Solar Microinverter Market
Solar Microinverter Market - Global Industry Assessment & Forecast
#
Pages:
2022
Nov - 2021
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
Research Methodology: Solar Microinverter Market by System Type by End Use by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
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.
