| Product Code: ETC4466722 | Publication Date: Jul 2023 | Updated Date: Oct 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In 2024, China continued to lead in importing micro-inverters, with significant contributions from Germany, Japan, USA, and Thailand. The market remained competitive with a low Herfindahl-Hirschman Index (HHI) concentration, indicating a diverse import landscape. However, the industry experienced a slight decline with a compound annual growth rate (CAGR) of -2.67% from 2020 to 2024. Moreover, the growth rate in 2024 dropped by 10.49%, reflecting a challenging year for micro-inverter imports into China.

China`s micro-inverter market is expanding due to the increasing adoption of solar photovoltaic (PV) systems for residential and commercial applications. Micro-inverters offer advantages such as higher energy yield, improved system reliability, and easier installation compared to traditional string inverters. The market is driven by the push towards renewable energy and the growing demand for distributed solar power generation.
The Micro-inverter market in China is driven by the demand for small and efficient inverters used in solar energy systems to convert DC power to AC power at the module level. Micro-inverters offer advantages such as improved energy yield and system flexibility. The market growth is supported by advancements in inverter technologies, increasing adoption of solar energy solutions, and the need for efficient and reliable power conversion.
Challenges in the Micro-inverter market include meeting energy efficiency standards and achieving broader market penetration.
The micro-inverter market in China is influenced by government regulations focused on renewable energy integration and efficiency. The government establishes standards for the performance and safety of micro-inverters to ensure they meet quality requirements. Policies promote the development and adoption of advanced micro-inverter technologies through funding and research support. The government also addresses environmental concerns related to energy conversion and encourages sustainable practices in micro-inverter technology.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Micro-inverter Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Micro-inverter Market Revenues & Volume, 2021 & 2031F |
3.3 China Micro-inverter Market - Industry Life Cycle |
3.4 China Micro-inverter Market - Porter's Five Forces |
3.5 China Micro-inverter Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.6 China Micro-inverter Market Revenues & Volume Share, By Communication Technology, 2021 & 2031F |
3.7 China Micro-inverter Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 China Micro-inverter Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.9 China Micro-inverter Market Revenues & Volume Share, By Connection Type, 2021 & 2031F |
3.10 China Micro-inverter Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.11 China Micro-inverter Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 China Micro-inverter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for solar energy solutions in China |
4.2.2 Government incentives and policies promoting renewable energy adoption |
4.2.3 Increasing awareness about the benefits of micro-inverters in solar power systems |
4.3 Market Restraints |
4.3.1 High initial costs associated with micro-inverter installations |
4.3.2 Competition from traditional string inverters |
4.3.3 Technological limitations and efficiency concerns |
5 China Micro-inverter Market Trends |
6 China Micro-inverter Market, By Types |
6.1 China Micro-inverter Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 China Micro-inverter Market Revenues & Volume, By Offering, 2021-2031F |
6.1.3 China Micro-inverter Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.4 China Micro-inverter Market Revenues & Volume, By Software & Services, 2021-2031F |
6.2 China Micro-inverter Market, By Communication Technology |
6.2.1 Overview and Analysis |
6.2.2 China Micro-inverter Market Revenues & Volume, By Wired, 2021-2031F |
6.2.3 China Micro-inverter Market Revenues & Volume, By Wireless, 2021-2031F |
6.3 China Micro-inverter Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 China Micro-inverter Market Revenues & Volume, By Single Phase, 2021-2031F |
6.3.3 China Micro-inverter Market Revenues & Volume, By Three Phase, 2021-2031F |
6.4 China Micro-inverter Market, By Power Rating |
6.4.1 Overview and Analysis |
6.4.2 China Micro-inverter Market Revenues & Volume, By Below 250 W, 2021-2031F |
6.4.3 China Micro-inverter Market Revenues & Volume, By Between 250 W and 500 W, 2021-2031F |
6.4.4 China Micro-inverter Market Revenues & Volume, By Above 500 W, 2021-2031F |
6.5 China Micro-inverter Market, By Connection Type |
6.5.1 Overview and Analysis |
6.5.2 China Micro-inverter Market Revenues & Volume, By Stand-alone, 2021-2031F |
6.5.3 China Micro-inverter Market Revenues & Volume, By Grid-tied, 2021-2031F |
6.6 China Micro-inverter Market, By Sales Channel |
6.6.1 Overview and Analysis |
6.6.2 China Micro-inverter Market Revenues & Volume, By Direct, 2021-2031F |
6.6.3 China Micro-inverter Market Revenues & Volume, By Indirect, 2021-2031F |
6.7 China Micro-inverter Market, By Application |
6.7.1 Overview and Analysis |
6.7.2 China Micro-inverter Market Revenues & Volume, By Residential, 2021-2031F |
6.7.3 China Micro-inverter Market Revenues & Volume, By Commercial, 2021-2031F |
6.7.4 China Micro-inverter Market Revenues & Volume, By , 2021-2031F |
7 China Micro-inverter Market Import-Export Trade Statistics |
7.1 China Micro-inverter Market Export to Major Countries |
7.2 China Micro-inverter Market Imports from Major Countries |
8 China Micro-inverter Market Key Performance Indicators |
8.1 Average installation time for micro-inverters |
8.2 Percentage of residential buildings equipped with solar power systems using micro-inverters |
8.3 Number of new solar power projects incorporating micro-inverters |
8.4 Average efficiency improvement in micro-inverter technology |
8.5 Percentage of electricity generated from solar power in China |
9 China Micro-inverter Market - Opportunity Assessment |
9.1 China Micro-inverter Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.2 China Micro-inverter Market Opportunity Assessment, By Communication Technology, 2021 & 2031F |
9.3 China Micro-inverter Market Opportunity Assessment, By Type, 2021 & 2031F |
9.4 China Micro-inverter Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.5 China Micro-inverter Market Opportunity Assessment, By Connection Type, 2021 & 2031F |
9.6 China Micro-inverter Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.7 China Micro-inverter Market Opportunity Assessment, By Application, 2021 & 2031F |
10 China Micro-inverter Market - Competitive Landscape |
10.1 China Micro-inverter Market Revenue Share, By Companies, 2024 |
10.2 China Micro-inverter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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