China Micro-inverter Market (2025-2031) Outlook | Growth, Industry, Companies, Forecast, Size, Trends, Value, Share, Revenue, Analysis

Market Forecast By Offering (Hardware, Software & Services), By Communication Technology (Wired, Wireless), By Type (Single Phase, Three Phase), By Power Rating (Below 250 W, Between 250 W and 500 W, Above 500 W), By Connection Type (Stand-alone, Grid-tied), By Sales Channel (Direct, Indirect), By Application (Residential, Commercial, PV Power Plant) And Competitive Landscape
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

China Micro-inverter Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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 Micro-inverter Market Top 5 Importing Countries and Market Competition (HHI) Analysis

China Micro-inverter Market Overview

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.

Drivers of the market

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 of the market

Challenges in the Micro-inverter market include meeting energy efficiency standards and achieving broader market penetration.

Government Policy of the market

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.

Key Highlights of the Report:

  • China Micro-inverter Market Outlook
  • Market Size of China Micro-inverter Market, 2024
  • Forecast of China Micro-inverter Market, 2031
  • Historical Data and Forecast of China Micro-inverter Revenues & Volume for the Period 2021-2031
  • China Micro-inverter Market Trend Evolution
  • China Micro-inverter Market Drivers and Challenges
  • China Micro-inverter Price Trends
  • China Micro-inverter Porter's Five Forces
  • China Micro-inverter Industry Life Cycle
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Offering for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Hardware for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Software & Services for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Communication Technology for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Wired for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Wireless for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Single Phase for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Three Phase for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Power Rating for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Below 250 W for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Between 250 W and 500 W for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Above 500 W for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Connection Type for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Stand-alone for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Grid-tied for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Sales Channel for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Direct for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Indirect for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of China Micro-inverter Market Revenues & Volume By PV Power Plant for the Period 2021-2031
  • China Micro-inverter Import Export Trade Statistics
  • Market Opportunity Assessment By Offering
  • Market Opportunity Assessment By Communication Technology
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Power Rating
  • Market Opportunity Assessment By Connection Type
  • Market Opportunity Assessment By Sales Channel
  • Market Opportunity Assessment By Application
  • China Micro-inverter Top Companies Market Share
  • China Micro-inverter Competitive Benchmarking By Technical and Operational Parameters
  • China Micro-inverter Company Profiles
  • China Micro-inverter Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the China Micro-inverter Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the China Micro-inverter Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 assessment - trade Analytics for 2030

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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