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Global Module Level Power Electronics (MLPE) Market Research Report 2024
Synopsis
Module Level Power Electronics (MPLE), is the collective term for AC microinverter and DC Power Optimiser solar systems.Direct current (DC) power optimizers and microinverters (together known as module-level power electronics, or MLPE) are one of the fastest growing market segments in the solar industry.
The global Module Level Power Electronics (MLPE) market was valued at US$ 2356.6 million in 2023 and is anticipated to reach US$ 7654.1 million by 2030, witnessing a CAGR of 14.7% during the forecast period 2024-2030.
Global Module Level Power Electronics (MLPE) key players include Solar Edge, Enphase, Tigo/SMA, APSystems, i-Energy Co.,Ltd., etc. Global top five manufacturers hold a share above 95%. North America is the largest market, with a share above 60%, followed by Europe, with a share about 25 percent. In terms of product, microinverter is the largest segment, with a share above 60%. And in terms of application, the largest application is Residential,with a share above 85%.
This report aims to provide a comprehensive presentation of the global market for Module Level Power Electronics (MLPE), 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 Module Level Power Electronics (MLPE).
Report Scope
The Module Level Power Electronics (MLPE) market size, estimations, and forecasts are provided in terms of output/shipments (M Watts) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Module Level Power Electronics (MLPE) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Module Level Power Electronics (MLPE) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Solar Edge
Enphase
Tigo/SMA
APSystems
i-Energy
Lead Solar
Chilicon
BM Solar
Sparq
Hoymiles
Ningbo Deye
NEP
Segment by Type
Power Optimizer
Microinverter
Segment by Application
Residential
Commercial
Production by Region
North America
Europe
China
Middle East
China Taiwan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by 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 market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Module Level Power Electronics (MLPE) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Module Level Power Electronics (MLPE) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Module Level Power Electronics (MLPE) 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Module Level Power Electronics (MPLE), is the collective term for AC microinverter and DC Power Optimiser solar systems.Direct current (DC) power optimizers and microinverters (together known as module-level power electronics, or MLPE) are one of the fastest growing market segments in the solar industry.
The global Module Level Power Electronics (MLPE) market was valued at US$ 2356.6 million in 2023 and is anticipated to reach US$ 7654.1 million by 2030, witnessing a CAGR of 14.7% during the forecast period 2024-2030.
Global Module Level Power Electronics (MLPE) key players include Solar Edge, Enphase, Tigo/SMA, APSystems, i-Energy Co.,Ltd., etc. Global top five manufacturers hold a share above 95%. North America is the largest market, with a share above 60%, followed by Europe, with a share about 25 percent. In terms of product, microinverter is the largest segment, with a share above 60%. And in terms of application, the largest application is Residential,with a share above 85%.
This report aims to provide a comprehensive presentation of the global market for Module Level Power Electronics (MLPE), 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 Module Level Power Electronics (MLPE).
Report Scope
The Module Level Power Electronics (MLPE) market size, estimations, and forecasts are provided in terms of output/shipments (M Watts) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Module Level Power Electronics (MLPE) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Module Level Power Electronics (MLPE) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Solar Edge
Enphase
Tigo/SMA
APSystems
i-Energy
Lead Solar
Chilicon
BM Solar
Sparq
Hoymiles
Ningbo Deye
NEP
Segment by Type
Power Optimizer
Microinverter
Segment by Application
Residential
Commercial
Production by Region
North America
Europe
China
Middle East
China Taiwan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by 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 market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Module Level Power Electronics (MLPE) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Module Level Power Electronics (MLPE) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Module Level Power Electronics (MLPE) 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 Module Level Power Electronics (MLPE) Market Overview
1.1 Product Definition
1.2 Module Level Power Electronics (MLPE) Segment by Type
1.2.1 Global Module Level Power Electronics (MLPE) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Power Optimizer
1.2.3 Microinverter
1.3 Module Level Power Electronics (MLPE) Segment by Application
1.3.1 Global Module Level Power Electronics (MLPE) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.4 Global Market Growth Prospects
1.4.1 Global Module Level Power Electronics (MLPE) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Module Level Power Electronics (MLPE) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Module Level Power Electronics (MLPE) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Module Level Power Electronics (MLPE) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Module Level Power Electronics (MLPE) Production Market Share by Manufacturers (2019-2024)
2.2 Global Module Level Power Electronics (MLPE) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Module Level Power Electronics (MLPE), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Module Level Power Electronics (MLPE) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Module Level Power Electronics (MLPE) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Module Level Power Electronics (MLPE), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Module Level Power Electronics (MLPE), Product Offered and Application
2.8 Global Key Manufacturers of Module Level Power Electronics (MLPE), Date of Enter into This Industry
2.9 Module Level Power Electronics (MLPE) Market Competitive Situation and Trends
2.9.1 Module Level Power Electronics (MLPE) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Module Level Power Electronics (MLPE) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Module Level Power Electronics (MLPE) Production by Region
3.1 Global Module Level Power Electronics (MLPE) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Module Level Power Electronics (MLPE) Production Value by Region (2019-2030)
3.2.1 Global Module Level Power Electronics (MLPE) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Module Level Power Electronics (MLPE) by Region (2025-2030)
3.3 Global Module Level Power Electronics (MLPE) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Module Level Power Electronics (MLPE) Production by Region (2019-2030)
3.4.1 Global Module Level Power Electronics (MLPE) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Module Level Power Electronics (MLPE) by Region (2025-2030)
3.5 Global Module Level Power Electronics (MLPE) Market Price Analysis by Region (2019-2024)
3.6 Global Module Level Power Electronics (MLPE) Production and Value, Year-over-Year Growth
3.6.1 North America Module Level Power Electronics (MLPE) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Module Level Power Electronics (MLPE) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Module Level Power Electronics (MLPE) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Middle East Module Level Power Electronics (MLPE) Production Value Estimates and Forecasts (2019-2030)
3.6.5 China Taiwan Module Level Power Electronics (MLPE) Production Value Estimates and Forecasts (2019-2030)
4 Module Level Power Electronics (MLPE) Consumption by Region
4.1 Global Module Level Power Electronics (MLPE) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Module Level Power Electronics (MLPE) Consumption by Region (2019-2030)
4.2.1 Global Module Level Power Electronics (MLPE) Consumption by Region (2019-2024)
4.2.2 Global Module Level Power Electronics (MLPE) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Module Level Power Electronics (MLPE) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Module Level Power Electronics (MLPE) Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Module Level Power Electronics (MLPE) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Module Level Power Electronics (MLPE) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Module Level Power Electronics (MLPE) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Module Level Power Electronics (MLPE) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Module Level Power Electronics (MLPE) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Module Level Power Electronics (MLPE) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Module Level Power Electronics (MLPE) Production by Type (2019-2030)
5.1.1 Global Module Level Power Electronics (MLPE) Production by Type (2019-2024)
5.1.2 Global Module Level Power Electronics (MLPE) Production by Type (2025-2030)
5.1.3 Global Module Level Power Electronics (MLPE) Production Market Share by Type (2019-2030)
5.2 Global Module Level Power Electronics (MLPE) Production Value by Type (2019-2030)
5.2.1 Global Module Level Power Electronics (MLPE) Production Value by Type (2019-2024)
5.2.2 Global Module Level Power Electronics (MLPE) Production Value by Type (2025-2030)
5.2.3 Global Module Level Power Electronics (MLPE) Production Value Market Share by Type (2019-2030)
5.3 Global Module Level Power Electronics (MLPE) Price by Type (2019-2030)
6 Segment by Application
6.1 Global Module Level Power Electronics (MLPE) Production by Application (2019-2030)
6.1.1 Global Module Level Power Electronics (MLPE) Production by Application (2019-2024)
6.1.2 Global Module Level Power Electronics (MLPE) Production by Application (2025-2030)
6.1.3 Global Module Level Power Electronics (MLPE) Production Market Share by Application (2019-2030)
6.2 Global Module Level Power Electronics (MLPE) Production Value by Application (2019-2030)
6.2.1 Global Module Level Power Electronics (MLPE) Production Value by Application (2019-2024)
6.2.2 Global Module Level Power Electronics (MLPE) Production Value by Application (2025-2030)
6.2.3 Global Module Level Power Electronics (MLPE) Production Value Market Share by Application (2019-2030)
6.3 Global Module Level Power Electronics (MLPE) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Solar Edge
7.1.1 Solar Edge Module Level Power Electronics (MLPE) Corporation Information
7.1.2 Solar Edge Module Level Power Electronics (MLPE) Product Portfolio
7.1.3 Solar Edge Module Level Power Electronics (MLPE) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Solar Edge Main Business and Markets Served
7.1.5 Solar Edge Recent Developments/Updates
7.2 Enphase
7.2.1 Enphase Module Level Power Electronics (MLPE) Corporation Information
7.2.2 Enphase Module Level Power Electronics (MLPE) Product Portfolio
7.2.3 Enphase Module Level Power Electronics (MLPE) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Enphase Main Business and Markets Served
7.2.5 Enphase Recent Developments/Updates
7.3 Tigo/SMA
7.3.1 Tigo/SMA Module Level Power Electronics (MLPE) Corporation Information
7.3.2 Tigo/SMA Module Level Power Electronics (MLPE) Product Portfolio
7.3.3 Tigo/SMA Module Level Power Electronics (MLPE) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Tigo/SMA Main Business and Markets Served
7.3.5 Tigo/SMA Recent Developments/Updates
7.4 APSystems
7.4.1 APSystems Module Level Power Electronics (MLPE) Corporation Information
7.4.2 APSystems Module Level Power Electronics (MLPE) Product Portfolio
7.4.3 APSystems Module Level Power Electronics (MLPE) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 APSystems Main Business and Markets Served
7.4.5 APSystems Recent Developments/Updates
7.5 i-Energy
7.5.1 i-Energy Module Level Power Electronics (MLPE) Corporation Information
7.5.2 i-Energy Module Level Power Electronics (MLPE) Product Portfolio
7.5.3 i-Energy Module Level Power Electronics (MLPE) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 i-Energy Main Business and Markets Served
7.5.5 i-Energy Recent Developments/Updates
7.6 Lead Solar
7.6.1 Lead Solar Module Level Power Electronics (MLPE) Corporation Information
7.6.2 Lead Solar Module Level Power Electronics (MLPE) Product Portfolio
7.6.3 Lead Solar Module Level Power Electronics (MLPE) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Lead Solar Main Business and Markets Served
7.6.5 Lead Solar Recent Developments/Updates
7.7 Chilicon
7.7.1 Chilicon Module Level Power Electronics (MLPE) Corporation Information
7.7.2 Chilicon Module Level Power Electronics (MLPE) Product Portfolio
7.7.3 Chilicon Module Level Power Electronics (MLPE) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Chilicon Main Business and Markets Served
7.7.5 Chilicon Recent Developments/Updates
7.8 BM Solar
7.8.1 BM Solar Module Level Power Electronics (MLPE) Corporation Information
7.8.2 BM Solar Module Level Power Electronics (MLPE) Product Portfolio
7.8.3 BM Solar Module Level Power Electronics (MLPE) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 BM Solar Main Business and Markets Served
7.7.5 BM Solar Recent Developments/Updates
7.9 Sparq
7.9.1 Sparq Module Level Power Electronics (MLPE) Corporation Information
7.9.2 Sparq Module Level Power Electronics (MLPE) Product Portfolio
7.9.3 Sparq Module Level Power Electronics (MLPE) Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Sparq Main Business and Markets Served
7.9.5 Sparq Recent Developments/Updates
7.10 Hoymiles
7.10.1 Hoymiles Module Level Power Electronics (MLPE) Corporation Information
7.10.2 Hoymiles Module Level Power Electronics (MLPE) Product Portfolio
7.10.3 Hoymiles Module Level Power Electronics (MLPE) Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Hoymiles Main Business and Markets Served
7.10.5 Hoymiles Recent Developments/Updates
7.11 Ningbo Deye
7.11.1 Ningbo Deye Module Level Power Electronics (MLPE) Corporation Information
7.11.2 Ningbo Deye Module Level Power Electronics (MLPE) Product Portfolio
7.11.3 Ningbo Deye Module Level Power Electronics (MLPE) Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Ningbo Deye Main Business and Markets Served
7.11.5 Ningbo Deye Recent Developments/Updates
7.12 NEP
7.12.1 NEP Module Level Power Electronics (MLPE) Corporation Information
7.12.2 NEP Module Level Power Electronics (MLPE) Product Portfolio
7.12.3 NEP Module Level Power Electronics (MLPE) Production, Value, Price and Gross Margin (2019-2024)
7.12.4 NEP Main Business and Markets Served
7.12.5 NEP Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Module Level Power Electronics (MLPE) Industry Chain Analysis
8.2 Module Level Power Electronics (MLPE) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Module Level Power Electronics (MLPE) Production Mode & Process
8.4 Module Level Power Electronics (MLPE) Sales and Marketing
8.4.1 Module Level Power Electronics (MLPE) Sales Channels
8.4.2 Module Level Power Electronics (MLPE) Distributors
8.5 Module Level Power Electronics (MLPE) Customers
9 Module Level Power Electronics (MLPE) Market Dynamics
9.1 Module Level Power Electronics (MLPE) Industry Trends
9.2 Module Level Power Electronics (MLPE) Market Drivers
9.3 Module Level Power Electronics (MLPE) Market Challenges
9.4 Module Level Power Electronics (MLPE) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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