Table of Content
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF INDIA MICRO INVERTER MARKET
1.4 CURRENCY AND PRICING
1.5 LIMITATIONS
1.6 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 MARKETS COVERED
2.2 GEOGRAPHICAL SCOPE
2.3 YEARS CONSIDERED FOR THE STUDY
2.4 DBMR TRIPOD DATA VALIDATION MODEL
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.6 DBMR MARKET POSITION GRID
2.7 MULTIVARIATE MODELING
2.8 CONNECTION TYPE TIMELINE CURVE
2.9 MARKET CHALLENGE MATRIX
2.1 SECONDARY SOURCES
2.11 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 VALUE CHAIN ANALYSIS
4.2 ECOSYSTEM
4.3 TECHNOLOGY ANALYSIS
4.4 PRICING ANALYSIS
4.5 REGULATIONS
4.6 CASE STUDY
4.6.1 ENPHASE INSTALLED 7X M250 MICRO INVERTERS AND 1X ENVOY-R FOR RESIDENTIAL END USERS AS ENVIRONMENTALLY FRIENDLY SOLAR INVESTMENT
4.6.2 ENPHASE INSTALLED M215 MICRO INVERTERS FOR FAT WEST MEATS (US) COMMERCIAL PROJECT, PROVING THEM BETTER THAN DC OPTIMIZERS
5 MARKET OVERVIEW
5.1 DRIVERS
5.1.1 RISE IN DEMAND FOR RENEWABLE ENERGY ACROSS THE SECTOR
5.1.2 INCREASE IN INSTALLATIONS OF SOLAR PRODUCTS SUCH AS SOLAR PANELS ACROSS THE COUNTRY
5.1.3 TECHNICAL ADVANTAGES OF MICRO INVERTERS OVER CONVENTIONAL SOLAR INVERTERS
5.2 RESTRAINTS
5.2.1 HIGHER INSTALLATION AND MAINTENANCE COSTS OF MICRO-INVERTERS
5.2.2 HIGHER DEPENDENCE ON CONVENTIONAL SOURCES OF ENERGY FOR ELECTRICITY GENERATION
5.3 OPPORTUNITIES
5.3.1 INCREASE IN ACQUISITION AND PARTNERSHIP AMONG VARIOUS ORGANIZATIONS
5.3.2 THE INTEGRATED STRUCTURE OF MICRO INVERTER IS PROVING OPPORTUNITIES FOR MANY MARKET PLAYERS
5.3.3 GROWING GOVERNMENT INITIATIVES FOR USING ALTERNATIVES SOURCE OF ENERGY
5.4 CHALLENGES
5.4.1 RISING ADOPTION OF DC OPTIMIZERS ACROSS THE MARKET
5.4.2 COMPLICATED DESIGN STRUCTURE OF MICRO INVERTER
6 ANALYSIS OF IMPACT OF COVID 19 ON THE MARKET
6.1 AFTERMATH OF COVID-19 AND GOVERNMENT INITIATIVE TO BOOST MARKET GROWTH
6.2 STRATEGIC DECISIONS FOR MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE
6.3 IMPACT ON DEMAND, SUPPLY, AND PRICE
6.4 CONCLUSION
7 INDIA MICRO INVERTER MARKET, BY CONNECTION TYPE
7.1 OVERVIEW
7.2 GRID-TIED
7.2.1 SINGLE INPUT SINGLE OUTPUT (SISO)PLATFORM
7.2.2 MULTI INPUT SINGLE OUTPUT (MISO) PLATFORM
7.3 STAND-ALONE
7.3.1 PURE SINE WAVE
7.3.2 SQUARE WAVE
7.3.3 MODIFIED SINE WAVE
8 INDIA MICRO INVERTER MARKET, BY UTILITY
8.1 OVERVIEW
8.2 RAPID SHUTDOWN
8.3 PANEL-LEVEL MONITORING
8.4 SYSTEM EXPANSION EASE
8.5 MULTIPLE ANGEL INSTALLATION
8.6 HIGHER DURABILITY
8.7 OTHERS
9 INDIA MICRO INVERTER MARKET, BY TYPE
9.1 OVERVIEW
9.2 SINGLE PHASE
9.3 THREE PHASE
10 INDIA MICRO INVERTER MARKET, BY OFFERING
10.1 OVERVIEW
10.2 HARDWARE
10.3 SERVICES
10.4 SOFTWARE
11 INDIA MICRO INVERTER MARKET, BY COMMUNICATION TECHNOLOGY
11.1 OVERVIEW
11.2 WIRED
11.3 WIRELESS
12 INDIA MICRO INVERTER MARKET, BY POWER RATING
12.1 OVERVIEW
12.2 BETWEEN 251 & 500 W
12.3 BELOW 250 W
12.4 ABOVE 500 W
13 INDIA MICRO INVERTER MARKET, BY SALES CHANNEL
13.1 OVERVIEW
13.2 INDIRECT CHANNEL
13.3 DIRECT CHANNEL
14 INDIA MICRO INVERTER MARKET, BY INDUSTRY
14.1 OVERVIEW
14.2 RESIDENTIAL
14.2.1 INDIVIDUAL HOMES
14.2.1.1 RAPID SHUTDOWN
14.2.1.2 PANEL-LEVEL MONITORING
14.2.1.3 SYSTEM EXPANSION EASE
14.2.1.4 MULTIPLE ANGEL INSTALLATION
14.2.1.5 HIGHER DURABILITY
14.2.1.6 OTHERS
14.2.2 APARTMENTS
14.2.2.1 RAPID SHUTDOWN
14.2.2.2 PANEL-LEVEL MONITORING
14.2.2.3 SYSTEM EXPANSION EASE
14.2.2.4 MULTIPLE ANGEL INSTALLATION
14.2.2.5 HIGHER DURABILITY
14.2.2.6 OTHERS
14.2.3 SOCIETIES
14.2.3.1 RAPID SHUTDOWN
14.2.3.2 PANEL-LEVEL MONITORING
14.2.3.3 SYSTEM EXPANSION EASE
14.2.3.4 MULTIPLE ANGEL INSTALLATION
14.2.3.5 HIGHER DURABILITY
14.2.3.6 OTHERS
14.3 COMMERCIAL
14.3.1 RETAIL
14.3.1.1 RAPID SHUTDOWN
14.3.1.2 PANEL-LEVEL MONITORING
14.3.1.3 SYSTEM EXPANSION EASE
14.3.1.4 MULTIPLE ANGEL INSTALLATION
14.3.1.5 HIGHER DURABILITY
14.3.1.6 OTHERS
14.3.2 HOTELS & RESTAURANTS
14.3.2.1 RAPID SHUTDOWN
14.3.2.2 PANEL-LEVEL MONITORING
14.3.2.3 SYSTEM EXPANSION EASE
14.3.2.4 MULTIPLE ANGEL INSTALLATION
14.3.2.5 HIGHER DURABILITY
14.3.2.6 OTHERS
14.3.3 EDUCATIONAL INSTITUTIONS
14.3.3.1 RAPID SHUTDOWN
14.3.3.2 PANEL-LEVEL MONITORING
14.3.3.3 SYSTEM EXPANSION EASE
14.3.3.4 MULTIPLE ANGEL INSTALLATION
14.3.3.5 HIGHER DURABILITY
14.3.3.6 OTHERS
14.3.4 GOVERNMENT INSTITUTIONS
14.3.4.1 RAPID SHUTDOWN
14.3.4.2 PANEL-LEVEL MONITORING
14.3.4.3 SYSTEM EXPANSION EASE
14.3.4.4 MULTIPLE ANGEL INSTALLATION
14.3.4.5 HIGHER DURABILITY
14.3.4.6 OTHERS
14.3.5 HOSPITALS
14.3.5.1 RAPID SHUTDOWN
14.3.5.2 PANEL-LEVEL MONITORING
14.3.5.3 SYSTEM EXPANSION EASE
14.3.5.4 MULTIPLE ANGEL INSTALLATION
14.3.5.5 HIGHER DURABILITY
14.3.5.6 OTHERS
14.3.6 AGRICULTURE
14.3.6.1 RAPID SHUTDOWN
14.3.6.2 PANEL-LEVEL MONITORING
14.3.6.3 SYSTEM EXPANSION EASE
14.3.6.4 MULTIPLE ANGEL INSTALLATION
14.3.6.5 HIGHER DURABILITY
14.3.6.6 OTHERS
14.4 PV POWER PLANTS
14.4.1 ON-GRID
14.4.1.1 RAPID SHUTDOWN
14.4.1.2 PANEL-LEVEL MONITORING
14.4.1.3 SYSTEM EXPANSION EASE
14.4.1.4 MULTIPLE ANGEL INSTALLATION
14.4.1.5 HIGHER DURABILITY
14.4.1.6 OTHERS
14.4.2 OFF-GRID
14.4.2.1 RAPID SHUTDOWN
14.4.2.2 PANEL-LEVEL MONITORING
14.4.2.3 SYSTEM EXPANSION EASE
14.4.2.4 MULTIPLE ANGEL INSTALLATION
14.4.2.5 HIGHER DURABILITY
14.4.2.6 OTHERS
14.4.3 HYBRID
14.4.3.1 RAPID SHUTDOWN
14.4.3.2 PANEL-LEVEL MONITORING
14.4.3.3 SYSTEM EXPANSION EASE
14.4.3.4 MULTIPLE ANGEL INSTALLATION
14.4.3.5 HIGHER DURABILITY
14.4.3.6 OTHERS
15 INDIA MICRO INVERTER MARKET, COMPANY LANDSCAPE
15.1 COMPANY SHARE ANALYSIS: INDIA
16 SWOT ANALYSIS
17 COMPANY PROFILE
17.1 ENPHASE ENERGY
17.1.1 COMPANY SNAPSHOT
17.1.2 REVENUE ANALYSIS
17.1.3 PRODUCT PORTFOLIO
17.1.4 RECENT DEVELOPMENTS
17.2 WAAREE ENERGIES LTD.
17.2.1 COMPANY SNAPSHOT
17.2.2 PRODUCT PORTFOLIO
17.2.3 RECENT DEVELOPMENTS
17.3 FCHOICE SOLAR TECH INDIA PVT LTD
17.3.1 COMPANY SNAPSHOT
17.3.2 PRODUCT PORTFOLIO
17.3.3 RECENT DEVELOPMENT
17.4 P2 POWER SOLUTIONS PVT. LTD.
17.4.1 COMPANY SNAPSHOT
17.4.2 SERVICE PORTFOLIO
17.4.3 RECENT DEVELOPMENT
17.5 SUN SINE SOLUTION PRIVATE LIMITED
17.5.1 COMPANY SNAPSHOT
17.5.2 PRODUCT PORTFOLIO
17.5.3 RECENT DEVELOPMENT
17.6 GRACERENEW.COM
17.6.1 COMPANY SNAPSHOT
17.6.2 PRODUCT PORTFOLIO
17.6.3 RECENT DEVELOPMENTS
17.7 INFINEON TECHNOLOGIES AG
17.7.1 COMPANY SNAPSHOT
17.7.2 REVENUE ANALYSIS
17.7.3 SOLUTION PORTFOLIO
17.7.4 RECENT DEVELOPMENT
17.8 NORDIC (INDIA) SOLUTIONS PVT. LTD
17.8.1 COMPANY SNAPSHOT
17.8.2 PRODUCT PORTFOLIO
17.8.3 RECENT DEVELOPMENT
17.9 360 POWER PRODUCTS
17.9.1 COMPANY SNAPSHOT
17.9.2 PRODUCT PORTFOLIO
17.9.3 RECENT DEVELOPMENT
17.1 SURATEXIM
17.10.1 COMPANY SNAPSHOT
17.10.2 PRODUCT PORTFOLIO
17.10.3 RECENT DEVELOPMENT
17.11 SMA SOLAR TECHNOLOGY AG
17.11.1 COMPANY SNAPSHOT
17.11.2 REVENUE ANALYSIS
17.11.3 PRODUCT PORTFOLIO
17.11.4 RECENT DEVELOPMENT
17.12 SUNSIGHTS SOLAR
17.12.1 COMPANY SNAPSHOT
17.12.2 PRODUCT PORTFOLIO
17.12.3 RECENT DEVELOPMENT
17.13 TEXAS INSTRUMENTS INCORPORATED
17.13.1 COMPANY SNAPSHOT
17.13.2 REVENUE ANALYSIS
17.13.3 SOLUTION PORTFOLIO
17.13.4 RECENT DEVELOPMENT
17.14 U R ENERGY
17.14.1 COMPANY SNAPSHOT
17.14.2 PRODUCT PORTFOLIO
17.14.3 RECENT DEVELOPMENT
18 QUESTIONNAIRE
19 RELATED REPORTS
List of Table
TABLE 1 PRICE RANGE OF SOME MICRO INVERTERS BY COMPANIES IN INDIA:
TABLE 2 INDIA MICRO INVERTER MARKET, BY CONNECTION TYPE, 2020-2029 (USD THOUSAND)
TABLE 3 INDIA MICRO INVERTER MARKET, BY CONNECTION TYPE, 2020-2029 (THOUSAND UNITS)
TABLE 4 INDIA GRID-TIED IN MICRO INVERTER MARKET, BY PLATFORM, 2020-2029 (USD THOUSAND)
TABLE 5 INDIA STAND-ALONE IN MICRO INVERTER MARKET, BY POWER OUTPUT TYPE, 2020-2029 (USD THOUSAND)
TABLE 6 INDIA MICRO INVERTER MARKET, BY UTILITY, 2020-2029 (USD THOUSAND)
TABLE 7 INDIA MICRO INVERTER MARKET, BY TYPE, 2020-2029 (USD THOUSAND)
TABLE 8 INDIA MICRO INVERTER MARKET, BY OFFERING, 2020-2029 (USD THOUSAND)
TABLE 9 INDIA MICRO INVERTER MARKET, BY COMMUNICATION TECHNOLOGY, 2020-2029 (USD THOUSAND)
TABLE 10 INDIA MICRO INVERTER MARKET, BY POWER RATING, 2020-2029 (USD THOUSAND)
TABLE 11 INDIA MICRO INVERTER MARKET, BY SALES CHANNEL, 2020-2029 (USD THOUSAND)
TABLE 12 INDIA MICRO INVERTER MARKET, BY INDUSTRY, 2020-2029 (USD THOUSAND)
TABLE 13 INDIA RESIDENTIAL IN MICRO INVERTER MARKET, BY TYPE, 2020-2029 (USD THOUSAND)
TABLE 14 INDIA INDIVIDUAL HOMES IN MICRO INVERTER MARKET, BY UTILITY, 2020-2029 (USD THOUSAND)
TABLE 15 INDIA APARTMENTS IN MICRO INVERTER MARKET, BY UTILITY, 2020-2029 (USD THOUSAND)
TABLE 16 INDIA SOCIETIES IN MICRO INVERTER MARKET, BY UTILITY, 2020-2029 (USD THOUSAND)
TABLE 17 INDIA COMMERCIAL IN MICRO INVERTER MARKET, BY TYPE, 2020-2029 (USD THOUSAND)
TABLE 18 INDIA RETAIL IN MICRO INVERTER MARKET, BY UTILITY, 2020-2029 (USD THOUSAND)
TABLE 19 INDIA HOTELS & RESTAURANTS IN MICRO INVERTER MARKET, BY UTILITY, 2020-2029 (USD THOUSAND)
TABLE 20 INDIA EDUCATIONAL INSTITUTIONS IN MICRO INVERTER MARKET, BY UTILITY, 2020-2029 (USD THOUSAND)
TABLE 21 INDIA GOVERNMENT INSTITUTIONS IN MICRO INVERTER MARKET, BY UTILITY, 2020-2029 (USD THOUSAND)
TABLE 22 INDIA HOSPITALS IN MICRO INVERTER MARKET, BY UTILITY, 2020-2029 (USD THOUSAND)
TABLE 23 INDIA AGRICULTURE IN MICRO INVERTER MARKET, BY UTILITY, 2020-2029 (USD THOUSAND)
TABLE 24 INDIA PV POWER PLANTS IN MICRO INVERTER MARKET, BY TYPE, 2020-2029 (USD THOUSAND)
TABLE 25 INDIA ON-GRID IN MICRO INVERTER MARKET, BY UTILITY, 2020-2029 (USD THOUSAND)
TABLE 26 INDIA OFF-GRID IN MICRO INVERTER MARKET, BY UTILITY, 2020-2029 (USD THOUSAND)
TABLE 27 INDIA HYBRID IN MICRO INVERTER MARKET, BY UTILITY, 2020-2029 (USD THOUSAND)
List of Figure
FIGURE 1 INDIA MICRO INVERTER MARKET: SEGMENTATION
FIGURE 2 INDIA MICRO INVERTER MARKET: DATA TRIANGULATION
FIGURE 3 INDIA MICRO INVERTER MARKET: DROC ANALYSIS
FIGURE 4 INDIA MICRO INVERTER MARKET: REGIONAL VS COUNTRY MARKET ANALYSIS
FIGURE 5 INDIA MICRO INVERTER MARKET: COMPANY RESEARCH ANALYSIS
FIGURE 6 INDIA MICRO INVERTER MARKET: INTERVIEW DEMOGRAPHICS
FIGURE 7 INDIA MICRO INVERTER MARKET: DBMR MARKET POSITION GRID
FIGURE 8 INDIA MICRO INVERTER MARKET: SEGMENTATION
FIGURE 9 RISE IN DEMAND OF RENEWABLE ENERGY ACROSS THE SECTOR IS EXPECTED TO DRIVE THE INDIA MICRO INVERTER MARKETIN THE FORECAST PERIOD OF 2022 TO 2029
FIGURE 10 GRID-TIED SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF INDIA MICRO INVERTER MARKETIN 2022 & 2029
FIGURE 11 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF INDIA MICRO INVERTER MARKET
FIGURE 12 GLOBAL CUMULATIVE PV INSTALLATION, BY REGION (2020)
FIGURE 13 INDIA MICRO INVERTER MARKET: BY CONNECTION TYPE, 2021
FIGURE 14 INDIA MICRO INVERTER MARKET: BY UTILITY, 2021
FIGURE 15 INDIA MICRO INVERTER MARKET: BY TYPE, 2021
FIGURE 16 INDIA MICRO INVERTER MARKET: BY OFFERING, 2021
FIGURE 17 INDIA MICRO INVERTER MARKET: BY COMMUNICATION TECHNOLOGY, 2021
FIGURE 18 INDIA MICRO INVERTER MARKET: BY POWER RATING, 2021
FIGURE 19 INDIA MICRO INVERTER MARKET: BY SALES CHANNEL, 2021
FIGURE 20 INDIA MICRO INVERTER MARKET: BY INDUSTRY, 2021
FIGURE 21 INDIA MICRO INVERTER MARKET: COMPANY SHARE 2021 (%)