While harnessing the power of the sun is something that has been in practice since a long time, the utilization of solar energy today has become the need of the hour. This is due to the excessive consumption of conventional resources for generating energy and their adverse effects on the environment. For example, in the U.S., solar energy is responsible for about 1.6% of the total energy generation. Furthermore, there are more than 1.47 million solar panels that are in use around 48 states in the country, as per satellite machine learning from Stanford researchers.


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Because of this high adoption of solar energy all across the globe, the demand for solar micro inverters is growing as well. Much like string inverters, solar micro inverters convert the direct current (DC) electricity produced by solar panels to alternating current (AC) energy that is utilized by electronics. However, unlike string inverters, which convert electricity from big groups of panels at once, micro inverters convert electricity from one or two panels at a time. Since these inverters are concentrated on one or two panels rather than 100, the output is enhanced, and these inverters are known to increase the efficiency by 5–25%.


Ascribed to all these factors, the global solar micro inverters market is expected to progress at a rapid pace in the years to come. Two types of solar micro inverters are integrated and stand-alone. In the past, the demand for stand-alone inverters was higher because of their lower price. This being said, the demand for integrated solar micro inverters is projected to grow in the coming years significantly, which is owing to their reducing prices, growing product launches, rising number of strategic partnerships, and increasing focus of major companies in the domain towards integrated module systems.


Other than this, Asia-Pacific (APAC) is expected to emerge as the fastest growing solar micro inverters market in the years to come. The major reasons for this are the high requirement for power supply, increasing PV installations in China, enhanced device features, improved efficiency, and considerable reduction in the prices of micro inverters. China is predicted to lead the regional domain, which is ascribed to the government support for the promotion of solar and wind energy.