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Micro-Inverter - Global Market Outlook (2017-2026)

Micro-Inverter - Global Market Outlook (2017-2026)

According to Stratistics MRC, the Global Micro-Inverter market is accounted for $2.07 billion in 2017 and is expected to reach $10.95 billion by 2026 growing at a CAGR of 20.3% during the forecast period. Some of the key factors propelling the market growth are benefits over conventional solar inverter technologies, upsurge in renewable energy investment, demand for micro-inverters due to remote monitoring capabilities and rise in residential solar rooftop installations. However, Higher Initial and Maintenance Cost of Micro-Inverters are restraining factors for the Market.

A solar micro-inverter, or simply micro inverter, is a plug-and-play device used in photovoltaics, that converts direct current (DC) generated by a single solar module to alternating current (AC). Micro inverters contrast with conventional string and central solar inverters, in which a single inverter is connected to multiple solar panels. The output from several micro inverters can be combined and often fed to the electrical grid. Micro inverters have several advantages over conventional inverters. The main advantage is that they electrically isolate the panels from each other, so small amounts of shading, debris or snow lines on any one solar module, or even a complete module failure, do not disproportionately reduce the output of the entire array.

By Type, Single-Phase segment acquired significant growth because it enables the system to have a compact size, which is well suited for residential and commercial applications. Most of the micro-inverter manufacturers across the world offer single-phase systems. Also, as single-phase electricity transmission is well suited for residential applications, this is also one of the major markets for micro-inverters, witness high demand worldwide. For instance, in countries such as the US, Australia, and European countries, the residential segment operates on single-phase transmissions of electricity.

On the basis of geography, In Asia-Pacific, micro inverter market is expected to have the fastest growth in Japan during the forecast period. On a global scale, Japan is not the biggest market but it’s in the top three, with strong governmental support, and its huge solar energy industry. However, in spite of representing a major residential market potential, it has been facing limited micro inverter shipments. It is expected that the penetration rate of micro inverters into Japanese market would increase drastically to 7% of total installations by 2018. Another factor for catalyzing the market in Japan could be micro inverter suppliers obtaining Japan Electrical Safety & Environment Technology Laboratories (JET) certification.

Some of the key players in Micro-Inverter Market include ABB Group, AE conversion, Altenergy Power System, Chilicon Power, Darfon Electronics, Delta Energy Systems GmbH, Enluxsolar, Enphase Energy Inc, Involar, Omnik New Energy, P&P Energy Technology Co Ltd, ReneSola, Samil Power, Saronic (EU) Power Techm Sensata Technologies, Siemens AG, SMA Solar Technology AG, SolarEdge Technologies Inc, Sparq Systems, SunPower Corporation and U R Energy.

Components Covered:
• Hardware
• Services
• Software

Types Covered:
• Single-Phase
• Three-Phase

Connections Covered:
• Grid-Connected
• Stand-Alone

Technologies Covered:
• Wired
• Wireless

Sales Channels Covered:
• Direct
• Indirect

Applications Covered:
• Commercial
• Photo Voltaic (PV) Power Plant
• Residential

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
France
Italy
UK
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Micro-Inverter Market, By Component
5.1 Introduction
5.2 Hardware
5.3 Services
5.4 Software
6 Global Micro-Inverter Market, By Type
6.1 Introduction
6.2 Single-Phase
6.3 Three-Phase
7 Global Micro-Inverter Market, By Connection
7.1 Introduction
7.2 Grid-Connected
7.3 Stand-Alone
8 Global Micro-Inverter Market, By Technology
8.1 Introduction
8.2 Wired
8.3 Wireless
9 Global Micro-Inverter Market, By Sales Channel
9.1 Introduction
9.2 Direct
9.3 Indirect
10 Global Micro-Inverter Market, By Application
10.1 Introduction
10.2 Commercial
10.3 PV Power Plant
10.4 Residential
11 Global Micro-Inverter Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 ABB Group
13.2 Aeconversion
13.3 Altenergy Power System
13.4 Chilicon Power
13.5 Darfon Electronics
13.6 Delta Energy Systems GmbH
13.7 Enluxsolar
13.8 Enphase Energy Inc
13.9 Involar
13.10 Omnik New Energy
13.11 P&P Energy Technology Co Ltd
13.12 ReneSola
13.13 Samil Power
13.14 Saronic (EU) Power Tech
13.15 Sensata Technologies
13.16 Siemens AG
13.17 SMA Solar Technology AG
13.18 SolarEdge Technologies Inc
13.19 Sparq Systems
13.20 SunPower Corporation
13.21 U R Energy
List of Tables
Table 1 Global Micro-Inverter Market Outlook, By Region (2016-2026) (US $MN)
Table 2 Global Micro-Inverter Market Outlook, By Component (2016-2026) (US $MN)
Table 3 Global Micro-Inverter Market Outlook, By Hardware (2016-2026) (US $MN)
Table 4 Global Micro-Inverter Market Outlook, By Services (2016-2026) (US $MN)
Table 5 Global Micro-Inverter Market Outlook, By Software (2016-2026) (US $MN)
Table 6 Global Micro-Inverter Market Outlook, By Type (2016-2026) (US $MN)
Table 7 Global Micro-Inverter Market Outlook, By Single-Phase (2016-2026) (US $MN)
Table 8 Global Micro-Inverter Market Outlook, By Three-Phase (2016-2026) (US $MN)
Table 9 Global Micro-Inverter Market Outlook, By Connection (2016-2026) (US $MN)
Table 10 Global Micro-Inverter Market Outlook, By Grid-Connected (2016-2026) (US $MN)
Table 11 Global Micro-Inverter Market Outlook, By Stand-Alone (2016-2026) (US $MN)
Table 12 Global Micro-Inverter Market Outlook, By Technology (2016-2026) (US $MN)
Table 13 Global Micro-Inverter Market Outlook, By Wired (2016-2026) (US $MN)
Table 14 Global Micro-Inverter Market Outlook, By Wireless (2016-2026) (US $MN)
Table 15 Global Micro-Inverter Market Outlook, By Sales Channel (2016-2026) (US $MN)
Table 16 Global Micro-Inverter Market Outlook, By Direct (2016-2026) (US $MN)
Table 17 Global Micro-Inverter Market Outlook, By Indirect (2016-2026) (US $MN)
Table 18 Global Micro-Inverter Market Outlook, By Application (2016-2026) (US $MN)
Table 19 Global Micro-Inverter Market Outlook, By Commercial (2016-2026) (US $MN)
Table 20 Global Micro-Inverter Market Outlook, By PV Power Plant (2016-2026) (US $MN)
Table 21 Global Micro-Inverter Market Outlook, By Residential (2016-2026) (US $MN)
Table 22 North America Micro-Inverter Market Outlook, By Country (2016-2026) (US $MN)
Table 23 North America Micro-Inverter Market Outlook, By Component (2016-2026) (US $MN)
Table 24 North America Micro-Inverter Market Outlook, By Hardware (2016-2026) (US $MN)
Table 25 North America Micro-Inverter Market Outlook, By Services (2016-2026) (US $MN)
Table 26 North America Micro-Inverter Market Outlook, By Software (2016-2026) (US $MN)
Table 27 North America Micro-Inverter Market Outlook, By Type (2016-2026) (US $MN)
Table 28 North America Micro-Inverter Market Outlook, By Single-Phase (2016-2026) (US $MN)
Table 29 North America Micro-Inverter Market Outlook, By Three-Phase (2016-2026) (US $MN)
Table 30 North America Micro-Inverter Market Outlook, By Connection (2016-2026) (US $MN)
Table 31 North America Micro-Inverter Market Outlook, By Grid-Connected (2016-2026) (US $MN)
Table 32 North America Micro-Inverter Market Outlook, By Stand-Alone (2016-2026) (US $MN)
Table 33 North America Micro-Inverter Market Outlook, By Technology (2016-2026) (US $MN)
Table 34 North America Micro-Inverter Market Outlook, By Wired (2016-2026) (US $MN)
Table 35 North America Micro-Inverter Market Outlook, By Wireless (2016-2026) (US $MN)
Table 36 North America Micro-Inverter Market Outlook, By Sales Channel (2016-2026) (US $MN)
Table 37 North America Micro-Inverter Market Outlook, By Direct (2016-2026) (US $MN)
Table 38 North America Micro-Inverter Market Outlook, By Indirect (2016-2026) (US $MN)
Table 39 North America Micro-Inverter Market Outlook, By Application (2016-2026) (US $MN)
Table 40 North America Micro-Inverter Market Outlook, By Commercial (2016-2026) (US $MN)
Table 41 North America Micro-Inverter Market Outlook, By PV Power Plant (2016-2026) (US $MN)
Table 42 North America Micro-Inverter Market Outlook, By Residential (2016-2026) (US $MN)
Table 43 Europe Micro-Inverter Market Outlook, By Country (2016-2026) (US $MN)
Table 44 Europe Micro-Inverter Market Outlook, By Component (2016-2026) (US $MN)
Table 45 Europe Micro-Inverter Market Outlook, By Hardware (2016-2026) (US $MN)
Table 46 Europe Micro-Inverter Market Outlook, By Services (2016-2026) (US $MN)
Table 47 Europe Micro-Inverter Market Outlook, By Software (2016-2026) (US $MN)
Table 48 Europe Micro-Inverter Market Outlook, By Type (2016-2026) (US $MN)
Table 49 Europe Micro-Inverter Market Outlook, By Single-Phase (2016-2026) (US $MN)
Table 50 Europe Micro-Inverter Market Outlook, By Three-Phase (2016-2026) (US $MN)
Table 51 Europe Micro-Inverter Market Outlook, By Connection (2016-2026) (US $MN)
Table 52 Europe Micro-Inverter Market Outlook, By Grid-Connected (2016-2026) (US $MN)
Table 53 Europe Micro-Inverter Market Outlook, By Stand-Alone (2016-2026) (US $MN)
Table 54 Europe Micro-Inverter Market Outlook, By Technology (2016-2026) (US $MN)
Table 55 Europe Micro-Inverter Market Outlook, By Wired (2016-2026) (US $MN)
Table 56 Europe Micro-Inverter Market Outlook, By Wireless (2016-2026) (US $MN)
Table 57 Europe Micro-Inverter Market Outlook, By Sales Channel (2016-2026) (US $MN)
Table 58 Europe Micro-Inverter Market Outlook, By Direct (2016-2026) (US $MN)
Table 59 Europe Micro-Inverter Market Outlook, By Indirect (2016-2026) (US $MN)
Table 60 Europe Micro-Inverter Market Outlook, By Application (2016-2026) (US $MN)
Table 61 Europe Micro-Inverter Market Outlook, By Commercial (2016-2026) (US $MN)
Table 62 Europe Micro-Inverter Market Outlook, By PV Power Plant (2016-2026) (US $MN)
Table 63 Europe Micro-Inverter Market Outlook, By Residential (2016-2026) (US $MN)
Table 64 Asia Pacific Micro-Inverter Market Outlook, By Country (2016-2026) (US $MN)
Table 65 Asia Pacific Micro-Inverter Market Outlook, By Component (2016-2026) (US $MN)
Table 66 Asia Pacific Micro-Inverter Market Outlook, By Hardware (2016-2026) (US $MN)
Table 67 Asia Pacific Micro-Inverter Market Outlook, By Services (2016-2026) (US $MN)
Table 68 Asia Pacific Micro-Inverter Market Outlook, By Software (2016-2026) (US $MN)
Table 69 Asia Pacific Micro-Inverter Market Outlook, By Type (2016-2026) (US $MN)
Table 70 Asia Pacific Micro-Inverter Market Outlook, By Single-Phase (2016-2026) (US $MN)
Table 71 Asia Pacific Micro-Inverter Market Outlook, By Three-Phase (2016-2026) (US $MN)
Table 72 Asia Pacific Micro-Inverter Market Outlook, By Connection (2016-2026) (US $MN)
Table 73 Asia Pacific Micro-Inverter Market Outlook, By Grid-Connected (2016-2026) (US $MN)
Table 74 Asia Pacific Micro-Inverter Market Outlook, By Stand-Alone (2016-2026) (US $MN)
Table 75 Asia Pacific Micro-Inverter Market Outlook, By Technology (2016-2026) (US $MN)
Table 76 Asia Pacific Micro-Inverter Market Outlook, By Wired (2016-2026) (US $MN)
Table 77 Asia Pacific Micro-Inverter Market Outlook, By Wireless (2016-2026) (US $MN)
Table 78 Asia Pacific Micro-Inverter Market Outlook, By Sales Channel (2016-2026) (US $MN)
Table 79 Asia Pacific Micro-Inverter Market Outlook, By Direct (2016-2026) (US $MN)
Table 80 Asia Pacific Micro-Inverter Market Outlook, By Indirect (2016-2026) (US $MN)
Table 81 Asia Pacific Micro-Inverter Market Outlook, By Application (2016-2026) (US $MN)
Table 82 Asia Pacific Micro-Inverter Market Outlook, By Commercial (2016-2026) (US $MN)
Table 83 Asia Pacific Micro-Inverter Market Outlook, By PV Power Plant (2016-2026) (US $MN)
Table 84 Asia Pacific Micro-Inverter Market Outlook, By Residential (2016-2026) (US $MN)
Table 85 South America Micro-Inverter Market Outlook, By Country (2016-2026) (US $MN)
Table 86 South America Micro-Inverter Market Outlook, By Component (2016-2026) (US $MN)
Table 87 South America Micro-Inverter Market Outlook, By Hardware (2016-2026) (US $MN)
Table 88 South America Micro-Inverter Market Outlook, By Services (2016-2026) (US $MN)
Table 89 South America Micro-Inverter Market Outlook, By Software (2016-2026) (US $MN)
Table 90 South America Micro-Inverter Market Outlook, By Type (2016-2026) (US $MN)
Table 91 South America Micro-Inverter Market Outlook, By Single-Phase (2016-2026) (US $MN)
Table 92 South America Micro-Inverter Market Outlook, By Three-Phase (2016-2026) (US $MN)
Table 93 South America Micro-Inverter Market Outlook, By Connection (2016-2026) (US $MN)
Table 94 South America Micro-Inverter Market Outlook, By Grid-Connected (2016-2026) (US $MN)
Table 95 South America Micro-Inverter Market Outlook, By Stand-Alone (2016-2026) (US $MN)
Table 96 South America Micro-Inverter Market Outlook, By Technology (2016-2026) (US $MN)
Table 97 South America Micro-Inverter Market Outlook, By Wired (2016-2026) (US $MN)
Table 98 South America Micro-Inverter Market Outlook, By Wireless (2016-2026) (US $MN)
Table 99 South America Micro-Inverter Market Outlook, By Sales Channel (2016-2026) (US $MN)
Table 100 South America Micro-Inverter Market Outlook, By Direct (2016-2026) (US $MN)
Table 101 South America Micro-Inverter Market Outlook, By Indirect (2016-2026) (US $MN)
Table 102 South America Micro-Inverter Market Outlook, By Application (2016-2026) (US $MN)
Table 103 South America Micro-Inverter Market Outlook, By Commercial (2016-2026) (US $MN)
Table 104 South America Micro-Inverter Market Outlook, By PV Power Plant (2016-2026) (US $MN)
Table 105 South America Micro-Inverter Market Outlook, By Residential (2016-2026) (US $MN)
Table 106 Middle East & Africa Micro-Inverter Market Outlook, By Country (2016-2026) (US $MN)
Table 107 Middle East & Africa Micro-Inverter Market Outlook, By Component (2016-2026) (US $MN)
Table 108 Middle East & Africa Micro-Inverter Market Outlook, By Hardware (2016-2026) (US $MN)
Table 109 Middle East & Africa Micro-Inverter Market Outlook, By Services (2016-2026) (US $MN)
Table 110 Middle East & Africa Micro-Inverter Market Outlook, By Software (2016-2026) (US $MN)
Table 111 Middle East & Africa Micro-Inverter Market Outlook, By Type (2016-2026) (US $MN)
Table 112 Middle East & Africa Micro-Inverter Market Outlook, By Single-Phase (2016-2026) (US $MN)
Table 113 Middle East & Africa Micro-Inverter Market Outlook, By Three-Phase (2016-2026) (US $MN)
Table 114 Middle East & Africa Micro-Inverter Market Outlook, By Connection (2016-2026) (US $MN)
Table 115 Middle East & Africa Micro-Inverter Market Outlook, By Grid-Connected (2016-2026) (US $MN)
Table 116 Middle East & Africa Micro-Inverter Market Outlook, By Stand-Alone (2016-2026) (US $MN)
Table 117 Middle East & Africa Micro-Inverter Market Outlook, By Technology (2016-2026) (US $MN)
Table 118 Middle East & Africa Micro-Inverter Market Outlook, By Wired (2016-2026) (US $MN)
Table 119 Middle East & Africa Micro-Inverter Market Outlook, By Wireless (2016-2026) (US $MN)
Table 120 Middle East & Africa Micro-Inverter Market Outlook, By Sales Channel (2016-2026) (US $MN)
Table 121 Middle East & Africa Micro-Inverter Market Outlook, By Direct (2016-2026) (US $MN)
Table 122 Middle East & Africa Micro-Inverter Market Outlook, By Indirect (2016-2026) (US $MN)
Table 123 Middle East & Africa Micro-Inverter Market Outlook, By Application (2016-2026) (US $MN)
Table 124 Middle East & Africa Micro-Inverter Market Outlook, By Commercial (2016-2026) (US $MN)
Table 125 Middle East & Africa Micro-Inverter Market Outlook, By PV Power Plant (2016-2026) (US $MN)
Table 126 Middle East & Africa Micro-Inverter Market Outlook, By Residential (2016-2026) (US $MN)

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