Global Solar Micro Inverters Market report, which presents a combination of industry knowledge and research expertise based on regions too. This report delivers the market trends along with the market size for every individual sector.
City of Industry, CA -- (SBWIRE) -- 08/23/2018 -- This report presents the worldwide Solar Micro Inverters market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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 residential segment accounted for the major share of the solar power inverter market during 2017. The dominance of this segment is due to the increased demand and sales volume. Our analysts predicted that this segment will continue to lead the market and account for the largest share by 2025.
Our analysts have predicted that in terms of geographic regions, the solar power inverter market will witness considerable growth in the Americas during the next few years. This region will be the major contributor to the growth of the market share due to the growing demand for power and the rising installation of solar energy systems.
The Solar Micro Inverters market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Solar Micro Inverters.
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The following manufacturers are covered in this report:
SMA Solar Technology
Solar Micro Inverters Breakdown Data by Type
Grid-Connected Solar Micro Inverter
Grid-Off Solar Micro Inverter
Solar Micro Inverters Breakdown Data by Application
Solar Micro Inverters Production by Region
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