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PV Micro Inverters Market, by Type of The System (Standalone PV Micro Inverters Systems, Integrated PV Micro Inverter Systems), End-user (Residential, Commercial, The Utility Sectors), Power Class (Single Phase and Three Phase) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

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The solar small electrical converter could be a DC to AC electrical converter used with electrical phenomenon installations. Not like typical string/central inverters, a small electrical converter works on Module Level Power physics, i.e., power conversion takes place at the individual module level. This mitigates the negative result of module twin and improves the potency of the system. Small inverters conjointly change module level observation, easier installation, increased style flexibility and higher safety than typical inverters. Increasing preference towards additional economical systems is fuelling the demand for small inverters. At the side of this, speedily falling costs of small inverters are additionally helping the merchandise to achieve vital penetration within the world module-level power physics market.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the PV micro inverters market. The scope of this report covers the PV micro inverters market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • The growth of the worldwide star small electrical converter market is specifically driven by the rising variety of electrical phenomenon installations, and rising awareness regarding the advantages of MLPE technology. Moreover, rising preference towards integrated product and increasing variety of AC Modules within the market is additionally expected to drive the demand for small star inverters.
  • The rising adoption of the integrated product isn't solely fuelling the demand for small electrical converters however conjointly serving to the small inverter vendor/manufacturers to get pleasure from an additional refined provide channel not to mention assured long run bankability.
  • The increase of power optimisers which provide similar advantages to it of small electrical converters is restraining the expansion within the market and putting vital evaluation pressure on small inverter players.

Regionally, the global market for PV micro inverters segmented into Asia Pacific, Latin America, Europe, North America and Middle East & Africa. Among these, North America market accounts for the utmost revenue share of the market, among all the regional markets, followed by Western Europe. North America and Europe together account for optimum market share. North America star small electrical converter market is anticipated to expand at a CAGR over the forecast amount and is expected to dominate the market in terms valuable still. Meanwhile, the APEJ market is expected to grow at a high CAGR over the forecast amount, because of the rising PV installation in China and low value of small inverters within the region. The Japanese market Associate in Nursing is anticipated to expand at an expected CAGR over the forecast amount.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s PV micro inverters market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the PV micro inverters market by the following segments:

  • PV Micro Inverters Market, by Type of The System
    • Standalone PV Micro Inverters Systems
    • Integrated PV Micro Inverter Systems
  • PV Micro Inverters Market, by End-user
    • Residential
    • Commercial
    • The Utility Sectors
  • PV Micro Inverters Market, by Power Class
    • Single Phase
    • Three Phase

KEY MARKET PLAYERS

Key players in the PV micro inverters market include:

  • Sungrow Power Supply Co. Ltd.
  • TMEIC, ABB Ltd.
  • Schenzhen Kstar Science & Technology Co. Ltd.
  • General Electric
  • TBEA SunOasis Co. Ltd.
  • Enphase Energy Inc.
  • SunPower Corp.
  • SMA Solar Technology AG
  • Darfon Electronics Corp.

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K.
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • MIDDLE EAST & AFRICA
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • LATIN AMERICA
    • Brazil
    • Rest of Latin America

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  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
    2. Technology Roadmap
  5. PV MICRO INVERTERS MARKET, BY TYPE OF THE SYSTEM
    1. Segment Share
    2. By Type of the System
      1. Standalone PV Micro Inverters Systems
      2. Integrated PV Micro Inverter Systems
  6. PV MICRO INVERTERS MARKET, BY END-USER
    1. Segment Share
    2. By End-user
      1. Residential
      2. Commercial
      3. The Utility Sectors
  7. PV MICRO INVERTERS MARKET, BY POWER CLASS
    1. Segment Share
    2. By Power Class
      1. Single Phase
      2. Three Phase
  8. PV MICRO INVERTERS MARKET, BY GEOGRAPHY
    1. Segment Share
    2. North America
      1. By Regions
        1. U.S.
        2. Rest of North America
      2. By Type of the System
      3. By End-user
      4. By Power Class
    3. Europe
      1. By Region
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Type of the System
      3. By End-user
      4. By Power Class
    4. Asia-Pacific
      1. By Region
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Type of the System
      3. By End-user
      4. By Power Class
    5. Middle East & Africa
      1. By Region
        1. GCC
        2. North Africa
        3. South Africa
        4. Rest of Middle East & Africa
      2. By Type of the System
      3. By End-user
      4. By Power Class
    6. Latin America
      1. By Region
        1. Brazil
        2. Rest of Latin America
      2. By Type of the System
      3. By End-user
      4. By Power Class
  9. COMPETITIVE LANDSCAPE
    1. Market Positioning of Key Players, 2016
    2. Key Innovators
  10. KEY MARKET PLAYERS
    1. Sungrow Power Supply Co. Ltd.
      1. Overview
      2. Key Strategies
      3. Key Developments
    2. TMEIC, ABB Ltd.
      1. Overview
      2. Key Strategies
      3. Key Developments
    3. Schenzhen Kstar Science & Technology Co. Ltd.
      1. Overview
      2. Key Strategies
      3. Key Developments
    4. General Electric
      1. Overview
      2. Key Strategies
      3. Key Developments
    5. TBEA SunOasis Co. Ltd.
      1. Overview
      2. Key Strategies
      3. Key Developments
    6. Enphase Energy Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments
    7. SunPower Corp.
      1. Overview
      2. Key Strategies
      3. Key Developments
    8. SMA Solar Technology AG
      1. Overview
      2. Key Strategies
      3. Key Developments
    9. Darfon Electronics Corp.
      1. Overview
      2. Key Strategies
      3. Key Developments
  11. SCALAR 360 DEGREE MARKET PERSPECTIVE
  12. APPENDIX
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