Europe Micro Inverter Market to Grow at 17.3% Annually Through 2028 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Europe Micro Inverter Market Size, Share & Industry Trends Analysis Report By Type, By Connection, By End User, By Country and Growth Forecast, 2022 - 2028" report has been added to ResearchAndMarkets.com's offering.

The Europe Micro Inverter Market is expected to witness market growth of 17.3% CAGR during the forecast period (2022-2028).

The European region is already well established in micro electronic technologies and heavily investing in activities that can significantly reduce the cost of manufacturing a micro inverter and enhance the overall performance of the electronic device. The European semiconductor industry is centered in Germany. Over the value chain, the country has an unrivaled density of world-leading device suppliers and manufacturers for materials, components, and equipment. There are numerous and diverse investment options available, ranging from design and manufacturing to applications.

Industrial electronics is Germany's second-largest microelectronics segment, accounting for over 24% of the country's semiconductor industry. Strong growth rates, owing to a diverse domestic and foreign industrial base, have helped Germany maintain its position as the world's technical development leader. Automation, building technology, and electronic payment systems have traditionally been the major segments.

The Germany market dominated the Europe Micro Inverter Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $438.4 million by 2028. The UK market is poised to grow at a CAGR of 16.3% during (2022 - 2028). Additionally, The France market is expected to display a CAGR of 18.1% during (2022 - 2028).

Based on Type, the market is segmented into Single phase and Three phase. Based on Connection, the market is segmented into Grid Connected and Stand Alone. Based on End User, the market is segmented into Residential and Commercial. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Delta Electronics, Inc., STMicroelectronics N.V., Texas Instruments, Inc., Sensata Technologies Holdings PLC, Darfon Electronics Corporation, Enphase Energy, Inc., Sparq Systems Inc., Fimer S.p.A., and SolarEdge Technologies, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Type

• Single phase
• Three phase

By Connection

• Grid Connected
• Stand Alone

By End User

• Residential
• Commercial

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Market Players

• Siemens AG
• Delta Electronics, Inc.
• STMicroelectronics N.V.
• Texas Instruments, Inc.
• Sensata Technologies Holdings PLC
• Darfon Electronics Corporation
• Enphase Energy, Inc.
• Sparq Systems Inc.
• Fimer S.p.A.
• SolarEdge Technologies, Inc.

Key Topics Covered:

Chapter 1. Market Scope & Methodology

Chapter 2. Market Overview

Chapter 3. Competition Analysis - Global

Chapter 4. Europe Micro Inverter Market by Type

Chapter 5. Europe Micro Inverter Market by Connection

Chapter 6. Europe Micro Inverter Market by End User

Chapter 7. Europe Micro Inverter Market by Country

Chapter 8. Company Profiles

Companies Mentioned

• Siemens AG
• Delta Electronics, Inc.
• STMicroelectronics N.V.
• Texas Instruments, Inc.
• Sensata Technologies Holdings PLC
• Darfon Electronics Corporation
• Enphase Energy, Inc.
• Sparq Systems Inc.
• Fimer S.p.A.
• SolarEdge Technologies, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/gfwbi