Thus far, the landscape has been dominated by a few players — Enphase Energy and SolarEdge Technologies, with Tigo Energy a distant third – accounting for 88% of capacity shipped in 2013. Yet, new players are joining every day, many with significant venture or private backing. At the end of 2013, the distributed optimization market had been fueled by over $600 million of venture and public capital – not including internal corporate development – even though it still accounts for just 2.5% of the overall PV market. While the growth of the space has surpassed expectations, it remains one of the most hotly contested sectors in solar: skeptics still dismiss the overall value of the products, while the bulk of industry discussion has turned to where, and how much, the sector will evolve.
At over 130 pages, this new report describes the MLPE market’s transition into its second chapter. In it, incumbent companies are initiating growth strategies as a new group of well-funded competitors enter the space. The report analyzes the value proposition and cost-benefits of module-level power electronics, provides a competitive landscape of the market, and forecasts growth globally and by region.
Companies profiled in the report include:
Ampt | APS | Draker / Solar Power Technologies | Empower Micro | Enphase Energy | Enecsys | I-Energy | LG Electronics | Petra Solar | Power-One | ReneSola | SMA | SolarBridge | SolarEdge | Sparq Systems | Tigo Energy | Volterra Semiconductors / Maxim Integrated