Solar Inverter Market Size, Share, Growth, Trends, Demand, Assessment by 2030
Introduction
Encompasses devices that convert the DC electricity generated by solar panels into AC electricity suitable for use in homes and businesses.
The market for solar inverters was estimated to be worth USD 12.15 billion in 2021.
Over the course of the forecast period (2022–2030), the sector is expected to increase at a compound annual growth rate (CAGR) of 5.70%, from USD 12.84...
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