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Europe Micro Inverter Market Size, Share & Industry Trends Analysis Report By Type (Single phase and Three phase), By Connection (Grid Connected and Stand Alone), By End User, By Country and Growth Forecast, 2022 - 2028

Published Date : 31-May-2022

Pages: 81

Formats: PDF

The Europe Micro Inverter Market would witness market growth of 17.3% CAGR during the forecast period (2022-2028).

Micro inverters used to just have one port, allowing only one panel to be attached at a time. This means the user needs twice as numerous micro inverters as panels, resulting in a significant increase in system prices. With quad-port micro inverter and new dual, users can get the same production benefits as before but with more MPPT ports, allowing the user to connect up to 4 panels to the same micro inverter.

The sunlight would be distributed disproportionately over the entire system when solar PV systems are designed on complicated or multi-directional rooftops. String inverters would result in a significant reduction in energy harvested since each panel would be unable to operate adequately due to only having one MPPT. Each panel will be able to regulate its own voltage using micro inverters, ensuring that it is producing the highest amount of power feasible.

The European region is already well established in micro electronic technologies and heavily investing in activities that can significantly reduce the cost of manufacturing a micro inverter and enhance the overall performance of the electronic device. The European semiconductor industry is centered in Germany. Over the value chain, the country has an unrivaled density of world-leading device suppliers and manufacturers for materials, components, and equipment. There are numerous and diverse investment options available, ranging from design and manufacturing to applications.

Industrial electronics is Germany's second-largest microelectronics segment, accounting for over 24% of the country's semiconductor industry. Strong growth rates, owing to a diverse domestic and foreign industrial base, have helped Germany maintain its position as the world's technical development leader. Automation, building technology, and electronic payment systems have traditionally been the major segments.

The Germany market dominated the Europe Micro Inverter Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $438.4 million by 2028. The UK market is poised to grow at a CAGR of 16.3% during (2022 - 2028). Additionally, The France market would display a CAGR of 18.1% during (2022 - 2028).

Based on Type, the market is segmented into Single phase and Three phase. Based on Connection, the market is segmented into Grid Connected and Stand Alone. Based on End User, the market is segmented into Residential and Commercial. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global Micro Inverter Market will Hit $7.4 Billion by 2028, at a CAGR of 17.8%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Delta Electronics, Inc., STMicroelectronics N.V., Texas Instruments, Inc., Sensata Technologies Holdings PLC, Darfon Electronics Corporation, Enphase Energy, Inc., Sparq Systems Inc., Fimer S.p.A., and SolarEdge Technologies, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Type

  • Single phase
  • Three phase

By Connection

  • Grid Connected
  • Stand Alone

By End User

  • Residential
  • Commercial

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

  • Siemens AG
  • Delta Electronics, Inc.
  • STMicroelectronics N.V.
  • Texas Instruments, Inc.
  • Sensata Technologies Holdings PLC
  • Darfon Electronics Corporation
  • Enphase Energy, Inc.
  • Sparq Systems Inc.
  • Fimer S.p.A.
  • SolarEdge Technologies, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Micro Inverter Market, by Type
1.4.2 Europe Micro Inverter Market, by Connection
1.4.3 Europe Micro Inverter Market, by End User
1.4.4 Europe Micro Inverter Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Product Launches and Product Expansions
3.2.2 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Mar – 2021, Dec) Leading Players

Chapter 4. Europe Micro Inverter Market by Type
4.1 Europe Single phase Market by Country
4.2 Europe Three phase Market by Country

Chapter 5. Europe Micro Inverter Market by Connection
5.1 Europe Grid Connected Market by Country
5.2 Europe Stand Alone Market by Country

Chapter 6. Europe Micro Inverter Market by End User
6.1 Europe Residential Market by Country
6.2 Europe Commercial Market by Country

Chapter 7. Europe Micro Inverter Market by Country
7.1 Germany Micro Inverter Market
7.1.1 Germany Micro Inverter Market by Type
7.1.2 Germany Micro Inverter Market by Connection
7.1.3 Germany Micro Inverter Market by End User
7.2 UK Micro Inverter Market
7.2.1 UK Micro Inverter Market by Type
7.2.2 UK Micro Inverter Market by Connection
7.2.3 UK Micro Inverter Market by End User
7.3 France Micro Inverter Market
7.3.1 France Micro Inverter Market by Type
7.3.2 France Micro Inverter Market by Connection
7.3.3 France Micro Inverter Market by End User
7.4 Russia Micro Inverter Market
7.4.1 Russia Micro Inverter Market by Type
7.4.2 Russia Micro Inverter Market by Connection
7.4.3 Russia Micro Inverter Market by End User
7.5 Spain Micro Inverter Market
7.5.1 Spain Micro Inverter Market by Type
7.5.2 Spain Micro Inverter Market by Connection
7.5.3 Spain Micro Inverter Market by End User
7.6 Italy Micro Inverter Market
7.6.1 Italy Micro Inverter Market by Type
7.6.2 Italy Micro Inverter Market by Connection
7.6.3 Italy Micro Inverter Market by End User
7.7 Rest of Europe Micro Inverter Market
7.7.1 Rest of Europe Micro Inverter Market by Type
7.7.2 Rest of Europe Micro Inverter Market by Connection
7.7.3 Rest of Europe Micro Inverter Market by End User

Chapter 8. Company Profiles
8.1 Siemens AG
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.2 Delta Electronics, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.3 STMicroelectronics N.V.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Texas Instruments, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Sensata Technologies Holdings PLC
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.6 Darfon Electronics Corporation
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Product Launches and Product Expansions:
8.7 Enphase Energy, Inc.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.8 Sparq Systems Inc.
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Product Launches and Product Expansions:
8.9 Fimer S.p.A.
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Product Launches and Product Expansions:
8.9.2.2 Acquisition and Mergers:
8.10. SolarEdge Technologies, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Product Launches and Product Expansions:
TABLE 1 Europe Micro Inverter Market, 2018 - 2021, USD Million
TABLE 2 Europe Micro Inverter Market, 2022 - 2028, USD Million
TABLE 3 Product Launches And Product Expansions– Micro Inverter Market
TABLE 4 Acquisition and Mergers– Micro Inverter Market
TABLE 5 Europe Micro Inverter Market by Type, 2018 - 2021, USD Million
TABLE 6 Europe Micro Inverter Market by Type, 2022 - 2028, USD Million
TABLE 7 Europe Single phase Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Single phase Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Three phase Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Three phase Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Micro Inverter Market by Connection, 2018 - 2021, USD Million
TABLE 12 Europe Micro Inverter Market by Connection, 2022 - 2028, USD Million
TABLE 13 Europe Grid Connected Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Grid Connected Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Stand Alone Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Stand Alone Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Micro Inverter Market by End User, 2018 - 2021, USD Million
TABLE 18 Europe Micro Inverter Market by End User, 2022 - 2028, USD Million
TABLE 19 Europe Residential Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Residential Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Commercial Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Commercial Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Micro Inverter Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Micro Inverter Market by Country, 2022 - 2028, USD Million
TABLE 25 Germany Micro Inverter Market, 2018 - 2021, USD Million
TABLE 26 Germany Micro Inverter Market, 2022 - 2028, USD Million
TABLE 27 Germany Micro Inverter Market by Type, 2018 - 2021, USD Million
TABLE 28 Germany Micro Inverter Market by Type, 2022 - 2028, USD Million
TABLE 29 Germany Micro Inverter Market by Connection, 2018 - 2021, USD Million
TABLE 30 Germany Micro Inverter Market by Connection, 2022 - 2028, USD Million
TABLE 31 Germany Micro Inverter Market by End User, 2018 - 2021, USD Million
TABLE 32 Germany Micro Inverter Market by End User, 2022 - 2028, USD Million
TABLE 33 UK Micro Inverter Market, 2018 - 2021, USD Million
TABLE 34 UK Micro Inverter Market, 2022 - 2028, USD Million
TABLE 35 UK Micro Inverter Market by Type, 2018 - 2021, USD Million
TABLE 36 UK Micro Inverter Market by Type, 2022 - 2028, USD Million
TABLE 37 UK Micro Inverter Market by Connection, 2018 - 2021, USD Million
TABLE 38 UK Micro Inverter Market by Connection, 2022 - 2028, USD Million
TABLE 39 UK Micro Inverter Market by End User, 2018 - 2021, USD Million
TABLE 40 UK Micro Inverter Market by End User, 2022 - 2028, USD Million
TABLE 41 France Micro Inverter Market, 2018 - 2021, USD Million
TABLE 42 France Micro Inverter Market, 2022 - 2028, USD Million
TABLE 43 France Micro Inverter Market by Type, 2018 - 2021, USD Million
TABLE 44 France Micro Inverter Market by Type, 2022 - 2028, USD Million
TABLE 45 France Micro Inverter Market by Connection, 2018 - 2021, USD Million
TABLE 46 France Micro Inverter Market by Connection, 2022 - 2028, USD Million
TABLE 47 France Micro Inverter Market by End User, 2018 - 2021, USD Million
TABLE 48 France Micro Inverter Market by End User, 2022 - 2028, USD Million
TABLE 49 Russia Micro Inverter Market, 2018 - 2021, USD Million
TABLE 50 Russia Micro Inverter Market, 2022 - 2028, USD Million
TABLE 51 Russia Micro Inverter Market by Type, 2018 - 2021, USD Million
TABLE 52 Russia Micro Inverter Market by Type, 2022 - 2028, USD Million
TABLE 53 Russia Micro Inverter Market by Connection, 2018 - 2021, USD Million
TABLE 54 Russia Micro Inverter Market by Connection, 2022 - 2028, USD Million
TABLE 55 Russia Micro Inverter Market by End User, 2018 - 2021, USD Million
TABLE 56 Russia Micro Inverter Market by End User, 2022 - 2028, USD Million
TABLE 57 Spain Micro Inverter Market, 2018 - 2021, USD Million
TABLE 58 Spain Micro Inverter Market, 2022 - 2028, USD Million
TABLE 59 Spain Micro Inverter Market by Type, 2018 - 2021, USD Million
TABLE 60 Spain Micro Inverter Market by Type, 2022 - 2028, USD Million
TABLE 61 Spain Micro Inverter Market by Connection, 2018 - 2021, USD Million
TABLE 62 Spain Micro Inverter Market by Connection, 2022 - 2028, USD Million
TABLE 63 Spain Micro Inverter Market by End User, 2018 - 2021, USD Million
TABLE 64 Spain Micro Inverter Market by End User, 2022 - 2028, USD Million
TABLE 65 Italy Micro Inverter Market, 2018 - 2021, USD Million
TABLE 66 Italy Micro Inverter Market, 2022 - 2028, USD Million
TABLE 67 Italy Micro Inverter Market by Type, 2018 - 2021, USD Million
TABLE 68 Italy Micro Inverter Market by Type, 2022 - 2028, USD Million
TABLE 69 Italy Micro Inverter Market by Connection, 2018 - 2021, USD Million
TABLE 70 Italy Micro Inverter Market by Connection, 2022 - 2028, USD Million
TABLE 71 Italy Micro Inverter Market by End User, 2018 - 2021, USD Million
TABLE 72 Italy Micro Inverter Market by End User, 2022 - 2028, USD Million
TABLE 73 Rest of Europe Micro Inverter Market, 2018 - 2021, USD Million
TABLE 74 Rest of Europe Micro Inverter Market, 2022 - 2028, USD Million
TABLE 75 Rest of Europe Micro Inverter Market by Type, 2018 - 2021, USD Million
TABLE 76 Rest of Europe Micro Inverter Market by Type, 2022 - 2028, USD Million
TABLE 77 Rest of Europe Micro Inverter Market by Connection, 2018 - 2021, USD Million
TABLE 78 Rest of Europe Micro Inverter Market by Connection, 2022 - 2028, USD Million
TABLE 79 Rest of Europe Micro Inverter Market by End User, 2018 - 2021, USD Million
TABLE 80 Rest of Europe Micro Inverter Market by End User, 2022 - 2028, USD Million
TABLE 81 Key Information – Siemens AG
TABLE 82 Key Information – Delta Electronics, Inc.
TABLE 83 Key Information – STMicroelectronics N.V.
TABLE 84 Key Information – Texas Instruments, Inc.
TABLE 85 Key Information – Sensata Technologies Holdings PLC
TABLE 86 Key Information – Darfon Electronics Corporation
TABLE 87 Key information – Enphase Energy, Inc.
TABLE 88 Key Information – Sparq Systems Inc.
TABLE 89 key information – Fimer S.p.A.
TABLE 90 Key information – SolarEdge Technologies, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Mar – 2021, dec) Leading Players
FIG 5 Swot analysis: stmicroelectronics n.v.
FIG 6 SWOT Analysis: Texas Instruments, Inc.
FIG 7 Recent strategies and developments: Fimer S.p.A.

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