Global String Inverters Competitive Landscape Professional Research Report 2025
Description
Research Summary
String inverters are a type of solar inverter used in photovoltaic (PV) systems to convert the direct current (DC) electricity generated by solar panels into alternating current (AC) electricity suitable for use in homes or businesses. Unlike microinverters, which are installed on each individual solar panel, string inverters are typically installed in a centralized location and connected to multiple solar panels in a string configuration. This setup allows for efficient conversion of DC power from multiple panels simultaneously. String inverters are known for their reliability, cost-effectiveness, and ease of maintenance, making them a popular choice for residential and commercial solar installations. However, one drawback of string inverters is that the performance of the entire string can be affected if one panel in the string underperforms due to shading, dirt, or other factors. Nevertheless, advancements in technology, such as power optimizers and monitoring systems, have helped mitigate these issues, making string inverters a widely adopted choice in the solar industry.
According to DIResearch's in-depth investigation and research, the global String Inverters market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of String Inverters include HUAWEI, Sungrow Power Supply Co., Ltd, SMA, GOODWE, SINENG, ATEC GROUP, KSTAR, CPS, GROWATT, TBEA, FIMER, Fronius, KELONG, SAJ, KACO etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of String Inverters. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global String Inverters market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the String Inverters market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of String Inverters industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of String Inverters Include:
HUAWEI
Sungrow Power Supply Co., Ltd
SMA
GOODWE
SINENG
ATEC GROUP
KSTAR
CPS
GROWATT
TBEA
FIMER
Fronius
KELONG
SAJ
KACO
String Inverters Product Segment Include:
1.5-6KW
6-30KW
30-40KW
40-60KW
60-200KW
Above 200KW
String Inverters Product Application Include:
Household Use
Industrial and Commercial
Ground Power Station
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global String Inverters Industry PESTEL Analysis
Chapter 3: Global String Inverters Industry Porter’s Five Forces Analysis
Chapter 4: Global String Inverters Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 5: Global String Inverters Market Size and Forecast by Type and Application Analysis
Chapter 6: North America String Inverters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe String Inverters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China String Inverters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) String Inverters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America String Inverters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa String Inverters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global String Inverters Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
String inverters are a type of solar inverter used in photovoltaic (PV) systems to convert the direct current (DC) electricity generated by solar panels into alternating current (AC) electricity suitable for use in homes or businesses. Unlike microinverters, which are installed on each individual solar panel, string inverters are typically installed in a centralized location and connected to multiple solar panels in a string configuration. This setup allows for efficient conversion of DC power from multiple panels simultaneously. String inverters are known for their reliability, cost-effectiveness, and ease of maintenance, making them a popular choice for residential and commercial solar installations. However, one drawback of string inverters is that the performance of the entire string can be affected if one panel in the string underperforms due to shading, dirt, or other factors. Nevertheless, advancements in technology, such as power optimizers and monitoring systems, have helped mitigate these issues, making string inverters a widely adopted choice in the solar industry.
According to DIResearch's in-depth investigation and research, the global String Inverters market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of String Inverters include HUAWEI, Sungrow Power Supply Co., Ltd, SMA, GOODWE, SINENG, ATEC GROUP, KSTAR, CPS, GROWATT, TBEA, FIMER, Fronius, KELONG, SAJ, KACO etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of String Inverters. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global String Inverters market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the String Inverters market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of String Inverters industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of String Inverters Include:
HUAWEI
Sungrow Power Supply Co., Ltd
SMA
GOODWE
SINENG
ATEC GROUP
KSTAR
CPS
GROWATT
TBEA
FIMER
Fronius
KELONG
SAJ
KACO
String Inverters Product Segment Include:
1.5-6KW
6-30KW
30-40KW
40-60KW
60-200KW
Above 200KW
String Inverters Product Application Include:
Household Use
Industrial and Commercial
Ground Power Station
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global String Inverters Industry PESTEL Analysis
Chapter 3: Global String Inverters Industry Porter’s Five Forces Analysis
Chapter 4: Global String Inverters Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 5: Global String Inverters Market Size and Forecast by Type and Application Analysis
Chapter 6: North America String Inverters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe String Inverters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China String Inverters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) String Inverters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America String Inverters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa String Inverters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global String Inverters Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
Table of Contents
170 Pages
- 1 String Inverters Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 String Inverters Product by Type
- 1.2.1 1.5-6KW
- 1.2.2 6-30KW
- 1.2.3 30-40KW
- 1.2.4 40-60KW
- 1.2.5 60-200KW
- 1.2.6 Above 200KW
- 1.3 String Inverters Product by Application
- 1.3.1 Household Use
- 1.3.2 Industrial and Commercial
- 1.3.3 Ground Power Station
- 1.4 Global String Inverters Market Revenue and Sales Analysis
- 1.4.1 Global String Inverters Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global String Inverters Sales Market Size Analysis (2020-2032)
- 1.4.3 Global String Inverters Market Sales Price Trend Analysis (2020-2032)
- 1.5 String Inverters Industry Trends and Innovation
- 1.5.1 String Inverters Industry Trends and Innovation
- 1.5.2 String Inverters Market Drivers and Challenges
- 2 String Inverters Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 String Inverters Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global String Inverters Market Analysis by Regions
- 4.1 Global String Inverters Overall Market: 2024 VS 2025 VS 2032
- 4.2 Global String Inverters Revenue and Forecast Analysis (2020-2032)
- 4.2.1 Global String Inverters Revenue and Market Share by Region (2020-2025)
- 4.2.2 Global String Inverters Revenue and Market Share Forecast by Region (2026-2032)
- 4.3 Global String Inverters Sales and Forecast Analysis (2020-2032)
- 4.3.1 Global String Inverters Sales and Market Share by Region (2020-2025)
- 4.3.2 Global String Inverters Sales and Market Share Forecast by Region (2026-2032)
- 4.4 Global String Inverters Sales Price Trend Analysis (2020-2032)
- 5 Global String Inverters Market Size by Type and Application
- 5.1 Global String Inverters Market Size by Type
- 5.1.1 Global String Inverters Revenue and Forecast Analysis by Type (2020-2032)
- 5.1.2 Global String Inverters Sales and Forecast Analysis by Type (2020-2032)
- 5.2 Global String Inverters Market Size by Application
- 5.2.1 Global String Inverters Revenue and Forecast Analysis by Application (2020-2032)
- 5.2.2 Global String Inverters Sales and Forecast Analysis by Application (2020-2032)
- 6 North America
- 6.1 North America String Inverters Market Size and Growth Rate Analysis (2020-2032)
- 6.2 North America Key Manufacturers Analysis
- 6.3 North America String Inverters Market Size by Type
- 6.3.1 North America String Inverters Sales by Type (2020-2032)
- 6.3.2 North America String Inverters Revenue by Type (2020-2032)
- 6.4 North America String Inverters Market Size by Application
- 6.4.1 North America String Inverters Sales by Application (2020-2032)
- 6.4.2 North America String Inverters Revenue by Application (2020-2032)
- 6.5 North America String Inverters Market Size by Country
- 6.5.1 US
- 6.5.2 Canada
- 7 Europe
- 7.1 Europe String Inverters Market Size and Growth Rate Analysis (2020-2032)
- 7.2 Europe Key Manufacturers Analysis
- 7.3 Europe String Inverters Market Size by Type
- 7.3.1 Europe String Inverters Sales by Type (2020-2032)
- 7.3.2 Europe String Inverters Revenue by Type (2020-2032)
- 7.4 Europe String Inverters Market Size by Application
- 7.4.1 Europe String Inverters Sales by Application (2020-2032)
- 7.4.2 Europe String Inverters Revenue by Application (2020-2032)
- 7.5 Europe String Inverters Market Size by Country
- 7.5.1 Germany
- 7.5.2 France
- 7.5.3 United Kingdom
- 7.5.4 Italy
- 7.5.5 Spain
- 7.5.6 Benelux
- 8 China
- 8.1 China String Inverters Market Size and Growth Rate Analysis (2020-2032)
- 8.2 China Key Manufacturers Analysis
- 8.3 China String Inverters Market Size by Type
- 8.3.1 China String Inverters Sales by Type (2020-2032)
- 8.3.2 China String Inverters Revenue by Type (2020-2032)
- 8.4 China String Inverters Market Size by Application
- 8.4.1 China String Inverters Sales by Application (2020-2032)
- 8.4.2 China String Inverters Revenue by Application (2020-2032)
- 9 APAC (excl. China)
- 9.1 APAC (excl. China) String Inverters Market Size and Growth Rate Analysis (2020-2032)
- 9.2 APAC (excl. China) Key Manufacturers Analysis
- 9.3 APAC (excl. China) String Inverters Market Size by Type
- 9.3.1 APAC (excl. China) String Inverters Sales by Type (2020-2032)
- 9.3.2 APAC (excl. China) String Inverters Revenue by Type (2020-2032)
- 9.4 APAC (excl. China) String Inverters Market Size by Application
- 9.4.1 APAC (excl. China) String Inverters Sales by Application (2020-2032)
- 9.4.2 APAC (excl. China) String Inverters Revenue by Application (2020-2032)
- 9.5 APAC (excl. China) String Inverters Market Size by Country
- 9.5.1 Japan
- 9.5.2 South Korea
- 9.5.3 India
- 9.5.4 Australia
- 9.5.5 Southeast Asia
- 10 Latin America
- 10.1 Latin America String Inverters Market Size and Growth Rate Analysis (2020-2032)
- 10.2 Latin America Key Manufacturers Analysis
- 10.3 Latin America String Inverters Market Size by Type
- 10.3.1 Latin America String Inverters Sales by Type (2020-2032)
- 10.3.2 Latin America String Inverters Revenue by Type (2020-2032)
- 10.4 Latin America String Inverters Market Size by Application
- 10.4.1 Latin America String Inverters Sales by Application (2020-2032)
- 10.4.2 Latin America String Inverters Revenue by Application (2020-2032)
- 10.5 Latin America String Inverters Market Size by Country
- 10.6 Latin America String Inverters Market Size by Country
- 10.6.1 Mexico
- 10.6.2 Brazil
- 11 Middle East & Africa
- 11.1 Middle East & Africa String Inverters Market Size and Growth Rate Analysis (2020-2032)
- 11.2 Middle East & Africa Key Manufacturers Analysis
- 11.3 Middle East & Africa String Inverters Market Size by Type
- 11.3.1 Middle East & Africa String Inverters Sales by Type (2020-2032)
- 11.3.2 Middle East & Africa String Inverters Revenue by Type (2020-2032)
- 11.4 Middle East & Africa String Inverters Market Size by Application
- 11.4.1 Middle East & Africa String Inverters Sales by Application (2020-2032)
- 11.4.2 Middle East & Africa String Inverters Revenue by Application (2020-2032)
- 11.5 Middle East String Inverters Market Size by Country
- 11.5.1 Saudi Arabia
- 11.5.2 South Africa
- 12 Competition by Manufacturers
- 12.1 Global String Inverters Market Sales, Revenue and Price by Key Manufacturers (2021-2025)
- 12.1.1 Global String Inverters Market Sales by Key Manufacturers (2021-2025)
- 12.1.2 Global String Inverters Market Revenue by Key Manufacturers (2021-2025)
- 12.1.3 Global String Inverters Average Sales Price by Manufacturers (2021-2025)
- 12.2 String Inverters Competitive Landscape Analysis and Market Dynamic
- 12.2.1 String Inverters Competitive Landscape Analysis
- 12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
- 12.2.3 Market Dynamic
- 13 Key Companies Analysis
- 13.1 HUAWEI
- 13.1.1 HUAWEI Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.1.2 HUAWEI String Inverters Product Portfolio
- 13.1.3 HUAWEI String Inverters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.2 Sungrow Power Supply Co., Ltd
- 13.2.1 Sungrow Power Supply Co., Ltd Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.2.2 Sungrow Power Supply Co., Ltd String Inverters Product Portfolio
- 13.2.3 Sungrow Power Supply Co., Ltd String Inverters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.3 SMA
- 13.3.1 SMA Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.3.2 SMA String Inverters Product Portfolio
- 13.3.3 SMA String Inverters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.4 GOODWE
- 13.4.1 GOODWE Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.4.2 GOODWE String Inverters Product Portfolio
- 13.4.3 GOODWE String Inverters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.5 SINENG
- 13.5.1 SINENG Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.5.2 SINENG String Inverters Product Portfolio
- 13.5.3 SINENG String Inverters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.6 ATEC GROUP
- 13.6.1 ATEC GROUP Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.6.2 ATEC GROUP String Inverters Product Portfolio
- 13.6.3 ATEC GROUP String Inverters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.7 KSTAR
- 13.7.1 KSTAR Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.7.2 KSTAR String Inverters Product Portfolio
- 13.7.3 KSTAR String Inverters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.8 CPS
- 13.8.1 CPS Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.8.2 CPS String Inverters Product Portfolio
- 13.8.3 CPS String Inverters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.9 GROWATT
- 13.9.1 GROWATT Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.9.2 GROWATT String Inverters Product Portfolio
- 13.9.3 GROWATT String Inverters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.10 TBEA
- 13.10.1 TBEA Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.10.2 TBEA String Inverters Product Portfolio
- 13.10.3 TBEA String Inverters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.11 FIMER
- 13.11.1 FIMER Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.11.2 FIMER String Inverters Product Portfolio
- 13.11.3 FIMER String Inverters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.12 Fronius
- 13.12.1 Fronius Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.12.2 Fronius String Inverters Product Portfolio
- 13.12.3 Fronius String Inverters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.13 KELONG
- 13.13.1 KELONG Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.13.2 KELONG String Inverters Product Portfolio
- 13.13.3 KELONG String Inverters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.14 SAJ
- 13.14.1 SAJ Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.14.2 SAJ String Inverters Product Portfolio
- 13.14.3 SAJ String Inverters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.15 KACO
- 13.15.1 KACO Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.15.2 KACO String Inverters Product Portfolio
- 13.15.3 KACO String Inverters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14 Industry Chain Analysis
- 14.1 String Inverters Industry Chain Analysis
- 14.2 String Inverters Industry Raw Material and Suppliers Analysis
- 14.2.1 String Inverters Key Raw Material Supply Analysis
- 14.2.2 Raw Material Suppliers and Contact Information
- 14.3 String Inverters Typical Downstream Customers
- 14.4 String Inverters Sales Channel Analysis
- 15 Research Findings and Conclusion
- 16 Methodology and Data Source
- 16.1 Methodology/Research Approach
- 16.2 Research Scope
- 16.3 Benchmarks and Assumptions
- 16.4 Date Source
- 16.4.1 Primary Sources
- 16.4.2 Secondary Sources
- 16.5 Data Cross Validation
- 16.6 Disclaimer
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