

Modular 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 modular 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 Modular Micro Inverters 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 Modular Micro Inverters 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 Modular Micro Inverters 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 Modular Micro Inverters include Enphase Energy, SMA Solar Technology, NEP, Badger Power Electronics, SolarBridge, Sparq Systems, Chilicon Power, AP Systems, Renesola, Leadsolar, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Modular Micro Inverters, 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 Modular Micro Inverters.
The Modular Micro Inverters market size, estimations, and forecasts are provided in terms of output/shipments (K Units) 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 Modular Micro Inverters 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 Modular Micro Inverters 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
SMA Solar Technology
NEP
Badger Power Electronics
SolarBridge
Sparq Systems
Chilicon Power
AP Systems
Renesola
Leadsolar
Hoymiles
Deye
Yuneng Technology
by Type
Single Phase
Three Phase
by Application
BIPV
BAPV
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
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 Modular Micro Inverters manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Modular Micro Inverters 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 Modular Micro Inverters 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 Modular Micro Inverters Market Overview
1.1 Product Definition
1.2 Modular Micro Inverters by Type
1.2.1 Global Modular Micro Inverters Market Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Single Phase
1.2.3 Three Phase
1.3 Modular Micro Inverters by Application
1.3.1 Global Modular Micro Inverters Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 BIPV
1.3.3 BAPV
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Modular Micro Inverters Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Modular Micro Inverters Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Modular Micro Inverters Production Estimates and Forecasts (2019-2030)
1.4.4 Global Modular Micro Inverters Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Modular Micro Inverters Production Market Share by Manufacturers (2019-2024)
2.2 Global Modular Micro Inverters Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Modular Micro Inverters, Industry Ranking, 2022 VS 2023
2.4 Global Modular Micro Inverters Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Modular Micro Inverters Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Modular Micro Inverters, Manufacturing Sites & Headquarters
2.7 Global Key Manufacturers of Modular Micro Inverters, Product Type & Application
2.8 Global Key Manufacturers of Modular Micro Inverters, Date of Enter into This Industry
2.9 Global Modular Micro Inverters Market Competitive Situation and Trends
2.9.1 Global Modular Micro Inverters Market Concentration Rate
2.9.2 Global 5 and 10 Largest Modular Micro Inverters Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Modular Micro Inverters Production by Region
3.1 Global Modular Micro Inverters Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Modular Micro Inverters Production Value by Region (2019-2030)
3.2.1 Global Modular Micro Inverters Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Modular Micro Inverters by Region (2025-2030)
3.3 Global Modular Micro Inverters Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Modular Micro Inverters Production by Region (2019-2030)
3.4.1 Global Modular Micro Inverters Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Modular Micro Inverters by Region (2025-2030)
3.5 Global Modular Micro Inverters Market Price Analysis by Region (2019-2024)
3.6 Global Modular Micro Inverters Production and Value, Year-over-Year Growth
3.6.1 North America Modular Micro Inverters Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Modular Micro Inverters Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Modular Micro Inverters Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Modular Micro Inverters Production Value Estimates and Forecasts (2019-2030)
4 Modular Micro Inverters Consumption by Region
4.1 Global Modular Micro Inverters Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Modular Micro Inverters Consumption by Region (2019-2030)
4.2.1 Global Modular Micro Inverters Consumption by Region (2019-2030)
4.2.2 Global Modular Micro Inverters Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Modular Micro Inverters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Modular Micro Inverters Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Modular Micro Inverters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Modular Micro Inverters 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 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Modular Micro Inverters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Modular Micro Inverters 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 Modular Micro Inverters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Modular Micro Inverters Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Modular Micro Inverters Production by Type (2019-2030)
5.1.1 Global Modular Micro Inverters Production by Type (2019-2024)
5.1.2 Global Modular Micro Inverters Production by Type (2025-2030)
5.1.3 Global Modular Micro Inverters Production Market Share by Type (2019-2030)
5.2 Global Modular Micro Inverters Production Value by Type (2019-2030)
5.2.1 Global Modular Micro Inverters Production Value by Type (2019-2024)
5.2.2 Global Modular Micro Inverters Production Value by Type (2025-2030)
5.2.3 Global Modular Micro Inverters Production Value Market Share by Type (2019-2030)
5.3 Global Modular Micro Inverters Price by Type (2019-2030)
6 Segment by Application
6.1 Global Modular Micro Inverters Production by Application (2019-2030)
6.1.1 Global Modular Micro Inverters Production by Application (2019-2024)
6.1.2 Global Modular Micro Inverters Production by Application (2025-2030)
6.1.3 Global Modular Micro Inverters Production Market Share by Application (2019-2030)
6.2 Global Modular Micro Inverters Production Value by Application (2019-2030)
6.2.1 Global Modular Micro Inverters Production Value by Application (2019-2024)
6.2.2 Global Modular Micro Inverters Production Value by Application (2025-2030)
6.2.3 Global Modular Micro Inverters Production Value Market Share by Application (2019-2030)
6.3 Global Modular Micro Inverters Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Enphase Energy
7.1.1 Enphase Energy Modular Micro Inverters Company Information
7.1.2 Enphase Energy Modular Micro Inverters Product Portfolio
7.1.3 Enphase Energy Modular Micro Inverters 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 SMA Solar Technology
7.2.1 SMA Solar Technology Modular Micro Inverters Company Information
7.2.2 SMA Solar Technology Modular Micro Inverters Product Portfolio
7.2.3 SMA Solar Technology Modular Micro Inverters Production, Value, Price and Gross Margin (2019-2024)
7.2.4 SMA Solar Technology Main Business and Markets Served
7.2.5 SMA Solar Technology Recent Developments/Updates
7.3 NEP
7.3.1 NEP Modular Micro Inverters Company Information
7.3.2 NEP Modular Micro Inverters Product Portfolio
7.3.3 NEP Modular Micro Inverters Production, Value, Price and Gross Margin (2019-2024)
7.3.4 NEP Main Business and Markets Served
7.3.5 NEP Recent Developments/Updates
7.4 Badger Power Electronics
7.4.1 Badger Power Electronics Modular Micro Inverters Company Information
7.4.2 Badger Power Electronics Modular Micro Inverters Product Portfolio
7.4.3 Badger Power Electronics Modular Micro Inverters Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Badger Power Electronics Main Business and Markets Served
7.4.5 Badger Power Electronics Recent Developments/Updates
7.5 SolarBridge
7.5.1 SolarBridge Modular Micro Inverters Company Information
7.5.2 SolarBridge Modular Micro Inverters Product Portfolio
7.5.3 SolarBridge Modular Micro Inverters Production, Value, Price and Gross Margin (2019-2024)
7.5.4 SolarBridge Main Business and Markets Served
7.5.5 SolarBridge Recent Developments/Updates
7.6 Sparq Systems
7.6.1 Sparq Systems Modular Micro Inverters Company Information
7.6.2 Sparq Systems Modular Micro Inverters Product Portfolio
7.6.3 Sparq Systems Modular Micro Inverters Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Sparq Systems Main Business and Markets Served
7.6.5 Sparq Systems Recent Developments/Updates
7.7 Chilicon Power
7.7.1 Chilicon Power Modular Micro Inverters Company Information
7.7.2 Chilicon Power Modular Micro Inverters Product Portfolio
7.7.3 Chilicon Power Modular Micro Inverters Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Chilicon Power Main Business and Markets Served
7.7.5 Chilicon Power Recent Developments/Updates
7.8 AP Systems
7.8.1 AP Systems Modular Micro Inverters Company Information
7.8.2 AP Systems Modular Micro Inverters Product Portfolio
7.8.3 AP Systems Modular Micro Inverters Production, Value, Price and Gross Margin (2019-2024)
7.8.4 AP Systems Main Business and Markets Served
7.8.5 AP Systems Recent Developments/Updates
7.9 Renesola
7.9.1 Renesola Modular Micro Inverters Company Information
7.9.2 Renesola Modular Micro Inverters Product Portfolio
7.9.3 Renesola Modular Micro Inverters Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Renesola Main Business and Markets Served
7.9.5 Renesola Recent Developments/Updates
7.10 Leadsolar
7.10.1 Leadsolar Modular Micro Inverters Company Information
7.10.2 Leadsolar Modular Micro Inverters Product Portfolio
7.10.3 Leadsolar Modular Micro Inverters Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Leadsolar Main Business and Markets Served
7.10.5 Leadsolar Recent Developments/Updates
7.11 Hoymiles
7.11.1 Hoymiles Modular Micro Inverters Company Information
7.11.2 Hoymiles Modular Micro Inverters Product Portfolio
7.11.3 Hoymiles Modular Micro Inverters Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Hoymiles Main Business and Markets Served
7.11.5 Hoymiles Recent Developments/Updates
7.12 Deye
7.12.1 Deye Modular Micro Inverters Company Information
7.12.2 Deye Modular Micro Inverters Product Portfolio
7.12.3 Deye Modular Micro Inverters Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Deye Main Business and Markets Served
7.12.5 Deye Recent Developments/Updates
7.13 Yuneng Technology
7.13.1 Yuneng Technology Modular Micro Inverters Company Information
7.13.2 Yuneng Technology Modular Micro Inverters Product Portfolio
7.13.3 Yuneng Technology Modular Micro Inverters Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Yuneng Technology Main Business and Markets Served
7.13.5 Yuneng Technology Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Modular Micro Inverters Industry Chain Analysis
8.2 Modular Micro Inverters Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Modular Micro Inverters Production Mode & Process
8.4 Modular Micro Inverters Sales and Marketing
8.4.1 Modular Micro Inverters Sales Channels
8.4.2 Modular Micro Inverters Distributors
8.5 Modular Micro Inverters Customers
9 Modular Micro Inverters Market Dynamics
9.1 Modular Micro Inverters Industry Trends
9.2 Modular Micro Inverters Market Drivers
9.3 Modular Micro Inverters Market Challenges
9.4 Modular Micro Inverters Market Restraints
10 Research Findings 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
SMA Solar Technology
NEP
Badger Power Electronics
SolarBridge
Sparq Systems
Chilicon Power
AP Systems
Renesola
Leadsolar
Hoymiles
Deye
Yuneng Technology
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*If Applicable.