The global Grid-connected Solar Micro Inverter market size is predicted to grow from US$ 1293 million in 2025 to US$ 2673 million in 2031; it is expected to grow at a CAGR of 12.9% from 2025 to 2031.

A grid-connected solar micro inverter is a specialized electronic device used in solar power systems. It is designed to convert the direct current (DC) electricity generated by individual solar panels into alternating current (AC) electricity. Unlike traditional string inverters that process the combined output of multiple solar panels, a micro inverter operates on a per-panel basis. Each solar panel is equipped with its own micro inverter, which enables independent operation of the panels. The generated AC electricity is then synchronized with the electrical grid in terms of voltage, frequency, and phase, allowing the solar power to be fed directly into the grid. This setup offers several advantages, including improved energy harvesting efficiency, enhanced system reliability as the failure of one panel does not affect the others, and easier installation and maintenance.

United States market for Grid-connected Solar Micro Inverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Grid-connected Solar Micro Inverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Grid-connected Solar Micro Inverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Grid-connected Solar Micro Inverter players cover Enphase, Altenergy Power System Inc. (AP Systems), Chilicon Power, Deye, Fronius International GmbH, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Grid-connected Solar Micro Inverter Industry Forecast” looks at past sales and reviews total world Grid-connected Solar Micro Inverter sales in 2024, providing a comprehensive analysis by region and market sector of projected Grid-connected Solar Micro Inverter sales for 2025 through 2031. With Grid-connected Solar Micro Inverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Grid-connected Solar Micro Inverter industry.

This Insight Report provides a comprehensive analysis of the global Grid-connected Solar Micro Inverter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Grid-connected Solar Micro Inverter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Grid-connected Solar Micro Inverter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Grid-connected Solar Micro Inverter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Grid-connected Solar Micro Inverter.

This report presents a comprehensive overview, market shares, and growth opportunities of Grid-connected Solar Micro Inverter market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Single Phase
    Three Phase

Segmentation by Application:

    Solar Roof
    Photovoltaic Balcony
    Small Power Station
    PV Communication System
    Others

This report also splits the market by region:

    Americas

        United States
        Canada
        Mexico
        Brazil

    APAC

        China
        Japan
        Korea
        Southeast Asia
        India
        Australia

    Europe

        Germany
        France
        UK
        Italy
        Russia

    Middle East & Africa

        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

    Enphase
    Altenergy Power System Inc. (AP Systems)
    Chilicon Power
    Deye
    Fronius International GmbH
    Hoymiles Power Electronics Inc.
    Siemens AG
    SolarEdge
    Sparq Systems
    Zhejiang Benyi New Energy
    Zhejiang HIITIO New Energy

Key Questions Addressed in this Report

What is the 10-year outlook for the global Grid-connected Solar Micro Inverter market?
What factors are driving Grid-connected Solar Micro Inverter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Grid-connected Solar Micro Inverter market opportunities vary by end market size?
How does Grid-connected Solar Micro Inverter break out by Type, by Application?