Professional PV inverter manufacturers will face a tough challenge

GTMResearch newly released report shows that in the next three years, leading PV inverter suppliers will be subject to changes in global demand, the market shift to low prices and fluctuating region squeeze. This change will promote the PV inverter prices continued to fall, from the 2012 global average of U.S. $ 0.22 / W in 2016 down to only $ 0.14 / W - annual average decreased by 10 percent.

GTMResearch report found that, with the expansion of global demand for photovoltaic systems, photovoltaic inverter is currently the top-ranking manufacturers market with low-cost competitors and the development of a diversified giants from Asia together eating up market share.

The report's rankings are based on a measure of each company's product supply, financing and key qualitative indicators derived growth prospects. Although this year the professional manufacturer of photovoltaic inverters ranked quite early, but these companies are facing due to the oversupply of the global PV demand, increasingly dispersed away from the European market as well as the commercialization of advanced technologies (such as modular power electronics (MLPE)) resulting from growing competitive pressures and falling profits.

"Although SMA continue to account for the dominance rank, but because it will compete with the emergence of new low-cost or capitalized suppliers, resulting in short-term growth will be a challenge." The report's author and GTMResearch said senior analyst MJShiao . "But even so, to defeat the leader SMA position and get global success is not an easy thing to do, while financing, reliability and maintainability and other factors are being transformed from a buzzword to core values. Additional market Demand is rapidly transferred to emerging markets, which will force the current severe barriers PV inverter business restructuring, mergers and acquisitions, or be eliminated. "

As recently Satcon Technology Company liquidation of assets, Diehl Controls and Siemens SMA strategic acquisitions and divestitures Zeversolar, the United States acquired the German REFUsol etc. Advanced Energy industry is undergoing a series of changes. In addition to insightful analysis of the PV inverter market competition overview, the report also mentioned MLPE technology vendor competitive landscape and ranking.

Suppliers have found the demand for micro-inverters and DC optimizer technology are on the explosive growth surged from 2009 to 2012 only 51MW of 785MW or more. Although most of the sales from the residential system, but small and large commercial systems have begun to join the camp.

In the market volume and terms of installed capacity, Enphase, SolarEdge and Tigo three companies account for approximately 93% market share. Enecsys, SolarBridge, PetraSolar and others far behind. However, with the SMA and Power-One inverters and other traditional businesses and promote the sustainable development of their MLPE product, then this inverter ranking list will be significant changes.