COMPANIES COVERED
Enphase EnergyDownload FREE Report Sample
Download Free sampleA Solar Microinverter, 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). Microinverters contrast with conventional string and central solar inverters, in which a single inverter is connected to multiple solar panels. The output from several microinverters can be combined and often fed to the electrical grid.
Solar Microinverter Market contains market size and forecasts of Solar Microinverter in global, including the following market information:
Global Solar Microinverter Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Solar Microinverter Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Solar Microinverter companies in 2021 (%)
The global Solar Microinverter market was valued at 223.3 million in 2021 and is projected to reach US$ 760.7 million by 2028, at a CAGR of 19.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Grid-Connected Solar Microinverter Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Solar Microinverter include Enphase Energy, SolarEdge Technologies, SMA, SunPower, Power-One, Sungrow, AP System and Samil Power, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Solar 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 Solar Microinverter Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Solar Microinverter Market Segment Percentages, by Type, 2021 (%)
Grid-Connected Solar Microinverter
Grid-Off Solar Microinverter
Global Solar Microinverter Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Solar Microinverter Market Segment Percentages, by Application, 2021 (%)
Residential
Commercial
Other
Global Solar Microinverter Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Solar 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 Solar Microinverter revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Solar Microinverter revenues share in global market, 2021 (%)
Key companies Solar Microinverter sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Solar Microinverter sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Enphase Energy
SolarEdge Technologies
SMA
SunPower
Power-One
Sungrow
AP System
Samil Power
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