Lucintel Forecasts the Global Photovoltaic Grid-Connected Inverter Testing Sales Market to Grow with a CAGR of 12.1% from 2025 to 2031
Lucintel Forecasts the Global Photovoltaic Grid-Connected Inverter Testing Sales Market to Grow with a CAGR of 12.1% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global photovoltaic grid-connected inverter testing sales market looks promising with opportunities in the commerce and industry markets. The global photovoltaic grid-connected inverter testing sales market is expected to grow with a CAGR of 12.1% from 2025 to 2031. The major drivers for this market are the rising demand for solar energy, the growing focus on renewable energy standard, and the increasing investment in solar power infrastructure.
A more than 150-page report to understand trends, opportunity and forecast in global photovoltaic grid-connected inverter testing sales market to 2031 by type (equipment supply, equipment leasing, and outsourced service), application (commerce and industry), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, equipment supply is expected to witness the highest growth over the forecast period due to the rising demand for essential machinery across industries.
Within the application category, industry is expected to witness higher growth due to the growing demand for manufacturing & production.
In terms of region, APAC is expected to witness the highest growth over the forecast period due to the rising adoption of solar energy in this region.
Chroma, Intertek, NH Research, Kiwa, Sample Technology, QUNLING ENERGY, Acculogic, TUVRheinland, Qualitysource, Bureau Veritas are the major suppliers in the photovoltaic grid-connected inverter testing sales market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056