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The GTMResearch's latest report shows that, before 2018, the average annual growth rate of photovoltaic inverter shipments will continue to maintain 13.1%. The same period, the global solar inverter sales reached $7 billion 100 million, but the average annual growth rate of only 2.8%. From 2014 to 2018 the annual average prices fell 9%. According to the report "in 2015 the global PV Inverter Market: technology, market and price" report, shipment volume and value growth differences are mainly due to the continued decline in the price of the inverter.
"After two consecutive years of decline, we believe that the market will recover next year." GTMResearch solar analyst ScottMoskowitz (authors) said. "The European market is experiencing low, but the market is expanding. We expect, although inverter prices continue to fall, but the next two years, the market value is still increasing."
Is the fastest growth rate of the distributed inverters report pointed out that this has been the cost of using distributed inverter can reduce the balance system of strong concern. "As the market focus moved to the distributed system structure, micro inverter and three-phase series inverter market share continues to rise, is expected in the future will achieve the fastest growth rate." Moskowitz said. In order to deal with the transfer or the focus of the market situation, the power inverter manufacturers have introduced various types of market strategy. In the report, GTMResearch identified four main strategies: international sales, supply chain optimization, innovation and maintenance cost cutting transfer function from the inverter inverter simple to operation & sales. "Over the past few years, the inverter manufacturers face many challenges: the transfer of heavy pressure on prices, the increasingly fierce market competition and market focus." Moskowitz pointed out. "Although the short-term and long-term market there is still a chance, but the future will not dissipate the pressure. Therefore, manufacturers respond flexibly to the changing market, advanced grid standards and customer demand is still necessary."
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