The global Module Level Power Electronics (MLPE) market size was valued at US$ 3459 million in 2024 and is forecast to a readjusted size of USD 8758 million by 2031 with a CAGR of 14.4% during review period.
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.
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%.
This report is a detailed and comprehensive analysis for global Module Level Power Electronics (MLPE) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Module Level Power Electronics (MLPE) market size and forecasts, in consumption value ($ Million), sales quantity (M Watts), and average selling prices (USD/Watt), 2020-2031
Global Module Level Power Electronics (MLPE) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Watts), and average selling prices (USD/Watt), 2020-2031
Global Module Level Power Electronics (MLPE) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Watts), and average selling prices (USD/Watt), 2020-2031
Global Module Level Power Electronics (MLPE) market shares of main players, shipments in revenue ($ Million), sales quantity (M Watts), and ASP (USD/Watt), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Module Level Power Electronics (MLPE)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Module Level Power Electronics (MLPE) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Solar Edge, Enphase, Tigo/SMA, APSystems, i-Energy, Lead Solar, Chilicon, BM Solar, Sparq, Hoymiles, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Module Level Power Electronics (MLPE) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Power Optimizer
Microinverter
Market segment by Application
Residential
Commercial
Major players covered
Solar Edge
Enphase
Tigo/SMA
APSystems
i-Energy
Lead Solar
Chilicon
BM Solar
Sparq
Hoymiles
Ningbo Deye
NEP
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Module Level Power Electronics (MLPE) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Module Level Power Electronics (MLPE), with price, sales quantity, revenue, and global market share of Module Level Power Electronics (MLPE) from 2020 to 2025.
Chapter 3, the Module Level Power Electronics (MLPE) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Module Level Power Electronics (MLPE) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Module Level Power Electronics (MLPE) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Module Level Power Electronics (MLPE).
Chapter 14 and 15, to describe Module Level Power Electronics (MLPE) sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Module Level Power Electronics (MLPE) Consumption Value by Type: 2020 Versus 2024 Versus 2031
1.3.2 Power Optimizer
1.3.3 Microinverter
1.4 Market Analysis by Application
1.4.1 Overview: Global Module Level Power Electronics (MLPE) Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Residential
1.4.3 Commercial
1.5 Global Module Level Power Electronics (MLPE) Market Size & Forecast
1.5.1 Global Module Level Power Electronics (MLPE) Consumption Value (2020 & 2024 & 2031)
1.5.2 Global Module Level Power Electronics (MLPE) Sales Quantity (2020-2031)
1.5.3 Global Module Level Power Electronics (MLPE) Average Price (2020-2031)
2 Manufacturers Profiles
2.1 Solar Edge
2.1.1 Solar Edge Details
2.1.2 Solar Edge Major Business
2.1.3 Solar Edge Module Level Power Electronics (MLPE) Product and Services
2.1.4 Solar Edge Module Level Power Electronics (MLPE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 Solar Edge Recent Developments/Updates
2.2 Enphase
2.2.1 Enphase Details
2.2.2 Enphase Major Business
2.2.3 Enphase Module Level Power Electronics (MLPE) Product and Services
2.2.4 Enphase Module Level Power Electronics (MLPE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Enphase Recent Developments/Updates
2.3 Tigo/SMA
2.3.1 Tigo/SMA Details
2.3.2 Tigo/SMA Major Business
2.3.3 Tigo/SMA Module Level Power Electronics (MLPE) Product and Services
2.3.4 Tigo/SMA Module Level Power Electronics (MLPE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Tigo/SMA Recent Developments/Updates
2.4 APSystems
2.4.1 APSystems Details
2.4.2 APSystems Major Business
2.4.3 APSystems Module Level Power Electronics (MLPE) Product and Services
2.4.4 APSystems Module Level Power Electronics (MLPE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 APSystems Recent Developments/Updates
2.5 i-Energy
2.5.1 i-Energy Details
2.5.2 i-Energy Major Business
2.5.3 i-Energy Module Level Power Electronics (MLPE) Product and Services
2.5.4 i-Energy Module Level Power Electronics (MLPE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 i-Energy Recent Developments/Updates
2.6 Lead Solar
2.6.1 Lead Solar Details
2.6.2 Lead Solar Major Business
2.6.3 Lead Solar Module Level Power Electronics (MLPE) Product and Services
2.6.4 Lead Solar Module Level Power Electronics (MLPE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Lead Solar Recent Developments/Updates
2.7 Chilicon
2.7.1 Chilicon Details
2.7.2 Chilicon Major Business
2.7.3 Chilicon Module Level Power Electronics (MLPE) Product and Services
2.7.4 Chilicon Module Level Power Electronics (MLPE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Chilicon Recent Developments/Updates
2.8 BM Solar
2.8.1 BM Solar Details
2.8.2 BM Solar Major Business
2.8.3 BM Solar Module Level Power Electronics (MLPE) Product and Services
2.8.4 BM Solar Module Level Power Electronics (MLPE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 BM Solar Recent Developments/Updates
2.9 Sparq
2.9.1 Sparq Details
2.9.2 Sparq Major Business
2.9.3 Sparq Module Level Power Electronics (MLPE) Product and Services
2.9.4 Sparq Module Level Power Electronics (MLPE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 Sparq Recent Developments/Updates
2.10 Hoymiles
2.10.1 Hoymiles Details
2.10.2 Hoymiles Major Business
2.10.3 Hoymiles Module Level Power Electronics (MLPE) Product and Services
2.10.4 Hoymiles Module Level Power Electronics (MLPE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 Hoymiles Recent Developments/Updates
2.11 Ningbo Deye
2.11.1 Ningbo Deye Details
2.11.2 Ningbo Deye Major Business
2.11.3 Ningbo Deye Module Level Power Electronics (MLPE) Product and Services
2.11.4 Ningbo Deye Module Level Power Electronics (MLPE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 Ningbo Deye Recent Developments/Updates
2.12 NEP
2.12.1 NEP Details
2.12.2 NEP Major Business
2.12.3 NEP Module Level Power Electronics (MLPE) Product and Services
2.12.4 NEP Module Level Power Electronics (MLPE) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 NEP Recent Developments/Updates
3 Competitive Environment: Module Level Power Electronics (MLPE) by Manufacturer
3.1 Global Module Level Power Electronics (MLPE) Sales Quantity by Manufacturer (2020-2025)
3.2 Global Module Level Power Electronics (MLPE) Revenue by Manufacturer (2020-2025)
3.3 Global Module Level Power Electronics (MLPE) Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
3.4.1 Producer Shipments of Module Level Power Electronics (MLPE) by Manufacturer Revenue ($MM) and Market Share (%): 2024
3.4.2 Top 3 Module Level Power Electronics (MLPE) Manufacturer Market Share in 2024
3.4.3 Top 6 Module Level Power Electronics (MLPE) Manufacturer Market Share in 2024
3.5 Module Level Power Electronics (MLPE) Market: Overall Company Footprint Analysis
3.5.1 Module Level Power Electronics (MLPE) Market: Region Footprint
3.5.2 Module Level Power Electronics (MLPE) Market: Company Product Type Footprint
3.5.3 Module Level Power Electronics (MLPE) Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Module Level Power Electronics (MLPE) Market Size by Region
4.1.1 Global Module Level Power Electronics (MLPE) Sales Quantity by Region (2020-2031)
4.1.2 Global Module Level Power Electronics (MLPE) Consumption Value by Region (2020-2031)
4.1.3 Global Module Level Power Electronics (MLPE) Average Price by Region (2020-2031)
4.2 North America Module Level Power Electronics (MLPE) Consumption Value (2020-2031)
4.3 Europe Module Level Power Electronics (MLPE) Consumption Value (2020-2031)
4.4 Asia-Pacific Module Level Power Electronics (MLPE) Consumption Value (2020-2031)
4.5 South America Module Level Power Electronics (MLPE) Consumption Value (2020-2031)
4.6 Middle East & Africa Module Level Power Electronics (MLPE) Consumption Value (2020-2031)
5 Market Segment by Type
5.1 Global Module Level Power Electronics (MLPE) Sales Quantity by Type (2020-2031)
5.2 Global Module Level Power Electronics (MLPE) Consumption Value by Type (2020-2031)
5.3 Global Module Level Power Electronics (MLPE) Average Price by Type (2020-2031)
6 Market Segment by Application
6.1 Global Module Level Power Electronics (MLPE) Sales Quantity by Application (2020-2031)
6.2 Global Module Level Power Electronics (MLPE) Consumption Value by Application (2020-2031)
6.3 Global Module Level Power Electronics (MLPE) Average Price by Application (2020-2031)
7 North America
7.1 North America Module Level Power Electronics (MLPE) Sales Quantity by Type (2020-2031)
7.2 North America Module Level Power Electronics (MLPE) Sales Quantity by Application (2020-2031)
7.3 North America Module Level Power Electronics (MLPE) Market Size by Country
7.3.1 North America Module Level Power Electronics (MLPE) Sales Quantity by Country (2020-2031)
7.3.2 North America Module Level Power Electronics (MLPE) Consumption Value by Country (2020-2031)
7.3.3 United States Market Size and Forecast (2020-2031)
7.3.4 Canada Market Size and Forecast (2020-2031)
7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
8.1 Europe Module Level Power Electronics (MLPE) Sales Quantity by Type (2020-2031)
8.2 Europe Module Level Power Electronics (MLPE) Sales Quantity by Application (2020-2031)
8.3 Europe Module Level Power Electronics (MLPE) Market Size by Country
8.3.1 Europe Module Level Power Electronics (MLPE) Sales Quantity by Country (2020-2031)
8.3.2 Europe Module Level Power Electronics (MLPE) Consumption Value by Country (2020-2031)
8.3.3 Germany Market Size and Forecast (2020-2031)
8.3.4 France Market Size and Forecast (2020-2031)
8.3.5 United Kingdom Market Size and Forecast (2020-2031)
8.3.6 Russia Market Size and Forecast (2020-2031)
8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific Module Level Power Electronics (MLPE) Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Module Level Power Electronics (MLPE) Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Module Level Power Electronics (MLPE) Market Size by Region
9.3.1 Asia-Pacific Module Level Power Electronics (MLPE) Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific Module Level Power Electronics (MLPE) Consumption Value by Region (2020-2031)
9.3.3 China Market Size and Forecast (2020-2031)
9.3.4 Japan Market Size and Forecast (2020-2031)
9.3.5 South Korea Market Size and Forecast (2020-2031)
9.3.6 India Market Size and Forecast (2020-2031)
9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
10.1 South America Module Level Power Electronics (MLPE) Sales Quantity by Type (2020-2031)
10.2 South America Module Level Power Electronics (MLPE) Sales Quantity by Application (2020-2031)
10.3 South America Module Level Power Electronics (MLPE) Market Size by Country
10.3.1 South America Module Level Power Electronics (MLPE) Sales Quantity by Country (2020-2031)
10.3.2 South America Module Level Power Electronics (MLPE) Consumption Value by Country (2020-2031)
10.3.3 Brazil Market Size and Forecast (2020-2031)
10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa Module Level Power Electronics (MLPE) Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Module Level Power Electronics (MLPE) Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Module Level Power Electronics (MLPE) Market Size by Country
11.3.1 Middle East & Africa Module Level Power Electronics (MLPE) Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa Module Level Power Electronics (MLPE) Consumption Value by Country (2020-2031)
11.3.3 Turkey Market Size and Forecast (2020-2031)
11.3.4 Egypt Market Size and Forecast (2020-2031)
11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
12.1 Module Level Power Electronics (MLPE) Market Drivers
12.2 Module Level Power Electronics (MLPE) Market Restraints
12.3 Module Level Power Electronics (MLPE) Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Module Level Power Electronics (MLPE) and Key Manufacturers
13.2 Manufacturing Costs Percentage of Module Level Power Electronics (MLPE)
13.3 Module Level Power Electronics (MLPE) Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Module Level Power Electronics (MLPE) Typical Distributors
14.3 Module Level Power Electronics (MLPE) Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Solar Edge
Enphase
Tigo/SMA
APSystems
i-Energy
Lead Solar
Chilicon
BM Solar
Sparq
Hoymiles
Ningbo Deye
NEP
听
听
*If Applicable.
