Global PV Micro Inverter Market Growth 2024-2030

Publication ID:

LPI11242009

Publication Date:

November 28, 2024

Pages:

113

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Energy Trading & Marketing [2]

Electricity [3]

Energy & Utilities [4]

Description:

The global PV Micro Inverter market size was valued at US$ 722.4 million in 2023. With growing demand in downstream market, the PV Micro Inverter is forecast to a readjusted size of US$ 1735.8 million by 2030 with a CAGR of 13.3% during review period.
The research report highlights the growth potential of the global PV Micro Inverter market. PV Micro Inverter are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of PV Micro Inverter. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the PV Micro Inverter market.
PV micro inverters convert direct current (DC) from solar panels into alternate current (AC) of the required frequency. The output from several microinverters is later combined and fed to electrical grids to generate power.
The APAC will be the largest market for solar microinverters during the forecast period . The market in this region will witness significant growth due to the high adoption rate of solar microinverters. The ability of such systems to bolster the energy harvest of a system will compel the populace in this region to adopt solar microinverters.
Key Features:
The report on PV Micro Inverter market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the PV Micro Inverter market. It may include historical data, market segmentation by Type (e.g., Standalone Systems, Integrated Systems), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the PV Micro Inverter market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the PV Micro Inverter market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the PV Micro Inverter industry. This include advancements in PV Micro Inverter technology, PV Micro Inverter new entrants, PV Micro Inverter new investment, and other innovations that are shaping the future of PV Micro Inverter.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the PV Micro Inverter market. It includes factors influencing customer ' purchasing decisions, preferences for PV Micro Inverter product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the PV Micro Inverter market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting PV Micro Inverter market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the PV Micro Inverter market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the PV Micro Inverter industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the PV Micro Inverter market.
Market Segmentation:
PV Micro Inverter market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Standalone Systems
Integrated Systems
Segmentation by application
Residential
Commercial
Utility
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.
ABB
Chilicon Power
Enphase Energy
Renesola
SMA Solar Technology
SolarEdge Technologies
Sungrow Power Supply
Schenzhen Kstar Science & Technology
TMEIC
SunPower Corp
Key Questions Addressed in this Report
What is the 10-year outlook for the global PV Micro Inverter market?
What factors are driving PV Micro Inverter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do PV Micro Inverter market opportunities vary by end market size?
How does PV 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 PV Micro Inverter Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for PV Micro Inverter by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for PV Micro Inverter by Country/Region, 2019, 2023 & 2030
2.2 PV Micro Inverter Segment by Type
2.2.1 Standalone Systems
2.2.2 Integrated Systems
2.3 PV Micro Inverter Sales by Type
2.3.1 Global PV Micro Inverter Sales Market Share by Type (2019-2024)
2.3.2 Global PV Micro Inverter Revenue and Market Share by Type (2019-2024)
2.3.3 Global PV Micro Inverter Sale Price by Type (2019-2024)
2.4 PV Micro Inverter Segment by Application
2.4.1 Residential
2.4.2 Commercial
2.4.3 Utility
2.5 PV Micro Inverter Sales by Application
2.5.1 Global PV Micro Inverter Sale Market Share by Application (2019-2024)
2.5.2 Global PV Micro Inverter Revenue and Market Share by Application (2019-2024)
2.5.3 Global PV Micro Inverter Sale Price by Application (2019-2024)
3 Global PV Micro Inverter by Company
3.1 Global PV Micro Inverter Breakdown Data by Company
3.1.1 Global PV Micro Inverter Annual Sales by Company (2019-2024)
3.1.2 Global PV Micro Inverter Sales Market Share by Company (2019-2024)
3.2 Global PV Micro Inverter Annual Revenue by Company (2019-2024)
3.2.1 Global PV Micro Inverter Revenue by Company (2019-2024)
3.2.2 Global PV Micro Inverter Revenue Market Share by Company (2019-2024)
3.3 Global PV Micro Inverter Sale Price by Company
3.4 Key Manufacturers PV Micro Inverter Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers PV Micro Inverter Product Location Distribution
3.4.2 Players PV 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 PV Micro Inverter by Geographic Region
4.1 World Historic PV Micro Inverter Market Size by Geographic Region (2019-2024)
4.1.1 Global PV Micro Inverter Annual Sales by Geographic Region (2019-2024)
4.1.2 Global PV Micro Inverter Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic PV Micro Inverter Market Size by Country/Region (2019-2024)
4.2.1 Global PV Micro Inverter Annual Sales by Country/Region (2019-2024)
4.2.2 Global PV Micro Inverter Annual Revenue by Country/Region (2019-2024)
4.3 Americas PV Micro Inverter Sales Growth
4.4 APAC PV Micro Inverter Sales Growth
4.5 Europe PV Micro Inverter Sales Growth
4.6 Middle East & Africa PV Micro Inverter Sales Growth
5 Americas
5.1 Americas PV Micro Inverter Sales by Country
5.1.1 Americas PV Micro Inverter Sales by Country (2019-2024)
5.1.2 Americas PV Micro Inverter Revenue by Country (2019-2024)
5.2 Americas PV Micro Inverter Sales by Type
5.3 Americas PV Micro Inverter Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC PV Micro Inverter Sales by Region
6.1.1 APAC PV Micro Inverter Sales by Region (2019-2024)
6.1.2 APAC PV Micro Inverter Revenue by Region (2019-2024)
6.2 APAC PV Micro Inverter Sales by Type
6.3 APAC PV 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 PV Micro Inverter by Country
7.1.1 Europe PV Micro Inverter Sales by Country (2019-2024)
7.1.2 Europe PV Micro Inverter Revenue by Country (2019-2024)
7.2 Europe PV Micro Inverter Sales by Type
7.3 Europe PV 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 PV Micro Inverter by Country
8.1.1 Middle East & Africa PV Micro Inverter Sales by Country (2019-2024)
8.1.2 Middle East & Africa PV Micro Inverter Revenue by Country (2019-2024)
8.2 Middle East & Africa PV Micro Inverter Sales by Type
8.3 Middle East & Africa PV 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 PV Micro Inverter
10.3 Manufacturing Process Analysis of PV Micro Inverter
10.4 Industry Chain Structure of PV Micro Inverter
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 PV Micro Inverter Distributors
11.3 PV Micro Inverter Customer
12 World Forecast Review for PV Micro Inverter by Geographic Region
12.1 Global PV Micro Inverter Market Size Forecast by Region
12.1.1 Global PV Micro Inverter Forecast by Region (2025-2030)
12.1.2 Global PV 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 PV Micro Inverter Forecast by Type
12.7 Global PV Micro Inverter Forecast by Application
13 Key Players Analysis
13.1 ABB
13.1.1 ABB Company Information
13.1.2 ABB PV Micro Inverter Product Portfolios and Specifications
13.1.3 ABB PV Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 ABB Main Business Overview
13.1.5 ABB Latest Developments
13.2 Chilicon Power
13.2.1 Chilicon Power Company Information
13.2.2 Chilicon Power PV Micro Inverter Product Portfolios and Specifications
13.2.3 Chilicon Power PV Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Chilicon Power Main Business Overview
13.2.5 Chilicon Power Latest Developments
13.3 Enphase Energy
13.3.1 Enphase Energy Company Information
13.3.2 Enphase Energy PV Micro Inverter Product Portfolios and Specifications
13.3.3 Enphase Energy PV 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 Renesola
13.4.1 Renesola Company Information
13.4.2 Renesola PV Micro Inverter Product Portfolios and Specifications
13.4.3 Renesola PV Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Renesola Main Business Overview
13.4.5 Renesola Latest Developments
13.5 SMA Solar Technology
13.5.1 SMA Solar Technology Company Information
13.5.2 SMA Solar Technology PV Micro Inverter Product Portfolios and Specifications
13.5.3 SMA Solar Technology PV Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 SMA Solar Technology Main Business Overview
13.5.5 SMA Solar Technology Latest Developments
13.6 SolarEdge Technologies
13.6.1 SolarEdge Technologies Company Information
13.6.2 SolarEdge Technologies PV Micro Inverter Product Portfolios and Specifications
13.6.3 SolarEdge Technologies PV Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 SolarEdge Technologies Main Business Overview
13.6.5 SolarEdge Technologies Latest Developments
13.7 Sungrow Power Supply
13.7.1 Sungrow Power Supply Company Information
13.7.2 Sungrow Power Supply PV Micro Inverter Product Portfolios and Specifications
13.7.3 Sungrow Power Supply PV Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Sungrow Power Supply Main Business Overview
13.7.5 Sungrow Power Supply Latest Developments
13.8 Schenzhen Kstar Science & Technology
13.8.1 Schenzhen Kstar Science & Technology Company Information
13.8.2 Schenzhen Kstar Science & Technology PV Micro Inverter Product Portfolios and Specifications
13.8.3 Schenzhen Kstar Science & Technology PV Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Schenzhen Kstar Science & Technology Main Business Overview
13.8.5 Schenzhen Kstar Science & Technology Latest Developments
13.9 TMEIC
13.9.1 TMEIC Company Information
13.9.2 TMEIC PV Micro Inverter Product Portfolios and Specifications
13.9.3 TMEIC PV Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 TMEIC Main Business Overview
13.9.5 TMEIC Latest Developments
13.10 SunPower Corp
13.10.1 SunPower Corp Company Information
13.10.2 SunPower Corp PV Micro Inverter Product Portfolios and Specifications
13.10.3 SunPower Corp PV Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 SunPower Corp Main Business Overview
13.10.5 SunPower Corp Latest Developments
14 Research Findings and Conclusion

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