Micro Inverter Market Size, Industry Share & Trends

Micro Inverter Market Outlook (2022 to 2032)

The global micro inverter market size touched a valuation of US$ 1.59 Billion in 2021 and is likely to reach US$ 3 Billion by 2028. Moreover, with rising investments in renewable power generation technologies to counter power crises and growing awareness about the technical advantages of micro inverters over other conventional solar inverters, the overall micro inverter sales are slated to rise at an impressive CAGR of 9.6% during the forecast period between 2022 and 2032, totaling over US$ 4.36 Billion by the end of 2032.

Attribute	Details
Micro Inverter Market Estimated Size in 2021	US$ 1.59 Billion
Micro Inverter Market Size (2028)	US$ 3 Billion
Micro Inverter Market Projected Size in Market Size (2032)	US$ 4.36 Billion
Micro Inverter Market Value-based CAGR (2022 to 2032)	9.6%

A micro inverter is a miniaturized inverter designed for individual solar panels rather than a string of solar modules. This plug-and-play device is mostly used in photovoltaics to convert the direct current (DC) generated by a simple solar module into an alternative current (AC). It offers various benefits including simple installation procedures, better optimization, design flexibility, and improved safety. Further, it helps to produce optimal power by performing maximum power point tracking (MPPT) for the connected module.

Growing concerns regarding the depletion of fossil fuels along with the rise in emission levels are prompting people to use alternative energy technologies such as solar panels. As micro inverters form an integral part of solar energy systems, a rise in the number of solar panel installations will eventually boost micro inverter sales.

Similarly, there has been a rapid surge in power consumption across the world due to urbanization, industrialization, and improved standard of living. According to the International Energy Agency’s (IEAs) latest report, there was a 5% rise in electricity demand in 2021. In order to get a continuous and uninterrupted supply of electricity as well as reduce bills, households use solar micro inverters, thereby fostering the growth of the micro inverter market.

Advancements in micro inverter technology coupled with increasing usage of solar panels with built-in micro inverters will further expand the global micro inverter market size in the future.

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2015 to 2021 Global Micro Inverter Market Outlook Compared To 2022 to 2032 Forecast

The global demand for micro inverters is projected to grow at a healthy CAGR of 9.6% during the forecast period between 2022 and 2032, reaching around US$ 4.36 Billion by 2032. Growth in the micro inverter market is driven by the increasing power crisis worldwide, a rise in the number of roof-top solar installations and power backup systems in households, the rising government initiates and investments to strengthen renewable energy infrastructure, innovations in micro inverter technologies, and growing concerns about depletion of fossil fuels.

Micro inverters have become an indispensable part of solar energy systems. They convert the direct current generated by photovoltaic cells (PV cells) into alternating current, which the electrical grid uses. Rising adoption of solar panels across residential and commercial sectors will therefore continue to push the demand for micro inverters dyeing the forecast period. According to a report published by the World Economic Forum, it is estimated that the world will add 70,000 solar panels every hour in the next 5 years.

Consequently, the depletion of fossil fuels at an alarming pace and growing environmental concerns regarding the increasing carbon emission levels will drive the micro inverter market in the future. Besides this, the introduction of advanced and reliable micro inverters that can disseminate high power output and perform multiple applications is expected to create opportunities for micro inverter manufacturers.

Regionally, North America, spearheaded by the USA, is emerging as a promising market for micro inverters owing to the presence of leading market players like Enphase Energy, increasing government investments in expanding solar infrastructure, and availability of advanced micro inverter products.

Over the years, Enphase Energy has made a strong base across major North American countries like the United States and Canada. Most of the people residing in these countries prefer to use Enphase micro inverters like Enphase Iq7 and Enphase IQ8+ as they are more reliable and comply with government standards.

Which Factors Are Limiting the Growth of the Micro Inverter Market?

Despite positive growth projections, the global micro inverter market is facing various challenges that are limiting its growth to a large extent. Some of these factors include high installation costs of solar panels and increased use of string inverters.

Country-wise Insights

What is the United Kingdom Considered a Prominent Micro Inverter Market?

Looming Power Crisis Creating Space for Micro Inverter Market Growth in the United Kingdom

As per FMI, the USA will continue to remain the most lucrative market for micro inverters across Europe, owing to the growing adoption of green technologies, increasing investments in renewable energy infrastructure, rising demand for solar inverters, escalating power crisis, favorable government support, and booming solar panel micro-inverter market.

Growing concerns about the depleting fossil fuels and increasing incidence of power outage across the United Kingdom is prompting people and the government to invest in greener technologies like solar panels and solar micro inverters, which in turn is creating a conducive environment for the growth of micro inverter market.

What is the Demand Outlook for the Japan Micro Inverter Market?

Growing Solar Energy Market Fueling the Demand for Micro Inverters in Japan

With the rapid transition towards renewable energy resources, robust urbanization, the growing popularity of PV inverters, and the heavy presence of leading micro inverter manufacturers, the micro inverter market in Japan is set to grow at a robust pace during the forecast period between 2022 and 2032.

People in Japan are increasingly installing solar panels on the rooftops of their houses, commercial buildings, and farms as a source of electricity. This will continue to provide a strong thrust to the micro inverter market across the country during the forecast period.

Similarly, advancements in solar energy technologies and the availability of reliable micro inverters will further boost the micro inverter market growth in the country.

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Category-wise Insights

Based on Phase, Which is the Most Commonly Used Micro Inverter?

Single Phase Micro Inverter Remains a Highly Sought-After Power Electronic Device

According to Future Market Insights, the single-phase micro inverters segment will continue to dominate the global micro inverter market, accounting for around 90% revenue share in 2022.

Over the years, single-phase micro inverters have become the most commonly used power electronic device in commercial and residential buildings as they comply with a wide range of standards. These micro inverters enable users to save money by just using one unit instead of two or more.

By Connectivity, Which Segment Contributed Most to the Global Micro Inverter Market Growth?

Demand for Standalone Micro Inverters to Grow at a Higher Pace

Emerging micro inverter market trends indicate that the standalone micro inverter segment will grow at a relatively higher CAGR during the forecast period, owing to their compact size and ability to be installed in remote areas without grid connectivity. In fact, they have become highly sought-after products in residential buildings.

On the other hand, sales of on-grid micro inverters are also expected to rise at a significant pace as a result of their greater flexibility and higher energy conversion ratios. The segment accounted for US$ 1.1 Billion in 2021.

What Application Hold Maximum Potential for Micro Inverter Market Growth?

Majority of the Micro Inverter Sales Remain Coventrated in the Residential Sector

Based on application, the global micro inverter market is segmented into residential and commercial. Among these, the residential segment will grow at the highest CAGR during the forecast period, owing to the increased usage of both on-grid and off-grid solar panels with micro-inverters built-in by residential units across the world.

Frequent power outages and rising electricity costs are prompting people to adopt electronic power products like micro inverters in their homes. Similarly, rapid urbanization and growing awareness among people about the benefits of micro inverters will further boost segment growth in the future. A robust CAGR of 9.4% has been predicted for the residential segment by FMI.

Competitive Landscape

Leading micro inverter manufacturers are continuously adopting various strategies such as new product launches, partnerships, acquisitions, collaborations, mergers, price reduction, and strengthening of distribution channels to gain a competitive edge in the global micro inverter market. Further, they are putting various efforts to educate people about the advantages of using clean energy technologies on the environment.

For instance:

In October 2021, Enphase Energy, the USA based micro-inverter manufacturer, launched Enphase IQ8+, the industry’s first microgrid-forming microinverter capable of forming a microgrid during a power outage using only sunlight, providing backup power even without a battery.
In 2021, Generac acquired Chilicon Power, a designer, and provider of grid-interactive microinverter and monitoring solutions for the solar market.
In June 2021, Yotta Energy, a cutting-edge energy storage solutions provider, partnered with APsystems.

Micro Inverter Market Report Scope

FMI’s latest report uncovers key investment pockets within the global micro inverter market. It provides an in-depth analysis of consumer demands, growth drivers, restraints, and emerging opportunities that somehow affect the market dynamics.

The study offers inclusive details about emerging micro inverter market trends. It illustrates how unscheduled power cuts and rising electricity costs are influencing micro inverter sales.

FMI also offers exhaustive research into factors pushing demand for micro inverters across developed and developing regions. It attempts to explore the growth potential of regions with power outages.

The report breaks down the market into various segments based on phase, connectivity, application, and region, and highlights the leading market segments as well. Besides this, it explains how the growing popularity of power inverters will impact the micro inverter market growth.

The Micro Inverter Market analysis includes:

A 10-year realistic micro inverter sales forecast across several verticals
Demand and supply conditions of the micro inverter market
Insights into factors affecting the micro inverter market growth in the short run and long run
Key micro inverter market trends and Future prospects
Leading micro inverter manufacturers and their competitive position in the global micro inverter market
Detailed analysis of regional pockets along with the degree of market penetration
Impact of rising electricity costs on micro inverter market forecast.
Exclusive recommendations on how to penetrate attractive markets in Asia, Africa, and others.
The winning imperatives in the micro inverter market.
Pricing analysis

Attribute	Details
Projected Market Value (2032)	US$ 4.36 Billion
Estimated Growth Rate (2032)	9.6%
Forecast Period	2022 to 2032
Historic Data Available for	2015 to 2021
Market Analysis	USD Million for Value
Report Coverage	Market forecast, company share analysis, competition intelligence, Drivers, Restraints, Opportunities and Threats analysis, market dynamics and challenges, and strategic growth initiatives
Key Segments Covered	Phase Connectivity Application Region
Key regions covered	North America USA Canada Rest of North America Latin America Brazil Argentina Mexico Rest of Latin America Western Europe Germany United Kingdom France Rest of Western Europe Eastern Europe Russia Spain Rest of Eastern Europe South Asia Pacific China India Japan Malaysia Thailand Indonesia South Korea Rest of South Asia &Pacific Middle East & Africa GCC Countries Turkey Israel Rest of the Middle East and Africa(MEA) Rest of the World Oceania Africa South America
Application	Residential Commercial
Key companies profiled	Darfon Electronics Corp., Siemens, Solar Edge Technologies, Inc., Alternative Power System, Inc., Enphase Energy, Sensata Technologies, Inc., TMEIC, Fimer Group, Chilicon Power, LLC, AEconversion GmbH & Co. KG, Sparq Systems, Yotta Energy
Customization & pricing	Available upon request

Key Segments

By Phase:

Single Phase
Three Phase

By Connectivity:

Standalone
On-grid

By Application:

Residential
Commercial

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa (MEA)

Frequently Asked Questions

What was the Historical Size of the micro inverter market?

The global micro inverter market was valued at US$ 1.59 Billion in 2021.

What is the demand outlook for the global micro inverter market?

As per FMI, the global micro inverter market is likely to grow at 9.6% CAGR during the forecast period (2022 to 2032).

What is the projected valuation for micro inverter market by 2032?

The micro inverter market is projected to reach a valuation of US$ 4.36 Billion by 2032.

Which region holds the largest share of the global micro inverter market?

Europe accounts for the largest revenue share of the global micro inverter market.

Who are the leading micro inverter manufacturers?

Darfon Electronics Corp., Siemens, Enphase Energy, Solar Edge Technologies, Inc., Alternative Power System, Inc., TMEIC, Fimer Group, and Chilicon Power, LLC are some of the prominent micro inverter manufacturers.

Table of Content

1. Executive Summary | Micro Inverter Market
1.1. Global Market Outlook
1.2. Summary of Statistics
1.3. Key Market Characteristics & Attributes
1.4. FMI Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Risks and Trends Assessment
3.1. Risk Assessment
3.1.1. COVID-19 Crisis and Impact on Demand
3.1.2. COVID-19 Impact Benchmark with Previous Crisis
3.1.3. Impact on Market Value (US$ Million)
3.1.4. Assessment by Key Countries
3.1.5. Assessment by Key Market Segments
3.1.6. Action Points and Recommendation for Suppliers
3.2. Key Trends Impacting the Market
3.3. Formulation and Product Development Trends
4. Market Background and Foundation Data Points
4.1. Market, By Key Countries
4.2. Market Opportunity Assessment (US$ Million)
4.2.1. Total Available Market
4.2.2. Serviceable Addressable Market
4.2.3. Serviceable Obtainable Market
4.3. Market Scenario Forecast
4.3.1. Demand in Optimistic Scenario
4.3.2. Demand in Likely Scenario
4.3.3. Demand in Conservative Scenario
4.4. Investment Feasibility Analysis
4.4.1. Investment in Established Markets
4.4.1.1. In Short Term
4.4.1.2. In Long Term
4.4.2. Investment in Emerging Markets
4.4.2.1. In Short Term
4.4.2.2. In Long Term
4.5. Forecast Factors - Relevance & Impact
4.5.1. Top Companies Historical Growth
4.5.2. Global Market Growth
4.5.3. Adoption Rate, By Country
4.6. Market Dynamics
4.6.1. Market Driving Factors and Impact Assessment
4.6.2. Prominent Market Challenges and Impact Assessment
4.6.3. Market Opportunities
4.6.4. Prominent Trends in the Global Market & Their Impact Assessment
5. Key Success Factors
5.1. Manufacturers’ Focus on Low Penetration High Growth Markets
5.2. Banking on with Segments High Incremental Opportunity
5.3. Peer Benchmarking
6. Global Market Demand Analysis 2015 to 2021 and Forecast, 2022 to 2032
6.1. Historical Market Analysis, 2015 to 2021
6.2. Current and Future Market Projections, 2022 to 2032
6.3. Y-o-Y Growth Trend Analysis
7. Global Market Value Analysis 2015 to 2021 and Forecast, 2022 to 2032
7.1. Historical Market Value (US$ Million) Analysis, 2015 to 2021
7.2. Current and Future Market Value (US$ Million) Projections, 2022 to 2032
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Phase
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Million) Analysis By Phase, 2015 to 2021
8.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Phase, 2022 to 2032
8.3.1. Single Phase
8.3.2. Three Phase
8.4. Market Attractiveness Analysis By Phase
9. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Connectivity
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Million) Analysis By Connectivity, 2015 to 2021
9.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Connectivity, 2022 to 2032
9.3.1. Standalone
9.3.2. On-grid
9.4. Market Attractiveness Analysis By Connectivity
10. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Application
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Million) Analysis By Application, 2015 to 2021
10.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Application, 2022 to 2032
10.3.1. Residential
10.3.2. Commercial
10.4. Market Attractiveness Analysis By Application
11. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region
11.1. Introduction
11.2. Historical Market Size (US$ Million) Analysis By Region, 2015 to 2021
11.3. Current Market Size (US$ Million) & Analysis and Forecast By Region, 2022 to 2032
11.3.1. North America
11.3.2. Latin America
11.3.3. Europe
11.3.4. Asia Pacific
11.3.5. Middle East and Africa (MEA)
11.4. Market Attractiveness Analysis By Region
12. North America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
12.1. Introduction
12.2. Pricing Analysis
12.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2015 to 2021
12.4. Market Size (US$ Million) & Forecast By Market Taxonomy, 2022 to 2032
12.4.1. By Country
12.4.1.1. USA
12.4.1.2. Canada
12.4.1.3. Rest of North America
12.4.2. By Phase
12.4.3. By Application
12.4.4. By Connectivity
12.5. Market Attractiveness Analysis
12.5.1. By Country
12.5.2. By Phase
12.5.3. By Application
12.5.4. By Connectivity
13. Latin America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2015 to 2021
13.4. Market Size (US$ Million) & Forecast By Market Taxonomy, 2022 to 2032
13.4.1. By Country
13.4.1.1. Brazil
13.4.1.2. Mexico
13.4.1.3. Rest of Latin America
13.4.2. By Phase
13.4.3. By Application
13.4.4. By Connectivity
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Phase
13.5.3. By Application
13.5.4. By Connectivity
14. Europe Market Analysis 2015 to 2021 and Forecast 2022 to 2032
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2015 to 2021
14.4. Market Size (US$ Million) & Forecast By Market Taxonomy, 2022 to 2032
14.4.1. By Country
14.4.1.1. Germany
14.4.1.2. France
14.4.1.3. United Kingdom
14.4.1.4. Italy
14.4.1.5. Benelux
14.4.1.6. Nordic Countries
14.4.1.7. Rest of Europe
14.4.2. By Phase
14.4.3. By Application
14.4.4. By Connectivity
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Phase
14.5.3. By Application
14.5.4. By Connectivity
15. Asia Pacific Market Analysis 2015 to 2021 and Forecast 2022 to 2032
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2015 to 2021
15.4. Market Size (US$ Million) & Forecast By Market Taxonomy, 2022 to 2032
15.4.1. By Country
15.4.1.1. China
15.4.1.2. Japan
15.4.1.3. South Korea
15.4.1.4. Rest of Asia Pacific
15.4.2. By Phase
15.4.3. By Application
15.4.4. By Connectivity
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Phase
15.5.3. By Application
15.5.4. By Connectivity
16. Middle East and Africa Market Analysis 2015 to 2021 and Forecast 2022 to 2032
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2015 to 2021
16.4. Market Size (US$ Million) & Forecast By Market Taxonomy, 2022 to 2032
16.4.1. By Country
16.4.1.1. GCC Countries
16.4.1.2. South Africa
16.4.1.3. Turkey
16.4.1.4. Rest of Middle East and Africa
16.4.2. By Phase
16.4.3. By Application
16.4.4. By Connectivity
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Phase
16.5.3. By Application
16.5.4. By Connectivity
17. Key Countries Market Analysis 2015 to 2021 and Forecast 2022 to 2032
17.1. Introduction
17.1.1. Market Value Proportion Analysis, By Key Countries
17.1.2. Global Vs. Country Growth Comparison
17.2. USA Market Analysis
17.2.1. Value Proportion Analysis by Market Taxonomy
17.2.2. Value & Analysis and Forecast by Market Taxonomy, 2015 to 2032
17.2.2.1. By Phase
17.2.2.2. By Application
17.2.2.3. By Connectivity
17.3. Canada Market Analysis
17.3.1. Value Proportion Analysis by Market Taxonomy
17.3.2. Value & Analysis and Forecast by Market Taxonomy, 2015 to 2032
17.3.2.1. By Phase
17.3.2.2. By Application
17.3.2.3. By Connectivity
17.4. Mexico Market Analysis
17.4.1. Value Proportion Analysis by Market Taxonomy
17.4.2. Value & Analysis and Forecast by Market Taxonomy, 2015 to 2032
17.4.2.1. By Phase
17.4.2.2. By Application
17.4.2.3. By Connectivity
17.5. Brazil Market Analysis
17.5.1. Value Proportion Analysis by Market Taxonomy
17.5.2. Value & Analysis and Forecast by Market Taxonomy, 2015 to 2032
17.5.2.1. By Phase
17.5.2.2. By Application
17.5.2.3. By Connectivity
17.6. Germany Market Analysis
17.6.1. Value Proportion Analysis by Market Taxonomy
17.6.2. Value & Analysis and Forecast by Market Taxonomy, 2015 to 2032
17.6.2.1. By Phase
17.6.2.2. By Application
17.6.2.3. By Connectivity
17.7. France Market Analysis
17.7.1. Value Proportion Analysis by Market Taxonomy
17.7.2. Value & Analysis and Forecast by Market Taxonomy, 2015 to 2032
17.7.2.1. By Phase
17.7.2.2. By Application
17.7.2.3. By Connectivity
17.8. Italy Market Analysis
17.8.1. Value Proportion Analysis by Market Taxonomy
17.8.2. Value & Analysis and Forecast by Market Taxonomy, 2015 to 2032
17.8.2.1. By Phase
17.8.2.2. By Application
17.8.2.3. By Connectivity
17.9. BENELUX Market Analysis
17.9.1. Value Proportion Analysis by Market Taxonomy
17.9.2. Value & Analysis and Forecast by Market Taxonomy, 2015 to 2032
17.9.2.1. By Phase
17.9.2.2. By Application
17.9.2.3. By Connectivity
17.10. UK Market Analysis
17.10.1. Value Proportion Analysis by Market Taxonomy
17.10.2. Value & Analysis and Forecast by Market Taxonomy, 2015 to 2032
17.10.2.1. By Phase
17.10.2.2. By Application
17.10.2.3. By Connectivity
17.11. Nordic Countries Market Analysis
17.11.1. Value Proportion Analysis by Market Taxonomy
17.11.2. Value & Analysis and Forecast by Market Taxonomy, 2015 to 2032
17.11.2.1. By Phase
17.11.2.2. By Application
17.11.2.3. By Connectivity
17.12. China Market Analysis
17.12.1. Value Proportion Analysis by Market Taxonomy
17.12.2. Value & Analysis and Forecast by Market Taxonomy, 2015 to 2032
17.12.2.1. By Phase
17.12.2.2. By Application
17.12.2.3. By Connectivity
17.13. Japan Market Analysis
17.13.1. Value Proportion Analysis by Market Taxonomy
17.13.2. Value & Analysis and Forecast by Market Taxonomy, 2015 to 2032
17.13.2.1. By Phase
17.13.2.2. By Application
17.13.2.3. By Connectivity
17.14. South Korea Market Analysis
17.14.1. Value Proportion Analysis by Market Taxonomy
17.14.2. Value & Analysis and Forecast by Market Taxonomy, 2015 to 2032
17.14.2.1. By Phase
17.14.2.2. By Application
17.14.2.3. By Connectivity
17.15. GCC Countries Market Analysis
17.15.1. Value Proportion Analysis by Market Taxonomy
17.15.2. Value & Analysis and Forecast by Market Taxonomy, 2015 to 2032
17.15.2.1. By Phase
17.15.2.2. By Application
17.15.2.3. By Connectivity
17.16. South Africa Market Analysis
17.16.1. Value Proportion Analysis by Market Taxonomy
17.16.2. Value & Analysis and Forecast by Market Taxonomy, 2015 to 2032
17.16.2.1. By Phase
17.16.2.2. By Application
17.16.2.3. By Connectivity
17.17. Turkey Market Analysis
17.17.1. Value Proportion Analysis by Market Taxonomy
17.17.2. Value & Analysis and Forecast by Market Taxonomy, 2015 to 2032
17.17.2.1. By Phase
17.17.2.2. By Application
17.17.2.3. By Connectivity
17.17.3. Competition Landscape and Player Concentration in the Country
18. Market Structure Analysis
18.1. Market Analysis by Tier of Companies
18.2. Market Concentration
18.3. Market Share Analysis of Top Players
18.4. Market Presence Analysis
18.4.1. By Regional Footprint of Players
18.4.2. Product Footprint by Players
19. Competition Analysis
19.1. Competition Dashboard
19.2. Competition Benchmarking
19.3. Competition Deep Dive
19.3.1. SMA Solar Technology AG
19.3.1.1. Overview
19.3.1.2. Product Portfolio
19.3.1.3. Sales Footprint
19.3.1.4. Strategy Overview
19.3.2. Darfon Electronics Corp.
19.3.2.1. Overview
19.3.2.2. Product Portfolio
19.3.2.3. Sales Footprint
19.3.2.4. Strategy Overview
19.3.3. Siemens
19.3.3.1. Overview
19.3.3.2. Product Portfolio
19.3.3.3. Sales Footprint
19.3.3.4. Strategy Overview
19.3.4. Enphase Energy
19.3.4.1. Overview
19.3.4.2. Product Portfolio
19.3.4.3. Sales Footprint
19.3.4.4. Strategy Overview
19.3.5. SolarEdge Technologies, Inc.
19.3.5.1. Overview
19.3.5.2. Product Portfolio
19.3.5.3. Sales Footprint
19.3.5.4. Strategy Overview
19.3.6. Altenergy Power System, Inc.
19.3.6.1. Overview
19.3.6.2. Product Portfolio
19.3.6.3. Sales Footprint
19.3.6.4. Strategy Overview
19.3.7. TMEIC
19.3.7.1. Overview
19.3.7.2. Product Portfolio
19.3.7.3. Sales Footprint
19.3.7.4. Strategy Overview
19.3.8. Fimer Group
19.3.8.1. Overview
19.3.8.2. Product Portfolio
19.3.8.3. Sales Footprint
19.3.8.4. Strategy Overview
19.3.9. Chilicon Power, LLC
19.3.9.1. Overview
19.3.9.2. Product Portfolio
19.3.9.3. Sales Footprint
19.3.9.4. Strategy Overview
19.3.10. AEconversion GmbH & Co. KG
19.3.10.1. Overview
19.3.10.2. Product Portfolio
19.3.10.3. Sales Footprint
19.3.10.4. Strategy Overview
19.3.11. Sensata Technologies, Inc.
19.3.11.1. Overview
19.3.11.2. Product Portfolio
19.3.11.3. Sales Footprint
19.3.11.4. Strategy Overview
19.3.12. Northern Electric Power Technology Inc.
19.3.12.1. Overview
19.3.12.2. Product Portfolio
19.3.12.3. Sales Footprint
19.3.12.4. Strategy Overview
19.3.13. Sparq Systems
19.3.13.1. Overview
19.3.13.2. Product Portfolio
19.3.13.3. Sales Footprint
19.3.13.4. Strategy Overview
19.3.14. Yotta Energy
19.3.14.1. Overview
19.3.14.2. Product Portfolio
19.3.14.3. Sales Footprint
19.3.14.4. Strategy Overview
20. Assumptions and Acronyms Used
21. Research Methodology

Micro Inverter Market

Micro Inverter Market by Product, Capacity, Application, Distribution Channel & Region | Forecast 2022 to 2032