According to our (Global Info Research) latest study, the global Component Level Inverter market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
Module-level inverters, also known as "micro-inverters", are mainly used in distributed photovoltaic power generation scenarios where the scale of power generation is much smaller, and work by individually tracking the maximum power point of a few or even each photovoltaic module, which is then inverted and connected to the grid.
This report is a detailed and comprehensive analysis for global Component Level Inverter market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Component Level Inverter market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/W), 2020-2031
Global Component Level Inverter market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/W), 2020-2031
Global Component Level Inverter market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/W), 2020-2031
Global Component Level Inverter market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (US$/W), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Component Level Inverter
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Component Level Inverter market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Enphase Energy, ABB Group, SunPower, SMA Solar Technology, Delta Energy Systems, SolarEdge Technologies, ReneSola, Siemens, P&P Energy Technology, Involar, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Component Level Inverter market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Single Phase
Three Phase
Market segment by Application
Residential
Commercial
Public Utilities
Major players covered
Enphase Energy
ABB Group
SunPower
SMA Solar Technology
Delta Energy Systems
SolarEdge Technologies
ReneSola
Siemens
P&P Energy Technology
Involar
Alencon Systems
Delta Energy
Altenergy Power
Ampt
Array Power
Chilicon Power
i-Energy
KACO New Energy
Petra Systems
Solantro
Sparq Systems
Tigo Energy
Yuneng Technology Co., Ltd.
Hoymiles Power Electronics Inc.
Ningbo Deye Technology Co., Ltd.
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Component Level Inverter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Component Level Inverter, with price, sales quantity, revenue, and global market share of Component Level Inverter from 2020 to 2025.
Chapter 3, the Component Level Inverter competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Component Level Inverter breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Component Level Inverter market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Component Level Inverter.
Chapter 14 and 15, to describe Component Level Inverter sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Component Level Inverter. Industry analysis & Market Report on Component Level Inverter is a syndicated market report, published as Global Component Level Inverter Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Component Level Inverter market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.