Market Outlook of PV Inverter to Exhibit Substantial Growth Globally During the Forecast of 2016-2021
No of Pages – 115 Publishing Date - December , 2016
Browse detailed TOC , Tables , Figures , and Charts in Global Serial Device Server Consumption 2016 Market Research Report at : http :// www . marketresearchhub . com / report / global-pv-inverter-market-outlook-2016-2021-report . html
The global market of PV inverters is the focus of a new study report , added to the vast portfolio of Market Research Hub ( MRH ). The title of the report is “ Global PV Inverter Market Outlook 2016-2021 ” which provides a detailed analysis of the global market by covering the major regions such as North America , Asia-Pacific , Europe , the Middle East , Africa and Rest of the world . This study also encapsulates the prime technological and market trends that are driving the growth of the market . Additionally , it also analyzes the factors impacting the supply and demand of PV inverters in the global market . According to PV Inverter Market Report , revenue growth in the inverter space has been driven largely by the emerging market in Asia such as China , Japan and India . Demand for PV inverters is continuing to shift from the established European markets of Germany and Italy , which was previously accounted for much of the market . It has also been studied that , as of 2015 , over 600 million residents in Africa have poor electricity access . Thus , increasing off-grid electricity demand and rising need for clean and unfailing electricity will contribute towards the industry growth .