Dc-Ac Inverter Market to Grow at 13.47 % CAGR by 2032

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The DC-AC Inverter Market is poised for substantial growth over the coming years, driven by the rising adoption of renewable energy systems, advancements in inverter technology, and the increasing demand for reliable power conversion solutions. The market size was estimated at USD 23.37 billion in 2023 and is expected to grow from USD 26.52 billion in 2024 to USD 72.9 billion by 2032, achieving a robust compound annual growth rate (CAGR) of 13.47% during the forecast period (2024–2032).