Global Photovoltaic Microinverter Market Growth 2023-2029

Global Photovoltaic Microinverter Market Growth 2023-2029

The global Photovoltaic Microinverter market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Photovoltaic Microinverter is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Photovoltaic Microinverter is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Photovoltaic Microinverter is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Photovoltaic Microinverter players cover Enphase Energy, SMA Solar Technology, SolarEdge Technologies, NEP, SolarBridge, Sparq Systems, Fimer SpA, Chilicon Power and Apsystems, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Photovoltaic microinverters are small devices installed on solar panels that convert the DC output of a photovoltaic (PV) panel into AC. These inverters use maximum power point tracking (MPPT) to get maximum power from the PV array.

LPI (LP Information)' newest research report, the “Photovoltaic Microinverter Industry Forecast” looks at past sales and reviews total world Photovoltaic Microinverter sales in 2022, providing a comprehensive analysis by region and market sector of projected Photovoltaic Microinverter sales for 2023 through 2029. With Photovoltaic Microinverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Photovoltaic Microinverter industry.

This Insight Report provides a comprehensive analysis of the global Photovoltaic Microinverter 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 Photovoltaic Microinverter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Photovoltaic Microinverter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Photovoltaic Microinverter 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 Photovoltaic Microinverter.

This report presents a comprehensive overview, market shares, and growth opportunities of Photovoltaic Microinverter market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Single Phase
Three Phase

Segmentation by application
BIPV
BAPV
Others

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 analyzing the company's coverage, product portfolio, its market penetration.
Enphase Energy
SMA Solar Technology
SolarEdge Technologies
NEP
SolarBridge
Sparq Systems
Fimer SpA
Chilicon Power
Apsystems
Renesola
Leadsolar
Hoymiles
Deye
Yuneng Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Photovoltaic Microinverter market?

What factors are driving Photovoltaic Microinverter market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Photovoltaic Microinverter market opportunities vary by end market size?

How does Photovoltaic Microinverter break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.