IMS Research's latest quarterly report shows that the fourth quarter of 2010, the global PV inverter revenues of $ 1.6 billion, compared with the third quarter decreased by 24%, but higher than the fourth quarter of 2009 was 30% higher. Despite the slowdown in demand in the fourth quarter of the ex-factory price also fell by 4%, but shipments remain strong.
According to 35 biggest supplier of photovoltaic inverters actual sales and shipment data show that 2010 is not the end of the typical rebound inverter shipments in the fourth quarter dropped significantly. As
Europe's high inventory and
weak demand, shipments and revenues are expected in the first quarter of 2011
will continue to decline. "The fourth quarter of 2010 on shipments of PVinverters been another solid quarter, although the number has declined, but the
entire 2010, the inverter shipments of more than 20GW." IMS Research's PV
research Director Ash Sharma expressed.
IMS Research's report also showed that German dominance in the market has begun to waver. "Over the past five quarters, other countries began to develop inverter market, while
inverter shipments share has steadily declined. Fourth quarter of 2009, the
German inverter shipments over the world half of the total, while the fourth
quarter of 2010 only 35%. "Sharma added. Nevertheless, Europe, Middle East
and Germany Africa share grid tie power inverter shipments remained
stable in 2010, accounting for 80% of the global total.
In addition to the loss of market share in the inverter, German suppliers in the world also lost market share. The loss in market share last year, the most serious is the industry leader SMA Solar Technology, although sales doubled, but lost 5% of the share. IMS Research forecasts, due to weaker demand in
whole supply chain, inventory backlog of several gigawatts, so in 2011 the
first and second quarters of the inverter demand will be very weak.