The global Single Phase Micro Inverter market size is predicted to grow from US$ 546 million in 2025 to US$ 599 million in 2031; it is expected to grow at a CAGR of 1.6% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
A Single Phase Micro Inverter is a compact, standalone power conversion device designed to convert the direct current (DC) generated by solar panels into alternating current (AC). This type of inverter is commonly used in photovoltaic systems, particularly in residential solar power installations. Unlike traditional central inverters, a Single Phase Micro Inverter is typically paired with each solar panel individually, which enhances the overall system efficiency and reliability. It helps minimize the impact of shading, dirt, or other factors that can reduce the performance of a single panel on the entire system.
The operation principle of a Single Phase Micro Inverter is to directly convert the DC voltage from each solar panel into AC power suitable for single-phase electrical systems. Since each inverter operates independently, it can optimize performance based on the condition of the individual panel, which is particularly important in distributed solar power systems. In addition, the small size, ease of installation, and low maintenance costs of micro inverters have led to their widespread use in residential, commercial, and small-scale solar power projects.
Market Development Opportunities & Main Driving Factors
The market for Single Phase Micro Inverters is witnessing significant growth opportunities with the global promotion of renewable energy, especially solar power. The increasing demand for residential and small commercial photovoltaic systems has driven the demand for efficient and reliable inverters. Policy support plays a key role in this marketās development, with many countries introducing green energy policies and subsidies that encourage solar system installations. Additionally, Single Phase Micro Inverters, known for their independent operation, fault isolation, and easy installation, are becoming the preferred choice for consumers and installers, further driving market penetration.
Market Challenges, Risks, & Restraints
Despite the vast potential, the Single Phase Micro Inverter market faces several challenges. Price remains a significant barrier to widespread adoption, especially in price-sensitive markets. Moreover, the market is highly competitive, with numerous companies offering similar products, which may lead to price wars and squeezed profit margins. Technological development imbalance is another risk, as low-quality products could undermine consumer trust and impede market growth. Furthermore, fluctuations in global supply chains and rising raw material costs could impact production costs and delivery timelines.
Downstream Demand Trends
With the continuous growth of residential and small commercial photovoltaic applications, downstream demand is shifting towards higher efficiency, intelligent features, and low maintenance costs. Consumers increasingly prefer Single Phase Micro Inverters that can optimize the performance of each solar panel to enhance overall system efficiency and reliability. Additionally, with the development of smart homes and the Internet of Things, the demand for inverters integrated with smart monitoring functions is rising, driving technological innovation and product upgrades in the field.
The āSingle Phase Micro Inverter Industry Forecastā looks at past sales and reviews total world Single Phase Micro Inverter sales in 2024, providing a comprehensive analysis by region and market sector of projected Single Phase Micro Inverter sales for 2025 through 2031. With Single Phase Micro Inverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Single Phase Micro Inverter industry.
This Insight Report provides a comprehensive analysis of the global Single Phase 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 Single Phase Micro Inverter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firmsā unique position in an accelerating global Single Phase Micro Inverter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Single Phase 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 Single Phase Micro Inverter.
This report presents a comprehensive overview, market shares, and growth opportunities of Single Phase Micro Inverter market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Grid Single Phase Micro Inverter
Off Grid Single Phase Micro Inverter
Segmentation by Application:
Energy
Aerospace
Other
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.
Huawei
Sungrow
Enphase Energy
Tesla
BOE Technology
MingYang Smart Energy
Solis
GCL-Poly Energy
LONGi Green Energy
CECEP Solar Energy
Sun Power Corporation
Delta Energy Systems GmbH
ABB Group
SMA Solar Technology AG
Solar Edge Technologies
P&P Energy Technology Co
Siemens AG
Involar
Key Questions Addressed in this Report
What is the 10-year outlook for the global Single Phase Micro Inverter market?
What factors are driving Single Phase Micro Inverter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Single Phase Micro Inverter market opportunities vary by end market size?
How does Single Phase Micro Inverter 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.
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 Single Phase Micro Inverter Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Single Phase Micro Inverter by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Single Phase Micro Inverter by Country/Region, 2020, 2024 & 2031
2.2 Single Phase Micro Inverter Segment by Type
2.2.1 Grid Single Phase Micro Inverter
2.2.2 Off Grid Single Phase Micro Inverter
2.3 Single Phase Micro Inverter Sales by Type
2.3.1 Global Single Phase Micro Inverter Sales Market Share by Type (2020-2025)
2.3.2 Global Single Phase Micro Inverter Revenue and Market Share by Type (2020-2025)
2.3.3 Global Single Phase Micro Inverter Sale Price by Type (2020-2025)
2.4 Single Phase Micro Inverter Segment by Application
2.4.1 Energy
2.4.2 Aerospace
2.4.3 Other
2.5 Single Phase Micro Inverter Sales by Application
2.5.1 Global Single Phase Micro Inverter Sale Market Share by Application (2020-2025)
2.5.2 Global Single Phase Micro Inverter Revenue and Market Share by Application (2020-2025)
2.5.3 Global Single Phase Micro Inverter Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Single Phase Micro Inverter Breakdown Data by Company
3.1.1 Global Single Phase Micro Inverter Annual Sales by Company (2020-2025)
3.1.2 Global Single Phase Micro Inverter Sales Market Share by Company (2020-2025)
3.2 Global Single Phase Micro Inverter Annual Revenue by Company (2020-2025)
3.2.1 Global Single Phase Micro Inverter Revenue by Company (2020-2025)
3.2.2 Global Single Phase Micro Inverter Revenue Market Share by Company (2020-2025)
3.3 Global Single Phase Micro Inverter Sale Price by Company
3.4 Key Manufacturers Single Phase Micro Inverter Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Single Phase Micro Inverter Product Location Distribution
3.4.2 Players Single Phase 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) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Single Phase Micro Inverter by Geographic Region
4.1 World Historic Single Phase Micro Inverter Market Size by Geographic Region (2020-2025)
4.1.1 Global Single Phase Micro Inverter Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Single Phase Micro Inverter Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Single Phase Micro Inverter Market Size by Country/Region (2020-2025)
4.2.1 Global Single Phase Micro Inverter Annual Sales by Country/Region (2020-2025)
4.2.2 Global Single Phase Micro Inverter Annual Revenue by Country/Region (2020-2025)
4.3 Americas Single Phase Micro Inverter Sales Growth
4.4 APAC Single Phase Micro Inverter Sales Growth
4.5 Europe Single Phase Micro Inverter Sales Growth
4.6 Middle East & Africa Single Phase Micro Inverter Sales Growth
5 Americas
5.1 Americas Single Phase Micro Inverter Sales by Country
5.1.1 Americas Single Phase Micro Inverter Sales by Country (2020-2025)
5.1.2 Americas Single Phase Micro Inverter Revenue by Country (2020-2025)
5.2 Americas Single Phase Micro Inverter Sales by Type (2020-2025)
5.3 Americas Single Phase Micro Inverter Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Single Phase Micro Inverter Sales by Region
6.1.1 APAC Single Phase Micro Inverter Sales by Region (2020-2025)
6.1.2 APAC Single Phase Micro Inverter Revenue by Region (2020-2025)
6.2 APAC Single Phase Micro Inverter Sales by Type (2020-2025)
6.3 APAC Single Phase Micro 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 Single Phase Micro Inverter by Country
7.1.1 Europe Single Phase Micro Inverter Sales by Country (2020-2025)
7.1.2 Europe Single Phase Micro Inverter Revenue by Country (2020-2025)
7.2 Europe Single Phase Micro Inverter Sales by Type (2020-2025)
7.3 Europe Single Phase Micro 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 Single Phase Micro Inverter by Country
8.1.1 Middle East & Africa Single Phase Micro Inverter Sales by Country (2020-2025)
8.1.2 Middle East & Africa Single Phase Micro Inverter Revenue by Country (2020-2025)
8.2 Middle East & Africa Single Phase Micro Inverter Sales by Type (2020-2025)
8.3 Middle East & Africa Single Phase Micro 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 Single Phase Micro Inverter
10.3 Manufacturing Process Analysis of Single Phase Micro Inverter
10.4 Industry Chain Structure of Single Phase Micro Inverter
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Single Phase Micro Inverter Distributors
11.3 Single Phase Micro Inverter Customer
12 World Forecast Review for Single Phase Micro Inverter by Geographic Region
12.1 Global Single Phase Micro Inverter Market Size Forecast by Region
12.1.1 Global Single Phase Micro Inverter Forecast by Region (2026-2031)
12.1.2 Global Single Phase Micro 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 Single Phase Micro Inverter Forecast by Type (2026-2031)
12.7 Global Single Phase Micro Inverter Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Huawei
13.1.1 Huawei Company Information
13.1.2 Huawei Single Phase Micro Inverter Product Portfolios and Specifications
13.1.3 Huawei Single Phase Micro Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Huawei Main Business Overview
13.1.5 Huawei Latest Developments
13.2 Sungrow
13.2.1 Sungrow Company Information
13.2.2 Sungrow Single Phase Micro Inverter Product Portfolios and Specifications
13.2.3 Sungrow Single Phase Micro Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Sungrow Main Business Overview
13.2.5 Sungrow Latest Developments
13.3 Enphase Energy
13.3.1 Enphase Energy Company Information
13.3.2 Enphase Energy Single Phase Micro Inverter Product Portfolios and Specifications
13.3.3 Enphase Energy Single Phase Micro Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Enphase Energy Main Business Overview
13.3.5 Enphase Energy Latest Developments
13.4 Tesla
13.4.1 Tesla Company Information
13.4.2 Tesla Single Phase Micro Inverter Product Portfolios and Specifications
13.4.3 Tesla Single Phase Micro Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Tesla Main Business Overview
13.4.5 Tesla Latest Developments
13.5 BOE Technology
13.5.1 BOE Technology Company Information
13.5.2 BOE Technology Single Phase Micro Inverter Product Portfolios and Specifications
13.5.3 BOE Technology Single Phase Micro Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 BOE Technology Main Business Overview
13.5.5 BOE Technology Latest Developments
13.6 MingYang Smart Energy
13.6.1 MingYang Smart Energy Company Information
13.6.2 MingYang Smart Energy Single Phase Micro Inverter Product Portfolios and Specifications
13.6.3 MingYang Smart Energy Single Phase Micro Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 MingYang Smart Energy Main Business Overview
13.6.5 MingYang Smart Energy Latest Developments
13.7 Solis
13.7.1 Solis Company Information
13.7.2 Solis Single Phase Micro Inverter Product Portfolios and Specifications
13.7.3 Solis Single Phase Micro Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Solis Main Business Overview
13.7.5 Solis Latest Developments
13.8 GCL-Poly Energy
13.8.1 GCL-Poly Energy Company Information
13.8.2 GCL-Poly Energy Single Phase Micro Inverter Product Portfolios and Specifications
13.8.3 GCL-Poly Energy Single Phase Micro Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 GCL-Poly Energy Main Business Overview
13.8.5 GCL-Poly Energy Latest Developments
13.9 LONGi Green Energy
13.9.1 LONGi Green Energy Company Information
13.9.2 LONGi Green Energy Single Phase Micro Inverter Product Portfolios and Specifications
13.9.3 LONGi Green Energy Single Phase Micro Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 LONGi Green Energy Main Business Overview
13.9.5 LONGi Green Energy Latest Developments
13.10 CECEP Solar Energy
13.10.1 CECEP Solar Energy Company Information
13.10.2 CECEP Solar Energy Single Phase Micro Inverter Product Portfolios and Specifications
13.10.3 CECEP Solar Energy Single Phase Micro Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 CECEP Solar Energy Main Business Overview
13.10.5 CECEP Solar Energy Latest Developments
13.11 Sun Power Corporation
13.11.1 Sun Power Corporation Company Information
13.11.2 Sun Power Corporation Single Phase Micro Inverter Product Portfolios and Specifications
13.11.3 Sun Power Corporation Single Phase Micro Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Sun Power Corporation Main Business Overview
13.11.5 Sun Power Corporation Latest Developments
13.12 Delta Energy Systems GmbH
13.12.1 Delta Energy Systems GmbH Company Information
13.12.2 Delta Energy Systems GmbH Single Phase Micro Inverter Product Portfolios and Specifications
13.12.3 Delta Energy Systems GmbH Single Phase Micro Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Delta Energy Systems GmbH Main Business Overview
13.12.5 Delta Energy Systems GmbH Latest Developments
13.13 ABB Group
13.13.1 ABB Group Company Information
13.13.2 ABB Group Single Phase Micro Inverter Product Portfolios and Specifications
13.13.3 ABB Group Single Phase Micro Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 ABB Group Main Business Overview
13.13.5 ABB Group Latest Developments
13.14 SMA Solar Technology AG
13.14.1 SMA Solar Technology AG Company Information
13.14.2 SMA Solar Technology AG Single Phase Micro Inverter Product Portfolios and Specifications
13.14.3 SMA Solar Technology AG Single Phase Micro Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 SMA Solar Technology AG Main Business Overview
13.14.5 SMA Solar Technology AG Latest Developments
13.15 Solar Edge Technologies
13.15.1 Solar Edge Technologies Company Information
13.15.2 Solar Edge Technologies Single Phase Micro Inverter Product Portfolios and Specifications
13.15.3 Solar Edge Technologies Single Phase Micro Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Solar Edge Technologies Main Business Overview
13.15.5 Solar Edge Technologies Latest Developments
13.16 P&P Energy Technology Co
13.16.1 P&P Energy Technology Co Company Information
13.16.2 P&P Energy Technology Co Single Phase Micro Inverter Product Portfolios and Specifications
13.16.3 P&P Energy Technology Co Single Phase Micro Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 P&P Energy Technology Co Main Business Overview
13.16.5 P&P Energy Technology Co Latest Developments
13.17 Siemens AG
13.17.1 Siemens AG Company Information
13.17.2 Siemens AG Single Phase Micro Inverter Product Portfolios and Specifications
13.17.3 Siemens AG Single Phase Micro Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Siemens AG Main Business Overview
13.17.5 Siemens AG Latest Developments
13.18 Involar
13.18.1 Involar Company Information
13.18.2 Involar Single Phase Micro Inverter Product Portfolios and Specifications
13.18.3 Involar Single Phase Micro Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Involar Main Business Overview
13.18.5 Involar Latest Developments
14 Research Findings and Conclusion
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