The global String Inverters market was valued at 298.97 Million USD in 2020 and will grow with a CAGR of 7.83% from 2020 to 2027, based on newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

String Inverter, it applies primarily to solar photovoltaic (PV)generation equipment. Grid Interactive or grid tied systems often use string inverters, while non-grid tied or non-grid interactive inverters use charge controllers. An inverter is a device which changes electricity from DC (direct current) into AC (alternating current). String inverters are by far the most commonly deployed option globally and comprise the vast majority of the world`s inverter market. However, MLPE technologies are rapidly gaining popularity and market share as their costs have come down despite the global dominance of string inverters. The Asia Pacific is estimated to hold the largest market share for string inverter till 2023. The Government targets, policy support, incentives such as feed-in traffics and tenders, and competitive bidding in the region will drive string invertors market during the forecast period.

By Market Verdors:

Yaskawa

ABB

SMA Solar

Solaredge

Sungrow

Fronius

Solarmax

Delta

Eaton Corp

Chint

By Types:

Single-Phase

Three-Phase

By Applications:

Residential

Commercial

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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To understand the future outlook and prospects for the market.

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1 Report Overview

1.1 Study Scope

1.2 Key Market Segments

1.3 Players Covered: Ranking by String Inverters Revenue

1.4 Market Analysis by Type

1.4.1 Global String Inverters Market Size Growth Rate by Type: 2021 VS 2027

1.4.2 Single-Phase

1.4.3 Three-Phase

1.5 Market by Application

1.5.1 Global String Inverters Market Share by Application: 2022-2027

1.5.2 Residential

1.5.3 Commercial

1.6 Study Objectives

1.7 Years Considered

1.8 Overview of Global String Inverters Market

1.8.1 Global String Inverters Market Status and Outlook (2016-2027)

1.8.2 North America

1.8.3 East Asia

1.8.4 Europe

1.8.5 South Asia

1.8.6 Southeast Asia

1.8.7 Middle East

1.8.8 Africa

1.8.9 Oceania

1.8.10 South America

1.8.11 Rest of the World

2 Market Competition by Manufacturers

2.1 Global String Inverters Production Capacity Market Share by Manufacturers (2016-2021)

2.2 Global String Inverters Revenue Market Share by Manufacturers (2016-2021)

2.3 Global String Inverters Average Price by Manufacturers (2016-2021)

2.4 Manufacturers String Inverters Production Sites, Area Served, Product Type

3 Sales by Region

3.1 Global String Inverters Sales Volume Market Share by Region (2016-2021)

3.2 Global String Inverters Sales Revenue Market Share by Region (2016-2021)

3.3 North America String Inverters Sales Volume

3.3.1 North America String Inverters Sales Volume Growth Rate (2016-2021)

3.3.2 North America String Inverters Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

3.4 East Asia String Inverters Sales Volume

3.4.1 East Asia String Inverters Sales Volume Growth Rate (2016-2021)

3.4.2 East Asia String Inverters Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

3.5 Europe String Inverters Sales Volume (2016-2021)

3.5.1 Europe String Inverters Sales Volume Growth Rate (2016-2021)

3.5.2 Europe String Inverters Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

3.6 South Asia String Inverters Sales Volume (2016-2021)

3.6.1 South Asia String Inverters Sales Volume Growth Rate (2016-2021)

3.6.2 South Asia String Inverters Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

3.7 Southeast Asia String Inverters Sales Volume (2016-2021)

3.7.1 Southeast Asia String Inverters Sales Volume Growth Rate (2016-2021)

3.7.2 Southeast Asia String Inverters Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

3.8 Middle East String Inverters Sales Volume (2016-2021)

3.8.1 Middle East String Inverters Sales Volume Growth Rate (2016-2021)

3.8.2 Middle East String Inverters Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

3.9 Africa String Inverters Sales Volume (2016-2021)

3.9.1 Africa String Inverters Sales Volume Growth Rate (2016-2021)

3.9.2 Africa String Inverters Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

3.10 Oceania String Inverters Sales Volume (2016-2021)

3.10.1 Oceania String Inverters Sales Volume Growth Rate (2016-2021)

3.10.2 Oceania String Inverters Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

3.11 South America String Inverters Sales Volume (2016-2021)

3.11.1 South America String Inverters Sales Volume Growth Rate (2016-2021)

3.11.2 South America String Inverters Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

3.12 Rest of the World String Inverters Sales Volume (2016-2021)

3.12.1 Rest of the World String Inverters Sales Volume Growth Rate (2016-2021)

3.12.2 Rest of the World String Inverters Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

4 North America

4.1 North America String Inverters Consumption by Countries

4.2 United States

4.3 Canada

4.4 Mexico

5 East Asia

5.1 East Asia String Inverters Consumption by Countries

5.2 China

5.3 Japan

5.4 South Korea

6 Europe

6.1 Europe String Inverters Consumption by Countries

6.2 Germany

6.3 United Kingdom

6.4 France

6.5 Italy

6.6 Russia

6.7 Spain

6.8 Netherlands

6.9 Switzerland

6.10 Poland

7 South Asia

7.1 South Asia String Inverters Consumption by Countries

7.2 India

7.3 Pakistan

7.4 Bangladesh

8 Southeast Asia

8.1 Southeast Asia String Inverters Consumption by Countries

8.2 Indonesia

8.3 Thailand

8.4 Singapore

8.5 Malaysia

8.6 Philippines

8.7 Vietnam

8.8 Myanmar

9 Middle East

9.1 Middle East String Inverters Consumption by Countries

9.2 Turkey

9.3 Saudi Arabia

9.4 Iran

9.5 United Arab Emirates

9.6 Israel

9.7 Iraq

9.8 Qatar

9.9 Kuwait

9.10 Oman

10 Africa

10.1 Africa String Inverters Consumption by Countries

10.2 Nigeria

10.3 South Africa

10.4 Egypt

10.5 Algeria

10.6 Morocco

11 Oceania

11.1 Oceania String Inverters Consumption by Countries

11.2 Australia

11.3 New Zealand

12 South America

12.1 South America String Inverters Consumption by Countries

12.2 Brazil

12.3 Argentina

12.4 Columbia

12.5 Chile

12.6 Venezuela

12.7 Peru

12.8 Puerto Rico

12.9 Ecuador

13 Rest of the World

13.1 Rest of the World String Inverters Consumption by Countries

13.2 Kazakhstan

14 Sales Volume, Sales Revenue, Sales Price Trend by Type

14.1 Global String Inverters Sales Volume Market Share by Type (2016-2021)

14.2 Global String Inverters Sales Revenue Market Share by Type (2016-2021)

14.3 Global String Inverters Sales Price by Type (2016-2021)

15 Consumption Analysis by Application

15.1 Global String Inverters Consumption Volume by Application (2016-2021)

15.2 Global String Inverters Consumption Value by Application (2016-2021)

16 Company Profiles and Key Figures in String Inverters Business

16.1 Yaskawa

16.1.1 Yaskawa Company Profile

16.1.2 Yaskawa String Inverters Product Specification

16.1.3 Yaskawa String Inverters Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.2 ABB

16.2.1 ABB Company Profile

16.2.2 ABB String Inverters Product Specification

16.2.3 ABB String Inverters Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.3 SMA Solar

16.3.1 SMA Solar Company Profile

16.3.2 SMA Solar String Inverters Product Specification

16.3.3 SMA Solar String Inverters Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.4 Solaredge

16.4.1 Solaredge Company Profile

16.4.2 Solaredge String Inverters Product Specification

16.4.3 Solaredge String Inverters Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.5 Sungrow

16.5.1 Sungrow Company Profile

16.5.2 Sungrow String Inverters Product Specification

16.5.3 Sungrow String Inverters Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.6 Fronius

16.6.1 Fronius Company Profile

16.6.2 Fronius String Inverters Product Specification

16.6.3 Fronius String Inverters Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.7 Solarmax

16.7.1 Solarmax Company Profile

16.7.2 Solarmax String Inverters Product Specification

16.7.3 Solarmax String Inverters Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.8 Delta

16.8.1 Delta Company Profile

16.8.2 Delta String Inverters Product Specification

16.8.3 Delta String Inverters Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.9 Eaton Corp

16.9.1 Eaton Corp Company Profile

16.9.2 Eaton Corp String Inverters Product Specification

16.9.3 Eaton Corp String Inverters Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.10 Chint

16.10.1 Chint Company Profile

16.10.2 Chint String Inverters Product Specification

16.10.3 Chint String Inverters Production Capacity, Revenue, Price and Gross Margin (2016-2021)

17 String Inverters Manufacturing Cost Analysis

17.1 String Inverters Key Raw Materials Analysis

17.1.1 Key Raw Materials

17.2 Proportion of Manufacturing Cost Structure

17.3 Manufacturing Process Analysis of String Inverters

17.4 String Inverters Industrial Chain Analysis

18 Marketing Channel, Distributors and Customers

18.1 Marketing Channel

18.2 String Inverters Distributors List

18.3 String Inverters Customers

19 Market Dynamics

19.1 Market Trends

19.2 Opportunities and Drivers

19.3 Challenges

19.4 Porter's Five Forces Analysis

20 Production and Supply Forecast

20.1 Global Forecasted Production of String Inverters (2022-2027)

20.2 Global Forecasted Revenue of String Inverters (2022-2027)

20.3 Global Forecasted Price of String Inverters (2016-2027)

20.4 Global Forecasted Production of String Inverters by Region (2022-2027)

20.4.1 North America String Inverters Production, Revenue Forecast (2022-2027)

20.4.2 East Asia String Inverters Production, Revenue Forecast (2022-2027)

20.4.3 Europe String Inverters Production, Revenue Forecast (2022-2027)

20.4.4 South Asia String Inverters Production, Revenue Forecast (2022-2027)

20.4.5 Southeast Asia String Inverters Production, Revenue Forecast (2022-2027)

20.4.6 Middle East String Inverters Production, Revenue Forecast (2022-2027)

20.4.7 Africa String Inverters Production, Revenue Forecast (2022-2027)

20.4.8 Oceania String Inverters Production, Revenue Forecast (2022-2027)

20.4.9 South America String Inverters Production, Revenue Forecast (2022-2027)

20.4.10 Rest of the World String Inverters Production, Revenue Forecast (2022-2027)

20.5 Forecast by Type and by Application (2022-2027)

20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2022-2027)

20.5.2 Global Forecasted Consumption of String Inverters by Application (2022-2027)

21 Consumption and Demand Forecast

21.1 North America Forecasted Consumption of String Inverters by Country

21.2 East Asia Market Forecasted Consumption of String Inverters by Country

21.3 Europe Market Forecasted Consumption of String Inverters by Countriy

21.4 South Asia Forecasted Consumption of String Inverters by Country

21.5 Southeast Asia Forecasted Consumption of String Inverters by Country

21.6 Middle East Forecasted Consumption of String Inverters by Country

21.7 Africa Forecasted Consumption of String Inverters by Country

21.8 Oceania Forecasted Consumption of String Inverters by Country

21.9 South America Forecasted Consumption of String Inverters by Country

21.10 Rest of the world Forecasted Consumption of String Inverters by Country

22 Research Findings and Conclusion

23 Methodology and Data Source

23.1 Methodology/Research Approach

23.1.1 Research Programs/Design

23.1.2 Market Size Estimation

23.1.3 Market Breakdown and Data Triangulation

23.2 Data Source

23.2.1 Secondary Sources

23.2.2 Primary Sources

23.3 Disclaimer

Methodology/Research Approach

Research Programs/Design

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources