics, INVT, Easun Power, Alencon Systems, Fimer Group, Sungrow, Hitachi, Huawei, TBEA, Yaskawa-Solectria Solar, Fronius, Growatt, Tabuchi Electric, Ginlong, GoodWe

What are the Application segmentation covered in the String Solar PV Inverters Market report?

Ans: The Applications covered in the String Solar PV Inverters Market report are DC Voltage Source, Grid Connection, Others

What are the Type segmentation covered in the String Solar PV Inverters Market report?

Ans: The Types covered in the String Solar PV Inverters Market report are Low Frequency Inverter, High Frequency Inverter

1 String Solar PV Inverters Market Overview
1.1 Product Definition
1.2 String Solar PV Inverters by Type
1.2.1 Global String Solar PV Inverters Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Low Frequency Inverter
1.2.3 High Frequency Inverter
1.3 String Solar PV Inverters by Application
1.3.1 Global String Solar PV Inverters Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 DC Voltage Source
1.3.3 Grid Connection
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global String Solar PV Inverters Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global String Solar PV Inverters Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global String Solar PV Inverters Production Estimates and Forecasts (2020-2031)
1.4.4 Global String Solar PV Inverters Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global String Solar PV Inverters Production Market Share by Manufacturers (2020-2025)
2.2 Global String Solar PV Inverters Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of String Solar PV Inverters, Industry Ranking, 2023 VS 2024
2.4 Global String Solar PV Inverters Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global String Solar PV Inverters Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of String Solar PV Inverters, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of String Solar PV Inverters, Product Offered and Application
2.8 Global Key Manufacturers of String Solar PV Inverters, Date of Enter into This Industry
2.9 String Solar PV Inverters Market Competitive Situation and Trends
2.9.1 String Solar PV Inverters Market Concentration Rate
2.9.2 Global 5 and 10 Largest String Solar PV Inverters Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 String Solar PV Inverters Production by Region
3.1 Global String Solar PV Inverters Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global String Solar PV Inverters Production Value by Region (2020-2031)
3.2.1 Global String Solar PV Inverters Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of String Solar PV Inverters by Region (2026-2031)
3.3 Global String Solar PV Inverters Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global String Solar PV Inverters Production Volume by Region (2020-2031)
3.4.1 Global String Solar PV Inverters Production by Region (2020-2025)
3.4.2 Global Forecasted Production of String Solar PV Inverters by Region (2026-2031)
3.5 Global String Solar PV Inverters Market Price Analysis by Region (2020-2025)
3.6 Global String Solar PV Inverters Production and Value, Year-over-Year Growth
3.6.1 North America String Solar PV Inverters Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe String Solar PV Inverters Production Value Estimates and Forecasts (2020-2031)
3.6.3 China String Solar PV Inverters Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan String Solar PV Inverters Production Value Estimates and Forecasts (2020-2031)
4 String Solar PV Inverters Consumption by Region
4.1 Global String Solar PV Inverters Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global String Solar PV Inverters Consumption by Region (2020-2031)
4.2.1 Global String Solar PV Inverters Consumption by Region (2020-2025)
4.2.2 Global String Solar PV Inverters Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America String Solar PV Inverters Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America String Solar PV Inverters Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe String Solar PV Inverters Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe String Solar PV Inverters 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 String Solar PV Inverters Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific String Solar PV Inverters 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 String Solar PV Inverters Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa String Solar PV Inverters 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 String Solar PV Inverters Production by Type (2020-2031)
5.1.1 Global String Solar PV Inverters Production by Type (2020-2025)
5.1.2 Global String Solar PV Inverters Production by Type (2026-2031)
5.1.3 Global String Solar PV Inverters Production Market Share by Type (2020-2031)
5.2 Global String Solar PV Inverters Production Value by Type (2020-2031)
5.2.1 Global String Solar PV Inverters Production Value by Type (2020-2025)
5.2.2 Global String Solar PV Inverters Production Value by Type (2026-2031)
5.2.3 Global String Solar PV Inverters Production Value Market Share by Type (2020-2031)
5.3 Global String Solar PV Inverters Price by Type (2020-2031)
6 Segment by Application
6.1 Global String Solar PV Inverters Production by Application (2020-2031)
6.1.1 Global String Solar PV Inverters Production by Application (2020-2025)
6.1.2 Global String Solar PV Inverters Production by Application (2026-2031)
6.1.3 Global String Solar PV Inverters Production Market Share by Application (2020-2031)
6.2 Global String Solar PV Inverters Production Value by Application (2020-2031)
6.2.1 Global String Solar PV Inverters Production Value by Application (2020-2025)
6.2.2 Global String Solar PV Inverters Production Value by Application (2026-2031)
6.2.3 Global String Solar PV Inverters Production Value Market Share by Application (2020-2031)
6.3 Global String Solar PV Inverters Price by Application (2020-2031)
7 Key Companies Profiled
7.1 SMA Solar Technology
7.1.1 SMA Solar Technology String Solar PV Inverters Company Information
7.1.2 SMA Solar Technology String Solar PV Inverters Product Portfolio
7.1.3 SMA Solar Technology String Solar PV Inverters 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
7.2.1 SolarEdge String Solar PV Inverters Company Information
7.2.2 SolarEdge String Solar PV Inverters Product Portfolio
7.2.3 SolarEdge String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.2.4 SolarEdge Main Business and Markets Served
7.2.5 SolarEdge Recent Developments/Updates
7.3 General Electric
7.3.1 General Electric String Solar PV Inverters Company Information
7.3.2 General Electric String Solar PV Inverters Product Portfolio
7.3.3 General Electric String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.3.4 General Electric Main Business and Markets Served
7.3.5 General Electric Recent Developments/Updates
7.4 Siemens
7.4.1 Siemens String Solar PV Inverters Company Information
7.4.2 Siemens String Solar PV Inverters Product Portfolio
7.4.3 Siemens String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Siemens Main Business and Markets Served
7.4.5 Siemens Recent Developments/Updates
7.5 Schneider Electric
7.5.1 Schneider Electric String Solar PV Inverters Company Information
7.5.2 Schneider Electric String Solar PV Inverters Product Portfolio
7.5.3 Schneider Electric String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Schneider Electric Main Business and Markets Served
7.5.5 Schneider Electric Recent Developments/Updates
7.6 Cyber​​ Power Systems
7.6.1 Cyber​​ Power Systems String Solar PV Inverters Company Information
7.6.2 Cyber​​ Power Systems String Solar PV Inverters Product Portfolio
7.6.3 Cyber​​ Power Systems String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Cyber​​ Power Systems Main Business and Markets Served
7.6.5 Cyber​​ Power Systems Recent Developments/Updates
7.7 Tesla Powerwall
7.7.1 Tesla Powerwall String Solar PV Inverters Company Information
7.7.2 Tesla Powerwall String Solar PV Inverters Product Portfolio
7.7.3 Tesla Powerwall String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Tesla Powerwall Main Business and Markets Served
7.7.5 Tesla Powerwall Recent Developments/Updates
7.8 Luminous
7.8.1 Luminous String Solar PV Inverters Company Information
7.8.2 Luminous String Solar PV Inverters Product Portfolio
7.8.3 Luminous String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Luminous Main Business and Markets Served
7.8.5 Luminous Recent Developments/Updates
7.9 Leonics
7.9.1 Leonics String Solar PV Inverters Company Information
7.9.2 Leonics String Solar PV Inverters Product Portfolio
7.9.3 Leonics String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Leonics Main Business and Markets Served
7.9.5 Leonics Recent Developments/Updates
7.10 INVT
7.10.1 INVT String Solar PV Inverters Company Information
7.10.2 INVT String Solar PV Inverters Product Portfolio
7.10.3 INVT String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.10.4 INVT Main Business and Markets Served
7.10.5 INVT Recent Developments/Updates
7.11 Easun Power
7.11.1 Easun Power String Solar PV Inverters Company Information
7.11.2 Easun Power String Solar PV Inverters Product Portfolio
7.11.3 Easun Power String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Easun Power Main Business and Markets Served
7.11.5 Easun Power Recent Developments/Updates
7.12 Alencon Systems
7.12.1 Alencon Systems String Solar PV Inverters Company Information
7.12.2 Alencon Systems String Solar PV Inverters Product Portfolio
7.12.3 Alencon Systems String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Alencon Systems Main Business and Markets Served
7.12.5 Alencon Systems Recent Developments/Updates
7.13 Fimer Group
7.13.1 Fimer Group String Solar PV Inverters Company Information
7.13.2 Fimer Group String Solar PV Inverters Product Portfolio
7.13.3 Fimer Group String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Fimer Group Main Business and Markets Served
7.13.5 Fimer Group Recent Developments/Updates
7.14 Sungrow
7.14.1 Sungrow String Solar PV Inverters Company Information
7.14.2 Sungrow String Solar PV Inverters Product Portfolio
7.14.3 Sungrow String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Sungrow Main Business and Markets Served
7.14.5 Sungrow Recent Developments/Updates
7.15 Hitachi
7.15.1 Hitachi String Solar PV Inverters Company Information
7.15.2 Hitachi String Solar PV Inverters Product Portfolio
7.15.3 Hitachi String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Hitachi Main Business and Markets Served
7.15.5 Hitachi Recent Developments/Updates
7.16 Huawei
7.16.1 Huawei String Solar PV Inverters Company Information
7.16.2 Huawei String Solar PV Inverters Product Portfolio
7.16.3 Huawei String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Huawei Main Business and Markets Served
7.16.5 Huawei Recent Developments/Updates
7.17 TBEA
7.17.1 TBEA String Solar PV Inverters Company Information
7.17.2 TBEA String Solar PV Inverters Product Portfolio
7.17.3 TBEA String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.17.4 TBEA Main Business and Markets Served
7.17.5 TBEA Recent Developments/Updates
7.18 Yaskawa-Solectria Solar
7.18.1 Yaskawa-Solectria Solar String Solar PV Inverters Company Information
7.18.2 Yaskawa-Solectria Solar String Solar PV Inverters Product Portfolio
7.18.3 Yaskawa-Solectria Solar String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.18.4 Yaskawa-Solectria Solar Main Business and Markets Served
7.18.5 Yaskawa-Solectria Solar Recent Developments/Updates
7.19 Fronius
7.19.1 Fronius String Solar PV Inverters Company Information
7.19.2 Fronius String Solar PV Inverters Product Portfolio
7.19.3 Fronius String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.19.4 Fronius Main Business and Markets Served
7.19.5 Fronius Recent Developments/Updates
7.20 Growatt
7.20.1 Growatt String Solar PV Inverters Company Information
7.20.2 Growatt String Solar PV Inverters Product Portfolio
7.20.3 Growatt String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.20.4 Growatt Main Business and Markets Served
7.20.5 Growatt Recent Developments/Updates
7.21 Tabuchi Electric
7.21.1 Tabuchi Electric String Solar PV Inverters Company Information
7.21.2 Tabuchi Electric String Solar PV Inverters Product Portfolio
7.21.3 Tabuchi Electric String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.21.4 Tabuchi Electric Main Business and Markets Served
7.21.5 Tabuchi Electric Recent Developments/Updates
7.22 Ginlong
7.22.1 Ginlong String Solar PV Inverters Company Information
7.22.2 Ginlong String Solar PV Inverters Product Portfolio
7.22.3 Ginlong String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.22.4 Ginlong Main Business and Markets Served
7.22.5 Ginlong Recent Developments/Updates
7.23 GoodWe
7.23.1 GoodWe String Solar PV Inverters Company Information
7.23.2 GoodWe String Solar PV Inverters Product Portfolio
7.23.3 GoodWe String Solar PV Inverters Production, Value, Price and Gross Margin (2020-2025)
7.23.4 GoodWe Main Business and Markets Served
7.23.5 GoodWe Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 String Solar PV Inverters Industry Chain Analysis
8.2 String Solar PV Inverters Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 String Solar PV Inverters Production Mode & Process Analysis
8.4 String Solar PV Inverters Sales and Marketing
8.4.1 String Solar PV Inverters Sales Channels
8.4.2 String Solar PV Inverters Distributors
8.5 String Solar PV Inverters Customer Analysis
9 String Solar PV Inverters Market Dynamics
9.1 String Solar PV Inverters Industry Trends
9.2 String Solar PV Inverters Market Drivers
9.3 String Solar PV Inverters Market Challenges
9.4 String Solar PV Inverters 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
List of Tables
 Table 1. Global String Solar PV Inverters Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global String Solar PV Inverters Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global String Solar PV Inverters Production Capacity (K Units) by Manufacturers in 2024
 Table 4. Global String Solar PV Inverters Production by Manufacturers (2020-2025) & (K Units)
 Table 5. Global String Solar PV Inverters Production Market Share by Manufacturers (2020-2025)
 Table 6. Global String Solar PV Inverters Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global String Solar PV Inverters Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of String Solar PV Inverters, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in String Solar PV Inverters as of 2024)
 Table 10. Global Market String Solar PV Inverters Average Price by Manufacturers (USD/Unit) & (2020-2025)
 Table 11. Global Key Manufacturers of String Solar PV Inverters, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of String Solar PV Inverters, Product Offered and Application
 Table 13. Global Key Manufacturers of String Solar PV Inverters, Date of Enter into This Industry
 Table 14. Global String Solar PV Inverters Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global String Solar PV Inverters Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global String Solar PV Inverters Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global String Solar PV Inverters Production Value Market Share by Region (2020-2025)
 Table 19. Global String Solar PV Inverters Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global String Solar PV Inverters Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global String Solar PV Inverters Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 22. Global String Solar PV Inverters Production (K Units) by Region (2020-2025)
 Table 23. Global String Solar PV Inverters Production Market Share by Region (2020-2025)
 Table 24. Global String Solar PV Inverters Production (K Units) Forecast by Region (2026-2031)
 Table 25. Global String Solar PV Inverters Production Market Share Forecast by Region (2026-2031)
 Table 26. Global String Solar PV Inverters Market Average Price (USD/Unit) by Region (2020-2025)
 Table 27. Global String Solar PV Inverters Market Average Price (USD/Unit) by Region (2026-2031)
 Table 28. Global String Solar PV Inverters Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 29. Global String Solar PV Inverters Consumption by Region (2020-2025) & (K Units)
 Table 30. Global String Solar PV Inverters Consumption Market Share by Region (2020-2025)
 Table 31. Global String Solar PV Inverters Forecasted Consumption by Region (2026-2031) & (K Units)
 Table 32. Global String Solar PV Inverters Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America String Solar PV Inverters Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 34. North America String Solar PV Inverters Consumption by Country (2020-2025) & (K Units)
 Table 35. North America String Solar PV Inverters Consumption by Country (2026-2031) & (K Units)
 Table 36. Europe String Solar PV Inverters Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 37. Europe String Solar PV Inverters Consumption by Country (2020-2025) & (K Units)
 Table 38. Europe String Solar PV Inverters Consumption by Country (2026-2031) & (K Units)
 Table 39. Asia Pacific String Solar PV Inverters Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 40. Asia Pacific String Solar PV Inverters Consumption by Region (2020-2025) & (K Units)
 Table 41. Asia Pacific String Solar PV Inverters Consumption by Region (2026-2031) & (K Units)
 Table 42. Latin America, Middle East & Africa String Solar PV Inverters Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 43. Latin America, Middle East & Africa String Solar PV Inverters Consumption by Country (2020-2025) & (K Units)
 Table 44. Latin America, Middle East & Africa String Solar PV Inverters Consumption by Country (2026-2031) & (K Units)
 Table 45. Global String Solar PV Inverters Production (K Units) by Type (2020-2025)
 Table 46. Global String Solar PV Inverters Production (K Units) by Type (2026-2031)
 Table 47. Global String Solar PV Inverters Production Market Share by Type (2020-2025)
 Table 48. Global String Solar PV Inverters Production Market Share by Type (2026-2031)
 Table 49. Global String Solar PV Inverters Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global String Solar PV Inverters Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global String Solar PV Inverters Production Value Market Share by Type (2020-2025)
 Table 52. Global String Solar PV Inverters Production Value Market Share by Type (2026-2031)
 Table 53. Global String Solar PV Inverters Price (USD/Unit) by Type (2020-2025)
 Table 54. Global String Solar PV Inverters Price (USD/Unit) by Type (2026-2031)
 Table 55. Global String Solar PV Inverters Production (K Units) by Application (2020-2025)
 Table 56. Global String Solar PV Inverters Production (K Units) by Application (2026-2031)
 Table 57. Global String Solar PV Inverters Production Market Share by Application (2020-2025)
 Table 58. Global String Solar PV Inverters Production Market Share by Application (2026-2031)
 Table 59. Global String Solar PV Inverters Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global String Solar PV Inverters Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global String Solar PV Inverters Production Value Market Share by Application (2020-2025)
 Table 62. Global String Solar PV Inverters Production Value Market Share by Application (2026-2031)
 Table 63. Global String Solar PV Inverters Price (USD/Unit) by Application (2020-2025)
 Table 64. Global String Solar PV Inverters Price (USD/Unit) by Application (2026-2031)
 Table 65. SMA Solar Technology String Solar PV Inverters Company Information
 Table 66. SMA Solar Technology String Solar PV Inverters Specification and Application
 Table 67. SMA Solar Technology String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/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 String Solar PV Inverters Company Information
 Table 71. SolarEdge String Solar PV Inverters Specification and Application
 Table 72. SolarEdge String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 73. SolarEdge Main Business and Markets Served
 Table 74. SolarEdge Recent Developments/Updates
 Table 75. General Electric String Solar PV Inverters Company Information
 Table 76. General Electric String Solar PV Inverters Specification and Application
 Table 77. General Electric String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 78. General Electric Main Business and Markets Served
 Table 79. General Electric Recent Developments/Updates
 Table 80. Siemens String Solar PV Inverters Company Information
 Table 81. Siemens String Solar PV Inverters Specification and Application
 Table 82. Siemens String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 83. Siemens Main Business and Markets Served
 Table 84. Siemens Recent Developments/Updates
 Table 85. Schneider Electric String Solar PV Inverters Company Information
 Table 86. Schneider Electric String Solar PV Inverters Specification and Application
 Table 87. Schneider Electric String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 88. Schneider Electric Main Business and Markets Served
 Table 89. Schneider Electric Recent Developments/Updates
 Table 90. Cyber​​ Power Systems String Solar PV Inverters Company Information
 Table 91. Cyber​​ Power Systems String Solar PV Inverters Specification and Application
 Table 92. Cyber​​ Power Systems String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 93. Cyber​​ Power Systems Main Business and Markets Served
 Table 94. Cyber​​ Power Systems Recent Developments/Updates
 Table 95. Tesla Powerwall String Solar PV Inverters Company Information
 Table 96. Tesla Powerwall String Solar PV Inverters Specification and Application
 Table 97. Tesla Powerwall String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 98. Tesla Powerwall Main Business and Markets Served
 Table 99. Tesla Powerwall Recent Developments/Updates
 Table 100. Luminous String Solar PV Inverters Company Information
 Table 101. Luminous String Solar PV Inverters Specification and Application
 Table 102. Luminous String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 103. Luminous Main Business and Markets Served
 Table 104. Luminous Recent Developments/Updates
 Table 105. Leonics String Solar PV Inverters Company Information
 Table 106. Leonics String Solar PV Inverters Specification and Application
 Table 107. Leonics String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 108. Leonics Main Business and Markets Served
 Table 109. Leonics Recent Developments/Updates
 Table 110. INVT String Solar PV Inverters Company Information
 Table 111. INVT String Solar PV Inverters Specification and Application
 Table 112. INVT String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 113. INVT Main Business and Markets Served
 Table 114. INVT Recent Developments/Updates
 Table 115. Easun Power String Solar PV Inverters Company Information
 Table 116. Easun Power String Solar PV Inverters Specification and Application
 Table 117. Easun Power String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 118. Easun Power Main Business and Markets Served
 Table 119. Easun Power Recent Developments/Updates
 Table 120. Alencon Systems String Solar PV Inverters Company Information
 Table 121. Alencon Systems String Solar PV Inverters Specification and Application
 Table 122. Alencon Systems String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 123. Alencon Systems Main Business and Markets Served
 Table 124. Alencon Systems Recent Developments/Updates
 Table 125. Fimer Group String Solar PV Inverters Company Information
 Table 126. Fimer Group String Solar PV Inverters Specification and Application
 Table 127. Fimer Group String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 128. Fimer Group Main Business and Markets Served
 Table 129. Fimer Group Recent Developments/Updates
 Table 130. Sungrow String Solar PV Inverters Company Information
 Table 131. Sungrow String Solar PV Inverters Specification and Application
 Table 132. Sungrow String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 133. Sungrow Main Business and Markets Served
 Table 134. Sungrow Recent Developments/Updates
 Table 135. Hitachi String Solar PV Inverters Company Information
 Table 136. Hitachi String Solar PV Inverters Specification and Application
 Table 137. Hitachi String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 138. Hitachi Main Business and Markets Served
 Table 139. Hitachi Recent Developments/Updates
 Table 140. Huawei String Solar PV Inverters Company Information
 Table 141. Huawei String Solar PV Inverters Specification and Application
 Table 142. Huawei String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 143. Huawei Main Business and Markets Served
 Table 144. Huawei Recent Developments/Updates
 Table 145. TBEA String Solar PV Inverters Company Information
 Table 146. TBEA String Solar PV Inverters Specification and Application
 Table 147. TBEA String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 148. TBEA Main Business and Markets Served
 Table 149. TBEA Recent Developments/Updates
 Table 150. Yaskawa-Solectria Solar String Solar PV Inverters Company Information
 Table 151. Yaskawa-Solectria Solar String Solar PV Inverters Specification and Application
 Table 152. Yaskawa-Solectria Solar String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 153. Yaskawa-Solectria Solar Main Business and Markets Served
 Table 154. Yaskawa-Solectria Solar Recent Developments/Updates
 Table 155. Fronius String Solar PV Inverters Company Information
 Table 156. Fronius String Solar PV Inverters Specification and Application
 Table 157. Fronius String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 158. Fronius Main Business and Markets Served
 Table 159. Fronius Recent Developments/Updates
 Table 160. Growatt String Solar PV Inverters Company Information
 Table 161. Growatt String Solar PV Inverters Specification and Application
 Table 162. Growatt String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 163. Growatt Main Business and Markets Served
 Table 164. Growatt Recent Developments/Updates
 Table 165. Tabuchi Electric String Solar PV Inverters Company Information
 Table 166. Tabuchi Electric String Solar PV Inverters Specification and Application
 Table 167. Tabuchi Electric String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 168. Tabuchi Electric Main Business and Markets Served
 Table 169. Tabuchi Electric Recent Developments/Updates
 Table 170. Ginlong String Solar PV Inverters Company Information
 Table 171. Ginlong String Solar PV Inverters Specification and Application
 Table 172. Ginlong String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 173. Ginlong Main Business and Markets Served
 Table 174. Ginlong Recent Developments/Updates
 Table 175. GoodWe String Solar PV Inverters Company Information
 Table 176. GoodWe String Solar PV Inverters Specification and Application
 Table 177. GoodWe String Solar PV Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 178. GoodWe Main Business and Markets Served
 Table 179. GoodWe Recent Developments/Updates
 Table 180. Key Raw Materials Lists
 Table 181. Raw Materials Key Suppliers Lists
 Table 182. String Solar PV Inverters Distributors List
 Table 183. String Solar PV Inverters Customers List
 Table 184. String Solar PV Inverters Market Trends
 Table 185. String Solar PV Inverters Market Drivers
 Table 186. String Solar PV Inverters Market Challenges
 Table 187. String Solar PV Inverters Market Restraints
 Table 188. Research Programs/Design for This Report
 Table 189. Key Data Information from Secondary Sources
 Table 190. Key Data Information from Primary Sources
 Table 191. Authors List of This Report


List of Figures
 Figure 1. Product Picture of String Solar PV Inverters
 Figure 2. Global String Solar PV Inverters Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global String Solar PV Inverters Market Share by Type: 2024 VS 2031
 Figure 4. Low Frequency Inverter Product Picture
 Figure 5. High Frequency Inverter Product Picture
 Figure 6. Global String Solar PV Inverters Market Value by Application, (US$ Million) & (2020-2031)
 Figure 7. Global String Solar PV Inverters Market Share by Application: 2024 VS 2031
 Figure 8. DC Voltage Source
 Figure 9. Grid Connection
 Figure 10. Others
 Figure 11. Global String Solar PV Inverters Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 12. Global String Solar PV Inverters Production Value (US$ Million) & (2020-2031)
 Figure 13. Global String Solar PV Inverters Production Capacity (K Units) & (2020-2031)
 Figure 14. Global String Solar PV Inverters Production (K Units) & (2020-2031)
 Figure 15. Global String Solar PV Inverters Average Price (USD/Unit) & (2020-2031)
 Figure 16. String Solar PV Inverters Report Years Considered
 Figure 17. String Solar PV Inverters Production Share by Manufacturers in 2024
 Figure 18. Global String Solar PV Inverters Production Value Share by Manufacturers (2024)
 Figure 19. String Solar PV Inverters Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 20. The Global 5 and 10 Largest Players: Market Share by String Solar PV Inverters Revenue in 2024
 Figure 21. Global String Solar PV Inverters Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 22. Global String Solar PV Inverters Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 23. Global String Solar PV Inverters Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 24. Global String Solar PV Inverters Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 25. North America String Solar PV Inverters Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 26. Europe String Solar PV Inverters Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 27. China String Solar PV Inverters Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 28. Japan String Solar PV Inverters Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. Global String Solar PV Inverters Consumption by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 30. Global String Solar PV Inverters Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 31. North America String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 32. North America String Solar PV Inverters Consumption Market Share by Country (2020-2031)
 Figure 33. U.S. String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 34. Canada String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 35. Europe String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 36. Europe String Solar PV Inverters Consumption Market Share by Country (2020-2031)
 Figure 37. Germany String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 38. France String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 39. U.K. String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 40. Italy String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 41. Netherlands String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 42. Asia Pacific String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 43. Asia Pacific String Solar PV Inverters Consumption Market Share by Region (2020-2031)
 Figure 44. China String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 45. Japan String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 46. South Korea String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 47. China Taiwan String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 48. Southeast Asia String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 49. India String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 50. Latin America, Middle East & Africa String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 51. Latin America, Middle East & Africa String Solar PV Inverters Consumption Market Share by Country (2020-2031)
 Figure 52. Mexico String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 53. Brazil String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 54. Turkey String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 55. GCC Countries String Solar PV Inverters Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 56. Global Production Market Share of String Solar PV Inverters by Type (2020-2031)
 Figure 57. Global Production Value Market Share of String Solar PV Inverters by Type (2020-2031)
 Figure 58. Global String Solar PV Inverters Price (USD/Unit) by Type (2020-2031)
 Figure 59. Global Production Market Share of String Solar PV Inverters by Application (2020-2031)
 Figure 60. Global Production Value Market Share of String Solar PV Inverters by Application (2020-2031)
 Figure 61. Global String Solar PV Inverters Price (USD/Unit) by Application (2020-2031)
 Figure 62. String Solar PV Inverters Value Chain
 Figure 63. Channels of Distribution (Direct Vs Distribution)
 Figure 64. Bottom-up and Top-down Approaches for This Report
 Figure 65. Data Triangulation
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