The demand for solar micro inverters is expected to witness a significant upsurge on account of increase in the number of photovoltaic (PV) installations and the need to improve overall system efficiency and safety. wholesale solar power systems The escalating demand for solar micro inverters will continue to penetrate the market for module-level power electronics, owing to falling prices and upcoming products. The growing trade of inexpensive inverters in China and India will boost the demand for solar micro inverters in APEJ region. The U. Over the forecast period, North America and APEJ will continue to be the most profitable regions for the growth of the global market for solar micro inverters.

In 2016, the global solar micro inverters market is anticipated to register a y-o-y growth of 11.2% in 2016.ABOUT US:Future Market Insights (FMI) is a leading market intelligence and consulting firm.Request For Report Sample sample/rep-gb-1766On the basis of system type, the global market for solar micro inverters is expected to be dominated by Stand Alone system sales, followed by micro inverter systems sold for developing AC Modules, named as integrated systems. National Electric Code (NEC) also favours the usage of micro inverter technology and is driving the demand for micro inverters in the North American market.

Due to the varying use of micro inverters across the world, global players are concentrating on regions where awareness about using renewable energy resources is higher. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends. In 2015, the stand alone solar micro inverter systems procured global market share of 96.2 Mn in 2016.2 Mn in terms of market value. Moreover, Asia Pacific excluding Japan (APEJ) is expected to be a lucrative region for the growth of the global market. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature.

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