2013 solar inverter shipments will rise 7%

Due to higher than expected price pressures encountered in product price, market research firm IHS recently lowered its earnings expectations for 2013 solar inverter.

Global inverter market revenue is expected to decline by 9% to $ 6.4 billion, down from $ 7.1 billion in 2012. IHS had expected year on year this figure will only fall by 5%.

"In the past few years, solar module manufacturers experienced price pressure is much greater than the inverter supplier." Senior researcher IHS PV market Cormac Gilligan (Cormac Gilligan) said. "But component prices have now reached an inflection point, and began to rise, which had a significant impact on the inverter suppliers, price pressures began to shift to the areas of their business."

High in Germany and Italy, but development began to decline in the market, competition and strive to promote the accumulation of price pressures, and central inverters for photovoltaicpower station prices, and the price of such products is currently the highest. IHS said that Germany and Italy to the two countries together inverter shipments are expected to decline by 50% in 2013 will occur, the total decline of about 5.7GW, while shipments in the region last year to 11.5GW.

"2013 on the European market compared to total revenue inverter 2011 will be reduced by half." Mr. Gilligan said. "However, the European market for digital inverter suppliers but did not change significantly. This situation is caused by the fierce market competition, and will force the wind inverter suppliers aggressively into emerging such as South Africa and Thailand market to seek new growth opportunities. "

According to IHS, said the average price of the inverter overall in 2013 by 22 cents in 2012 to 18 cents per watt per watt