The global Grid-Off Solar Microinverter market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.253 GW.
This report aims to provide a comprehensive presentation of the global market for Grid-Off Solar Microinverter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Grid-Off Solar Microinverter.
Report Scope
The Grid-Off Solar Microinverter market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Grid-Off Solar Microinverter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Grid-Off Solar Microinverter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB Asea Brown Boveri Ltd.
Chilicon Power
Enphase Energy Inc.
Altenergy Power System Inc.
SunPower Corporation
Darfon Electronics Corporation
Siemens AG
Delta Energy Systems GmbH
Alencon Systems LLC
ReneSola L
Segment by Type
Single Phase Inverter
Three-Phase Inverter
Segment by Application
Home
Commercial
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Grid-Off Solar Microinverter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Grid-Off Solar Microinverter by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Grid-Off Solar Microinverter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Grid-Off Solar Microinverter Market Overview
1.1 Product Definition
1.2 Grid-Off Solar Microinverter Segment by Type
1.2.1 Global Grid-Off Solar Microinverter Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Single Phase Inverter
1.2.3 Three-Phase Inverter
1.3 Grid-Off Solar Microinverter Segment by Application
1.3.1 Global Grid-Off Solar Microinverter Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Home
1.3.3 Commercial
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Grid-Off Solar Microinverter Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Grid-Off Solar Microinverter Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Grid-Off Solar Microinverter Production Estimates and Forecasts (2019-2030)
1.4.4 Global Grid-Off Solar Microinverter Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Grid-Off Solar Microinverter Production Market Share by Manufacturers (2019-2024)
2.2 Global Grid-Off Solar Microinverter Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Grid-Off Solar Microinverter, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Grid-Off Solar Microinverter Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Grid-Off Solar Microinverter Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Grid-Off Solar Microinverter, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Grid-Off Solar Microinverter, Product Offered and Application
2.8 Global Key Manufacturers of Grid-Off Solar Microinverter, Date of Enter into This Industry
2.9 Grid-Off Solar Microinverter Market Competitive Situation and Trends
2.9.1 Grid-Off Solar Microinverter Market Concentration Rate
2.9.2 Global 5 and 10 Largest Grid-Off Solar Microinverter Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Grid-Off Solar Microinverter Production by Region
3.1 Global Grid-Off Solar Microinverter Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Grid-Off Solar Microinverter Production Value by Region (2019-2030)
3.2.1 Global Grid-Off Solar Microinverter Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Grid-Off Solar Microinverter by Region (2025-2030)
3.3 Global Grid-Off Solar Microinverter Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Grid-Off Solar Microinverter Production by Region (2019-2030)
3.4.1 Global Grid-Off Solar Microinverter Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Grid-Off Solar Microinverter by Region (2025-2030)
3.5 Global Grid-Off Solar Microinverter Market Price Analysis by Region (2019-2024)
3.6 Global Grid-Off Solar Microinverter Production and Value, Year-over-Year Growth
3.6.1 North America Grid-Off Solar Microinverter Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Grid-Off Solar Microinverter Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Grid-Off Solar Microinverter Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Grid-Off Solar Microinverter Production Value Estimates and Forecasts (2019-2030)
4 Grid-Off Solar Microinverter Consumption by Region
4.1 Global Grid-Off Solar Microinverter Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Grid-Off Solar Microinverter Consumption by Region (2019-2030)
4.2.1 Global Grid-Off Solar Microinverter Consumption by Region (2019-2024)
4.2.2 Global Grid-Off Solar Microinverter Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Grid-Off Solar Microinverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Grid-Off Solar Microinverter Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Grid-Off Solar Microinverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Grid-Off Solar Microinverter Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Grid-Off Solar Microinverter Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Grid-Off Solar Microinverter Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Grid-Off Solar Microinverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Grid-Off Solar Microinverter Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Grid-Off Solar Microinverter Production by Type (2019-2030)
5.1.1 Global Grid-Off Solar Microinverter Production by Type (2019-2024)
5.1.2 Global Grid-Off Solar Microinverter Production by Type (2025-2030)
5.1.3 Global Grid-Off Solar Microinverter Production Market Share by Type (2019-2030)
5.2 Global Grid-Off Solar Microinverter Production Value by Type (2019-2030)
5.2.1 Global Grid-Off Solar Microinverter Production Value by Type (2019-2024)
5.2.2 Global Grid-Off Solar Microinverter Production Value by Type (2025-2030)
5.2.3 Global Grid-Off Solar Microinverter Production Value Market Share by Type (2019-2030)
5.3 Global Grid-Off Solar Microinverter Price by Type (2019-2030)
6 Segment by Application
6.1 Global Grid-Off Solar Microinverter Production by Application (2019-2030)
6.1.1 Global Grid-Off Solar Microinverter Production by Application (2019-2024)
6.1.2 Global Grid-Off Solar Microinverter Production by Application (2025-2030)
6.1.3 Global Grid-Off Solar Microinverter Production Market Share by Application (2019-2030)
6.2 Global Grid-Off Solar Microinverter Production Value by Application (2019-2030)
6.2.1 Global Grid-Off Solar Microinverter Production Value by Application (2019-2024)
6.2.2 Global Grid-Off Solar Microinverter Production Value by Application (2025-2030)
6.2.3 Global Grid-Off Solar Microinverter Production Value Market Share by Application (2019-2030)
6.3 Global Grid-Off Solar Microinverter Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB Asea Brown Boveri Ltd.
7.1.1 ABB Asea Brown Boveri Ltd. Grid-Off Solar Microinverter Corporation Information
7.1.2 ABB Asea Brown Boveri Ltd. Grid-Off Solar Microinverter Product Portfolio
7.1.3 ABB Asea Brown Boveri Ltd. Grid-Off Solar Microinverter Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Asea Brown Boveri Ltd. Main Business and Markets Served
7.1.5 ABB Asea Brown Boveri Ltd. Recent Developments/Updates
7.2 Chilicon Power
7.2.1 Chilicon Power Grid-Off Solar Microinverter Corporation Information
7.2.2 Chilicon Power Grid-Off Solar Microinverter Product Portfolio
7.2.3 Chilicon Power Grid-Off Solar Microinverter Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Chilicon Power Main Business and Markets Served
7.2.5 Chilicon Power Recent Developments/Updates
7.3 Enphase Energy Inc.
7.3.1 Enphase Energy Inc. Grid-Off Solar Microinverter Corporation Information
7.3.2 Enphase Energy Inc. Grid-Off Solar Microinverter Product Portfolio
7.3.3 Enphase Energy Inc. Grid-Off Solar Microinverter Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Enphase Energy Inc. Main Business and Markets Served
7.3.5 Enphase Energy Inc. Recent Developments/Updates
7.4 Altenergy Power System Inc.
7.4.1 Altenergy Power System Inc. Grid-Off Solar Microinverter Corporation Information
7.4.2 Altenergy Power System Inc. Grid-Off Solar Microinverter Product Portfolio
7.4.3 Altenergy Power System Inc. Grid-Off Solar Microinverter Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Altenergy Power System Inc. Main Business and Markets Served
7.4.5 Altenergy Power System Inc. Recent Developments/Updates
7.5 SunPower Corporation
7.5.1 SunPower Corporation Grid-Off Solar Microinverter Corporation Information
7.5.2 SunPower Corporation Grid-Off Solar Microinverter Product Portfolio
7.5.3 SunPower Corporation Grid-Off Solar Microinverter Production, Value, Price and Gross Margin (2019-2024)
7.5.4 SunPower Corporation Main Business and Markets Served
7.5.5 SunPower Corporation Recent Developments/Updates
7.6 Darfon Electronics Corporation
7.6.1 Darfon Electronics Corporation Grid-Off Solar Microinverter Corporation Information
7.6.2 Darfon Electronics Corporation Grid-Off Solar Microinverter Product Portfolio
7.6.3 Darfon Electronics Corporation Grid-Off Solar Microinverter Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Darfon Electronics Corporation Main Business and Markets Served
7.6.5 Darfon Electronics Corporation Recent Developments/Updates
7.7 Siemens AG
7.7.1 Siemens AG Grid-Off Solar Microinverter Corporation Information
7.7.2 Siemens AG Grid-Off Solar Microinverter Product Portfolio
7.7.3 Siemens AG Grid-Off Solar Microinverter Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Siemens AG Main Business and Markets Served
7.7.5 Siemens AG Recent Developments/Updates
7.8 Delta Energy Systems GmbH
7.8.1 Delta Energy Systems GmbH Grid-Off Solar Microinverter Corporation Information
7.8.2 Delta Energy Systems GmbH Grid-Off Solar Microinverter Product Portfolio
7.8.3 Delta Energy Systems GmbH Grid-Off Solar Microinverter Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Delta Energy Systems GmbH Main Business and Markets Served
7.7.5 Delta Energy Systems GmbH Recent Developments/Updates
7.9 Alencon Systems LLC
7.9.1 Alencon Systems LLC Grid-Off Solar Microinverter Corporation Information
7.9.2 Alencon Systems LLC Grid-Off Solar Microinverter Product Portfolio
7.9.3 Alencon Systems LLC Grid-Off Solar Microinverter Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Alencon Systems LLC Main Business and Markets Served
7.9.5 Alencon Systems LLC Recent Developments/Updates
7.10 ReneSola L
7.10.1 ReneSola L Grid-Off Solar Microinverter Corporation Information
7.10.2 ReneSola L Grid-Off Solar Microinverter Product Portfolio
7.10.3 ReneSola L Grid-Off Solar Microinverter Production, Value, Price and Gross Margin (2019-2024)
7.10.4 ReneSola L Main Business and Markets Served
7.10.5 ReneSola L Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Grid-Off Solar Microinverter Industry Chain Analysis
8.2 Grid-Off Solar Microinverter Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Grid-Off Solar Microinverter Production Mode & Process
8.4 Grid-Off Solar Microinverter Sales and Marketing
8.4.1 Grid-Off Solar Microinverter Sales Channels
8.4.2 Grid-Off Solar Microinverter Distributors
8.5 Grid-Off Solar Microinverter Customers
9 Grid-Off Solar Microinverter Market Dynamics
9.1 Grid-Off Solar Microinverter Industry Trends
9.2 Grid-Off Solar Microinverter Market Drivers
9.3 Grid-Off Solar Microinverter Market Challenges
9.4 Grid-Off Solar Microinverter Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
ABB Asea Brown Boveri Ltd.
Chilicon Power
Enphase Energy Inc.
Altenergy Power System Inc.
SunPower Corporation
Darfon Electronics Corporation
Siemens AG
Delta Energy Systems GmbH
Alencon Systems LLC
ReneSola L
*If Applicable.