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Micro Inverter Market

Market Insights on Micro Inverter covering sales outlook, demand forecast & up-to-date key trends

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

Micro Inverter Market Outlook (2022-2032)

[343 Pages Report] The global micro inverter market size touched a valuation of US$ 1.59 Bn in 2021 and is likely to reach US$ 3 Bn 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 Bn by the end of 2032.

Attribute

Details

Micro Inverter Market Estimated Size in 2021

US$ 1.59 Bn

Micro Inverter Market Size (2028)

US$ 3 Bn

Micro Inverter Market Projected Size in Market Size (2032)

US$ 4.36 Bn

Micro Inverter Market Value-based CAGR (2022-2032)

9.6%

A micro inverter is a miniaturized inverter designed for individual solar panels rather than string of solar modules. This plug-and-play device is mostly used in photovoltaics to convert direct current (DC) generated by a simple solar module into alternative current (AC). It offers various benefits including simple installation procedure, 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 rise in emission levels is prompting people to use alternative energy technologies such as solar panels. As micro inverters form an integral part of solar energy systems, 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 micro inverter market.

In addition to this, 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 future.

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2015-2021 Global Micro Inverter Market Outlook Compared To 2022-2032 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 Bn by 2032. Growth in the micro inverter market is driven by increasing power crisis worldwide, rise in the number of roof-top solar installations and power backup systems in households, 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 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, 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 future. Besides this, 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 U.S., 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 the 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 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 U.K. Considered as a Prominent Micro Inverter Market?

“Looming Power Crisis Creating Space for Micro Inverter Market Growth in the U.K.”

As per FMI, the U.S. 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 U.K. 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 rapid transition towards renewable energy resources, robust urbanization, growing popularity of PV inverters, and 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 micro inverter market across the country during the forecast period.

Similarly, advancement in solar energy technologies and 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 Highly Sought-After Power Electronic Device”

According to Future Market Insights, 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 Bn in 2021.

What Application Hold Maximum Potential for Micro Inverter Market Growth?

“Majority of the Micro Inverter Sales to Remain Coventrated in 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 outage 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 the segment growth in 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 U.S. 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.
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Micro Inverter Market Report Scope

FMI’s latest report uncovers key investment pockets within the global micro inverter market. It provides 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 outage.

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 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 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 degree of market penetration
  • Impact of rising electricity costs on micro inverter market forecast.
  • Exclusive recommendations on how to penetrate attractive markets of Asia, Africa, and others.
  • The winning imperatives in micro inverter market.
  • Pricing analysis

Attribute

Details

Projected Market Value (2032)

US$ 4.36 Bn

Estimated Growth Rate (2032)

9.6%

Forecast Period

 2022-2032

Historic Data Available for

2015-2021

Market Analysis

USD Million for Value

Report Coverage

Market forecast, company share analysis, competition intelligence, DROT analysis, market dynamics and challenges, and strategic growth initiatives

Key Segments Covered

  • Phase
  • Connectivity
  • Application
  • Region

Key regions covered

  • North America
    • US
    • Canada
    • Rest of North America
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Western Europe
    • Germany
    • U.K.
    • 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 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

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

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

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

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

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

    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 Micro Inverter Demand

        3.1.2. COVID-19 Impact Benchmark with Previous Crisis 

        3.1.3. Impact on Market Value (US$ Mn)

        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. Micro Inverter Market, By Key Countries

    4.2. Micro Inverter Market Opportunity Assessment (US$ Mn)

        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 Micro Inverter Market Growth

        4.5.3. Micro Inverter 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. Micro Inverter 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 Micro Inverter Market Demand Analysis 2015-2021 and Forecast, 2022-2032

    6.1. Historical Market Analysis, 2015-2021

    6.2. Current and Future Market Projections, 2022-2032

    6.3. Y-o-Y Growth Trend Analysis

7. Global Micro Inverter Market Value Analysis 2015-2021 and Forecast, 2022-2032

    7.1. Historical Market Value (US$ Mn) Analysis, 2015-2021

    7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Global Micro Inverter Market Analysis 2015-2021 and Forecast 2022-2032, By Phase

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ Mn) Analysis By Phase, 2015-2021

    8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Phase, 2022-2032

        8.3.1. Single Phase

        8.3.2. Three Phase

    8.4. Market Attractiveness Analysis By Phase

9. Global Micro Inverter Market Analysis 2015-2021 and Forecast 2022-2032, By Connectivity

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Mn) Analysis By Connectivity, 2015-2021

    9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Connectivity, 2022-2032

        9.3.1. Standalone

        9.3.2. On-grid

    9.4. Market Attractiveness Analysis By Connectivity

10. Global Micro Inverter Market Analysis 2015-2021 and Forecast 2022-2032, By Application

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Mn) Analysis By Application, 2015-2021

    10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Application, 2022-2032

        10.3.1. Residential

        10.3.2. Commercial

    10.4. Market Attractiveness Analysis By Application

11. Global Micro Inverter Market Analysis 2015-2021 and Forecast 2022-2032, By Region

    11.1. Introduction

    11.2. Historical Market Size (US$ Mn) Analysis By Region, 2015-2021

    11.3. Current Market Size (US$ Mn) & Analysis and Forecast By Region, 2022-2032

        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 Micro Inverter Market Analysis 2015-2021 and Forecast 2022-2032

    12.1. Introduction

    12.2. Pricing Analysis

    12.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    12.4. Market Size (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        12.4.1. By Country

            12.4.1.1. U.S.

            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 Micro Inverter Market Analysis 2015-2021 and Forecast 2022-2032

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    13.4. Market Size (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        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 Micro Inverter Market Analysis 2015-2021 and Forecast 2022-2032

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    14.4. Market Size (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        14.4.1. By Country

            14.4.1.1. Germany

            14.4.1.2. France

            14.4.1.3. U.K.

            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 Micro Inverter Market Analysis 2015-2021 and Forecast 2022-2032

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    15.4. Market Size (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        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 Micro Inverter Market Analysis 2015-2021 and Forecast 2022-2032

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    16.4. Market Size (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        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 Micro Inverter Market Analysis 2015-2021 and Forecast 2022-2032

    17.1. Introduction

        17.1.1. Market Value Proportion Analysis, By Key Countries

        17.1.2. Global Vs. Country Growth Comparison

    17.2. US Micro Inverter Market Analysis

        17.2.1. Value Proportion Analysis by Market Taxonomy

        17.2.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            17.2.2.1. By Phase

            17.2.2.2. By Application

            17.2.2.3. By Connectivity

    17.3. Canada Micro Inverter Market Analysis

        17.3.1. Value Proportion Analysis by Market Taxonomy

        17.3.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            17.3.2.1. By Phase

            17.3.2.2. By Application

            17.3.2.3. By Connectivity

    17.4. Mexico Micro Inverter Market Analysis

        17.4.1. Value Proportion Analysis by Market Taxonomy

        17.4.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            17.4.2.1. By Phase

            17.4.2.2. By Application

            17.4.2.3. By Connectivity

    17.5. Brazil Micro Inverter Market Analysis

        17.5.1. Value Proportion Analysis by Market Taxonomy

        17.5.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            17.5.2.1. By Phase

            17.5.2.2. By Application

            17.5.2.3. By Connectivity

    17.6. Germany Micro Inverter Market Analysis

        17.6.1. Value Proportion Analysis by Market Taxonomy

        17.6.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            17.6.2.1. By Phase

            17.6.2.2. By Application

            17.6.2.3. By Connectivity

    17.7. France Micro Inverter Market Analysis

        17.7.1. Value Proportion Analysis by Market Taxonomy

        17.7.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            17.7.2.1. By Phase

            17.7.2.2. By Application

            17.7.2.3. By Connectivity

    17.8. Italy Micro Inverter Market Analysis

        17.8.1. Value Proportion Analysis by Market Taxonomy

        17.8.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            17.8.2.1. By Phase

            17.8.2.2. By Application

            17.8.2.3. By Connectivity

    17.9. BENELUX Micro Inverter Market Analysis

        17.9.1. Value Proportion Analysis by Market Taxonomy

        17.9.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            17.9.2.1. By Phase

            17.9.2.2. By Application

            17.9.2.3. By Connectivity

    17.10. UK Micro Inverter Market Analysis

        17.10.1. Value Proportion Analysis by Market Taxonomy

        17.10.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            17.10.2.1. By Phase

            17.10.2.2. By Application

            17.10.2.3. By Connectivity

    17.11. Nordic Countries Micro Inverter Market Analysis

        17.11.1. Value Proportion Analysis by Market Taxonomy

        17.11.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            17.11.2.1. By Phase

            17.11.2.2. By Application

            17.11.2.3. By Connectivity

    17.12. China Micro Inverter Market Analysis

        17.12.1. Value Proportion Analysis by Market Taxonomy

        17.12.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            17.12.2.1. By Phase

            17.12.2.2. By Application

            17.12.2.3. By Connectivity

    17.13. Japan Micro Inverter Market Analysis

        17.13.1. Value Proportion Analysis by Market Taxonomy

        17.13.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            17.13.2.1. By Phase

            17.13.2.2. By Application

            17.13.2.3. By Connectivity

    17.14. South Korea Micro Inverter Market Analysis

        17.14.1. Value Proportion Analysis by Market Taxonomy

        17.14.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            17.14.2.1. By Phase

            17.14.2.2. By Application

            17.14.2.3. By Connectivity

    17.15. GCC Countries Micro Inverter Market Analysis

        17.15.1. Value Proportion Analysis by Market Taxonomy

        17.15.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            17.15.2.1. By Phase

            17.15.2.2. By Application

            17.15.2.3. By Connectivity

    17.16. South Africa Micro Inverter Market Analysis

        17.16.1. Value Proportion Analysis by Market Taxonomy

        17.16.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            17.16.2.1. By Phase

            17.16.2.2. By Application

            17.16.2.3. By Connectivity

    17.17. Turkey Micro Inverter Market Analysis

        17.17.1. Value Proportion Analysis by Market Taxonomy

        17.17.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            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

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List of Tables

Table 1: Global Micro Inverter Market Value (US$ Mn), By Phase, 2015 – 2021

Table 2: Global Micro Inverter Market Value (US$ Mn), By Phase, 2022 – 2032

Table 3: Global Micro Inverter Market Value (US$ Mn), By Application, 2015 – 2021

Table 4: Global Micro Inverter Market Value (US$ Mn), By Application, 2022 – 2032

Table 5: Global Micro Inverter Market Value (US$ Mn), By Connectivity, 2015 – 2021

Table 6: Global Micro Inverter Market Value (US$ Mn), By Connectivity, 2022 – 2032

Table 7: Global Micro Inverter Market, By Region, 2015 – 2021

Table 8: Global Micro Inverter Market, By Region, 2022 – 2032

Table 9: North America Micro Inverter Market Value (US$ Mn), By Phase, 2015 – 2021

Table 10: North America Micro Inverter Market Value (US$ Mn), By Phase, 2022 – 2032

Table 11: North America Micro Inverter Market Value (US$ Mn), By Application, 2015 – 2021

Table 12: North America Micro Inverter Market Value (US$ Mn), By Application, 2022 – 2032

Table 13: North America Micro Inverter Market Value (US$ Mn), By Connectivity, 2015 – 2021

Table 14: North America Micro Inverter Market Value (US$ Mn), By Connectivity, 2022 – 2032

Table 15: North America Micro Inverter Market, By Country, 2015 – 2021

Table 16: North America Micro Inverter Market, By Country, 2022 – 2032

Table 17: Latin America Micro Inverter Market Value (US$ Mn), By Phase, 2015 – 2021

Table 18: Latin America Micro Inverter Market Value (US$ Mn), By Phase, 2022 – 2032

Table 19: Latin America Micro Inverter Market Value (US$ Mn), By Application, 2015 – 2021

Table 20: Latin America Micro Inverter Market Value (US$ Mn), By Application, 2022 – 2032

Table 21: Latin America Micro Inverter Market Value (US$ Mn), By Connectivity, 2015 – 2021

Table 22: Latin America Micro Inverter Market Value (US$ Mn), By Connectivity, 2022 – 2032

Table 23: Latin America Micro Inverter Market, By Country, 2015 – 2021

Table 24: Latin America Micro Inverter Market, By Country, 2022 – 2032

Table 25: Europe Micro Inverter Market Value (US$ Mn), By Phase, 2015 – 2021

Table 26: Europe Micro Inverter Market Value (US$ Mn), By Phase, 2022 – 2032

Table 27: Europe Micro Inverter Market Value (US$ Mn), By Application, 2015 – 2021

Table 28: Europe Micro Inverter Market Value (US$ Mn), By Application, 2022 – 2032

Table 29: Europe Micro Inverter Market Value (US$ Mn), By Connectivity, 2015 – 2021

Table 30: Europe Micro Inverter Market Value (US$ Mn), By Connectivity, 2022 – 2032

Table 31: Europe Micro Inverter Market, By Country, 2015 – 2021

Table 32: Europe Micro Inverter Market, By Country, 2022 – 2032

Table 33: Asia Pacific Micro Inverter Market Value (US$ Mn), By Phase, 2015 – 2021

Table 34: Asia Pacific Micro Inverter Market Value (US$ Mn), By Phase, 2022 – 2032

Table 35: Asia Pacific Micro Inverter Market Value (US$ Mn), By Application, 2015 – 2021

Table 36: Asia Pacific Micro Inverter Market Value (US$ Mn), By Application, 2022 – 2032

Table 37: Asia Pacific Micro Inverter Market Value (US$ Mn), By Connectivity, 2015 – 2021

Table 38: Asia Pacific Micro Inverter Market Value (US$ Mn), By Connectivity, 2022 – 2032

Table 39: Asia Pacific Micro Inverter Market, By Country, 2015 – 2021

Table 40: Asia Pacific Micro Inverter Market, By Country, 2022 – 2032

Table 41: MEA Micro Inverter Market Value (US$ Mn), By Phase, 2015 – 2021

Table 42: MEA Micro Inverter Market Value (US$ Mn), By Phase, 2022 – 2032

Table 43: MEA Micro Inverter Market Value (US$ Mn), By Application, 2015 – 2021

Table 44: MEA Micro Inverter Market Value (US$ Mn), By Application, 2022 – 2032

Table 45: MEA Micro Inverter Market Value (US$ Mn), By Connectivity, 2015 – 2021

Table 46: MEA Micro Inverter Market Value (US$ Mn), By Connectivity, 2022 – 2032

Table 47: MEA Micro Inverter Market, By Country, 2015 – 2021

Table 48: MEA Micro Inverter Market, By Country, 2022 – 2032

Table 49: Global Micro Inverter Market Incremental $ Opportunity, By Phase, 2015 - 2021

Table 50: Global Micro Inverter Market Incremental $ Opportunity, By Application, 2022 – 2032

Table 51: Global Micro Inverter Market Incremental $ Opportunity, By Connectivity, 2015 - 2021

Table 52: Global Micro Inverter Market Incremental $ Opportunity, By Region, 2022 – 2032

Table 53: North America Micro Inverter Market Incremental $ Opportunity, By Phase, 2015 - 2021

Table 54: North America Micro Inverter Market Incremental $ Opportunity, By Application, 2022 – 2032

Table 55: North America Micro Inverter Market Incremental $ Opportunity, By Connectivity, 2015 – 2021

Table 56: North America Micro Inverter Market Incremental $ Opportunity, By Country, 2022 – 2032

Table 57: Latin America Micro Inverter Market Incremental $ Opportunity, By Phase, 2015 - 2021

Table 58: Latin America Micro Inverter Market Incremental $ Opportunity, By Application, 2022 – 2032

Table 59: Latin America Micro Inverter Market Incremental $ Opportunity, By Connectivity, 2015 - 2021

Table 60: Latin America Micro Inverter Market Incremental $ Opportunity, By Country, 2022 – 2032

Table 61: Europe Micro Inverter Market Incremental $ Opportunity, By Phase, 2015 - 2021

Table 62: Europe Micro Inverter Market Incremental $ Opportunity, By Application, 2022 – 2032

Table 63: Europe Micro Inverter Market Incremental $ Opportunity, By Connectivity, 2015 - 2021

Table 64: Europe Micro Inverter Market Incremental $ Opportunity, By Country, 2022 - 2032

Table 65: Asia Pacific Micro Inverter Market Incremental $ Opportunity, By Phase, 2015 - 2021

Table 66: Asia Pacific Micro Inverter Market Incremental $ Opportunity, By Application, 2022 – 2032

Table 67: Asia Pacific Micro Inverter Market Incremental $ Opportunity, By Connectivity, 2015 - 2021

Table 68: Asia Pacific Micro Inverter Market Incremental $ Opportunity, By Country, 2022 – 2032

Table 69: MEA Micro Inverter Market Incremental $ Opportunity, By Phase, 2015 - 2021

Table 70: MEA Micro Inverter Market Incremental $ Opportunity, By Application, 2022 – 2032

Table 71: MEA Micro Inverter Market Incremental $ Opportunity, By Connectivity, 2015 - 2021

Table 72: MEA Micro Inverter Market Incremental $ Opportunity, By Country, 2022 - 2032

Nikhil Kaitwade
Principal Consultant
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List of Charts

Figure 1: Global Micro Inverter Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 2: Global Micro Inverter Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn

Figure 3: Global Micro Inverter Market Share, By Phase, 2022 & 2032

Figure 4: Global Micro Inverter Market Y-o-Y Growth Projections, By Phase – 2022-2032

Figure 5: Global Micro Inverter Market Attractiveness Index, By Phase – 2022-2032

Figure 6: Global Micro Inverter Market Share, By Application, 2022 & 2032

Figure 7: Global Micro Inverter Market Y-o-Y Growth Projections, By Application – 2022-2032

Figure 8: Global Micro Inverter Market Attractiveness Index, By Application – 2022-2032

Figure 9: Global Micro Inverter Market Share, By Connectivity, 2022 & 2032

Figure 10: Global Micro Inverter Market Y-o-Y Growth Projections, By Connectivity – 2022-2032

Figure 11: Global Micro Inverter Market Attractiveness Index, By Connectivity – 2022-2032

Figure 12: Global Micro Inverter Market Share, By Region, 2022 & 2032

Figure 13: Global Micro Inverter Market Y-o-Y Growth Projections, By Region – 2022-2032

Figure 14: Global Micro Inverter Market Attractiveness Index, By Region – 2022-2032

Figure 15: North America Micro Inverter Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 16: North America Micro Inverter Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn

Figure 17: North America Micro Inverter Market Share, By Phase, 2022 & 2032

Figure 18: North America Micro Inverter Market Y-o-Y Growth Projections, By Phase – 2022-2032

Figure 19: North America Micro Inverter Market Attractiveness Index, By Phase – 2022-2032

Figure 20: North America Micro Inverter Market Share, By Application, 2022 & 2032

Figure 21: North America Micro Inverter Market Y-o-Y Growth Projections, By Application – 2022-2032

Figure 22: North America Micro Inverter Market Attractiveness Index, By Application – 2022-2032

Figure 23: North America Micro Inverter Market Share, By Connectivity, 2022 & 2032

Figure 24: North America Micro Inverter Market Y-o-Y Growth Projections, By Connectivity – 2022-2032

Figure 25: North America Micro Inverter Market Attractiveness Index, By Connectivity – 2022-2032

Figure 26: North America Micro Inverter Market Share, By Country, 2022 & 2032

Figure 27: North America Micro Inverter Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 28: North America Micro Inverter Market Attractiveness Index, By Country – 2022-2032

Figure 29: Latin America Micro Inverter Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 30: Latin America Micro Inverter Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn

Figure 31: Latin America Micro Inverter Market Share, By Phase, 2022 & 2032

Figure 32: Latin America Micro Inverter Market Y-o-Y Growth Projections, By Phase – 2022-2032

Figure 33: Latin America Micro Inverter Market Attractiveness Index, By Phase – 2022-2032

Figure 34: Latin America Micro Inverter Market Share, By Application, 2022 & 2032

Figure 35: Latin America Micro Inverter Market Y-o-Y Growth Projections, By Application – 2022-2032

Figure 36: Latin America Micro Inverter Market Attractiveness Index, By Application – 2022-2032

Figure 37: Latin America Micro Inverter Market Share, By Connectivity, 2022 & 2032

Figure 38: Latin America Micro Inverter Market Y-o-Y Growth Projections, By Connectivity – 2022-2032

Figure 39: Latin America Micro Inverter Market Attractiveness Index, By Connectivity – 2022-2032

Figure 40: Latin America Micro Inverter Market Share, By Country, 2022 & 2032

Figure 41: Latin America Micro Inverter Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 42: Latin America Micro Inverter Market Attractiveness Index, By Country – 2022-2032

Figure 43: Europe Micro Inverter Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 44: Europe Micro Inverter Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn

Figure 45: Europe Micro Inverter Market Share, By Phase, 2022 & 2032

Figure 46: Europe Micro Inverter Market Y-o-Y Growth Projections, By Phase – 2022-2032

Figure 47: Europe Micro Inverter Market Attractiveness Index, By Phase – 2022-2032

Figure 48: Europe Micro Inverter Market Share, By Application, 2022 & 2032

Figure 49: Europe Micro Inverter Market Y-o-Y Growth Projections, By Application – 2022-2032

Figure 50: Europe Micro Inverter Market Attractiveness Index, By Application – 2022-2032

Figure 51: Europe Micro Inverter Market Share, By Connectivity, 2022 & 2032

Figure 52: Europe Micro Inverter Market Y-o-Y Growth Projections, By Connectivity – 2022-2032

Figure 53: Europe Micro Inverter Market Attractiveness Index, By Connectivity – 2022-2032

Figure 54: Europe Micro Inverter Market Share, By Country, 2022 & 2032

Figure 55: Europe Micro Inverter Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 56: Europe Micro Inverter Market Attractiveness Index, By Country – 2022-2032

Figure 57: MEA Micro Inverter Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 58: MEA Micro Inverter Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn

Figure 59: MEA Micro Inverter Market Share, By Phase, 2022 & 2032

Figure 60: MEA Micro Inverter Market Y-o-Y Growth Projections, By Phase – 2022-2032

Figure 61: MEA Micro Inverter Market Attractiveness Index, By Phase – 2022-2032

Figure 62: MEA Micro Inverter Market Share, By Application, 2022 & 2032

Figure 63: MEA Micro Inverter Market Y-o-Y Growth Projections, By Application – 2022-2032

Figure 64: MEA Micro Inverter Market Attractiveness Index, By Application – 2022-2032

Figure 65: MEA Micro Inverter Market Share, By Connectivity, 2022 & 2032

Figure 66: MEA Micro Inverter Market Y-o-Y Growth Projections, By Connectivity – 2022-2032

Figure 67: MEA Micro Inverter Market Attractiveness Index, By Connectivity – 2022-2032

Figure 68: MEA Micro Inverter Market Share, By Country, 2022 & 2032

Figure 69: MEA Micro Inverter Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 70: MEA Micro Inverter Market Attractiveness Index, By Country – 2022-2032

Figure 71: Asia Pacific Micro Inverter Market Value (US$ Mn) and Year-on-Year Growth, 2015-2030

Figure 72: Asia Pacific Micro Inverter Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn

Figure 73: Asia Pacific Micro Inverter Market Share, By Phase, 2022 & 2032

Figure 74: Asia Pacific Micro Inverter Market Y-o-Y Growth Projections, By Phase – 2022-2032

Figure 75: Asia Pacific Micro Inverter Market Attractiveness Index, By Phase – 2022-2032

Figure 76: Asia Pacific Micro Inverter Market Share, By Application, 2022 & 2032

Figure 77: Asia Pacific Micro Inverter Market Y-o-Y Growth Projections, By Application – 2022-2032

Figure 78: Asia Pacific Micro Inverter Market Attractiveness Index, By Application – 2022-2032

Figure 79: Asia Pacific Micro Inverter Market Share, By Connectivity, 2022 & 2032

Figure 80: Asia Pacific Micro Inverter Market Y-o-Y Growth Projections, By Connectivity – 2022-2032

Figure 81: Asia Pacific Micro Inverter Market Attractiveness Index, By Connectivity – 2022-2032

Figure 82: Asia Pacific Micro Inverter Market Share, By Country, 2022 & 2032

Figure 83: Asia Pacific Micro Inverter Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 84: Asia Pacific Micro Inverter Market Attractiveness Index, By Country – 2022-2032

Figure 85: US Micro Inverter Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 86: US Micro Inverter Market Share, By Phase, 2021

Figure 87: US Micro Inverter Market Share, By Application, 2021

Figure 88: US Micro Inverter Market Share, By Connectivity, 2021

Figure 89: Canada Micro Inverter Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 90: Canada Micro Inverter Market Share, By Phase, 2021

Figure 91: Canada Micro Inverter Market Share, By Application, 2021

Figure 92: Canada Micro Inverter Market Share, By Connectivity, 2021

Figure 93: Brazil Micro Inverter Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 94: Brazil Micro Inverter Market Share, By Phase, 2021

Figure 95: Brazil Micro Inverter Market Share, By Application, 2021

Figure 96: Brazil Micro Inverter Market Share, By Connectivity, 2021

Figure 97: Mexico Micro Inverter Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 98: Mexico Micro Inverter Market Share, By Phase, 2021

Figure 99: Mexico Micro Inverter Market Share, By Application, 2021

Figure 100: Mexico Micro Inverter Market Share, By Connectivity, 2021

Figure 101: Germany Micro Inverter Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 102: Germany Micro Inverter Market Share, By Phase, 2021

Figure 103: Germany Micro Inverter Market Share, By Application, 2021

Figure 104: Germany Micro Inverter Market Share, By Connectivity, 2021

Figure 105: U.K. Micro Inverter Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 106: U.K. Micro Inverter Market Share, By Phase, 2021

Figure 107: U.K. Micro Inverter Market Share, By Application, 2021

Figure 108: U.K. Micro Inverter Market Share, By Connectivity, 2021

Figure 109: France Micro Inverter Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 110: France Micro Inverter Market Share, By Phase, 2021

Figure 111: France Micro Inverter Market Share, By Application, 2021

Figure 112: France Micro Inverter Market Share, By Connectivity, 2021

Figure 113: Italy Micro Inverter Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 114: Italy Micro Inverter Market Share, By Phase, 2021

Figure 115: Italy Micro Inverter Market Share, By Application, 2021

Figure 116: Italy Micro Inverter Market Share, By Connectivity, 2021

Figure 117: BENELUX Micro Inverter Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 118: BENELUX Micro Inverter Market Share, By Phase, 2021

Figure 119: BENELUX Micro Inverter Market Share, By Application, 2021

Figure 120: BENELUX Micro Inverter Market Share, By Connectivity, 2021

Figure 121: Nordic Micro Inverter Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 122: Nordic Micro Inverter Market Share, By Phase, 2021

Figure 123: Nordic Micro Inverter Market Share, By Application, 2021

Figure 124: Nordic Micro Inverter Market Share, By Connectivity, 2021

Figure 125: China Micro Inverter Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 126: China Micro Inverter Market Share, By Phase, 2021

Figure 127: China Micro Inverter Market Share, By Application, 2021

Figure 128: China Micro Inverter Market Share, By Connectivity, 2021

Figure 129: Japan Micro Inverter Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 130: Japan Micro Inverter Market Share, By Phase, 2021

Figure 131: Japan Micro Inverter Market Share, By Application, 2021

Figure 132: Japan Micro Inverter Market Share, By Connectivity, 2021

Figure 133: South Korea Micro Inverter Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 134: South Korea Micro Inverter Market Share, By Phase, 2021

Figure 135: South Korea Micro Inverter Market Share, By Application, 2021

Figure 136: South Korea Micro Inverter Market Share, By Connectivity, 2021

Figure 137: GCC Countries Micro Inverter Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 138: GCC Countries Micro Inverter Market Share, By Phase, 2021

Figure 139: GCC Countries Micro Inverter Market Share, By Application, 2021

Figure 140: GCC Countries Micro Inverter Market Share, By Connectivity, 2021

Figure 141: South Africa Micro Inverter Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 142: South Africa Micro Inverter Market Share, By Phase, 2021

Figure 143: South Africa Micro Inverter Market Share, By Application, 2021

Figure 144: South Africa Micro Inverter Market Share, By Connectivity, 2021

Figure 145: Turkey Micro Inverter Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 146: Turkey Micro Inverter Market Share, By Phase, 2021

Figure 147: Turkey Micro Inverter Market Share, By Application, 2021

Figure 148: Turkey Micro Inverter Market Share, By Connectivity, 2021

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