Asia Pacific solar microinverter market is expected to witness formidable growth during the forecast period. The Asia Pacific solar microinverter market is driven by growing demand for solar micro-inverters owing to their remote monitoring capabilities. Moreover, continuous technological innovations to enhance capabilities of solar microinverters, is further propelling the market growth. In addition to this, the benefits offered by solar microinverters over conventional solar inverter technologies, is creating lucrative growth opportunities in the market.

 

The Asia Pacific solar microinverter market is segmented based on type, connectivity, application, sales channel, company and country. Considering the application, the market is fragmented into residential, commercial, PV power plant. Out of these, the residential application segment dominated the market until 2019 and is expected to grow at the highest CAGR during the forecast period. This high growth can be attributed to the increasing support of the government in the region coupled with growing energy cost, which is leading to increased adoption of energy conservation measures in order to control the surging energy expenditure in residential applications. In addition to this, Australia is among the leading markets for residential rooftop PV installations, which have widely adopted micro-inverters over conventional inverters, thereby contributing to the growth of segment.

 

Major players operating in the Asia Pacific solar microinverter market include SMA, Darfon Electronics, ABB, APSytems, Chilicon Power, iEnergy, Enphase, NEP, SunPower, Enphase Energy and others. The market players are adopting some competitive strategies such as mergers & acquisitions, partnership, agreements in order to expand their geographic reach and to increase their customer bases.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

  • To analyze and estimate the market size of Asia Pacific solar microinverter market from 2015 to 2018.
  • To estimate and forecast the market size of Asia Pacific solar microinverter market from 2019 to 2025 and growth rate until 2025.
  • To classify and forecast Asia Pacific solar microinverter market based on type, connectivity, application, sales channel, company and country distribution.
  • To identify dominant region or segment in the Asia Pacific solar microinverter market.
  • To identify drivers and challenges for Asia Pacific solar microinverter market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Asia Pacific solar microinverter market.
  • To identify and analyze the profile of leading players operating in Asia Pacific solar microinverter market.
  • To identify key sustainable strategies adopted by market players in Asia Pacific solar microinverter market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the region. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the region.

TechSci Research calculated the market size of Asia Pacific solar microinverter market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Solar microinverter manufacturers, suppliers, distributors and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to solar microinverter
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Asia Pacific solar microinverter market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Asia Pacific Solar Microinverter Market, By Type:
    • Single Phase
    • Three Phase
  • Asia Pacific Solar Microinverter Market, By Connectivity:
    • Integrated
    • Standalone
  • Asia Pacific Solar Microinverter Market, By Application:
    • Residential
    • Commercial
    • PV Power Plant
  • Asia Pacific Solar Microinverter Market, By Sales Channel:
    • Direct
    • Indirect
  • Asia Pacific Solar Microinverter Market, By Country:
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Vietnam
    • Thailand
    • Philippines

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Asia Pacific solar microinverter market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Asia Pacific solar microinverter market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com  

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1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Asia Pacific Solar Microinverter Market

4.    Executive Summary

5.    Voice of Customer

6.    Asia Pacific Solar Microinverter Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Single Phase and Three Phase)

6.2.2.     By Connectivity (Integrated, Standalone)

6.2.3.     By Application (Residential, Commercial, PV Power Plant)

6.2.4.     By Sales Channel (Direct and Indirect)

6.2.5.     By Company

6.2.6.     By Country

6.3.  Product Market Map

6.4.  Asia Pacific: Country Analysis

6.4.1.     India Solar Microinverter Market Outlook

6.4.1.1.         Market Size & Forecast

6.4.1.1.1.             By Value

6.4.1.2.         Market Share & Forecast

6.4.1.2.1.             By Type

6.4.1.2.2.             By Connectivity

6.4.1.2.3.             By Application

6.4.1.2.4.             By Sales Channel

6.4.2.     China Solar Microinverter Market Outlook

6.4.2.1.         Market Size & Forecast

6.4.2.1.1.             By Value

6.4.2.2.         Market Share & Forecast

6.4.2.2.1.             By Type

6.4.2.2.2.             By Connectivity

6.4.2.2.3.             By Application

6.4.2.2.4.             By Sales Channel

6.4.3.     Japan Solar Microinverter Market Outlook

6.4.3.1.         Market Size & Forecast

6.4.3.1.1.             By Value

6.4.3.2.         Market Share & Forecast

6.4.3.2.1.             By Type

6.4.3.2.2.             By Connectivity

6.4.3.2.3.             By Application

6.4.3.2.4.             By Sales Channel

6.4.4.     South Korea Solar Microinverter Market Outlook

6.4.4.1.         Market Size & Forecast

6.4.4.1.1.             By Value

6.4.4.2.         Market Share & Forecast

6.4.4.2.1.             By Type

6.4.4.2.2.             By Connectivity

6.4.4.2.3.             By Application

6.4.4.2.4.             By Sales Channel

6.4.5.     Australia Solar Microinverter Market Outlook

6.4.5.1.         Market Size & Forecast

6.4.5.1.1.             By Value

6.4.5.2.         Market Share & Forecast

6.4.5.2.1.             By Type

6.4.5.2.2.             By Connectivity

6.4.5.2.3.             By Application

6.4.5.2.4.             By Sales Channel

6.4.6.     Singapore Solar Microinverter Market Outlook

6.4.6.1.         Market Size & Forecast

6.4.6.1.1.             By Value

6.4.6.2.         Market Share & Forecast

6.4.6.2.1.             By Type

6.4.6.2.2.             By Connectivity

6.4.6.2.3.             By Application

6.4.6.2.4.             By Sales Channel

6.4.7.     Malaysia Solar Microinverter Market Outlook

6.4.7.1.         Market Size & Forecast

6.4.7.1.1.             By Value

6.4.7.2.         Market Share & Forecast

6.4.7.2.1.             By Type

6.4.7.2.2.             By Connectivity

6.4.7.2.3.             By Application

6.4.7.2.4.             By Sales Channel

6.4.8.     Vietnam Solar Microinverter Market Outlook

6.4.8.1.         Market Size & Forecast

6.4.8.1.1.             By Value

6.4.8.2.         Market Share & Forecast

6.4.8.2.1.             By Type

6.4.8.2.2.             By Connectivity

6.4.8.2.3.             By Application

6.4.8.2.4.             By Sales Channel

6.4.9.     Thailand Solar Microinverter Market Outlook

6.4.9.1.         Market Size & Forecast

6.4.9.1.1.             By Value

6.4.9.2.         Market Share & Forecast

6.4.9.2.1.             By Type

6.4.9.2.2.             By Connectivity

6.4.9.2.3.             By Application

6.4.9.2.4.             By Sales Channel

6.4.10.  Philippines Solar Microinverter Market Outlook

6.4.10.1.      Market Size & Forecast

6.4.10.1.1.           By Value

6.4.10.2.      Market Share & Forecast

6.4.10.2.1.           By Type

6.4.10.2.2.           By Connectivity

6.4.10.2.3.           By Application

6.4.10.2.4.           By Sales Channel

7.    Market Dynamics

7.1.  Drivers

7.2.  Challenges

8.    Market Trends & Developments

9.    Competitive Landscape

9.1.1.     Enphase Energy

9.1.2.     Altenergy Power System

9.1.3.     Chilicon Power

9.1.4.     SunPower

9.1.5.     Siemens

9.1.6.     Envertech

9.1.7.     ReneSola

9.1.8.     Darfon Electronics

9.1.9.     AEconversion

9.1.10.  ABB

10.  Strategic Recommendations

11. About Us & Disclaimer

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