Description :
‘ Micro inverter ’ is an electronic device used in photovoltaic to transform direct current ( DC ) from solar modules into alternating current ( AC ). These inverters are normally installed on each solar panel separately , to convert the DC power into AC power at the source itself . Additionally , micro inverters are easy to install and have simpler operations compared to string inverters and central inverters . It also does optimal power production by performing maximum power point tracking for its connected module . Moreover , it offers several benefits over traditional inverters such as greater reliability , higher production , and improved safety .
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At present , the world micro-inverter market is driven by its high reliability and efficient performance . As in micro inverter technology each inverter operates independently ; thus , one sheltered or infected panel does not affect the entire system . Moreover , microinverters offer higher safety as compared to conventional inverter technologies . However , high installation cost is one of the key restraints to the market growth . Technological advancements in the field of solar cells to increase efficiency and rise in government spending in renewable energy projects are expected to provide growth opportunities for the market .
The market is segmented on the basis of type , connection , end user , and geography . The type segment is segmented into single- and three-phase micro-invertor . The connection segment is classified into stand-alone and grid-connected . On the basis of end user , it is classified into residential and commercial . Based on geography , it is analyzed across North America ( U . S ., Mexico , and Canada ), Europe ( UK , Germany , France , and rest of Europe ), Asia-Pacific ( China , Japan , India , and rest of Asia-Pacific ), and LAMEA ( Latin America , Middle East , and Africa ).
Major companies profiled in the report include Enphase Energy Inc ., ABB Group , SunPower Corporation , SMA Solar Technology AG , Delta Energy Systems GmbH , SolarEdge Technologies , Inc ., ReneSola , Siemens AG , P & P Energy Technology Co ., Ltd . and Involar .
Purchase a copy of this report @ http :// www . orbisresearch . com / contact / purchase / 220767 . Key Players
Enphase Energy ABB Group SunPower Corporation SMA Solar Technology AG Delta Energy Systems GmbH SolarEdge Technologies , Inc . ReneSola
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