Solar Microinverter and Power Optimizer Market Outlook:
Solar Microinverter and Power Optimizer Market size was valued at USD 7.08 billion in 2025 and is expected to reach USD 20.47 billion by 2035, expanding at around 11.2% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of solar microinverter and power optimizer is evaluated at USD 7.79 billion.
This sector expansion is poised to surge on account of the rising capacity of solar products. According to the Environmental Impact Assessment estimations, solar PV generation upsurged by about 270 TWh which makes up to 26%, in the year 2022, stretching out to at most 1300 TWh.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of solar microinverter and power optimizer is evaluated at USD 7.79 billion.
The global solar microinverter and power optimizer market size exceeded USD 7.08 billion in 2025 and is set to expand at a CAGR of over 11.2%, surpassing USD 20.47 billion revenue by 2035.
North America solar microinverter and power optimizer market will hold more than 35% share by 2035, driven by the growing consumption of electricity in the region.
Key players in the market include Enphase Energy, Inc., SolarEdge Technologies, Inc., SMA Solar Technology AG, Tigo Energy, Inc., Huawei Technologies Co., Ltd., Darfon Electronics Corp., APsystems, Ginlong Technologies (Solis), Chilicon Power, LLC, Sensata Technologies, Inc.
