QYR Market Research Global Module Level Power Electronics market | Page 4

QYR
• The Module Level Power Electronics (MLPE) consumption volume
was 3056 M Watts in 2017 and is expected to reach 3556 M
Watts in 2018 and 11411 M Watts in 2025, growing at a CAGR of
17.90% from 2017 to 2025. North America`s sales volume
accounted for the highest market share (60.50%) in 2017,
followed by the Europe and China.
• The Module Level Power Electronics (MLPE) are mainly used by
Residential and Commercial Application. The dominated application
of Module Level Power Electronics (MLPE) is Residential.