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Eminent players are focusing on integrating IoT and AI technologies into their inverters to enable remote monitoring and diagnostics capabilities to gain a competitive edge, and capture market share. Leading players are heavily investing in research and development and product innovation including smart inverters with advanced grid-support functionalities, and enhanced maximum power point tracking (MPPT) algorithms to improve brand reputation and expand market position.
Eminent players operating in the on grid PV inverter industry are: