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.2 China PPR PIPE Factory 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.Send An Enquiry rep-gb-1766ABOUT US:Future Market Insights (FMI) is a leading market intelligence and consulting firm. 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.Long-term Outlook: The global solar micro inverters market is expected to expand at a CAGR of 16.

The key players contributing to the growth of the global solar micro inverters market include, SMA, Darfon Electronics, ABB, APSytems, Chilicon Power, iEnergy, Enphase, NEP, SunPower, and Sparq Systems among others. Robust adoption of PV storage systems in the U. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. 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. will continue to fuel demand for solar micro inverters in North America, and the region is expected to attain market value of US 282.2% in 2016. However, the use of power optimisers as an alternative to micro inverters can restrain the growth of the global solar micro inverter market.

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. The higher adoption of photovoltaic installations is a key factor driving the growth of the global solar micro inverters market. The growing trade of inexpensive inverters in China and India will boost the demand for solar micro inverters in APEJ region. 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.S.On 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. In 2016, the global solar micro inverters market is anticipated to register a y-o-y growth of 11. 

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