Solar Micro Inverter Market (Type: Single Phase and Three Phase; Application: Residential, Commercial, and Industrial/Utility)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Publish Date: Mar 2023

Report Code: TMR3815A

Publisher: Transparency

Single User License: $5795

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Report Highlights

Solar Micro Inverter Market – Scope of Report

TMR’s report on the global solar micro inverter market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global solar micro inverter market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global solar micro inverter market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the solar micro inverter market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global solar micro inverter market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global solar micro inverter market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global solar micro inverter market.

The report delves into the competitive landscape of the global solar micro inverter market. Key players operating in the global solar micro inverter market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global solar micro inverter market profiled in this report.

Key Questions Answered in Global Solar Micro Inverter Market Report

  • What is the sales/revenue generated by solar micro inverter across all regions during the forecast period?
  • What are the opportunities in the global solar micro inverter market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2023-2031
Units considered $ Million
Segments covered By Type, By Power Rating, By Application, By Distribution Channel, By Region
Industry covered Factory Automation
Countries covered North America, Europe, Asia Pacific, Middle East & Africa, South America
Companies studied
  • Enphase Energy
  • Northern electric and Power Ltd
  • Solar edge
  • Leadsolar
  • NingBo Deye Inverter Technology Co.
  • Hoymiles
  • Altenergy Power System Inc
  • Sparq System
  • Chilicon Power
  • SMA Solar Technology

Solar Micro Inverter Market – Research Objectives and Research Approach

The comprehensive report on the global solar micro inverter market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global solar micro inverter market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global solar micro inverter market.

  • Table 1 : Global Solar Micro Inverter Market by Type, Thousand Units 2017-2031
  • Table 2 : Global Solar Micro Inverter Market by Type, US$ Mn 2017-2031
  • Table 3 : Global Solar Micro Inverter Market by Power Rating, Thousand Units 2017-2031
  • Table 4 : Global Solar Micro Inverter Market by Power Rating, US$ Mn 2017-2031
  • Table 5 : Global Solar Micro Inverter Market Application, Thousand Units, 2017-2031
  • Table 6 : Global Solar Micro Inverter Market Application, US$ Mn 2017-2031
  • Table 7 : Global Solar Micro Inverter Market by Distribution Channel, Thousand Units, 2017-2031
  • Table 8 : Global Solar Micro Inverter Market by Distribution Channel, US$ Mn 2017-2031
  • Table 9 : Global Solar Micro Inverter Market by Region, Thousand Units, 2017-2031
  • Table 10 : Global Solar Micro Inverter Market by Region, US$ Mn 2017-2031
  • Table 11 : North America Solar Micro Inverter Market by Type, Thousand Units 2017-2031
  • Table 12 : North America Solar Micro Inverter Market by Type, US$ Mn 2017-2031
  • Table 13 : North America Solar Micro Inverter Market by Power Rating, Thousand Units 2017-2031
  • Table 14 : North America Solar Micro Inverter Market by Power Rating, US$ Mn 2017-2031
  • Table 15 : North America Solar Micro Inverter Market Application, Thousand Units, 2017-2031
  • Table 16 : North America Solar Micro Inverter Market Application, US$ Mn 2017-2031
  • Table 17 : North America Solar Micro Inverter Market by Distribution Channel, Thousand Units, 2017-2031
  • Table 18 : North America Solar Micro Inverter Market by Distribution Channel, US$ Mn 2017-2031
  • Table 19 : Europe Solar Micro Inverter Market by Type, Thousand Units 2017-2031
  • Table 20 : Europe Solar Micro Inverter Market by Type, US$ Mn 2017-2031
  • Table 21 : Europe Solar Micro Inverter Market by Power Rating, Thousand Units 2017-2031
  • Table 22 : Europe Solar Micro Inverter Market by Power Rating, US$ Mn 2017-2031
  • Table 23 : Europe Solar Micro Inverter Market Application, Thousand Units, 2017-2031
  • Table 24 : Europe Solar Micro Inverter Market Application, US$ Mn 2017-2031
  • Table 25 : Europe Solar Micro Inverter Market by Distribution Channel, Thousand Units, 2017-2031
  • Table 26 : Europe Solar Micro Inverter Market by Distribution Channel, US$ Mn 2017-2031
  • Table 27 : Asia Pacific Solar Micro Inverter Market by Type, Thousand Units 2017-2031
  • Table 28 : Asia Pacific Solar Micro Inverter Market by Type, US$ Mn 2017-2031
  • Table 29 : Asia Pacific Solar Micro Inverter Market by Power Rating, Thousand Units 2017-2031
  • Table 30 : Asia Pacific Solar Micro Inverter Market by Power Rating, US$ Mn 2017-2031
  • Table 31 : Asia Pacific Solar Micro Inverter Market Application, Thousand Units, 2017-2031
  • Table 32 : Asia Pacific Solar Micro Inverter Market Application, US$ Mn 2017-2031
  • Table 33 : Asia Pacific Solar Micro Inverter Market by Distribution Channel, Thousand Units, 2017-2031
  • Table 34 : Asia Pacific Solar Micro Inverter Market by Distribution Channel, US$ Mn 2017-2031
  • Table 35 : Middle East & Africa Solar Micro Inverter Market by Type, Thousand Units 2017-2031
  • Table 36 : Middle East & Africa Solar Micro Inverter Market by Type, US$ Mn 2017-2031
  • Table 37 : Middle East & Africa Solar Micro Inverter Market by Power Rating, Thousand Units 2017-2031
  • Table 38 : Middle East & Africa Solar Micro Inverter Market by Power Rating, US$ Mn 2017-2031
  • Table 39 : Middle East & Africa Solar Micro Inverter Market Application, Thousand Units, 2017-2031
  • Table 40 : Middle East & Africa Solar Micro Inverter Market Application, US$ Mn 2017-2031
  • Table 41 : Middle East & Africa Solar Micro Inverter Market by Distribution Channel, Thousand Units, 2017-2031
  • Table 42 : Middle East & Africa Solar Micro Inverter Market by Distribution Channel, US$ Mn 2017-2031
  • Table 43 : South America Solar Micro Inverter Market by Type, Thousand Units 2017-2031
  • Table 44 : South America Solar Micro Inverter Market by Type, US$ Mn 2017-2031
  • Table 45 : South America Solar Micro Inverter Market by Power Rating, Thousand Units 2017-2031
  • Table 46 : South America Solar Micro Inverter Market by Power Rating, US$ Mn 2017-2031
  • Table 47 : South America Solar Micro Inverter Market Application, Thousand Units, 2017-2031
  • Table 48 : South America Solar Micro Inverter Market Application, US$ Mn 2017-2031
  • Table 49 : South America Solar Micro Inverter Market by Distribution Channel, Thousand Units, 2017-2031
  • Table 50 : South America Solar Micro Inverter Market by Distribution Channel, US$ Mn 2017-2031
  • Figure 1 : Global Solar Micro Inverter Market Projections, by Type, Thousand Units 2017-2031
  • Figure 2 : Global Solar Micro Inverter Market Projections, by Type, US$ Mn 2017-2031
  • Figure 3 : Global Solar Micro Inverter Market, Incremental Opportunity, by Type, US$ Mn 2023 -2031
  • Figure 4 : Global Solar Micro Inverter Market Projections, by Power Rating, Thousand Units, 2017-2031
  • Figure 5 : Global Solar Micro Inverter Market Projections, by Power Rating, US$ Mn 2017-2031
  • Figure 6 : Global Solar Micro Inverter Market, Incremental Opportunity, by Power Rating, US$ Mn 2023 -2031
  • Figure 7 : Global Solar Micro Inverter Market Projections, by Application, Thousand Units, 2017-2031
  • Figure 8 : Global Solar Micro Inverter Market Projections, by Application, US$ Mn 2017-2031
  • Figure 9 : Global Solar Micro Inverter Market, Incremental Opportunity, by Application, US$ Mn 2023 -2031
  • Figure 10 : Global Solar Micro Inverter Market Projections, by Distribution Channel, Thousand Units, 2017-2031
  • Figure 11 : Global Solar Micro Inverter Market Projections, by Distribution Channel, US$ Mn 2017-2031
  • Figure 12 : Global Solar Micro Inverter Market, Incremental Opportunity, by Distribution Channel, US$ Mn 2023 -2031
  • Figure 13 : Global Solar Micro Inverter Market Projections, by Region, Thousand Units, 2017-2031
  • Figure 14 : Global Solar Micro Inverter Market Projections, by Region, US$ Mn 2017-2031
  • Figure 15 : Global Solar Micro Inverter Market, Incremental Opportunity, by Region, US$ Mn 2023 -2031
  • Figure 16 : North America Solar Micro Inverter Market Projections, by Type, Thousand Units 2017-2031
  • Figure 17 : North America Solar Micro Inverter Market Projections, by Type, US$ Mn 2017-2031
  • Figure 18 : North America Solar Micro Inverter Market, Incremental Opportunity, by Type, US$ Mn 2023 -2031
  • Figure 19 : North America Solar Micro Inverter Market Projections, by Power Rating, Thousand Units, 2017-2031
  • Figure 20 : North America Solar Micro Inverter Market Projections, by Power Rating, US$ Mn 2017-2031
  • Figure 21 : North America Solar Micro Inverter Market, Incremental Opportunity, by Power Rating, US$ Mn 2023 -2031
  • Figure 22 : North America Solar Micro Inverter Market Projections, by Application, Thousand Units, 2017-2031
  • Figure 23 : North America Solar Micro Inverter Market Projections, by Application, US$ Mn 2017-2031
  • Figure 24 : North America Solar Micro Inverter Market, Incremental Opportunity, by Application, US$ Mn 2023 -2031
  • Figure 25 : North America Solar Micro Inverter Market Projections, by Distribution Channel, Thousand Units, 2017-2031
  • Figure 26 : North America Solar Micro Inverter Market Projections, by Distribution Channel, US$ Mn 2017-2031
  • Figure 27 : North America Solar Micro Inverter Market, Incremental Opportunity, by Distribution Channel, US$ Mn 2023 -2031
  • Figure 28 : Europe Solar Micro Inverter Market Projections, by Type, Thousand Units 2017-2031
  • Figure 29 : Europe Solar Micro Inverter Market Projections, by Type, US$ Mn 2017-2031
  • Figure 30 : Europe Solar Micro Inverter Market, Incremental Opportunity, by Type, US$ Mn 2023 -2031
  • Figure 31 : Europe Solar Micro Inverter Market Projections, by Power Rating, Thousand Units, 2017-2031
  • Figure 32 : Europe Solar Micro Inverter Market Projections, by Power Rating, US$ Mn 2017-2031
  • Figure 33 : Europe Solar Micro Inverter Market, Incremental Opportunity, by Power Rating, US$ Mn 2023 -2031
  • Figure 34 : Europe Solar Micro Inverter Market Projections, by Application, Thousand Units, 2017-2031
  • Figure 35 : Europe Solar Micro Inverter Market Projections, by Application, US$ Mn 2017-2031
  • Figure 36 : Europe Solar Micro Inverter Market, Incremental Opportunity, by Application, US$ Mn 2023 -2031
  • Figure 37 : Europe Solar Micro Inverter Market Projections, by Distribution Channel, Thousand Units, 2017-2031
  • Figure 38 : Europe Solar Micro Inverter Market Projections, by Distribution Channel, US$ Mn 2017-2031
  • Figure 39 : Europe Solar Micro Inverter Market, Incremental Opportunity, by Distribution Channel, US$ Mn 2023 -2031
  • Figure 40 : Asia Pacific Solar Micro Inverter Market Projections, by Type, Thousand Units 2017-2031
  • Figure 41 : Asia Pacific Solar Micro Inverter Market Projections, by Type, US$ Mn 2017-2031
  • Figure 42 : Asia Pacific Solar Micro Inverter Market, Incremental Opportunity, by Type, US$ Mn 2023 -2031
  • Figure 43 : Asia Pacific Solar Micro Inverter Market Projections, by Power Rating, Thousand Units, 2017-2031
  • Figure 44 : Asia Pacific Solar Micro Inverter Market Projections, by Power Rating, US$ Mn 2017-2031
  • Figure 45 : Asia Pacific Solar Micro Inverter Market, Incremental Opportunity, by Power Rating, US$ Mn 2023 -2031
  • Figure 46 : Asia Pacific Solar Micro Inverter Market Projections, by Application, Thousand Units, 2017-2031
  • Figure 47 : Asia Pacific Solar Micro Inverter Market Projections, by Application, US$ Mn 2017-2031
  • Figure 48 : Asia Pacific Solar Micro Inverter Market, Incremental Opportunity, by Application, US$ Mn 2023 -2031
  • Figure 49 : Asia Pacific Solar Micro Inverter Market Projections, by Distribution Channel, Thousand Units, 2017-2031
  • Figure 50 : Asia Pacific Solar Micro Inverter Market Projections, by Distribution Channel, US$ Mn 2017-2031
  • Figure 51 : Asia Pacific Solar Micro Inverter Market, Incremental Opportunity, by Distribution Channel, US$ Mn 2023 -2031
  • Figure 52 : Middle East & Africa Solar Micro Inverter Market Projections, by Type, US$ Mn 2017-2031
  • Figure 53 : Middle East & Africa Solar Micro Inverter Market, Incremental Opportunity, by Type, US$ Mn 2023 -2031
  • Figure 54 : Middle East & Africa Solar Micro Inverter Market Projections, by Power Rating, Thousand Units, 2017-2031
  • Figure 55 : Middle East & Africa Solar Micro Inverter Market Projections, by Power Rating, US$ Mn 2017-2031
  • Figure 56 : Middle East & Africa Solar Micro Inverter Market, Incremental Opportunity, by Power Rating, US$ Mn 2023 -2031
  • Figure 57 : Middle East & Africa Solar Micro Inverter Market Projections, by Application, Thousand Units, 2017-2031
  • Figure 58 : Middle East & Africa Solar Micro Inverter Market Projections, by Application, US$ Mn 2017-2031
  • Figure 59 : Middle East & Africa Solar Micro Inverter Market, Incremental Opportunity, by Application, US$ Mn 2023 -2031
  • Figure 60 : Middle East & Africa Solar Micro Inverter Market Projections, by Distribution Channel, Thousand Units, 2017-2031
  • Figure 61 : Middle East & Africa Solar Micro Inverter Market Projections, by Distribution Channel, US$ Mn 2017-2031
  • Figure 62 : Middle East & Africa Solar Micro Inverter Market, Incremental Opportunity, by Distribution Channel, US$ Mn 2023 -2031
  • Figure 63 : South America Solar Micro Inverter Market Projections, by Type, US$ Mn 2017-2031
  • Figure 64 : South America Solar Micro Inverter Market, Incremental Opportunity, by Type, US$ Mn 2023 -2031
  • Figure 65 : South America Solar Micro Inverter Market Projections, by Power Rating, Thousand Units, 2017-2031
  • Figure 66 : South America Solar Micro Inverter Market Projections, by Power Rating, US$ Mn 2017-2031
  • Figure 67 : South America Solar Micro Inverter Market, Incremental Opportunity, by Power Rating, US$ Mn 2023 -2031
  • Figure 68 : South America Solar Micro Inverter Market Projections, by Application, Thousand Units, 2017-2031
  • Figure 69 : South America Solar Micro Inverter Market Projections, by Application, US$ Mn 2017-2031
  • Figure 70 : South America Solar Micro Inverter Market, Incremental Opportunity, by Application, US$ Mn 2023 -2031
  • Figure 71 : South America Solar Micro Inverter Market Projections, by Distribution Channel, Thousand Units, 2017-2031
  • Figure 72 : South America Solar Micro Inverter Market Projections, by Distribution Channel, US$ Mn 2017-2031
  • Figure 73 : South America Solar Micro Inverter Market, Incremental Opportunity, by Distribution Channel, US$ Mn 2023 -2031

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Solar Micro Inverter Market (Type: Single Phase and Three Phase; Application: Residential, Commercial, and Industrial/Utility)) - Global Industry...