| Product Code: ETC10699278 | Publication Date: Apr 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The India on-grid string inverter market import shipment demonstrated a consistent upward trend from 2020 to 2024 with a notable CAGR of 11.0%. The growth rate between 2023 and 2024 accelerated significantly by 19.7%, indicating a robust expansion in the market during that period. Overall, the market showed strong momentum and expansion over the years.
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 India On-Grid String Inverter Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India On-Grid String Inverter Market Revenues & Volume, 2021 & 2031F |
3.3 India On-Grid String Inverter Market - Industry Life Cycle |
3.4 India On-Grid String Inverter Market - Porter's Five Forces |
3.5 India On-Grid String Inverter Market Revenues & Volume Share, By Inverter Type, 2021 & 2031F |
3.6 India On-Grid String Inverter Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 India On-Grid String Inverter Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India On-Grid String Inverter Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.9 India On-Grid String Inverter Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
4 India On-Grid String Inverter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives and policies promoting renewable energy adoption in India |
4.2.2 Increasing investments in solar energy projects in the country |
4.2.3 Growing awareness about the benefits of on-grid string inverters in terms of efficiency and reliability |
4.3 Market Restraints |
4.3.1 High initial installation costs of on-grid string inverters |
4.3.2 Limited availability of skilled professionals for installation and maintenance of on-grid string inverters |
4.3.3 Intense competition from off-grid solutions and other renewable energy technologies |
5 India On-Grid String Inverter Market Trends |
6 India On-Grid String Inverter Market, By Types |
6.1 India On-Grid String Inverter Market, By Inverter Type |
6.1.1 Overview and Analysis |
6.1.2 India On-Grid String Inverter Market Revenues & Volume, By Inverter Type, 2021 - 2031F |
6.1.3 India On-Grid String Inverter Market Revenues & Volume, By Centralized, 2021 - 2031F |
6.1.4 India On-Grid String Inverter Market Revenues & Volume, By Decentralized, 2021 - 2031F |
6.1.5 India On-Grid String Inverter Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.2 India On-Grid String Inverter Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 India On-Grid String Inverter Market Revenues & Volume, By Solar, 2021 - 2031F |
6.2.3 India On-Grid String Inverter Market Revenues & Volume, By Micro-grid, 2021 - 2031F |
6.2.4 India On-Grid String Inverter Market Revenues & Volume, By Off-grid, 2021 - 2031F |
6.3 India On-Grid String Inverter Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India On-Grid String Inverter Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 India On-Grid String Inverter Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 India On-Grid String Inverter Market Revenues & Volume, By Utility-Scale, 2021 - 2031F |
6.4 India On-Grid String Inverter Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 India On-Grid String Inverter Market Revenues & Volume, By Retail, 2021 - 2031F |
6.4.3 India On-Grid String Inverter Market Revenues & Volume, By OEM, 2021 - 2031F |
6.4.4 India On-Grid String Inverter Market Revenues & Volume, By Wholesale, 2021 - 2031F |
6.5 India On-Grid String Inverter Market, By Distribution |
6.5.1 Overview and Analysis |
6.5.2 India On-Grid String Inverter Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.5.3 India On-Grid String Inverter Market Revenues & Volume, By Online Stores, 2021 - 2031F |
6.5.4 India On-Grid String Inverter Market Revenues & Volume, By E-commerce, 2021 - 2031F |
7 India On-Grid String Inverter Market Import-Export Trade Statistics |
7.1 India On-Grid String Inverter Market Export to Major Countries |
7.2 India On-Grid String Inverter Market Imports from Major Countries |
8 India On-Grid String Inverter Market Key Performance Indicators |
8.1 Average installation time for on-grid string inverters |
8.2 Percentage of solar energy capacity added using on-grid string inverters |
8.3 Levelized cost of electricity for projects using on-grid string inverters |
9 India On-Grid String Inverter Market - Opportunity Assessment |
9.1 India On-Grid String Inverter Market Opportunity Assessment, By Inverter Type, 2021 & 2031F |
9.2 India On-Grid String Inverter Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 India On-Grid String Inverter Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India On-Grid String Inverter Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.5 India On-Grid String Inverter Market Opportunity Assessment, By Distribution, 2021 & 2031F |
10 India On-Grid String Inverter Market - Competitive Landscape |
10.1 India On-Grid String Inverter Market Revenue Share, By Companies, 2024 |
10.2 India 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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