Global Solar Microinverter and Power Optimizer Market Research Report 2021

A Solar Microinverter and Power Optimizer are plug-and-play devices used in photovoltaics, that convert direct current (DC) generated by a single solar module to alternating current (AC).
Solar Microinverters and Power Optimizers carry out the same task within a solar panel system as they convert direct current (DC) energy into the alternate current (AC) energy that can be used in home. Both of them can monitor the performance of individual solar panels, rather than the solar panel system as a whole. Microinverters and power optimizers improve performance for solar panels on complicated roofs, or roofs that experience marginal shading during the day.

Market Analysis and Insights: Global Solar Microinverter and Power Optimizer Market
The global Solar Microinverter and Power Optimizer market was valued at US$ 598.5 million in 2019 and it is expected to reach US$ 1179 million by the end of 2026, growing at a CAGR of 10.0% during 2021-2026.

Global Solar Microinverter and Power Optimizer Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Solar Microinverter and Power Optimizer Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Solar Microinverter
Power Optimizer

Segment by Application
Residential
Commercial
Utility
Others

By Company
SolarEdge Technologies
Enphase Energy
Tigo Energy
Altenergy Power System
SunPower Corporation
Ampt
Delta Energy Systems
KACO New Energy
Array Power
Solantro

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E