Global On-Grid String Inverter Market (2025-2031) | Forecast, Competition, Consumer Insights, Industry, Restraints, Segmentation, Investment Trends, Size, Drivers, Demand, Pricing Analysis, Share, Revenue, Value, Companies, Analysis, Competitive, Challenges, Strategic Insights, Segments, Opportunities, Outlook, Growth, Strategy, Trends, Supply

Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Inverter Type (Centralized, Decentralized, Hybrid), By Technology (Solar, Micro-grid, Off-grid), By Application (Residential, Commercial, Utility-Scale), By End Use (Retail, OEM, Wholesale), By Distribution (Direct Sales, Online Stores, E-commerce) And Competitive Landscape
Product Code: ETC13363050 Publication Date: Apr 2025 Updated Date: Jul 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Summon Dutta No. of Pages: 190 No. of Figures: 80 No. of Tables: 40

Global On-Grid String Inverter Market Size & Growth Rate

According to 6Wresearch internal database and industry insights, the Global On-Grid String Inverter Market was valued at USD 1.93 Billion in 2024 and is expected to reach USD 3.84 Billion by 2031, growing at a compound annual growth rate of 6.30% during the forecast period (2025-2031).

Global On-Grid String Inverter Market Overview

The Global On-Grid String Inverter Market is experiencing significant growth driven by the increasing adoption of solar energy worldwide. String inverters are preferred for their cost-effectiveness and efficiency in converting DC power from solar panels to AC power for use in commercial and residential applications. The market is characterized by key players such as SMA Solar Technology AG, Huawei Technologies Co., Ltd., and ABB Ltd., who are investing in technological advancements to improve the performance and reliability of string inverters. Government initiatives promoting renewable energy sources, along with the declining prices of solar panels, are further fueling market growth. Asia Pacific is expected to dominate the market due to the rising demand for solar installations in countries like China and India.

Global On-Grid String Inverter Market Trends and Opportunities

The Global On-Grid String Inverter Market is experiencing significant growth driven by the increasing demand for renewable energy sources, particularly solar power. The key trends in this market include technological advancements such as the integration of smart features for monitoring and optimization, as well as the development of more efficient and reliable inverters. Additionally, the push towards decentralized energy generation and the rising adoption of solar PV systems in residential, commercial, and industrial sectors are fueling market expansion. Opportunities in this market lie in the growing investments in solar energy infrastructure, favorable government policies supporting renewable energy deployment, and the rising awareness about the environmental benefits of solar power. As the market continues to evolve, manufacturers are focusing on enhancing product efficiency, reliability, and cost-effectiveness to capitalize on the increasing demand for on-grid string inverters.

Global On-Grid String Inverter Market Challenges

The Global On-Grid String Inverter Market faces several challenges, including intense competition among key players leading to pricing pressures, technological advancements driving the need for constant innovation, and regulatory uncertainties impacting market growth. Additionally, the increasing focus on energy storage solutions and microgrid systems poses a threat to the traditional on-grid string inverter market. The volatility in raw material prices, supply chain disruptions, and geopolitical factors also contribute to the challenges faced by manufacturers and suppliers in this market. Overall, navigating these challenges requires companies to adapt quickly to changing market dynamics, invest in research and development, and establish strong partnerships to stay competitive in the evolving on-grid string inverter industry.

Global On-Grid String Inverter Market Drivers

The Global On-Grid String Inverter Market is primarily being driven by the increasing adoption of renewable energy sources, especially solar power, to reduce carbon emissions and combat climate change. String inverters are preferred for on-grid solar installations due to their cost-effectiveness, scalability, and efficiency in converting DC power from solar panels into AC power for grid connection. Additionally, government incentives and subsidies for solar energy projects, along with the declining prices of solar panels and inverters, are further fueling the market growth. The rising awareness about the importance of sustainable energy solutions and the growing demand for reliable and uninterrupted power supply are also significant factors propelling the expansion of the on-grid string inverter market globally.

Global On-Grid String Inverter Market Government Policy

Government policies related to the Global On-Grid String Inverter Market vary by country and region. In general, many governments are implementing renewable energy policies and incentives to promote the adoption of solar power, which drives the demand for on-grid string inverters. These policies include feed-in tariffs, tax credits, net metering programs, and renewable portfolio standards. Additionally, some governments have set targets for increasing the share of renewable energy in their energy mix, creating a favorable regulatory environment for on-grid string inverter manufacturers. However, there may be challenges such as fluctuations in government support and regulatory uncertainty, impacting market growth and investment decisions in the on-grid string inverter sector. Overall, government policies play a crucial role in shaping the market landscape for on-grid string inverters globally.

Global On-Grid String Inverter Market Future Outlook

The Global On-Grid String Inverter Market is expected to witness significant growth in the coming years due to the increasing adoption of solar energy and the growing focus on renewable sources of power generation. String inverters are preferred for their cost-effectiveness, efficiency, and scalability, making them a popular choice for residential, commercial, and utility-scale solar installations. Technological advancements such as enhanced monitoring capabilities, better efficiency levels, and improved grid integration are further driving market growth. The market is also benefiting from supportive government policies and incentives promoting solar energy deployment. With the rising environmental concerns and the need for sustainable energy solutions, the on-grid string inverter market is poised for continued expansion globally.

Global On-Grid String Inverter Market Regional Insights

The global on-grid string inverter market is experiencing significant growth across all regions, with Asia leading the market due to the increasing adoption of solar energy in countries like China and India. North America is also a key market, driven by government incentives and the growing focus on renewable energy sources. In Europe, stringent regulations promoting clean energy solutions are propelling the demand for on-grid string inverters. The Middle East and Africa region is witnessing a gradual shift towards solar energy to diversify their energy mix, creating opportunities for market growth. In Latin America, countries like Brazil and Mexico are investing in solar power projects, boosting the demand for on-grid string inverters. Overall, the market is poised for continued expansion globally, driven by the increasing awareness of the benefits of solar energy and the push towards sustainability.

Key Highlights of the Report:

  • Global On-Grid String Inverter Market Outlook
  • Market Size of Global On-Grid String Inverter Market, 2024
  • Forecast of Global On-Grid String Inverter Market, 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Revenues & Volume for the Period 2021 - 2031
  • Global On-Grid String Inverter Market Trend Evolution
  • Global On-Grid String Inverter Market Drivers and Challenges
  • Global On-Grid String Inverter Price Trends
  • Global On-Grid String Inverter Porter's Five Forces
  • Global On-Grid String Inverter Industry Life Cycle
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By Inverter Type for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By Centralized for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By Decentralized for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By Hybrid for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By Technology for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By Solar for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By Micro-grid for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By Off-grid for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By Residential for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By Commercial for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By Utility-Scale for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By End Use for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By Retail for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By OEM for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By Wholesale for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By Distribution for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By Direct Sales for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By Online Stores for the Period 2021 - 2031
  • Historical Data and Forecast of Global On-Grid String Inverter Market Revenues & Volume By E-commerce for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By Inverter Type for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By Centralized for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By Decentralized for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By Hybrid for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By Technology for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By Solar for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By Micro-grid for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By Off-grid for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By Residential for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By Commercial for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By Utility-Scale for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By End Use for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By Retail for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By OEM for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By Wholesale for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By Distribution for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By Direct Sales for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By Online Stores for the Period 2021 - 2031
  • Historical Data and Forecast of North America On-Grid String Inverter Market Revenues & Volume By E-commerce for the Period 2021 - 2031
  • Historical Data and Forecast of United States of America On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Canada On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of North America On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By Inverter Type for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By Centralized for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By Decentralized for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By Hybrid for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By Technology for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By Solar for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By Micro-grid for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By Off-grid for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By Residential for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By Commercial for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By Utility-Scale for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By End Use for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By Retail for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By OEM for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By Wholesale for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By Distribution for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By Direct Sales for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By Online Stores for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume By E-commerce for the Period 2021 - 2031
  • Historical Data and Forecast of Brazil On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Argentina On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of LATAM On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By Inverter Type for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By Centralized for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By Decentralized for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By Hybrid for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By Technology for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By Solar for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By Micro-grid for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By Off-grid for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By Residential for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By Commercial for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By Utility-Scale for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By End Use for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By Retail for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By OEM for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By Wholesale for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By Distribution for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By Direct Sales for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By Online Stores for the Period 2021 - 2031
  • Historical Data and Forecast of Asia On-Grid String Inverter Market Revenues & Volume By E-commerce for the Period 2021 - 2031
  • Historical Data and Forecast of China On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of India On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Japan On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Asia On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By Inverter Type for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By Centralized for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By Decentralized for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By Hybrid for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By Technology for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By Solar for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By Micro-grid for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By Off-grid for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By Residential for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By Commercial for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By Utility-Scale for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By End Use for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By Retail for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By OEM for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By Wholesale for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By Distribution for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By Direct Sales for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By Online Stores for the Period 2021 - 2031
  • Historical Data and Forecast of Africa On-Grid String Inverter Market Revenues & Volume By E-commerce for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Egypt On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Africa On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By Inverter Type for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By Centralized for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By Decentralized for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By Hybrid for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By Technology for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By Solar for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By Micro-grid for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By Off-grid for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By Residential for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By Commercial for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By Utility-Scale for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By End Use for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By Retail for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By OEM for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By Wholesale for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By Distribution for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By Direct Sales for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By Online Stores for the Period 2021 - 2031
  • Historical Data and Forecast of Europe On-Grid String Inverter Market Revenues & Volume By E-commerce for the Period 2021 - 2031
  • Historical Data and Forecast of United Kingdom On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of France On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Germany On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Europe On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By Inverter Type for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By Centralized for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By Decentralized for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By Hybrid for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By Technology for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By Solar for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By Micro-grid for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By Off-grid for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By Residential for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By Commercial for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By Utility-Scale for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By End Use for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By Retail for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By OEM for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By Wholesale for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By Distribution for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By Direct Sales for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By Online Stores for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East On-Grid String Inverter Market Revenues & Volume By E-commerce for the Period 2021 - 2031
  • Historical Data and Forecast of Saudi Arabia On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of UAE On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Turkey On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Middle East On-Grid String Inverter Market Revenues & Volume for the Period 2021 - 2031
  • Global On-Grid String Inverter Market - Key Performance Indicators
  • Global On-Grid String Inverter Market - Import Export Trade Statistics
  • Global On-Grid String Inverter Market - Opportunity Assessment By Countries
  • Global On-Grid String Inverter Market - Opportunity Assessment By Inverter Type
  • Global On-Grid String Inverter Market - Opportunity Assessment By Technology
  • Global On-Grid String Inverter Market - Opportunity Assessment By Application
  • Global On-Grid String Inverter Market - Opportunity Assessment By End Use
  • Global On-Grid String Inverter Market - Opportunity Assessment By Distribution
  • Global On-Grid String Inverter Market - Top Companies Market Share
  • Global On-Grid String Inverter Market - Top Companies Profiles
  • Global On-Grid String Inverter Market - Comparison of Players in Technical and Operating Parameters
  • Global On-Grid String Inverter Market - Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

What is the Global On-Grid String Inverter Market size?
The Global On-Grid String Inverter Market size was valued USD 1.93 Billion in 2024 and is projected to reach USD 3.84 Billion by 2031.
What is the expected growth rate (CAGR) of the Global On-Grid String Inverter Market during the forecast period?
The expected growth rate of the Global On-Grid String Inverter Market is 6.30% during the forecast period.
How does 6Wresearch market report help businesses in making strategic decisions?
6Wresearch actively monitors the Global On-Grid String Inverter Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Global On-Grid String Inverter Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Do you also provide customisation in the market study?
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Global On-Grid String Inverter Market

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 Global On-Grid String Inverter Market Overview

3.1 Global Regional Macro Economic Indicators

3.2 Global On-Grid String Inverter Market Revenues & Volume, 2021 & 2031F

3.3 Global On-Grid String Inverter Market - Industry Life Cycle

3.4 Global On-Grid String Inverter Market - Porter's Five Forces

3.5 Global On-Grid String Inverter Market Revenues & Volume Share, By Regions, 2021 & 2031F

3.6 Global On-Grid String Inverter Market Revenues & Volume Share, By Inverter Type, 2021 & 2031F

3.7 Global On-Grid String Inverter Market Revenues & Volume Share, By Technology, 2021 & 2031F

3.8 Global On-Grid String Inverter Market Revenues & Volume Share, By Application, 2021 & 2031F

3.9 Global On-Grid String Inverter Market Revenues & Volume Share, By End Use, 2021 & 2031F

3.10 Global On-Grid String Inverter Market Revenues & Volume Share, By Distribution, 2021 & 2031F

4 Global On-Grid String Inverter Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Global On-Grid String Inverter Market Trends

6 Global On-Grid String Inverter Market, 2021 - 2031

6.1 Global On-Grid String Inverter Market, Revenues & Volume, By Inverter Type, 2021 - 2031

6.1.1 Overview & Analysis

6.1.2 Global On-Grid String Inverter Market, Revenues & Volume, By Centralized, 2021 - 2031

6.1.3 Global On-Grid String Inverter Market, Revenues & Volume, By Decentralized, 2021 - 2031

6.1.4 Global On-Grid String Inverter Market, Revenues & Volume, By Hybrid, 2021 - 2031

6.2 Global On-Grid String Inverter Market, Revenues & Volume, By Technology, 2021 - 2031

6.2.1 Overview & Analysis

6.2.2 Global On-Grid String Inverter Market, Revenues & Volume, By Solar, 2021 - 2031

6.2.3 Global On-Grid String Inverter Market, Revenues & Volume, By Micro-grid, 2021 - 2031

6.2.4 Global On-Grid String Inverter Market, Revenues & Volume, By Off-grid, 2021 - 2031

6.3 Global On-Grid String Inverter Market, Revenues & Volume, By Application, 2021 - 2031

6.3.1 Overview & Analysis

6.3.2 Global On-Grid String Inverter Market, Revenues & Volume, By Residential, 2021 - 2031

6.3.3 Global On-Grid String Inverter Market, Revenues & Volume, By Commercial, 2021 - 2031

6.3.4 Global On-Grid String Inverter Market, Revenues & Volume, By Utility-Scale, 2021 - 2031

6.4 Global On-Grid String Inverter Market, Revenues & Volume, By End Use, 2021 - 2031

6.4.1 Overview & Analysis

6.4.2 Global On-Grid String Inverter Market, Revenues & Volume, By Retail, 2021 - 2031

6.4.3 Global On-Grid String Inverter Market, Revenues & Volume, By OEM, 2021 - 2031

6.4.4 Global On-Grid String Inverter Market, Revenues & Volume, By Wholesale, 2021 - 2031

6.5 Global On-Grid String Inverter Market, Revenues & Volume, By Distribution, 2021 - 2031

6.5.1 Overview & Analysis

6.5.2 Global On-Grid String Inverter Market, Revenues & Volume, By Direct Sales, 2021 - 2031

6.5.3 Global On-Grid String Inverter Market, Revenues & Volume, By Online Stores, 2021 - 2031

6.5.4 Global On-Grid String Inverter Market, Revenues & Volume, By E-commerce, 2021 - 2031

7 North America On-Grid String Inverter Market, Overview & Analysis

7.1 North America On-Grid String Inverter Market Revenues & Volume, 2021 - 2031

7.2 North America On-Grid String Inverter Market, Revenues & Volume, By Countries, 2021 - 2031

7.2.1 United States (US) On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

7.2.2 Canada On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

7.2.3 Rest of North America On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

7.3 North America On-Grid String Inverter Market, Revenues & Volume, By Inverter Type, 2021 - 2031

7.4 North America On-Grid String Inverter Market, Revenues & Volume, By Technology, 2021 - 2031

7.5 North America On-Grid String Inverter Market, Revenues & Volume, By Application, 2021 - 2031

7.6 North America On-Grid String Inverter Market, Revenues & Volume, By End Use, 2021 - 2031

7.7 North America On-Grid String Inverter Market, Revenues & Volume, By Distribution, 2021 - 2031

8 Latin America (LATAM) On-Grid String Inverter Market, Overview & Analysis

8.1 Latin America (LATAM) On-Grid String Inverter Market Revenues & Volume, 2021 - 2031

8.2 Latin America (LATAM) On-Grid String Inverter Market, Revenues & Volume, By Countries, 2021 - 2031

8.2.1 Brazil On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

8.2.2 Mexico On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

8.2.3 Argentina On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

8.2.4 Rest of LATAM On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

8.3 Latin America (LATAM) On-Grid String Inverter Market, Revenues & Volume, By Inverter Type, 2021 - 2031

8.4 Latin America (LATAM) On-Grid String Inverter Market, Revenues & Volume, By Technology, 2021 - 2031

8.5 Latin America (LATAM) On-Grid String Inverter Market, Revenues & Volume, By Application, 2021 - 2031

8.6 Latin America (LATAM) On-Grid String Inverter Market, Revenues & Volume, By End Use, 2021 - 2031

8.7 Latin America (LATAM) On-Grid String Inverter Market, Revenues & Volume, By Distribution, 2021 - 2031

9 Asia On-Grid String Inverter Market, Overview & Analysis

9.1 Asia On-Grid String Inverter Market Revenues & Volume, 2021 - 2031

9.2 Asia On-Grid String Inverter Market, Revenues & Volume, By Countries, 2021 - 2031

9.2.1 India On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

9.2.2 China On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

9.2.3 Japan On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

9.2.4 Rest of Asia On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

9.3 Asia On-Grid String Inverter Market, Revenues & Volume, By Inverter Type, 2021 - 2031

9.4 Asia On-Grid String Inverter Market, Revenues & Volume, By Technology, 2021 - 2031

9.5 Asia On-Grid String Inverter Market, Revenues & Volume, By Application, 2021 - 2031

9.6 Asia On-Grid String Inverter Market, Revenues & Volume, By End Use, 2021 - 2031

9.7 Asia On-Grid String Inverter Market, Revenues & Volume, By Distribution, 2021 - 2031

10 Africa On-Grid String Inverter Market, Overview & Analysis

10.1 Africa On-Grid String Inverter Market Revenues & Volume, 2021 - 2031

10.2 Africa On-Grid String Inverter Market, Revenues & Volume, By Countries, 2021 - 2031

10.2.1 South Africa On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

10.2.2 Egypt On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

10.2.3 Nigeria On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

10.2.4 Rest of Africa On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

10.3 Africa On-Grid String Inverter Market, Revenues & Volume, By Inverter Type, 2021 - 2031

10.4 Africa On-Grid String Inverter Market, Revenues & Volume, By Technology, 2021 - 2031

10.5 Africa On-Grid String Inverter Market, Revenues & Volume, By Application, 2021 - 2031

10.6 Africa On-Grid String Inverter Market, Revenues & Volume, By End Use, 2021 - 2031

10.7 Africa On-Grid String Inverter Market, Revenues & Volume, By Distribution, 2021 - 2031

11 Europe On-Grid String Inverter Market, Overview & Analysis

11.1 Europe On-Grid String Inverter Market Revenues & Volume, 2021 - 2031

11.2 Europe On-Grid String Inverter Market, Revenues & Volume, By Countries, 2021 - 2031

11.2.1 United Kingdom On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

11.2.2 Germany On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

11.2.3 France On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

11.2.4 Rest of Europe On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

11.3 Europe On-Grid String Inverter Market, Revenues & Volume, By Inverter Type, 2021 - 2031

11.4 Europe On-Grid String Inverter Market, Revenues & Volume, By Technology, 2021 - 2031

11.5 Europe On-Grid String Inverter Market, Revenues & Volume, By Application, 2021 - 2031

11.6 Europe On-Grid String Inverter Market, Revenues & Volume, By End Use, 2021 - 2031

11.7 Europe On-Grid String Inverter Market, Revenues & Volume, By Distribution, 2021 - 2031

12 Middle East On-Grid String Inverter Market, Overview & Analysis

12.1 Middle East On-Grid String Inverter Market Revenues & Volume, 2021 - 2031

12.2 Middle East On-Grid String Inverter Market, Revenues & Volume, By Countries, 2021 - 2031

12.2.1 Saudi Arabia On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

12.2.2 UAE On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

12.2.3 Turkey On-Grid String Inverter Market, Revenues & Volume, 2021 - 2031

12.3 Middle East On-Grid String Inverter Market, Revenues & Volume, By Inverter Type, 2021 - 2031

12.4 Middle East On-Grid String Inverter Market, Revenues & Volume, By Technology, 2021 - 2031

12.5 Middle East On-Grid String Inverter Market, Revenues & Volume, By Application, 2021 - 2031

12.6 Middle East On-Grid String Inverter Market, Revenues & Volume, By End Use, 2021 - 2031

12.7 Middle East On-Grid String Inverter Market, Revenues & Volume, By Distribution, 2021 - 2031

13 Global On-Grid String Inverter Market Key Performance Indicators

14 Global On-Grid String Inverter Market - Export/Import By Countries Assessment

15 Global On-Grid String Inverter Market - Opportunity Assessment

15.1 Global On-Grid String Inverter Market Opportunity Assessment, By Countries, 2021 & 2031F

15.2 Global On-Grid String Inverter Market Opportunity Assessment, By Inverter Type, 2021 & 2031F

15.3 Global On-Grid String Inverter Market Opportunity Assessment, By Technology, 2021 & 2031F

15.4 Global On-Grid String Inverter Market Opportunity Assessment, By Application, 2021 & 2031F

15.5 Global On-Grid String Inverter Market Opportunity Assessment, By End Use, 2021 & 2031F

15.6 Global On-Grid String Inverter Market Opportunity Assessment, By Distribution, 2021 & 2031F

16 Global On-Grid String Inverter Market - Competitive Landscape

16.1 Global On-Grid String Inverter Market Revenue Share, By Companies, 2024

16.2 Global On-Grid String Inverter Market Competitive Benchmarking, By Operating and Technical Parameters

17 Top 10 Company Profiles

18 Recommendations

19 Disclaimer

Export potential assessment - trade Analytics for 2030

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.

To discover high-growth global markets and optimize your business strategy:

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