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On Grid String Inverter Market By Phase (Single Phase, Three Phase), By End-Use Industry (Industrial, Commercial, Residential, Utilities): Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 300 Pages
  • March 2023
  • Region: Global
  • Allied Market Research
  • ID: 5835673
Description Jump to:
The global on grid string inverter market was valued at $1.9 billion in 2021, and is projected to reach $3.7 billion by 2031, growing at a CAGR of 6.9% from 2022 to 2031.

On-grid string inverters are electronic devices that are used to convert the DC (direct current) electricity generated by solar panels into AC (alternating current) electricity that can be fed into the power grid. They are typically used in large-scale solar power plants, commercial buildings, and other industrial applications where the generated electricity is intended to be used on the grid.

On-grid string inverters work by grouping together multiple solar panels into strings, which are then connected to the inverter. The inverter then converts the DC power from the strings into AC power that can be fed into the grid. These inverters are called "on-grid" because they are designed to be connected to the grid, allowing the generated electricity to be sold back to the utility company or used to power the local grid.

On-grid string inverters have several advantages over other types of inverters. For one, they are more efficient than other types of inverters, which means they can generate more electricity from the same amount of sunlight. They are also more reliable and require less maintenance, which can reduce operating costs for solar power plants and commercial applications.

Possible uses for on-grid string inverters include large-scale solar power plants, commercial buildings, and other industrial applications where a significant amount of electricity is needed to power operations. They are also used in residential solar power systems, where excess electricity can be sold back to the grid. On-grid string inverters are particularly useful in areas with high solar irradiance, where the sun's energy can be harnessed to generate large amounts of electricity.

The on-grid string inverter market is expected to witness notable growth during the forecast period, owing to increase in demand for renewable energy with rise in price of fossil fuels, growing popularity of distributed energy systems, and ease of installation. Moreover, government initiatives & investment on electrification of remote and rural area using solar energy and increase in use of string inverters for utility-scale solar plants is expected to provide lucrative opportunities for the growth of the on-grid string inverter market during the forecast period. On the contrary, competition from other renewable energy sources is the restraint for on grid string inverter market growth during the forecast period.

The on-grid string inverter market is segmented on the basis of phase, end user industry and region. On the basis of phase, the market is divided into single phase and three phase. On the basis of end user industry, the market is segregated into industrial, commercial, residential, and utilities.

Region-wise, the on-grid string inverter market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Asia-Pacific holds a dominant position in 2021 and would continue to maintain the lead for on-grid string inverter market.

The key players that operate in the market include ABB, Chint Group, Delta Electronics, Inc., Fronius International GmbH, Ginlong Technologies, Huawei Technologies Co., Ltd., KACO new energy, Schneider Electric, SMA Solar Technology ag, SolarEdge Technologies, and Sungrow Power Supply Co., Ltd.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the on grid string inverter market analysis from 2021 to 2031 to identify the prevailing on grid string inverter market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the on grid string inverter market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global on grid string inverter market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Phase

  • Single Phase
  • Three Phase
By End-Use Industry
  • Industrial
  • Commercial
  • Residential
  • Utilities

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Fronius International GmbH
  • SMA Solar Technology ag
  • Sungrow Power Supply Co., Ltd
  • ABB
  • Ginlong Technologies
  • Chint Group
  • SolarEdge Technologies
  • Huawei Technologies Co., Ltd.
  • Schneider Electric
  • Delta Electronics, Inc.
  • KACO new energy

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increase in demand for renewable energy with rise in price of fossil fuels.
3.4.1.2. Growing popularity of distributed energy systems.
3.4.1.3. Ease of installation.
3.4.2. Restraints
3.4.2.1. Competition from other renewable energy sources.
3.4.3. Opportunities
3.4.3.1. Government initiatives & investment on electrification of remote and rural area using solar energy.
3.4.3.2. Increase in use of string inverters for utility-scale solar plants.
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: ON GRID STRING INVERTER MARKET, BY PHASE
4.1. Overview
4.1.1. Market size and forecast
4.2. Single Phase
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Three Phase
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
CHAPTER 5: ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY
5.1. Overview
5.1.1. Market size and forecast
5.2. Industrial
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Commercial
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Residential
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
5.5. Utilities
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis by country
CHAPTER 6: ON GRID STRING INVERTER MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast By Region
6.2. North America
6.2.1. Key trends and opportunities
6.2.2. Market size and forecast, by Phase
6.2.3. Market size and forecast, by End-Use Industry
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Key market trends, growth factors and opportunities
6.2.4.1.2. Market size and forecast, by Phase
6.2.4.1.3. Market size and forecast, by End-Use Industry
6.2.4.2. Canada
6.2.4.2.1. Key market trends, growth factors and opportunities
6.2.4.2.2. Market size and forecast, by Phase
6.2.4.2.3. Market size and forecast, by End-Use Industry
6.2.4.3. Mexico
6.2.4.3.1. Key market trends, growth factors and opportunities
6.2.4.3.2. Market size and forecast, by Phase
6.2.4.3.3. Market size and forecast, by End-Use Industry
6.3. Europe
6.3.1. Key trends and opportunities
6.3.2. Market size and forecast, by Phase
6.3.3. Market size and forecast, by End-Use Industry
6.3.4. Market size and forecast, by country
6.3.4.1. UK
6.3.4.1.1. Key market trends, growth factors and opportunities
6.3.4.1.2. Market size and forecast, by Phase
6.3.4.1.3. Market size and forecast, by End-Use Industry
6.3.4.2. Germany
6.3.4.2.1. Key market trends, growth factors and opportunities
6.3.4.2.2. Market size and forecast, by Phase
6.3.4.2.3. Market size and forecast, by End-Use Industry
6.3.4.3. France
6.3.4.3.1. Key market trends, growth factors and opportunities
6.3.4.3.2. Market size and forecast, by Phase
6.3.4.3.3. Market size and forecast, by End-Use Industry
6.3.4.4. Spain
6.3.4.4.1. Key market trends, growth factors and opportunities
6.3.4.4.2. Market size and forecast, by Phase
6.3.4.4.3. Market size and forecast, by End-Use Industry
6.3.4.5. Italy
6.3.4.5.1. Key market trends, growth factors and opportunities
6.3.4.5.2. Market size and forecast, by Phase
6.3.4.5.3. Market size and forecast, by End-Use Industry
6.3.4.6. Rest of Europe
6.3.4.6.1. Key market trends, growth factors and opportunities
6.3.4.6.2. Market size and forecast, by Phase
6.3.4.6.3. Market size and forecast, by End-Use Industry
6.4. Asia-Pacific
6.4.1. Key trends and opportunities
6.4.2. Market size and forecast, by Phase
6.4.3. Market size and forecast, by End-Use Industry
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Key market trends, growth factors and opportunities
6.4.4.1.2. Market size and forecast, by Phase
6.4.4.1.3. Market size and forecast, by End-Use Industry
6.4.4.2. Japan
6.4.4.2.1. Key market trends, growth factors and opportunities
6.4.4.2.2. Market size and forecast, by Phase
6.4.4.2.3. Market size and forecast, by End-Use Industry
6.4.4.3. India
6.4.4.3.1. Key market trends, growth factors and opportunities
6.4.4.3.2. Market size and forecast, by Phase
6.4.4.3.3. Market size and forecast, by End-Use Industry
6.4.4.4. South Korea
6.4.4.4.1. Key market trends, growth factors and opportunities
6.4.4.4.2. Market size and forecast, by Phase
6.4.4.4.3. Market size and forecast, by End-Use Industry
6.4.4.5. Rest of Asia-Pacific
6.4.4.5.1. Key market trends, growth factors and opportunities
6.4.4.5.2. Market size and forecast, by Phase
6.4.4.5.3. Market size and forecast, by End-Use Industry
6.5. LAMEA
6.5.1. Key trends and opportunities
6.5.2. Market size and forecast, by Phase
6.5.3. Market size and forecast, by End-Use Industry
6.5.4. Market size and forecast, by country
6.5.4.1. Latin America
6.5.4.1.1. Key market trends, growth factors and opportunities
6.5.4.1.2. Market size and forecast, by Phase
6.5.4.1.3. Market size and forecast, by End-Use Industry
6.5.4.2. Middle East
6.5.4.2.1. Key market trends, growth factors and opportunities
6.5.4.2.2. Market size and forecast, by Phase
6.5.4.2.3. Market size and forecast, by End-Use Industry
6.5.4.3. Africa
6.5.4.3.1. Key market trends, growth factors and opportunities
6.5.4.3.2. Market size and forecast, by Phase
6.5.4.3.3. Market size and forecast, by End-Use Industry
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021
CHAPTER 8: COMPANY PROFILES
8.1. ABB
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.1.6. Business performance
8.2. Chint Group
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.3. Delta Electronics, Inc.
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.3.6. Business performance
8.3.7. Key strategic moves and developments
8.4. Fronius International GmbH
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.4.6. Key strategic moves and developments
8.5. Ginlong Technologies
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.5.6. Key strategic moves and developments
8.6. Huawei Technologies Co., Ltd.
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.6.6. Business performance
8.6.7. Key strategic moves and developments
8.7. KACO new energy
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.7.6. Business performance
8.7.7. Key strategic moves and developments
8.8. Schneider Electric
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.8.6. Business performance
8.8.7. Key strategic moves and developments
8.9. SMA Solar Technology ag
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.9.6. Business performance
8.9.7. Key strategic moves and developments
8.10. SolarEdge Technologies
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
8.10.6. Business performance
8.10.7. Key strategic moves and developments
8.11. Sungrow Power Supply Co., Ltd
8.11.1. Company overview
8.11.2. Key Executives
8.11.3. Company snapshot
8.11.4. Operating business segments
8.11.5. Product portfolio
8.11.6. Business performance
8.11.7. Key strategic moves and developments
List of Tables
TABLE 01. GLOBAL ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 02. ON GRID STRING INVERTER MARKET FOR SINGLE PHASE, BY REGION, 2021-2031 ($MILLION)
TABLE 03. ON GRID STRING INVERTER MARKET FOR THREE PHASE, BY REGION, 2021-2031 ($MILLION)
TABLE 04. GLOBAL ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 05. ON GRID STRING INVERTER MARKET FOR INDUSTRIAL, BY REGION, 2021-2031 ($MILLION)
TABLE 06. ON GRID STRING INVERTER MARKET FOR COMMERCIAL, BY REGION, 2021-2031 ($MILLION)
TABLE 07. ON GRID STRING INVERTER MARKET FOR RESIDENTIAL, BY REGION, 2021-2031 ($MILLION)
TABLE 08. ON GRID STRING INVERTER MARKET FOR UTILITIES, BY REGION, 2021-2031 ($MILLION)
TABLE 09. ON GRID STRING INVERTER MARKET, BY REGION, 2021-2031 ($MILLION)
TABLE 10. NORTH AMERICA ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 11. NORTH AMERICA ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 12. NORTH AMERICA ON GRID STRING INVERTER MARKET, BY COUNTRY, 2021-2031 ($MILLION)
TABLE 13. U.S. ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 14. U.S. ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 15. CANADA ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 16. CANADA ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 17. MEXICO ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 18. MEXICO ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 19. EUROPE ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 20. EUROPE ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 21. EUROPE ON GRID STRING INVERTER MARKET, BY COUNTRY, 2021-2031 ($MILLION)
TABLE 22. UK ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 23. UK ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 24. GERMANY ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 25. GERMANY ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 26. FRANCE ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 27. FRANCE ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 28. SPAIN ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 29. SPAIN ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 30. ITALY ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 31. ITALY ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 32. REST OF EUROPE ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 33. REST OF EUROPE ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 34. ASIA-PACIFIC ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 35. ASIA-PACIFIC ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 36. ASIA-PACIFIC ON GRID STRING INVERTER MARKET, BY COUNTRY, 2021-2031 ($MILLION)
TABLE 37. CHINA ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 38. CHINA ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 39. JAPAN ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 40. JAPAN ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 41. INDIA ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 42. INDIA ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 43. SOUTH KOREA ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 44. SOUTH KOREA ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 45. REST OF ASIA-PACIFIC ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 46. REST OF ASIA-PACIFIC ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 47. LAMEA ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 48. LAMEA ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 49. LAMEA ON GRID STRING INVERTER MARKET, BY COUNTRY, 2021-2031 ($MILLION)
TABLE 50. LATIN AMERICA ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 51. LATIN AMERICA ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 52. MIDDLE EAST ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 53. MIDDLE EAST ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 54. AFRICA ON GRID STRING INVERTER MARKET, BY PHASE, 2021-2031 ($MILLION)
TABLE 55. AFRICA ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021-2031 ($MILLION)
TABLE 56. ABB: KEY EXECUTIVES
TABLE 57. ABB: COMPANY SNAPSHOT
TABLE 58. ABB: PRODUCT SEGMENTS
TABLE 59. ABB: PRODUCT PORTFOLIO
TABLE 60. CHINT GROUP: KEY EXECUTIVES
TABLE 61. CHINT GROUP: COMPANY SNAPSHOT
TABLE 62. CHINT GROUP: PRODUCT SEGMENTS
TABLE 63. CHINT GROUP: PRODUCT PORTFOLIO
TABLE 64. DELTA ELECTRONICS, INC.: KEY EXECUTIVES
TABLE 65. DELTA ELECTRONICS, INC.: COMPANY SNAPSHOT
TABLE 66. DELTA ELECTRONICS, INC.: SERVICE SEGMENTS
TABLE 67. DELTA ELECTRONICS, INC.: PRODUCT PORTFOLIO
TABLE 68. DELTA ELECTRONICS, INC.: KEY STRATEGIES
TABLE 69. FRONIUS INTERNATIONAL GMBH: KEY EXECUTIVES
TABLE 70. FRONIUS INTERNATIONAL GMBH: COMPANY SNAPSHOT
TABLE 71. FRONIUS INTERNATIONAL GMBH: PRODUCT SEGMENTS
TABLE 72. FRONIUS INTERNATIONAL GMBH: PRODUCT PORTFOLIO
TABLE 73. FRONIUS INTERNATIONAL GMBH: KEY STRATEGIES
TABLE 74. GINLONG TECHNOLOGIES: KEY EXECUTIVES
TABLE 75. GINLONG TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 76. GINLONG TECHNOLOGIES: PRODUCT SEGMENTS
TABLE 77. GINLONG TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 78. GINLONG TECHNOLOGIES: KEY STRATEGIES
TABLE 79. HUAWEI TECHNOLOGIES CO., LTD.: KEY EXECUTIVES
TABLE 80. HUAWEI TECHNOLOGIES CO., LTD.: COMPANY SNAPSHOT
TABLE 81. HUAWEI TECHNOLOGIES CO., LTD.: SERVICE SEGMENTS
TABLE 82. HUAWEI TECHNOLOGIES CO., LTD.: PRODUCT PORTFOLIO
TABLE 83. HUAWEI TECHNOLOGIES CO., LTD.: KEY STRATEGIES
TABLE 84. KACO NEW ENERGY: KEY EXECUTIVES
TABLE 85. KACO NEW ENERGY: COMPANY SNAPSHOT
TABLE 86. KACO NEW ENERGY: PRODUCT SEGMENTS
TABLE 87. KACO NEW ENERGY: PRODUCT PORTFOLIO
TABLE 88. KACO NEW ENERGY: KEY STRATEGIES
TABLE 89. SCHNEIDER ELECTRIC: KEY EXECUTIVES
TABLE 90. SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
TABLE 91. SCHNEIDER ELECTRIC: SERVICE SEGMENTS
TABLE 92. SCHNEIDER ELECTRIC: PRODUCT PORTFOLIO
TABLE 93. SCHNEIDER ELECTRIC: KEY STRATEGIES
TABLE 94. SMA SOLAR TECHNOLOGY AG: KEY EXECUTIVES
TABLE 95. SMA SOLAR TECHNOLOGY AG: COMPANY SNAPSHOT
TABLE 96. SMA SOLAR TECHNOLOGY AG: SERVICE SEGMENTS
TABLE 97. SMA SOLAR TECHNOLOGY AG: PRODUCT PORTFOLIO
TABLE 98. SMA SOLAR TECHNOLOGY AG: KEY STRATEGIES
TABLE 99. SOLAREDGE TECHNOLOGIES: KEY EXECUTIVES
TABLE 100. SOLAREDGE TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 101. SOLAREDGE TECHNOLOGIES: SERVICE SEGMENTS
TABLE 102. SOLAREDGE TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 103. SOLAREDGE TECHNOLOGIES: KEY STRATEGIES
TABLE 104. SUNGROW POWER SUPPLY CO., LTD: KEY EXECUTIVES
TABLE 105. SUNGROW POWER SUPPLY CO., LTD: COMPANY SNAPSHOT
TABLE 106. SUNGROW POWER SUPPLY CO., LTD: PRODUCT SEGMENTS
TABLE 107. SUNGROW POWER SUPPLY CO., LTD: PRODUCT PORTFOLIO
TABLE 108. SUNGROW POWER SUPPLY CO., LTD: KEY STRATEGIES
List of Figures
FIGURE 01. ON GRID STRING INVERTER MARKET, 2021-2031
FIGURE 02. SEGMENTATION OF ON GRID STRING INVERTER MARKET, 2021-2031
FIGURE 03. TOP INVESTMENT POCKETS IN ON GRID STRING INVERTER MARKET (2022-2031)
FIGURE 04. LOW BARGAINING POWER OF SUPPLIERS
FIGURE 05. LOW BARGAINING POWER OF BUYERS
FIGURE 06. LOW THREAT OF SUBSTITUTES
FIGURE 07. LOW THREAT OF NEW ENTRANTS
FIGURE 08. LOW INTENSITY OF RIVALRY
FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: GLOBALON GRID STRING INVERTER MARKET
FIGURE 10. ON GRID STRING INVERTER MARKET, BY PHASE, 2021(%)
FIGURE 11. COMPARATIVE SHARE ANALYSIS OF ON GRID STRING INVERTER MARKET FOR SINGLE PHASE, BY COUNTRY 2021 AND 2031(%)
FIGURE 12. COMPARATIVE SHARE ANALYSIS OF ON GRID STRING INVERTER MARKET FOR THREE PHASE, BY COUNTRY 2021 AND 2031(%)
FIGURE 13. ON GRID STRING INVERTER MARKET, BY END-USE INDUSTRY, 2021(%)
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF ON GRID STRING INVERTER MARKET FOR INDUSTRIAL, BY COUNTRY 2021 AND 2031(%)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF ON GRID STRING INVERTER MARKET FOR COMMERCIAL, BY COUNTRY 2021 AND 2031(%)
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF ON GRID STRING INVERTER MARKET FOR RESIDENTIAL, BY COUNTRY 2021 AND 2031(%)
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF ON GRID STRING INVERTER MARKET FOR UTILITIES, BY COUNTRY 2021 AND 2031(%)
FIGURE 18. ON GRID STRING INVERTER MARKET BY REGION, 2021
FIGURE 19. U.S. ON GRID STRING INVERTER MARKET, 2021-2031 ($MILLION)
FIGURE 20. CANADA ON GRID STRING INVERTER MARKET, 2021-2031 ($MILLION)
FIGURE 21. MEXICO ON GRID STRING INVERTER MARKET, 2021-2031 ($MILLION)
FIGURE 22. UK ON GRID STRING INVERTER MARKET, 2021-2031 ($MILLION)
FIGURE 23. GERMANY ON GRID STRING INVERTER MARKET, 2021-2031 ($MILLION)
FIGURE 24. FRANCE ON GRID STRING INVERTER MARKET, 2021-2031 ($MILLION)
FIGURE 25. SPAIN ON GRID STRING INVERTER MARKET, 2021-2031 ($MILLION)
FIGURE 26. ITALY ON GRID STRING INVERTER MARKET, 2021-2031 ($MILLION)
FIGURE 27. REST OF EUROPE ON GRID STRING INVERTER MARKET, 2021-2031 ($MILLION)
FIGURE 28. CHINA ON GRID STRING INVERTER MARKET, 2021-2031 ($MILLION)
FIGURE 29. JAPAN ON GRID STRING INVERTER MARKET, 2021-2031 ($MILLION)
FIGURE 30. INDIA ON GRID STRING INVERTER MARKET, 2021-2031 ($MILLION)
FIGURE 31. SOUTH KOREA ON GRID STRING INVERTER MARKET, 2021-2031 ($MILLION)
FIGURE 32. REST OF ASIA-PACIFIC ON GRID STRING INVERTER MARKET, 2021-2031 ($MILLION)
FIGURE 33. LATIN AMERICA ON GRID STRING INVERTER MARKET, 2021-2031 ($MILLION)
FIGURE 34. MIDDLE EAST ON GRID STRING INVERTER MARKET, 2021-2031 ($MILLION)
FIGURE 35. AFRICA ON GRID STRING INVERTER MARKET, 2021-2031 ($MILLION)
FIGURE 36. TOP WINNING STRATEGIES, BY YEAR
FIGURE 37. TOP WINNING STRATEGIES, BY DEVELOPMENT
FIGURE 38. TOP WINNING STRATEGIES, BY COMPANY
FIGURE 39. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 40. COMPETITIVE DASHBOARD
FIGURE 41. COMPETITIVE HEATMAP: ON GRID STRING INVERTER MARKET
FIGURE 42. TOP PLAYER POSITIONING, 2021
FIGURE 43. ABB: NET REVENUE, 2019-2021 ($MILLION)
FIGURE 44. ABB: RESEARCH & DEVELOPMENT EXPENDITURE, 2019-2021
FIGURE 45. ABB: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 46. ABB: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 47. DELTA ELECTRONICS, INC.: NET REVENUE, 2019-2021 ($MILLION)
FIGURE 48. DELTA ELECTRONICS, INC.: RESEARCH & DEVELOPMENT EXPENDITURE, 2019-2021 ($MILLION)
FIGURE 49. DELTA ELECTRONICS, INC.: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 50. DELTA ELECTRONICS, INC.: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 51. HUAWEI TECHNOLOGIES CO., LTD.: NET REVENUE, 2019-2021 ($MILLION)
FIGURE 52. HUAWEI TECHNOLOGIES CO., LTD.: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 53. HUAWEI TECHNOLOGIES CO., LTD.: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 54. KACO NEW ENERGY: NET REVENUE, 2020-2022 ($MILLION)
FIGURE 55. KACO NEW ENERGY: RESEARCH & DEVELOPMENT EXPENDITURE, 2020-2022 ($MILLION)
FIGURE 56. KACO NEW ENERGY: REVENUE SHARE BY SEGMENT, 2022 (%)
FIGURE 57. KACO NEW ENERGY: REVENUE SHARE BY REGION, 2022 (%)
FIGURE 58. SCHNEIDER ELECTRIC: NET REVENUE, 2020-2022 ($MILLION)
FIGURE 59. SCHNEIDER ELECTRIC: REVENUE SHARE BY SEGMENT, 2022 (%)
FIGURE 60. SCHNEIDER ELECTRIC: REVENUE SHARE BY REGION, 2022 (%)
FIGURE 61. SMA SOLAR TECHNOLOGY AG: NET REVENUE, 2019-2021 ($MILLION)
FIGURE 62. SMA SOLAR TECHNOLOGY AG: RESEARCH & DEVELOPMENT EXPENDITURE, 2019-2021
FIGURE 63. SMA SOLAR TECHNOLOGY AG: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 64. SMA SOLAR TECHNOLOGY AG: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 65. SOLAREDGE TECHNOLOGIES: NET REVENUE, 2019-2021 ($MILLION)
FIGURE 66. SOLAREDGE TECHNOLOGIES: RESEARCH & DEVELOPMENT EXPENDITURE, 2019-2021 ($MILLION)
FIGURE 67. SOLAREDGE TECHNOLOGIES: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 68. SOLAREDGE TECHNOLOGIES: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 69. SUNGROW POWER SUPPLY CO., LTD: NET REVENUE, 2019-2021 ($MILLION)
FIGURE 70. SUNGROW POWER SUPPLY CO., LTD: RESEARCH & DEVELOPMENT EXPENDITURE, 2019-2021
FIGURE 71. SUNGROW POWER SUPPLY CO., LTD: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 72. SUNGROW POWER SUPPLY CO., LTD: REVENUE SHARE BY SEGMENT, 2021 (%)

Companies Mentioned

  • Fronius International GmbH
  • SMA Solar Technology ag
  • Sungrow Power Supply Co., Ltd
  • ABB
  • Ginlong Technologies
  • Chint Group
  • SolarEdge Technologies
  • Huawei Technologies Co., Ltd.
  • Schneider Electric
  • Delta Electronics, Inc.
  • KACO new energy

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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