Digital Inverter Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2027

 Future Market Insights has analysed various facets of the global market for digital inverters in a new research publication titled “Digital Inverter Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2017–2027)”. The raw data obtained from secondary research has been filtered and arranged in a systematic format with the help of which key insights have been derived. The market is thoroughly analysed to gain intelligence on the various market trends changing the course of the market, the drivers that further the growth of the market, the opportunities that shape the future of the market and the restraints that hinder the growth process of the global digital inverter market.

  • By product type, string inverters segment is estimated to be the largest in terms of value share and is expected to cross US$ 4.2 Bn by the end of the assessment year. This segment is also projected to grow at the fastest rate during the forecast period.
  • By end user, utilities segment is the most lucrative and is expected to soar at a high CAGR of 7.4% during the period of forecast to reach a significant value by the end of the assessment period.
  • By power source, solar inverters are gaining high traction and the solar inverter segment is poised to register a 7.6% CAGR. The battery inverter segment, however, stays ahead in valuation thus dominating the global market.
  • By region, Asia Pacific excluding Japan (APEJ) is the largest region in terms of growth and market value. The digital inverter market in the APEJ region is predicted to soar at a high CAGR of 7.5% during the period of forecast to reach a high valuation of close to US$ 4.5 Bn by the end of the assessment year.

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