String Inverters Market Global Outlook and Overview 2019

The String Inverters Market report provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets capacities and on the changing structure of the String Inverters.

The Global String Inverters Market was valued at 2850 million US$ in 2018 and will reach 5310 million US$ by the end of 2025, growing at a CAGR of 8.1% during 2019-2025.

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Top Leading Companies are: Yaskawa, ABB, SMA Solar, Solaredge, Sungrow, Fronius, Solarmax, Delta, Eaton Corp, Chint

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.

Global String Inverters Market Split by Product Type and Applications:

This report segments the global String Inverters market on the basis of Types are:

Single-Phase
Three-Phase

On the basis of Applications, the Global String Inverters market is segmented into:

Residential
Commercial

Asia Pacific region is expected to experience high demand for string inverters over the forecast period. China, India and ASEAN are projected to be the major contributors to the growth of string inverters market in this region. China alone is expected to hold one third share of the total string inverters market in Asia Pacific.

North America and Europe are the mature markets for string inverters and are projected to witness healthy value growth over the forecast period. The U.S., U.K., Germany, France, Italy and Spain are estimated to be the key contributors for market growth. 

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Regional Analysis For String Inverters Market:

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)

This industry study presents the global String Inverters market size, historical breakdown data (2014-2019) and forecast (2019-2025). The String Inverters production, revenue and market share by manufacturers, key regions and type;

The consumption of String Inverters in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders.

Influence of the String Inverters Market Report:

Comprehensive assessment of all opportunities and risk in the String Inverters market.
String Inverters market recent innovations and major events.
Detailed study of business strategies for growth of the String Inverters market-leading players.
Conclusive study about the growth plot of String Inverters market for forthcoming years.
In-depth understanding of String Inverters market-particular drivers, constraints and major micro markets.
Favorable impression inside vital technological and market latest trends striking the String Inverters market.
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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global String Inverters Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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