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New Trends in Inverter Market
- Feb 21, 2017 -
2017 According to market research, the global PV inverter shipments reached a record 63.5GW in 2016, where price pressure is still the development of mature solar inverter market is facing the same reality. The new report shows that the top ten photovoltaic inverter manufacturers in the first half of this year accounted for 80% of the global inverter product shipments, of which the top five manufacturers accounted for 50% of the market. Part of the world's largest solar market - China, the United States and Japan, the market demand decline, PV inverter shipments are expected in 2017 will be a 5% decline. However, due to the increase in sales of residential string-series inverters and component-level power electronics, the sales of the unit as a whole have made the profitability of PV inverter products expected to fall by only 1.2% in 2017.