Global Micro Inverter Market Research Report 2024(Status and Outlook)

Global Micro Inverter Market Research Report 2024(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 Global Micro Inverter Market Size was estimated at USD 2862.86 million in 2023 and is projected to reach USD 5325.86 million by 2029, exhibiting a CAGR of 10.90% during the forecast period.

This 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)

Residential

Commercial

Geographic SegmentationNorth 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
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
    • Customization of the Report

      In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

      Note: this report may need to undergo a final check or review and this could take about 48 hours.

      Chapter Outline

      Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

      Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Micro Inverter Market and its likely evolution in the short to mid-term, and long term.

      Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

      Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

      Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

      Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

      Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

      Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

      Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

      Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

      Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

      Chapter 12 is the main points and conclusions of the report.

  • 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 (2019-2030)
    2.1.2 Global Micro Inverter Sales Estimates and Forecasts (2019-2030)
    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 (2019-2024)
    3.2 Global Micro Inverter Revenue Market Share by Manufacturers (2019-2024)
    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 (2019-2024)
    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 (2019-2024)
    6.3 Global Micro Inverter Market Size Market Share by Type (2019-2024)
    6.4 Global Micro Inverter Price by Type (2019-2024)
    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 (2019-2024)
    7.3 Global Micro Inverter Market Size (M USD) by Application (2019-2024)
    7.4 Global Micro Inverter Sales Growth Rate by Application (2019-2024)
    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 Micro Inverter SWOT Analysis
    9.3.5 SunPower Business Overview
    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 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 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 PandP Energy Technology
    9.9.1 PandP Energy Technology Micro Inverter Basic Information
    9.9.2 PandP Energy Technology Micro Inverter Product Overview
    9.9.3 PandP Energy Technology Micro Inverter Product Market Performance
    9.9.4 PandP Energy Technology Business Overview
    9.9.5 PandP 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 (2025-2030)
    11.1 Global Micro Inverter Market Forecast by Type (2025-2030)
    11.1.1 Global Forecasted Sales of Micro Inverter by Type (2025-2030)
    11.1.2 Global Micro Inverter Market Size Forecast by Type (2025-2030)
    11.1.3 Global Forecasted Price of Micro Inverter by Type (2025-2030)
    11.2 Global Micro Inverter Market Forecast by Application (2025-2030)
    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 (2025-2030)
    12 Conclusion and Key Findings

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