Module Level Power Electronics Market

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.

Module Level Power Electronics Market contains market size and forecasts of Module Level Power Electronics (MLPE) in global, including the following market information:

Global Module Level Power Electronics (MLPE) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Module Level Power Electronics (MLPE) Market Sales, 2017-2022, 2023-2028, (M Watts)

Global top five Module Level Power Electronics (MLPE) companies in 2021 (%)

The global Module Level Power Electronics (MLPE) market was valued at 1152.4 million in 2021 and is projected to reach US$ 2895.7 million by 2028, at a CAGR of 14.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Power Optimizer Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Module Level Power Electronics (MLPE) include Solar Edge, Enphase, Tigo/SMA, APSystems, i-Energy, Lead Solar, Chilicon, BM Solar and Sparq. etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Module Level Power Electronics (MLPE) 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 Module Level Power Electronics (MLPE) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Watts)

Global Module Level Power Electronics (MLPE) Market Segment Percentages, by Type, 2021 (%)

Power Optimizer

Microinverter

Global Module Level Power Electronics (MLPE) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Watts)

Global Module Level Power Electronics (MLPE) Market Segment Percentages, by Application, 2021 (%)

Residential

Commercial

Global Module Level Power Electronics (MLPE) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Watts)

Global Module Level Power Electronics (MLPE) 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 Module Level Power Electronics (MLPE) revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Module Level Power Electronics (MLPE) revenues share in global market, 2021 (%)

Key companies Module Level Power Electronics (MLPE) sales in global market, 2017-2022 (Estimated), (M Watts)

Key companies Module Level Power Electronics (MLPE) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Solar Edge

Enphase

Tigo/SMA

APSystems

i-Energy

Lead Solar

Chilicon

BM Solar

Sparq