Micro-Inverter Market Top Players are SunPower Corporation, Siemens AG, Zhejiang Envertech Corporation Limited, Renesola, Darfon Electronics Corp., AEconversion GmbH & Co. KG., SMA Solar Technology AG

Micro Inverters are an innovative technology that acts just like a basic conventional inverter which is used to convert direct current (DC) into alternate current (AC) from the energy stored inside the solar panels. These inverters regulate and alternate the current for the usage of energy in small electronic devices. The rise in usage of photovoltaic power (PV) systems has raised the demand for these inverters significantly.
Micro-Inverter Market is expected to grow from its initial estimated value of USD 2.60 billion in 2018 to an estimated value of USD 10.28 billion by 2026, registering a CAGR of 18.75% in the forecast period of 2019-2026.

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Market Drivers:

• Rise in benefits and awareness about the renewable energy sources along with increased adoption is expected to drive the market growth
• Cost-effectiveness and increased developments of these products increasing their technological capabilities is expected to drive the market growth

Global Micro-Inverter Market,

• By Component (Hardware, Software, Services),
• By Type (Single Phase, Three Phase),
• By Communication Technology (Wired, Wireless),
• By Connection (Stand-Alone, Grid-Connected),
• By Sales Channel (Direct, Indirect),
• By Application (Residential, Commercial, PV Power Plant),
• By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026

Major Market Competitors:

Few of the major competitors currently working in the micro-inverter market are

• Enphase Energy Inc.,
• Altenergy Power System Inc.,
• SunPower Corporation,
• Siemens AG,
• Zhejiang Envertech Corporation Limited,
• Renesola,
• Darfon Electronics Corp.,
• AEconversion GmbH & Co. KG.,
• SMA Solar Technology AG,
• Sparq Systems,
• Omnik New Energy,
• Sensata Technologies Inc.,
• EnluxSolar Co. Ltd.,
• U R Energy,
• Samil Power Co. Ltd.,
• ABB,
• Delta Energy Systems, and
• SolarEdge Technologies Inc.

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Competitive Analysis:

The global micro-inverter market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of micro-inverter market for global, Europe, North America, Asia Pacific and South America.

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key Market players involved in this industry
• Detailed analysis of the Market Segmentation
• Competitive analysis of the key players involved

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Market Landscape

• Market Ecosystem
• Market Characteristics
• Market Segmentation Analysis

Part 05: Pipeline Analysis

• Pipeline Analysis

Part 06: Market Sizing

• Market Definition
• Market Sizing
• Market Size And Forecast

Part 07: Five Forces Analysis

• Bargaining Power Of Buyers
• Bargaining Power Of Suppliers
• Threat Of New Entrants
• Threat Of Substitutes
• Threat Of Rivalry
• Market Condition

Part 08: Market Segmentation

• Segmentation
• Comparison
• Market Opportunity

Part 09: Customer Landscape

Part 10: Regional Landscape

• Geographical Segmentation
• Regional Comparison
• North America
• South America
• Europe
• Mea
• Apac
• Market Opportunity

Part 11: Decision Framework

Part 12: Drivers and Challenges

• Market Drivers
• Market Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

• Overview
• Landscape Disruption

Part 15: Vendor Analysis

• Vendors Covered
• Vendor Classification
• Market Positioning Of Vendors

Part 16: Appendix

• List Of Abbreviations

See The Complete Table Of Contents And List Of Exhibits, As Well As Selected Illustrations And Example Pages From This Report.

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