| Product Code: ETC10699282 | 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 | |
Japan's on-grid string inverter import shipments in 2024 were primarily sourced from China, USA, Malaysia, Philippines, and Thailand, reflecting a diverse supplier base. However, the market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). Despite a robust compound annual growth rate (CAGR) of 25.92% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -9.51%. This indicates a potential stabilization or temporary slowdown in the import market for on-grid string inverters in Japan.

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 Japan On-Grid String Inverter Market Overview |
3.1 Japan Country Macro Economic Indicators |
3.2 Japan On-Grid String Inverter Market Revenues & Volume, 2021 & 2031F |
3.3 Japan On-Grid String Inverter Market - Industry Life Cycle |
3.4 Japan On-Grid String Inverter Market - Porter's Five Forces |
3.5 Japan On-Grid String Inverter Market Revenues & Volume Share, By Inverter Type, 2021 & 2031F |
3.6 Japan On-Grid String Inverter Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Japan On-Grid String Inverter Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Japan On-Grid String Inverter Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.9 Japan On-Grid String Inverter Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
4 Japan On-Grid String Inverter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Favorable government policies and incentives promoting the use of renewable energy sources. |
4.2.2 Increasing investments in solar energy projects in Japan. |
4.2.3 Growing awareness about the benefits of on-grid string inverters in terms of efficiency and cost-effectiveness. |
4.3 Market Restraints |
4.3.1 High initial installation costs associated with on-grid string inverters. |
4.3.2 Fluctuations in government regulations and policies impacting the market stability. |
4.3.3 Competition from other renewable energy technologies such as microinverters or power optimizers. |
5 Japan On-Grid String Inverter Market Trends |
6 Japan On-Grid String Inverter Market, By Types |
6.1 Japan On-Grid String Inverter Market, By Inverter Type |
6.1.1 Overview and Analysis |
6.1.2 Japan On-Grid String Inverter Market Revenues & Volume, By Inverter Type, 2021 - 2031F |
6.1.3 Japan On-Grid String Inverter Market Revenues & Volume, By Centralized, 2021 - 2031F |
6.1.4 Japan On-Grid String Inverter Market Revenues & Volume, By Decentralized, 2021 - 2031F |
6.1.5 Japan On-Grid String Inverter Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.2 Japan On-Grid String Inverter Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Japan On-Grid String Inverter Market Revenues & Volume, By Solar, 2021 - 2031F |
6.2.3 Japan On-Grid String Inverter Market Revenues & Volume, By Micro-grid, 2021 - 2031F |
6.2.4 Japan On-Grid String Inverter Market Revenues & Volume, By Off-grid, 2021 - 2031F |
6.3 Japan On-Grid String Inverter Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Japan On-Grid String Inverter Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Japan On-Grid String Inverter Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 Japan On-Grid String Inverter Market Revenues & Volume, By Utility-Scale, 2021 - 2031F |
6.4 Japan On-Grid String Inverter Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Japan On-Grid String Inverter Market Revenues & Volume, By Retail, 2021 - 2031F |
6.4.3 Japan On-Grid String Inverter Market Revenues & Volume, By OEM, 2021 - 2031F |
6.4.4 Japan On-Grid String Inverter Market Revenues & Volume, By Wholesale, 2021 - 2031F |
6.5 Japan On-Grid String Inverter Market, By Distribution |
6.5.1 Overview and Analysis |
6.5.2 Japan On-Grid String Inverter Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.5.3 Japan On-Grid String Inverter Market Revenues & Volume, By Online Stores, 2021 - 2031F |
6.5.4 Japan On-Grid String Inverter Market Revenues & Volume, By E-commerce, 2021 - 2031F |
7 Japan On-Grid String Inverter Market Import-Export Trade Statistics |
7.1 Japan On-Grid String Inverter Market Export to Major Countries |
7.2 Japan On-Grid String Inverter Market Imports from Major Countries |
8 Japan On-Grid String Inverter Market Key Performance Indicators |
8.1 Average system efficiency of on-grid string inverters in Japan. |
8.2 Number of new solar energy projects utilizing on-grid string inverters. |
8.3 Adoption rate of on-grid string inverters in residential, commercial, and industrial sectors. |
9 Japan On-Grid String Inverter Market - Opportunity Assessment |
9.1 Japan On-Grid String Inverter Market Opportunity Assessment, By Inverter Type, 2021 & 2031F |
9.2 Japan On-Grid String Inverter Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Japan On-Grid String Inverter Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Japan On-Grid String Inverter Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.5 Japan On-Grid String Inverter Market Opportunity Assessment, By Distribution, 2021 & 2031F |
10 Japan On-Grid String Inverter Market - Competitive Landscape |
10.1 Japan On-Grid String Inverter Market Revenue Share, By Companies, 2024 |
10.2 Japan 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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