COVID-19 Impact on Global PV Inverter Market

1. PV Inverter Market Size & Analysis - Forecasts to 2026 The findings evaluated by GME implied that the Global PV Inverter Market will grow with a 5.2 percent CAGR from 2021 to 2026. The growing number of solar installations and increasing investments for the clean energy network are some of the key factors driving demand growth in the coming years. Browse 157 Market Data Tables and 117 Figures spread through 187 Pages and in-depth TOC on "Global PV Inverter Market - Forecast to 2026." https://www.globalmarketestimates.com/market-report/global-pv-inverter-market-2930 By Product (Micro PV Inverter, Central PV Inverter, String PV Inverter, Others), By Power Class (Three Phase, Single Phase), By Connectivity (Stand-alone, On-Grid), By End-Use (Residential, Utilities, Commercial & Industrial), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis Key Market Insights The special functions of solar power inverters are modified for use with photovoltaic arrays, like maximum power point monitoring and anti-island defense. The growing demand for sustainable energy due to high energy consumption is anticipated to boost market growth in the upcoming years The growing investment in the production of large-scale solar PV infrastructure will boost the outlook for the industry throughout the coming years. The utility segment is anticipated to boost market share as well as grow during the expected timeframe at a high CAGR pace. In 2019, the central PV inverter sector accounted for the largest revenue share In terms of sales, the Asia-Pacific region holds the leading market position as well as demonstrate a substantial CAGR rate over the projected timeframe. ABB, SunPower, Siemens Energy, Eaton, Power Electronics S.L., SMA Solar Technology AG, Delta Electronics Inc., OMRON Corporation, TBEA, Emerson Electric Co., General Electric, and Hitachi Hi-Rel Power Electronics Private Limited, among others are the prime players that compete in the market. Browse the Report @ https://www.globalmarketestimates.com/market-report/global-pv-inverter-market- 2930

2. Product Outlook (Revenue, USD Billion, 2021-2026) Micro PV Inverter Central PV Inverter String PV Inverter Others Power Class Outlook (Revenue, USD Billion, 2021-2026) Single-Phase Three-Phase Connectivity Outlook (Revenue, USD Billion, 2021-2026) Stand-alone On-Grid End-Use Outlook (Revenue, USD Billion, 2021-2026) Commercial& Industrial Utilities Residential Regional Outlook (Revenue, USD Billion, 2021-2026) North America The U.S. Canada Mexico Europe Germany UK France Spain Italy Rest of Europe Asia Pacific

3. China India Japan South Korea Australia Rest of APAC Central & South America Brazil Argentina Rest of CSA Middle East & Africa Saudi Arabia UAE Rest of MEA Contact: Tracy Simon Email address: tracy.simon@globalmarketestimates.com Phone Number: +16026667238 Website: https://www.globalmarketestimates.com/ Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php