String Inverters Market - MLPE Technologies Are Rapidly Gaining Popularity and Share, Overall Market to Reach 5310 Million US By 2025.

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This study researches the market size of String Inverters in United States, European Union and China, presents the String Inverters production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

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For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.

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.

In 2018, the market size of String Inverters is 2850 million US$ and it will reach 5310 million US in 2025, growing at a CAGR of 8.1% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US in 2025, with a CAGR of xx% during forecast period.

In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for String Inverters.

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In United States, European Union and China market, the following companies are covered:

Yaskawa

ABB

SMA Solar

Solaredge

Sungrow

Fronius

Solarmax

Delta

Eaton Corp

Chint

Market Segment by Product Type

Single-Phase

Three-Phase

Market Segment by Application

Residential

Commercial

Key Regions split in this report:

United States

China

European Union

Rest of World (Japan, Korea, India and Southeast Asia)

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The study objectives are:

To analyze and research the String Inverters status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.

To present the key String Inverters manufacturers, presenting the sales, revenue, market share, and recent development for key players.

To split the breakdown data by regions, type, companies and applications

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends, drivers, influence factors in global and regions

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

In this study, the years considered to estimate the market size of String Inverters are as follows:

History Year: 2013-2018

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

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