27 June 2019, The global solar microinverter market is anticipated to rise at a significant CAGR of 15.54% during the forecast period. Energy is an indispensable part of daily life and majorly consumed in form of lighting, heating, and cooling activities. The entire lot of activities depends upon energy that constitute an integral part of life and it is a vital tool for country’s overall development.

Energy supply from renewable sources form an essential part of energy distribution, particularly when there are issues pertaining to sustainable environment. In this regard, micro inverters are of great help. Traditional solar systems comprise a single inverter and in case of any failure of inverter, there remains no backup of energy transfer. Therefore, micro inverters are an alternate energy source.

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Solar micro inverter market is driven by constant R&D activities and significant reduction in costs and expenses of micro inverters. The solar micro inverter market also receives a great booster due to its compact size and versatility. Robust features of solar microinverter supplement the market growth during the forecast period. Significant costs of installation and replacements hinder the market growth during the forecast period.

Geographically, solar microinverter market is segmented as North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific regions are likely to enjoy renewable energy sources and rise in benefits of micro inverters coupled with a higher preference for renewable energy sources.

Japan is at the forefront with tremendous potential for micro inverter technologies. Stringent norms for environment and consumer awareness is likely to boost the Japan market during the forecast period. North American and European markets are expected to display robust growth during the forecast period; thanks to government policies and norms. Effective mergers and acquisitions among key players are likely to boost the market growth in the forecast period. Key players in the solar microinverter industry report are Solar Bridge Technologues, Green Ray Solar, Enecsys and Enphase Energy.

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This report presents the worldwide Solar Microinverter 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.

The Solar Microinverter market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of 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 Microinverter. The following manufacturers are covered in this report:

• Enphase Energy
• SolarEdge Technologies
• SMA
• SunPower
• Power-One
• Sungrow
• AP System
• Samil Power

Solar Microinverter Breakdown Data by Type

• Grid-Connected Solar Microinverter
• Grid-Off Solar Microinverter

Solar Microinverter Breakdown Data by Application

• Residential
• Commercial
• Other

Solar Microinverter Production by Region

• United States
• Europe
• China
• Japan
• South Korea
• Other Regions

The study objectives are:

• To analyze and research the global Solar Microinverter status and future forecast?involving, production, revenue, consumption, historical and forecast.
• To present the key Solar Microinverter manufacturers, production, revenue, market share, and recent development.
• To split the breakdown data by regions, type, manufacturers and applications.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends, drivers, influence factors in global and regions.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Solar Microinverter :

• History Year: 2013 - 2017
• Base Year: 2017
• Estimated Year: 2018
• Forecast Year: 2018 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Solar Microinverter market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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