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【English Market Research Report】Global Market for String Inverters

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The global string inverter market was valued at approximately 10.75 billion USD in 2021 and is expected to grow at a healthy growth rate of over 6.6% during the forecast period from 2022 to 2029. String inverters are a crucial component of solar power generation systems that convert the direct current (DC) electricity sent from solar panels into alternating current (AC) electricity needed for household electrical demands. The expansion of the string inverter market is driven by advancements in the renewable energy sector and the increasing number of industrial applications utilizing solar power.

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