[English Market Research Report] Global Market for Microinverters
Product ID: 1235943 Publisher: Stratistics Market Research Consulting
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According to Stratistics MRC, the global market for microinverters was valued at $3.76 billion in 2022 and is projected to reach $12.92 billion by 2028, growing at a CAGR of 22.8% during the forecast period. Unlike traditional inverters that are installed away from the solar panel array, microinverters have many technical advantages compared to other types of solar microinverters, such as string and central inverters. This microgrid tie inverter has the capability to control and monitor multiple solar panels simultaneously. Additionally, by being installed under the solar panels, it can provide stable power supply even when the solar panels are shaded, earning high praise from end users. According to the Solar Power Europe report "Global Market Outlook for Solar Power/2020-2024," in 2019, many countries installed over 1GW of solar panels, with installations dropping from 11GW in 2018 to 5GW in the same year.
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Publication Date: March 3, 2023 Publisher: Stratistics Market Research Consulting Page Information: English 175+ Pages Table of Contents Chapter 1 Executive Summary Chapter 2 Preface Chapter 3 Market Trend Analysis Chapter 4 Porter's Five Forces Analysis Chapter 5 Global Market for Microinverters: By Type Chapter 6 Global Market for Microinverters: By Connection Type Chapter 7 Global Market for Microinverters: By Component Chapter 8 Global Market for Microinverters: By Communication Technology Chapter 9 Global Market for Microinverters: By Application Chapter 10 Global Market for Microinverters: By Region Chapter 11 Key Developments Chapter 12 Company Profiles *The table of contents and prices for this report are as of the time of publication. For the latest information, please contact us.*
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Market research reports are informational documents systematically describing market size and trends, based on investigations and analyses of market and technology trends conducted by overseas research publishing companies. In addition to quantitative data such as market trend analysis and future forecasts, they also include details on the strategies of various companies and profiles of entering firms, which our customers utilize as part of their research on overseas markets and new technologies.
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