Solar Micro Inverter Market Is Likely to Witness a Healthy CAGR Growth of 16.6% Throughout 2016-2026
The demand for solar micro inverters is expected to witness a significant upsurge on account of increase in the number of photovoltaic (PV) installations and the need to improve overall system efficiency and safety. In 2016, the global solar micro inverters market is anticipated to register a y-o-y growth of 11.4% over 2015, and reach US$ 488.2 Mn in terms of market value. The escalating demand for solar micro inverters will continue to penetrate the market for module-level power electronics,...
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