Solar micro inverter market

Solar Micro Inverter Market, By Type (Single Phase and Three Phase), By Offering (Hardware , Software, and Services), By Power Rating (Below 250 W, Between 250 W-500 W, and Above 500 W), By Application (Residential, Commercial, and PV Power Plant), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Apr 2024
  • CMI3655
  • 130 Pages
  • Excel & Pdf
  • Consumer Electronics
N/A

Table of Contents:

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snapshot, By Type
      • Market Snapshot, By Offering
      • Market Snapshot, By Power Rating
      • Market Snapshot, By Application
      • Market Snapshot, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Opportunities
    • Impact Analysis
    • Key Highlights
    • Regulatory Scenario
    • Product Launches/Approvals
    • PEST Analysis
    • PORTER’s Analysis
    • Merger and Acquisition Scenario
  4. Global Solar Micro Inverter Market – Impact of Coronavirus (COVID-19) Pandemic
    • COVID-19 Epidemiology
    • Supply Side and Demand Side Analysis
    • Economic Impact
  5. Global Solar Micro Inverter Market, By Type, 2019-2031, (USD Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019-2031
      • Segment Trends
    • Single Phase
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
    • Three Phase
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
  6. Global Solar Micro Inverter Market, By Offering, 2019-2031, (USD Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019-2031
      • Segment Trends
    • Hardware
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
    • Software
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
    • Services
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
  7. Global Solar Micro Inverter Market, By Power Rating, 2019-2031, (USD Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019-2031
      • Segment Trends
    • Below 250 W
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
    • Between 250 W-500 W
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
    • Above 500 W    
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
  8. Global Solar Micro Inverter Market, By Application, 2019-2031, (USD Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019-2031
      • Segment Trends
    • Residential
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
    • Commercial
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
    • PV Power Plant
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
  9. Global Solar Micro Inverter Market, By Region, 2019-2031, (USD Bn)
    • Introduction
      • Market Share Analysis, By Region, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019-2031
    • North America
      • Regional Trends
      • Market Size and Forecast, By Type, 2019 - 2031 (USD Billion)
      • Market Size and Forecast, By Offering, 2019 - 2031 (USD Billion)
      • Market Size and Forecast, By Power Rating, 2019 - 2031 (USD Billion)
      • Market Size and Forecast, By Application, 2019 - 2031 (USD Billion)
      • Market Share Analysis, By Country, 2024 and 2031 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Type, 2019 - 2031 (USD Billion)
      • Market Size and Forecast, By Offering, 2019 - 2031 (USD Billion)
      • Market Size and Forecast, By Power Rating, 2019 - 2031 (USD Billion)
      • Market Size and Forecast, By Application, 2019 - 2031 (USD Billion)
      • Market Share Analysis, By Country, 2024 and 2031 (%)
        • U.K.
        • Germany
        • France
        • Italy
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Type, 2019 - 2031 (USD Billion)
      • Market Size and Forecast, By Offering, 2019 - 2031 (USD Billion)
      • Market Size and Forecast, By Power Rating, 2019 - 2031 (USD Billion)
      • Market Size and Forecast, By Application, 2019 - 2031 (USD Billion)
      • Market Share Analysis, By Country, 2024 and 2031 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Type, 2019 - 2031 (USD Billion)
      • Market Size and Forecast, By Offering, 2019 - 2031 (USD Billion)
      • Market Size and Forecast, By Power Rating, 2019 - 2031 (USD Billion)
      • Market Size and Forecast, By Application, 2019 - 2031 (USD Billion)
      • Market Share Analysis, By Country, 2024 and 2031 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Regional Trends
      • Market Size and Forecast, By Type, 2019 - 2031 (USD Billion)
      • Market Size and Forecast, By Offering, 2019 - 2031 (USD Billion)
      • Market Size and Forecast, By Power Rating, 2019 - 2031 (USD Billion)
      • Market Size and Forecast, By Application, 2019 - 2031 (USD Billion)
      • Market Share Analysis, By Country/Sub-region, 2024 and 2031 (%)
        • South Africa
        • GCC Countries
        • Rest of the Middle East & Africa
  10. Competitive Landscape
    • Company Profiles
      • Enphase Energy
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • SolarEdge Technologies
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • ABB Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • SMA Solar Technology AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Chilicon Power LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • APsystems
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Solis Energy Solutions Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Delta Electronics Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Ginlong Technologies
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Darfon Electronics Corp.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • SunPower Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Yaskawa - Solectria Solar
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Huawei Technologies Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Altenergy Power System Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • SolaX Power
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Fronius International GmbH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Green Power Technologies
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Growatt New Energy Technology Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Sungrow Power Supply Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Power Electronics
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  11. Analyst Recommendations
    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map
  12. Section:
    • Research Methodology
    • About Us

*Browse 24 market data tables and 28 figures on "Global Solar Micro Inverter Market” - Global forecast to 2031

Detailed Segmentation-

  • By Type
    • Single Phase
    • Three Phase
  • By  Offering
    • Hardware
    • Software
    • Services
  • By Power Rating
    • Below 250 W
    • Between 250 W-500 W
    • Above 500 W
  • By Application
    • Residential
    • Commercial
    • PV Power Plant
  • By Regional
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East
    • Africa
- Frequently Asked Questions -

What will be the CAGR of the solar micro inverter market from 2024 to 2031?

The CAGR of the solar micro inverter market is projected to be 19.7% from 2024 to 2031.

What are the major factors driving the solar micro inverter market growth?

decreasing hardware costs and enhanced monitoring and energy yield are the major factors driving the growth of the solar micro inverter market.

What are the key factors hampering the growth of the solar micro inverter market?

High initial installation cost and requirement of individual micro inverter for each solar panel are the major factors hampering the growth of the solar micro inverter market.

Which is the leading type in the solar micro inverter market in 2024?

In terms of type, single phase is estimated to dominate the market revenue share in 2024.

Which are the major players operating in the solar micro inverter market?

Enphase Energy , SolarEdge Technologies , ABB Ltd. , SMA Solar Technology AG , Chilicon Power LLC , APsystems , Solis Energy Solutions Inc. , Delta Electronics Inc. , Ginlong Technologies , Darfon Electronics Corp. , SunPower Corporation , Yaskawa - Solectria Solar , Huawei Technologies Co., Ltd. , Altenergy Power System Inc. , SolaX Power , Fronius International GmbH , Green Power Technologies , Growatt New Energy Technology Co., Ltd. , Sungrow Power Supply Co., Ltd. , and Power Electronics  are the major players.

Which region will lead the solar micro inverter market in 2024?

North America is expected to lead the solar micro inverter market in 2024.
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