Global Solar Microinverter Market Is Expected To Reach $1.3 Billion By 2030- An Exclusive Market Research Report By Lucintel

By Author: Lucintel LLC
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Lucintel's latest study found that, the future of the global solar microinverter market looks promising with opportunities in the residential and commercial markets. The global solar microinverter market is expected to reach an estimated $1.3 billion by 2030 with a CAGR of 18.5% from 2024 to 2030. The major drivers for this market are increasing embrace of solar energy as a means to decrease carbon emissions and uphold sustainability principles, growing trend of optimizing individual solar panels for enhanced performance, and increasing need for improved effectiveness and dependability.
In this market, hardware and software are the major segments of solar microinverter market by component.
Lucintel forecasts that hardware will remain the larger segment over the forecast period because hardware components encompass the tangible parts within a microinverter unit, including semiconductor devices, capacitors, transformers, and thermal management systems, as well as, it provides high stable energy production, reduces maintenance requirements, and increases customer satisfaction.
Browse in depth TOC of the Solar ...
... Microinverter Market:
100 - Figures
150-Pages
Solar Microinverter Market is marked by presence of several big and small players. Chilicon Power, Enphase Energy, Altenergy Power System, Sunpower Corporation, Darfon Electronics Corporation, Delta Energy Systems, Siemens, Alencon Systems, Renesola, and Enluxsolar are the major suppliers in the solar microinverter market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email roy.almaguer@lucintel.com
Tel. 972.636.5056
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