The article cited AMA's Global Centralized PV Inverter Market Study explored substantial growth with CAGR of 9.19%. According the report, Technological Advancements in the Field Of Alternative Power Generation is one of the primary growth factors for the market. Higher demand for the most traditional inverter topology is also expected to contribute significantly to the Centralized PV Inverter market. Overall, Large-scale utility plant applications of Centralized PV Inverter, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global Centralized PV Inverter market identified that the demand is rising in many different parts of the world as "Increased Government Initiatives to create Awareness Regarding Solar Energy ". Furthermore, some recent industry insights like "May 2021, Fronius International launches new Tauro inverter for large scale PV systems. It offers low operating overall cost and high yield based combination of product design and, resistance to harsh environment condition and Nov 2020, Kaco new energy launches solar PV inverter for the commercial and residential application. The output of invertor is 105KV and 125KV" is constantly making the industry dynamic. One of the challenges that industry facing is "High DC wiring costs and power loss due to Voltage Drop and Potential Problems occur due to the Single point of failure"

The Connection Type, such as On-grid, is boosting the Centralized PV Inverter market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Centralized PV Inverter market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Centralized PV Inverter market and other related sub-markets covered in the study.

o Key & emerging players in the Centralized PV Inverter market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Centralized PV Inverter market size is calculated using market estimation process, the Centralized PV Inverter market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Centralized PV Inverter market size has been validated using both top-down and bottom-up approaches.