| Product Code: ETC10699269 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
China on-grid string inverter import shipments in 2024 saw a significant increase in concentration, with the Herfindahl-Hirschman Index (HHI) indicating very high concentration compared to the previous year. The top exporting countries to China in this sector were China, Japan, Germany, Spain, and Sweden. The Compound Annual Growth Rate (CAGR) for on-grid string inverter imports from 2020 to 2024 stood at a healthy 12.37%, with a growth rate of 2.72% specifically from 2023 to 2024. This data suggests a strong and growing market for on-grid string inverters in China, with key players dominating the import landscape.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China On-Grid String Inverter Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China On-Grid String Inverter Market Revenues & Volume, 2021 & 2031F |
3.3 China On-Grid String Inverter Market - Industry Life Cycle |
3.4 China On-Grid String Inverter Market - Porter's Five Forces |
3.5 China On-Grid String Inverter Market Revenues & Volume Share, By Inverter Type, 2021 & 2031F |
3.6 China On-Grid String Inverter Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 China On-Grid String Inverter Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 China On-Grid String Inverter Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.9 China On-Grid String Inverter Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
4 China On-Grid String Inverter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Favorable government policies and incentives supporting the adoption of renewable energy sources like solar power. |
4.2.2 Increasing investments in solar energy projects in China. |
4.2.3 Growing environmental concerns leading to a shift towards clean energy solutions. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, impacting the manufacturing cost of on-grid string inverters. |
4.3.2 Intense competition among market players leading to price wars and margin pressures. |
5 China On-Grid String Inverter Market Trends |
6 China On-Grid String Inverter Market, By Types |
6.1 China On-Grid String Inverter Market, By Inverter Type |
6.1.1 Overview and Analysis |
6.1.2 China On-Grid String Inverter Market Revenues & Volume, By Inverter Type, 2021 - 2031F |
6.1.3 China On-Grid String Inverter Market Revenues & Volume, By Centralized, 2021 - 2031F |
6.1.4 China On-Grid String Inverter Market Revenues & Volume, By Decentralized, 2021 - 2031F |
6.1.5 China On-Grid String Inverter Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.2 China On-Grid String Inverter Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 China On-Grid String Inverter Market Revenues & Volume, By Solar, 2021 - 2031F |
6.2.3 China On-Grid String Inverter Market Revenues & Volume, By Micro-grid, 2021 - 2031F |
6.2.4 China On-Grid String Inverter Market Revenues & Volume, By Off-grid, 2021 - 2031F |
6.3 China On-Grid String Inverter Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 China On-Grid String Inverter Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 China On-Grid String Inverter Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 China On-Grid String Inverter Market Revenues & Volume, By Utility-Scale, 2021 - 2031F |
6.4 China On-Grid String Inverter Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 China On-Grid String Inverter Market Revenues & Volume, By Retail, 2021 - 2031F |
6.4.3 China On-Grid String Inverter Market Revenues & Volume, By OEM, 2021 - 2031F |
6.4.4 China On-Grid String Inverter Market Revenues & Volume, By Wholesale, 2021 - 2031F |
6.5 China On-Grid String Inverter Market, By Distribution |
6.5.1 Overview and Analysis |
6.5.2 China On-Grid String Inverter Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.5.3 China On-Grid String Inverter Market Revenues & Volume, By Online Stores, 2021 - 2031F |
6.5.4 China On-Grid String Inverter Market Revenues & Volume, By E-commerce, 2021 - 2031F |
7 China On-Grid String Inverter Market Import-Export Trade Statistics |
7.1 China On-Grid String Inverter Market Export to Major Countries |
7.2 China On-Grid String Inverter Market Imports from Major Countries |
8 China On-Grid String Inverter Market Key Performance Indicators |
8.1 Average installation capacity of on-grid string inverters in China. |
8.2 Percentage of solar energy contribution to the overall energy mix in China. |
8.3 Rate of adoption of on-grid string inverters in residential, commercial, and industrial sectors. |
8.4 Efficiency improvement rate of on-grid string inverters over time. |
8.5 Number of new entrants or exits in the China on-grid string inverter market. |
9 China On-Grid String Inverter Market - Opportunity Assessment |
9.1 China On-Grid String Inverter Market Opportunity Assessment, By Inverter Type, 2021 & 2031F |
9.2 China On-Grid String Inverter Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 China On-Grid String Inverter Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 China On-Grid String Inverter Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.5 China On-Grid String Inverter Market Opportunity Assessment, By Distribution, 2021 & 2031F |
10 China On-Grid String Inverter Market - Competitive Landscape |
10.1 China On-Grid String Inverter Market Revenue Share, By Companies, 2024 |
10.2 China On-Grid String Inverter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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