United States Solar Microinverter Market By Type (Single Phase and Three Phase), By Connectivity (Integrated, Standalone), By Application (Residential, Commercial, PV Power Plant), By Sales Channel (Direct and Indirect), By Region, Forecast & Opportunities, 2027

United States solar microinverter market is expected to grow at a formidable rate during the forecast period. The United States solar microinverter market is driven by significant reduction in the costs of microinverters. Moreover, on account of its compact size as well as versatility, the solar micro inverter market is expected to receive enormous boost during the next five years. Additionally, surging installations of solar products such as solar panels, is further bolstering the market growth in the country. However, growing adoption of DC optimizer is expected to hinder the United States solar micro inverter market growth over the forecast period.

The United States solar microinverter market is segmented based on type, connectivity, application, sales channel, company and region. In terms of connectivity, the market is segmented into integrated and standalone. Among them, integrated connectivity segment occupied the leading share in United States solar micro inverter market until 2021 and is estimated to maintain its lead during the coming years as well specifically due to their cost-effectiveness and ease of installation. Based on type, the single-phase segment is expected to hold the largest size of the market, during the forecast period. This can be attributed to the fact that single-phase technology allows the system to have a compact size, that is well suitable for residential and commercial applications.

Major players operating in the United States solar microinverter market include Enphase Energy, Altenergy Power System, Chilicon Power, SunPower, Siemens, Envertech , ReneSola, Darfon Electronicsl, AEconversion , ABB and others. The key market players are adopting some competitive strategies such as mergers & acquisitions, partnership, agreements, new product developments in order to expand their geographic reach and to increase their customer basis.

Objective of the Study

• To analyze and estimate the market size of United States solar microinverter market from 2017 to 2020.
• To estimate and forecast the market size of United States solar microinverter market from 2021 to 2027 and growth rate until 2027.
• To classify and forecast United States solar microinverter market based on type, connectivity, application, sales channel, company and regional distribution.
• To identify dominant region or segment in the United States solar microinverter market.
• To identify drivers and challenges for United States solar microinverter market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States solar microinverter market.
• To identify and analyze the profile of leading players operating in United States solar microinverter market.
• To identify key sustainable strategies adopted by market players in United States solar microinverter market.

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

Market insights research calculated the market size of

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.