Photovoltaic Inverter Market Notable Participants Are Sungrow Power Supply Co., Ltd., Enphase Energy, Schneider Electric, Tabuchi Electric Co., Ltd., Elettronica Santerno
Favorable regulatory initiatives to promote the use of renewable energy coupled with large scale fund flow toward renewable grid integration will enhance the global photovoltaic (PV) inverter market size. In 2017, over 70% of global photovoltaic industry has been driven by monetary incentives and over 10% through net metering worldwide. Rising stand-alone power demand favored by ongoing development of microgrid infrastructure will further stimulate the industry outlook.
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