+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

PV Micro Inverters - Global Market Trajectory & Analytics

  • ID: 5030629
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • ABB Group
  • Enphase Energy, Inc.
  • General Electric Company
  • SMA Solar Technology AG
  • SunPower Corporation
  • TBEA SunOasis Co. Ltd.
  • MORE
Global PV Micro Inverters Market to Reach $1.7 Billion by 2027

Amid the COVID-19 crisis, the global market for PV Micro Inverters estimated at US$634.6 Million in the year 2020, is projected to reach a revised size of US$1.7 Billion by 2027, growing at a CAGR of 14.7% over the period 2020-2027. Standalone Systems, one of the segments analyzed in the report, is projected to record 14.8% CAGR and reach US$1.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Integrated Systems segment is readjusted to a revised 13.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $187.6 Million, While China is Forecast to Grow at 14.1% CAGR

The PV Micro Inverters market in the U.S. is estimated at US$187.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$287.4 Million by the year 2027 trailing a CAGR of 14.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.1% and 12.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.7% CAGR.

Select Competitors (Total 53 Featured):
  • ABB Group
  • Darfon Electronics Corporation
  • Enphase Energy, Inc.
  • General Electric Company
  • Shenzhen Kstar Science&Technology Co., Ltd.
  • SMA Solar Technology AG
  • Sungrow Power Supply Co., Ltd.
  • SunPower Corporation
  • TBEA SunOasis Co., Ltd.
  • TMEIC Corporation

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ABB Group
  • Enphase Energy, Inc.
  • General Electric Company
  • SMA Solar Technology AG
  • SunPower Corporation
  • TBEA SunOasis Co. Ltd.
  • MORE
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Current & Future Analysis for PV Micro Inverters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 2: World 7-Year Perspective for PV Micro Inverters by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
  • Table 3: World Current & Future Analysis for Standalone Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 4: World 7-Year Perspective for Standalone Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 5: World Current & Future Analysis for Integrated Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 6: World 7-Year Perspective for Integrated Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 7: World Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 8: World 7-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 9: World Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 10: World 7-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 11: World Current & Future Analysis for Utility by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 12: World 7-Year Perspective for Utility by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
III. MARKET ANALYSIS
  • UNITED STATES
  • Table 13: USA Current & Future Analysis for PV Micro Inverters by System - Standalone Systems and Integrated Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 14: USA 7-Year Perspective for PV Micro Inverters by System - Percentage Breakdown of Value Sales for Standalone Systems and Integrated Systems for the Years 2020 & 2027
  • Table 15: USA Current & Future Analysis for PV Micro Inverters by End-Use - Residential, Commercial and Utility - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 16: USA 7-Year Perspective for PV Micro Inverters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Utility for the Years 2020 & 2027
  • CANADA
  • Table 17: Canada Current & Future Analysis for PV Micro Inverters by System - Standalone Systems and Integrated Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 18: Canada 7-Year Perspective for PV Micro Inverters by System - Percentage Breakdown of Value Sales for Standalone Systems and Integrated Systems for the Years 2020 & 2027
  • Table 19: Canada Current & Future Analysis for PV Micro Inverters by End-Use - Residential, Commercial and Utility - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 20: Canada 7-Year Perspective for PV Micro Inverters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Utility for the Years 2020 & 2027
  • JAPAN
  • Table 21: Japan Current & Future Analysis for PV Micro Inverters by System - Standalone Systems and Integrated Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 22: Japan 7-Year Perspective for PV Micro Inverters by System - Percentage Breakdown of Value Sales for Standalone Systems and Integrated Systems for the Years 2020 & 2027
  • Table 23: Japan Current & Future Analysis for PV Micro Inverters by End-Use - Residential, Commercial and Utility - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 24: Japan 7-Year Perspective for PV Micro Inverters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Utility for the Years 2020 & 2027
  • CHINA
  • Table 25: China Current & Future Analysis for PV Micro Inverters by System - Standalone Systems and Integrated Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 26: China 7-Year Perspective for PV Micro Inverters by System - Percentage Breakdown of Value Sales for Standalone Systems and Integrated Systems for the Years 2020 & 2027
  • Table 27: China Current & Future Analysis for PV Micro Inverters by End-Use - Residential, Commercial and Utility - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 28: China 7-Year Perspective for PV Micro Inverters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Utility for the Years 2020 & 2027
  • EUROPE
  • Table 29: Europe Current & Future Analysis for PV Micro Inverters by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 30: Europe 7-Year Perspective for PV Micro Inverters by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
  • Table 31: Europe Current & Future Analysis for PV Micro Inverters by System - Standalone Systems and Integrated Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 32: Europe 7-Year Perspective for PV Micro Inverters by System - Percentage Breakdown of Value Sales for Standalone Systems and Integrated Systems for the Years 2020 & 2027
  • Table 33: Europe Current & Future Analysis for PV Micro Inverters by End-Use - Residential, Commercial and Utility - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 34: Europe 7-Year Perspective for PV Micro Inverters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Utility for the Years 2020 & 2027
  • FRANCE
  • Table 35: France Current & Future Analysis for PV Micro Inverters by System - Standalone Systems and Integrated Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 36: France 7-Year Perspective for PV Micro Inverters by System - Percentage Breakdown of Value Sales for Standalone Systems and Integrated Systems for the Years 2020 & 2027
  • Table 37: France Current & Future Analysis for PV Micro Inverters by End-Use - Residential, Commercial and Utility - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 38: France 7-Year Perspective for PV Micro Inverters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Utility for the Years 2020 & 2027
  • GERMANY
  • Table 39: Germany Current & Future Analysis for PV Micro Inverters by System - Standalone Systems and Integrated Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 40: Germany 7-Year Perspective for PV Micro Inverters by System - Percentage Breakdown of Value Sales for Standalone Systems and Integrated Systems for the Years 2020 & 2027
  • Table 41: Germany Current & Future Analysis for PV Micro Inverters by End-Use - Residential, Commercial and Utility - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 42: Germany 7-Year Perspective for PV Micro Inverters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Utility for the Years 2020 & 2027
  • ITALY
  • Table 43: Italy Current & Future Analysis for PV Micro Inverters by System - Standalone Systems and Integrated Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 44: Italy 7-Year Perspective for PV Micro Inverters by System - Percentage Breakdown of Value Sales for Standalone Systems and Integrated Systems for the Years 2020 & 2027
  • Table 45: Italy Current & Future Analysis for PV Micro Inverters by End-Use - Residential, Commercial and Utility - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 46: Italy 7-Year Perspective for PV Micro Inverters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Utility for the Years 2020 & 2027
  • UNITED KINGDOM
  • Table 47: UK Current & Future Analysis for PV Micro Inverters by System - Standalone Systems and Integrated Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 48: UK 7-Year Perspective for PV Micro Inverters by System - Percentage Breakdown of Value Sales for Standalone Systems and Integrated Systems for the Years 2020 & 2027
  • Table 49: UK Current & Future Analysis for PV Micro Inverters by End-Use - Residential, Commercial and Utility - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 50: UK 7-Year Perspective for PV Micro Inverters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Utility for the Years 2020 & 2027
  • REST OF EUROPE
  • Table 51: Rest of Europe Current & Future Analysis for PV Micro Inverters by System - Standalone Systems and Integrated Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 52: Rest of Europe 7-Year Perspective for PV Micro Inverters by System - Percentage Breakdown of Value Sales for Standalone Systems and Integrated Systems for the Years 2020 & 2027
  • Table 53: Rest of Europe Current & Future Analysis for PV Micro Inverters by End-Use - Residential, Commercial and Utility - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 54: Rest of Europe 7-Year Perspective for PV Micro Inverters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Utility for the Years 2020 & 2027
  • ASIA-PACIFIC
  • Table 55: Asia-Pacific Current & Future Analysis for PV Micro Inverters by System - Standalone Systems and Integrated Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 56: Asia-Pacific 7-Year Perspective for PV Micro Inverters by System - Percentage Breakdown of Value Sales for Standalone Systems and Integrated Systems for the Years 2020 & 2027
  • Table 57: Asia-Pacific Current & Future Analysis for PV Micro Inverters by End-Use - Residential, Commercial and Utility - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 58: Asia-Pacific 7-Year Perspective for PV Micro Inverters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Utility for the Years 2020 & 2027
  • REST OF WORLD
  • Table 59: Rest of World Current & Future Analysis for PV Micro Inverters by System - Standalone Systems and Integrated Systems - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 60: Rest of World 7-Year Perspective for PV Micro Inverters by System - Percentage Breakdown of Value Sales for Standalone Systems and Integrated Systems for the Years 2020 & 2027
  • Table 61: Rest of World Current & Future Analysis for PV Micro Inverters by End-Use - Residential, Commercial and Utility - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 62: Rest of World 7-Year Perspective for PV Micro Inverters by End-Use - Percentage Breakdown of Value Sales for Residential, Commercial and Utility for the Years 2020 & 2027
IV. COMPETITION
  • Total Companies Profiled: 53
Note: Product cover images may vary from those shown
  • ABB Group
  • Darfon Electronics Corporation
  • Enphase Energy, Inc.
  • General Electric Company
  • Shenzhen Kstar Science&Technology Co. Ltd.
  • SMA Solar Technology AG
  • Sungrow Power Supply Co. Ltd.
  • SunPower Corporation
  • TBEA SunOasis Co. Ltd.
  • TMEIC Corporation
Note: Product cover images may vary from those shown
Adroll
adroll