String Inverter Market trends

String Inverter Market Sales, Price, Revenue, Gross Margin and Share 2023

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This global String Inverter market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.

A string inverter is a device for converting DC to AC power and which is designed for high voltage DC inputs.

Scope of the Report:

This report focuses on the String Inverter market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Because of government targets and policy support, Asia-Pacific tend to occupy global string?inverter market in the future.

The worldwide market for String Inverter is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new study.

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Market Segment by Manufacturers, this report covers

SMA Solar Technology

Solaredge Technologies

Schneider Electric Solar

ABB

Sungrow Power Supply

Fronius

Solarmax

Yaskawa-Solectria Solar?

Ginlong Technologies

Delta Energy System

Samil Power

KACO New Energy

Chint Power Systems

Huawei Technologies

Growatt New Energy Technology

Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Market Segment by Type, covers

On-Grid

Off-Grid

Market Segment by Applications, can be divided into

Residential

Commercial & Industrial

Utilities

There are 15 Chapters to deeply display the global String Inverter market.

Chapter 1, to describe String Inverter Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of String Inverter, with sales, revenue, and price of String Inverter, in 2016 and 2017;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;

Chapter 4, to show the global market by regions, with sales, revenue and market share of String Inverter, for each region, from 2013 to 2018;

Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;

Chapter 12, String Inverter market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;

Chapter 13, 14 and 15, to describe String Inverter sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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String Inverter Market: Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2024

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Market Study Report adds global String Inverter market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.

String Inverter Market Research Report for the period of 2016-2024 that shows the growth of the market is rising at a 15% CAGR to 2024.

String Inverter Market size is expected to cross USD 7 billion by 2024. Rising demand for continuous and reliable power sources owing to growing population and urbanization will propel global string inverter market share over forecast period. Strong demand trends for off grid electricity will also play a significant role in industry evolution, with over 800 million of total population having poor or no access to electric grid infrastructure as of 2015.

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Declining component cost coupled with low ongoing maintenance will positively influence string inverter market growth.  Advancement of technology has reduced the three-phase inverter price by over 20% from 2013. Cost competitiveness will increase its adoption among residential and commercial users.

Global industry revenue generated from on-grid will exceed USD 5 billion. It finds application in small to medium scale industrial &commercial complex and large-scale utility projects. Increasing adoption of decentralization system is set to drive standalone system demand.

The global revenue generated from up to 10 kW string inverter market for 2015 was over USD 225 million and is predicted to witness strong growth owing to growing rooftop solar system demand from residential and commercial consumers.

In the U.S., programs including Renewable Energy Production Incentives (REPI) have been introduced to encourage the adoption of renewable energy technologies which will positively impact demand. REPI program offers incentive payments to new renewable energy facilities that generate and sell electricity. For Europe, UK string inverter market size is set to witness growth over 18% by 2024. Shifting trend towards sustainable energy may favor the industry growth. The electricity generation through renewable resources reached from 64.7 TWh in 2014 to 83.3 TWh in 2015.

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Chile accounted for 10% of Latin America string inverter market share in 2015 and will see considerable growth owing to rising solar power installation. In 2016, Chile has installed 1,113 MW of solar power with over 2 GW of under construction and announced projects.

Major industry players include SolarMax, Huawei Technologies, Sungrow Power Supply, Fronius International, KOSTAL Solar Electric, Growatt New Energy Technology, Schneider, Ingeteam, Ginlong Technologies, Advanced Energy Industries, KACO New Energy and Solaredge Technologies.

Table of Content:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. String Inverter Industry Insights

Chapter 4. String Inverter Product Insights

Chapter 5. String Inverter Phase Insights

Chapter 6. String Inverter Power Rating Insights

Chapter 7    String Inverter Application Insights

Chapter 8    String Inverter Regional Insights

Chapter 9. Company Profiles

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Related Report:

Photovoltaic (PV) Inverter Market Share & Forecast, 2018 – 2024

Photovoltaic (PV) Inverter Market is projected to exceed USD 11 billion by 2024. Large scale fund allocation toward sustainable grid integration along with favorable government reforms will boost the industry growth. In 2017, around 70% of global PV industry has been positively influenced by monetary schemes and approx. 10% through net metering respectively. Increasing stand-alone electricity demand accompanied by rapid expansion of microgrid infrastructure will further enhance the business dynamics.

https://www.marketstudyreport.com/reports/photovoltaic-pv-inverter-market/?utm_source=RR-PSR

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