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Micro Inverter Market Share

Report ID: GMI5202
Published Date: Aug 2023
Report Format: PDF

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Micro Inverter Market Share

The major players operating in the micro inverter market includes :

Darfon Electronics Corp.
Enphase Energy
SMA Solar Technology AG
Altenergy Power System, Inc.
Fimer Group
Chilicon Power LLC
AEconversion GmbH & Co.
KG, Envertech (Zhejiang Envertech Corporation Limited)
Sensata Technologies, Inc.
Northern Electric Power Technology Inc.
Sparq System
Yotta Energy
Growatt New Energy
NingBo Deye Inverter Technology Co., Ltd.
Hoymiles
LeadSolar Energy
Shenzhen Sako Solar Co., Ltd.
Dongguan Kaideng Energy Technology Co., Ltd.
TSUNESS Co., Ltd.
Chisageess
Dongguan Maywah Co., Ltd.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

Global market size for micro inverter in 2023 was valued at USD 2.51 million and is estimated to surpass USD 6.48 million by 2032.

On Grid micro inverters market is set to grow over 9% CAGR through 2032 on account of various advantages comprising higher energy yield, simplified design & installations, and enhanced safety of the solar systems during installation, maintenance, and emergencies.

Europe market is set to grow on account of surge in solar installations, both in residential and commercial sectors.

Darfon Electronics Corp., Enphase Energy, SMA Solar Technology AG, Altenergy Power System, Inc., Fimer Group, Chilicon Power, LLC, AEconversion GmbH & Co. KG, Envertech (Zhejiang Envertech Corporation Limited), Sensata Technologies, Inc., Northern Electric Power Technology Inc., among others.