Product Description
The research report offers a comprehensive picture of the Micro Inverter market. The report initiates with the executive summary of the market that includes market definition, recent industry trends, and developments, strategies of the key players and wide product offerings. Moreover, the study explains the future opportunities and a sketch of the key participants actively operating in the market.
About Micro Inverter Market
Micro Inverter Market was valued at $635 million in 2016 and is projected to reach $4.33 billion by 2024, having a CAGR of 27.3% during the forecast period of 2017 to 2024.In 2016, the single phase micro inverter segment generated the highest revenue share in the global micro inverter market. A basic inverter is a device which is intended to be used for conversion of DC voltage into AC voltage for the household usage. Similarly a micro inverter is miniature version of a usual inverter which is designed in such a manner that it could be used with required electrical devices which are small in size and complicated in design. Micro inverters are being highly used in solar panels in the current scenario.
The research report is prepared based on the combination of qualitative as well as quantitative aspects. By thorough understanding, the report is fragmented by larger ratios. The report covers in-depth analysis with major factors such as drivers, restraints, opportunities, and challenges that influences the growth of the market. On the other hand, The Micro Inverter report presents data starting from the base year 2018, historical year: 2014-2018, estimated the year 2020 and Forecast year from 2019 to 2026.
The Micro Inverter market report offers the market size and estimates the forecast from 2019-2026. The forecast estimation is predicted based on the key regions that include North America, Europe, Asia Pacific, Middle East, South America, and the Middle East & Africa. Furthermore, the Micro Inverter report provides a deep emphasis on secondary tools used to document the report. PEST analysis, SWOT, Porters Five Forces, and others are considered by the analysts while preparing the report.
Scope and Segmentation of the Market
Based on Type
Single Phase
Three Phase
Based on Application
Application 1
Application 2
Each segment of the Micro Inverter market is extensively evaluated in the research study. The segment analysis covered in the report aims at the key opportunities available in the Micro Inverter market report by leading segments. In addition, the research report offers market dynamics for the market that influences qualitative as well as quantitative research.
Research Methodology
The report follows a comprehensive and rigorous research methodology to provide you accurate estimates and forecasts of a particular market. The report provide estimates, forecast, and analysis primarily based on secondary research, primary interviews, in-house database and other free as well as paid sources. In addition, the research methodology we follow is a systematic approach in order to estimate and project the market sizing keeping in mind all the ongoing and upcoming trends of the market.
Competitive Landscape
Key players profiled in this report include (Sales Revenue, Price, Gross Margin, Main Products, etc.):
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.Limited
Involar
Through the successive chapters on the company, profiles provide deep insights on players operating in the Micro Inverter market. It focuses on the financial outlook of the key players, the status of R&D, strategies adopted, expansion strategies, and many more. Analysts preparing the report have offered a detailed list of the strategic initiatives adopted by the Micro Inverter market participants by referring past records and designing strategies to be adopted in the coming years. This enables the key players to stay ahead in the competition.
Regional Landscape
The chapter on regional segmentation details the regional aspects of the Micro Inverter market. This chapter explains the regulatory framework that is likely to impact the overall market. It highlights the political scenario in the market and anticipates its influence on the Micro Inverter market. Moreover, the report focuses on value and volume at the regional level, company level, and level.
Chapters covered under this report include:
Chapter 1, describes the Micro Inverter market reports - market overview, executive summary, and market scope. Further, the report adds a support base to identify the information and pick in relation to the aforementioned market
Chapter 2, defines the research methodology based on primary as well as secondary research, secondary data sources, and assumptions & exclusions
Chapter 3, description of Micro Inverter market in terms of its product scope, opportunities, drivers, restraints, and market risks
Chapter 4, the report offers a company profile of the top manufacturers of Micro Inverter market with its sales, revenue, share, and others
Chapter 5 and 6, to narrow down the sales data at the country level with shares, revenue, sand sales from 2018-2026
Chapter 7, the Micro Inverter market data is published based on a regional level and to show the revenue, sales, and growth on basis of the base year 2018, historical year: 2014-2018, estimated the year 2020 and Forecast year from 2019 to 2026
Chapter 8, describes the Micro Inverter market sales channels, distributors, research findings, appendix, and among others.
