Global PV inverter market to return to growth in 2012 and will exceed USD7bn
July 25, 2012 // Paul Buckley
The global photovoltaic (PV) inverter market is predicted to grow by 23 percent in 2012 and hit almost 32 GW according to the 5th edition of IMS Research’s annual report on this industry.
According to the report, the global PV inverter market shrank marginally in terms of revenues in 2011, but is predicted to return to growth in 2012. Shipments are forecast to grow by almost 25 percent in IMS Researchs mid-case scenario; however pricing declines will see revenues grow by just 3 percent this year. In 2012, suppliers will continue to see high shipment growth but may struggle to see top- and bottom-line growth, commented Ash Sharma, director of the IMS Research PV practice. Inverter prices will see another double-digit drop in 2012, partly driven by product mix change, and shifts in demand to lower cost countries, but also standard price erosion as major markets stagnate.
The analysis found that in 2011, global inverter shipments grew by more than 12 percent, despite the excess inventory overhang from the prior year, and reached 27 GW, but the European market shrank considerably. Europes dominance of the PV inverter market is predicted to continue to wane due to its two biggest markets, Germany and Italy, facing significant reductions in their annual installations. Europes share of PV inverter shipments and revenues was over 80 percent in 2010; however we forecast this to fall to less than 40 percent in 2016 and revenues not to return to 2011 levels in the next five years. This in itself presents a huge challenge to suppliers, which are mainly European, with the majority of their facilities and customers located in that region, commented Sharma.All news
Google locks future wearable IP with smart lens patents
April 16, 2014
Yesterday, 15th of April, US-based Google fans were granted the privilege to exchange $1500 for a ďpairĒ of Google Glass. ...
Porsche connects infotainment to cloud with HTML5
Anglia signs with DEM Manufacturing
RFMW Ltd to distribute Aviacommís transceivers
Sensors, actuators market on 11% CAGR to 2018
Additional conference complements Sensor + Test trade fair
April 15, 2014
As an add-on to the Sensor + Test trade fair later this year in Nuremberg (Germany), the organizer plans to launch the European ...
End of Windows XP boosted 1Q14 PC sales, says Gartner
Global HB LED market set to shine by 2018
Chinese smartphone maker undercuts western companies
- USB 5V 2.5A Output, 42V Input Synchronous Buck with Cable Drop Compensation
- Measurement applications across multiple test platforms
- Supplying DC input power to string inverters
- Supplying DC input power for HEV testing
InterviewHeartbleed challenges the Internet of Thing
The Heartbleed security bug is a key example of the fundamental security challenge for the Internet of Things says Green Hills Software as it launches a new security group.
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Arrow Electronics is giving away ten XMC1200 lighting application kits, worth 100 Euros each, for EETimes Europe's readers to win.
Each kit combines Infineon’s brightness and colour control XMC1200 CPU board to drive flicker free LED dimming and colour changing, together with a colour LED card and a white LED card.
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.