String Inverter Market Size, Share, Trend, Forecast, & Industry Analysis – 2023-2028.
The global string inverter market is estimated to grow from USD 11.12 billion in 2022 to USD 16.23 billion by 2028 at a CAGR of 6.4% during the forecast period.String inverters are special types of inverters that are used to convert direct current into alternating current. They are deployed for various applications in commercial and industrial sectors.