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Solar Microinverter Market

Solar Microinverter Market

Solar Microinverter Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

220

Base Year:

2022

Date

Jun - 2024

Format:

PDF XLS PPT

Report Code:

VMR-VMR-2021-0830

Segments Covered
  • By System Type By System Type Standalone, Integrated
  • By End Use By End Use Residential, Commercial, Utility
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 1.1 Billion
Revenue 2030Revenue 2030: USD 4.06 Billion
Revenue CAGRRevenue CAGR (2023 - 2030): 17.8%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst

Solar Microinverter Market Segment Analysis

  • Solar Microinverter System Type Outlook (Revenue, USD Million, 2018 - 2030)
    • Standalone
    • Integrated
  • Solar Microinverter End Use Outlook (Revenue, USD Million, 2018 - 2030)
    • Residential
    • Commercial
    • Utility
  • Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
    • North America
      • North America Solar Microinverter Market, by System Type
        • Standalone
        • Integrated
      • North America Solar Microinverter Market, by End Use
        • Residential
        • Commercial
        • Utility
      • U.S.
        • U.S. Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • U.S. Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
      • Canada
        • Canada Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • Canada Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
      • Mexico
        • Mexico Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • Mexico Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
    • Europe
      • Europe Solar Microinverter Market, by System Type
        • Standalone
        • Integrated
      • Europe Solar Microinverter Market, by End Use
        • Residential
        • Commercial
        • Utility
      • U. K.
        • U.K. Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • U.K. Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
      • France
        • France Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • France Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
      • Germany
        • Germany Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • Germany Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
      • Italy
        • Italy Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • Italy Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
      • Spain
        • Spain Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • Spain Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
      • Rest of Europe
        • Rest of Europe Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • Rest of Europe Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
    • Asia Pacific
      • Asia Pacific Solar Microinverter Market, by System Type
        • Standalone
        • Integrated
      • Asia Pacific Solar Microinverter Market, by End Use
        • Residential
        • Commercial
        • Utility
      • China
        • China Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • China Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
      • Japan
        • Japan Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • Japan Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
      • Germany
        • Germany Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • Germany Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
      • India
        • India Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • India Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
      • South Korea
        • South Korea Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • South Korea Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
      • South East Asia
        • South East Asia Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • South East Asia Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
      • Rest of Asia Pacific
        • Rest of Asia Pacific Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • Rest of Asia Pacific Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
    • Latin America
      • Latin America Solar Microinverter Market, by System Type
        • Standalone
        • Integrated
      • Latin America Solar Microinverter Market, by End Use
        • Residential
        • Commercial
        • Utility
      • Brazil
        • Brazil Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • Brazil Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
      • Argentina
        • Argentina Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • Argentina Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
      • Rest of Latin America
        • Rest of Latin America Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • Rest of Latin America Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
    • Middle East & Africa
      • Middle East & Africa Solar Microinverter Market, by System Type
        • Standalone
        • Integrated
      • Middle East & Africa Solar Microinverter Market, by End Use
        • Residential
        • Commercial
        • Utility
      • GCC Countries
        • GCC Countries Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • GCC Countries Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
      • South Africa
        • South Africa Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • South Africa Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
      • Rest of Middle East & Africa
        • Rest of Middle East & Africa Solar Microinverter Market, by System Type
          • Standalone
          • Integrated
        • Rest of Middle East & Africa Solar Microinverter Market, by End Use
          • Residential
          • Commercial
          • Utility
FAQ
Frequently Asked Question
  • The global Solar Microinverter valued at USD 1.1 Billion in 2022 and is expected to reach USD 4.06 Billion in 2030 growing at a CAGR of 17.8%.

  • The prominent players in the market are Sungrow Power, Power Electronics, Siemens, Kostal, Schneider, Satcon, KACO, Advanced Energy, Tabuchi, Green Power, Solar Edge, KEHUA Group, STECA, EAST, Fronius.

  • The market is project to grow at a CAGR of 17.8% between 2023 and 2030.

  • The driving factors of the Solar Microinverter include

    • Increased Efficiency and Performance

  • North America was the leading regional segment of the Solar Microinverter in 2022.