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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

Number Of Pages # Pages:

180

Base Year:

2022

Date

Jan - 2024

Format:

PDF XLS PPT

Report Code:

VMR-VMR-2021-0868

Segments Covered
  • By Product By Product Solar Microinverter, Power Optimizer
  • By Connectivity By Connectivity Standalone, On-grid
  • By Application By Application 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 4.42 Billion
Revenue 2030Revenue 2030: USD 12.01 Billion
Revenue CAGRRevenue CAGR (2023 - 2030): 13.3%
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
  1. Executive Dashboard
    1. Strategic Imperatives
  2. Premium Insights
    1. Top 3 Trends to Watch
    2. Demand and Supply Trends
    3. Top 3 Strategies Followed by Major Players
    4. Top 3 Predictions by Vantage Market Research
    5. Top Investment Pockets
    6. Insights from Primary Respondents
  3. Global Solar Microinverter and Power Optimizer Market - Segment Analysis
    1. Overview
    2. Global Solar Microinverter and Power Optimizer Market, 2016 - 2028 (USD Million)
    3. Global Solar Microinverter and Power Optimizer Market - by Product
      1. By Solar Microinverter
      2. By Power Optimizer
    4. Global Solar Microinverter and Power Optimizer Market - by Connectivity
      1. By Standalone
      2. By On-grid
    5. Global Solar Microinverter and Power Optimizer Market - by Application
      1. By Residential
      2. By Commercial
      3. By Utility
    6. Global Solar Microinverter and Power Optimizer Market - by region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
    7. Market comparative analysis
  4. North America Solar Microinverter and Power Optimizer Market - Segment Analysis
    1. Overview
    2. North America Solar Microinverter and Power Optimizer Market, 2016 - 2028 (USD Million)
    3. North America Solar Microinverter and Power Optimizer Market, by Product
      1. By Solar Microinverter
      2. By Power Optimizer
    4. North America Solar Microinverter and Power Optimizer Market, by Connectivity
      1. By Standalone
      2. By On-grid
    5. North America Solar Microinverter and Power Optimizer Market, by Application
      1. By Residential
      2. By Commercial
      3. By Utility
    6. North America Solar Microinverter and Power Optimizer Market, by Country
      1. U.S.
        1. U.S. Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. U.S. Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. U.S. Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
      2. Canada
        1. Canada Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. Canada Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. Canada Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
      3. Mexico
        1. Mexico Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. Mexico Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. Mexico Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
  5. Europe Solar Microinverter and Power Optimizer Market - Segment Analysis
    1. Overview
    2. Europe Solar Microinverter and Power Optimizer Market, 2016 - 2028 (USD Million)
    3. Europe Solar Microinverter and Power Optimizer Market, by Product
      1. By Solar Microinverter
      2. By Power Optimizer
    4. Europe Solar Microinverter and Power Optimizer Market, by Connectivity
      1. By Standalone
      2. By On-grid
    5. Europe Solar Microinverter and Power Optimizer Market, by Application
      1. By Residential
      2. By Commercial
      3. By Utility
    6. Europe Solar Microinverter and Power Optimizer Market, by Country
      1. Germany
        1. Germany Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. Germany Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. Germany Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
      2. UK
        1. UK Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. UK Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. UK Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
      3. France
        1. France Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. France Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. France Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
      4. Spain
        1. Spain Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. Spain Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. Spain Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
      5. Italy
        1. Italy Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. Italy Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. Italy Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
      6. BENELUX
        1. BENELUX Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. BENELUX Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. BENELUX Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
      7. Rest of Europe
        1. Rest Of Europe Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. Rest Of Europe Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. Rest Of Europe Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
  6. Asia Pacific Solar Microinverter and Power Optimizer Market - Segment Analysis
    1. Overview
    2. Asia Pacific Solar Microinverter and Power Optimizer Market, 2016 - 2028 (USD Million)
    3. Asia Pacific Solar Microinverter and Power Optimizer Market, by Product
      1. By Solar Microinverter
      2. By Power Optimizer
    4. Asia Pacific Solar Microinverter and Power Optimizer Market, by Connectivity
      1. By Standalone
      2. By On-grid
    5. Asia Pacific Solar Microinverter and Power Optimizer Market, by Application
      1. By Residential
      2. By Commercial
      3. By Utility
    6. Asia Pacific Solar Microinverter and Power Optimizer Market, by Country
      1. China
        1. China Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. China Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. China Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
      2. Japan
        1. Japan Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. Japan Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. Japan Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
      3. India
        1. India Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. India Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. India Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
      4. South Korea
        1. South Korea Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. South Korea Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. South Korea Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
      5. South East Asia
        1. South East Asia Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. South East Asia Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. South East Asia Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
      6. Rest of Asia Pacific
        1. Rest of Asia Pacific Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. Rest of Asia Pacific Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. Rest of Asia Pacific Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
  7. Latin America Solar Microinverter and Power Optimizer Market - Segment Analysis
    1. Overview
    2. Latin America Solar Microinverter and Power Optimizer Market, 2016 - 2028 (USD Million)
    3. Latin America Solar Microinverter and Power Optimizer Market, by Product
      1. By Solar Microinverter
      2. By Power Optimizer
    4. Latin America Solar Microinverter and Power Optimizer Market, by Connectivity
      1. By Standalone
      2. By On-grid
    5. Latin America Solar Microinverter and Power Optimizer Market, by Application
      1. By Residential
      2. By Commercial
      3. By Utility
    6. Latin America Solar Microinverter and Power Optimizer Market, by Country
      1. Brazil
        1. Brazil Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. Brazil Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. Brazil Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
      2. Argentina
        1. Argentina Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. Argentina Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. Argentina Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
      3. Rest of Latin America
        1. Rest of Latin America Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. Rest of Latin America Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. Rest of Latin America Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
  8. Middle East & Africa Solar Microinverter and Power Optimizer Market - Segment Analysis
    1. Overview
    2. Middle East & Africa Solar Microinverter and Power Optimizer Market, 2016 - 2028 (USD Million)
    3. Middle East & Africa Solar Microinverter and Power Optimizer Market, by Product
      1. By Solar Microinverter
      2. By Power Optimizer
    4. Middle East & Africa Solar Microinverter and Power Optimizer Market, by Connectivity
      1. By Standalone
      2. By On-grid
    5. Middle East & Africa Solar Microinverter and Power Optimizer Market, by Application
      1. By Residential
      2. By Commercial
      3. By Utility
    6. Middle East & Africa Solar Microinverter and Power Optimizer Market, by Country
      1. GCC Countries
        1. GCC Countries Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. GCC Countries Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. GCC Countries Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
      2. South Africa
        1. South Africa Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. South Africa Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. South Africa Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
      3. Rest of Middle East & Africa
        1. Rest of Middle East & Africa Solar Microinverter and Power Optimizer Market, By Product
          1. By Solar Microinverter
          2. By Power Optimizer
        2. Rest of Middle East & Africa Solar Microinverter and Power Optimizer Market, By Connectivity
          1. By Standalone
          2. By On-grid
        3. Rest of Middle East & Africa Solar Microinverter and Power Optimizer Market, By Application
          1. By Residential
          2. By Commercial
          3. By Utility
  9. Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter's Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
  10. COVID 19 Impact Analysis
    1. Key strategies undertaken by companies to tackle COVID-19
    2. Short term dynamics
    3. Long term dynamics
  11. Marketing Stratagy Analysis
    1. Marketing Channel
    2. Direct Marketing
    3. Indirect Marketing
    4. Marketing Channel Development Trends
  12. Competative Landscape
    1. Competition Matrix - 2021
    2. Company Market Share Analysis - 2021
    3. Key Company Activities, 2018 - 2021
    4. Strategic Developments - Heat Map Analysis
    5. Company Offering Evaluation
    6. Company Regional Presence Evaluation
  13. Company Profiles
    1. Tigo Energy
    2. KACO New Energy
    3. Enphase Energy
    4. Delta Energy Systems
    5. SunPower Corporation
    6. Ampt
    7. Altenergy Power System
    8. Array Power
    9. Solantro
    10. SolarEdge Technologies.
  14. Key Primary Respondents - VERBATIM
  15. Discussion Guide
  16. Customization Offered
  17. Annexure
  18. List of Figures
  19. List of Tables
  20. List of Abbreviations
FAQ
Frequently Asked Question
  • The global Solar Microinverter and Power Optimizer valued at USD 4.42 Billion in 2022 and is expected to reach USD 12.01 Billion in 2030 growing at a CAGR of 13.3%.

  • 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 13.3% between 2023 and 2030.

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

    • Increased Energy Harvesting

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