Global Commercial and Industrial String Inverter Market Growth 2025-2031
Description
The global Commercial and Industrial String Inverter market size is predicted to grow from US$ 3468 million in 2025 to US$ 4838 million in 2031; it is expected to grow at a CAGR of 5.7% from 2025 to 2031.
String inverter is a kind of power electronic equipment widely used in solar photovoltaic system, its main function is to convert DC generated by photovoltaic panels into AC, so that it can be integrated into the grid or directly used for local loads. In commercial and industrial applications, string inverters are generally those designed to meet the needs of larger-scale photovoltaic power generation, which can be adapted to rooftop, ground-mounted or other types of distributed power generation systems in industrial and commercial facilities.
United States market for Commercial and Industrial String Inverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Commercial and Industrial String Inverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Commercial and Industrial String Inverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Commercial and Industrial String Inverter players cover Huawei, Sungrow Power, SMA, Goodwe, Sineng Electric, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Commercial and Industrial String Inverter Industry Forecast” looks at past sales and reviews total world Commercial and Industrial String Inverter sales in 2024, providing a comprehensive analysis by region and market sector of projected Commercial and Industrial String Inverter sales for 2025 through 2031. With Commercial and Industrial String Inverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial and Industrial String Inverter industry.
This Insight Report provides a comprehensive analysis of the global Commercial and Industrial String Inverter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commercial and Industrial String Inverter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial and Industrial String Inverter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial and Industrial String Inverter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial and Industrial String Inverter.
This report presents a comprehensive overview, market shares, and growth opportunities of Commercial and Industrial String Inverter market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Single Phase
Three Phase
Segmentation by Application:
Industrial
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Huawei
Sungrow Power
SMA
Goodwe
Sineng Electric
Zhejiang Ginlong Technologies
KSTAR
Shanghai Chint Power
Growatt
ABB
FIMER
Fronius
Xiamen Kehua Digital Energy
Guangzhou Sanjing Electric
KACO
Shenzhen Hopewind Electric
Hangzhou Hoymiles Power Electronics
Canadian Solar
SolaX Power
Key Questions Addressed in this Report
What is the 10-year outlook for the global Commercial and Industrial String Inverter market?
What factors are driving Commercial and Industrial String Inverter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Commercial and Industrial String Inverter market opportunities vary by end market size?
How does Commercial and Industrial String Inverter break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
String inverter is a kind of power electronic equipment widely used in solar photovoltaic system, its main function is to convert DC generated by photovoltaic panels into AC, so that it can be integrated into the grid or directly used for local loads. In commercial and industrial applications, string inverters are generally those designed to meet the needs of larger-scale photovoltaic power generation, which can be adapted to rooftop, ground-mounted or other types of distributed power generation systems in industrial and commercial facilities.
United States market for Commercial and Industrial String Inverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Commercial and Industrial String Inverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Commercial and Industrial String Inverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Commercial and Industrial String Inverter players cover Huawei, Sungrow Power, SMA, Goodwe, Sineng Electric, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Commercial and Industrial String Inverter Industry Forecast” looks at past sales and reviews total world Commercial and Industrial String Inverter sales in 2024, providing a comprehensive analysis by region and market sector of projected Commercial and Industrial String Inverter sales for 2025 through 2031. With Commercial and Industrial String Inverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial and Industrial String Inverter industry.
This Insight Report provides a comprehensive analysis of the global Commercial and Industrial String Inverter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commercial and Industrial String Inverter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial and Industrial String Inverter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial and Industrial String Inverter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial and Industrial String Inverter.
This report presents a comprehensive overview, market shares, and growth opportunities of Commercial and Industrial String Inverter market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Single Phase
Three Phase
Segmentation by Application:
Industrial
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Huawei
Sungrow Power
SMA
Goodwe
Sineng Electric
Zhejiang Ginlong Technologies
KSTAR
Shanghai Chint Power
Growatt
ABB
FIMER
Fronius
Xiamen Kehua Digital Energy
Guangzhou Sanjing Electric
KACO
Shenzhen Hopewind Electric
Hangzhou Hoymiles Power Electronics
Canadian Solar
SolaX Power
Key Questions Addressed in this Report
What is the 10-year outlook for the global Commercial and Industrial String Inverter market?
What factors are driving Commercial and Industrial String Inverter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Commercial and Industrial String Inverter market opportunities vary by end market size?
How does Commercial and Industrial String Inverter break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
140 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Commercial and Industrial String Inverter by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Commercial and Industrial String Inverter by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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