The Global Solar PV Inverter and MLPE Landscape: H2 2017

by Scott Moskowitz

Prices, Forecasts, Market Shares and Vendor Profiles

This report is available as part of our PV Systems & Technologies research service or for invidual purchase.

Global solar PV inverter shipments will reach a record 88.4 GWac in 2017, up from 80.4 GWac in 2015. The three largest solar markets – China, the United States and Japan – will each decline in 2018, resulting in flat shipment growth in 2018.

Inverter prices show no sign of stabilizing, current technology trends have not exhausted their cost-reduction potential, and many markets are still extremely fragmented. Not every company can be a global player, and so shifting demand and falling prices will result in increased market consolidation.

This report provides detailed, country-specific pricing and forecasts for microinverters, single-phase string inverters, three-phase string inverters, central inverters and DC optimizers. The report also profiles and provides current and historical shipment totals for 25 of the world’s largest inverter suppliers.

Vendors profiled:

ABB | Apsystems | Chint Power Systems | Delta Energy Systems | Enphase Energy | Fimer | Fronius | General Electric | Ginlong Solis | Hitachi | Huawei | Ingeteam | KACO New Energy | Omron | Power Electronics | Schneider Electric | Sineng | SMA | SolarEdge Technologies | Sungrow Power Supply | Tabuchi Electric | TBEA Sunoasis | Tigo Energy | TMEIC | Yaskawa-Solectria Solar

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Scott Moskowitz Senior Analyst, Solar

Scott Moskowitz is a Senior Analyst at GTM Research in the Solar PV Systems and Technologies practice, where his research focuses on PV system design, inverters, balance-of-system components and global downstream markets. In addition to tracking the global landscape of PV projects and balance-of-systems vendors, Scott was the Assistant Editor of PV News, the solar industry’s longest-running market research periodical. Before joining GTM Research, Scott was active with Engineers Without Borders, where he co-led a water and sanitation implementation project in the Peruvian Amazon. Scott holds a bachelor’s degree in civil engineering and mathematics from Vanderbilt University and a master’s degree in environmental engineering from the University of California, Davis, where his work focused on energy efficiency, life cycle analysis and environmental law.

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