The global Module Level Power Electronics (MLPE) market size was valued at US$ 2305.3 million in 2023. With growing demand in downstream market, the Module Level Power Electronics (MLPE) is forecast to a readjusted size of US$ 6225.8 million by 2030 with a CAGR of 15.2% during review period.
The research report highlights the growth potential of the global Module Level Power Electronics (MLPE) market. Module Level Power Electronics (MLPE) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Module Level Power Electronics (MLPE). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Module Level Power Electronics (MLPE) market.
Module Level Power Electronics (MPLE), is the collective term for AC microinverter and DC Power Optimiser solar systems.Direct current (DC) power optimizers and microinverters (together known as module-level power electronics, or MLPE) are one of the fastest growing market segments in the solar industry.
Global Module Level Power Electronics (MLPE) key players include Solar Edge, Enphase, Tigo/SMA, APSystems, i-Energy Co.,Ltd., etc. Global top five manufacturers hold a share above 95%. North America is the largest market, with a share above 60%, followed by Europe, with a share about 25 percent. In terms of product, microinverter is the largest segment, with a share above 60%. And in terms of application, the largest application is Residential,with a share above 85%.
Key Features:
The report on Module Level Power Electronics (MLPE) market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Module Level Power Electronics (MLPE) market. It may include historical data, market segmentation by Type (e.g., Power Optimizer, Microinverter), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Module Level Power Electronics (MLPE) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Module Level Power Electronics (MLPE) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Module Level Power Electronics (MLPE) industry. This include advancements in Module Level Power Electronics (MLPE) technology, Module Level Power Electronics (MLPE) new entrants, Module Level Power Electronics (MLPE) new investment, and other innovations that are shaping the future of Module Level Power Electronics (MLPE).
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Module Level Power Electronics (MLPE) market. It includes factors influencing customer ' purchasing decisions, preferences for Module Level Power Electronics (MLPE) product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Module Level Power Electronics (MLPE) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Module Level Power Electronics (MLPE) market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Module Level Power Electronics (MLPE) market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Module Level Power Electronics (MLPE) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Module Level Power Electronics (MLPE) market.
Market Segmentation:
Module Level Power Electronics (MLPE) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Power Optimizer
Microinverter
Segmentation by application
Residential
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Solar Edge
Enphase
Tigo/SMA
APSystems
i-Energy
Lead Solar
Chilicon
BM Solar
Sparq
Hoymiles
Ningbo Deye
NEP
Key Questions Addressed in this Report
What is the 10-year outlook for the global Module Level Power Electronics (MLPE) market?
What factors are driving Module Level Power Electronics (MLPE) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Module Level Power Electronics (MLPE) market opportunities vary by end market size?
How does Module Level Power Electronics (MLPE) break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Module Level Power Electronics (MLPE) Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Module Level Power Electronics (MLPE) by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Module Level Power Electronics (MLPE) by Country/Region, 2019, 2023 & 2030
2.2 Module Level Power Electronics (MLPE) Segment by Type
2.2.1 Power Optimizer
2.2.2 Microinverter
2.3 Module Level Power Electronics (MLPE) Sales by Type
2.3.1 Global Module Level Power Electronics (MLPE) Sales Market Share by Type (2019-2024)
2.3.2 Global Module Level Power Electronics (MLPE) Revenue and Market Share by Type (2019-2024)
2.3.3 Global Module Level Power Electronics (MLPE) Sale Price by Type (2019-2024)
2.4 Module Level Power Electronics (MLPE) Segment by Application
2.4.1 Residential
2.4.2 Commercial
2.5 Module Level Power Electronics (MLPE) Sales by Application
2.5.1 Global Module Level Power Electronics (MLPE) Sale Market Share by Application (2019-2024)
2.5.2 Global Module Level Power Electronics (MLPE) Revenue and Market Share by Application (2019-2024)
2.5.3 Global Module Level Power Electronics (MLPE) Sale Price by Application (2019-2024)
3 Global Module Level Power Electronics (MLPE) by Company
3.1 Global Module Level Power Electronics (MLPE) Breakdown Data by Company
3.1.1 Global Module Level Power Electronics (MLPE) Annual Sales by Company (2019-2024)
3.1.2 Global Module Level Power Electronics (MLPE) Sales Market Share by Company (2019-2024)
3.2 Global Module Level Power Electronics (MLPE) Annual Revenue by Company (2019-2024)
3.2.1 Global Module Level Power Electronics (MLPE) Revenue by Company (2019-2024)
3.2.2 Global Module Level Power Electronics (MLPE) Revenue Market Share by Company (2019-2024)
3.3 Global Module Level Power Electronics (MLPE) Sale Price by Company
3.4 Key Manufacturers Module Level Power Electronics (MLPE) Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Module Level Power Electronics (MLPE) Product Location Distribution
3.4.2 Players Module Level Power Electronics (MLPE) Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Module Level Power Electronics (MLPE) by Geographic Region
4.1 World Historic Module Level Power Electronics (MLPE) Market Size by Geographic Region (2019-2024)
4.1.1 Global Module Level Power Electronics (MLPE) Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Module Level Power Electronics (MLPE) Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Module Level Power Electronics (MLPE) Market Size by Country/Region (2019-2024)
4.2.1 Global Module Level Power Electronics (MLPE) Annual Sales by Country/Region (2019-2024)
4.2.2 Global Module Level Power Electronics (MLPE) Annual Revenue by Country/Region (2019-2024)
4.3 Americas Module Level Power Electronics (MLPE) Sales Growth
4.4 APAC Module Level Power Electronics (MLPE) Sales Growth
4.5 Europe Module Level Power Electronics (MLPE) Sales Growth
4.6 Middle East & Africa Module Level Power Electronics (MLPE) Sales Growth
5 Americas
5.1 Americas Module Level Power Electronics (MLPE) Sales by Country
5.1.1 Americas Module Level Power Electronics (MLPE) Sales by Country (2019-2024)
5.1.2 Americas Module Level Power Electronics (MLPE) Revenue by Country (2019-2024)
5.2 Americas Module Level Power Electronics (MLPE) Sales by Type
5.3 Americas Module Level Power Electronics (MLPE) Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Module Level Power Electronics (MLPE) Sales by Region
6.1.1 APAC Module Level Power Electronics (MLPE) Sales by Region (2019-2024)
6.1.2 APAC Module Level Power Electronics (MLPE) Revenue by Region (2019-2024)
6.2 APAC Module Level Power Electronics (MLPE) Sales by Type
6.3 APAC Module Level Power Electronics (MLPE) Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Module Level Power Electronics (MLPE) by Country
7.1.1 Europe Module Level Power Electronics (MLPE) Sales by Country (2019-2024)
7.1.2 Europe Module Level Power Electronics (MLPE) Revenue by Country (2019-2024)
7.2 Europe Module Level Power Electronics (MLPE) Sales by Type
7.3 Europe Module Level Power Electronics (MLPE) Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Module Level Power Electronics (MLPE) by Country
8.1.1 Middle East & Africa Module Level Power Electronics (MLPE) Sales by Country (2019-2024)
8.1.2 Middle East & Africa Module Level Power Electronics (MLPE) Revenue by Country (2019-2024)
8.2 Middle East & Africa Module Level Power Electronics (MLPE) Sales by Type
8.3 Middle East & Africa Module Level Power Electronics (MLPE) Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Module Level Power Electronics (MLPE)
10.3 Manufacturing Process Analysis of Module Level Power Electronics (MLPE)
10.4 Industry Chain Structure of Module Level Power Electronics (MLPE)
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Module Level Power Electronics (MLPE) Distributors
11.3 Module Level Power Electronics (MLPE) Customer
12 World Forecast Review for Module Level Power Electronics (MLPE) by Geographic Region
12.1 Global Module Level Power Electronics (MLPE) Market Size Forecast by Region
12.1.1 Global Module Level Power Electronics (MLPE) Forecast by Region (2025-2030)
12.1.2 Global Module Level Power Electronics (MLPE) Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Module Level Power Electronics (MLPE) Forecast by Type
12.7 Global Module Level Power Electronics (MLPE) Forecast by Application
13 Key Players Analysis
13.1 Solar Edge
13.1.1 Solar Edge Company Information
13.1.2 Solar Edge Module Level Power Electronics (MLPE) Product Portfolios and Specifications
13.1.3 Solar Edge Module Level Power Electronics (MLPE) Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Solar Edge Main Business Overview
13.1.5 Solar Edge Latest Developments
13.2 Enphase
13.2.1 Enphase Company Information
13.2.2 Enphase Module Level Power Electronics (MLPE) Product Portfolios and Specifications
13.2.3 Enphase Module Level Power Electronics (MLPE) Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Enphase Main Business Overview
13.2.5 Enphase Latest Developments
13.3 Tigo/SMA
13.3.1 Tigo/SMA Company Information
13.3.2 Tigo/SMA Module Level Power Electronics (MLPE) Product Portfolios and Specifications
13.3.3 Tigo/SMA Module Level Power Electronics (MLPE) Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Tigo/SMA Main Business Overview
13.3.5 Tigo/SMA Latest Developments
13.4 APSystems
13.4.1 APSystems Company Information
13.4.2 APSystems Module Level Power Electronics (MLPE) Product Portfolios and Specifications
13.4.3 APSystems Module Level Power Electronics (MLPE) Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 APSystems Main Business Overview
13.4.5 APSystems Latest Developments
13.5 i-Energy
13.5.1 i-Energy Company Information
13.5.2 i-Energy Module Level Power Electronics (MLPE) Product Portfolios and Specifications
13.5.3 i-Energy Module Level Power Electronics (MLPE) Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 i-Energy Main Business Overview
13.5.5 i-Energy Latest Developments
13.6 Lead Solar
13.6.1 Lead Solar Company Information
13.6.2 Lead Solar Module Level Power Electronics (MLPE) Product Portfolios and Specifications
13.6.3 Lead Solar Module Level Power Electronics (MLPE) Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Lead Solar Main Business Overview
13.6.5 Lead Solar Latest Developments
13.7 Chilicon
13.7.1 Chilicon Company Information
13.7.2 Chilicon Module Level Power Electronics (MLPE) Product Portfolios and Specifications
13.7.3 Chilicon Module Level Power Electronics (MLPE) Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Chilicon Main Business Overview
13.7.5 Chilicon Latest Developments
13.8 BM Solar
13.8.1 BM Solar Company Information
13.8.2 BM Solar Module Level Power Electronics (MLPE) Product Portfolios and Specifications
13.8.3 BM Solar Module Level Power Electronics (MLPE) Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 BM Solar Main Business Overview
13.8.5 BM Solar Latest Developments
13.9 Sparq
13.9.1 Sparq Company Information
13.9.2 Sparq Module Level Power Electronics (MLPE) Product Portfolios and Specifications
13.9.3 Sparq Module Level Power Electronics (MLPE) Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Sparq Main Business Overview
13.9.5 Sparq Latest Developments
13.10 Hoymiles
13.10.1 Hoymiles Company Information
13.10.2 Hoymiles Module Level Power Electronics (MLPE) Product Portfolios and Specifications
13.10.3 Hoymiles Module Level Power Electronics (MLPE) Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Hoymiles Main Business Overview
13.10.5 Hoymiles Latest Developments
13.11 Ningbo Deye
13.11.1 Ningbo Deye Company Information
13.11.2 Ningbo Deye Module Level Power Electronics (MLPE) Product Portfolios and Specifications
13.11.3 Ningbo Deye Module Level Power Electronics (MLPE) Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Ningbo Deye Main Business Overview
13.11.5 Ningbo Deye Latest Developments
13.12 NEP
13.12.1 NEP Company Information
13.12.2 NEP Module Level Power Electronics (MLPE) Product Portfolios and Specifications
13.12.3 NEP Module Level Power Electronics (MLPE) Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 NEP Main Business Overview
13.12.5 NEP Latest Developments
14 Research Findings and Conclusion
*If Applicable.