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Single Phase Micro Inverter-Global Market Insights and Sales Trends 2024
Synopsis
The global Single Phase Micro Inverter market size is expected to reach US$ 593.7 million by 2029, growing at a CAGR of 1.5% from 2023 to 2029. The market is mainly driven by the significant applications of Single Phase Micro Inverter in various end use industries. The expanding demands from the Energy, Aerospace and Other, are propelling Single Phase Micro Inverter market. Grid Single Phase Micro Inverter, 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 Off Grid Single Phase Micro Inverter segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Single Phase Micro Inverter market, driven by demand from China, the second largest economy with some signs of stabilising, the Single Phase Micro Inverter 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 Single Phase Micro Inverter, 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 Single Phase Micro Inverter 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 Single Phase Micro Inverter market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Single Phase Micro Inverter 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 Single Phase Micro Inverter covered in this report include Sun Power Corporation, Delta Energy Systems GmbH, ABB Group, SMA Solar Technology AG, Enphase Energy Inc, Solar Edge Technologies, P&P Energy Technology Co, Siemens AG and Involar, etc.
The global Single Phase Micro Inverter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sun Power Corporation
Delta Energy Systems GmbH
ABB Group
SMA Solar Technology AG
Enphase Energy Inc
Solar Edge Technologies
P&P Energy Technology Co
Siemens AG
Involar
Global Single Phase Micro Inverter 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 Single Phase Micro Inverter market, Segment by Type:
Grid Single Phase Micro Inverter
Off Grid Single Phase Micro Inverter
Global Single Phase Micro Inverter market, by Application
Energy
Aerospace
Other
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 Single Phase Micro Inverter manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Single Phase Micro Inverter 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 Single Phase Micro Inverter market size is expected to reach US$ 593.7 million by 2029, growing at a CAGR of 1.5% from 2023 to 2029. The market is mainly driven by the significant applications of Single Phase Micro Inverter in various end use industries. The expanding demands from the Energy, Aerospace and Other, are propelling Single Phase Micro Inverter market. Grid Single Phase Micro Inverter, 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 Off Grid Single Phase Micro Inverter segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Single Phase Micro Inverter market, driven by demand from China, the second largest economy with some signs of stabilising, the Single Phase Micro Inverter 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 Single Phase Micro Inverter, 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 Single Phase Micro Inverter 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 Single Phase Micro Inverter market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Single Phase Micro Inverter 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 Single Phase Micro Inverter covered in this report include Sun Power Corporation, Delta Energy Systems GmbH, ABB Group, SMA Solar Technology AG, Enphase Energy Inc, Solar Edge Technologies, P&P Energy Technology Co, Siemens AG and Involar, etc.
The global Single Phase Micro Inverter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sun Power Corporation
Delta Energy Systems GmbH
ABB Group
SMA Solar Technology AG
Enphase Energy Inc
Solar Edge Technologies
P&P Energy Technology Co
Siemens AG
Involar
Global Single Phase Micro Inverter 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 Single Phase Micro Inverter market, Segment by Type:
Grid Single Phase Micro Inverter
Off Grid Single Phase Micro Inverter
Global Single Phase Micro Inverter market, by Application
Energy
Aerospace
Other
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 Single Phase Micro Inverter manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Single Phase Micro Inverter 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 Single Phase Micro Inverter Market Overview
1.1 Single Phase Micro Inverter Product Overview
1.2 Single Phase Micro Inverter Market Segment by Type
1.2.1 Grid Single Phase Micro Inverter
1.2.2 Off Grid Single Phase Micro Inverter
1.3 Global Single Phase Micro Inverter Market Size by Type
1.3.1 Global Single Phase Micro Inverter Market Size Overview by Type (2018-2029)
1.3.2 Global Single Phase Micro Inverter Historic Market Size Review by Type (2018-2023)
1.3.3 Global Single Phase Micro Inverter Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Single Phase Micro Inverter Sales Breakdown by Type (2018-2023)
1.4.2 Europe Single Phase Micro Inverter Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Single Phase Micro Inverter Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Single Phase Micro Inverter Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Single Phase Micro Inverter Sales Breakdown by Type (2018-2023)
2 Global Single Phase Micro Inverter Market Competition by Company
2.1 Global Top Players by Single Phase Micro Inverter Sales (2018-2023)
2.2 Global Top Players by Single Phase Micro Inverter Revenue (2018-2023)
2.3 Global Top Players by Single Phase Micro Inverter Price (2018-2023)
2.4 Global Top Manufacturers Single Phase Micro Inverter Manufacturing Base Distribution, Sales Area, Product Type
2.5 Single Phase Micro Inverter Market Competitive Situation and Trends
2.5.1 Single Phase Micro Inverter Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Single Phase Micro Inverter 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 Single Phase Micro Inverter as of 2022)
2.7 Date of Key Manufacturers Enter into Single Phase Micro Inverter Market
2.8 Key Manufacturers Single Phase Micro Inverter Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Single Phase Micro Inverter Status and Outlook by Region
3.1 Global Single Phase Micro Inverter Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Single Phase Micro Inverter Historic Market Size by Region
3.2.1 Global Single Phase Micro Inverter Sales in Volume by Region (2018-2023)
3.2.2 Global Single Phase Micro Inverter Sales in Value by Region (2018-2023)
3.2.3 Global Single Phase Micro Inverter Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Single Phase Micro Inverter Forecasted Market Size by Region
3.3.1 Global Single Phase Micro Inverter Sales in Volume by Region (2024-2029)
3.3.2 Global Single Phase Micro Inverter Sales in Value by Region (2024-2029)
3.3.3 Global Single Phase Micro Inverter Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Single Phase Micro Inverter by Application
4.1 Single Phase Micro Inverter Market Segment by Application
4.1.1 Energy
4.1.2 Aerospace
4.1.3 Other
4.2 Global Single Phase Micro Inverter Market Size by Application
4.2.1 Global Single Phase Micro Inverter Market Size Overview by Application (2018-2029)
4.2.2 Global Single Phase Micro Inverter Historic Market Size Review by Application (2018-2023)
4.2.3 Global Single Phase Micro Inverter Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Single Phase Micro Inverter Sales Breakdown by Application (2018-2023)
4.3.2 Europe Single Phase Micro Inverter Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Single Phase Micro Inverter Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Single Phase Micro Inverter Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Single Phase Micro Inverter Sales Breakdown by Application (2018-2023)
5 North America Single Phase Micro Inverter by Country
5.1 North America Single Phase Micro Inverter Historic Market Size by Country
5.1.1 North America Single Phase Micro Inverter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Single Phase Micro Inverter Sales in Volume by Country (2018-2023)
5.1.3 North America Single Phase Micro Inverter Sales in Value by Country (2018-2023)
5.2 North America Single Phase Micro Inverter Forecasted Market Size by Country
5.2.1 North America Single Phase Micro Inverter Sales in Volume by Country (2024-2029)
5.2.2 North America Single Phase Micro Inverter Sales in Value by Country (2024-2029)
6 Europe Single Phase Micro Inverter by Country
6.1 Europe Single Phase Micro Inverter Historic Market Size by Country
6.1.1 Europe Single Phase Micro Inverter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Single Phase Micro Inverter Sales in Volume by Country (2018-2023)
6.1.3 Europe Single Phase Micro Inverter Sales in Value by Country (2018-2023)
6.2 Europe Single Phase Micro Inverter Forecasted Market Size by Country
6.2.1 Europe Single Phase Micro Inverter Sales in Volume by Country (2024-2029)
6.2.2 Europe Single Phase Micro Inverter Sales in Value by Country (2024-2029)
7 Asia-Pacific Single Phase Micro Inverter by Region
7.1 Asia-Pacific Single Phase Micro Inverter Historic Market Size by Region
7.1.1 Asia-Pacific Single Phase Micro Inverter Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Single Phase Micro Inverter Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Single Phase Micro Inverter Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Single Phase Micro Inverter Forecasted Market Size by Region
7.2.1 Asia-Pacific Single Phase Micro Inverter Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Single Phase Micro Inverter Sales in Value by Region (2024-2029)
8 Latin America Single Phase Micro Inverter by Country
8.1 Latin America Single Phase Micro Inverter Historic Market Size by Country
8.1.1 Latin America Single Phase Micro Inverter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Single Phase Micro Inverter Sales in Volume by Country (2018-2023)
8.1.3 Latin America Single Phase Micro Inverter Sales in Value by Country (2018-2023)
8.2 Latin America Single Phase Micro Inverter Forecasted Market Size by Country
8.2.1 Latin America Single Phase Micro Inverter Sales in Volume by Country (2024-2029)
8.2.2 Latin America Single Phase Micro Inverter Sales in Value by Country (2024-2029)
9 Middle East and Africa Single Phase Micro Inverter by Country
9.1 Middle East and Africa Single Phase Micro Inverter Historic Market Size by Country
9.1.1 Middle East and Africa Single Phase Micro Inverter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Single Phase Micro Inverter Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Single Phase Micro Inverter Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Single Phase Micro Inverter Forecasted Market Size by Country
9.2.1 Middle East and Africa Single Phase Micro Inverter Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Single Phase Micro Inverter Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Sun Power Corporation
10.1.1 Sun Power Corporation Company Information
10.1.2 Sun Power Corporation Introduction and Business Overview
10.1.3 Sun Power Corporation Single Phase Micro Inverter Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Sun Power Corporation Single Phase Micro Inverter Products Offered
10.1.5 Sun Power Corporation Recent Development
10.2 Delta Energy Systems GmbH
10.2.1 Delta Energy Systems GmbH Company Information
10.2.2 Delta Energy Systems GmbH Introduction and Business Overview
10.2.3 Delta Energy Systems GmbH Single Phase Micro Inverter Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Delta Energy Systems GmbH Single Phase Micro Inverter Products Offered
10.2.5 Delta Energy Systems GmbH Recent Development
10.3 ABB Group
10.3.1 ABB Group Company Information
10.3.2 ABB Group Introduction and Business Overview
10.3.3 ABB Group Single Phase Micro Inverter Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ABB Group Single Phase Micro Inverter Products Offered
10.3.5 ABB Group Recent Development
10.4 SMA Solar Technology AG
10.4.1 SMA Solar Technology AG Company Information
10.4.2 SMA Solar Technology AG Introduction and Business Overview
10.4.3 SMA Solar Technology AG Single Phase Micro Inverter Sales, Revenue and Gross Margin (2018-2023)
10.4.4 SMA Solar Technology AG Single Phase Micro Inverter Products Offered
10.4.5 SMA Solar Technology AG Recent Development
10.5 Enphase Energy Inc
10.5.1 Enphase Energy Inc Company Information
10.5.2 Enphase Energy Inc Introduction and Business Overview
10.5.3 Enphase Energy Inc Single Phase Micro Inverter Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Enphase Energy Inc Single Phase Micro Inverter Products Offered
10.5.5 Enphase Energy Inc Recent Development
10.6 Solar Edge Technologies
10.6.1 Solar Edge Technologies Company Information
10.6.2 Solar Edge Technologies Introduction and Business Overview
10.6.3 Solar Edge Technologies Single Phase Micro Inverter Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Solar Edge Technologies Single Phase Micro Inverter Products Offered
10.6.5 Solar Edge Technologies Recent Development
10.7 P&P Energy Technology Co
10.7.1 P&P Energy Technology Co Company Information
10.7.2 P&P Energy Technology Co Introduction and Business Overview
10.7.3 P&P Energy Technology Co Single Phase Micro Inverter Sales, Revenue and Gross Margin (2018-2023)
10.7.4 P&P Energy Technology Co Single Phase Micro Inverter Products Offered
10.7.5 P&P Energy Technology Co Recent Development
10.8 Siemens AG
10.8.1 Siemens AG Company Information
10.8.2 Siemens AG Introduction and Business Overview
10.8.3 Siemens AG Single Phase Micro Inverter Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Siemens AG Single Phase Micro Inverter Products Offered
10.8.5 Siemens AG Recent Development
10.9 Involar
10.9.1 Involar Company Information
10.9.2 Involar Introduction and Business Overview
10.9.3 Involar Single Phase Micro Inverter Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Involar Single Phase Micro Inverter Products Offered
10.9.5 Involar Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Single Phase Micro Inverter 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 Single Phase Micro Inverter Industrial Chain Analysis
11.4 Single Phase Micro Inverter Market Dynamics
11.4.1 Single Phase Micro Inverter Industry Trends
11.4.2 Single Phase Micro Inverter Market Drivers
11.4.3 Single Phase Micro Inverter Market Challenges
11.4.4 Single Phase Micro Inverter Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Single Phase Micro Inverter Distributors
12.3 Single Phase Micro Inverter 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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