Microinverter Market 2028 By Type, Connection, End User and Geography | The Insight Partners

Microinverter Market to 2028 - Global Analysis and Forecasts by Type (Single Phase, Three Phase); Connection (Stand Alone, Grid Connected); End User (Residential, Commercial) and Geography

Report Code: TIPRE00029473 | No. of Pages: 150 | Category: Energy and Power | Status: Upcoming

MARKET INTRODUCTION
A micro inverter is an electrical device that converts direct current (DC) from solar modules into alternating current (AC) in photovoltaic systems. These inverters are often installed separately on each solar panel to convert DC power to AC power at the device power source. In addition, a micro inverter is easy to install and has simpler operations, compared to string inverters and central inverters. Furthermore, it also helps to produce optimal power, by performing maximum power point tracking (MPPT) for the connected module. Moreover, it offers several benefits over traditional inverters, such as greater reliability, higher production, and improved safety.

MARKET DYNAMICS 
Technical advantages of micro-inverters over conventional solar inverters and significant capital inflows in renewable energy sector are driving the growth of the microinverter market. However, higher installation and maintenance costs of micro-inverters may restrain the growth of the microinverter market. Furthermore, increase in number of solar PV installations owing to incentive schemes by governments of different countries and technological innovations in inverters to improve their capabilities are anticipated to create a market opportunity for the microinverter market during the forecast period.

MARKET SCOPE
The "Global Microinverter Market Analysis To 2028" is a specialized and in-depth study of the energy and power industry with a special focus on the global market trend analysis. The microinverter market report aims to provide an overview of the microinverter market with detailed market segmentation by type, connection, end user, and geography. The global microinverter market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading microinverter market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION
The global microinverter market is segmented on the basis of type, connection, and end user. Based on type, the microinverter market is bifurcated into: single phase and three phase. On the basis of connection, the microinverter market is bifurcated into: stand alone and grid connected. Based on end user, the microinverter market is bifurcated into: residential and commercial.
 
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global microinverter market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The microinverter market by each region is later sub-segmented by respective countries and segments. The microinverter market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the microinverter market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the microinverter market in these regions.
 
IMPACT OF COVID-19 ON MICROINVERTER MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic had a negative impact on the microinverter market. COVID-19 has not only affected the commercial sector but has also impacted the global economy. With an increasing number of countries imposing and extending lockdowns, economic activities are likely to further drop, which will, in turn, impact the global economy. Furthermore, the market is expected to be adversely impacted by COVID-19 owing to the decrease in demand for power from commercial applications. Power generation in countries affected by COVID-19 has reduced due to lockdowns. This is because the demand for power from commercial end users has gone down in these countries. Though the domestic power demand has increased due to lockdowns, commercial and industrial end users still contribute the larger share in the consumption of power. The ongoing pandemic has ceased energy production at several solar plants in these countries, which is expected to reduce the demand for microinverters in the next few years.



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MARKET PLAYERS

The reports cover key developments in the microinverter market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from microinverter market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the microinverter market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the microinverter market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
  • ABB Ltd
  • Delta Energy Systems GmbH
  • Enphase Energy Inc.
  • Involar
  • P and P Energy Technology Co Limited
  • ReneSola
  • Siemens AG
  • SMA Solar Technology AG
  • SolarEdge Technologies Inc.
  • SunPower Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  


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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Microinverter Market - By Type
1.3.2 Microinverter Market - By Connection
1.3.3 Microinverter Market - By End User
1.3.4 Microinverter Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. MICROINVERTER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. MICROINVERTER MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. MICROINVERTER MARKET - GLOBAL MARKET ANALYSIS
6.1. MICROINVERTER - GLOBAL MARKET OVERVIEW
6.2. MICROINVERTER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. MICROINVERTER MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SINGLE PHASE
7.3.1. Overview
7.3.2. Single Phase Market Forecast and Analysis
7.4. THREE PHASE
7.4.1. Overview
7.4.2. Three Phase Market Forecast and Analysis

8. MICROINVERTER MARKET - REVENUE AND FORECASTS TO 2028 - CONNECTION
8.1. OVERVIEW
8.2. CONNECTION MARKET FORECASTS AND ANALYSIS
8.3. STAND ALONE
8.3.1. Overview
8.3.2. Stand Alone Market Forecast and Analysis
8.4. GRID CONNECTED
8.4.1. Overview
8.4.2. Grid Connected Market Forecast and Analysis
9. MICROINVERTER MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. RESIDENTIAL
9.3.1. Overview
9.3.2. Residential Market Forecast and Analysis
9.4. COMMERCIAL
9.4.1. Overview
9.4.2. Commercial Market Forecast and Analysis

10. MICROINVERTER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Microinverter Market Overview
10.1.2 North America Microinverter Market Forecasts and Analysis
10.1.3 North America Microinverter Market Forecasts and Analysis - By Type
10.1.4 North America Microinverter Market Forecasts and Analysis - By Connection
10.1.5 North America Microinverter Market Forecasts and Analysis - By End User
10.1.6 North America Microinverter Market Forecasts and Analysis - By Countries
10.1.6.1 United States Microinverter Market
10.1.6.1.1 United States Microinverter Market by Type
10.1.6.1.2 United States Microinverter Market by Connection
10.1.6.1.3 United States Microinverter Market by End User
10.1.6.2 Canada Microinverter Market
10.1.6.2.1 Canada Microinverter Market by Type
10.1.6.2.2 Canada Microinverter Market by Connection
10.1.6.2.3 Canada Microinverter Market by End User
10.1.6.3 Mexico Microinverter Market
10.1.6.3.1 Mexico Microinverter Market by Type
10.1.6.3.2 Mexico Microinverter Market by Connection
10.1.6.3.3 Mexico Microinverter Market by End User
10.2. EUROPE
10.2.1 Europe Microinverter Market Overview
10.2.2 Europe Microinverter Market Forecasts and Analysis
10.2.3 Europe Microinverter Market Forecasts and Analysis - By Type
10.2.4 Europe Microinverter Market Forecasts and Analysis - By Connection
10.2.5 Europe Microinverter Market Forecasts and Analysis - By End User
10.2.6 Europe Microinverter Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Microinverter Market
10.2.6.1.1 Germany Microinverter Market by Type
10.2.6.1.2 Germany Microinverter Market by Connection
10.2.6.1.3 Germany Microinverter Market by End User
10.2.6.2 France Microinverter Market
10.2.6.2.1 France Microinverter Market by Type
10.2.6.2.2 France Microinverter Market by Connection
10.2.6.2.3 France Microinverter Market by End User
10.2.6.3 Italy Microinverter Market
10.2.6.3.1 Italy Microinverter Market by Type
10.2.6.3.2 Italy Microinverter Market by Connection
10.2.6.3.3 Italy Microinverter Market by End User
10.2.6.4 United Kingdom Microinverter Market
10.2.6.4.1 United Kingdom Microinverter Market by Type
10.2.6.4.2 United Kingdom Microinverter Market by Connection
10.2.6.4.3 United Kingdom Microinverter Market by End User
10.2.6.5 Russia Microinverter Market
10.2.6.5.1 Russia Microinverter Market by Type
10.2.6.5.2 Russia Microinverter Market by Connection
10.2.6.5.3 Russia Microinverter Market by End User
10.2.6.6 Rest of Europe Microinverter Market
10.2.6.6.1 Rest of Europe Microinverter Market by Type
10.2.6.6.2 Rest of Europe Microinverter Market by Connection
10.2.6.6.3 Rest of Europe Microinverter Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Microinverter Market Overview
10.3.2 Asia-Pacific Microinverter Market Forecasts and Analysis
10.3.3 Asia-Pacific Microinverter Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Microinverter Market Forecasts and Analysis - By Connection
10.3.5 Asia-Pacific Microinverter Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Microinverter Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Microinverter Market
10.3.6.1.1 Australia Microinverter Market by Type
10.3.6.1.2 Australia Microinverter Market by Connection
10.3.6.1.3 Australia Microinverter Market by End User
10.3.6.2 China Microinverter Market
10.3.6.2.1 China Microinverter Market by Type
10.3.6.2.2 China Microinverter Market by Connection
10.3.6.2.3 China Microinverter Market by End User
10.3.6.3 India Microinverter Market
10.3.6.3.1 India Microinverter Market by Type
10.3.6.3.2 India Microinverter Market by Connection
10.3.6.3.3 India Microinverter Market by End User
10.3.6.4 Japan Microinverter Market
10.3.6.4.1 Japan Microinverter Market by Type
10.3.6.4.2 Japan Microinverter Market by Connection
10.3.6.4.3 Japan Microinverter Market by End User
10.3.6.5 South Korea Microinverter Market
10.3.6.5.1 South Korea Microinverter Market by Type
10.3.6.5.2 South Korea Microinverter Market by Connection
10.3.6.5.3 South Korea Microinverter Market by End User
10.3.6.6 Rest of Asia-Pacific Microinverter Market
10.3.6.6.1 Rest of Asia-Pacific Microinverter Market by Type
10.3.6.6.2 Rest of Asia-Pacific Microinverter Market by Connection
10.3.6.6.3 Rest of Asia-Pacific Microinverter Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Microinverter Market Overview
10.4.2 Middle East and Africa Microinverter Market Forecasts and Analysis
10.4.3 Middle East and Africa Microinverter Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Microinverter Market Forecasts and Analysis - By Connection
10.4.5 Middle East and Africa Microinverter Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Microinverter Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Microinverter Market
10.4.6.1.1 South Africa Microinverter Market by Type
10.4.6.1.2 South Africa Microinverter Market by Connection
10.4.6.1.3 South Africa Microinverter Market by End User
10.4.6.2 Saudi Arabia Microinverter Market
10.4.6.2.1 Saudi Arabia Microinverter Market by Type
10.4.6.2.2 Saudi Arabia Microinverter Market by Connection
10.4.6.2.3 Saudi Arabia Microinverter Market by End User
10.4.6.3 U.A.E Microinverter Market
10.4.6.3.1 U.A.E Microinverter Market by Type
10.4.6.3.2 U.A.E Microinverter Market by Connection
10.4.6.3.3 U.A.E Microinverter Market by End User
10.4.6.4 Rest of Middle East and Africa Microinverter Market
10.4.6.4.1 Rest of Middle East and Africa Microinverter Market by Type
10.4.6.4.2 Rest of Middle East and Africa Microinverter Market by Connection
10.4.6.4.3 Rest of Middle East and Africa Microinverter Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Microinverter Market Overview
10.5.2 South and Central America Microinverter Market Forecasts and Analysis
10.5.3 South and Central America Microinverter Market Forecasts and Analysis - By Type
10.5.4 South and Central America Microinverter Market Forecasts and Analysis - By Connection
10.5.5 South and Central America Microinverter Market Forecasts and Analysis - By End User
10.5.6 South and Central America Microinverter Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Microinverter Market
10.5.6.1.1 Brazil Microinverter Market by Type
10.5.6.1.2 Brazil Microinverter Market by Connection
10.5.6.1.3 Brazil Microinverter Market by End User
10.5.6.2 Argentina Microinverter Market
10.5.6.2.1 Argentina Microinverter Market by Type
10.5.6.2.2 Argentina Microinverter Market by Connection
10.5.6.2.3 Argentina Microinverter Market by End User
10.5.6.3 Rest of South and Central America Microinverter Market
10.5.6.3.1 Rest of South and Central America Microinverter Market by Type
10.5.6.3.2 Rest of South and Central America Microinverter Market by Connection
10.5.6.3.3 Rest of South and Central America Microinverter Market by End User

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. MICROINVERTER MARKET, KEY COMPANY PROFILES
12.1. ABB LTD
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. DELTA ENERGY SYSTEMS GMBH
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. ENPHASE ENERGY INC.
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. INVOLAR
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. P AND P ENERGY TECHNOLOGY CO LIMITED
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. RENESOLA
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. SIEMENS AG
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. SMA SOLAR TECHNOLOGY AG
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SOLAREDGE TECHNOLOGIES INC.
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. SUNPOWER CORPORATION
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS

The List Of Companies

  1. ABB Ltd
  2. Delta Energy Systems GmbH
  3. Enphase Energy Inc.
  4. Involar
  5. P and P Energy Technology Co Limited
  6. ReneSola
  7. Siemens AG
  8. SMA Solar Technology AG
  9. SolarEdge Technologies Inc.
  10. SunPower Corporation
TIPRE00029473
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