Micro Inverter Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends
The global Micro Inverter market is expected to grow at a CAGR of 11.3% during the forecast period.
The global Micro Inverter market is estimated to be about 2462.3 million US dollars in 2020.
The global Micro Inverter market is estimated to reach 3779.5 million USD by 2026.
The global Micro Inverter market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Micro Inverter market will be able to gain an advantage as they use reports as a powerful resource.
Micro Inverter markets by category
Single-phase
Three-phase
Micro Inverter Market by Application (Percentage of Demand)
Residential
Commercial
Who are the leading companies in Micro Inverter
Enphase Energy
ABB Group
SunPower
SMA Solar Technology
Delta Energy Systems
SolarEdge Technologies
ReneSola
Siemens
P&P Energy Technology
Involar
Alencon Systems
Delta Energy
Altenergy Power
Ampt
Array Power
Chilicon Power
i-Energy
KACO New Energy
Petra Systems
Solantro
Sparq Systems
Tigo Energy
Micro Inverter markets by region:
In North America
In Latin America
Europe
The Asia-pacific
Middle East and Africa (MEA)
What are the main countries covered
The United States
Canada
Germany
France
UK
Italy
Russia
China
Japan
Korea
Southeast Asia
India
Australia
Brazil
Mexico
Argentina
Chile
Colombia
Egypt
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Which is the most profitable market
Among regions, North America/Europe/Asia Pacific accounted for the largest share of global personalized beauty equipment as rising consumer incomes led to increased spending at Micro Inverter.
What methodology did you follow in your research
This study was conducted by our expert analysts through a combination of primary and secondary studies. The methodology we follow includes a demand-side assessment of the market and triangulation of this through supply-side analysis. The methodology is based on the use of standard market structures, methods, and definitions.
Who were the primary study respondents
We talk to stakeholders across the spectrum. Including C-level executives, distributors, product manufacturers, industry experts, etc.
What are the sources of secondary research
We conduct extensive secondary studies using proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations and research papers.
1. Introduction
1.1 Definition of the Market
1.2 Research Purpose
1.3 Scope of the Study
1.4 Stakeholders
1.5 Geography Coverage
1.6 Currency Under Consideration
1.7 Market Size Units
1.8 Review Cycle
2 Global Market Overview
2.1 Global Micro Inverter Revenue and Growth Forecast 2014-2026
2.2 Global Micro Inverter Market Size and Growth Forecast 2014-2026
2.3 Global Micro Inverter Revenue by Region 2014-2026
2.4 Micro Inverter Market Share by Major Regions 2014-2021
2.5 Micro Inverter Gross Margin in Different Region 2014-2021
2.6 Global Micro Inverter Market History Price and Forecast 2014-2026
2.7 Global Micro Inverter Sales Market Share by Top Companies 2014-2021
3 Global Micro Inverter Market by Type
3.1 Global Micro Inverter Revenue and Growth Rate Segment by Types from 2014-2021
3.2 Global Micro Inverter Market Size and Growth Rate Segment by Product Types from 2014-2021
3.3 Global Micro Inverter Price Segment by Types from 2014-2021
3.4 Brief Introduction of Different Types
3.4.1 Single-phase
3.4.2 Three-phase
4 Global Micro Inverter Market by Application
4.1 Global Micro Inverter Revenue and Growth Rate Segment by Applications from 2014-2021
4.2 Global Micro Inverter Market Size and Growth Rate Segment by Product Applications from 2014-2021
4.3 Brief Introduction of Different Applications
4.3.1 Residential
4.3.2 Commercial
5 North America Micro Inverter Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
5.1 North America Micro Inverter Value ($) from 2014-2021
5.2 North America Micro Inverter Market Size from 2014-2021
5.3 North America Micro Inverter Price Change from 2014-2021
5.4 North America Micro Inverter Import and Export from 2014-2021
5.5 North America Micro Inverter Market Value ($) and Growth (%) by Type from 2014-2021
5.6 North America Micro Inverter Market Value ($) and Growth (%) by Application from 2014-2021
5.7 North America Micro Inverter Market Value ($) and Growth (%) by Countries from 2014-2021
5.7.1 The United States
5.7.2 Canada
5.8 Top North America Micro Inverter Participants Value ($) and Market Share (%) in 2020
6 Europe Micro Inverter Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
6.1 Europe Micro Inverter Value ($) from 2014-2021
6.2 Europe Micro Inverter Market Size from 2014-2021
6.3 Europe Micro Inverter Price Change from 2014-2021
6.4 Europe Micro Inverter Import and Export from 2014-2021
6.5 Europe Micro Inverter Market Value ($) and Growth (%) by Type from 2014-2021
6.6 Europe Micro Inverter Market Value ($) and Growth (%) by Application from 2014-2021
6.7 Europe Micro Inverter Market Value ($) and Growth (%) by Countries from 2014-2021
6.7.1 Germany
6.7.2 France
6.7.3 UK
6.7.4 Italy
6.7.5 Russia
…
6.8 Top Europe Micro Inverter Participants Value ($) and Market Share (%) in 2020
7 Asia-Pacific Micro Inverter Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
7.1 Asia-Pacific Micro Inverter Value ($) from 2014-2021
7.2 Asia-Pacific Micro Inverter Market Size from 2014-2021
7.3 Asia-Pacific Micro Inverter Price Change from 2014-2021
7.4 Asia-Pacific Micro Inverter Import and Export from 2014-2021
7.5 Asia-Pacific Micro Inverter Market Value ($) and Growth (%) by Type from 2014-2021
7.6 Asia-Pacific Micro Inverter Market Value ($) and Growth (%) by Application from 2014-2021
7.7 Asia-Pacific Micro Inverter Market Value ($) and Growth (%) by Countries from 2014-2021
7.7.1 China
7.7.2 Japan
7.7.3 Korea
7.7.4 Southeast Asia
7.7.5 India
7.7.6 Australia
…
7.8 Top Asia-Pacific Micro Inverter Participants Value ($) and Market Share (%) in 2020
8 Latin America Micro Inverter Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
8.1 Latin America Micro Inverter Value ($) from 2014-2021
8.2 Latin America Micro Inverter Market Size from 2014-2021
8.3 Latin America Micro Inverter Price Change from 2014-2021
8.4 Latin America Micro Inverter Import and Export from 2014-2021
8.5 Latin America Micro Inverter Market Value ($) and Growth (%) by Type from 2014-2021
8.6 Latin America Micro Inverter Market Value ($) and Growth (%) by Application from 2014-2021
8.7 Latin America Micro Inverter Market Value ($) and Growth (%) by Countries from 2014-2021
8.7.1 Brazil
8.7.2 Mexico
8.7.3 Argentina
8.7.4 Chile
8.7.5 Colombia
…
8.8 Top Latin America Micro Inverter Participants Value ($) and Market Share (%) in 2020
9 Middle East & Africa Micro Inverter Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
9.1 Middle East & Africa Micro Inverter Value ($) from 2014-2021
9.2 Middle East & Africa Micro Inverter Market Size from 2014-2021
9.3 Middle East & Africa Micro Inverter Price Change from 2014-2021
9.4 Middle East & Africa Micro Inverter Import and Export from 2014-2021
9.5 Middle East & Africa Micro Inverter Market Value ($) and Growth (%) by Type from 2014-2021
9.6 Middle East & Africa Micro Inverter Market Value ($) and Growth (%) by Application from 2014-2021
9.7 Middle East & Africa Micro Inverter Market Value ($) and Growth (%) by Countries from 2014-2021
9.7.1 Egypt
9.7.2 Saudi Arabia
9.7.3 United Arab Emirates
9.7.4 Nigeria
9.7.5 South Africa
…
9.8 Top Middle East & Africa Micro Inverter Participants Value ($) and Market Share (%) in 2020
10. Global Level Competitive Intelligence – Company Profiles
10.1 Enphase Energy
10.1.1 Enphase Energy Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.1.2 Enphase Energy Sales, Value, Gross and Gross Margin from 2014-2021
10.1.3 Enphase Energy Value and Growth Change from 2014-2021
10.1.4 Enphase Energy Price Change from 2014-2021
10.1.5 Enphase Energy Product Offered
10.2 ABB Group
10.2.1 ABB Group Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.2.2 ABB Group Sales, Value, Gross and Gross Margin from 2014-2021
10.2.3 ABB Group Value and Growth Change from 2014-2021
10.2.4 ABB Group Price Change from 2014-2021
10.2.5 ABB Group Product Offered
10.3 SunPower
10.3.1 SunPower Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.3.2 SunPower Sales, Value, Gross and Gross Margin from 2014-2021
10.3.3 SunPower Value and Growth Change from 2014-2021
10.3.4 SunPower Price Change from 2014-2021
10.3.5 SunPower Product Offered
10.4 SMA Solar Technology
10.4.1 SMA Solar Technology Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.4.2 SMA Solar Technology Sales, Value, Gross and Gross Margin from 2014-2021
10.4.3 SMA Solar Technology Value and Growth Change from 2014-2021
10.4.4 SMA Solar Technology Price Change from 2014-2021
10.4.5 SMA Solar Technology Product Offered
10.5 Delta Energy Systems
10.5.1 Delta Energy Systems Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.5.2 Delta Energy Systems Sales, Value, Gross and Gross Margin from 2014-2021
10.5.3 Delta Energy Systems Value and Growth Change from 2014-2021
10.5.4 Delta Energy Systems Price Change from 2014-2021
10.5.5 Delta Energy Systems Product Offered
10.6 SolarEdge Technologies
10.6.1 SolarEdge Technologies Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.6.2 SolarEdge Technologies Sales, Value, Gross and Gross Margin from 2014-2021
10.6.3 SolarEdge Technologies Value and Growth Change from 2014-2021
10.6.4 SolarEdge Technologies Price Change from 2014-2021
10.6.5 SolarEdge Technologies Product Offered
10.7 ReneSola
10.7.1 ReneSola Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.7.2 ReneSola Sales, Value, Gross and Gross Margin from 2014-2021
10.7.3 ReneSola Value and Growth Change from 2014-2021
10.7.4 ReneSola Price Change from 2014-2021
10.7.5 ReneSola Product Offered
10.8 Siemens
10.8.1 Siemens Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.8.2 Siemens Sales, Value, Gross and Gross Margin from 2014-2021
10.8.3 Siemens Value and Growth Change from 2014-2021
10.8.4 Siemens Price Change from 2014-2021
10.8.5 Siemens Product Offered
10.9 P&P Energy Technology
10.9.1 P&P Energy Technology Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.9.2 P&P Energy Technology Sales, Value, Gross and Gross Margin from 2014-2021
10.9.3 P&P Energy Technology Value and Growth Change from 2014-2021
10.9.4 P&P Energy Technology Price Change from 2014-2021
10.9.5 P&P Energy Technology Product Offered
10.10 Involar
10.10.1 Involar Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.10.2 Involar Sales, Value, Gross and Gross Margin from 2014-2021
10.10.3 Involar Value and Growth Change from 2014-2021
10.10.4 Involar Price Change from 2014-2021
10.10.5 Involar Product Offered
10.11 Alencon Systems
10.11.1 Alencon Systems Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.11.2 Alencon Systems Sales, Value, Gross and Gross Margin from 2014-2021
10.11.3 Alencon Systems Value and Growth Change from 2014-2021
10.11.4 Alencon Systems Price Change from 2014-2021
10.11.5 Alencon Systems Product Offered
10.12 Delta Energy
10.12.1 Delta Energy Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.12.2 Delta Energy Sales, Value, Gross and Gross Margin from 2014-2021
10.12.3 Delta Energy Value and Growth Change from 2014-2021
10.12.4 Delta Energy Price Change from 2014-2021
10.12.5 Delta Energy Product Offered
10.13 Altenergy Power
10.13.1 Altenergy Power Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.13.2 Altenergy Power Sales, Value, Gross and Gross Margin from 2014-2021
10.13.3 Altenergy Power Value and Growth Change from 2014-2021
10.13.4 Altenergy Power Price Change from 2014-2021
10.13.5 Altenergy Power Product Offered
10.14 Ampt
10.14.1 Ampt Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.14.2 Ampt Sales, Value, Gross and Gross Margin from 2014-2021
10.14.3 Ampt Value and Growth Change from 2014-2021
10.14.4 Ampt Price Change from 2014-2021
10.14.5 Ampt Product Offered
10.15 Array Power
10.15.1 Array Power Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.15.2 Array Power Sales, Value, Gross and Gross Margin from 2014-2021
10.15.3 Array Power Value and Growth Change from 2014-2021
10.15.4 Array Power Price Change from 2014-2021
10.15.5 Array Power Product Offered
10.16 Chilicon Power
10.16.1 Chilicon Power Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.16.2 Chilicon Power Sales, Value, Gross and Gross Margin from 2014-2021
10.16.3 Chilicon Power Value and Growth Change from 2014-2021
10.16.4 Chilicon Power Price Change from 2014-2021
10.16.5 Chilicon Power Product Offered
10.17 i-Energy
10.17.1 i-Energy Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.17.2 i-Energy Sales, Value, Gross and Gross Margin from 2014-2021
10.17.3 i-Energy Value and Growth Change from 2014-2021
10.17.4 i-Energy Price Change from 2014-2021
10.17.5 i-Energy Product Offered
10.18 KACO New Energy
10.18.1 KACO New Energy Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.18.2 KACO New Energy Sales, Value, Gross and Gross Margin from 2014-2021
10.18.3 KACO New Energy Value and Growth Change from 2014-2021
10.18.4 KACO New Energy Price Change from 2014-2021
10.18.5 KACO New Energy Product Offered
10.19 Petra Systems
10.19.1 Petra Systems Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.19.2 Petra Systems Sales, Value, Gross and Gross Margin from 2014-2021
10.19.3 Petra Systems Value and Growth Change from 2014-2021
10.19.4 Petra Systems Price Change from 2014-2021
10.19.5 Petra Systems Product Offered
10.20 Solantro
10.20.1 Solantro Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.20.2 Solantro Sales, Value, Gross and Gross Margin from 2014-2021
10.20.3 Solantro Value and Growth Change from 2014-2021
10.20.4 Solantro Price Change from 2014-2021
10.20.5 Solantro Product Offered
10.21 Sparq Systems
10.21.1 Sparq Systems Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.21.2 Sparq Systems Sales, Value, Gross and Gross Margin from 2014-2021
10.21.3 Sparq Systems Value and Growth Change from 2014-2021
10.21.4 Sparq Systems Price Change from 2014-2021
10.21.5 Sparq Systems Product Offered
10.22 Tigo Energy
10.22.1 Tigo Energy Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.22.2 Tigo Energy Sales, Value, Gross and Gross Margin from 2014-2021
10.22.3 Tigo Energy Value and Growth Change from 2014-2021
10.22.4 Tigo Energy Price Change from 2014-2021
10.22.5 Tigo Energy Product Offered
11. Market Dynamics
11.1 Driving Factors
11.1.1 Rising Demand in Some Regions: North America/Europe/China/India/Japan …
11.1.2 Increasing Use of Micro Inverter by Different End-User/Applications
11.2 Restraints and Challenges in the Market
11.3 Opportunities
11.4 Covid-19 Impact/Evaluation
12. Future Forecast of Global Micro Inverter Market from 2020-2026
12.1 Future Forecast of Global Micro Inverter Market from 2020-2026 Segment by Regions
12.2 Future Forecast of Global Micro Inverter Market from 2020-2026 Segment by Type
12.3 Future Forecast of Global Micro Inverter Market from 2020-2026 Segment by Application
13. Investment Analysis
13.1 Fundamental Analysis (Porter's Five Forces Analysis)
13.2 Technical Preparation Analysis
13.3 Risk Evaluating Analysis
13.4 Estimated Investment Pay-Back Period
14 Research Methodology
14.1 Research Data
14.1.1 Secondary Data
14.1.2 Primary Data
14.2 Revenue Estimation
14.2.1 Bottom-Up Approach
14.2.2 Top-Down Approach (Involves time, Space, and Persons)
14.3 Data Triangulation
14.4 Assumptions
14.5 Hypothesis of this Research, Clear, specific, and testable statement of this research
14.6 Limitations of Our Study
14.7 Scene Based Modeling
15 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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