Press release
Module Level Power Electronics (MLPE) Market to 2025: Solar Edge, Enphase, Tigo/SMA, APSystems, i-Energy Co.,Ltd., Lead Solar, Chilicon, BM Solar
This report presents the worldwide Module Level Power Electronics (MLPE) market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Module Level Power Electronics (MPLE), is the collective term for AC microinverter and DC Power Optimiser solar systems.Direct current (DC) power optimizers and microinverters (together known as module-level power electronics, or MLPE) are one of the fastest growing market segments in the solar industry.
The Module Level Power Electronics (MLPE) consumption volume was 3056 M Watts in 2017 and is expected to reach 3556 M Watts in 2018 and 11411 M Watts in 2025, growing at a CAGR of 17.90% from 2017 to 2025. North America`s sales volume accounted for the highest market share (60.50%) in 2017, followed by the Europe and China.
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The Module Level Power Electronics (MLPE) are mainly used by Residential and Commercial Application. The dominated application of Module Level Power Electronics (MLPE) is Residential.
There are major two kinds of the Module Level Power Electronics (MLPE),includes Power Optimizer and Microinverter. The sales market share of Power Optimizer is 63.17% in 2017.
Despite the presence of competition problems, due to the increasing demand of leading-edge, effective, and convenient products, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep increasing, as well as the consumption value.
The Module Level Power Electronics (MLPE) market was valued at 640 Million US$ in 2017 and is projected to reach 1920 Million US$ by 2025, at a CAGR of 14.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Module Level Power Electronics (MLPE).
The following manufacturers are covered in this report:
Solar Edge
Enphase
Tigo/SMA
APSystems
i-Energy Co.,Ltd.
Lead Solar
Chilicon
BM Solar
Sparq
Module Level Power Electronics (MLPE) Breakdown Data by Type
Power Optimizer
Microinverter
Module Level Power Electronics (MLPE) Breakdown Data by Application
Residential
Commercial
Module Level Power Electronics (MLPE) Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Module Level Power Electronics (MLPE) Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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The study objectives are:
To analyze and research the global Module Level Power Electronics (MLPE) status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Module Level Power Electronics (MLPE) manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Module Level Power Electronics (MLPE) :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
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This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Module Level Power Electronics (MLPE) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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