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Module Level Power Electronics (MLPE)-Global Market Insights and Sales Trends 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 size is expected to reach US$ 7654.1 million by 2029, growing at a CAGR of 14.7% from 2023 to 2029. The market is mainly driven by the significant applications of Module Level Power Electronics (MLPE) in various end use industries. The expanding demands from the Residential and Commercial, are propelling Module Level Power Electronics (MLPE) market. Power Optimizer, 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 Microinverter segment is estimated at % CAGR for the next seven-year period.
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%.
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 Module Level Power Electronics (MLPE), 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 Module Level Power Electronics (MLPE) 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 Module Level Power Electronics (MLPE) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Module Level Power Electronics (MLPE) 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 Module Level Power Electronics (MLPE) covered in this report include Solar Edge, Enphase, Tigo/SMA, APSystems, i-Energy, Lead Solar, Chilicon, BM Solar and Sparq, etc.
The global Module Level Power Electronics (MLPE) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Solar Edge
Enphase
Tigo/SMA
APSystems
i-Energy
Lead Solar
Chilicon
BM Solar
Sparq
Hoymiles
Ningbo Deye
NEP
Global Module Level Power Electronics (MLPE) 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 Module Level Power Electronics (MLPE) market, Segment by Type:
Power Optimizer
Microinverter
Global Module Level Power Electronics (MLPE) market, by Application
Residential
Commercial
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 Module Level Power Electronics (MLPE) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Module Level Power Electronics (MLPE) 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.
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 size is expected to reach US$ 7654.1 million by 2029, growing at a CAGR of 14.7% from 2023 to 2029. The market is mainly driven by the significant applications of Module Level Power Electronics (MLPE) in various end use industries. The expanding demands from the Residential and Commercial, are propelling Module Level Power Electronics (MLPE) market. Power Optimizer, 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 Microinverter segment is estimated at % CAGR for the next seven-year period.
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%.
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 Module Level Power Electronics (MLPE), 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 Module Level Power Electronics (MLPE) 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 Module Level Power Electronics (MLPE) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Module Level Power Electronics (MLPE) 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 Module Level Power Electronics (MLPE) covered in this report include Solar Edge, Enphase, Tigo/SMA, APSystems, i-Energy, Lead Solar, Chilicon, BM Solar and Sparq, etc.
The global Module Level Power Electronics (MLPE) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Solar Edge
Enphase
Tigo/SMA
APSystems
i-Energy
Lead Solar
Chilicon
BM Solar
Sparq
Hoymiles
Ningbo Deye
NEP
Global Module Level Power Electronics (MLPE) 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 Module Level Power Electronics (MLPE) market, Segment by Type:
Power Optimizer
Microinverter
Global Module Level Power Electronics (MLPE) market, by Application
Residential
Commercial
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 Module Level Power Electronics (MLPE) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Module Level Power Electronics (MLPE) 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 Module Level Power Electronics (MLPE) Market Overview
1.1 Module Level Power Electronics (MLPE) Product Overview
1.2 Module Level Power Electronics (MLPE) Market Segment by Type
1.2.1 Power Optimizer
1.2.2 Microinverter
1.3 Global Module Level Power Electronics (MLPE) Market Size by Type
1.3.1 Global Module Level Power Electronics (MLPE) Market Size Overview by Type (2018-2029)
1.3.2 Global Module Level Power Electronics (MLPE) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Module Level Power Electronics (MLPE) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Module Level Power Electronics (MLPE) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Module Level Power Electronics (MLPE) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Module Level Power Electronics (MLPE) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Module Level Power Electronics (MLPE) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Module Level Power Electronics (MLPE) Sales Breakdown by Type (2018-2023)
2 Global Module Level Power Electronics (MLPE) Market Competition by Company
2.1 Global Top Players by Module Level Power Electronics (MLPE) Sales (2018-2023)
2.2 Global Top Players by Module Level Power Electronics (MLPE) Revenue (2018-2023)
2.3 Global Top Players by Module Level Power Electronics (MLPE) Price (2018-2023)
2.4 Global Top Manufacturers Module Level Power Electronics (MLPE) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Module Level Power Electronics (MLPE) Market Competitive Situation and Trends
2.5.1 Module Level Power Electronics (MLPE) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Module Level Power Electronics (MLPE) 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 Module Level Power Electronics (MLPE) as of 2022)
2.7 Date of Key Manufacturers Enter into Module Level Power Electronics (MLPE) Market
2.8 Key Manufacturers Module Level Power Electronics (MLPE) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Module Level Power Electronics (MLPE) Status and Outlook by Region
3.1 Global Module Level Power Electronics (MLPE) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Module Level Power Electronics (MLPE) Historic Market Size by Region
3.2.1 Global Module Level Power Electronics (MLPE) Sales in Volume by Region (2018-2023)
3.2.2 Global Module Level Power Electronics (MLPE) Sales in Value by Region (2018-2023)
3.2.3 Global Module Level Power Electronics (MLPE) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Module Level Power Electronics (MLPE) Forecasted Market Size by Region
3.3.1 Global Module Level Power Electronics (MLPE) Sales in Volume by Region (2024-2029)
3.3.2 Global Module Level Power Electronics (MLPE) Sales in Value by Region (2024-2029)
3.3.3 Global Module Level Power Electronics (MLPE) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Module Level Power Electronics (MLPE) by Application
4.1 Module Level Power Electronics (MLPE) Market Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.2 Global Module Level Power Electronics (MLPE) Market Size by Application
4.2.1 Global Module Level Power Electronics (MLPE) Market Size Overview by Application (2018-2029)
4.2.2 Global Module Level Power Electronics (MLPE) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Module Level Power Electronics (MLPE) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Module Level Power Electronics (MLPE) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Module Level Power Electronics (MLPE) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Module Level Power Electronics (MLPE) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Module Level Power Electronics (MLPE) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Module Level Power Electronics (MLPE) Sales Breakdown by Application (2018-2023)
5 North America Module Level Power Electronics (MLPE) by Country
5.1 North America Module Level Power Electronics (MLPE) Historic Market Size by Country
5.1.1 North America Module Level Power Electronics (MLPE) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Module Level Power Electronics (MLPE) Sales in Volume by Country (2018-2023)
5.1.3 North America Module Level Power Electronics (MLPE) Sales in Value by Country (2018-2023)
5.2 North America Module Level Power Electronics (MLPE) Forecasted Market Size by Country
5.2.1 North America Module Level Power Electronics (MLPE) Sales in Volume by Country (2024-2029)
5.2.2 North America Module Level Power Electronics (MLPE) Sales in Value by Country (2024-2029)
6 Europe Module Level Power Electronics (MLPE) by Country
6.1 Europe Module Level Power Electronics (MLPE) Historic Market Size by Country
6.1.1 Europe Module Level Power Electronics (MLPE) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Module Level Power Electronics (MLPE) Sales in Volume by Country (2018-2023)
6.1.3 Europe Module Level Power Electronics (MLPE) Sales in Value by Country (2018-2023)
6.2 Europe Module Level Power Electronics (MLPE) Forecasted Market Size by Country
6.2.1 Europe Module Level Power Electronics (MLPE) Sales in Volume by Country (2024-2029)
6.2.2 Europe Module Level Power Electronics (MLPE) Sales in Value by Country (2024-2029)
7 Asia-Pacific Module Level Power Electronics (MLPE) by Region
7.1 Asia-Pacific Module Level Power Electronics (MLPE) Historic Market Size by Region
7.1.1 Asia-Pacific Module Level Power Electronics (MLPE) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Module Level Power Electronics (MLPE) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Module Level Power Electronics (MLPE) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Module Level Power Electronics (MLPE) Forecasted Market Size by Region
7.2.1 Asia-Pacific Module Level Power Electronics (MLPE) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Module Level Power Electronics (MLPE) Sales in Value by Region (2024-2029)
8 Latin America Module Level Power Electronics (MLPE) by Country
8.1 Latin America Module Level Power Electronics (MLPE) Historic Market Size by Country
8.1.1 Latin America Module Level Power Electronics (MLPE) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Module Level Power Electronics (MLPE) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Module Level Power Electronics (MLPE) Sales in Value by Country (2018-2023)
8.2 Latin America Module Level Power Electronics (MLPE) Forecasted Market Size by Country
8.2.1 Latin America Module Level Power Electronics (MLPE) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Module Level Power Electronics (MLPE) Sales in Value by Country (2024-2029)
9 Middle East and Africa Module Level Power Electronics (MLPE) by Country
9.1 Middle East and Africa Module Level Power Electronics (MLPE) Historic Market Size by Country
9.1.1 Middle East and Africa Module Level Power Electronics (MLPE) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Module Level Power Electronics (MLPE) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Module Level Power Electronics (MLPE) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Module Level Power Electronics (MLPE) Forecasted Market Size by Country
9.2.1 Middle East and Africa Module Level Power Electronics (MLPE) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Module Level Power Electronics (MLPE) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Solar Edge
10.1.1 Solar Edge Company Information
10.1.2 Solar Edge Introduction and Business Overview
10.1.3 Solar Edge Module Level Power Electronics (MLPE) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Solar Edge Module Level Power Electronics (MLPE) Products Offered
10.1.5 Solar Edge Recent Development
10.2 Enphase
10.2.1 Enphase Company Information
10.2.2 Enphase Introduction and Business Overview
10.2.3 Enphase Module Level Power Electronics (MLPE) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Enphase Module Level Power Electronics (MLPE) Products Offered
10.2.5 Enphase Recent Development
10.3 Tigo/SMA
10.3.1 Tigo/SMA Company Information
10.3.2 Tigo/SMA Introduction and Business Overview
10.3.3 Tigo/SMA Module Level Power Electronics (MLPE) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Tigo/SMA Module Level Power Electronics (MLPE) Products Offered
10.3.5 Tigo/SMA Recent Development
10.4 APSystems
10.4.1 APSystems Company Information
10.4.2 APSystems Introduction and Business Overview
10.4.3 APSystems Module Level Power Electronics (MLPE) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 APSystems Module Level Power Electronics (MLPE) Products Offered
10.4.5 APSystems Recent Development
10.5 i-Energy
10.5.1 i-Energy Company Information
10.5.2 i-Energy Introduction and Business Overview
10.5.3 i-Energy Module Level Power Electronics (MLPE) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 i-Energy Module Level Power Electronics (MLPE) Products Offered
10.5.5 i-Energy Recent Development
10.6 Lead Solar
10.6.1 Lead Solar Company Information
10.6.2 Lead Solar Introduction and Business Overview
10.6.3 Lead Solar Module Level Power Electronics (MLPE) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Lead Solar Module Level Power Electronics (MLPE) Products Offered
10.6.5 Lead Solar Recent Development
10.7 Chilicon
10.7.1 Chilicon Company Information
10.7.2 Chilicon Introduction and Business Overview
10.7.3 Chilicon Module Level Power Electronics (MLPE) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Chilicon Module Level Power Electronics (MLPE) Products Offered
10.7.5 Chilicon Recent Development
10.8 BM Solar
10.8.1 BM Solar Company Information
10.8.2 BM Solar Introduction and Business Overview
10.8.3 BM Solar Module Level Power Electronics (MLPE) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 BM Solar Module Level Power Electronics (MLPE) Products Offered
10.8.5 BM Solar Recent Development
10.9 Sparq
10.9.1 Sparq Company Information
10.9.2 Sparq Introduction and Business Overview
10.9.3 Sparq Module Level Power Electronics (MLPE) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Sparq Module Level Power Electronics (MLPE) Products Offered
10.9.5 Sparq Recent Development
10.10 Hoymiles
10.10.1 Hoymiles Company Information
10.10.2 Hoymiles Introduction and Business Overview
10.10.3 Hoymiles Module Level Power Electronics (MLPE) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Hoymiles Module Level Power Electronics (MLPE) Products Offered
10.10.5 Hoymiles Recent Development
10.11 Ningbo Deye
10.11.1 Ningbo Deye Company Information
10.11.2 Ningbo Deye Introduction and Business Overview
10.11.3 Ningbo Deye Module Level Power Electronics (MLPE) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Ningbo Deye Module Level Power Electronics (MLPE) Products Offered
10.11.5 Ningbo Deye Recent Development
10.12 NEP
10.12.1 NEP Company Information
10.12.2 NEP Introduction and Business Overview
10.12.3 NEP Module Level Power Electronics (MLPE) Sales, Revenue and Gross Margin (2018-2023)
10.12.4 NEP Module Level Power Electronics (MLPE) Products Offered
10.12.5 NEP Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Module Level Power Electronics (MLPE) 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 Module Level Power Electronics (MLPE) Industrial Chain Analysis
11.4 Module Level Power Electronics (MLPE) Market Dynamics
11.4.1 Module Level Power Electronics (MLPE) Industry Trends
11.4.2 Module Level Power Electronics (MLPE) Market Drivers
11.4.3 Module Level Power Electronics (MLPE) Market Challenges
11.4.4 Module Level Power Electronics (MLPE) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Module Level Power Electronics (MLPE) Distributors
12.3 Module Level Power Electronics (MLPE) 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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