Global Micro Inverter Market was valued US$ 2.54 Bn in 2018 and is expected to reach US$ 10.25 Bn by 2026 at a CAGR of 19.05% during the forecast period.
Factors driving the growth of micro inverters market are increasing consumer preference towards greater efficiency of solar power systems, rising electricity demand, increasing government investments and tariffs on photovoltaic technology and growing applications in the residential sector.
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