Analysts’ Viewpoint
Increase in use of solar panels, globally, is projected to boost the solar micro inverter industry. Rapid urbanization, changes in lifestyle, concerns regarding carbon emission, and growing preference toward clean and greener environment are key factors that are expected to contribute to the growth of solar micro inverter business opportunities in the near future. Generally, solar micro inverter yields more solar electricity and has a longer lifespan as compared to its substitutes. Key players are collaborating with other manufacturers of solar panels and different distributors to expand their business, cater to maximum number of customers, and consolidate their solar micro inverter market share.
Higher cost of repair, along with availability of substitutes, such as solar string inverters, could affect the margins of solar micro inverter companies. According to the latest solar micro inverter industry analysis, manufacturers are continuously improving their product offering by integrating advanced technology. For instance, Enphase has introduced a new series of smart micro inverter with split phase power conversion capabilities using breakthrough technology in order to capture more energy in low-light conditions and offer plug-and-play technology to make installations faster and easier.
Solar micro inverter is a photovoltaic micro inverter that converts direct current (DC) from a panel into utility frequency alternating current (AC) that can be fed into a commercial electrical grid and also used for local, off-grid electrical network. Micro inverters for solar panels act as a brain of the system. This type of inverter uses module-level power electronics, which needs power conversion at the module level. It is also known as solar mini inverter.
Demand for various solar micro inverter types is rising, as they provide better performance, efficiency, and improved safety as compared to traditional central inverters. Growing solar micro inverter applications in residential, commercial and industrial sectors is projected to boost the solar micro inverter market growth in the near future.
The global solar micro inverter industry has been growing considerably for the last few years due to increase in use of renewable or solar energy. Sunpower micro inverters provide various advantages such as generation of more power out of the same panels as compared to string inverters. Moreover, micro inverters are easy to install, as they use standard AC wiring and require very less time to plug in each unit. Furthermore, if a piece of equipment fails completely, the rest of the array still keeps producing power since the panel is isolated. Thus, micro inverters are highly preferred for solar panels as compared to their substitutes.
China, U.S., Japan, Germany, India, etc., are major solar power producing countries. Growing demand for solar power coupled with growing preference for greener and sustainable environment in these countries is projected to boost the global solar micro inverter market demand.
The inflation reduction act in countries such as the U.S. and various tax incentives by governments of various regions are estimated to boost the demand for solar panels in the next few years. Governments of several countries in different regions are focusing on the development of the solar power industry and introducing policies to boost energy security, reduce emissions, and reach their respective climate goals.
The Energy Ministers of various governments in Southeast Asia agreed to set a target of 35% renewable energy capacity by 2025. Moreover, the Government of U.S. is also planning to have 100% carbon pollution-free electricity by 2035. Thus, future plans by various governments for growth of clean energy in the next few years are anticipated to positively impact the solar micro inverter market forecast.
In terms of type, the three phase segment accounted for major solar micro inverter market share, as three phase can handle more power output as compared to single phase. Consequently, three phase solar micro inverters are used for majority large residential and commercial solar systems.
Moreover, the three phase solar micro inverter is more efficient in converting DC power to AC power for use in the grid, and it is compatible with the grid infrastructure in various regions. All these factors makes three phase type micro inverter a better choice as compared to the single phase type solar micro inverter, especially at places where large solar systems are installed.
According to the region-wise solar micro inverter market forecast, Asia Pacific is anticipated to hold major share of the global market, followed by North America and Europe, during the forecast period, owing to installation of large solar plants and significant adoption of solar systems in countries such as China and Japan. Moreover, governments are providing support and offering various incentives to boost the solar industry in the region. Furthermore, demand for installation of solar mini inverters is increasing in Asia Pacific owing to huge demand for electricity due to growing population in the region.
Manufacturers in the global solar micro inverter industry are focusing on product developments and are trying to meet the demands of customers. They are focused on introduction of more technology advanced and energy-efficient solar micro inverters at reasonable prices to consolidate their position in the market.
The global solar micro inverter business is highly fragmented due to presence of several local, regional and global players. Various marketing strategies are being adopted by prominent companies to create opportunities for revenue growth in the near future.
Key players have been profiled in the solar micro inverter market report based on parameters such as company overview, business strategies, financial overview, product portfolio, business segments and recent developments.
Prominent manufacturers in the solar micro inverter market include Enphase Energy Solar edge, Leadsolar, Ningbo Deye Inverter Technology Co, Hoymiles, Altenergy Power System Inc, Sparq System, Chilicon Power, Northern electric and Power Ltd, and SMA Solar Technology.
|
Attribute |
Detail |
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Market Value in 2022 (Base Year) |
US$ 2.0 Bn |
|
Market Value in 2031 |
US$ 11.6 Bn |
|
Growth Rate (CAGR) |
18.9% |
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Forecast Period |
2023-2031 |
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Quantitative Units |
US$ Bn for Value and Thousand Units for Volume |
|
Market Analysis |
Global qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, SWOT analysis, technology analysis, etc. Furthermore, at the regional level, qualitative analysis includes key trends, price trends, and key supplier analysis. |
|
Competition Landscape |
|
|
Regions Covered |
|
|
Market Segmentation |
|
|
Companies Profiled |
|
|
Customization Scope |
Available upon Request |
|
Pricing |
Available upon Request |
The global market was valued at US$ 2.0 Bn in 2022.
The market is expected to reach a value of US$ 11.6 Bn by 2031.
It is estimated to expand at a CAGR of 18.9% by 2031.
Increase in adoption of solar micro inverter panels and growing government support to boost adoption of renewable energy.
The three-phase segment held major share in 2022.
Asia-Pacific was a more attractive region for vendors, followed by North America and Europe, in 2022.
Enphase Energy, Solar edge, Leadsolar, NingBo Deye Inverter Technology Co, Hoymiles, Altenergy Power System Inc, Sparq System, Chilicon Power, Northern electric and Power Ltd, and SMA Solar Technology.
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.2. Key Market Indicators
5.3. Key Trend Analysis
5.3.1. Supplier Side
5.3.2. Demand Side
5.4. Industry SWOT Analysis
5.5. Porter’s Five Forces Analysis
5.6. COVID-19 Impact Analysis
5.7. Value Chain Analysis
5.8. Technology Analysis
5.9. Global Solar Micro Inverter Market Analysis and Forecast, 2017- 2031
5.9.1. Market Value Projections (US$ Mn)
5.9.2. Market Volume Projections (Thousand Units)
6. Global Solar Micro Inverter Market Analysis and Forecast, by Type
6.1. Global Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Type, 2017- 2031
6.1.1. Single Phase
6.1.2. Three Phase
6.2. Incremental Opportunity, by Type
7. Global Solar Micro Inverter Market Analysis and Forecast, by Power Rating
7.1. Global Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Power Rating, 2017- 2031
7.1.1. Below 250 w
7.1.2. 250 w to 500 w
7.1.3. Above 500 w
7.2. Incremental Opportunity, by Power Rating
8. Global Solar Micro Inverter Market Analysis and Forecast, by Application
8.1. Global Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Application, 2017- 2031
8.1.1. Residential
8.1.2. Commercial
8.1.3. Industrial/Utility
8.2. Incremental Opportunity, by Application
9. Global Solar Micro Inverter Market Analysis and Forecast, by Distribution Channel
9.1. Global Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Distribution Channel, 2017- 2031
9.1.1. Online
9.1.2. Offline
9.1.2.1. Direct Sales
9.1.2.2. Indirect Sales
9.2. Incremental Opportunity, by Distribution Channel
10. Global Solar Micro Inverter Market Analysis and Forecast, by Region
10.1. Global Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Region, 2017- 2031
10.1.1. North America
10.1.2. Europe
10.1.3. Asia Pacific
10.1.4. Middle East & Africa
10.1.5. South America
10.2. Incremental Opportunity, by Region
11. North America Solar Micro Inverter Market Analysis and Forecast
11.1. Regional Snapshot
11.2. Key Supplier Analysis
11.3. Key Trends Analysis
11.3.1. Supply side
11.3.2. Demand Side
11.4. Price Trend Analysis
11.4.1. Weighted Average Selling Power Rating (USD)
11.5. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Type, 2017- 2031
11.5.1. Single Phase
11.5.2. Three Phase
11.6. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Power Rating, 2017- 2031
11.6.1. Below 250 w
11.6.2. 250 w to 500 w
11.6.3. Above 500 w
11.7. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Application, 2017- 2031
11.7.1. Residential
11.7.2. Commercial
11.7.3. Industrial/Utility
11.8. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Distribution Channel, 2017- 2031
11.8.1. Online
11.8.2. Offline
11.8.2.1. Direct Sales
11.8.2.2. Indirect Sales
11.9. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Country, 2017- 2031
11.9.1. U.S.
11.9.2. Canada
11.9.3. Rest of North America
11.10. Incremental Opportunity Analysis
12. Europe Solar Micro Inverter Market Analysis and Forecast
12.1. Regional Snapshot
12.2. Key Supplier Analysis
12.3. Key Trends Analysis
12.3.1. Supply side
12.3.2. Demand Side
12.4. Price Trend Analysis
12.4.1. Weighted Average Selling Power Rating (USD)
12.5. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Type, 2017- 2031
12.5.1. Single Phase
12.5.2. Three Phase
12.6. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Power Rating, 2017- 2031
12.6.1. Below 250 w
12.6.2. 250 w to 500 w
12.6.3. Above 500 w
12.7. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Application, 2017- 2031
12.7.1. Residential
12.7.2. Commercial
12.7.3. Industrial/Utility
12.8. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Distribution Channel, 2017- 2031
12.8.1. Online
12.8.2. Offline
12.8.2.1. Direct Sales
12.8.2.2. Indirect Sales
12.9. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units) Forecast, by Country, 2017- 2031
12.9.1. U.K.
12.9.2. Germany
12.9.3. France
12.9.4. Rest of Europe
12.10. Incremental Opportunity Analysis
13. Asia Pacific Solar Micro Inverter Market Analysis and Forecast
13.1. Regional Snapshot
13.2. Key Supplier Analysis
13.3. Key Trends Analysis
13.3.1. Supply side
13.3.2. Demand Side
13.4. Price Trend Analysis
13.4.1. Weighted Average Selling Power Rating (USD)
13.5. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Type, 2017- 2031
13.5.1. Single Phase
13.5.2. Three Phase
13.6. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Power Rating, 2017- 2031
13.6.1. Below 250 w
13.6.2. 250 w to 500 w
13.6.3. Above 500 w
13.7. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Application, 2017- 2031
13.7.1. Residential
13.7.2. Commercial
13.7.3. Industrial/Utility
13.8. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Distribution Channel, 2017- 2031
13.8.1. Online
13.8.2. Offline
13.8.2.1. Direct Sales
13.8.2.2. Indirect Sales
13.9. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units) Forecast, by Country, 2017- 2031
13.9.1. China
13.9.2. India
13.9.3. Japan
13.9.4. Rest of Asia Pacific
13.10. Incremental Opportunity Analysis
14. Middle East & Africa Solar Micro Inverter Market Analysis and Forecast
14.1. Regional Snapshot
14.2. Key Supplier Analysis
14.3. Key Trends Analysis
14.3.1. Supply side
14.3.2. Demand Side
14.4. Price Trend Analysis
14.4.1. Weighted Average Selling Power Rating (USD)
14.5. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Type, 2017- 2031
14.5.1. Single Phase
14.5.2. Three Phase
14.6. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Power Rating, 2017- 2031
14.6.1. Below 250 w
14.6.2. 250 w to 500 w
14.6.3. Above 500 w
14.7. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Application, 2017- 2031
14.7.1. Residential
14.7.2. Commercial
14.7.3. Industrial/Utility
14.8. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Distribution Channel, 2017- 2031
14.8.1. Online
14.8.2. Offline
14.8.2.1. Direct Sales
14.8.2.2. Indirect Sales
14.9. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units) Forecast, by Country, 2017- 2031
14.9.1. GCC
14.9.2. South Africa
14.9.3. Rest of Middle East & Africa
14.10. Incremental Opportunity Analysis
15. South America Solar Micro Inverter Market Analysis and Forecast
15.1. Regional Snapshot
15.2. Key Supplier Analysis
15.3. Key Trends Analysis
15.3.1. Supply side
15.3.2. Demand Side
15.4. Price Trend Analysis
15.4.1. Weighted Average Selling Power Rating (USD)
15.5. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Type, 2017- 2031
15.5.1. Single Phase
15.5.2. Three Phase
15.6. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Power Rating, 2017- 2031
15.6.1. Below 250 w
15.6.2. 250 w to 500 w
15.6.3. Above 500 w
15.7. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Application, 2017- 2031
15.7.1. Residential
15.7.2. Commercial
15.7.3. Industrial/Utility
15.8. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units), by Distribution Channel, 2017- 2031
15.8.1. Online
15.8.2. Offline
15.8.2.1. Direct Sales
15.8.2.2. Indirect Sales
15.9. Solar Micro Inverter Market Size (US$ Mn) (Thousand Units) Forecast, by Country, 2017- 2031
15.9.1. Brazil
15.9.2. Rest of South America
15.10. Incremental Opportunity Analysis
16. Competition Landscape
16.1. Competition Dashboard
16.2. Market Share Analysis % (2022)
16.3. Company Profiles [Company Overview, Product Portfolio, Financial Information, (Subject to Data Availability), Business Strategies / Recent Developments]
16.3.1. Enphase Energy
16.3.1.1. Company Overview
16.3.1.2. Product Portfolio
16.3.1.3. Financial Information
16.3.1.4. (Subject to Data Availability)
16.3.1.5. Business Strategies / Recent Developments
16.3.2. Solar edge
16.3.2.1. Company Overview
16.3.2.2. Product Portfolio
16.3.2.3. Financial Information
16.3.2.4. (Subject to Data Availability)
16.3.2.5. Business Strategies / Recent Developments
16.3.3. Leadsolar
16.3.3.1. Company Overview
16.3.3.2. Product Portfolio
16.3.3.3. Financial Information
16.3.3.4. (Subject to Data Availability)
16.3.3.5. Business Strategies / Recent Developments
16.3.4. NingBo Deye Inverter Technology Co.
16.3.4.1. Company Overview
16.3.4.2. Product Portfolio
16.3.4.3. Financial Information
16.3.4.4. (Subject to Data Availability)
16.3.4.5. Business Strategies / Recent Developments
16.3.5. Hoymiles
16.3.5.1. Company Overview
16.3.5.2. Product Portfolio
16.3.5.3. Financial Information
16.3.5.4. (Subject to Data Availability)
16.3.5.5. Business Strategies / Recent Developments
16.3.6. Altenergy Power System Inc
16.3.6.1. Company Overview
16.3.6.2. Product Portfolio
16.3.6.3. Financial Information
16.3.6.4. (Subject to Data Availability)
16.3.6.5. Business Strategies / Recent Developments
16.3.7. Sparq System
16.3.7.1. Company Overview
16.3.7.2. Product Portfolio
16.3.7.3. Financial Information
16.3.7.4. (Subject to Data Availability)
16.3.7.5. Business Strategies / Recent Developments
16.3.8. Chilicon Power
16.3.8.1. Company Overview
16.3.8.2. Product Portfolio
16.3.8.3. Financial Information
16.3.8.4. (Subject to Data Availability)
16.3.8.5. Business Strategies / Recent Developments
16.3.9. Northern electric and Power Ltd
16.3.9.1. Company Overview
16.3.9.2. Product Portfolio
16.3.9.3. Financial Information
16.3.9.4. (Subject to Data Availability)
16.3.9.5. Business Strategies / Recent Developments
16.3.10. SMA Solar Technology
16.3.10.1. Company Overview
16.3.10.2. Product Portfolio
16.3.10.3. Financial Information
16.3.10.4. (Subject to Data Availability)
16.3.10.5. Business Strategies / Recent Developments
17. To Go Market Strategy
17.1. Identification of Potential Market Spaces
17.1.1. Type
17.1.2. Power Rating
17.1.3. Application
17.1.4. Distribution Channel
17.1.5. Region
17.2. Understanding the Procurement Process of the End-user
17.3. Preferred Sales and Marketing Strategy
List of Tables
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
List of Figures
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
*86 figures and 60 tables includes