'Power optimizer market participants' presentation slideshows

Solar Microinverter & Power Optimizer Market size anticipated to grow at over 25% CAGR from 2016 to 2023

Solar microinverter & power optimizer market size was valued over USD 300 million in 2013 and is likely to grow at a CAGR of over 25% from 2016 to 2023 and exceed USD 2 billion. It is also referred as module-level power electronics (MLPEs) market. Rising needs to enhance energy obtained by solar PV modules is estimated to drive industry demand over the forecast period. It also aids in condition or converting power at module level and enables in dropping the levelized electricity cost. Thus, these features offered are anticipated to propel industry growth over the forecast years.

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