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The Asie-Pacific Renewable Energy (RE) inverters market




The most interesting is to observe that, the Asia-Pacific Renewable Energy (RE) inverters market is entering the mature stage, especially in developed countries such as Australia and Japan. Growth potential still exists in Southeast Asia, as RE adoption growth is still promising.
According to Research and Markets, the market registered revenue that was close to $2.5 billion and is forecasted to expand by less than 1% from 2016 to 2021. The firm revealed that, the low Compound Annual Growth Rate (CAGR) is attributed to the maturity of the largest markets such as Australia, Japan, and South Korea.

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