[2022-2031] String Inverter Market Size, Share, Growth and Trends | The Business Research Company

The global string inverter market size is expected to grow from $3.37 billion in 2021 to $3.67 billion in 2022 at a compound annual growth rate (CAGR) of 9.08%. The global string inverter market size is expected to grow to $5.04 billion in 2026 at a compound annual growth rate (CAGR) of 8.22%.

The Business Research Company offers the String Inverter Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

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The string inverter market consists of sales of string inverters by entities (organizations, sole traders, and partnerships) that refer to a device that converts the energy generated by solar arrays (Direct Current) into useable power for a residence (Alternating Current). A solar array is a group of several solar panels that work together to generate power. A string inverter is a stand-alone box with inputs for connecting "strings" of solar panels into a single unit. Six to ten separate solar panels are usually linked together in a string-like sequence, with the end hooked into the central inverter.

Some key String Inverter market players are Chint Group Co. Ltd., Delta, Sputnik Engineering, Growatt New Energy, Siemens, Ginlong Technologies Co., SMA Solar Technology, Fronius International, KACO New Energy GmbH, Samil Power Co. Ltd., FIMER SpA, SolarMax, Hitachi Hi-Rel Power Electronics, TMEIC, and Sineng Electric Co.

The countries covered in the global String Inverter market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global String Inverter market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

String Inverter Market Segmentation:
1) By Connection Type: On-Grid, Off-Grid
2) By Nominal Output Voltage: = 230 V, 230 - 400 V, 400 - 600 V, > 600 V
3) By Power Rating: Up to 10 kW, 11 kW - 40 kw, 41 kW - 80 kW, Above 80 kW
4) By End Use Industry: Residential, Commercial and Industrial, Utilities

See more on the report at https://www.thebusinessresearchcompany.com/report/string-inverter-global-market-report

The Report's Table Of Contents includes
1. Executive Summary
2. String Inverter Market Characteristics
3. String Inverter Market Trends And Strategies
4. Impact Of COVID-19 On String Inverter
5. String Inverter Market Size And Growth
....
26. Africa String Inverter Market
27. String Inverter Market Competitive Landscape And Company Profiles
28. String Inverter Pipeline Analysis
29. Key Mergers And Acquisitions In The String Inverter Market
30. String Inverter Market Future Outlook and Potential Analysis
31. Appendix

This report covers the trends and market dynamics of the String Inverter market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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