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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Five forces analysis
PART 06: Market segmentation by application
• Global solar microinverter market by application 2015-2020
• Global solar microinverter market by application 2015-2020
• Global solar microinverter market by residential segment
• Global solar microinverter market by commercial segment
• Global solar microinverter market by utility segment
PART 07: Geographical segmentation
• Global solar microinverter market by geography
• Solar microinverter market in Americas
• Solar microinverter market in EMEA
• Solar microinverter market in APAC
PART 08: Market drivers
• Rise in awareness of solar power
• Easy installation and customization
• Increased efficiency
PART 09: Impact of drivers
PART 10: Market challenges
• High initial installation cost
• Less product differentiation
• Intermittent nature of solar power
PART 11: Impact of drivers and challenges
PART 12: Market trends
• Technological advances
• Government support
• Harnessing potential of untapped market
• Rise in environmental concerns and shift to renewable energy
• Rising safety concerns
• Incorporation of data analytics in solar microinverter systems
PART 13: Vendor landscape
• Competitive landscape
• Other prominent vendors
PART 14: Key vendor analysis
• ABB
• Enphase Energy
• SMA
• SolarEdge
• SunPower
• Other vendors in global solar microinverters market
• APS
• CyboEnergy
PART 15: Appendix
• List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Segmentation of global solar microinverter market
Exhibit 03: Global solar microinverter market 2015-2020 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global solar microinverter market by application 2015-2020
Exhibit 06: Segmentation of global solar microinverter market by application 2015-2020
Exhibit 07: Global solar microinverter market by residential segment 2015-2020 ($ millions)
Exhibit 08: Global solar microinverter market by commercial segment 2015-2020 ($ millions)
Exhibit 09: Global solar microinverter market by utility 2015-2020 ($ millions)
Exhibit 10: Global solar microinverter market by geography for 2015-2020
Exhibit 11: Global solar microinverter market by geographical segmentation 2015-2020
Exhibit 12: Solar microinverter market in Americas 2015-2020 ($ millions)
Exhibit 13: Solar microinverter market in EMEA 2015-2020 ($ millions)
Exhibit 14: Solar microinverter market in APAC 2015-2020 ($ millions)
Exhibit 15: Comparison between the operations of microinverters and string inverters
Exhibit 16: Comparison of various inverters based on power and efficiency
Exhibit 17: Comparison of efficiency of solar microinverters and central or string inverters
Exhibit 18: Impact of drivers
Exhibit 19: Impact of drivers and challenges
Exhibit 20: Energy source and their emissions
Exhibit 21: Other prominent vendors
Exhibit 22: ABB: Product segmentation
Exhibit 23: ABB: Microinverter product portfolio
Exhibit 24:
Exhibit 25: Enphase Energy: Microinverter product portfolio
Exhibit 26: SMA: Product segmentation
Exhibit 27: Business segmentation
Exhibit 28: SMA: Business segmentation by revenue 2014
Exhibit 29: SMA: Geographical segmentation by revenue 2014
Exhibit 30: SMA: Microinverter product portfolio
Exhibit 31: SolarEdge: Microinverters product portfolio
Exhibit 32: SunPower: Revenue comparison by significant category 2013 and 2014 ($ millions)
Exhibit 33: APS: Product protfolio
Exhibit 34: APS: Microinverter product portfolio
Exhibit 35: CyboEnergy: Product portfolio
Exhibit 36: Microinverter product portfolio
