String Inverter Market Insights, Rising Trends and Global Demand 2020 to 2027 Asia-Pacific dominated the global string inverter market with more than 50.0% of the share, in terms of revenue. tusharMay 5, 2021 1 The global string inverter market analysis covers in-depth information of the major industry participants. The key players operating and profiled in the report include SMA Technologies AG, FimerS.p.A., SolarEdge Technologies Ltd., Ginlong Technologies, Siemens AG, Delta Electronics Public Co., Ltd., Chint Group, SolarMax, Growatt New Energy Technology Co., Ltd., and Huawei Technologies Co., Ltd. String inverter is a device used to convert the energy generated from the solar panel i.e. direct current (DC) to alternating current (AC) for residential and other AC applications. Solar inverters are connected to more than one solar panel to optimize the performance of the solar panels at equal level. One string inverter can handle the energy from 5-10 solar panels. Advantages of using string inverter in the solar system are design flexibility, robustness, low cost, remote system monitoring capability, high efficiency, and others. String inverters are cheaper than micro inverter and power optimizer; thereby, are considered feasible and cost-effective solution for end users.