PV Inverter Global Market Report 2023: Regulation on Energy Efficiency Driving PV Inverter Demand - ResearchAndMarkets.com
The global PV inverter market is expected to grow at a CAGR of 13.54% during 2022 to 2028.
- The global PV inverter market is expected to grow at a CAGR of 13.54% during 2022 to 2028.
- The PV inverter market is pivotal in this era, where sustainable living and eco-friendly energy apply to most electrical appliances.
- The 2021 Europe commission introduced a new Energy Efficiency Directive to promote energy efficiency and achieve energy savings from climate change.
- The global PV inverter market product type includes string, central, micro, and others, and in 2022, string inverters accounted for most of the global PV inverter market share.