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Solar microinverter market growing at 15.54% CAGR by 2022 according to market forecasts

Industrial Market Research

Top players of Solar microinverter market ABB, Chilicon Power, Enphase Energy, Renesola, SMA Solar Technology, and SolarEdge Technologies.

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Solar microinverter market report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts forecast global solar microinverter market to grow at a CAGR of 15.54% during the period 2018-2022.

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Solar microinverters convert direct current (DC) from solar panels into alternate current (AC) of the required frequency.

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The output from several microinverters is later combined and fed to electrical grids to generate power.

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One trend in the Solar microinverter market is increasing deployment of microgrids. According to the solar microinverter market forecast, the increasing deployment of microgrids is one of the key trends in the solar microinverter market.

Several energy sources like biomass, solar, wind, geothermal, and fossil fuels can be coupled in microgrids that can function self-sufficiently.

According to the Solar microinverter market report, one driver in the market is increasing solar energy installation. In the recent times, the solar energy industry has gained significant popularity and has grown sharply due to the initiatives undertaken by governments globally that focus on harnessing renewable energy.

The report, Global Solar Microinverter Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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.

List of Exhibits

Exhibit 01: Parent market
Exhibit 02: Global solar inverter market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition – Inclusions and exclusions checklist
Exhibit 06: Market size 2017
Exhibit 07: Validation techniques employed for market sizing 2017
Exhibit 08: Global – Market size and forecast 2017-2022 ($ millions)
Exhibit 09: Global – Year-over-year growth 2018-2022 (%)
Exhibit 10: Five forces analysis 2017
Exhibit 11: Five forces analysis 2022
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry and more..

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