At 27.3% of CAGR, Micro Inverter Market Projected to Hit $2.7 Billion By 2022 | Enphase Energy Inc., ABB Group, SunPower Corporation and SMA Solar Technology AG
In 2014, North America dominated the market and contributed about 45% share of the overall market revenue, followed by Europe, according to a new report published by Allied Market Research. The presence of key market players in the U.S. and rising micro inverter installation activities, primarily in residential sector, have fueled the market growth.
Access Full Summary @ https://www.alliedmarketresearch.com/micro-inverter-market
Swift rise in demand for greater efficiency of solar energy systems and increased application of micro inverters in residential sector, as it is more cost-effective and space efficient, as compared to central and string inverters drives the market growth. However, high initial investment and tough maintenance could restrict the market growth. Moreover, it is anticipated that the rise in electricity demand coupled with increase in government spending & tariffs on photovoltaic technology would spur the global market growth.
Get Up to 30% Discount - Hurry Up!
Make Purchase Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/1702
Among various geographical regions, North America has contributed the maximum revenue share in 2014 and is expected to maintain its leading position throughout the forecast period. This could be attributed to varied factors including increase in the electricity demand due to rising population, and increased government initiatives. Moreover, improvement in renewable energy expenditure has boosted the installation of residential micro inverters in Asian countries, particularly in China, Japan, and India.
"MLPE technologies such as micro inverters are swiftly gaining acceptance and market share as their costs have come down. In spite of the global dominance of string inverters, over half of all residential solar systems installed in the U.S. currently using micro inverters. In addition, increased power output of micro inverters, cost-effectiveness and enhanced safety features would fuel the micro inverter market growth in both residential and commercial sector globally. Japan, representing a significant residential market potential, is expected to provide lucrative growth opportunities for top global micro inverter manufacturers in Asia-Pacific market, states Rakesh Singh, Manager, Research, Semiconductor & Electronics at AMR".
Download Sample Report (Get Full Insights in PDF - 125 Pages) @ https://www.alliedmarketresearch.com/request-sample/1702
Micro Inverter Market Key findings of the study:
1. In 2014, single phase micro inverter type led the overall micro inverter market revenue, but it is projected to grow at a CAGR of 26.2% during the forecast period.
2. Residential segment is expected to exhibit rapid growth, owing to the rising government tariffs and incentives.
3. Japan leads the overall Asia-Pacific micro inverter market with about one-third of the market shares in the region.
The key players in the micro inverter market are dedicated to expand their business operations in the emerging countries with acquisition and product launch as a preferred strategy. The major players profiled in this report include Enphase Energy, Inc., ABB Group, SunPower Corporation, SMA Solar Technology AG, Delta Energy Systems GmbH, SolarEdge Technologies, Inc., ReneSola, Siemens AG, P&P Energy Technology Co., Ltd., and Involar.
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: World Micro Inverter Market, By Type
Chapter 5: World Micro Inverter Market, By Connection
Chapter 6: World Micro Inverter Market, By End-User
Chapter 7: World Micro Inverter Market, By Geography
Chapter 8: Company Profiles
Buy Now @ https://www.alliedmarketresearch.com/checkout-final/6612e2f8b5ef2c2218c402e74213ee24
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release At 27.3% of CAGR, Micro Inverter Market Projected to Hit $2.7 Billion By 2022 | Enphase Energy Inc., ABB Group, SunPower Corporation and SMA Solar Technology AG here
News-ID: 2021207 • Views: 393
More Releases from Allied Market Research
Sensor Market Trends and In-Depth Analysis (2021-2028): Latest Market Updates an …
Allied Market Research published a new report, titled, "Sensor Market By Type (Radar Sensor, Optical Sensor, Biosensor, Touch Sensor, Image Sensor, Pressure Sensor, Temperature Sensor, Proximity & Displacement Sensor, Level Sensor, Motion & Position Sensor, Humidity Sensor, Accelerometer & Speed Sensor, and Others), Technology (CMOS, MEMS, NEMS, and Others), and End User (Electronics, IT & Telecom, Industrial, Automotive, Aerospace & Defense, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast,
Cyber Insurance Market Trends and Analysis (2021-2028): Top Impacting Factors an …
Allied Market Research published a new report, titled, "Cyber Insurance Market By Company Size (Large Companies and Small & Medium-sized Companies) and Industry Vertical (BFSI, IT & Telecom, Retail & E-commerce, Healthcare, Manufacturing, Government & Public Sector, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027". The report provides a detailed study of the global cyber insurance market covering a number of important aspects such as current market scenario, estimates, top
Prepaid Card Market Size and Growth Opportunities (2021-2028): Latest Market Upd …
Allied Market Research published a new report, titled, "Prepaid Card Market By Card Type (Open Loop Prepaid Card and Closed Loop Prepaid Card), Usage (General-purpose Reloadable Card, Gift Card, Government Benefit/Disbursement Card, Payroll Card, and Others), and End User (Retail, Corporate Institutions, Government, and Financial Institutions): Global Opportunity Analysis and Industry Forecast, 2020-2027". The report provides a detailed study of the global prepaid card market covering a number of important aspects
Extended Warranty Market Growth and In-Depth Analysis (2021-2028): Top Impacting …
Allied Market Research published a new report, titled, "Extended Warranty Market By Coverage (Standard Protection Plan and Accidental Protection Plan), Application (Automobiles, Consumer Electronics, Home Appliances, Mobile Devices & PCs, and Others), Distribution Channel (Manufacturers, Retailers, and Others), and End User (Business and Individuals): Global Opportunity Analysis and Industry Forecast, 2020-2027". The report provides a detailed study of the global extended warranty market covering a number of important aspects such as
More Releases for Micro
Jeol starts micro sessions
Live slots, remote demos or on-demand webinars, as a manufacturer of high-tech electron microscopes and analytical systems for research and industry, JEOL is increasing its focus on digital networking now. On July 17th, 2020, JEOL Germany is launching its new digital series “Micro Sessions” in English, in which current research topics and system demonstrations will be broadcasted live from the demo laboratory at the German location in Freising to the
Global Micro Scales Market Research
Global Micro Scales Market Research Micro Scales advertise is foreseen to develop at a CAGR of XX% by 2023, as per another Global Micro Scales Market Research report distributed by Research Vector Inc. The report fragments the market and gauges its size, by volume and esteem, based on application, side-effects, and by geology (North America, Europe, Asia-Pacific, MEA and South America). The Global Market for Micro Scales to 2023 offers
Global Micro Welding Equipment Market 2018 | Pro-Fusion, OR Laser, Micro Product …
This report studies the global Micro Welding Equipment market status and forecast, categorizes the global Micro Welding Equipment market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa). . . – Get Sample Report_https://www.researchmoz.us/enquiry.php?type=S&repid=1844824 ' ' The global Micro Welding Equipment market is valued
Micro Inverter Market
Global Micro Inverter Market would reach $2.7 billion by 2022. In 2014, North America dominated the market and contributed about 45% share of the overall market revenue, followed by Europe, according to a new report published by Allied Market Research.The presence of key market players in the U.S. and rising micro inverter installation activities, primarily in residential sector, have fueled the market growth. Swift rise in demand for greater efficiency of
2017 - 2020: Small Animal Imaging Global Market (Micro-CT, Micro-MRI, Micro-PET/ …
ResearchMoz presents this most up-to-date research on "2017 - 2020: Small Animal Imaging Global Market (Micro-CT, Micro-MRI, Micro-PET/SPECT, Multimodal, Micro-Ultrasound and Micro-PAT)". Small animal imaging technology has marked itself as the most useful tool in preclinical research globally. The technology has proved to be of great importance in developmental biology studies and drug development research programs. Being non-invasive, longitudinal studies are possible with accurate and detailed analysis. The global small animal
What is Scalp Micro Pigmentation?
Micro Scalp Pigmentation also know as Scalp Micro Pigmentation which is offered by Phuket Hair Clinic in Thailand. This procedure is ideal for people wanting a long term hair loss solution and having a lovely holiday on the island of Phuket at the same time. Micro Scalp Pigmentation is a method of depositing pigment into the dermal layer of the skin on the scalp, which replicates hair follicles. When viewed from