Global String Inverters Market to Witness a Pronounce Growth During 2025 - QY research
This report studies the String Inverters market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of String Inverters in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Yaskawa
ABB
SMA Solar
Solaredge
Sungrow
Fronius
Solarmax
Delta
Eaton Corp
Chint
By the product type, the market is primarily split into
Single-Phase
Three-Phase
By the end users/application, this report covers the following segments
Residential
Commercial
The study objectives of this report are:
To study and analyze the global String Inverters market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of String Inverters market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global String Inverters manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the String Inverters with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of String Inverters submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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