Solar Microinverter Market Study by Types, Applications and Analysis till 2025
20th Jan 2020 - The global Solar Microinverter Market is anticipated to rise at a significant CAGR of 15.54% during the forecast period. Energy is an indispensable part of daily life and majorly consumed in form of lighting, heating, and cooling activities. The entire lot of activities depends upon energy that constitute an integral part of life and it is a vital tool for country’s overall development.
Energy supply from renewable sources form an essential part of energy distribution, particularly when there are issues pertaining to sustainable environment. In this regard, micro inverters are of great help. Traditional solar systems comprise a single inverter and in case of any failure of inverter, there remains no backup of energy transfer. Therefore, micro inverters are an alternate energy source.
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Solar micro inverter market is driven by constant R&D activities and significant reduction in costs and expenses of micro inverters. The solar micro inverter market also receives a great booster due to its compact size and versatility. Robust features of solar microinverter supplement the market growth during the forecast period. Significant costs of installation and replacements hinder the market growth during the forecast period.
The following manufacturers are covered in this report:
• Enphase Energy
• SolarEdge Technologies
• SMA
• SunPower
• Power-One
• Sungrow
• AP System
• Samil Power
Solar Microinverter Breakdown Data by Type
• Grid-Connected Solar Microinverter
• Grid-Off Solar Microinverter
Solar Microinverter Breakdown Data by Application
• Residential
• Commercial
• Other
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The key points are:
• To analyze and research the global Solar Microinverter status and future forecast involving, production, revenue, historical and forecast.
• To present the key Solar Microinverter manufacturers, production, revenue, market share, and recent development.
• To split the breakdown data by regions, type, manufacturers and applications.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends, drivers, influence factors in global and regions.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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