Press release
Micro-inverter Market is Projected to Reach USD 34.5 Billion in 2035
Micro-inverter Market is Projected to Reach USD 34.5 Billion in 2035
MarketGenics, a leading authority in renewable energy research, announced new insights into the rapidly expanding Global Micro-inverter Market, highlighting breakthroughs in solar module integration, smart monitoring, and distributed energy applications.
The market insights emphasize innovation, reliability, and the role of micro-inverters in accelerating decentralized solar adoption across residential, commercial, and industrial applications.
Get the complete market breakdown - statistics, insights, and future outlook: https://marketgenics.co/reports/micro-inverter-market-60207
Recent Investment
Enphase Energy, under CEO Badri Kothandaraman, announced in May 2025 that it had shipped over 6.5 million IQ microinverters and 50 MWh of IQ batteries from U.S. contract facilities, aligning with Build America/Buy America programs to secure federal tax credit eligibility.
Partnership
In March 2024, Enphase Energy partnered with BayWa r.e., ensuring optimized deployment of its IQ8 series micro-inverters integrated with energy storage, strengthening its footprint in distributed solar solutions.
Green Energy Initiative
Hoymiles unveiled its MiT 8-in-1, 5000 W micro-inverter at SNEC PV Expo 2024 in Shanghai, a high-output system designed for large-scale solar projects - boosting efficiency, reliability, and longevity of distributed solar generation.
Micro-inverter Market Forecast 2035
According to the report, the global Micro-inverter Market is projected to grow from USD 4.7 Billion in 2025 to USD 34.5 Billion in 2035, registering a CAGR of 19.8%.
Asia Pacific leads the market, accounting for 62.3% share (USD 2.9 Billion in 2025), driven by rapid rooftop solar adoption, government subsidies, and net-metering programs.
North America and Europe remain strong growth regions, supported by favorable policies, Build America programs, and residential solar momentum.
The wired communication segment, with a market share of 78% in 2025, dominates due to its proven reliability, low latency, and secure monitoring capabilities - critical for large-scale residential and commercial installations.
To know more about the Micro-inverter Market - Download our Sample Report: https://marketgenics.co/download-report-sample/micro-inverter-market-60207
Key Driver, Restraint, and Growth Opportunity Shaping the Global Micro-inverter Market
Driver: Rising adoption of high-efficiency residential solar systems, with Enphase's IQ8P (480 W AC output) boosting module compatibility and long-term warranties in Europe.
Restraint: High upfront costs and installation complexity compared to string inverters remain barriers, especially for large-scale utility projects in cost-sensitive regions.
Opportunity: Expanding energy storage integration - micro-inverters paired with batteries offer grid resiliency, energy independence, and higher self-consumption.
Expansion of Global Micro-inverter Market
"Residential and Distributed Solar Systems Leading Micro-inverter Adoption Worldwide"
Residential Sector: Strong growth from rooftop installations, balcony solar systems, and DIY solar kits. APsystems' EZHI hybrid micro-inverter (2024) reflects growing consumer demand.
Commercial & Industrial Sector: Warehouses, SMEs, and manufacturing facilities increasingly integrate micro-inverters for reliability and zero-emission operations.
Utility & Community Solar: Rapid adoption in Asia Pacific, with governments in China, India, and Australia promoting large-scale deployment of micro-inverter-enabled solar.
Get a preview of our Micro-inverter Market Playbook - your guide to GTM strategy, competitive intelligence, supplier dynamics, and patient behavior trends: https://marketgenics.co/press-releases/micro-inverter-market-60207
Regional Analysis of Global Micro-inverter Market
Asia Pacific: Dominates the market, led by China, India, Japan, and Australia. Strong policy support and rapid electrification drive adoption.
North America: Growth powered by U.S. rooftop solar demand, Build America incentives, and rising adoption of smart-grid integrated inverters.
Europe: Driven by stringent emission targets, net-metering policies, and long-term warranties on micro-inverter systems in Italy, Switzerland, and Germany.
Middle East & Africa: Adoption through rural electrification, off-grid residential, and institutional projects.
South America: Growing demand in Brazil and Chile supported by community solar initiatives.
Prominent Players
Enphase Energy, Hoymiles, SolarEdge Technologies, APsystems, SMA Solar Technology AG, Darfon Electronics, Delta Energy Systems, Sparq Systems, Econversion, ReneSola Ltd., and Other Key Players.
About Us
MarketGenics is a global market research and management consulting company empowering decision makers across healthcare, technology, and policy domains. Our mission is to deliver granular market intelligence combined with strategic foresight to accelerate sustainable growth.
We support clients across strategy development, product innovation, healthcare infrastructure, and digital transformation.
Contact:
Mr. Debashish Roy
MarketGenics India Pvt. Ltd.
800 N King Street, Suite 304 #4208, Wilmington, DE 19801, United States
USA: +1 (302) 303-2617
Email: sales@marketgenics.co
Website: https://marketgenics.co
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