Global Solar Inverter Market: Size & Forecast Impact Analysis of COVID-19 and Forecast up to 2028

The report provides insight into the solar inverter market based on the geographical operations, namely North America, Europe, Asia Pacific, and Rest of the World.
DELHI, India - June 5, 2023 - PRLog -- A solar PV inverter is a power inverter that converts electricity from a photovoltaic (PV) solar panel in direct current (DC) to alternating current (AC) at utility frequency. This can be utilized for residential and business electrical grids, as well as a local off-grid electrical network like micro grids. Upgrades to solar inverters can help 1) improve DC-AC power conversion efficiency, and 2) maximize solar power output. All else being equal for a solar system, upgrades to solar inverters can help increase solar power generation by 5-10%. In 2022, the global solar inverter market was valued at US$11.49 billion, and is probable to reach US$21.34 billion by 2028.

Scope of the Report

-- An in-depth analysis of the global solar inverter market by value, by demand, by type, by phase, by connection type, by end user, etc.

-- The regional analysis of the solar inverter market, including the following regions:

North America (The US, Canada and Mexico)
Asia Pacific (China, Japan, India, South Korea and Rest of Asia Pacific)
Europe (Germany, UK, Spain, France, Italy and Rest of Europe)
Rest of the World

-- Comprehensive information about emerging markets. This report analyses the market for various segments across geographies.

-- Provides an analysis of the COVID-19 impact on the global solar inverter market, with post COVID impact analysis.

-- Assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall solar inverter market has also been forecasted for the period 2023-2028, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.

-- Evaluation of the potential role of solar inverter to improve the market status.

-- Identification of new technological developments, R&D activities, and collaborations occurring in the solar inverter market.

-- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

-- The in-depth analysis provides an insight into the market, underlining the growth rate and opportunities offered in the business.

For further details, kindly visit :

Rajeev Kumar

(Business Development Manager)

Address:  36 SFS Flats

Paschim Vihar

New Delhi-110063

Mobile: +91-9811715635

Tel: +91-120-4553017

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Rajeev Kumar
+91- 9811715635
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