String Inverter Market Revenue Share Analysis, Region & Country Forecast, 2030
String Inverter Market Overview: String Inverter Market is projected to grow at a CAGR of 8.35% during the forecast period 2022 - 2030. Easy installation & customization is expected to drive the global market. String inverters are an array of solar panels attached to a device for storing and capturing energy. Ease of maintaining the setup in extreme temperatures can drive its demand. The report on the global string inverter market by Market Research Future (MRFR) covers trends in manufacturing and opportunities for the industry for the forecast period (2022-2030). The effects of the COVID-19 pandemic on the market value are discussed in high detail. COVID-19 Impact Analysis The string inverter market growth can be stunted by the COVID-19 pandemic owing to halt in investments in renewable energy projects and low purchasing power of industries. Low procurement of copper wires owing to lockdowns initiated by governments to curb infection rates will also affect market value...