| Product Code: ETC4522120 | Publication Date: Jul 2023 | Updated Date: Feb 2026 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In 2024, Saudi Arabia`s string inverter market saw a steady increase in imports. The country`s demand for string inverters remained strong, with a noticeable shift towards higher-capacity models. This import trend reflected the growing adoption of solar energy solutions in the region.

String inverters are devices used in solar power systems to convert direct current (DC) from solar panels into alternating current (AC). In Saudi Arabia, this market focuses on the manufacturing and adoption of string inverters for solar energy applications.
The string inverter market is expanding as Saudi Arabia adopts string inverters for solar power systems. String inverters convert direct current (DC) from solar panels into alternating current (AC) for use in homes and businesses. With the expansion of solar energy capacity and the focus on solar power generation, the demand for string inverters is witnessing growth.
The string inverter market in Saudi Arabia faces challenges in terms of improving the efficiency and durability of string inverters, as well as addressing grid compatibility and voltage regulation issues.
The string inverter market experienced fluctuations during the COVID-19 pandemic, with disruptions in solar power installations and distributed energy projects. Recovery is linked to the resurgence of solar energy projects and the demand for efficient and reliable string inverters.
Major players in the Saudi Arabia string inverter market include SolarEdge Technologies, Inc., SMA Solar Technology AG, and Fronius International GmbH, offering string inverter solutions.
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 Saudi Arabia String Inverter Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia String Inverter Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia String Inverter Market - Industry Life Cycle |
3.4 Saudi Arabia String Inverter Market - Porter's Five Forces |
3.5 Saudi Arabia String Inverter Market Revenues & Volume Share, By Phase, 2021 & 2031F |
3.6 Saudi Arabia String Inverter Market Revenues & Volume Share, By System Type, 2021 & 2031F |
3.7 Saudi Arabia String Inverter Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
4 Saudi Arabia String Inverter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government support and initiatives towards renewable energy projects in Saudi Arabia. |
4.2.2 Growing investments in solar energy infrastructure. |
4.2.3 Rising awareness about the benefits of string inverters in solar power systems. |
4.3 Market Restraints |
4.3.1 High initial installation costs associated with string inverters. |
4.3.2 Limited availability of skilled professionals for installation and maintenance. |
4.3.3 Fluctuating raw material prices impacting manufacturing costs. |
5 Saudi Arabia String Inverter Market Trends |
6 Saudi Arabia String Inverter Market, By Types |
6.1 Saudi Arabia String Inverter Market, By Phase |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia String Inverter Market Revenues & Volume, By Phase, 2021-2031F |
6.1.3 Saudi Arabia String Inverter Market Revenues & Volume, By Single , 2021-2031F |
6.1.4 Saudi Arabia String Inverter Market Revenues & Volume, By Three, 2021-2031F |
6.2 Saudi Arabia String Inverter Market, By System Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia String Inverter Market Revenues & Volume, By On-Grid , 2021-2031F |
6.2.3 Saudi Arabia String Inverter Market Revenues & Volume, By Off-Grid, 2021-2031F |
6.3 Saudi Arabia String Inverter Market, By Power Rating |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia String Inverter Market Revenues & Volume, By Up to 10kw, 2021-2031F |
6.3.3 Saudi Arabia String Inverter Market Revenues & Volume, By 11kw??40kw, 2021-2031F |
6.3.4 Saudi Arabia String Inverter Market Revenues & Volume, By 41kw??80kw, 2021-2031F |
6.3.5 Saudi Arabia String Inverter Market Revenues & Volume, By Above 80kw, 2021-2031F |
7 Saudi Arabia String Inverter Market Import-Export Trade Statistics |
7.1 Saudi Arabia String Inverter Market Export to Major Countries |
7.2 Saudi Arabia String Inverter Market Imports from Major Countries |
8 Saudi Arabia String Inverter Market Key Performance Indicators |
8.1 Average installation time for string inverters. |
8.2 Percentage of solar power projects using string inverters. |
8.3 Average efficiency of string inverters in Saudi Arabian conditions. |
9 Saudi Arabia String Inverter Market - Opportunity Assessment |
9.1 Saudi Arabia String Inverter Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.2 Saudi Arabia String Inverter Market Opportunity Assessment, By System Type, 2021 & 2031F |
9.3 Saudi Arabia String Inverter Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
10 Saudi Arabia String Inverter Market - Competitive Landscape |
10.1 Saudi Arabia String Inverter Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia 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.
To discover high-growth global markets and optimize your business strategy:
Click Here