Global Solar Microinverter Market Trends, Drivers, Challenges & Forecasts 2018-2022, with an Expected CAGR of 15.54% - ResearchAndMarkets.com

DUBLIN--()--The "Global Solar Microinverter Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The analysts forecast the global solar microinverter market to grow at a CAGR of 15.54% during the period 2018-2022.

Solar microinverters convert direct current (DC) from solar panels into alternate current (AC) of the required frequency. The output from several microinverters is later combined and fed to electrical grids to generate power.

One trend in the market is increasing deployment of microgrids. According to the solar microinverter market forecast, the increasing deployment of microgrids is one of the key trends in the solar microinverter market. Several energy sources like biomass, solar, wind, geothermal, and fossil fuels can be coupled in microgrids that can function self-sufficiently.

One driver in the market is increasing solar energy installation. In the recent times, the solar energy industry has gained significant popularity and has grown sharply due to the initiatives undertaken by governments globally that focus on harnessing renewable energy.

The report states that one challenge in the market is rise in wind energy consumption. Countries worldwide are shifting their focus toward the use of renewable sources to produce power because of depleting conventional sources of energy such as fossil fuels and growing concerns about GHG emissions.

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

  • Americas
  • APAC
  • EMEA

Companies Mentioned

  • ABB
  • Chilicon Power
  • Enphase Energy
  • Renesola
  • SMA Solar Technology
  • SolarEdge Technologies

Key Topics Covered:

1: Executive Summary

2: Scope Of The Report

3: Research Methodology

4: Market Landscape

5: Market Sizing

6: Five Forces Analysis

7: Customer Landscape

8: Market Segmentation By End-User

9: Regional Landscape

10: Decision Framework

11: Drivers And Challenges

12: Market Trends

13: Vendor Landscape

14: Vendor Analysis

15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/tmcj67/global_solar?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Solar Power

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Solar Power