United States Solar Microinverter (Single Phase and Three Phase) Markets, Competition, Forecast & Opportunities, 2016-2021 & 2022-2026 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “United States Solar Microinverter Market By Type (Single Phase and Three Phase), By Connectivity (Integrated, Standalone), By Application (Residential, Commercial, PV Power Plant), By Sales Channel, By Region, Competition, Forecast & Opportunities, 2026” report has been added to ResearchAndMarkets.com’s offering.
United States solar microinverter market is expected to grow at a formidable rate during the forecast period
The United States solar microinverter market is driven by significant reduction in the costs of microinverters. Moreover, on account of its compact size as well as versatility, the solar micro inverter market is expected to receive enormous boost during the next five years.
Additionally, surging installations of solar products such as solar panels, is further bolstering the market growth in the country. However, growing adoption of DC optimizer is expected to hinder the United States solar micro inverter market’s growth over the forecast period.
The United States solar microinverter market is segmented based on type, connectivity, application, sales channel, company and region. In terms of connectivity, the market is segmented into integrated and standalone.
Among them, integrated connectivity segment occupied the leading share in United States solar micro inverter market until 2020 and is estimated to maintain its lead during the coming years as well specifically due to their cost-effectiveness and ease of installation.
Based on type, the single-phase segment is expected to hold the largest size of the market, during the forecast period. This can be attributed to the fact that single-phase technology allows the system to have a compact size, that is well suitable for residential and commercial applications.
Major players operating in the United States solar microinverter market include Enphase Energy, Altenergy Power System, Chilicon Power, SunPower, Siemens, Envertech, ReneSola, Darfon Electronics, AEconversion, ABB and others.
The key market players are adopting some competitive strategies such as mergers & acquisitions, partnership, agreements, new product developments in order to expand their geographic reach and to increase their customer basis.
Objective of the Study:
- To analyze and estimate the market size of United States solar microinverter market from 2016 to 2019.
- To estimate and forecast the market size of United States solar microinverter market from 2020 to 2026 and growth rate until 2026.
- To classify and forecast United States solar microinverter market based on type, connectivity, application, sales channel, company and regional distribution.
- To identify dominant region or segment in the United States solar microinverter market.
- To identify drivers and challenges for United States solar microinverter market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States solar microinverter market.
- To identify and analyze the profile of leading players operating in United States solar microinverter market.
- To identify key sustainable strategies adopted by market players in United States solar microinverter market.
Report Scope:
Years considered for this report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022-2026
United States Solar Microinverter Market, By Type
- Single Phase
- Three Phase
United States Solar Microinverter Market, By Connectivity
- Integrated
- Standalone
United States Solar Microinverter Market, By Application
- Residential
- Commercial
- PV Power Plant
United States Solar Microinverter Market, By Sales Channel
- Direct
- Indirect
United States Solar Microinverter Market, By Region
- North-East
- Mid-West
- West
- South
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in United States solar microinverter market.
- Enphase Energy
- Altenergy Power System
- Chilicon Power
- SunPower
- Siemens
- Envertech
- ReneSola
- Darfon Electronics
- AEconversion
- ABB
For more information about this report visit https://www.researchandmarkets.com/r/a5g2e7
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