Micro Inverter Market Largest Application Share and Forecast Analysis 2025

Posted 2 years ago in BUSINESS.

The Global Micro-Inverter Market Size was valued at USD 2.5 billion in 2020 and is projected to reach USD 6.5 billion by 2025; it is expected to grow at a CAGR of 20.8% from 2020 to 2025.

Micro Inverter Market Largest Application Share and Forecast Analysis 2025

Micro-Inverter is an emerging solar inverter technology. The growing energy and power industry has led to an increasing need for efficient, inexpensive inverter systems over the years. Micro-inverters can efficiently meet this requirement and are currently tested and the most adopted types in the solar sector. The Micro-Inverter Market is likely to witness significant growth in the coming future; a key driving factor is increasing number of residential solar rooftop installations. The Global Micro-Inverter Market Size is projected to grow from USD 2.5 billion in 2020 to USD 6.5 billion by 2025 at CAGR of 20.8% during the forecast period.

Enphase Energy (US), Darfon Electronics (Taiwan), Chilicon Power (US), Altenergy Power System (US), ReneSola (China), and AEconversion (Germany) are some of the key players in Micro-Inverter Market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=43340469

Enphase Energy

Enphase Energy designs, develops, and sells micro-inverter systems for residential and commercial end users in the US and internationally. The company offers its products such as AC modules, micro-inverters, battery energy storage systems, accessories, and supportive software applications. It also provides IQ Envoy—a communication gateway. The portfolio of micro-inverter systems offered by the company consists of IQ 7 series, IQ 6 series, and M250-72.

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=43340469

Darfon Electronics

Darfon Electronics offers micro-inverters through its US-based subsidiary, Darfon Solar. Its product portfolio consists of an extensive range of micro-inverters, storage solutions, and monitoring systems. Darfon Solar offers G640 micro-inverter series. These micro-inverters are well-suited for residential and commercial applications. The company also provides data loggers, Power-line communication (PLC) boxes, and ComBox.

Altenergy Power System

Altenergy Power System, also known as APsystems, is a global company that develops, manufactures, and markets micro-inverters. The micro-inverters offered by the company are based on its proprietary solar technology. APsystems offers advanced solar micro-inverters for use in residential and commercial applications. It offers QS1, YC600, and YC1000 micro-inverters, as well as an energy monitoring & analysis (EMA) web portal and mobile apps to monitor and control the panel-by-panel performance of solar systems.

Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/micro-inverter-market-43340469.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Website: 
https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/ResearchInsight/micro-inverter-market.asp

Comments

Picture


EXPLORE MORE INTEREST