About the Solar Microinverter Market

Solar microinverters are small devices installed on solar panels that convert the DC output of a photovoltaic (PV) panel into AC. These inverters use maximum power point tracking (MPPT) to get maximum power from the PV array.
The function of a microinverter is similar to a central or string inverter. In a string inverter, the PV modules are connected in strings and then wired to a central inverter. A microinverter, however, does not generate power unless connected to the grid. It converts AC to DC at each PV module, allowing the output of PV module to be unaffected by other modules. Therefore, partial shading, debris, and snow lines on any one module do not disproportionately affect the output.
Solar microinverters enable maximum power, design flexibility, and enhanced safety, addressing the shortcomings of traditional inverters.

Technavio’s analysts forecast the Global Solar Microinverter Market to grow at a CAGR of 25.7% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the Global Solar Microinverter Market for 2016-2020.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA



Technavio’s report, Global Solar Microinverter Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • ABB
  • Enphase Energy
  • SMA Solar Technology
  • SolarEdge Technologies
  • SunPower Corp.



Other prominent vendors

  • APS
  • Chilicon Power
  • Cybo Energy
  • iEnergy
  • Involar
  • LeadSolar
  • ReneSola
  • Sparq Systems



Market driver

  • Easy installation and customization
  • For a full, detailed list, view our report



Market challenge

  • Less product differentiation
  • For a full, detailed list, view our report



Market trend

  • Shift to renewable energy and increasing environmental concerns
  • For a full, detailed list, view our report



Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?




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Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.