Solar Microinverter Market
Solar Microinverter Market - Global Industry Assessment & Forecast
#
Pages:
Base Year:
2022
Nov - 2021
Format:
Report Code:
VMR-VMR-2021-0830
Segments Covered
By
System Type Standalone, Integrated
-
By
End Use Residential, Commercial, Utility
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 1.1 Billion |
 Revenue 2030:
|
USD 4.06 Billion |
 Revenue CAGR
(2023 - 2030): |
17.8% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
North America |
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
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
- U.S. Solar Microinverter Market, by System Type
- Canada
- Canada Solar Microinverter Market, by System Type
- Standalone
- Integrated
- Canada Solar Microinverter Market, by End Use
- Residential
- Commercial
- Utility
- Canada Solar Microinverter Market, by System Type
-
Mexico
- Mexico Solar Microinverter Market, by System Type
- Standalone
- Integrated
- Mexico Solar Microinverter Market, by End Use
- Residential
- Commercial
- Utility
- Mexico Solar Microinverter Market, by System Type
-
North America Solar Microinverter Market, by System Type
- 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
- U.K. Solar Microinverter Market, by System Type
- France
- France Solar Microinverter Market, by System Type
- Standalone
- Integrated
- France Solar Microinverter Market, by End Use
- Residential
- Commercial
- Utility
- France Solar Microinverter Market, by System Type
-
Germany
- Germany Solar Microinverter Market, by System Type
- Standalone
- Integrated
- Germany Solar Microinverter Market, by End Use
- Residential
- Commercial
- Utility
- Germany Solar Microinverter Market, by System Type
-
Italy
- Italy Solar Microinverter Market, by System Type
- Standalone
- Integrated
- Italy Solar Microinverter Market, by End Use
- Residential
- Commercial
- Utility
- Italy Solar Microinverter Market, by System Type
-
Spain
- Spain Solar Microinverter Market, by System Type
- Standalone
- Integrated
- Spain Solar Microinverter Market, by End Use
- Residential
- Commercial
- Utility
- Spain Solar Microinverter Market, by System Type
-
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
- Rest of Europe Solar Microinverter Market, by System Type
-
Europe Solar Microinverter Market, by System Type
- 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
- China Solar Microinverter Market, by System Type
- Japan
- Japan Solar Microinverter Market, by System Type
- Standalone
- Integrated
- Japan Solar Microinverter Market, by End Use
- Residential
- Commercial
- Utility
- Japan Solar Microinverter Market, by System Type
-
Germany
- Germany Solar Microinverter Market, by System Type
- Standalone
- Integrated
- Germany Solar Microinverter Market, by End Use
- Residential
- Commercial
- Utility
- Germany Solar Microinverter Market, by System Type
-
India
- India Solar Microinverter Market, by System Type
- Standalone
- Integrated
- India Solar Microinverter Market, by End Use
- Residential
- Commercial
- Utility
- India Solar Microinverter Market, by System Type
-
South Korea
- South Korea Solar Microinverter Market, by System Type
- Standalone
- Integrated
- South Korea Solar Microinverter Market, by End Use
- Residential
- Commercial
- Utility
- South Korea Solar Microinverter Market, by System Type
-
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
- South East Asia Solar Microinverter Market, by System Type
-
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
- Rest of Asia Pacific Solar Microinverter Market, by System Type
-
Asia Pacific Solar Microinverter Market, by System Type
- 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
- Brazil Solar Microinverter Market, by System Type
- Argentina
- Argentina Solar Microinverter Market, by System Type
- Standalone
- Integrated
- Argentina Solar Microinverter Market, by End Use
- Residential
- Commercial
- Utility
- Argentina Solar Microinverter Market, by System Type
-
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
- Rest of Latin America Solar Microinverter Market, by System Type
-
Latin America Solar Microinverter Market, by System Type
- 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
- GCC Countries Solar Microinverter Market, by System Type
- South Africa
- South Africa Solar Microinverter Market, by System Type
- Standalone
- Integrated
- South Africa Solar Microinverter Market, by End Use
- Residential
- Commercial
- Utility
- South Africa Solar Microinverter Market, by System Type
-
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
- Rest of Middle East & Africa Solar Microinverter Market, by System Type
-
Middle East & Africa Solar Microinverter Market, by System Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Solar Microinverter in terms of revenue?
-
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%.
Which are the prominent players in the market?
-
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.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 17.8% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Solar Microinverter include
- Increased Efficiency and Performance
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Solar Microinverter in 2022.
