Global Solar Micro Inverter Market is Expected to Grow at a CAGR of 17.2% from 2016 to 2023

Report Sellers has added a new market research report “Solar Micro Inverter - Global Market Outlook (2017-23)” to its offerings.

According to Report, Global Solar Micro Inverter Market is growing at a CAGR of 17.2% from 2016 to 2023. Increasing demand for solar power and usage of data analytics are the key factors driving the market growth. Whereas high initial investment required for installation is hampering the market growth. Among applications, residential applications held the largest market share owing to decrease in the cost of electricity bill. Urban consumers segment accounted for the highest market share because of increasing awareness among the consumers on solar power. North America accounted for the highest market share as adoption rate is high compared to other regions. The Asia Pacific region is expected to grow at a higher CAGR and is anticipated to account for the highest market share during forecast period.

Some of the key players in the market include Alencon Systems, LLC, Altenergy Power System, Inc, Ampt, LLC, Array Power, Chilicon Power, LLC, Delta Energy Systems, Enphase Energy, i-Energy Co., Ltd, KACO New Energy, Inc, Petra Systems, Solantro, SolarEdge Technologies, Inc, Sparq Systems, SunPower Corporation and Tigo Energy.

Browse through the complete description and in-depth TOC on “Global Solar Micro Inverter Market”
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What does the Report Offers

Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends

Report Scope

Global Solar Micro Inverter Market has been segmented by consumers covered, connectivity covered, applications covered and regions covered

Consumers Covered:
Rural
Urban

Connectivity Covered:
Standalone
On-grid

Applications Covered:
Utility
Residential
Commercial

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK 
Spain 
Rest of Europe 
Asia Pacific
Japan 
China 
India 
Australia 
New Zealand 
South Korea
Rest of Asia Pacific 
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE

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