Inverter, also called inverter power supply, is a converter device that converts DC power into AC power. Photovoltaic inverter refers to the inverter used in solar photovoltaic power generation systems. It is an electronic device that converts the DC power generated by solar cell modules into AC power with adjustable frequency. It can be fed back to the commercial power transmission system or supplied to off-grid power. Grid usage.
From the perspective of transaction volume, according to GMI (Global Market Insights) data, the global photovoltaic inverter market size will be US$19.176 billion in 2021, and the annual compound growth rate is expected to exceed 5.3% during 2022-2028. In 2028, the global photovoltaic inverter market will be The machine market size will reach US$27.776 billion. Photovoltaic inverters convert the output variable DC power of solar panels into AC power that can be used by household appliances. They are one of the most critical components in solar power generation systems and meet the current market demand for clean energy and sustainable energy.
Driven by favorable policies, the development of my country’s photovoltaic inverter industry has ushered in good opportunities, and the demand for downstream applications of photovoltaic inverters has further increased. According to Frost & Sullivan data, in 2021, against the background of the global photovoltaic inverter market size of 210,400 MW, my country’s photovoltaic inverter market shipments accounted for 31.1% of the world’s total shipments, far exceeding the rest of the world. country or region. As the photovoltaic industry further develops and matures, it is expected that my country’s photovoltaic inverter market shipments will continue to increase in the future.
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Post time: Oct-26-2023