| Product Code: ETC5760023 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The New Zealand string inverter import market in 2024 continued to see significant contributions from key exporting countries such as China, Thailand, Switzerland, Vietnam, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. With a strong compound annual growth rate (CAGR) of 15.95% from 2020 to 2024 and a notable growth rate of 14.35% from 2023 to 2024, the market is showing resilience and potential for further expansion in the coming years.

String inverters play a critical role in New Zealand solar energy infrastructure, converting DC power generated by photovoltaic panels into usable AC power for residential, commercial, and utility-scale applications. With a focus on efficiency, reliability, and grid integration, string inverter manufacturers compete to meet evolving industry standards and customer requirements.
The transition towards renewable energy sources boosts the string inverter market. These inverters are essential for solar power systems, driving demand as solar installations increase.
The structural core materials market faces challenges related to material innovation and supply chain management. Manufacturers must develop lightweight, high-strength core materials that meet stringent performance requirements while also considering factors such as cost-effectiveness and environmental sustainability. Additionally, supply chain disruptions can impact production schedules and project timelines.
The New Zealand string inverter market operates within regulatory frameworks established by government agencies such as the Electricity Authority and the Ministry of Business, Innovation and Employment (MBIE). These regulations may include technical standards, safety requirements, and certification processes to ensure the reliability and performance of string inverters used in renewable energy systems.
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 New Zealand String Inverter Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand String Inverter Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand String Inverter Market - Industry Life Cycle |
3.4 New Zealand String Inverter Market - Porter's Five Forces |
3.5 New Zealand String Inverter Market Revenues & Volume Share, By Phase, 2021 & 2031F |
3.6 New Zealand String Inverter Market Revenues & Volume Share, By System Type, 2021 & 2031F |
3.7 New Zealand String Inverter Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
4 New Zealand String Inverter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of solar energy in New Zealand |
4.2.2 Government incentives and policies promoting renewable energy sources |
4.2.3 Growing awareness about the benefits of string inverters |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with string inverters |
4.3.2 Intense competition among key market players |
4.3.3 Fluctuating raw material prices affecting manufacturing costs |
5 New Zealand String Inverter Market Trends |
6 New Zealand String Inverter Market Segmentations |
6.1 New Zealand String Inverter Market, By Phase |
6.1.1 Overview and Analysis |
6.1.2 New Zealand String Inverter Market Revenues & Volume, By Single , 2021-2031F |
6.1.3 New Zealand String Inverter Market Revenues & Volume, By Three, 2021-2031F |
6.2 New Zealand String Inverter Market, By System Type |
6.2.1 Overview and Analysis |
6.2.2 New Zealand String Inverter Market Revenues & Volume, By On-Grid , 2021-2031F |
6.2.3 New Zealand String Inverter Market Revenues & Volume, By Off-Grid, 2021-2031F |
6.3 New Zealand String Inverter Market, By Power Rating |
6.3.1 Overview and Analysis |
6.3.2 New Zealand String Inverter Market Revenues & Volume, By Up to 10kw, 2021-2031F |
6.3.3 New Zealand String Inverter Market Revenues & Volume, By 11kw? ??40kw, 2021-2031F |
6.3.4 New Zealand String Inverter Market Revenues & Volume, By 41kw? ??80kw, 2021-2031F |
6.3.5 New Zealand String Inverter Market Revenues & Volume, By Above 80kw, 2021-2031F |
7 New Zealand String Inverter Market Import-Export Trade Statistics |
7.1 New Zealand String Inverter Market Export to Major Countries |
7.2 New Zealand String Inverter Market Imports from Major Countries |
8 New Zealand String Inverter Market Key Performance Indicators |
8.1 Average installation time for string inverters |
8.2 Number of new solar installations using string inverters |
8.3 Rate of technological advancements in string inverter efficiency and performance |
9 New Zealand String Inverter Market - Opportunity Assessment |
9.1 New Zealand String Inverter Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.2 New Zealand String Inverter Market Opportunity Assessment, By System Type, 2021 & 2031F |
9.3 New Zealand String Inverter Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
10 New Zealand String Inverter Market - Competitive Landscape |
10.1 New Zealand String Inverter Market Revenue Share, By Companies, 2024 |
10.2 New Zealand String Inverter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |