The global Grid-tied String Inverter market size is predicted to grow from US$ 1790 million in 2025 to US$ 2757 million in 2031; it is expected to grow at a CAGR of 7.5% from 2025 to 2031.

A grid-tied string inverter is an electrical device used in photovoltaic (PV) solar power systems to convert the direct current (DC) electricity generated by solar panels into alternating current (AC) electricity for use in buildings or to be fed into the electrical grid. These inverters are a fundamental component of grid-tied solar installations, and they play a key role in optimizing power production and ensuring the integration of solar energy into the grid.

Increased Solar Power Installations: The market for grid-tied string inverters continued to grow in response to the increased deployment of solar power systems in residential, commercial, and utility-scale applications.

Residential Solar: The residential solar market was a significant driver of grid-tied string inverter sales. As more homeowners installed solar systems, the demand for reliable and cost-effective inverters increased.

Commercial and Industrial Installations: Grid-tied string inverters were also commonly used in commercial and industrial solar installations, including rooftop and ground-mounted systems. Businesses sought to reduce energy costs and meet sustainability goals.

String Inverter Advancements: Ongoing research and development efforts focused on improving the efficiency and reliability of string inverters. This included innovations in maximum power point tracking (MPPT) technology and cooling systems.

Integration with Energy Storage: The integration of grid-tied string inverters with energy storage solutions, such as batteries, gained momentum. This allowed for greater energy independence and the ability to store excess solar energy for later use.

Grid Services and Demand Response: Some grid-tied inverters were used to provide grid services, such as frequency regulation and demand response. Solar power systems with grid-tied inverters could support grid stability and reliability.

Infinity Market Research newest research report, the ?Grid-tied String Inverter Industry Forecast? looks at past sales and reviews total world Grid-tied String Inverter sales in 2024, providing a comprehensive analysis by region and market sector of projected Grid-tied String Inverter sales for 2025 through 2031. With Grid-tied String Inverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Grid-tied String Inverter industry.

This Insight Report provides a comprehensive analysis of the global Grid-tied String Inverter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Grid-tied String Inverter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global Grid-tied String Inverter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Grid-tied String Inverter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Grid-tied String Inverter.

This report presents a comprehensive overview, market shares, and growth opportunities of Grid-tied String Inverter market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    3.6-6KW
    30-50KW
    30-50KW
    Others

Segmentation by Application:

    Residential
    Commercial & Industrial
    Utilities

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    SMA Solar Technology
    Solaredge Technologies
    Hitachi Hi-Rel
    Schneider Electric Solar
    ABB
    Sungrow Power Supply
    Fronius
    Solarmax
    Ksolare
    Yaskawa-Solectria Solar
    Ginlong Technologies
    Delta Energy System
    Samil Power
    KACO New Energy
    Chint Power Systems
    Huawei Technologies
    Ningbo Deye Technology
    Austasolar

Key Questions Addressed in this Report

What is the 10-year outlook for the global Grid-tied String Inverter market?
What factors are driving Grid-tied String Inverter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Grid-tied String Inverter market opportunities vary by end market size?
How does Grid-tied String Inverter break out by Type, by Application?