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Solar Microinverter and Power Optimizer Market to Break $1 Billion Barrier in 2018September 18, 2014The market for global photovoltaic (PV) solar microinverters and power optimizers is forecast to more than triple in the coming years, rising to more than $1 billion in 2018, as both established and new regions increase their adoption of the emerging technology, according to IHS Technology (NYSE: IHS).
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Competition Heats Up in US PV Inverter Market as Asian Suppliers Dominate Home TurfMay 08, 2014The U.S. market for photovoltaic (PV) inverters turned highly competitive in 2013 as the three biggest suppliers headquartered in the country lost share in the wake of a European-led influx of new players, according to new analysis from IHS Technology.
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China’s Antidumping Tariffs Expected to Have Limited Impact on Country’s Polysilicon PricingJuly 30, 2013China’s move to slap retaliatory antidumping tariffs on solar polysilicon imported from the United States and South Korea will cause only a slight increase in domestic pricing for the material...
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PV Inverter Revenue Expands to $7 Billion in 2012, as Asia Arises as Growth DriverApril 17, 2013Energized by a surge of shipments in Asia, the global photovoltaic (PV) inverter market in 2012 bucked weak worldwide solar industry conditions to expand by 5 percent and break the $7 billion...
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Photovoltaic Industry to Enjoy Robust Installation Growth in 2013, but Revenue Dip Poses ChallengesJanuary 25, 2013Global photovoltaic (PV) installations will rise this year in a continuing pattern of solid growth, but the industry will nonetheless suffer a decline in overall revenue due to lower volume growth and decreasing system prices, according to an IHS Solar white paper from information and analytics provider IHS (NYSE: IHS).
PV installations are projected to reach 35 gigawatts (GW) this year, up from 32 GW in 2012, as shown in the attached figure. In comparison, industry revenue—measured as the system price multiplied by total gigawatts installed—will retreat to an estimated $75 billion, down from $77 billion last year, and exhibiting an even steeper fall from the market’s peak revenue of $94 billion in 2011.
