Introduction
String inverter is a machine coupled with the equipment of solar photovoltaic power generation equipment. A string inverter makes the sufficient conversion of electricity from Direct Current (DC) to Alternating Current (AC). String inverters are the fundamental element of a solar panel system. The report provides analysis of global string inverter market for the period 2016-2026, wherein 2018 to 2026 is the forecast period and 2017 is considered as the base year. The global string inverter market is anticipated to grow at substantial CAGR above 10% throughout the forecast period. Furthermore, Market players are primarily focusing on developing new innovative technologies that will supplement growth of the string inverter market.
Market Dynamics
Growth in installations of solar panel systems, advantages provided by string inverter, increasing need for high performance and initiatives taken by governments are some of the fundamental factors that are driving the string inverter market growth globally. In order to increase productivity and overall performance the implementation of string inverter is increasing rapidly, thereby boosting the growth of the global string inverter market. Initiatives taken by governments across the globe in order to support the use of alternative energy in addition with the subsidies and attractive intensives are expected to amplify the number of installations of solar panels, resulting in the high demand for string inverters. In addition, string inverters together with the power optimizers significantly enhance the output power, thus delivering high performance. Furthermore, string inverters have the ability to be remotely monitored, which again act as a major factor boosting the adoption of string inverters.
Market Segmentation
String Inverter Market, By Power Class
- Single Phase
- Three Phase
- Low Power (≤99 kW)
- High Power (>99 kW)
String Inverter Market, By Nominal Output Power
- ≤500 W
- 500-1500W
- > 1500 W
String Inverter Market, By Nominal Output Voltage
- ≤ 230 V
- 230 - 400 V
- > 400 V
String Inverter Market, By Connectivity
String Inverter Market, By Application
- Residential
- Commercial
- College/University
- Office
- Government/Military
- Others
- Industrial
- Chemical
- Paper
- Food Processing
- Others
- Utility
Global String Inverter Market, by Geography
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Chile
- Rest of Latin America
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of MEA
The market research study on “String Inverter Market (By Power Class: Single Phase, Three Phase [Low Power (≤99 kW), High Power (>99 kW)]; By Nominal Output Power: ≤500 W, 500-1500W, > 1500 W; By Nominal Output Voltage: ≤ 230 V, 230 - 400 V, > 400 V; By Connectivity: Stand-alone, On-grid; By Application: Residential, Commercial [College/University, Office , Government/Military, Others], Industrial [Chemical , Paper, Food Processing, Others], Utility) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026” offers a detailed insights on global string inverter market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global string inverter market by power class, nominal output Power nominal output voltage, connectivity, application and major geographic regions. The report also covers basic technology development policies.
Market Participants
The global string inverter market is characterized by the presence of experienced and established players. Some of the key players include Elettronica Santerno, GoodWe, Huawei,Shenzhen KSTAR, TBEA, Omron, Delta Group, SMA Solar, Fronious, Ginlong Technologies, Schneider Electric, REFU, SatCon, Solar Edge, Sungrow, Chint Group, Samil Power, Growatt New Energy Technology, Elektronik, SolarMax, KACO New Energy and ABB.
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of String Inverter
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. String Inverter Market By Power Class
1.2.2.1. Global String Inverter Market Revenue and Growth Rate Comparison By Power Class (2015-2026)
1.2.2.2. Global String Inverter Market Revenue Share By Power Class in 2017
1.2.2.3. Single Phase
1.2.2.4. Three Phase
1.2.2.5. Others
1.2.3. String Inverter Market By Nominal Output Power
1.2.3.1. Global String Inverter Market Revenue and Growth Rate Comparison By Nominal Output Power (2015-2026)
1.2.3.2. Global String Inverter Market Revenue Share By Nominal Output Power in 2017
1.2.3.3. ≤500 W
1.2.3.4. 500-1500W
1.2.3.5. > 1500 W
1.2.3.6. Others
1.2.4. String Inverter Market By Nominal Output Voltage
1.2.4.1. Global String Inverter Market Revenue and Growth Rate Comparison By Nominal Output Voltage (2015-2026)
1.2.4.2. Global String Inverter Market Revenue Share By Nominal Output Voltage in 2017
1.2.4.3. ≤ 230 V
1.2.4.4. 230 - 400 V
1.2.4.5. > 400 V
1.2.4.6. Others
1.2.5. String Inverter Market By Connectivity
1.2.5.1. Global String Inverter Market Revenue and Growth Rate Comparison By Connectivity (2015-2026)
1.2.5.2. Global String Inverter Market Revenue Share By Connectivity in 2017
1.2.5.3. Stand-alone
1.2.5.4. On-grid
1.2.5.5. Others
1.2.6. String Inverter Market By Application
1.2.6.1. Global String Inverter Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.6.2. Global String Inverter Market Revenue Share By Application in 2017
1.2.6.3. Residential
1.2.6.4. Commercial
1.2.6.5. Industrial
1.2.6.6. Utility
1.2.6.7. Others
1.2.7. String Inverter Market by Geography
1.2.7.1. Global String Inverter Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.7.2. North America String Inverter Market Revenue and Growth Rate (2015-2026)
1.2.7.3. Europe String Inverter Market Revenue and Growth Rate (2015-2026)
1.2.7.4. Asia-Pacific String Inverter Market Revenue and Growth Rate (2015-2026)
1.2.7.5. Latin America String Inverter Market Revenue and Growth Rate (2015-2026)
1.2.7.6. Middle East and Africa (MEA) String Inverter Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global String Inverter Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global String Inverter Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global String Inverter Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global String Inverter Major Manufacturers in 2017
CHAPTER 4. String Inverter MARKET BY POWER CLASS
4.1. Global String Inverter Revenue By Power Class
4.2. Single Phase
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Three Phase
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Others
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. String Inverter MARKET By Nominal Output Power
5.1. Global String Inverter Revenue By Nominal Output Power
5.2. ≤500 W
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. 500-1500W
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. > 1500 W
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Others
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. String Inverter MARKET By Nominal Output Voltage
6.1. Global String Inverter Revenue By Nominal Output Voltage
6.2. ≤ 230 V
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. 230 - 400 V
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. > 400 V
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.5. Others
6.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 7. String Inverter MARKET By Connectivity
7.1. Global String Inverter Revenue By Connectivity
7.2. Stand-alone
7.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.3. On-grid
7.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.4. Others
7.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 8. String Inverter MARKET By Application
8.1. Global String Inverter Revenue By Application
8.2. Residential
8.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
8.3. Commercial
8.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
8.4. Industrial
8.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
8.5. Utility
8.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
8.6. Others
8.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 9. NORTH AMERICA String Inverter MARKET BY COUNTRY
9.1. North America String Inverter Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. North America String Inverter Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. U.S.
9.3.1. U.S. String Inverter Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
9.4. Canada
9.4.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
9.5. Mexico
9.5.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
CHAPTER 10. EUROPE String Inverter MARKET BY COUNTRY
10.1. Europe String Inverter Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Europe String Inverter Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. UK
10.3.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
10.4. Germany
10.4.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
10.5. France
10.5.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
10.6. Spain
10.6.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
10.6.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
10.7. Rest of Europe
10.7.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
10.7.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
CHAPTER 11. ASIA-PACIFIC String Inverter MARKET BY COUNTRY
11.1. Asia-Pacific String Inverter Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Asia-Pacific String Inverter Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. China
11.3.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
11.4. Japan
11.4.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
11.5. India
11.5.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
11.6. Australia
11.6.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
11.6.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
11.7. South Korea
11.7.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
11.7.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
11.8. Rest of Asia-Pacific
11.8.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
11.8.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
CHAPTER 12. LATIN AMERICA String Inverter MARKET BY COUNTRY
12.1. Latin America String Inverter Market Revenue and Growth Rate, 2015 - 2026 ($Million)
12.2. Latin America String Inverter Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. Brazil
12.3.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
12.3.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
12.4. Argentina
12.4.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
12.4.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
12.5. Rest of Latin America
12.5.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
12.5.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
CHAPTER 13. MIDDLE EAST String Inverter MARKET BY COUNTRY
13.1. Middle East String Inverter Market Revenue and Growth Rate, 2015 - 2026 ($Million)
13.2. Middle East String Inverter Market Revenue Share Comparison, 2015 & 2026 (%)
13.3. Saudi Arabia
13.3.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
13.3.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
13.4. UAE
13.4.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
13.4.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
13.5. Rest of Middle East
13.5.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
13.5.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
CHAPTER 14. AFRICA String Inverter MARKET BY COUNTRY
14.1. Africa String Inverter Market Revenue and Growth Rate, 2015 - 2026 ($Million)
14.2. Africa String Inverter Market Revenue Share Comparison, 2015 & 2026 (%)
14.3. South Africa
14.3.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
14.3.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
14.4. Egypt
14.4.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
14.4.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
14.5. Rest of Africa
14.5.1. Market Revenue and Forecast By Power Class, 2015 - 2026 ($Million)
14.5.2. Market Revenue and Forecast By Nominal Output Power, 2015 - 2026 ($Million)
CHAPTER 15. COMPANY PROFILE
15.1. Elettronica Santerno
15.1.1. Company Snapshot
15.1.2. Overview
15.1.3. Financial Overview
15.1.4. Product Portfolio
15.1.5. Key Developments
15.1.6. Strategies
15.2. GoodWe
15.2.1. Company Snapshot
15.2.2. Overview
15.2.3. Financial Overview
15.2.4. Product Portfolio
15.2.5. Key Developments
15.2.6. Strategies
15.3. Huawei
15.3.1. Company Snapshot
15.3.2. Overview
15.3.3. Financial Overview
15.3.4. Product Portfolio
15.3.5. Key Developments
15.3.6. Strategies
15.4. Shenzhen KSTAR
15.4.1. Company Snapshot
15.4.2. Overview
15.4.3. Financial Overview
15.4.4. Product Portfolio
15.4.5. Key Developments
15.4.6. Strategies
15.5. TBEA
15.5.1. Company Snapshot
15.5.2. Overview
15.5.3. Financial Overview
15.5.4. Product Portfolio
15.5.5. Key Developments
15.5.6. Strategies
15.6. Omron
15.6.1. Company Snapshot
15.6.2. Overview
15.6.3. Financial Overview
15.6.4. Product Portfolio
15.6.5. Key Developments
15.6.6. Strategies
15.7. Delta Group
15.7.1. Company Snapshot
15.7.2. Overview
15.7.3. Financial Overview
15.7.4. Product Portfolio
15.7.5. Key Developments
15.7.6. Strategies
15.8. SMA Solar
15.8.1. Company Snapshot
15.8.2. Overview
15.8.3. Financial Overview
15.8.4. Product Portfolio
15.8.5. Key Developments
15.8.6. Strategies
15.9. Fronious
15.9.1. Company Snapshot
15.9.2. Overview
15.9.3. Financial Overview
15.9.4. Product Portfolio
15.9.5. Key Developments
15.9.6. Strategies
15.10. Ginlong Technologies
15.10.1. Company Snapshot
15.10.2. Overview
15.10.3. Financial Overview
15.10.4. Product Portfolio
15.10.5. Key Developments
15.10.6. Strategies
15.11. Schneider Electric
15.11.1. Company Snapshot
15.11.2. Overview
15.11.3. Financial Overview
15.11.4. Product Portfolio
15.11.5. Key Developments
15.11.6. Strategies
15.12. REFU
15.12.1. Company Snapshot
15.12.2. Overview
15.12.3. Financial Overview
15.12.4. Product Portfolio
15.12.5. Key Developments
15.12.6. Strategies
15.13. SatCon
15.13.1. Company Snapshot
15.13.2. Overview
15.13.3. Financial Overview
15.13.4. Product Portfolio
15.13.5. Key Developments
15.13.6. Strategies
15.14. Solar Edge
15.14.1. Company Snapshot
15.14.2. Overview
15.14.3. Financial Overview
15.14.4. Product Portfolio
15.14.5. Key Developments
15.14.6. Strategies
15.15. Sungrow
15.15.1. Company Snapshot
15.15.2. Overview
15.15.3. Financial Overview
15.15.4. Product Portfolio
15.15.5. Key Developments
15.15.6. Strategies
15.16. Chint Group
15.16.1. Company Snapshot
15.16.2. Overview
15.16.3. Financial Overview
15.16.4. Product Portfolio
15.16.5. Key Developments
15.16.6. Strategies
15.17. Samil Power
15.17.1. Company Snapshot
15.17.2. Overview
15.17.3. Financial Overview
15.17.4. Product Portfolio
15.17.5. Key Developments
15.17.6. Strategies
15.18. Growatt New Energy Technology
15.18.1. Company Snapshot
15.18.2. Overview
15.18.3. Financial Overview
15.18.4. Product Portfolio
15.18.5. Key Developments
15.18.6. Strategies
15.19. Elektronik
15.19.1. Company Snapshot
15.19.2. Overview
15.19.3. Financial Overview
15.19.4. Product Portfolio
15.19.5. Key Developments
15.19.6. Strategies
15.20. SolarMax
15.20.1. Company Snapshot
15.20.2. Overview
15.20.3. Financial Overview
15.20.4. Product Portfolio
15.20.5. Key Developments
15.20.6. Strategies
15.21. KACO New Energy
15.21.1. Company Snapshot
15.21.2. Overview
15.21.3. Financial Overview
15.21.4. Product Portfolio
15.21.5. Key Developments
15.21.6. Strategies
15.22. ABB.
15.22.1. Company Snapshot
15.22.2. Overview
15.22.3. Financial Overview
15.22.4. Product Portfolio
15.22.5. Key Developments
15.22.6. Strategies
15.23. Others
15.23.1. Company Snapshot
15.23.2. Overview
15.23.3. Financial Overview
15.23.4. Product Portfolio
15.23.5. Key Developments
15.23.6. Strategies
CHAPTER 16. RESEARCH APPROACH
16.1. Research Methodology
16.1.1. Initial Data Search
16.1.2. Secondary Research
16.1.3. Primary Research
16.2. Assumptions and Scope
![String Inverter Market (By Power Class: Single Phase, Three Phase [Low Power (?99 kW), High Power (>99 kW)]; By Nominal Output Power: ?500 W, 500-1500W, > 1500 W; By Nominal Output Voltage: ? 230 V, 230 - 400 V, > 400 V; By Connectivity: Stand-alone, On-grid; By Application: Residential, Commercial [College/University, Office , Government/Military, Others], Industrial [Chemical , Paper, Food Processing, Others], Utility) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026](assets/images/format-png.png "String Inverter Market (By Power Class: Single Phase, Three Phase [Low Power (?99 kW), High Power (>99 kW)]; By Nominal Output Power: ?500 W, 500-1500W, > 1500 W; By Nominal Output Voltage: ? 230 V, 230 - 400 V, > 400 V; By Connectivity: Stand-alone, On-grid; By Application: Residential, Commercial [College/University, Office , Government/Military, Others], Industrial [Chemical , Paper, Food Processing, Others], Utility) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026")
