
Solar module micro inverter is a photovoltaic inverter that only works with a single solar module, converting the DC power of the solar module into AC power. Its design allows independent parallel operation of multiple micro-inverters in a modular fashion. The advantages of the micro inverter include that it can optimize the power of a single solar module, each module can operate independently, that is, the installation method is ready to use, the installation method and the improvement of fire safety, the lowest cost of system design, And the inventory can also be reduced to a minimum.
The global Solar Module Micro Inverter market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
The “Solar Module Micro Inverter Industry Forecast” looks at past sales and reviews total world Solar Module Micro Inverter sales in 2023, providing a comprehensive analysis by region and market sector of projected Solar Module Micro Inverter sales for 2024 through 2030. With Solar Module Micro Inverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solar Module Micro Inverter industry.
This Insight Report provides a comprehensive analysis of the global Solar Module 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 Solar Module Micro Inverter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Solar Module Micro Inverter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solar Module 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 Solar Module Micro Inverter.
United States market for Solar Module Micro Inverter is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Solar Module Micro Inverter is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Solar Module Micro Inverter is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Solar Module Micro Inverter players cover Enphase Energy, SMA Solar Technology, NEP, Badger Power Electronics, SolarBridge, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Solar Module Micro Inverter market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Low Frequency Inverter
High Frequency Inverter
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
NEP
Badger Power Electronics
SolarBridge
Sparq Systems
Chilicon Power
AP Systems
Renesola
Leadsolar
Hoymiles
Deye
Yuneng Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Solar Module Micro Inverter market?
What factors are driving Solar Module Micro Inverter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Solar Module Micro Inverter market opportunities vary by end market size?
How does Solar Module 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 Solar Module Micro Inverter Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Solar Module Micro Inverter by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Solar Module Micro Inverter by Country/Region, 2019, 2023 & 2030
2.2 Solar Module Micro Inverter Segment by Type
2.2.1 Low Frequency Inverter
2.2.2 High Frequency Inverter
2.3 Solar Module Micro Inverter Sales by Type
2.3.1 Global Solar Module Micro Inverter Sales Market Share by Type (2019-2024)
2.3.2 Global Solar Module Micro Inverter Revenue and Market Share by Type (2019-2024)
2.3.3 Global Solar Module Micro Inverter Sale Price by Type (2019-2024)
2.4 Solar Module Micro Inverter Segment by Application
2.4.1 BIPV
2.4.2 BAPV
2.4.3 Others
2.5 Solar Module Micro Inverter Sales by Application
2.5.1 Global Solar Module Micro Inverter Sale Market Share by Application (2019-2024)
2.5.2 Global Solar Module Micro Inverter Revenue and Market Share by Application (2019-2024)
2.5.3 Global Solar Module Micro Inverter Sale Price by Application (2019-2024)
3 Global by Company
3.1 Global Solar Module Micro Inverter Breakdown Data by Company
3.1.1 Global Solar Module Micro Inverter Annual Sales by Company (2019-2024)
3.1.2 Global Solar Module Micro Inverter Sales Market Share by Company (2019-2024)
3.2 Global Solar Module Micro Inverter Annual Revenue by Company (2019-2024)
3.2.1 Global Solar Module Micro Inverter Revenue by Company (2019-2024)
3.2.2 Global Solar Module Micro Inverter Revenue Market Share by Company (2019-2024)
3.3 Global Solar Module Micro Inverter Sale Price by Company
3.4 Key Manufacturers Solar Module Micro Inverter Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Solar Module Micro Inverter Product Location Distribution
3.4.2 Players Solar Module 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 Market M&A Activity & Strategy
4 World Historic Review for Solar Module Micro Inverter by Geographic Region
4.1 World Historic Solar Module Micro Inverter Market Size by Geographic Region (2019-2024)
4.1.1 Global Solar Module Micro Inverter Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Solar Module Micro Inverter Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Solar Module Micro Inverter Market Size by Country/Region (2019-2024)
4.2.1 Global Solar Module Micro Inverter Annual Sales by Country/Region (2019-2024)
4.2.2 Global Solar Module Micro Inverter Annual Revenue by Country/Region (2019-2024)
4.3 Americas Solar Module Micro Inverter Sales Growth
4.4 APAC Solar Module Micro Inverter Sales Growth
4.5 Europe Solar Module Micro Inverter Sales Growth
4.6 Middle East & Africa Solar Module Micro Inverter Sales Growth
5 Americas
5.1 Americas Solar Module Micro Inverter Sales by Country
5.1.1 Americas Solar Module Micro Inverter Sales by Country (2019-2024)
5.1.2 Americas Solar Module Micro Inverter Revenue by Country (2019-2024)
5.2 Americas Solar Module Micro Inverter Sales by Type (2019-2024)
5.3 Americas Solar Module Micro Inverter Sales by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Solar Module Micro Inverter Sales by Region
6.1.1 APAC Solar Module Micro Inverter Sales by Region (2019-2024)
6.1.2 APAC Solar Module Micro Inverter Revenue by Region (2019-2024)
6.2 APAC Solar Module Micro Inverter Sales by Type (2019-2024)
6.3 APAC Solar Module Micro Inverter Sales by Application (2019-2024)
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 Solar Module Micro Inverter by Country
7.1.1 Europe Solar Module Micro Inverter Sales by Country (2019-2024)
7.1.2 Europe Solar Module Micro Inverter Revenue by Country (2019-2024)
7.2 Europe Solar Module Micro Inverter Sales by Type (2019-2024)
7.3 Europe Solar Module Micro Inverter Sales by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Solar Module Micro Inverter by Country
8.1.1 Middle East & Africa Solar Module Micro Inverter Sales by Country (2019-2024)
8.1.2 Middle East & Africa Solar Module Micro Inverter Revenue by Country (2019-2024)
8.2 Middle East & Africa Solar Module Micro Inverter Sales by Type (2019-2024)
8.3 Middle East & Africa Solar Module Micro Inverter Sales by Application (2019-2024)
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 Solar Module Micro Inverter
10.3 Manufacturing Process Analysis of Solar Module Micro Inverter
10.4 Industry Chain Structure of Solar Module Micro Inverter
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Solar Module Micro Inverter Distributors
11.3 Solar Module Micro Inverter Customer
12 World Forecast Review for Solar Module Micro Inverter by Geographic Region
12.1 Global Solar Module Micro Inverter Market Size Forecast by Region
12.1.1 Global Solar Module Micro Inverter Forecast by Region (2025-2030)
12.1.2 Global Solar Module Micro Inverter Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country (2025-2030)
12.3 APAC Forecast by Region (2025-2030)
12.4 Europe Forecast by Country (2025-2030)
12.5 Middle East & Africa Forecast by Country (2025-2030)
12.6 Global Solar Module Micro Inverter Forecast by Type (2025-2030)
12.7 Global Solar Module Micro Inverter Forecast by Application (2025-2030)
13 Key Players Analysis
13.1 Enphase Energy
13.1.1 Enphase Energy Company Information
13.1.2 Enphase Energy Solar Module Micro Inverter Product Portfolios and Specifications
13.1.3 Enphase Energy Solar Module Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
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 Solar Module Micro Inverter Product Portfolios and Specifications
13.2.3 SMA Solar Technology Solar Module Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 SMA Solar Technology Main Business Overview
13.2.5 SMA Solar Technology Latest Developments
13.3 NEP
13.3.1 NEP Company Information
13.3.2 NEP Solar Module Micro Inverter Product Portfolios and Specifications
13.3.3 NEP Solar Module Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 NEP Main Business Overview
13.3.5 NEP Latest Developments
13.4 Badger Power Electronics
13.4.1 Badger Power Electronics Company Information
13.4.2 Badger Power Electronics Solar Module Micro Inverter Product Portfolios and Specifications
13.4.3 Badger Power Electronics Solar Module Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Badger Power Electronics Main Business Overview
13.4.5 Badger Power Electronics Latest Developments
13.5 SolarBridge
13.5.1 SolarBridge Company Information
13.5.2 SolarBridge Solar Module Micro Inverter Product Portfolios and Specifications
13.5.3 SolarBridge Solar Module Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
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 Solar Module Micro Inverter Product Portfolios and Specifications
13.6.3 Sparq Systems Solar Module Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Sparq Systems Main Business Overview
13.6.5 Sparq Systems Latest Developments
13.7 Chilicon Power
13.7.1 Chilicon Power Company Information
13.7.2 Chilicon Power Solar Module Micro Inverter Product Portfolios and Specifications
13.7.3 Chilicon Power Solar Module Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Chilicon Power Main Business Overview
13.7.5 Chilicon Power Latest Developments
13.8 AP Systems
13.8.1 AP Systems Company Information
13.8.2 AP Systems Solar Module Micro Inverter Product Portfolios and Specifications
13.8.3 AP Systems Solar Module Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 AP Systems Main Business Overview
13.8.5 AP Systems Latest Developments
13.9 Renesola
13.9.1 Renesola Company Information
13.9.2 Renesola Solar Module Micro Inverter Product Portfolios and Specifications
13.9.3 Renesola Solar Module Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Renesola Main Business Overview
13.9.5 Renesola Latest Developments
13.10 Leadsolar
13.10.1 Leadsolar Company Information
13.10.2 Leadsolar Solar Module Micro Inverter Product Portfolios and Specifications
13.10.3 Leadsolar Solar Module Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Leadsolar Main Business Overview
13.10.5 Leadsolar Latest Developments
13.11 Hoymiles
13.11.1 Hoymiles Company Information
13.11.2 Hoymiles Solar Module Micro Inverter Product Portfolios and Specifications
13.11.3 Hoymiles Solar Module Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Hoymiles Main Business Overview
13.11.5 Hoymiles Latest Developments
13.12 Deye
13.12.1 Deye Company Information
13.12.2 Deye Solar Module Micro Inverter Product Portfolios and Specifications
13.12.3 Deye Solar Module Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Deye Main Business Overview
13.12.5 Deye Latest Developments
13.13 Yuneng Technology
13.13.1 Yuneng Technology Company Information
13.13.2 Yuneng Technology Solar Module Micro Inverter Product Portfolios and Specifications
13.13.3 Yuneng Technology Solar Module Micro Inverter Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Yuneng Technology Main Business Overview
13.13.5 Yuneng Technology Latest Developments
14 Research Findings and Conclusion
*If Applicable.
