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Micro-Inverter Market to Cross US$10.95 Billion by 2026, at a CAGR of 20.3% | Global Key Players – ABB, Aeconversion, Altenergy Power System, Chilicon Power, Darfon Electronics, Delta Energy Systems GmbH, Enphase Energy, Involar

03-25-2019 07:40 PM CET | Energy & Environment

Press release from: Market Prognosis

Micro-Inverter Market

Micro-Inverter Market

Marketprognosis.com Publish a New Market Research Report On “Global Micro-Inverter Market 2019 - 2026” which contains global key player’s survey information and forecast to 2026.

Overview of the Global Micro-Inverter Market:

The Global Micro-Inverter market is accounted for $2.07 Billion in 2017 and is expected to reach $10.95 Billion by 2026 growing at a CAGR of 20.3% during the forecast period.

Some of the key factors propelling the market growth are benefits over conventional solar inverter technologies, upsurge in renewable energy investment, demand for micro-inverters due to remote monitoring capabilities and rise in residential solar rooftop installations. However, Higher Initial and Maintenance Cost of Micro-Inverters are restraining factors for the Market.

Get a Sample Copy of this Report @ https://marketprognosis.com/sample-request/19610 .

A solar micro-inverter, or simply micro inverter, is a plug-and-play device used in photovoltaics, that converts direct current (DC) generated by a single solar module to alternating current (AC). Micro inverters contrast with conventional string and central solar inverters, in which a single inverter is connected to multiple solar panels. The output from several micro inverters can be combined and often fed to the electrical grid. Micro inverters have several advantages over conventional inverters. The main advantage is that they electrically isolate the panels from each other, so small amounts of shading, debris or snow lines on any one solar module, or even a complete module failure, do not disproportionately reduce the output of the entire array.

On the basis of geography, In Asia-Pacific, micro inverter market is expected to have the fastest growth in Japan during the forecast period. On a global scale, Japan is not the biggest market but it’s in the top three, with strong governmental support, and its huge solar energy industry. However, in spite of representing a major residential market potential, it has been facing limited micro inverter shipments. It is expected that the penetration rate of micro inverters into Japanese market would increase drastically to 7% of total installations by 2018. Another factor for catalyzing the market in Japan could be micro inverter suppliers obtaining Japan Electrical Safety & Environment Technology Laboratories (JET) certification.

A complete analysis of the competitive landscape of the Global Micro-Inverter Market is provided in the report. This section includes company profiles of market key players. The profiles include contact information, gross, capacity, product details of each firm, price, and cost. This report investigates new project feasibility with a purpose of enlightening new entrants about the possibilities in this market. In this report, thorough SWOT analysis & investment analysis is provided which forecasts imminent opportunities for the Micro-Inverter Market players.

Purchase this report online with 146 Pages, Top Key Players Analysis and List of Tables & Figure @ https://marketprognosis.com/buyReport/19610 .

Major Key Players:

1 ABB Group

2 Aeconversion

3 Altenergy Power System

4 Chilicon Power

5 Darfon Electronics

6 Delta Energy Systems GmbH

7 Enluxsolar

8 Enphase Energy Inc

9 Involar

10 Omnik New Energy and More………….

Market Segment by Components:

1 Hardware

2 Services

3 Software

Market Segment by Types:

1 Single-Phase

2 Three-Phase

Market Segment by Connections:

1 Grid-Connected

2 Stand-Alone

Request a Discount on standard prices of this premium report @ https://marketprognosis.com/discount-request/19610 .

This study answers to the below key questions:

1 What will the market size be in 2026 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Micro-Inverter Market.

Table of Contents:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Micro-Inverter Market, By Component

6 Global Micro-Inverter Market, By Type

7 Global Micro-Inverter Market, By Connection

8 Global Micro-Inverter Market, By Technology

9 Global Micro-Inverter Market, By Sales Channel

10 Global Micro-Inverter Market, By Application

11 Global Micro-Inverter Market, By Geography

12 Key Developments

13 Company Profiling

About us:

We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:

ProgMark Pvt. Ltd.

Thane – 421501

India.

sales@marketprognosis.com

+1 973 241 5193

https://www.marketprognosis.com

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