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NEW YORK, April 8, 2021 /PRNewswire/
Technavio has announced its latest market research report titled Solar Hybrid Inverter Market by End-user and Geography - Forecast and Analysis 2021-2025
Solar hybrid inverter market is poised to grow by $ 76.44 million during 2021-2025 progressing at a CAGR of over 10%, owing to the rise in solar energy installations, supportive governmental regulations, and reduction in LCOE of solar power generation.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. Furthermore, this research analysis offers insights on impact of key factors promoting and impeding the market growth at present as well as in the forthcoming years. In addition, if interested in knowing more about the innovative strategies adopted by ABB Ltd., Delta Electronics Inc., Flin Technologies Pvt. Ltd., Growatt New Energy Technology Co. Ltd., KACO new energy, to stre