Renewable Energy Surge Propels Microinverter Market Growth
The microinverter market, valued at $7.4 billion in 2023, is poised for substantial growth, with projections estimating a market size of $45.3 billion by 2034. This remarkable expansion, at a CAGR of 17.2% from 2024 to 2034, is fueled by increasing adoption of renewable energy and proactive government measures to mitigate carbon emissions. The Role of Microinverters in Solar Energy Systems...
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