Report Outlook
Market Size | CAGR | Dominating Region |
---|---|---|
USD 14.03 Billion by 2029 | 20.70% | North America |
By Connection | By Type | By End User |
---|---|---|
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SCOPE OF THE REPORT
Micro-Inverter Market Overview
The micro-inverter market is expected to grow at 20.70% CAGR from 2022 to 2029. It is expected to reach above USD 14.03 Billion by 2029 from USD 2.58 Billion in 2020.
A micro-inverter is an electronic device used in solar energy systems that converts direct current (DC) electricity generated by solar panels into alternating current (AC) electricity that can be used to power homes or businesses, or fed into the electric grid. Unlike traditional string inverters, which are installed on a string of solar panels, micro-inverters are typically installed on each individual panel, allowing for maximum power output from each panel and providing higher energy yields. Micro-inverters offer advantages such as improved system efficiency, better performance in shaded or mismatched panels, enhanced safety, monitoring, and flexibility in system design. They are commonly used in residential, commercial, and industrial solar energy systems to optimize the performance of solar panels and improve overall system performance.
The increasing adoption of solar energy is indeed a key driver for the micro-inverter market. As more consumers and businesses are turning to solar energy as a clean, sustainable, and cost-effective source of electricity, the demand for micro-inverters as an essential component of solar energy systems is also increasing. Micro-inverters play a crucial role in converting the DC electricity generated by solar panels into usable AC electricity for consumption or grid connection, optimizing the performance of solar panels and improving the overall efficiency of solar energy systems. The growing awareness about environmental concerns, energy cost savings, energy independence, renewable portfolio standards, advancements in solar panel technology, and sustainability goals of consumers and businesses are all contributing to the increasing adoption of solar energy, which in turn is driving the demand for micro-inverters in the market.
ATTRIBUTE | DETAILS |
Study period | 2020-2029 |
Base year | 2021 |
Estimated year | 2022 |
Forecasted year | 2022-2029 |
Historical period | 2018-2020 |
Unit | Value (USD Billion), (Thousand Units). |
Segmentation | By Connection, By Type, By Application, By Region |
By Connection |
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By Type |
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By End User |
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By Region |
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Cost is one of the key restraints for the micro-inverter market. Micro-inverters can be more expensive compared to other types of solar inverters, such as string inverters or central inverters. The cost of micro-inverters includes not only the purchase cost of the micro-inverter units themselves, but also the additional costs associated with installation, labor, and maintenance. In addition to installation costs, maintenance costs may also be higher for micro-inverters compared to other types of inverters. Micro-inverters are exposed to outdoor environmental conditions, and may require regular monitoring and maintenance to ensure optimal performance. This can add to the ongoing operational costs of a solar energy system using micro-inverters.
Growing commercial and industrial solar installations present a significant opportunity for the micro-inverter market. These installations can benefit from the unique features of micro-inverters, such as panel-level monitoring, higher efficiency, and flexibility in system design. The cost savings, sustainability goals, enhanced system performance, scalability, and potential incentives associated with commercial and industrial solar installations make micro-inverters a viable and attractive option for these applications. As the adoption of solar energy in commercial and industrial sectors continues to grow, the demand for micro-inverters is expected to increase, creating opportunities for market expansion.
The COVID-19 pandemic had a negative impact on the micro-inverter market, including disruptions in the global supply chains, project delays, economic downturn leading to reduced budgets, shifts in priorities, changes in government policies and incentives, and challenges in remote work and virtual sales. These factors had affected the availability, demand, and sales of micro-inverters, potentially leading to supply constraints, delayed installations, reduced investments, and changes in sales strategies. However, the long-term prospects of the micro-inverter market remain positive, as the adoption of solar energy continues to be a driving force for renewable energy installations.
Micro-Inverter Market Segment Analysis
The dominant sub-segment in the micro-inverter market is grid-connected systems. Grid-connected micro-inverters are the most common and widely adopted type of micro-inverter installations, as they allow for seamless integration with the utility grid and enable users to offset their electricity consumption and potentially receive credits or payments for excess electricity fed back into the grid. Grid-connected micro-inverter systems are used in various applications, including residential, commercial, and industrial solar energy installations. They offer advantages such as high efficiency, scalability, and ease of installation, making them the dominant sub-segment in the micro-inverter market, driven by the increasing adoption of solar energy and grid-tied solar installations worldwide.
The dominant sub-segment in the micro-inverter market in terms of type is single-phase micro-inverters. Single-phase micro-inverters are designed to convert DC power from solar panels into single-phase AC power, which is commonly used in residential and small-scale commercial solar energy installations. These micro-inverters are typically used in single-phase electrical systems, which are prevalent in most residential buildings and small-scale commercial installations.
The dominant sub-segment in the micro-inverter market in terms of end-user segment is residential. Residential end-users, including homeowners and small-scale residential installations, are the largest segment driving the demand for micro-inverters. Micro-inverters are widely used in residential solar energy installations as they offer advantages such as high efficiency, scalability, and ease of installation. Residential solar installations typically require smaller power capacities compared to commercial and industrial installations, making micro-inverters an ideal choice for converting DC power from solar panels into AC power for residential consumption.
Micro-Inverter Market Players
The micro-inverter market key players include Involar, P and P Energy Technology Co Limited, Enphase Energy, Inc, ABB Group, SunPower Corporation, SMA Solar Technology AG, Delta Energy Systems GmbH, SolarEdge Technologies Inc., ReneSola, Siemens AG.
Recent Development:
- Jan 2023, A global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, announced that installers of Enphase® products in New Hampshire had seen growing deployments of Enphase Energy Systemsâ„¢ powered by IQ8â„¢ Microinverters.
- April 2023, ABB invested $170 million in the US.
Who Should Buy? Or Key stakeholders
- Raw Materials Manufacturers
- Supplier and Distributor
- Solar Panel Manufacturers
- Inverter Companies
- Research Organizations
- Investors
- Regulatory Authorities
- Others
Micro-Inverter Market Regional Analysis
The Micro-Inverter Market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
North America has been a dominant region in the micro-inverter market. The United States has shown significant adoption of solar energy systems in residential, commercial, and industrial sectors, driving the demand for micro-inverters. Favorable government policies, incentives, and a mature solar market have contributed to the dominance of North America in the micro-inverter market. Additionally, the increasing awareness about renewable energy, declining solar panel costs, and favorable net metering policies in several states have further fueled the demand for micro-inverters in North America.
Asia Pacific is a rapidly growing region in the micro-inverter market. Countries like China, Japan, and Australia have shown strong growth in the adoption of solar energy systems, which has driven the demand for micro-inverters. China has been a major market for micro-inverters due to its large-scale solar installations, while Japan has a significant residential solar market. Australia has also witnessed rapid growth in residential solar installations, driving the demand for micro-inverters. The increasing focus on renewable energy, government policies, and incentives supporting solar energy adoption in the Asia Pacific region have contributed to its growth in the micro-inverter market.
Key Market Segments: Micro-Inverter Market
Micro-Inverter Market By Connection, 2020-2029, (USD Billion), (Thousand Units).
- Stand Alone
- Grid Connected
Micro-Inverter Market By Type, 2020-2029, (USD Billion), (Thousand Units).
- Single Phase
- Three Phase
Micro-Inverter Market By End User, 2020-2029, (USD Billion), (Thousand Units).
- Residential
- Commercial
Micro-Inverter Market By Region, 2020-2029, (USD Billion), (Thousand Units).
- North America
- Asia Pacific
- Europe
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Exactitude Consultancy Services Key Objectives:
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- What is the expected growth rate of the micro-inverter market over the next 7 years?
- Who are the major players in the micro-inverter market and what is their market share?
- What are the end-user industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-pacific, middle east, and Africa?
- How is the economic environment affecting the micro-inverter market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the micro-inverter market?
- What is the current and forecasted size and growth rate of the global micro-inverter market?
- What are the key drivers of growth in the micro-inverter market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the micro-inverter market?
- What are the technological advancements and innovations in the micro-inverter market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the micro-inverter market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the micro-inverter market?
- What are the products offerings and specifications of leading players in the market?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL MICRO-INVERTER MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON MICRO-INVERTER MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL MICRO-INVERTER MARKET OUTLOOK
- GLOBAL MICRO-INVERTER MARKET BY CONNECTION, 2020-2029, (USD BILLION), (THOUSAND UNITS)
- STAND ALONE
- GRID CONNECTED
- GLOBAL MICRO-INVERTER MARKET BY TYPE, 2020-2029, (USD BILLION), (THOUSAND UNITS)
- SINGLE PHASE
- THREE PHASE
- GLOBAL MICRO-INVERTER MARKET BY END USER, 2020-2029, (USD BILLION), (THOUSAND UNITS)
- RESIDENTIAL
- COMMERCIAL
- GLOBAL MICRO-INVERTER MARKET BY REGION, 2020-2029, (USD BILLION), (THOUSAND UNITS)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- INVOLAR
- P AND P ENERGY TECHNOLOGY CO LIMITED
- ENPHASE ENERGY INC.
- ABB GROUP
- SUNPOWER CORPORATION
- SMA SOLAR TECHNOLOGY AG
- DELTA ENERGY SYSTEMS GMBH
- SOLAREDGE TECHNOLOGIES INC.
- RENESOLA
- SIEMENS AG *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 2Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 3Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 4Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 5Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-INVERTER MARKET BY REGION (USD BILLION) 2020-2029
TABLE 8Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-INVERTER MARKET BY REGION (THOUSAND UNITS) 2020-2029
TABLE 9Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA MICRO-INVERTER MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA MICRO-INVERTER MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â US MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â US MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â US MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â US MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â US MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â US MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA MICRO-INVERTER MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA MICRO-INVERTER MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC MICRO-INVERTER MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC MICRO-INVERTER MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 80Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 81Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 82Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 83Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 84Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 85Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 86Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 87Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 88Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 89Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 90Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 91Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 92Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 93Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 94Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 95Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 96Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 97Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 98Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 99Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 100Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 101Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 102Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 103Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 104Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 105Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 106Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 107Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 108Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 109Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 110Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 111Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 112Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 113Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 114Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 115Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 116Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 117Â Â Â Â Â Â Â Â Â Â Â EUROPE MICRO-INVERTER MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 118Â Â Â Â Â Â Â Â Â Â Â EUROPE MICRO-INVERTER MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 119Â Â Â Â Â Â Â Â Â Â Â EUROPE MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 120Â Â Â Â Â Â Â Â Â Â Â EUROPE MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 121Â Â Â Â Â Â Â Â Â Â Â EUROPE MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 122Â Â Â Â Â Â Â Â Â Â Â EUROPE MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 123Â Â Â Â Â Â Â Â Â Â Â EUROPE MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 124Â Â Â Â Â Â Â Â Â Â Â EUROPE MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 125Â Â Â Â Â Â Â Â Â Â Â GERMANY MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 126Â Â Â Â Â Â Â Â Â Â Â GERMANY MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 127Â Â Â Â Â Â Â Â Â Â Â GERMANY MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 128Â Â Â Â Â Â Â Â Â Â Â GERMANY MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 129Â Â Â Â Â Â Â Â Â Â Â GERMANY MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 130Â Â Â Â Â Â Â Â Â Â Â GERMANY MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 131Â Â Â Â Â Â Â Â Â Â Â UK MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 132Â Â Â Â Â Â Â Â Â Â Â UK MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 133Â Â Â Â Â Â Â Â Â Â Â UK MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 134Â Â Â Â Â Â Â Â Â Â Â UK MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 135Â Â Â Â Â Â Â Â Â Â Â UK MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 136Â Â Â Â Â Â Â Â Â Â Â UK MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 137Â Â Â Â Â Â Â Â Â Â Â FRANCE MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 138Â Â Â Â Â Â Â Â Â Â Â FRANCE MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 139Â Â Â Â Â Â Â Â Â Â Â FRANCE MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 140Â Â Â Â Â Â Â Â Â Â Â FRANCE MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 141Â Â Â Â Â Â Â Â Â Â Â FRANCE MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 142Â Â Â Â Â Â Â Â Â Â Â FRANCE MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 143Â Â Â Â Â Â Â Â Â Â Â ITALY MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 144Â Â Â Â Â Â Â Â Â Â Â ITALY MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 145Â Â Â Â Â Â Â Â Â Â Â ITALY MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 146Â Â Â Â Â Â Â Â Â Â Â ITALY MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 147Â Â Â Â Â Â Â Â Â Â Â ITALY MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 148Â Â Â Â Â Â Â Â Â Â Â ITALY MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 149Â Â Â Â Â Â Â Â Â Â Â SPAIN MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 150Â Â Â Â Â Â Â Â Â Â Â SPAIN MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 151Â Â Â Â Â Â Â Â Â Â Â SPAIN MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 152Â Â Â Â Â Â Â Â Â Â Â SPAIN MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 153Â Â Â Â Â Â Â Â Â Â Â SPAIN MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 154Â Â Â Â Â Â Â Â Â Â Â SPAIN MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 155Â Â Â Â Â Â Â Â Â Â Â RUSSIA MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 156Â Â Â Â Â Â Â Â Â Â Â RUSSIA MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 157Â Â Â Â Â Â Â Â Â Â Â RUSSIA MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 158Â Â Â Â Â Â Â Â Â Â Â RUSSIA MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 159Â Â Â Â Â Â Â Â Â Â Â RUSSIA MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 160Â Â Â Â Â Â Â Â Â Â Â RUSSIA MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 161Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 162Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 163Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 164Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 165Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 166Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 167Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA MICRO-INVERTER MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 168Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA MICRO-INVERTER MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 169Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 170Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 171Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 172Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 173Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 174Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 175Â Â Â Â Â Â Â Â Â Â Â UAE MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 176Â Â Â Â Â Â Â Â Â Â Â UAE MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 177Â Â Â Â Â Â Â Â Â Â Â UAE MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 178Â Â Â Â Â Â Â Â Â Â Â UAE MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 179Â Â Â Â Â Â Â Â Â Â Â UAE MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 180Â Â Â Â Â Â Â Â Â Â Â UAE MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 181Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 182Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 183Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 184Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 185Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 186Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 187Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 188Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 189Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 190Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 191Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 192Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 193Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA MICRO-INVERTER MARKET BY CONNECTION (USD BILLION) 2020-2029
TABLE 194Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA MICRO-INVERTER MARKET BY CONNECTION (THOUSAND UNITS) 2020-2029
TABLE 195Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA MICRO-INVERTER MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 196Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA MICRO-INVERTER MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 197Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA MICRO-INVERTER MARKET BY END USER (USD BILLION) 2020-2029
TABLE 198Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA MICRO-INVERTER MARKET BY END USER (THOUSAND UNITS) 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-INVERTER MARKET BY CONNECTION, USD BILLION, 2020-2029
FIGURE 9Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-INVERTER MARKET BY TYPE, USD BILLION, 2020-2029
FIGURE 10Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-INVERTER MARKET BY END USER, USD BILLION, 2020-2029
FIGURE 11Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-INVERTER MARKET BY REGION, USD BILLION, 2020-2029
FIGURE 12          PORTER’S FIVE FORCES MODEL
FIGURE 13Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-INVERTER MARKET BY CONNECTION, USD BILLION, 2021
FIGURE 14Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-INVERTER MARKET BY TYPE, USD BILLION, 2021
FIGURE 15Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-INVERTER MARKET BY END USER, USD BILLION, 2021
FIGURE 16Â Â Â Â Â Â Â Â Â Â GLOBAL MICRO-INVERTER MARKET BY REGION, USD BILLION, 2021
FIGURE 17Â Â Â Â Â Â Â Â Â Â NORTH AMERICA MICRO-INVERTER MARKET SNAPSHOT
FIGURE 18Â Â Â Â Â Â Â Â Â Â EUROPE MICRO-INVERTER MARKET SNAPSHOT
FIGURE 19Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA MICRO-INVERTER MARKET SNAPSHOT
FIGURE 20Â Â Â Â Â Â Â Â Â Â ASIA PACIFIC MICRO-INVERTER MARKET SNAPSHOT
FIGURE 21Â Â Â Â Â Â Â Â Â Â MIDDLE EAST ASIA AND AFRICA MICRO-INVERTER MARKET SNAPSHOT
FIGURE 22Â Â Â Â Â Â Â Â Â Â MARKET SHARE ANALYSIS
FIGURE 23Â Â Â Â Â Â Â Â Â Â INVOLAR: COMPANY SNAPSHOT
FIGURE 24Â Â Â Â Â Â Â Â Â Â P AND P ENERGY TECHNOLOGY CO. LIMITED: COMPANY SNAPSHOT
FIGURE 25Â Â Â Â Â Â Â Â Â Â ENPHASE ENERGY INC.: COMPANY SNAPSHOT
FIGURE 26Â Â Â Â Â Â Â Â Â Â ABB GROUP: COMPANY SNAPSHOT
FIGURE 27Â Â Â Â Â Â Â Â Â Â SUNPOWER CORPORATION: COMPANY SNAPSHOT
FIGURE 28Â Â Â Â Â Â Â Â Â Â SMA SOLAR TECHNOLOGY AG: COMPANY SNAPSHOT
FIGURE 29Â Â Â Â Â Â Â Â Â Â DELTA ENERGY SYSTEMS GMBH: COMPANY SNAPSHOT
FIGURE 30Â Â Â Â Â Â Â Â Â Â SOLAREDGE TECHNOLOGIES INC.: COMPANY SNAPSHOT
FIGURE 31Â Â Â Â Â Â Â Â Â Â RENESOLA: COMPANY SNAPSHOT
FIGURE 32Â Â Â Â Â Â Â Â Â Â SIEMENS AG: COMPANY SNAPSHOT
FAQ
The micro-inverter market is expected to grow at 20.70% CAGR from 2022 to 2029. It is expected to reach above USD 14.03 Billion by 2029 from USD 2.58 Billion in 2020.
North America held more than 38% of the micro-inverter market revenue share in 2021 and will witness expansion in the forecast period.
The growing awareness about the need for renewable and clean energy sources has led to an increasing adoption of solar energy. Solar power is considered environmentally friendly and sustainable, and micro-inverters play a crucial role in efficiently converting the DC electricity generated by solar panels into usable AC electricity for homes, businesses, and the grid.
The energy and power has major sector where the application of micro-inverter has seen more.
North America region dominated the market with highest revenue share.
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