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The global PV inverter market is expected to grow strongly over
the next five years despite short term headwinds such as higher
semiconductor components costs and higher freight costs. Suppliers
continue to invest in new products to handle higher voltages, be
compatible with higher power modules and interact with increasingly
stringent grid and cybersecurity protocols. Furthermore, the global
solar market continues to grow rapidly in both mature markets such
as China (mainland), India and United States and increasingly in
new emerging markets. Suppliers will need to expand manufacturing
capacity in home markets and in new markets to meet the increased
demand.
Some of the questions answered in this quarterly updated report
are outlined below:
Where are the biggest markets for PV inverters in both shipment
and revenue terms in next five years?
How are PV inverter prices forecast to change throughout
forecast period?
Which new PV inverter power ratings are suppliers releasing and
how quickly will they be adopted?
Which new technology trends are impacting the global inverter
markets?
Who are the main PV inverter suppliers and how do their market
shares vary by region and by geography?
