Microinverters: Global Markets

Report Code: IAS190A

Publish Date: Oct 2022

Publisher: BCC Publishing

Category: Instruments

Customize This Report

Single User License: $2500

Member Price: FREE

EXPLORE OFFERS

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

The global market for microinverters is estimated to increase from $3.7 billion in 2022 to reach $8.1 billion by 2027, at a compound annual growth rate (CAGR) of 17.3% from 2022 through 2027.

Report Includes

  • 110 data tables and 67 additional tables
  • A comprehensive overview and up-to-date analysis of the global markets for microinverters
  • Analyses of the global market trends, with historic revenue data for 2021, estimates for 2022, forecasts for 2023 and 2025, and projections of five year compound annual growth rates (CAGRs) through 2027
  • Estimation of the actual market size and market forecast for microinverter in value and volumetric terms, and their corresponding market share analysis based on inverter phase, connectivity, load capacity, end-user segment, and geographic region
  • Assessment of major driving factors, opportunities and challenges in this innovation driven market, with emphasis on COVID-19 impact on the microinverters market
  • Discussion of the industry value chain analysis providing a systematic study of key intermediaries involved, with emphasis on manufacturers, suppliers, and major types of end-users of these products
  • Review of patents applied and published on microinverters by each major category, and detailed description of recent key granted patents
  • Insight into the recent industry structure, increasing investment on R&D activities, key growth strategies, and strategic analysis of key players in the global microinverter market
  • Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues
  • Descriptive company profiles of the leading global players, including AEconversion GmbH & Co. Kg., Crystal Solar Energy, Enphase Energy Inc., Siemens AG and Solar Panels Plus LLC

Report Scope

In this report, the market has been segmented based on phase type, connectivity, capacity, end user, and geography. The report provides an overview of the global microinverter market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period of 2022 through 2027. Market values have been estimated based on the total revenue of microinverter providers.

The report covers the market for microinverters with regard to the end-user base across different regions. It also highlights major trends and challenges that can affect the market and the vendor landscape. The report estimates the global market for microinverters in 2021 and provides projections for the expected market size through 2027.

The scope of the study includes microinverters phase type, connectivity, capacity, and end user. However, utility-scale applications have been excluded from the study.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022–2027
Base year market size $3.1 billion
Market size forecast $8.1 billion
Growth rate CAGR of 17.3% from 2022 to 2027
Units considered $ Millions
Segments covered Phase, Connectivity, Capacity, End user, Region, Business Segment, Country
Regions covered North America, Europe, Asia-Pacific, South America (Brazil, Argentina, and the Rest of South America) and RoW (Middle East and Africa)
Countries covered U.S., U.K., Canada, Mexico, Germany, Spain, Netherlands., Rest of Europe (Italy, France, Poland, etc.)., China, Japan, India, South Korea., Rest of APAC (Malaysia, Indonesia, Taiwan, and Australia, etc.).
Key Market Drivers
  • Increase in Residential and Commercial Solar Rooftop Installations
  • Remote Monitoring Capabilities of Microinverters
  • Technical Advantages of Microinverters over Conventional Solar Inverters
Companies studied
AECONVERSION GMBH & CO. KG.ALTENERGY POWER SYSTEM INC.
CRYSTAL SOLAR ENERGYDARFON ELECTRONICS CORP.
DELTA ELECTRONICS INC.DONGGUAN KAIDENG ENERGY TECHNOLOGY CO. LTD.
ENPHASE ENERGY INC.GENERAC POWER SYSTEMS INC.
NINGBO DEYE INVERTER TECHNOLOGY CO. LTD.NINGBO AUSTA SOLAR TECH CO. LTD.
NORTHERN ELECTRIC POWER TECHNOLOGY INC.RENESOLA LTD.
SENSATA TECHNOLOGIES INC.SIEMENS
SMA SOLAR TECHNOLOGY AGSOLAREDGE TECHNOLOGIES LTD.
SOLAR PANELS PLUS LLC.SUNSIGHTS SOLAR
U R ENERGYZHEJIANG ENVERTECH CORP. LTD.
Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Latest reports include:
Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Microinverters: Global Markets208Free
Chapter- 1: Introduction10Free
Chapter- 2: Summary and Highlights2Free
Chapter- 3: Microinverters: Market Overview26Free
Chapter- 4: Market Breakdown by Phase12Free
Chapter- 5: Market Breakdown by Connectivity10Free
Chapter- 6: Market Breakdown by Capacity17Free
Chapter- 7: Market Breakdown by End User9Free
Chapter- 8: Market Breakdown by Region58Free
Chapter- 9: Competitive Landscape9Free
Chapter- 10: Company Profiles52Free
Chapter- 11: Appendix: List of Acronyms3Free

Related Reports

Building-Integrated Photovoltaics (BIPV): Technologies and Global Markets

Published - Jan 2023 | Publisher - BCC Publishing | Code - EGY072E

The global market for building-integrated photovoltaics (BIPVs) is estimated to increase from $12.4 billion in 2022 to reach $34.8 billion by 2027, at a compound annual growth rate (CAGR) of 22.9% from 2022 through 2027.

Solar Energy Markets

Published - Aug 2022 | Publisher - BCC Publishing | Code - EGY165B

The global market for solar power technologies is estimated to increase from $182.5 billion in 2022 to $371.7 billion by 2027, at a compound annual growth rate (CAGR) of 15.3% during 2022-2027.

Microgrids: Technologies and Global Markets

Published - May 2022 | Publisher - BCC Publishing | Code - EGY147B

The global market for microgrid technologies should grow from $19.0 billion in 2021 to $40.3 billion by 2026 with a compound annual growth rate (CAGR) of 16.3% for the period of 2021-2026.

Welding Equipment and Supplies: The Global Market

Published - Nov 2019 | Publisher - Srinivasa Rajaram | Code - MFG079F

The global market for welding-related products reached $27.1 billion in 2018 and should reach $35.9 billion by 2023, at a compound annual growth rate (CAGR) of 5.8% for the period of 2018-2023.

Recent Reports

Brain-Computer Interface: Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - IAS180B

The global market for brain computer interface (BCI) was valued at $2.1 billion in 2023. The market is expected to grow from $2.3 billion in 2024 to $4.5 billion by 2029, at a compound annual growth rate (CAGR) of 14.2% from 2024 through 2029.

Educational Equipment and Software: Global Markets

Published - Sep 2024 | Publisher - BCC Publishing | Code - IAS118C

The global market for educational equipment and software is expected to grow from $105.4 billion in 2024 and is projected to reach $187.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.2% during the forecast period of 2024 to 2029.

Global Commercial Drones Market

Published - Sep 2024 | Publisher - Austin Samuel | Code - IAS203A

The report provides an overview of the global commercial drones market and a detailed analysis of the market players' products and strategies. Using 2023 as the base year, the report provides estimated market data for 2024 through 2029. Revenue forecasts for this period are segmented based on type, technology, weight, end-user, and geography.

Drone Technology and Global Markets

Published - Sep 2024 | Publisher - Austin Samuel | Code - IAS104E

The global drone technology market was valued at $30.4 billion in 2023. The market is projected to grow from $33.9 billion in 2024 to $61.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.6% from 2024 through 2029.

Sensors: Technologies and Global Markets

Published - Jun 2024 | Publisher - BCC Publishing | Code - IAS006P

The global market for sensors is estimated to increase from $179.7 billion in 2023 to reach $300.5 billion by 2029, at a compound annual growth rate (CAGR) of 8.9% from 2024 through 2029.

Top Trending Reports

Point-of-Care Diagnostics: Technologies and Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC043H

The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.

AI in Clinical and Molecular Diagnostics Market

Published - Oct 2024 | Publisher - BCC Publishing | Code - BIO261A

The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.

Medical Devices: Technologies and Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC170F

The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.

Global Artificial Intelligence (AI) Market: Investments vs Potential

Published - Aug 2024 | Publisher - BCC Publishing | Code - IFT189C

The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.

Global Oncology Pharmaceuticals Market

Published - Oct 2024 | Publisher - BCC Publishing | Code - PHM256B

The global market for oncology pharmaceuticals is estimated to increase from $196.4 billion in 2023 to reach $401.4 billion by 2029, at a compound annual growth rate (CAGR) of 12.7% from 2024 through 2029.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Microinverters: Global Markets
Customize Report