GTM Global Solar Inverter shipments or Research:2015 more than 50GW

Polaris solar PV net news: United States GTM Research’s latest report shows that in 2014, the Global Solar Inverter shipments achieved 38.7 GW, and 2015 is expected to be more than 50 GW.

Report predicted that by 2018, PV inverter shipments will continue to maintain annual average growth rate of 13.1%. Within the same period, the global solar inverter to $ 7.1 billion in sales, but the average annual growth rate of 2.8%.

Expected from 2014 to 2018 inverters per year average price-9%

According to the report, entitled the 2015 global PV inverter market: technology, market and price reports, shipments and value the increase mainly due to differences between prices continued to fall in the inverter. GTMResearch is expected from 2014 to 2018 inverter price average fell 9%.

“Following two consecutive years of decline, we believe that the market will recover early this year and next. “GTM Research solar energy Department analyst Scott Moskowitz (author).

Photo: 2013-2018 PV inverter market value

“Europe is going through the bottom of the market, but the United States is continuing to expand in the market. We expect, despite the inverter prices have tumbled, but the next two years, market value is still rising sharply. ”

Estimated distributed inverter’s fastest

Report notes that uses distributed inverter costs–which can reduce the balance system has received intense attention.

“As the market moved to a distributed architecture, miniature three-phase string inverters and inverter market share continues to rise, be expected in the future to achieve the fastest growth rate. “Moskowitz says.

Reports indicate that from 2009 to 2013, market competition has grown dramatically. In 2009, the top ten manufacturers of inverter up to 82% per cent of global shipments in 2013 and accounted for only 58%.

2015 market pressure was expected to continue spreading

In order to respond to or use market to shift the situation, inverter manufacturers have launched various marketing strategies. In his report, GTMResearch identified the four main strategies: international sales, cut costs, optimize the supply chain, from simply shifting sales to operation and maintenance of the inverter and inverter function innovation.

“In the past few years, inverter manufacturers face many challenges: heavy pressure on prices, the increasingly fierce market competition, as well as market focus shifted. “Moskowitz said.

“While in the short and long term market opportunities still exist, but in 2015, these pressures will not dissipate. Therefore, manufacturers, advanced network criterion of flexibility to respond to changing market requirements and customer needs continue to be necessary everywhere. “(Translator: Bian Xiaoyun)

Original title: GTM Global Solar Inverter shipments or Research:2015 more than 50GW

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