Insights into the Industry
The string inverter industry has been witnessing optimal growth in recent years and is likely to continue even in upcoming years. The growth of string inverter ’s industry size can be attributed to rising investments in research & development activities, entry of new players, product innovation, technological breakthroughs, effective allocation of resources, and growing competition among business rivals to expand its regional as well as customer base. Supportive government policies and incentives, as well as favorable laws, are projected to determine the growth of the string inverter market in foreseeable future. An increase in the spending capacity of customers with the rise in disposable income will further contribute towards string inverter 's market proceeds.
This market research report is a comprehensive overview of the events taking place in the string inverter industry and impacting its growth. Our report divides the string inverter market into various segments or categories based on products, applications, region, etc. Additionally, our research analysts have listed the key players of the global string inverter market and compared them based on metrics such as market revenue, Y-O-Y sales, shipments volume, historical data, and successful implementation of business strategies such as strategic alliances, mergers & acquisitions, joint ventures, product development, and partnerships & collaborations.
Market Research Store (MRS) published a brand new report titled “String Inverter Market research report which is segmented by Products (On-Grid, Off-Grid), by Applications (Residential, Commercial & Industrial, Utilities), by Key Players/Companies SMA Solar Technology AG, Huawei Technologies Co. Ltd, Solaredge Technologies Inc., Yaskawa – Solectria Solar, KACO New Energy GmbH, Chint Power Systems Co. Ltd, Delta Energy System GmbH, Ginlong Technologies, Growatt New Energy Technology Co. Ltd, ABB Limited, Samil Power Co. Ltd, Schneider Electric Solar, Solarmax Group, Sungrow Power Supply Co. Ltd, Fronius International GmbH”. In 2020, the global string inverter market value was registered at XX (USD Million/Billion) and is predicted to reach XX (USD Million/Billion) at a CAGR of XX% by 2028.
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| Report Attributes | Report Details |
|---|---|
| Report Title | String Inverter Market Research Report |
| By Products | On-Grid, Off-Grid |
| By Applications | Residential, Commercial & Industrial, Utilities |
| By Key Players | SMA Solar Technology AG, Huawei Technologies Co. Ltd, Solaredge Technologies Inc., Yaskawa – Solectria Solar, KACO New Energy GmbH, Chint Power Systems Co. Ltd, Delta Energy System GmbH, Ginlong Technologies, Growatt New Energy Technology Co. Ltd, ABB Limited, Samil Power Co. Ltd, Schneider Electric Solar, Solarmax Group, Sungrow Power Supply Co. Ltd, Fronius International GmbH |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA) |
| Countries Covered | North America : U.S and Canada Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific Latin America : Mexico, Brazil The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA |
| Base Year | 2020 |
| Historical Year | 2016to 2020 (Depending on availability, data from 2010 can be offered) |
| Forecast Year | 2028 |
| Number of Pages | 104 |
| Customization Available | Yes, the report can be tailored to meet your specific requirements. |
Based on these findings, the global string inverter industry study suggests strategies to existing market participants as to how they can improve & reinforce their market position. In addition to this, the study also recommends successful market penetrating strategies for new entrants. Furthermore, string inverter industry study report has included all major manufacturers and distributors operating in the string inverter market across all major regions.
String Inverter Market Strategic Analysis
Various analytical methods such as Porter’s Five Force Analysis, SWOT analysis, Market Share Analysis, Competitive Analysis, PESTEL Analysis, Market Attractiveness Analysis, and Value Chain Analysis have been used to analyze the market in the research report. These assessments help users of the report in examining and evaluating string inverter market on the basis of different metrics such as switching costs, economies of scale, current sales, brand loyalty, brand equity, capital investments, production rights, research & development activities, copyrights & patents, legislations, effects of promotional activities, and consumer preferences.
The information provided in our market research report is anticipated to help the industry stakeholders in the effective decision-making process and successful business outcomes. Moreover, we have been using Ansoff Matrix to help firms analyze and plan their business growth strategies.
Additionally, our report contains a growth-share matrix that aids firms’ business decisions for prioritizing their myriad businesses. We have also included GE Nine Cell Matrix that is helpful in making strategic planning and can help firms in determining their position in the market along with analyzing their growth strategies.
Our researchers also make use of the perceptual map to demonstrate how to target consumers feel about a given brand and form perception about it. We have also included the Customer-Based Brand Equity (CBBE) Model for helping firms effectively position their brands.
String Inverter Market Key Trends Analysis
The key factors influencing the growth of the string inverter market have been assessed in the report. Factors having a huge influence on market demand and restraining factors that impact the development of the market are both addressed rigorously & in-depth in our global market research report.
Furthermore, trends that play a key role in market’s growth are discussed comprehensively in the report. Moreover, a large number of qualitative factors or measurements are included in the report and this includes operating risks and major obstacles encountered by players in the industry.
String Inverter Market Key Segment Analysis
The report delivers a critical assessment on the string inverter market by segmenting it based on Products, Applications, and region. All the segments and categories of the string inverter market have been evaluated based on past, present and future trends and are key parameters determining & defining the growth of the market.
The data for the market and its segments and categories are provided from 2016 to 2028. The report has identified the key segments and categories contributing substantially towards overall market growth in terms of revenue & volume.
Based on Products, the global string inverter market is segmented into On-Grid, Off-Grid. Comprehensive qualitative and quantitative this segment analysis will be provided in the report from 2016 to 2028.
Based on Applications, market is divided into Residential, Commercial & Industrial, Utilities. A slew of business growth opportunities and dynamics affecting the different segments are analyzed and discussed in the report.
Impact Assessment of COVID-19
The COVID-19 outbreak has wreaked havoc on worldwide economic and social systems. The disease has entered several industries' value and supply chains, including the string inverter market. The government imposed lockdowns in various locations. We will examine the impact of the COVID-19 pandemic on the global market, looking at both demand and supply.
The COVID-19 pandemic's short- and long-term impacts would be explored to provide a summary. This would help build business plans for all market participants, including manufacturers, vendors, suppliers, distributors, and end-users, during and after the epidemic.
String Inverter Market Regional Trends and Market Player’s Analysis
On the basis of region, the market is segregated into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
The major players holding a huge chunk of market share in the global string inverter market and impacting market profitability are evaluated after considering their product & services revenue, sales, business plans, innovations, and growth rate. The final position of a player in the market depends on market events or market happenings, new product launches, mergers & acquisitions, benchmarking, regional expansions, and technical innovations.
For all the key stakeholders of the market, value chain and technology ecosystem, as well as the information provided in this market research report, will prove beneficial. The study offers an outline of the company’s market share and an extensive summary of the major players in the string inverter market.
Some of the leading players profiled in the global string inverter market are,
- SMA Solar Technology AG
- Huawei Technologies Co. Ltd
- Solaredge Technologies Inc.
- Yaskawa – Solectria Solar
- KACO New Energy GmbH
- Chint Power Systems Co. Ltd
- Delta Energy System GmbH
- Ginlong Technologies
- Growatt New Energy Technology Co. Ltd
- ABB Limited
- Samil Power Co. Ltd
- Schneider Electric Solar
- Solarmax Group
- Sungrow Power Supply Co. Ltd
- Fronius International GmbH
The Key Audiences for String Inverter Market Report
- Research Institutes & consulting firms
- Industry Leaders, as well as companies, aspiring to enter the string inverter market
- Student and universities
- Solution Providers, product providers, service providers, and other players in the industry
- Associated private firms and government bodies
- Individuals interested to learn about market
The report segments of the global string inverter market are as follows:
Global String Inverter Market: By Products
- On-Grid
- Off-Grid
Global String Inverter Market: By Applications
- Residential
- Commercial & Industrial
- Utilities
The Most Important Research Methodologies
Primary sources include industry experts from management corporations, processing organizations, and analytical service providers who serve businesses across the sector's value chain. We interviewed key sources to acquire qualitative and quantitative data and analyse future prospects.
Primary research undertaken for this report comprised interviews with industry professionals such as CEOs, Vice Presidents, Marketing Directors and Technology Directors of strong core organizations and institutions in major string inverter . We interviewed them to get qualitative and quantitative data.
The following are the justifications for purchasing the global String Inverter market report:
- Statistical data is well-referenced, and the source is a significant resource for directing interested companies.
- Market development trends and marketing channels that are cutting-edge are discussed.
- The feasibility and growth rate of the market as a whole over the foreseeable future are determined.
- The competitive landscape and demographic research provide a clear picture of the current state of the market on an international scale.
- A thorough examination of development policies and plans, manufacturing processes, and costing provides a more accurate picture of import/export consumption, supply and demand, pricing, revenue, and gross margins, among other things.
- Customization is possible based on the client's requirements.
Frequently Asked Questions
- SMA Solar Technology AG
- Huawei Technologies Co. Ltd
- Solaredge Technologies Inc.
- Yaskawa – Solectria Solar
- KACO New Energy GmbH
- Chint Power Systems Co. Ltd
- Delta Energy System GmbH
- Ginlong Technologies
- Growatt New Energy Technology Co. Ltd
- ABB Limited
- Samil Power Co. Ltd
- Schneider Electric Solar
- Solarmax Group
- Sungrow Power Supply Co. Ltd
- Fronius International GmbH
Table Of Content
Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global String Inverter Market Share by Type (2020-2026) 1.5.2 On-Grid 1.5.3 Off-Grid 1.6 Market by Application 1.6.1 Global String Inverter Market Share by Application (2020-2026) 1.6.2 Residential 1.6.3 Commercial & Industrial 1.6.4 Utilities 1.7 String Inverter Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on String Inverter Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of String Inverter Market 3.1 Value Chain Status 3.2 String Inverter Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of String Inverter 3.2.3 Labor Cost of String Inverter 3.2.3.1 Labor Cost of String Inverter Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 SMA Solar Technology AG 4.1.1 SMA Solar Technology AG Basic Information 4.1.2 String Inverter Product Profiles, Application and Specification 4.1.3 SMA Solar Technology AG String Inverter Market Performance (2015-2020) 4.1.4 SMA Solar Technology AG Business Overview 4.2 Huawei Technologies Co. Ltd 4.2.1 Huawei Technologies Co. Ltd Basic Information 4.2.2 String Inverter Product Profiles, Application and Specification 4.2.3 Huawei Technologies Co. Ltd String Inverter Market Performance (2015-2020) 4.2.4 Huawei Technologies Co. Ltd Business Overview 4.3 Solaredge Technologies, Inc. 4.3.1 Solaredge Technologies, Inc. Basic Information 4.3.2 String Inverter Product Profiles, Application and Specification 4.3.3 Solaredge Technologies, Inc. String Inverter Market Performance (2015-2020) 4.3.4 Solaredge Technologies, Inc. Business Overview 4.4 Yaskawa – Solectria Solar 4.4.1 Yaskawa – Solectria Solar Basic Information 4.4.2 String Inverter Product Profiles, Application and Specification 4.4.3 Yaskawa – Solectria Solar String Inverter Market Performance (2015-2020) 4.4.4 Yaskawa – Solectria Solar Business Overview 4.5 KACO New Energy GmbH 4.5.1 KACO New Energy GmbH Basic Information 4.5.2 String Inverter Product Profiles, Application and Specification 4.5.3 KACO New Energy GmbH String Inverter Market Performance (2015-2020) 4.5.4 KACO New Energy GmbH Business Overview 4.6 Chint Power Systems Co., Ltd 4.6.1 Chint Power Systems Co., Ltd Basic Information 4.6.2 String Inverter Product Profiles, Application and Specification 4.6.3 Chint Power Systems Co., Ltd String Inverter Market Performance (2015-2020) 4.6.4 Chint Power Systems Co., Ltd Business Overview 4.7 Delta Energy System GmbH 4.7.1 Delta Energy System GmbH Basic Information 4.7.2 String Inverter Product Profiles, Application and Specification 4.7.3 Delta Energy System GmbH String Inverter Market Performance (2015-2020) 4.7.4 Delta Energy System GmbH Business Overview 4.8 Ginlong Technologies 4.8.1 Ginlong Technologies Basic Information 4.8.2 String Inverter Product Profiles, Application and Specification 4.8.3 Ginlong Technologies String Inverter Market Performance (2015-2020) 4.8.4 Ginlong Technologies Business Overview 4.9 Growatt New Energy Technology Co., Ltd 4.9.1 Growatt New Energy Technology Co., Ltd Basic Information 4.9.2 String Inverter Product Profiles, Application and Specification 4.9.3 Growatt New Energy Technology Co., Ltd String Inverter Market Performance (2015-2020) 4.9.4 Growatt New Energy Technology Co., Ltd Business Overview 4.10 ABB Limited 4.10.1 ABB Limited Basic Information 4.10.2 String Inverter Product Profiles, Application and Specification 4.10.3 ABB Limited String Inverter Market Performance (2015-2020) 4.10.4 ABB Limited Business Overview 4.11 Samil Power Co., Ltd 4.11.1 Samil Power Co., Ltd Basic Information 4.11.2 String Inverter Product Profiles, Application and Specification 4.11.3 Samil Power Co., Ltd String Inverter Market Performance (2015-2020) 4.11.4 Samil Power Co., Ltd Business Overview 4.12 Schneider Electric Solar 4.12.1 Schneider Electric Solar Basic Information 4.12.2 String Inverter Product Profiles, Application and Specification 4.12.3 Schneider Electric Solar String Inverter Market Performance (2015-2020) 4.12.4 Schneider Electric Solar Business Overview 4.13 Solarmax Group 4.13.1 Solarmax Group Basic Information 4.13.2 String Inverter Product Profiles, Application and Specification 4.13.3 Solarmax Group String Inverter Market Performance (2015-2020) 4.13.4 Solarmax Group Business Overview 4.14 Sungrow Power Supply Co., Ltd 4.14.1 Sungrow Power Supply Co., Ltd Basic Information 4.14.2 String Inverter Product Profiles, Application and Specification 4.14.3 Sungrow Power Supply Co., Ltd String Inverter Market Performance (2015-2020) 4.14.4 Sungrow Power Supply Co., Ltd Business Overview 4.15 Fronius International GmbH 4.15.1 Fronius International GmbH Basic Information 4.15.2 String Inverter Product Profiles, Application and Specification 4.15.3 Fronius International GmbH String Inverter Market Performance (2015-2020) 4.15.4 Fronius International GmbH Business Overview 5 Global String Inverter Market Analysis by Regions 5.1 Global String Inverter Sales, Revenue and Market Share by Regions 5.1.1 Global String Inverter Sales by Regions (2015-2020) 5.1.2 Global String Inverter Revenue by Regions (2015-2020) 5.2 North America String Inverter Sales and Growth Rate (2015-2020) 5.3 Europe String Inverter Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific String Inverter Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa String Inverter Sales and Growth Rate (2015-2020) 5.6 South America String Inverter Sales and Growth Rate (2015-2020) 6 North America String Inverter Market Analysis by Countries 6.1 North America String Inverter Sales, Revenue and Market Share by Countries 6.1.1 North America String Inverter Sales by Countries (2015-2020) 6.1.2 North America String Inverter Revenue by Countries (2015-2020) 6.1.3 North America String Inverter Market Under COVID-19 6.2 United States String Inverter Sales and Growth Rate (2015-2020) 6.2.1 United States String Inverter Market Under COVID-19 6.3 Canada String Inverter Sales and Growth Rate (2015-2020) 6.4 Mexico String Inverter Sales and Growth Rate (2015-2020) 7 Europe String Inverter Market Analysis by Countries 7.1 Europe String Inverter Sales, Revenue and Market Share by Countries 7.1.1 Europe String Inverter Sales by Countries (2015-2020) 7.1.2 Europe String Inverter Revenue by Countries (2015-2020) 7.1.3 Europe String Inverter Market Under COVID-19 7.2 Germany String Inverter Sales and Growth Rate (2015-2020) 7.2.1 Germany String Inverter Market Under COVID-19 7.3 UK String Inverter Sales and Growth Rate (2015-2020) 7.3.1 UK String Inverter Market Under COVID-19 7.4 France String Inverter Sales and Growth Rate (2015-2020) 7.4.1 France String Inverter Market Under COVID-19 7.5 Italy String Inverter Sales and Growth Rate (2015-2020) 7.5.1 Italy String Inverter Market Under COVID-19 7.6 Spain String Inverter Sales and Growth Rate (2015-2020) 7.6.1 Spain String Inverter Market Under COVID-19 7.7 Russia String Inverter Sales and Growth Rate (2015-2020) 7.7.1 Russia String Inverter Market Under COVID-19 8 Asia-Pacific String Inverter Market Analysis by Countries 8.1 Asia-Pacific String Inverter Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific String Inverter Sales by Countries (2015-2020) 8.1.2 Asia-Pacific String Inverter Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific String Inverter Market Under COVID-19 8.2 China String Inverter Sales and Growth Rate (2015-2020) 8.2.1 China String Inverter Market Under COVID-19 8.3 Japan String Inverter Sales and Growth Rate (2015-2020) 8.3.1 Japan String Inverter Market Under COVID-19 8.4 South Korea String Inverter Sales and Growth Rate (2015-2020) 8.4.1 South Korea String Inverter Market Under COVID-19 8.5 Australia String Inverter Sales and Growth Rate (2015-2020) 8.6 India String Inverter Sales and Growth Rate (2015-2020) 8.6.1 India String Inverter Market Under COVID-19 8.7 Southeast Asia String Inverter Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia String Inverter Market Under COVID-19 9 Middle East and Africa String Inverter Market Analysis by Countries 9.1 Middle East and Africa String Inverter Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa String Inverter Sales by Countries (2015-2020) 9.1.2 Middle East and Africa String Inverter Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa String Inverter Market Under COVID-19 9.2 Saudi Arabia String Inverter Sales and Growth Rate (2015-2020) 9.3 UAE String Inverter Sales and Growth Rate (2015-2020) 9.4 Egypt String Inverter Sales and Growth Rate (2015-2020) 9.5 Nigeria String Inverter Sales and Growth Rate (2015-2020) 9.6 South Africa String Inverter Sales and Growth Rate (2015-2020) 10 South America String Inverter Market Analysis by Countries 10.1 South America String Inverter Sales, Revenue and Market Share by Countries 10.1.1 South America String Inverter Sales by Countries (2015-2020) 10.1.2 South America String Inverter Revenue by Countries (2015-2020) 10.1.3 South America String Inverter Market Under COVID-19 10.2 Brazil String Inverter Sales and Growth Rate (2015-2020) 10.2.1 Brazil String Inverter Market Under COVID-19 10.3 Argentina String Inverter Sales and Growth Rate (2015-2020) 10.4 Columbia String Inverter Sales and Growth Rate (2015-2020) 10.5 Chile String Inverter Sales and Growth Rate (2015-2020) 11 Global String Inverter Market Segment by Types 11.1 Global String Inverter Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global String Inverter Sales and Market Share by Types (2015-2020) 11.1.2 Global String Inverter Revenue and Market Share by Types (2015-2020) 11.2 On-Grid Sales and Price (2015-2020) 11.3 Off-Grid Sales and Price (2015-2020) 12 Global String Inverter Market Segment by Applications 12.1 Global String Inverter Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global String Inverter Sales and Market Share by Applications (2015-2020) 12.1.2 Global String Inverter Revenue and Market Share by Applications (2015-2020) 12.2 Residential Sales, Revenue and Growth Rate (2015-2020) 12.3 Commercial & Industrial Sales, Revenue and Growth Rate (2015-2020) 12.4 Utilities Sales, Revenue and Growth Rate (2015-2020) 13 String Inverter Market Forecast by Regions (2020-2026) 13.1 Global String Inverter Sales, Revenue and Growth Rate (2020-2026) 13.2 String Inverter Market Forecast by Regions (2020-2026) 13.2.1 North America String Inverter Market Forecast (2020-2026) 13.2.2 Europe String Inverter Market Forecast (2020-2026) 13.2.3 Asia-Pacific String Inverter Market Forecast (2020-2026) 13.2.4 Middle East and Africa String Inverter Market Forecast (2020-2026) 13.2.5 South America String Inverter Market Forecast (2020-2026) 13.3 String Inverter Market Forecast by Types (2020-2026) 13.4 String Inverter Market Forecast by Applications (2020-2026) 13.5 String Inverter Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source
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