The PV Inverter Market Tracker is the only detailed and reliable assessment of the global market for solar inverters. The tracker provides new forecasts and supplier market shares for the global inverter market every quarter, highlighting the opportunities and challenges that will face inverter makers over the next 5-10 years. It also includes forecasts and analysis for installed PV capacity in 19 countries based on the latest policy changes and market developments.
Detailed questionnaires were completed by leading suppliers to the industry reporting their revenues and shipments and these were used to build the 2017 and 2018 market sizes. Data was collected from over 50 inverter suppliers to provide the most accurate statistics by country, while analysis of government policies, module pricing, and other external factors help drive forecasts.
Additionally, each quarter the PV inverter research team updates all market data and forecasts for every scheduled update as well as providing a comprehensive executive summary outlining current trends and major developments that occurred in the market that quarter and their impact on the market outlook. These amendments are carried out after collecting quarterly inverter data from inverter suppliers, supplemented by regular in-depth market discussions with leading inverter suppliers and other suppliers in the PV supply chain.
The PV Inverter Market Tracker includes a minimum of two forecast updates per year and a major annual update each June. On occasion, the tracker will also include unscheduled updates following major PV market amendments.
Research & Analysis Manager, Solar & Energy Storage, IHS Markit
Cormac Gilligan, a research and analysis manager at IHS Markit, focuses on solar and energy storage research.
Miguel De Jesus is a Solar Market Analyst in the IHS Markit Technology solar team.