The global Component Level Inverter market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
Module-level inverters, also known as "micro-inverters", are mainly used in distributed photovoltaic power generation scenarios where the scale of power generation is much smaller, and work by individually tracking the maximum power point of a few or even each photovoltaic module, which is then inverted and connected to the grid.
United States market for Component Level Inverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Component Level Inverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Component Level Inverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Component Level Inverter players cover Enphase Energy, ABB Group, SunPower, SMA Solar Technology, Delta Energy Systems, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The 鈥淐omponent Level Inverter Industry Forecast鈥� looks at past sales and reviews total world Component Level Inverter sales in 2024, providing a comprehensive analysis by region and market sector of projected Component Level Inverter sales for 2025 through 2031. With Component Level Inverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Component Level Inverter industry.
This Insight Report provides a comprehensive analysis of the global Component Level Inverter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Component Level Inverter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Component Level Inverter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Component Level Inverter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Component Level Inverter.
This report presents a comprehensive overview, market shares, and growth opportunities of Component Level Inverter market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Single Phase
Three Phase
Segmentation by Application:
Residential
Commercial
Public Utilities
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Enphase Energy
ABB Group
SunPower
SMA Solar Technology
Delta Energy Systems
SolarEdge Technologies
ReneSola
Siemens
P&P Energy Technology
Involar
Alencon Systems
Delta Energy
Altenergy Power
Ampt
Array Power
Chilicon Power
i-Energy
KACO New Energy
Petra Systems
Solantro
Sparq Systems
Tigo Energy
Yuneng Technology Co., Ltd.
Hoymiles Power Electronics Inc.
Ningbo Deye Technology Co., Ltd.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Component Level Inverter market?
What factors are driving Component Level Inverter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Component Level Inverter market opportunities vary by end market size?
How does Component Level Inverter break out by Type, by Application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Component Level Inverter Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Component Level Inverter by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Component Level Inverter by Country/Region, 2020, 2024 & 2031
2.2 Component Level Inverter Segment by Type
2.2.1 Single Phase
2.2.2 Three Phase
2.3 Component Level Inverter Sales by Type
2.3.1 Global Component Level Inverter Sales Market Share by Type (2020-2025)
2.3.2 Global Component Level Inverter Revenue and Market Share by Type (2020-2025)
2.3.3 Global Component Level Inverter Sale Price by Type (2020-2025)
2.4 Component Level Inverter Segment by Application
2.4.1 Residential
2.4.2 Commercial
2.4.3 Public Utilities
2.5 Component Level Inverter Sales by Application
2.5.1 Global Component Level Inverter Sale Market Share by Application (2020-2025)
2.5.2 Global Component Level Inverter Revenue and Market Share by Application (2020-2025)
2.5.3 Global Component Level Inverter Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Component Level Inverter Breakdown Data by Company
3.1.1 Global Component Level Inverter Annual Sales by Company (2020-2025)
3.1.2 Global Component Level Inverter Sales Market Share by Company (2020-2025)
3.2 Global Component Level Inverter Annual Revenue by Company (2020-2025)
3.2.1 Global Component Level Inverter Revenue by Company (2020-2025)
3.2.2 Global Component Level Inverter Revenue Market Share by Company (2020-2025)
3.3 Global Component Level Inverter Sale Price by Company
3.4 Key Manufacturers Component Level Inverter Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Component Level Inverter Product Location Distribution
3.4.2 Players Component Level Inverter Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Component Level Inverter by Geographic Region
4.1 World Historic Component Level Inverter Market Size by Geographic Region (2020-2025)
4.1.1 Global Component Level Inverter Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Component Level Inverter Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Component Level Inverter Market Size by Country/Region (2020-2025)
4.2.1 Global Component Level Inverter Annual Sales by Country/Region (2020-2025)
4.2.2 Global Component Level Inverter Annual Revenue by Country/Region (2020-2025)
4.3 Americas Component Level Inverter Sales Growth
4.4 APAC Component Level Inverter Sales Growth
4.5 Europe Component Level Inverter Sales Growth
4.6 Middle East & Africa Component Level Inverter Sales Growth
5 Americas
5.1 Americas Component Level Inverter Sales by Country
5.1.1 Americas Component Level Inverter Sales by Country (2020-2025)
5.1.2 Americas Component Level Inverter Revenue by Country (2020-2025)
5.2 Americas Component Level Inverter Sales by Type (2020-2025)
5.3 Americas Component Level Inverter Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Component Level Inverter Sales by Region
6.1.1 APAC Component Level Inverter Sales by Region (2020-2025)
6.1.2 APAC Component Level Inverter Revenue by Region (2020-2025)
6.2 APAC Component Level Inverter Sales by Type (2020-2025)
6.3 APAC Component Level Inverter Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Component Level Inverter by Country
7.1.1 Europe Component Level Inverter Sales by Country (2020-2025)
7.1.2 Europe Component Level Inverter Revenue by Country (2020-2025)
7.2 Europe Component Level Inverter Sales by Type (2020-2025)
7.3 Europe Component Level Inverter Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Component Level Inverter by Country
8.1.1 Middle East & Africa Component Level Inverter Sales by Country (2020-2025)
8.1.2 Middle East & Africa Component Level Inverter Revenue by Country (2020-2025)
8.2 Middle East & Africa Component Level Inverter Sales by Type (2020-2025)
8.3 Middle East & Africa Component Level Inverter Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Component Level Inverter
10.3 Manufacturing Process Analysis of Component Level Inverter
10.4 Industry Chain Structure of Component Level Inverter
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Component Level Inverter Distributors
11.3 Component Level Inverter Customer
12 World Forecast Review for Component Level Inverter by Geographic Region
12.1 Global Component Level Inverter Market Size Forecast by Region
12.1.1 Global Component Level Inverter Forecast by Region (2026-2031)
12.1.2 Global Component Level Inverter Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Component Level Inverter Forecast by Type (2026-2031)
12.7 Global Component Level Inverter Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Enphase Energy
13.1.1 Enphase Energy Company Information
13.1.2 Enphase Energy Component Level Inverter Product Portfolios and Specifications
13.1.3 Enphase Energy Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Enphase Energy Main Business Overview
13.1.5 Enphase Energy Latest Developments
13.2 ABB Group
13.2.1 ABB Group Company Information
13.2.2 ABB Group Component Level Inverter Product Portfolios and Specifications
13.2.3 ABB Group Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 ABB Group Main Business Overview
13.2.5 ABB Group Latest Developments
13.3 SunPower
13.3.1 SunPower Company Information
13.3.2 SunPower Component Level Inverter Product Portfolios and Specifications
13.3.3 SunPower Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 SunPower Main Business Overview
13.3.5 SunPower Latest Developments
13.4 SMA Solar Technology
13.4.1 SMA Solar Technology Company Information
13.4.2 SMA Solar Technology Component Level Inverter Product Portfolios and Specifications
13.4.3 SMA Solar Technology Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 SMA Solar Technology Main Business Overview
13.4.5 SMA Solar Technology Latest Developments
13.5 Delta Energy Systems
13.5.1 Delta Energy Systems Company Information
13.5.2 Delta Energy Systems Component Level Inverter Product Portfolios and Specifications
13.5.3 Delta Energy Systems Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Delta Energy Systems Main Business Overview
13.5.5 Delta Energy Systems Latest Developments
13.6 SolarEdge Technologies
13.6.1 SolarEdge Technologies Company Information
13.6.2 SolarEdge Technologies Component Level Inverter Product Portfolios and Specifications
13.6.3 SolarEdge Technologies Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 SolarEdge Technologies Main Business Overview
13.6.5 SolarEdge Technologies Latest Developments
13.7 ReneSola
13.7.1 ReneSola Company Information
13.7.2 ReneSola Component Level Inverter Product Portfolios and Specifications
13.7.3 ReneSola Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 ReneSola Main Business Overview
13.7.5 ReneSola Latest Developments
13.8 Siemens
13.8.1 Siemens Company Information
13.8.2 Siemens Component Level Inverter Product Portfolios and Specifications
13.8.3 Siemens Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Siemens Main Business Overview
13.8.5 Siemens Latest Developments
13.9 P&P Energy Technology
13.9.1 P&P Energy Technology Company Information
13.9.2 P&P Energy Technology Component Level Inverter Product Portfolios and Specifications
13.9.3 P&P Energy Technology Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 P&P Energy Technology Main Business Overview
13.9.5 P&P Energy Technology Latest Developments
13.10 Involar
13.10.1 Involar Company Information
13.10.2 Involar Component Level Inverter Product Portfolios and Specifications
13.10.3 Involar Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Involar Main Business Overview
13.10.5 Involar Latest Developments
13.11 Alencon Systems
13.11.1 Alencon Systems Company Information
13.11.2 Alencon Systems Component Level Inverter Product Portfolios and Specifications
13.11.3 Alencon Systems Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Alencon Systems Main Business Overview
13.11.5 Alencon Systems Latest Developments
13.12 Delta Energy
13.12.1 Delta Energy Company Information
13.12.2 Delta Energy Component Level Inverter Product Portfolios and Specifications
13.12.3 Delta Energy Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Delta Energy Main Business Overview
13.12.5 Delta Energy Latest Developments
13.13 Altenergy Power
13.13.1 Altenergy Power Company Information
13.13.2 Altenergy Power Component Level Inverter Product Portfolios and Specifications
13.13.3 Altenergy Power Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Altenergy Power Main Business Overview
13.13.5 Altenergy Power Latest Developments
13.14 Ampt
13.14.1 Ampt Company Information
13.14.2 Ampt Component Level Inverter Product Portfolios and Specifications
13.14.3 Ampt Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Ampt Main Business Overview
13.14.5 Ampt Latest Developments
13.15 Array Power
13.15.1 Array Power Company Information
13.15.2 Array Power Component Level Inverter Product Portfolios and Specifications
13.15.3 Array Power Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Array Power Main Business Overview
13.15.5 Array Power Latest Developments
13.16 Chilicon Power
13.16.1 Chilicon Power Company Information
13.16.2 Chilicon Power Component Level Inverter Product Portfolios and Specifications
13.16.3 Chilicon Power Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Chilicon Power Main Business Overview
13.16.5 Chilicon Power Latest Developments
13.17 i-Energy
13.17.1 i-Energy Company Information
13.17.2 i-Energy Component Level Inverter Product Portfolios and Specifications
13.17.3 i-Energy Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 i-Energy Main Business Overview
13.17.5 i-Energy Latest Developments
13.18 KACO New Energy
13.18.1 KACO New Energy Company Information
13.18.2 KACO New Energy Component Level Inverter Product Portfolios and Specifications
13.18.3 KACO New Energy Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 KACO New Energy Main Business Overview
13.18.5 KACO New Energy Latest Developments
13.19 Petra Systems
13.19.1 Petra Systems Company Information
13.19.2 Petra Systems Component Level Inverter Product Portfolios and Specifications
13.19.3 Petra Systems Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Petra Systems Main Business Overview
13.19.5 Petra Systems Latest Developments
13.20 Solantro
13.20.1 Solantro Company Information
13.20.2 Solantro Component Level Inverter Product Portfolios and Specifications
13.20.3 Solantro Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 Solantro Main Business Overview
13.20.5 Solantro Latest Developments
13.21 Sparq Systems
13.21.1 Sparq Systems Company Information
13.21.2 Sparq Systems Component Level Inverter Product Portfolios and Specifications
13.21.3 Sparq Systems Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.21.4 Sparq Systems Main Business Overview
13.21.5 Sparq Systems Latest Developments
13.22 Tigo Energy
13.22.1 Tigo Energy Company Information
13.22.2 Tigo Energy Component Level Inverter Product Portfolios and Specifications
13.22.3 Tigo Energy Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.22.4 Tigo Energy Main Business Overview
13.22.5 Tigo Energy Latest Developments
13.23 Yuneng Technology Co., Ltd.
13.23.1 Yuneng Technology Co., Ltd. Company Information
13.23.2 Yuneng Technology Co., Ltd. Component Level Inverter Product Portfolios and Specifications
13.23.3 Yuneng Technology Co., Ltd. Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.23.4 Yuneng Technology Co., Ltd. Main Business Overview
13.23.5 Yuneng Technology Co., Ltd. Latest Developments
13.24 Hoymiles Power Electronics Inc.
13.24.1 Hoymiles Power Electronics Inc. Company Information
13.24.2 Hoymiles Power Electronics Inc. Component Level Inverter Product Portfolios and Specifications
13.24.3 Hoymiles Power Electronics Inc. Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.24.4 Hoymiles Power Electronics Inc. Main Business Overview
13.24.5 Hoymiles Power Electronics Inc. Latest Developments
13.25 Ningbo Deye Technology Co., Ltd.
13.25.1 Ningbo Deye Technology Co., Ltd. Company Information
13.25.2 Ningbo Deye Technology Co., Ltd. Component Level Inverter Product Portfolios and Specifications
13.25.3 Ningbo Deye Technology Co., Ltd. Component Level Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.25.4 Ningbo Deye Technology Co., Ltd. Main Business Overview
13.25.5 Ningbo Deye Technology Co., Ltd. Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
