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A non-renewable inverter is an electronic device which converts low-voltage direct current (DC) to high-voltage alternate current (AC), making it usable by daily appliances powered by a non-renewable power source. Increasing demand for power in all end-user segments, combined with the unreliable and ageing grid infrastructure, creates a demand for ...

27 Mar 2018  |  Global  |  Market Research

Global Renewable Energy Inverters Market, Forecast to 2022

Growing Solar PV Installations in Asia to Drive Inverter Market Growth

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Key Issues Addressed

The rapid expansion of renewables based power generation is expected to play a significant role in the growth of the inverter market in the coming years. The market is expected to grow steadily over the medium term and decline after 2020. The growth will be driven mainly by solar photovoltaic (PV) installations mainly in Asia and North America whic...