Global Parallel Microinverter Market Growth 2025-2031

Publication ID:

LPI07259876

Publication Date:

July 31, 2025

Pages:

117

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Energy Trading & Marketing [2]

Electricity [3]

Energy & Utilities [4]

Description:

The global Parallel Microinverter 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.
Parallel microinverters are small devices installed on solar panels that convert the DC output of a photovoltaic (PV) panel into AC. These inverters use maximum power point tracking (MPPT) to get maximum power from the PV array.
United States market for Parallel Microinverter 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 Parallel Microinverter 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 Parallel Microinverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Parallel Microinverter players cover Enphase Energy, SMA Solar Technology, SolarEdge Technologies, NEP, SolarBridge, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The 鈥淧arallel Microinverter Industry Forecast鈥� looks at past sales and reviews total world Parallel Microinverter sales in 2024, providing a comprehensive analysis by region and market sector of projected Parallel Microinverter sales for 2025 through 2031. With Parallel Microinverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Parallel Microinverter industry.
This Insight Report provides a comprehensive analysis of the global Parallel Microinverter 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 Parallel Microinverter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Parallel Microinverter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Parallel Microinverter 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 Parallel Microinverter.
This report presents a comprehensive overview, market shares, and growth opportunities of Parallel Microinverter market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Single Phase
Three Phase
Segmentation by Application:
BIPV
BAPV
Others
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
SMA Solar Technology
SolarEdge Technologies
NEP
SolarBridge
Sparq Systems
Fimer SpA
Chilicon Power
Apsystems
Renesola
Leadsolar
Hoymiles
Huawei
Deye
Yuneng Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Parallel Microinverter market?
What factors are driving Parallel Microinverter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Parallel Microinverter market opportunities vary by end market size?
How does Parallel Microinverter break out by Type, by 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 Parallel Microinverter Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Parallel Microinverter by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Parallel Microinverter by Country/Region, 2020, 2024 & 2031
2.2 Parallel Microinverter Segment by Type
2.2.1 Single Phase
2.2.2 Three Phase
2.3 Parallel Microinverter Sales by Type
2.3.1 Global Parallel Microinverter Sales Market Share by Type (2020-2025)
2.3.2 Global Parallel Microinverter Revenue and Market Share by Type (2020-2025)
2.3.3 Global Parallel Microinverter Sale Price by Type (2020-2025)
2.4 Parallel Microinverter Segment by Application
2.4.1 BIPV
2.4.2 BAPV
2.4.3 Others
2.5 Parallel Microinverter Sales by Application
2.5.1 Global Parallel Microinverter Sale Market Share by Application (2020-2025)
2.5.2 Global Parallel Microinverter Revenue and Market Share by Application (2020-2025)
2.5.3 Global Parallel Microinverter Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Parallel Microinverter Breakdown Data by Company
3.1.1 Global Parallel Microinverter Annual Sales by Company (2020-2025)
3.1.2 Global Parallel Microinverter Sales Market Share by Company (2020-2025)
3.2 Global Parallel Microinverter Annual Revenue by Company (2020-2025)
3.2.1 Global Parallel Microinverter Revenue by Company (2020-2025)
3.2.2 Global Parallel Microinverter Revenue Market Share by Company (2020-2025)
3.3 Global Parallel Microinverter Sale Price by Company
3.4 Key Manufacturers Parallel Microinverter Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Parallel Microinverter Product Location Distribution
3.4.2 Players Parallel Microinverter 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 Parallel Microinverter by Geographic Region
4.1 World Historic Parallel Microinverter Market Size by Geographic Region (2020-2025)
4.1.1 Global Parallel Microinverter Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Parallel Microinverter Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Parallel Microinverter Market Size by Country/Region (2020-2025)
4.2.1 Global Parallel Microinverter Annual Sales by Country/Region (2020-2025)
4.2.2 Global Parallel Microinverter Annual Revenue by Country/Region (2020-2025)
4.3 Americas Parallel Microinverter Sales Growth
4.4 APAC Parallel Microinverter Sales Growth
4.5 Europe Parallel Microinverter Sales Growth
4.6 Middle East & Africa Parallel Microinverter Sales Growth
5 Americas
5.1 Americas Parallel Microinverter Sales by Country
5.1.1 Americas Parallel Microinverter Sales by Country (2020-2025)
5.1.2 Americas Parallel Microinverter Revenue by Country (2020-2025)
5.2 Americas Parallel Microinverter Sales by Type (2020-2025)
5.3 Americas Parallel Microinverter Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Parallel Microinverter Sales by Region
6.1.1 APAC Parallel Microinverter Sales by Region (2020-2025)
6.1.2 APAC Parallel Microinverter Revenue by Region (2020-2025)
6.2 APAC Parallel Microinverter Sales by Type (2020-2025)
6.3 APAC Parallel Microinverter 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 Parallel Microinverter by Country
7.1.1 Europe Parallel Microinverter Sales by Country (2020-2025)
7.1.2 Europe Parallel Microinverter Revenue by Country (2020-2025)
7.2 Europe Parallel Microinverter Sales by Type (2020-2025)
7.3 Europe Parallel Microinverter 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 Parallel Microinverter by Country
8.1.1 Middle East & Africa Parallel Microinverter Sales by Country (2020-2025)
8.1.2 Middle East & Africa Parallel Microinverter Revenue by Country (2020-2025)
8.2 Middle East & Africa Parallel Microinverter Sales by Type (2020-2025)
8.3 Middle East & Africa Parallel Microinverter 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 Parallel Microinverter
10.3 Manufacturing Process Analysis of Parallel Microinverter
10.4 Industry Chain Structure of Parallel Microinverter
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Parallel Microinverter Distributors
11.3 Parallel Microinverter Customer
12 World Forecast Review for Parallel Microinverter by Geographic Region
12.1 Global Parallel Microinverter Market Size Forecast by Region
12.1.1 Global Parallel Microinverter Forecast by Region (2026-2031)
12.1.2 Global Parallel Microinverter 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 Parallel Microinverter Forecast by Type (2026-2031)
12.7 Global Parallel Microinverter 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 Parallel Microinverter Product Portfolios and Specifications
13.1.3 Enphase Energy Parallel Microinverter 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 SMA Solar Technology
13.2.1 SMA Solar Technology Company Information
13.2.2 SMA Solar Technology Parallel Microinverter Product Portfolios and Specifications
13.2.3 SMA Solar Technology Parallel Microinverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 SMA Solar Technology Main Business Overview
13.2.5 SMA Solar Technology Latest Developments
13.3 SolarEdge Technologies
13.3.1 SolarEdge Technologies Company Information
13.3.2 SolarEdge Technologies Parallel Microinverter Product Portfolios and Specifications
13.3.3 SolarEdge Technologies Parallel Microinverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 SolarEdge Technologies Main Business Overview
13.3.5 SolarEdge Technologies Latest Developments
13.4 NEP
13.4.1 NEP Company Information
13.4.2 NEP Parallel Microinverter Product Portfolios and Specifications
13.4.3 NEP Parallel Microinverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 NEP Main Business Overview
13.4.5 NEP Latest Developments
13.5 SolarBridge
13.5.1 SolarBridge Company Information
13.5.2 SolarBridge Parallel Microinverter Product Portfolios and Specifications
13.5.3 SolarBridge Parallel Microinverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 SolarBridge Main Business Overview
13.5.5 SolarBridge Latest Developments
13.6 Sparq Systems
13.6.1 Sparq Systems Company Information
13.6.2 Sparq Systems Parallel Microinverter Product Portfolios and Specifications
13.6.3 Sparq Systems Parallel Microinverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Sparq Systems Main Business Overview
13.6.5 Sparq Systems Latest Developments
13.7 Fimer SpA
13.7.1 Fimer SpA Company Information
13.7.2 Fimer SpA Parallel Microinverter Product Portfolios and Specifications
13.7.3 Fimer SpA Parallel Microinverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Fimer SpA Main Business Overview
13.7.5 Fimer SpA Latest Developments
13.8 Chilicon Power
13.8.1 Chilicon Power Company Information
13.8.2 Chilicon Power Parallel Microinverter Product Portfolios and Specifications
13.8.3 Chilicon Power Parallel Microinverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Chilicon Power Main Business Overview
13.8.5 Chilicon Power Latest Developments
13.9 Apsystems
13.9.1 Apsystems Company Information
13.9.2 Apsystems Parallel Microinverter Product Portfolios and Specifications
13.9.3 Apsystems Parallel Microinverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Apsystems Main Business Overview
13.9.5 Apsystems Latest Developments
13.10 Renesola
13.10.1 Renesola Company Information
13.10.2 Renesola Parallel Microinverter Product Portfolios and Specifications
13.10.3 Renesola Parallel Microinverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Renesola Main Business Overview
13.10.5 Renesola Latest Developments
13.11 Leadsolar
13.11.1 Leadsolar Company Information
13.11.2 Leadsolar Parallel Microinverter Product Portfolios and Specifications
13.11.3 Leadsolar Parallel Microinverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Leadsolar Main Business Overview
13.11.5 Leadsolar Latest Developments
13.12 Hoymiles
13.12.1 Hoymiles Company Information
13.12.2 Hoymiles Parallel Microinverter Product Portfolios and Specifications
13.12.3 Hoymiles Parallel Microinverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Hoymiles Main Business Overview
13.12.5 Hoymiles Latest Developments
13.13 Huawei
13.13.1 Huawei Company Information
13.13.2 Huawei Parallel Microinverter Product Portfolios and Specifications
13.13.3 Huawei Parallel Microinverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Huawei Main Business Overview
13.13.5 Huawei Latest Developments
13.14 Deye
13.14.1 Deye Company Information
13.14.2 Deye Parallel Microinverter Product Portfolios and Specifications
13.14.3 Deye Parallel Microinverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Deye Main Business Overview
13.14.5 Deye Latest Developments
13.15 Yuneng Technology
13.15.1 Yuneng Technology Company Information
13.15.2 Yuneng Technology Parallel Microinverter Product Portfolios and Specifications
13.15.3 Yuneng Technology Parallel Microinverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Yuneng Technology Main Business Overview
13.15.5 Yuneng Technology Latest Developments
14 Research Findings and Conclusion

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