India Solar Inverter Market Synopsis
Solar Inverter Market in India grew at a considerable rate during the period 2016-2019 as a result of several government efforts to improve the share of solar power in the country’s energy generation mix such as the National Solar Mission by the Government of India targeting 100 GW solar energy by the year 2022.
According to 6Wresearch, India Solar Inverter Market size is projected to grow at CAGR of 14.4% during 2020-2026. Increasing environmental awareness, financial support from the government in the form of subsidies, new initiatives, and targets for renewable energy launched by the Ministry of New and Renewable Energy (MNRE) would further drive the solar inverter market revenues in India over the coming years.
Key Highlights of the Report
- India Solar Inverter Market Overview
- India Solar Inverter Market Outlook
- India Solar Inverter Market Forecast
- India Solar Inverter Market Share, By Regions
- India Solar Inverter Market Size and India Solar Inverter Market Forecast, for the Period 2016-2026F
- Historical data of India Solar Inverter Market Revenues, By Types for the Period 2016-2019
- Market Size & Forecast data of India Solar Inverter Market Revenues, By Types until 2026F
- Historical data of India Solar Inverter Market Revenues, By System Types for the Period 2016-2019
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