Brooklyn, NY -- (SBWIRE) -- 12/18/2017 -- The global module level power electronics (MLPE) market has been anticipated to be largely benefited from a great deal of regulatory requirements sparked due to the rise of distributed renewable power generation. In a report put on sale by QYResearchReports.com, titled "Global Module Level Power Electronics (MLPE) Sales Market Report 2017," the market has been carefully and comprehensively studied for readers to get a good insight of key growth factors. The report has mentioned the possibility of the market to be segmented as per product and application. By product, the market could be classified into direct current (DC) optimizer and microinverter. By application, there could be segments such as converter substation, transmission substation, and distribution substation.
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According to market researchers, MLPE products could bring ease and convenience in a maturing solar industry with their more sophisticated attributes and cheaper prices. The MLPE industry has been foreseen to bask under the advantages of energy efficiency drives and supportive regulatory requirements in both emerging and developed economies. Power gains held out by MLPE components could be increasingly accepted in the expanding and maturing solar industry. While this is still in process, governments have been predicted to launch policies that will progressively call for the need of the various kinds of safety features provided by DC power optimizers and other products, which include aggressive shutdown capabilities.
Furthermore, the adoption of MLPE-fitted grid-connected commercial and residential rooftop solar systems could increase in the near future because of the rejuvenation of grid infrastructure. This could gain strength as public attitudes toward clean energy and energy efficiency continue to grow optimistic. Almost all important regions of the world MLPE market have been expected to maintain a significant growth in the coming years owing to the shift toward distributed and renewable power sources. The rise in the total count of MLPE-powered installations of MW level has been foreseen to valuably contribute toward the growth of the market. Moreover, the rate of the adoption of MLPE products could continue to increase as prices stay low.
The adoption rate of MLPE products has been envisioned to see a rise in Africa, Latin America, and other developing solar regions because of supportive government policies tied to lower costs. The MLPE industry could be strongly boosted with a period of sustained growth on the back of the rise of rooftop solar in markets such as India and China conventionally dominated by the development of ground-mounted photovoltaic (PV) systems.
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According to the analysts authoring the report, the international MLPE market could be spilt into India, Southeast Asia, Japan, Europe, China, and the U.S. In developed markets such as Europe and the U.S., there has been a need to address inconsistent regulations and a lack of protocol standards. However, MLPE growth has been projected to be supported by the demand for greater safety. The development of MLPE markets could be majorly dependent on renewable energy regulations and targets as governments turn their focus to more sustainable and efficient power generation.
MLPE vendors have been advised by market analysts to invest in merger and acquisition strategies and partnerships, seek regional expansion, and reduce prices while innovating their products if they are to gain a competitive edge. The worldwide MLPE market could hold a fiercely competitive nature for years to come. Top companies such as BM Solar, Ampt, and Altenergy have been heavily concentrated upon in the report.
Table of Contents
Global Module Level Power Electronics (MLPE) Sales Market Report 2017
1 Module Level Power Electronics (MLPE) Market Overview
1.1 Product Overview and Scope of Module Level Power Electronics (MLPE)
1.2 Classification of Module Level Power Electronics (MLPE) by Product Category
1.2.1 Global Module Level Power Electronics (MLPE) Market Size (Sales) Comparison by Type (2012-2022)
1.2.2 Global Module Level Power Electronics (MLPE) Market Size (Sales) Market Share by Type (Product Category) in 2016
1.2.3 Microinverter
1.2.4 DC Optimizer
1.3 Global Module Level Power Electronics (MLPE) Market by Application/End Users
1.3.1 Global Module Level Power Electronics (MLPE) Sales (Volume) and Market Share Comparison by Application (2012-2022)
1.3.2 Distribution Substation
1.3.3 Transmission Substation
1.3.4 Converter Substation
1.3.5 Others
1.4 Global Module Level Power Electronics (MLPE) Market by Region
1.4.1 Global Module Level Power Electronics (MLPE) Market Size (Value) Comparison by Region (2012-2022)
1.4.2 United States Module Level Power Electronics (MLPE) Status and Prospect (2012-2022)
1.4.3 China Module Level Power Electronics (MLPE) Status and Prospect (2012-2022)
1.4.4 Europe Module Level Power Electronics (MLPE) Status and Prospect (2012-2022)
1.4.5 Japan Module Level Power Electronics (MLPE) Status and Prospect (2012-2022)
1.4.6 Southeast Asia Module Level Power Electronics (MLPE) Status and Prospect (2012-2022)
1.4.7 India Module Level Power Electronics (MLPE) Status and Prospect (2012-2022)
1.5 Global Market Size (Value and Volume) of Module Level Power Electronics (MLPE) (2012-2022)
1.5.1 Global Module Level Power Electronics (MLPE) Sales and Growth Rate (2012-2022)
1.5.2 Global Module Level Power Electronics (MLPE) Revenue and Growth Rate (2012-2022)
2 Global Module Level Power Electronics (MLPE) Competition by Players/Suppliers, Type and Application
2.1 Global Module Level Power Electronics (MLPE) Market Competition by Players/Suppliers
2.1.1 Global Module Level Power Electronics (MLPE) Sales and Market Share of Key Players/Suppliers (2012-2017)
2.1.2 Global Module Level Power Electronics (MLPE) Revenue and Share by Players/Suppliers (2012-2017)
2.2 Global Module Level Power Electronics (MLPE) (Volume and Value) by Type
2.2.1 Global Module Level Power Electronics (MLPE) Sales and Market Share by Type (2012-2017)
2.2.2 Global Module Level Power Electronics (MLPE) Revenue and Market Share by Type (2012-2017)
2.3 Global Module Level Power Electronics (MLPE) (Volume and Value) by Region
2.3.1 Global Module Level Power Electronics (MLPE) Sales and Market Share by Region (2012-2017)
2.3.2 Global Module Level Power Electronics (MLPE) Revenue and Market Share by Region (2012-2017)
2.4 Global Module Level Power Electronics (MLPE) (Volume) by Application
3 United States Module Level Power Electronics (MLPE) (Volume, Value and Sales Price)
3.1 United States Module Level Power Electronics (MLPE) Sales and Value (2012-2017)
3.1.1 United States Module Level Power Electronics (MLPE) Sales and Growth Rate (2012-2017)
3.1.2 United States Module Level Power Electronics (MLPE) Revenue and Growth Rate (2012-2017)
3.1.3 United States Module Level Power Electronics (MLPE) Sales Price Trend (2012-2017)
3.2 United States Module Level Power Electronics (MLPE) Sales Volume and Market Share by Players
3.3 United States Module Level Power Electronics (MLPE) Sales Volume and Market Share by Type
3.4 United States Module Level Power Electronics (MLPE) Sales Volume and Market Share by Application
4 China Module Level Power Electronics (MLPE) (Volume, Value and Sales Price)
4.1 China Module Level Power Electronics (MLPE) Sales and Value (2012-2017)
4.1.1 China Module Level Power Electronics (MLPE) Sales and Growth Rate (2012-2017)
4.1.2 China Module Level Power Electronics (MLPE) Revenue and Growth Rate (2012-2017)
4.1.3 China Module Level Power Electronics (MLPE) Sales Price Trend (2012-2017)
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