Solar micro inverter is a type of plug- and-play equipment which is used in photovoltaic installations that converts direct current generated by a single module to alternating current. Rise in preference of customers towards more efficient system is fuelling the demand for solar micro inverter which expected to grow the market in near future.
Increase in installation of solar products like solar panels are expected to propel the global solar micro inverter market growth. Furthermore, lucrative advantages provided over conventional solar inverters will have the positive impact on market growth. Solar micro inverter offers numerous advantages over conventional central and string inverters including high energy yield, longer life cycles, enhanced safety, better flexibility, simplicity, and no single point of failure. These prime factors have raised the adoption of solar micro inverters in photovoltaic industry and which is expected to drive the market growth during this analysis period.
However, rise of power optimizers which provide similar benefits to that of solar micro inverter. It is major restraining factor which is expected to hinder the global solar micro inverter market growth. Also, increase in adoption of DC optimizer will obstruct the market growth.
Global Solar Micro Inverter Market is segmented into connectivity such as On-Grid, and Standalone. Further, market is segmented into applications such as Commercial, Utility, and Residential.
Also, Global Solar Micro Inverter Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as ABB Ltd., SMA Solar Technology AG, Altenergy Power Systems Inc., Enphase Energy Inc., SunPower Corporations, Darfon Electronics Corporation, Northern Electric and Power Co. Ltd., Sparq Systems, and Chilicon Power,LLC
By Application Commercial Utility Residential
By Region North America Latin America Europe Asia Pacific Middle East & Africa
Key Questions Addressed by the Report What are the Key Opportunities in Global Solar Micro Inverter Market? What will be the growth rate from 2019 to 2030? Which segment/region will have highest growth? What are the factors that will impact/drive the Market? What is the competitive Landscape in the Industry? What is the role of key players in the value chain? What are the strategies adopted by key players?
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Solar Micro Inverter Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Solar Micro Inverter Market, By Connectivity
5.1 Y-o-Y Growth Comparison, By Connectivity
5.2 Global Solar Micro Inverter Market Share Analysis, By Connectivity
5.3 Global Solar Micro Inverter Market Size and Forecast, By Connectivity
5.3.1 On-Grid
5.3.2 Standalone
6 Global Solar Micro Inverter Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Solar Micro Inverter Market Share Analysis, By Application
6.3 Global Solar Micro Inverter Market Size and Forecast, By Application
6.3.1 Commercial
6.3.2 Utility
6.3.3 Residential
7Global Solar Micro Inverter Market, By Region
7.1 Global Solar Micro Inverter Market Share Analysis, By Region
7.2 Global Solar Micro Inverter Market Share Analysis, By Region
7.3 Global Solar Micro Inverter Market Size and Forecast, By Region
8North America Solar Micro Inverter Market Analysis and Forecast (2019 – 2030)
8.1 Introduction
8.2 North America Solar Micro Inverter Market Share Analysis, By Connectivity
8.3 North America Solar Micro Inverter Market Size and Forecast, By Application
8.4 North America Solar Micro Inverter Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9Europe Solar Micro Inverter Market Analysis and Forecast (2019 – 2030)
9.1 Introduction
9.2 Europe Solar Micro Inverter Market Share Analysis, By Connectivity
9.3 Europe Solar Micro Inverter Market Size and Forecast, By Application
9.4 Europe Solar Micro Inverter Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Solar Micro Inverter Market Analysis and Forecast (2019 – 2030)
10.1 Introduction
10.2 Asia Pacific Solar Micro Inverter Market Share Analysis, By Connectivity
10.3 Asia Pacific Solar Micro Inverter Market Size and Forecast, By Application
10.4 Asia Pacific Solar Micro Inverter Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Solar Micro Inverter Market Analysis and Forecast (2019 – 2030)
11.1 Introduction
11.2 Latin America Solar Micro Inverter Market Share Analysis, By Connectivity
11.3 Latin America Solar Micro Inverter Market Size and Forecast, By Application
11.4 Latin America Solar Micro Inverter Market Size and Forecast, By Country
12Middle East Solar Micro Inverter Market Analysis and Forecast (2019 – 2030)
12.1 Introduction
12.2 Middle East Solar Micro Inverter Market Share Analysis, By Connectivity
12.3 Middle East Solar Micro Inverter Market Size and Forecast, By Application
12.4 Middle East Solar Micro Inverter Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 ABB Ltd
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 SMA Solar Technology AG
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Altenergy Power Systems Inc
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Enphase Energy Inc
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 SunPower Corporations
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Darfon Electronics Corporation
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Northern Electric and Power Co. Ltd
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Sparq Systems
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Chilicon Power,LLC
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
