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Highlights The global String Inverters market is projected to reach US$ million by 2028 from an estimated US$ million in 2022, at a CAGR of % during 2024 and 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%. Report Scope This report aims to provide a comprehensive presentation of the global market for String 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 Inverters. The String Inverters market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global String Inverters market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. 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 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, product type, application, and regions. Key Companies & Market Share Insights In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include: HUAWEI Sungrow Power Supply Co., Ltd SMA GOODWE SINENG ATEC GROUP KSTAR CPS GROWATT TBEA FIMER Fronius KELONG SAJ KACO Product Type Insights Global markets are presented by String Inverters type, along with growth forecasts through 2029. Estimates on production and value are based on the price in the supply chain at which the String Inverters are procured by the manufacturers. This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and during the historical period (2018-2023) and forecast period (2024-2029). String Inverters segment by Type 1.5-6KW 6-30KW 30-40KW 40-60KW 60-200KW Above 200KW Application Insights This report has provided the market size (production and revenue data) by application, during the historical period (2018-2023) and forecast period (2024-2029). This report also outlines the market trends of each segment and consumer behaviors impacting the String Inverters market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the String Inverters market. String Inverters segment by Application Household Use Industrial and Commercial Ground Power Station Regional Outlook This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2018-2029. The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2022 because of the base year, with estimates for 2023 and forecast value for 2029. North America United States Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia China Taiwan Indonesia Thailand Malaysia Latin America Mexico Brazil Argentina Key Drivers & Barriers High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects. COVID-19 and Russia-Ukraine War Influence Analysis The readers in the section will understand how the String Inverters market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come. Reasons to Buy This Report This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global String Inverters market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market. This report will help stakeholders to understand the global industry status and trends of String Inverters and provides them with information on key market drivers, restraints, challenges, and opportunities. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition. This report stays updated with novel technology integration, features, and the latest developments in the market This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the String Inverters industry. This report helps stakeholders to gain insights into which regions to target globally This report helps stakeholders to gain insights into the end-user perception concerning the adoption of String Inverters. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution. Core Chapters Chapter 1: Research objectives, research methods, data sources, data cross-validation; Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 3: Detailed analysis of String Inverters manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc. Chapter 4: 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 5: Production/output, value of String 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 6: Consumption of String 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 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry. Chapter 10: 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 11: The main points and conclusions of the report. Frequently Asked Questions Which product segment grabbed the largest share in the Product Name market? How is the competitive scenario of the Product Name market? Which are the key factors aiding the Product Name market growth? Which are the prominent players in the Product Name market? Which region holds the maximum share in the Product Name market? What will be the CAGR of the Product Name market during the forecast period? Which application segment emerged as the leading segment in the Product Name market? What key trends are likely to emerge in the Product Name market in the coming years? What will be the Product Name market size by 2028? Which company held the largest share in the Product Name market?
1 Preface 1.1 Scope of Report 1.2 Reasons for Doing This Study 1.3 Research Methodology 1.4 Research Process 1.5 Data Source 1.5.1 Secondary Sources 1.5.2 Primary Sources 2 Market Overview 2.1 Product Definition 2.2 String Inverters by Type 2.2.1 Market Value Comparison by Type (2018 VS 2022 VS 2029) & (US$ Million) 1.2.2 1.5-6KW 1.2.3 6-30KW 1.2.4 30-40KW 1.2.5 40-60KW 1.2.6 60-200KW 1.2.7 Above 200KW 2.3 String Inverters by Application 2.3.1 Market Value Comparison by Application (2018 VS 2022 VS 2029) & (US$ Million) 2.3.2 Household Use 2.3.3 Industrial and Commercial 2.3.4 Ground Power Station 2.4 Global Market Growth Prospects 2.4.1 Global String Inverters Production Value Estimates and Forecasts (2018-2029) 2.4.2 Global String Inverters Production Capacity Estimates and Forecasts (2018-2029) 2.4.3 Global String Inverters Production Estimates and Forecasts (2018-2029) 2.4.4 Global String Inverters Market Average Price (2018-2029) 3 Market Competitive Landscape by Manufacturers 3.1 Global String Inverters Production by Manufacturers (2018-2023) 3.2 Global String Inverters Production Value by Manufacturers (2018-2023) 3.3 Global String Inverters Average Price by Manufacturers (2018-2023) 3.4 Global String Inverters Industry Manufacturers Ranking, 2021 VS 2022 VS 2023 3.5 Global String Inverters Key Manufacturers, Manufacturing Sites & Headquarters 3.6 Global String Inverters Manufacturers, Product Type & Application 3.7 Global String Inverters Manufacturers, Date of Enter into This Industry 3.8 Global String Inverters Market CR5 and HHI 3.9 Global Manufacturers Mergers & Acquisition 4 Manufacturers Profiled 4.1 HUAWEI 4.1.1 HUAWEI String Inverters Company Information 4.1.2 HUAWEI String Inverters Business Overview 4.1.3 HUAWEI String Inverters Production, Value and Gross Margin (2018-2023) 4.1.4 HUAWEI Product Portfolio 4.1.5 HUAWEI Recent Developments 4.2 Sungrow Power Supply Co., Ltd 4.2.1 Sungrow Power Supply Co., Ltd String Inverters Company Information 4.2.2 Sungrow Power Supply Co., Ltd String Inverters Business Overview 4.2.3 Sungrow Power Supply Co., Ltd String Inverters Production, Value and Gross Margin (2018-2023) 4.2.4 Sungrow Power Supply Co., Ltd Product Portfolio 4.2.5 Sungrow Power Supply Co., Ltd Recent Developments 4.3 SMA 4.3.1 SMA String Inverters Company Information 4.3.2 SMA String Inverters Business Overview 4.3.3 SMA String Inverters Production, Value and Gross Margin (2018-2023) 4.3.4 SMA Product Portfolio 4.3.5 SMA Recent Developments 4.4 GOODWE 4.4.1 GOODWE String Inverters Company Information 4.4.2 GOODWE String Inverters Business Overview 4.4.3 GOODWE String Inverters Production, Value and Gross Margin (2018-2023) 4.4.4 GOODWE Product Portfolio 4.4.5 GOODWE Recent Developments 4.5 SINENG 4.5.1 SINENG String Inverters Company Information 4.5.2 SINENG String Inverters Business Overview 4.5.3 SINENG String Inverters Production, Value and Gross Margin (2018-2023) 4.5.4 SINENG Product Portfolio 4.5.5 SINENG Recent Developments 4.6 ATEC GROUP 4.6.1 ATEC GROUP String Inverters Company Information 4.6.2 ATEC GROUP String Inverters Business Overview 4.6.3 ATEC GROUP String Inverters Production, Value and Gross Margin (2018-2023) 4.6.4 ATEC GROUP Product Portfolio 4.6.5 ATEC GROUP Recent Developments 4.7 KSTAR 4.7.1 KSTAR String Inverters Company Information 4.7.2 KSTAR String Inverters Business Overview 4.7.3 KSTAR String Inverters Production, Value and Gross Margin (2018-2023) 4.7.4 KSTAR Product Portfolio 4.7.5 KSTAR Recent Developments 4.8 CPS 4.8.1 CPS String Inverters Company Information 4.8.2 CPS String Inverters Business Overview 4.8.3 CPS String Inverters Production, Value and Gross Margin (2018-2023) 4.8.4 CPS Product Portfolio 4.8.5 CPS Recent Developments 4.9 GROWATT 4.9.1 GROWATT String Inverters Company Information 4.9.2 GROWATT String Inverters Business Overview 4.9.3 GROWATT String Inverters Production, Value and Gross Margin (2018-2023) 4.9.4 GROWATT Product Portfolio 4.9.5 GROWATT Recent Developments 4.10 TBEA 4.10.1 TBEA String Inverters Company Information 4.10.2 TBEA String Inverters Business Overview 4.10.3 TBEA String Inverters Production, Value and Gross Margin (2018-2023) 4.10.4 TBEA Product Portfolio 4.10.5 TBEA Recent Developments 7.11 FIMER 7.11.1 FIMER String Inverters Company Information 7.11.2 FIMER String Inverters Business Overview 4.11.3 FIMER String Inverters Production, Value and Gross Margin (2018-2023) 7.11.4 FIMER Product Portfolio 7.11.5 FIMER Recent Developments 7.12 Fronius 7.12.1 Fronius String Inverters Company Information 7.12.2 Fronius String Inverters Business Overview 7.12.3 Fronius String Inverters Production, Value and Gross Margin (2018-2023) 7.12.4 Fronius Product Portfolio 7.12.5 Fronius Recent Developments 7.13 KELONG 7.13.1 KELONG String Inverters Company Information 7.13.2 KELONG String Inverters Business Overview 7.13.3 KELONG String Inverters Production, Value and Gross Margin (2018-2023) 7.13.4 KELONG Product Portfolio 7.13.5 KELONG Recent Developments 7.14 SAJ 7.14.1 SAJ String Inverters Company Information 7.14.2 SAJ String Inverters Business Overview 7.14.3 SAJ String Inverters Production, Value and Gross Margin (2018-2023) 7.14.4 SAJ Product Portfolio 7.14.5 SAJ Recent Developments 7.15 KACO 7.15.1 KACO String Inverters Company Information 7.15.2 KACO String Inverters Business Overview 7.15.3 KACO String Inverters Production, Value and Gross Margin (2018-2023) 7.15.4 KACO Product Portfolio 7.15.5 KACO Recent Developments 5 Global String Inverters Production by Region 5.1 Global String Inverters Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029 5.2 Global String Inverters Production by Region: 2018-2029 5.2.1 Global String Inverters Production by Region: 2018-2023 5.2.2 Global String Inverters Production Forecast by Region (2024-2029) 5.3 Global String Inverters Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029 5.4 Global String Inverters Production Value by Region: 2018-2029 5.4.1 Global String Inverters Production Value by Region: 2018-2023 5.4.2 Global String Inverters Production Value Forecast by Region (2024-2029) 5.5 Global String Inverters Market Price Analysis by Region (2018-2023) 5.6 Global String Inverters Production and Value, YOY Growth 5.6.1 North America String Inverters Production Value Estimates and Forecasts (2018-2029) 5.6.2 Europe String Inverters Production Value Estimates and Forecasts (2018-2029) 5.6.3 China String Inverters Production Value Estimates and Forecasts (2018-2029) 5.6.4 Japan String Inverters Production Value Estimates and Forecasts (2018-2029) 5.6.5 South Korea String Inverters Production Value Estimates and Forecasts (2018-2029) 6 Global String Inverters Consumption by Region 6.1 Global String Inverters Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029 6.2 Global String Inverters Consumption by Region (2018-2029) 6.2.1 Global String Inverters Consumption by Region: 2018-2029 6.2.2 Global String Inverters Forecasted Consumption by Region (2024-2029) 6.3 North America 6.3.1 North America String Inverters Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 6.3.2 North America String Inverters Consumption by Country (2018-2029) 6.3.3 United States 6.3.4 Canada 6.4 Europe 6.4.1 Europe String Inverters Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 6.4.2 Europe String Inverters Consumption by Country (2018-2029) 6.4.3 Germany 6.4.4 France 6.4.5 U.K. 6.4.6 Italy 6.4.7 Russia 6.5 Asia Pacific 6.5.1 Asia Pacific String Inverters Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 6.5.2 Asia Pacific String Inverters Consumption by Country (2018-2029) 6.5.3 China 6.5.4 Japan 6.5.5 South Korea 6.5.6 China Taiwan 6.5.7 Southeast Asia 6.5.8 India 6.5.9 Australia 6.6 Latin America, Middle East & Africa 6.6.1 Latin America, Middle East & Africa String Inverters Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 6.6.2 Latin America, Middle East & Africa String Inverters Consumption by Country (2018-2029) 6.6.3 Mexico 6.6.4 Brazil 6.6.5 Turkey 6.6.5 GCC Countries 7 Segment by Type 7.1 Global String Inverters Production by Type (2018-2029) 7.1.1 Global String Inverters Production by Type (2018-2029) & (MW) 7.1.2 Global String Inverters Production Market Share by Type (2018-2029) 7.2 Global String Inverters Production Value by Type (2018-2029) 7.2.1 Global String Inverters Production Value by Type (2018-2029) & (US$ Million) 7.2.2 Global String Inverters Production Value Market Share by Type (2018-2029) 7.3 Global String Inverters Price by Type (2018-2029) 8 Segment by Application 8.1 Global String Inverters Production by Application (2018-2029) 8.1.1 Global String Inverters Production by Application (2018-2029) & (MW) 8.1.2 Global String Inverters Production by Application (2018-2029) & (MW) 8.2 Global String Inverters Production Value by Application (2018-2029) 8.2.1 Global String Inverters Production Value by Application (2018-2029) & (US$ Million) 8.2.2 Global String Inverters Production Value Market Share by Application (2018-2029) 8.3 Global String Inverters Price by Application (2018-2029) 9 Value Chain and Sales Channels Analysis of the Market 9.1 String Inverters Value Chain Analysis 9.1.1 String Inverters Key Raw Materials 9.1.2 Raw Materials Key Suppliers 9.1.3 String Inverters Production Mode & Process 9.2 String Inverters Sales Channels Analysis 9.2.1 Direct Comparison with Distribution Share 9.2.2 String Inverters Distributors 9.2.3 String Inverters Customers 10 Global String Inverters Analyzing Market Dynamics 10.1 String Inverters Industry Trends 10.2 String Inverters Industry Drivers 10.3 String Inverters Industry Opportunities and Challenges 10.4 String Inverters Industry Restraints 11 Report Conclusion 12 Disclaimer