Solar Microinverters Market

Solar 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.
Solar Microinverters Market aims to provide a comprehensive presentation of the global market for Solar Microinverters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar Microinverters. Solar Microinverters Market contains market size and forecasts of Solar Microinverters in global, including the following market information:
Global Solar Microinverters Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Solar Microinverters Market Sales, 2018-2023, 2024-2030, (K Units)
Global top five Solar Microinverters companies in 2022 (%)
The global Solar Microinverters market was valued at US$ 2158.5 million in 2022 and is projected to reach US$ 7371.2 million by 2029, at a CAGR of 19.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The residential segment accounted for the major share of the solar power inverter market during 2017. The dominance of this segment is due to the increased demand and sales volume. Our analysts predicted that this segment will continue to lead the market and account for the largest share by 2025.
We surveyed the Solar Microinverters manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Solar Microinverters Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Solar Microinverters Market Segment Percentages, by Type, 2022 (%)
Grid-Connected Solar Microinverter
Grid-Off Solar Microinverter
Global Solar Microinverters Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Solar Microinverters Market Segment Percentages, by Application, 2022 (%)
Residential
Non-residential
Global Solar Microinverters Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Solar Microinverters Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Solar Microinverters revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Solar Microinverters revenues share in global market, 2022 (%)
Key companies Solar Microinverters sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Solar Microinverters sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
SMA Solar Technology
SolarEdge Technologies
Chilicon Power
Enphase Energy
Renesola
Outline of Major Chapters:
Chapter 1: Introduces the definition of Solar Microinverters, market overview.
Chapter 2: Global Solar Microinverters market size in revenue and volume.
Chapter 3: Detailed analysis of Solar Microinverters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by 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 6: Sales of Solar Microinverters in regional level and country level. It 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Solar Microinverters capacity by region & country.
Chapter 9: Introduces the market dynamics, 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.