Global Single Phase Parallel Microinverter Market Growth 2025-2031

The global Single Phase Parallel Microinverter market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Single phase parallel 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.

United States market for Single Phase Parallel Microinverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Single Phase Parallel Microinverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Single Phase Parallel Microinverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Single Phase Parallel Microinverter players cover Enphase Energy, SMA Solar Technology, SolarEdge Technologies, NEP, SolarBridge, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Single Phase Parallel Microinverter Industry Forecast” looks at past sales and reviews total world Single Phase Parallel Microinverter sales in 2024, providing a comprehensive analysis by region and market sector of projected Single Phase Parallel Microinverter sales for 2025 through 2031. With Single Phase Parallel Microinverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Single Phase Parallel Microinverter industry.

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

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

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

Segmentation by Type:
Grid-Connected
Grid-Off

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 analysing 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
Huawei
Deye
Yuneng Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Single Phase Parallel Microinverter market?

What factors are driving Single Phase Parallel Microinverter market growth, globally and by region?

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

How do Single Phase Parallel Microinverter market opportunities vary by end market size?

How does Single Phase Parallel Microinverter break out by Type, by Application?

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