NEW YORK, May 30, 2018 /PRNewswire/ — About Solar Microinverter
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.
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Technavio’s analysts forecast the global solar microinverter market to grow at a CAGR of 15.54% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global solar microinverter market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio’s report, Global Solar Microinverter Market 2018-2022, 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
• Chilicon Power
• Enphase Energy
• Renesola
• SMA Solar Technology
• SolarEdge Technologies
Market driver
• Increasing solar energy installation
• For a full, detailed list, view our report
Market challenge
• Rise in wind energy consumption
• For a full, detailed list, view our report
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Market trend
• Increasing deployment of microgrids
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2022 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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Read the full report: https://www.reportlinker.com/p05402786
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