Global Micro Inverter Market Research Report 2023(Status and Outlook)
Report Overview
Micro inverter is an emerging solar inverter technology used to convert direct current (DC) electricity generated by solar panels into alternating current (AC) electricity.
The presence of key market players in the U.S. and rising micro inverter installation activities, primarily in residential sector, have fueled the market growth.
The Global Micro Inverter Market Size was estimated at USD 2493.00 million in 2022 and is projected to reach USD 5143.31 million by 2029, exhibiting a CAGR of 10.90% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Micro Inverter market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Micro Inverter Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Micro Inverter market in any manner.
Global Micro Inverter Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Enphase Energy
ABB Group
SunPower
SMA Solar Technology
Delta Energy Systems
SolarEdge Technologies
ReneSola
Siemens
P&P Energy Technology
Involar
Alencon Systems
Delta Energy
Altenergy Power
Ampt
Array Power
Chilicon Power
i-Energy
KACO New Energy
Petra Systems
Solantro
Sparq Systems
Tigo Energy
Market Segmentation (by Type)
Single-phase
Three-phase
Market Segmentation (by Application)
Military field
Civil domain
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Micro Inverter Market
Overview of the regional outlook of the Micro Inverter Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Micro Inverter
- 1.2 Key Market Segments
- 1.2.1 Micro Inverter Segment by Type
- 1.2.2 Micro Inverter Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Micro Inverter Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Micro Inverter Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Micro Inverter Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Micro Inverter Market Competitive Landscape
- 3.1 Global Micro Inverter Sales by Manufacturers (2018-2023)
- 3.2 Global Micro Inverter Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Micro Inverter Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Micro Inverter Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Micro Inverter Sales Sites, Area Served, Product Type
- 3.6 Micro Inverter Market Competitive Situation and Trends
- 3.6.1 Micro Inverter Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Micro Inverter Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Micro Inverter Industry Chain Analysis
- 4.1 Micro Inverter Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Micro Inverter Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Micro Inverter Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Micro Inverter Sales Market Share by Type (2018-2023)
- 6.3 Global Micro Inverter Market Size Market Share by Type (2018-2023)
- 6.4 Global Micro Inverter Price by Type (2018-2023)
- 7 Micro Inverter Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Micro Inverter Market Sales by Application (2018-2023)
- 7.3 Global Micro Inverter Market Size (M USD) by Application (2018-2023)
- 7.4 Global Micro Inverter Sales Growth Rate by Application (2018-2023)
- 8 Micro Inverter Market Segmentation by Region
- 8.1 Global Micro Inverter Sales by Region
- 8.1.1 Global Micro Inverter Sales by Region
- 8.1.2 Global Micro Inverter Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Micro Inverter Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Micro Inverter Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Micro Inverter Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Micro Inverter Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Micro Inverter Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 Enphase Energy
- 9.1.1 Enphase Energy Micro Inverter Basic Information
- 9.1.2 Enphase Energy Micro Inverter Product Overview
- 9.1.3 Enphase Energy Micro Inverter Product Market Performance
- 9.1.4 Enphase Energy Business Overview
- 9.1.5 Enphase Energy Micro Inverter SWOT Analysis
- 9.1.6 Enphase Energy Recent Developments
- 9.2 ABB Group
- 9.2.1 ABB Group Micro Inverter Basic Information
- 9.2.2 ABB Group Micro Inverter Product Overview
- 9.2.3 ABB Group Micro Inverter Product Market Performance
- 9.2.4 ABB Group Business Overview
- 9.2.5 ABB Group Micro Inverter SWOT Analysis
- 9.2.6 ABB Group Recent Developments
- 9.3 SunPower
- 9.3.1 SunPower Micro Inverter Basic Information
- 9.3.2 SunPower Micro Inverter Product Overview
- 9.3.3 SunPower Micro Inverter Product Market Performance
- 9.3.4 SunPower Business Overview
- 9.3.5 SunPower Micro Inverter SWOT Analysis
- 9.3.6 SunPower Recent Developments
- 9.4 SMA Solar Technology
- 9.4.1 SMA Solar Technology Micro Inverter Basic Information
- 9.4.2 SMA Solar Technology Micro Inverter Product Overview
- 9.4.3 SMA Solar Technology Micro Inverter Product Market Performance
- 9.4.4 SMA Solar Technology Business Overview
- 9.4.5 SMA Solar Technology Micro Inverter SWOT Analysis
- 9.4.6 SMA Solar Technology Recent Developments
- 9.5 Delta Energy Systems
- 9.5.1 Delta Energy Systems Micro Inverter Basic Information
- 9.5.2 Delta Energy Systems Micro Inverter Product Overview
- 9.5.3 Delta Energy Systems Micro Inverter Product Market Performance
- 9.5.4 Delta Energy Systems Business Overview
- 9.5.5 Delta Energy Systems Micro Inverter SWOT Analysis
- 9.5.6 Delta Energy Systems Recent Developments
- 9.6 SolarEdge Technologies
- 9.6.1 SolarEdge Technologies Micro Inverter Basic Information
- 9.6.2 SolarEdge Technologies Micro Inverter Product Overview
- 9.6.3 SolarEdge Technologies Micro Inverter Product Market Performance
- 9.6.4 SolarEdge Technologies Business Overview
- 9.6.5 SolarEdge Technologies Recent Developments
- 9.7 ReneSola
- 9.7.1 ReneSola Micro Inverter Basic Information
- 9.7.2 ReneSola Micro Inverter Product Overview
- 9.7.3 ReneSola Micro Inverter Product Market Performance
- 9.7.4 ReneSola Business Overview
- 9.7.5 ReneSola Recent Developments
- 9.8 Siemens
- 9.8.1 Siemens Micro Inverter Basic Information
- 9.8.2 Siemens Micro Inverter Product Overview
- 9.8.3 Siemens Micro Inverter Product Market Performance
- 9.8.4 Siemens Business Overview
- 9.8.5 Siemens Recent Developments
- 9.9 Pandamp;P Energy Technology
- 9.9.1 Pandamp;P Energy Technology Micro Inverter Basic Information
- 9.9.2 Pandamp;P Energy Technology Micro Inverter Product Overview
- 9.9.3 Pandamp;P Energy Technology Micro Inverter Product Market Performance
- 9.9.4 Pandamp;P Energy Technology Business Overview
- 9.9.5 Pandamp;P Energy Technology Recent Developments
- 9.10 Involar
- 9.10.1 Involar Micro Inverter Basic Information
- 9.10.2 Involar Micro Inverter Product Overview
- 9.10.3 Involar Micro Inverter Product Market Performance
- 9.10.4 Involar Business Overview
- 9.10.5 Involar Recent Developments
- 9.11 Alencon Systems
- 9.11.1 Alencon Systems Micro Inverter Basic Information
- 9.11.2 Alencon Systems Micro Inverter Product Overview
- 9.11.3 Alencon Systems Micro Inverter Product Market Performance
- 9.11.4 Alencon Systems Business Overview
- 9.11.5 Alencon Systems Recent Developments
- 9.12 Delta Energy
- 9.12.1 Delta Energy Micro Inverter Basic Information
- 9.12.2 Delta Energy Micro Inverter Product Overview
- 9.12.3 Delta Energy Micro Inverter Product Market Performance
- 9.12.4 Delta Energy Business Overview
- 9.12.5 Delta Energy Recent Developments
- 9.13 Altenergy Power
- 9.13.1 Altenergy Power Micro Inverter Basic Information
- 9.13.2 Altenergy Power Micro Inverter Product Overview
- 9.13.3 Altenergy Power Micro Inverter Product Market Performance
- 9.13.4 Altenergy Power Business Overview
- 9.13.5 Altenergy Power Recent Developments
- 9.14 Ampt
- 9.14.1 Ampt Micro Inverter Basic Information
- 9.14.2 Ampt Micro Inverter Product Overview
- 9.14.3 Ampt Micro Inverter Product Market Performance
- 9.14.4 Ampt Business Overview
- 9.14.5 Ampt Recent Developments
- 9.15 Array Power
- 9.15.1 Array Power Micro Inverter Basic Information
- 9.15.2 Array Power Micro Inverter Product Overview
- 9.15.3 Array Power Micro Inverter Product Market Performance
- 9.15.4 Array Power Business Overview
- 9.15.5 Array Power Recent Developments
- 9.16 Chilicon Power
- 9.16.1 Chilicon Power Micro Inverter Basic Information
- 9.16.2 Chilicon Power Micro Inverter Product Overview
- 9.16.3 Chilicon Power Micro Inverter Product Market Performance
- 9.16.4 Chilicon Power Business Overview
- 9.16.5 Chilicon Power Recent Developments
- 9.17 i-Energy
- 9.17.1 i-Energy Micro Inverter Basic Information
- 9.17.2 i-Energy Micro Inverter Product Overview
- 9.17.3 i-Energy Micro Inverter Product Market Performance
- 9.17.4 i-Energy Business Overview
- 9.17.5 i-Energy Recent Developments
- 9.18 KACO New Energy
- 9.18.1 KACO New Energy Micro Inverter Basic Information
- 9.18.2 KACO New Energy Micro Inverter Product Overview
- 9.18.3 KACO New Energy Micro Inverter Product Market Performance
- 9.18.4 KACO New Energy Business Overview
- 9.18.5 KACO New Energy Recent Developments
- 9.19 Petra Systems
- 9.19.1 Petra Systems Micro Inverter Basic Information
- 9.19.2 Petra Systems Micro Inverter Product Overview
- 9.19.3 Petra Systems Micro Inverter Product Market Performance
- 9.19.4 Petra Systems Business Overview
- 9.19.5 Petra Systems Recent Developments
- 9.20 Solantro
- 9.20.1 Solantro Micro Inverter Basic Information
- 9.20.2 Solantro Micro Inverter Product Overview
- 9.20.3 Solantro Micro Inverter Product Market Performance
- 9.20.4 Solantro Business Overview
- 9.20.5 Solantro Recent Developments
- 9.21 Sparq Systems
- 9.21.1 Sparq Systems Micro Inverter Basic Information
- 9.21.2 Sparq Systems Micro Inverter Product Overview
- 9.21.3 Sparq Systems Micro Inverter Product Market Performance
- 9.21.4 Sparq Systems Business Overview
- 9.21.5 Sparq Systems Recent Developments
- 9.22 Tigo Energy
- 9.22.1 Tigo Energy Micro Inverter Basic Information
- 9.22.2 Tigo Energy Micro Inverter Product Overview
- 9.22.3 Tigo Energy Micro Inverter Product Market Performance
- 9.22.4 Tigo Energy Business Overview
- 9.22.5 Tigo Energy Recent Developments
- 10 Micro Inverter Market Forecast by Region
- 10.1 Global Micro Inverter Market Size Forecast
- 10.2 Global Micro Inverter Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Micro Inverter Market Size Forecast by Country
- 10.2.3 Asia Pacific Micro Inverter Market Size Forecast by Region
- 10.2.4 South America Micro Inverter Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Micro Inverter by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Micro Inverter Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Micro Inverter by Type (2024-2029)
- 11.1.2 Global Micro Inverter Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Micro Inverter by Type (2024-2029)
- 11.2 Global Micro Inverter Market Forecast by Application (2024-2029)
- 11.2.1 Global Micro Inverter Sales (K Units) Forecast by Application
- 11.2.2 Global Micro Inverter Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
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