Global micro-inverter market has huge development space

According to the report “Photovoltaic Micro-Inverter and Power Optimizer Global Markets - 2013 Edition”, with the strong growth in demand in overseas markets in the next four years, micro-inverter sales are expected to increase fourfold.

According to the report, micro-inverters are being widely used in other markets outside the United States, as new markets cannot wait to utilize their improved efficiency and functionality compared to traditional inverters.

According to the report, global photovoltaic micro-inverter shipments in 2017 will increase from about 500 MW in 2013 to 2.1 GW.

“The micro-inverter can convert the direct current of a single solar module into alternating current. Although it is more expensive than traditional inverters, the micro-inverter can increase the system compared to conventional central inverters that convert multiple solar panel currents. Acquired energy."

Until now, the demand for micro-inverters is mostly limited to the residential market in the United States. However, this demand is shifting to other areas of commercial solar energy systems.

"The use of micro-inverters in the United States is very high, especially in the residential market, and its 2013 penetration rate can be as high as 40% or more." Cormac Gilligan, an analyst at IHS photovoltaic market, said, "However, in order to increase or maintain its market share, micro Inverter suppliers are doing their utmost to explore new areas where the technology is not currently being used, and at the same time, the advantages of micro-inverters, including higher energy production, enhanced safety, and component-level monitoring capabilities, make them in commercial photovoltaic systems. Especially in smaller projects."