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A micro-inverter, or simply microinverter, is a plug-and-play device used in photovoltaics, that converts direct current (DC) generated by a single solar module to alternating current (AC).
The output from several microinverters can be combined and often fed to the electrical grid.
Microinverters contrast with conventional string and central solar inverters, which are connected to multiple solar modules or panels of the PV system.
This report provides a complete quantitative data and qualitative analysis on the global market for Micro-Inverter. Market size is analysed by country, product type, application, and competitors. Expanded coverage includes additional end-user industry breakdowns and in-depth producer profiles.
Prior to COVID-19, the global market for Micro-Inverter was anticipated to grow from US$ XX million in 2020 to US$ XX million by 2026; it is expected to grow at a CAGR of xx% during 2021–2026, whereas post-COVID-19 scenario, the market for Micro-Inverter is projected to grow from US$ XX million in 2020 (a change by ~XX% compared to market estimated for 2020 before the outbreak of COVID-19) to US$ XX billion by 2026; it is expected to grow at a CAGR of XX% during 2021–2026.
This report covers market size and forecasts of Micro-Inverter, including the following market information:
Global Micro-Inverter Market Size, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Micro-Inverter Market Size by Type and by Application, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Micro-Inverter Market Size by Region (and Key Countries), 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Micro-Inverter Market Size by Company, 2019- 2020 (quarterly data), (US$ Million) & (K Units)
Key market players
Major competitors identified in this market include AEconversion, Chilicon Power, Enluxsolar, Involar, ReneSola, Saronic (EU) Power Tech, Altenergy Power System, Darfon Electronics, Enphase Energy, Omnik New Energy, Samil Power, Sensata Technologies, Siemens, SMA Solar Technology, Sparq Systems, SunPower, U R Energy, etc.
Based on the Region:
Asia-Pacific (China, Japan, South Korea, India and ASEAN)
North America (US and Canada)
Europe (Germany, France, UK and Italy)
Rest of World (Latin America, Middle East & Africa)
Based on the Type:
Single Phase
Three Phase
Based on the Application:
Residential
Commercial
PV Power Plant
The output from several microinverters can be combined and often fed to the electrical grid.
Microinverters contrast with conventional string and central solar inverters, which are connected to multiple solar modules or panels of the PV system.
This report provides a complete quantitative data and qualitative analysis on the global market for Micro-Inverter. Market size is analysed by country, product type, application, and competitors. Expanded coverage includes additional end-user industry breakdowns and in-depth producer profiles.
Prior to COVID-19, the global market for Micro-Inverter was anticipated to grow from US$ XX million in 2020 to US$ XX million by 2026; it is expected to grow at a CAGR of xx% during 2021–2026, whereas post-COVID-19 scenario, the market for Micro-Inverter is projected to grow from US$ XX million in 2020 (a change by ~XX% compared to market estimated for 2020 before the outbreak of COVID-19) to US$ XX billion by 2026; it is expected to grow at a CAGR of XX% during 2021–2026.
This report covers market size and forecasts of Micro-Inverter, including the following market information:
Global Micro-Inverter Market Size, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Micro-Inverter Market Size by Type and by Application, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Micro-Inverter Market Size by Region (and Key Countries), 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Micro-Inverter Market Size by Company, 2019- 2020 (quarterly data), (US$ Million) & (K Units)
Key market players
Major competitors identified in this market include AEconversion, Chilicon Power, Enluxsolar, Involar, ReneSola, Saronic (EU) Power Tech, Altenergy Power System, Darfon Electronics, Enphase Energy, Omnik New Energy, Samil Power, Sensata Technologies, Siemens, SMA Solar Technology, Sparq Systems, SunPower, U R Energy, etc.
Based on the Region:
Asia-Pacific (China, Japan, South Korea, India and ASEAN)
North America (US and Canada)
Europe (Germany, France, UK and Italy)
Rest of World (Latin America, Middle East & Africa)
Based on the Type:
Single Phase
Three Phase
Based on the Application:
Residential
Commercial
PV Power Plant
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
