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Inverter Market

Micro inverter marketu00a0is projected to reach $2.7 billion by 2022, growing at a CAGR of 27.3% from 2016-2022.u00a0In 2014, North America dominated the market and contributed about 45% share of the overall market revenue, followed by Europe. The presence of key market players in the U.S. and rising micro inverter installation activities, primarily in residential sector, have fueled the market growth.<br>

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Inverter Market

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  1. Micro inverter market Micro inverter marketis projected to reach $2.7 billion by 2022, growing at a CAGR of 27.3% from 2016-2022. In 2014, North America dominated the market and contributed about 45% share of the overall market revenue, followed by Europe. The presence of key market players in the U.S. and rising micro inverter installation activities, primarily in residential sector, have fueled the market growth.

  2. KEY BENEFITS OF MICRO INVERTER MARKET • The study provides an in-depth analysis of the world micro inverter market to elucidate the prominent investment pockets in the market. • Current and future trends are outlined to determine the overall market scenario and to single out profitable trends to gain a stronger foothold in the market • The report provides information regarding key drivers, restraints, and opportunities with impact analysis • Geographically, the market is analyzed based on four regions namely, North America, Europe, Asia-Pacific, and LAMEA  • Analysis of value chain is conducted for better understanding of the role of intermediaries

  3. Micro Inverter Market Key findings of the study: • In 2014, single phase micro inverter type led the overall micro inverter market revenue, but it is projected to grow at a CAGR of 26.2% during the forecast period • Residential segment is expected to exhibit rapid growth, owing to the rising government tariffs and incentives • Presently, North America leads the world micro inverter market and it is expected to continue this trend throughout the forecast period owing to the swift rise in electricity demand from countries such as U.S., Canada, and Mexico • Japan leads the overall Asia-Pacific micro inverter market with about one-third of the market shares in the region

  4. The key players in the micro inverter market are:- • 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.

  5. About Us • Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain. • Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

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