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Solar Microinverter and Power Optimizer Market

Solar Microinverter and Power Optimizer Market

Solar Microinverter and Power Optimizer Market Global Industry Assessment & Forecast

# Pages:


Base Year:


Nov - 2021


Report Code:


Segments Covered
  • By Product Solar Microinverter, Power Optimizer
  • By Application Residential, Commercial, Utility
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 4.12 Billion
Revenue 2028Revenue 2028: 7.30 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 7.41
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
Sr. No. Offering Report Coverage
1. Market Size In terms of Revenue (USD Million)
2. Historic Data 2015 to 2019
3. Forecast Data 2021 to 2028
4. Market Drivers, Restraints, Opportunities, & Regional Market Trends Yes
5. Market Attractiveness Analysis Yes
6. Segment Analysis Maximum Segments
7. Regional Coverage 5 Regions
8. Country Coverage Top 22 Countries
9. Competitive Landscape and Company Market Share Analysis Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles.
10. Porter’s Five Forces Analysis Yes.
11. Value Chain Analysis Yes
12. PEST Analysis Yes
13. Regulatory Landscape Yes
14. Technology Landscape Yes
15. COVID-19 Impact Analysis Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics.
16. Top startups to watch out for Yes
17. Top 3 Trends to Watch Yes
18. Top 3 Strategies Followed by Major Players Yes
19. Top 3 Predictions by Vantage Market Research Yes
20. Discussion Guide Yes
21. Key Primary Respondents - VERBATIM Yes
22. Transcripts from the Primary Respondents Additional Cost USD 1,000
23. Others/Miscellaneous
Frequently Asked Question
  • The global Solar Microinverter and Power Optimizer valued at 4.12 Billion in 2020 and is expected to reach 7.30 Billion in 2028 growing at a CAGR of 7.41%.

  • The prominent players in the market are Tigo Energy, KACO New Energy, Enphase Energy, Delta Energy Systems, SunPower Corporation, Ampt, Altenergy Power System, Array Power, Solantro, SolarEdge Technologies..

  • The market is project to grow at a CAGR of 7.41% between 2021 and 2028.

  • The driving factors of the Solar Microinverter and Power Optimizer include

    • The decrease in costs of microinverters and power optimizers and the increasing research and development by manufacturers in order to refine the technologies is anticipated to augment the growth of the market over the forecast period.
    • The favorable government incentives including tax rebate, low import duty, financial assistance and soft loans would further augment the growth of the market over the forecast period.

  • Asia Pacific was the leading regional segment of the Solar Microinverter and Power Optimizer in 2020.