The global market for Single Phase Parallel Microinverter was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
Single phase parallel microinverters are small devices installed on solar panels that convert the DC output of a photovoltaic (PV) panel into AC. These inverters use maximum power point tracking (MPPT) to get maximum power from the PV array.
North American market for Single Phase Parallel Microinverter is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Single Phase Parallel Microinverter is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Single Phase Parallel Microinverter include Enphase Energy, SMA Solar Technology, SolarEdge Technologies, NEP, SolarBridge, Sparq Systems, Fimer SpA, Chilicon Power, Apsystems, Renesola, etc. In 2024, 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 Single Phase Parallel Microinverter, 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 Single Phase Parallel Microinverter.
The Single Phase Parallel Microinverter market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Single Phase Parallel Microinverter 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 Single Phase Parallel Microinverter 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
SolarEdge Technologies
NEP
SolarBridge
Sparq Systems
Fimer SpA
Chilicon Power
Apsystems
Renesola
Leadsolar
Hoymiles
Huawei
Deye
Yuneng Technology
by Type
Grid-Connected
Grid-Off
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 Single Phase Parallel Microinverter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Single Phase Parallel Microinverter 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 Single Phase Parallel Microinverter 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 Single Phase Parallel Microinverter Market Overview
1.1 Product Definition
1.2 Single Phase Parallel Microinverter by Type
1.2.1 Global Single Phase Parallel Microinverter Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Grid-Connected
1.2.3 Grid-Off
1.3 Single Phase Parallel Microinverter by Application
1.3.1 Global Single Phase Parallel Microinverter Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 BIPV
1.3.3 BAPV
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Single Phase Parallel Microinverter Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Single Phase Parallel Microinverter Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Single Phase Parallel Microinverter Production Estimates and Forecasts (2020-2031)
1.4.4 Global Single Phase Parallel Microinverter Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Single Phase Parallel Microinverter Production Market Share by Manufacturers (2020-2025)
2.2 Global Single Phase Parallel Microinverter Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Single Phase Parallel Microinverter, Industry Ranking, 2023 VS 2024
2.4 Global Single Phase Parallel Microinverter Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Single Phase Parallel Microinverter Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Single Phase Parallel Microinverter, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Single Phase Parallel Microinverter, Product Offered and Application
2.8 Global Key Manufacturers of Single Phase Parallel Microinverter, Date of Enter into This Industry
2.9 Single Phase Parallel Microinverter Market Competitive Situation and Trends
2.9.1 Single Phase Parallel Microinverter Market Concentration Rate
2.9.2 Global 5 and 10 Largest Single Phase Parallel Microinverter Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Single Phase Parallel Microinverter Production by Region
3.1 Global Single Phase Parallel Microinverter Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Single Phase Parallel Microinverter Production Value by Region (2020-2031)
3.2.1 Global Single Phase Parallel Microinverter Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Single Phase Parallel Microinverter by Region (2026-2031)
3.3 Global Single Phase Parallel Microinverter Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Single Phase Parallel Microinverter Production Volume by Region (2020-2031)
3.4.1 Global Single Phase Parallel Microinverter Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Single Phase Parallel Microinverter by Region (2026-2031)
3.5 Global Single Phase Parallel Microinverter Market Price Analysis by Region (2020-2025)
3.6 Global Single Phase Parallel Microinverter Production and Value, Year-over-Year Growth
3.6.1 North America Single Phase Parallel Microinverter Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Single Phase Parallel Microinverter Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Single Phase Parallel Microinverter Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Single Phase Parallel Microinverter Production Value Estimates and Forecasts (2020-2031)
4 Single Phase Parallel Microinverter Consumption by Region
4.1 Global Single Phase Parallel Microinverter Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Single Phase Parallel Microinverter Consumption by Region (2020-2031)
4.2.1 Global Single Phase Parallel Microinverter Consumption by Region (2020-2025)
4.2.2 Global Single Phase Parallel Microinverter Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Single Phase Parallel Microinverter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Single Phase Parallel Microinverter Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Single Phase Parallel Microinverter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Single Phase Parallel Microinverter Consumption by Country (2020-2031)
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 Single Phase Parallel Microinverter Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Single Phase Parallel Microinverter Consumption by Region (2020-2031)
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 Single Phase Parallel Microinverter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Single Phase Parallel Microinverter Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Single Phase Parallel Microinverter Production by Type (2020-2031)
5.1.1 Global Single Phase Parallel Microinverter Production by Type (2020-2025)
5.1.2 Global Single Phase Parallel Microinverter Production by Type (2026-2031)
5.1.3 Global Single Phase Parallel Microinverter Production Market Share by Type (2020-2031)
5.2 Global Single Phase Parallel Microinverter Production Value by Type (2020-2031)
5.2.1 Global Single Phase Parallel Microinverter Production Value by Type (2020-2025)
5.2.2 Global Single Phase Parallel Microinverter Production Value by Type (2026-2031)
5.2.3 Global Single Phase Parallel Microinverter Production Value Market Share by Type (2020-2031)
5.3 Global Single Phase Parallel Microinverter Price by Type (2020-2031)
6 Segment by Application
6.1 Global Single Phase Parallel Microinverter Production by Application (2020-2031)
6.1.1 Global Single Phase Parallel Microinverter Production by Application (2020-2025)
6.1.2 Global Single Phase Parallel Microinverter Production by Application (2026-2031)
6.1.3 Global Single Phase Parallel Microinverter Production Market Share by Application (2020-2031)
6.2 Global Single Phase Parallel Microinverter Production Value by Application (2020-2031)
6.2.1 Global Single Phase Parallel Microinverter Production Value by Application (2020-2025)
6.2.2 Global Single Phase Parallel Microinverter Production Value by Application (2026-2031)
6.2.3 Global Single Phase Parallel Microinverter Production Value Market Share by Application (2020-2031)
6.3 Global Single Phase Parallel Microinverter Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Enphase Energy
7.1.1 Enphase Energy Single Phase Parallel Microinverter Company Information
7.1.2 Enphase Energy Single Phase Parallel Microinverter Product Portfolio
7.1.3 Enphase Energy Single Phase Parallel Microinverter Production, Value, Price and Gross Margin (2020-2025)
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 Single Phase Parallel Microinverter Company Information
7.2.2 SMA Solar Technology Single Phase Parallel Microinverter Product Portfolio
7.2.3 SMA Solar Technology Single Phase Parallel Microinverter Production, Value, Price and Gross Margin (2020-2025)
7.2.4 SMA Solar Technology Main Business and Markets Served
7.2.5 SMA Solar Technology Recent Developments/Updates
7.3 SolarEdge Technologies
7.3.1 SolarEdge Technologies Single Phase Parallel Microinverter Company Information
7.3.2 SolarEdge Technologies Single Phase Parallel Microinverter Product Portfolio
7.3.3 SolarEdge Technologies Single Phase Parallel Microinverter Production, Value, Price and Gross Margin (2020-2025)
7.3.4 SolarEdge Technologies Main Business and Markets Served
7.3.5 SolarEdge Technologies Recent Developments/Updates
7.4 NEP
7.4.1 NEP Single Phase Parallel Microinverter Company Information
7.4.2 NEP Single Phase Parallel Microinverter Product Portfolio
7.4.3 NEP Single Phase Parallel Microinverter Production, Value, Price and Gross Margin (2020-2025)
7.4.4 NEP Main Business and Markets Served
7.4.5 NEP Recent Developments/Updates
7.5 SolarBridge
7.5.1 SolarBridge Single Phase Parallel Microinverter Company Information
7.5.2 SolarBridge Single Phase Parallel Microinverter Product Portfolio
7.5.3 SolarBridge Single Phase Parallel Microinverter Production, Value, Price and Gross Margin (2020-2025)
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 Single Phase Parallel Microinverter Company Information
7.6.2 Sparq Systems Single Phase Parallel Microinverter Product Portfolio
7.6.3 Sparq Systems Single Phase Parallel Microinverter Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Sparq Systems Main Business and Markets Served
7.6.5 Sparq Systems Recent Developments/Updates
7.7 Fimer SpA
7.7.1 Fimer SpA Single Phase Parallel Microinverter Company Information
7.7.2 Fimer SpA Single Phase Parallel Microinverter Product Portfolio
7.7.3 Fimer SpA Single Phase Parallel Microinverter Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Fimer SpA Main Business and Markets Served
7.7.5 Fimer SpA Recent Developments/Updates
7.8 Chilicon Power
7.8.1 Chilicon Power Single Phase Parallel Microinverter Company Information
7.8.2 Chilicon Power Single Phase Parallel Microinverter Product Portfolio
7.8.3 Chilicon Power Single Phase Parallel Microinverter Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Chilicon Power Main Business and Markets Served
7.8.5 Chilicon Power Recent Developments/Updates
7.9 Apsystems
7.9.1 Apsystems Single Phase Parallel Microinverter Company Information
7.9.2 Apsystems Single Phase Parallel Microinverter Product Portfolio
7.9.3 Apsystems Single Phase Parallel Microinverter Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Apsystems Main Business and Markets Served
7.9.5 Apsystems Recent Developments/Updates
7.10 Renesola
7.10.1 Renesola Single Phase Parallel Microinverter Company Information
7.10.2 Renesola Single Phase Parallel Microinverter Product Portfolio
7.10.3 Renesola Single Phase Parallel Microinverter Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Renesola Main Business and Markets Served
7.10.5 Renesola Recent Developments/Updates
7.11 Leadsolar
7.11.1 Leadsolar Single Phase Parallel Microinverter Company Information
7.11.2 Leadsolar Single Phase Parallel Microinverter Product Portfolio
7.11.3 Leadsolar Single Phase Parallel Microinverter Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Leadsolar Main Business and Markets Served
7.11.5 Leadsolar Recent Developments/Updates
7.12 Hoymiles
7.12.1 Hoymiles Single Phase Parallel Microinverter Company Information
7.12.2 Hoymiles Single Phase Parallel Microinverter Product Portfolio
7.12.3 Hoymiles Single Phase Parallel Microinverter Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Hoymiles Main Business and Markets Served
7.12.5 Hoymiles Recent Developments/Updates
7.13 Huawei
7.13.1 Huawei Single Phase Parallel Microinverter Company Information
7.13.2 Huawei Single Phase Parallel Microinverter Product Portfolio
7.13.3 Huawei Single Phase Parallel Microinverter Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Huawei Main Business and Markets Served
7.13.5 Huawei Recent Developments/Updates
7.14 Deye
7.14.1 Deye Single Phase Parallel Microinverter Company Information
7.14.2 Deye Single Phase Parallel Microinverter Product Portfolio
7.14.3 Deye Single Phase Parallel Microinverter Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Deye Main Business and Markets Served
7.14.5 Deye Recent Developments/Updates
7.15 Yuneng Technology
7.15.1 Yuneng Technology Single Phase Parallel Microinverter Company Information
7.15.2 Yuneng Technology Single Phase Parallel Microinverter Product Portfolio
7.15.3 Yuneng Technology Single Phase Parallel Microinverter Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Yuneng Technology Main Business and Markets Served
7.15.5 Yuneng Technology Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Single Phase Parallel Microinverter Industry Chain Analysis
8.2 Single Phase Parallel Microinverter Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Single Phase Parallel Microinverter Production Mode & Process Analysis
8.4 Single Phase Parallel Microinverter Sales and Marketing
8.4.1 Single Phase Parallel Microinverter Sales Channels
8.4.2 Single Phase Parallel Microinverter Distributors
8.5 Single Phase Parallel Microinverter Customer Analysis
9 Single Phase Parallel Microinverter Market Dynamics
9.1 Single Phase Parallel Microinverter Industry Trends
9.2 Single Phase Parallel Microinverter Market Drivers
9.3 Single Phase Parallel Microinverter Market Challenges
9.4 Single Phase Parallel Microinverter 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
SolarEdge Technologies
NEP
SolarBridge
Sparq Systems
Fimer SpA
Chilicon Power
Apsystems
Renesola
Leadsolar
Hoymiles
Huawei
Deye
Yuneng Technology
听
听
*If Applicable.