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Microinverter-Global Market Insights and Sales Trends 2024
Synopsis
The global Microinverter market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Microinverter in various end use industries. The expanding demands from the Residential, Commercial and Utility,, are propelling Microinverter market. Standalone, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the On-grid segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Microinverter market, driven by demand from China, the second largest economy with some signs of stabilising, the Microinverter market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Microinverter, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Microinverter market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Microinverter market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Microinverter sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Microinverter covered in this report include SolarEdge Technologies, Enphase Energy, Tigo Energy, Altenergy Power System, SunPower Corporation, Ampt, Delta Energy Systems, KACO New Energy and Array Power, etc.
The global Microinverter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
SolarEdge Technologies
Enphase Energy
Tigo Energy
Altenergy Power System
SunPower Corporation
Ampt
Delta Energy Systems
KACO New Energy
Array Power
Solantro
Alencon Systems
i-Energy Co
Chilicon Power
Petra Systems
Sparq Systems
Global Microinverter market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Microinverter market, Segment by Type:
Standalone
On-grid
Global Microinverter market, by Application
Residential
Commercial
Utility
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Microinverter manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Microinverter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Microinverter market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Microinverter in various end use industries. The expanding demands from the Residential, Commercial and Utility,, are propelling Microinverter market. Standalone, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the On-grid segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Microinverter market, driven by demand from China, the second largest economy with some signs of stabilising, the Microinverter market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Microinverter, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Microinverter market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Microinverter market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Microinverter sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Microinverter covered in this report include SolarEdge Technologies, Enphase Energy, Tigo Energy, Altenergy Power System, SunPower Corporation, Ampt, Delta Energy Systems, KACO New Energy and Array Power, etc.
The global Microinverter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
SolarEdge Technologies
Enphase Energy
Tigo Energy
Altenergy Power System
SunPower Corporation
Ampt
Delta Energy Systems
KACO New Energy
Array Power
Solantro
Alencon Systems
i-Energy Co
Chilicon Power
Petra Systems
Sparq Systems
Global Microinverter market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Microinverter market, Segment by Type:
Standalone
On-grid
Global Microinverter market, by Application
Residential
Commercial
Utility
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Microinverter manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Microinverter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Microinverter Market Overview
1.1 Microinverter Product Overview
1.2 Microinverter Market Segment by Type
1.2.1 Standalone
1.2.2 On-grid
1.3 Global Microinverter Market Size by Type
1.3.1 Global Microinverter Market Size Overview by Type (2018-2029)
1.3.2 Global Microinverter Historic Market Size Review by Type (2018-2023)
1.3.3 Global Microinverter Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Microinverter Sales Breakdown by Type (2018-2023)
1.4.2 Europe Microinverter Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Microinverter Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Microinverter Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Microinverter Sales Breakdown by Type (2018-2023)
2 Global Microinverter Market Competition by Company
2.1 Global Top Players by Microinverter Sales (2018-2023)
2.2 Global Top Players by Microinverter Revenue (2018-2023)
2.3 Global Top Players by Microinverter Price (2018-2023)
2.4 Global Top Manufacturers Microinverter Manufacturing Base Distribution, Sales Area, Product Type
2.5 Microinverter Market Competitive Situation and Trends
2.5.1 Microinverter Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Microinverter Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Microinverter as of 2022)
2.7 Date of Key Manufacturers Enter into Microinverter Market
2.8 Key Manufacturers Microinverter Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Microinverter Status and Outlook by Region
3.1 Global Microinverter Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Microinverter Historic Market Size by Region
3.2.1 Global Microinverter Sales in Volume by Region (2018-2023)
3.2.2 Global Microinverter Sales in Value by Region (2018-2023)
3.2.3 Global Microinverter Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Microinverter Forecasted Market Size by Region
3.3.1 Global Microinverter Sales in Volume by Region (2024-2029)
3.3.2 Global Microinverter Sales in Value by Region (2024-2029)
3.3.3 Global Microinverter Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Microinverter by Application
4.1 Microinverter Market Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.1.3 Utility
4.2 Global Microinverter Market Size by Application
4.2.1 Global Microinverter Market Size Overview by Application (2018-2029)
4.2.2 Global Microinverter Historic Market Size Review by Application (2018-2023)
4.2.3 Global Microinverter Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Microinverter Sales Breakdown by Application (2018-2023)
4.3.2 Europe Microinverter Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Microinverter Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Microinverter Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Microinverter Sales Breakdown by Application (2018-2023)
5 North America Microinverter by Country
5.1 North America Microinverter Historic Market Size by Country
5.1.1 North America Microinverter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Microinverter Sales in Volume by Country (2018-2023)
5.1.3 North America Microinverter Sales in Value by Country (2018-2023)
5.2 North America Microinverter Forecasted Market Size by Country
5.2.1 North America Microinverter Sales in Volume by Country (2024-2029)
5.2.2 North America Microinverter Sales in Value by Country (2024-2029)
6 Europe Microinverter by Country
6.1 Europe Microinverter Historic Market Size by Country
6.1.1 Europe Microinverter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Microinverter Sales in Volume by Country (2018-2023)
6.1.3 Europe Microinverter Sales in Value by Country (2018-2023)
6.2 Europe Microinverter Forecasted Market Size by Country
6.2.1 Europe Microinverter Sales in Volume by Country (2024-2029)
6.2.2 Europe Microinverter Sales in Value by Country (2024-2029)
7 Asia-Pacific Microinverter by Region
7.1 Asia-Pacific Microinverter Historic Market Size by Region
7.1.1 Asia-Pacific Microinverter Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Microinverter Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Microinverter Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Microinverter Forecasted Market Size by Region
7.2.1 Asia-Pacific Microinverter Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Microinverter Sales in Value by Region (2024-2029)
8 Latin America Microinverter by Country
8.1 Latin America Microinverter Historic Market Size by Country
8.1.1 Latin America Microinverter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Microinverter Sales in Volume by Country (2018-2023)
8.1.3 Latin America Microinverter Sales in Value by Country (2018-2023)
8.2 Latin America Microinverter Forecasted Market Size by Country
8.2.1 Latin America Microinverter Sales in Volume by Country (2024-2029)
8.2.2 Latin America Microinverter Sales in Value by Country (2024-2029)
9 Middle East and Africa Microinverter by Country
9.1 Middle East and Africa Microinverter Historic Market Size by Country
9.1.1 Middle East and Africa Microinverter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Microinverter Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Microinverter Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Microinverter Forecasted Market Size by Country
9.2.1 Middle East and Africa Microinverter Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Microinverter Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 SolarEdge Technologies
10.1.1 SolarEdge Technologies Company Information
10.1.2 SolarEdge Technologies Introduction and Business Overview
10.1.3 SolarEdge Technologies Microinverter Sales, Revenue and Gross Margin (2018-2023)
10.1.4 SolarEdge Technologies Microinverter Products Offered
10.1.5 SolarEdge Technologies Recent Development
10.2 Enphase Energy
10.2.1 Enphase Energy Company Information
10.2.2 Enphase Energy Introduction and Business Overview
10.2.3 Enphase Energy Microinverter Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Enphase Energy Microinverter Products Offered
10.2.5 Enphase Energy Recent Development
10.3 Tigo Energy
10.3.1 Tigo Energy Company Information
10.3.2 Tigo Energy Introduction and Business Overview
10.3.3 Tigo Energy Microinverter Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Tigo Energy Microinverter Products Offered
10.3.5 Tigo Energy Recent Development
10.4 Altenergy Power System
10.4.1 Altenergy Power System Company Information
10.4.2 Altenergy Power System Introduction and Business Overview
10.4.3 Altenergy Power System Microinverter Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Altenergy Power System Microinverter Products Offered
10.4.5 Altenergy Power System Recent Development
10.5 SunPower Corporation
10.5.1 SunPower Corporation Company Information
10.5.2 SunPower Corporation Introduction and Business Overview
10.5.3 SunPower Corporation Microinverter Sales, Revenue and Gross Margin (2018-2023)
10.5.4 SunPower Corporation Microinverter Products Offered
10.5.5 SunPower Corporation Recent Development
10.6 Ampt
10.6.1 Ampt Company Information
10.6.2 Ampt Introduction and Business Overview
10.6.3 Ampt Microinverter Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Ampt Microinverter Products Offered
10.6.5 Ampt Recent Development
10.7 Delta Energy Systems
10.7.1 Delta Energy Systems Company Information
10.7.2 Delta Energy Systems Introduction and Business Overview
10.7.3 Delta Energy Systems Microinverter Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Delta Energy Systems Microinverter Products Offered
10.7.5 Delta Energy Systems Recent Development
10.8 KACO New Energy
10.8.1 KACO New Energy Company Information
10.8.2 KACO New Energy Introduction and Business Overview
10.8.3 KACO New Energy Microinverter Sales, Revenue and Gross Margin (2018-2023)
10.8.4 KACO New Energy Microinverter Products Offered
10.8.5 KACO New Energy Recent Development
10.9 Array Power
10.9.1 Array Power Company Information
10.9.2 Array Power Introduction and Business Overview
10.9.3 Array Power Microinverter Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Array Power Microinverter Products Offered
10.9.5 Array Power Recent Development
10.10 Solantro
10.10.1 Solantro Company Information
10.10.2 Solantro Introduction and Business Overview
10.10.3 Solantro Microinverter Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Solantro Microinverter Products Offered
10.10.5 Solantro Recent Development
10.11 Alencon Systems
10.11.1 Alencon Systems Company Information
10.11.2 Alencon Systems Introduction and Business Overview
10.11.3 Alencon Systems Microinverter Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Alencon Systems Microinverter Products Offered
10.11.5 Alencon Systems Recent Development
10.12 i-Energy Co
10.12.1 i-Energy Co Company Information
10.12.2 i-Energy Co Introduction and Business Overview
10.12.3 i-Energy Co Microinverter Sales, Revenue and Gross Margin (2018-2023)
10.12.4 i-Energy Co Microinverter Products Offered
10.12.5 i-Energy Co Recent Development
10.13 Chilicon Power
10.13.1 Chilicon Power Company Information
10.13.2 Chilicon Power Introduction and Business Overview
10.13.3 Chilicon Power Microinverter Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Chilicon Power Microinverter Products Offered
10.13.5 Chilicon Power Recent Development
10.14 Petra Systems
10.14.1 Petra Systems Company Information
10.14.2 Petra Systems Introduction and Business Overview
10.14.3 Petra Systems Microinverter Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Petra Systems Microinverter Products Offered
10.14.5 Petra Systems Recent Development
10.15 Sparq Systems
10.15.1 Sparq Systems Company Information
10.15.2 Sparq Systems Introduction and Business Overview
10.15.3 Sparq Systems Microinverter Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Sparq Systems Microinverter Products Offered
10.15.5 Sparq Systems Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Microinverter Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Microinverter Industrial Chain Analysis
11.4 Microinverter Market Dynamics
11.4.1 Microinverter Industry Trends
11.4.2 Microinverter Market Drivers
11.4.3 Microinverter Market Challenges
11.4.4 Microinverter Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Microinverter Distributors
12.3 Microinverter Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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