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Download Free sampleA solar micro-inverter, or simply microinverter, is a plug-and-play device used in photovoltaics, that converts direct current (DC) generated by a single solar module to alternating current (AC).
MicroInverter Market contains market size and forecasts of MicroInverter in global, including the following market information:
Global MicroInverter Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global MicroInverter Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five MicroInverter companies in 2021 (%)
The global MicroInverter market was valued at 2950.9 million in 2021 and is projected to reach US$ 7684.4 million by 2028, at a CAGR of 14.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Stand-Alone Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of MicroInverter include Enphase Energy, SMA Solar Technology, SolarEdge Technologies, SunPower Corp, APS, Chilicon Power, Cybo Energy, Involar and LeadSolar, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the MicroInverter manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global MicroInverter Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global MicroInverter Market Segment Percentages, by Type, 2021 (%)
Stand-Alone
Integrated
Global MicroInverter Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global MicroInverter Market Segment Percentages, by Application, 2021 (%)
Residential
Commercial
Global MicroInverter Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global MicroInverter Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies MicroInverter revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies MicroInverter revenues share in global market, 2021 (%)
Key companies MicroInverter sales in global market, 2017-2022 (Estimated), (K Units)
Key companies MicroInverter sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Enphase Energy
SMA Solar Technology
SolarEdge Technologies
SunPower Corp
APS
Chilicon Power
Cybo Energy
Involar
LeadSolar
ReneSola
Sparq Systems
Darfon Electronics Corp.
Northern Electric And Power Co. Ltd
Power-One
Sungrow
Samil Power
Grace Renewable Energy Pvt Ltd.
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Industry Market SizeSWOT AnalysisIndustry Major PlayersRevenue ForecastsHistorical and Forecast GrowthProfitability Analysis
