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Energy & Power Global PV Micro Inverter Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

  • RnM3871632
    • |
  • 12 June, 2024
    • |
  • Global
    • |
  • 112 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Energy & Power

According to our (Global Info Research) latest study, the global PV Micro Inverter market size was valued at USD 759.9 million in 2023 and is forecast to a readjusted size of USD 1712.4 million by 2030 with a CAGR of 12.3% during review period.
PV micro inverters convert direct current (DC) from solar panels into alternate current (AC) of the required frequency. The output from several microinverters is later combined and fed to electrical grids to generate power.
The APAC will be the largest market for solar microinverters during the forecast period . The market in this region will witness significant growth due to the high adoption rate of solar microinverters. The ability of such systems to bolster the energy harvest of a system will compel the populace in this region to adopt solar microinverters.
The Global Info Research report includes an overview of the development of the PV Micro Inverter industry chain, the market status of Residential (Standalone Systems, Integrated Systems), Commercial (Standalone Systems, Integrated Systems), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of PV Micro Inverter.
Regionally, the report analyzes the PV Micro Inverter markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global PV Micro Inverter market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the PV Micro Inverter market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the PV Micro Inverter industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Standalone Systems, Integrated Systems).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the PV Micro Inverter market.
Regional Analysis: The report involves examining the PV Micro Inverter market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the PV Micro Inverter market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to PV Micro Inverter:
Company Analysis: Report covers individual PV Micro Inverter manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards PV Micro Inverter This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Residential, Commercial).
Technology Analysis: Report covers specific technologies relevant to PV Micro Inverter. It assesses the current state, advancements, and potential future developments in PV Micro Inverter areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the PV Micro Inverter market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
PV Micro Inverter market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Standalone Systems
Integrated Systems
Market segment by Application
Residential
Commercial
Utility
Major players covered
ABB
Chilicon Power
Enphase Energy
Renesola
SMA Solar Technology
SolarEdge Technologies
Sungrow Power Supply
Schenzhen Kstar Science & Technology
TMEIC
SunPower Corp
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe PV Micro Inverter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of PV Micro Inverter, with price, sales, revenue and global market share of PV Micro Inverter from 2019 to 2024.
Chapter 3, the PV Micro Inverter competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the PV Micro Inverter breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and PV Micro Inverter market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of PV Micro Inverter.
Chapter 14 and 15, to describe PV Micro Inverter sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope of PV Micro Inverter
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global PV Micro Inverter Consumption Value by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Standalone Systems
    • 1.3.3 Integrated Systems
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global PV Micro Inverter Consumption Value by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Residential
    • 1.4.3 Commercial
    • 1.4.4 Utility
  • 1.5 Global PV Micro Inverter Market Size & Forecast
    • 1.5.1 Global PV Micro Inverter Consumption Value (2019 & 2023 & 2030)
    • 1.5.2 Global PV Micro Inverter Sales Quantity (2019-2030)
    • 1.5.3 Global PV Micro Inverter Average Price (2019-2030)

2 Manufacturers Profiles

  • 2.1 ABB
    • 2.1.1 ABB Details
    • 2.1.2 ABB Major Business
    • 2.1.3 ABB PV Micro Inverter Product and Services
    • 2.1.4 ABB PV Micro Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 ABB Recent Developments/Updates
  • 2.2 Chilicon Power
    • 2.2.1 Chilicon Power Details
    • 2.2.2 Chilicon Power Major Business
    • 2.2.3 Chilicon Power PV Micro Inverter Product and Services
    • 2.2.4 Chilicon Power PV Micro Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 Chilicon Power Recent Developments/Updates
  • 2.3 Enphase Energy
    • 2.3.1 Enphase Energy Details
    • 2.3.2 Enphase Energy Major Business
    • 2.3.3 Enphase Energy PV Micro Inverter Product and Services
    • 2.3.4 Enphase Energy PV Micro Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 Enphase Energy Recent Developments/Updates
  • 2.4 Renesola
    • 2.4.1 Renesola Details
    • 2.4.2 Renesola Major Business
    • 2.4.3 Renesola PV Micro Inverter Product and Services
    • 2.4.4 Renesola PV Micro Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 Renesola Recent Developments/Updates
  • 2.5 SMA Solar Technology
    • 2.5.1 SMA Solar Technology Details
    • 2.5.2 SMA Solar Technology Major Business
    • 2.5.3 SMA Solar Technology PV Micro Inverter Product and Services
    • 2.5.4 SMA Solar Technology PV Micro Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 SMA Solar Technology Recent Developments/Updates
  • 2.6 SolarEdge Technologies
    • 2.6.1 SolarEdge Technologies Details
    • 2.6.2 SolarEdge Technologies Major Business
    • 2.6.3 SolarEdge Technologies PV Micro Inverter Product and Services
    • 2.6.4 SolarEdge Technologies PV Micro Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 SolarEdge Technologies Recent Developments/Updates
  • 2.7 Sungrow Power Supply
    • 2.7.1 Sungrow Power Supply Details
    • 2.7.2 Sungrow Power Supply Major Business
    • 2.7.3 Sungrow Power Supply PV Micro Inverter Product and Services
    • 2.7.4 Sungrow Power Supply PV Micro Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 Sungrow Power Supply Recent Developments/Updates
  • 2.8 Schenzhen Kstar Science & Technology
    • 2.8.1 Schenzhen Kstar Science & Technology Details
    • 2.8.2 Schenzhen Kstar Science & Technology Major Business
    • 2.8.3 Schenzhen Kstar Science & Technology PV Micro Inverter Product and Services
    • 2.8.4 Schenzhen Kstar Science & Technology PV Micro Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 Schenzhen Kstar Science & Technology Recent Developments/Updates
  • 2.9 TMEIC
    • 2.9.1 TMEIC Details
    • 2.9.2 TMEIC Major Business
    • 2.9.3 TMEIC PV Micro Inverter Product and Services
    • 2.9.4 TMEIC PV Micro Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 TMEIC Recent Developments/Updates
  • 2.10 SunPower Corp
    • 2.10.1 SunPower Corp Details
    • 2.10.2 SunPower Corp Major Business
    • 2.10.3 SunPower Corp PV Micro Inverter Product and Services
    • 2.10.4 SunPower Corp PV Micro Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 SunPower Corp Recent Developments/Updates

3 Competitive Environment: PV Micro Inverter by Manufacturer

  • 3.1 Global PV Micro Inverter Sales Quantity by Manufacturer (2019-2024)
  • 3.2 Global PV Micro Inverter Revenue by Manufacturer (2019-2024)
  • 3.3 Global PV Micro Inverter Average Price by Manufacturer (2019-2024)
  • 3.4 Market Share Analysis (2023)
    • 3.4.1 Producer Shipments of PV Micro Inverter by Manufacturer Revenue ($MM) and Market Share (%): 2023
    • 3.4.2 Top 3 PV Micro Inverter Manufacturer Market Share in 2023
    • 3.4.2 Top 6 PV Micro Inverter Manufacturer Market Share in 2023
  • 3.5 PV Micro Inverter Market: Overall Company Footprint Analysis
    • 3.5.1 PV Micro Inverter Market: Region Footprint
    • 3.5.2 PV Micro Inverter Market: Company Product Type Footprint
    • 3.5.3 PV Micro Inverter Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global PV Micro Inverter Market Size by Region
    • 4.1.1 Global PV Micro Inverter Sales Quantity by Region (2019-2030)
    • 4.1.2 Global PV Micro Inverter Consumption Value by Region (2019-2030)
    • 4.1.3 Global PV Micro Inverter Average Price by Region (2019-2030)
  • 4.2 North America PV Micro Inverter Consumption Value (2019-2030)
  • 4.3 Europe PV Micro Inverter Consumption Value (2019-2030)
  • 4.4 Asia-Pacific PV Micro Inverter Consumption Value (2019-2030)
  • 4.5 South America PV Micro Inverter Consumption Value (2019-2030)
  • 4.6 Middle East and Africa PV Micro Inverter Consumption Value (2019-2030)

5 Market Segment by Type

  • 5.1 Global PV Micro Inverter Sales Quantity by Type (2019-2030)
  • 5.2 Global PV Micro Inverter Consumption Value by Type (2019-2030)
  • 5.3 Global PV Micro Inverter Average Price by Type (2019-2030)

6 Market Segment by Application

  • 6.1 Global PV Micro Inverter Sales Quantity by Application (2019-2030)
  • 6.2 Global PV Micro Inverter Consumption Value by Application (2019-2030)
  • 6.3 Global PV Micro Inverter Average Price by Application (2019-2030)

7 North America

  • 7.1 North America PV Micro Inverter Sales Quantity by Type (2019-2030)
  • 7.2 North America PV Micro Inverter Sales Quantity by Application (2019-2030)
  • 7.3 North America PV Micro Inverter Market Size by Country
    • 7.3.1 North America PV Micro Inverter Sales Quantity by Country (2019-2030)
    • 7.3.2 North America PV Micro Inverter Consumption Value by Country (2019-2030)
    • 7.3.3 United States Market Size and Forecast (2019-2030)
    • 7.3.4 Canada Market Size and Forecast (2019-2030)
    • 7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe

  • 8.1 Europe PV Micro Inverter Sales Quantity by Type (2019-2030)
  • 8.2 Europe PV Micro Inverter Sales Quantity by Application (2019-2030)
  • 8.3 Europe PV Micro Inverter Market Size by Country
    • 8.3.1 Europe PV Micro Inverter Sales Quantity by Country (2019-2030)
    • 8.3.2 Europe PV Micro Inverter Consumption Value by Country (2019-2030)
    • 8.3.3 Germany Market Size and Forecast (2019-2030)
    • 8.3.4 France Market Size and Forecast (2019-2030)
    • 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
    • 8.3.6 Russia Market Size and Forecast (2019-2030)
    • 8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific

  • 9.1 Asia-Pacific PV Micro Inverter Sales Quantity by Type (2019-2030)
  • 9.2 Asia-Pacific PV Micro Inverter Sales Quantity by Application (2019-2030)
  • 9.3 Asia-Pacific PV Micro Inverter Market Size by Region
    • 9.3.1 Asia-Pacific PV Micro Inverter Sales Quantity by Region (2019-2030)
    • 9.3.2 Asia-Pacific PV Micro Inverter Consumption Value by Region (2019-2030)
    • 9.3.3 China Market Size and Forecast (2019-2030)
    • 9.3.4 Japan Market Size and Forecast (2019-2030)
    • 9.3.5 Korea Market Size and Forecast (2019-2030)
    • 9.3.6 India Market Size and Forecast (2019-2030)
    • 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
    • 9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America

  • 10.1 South America PV Micro Inverter Sales Quantity by Type (2019-2030)
  • 10.2 South America PV Micro Inverter Sales Quantity by Application (2019-2030)
  • 10.3 South America PV Micro Inverter Market Size by Country
    • 10.3.1 South America PV Micro Inverter Sales Quantity by Country (2019-2030)
    • 10.3.2 South America PV Micro Inverter Consumption Value by Country (2019-2030)
    • 10.3.3 Brazil Market Size and Forecast (2019-2030)
    • 10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa

  • 11.1 Middle East & Africa PV Micro Inverter Sales Quantity by Type (2019-2030)
  • 11.2 Middle East & Africa PV Micro Inverter Sales Quantity by Application (2019-2030)
  • 11.3 Middle East & Africa PV Micro Inverter Market Size by Country
    • 11.3.1 Middle East & Africa PV Micro Inverter Sales Quantity by Country (2019-2030)
    • 11.3.2 Middle East & Africa PV Micro Inverter Consumption Value by Country (2019-2030)
    • 11.3.3 Turkey Market Size and Forecast (2019-2030)
    • 11.3.4 Egypt Market Size and Forecast (2019-2030)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
    • 11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics

  • 12.1 PV Micro Inverter Market Drivers
  • 12.2 PV Micro Inverter Market Restraints
  • 12.3 PV Micro Inverter Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of PV Micro Inverter and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of PV Micro Inverter
  • 13.3 PV Micro Inverter Production Process
  • 13.4 PV Micro Inverter Industrial Chain

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 PV Micro Inverter Typical Distributors
  • 14.3 PV Micro Inverter Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on PV Micro Inverter. Industry analysis & Market Report on PV Micro Inverter is a syndicated market report, published as Global PV Micro Inverter Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of PV Micro Inverter market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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