Module-level inverters, also known as "micro-inverters", are mainly used in distributed photovoltaic power generation scenarios where the scale of power generation is much smaller, and work by individually tracking the maximum power point of a few or even each photovoltaic module, which is then inverted and connected to the grid.
The global Component Level Inverter market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Component Level Inverter is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Component Level Inverter is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Component Level Inverter include Enphase Energy, ABB Group, SunPower, SMA Solar Technology, Delta Energy Systems, SolarEdge Technologies, ReneSola, Siemens and P&P Energy Technology, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Component Level Inverter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Component Level Inverter.
Report Scope
The Component Level Inverter market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Component Level Inverter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Component Level Inverter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Enphase Energy
ABB Group
SunPower
SMA Solar Technology
Delta Energy Systems
SolarEdge Technologies
ReneSola
Siemens
P&P Energy Technology
Involar
Alencon Systems
Delta Energy
Altenergy Power
Ampt
Array Power
Chilicon Power
i-Energy
KACO New Energy
Petra Systems
Solantro
Sparq Systems
Tigo Energy
Yuneng Technology Co., Ltd.
Hoymiles Power Electronics Inc.
Ningbo Deye Technology Co., Ltd.
Segment by Type
Single Phase
Three Phase
Segment by Application
Residential
Commercial
Public Utilities
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Component Level Inverter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Component Level Inverter by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Component Level Inverter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Component Level Inverter Market Overview
1.1 Product Definition
1.2 Component Level Inverter Segment by Type
1.2.1 Global Component Level Inverter Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Single Phase
1.2.3 Three Phase
1.3 Component Level Inverter Segment by Application
1.3.1 Global Component Level Inverter Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.3.4 Public Utilities
1.4 Global Market Growth Prospects
1.4.1 Global Component Level Inverter Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Component Level Inverter Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Component Level Inverter Production Estimates and Forecasts (2019-2030)
1.4.4 Global Component Level Inverter Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Component Level Inverter Production Market Share by Manufacturers (2019-2024)
2.2 Global Component Level Inverter Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Component Level Inverter, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Component Level Inverter Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Component Level Inverter Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Component Level Inverter, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Component Level Inverter, Product Offered and Application
2.8 Global Key Manufacturers of Component Level Inverter, Date of Enter into This Industry
2.9 Component Level Inverter Market Competitive Situation and Trends
2.9.1 Component Level Inverter Market Concentration Rate
2.9.2 Global 5 and 10 Largest Component Level Inverter Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Component Level Inverter Production by Region
3.1 Global Component Level Inverter Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Component Level Inverter Production Value by Region (2019-2030)
3.2.1 Global Component Level Inverter Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Component Level Inverter by Region (2025-2030)
3.3 Global Component Level Inverter Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Component Level Inverter Production by Region (2019-2030)
3.4.1 Global Component Level Inverter Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Component Level Inverter by Region (2025-2030)
3.5 Global Component Level Inverter Market Price Analysis by Region (2019-2024)
3.6 Global Component Level Inverter Production and Value, Year-over-Year Growth
3.6.1 North America Component Level Inverter Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Component Level Inverter Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Component Level Inverter Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Component Level Inverter Production Value Estimates and Forecasts (2019-2030)
4 Component Level Inverter Consumption by Region
4.1 Global Component Level Inverter Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Component Level Inverter Consumption by Region (2019-2030)
4.2.1 Global Component Level Inverter Consumption by Region (2019-2024)
4.2.2 Global Component Level Inverter Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Component Level Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Component Level Inverter Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Component Level Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Component Level Inverter Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Component Level Inverter Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Component Level Inverter Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Component Level Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Component Level Inverter Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Component Level Inverter Production by Type (2019-2030)
5.1.1 Global Component Level Inverter Production by Type (2019-2024)
5.1.2 Global Component Level Inverter Production by Type (2025-2030)
5.1.3 Global Component Level Inverter Production Market Share by Type (2019-2030)
5.2 Global Component Level Inverter Production Value by Type (2019-2030)
5.2.1 Global Component Level Inverter Production Value by Type (2019-2024)
5.2.2 Global Component Level Inverter Production Value by Type (2025-2030)
5.2.3 Global Component Level Inverter Production Value Market Share by Type (2019-2030)
5.3 Global Component Level Inverter Price by Type (2019-2030)
6 Segment by Application
6.1 Global Component Level Inverter Production by Application (2019-2030)
6.1.1 Global Component Level Inverter Production by Application (2019-2024)
6.1.2 Global Component Level Inverter Production by Application (2025-2030)
6.1.3 Global Component Level Inverter Production Market Share by Application (2019-2030)
6.2 Global Component Level Inverter Production Value by Application (2019-2030)
6.2.1 Global Component Level Inverter Production Value by Application (2019-2024)
6.2.2 Global Component Level Inverter Production Value by Application (2025-2030)
6.2.3 Global Component Level Inverter Production Value Market Share by Application (2019-2030)
6.3 Global Component Level Inverter Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Enphase Energy
7.1.1 Enphase Energy Component Level Inverter Corporation Information
7.1.2 Enphase Energy Component Level Inverter Product Portfolio
7.1.3 Enphase Energy Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Enphase Energy Main Business and Markets Served
7.1.5 Enphase Energy Recent Developments/Updates
7.2 ABB Group
7.2.1 ABB Group Component Level Inverter Corporation Information
7.2.2 ABB Group Component Level Inverter Product Portfolio
7.2.3 ABB Group Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.2.4 ABB Group Main Business and Markets Served
7.2.5 ABB Group Recent Developments/Updates
7.3 SunPower
7.3.1 SunPower Component Level Inverter Corporation Information
7.3.2 SunPower Component Level Inverter Product Portfolio
7.3.3 SunPower Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.3.4 SunPower Main Business and Markets Served
7.3.5 SunPower Recent Developments/Updates
7.4 SMA Solar Technology
7.4.1 SMA Solar Technology Component Level Inverter Corporation Information
7.4.2 SMA Solar Technology Component Level Inverter Product Portfolio
7.4.3 SMA Solar Technology Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.4.4 SMA Solar Technology Main Business and Markets Served
7.4.5 SMA Solar Technology Recent Developments/Updates
7.5 Delta Energy Systems
7.5.1 Delta Energy Systems Component Level Inverter Corporation Information
7.5.2 Delta Energy Systems Component Level Inverter Product Portfolio
7.5.3 Delta Energy Systems Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Delta Energy Systems Main Business and Markets Served
7.5.5 Delta Energy Systems Recent Developments/Updates
7.6 SolarEdge Technologies
7.6.1 SolarEdge Technologies Component Level Inverter Corporation Information
7.6.2 SolarEdge Technologies Component Level Inverter Product Portfolio
7.6.3 SolarEdge Technologies Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.6.4 SolarEdge Technologies Main Business and Markets Served
7.6.5 SolarEdge Technologies Recent Developments/Updates
7.7 ReneSola
7.7.1 ReneSola Component Level Inverter Corporation Information
7.7.2 ReneSola Component Level Inverter Product Portfolio
7.7.3 ReneSola Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.7.4 ReneSola Main Business and Markets Served
7.7.5 ReneSola Recent Developments/Updates
7.8 Siemens
7.8.1 Siemens Component Level Inverter Corporation Information
7.8.2 Siemens Component Level Inverter Product Portfolio
7.8.3 Siemens Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Siemens Main Business and Markets Served
7.7.5 Siemens Recent Developments/Updates
7.9 P&P Energy Technology
7.9.1 P&P Energy Technology Component Level Inverter Corporation Information
7.9.2 P&P Energy Technology Component Level Inverter Product Portfolio
7.9.3 P&P Energy Technology Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.9.4 P&P Energy Technology Main Business and Markets Served
7.9.5 P&P Energy Technology Recent Developments/Updates
7.10 Involar
7.10.1 Involar Component Level Inverter Corporation Information
7.10.2 Involar Component Level Inverter Product Portfolio
7.10.3 Involar Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Involar Main Business and Markets Served
7.10.5 Involar Recent Developments/Updates
7.11 Alencon Systems
7.11.1 Alencon Systems Component Level Inverter Corporation Information
7.11.2 Alencon Systems Component Level Inverter Product Portfolio
7.11.3 Alencon Systems Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Alencon Systems Main Business and Markets Served
7.11.5 Alencon Systems Recent Developments/Updates
7.12 Delta Energy
7.12.1 Delta Energy Component Level Inverter Corporation Information
7.12.2 Delta Energy Component Level Inverter Product Portfolio
7.12.3 Delta Energy Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Delta Energy Main Business and Markets Served
7.12.5 Delta Energy Recent Developments/Updates
7.13 Altenergy Power
7.13.1 Altenergy Power Component Level Inverter Corporation Information
7.13.2 Altenergy Power Component Level Inverter Product Portfolio
7.13.3 Altenergy Power Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Altenergy Power Main Business and Markets Served
7.13.5 Altenergy Power Recent Developments/Updates
7.14 Ampt
7.14.1 Ampt Component Level Inverter Corporation Information
7.14.2 Ampt Component Level Inverter Product Portfolio
7.14.3 Ampt Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Ampt Main Business and Markets Served
7.14.5 Ampt Recent Developments/Updates
7.15 Array Power
7.15.1 Array Power Component Level Inverter Corporation Information
7.15.2 Array Power Component Level Inverter Product Portfolio
7.15.3 Array Power Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Array Power Main Business and Markets Served
7.15.5 Array Power Recent Developments/Updates
7.16 Chilicon Power
7.16.1 Chilicon Power Component Level Inverter Corporation Information
7.16.2 Chilicon Power Component Level Inverter Product Portfolio
7.16.3 Chilicon Power Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Chilicon Power Main Business and Markets Served
7.16.5 Chilicon Power Recent Developments/Updates
7.17 i-Energy
7.17.1 i-Energy Component Level Inverter Corporation Information
7.17.2 i-Energy Component Level Inverter Product Portfolio
7.17.3 i-Energy Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.17.4 i-Energy Main Business and Markets Served
7.17.5 i-Energy Recent Developments/Updates
7.18 KACO New Energy
7.18.1 KACO New Energy Component Level Inverter Corporation Information
7.18.2 KACO New Energy Component Level Inverter Product Portfolio
7.18.3 KACO New Energy Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.18.4 KACO New Energy Main Business and Markets Served
7.18.5 KACO New Energy Recent Developments/Updates
7.19 Petra Systems
7.19.1 Petra Systems Component Level Inverter Corporation Information
7.19.2 Petra Systems Component Level Inverter Product Portfolio
7.19.3 Petra Systems Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Petra Systems Main Business and Markets Served
7.19.5 Petra Systems Recent Developments/Updates
7.20 Solantro
7.20.1 Solantro Component Level Inverter Corporation Information
7.20.2 Solantro Component Level Inverter Product Portfolio
7.20.3 Solantro Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.20.4 Solantro Main Business and Markets Served
7.20.5 Solantro Recent Developments/Updates
7.21 Sparq Systems
7.21.1 Sparq Systems Component Level Inverter Corporation Information
7.21.2 Sparq Systems Component Level Inverter Product Portfolio
7.21.3 Sparq Systems Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.21.4 Sparq Systems Main Business and Markets Served
7.21.5 Sparq Systems Recent Developments/Updates
7.22 Tigo Energy
7.22.1 Tigo Energy Component Level Inverter Corporation Information
7.22.2 Tigo Energy Component Level Inverter Product Portfolio
7.22.3 Tigo Energy Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.22.4 Tigo Energy Main Business and Markets Served
7.22.5 Tigo Energy Recent Developments/Updates
7.23 Yuneng Technology Co., Ltd.
7.23.1 Yuneng Technology Co., Ltd. Component Level Inverter Corporation Information
7.23.2 Yuneng Technology Co., Ltd. Component Level Inverter Product Portfolio
7.23.3 Yuneng Technology Co., Ltd. Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.23.4 Yuneng Technology Co., Ltd. Main Business and Markets Served
7.23.5 Yuneng Technology Co., Ltd. Recent Developments/Updates
7.24 Hoymiles Power Electronics Inc.
7.24.1 Hoymiles Power Electronics Inc. Component Level Inverter Corporation Information
7.24.2 Hoymiles Power Electronics Inc. Component Level Inverter Product Portfolio
7.24.3 Hoymiles Power Electronics Inc. Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.24.4 Hoymiles Power Electronics Inc. Main Business and Markets Served
7.24.5 Hoymiles Power Electronics Inc. Recent Developments/Updates
7.25 Ningbo Deye Technology Co., Ltd.
7.25.1 Ningbo Deye Technology Co., Ltd. Component Level Inverter Corporation Information
7.25.2 Ningbo Deye Technology Co., Ltd. Component Level Inverter Product Portfolio
7.25.3 Ningbo Deye Technology Co., Ltd. Component Level Inverter Production, Value, Price and Gross Margin (2019-2024)
7.25.4 Ningbo Deye Technology Co., Ltd. Main Business and Markets Served
7.25.5 Ningbo Deye Technology Co., Ltd. Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Component Level Inverter Industry Chain Analysis
8.2 Component Level Inverter Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Component Level Inverter Production Mode & Process
8.4 Component Level Inverter Sales and Marketing
8.4.1 Component Level Inverter Sales Channels
8.4.2 Component Level Inverter Distributors
8.5 Component Level Inverter Customers
9 Component Level Inverter Market Dynamics
9.1 Component Level Inverter Industry Trends
9.2 Component Level Inverter Market Drivers
9.3 Component Level Inverter Market Challenges
9.4 Component Level Inverter Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Enphase Energy
ABB Group
SunPower
SMA Solar Technology
Delta Energy Systems
SolarEdge Technologies
ReneSola
Siemens
P&P Energy Technology
Involar
Alencon Systems
Delta Energy
Altenergy Power
Ampt
Array Power
Chilicon Power
i-Energy
KACO New Energy
Petra Systems
Solantro
Sparq Systems
Tigo Energy
Yuneng Technology Co., Ltd.
Hoymiles Power Electronics Inc.
Ningbo Deye Technology Co., Ltd.
听
听
*If Applicable.