Global Market for MLPEs to Exceed $1 Billion in 2019, IHS Says

Multimedia
Dateline City:
LONDON, UK
Contacts
All Industries
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Technology
Lee Graham, +1 212 333 4983
lee.graham@ihs.com

LONDON, UK (September 8, 2015) – The global market for module-level power electronics (MLPEs), which includes photovoltaic (PV) microinverters and power optimizers, is forecast to grow at a compound annual growth rate (CAGR) of 19 percent per year to reach more than $1 billion in 2019. According IHS (IHS), the leading global source of critical information and insight, Enphase led the microinverter market in 2014, due to the company’s large residential market share in the United States and continued expansion into new markets in Europe and Asia-Pacific (APAC).

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