Global On Grid Micro Inverter Market Growth 2024-2030

Publication ID:

LPI01249474

Publication Date:

February 6, 2024

Pages:

130

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturers [2]

Machinery [3]

Industry & Manufacturing [4]

Description:

On-Grid Micro Inverter is a device used in solar power systems to convert direct current (DC) generated by individual solar panels into alternating current (AC) for use in the electrical grid. Unlike traditional inverters that serve multiple panels, each micro inverter is connected to a single solar panel, optimizing energy production by mitigating the impact of shading or panel mismatch. This technology enhances system efficiency, simplifies monitoring, and allows for modular expansion of solar installations, making On-Grid Micro Inverters a popular choice for residential and commercial solar energy systems seeking increased performance and flexibility.
The global On Grid Micro Inverter market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.
The 鈥淥n Grid Micro Inverter Industry Forecast鈥� looks at past sales and reviews total world On Grid Micro Inverter sales in 2023, providing a comprehensive analysis by region and market sector of projected On Grid Micro Inverter sales for 2024 through 2030. With On Grid Micro Inverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world On Grid Micro Inverter industry.
This Insight Report provides a comprehensive analysis of the global On Grid Micro 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 On Grid Micro Inverter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global On Grid Micro Inverter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for On Grid Micro 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 On Grid Micro Inverter.
The industry trend for On-Grid Micro Inverters reflects a growing preference for decentralized and modular solar power solutions. As solar installations become more common, there is an increasing focus on improving system performance and reliability. The trend involves technological advancements, such as enhanced power optimization, smart grid integration, and improved communication capabilities for remote monitoring. Additionally, the industry is witnessing a shift towards more sustainable and eco-friendly manufacturing processes. On-Grid Micro Inverters contribute to the trend by offering scalability, flexibility, and increased energy harvest, aligning with the broader goals of expanding and optimizing solar power generation globally.
This report presents a comprehensive overview, market shares, and growth opportunities of On Grid Micro 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
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 analyzing the company's coverage, product portfolio, its market penetration.
AP Systems
Delta
Enphase Energy
Fronius International GmbH
Generac Holdings Inc.
Ginglong
Hoymiles
Huawei Technologies Co. Ltd
SMA Solar Technology AG
SolarEdge Technologies, Inc.
Sungrow
Solax
Tesla
JHfon
Yueqing Shanggao New Energy Science&Technology
Beijing Multifit Electrical Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global On Grid Micro Inverter market?
What factors are driving On Grid Micro Inverter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do On Grid Micro Inverter market opportunities vary by end market size?
How does On Grid Micro Inverter break out type, application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

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 On Grid Micro Inverter Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for On Grid Micro Inverter by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for On Grid Micro Inverter by Country/Region, 2019, 2023 & 2030
2.2 On Grid Micro Inverter Segment by Type
2.2.1 Single Phase
2.2.2 Three Phase
2.3 On Grid Micro Inverter Sales by Type
2.3.1 Global On Grid Micro Inverter Sales Market Share by Type (2019-2024)
2.3.2 Global On Grid Micro Inverter Revenue and Market Share by Type (2019-2024)
2.3.3 Global On Grid Micro Inverter Sale Price by Type (2019-2024)
2.4 On Grid Micro Inverter Segment by Application
2.4.1 Residential
2.4.2 Commercial
2.5 On Grid Micro Inverter Sales by Application
2.5.1 Global On Grid Micro Inverter Sale Market Share by Application (2019-2024)
2.5.2 Global On Grid Micro Inverter Revenue and Market Share by Application (2019-2024)
2.5.3 Global On Grid Micro Inverter Sale Price by Application (2019-2024)
3 Global On Grid Micro Inverter by Company
3.1 Global On Grid Micro Inverter Breakdown Data by Company
3.1.1 Global On Grid Micro Inverter Annual Sales by Company (2019-2024)
3.1.2 Global On Grid Micro Inverter Sales Market Share by Company (2019-2024)
3.2 Global On Grid Micro Inverter Annual Revenue by Company (2019-2024)
3.2.1 Global On Grid Micro Inverter Revenue by Company (2019-2024)
3.2.2 Global On Grid Micro Inverter Revenue Market Share by Company (2019-2024)
3.3 Global On Grid Micro Inverter Sale Price by Company
3.4 Key Manufacturers On Grid Micro Inverter Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers On Grid Micro Inverter Product Location Distribution
3.4.2 Players On Grid Micro Inverter Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for On Grid Micro Inverter by Geographic Region
4.1 World Historic On Grid Micro Inverter Market Size by Geographic Region (2019-2024)
4.1.1 Global On Grid Micro Inverter Annual Sales by Geographic Region (2019-2024)
4.1.2 Global On Grid Micro Inverter Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic On Grid Micro Inverter Market Size by Country/Region (2019-2024)
4.2.1 Global On Grid Micro Inverter Annual Sales by Country/Region (2019-2024)
4.2.2 Global On Grid Micro Inverter Annual Revenue by Country/Region (2019-2024)
4.3 Americas On Grid Micro Inverter Sales Growth
4.4 APAC On Grid Micro Inverter Sales Growth
4.5 Europe On Grid Micro Inverter Sales Growth
4.6 Middle East & Africa On Grid Micro Inverter Sales Growth
5 Americas
5.1 Americas On Grid Micro Inverter Sales by Country
5.1.1 Americas On Grid Micro Inverter Sales by Country (2019-2024)
5.1.2 Americas On Grid Micro Inverter Revenue by Country (2019-2024)
5.2 Americas On Grid Micro Inverter Sales by Type
5.3 Americas On Grid Micro Inverter Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC On Grid Micro Inverter Sales by Region
6.1.1 APAC On Grid Micro Inverter Sales by Region (2019-2024)
6.1.2 APAC On Grid Micro Inverter Revenue by Region (2019-2024)
6.2 APAC On Grid Micro Inverter Sales by Type
6.3 APAC On Grid Micro Inverter Sales by Application
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 On Grid Micro Inverter by Country
7.1.1 Europe On Grid Micro Inverter Sales by Country (2019-2024)
7.1.2 Europe On Grid Micro Inverter Revenue by Country (2019-2024)
7.2 Europe On Grid Micro Inverter Sales by Type
7.3 Europe On Grid Micro Inverter Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa On Grid Micro Inverter by Country
8.1.1 Middle East & Africa On Grid Micro Inverter Sales by Country (2019-2024)
8.1.2 Middle East & Africa On Grid Micro Inverter Revenue by Country (2019-2024)
8.2 Middle East & Africa On Grid Micro Inverter Sales by Type
8.3 Middle East & Africa On Grid Micro Inverter Sales by Application
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 On Grid Micro Inverter
10.3 Manufacturing Process Analysis of On Grid Micro Inverter
10.4 Industry Chain Structure of On Grid Micro Inverter
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 On Grid Micro Inverter Distributors
11.3 On Grid Micro Inverter Customer
12 World Forecast Review for On Grid Micro Inverter by Geographic Region
12.1 Global On Grid Micro Inverter Market Size Forecast by Region
12.1.1 Global On Grid Micro Inverter Forecast by Region (2025-2030)
12.1.2 Global On Grid Micro Inverter Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global On Grid Micro Inverter Forecast by Type
12.7 Global On Grid Micro Inverter Forecast by Application
13 Key Players Analysis
13.1 AP Systems
13.1.1 AP Systems Company Information
13.1.2 AP Systems On Grid Micro Inverter Product Portfolios and Specifications
13.1.3 AP Systems On Grid Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 AP Systems Main Business Overview
13.1.5 AP Systems Latest Developments
13.2 Delta
13.2.1 Delta Company Information
13.2.2 Delta On Grid Micro Inverter Product Portfolios and Specifications
13.2.3 Delta On Grid Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Delta Main Business Overview
13.2.5 Delta Latest Developments
13.3 Enphase Energy
13.3.1 Enphase Energy Company Information
13.3.2 Enphase Energy On Grid Micro Inverter Product Portfolios and Specifications
13.3.3 Enphase Energy On Grid Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Enphase Energy Main Business Overview
13.3.5 Enphase Energy Latest Developments
13.4 Fronius International GmbH
13.4.1 Fronius International GmbH Company Information
13.4.2 Fronius International GmbH On Grid Micro Inverter Product Portfolios and Specifications
13.4.3 Fronius International GmbH On Grid Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Fronius International GmbH Main Business Overview
13.4.5 Fronius International GmbH Latest Developments
13.5 Generac Holdings Inc.
13.5.1 Generac Holdings Inc. Company Information
13.5.2 Generac Holdings Inc. On Grid Micro Inverter Product Portfolios and Specifications
13.5.3 Generac Holdings Inc. On Grid Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Generac Holdings Inc. Main Business Overview
13.5.5 Generac Holdings Inc. Latest Developments
13.6 Ginglong
13.6.1 Ginglong Company Information
13.6.2 Ginglong On Grid Micro Inverter Product Portfolios and Specifications
13.6.3 Ginglong On Grid Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Ginglong Main Business Overview
13.6.5 Ginglong Latest Developments
13.7 Hoymiles
13.7.1 Hoymiles Company Information
13.7.2 Hoymiles On Grid Micro Inverter Product Portfolios and Specifications
13.7.3 Hoymiles On Grid Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Hoymiles Main Business Overview
13.7.5 Hoymiles Latest Developments
13.8 Huawei Technologies Co. Ltd
13.8.1 Huawei Technologies Co. Ltd Company Information
13.8.2 Huawei Technologies Co. Ltd On Grid Micro Inverter Product Portfolios and Specifications
13.8.3 Huawei Technologies Co. Ltd On Grid Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Huawei Technologies Co. Ltd Main Business Overview
13.8.5 Huawei Technologies Co. Ltd Latest Developments
13.9 SMA Solar Technology AG
13.9.1 SMA Solar Technology AG Company Information
13.9.2 SMA Solar Technology AG On Grid Micro Inverter Product Portfolios and Specifications
13.9.3 SMA Solar Technology AG On Grid Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 SMA Solar Technology AG Main Business Overview
13.9.5 SMA Solar Technology AG Latest Developments
13.10 SolarEdge Technologies, Inc.
13.10.1 SolarEdge Technologies, Inc. Company Information
13.10.2 SolarEdge Technologies, Inc. On Grid Micro Inverter Product Portfolios and Specifications
13.10.3 SolarEdge Technologies, Inc. On Grid Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 SolarEdge Technologies, Inc. Main Business Overview
13.10.5 SolarEdge Technologies, Inc. Latest Developments
13.11 Sungrow
13.11.1 Sungrow Company Information
13.11.2 Sungrow On Grid Micro Inverter Product Portfolios and Specifications
13.11.3 Sungrow On Grid Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Sungrow Main Business Overview
13.11.5 Sungrow Latest Developments
13.12 Solax
13.12.1 Solax Company Information
13.12.2 Solax On Grid Micro Inverter Product Portfolios and Specifications
13.12.3 Solax On Grid Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Solax Main Business Overview
13.12.5 Solax Latest Developments
13.13 Tesla
13.13.1 Tesla Company Information
13.13.2 Tesla On Grid Micro Inverter Product Portfolios and Specifications
13.13.3 Tesla On Grid Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Tesla Main Business Overview
13.13.5 Tesla Latest Developments
13.14 JHfon
13.14.1 JHfon Company Information
13.14.2 JHfon On Grid Micro Inverter Product Portfolios and Specifications
13.14.3 JHfon On Grid Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 JHfon Main Business Overview
13.14.5 JHfon Latest Developments
13.15 Yueqing Shanggao New Energy Science&Technology
13.15.1 Yueqing Shanggao New Energy Science&Technology Company Information
13.15.2 Yueqing Shanggao New Energy Science&Technology On Grid Micro Inverter Product Portfolios and Specifications
13.15.3 Yueqing Shanggao New Energy Science&Technology On Grid Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Yueqing Shanggao New Energy Science&Technology Main Business Overview
13.15.5 Yueqing Shanggao New Energy Science&Technology Latest Developments
13.16 Beijing Multifit Electrical Technology
13.16.1 Beijing Multifit Electrical Technology Company Information
13.16.2 Beijing Multifit Electrical Technology On Grid Micro Inverter Product Portfolios and Specifications
13.16.3 Beijing Multifit Electrical Technology On Grid Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 Beijing Multifit Electrical Technology Main Business Overview
13.16.5 Beijing Multifit Electrical Technology Latest Developments
14 Research Findings and Conclusion

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