Global PV Micro Inverters Market Anticipated to Surge at a Notable CAGR of 15% During 2017 - 2022
With the rising demand for off-grid electricity, the global market for PV microinverters is witnessing a tremendous rise. Analysts have studied that the rise in micro inverters market share, especially in the overall photovoltaic (PV) inverter market can be attributed to improved efficiency and higher power output. Over the coming years, the rising installations of PVs, growing preference for integrated products, and the escalating number of AC Modules are projected to fuel the demand for PV micro inverters across the...
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