Solar String Inverter market

Solar String Inverter Market, Global Outlook and Forecast 2022-2028

  • 27 September 2022
  • Energy and Natural Resources
  • 79 Pages
  • Report code : PMR-7388933

  • 4.7 (158)

Solar String Inverter Market

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String inverters have the benefit of being a short-term cheaper solution due to the lower equipment need compared to?microinverters. One string inverter can handle the energy produced from a row of 5-10 panels. Therefore you can save on the upfront equipment cost by buying one string inverter instead of 5-10 microinverters. However, the long-term costs associated with string inverters far outweigh the benefits.

Solar String Inverter Market contains market size and forecasts of Solar String Inverter in global, including the following market information:

Global Solar String Inverter Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Solar String Inverter Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Solar String Inverter companies in 2021 (%)

The global Solar String Inverter market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Three-phase Inverter Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Solar String Inverter include CPS America, Delta Electronics, KACO, Sungrow, Yaskawa Solectria Solar, Ginlong Technologies and Fronius, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Solar String Inverter manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Solar String Inverter Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Solar String Inverter Market Segment Percentages, by Type, 2021 (%)

Three-phase Inverter

Double-phase Inverter

Global Solar String Inverter Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Solar String Inverter Market Segment Percentages, by Application, 2021 (%)

Industrial

Utility

Residential Use

Others

Global Solar String Inverter Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Solar String Inverter Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Solar String Inverter revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Solar String Inverter revenues share in global market, 2021 (%)

Key companies Solar String Inverter sales in global market, 2017-2022 (Estimated), (Units)

Key companies Solar String Inverter sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

CPS America

Delta Electronics

KACO

Sungrow

Yaskawa Solectria Solar

Ginlong Technologies

Fronius

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