Energy and Power

Global Solar Micro Inverters 2016-2020

  • TEC571688
  • 56 Pages
  • May 2016
  • Energy and Power
About the Solar Microinverter Market

Solar microinverters are small devices installed on solar panels that convert the DC output of a photovoltaic (PV) panel into AC. These inverters use maximum power point tracking (MPPT) to get maximum power from the PV array.
The function of a microinverter is similar to a central or string inverter. In a string inverter, the PV modules are connected in strings and then wired to a central inverter. A microinverter, however, does not generate power unless connected to the grid. It converts AC to DC at each PV module, allowing the output of PV module to be unaffected by other modules. Therefore, partial shading, debris, and snow lines on any one module do not disproportionately affect the output.
Solar microinverters enable maximum power, design flexibility, and enhanced safety, addressing the shortcomings of traditional inverters.

Technavios analysts forecast the Global Solar Microinverter Market to grow at a CAGR of 25.7% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the Global Solar Microinverter Market for 2016-2020.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Solar Microinverter Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
ABB
Enphase Energy
SMA Solar Technology
SolarEdge Technologies
SunPower Corp.

Other prominent vendors
APS
Chilicon Power
Cybo Energy
iEnergy
Involar
LeadSolar
ReneSola
Sparq Systems

Market driver
Easy installation and customization
For a full, detailed list, view our report

Market challenge
Less product differentiation
For a full, detailed list, view our report

Market trend
Shift to renewable energy and increasing environmental concerns
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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