세계의 스트링 인버터 시장 규모 조사 및 예측 : 접속 유형별(온그리드, 오프그리드), 위상별(단상, 3상), 최종사용산업별(주택, 상업·산업, 유틸리티), 지역별 분석(2022-2029년)

Global String Inverter Market is valued at approximately USD 10.75 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.6% over the forecast period 2022-2029. A string inverter is a crucial component of a solar power system that transforms the DC electricity coming from solar panels into the AC power required for the home's electrical needs. The String Inverter market is expanding because of factors such as increasing development in the renewable energy sector and growing solar power-based industrial applications.

Additionally, apart from conversion, string inverters perform voltage tracking, grid-connected communication, and even shut down during emergency situations. Its prevalence has progressively increased during the last few decades. According to the Group Next Move Strategy Consulting, the market will reach over USD 2 trillion by 2030. Furthermore, in 2021, the global installed capacity of renewable power surpassed three terawatts, approximately 1.2 terawatts of which were derived from hydropower. According to Statista, in 2021, renewable energy production worldwide amounted to nearly 7.5 petawatt hours. Another important component driving space is increasing solar power-based industrial applications. As per Statista in 2024, solar PV demand is expected to total 125.2 gigawatts around the world. In addition, the global solar energy market is expected to reach 422 billion U.S. dollars in 2022. China and the United States were two of the largest solar markets in the world, driving a large portion of global solar demand. Also, increasing government initiatives in the electrification of rural and remote areas and rising solar installations would create a lucrative growth prospectus for the market over the forecast period However, the high heat loss of String Inverter stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global String Inverter Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific dominated the market in terms of revenue, owing to the presence of key players and a huge consumer base in the region. In addition, there is a rise in urbanization and industrialization in the region. According to Statista, In, 2022, the annual electricity generation from solar photovoltaics in the Asia Pacific region was around 726.1 terawatt hours. Electricity generation from solar photovoltaics saw an increase in 2022 compared to the previous year, wherein the value was around 581.3 terawatt hours. Furthermore, Europe is expected to grow with the highest CAGR during the forecast period, owing to factors such as the growing adoption of battery energy storage systems and rising product usage in different sectors including commercial, utility, and residential in the market space.

Major market players included in this report are:

• FIMER S.p.A
• Chint Group
• Delta Electronics Public Co., Ltd
• SolarMax GmbH
• Growatt New Energy Technology Co., Ltd
• Huawei Technologies Co., Ltd
• SIEMENS AG
• Ginlong Technologies
• SolarEdge Technologies Ltd
• SMA Solar Technology AG

Recent Developments in the Market:

• In February 2023, SolarEdge Technologies, Inc announced the launch of its first Battery Virtual Power Plant supporting Great Britain's National Grid ESO Demand Flexibility Service It is available to thousands of SolarEdge Home Battery owners across Great Britain with eligible smart meters, that are now able to earn financial incentives utilizing their stored battery energy during DFS peak demand events, which helps in stabilizing the grid.

Global String Inverter Market Report Scope:

• Historical Data: 2019-2020-2021

• Base Year for Estimation: 2021

• Forecast period: 2022-2029

• Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

• Segments Covered: Connection Type, Phase, End-Use Industry

• Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

• Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Connection Type

• On-Grid
• Off-Grid

By Phase

• Single
• Three

By End Use Industry

• Residential
• Commercial & Industrial
• Utilities

By Region:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC
• Latin America
• Brazil
• Mexico
• RoLA
• Rest of the World

Table of Contents

Chapter 1. Executive Summary

• 1.1. Market Snapshot
• 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  • 1.2.1. String Inverter Market, by Region, 2019-2029 (USD Billion)
  • 1.2.2. String Inverter Market, by Connection Type, 2019-2029 (USD Billion)
  • 1.2.3. String Inverter Market, by Phase, 2019-2029 (USD Billion)
  • 1.2.4. String Inverter Market, by End Use Industry, 2019-2029 (USD Billion)
• 1.3. Key Trends
• 1.4. Estimation Methodology
• 1.5. Research Assumption

Chapter 2. Global String Inverter Market Definition and Scope

• 2.1. Objective of the Study
• 2.2. Market Definition & Scope
  • 2.2.1. Scope of the Study
  • 2.2.2. Industry Evolution
• 2.3. Years Considered for the Study
• 2.4. Currency Conversion Rates

Chapter 3. Global String Inverter Market Dynamics

• 3.1. String Inverter Market Impact Analysis (2019-2029)
  • 3.1.1. Market Drivers
    • 3.1.1.1. Increasing development in the renewable energy sector
    • 3.1.1.2. Growing solar power-based industrial applications.
  • 3.1.2. Market Challenges
    • 3.1.2.1. High heat loss in String Inverter
  • 3.1.3. Market Opportunities
    • 3.1.3.1. Increasing government initiatives in the electrification of rural and remote areas
    • 3.1.3.2. Rising solar installations.

Chapter 4. Global String Inverter Market Industry Analysis

• 4.1. Porter's 5 Force Model
  • 4.1.1. Bargaining Power of Suppliers
  • 4.1.2. Bargaining Power of Buyers
  • 4.1.3. Threat of New Entrants
  • 4.1.4. Threat of Substitutes
  • 4.1.5. Competitive Rivalry
• 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
• 4.3. PEST Analysis
  • 4.3.1. Political
  • 4.3.2. Economical
  • 4.3.3. Social
  • 4.3.4. Technological
• 4.4. Top investment opportunity
• 4.5. Top winning strategies
• 4.6. Industry Experts Prospective
• 4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

• 5.1. Assessment of the overall impact of COVID-19 on the industry
• 5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global String Inverter Market, by Connection Type

• 6.1. Market Snapshot
• 6.2. Global String Inverter Market by Connection Type, Performance - Potential Analysis
• 6.3. Global String Inverter Market Estimates & Forecasts by Connection Type 2019-2029 (USD Billion)
• 6.4. String Inverter Market, Sub Segment Analysis
  • 6.4.1. On-Grid
  • 6.4.2. Off-Grid

Chapter 7. Global String Inverter Market, by Phase

• 7.1. Market Snapshot
• 7.2. Global String Inverter Market by Phase, Performance - Potential Analysis
• 7.3. Global String Inverter Market Estimates & Forecasts by Phase 2019-2029 (USD Billion)
• 7.4. String Inverter Market, Sub Segment Analysis
  • 7.4.1. Single
  • 7.4.2. Three

Chapter 8. Global String Inverter Market, by End Use Industry

• 8.1. Market Snapshot
• 8.2. Global String Inverter Market by End Use Industry, Performance - Potential Analysis
• 8.3. Global String Inverter Market Estimates & Forecasts by End Use Industry 2019-2029 (USD Billion)
• 8.4. String Inverter Market, Sub Segment Analysis
  • 8.4.1. Residential
  • 8.4.2. Commercial & Industrial
  • 8.4.3. Utilities

Chapter 9. Global String Inverter Market, Regional Analysis

• 9.1. String Inverter Market, Regional Market Snapshot
• 9.2. North America String Inverter Market
  • 9.2.1. U.S. String Inverter Market
    • 9.2.1.1. Connection Type breakdown estimates & forecasts, 2019-2029
    • 9.2.1.2. Phase breakdown estimates & forecasts, 2019-2029
    • 9.2.1.3. End Use Industry breakdown estimates & forecasts, 2019-2029
  • 9.2.2. Canada String Inverter Market
• 9.3. Europe String Inverter Market Snapshot
  • 9.3.1. U.K. String Inverter Market
  • 9.3.2. Germany String Inverter Market
  • 9.3.3. France String Inverter Market
  • 9.3.4. Spain String Inverter Market
  • 9.3.5. Italy String Inverter Market
  • 9.3.6. Rest of Europe String Inverter Market
• 9.4. Asia-Pacific String Inverter Market Snapshot
  • 9.4.1. China String Inverter Market
  • 9.4.2. India String Inverter Market
  • 9.4.3. Japan String Inverter Market
  • 9.4.4. Australia String Inverter Market
  • 9.4.5. South Korea String Inverter Market
  • 9.4.6. Rest of Asia Pacific String Inverter Market
• 9.5. Latin America String Inverter Market Snapshot
  • 9.5.1. Brazil String Inverter Market
  • 9.5.2. Mexico String Inverter Market
  • 9.5.3. Rest of Latin America String Inverter Market
• 9.6. Rest of The World String Inverter Market

Chapter 10. Competitive Intelligence

• 10.1. Top Market Strategies
• 10.2. Company Profiles
  • 10.2.1. Fimer S.p.A
    • 10.2.1.1. Key Information
    • 10.2.1.2. Overview
    • 10.2.1.3. Financial (Subject to Data Availability)
    • 10.2.1.4. Product Summary
    • 10.2.1.5. Recent Developments
  • 10.2.2. Chint Group
  • 10.2.3. Delta Electronics Public Co., Ltd
  • 10.2.4. SolarMax GmbH
  • 10.2.5. Growatt New Energy Technology Co., Ltd
  • 10.2.6. Huawei Technologies Co., Ltd
  • 10.2.7. SIEMENS AG
  • 10.2.8. Ginlong Technologies
  • 10.2.9. SolarEdge Technologies Ltd
  • 10.2.10. SMA Solar Technology AG

Chapter 11. Research Process

• 11.1. Research Process
  • 11.1.1. Data Mining
  • 11.1.2. Analysis
  • 11.1.3. Market Estimation
  • 11.1.4. Validation
  • 11.1.5. Publishing
• 11.2. Research Attributes
• 11.3. Research Assumption