PV Inverter Market Fell Below $2011 in 6 Billion, the Photovoltaic Industry Consolidation Period is Coming Soon

Release time：2011-07-11

        Global inverter market after a sharp growth in 2010, in 2011 is expected to fall below $6 billion, down more than 10%.Although IMS predicts global pv system installation quantity will increase this year, but excess inventory with prices too high pressure will depress the industry revenues this year.
        IMS Research photovoltaic senior Research director of the Ash Sharma said: "in Asia and America market, we expect the installation of a photovoltaic system in 2011 will grow 16%, but due to the end of 2010 the market oversupply, the photovoltaic inverter shipments will drop by about 5%. In addition, the homogeneity competition and a decline in prices will lead to industry revenues."Inverter supplier in the first half of 2011 high price pressure, homogeneous competition in certain trading prices have dropped by 10-15%."A few large suppliers to pressure the price even lower, in order to seize market share in some emerging markets. However, by the new market share and product structure change, as a result of the introduction of new products, such as small inverter, will help maintain the average price level."Sharma added.So the research forecast in 2011 the overall price of inverter would just fell 8%.
        Although industry earnings outlook, but also have good news, industry revenues in 2011 will still be much higher than in 2009.Sharma said: "in 2011 for photovoltaic inverter industry will continue to be a good year, compared with last year or less, of course. Shipments will be more than 20 gw, income of about $6 billion, is a times more than in 2009."Although this year photovoltaic inverter industry's revenue could fall, but for some suppliers are still has a lot of profit opportunities."Although some European market slowdown in 2011, we expect strong growth in Asia and the United States market will benefit the special part suppliers. We also predicts the megawatt power plant used in the large inverter, and in commercial applications for use in a small three-phase series inverter will popularity. In 2010, due to the nature of easy to install and extensible, small three-phase series inverter, the commercial projects in a popular growth as high as 560%. We expect it in the market's performance this year will still be very attractive."He concluded.
        Although industry revenues this year will be expected to decline, but the IMS Research on inverter industry is still bullish on long-term prospects, is expected to more than $10 billion in revenue in 2015.

        Photovoltaic industry consolidation period is coming soon Multiple forces promoting development
        Since 2011, influenced by European pv subsidy cuts and other news, domestic polysilicon prices have fallen sharply, and photovoltaic component volume decreases, the photovoltaic industry in a sustained downturn.
        In recent years, the domestic photovoltaic industry has undergone the development by leaps and bounds.Our pv capacity more than 2008 in Germany, as in the world.In 2010, domestic photovoltaic modules output reached 13 gigawatts (gw), accounted for 47.8% of global capacity.China pv industry has established a complete industrial chain, mastered including key technology such as solar battery, polycrystalline silicon production, equipment and raw materials localization degree enhances unceasingly.Emerge in the process, suntech, yingli, ja, a batch of competitive and popularity of enterprises.Behind shiny on the surface of the photovoltaic industry is also has many problems, such as too dependent on foreign markets, crystalline silicon core technology with foreign advanced level there are gaps, the intensified competition in the industry, and other issues.
        "This year, due to the impact of various factors in the whole industry downturn, the photovoltaic industry is facing a consolidation period."Cic advisory new energy industry researcher Shen Hongwen to China sankei shimbun reporters: one is a polysilicon prices.Polysilicon prices continued to fall since almost two months, has dropped to about $50 / kg, the lowest price for 6 years.The second is a photovoltaic component prices.Price has fallen more than 30% this year in photovoltaic components, and have continued to fall.Third, the inventory increase.As of the end of the second quarter global pv components inventory has reached 8.6 GW, a record high.Domestic photovoltaic manufacturers inventory is also increasing.Four is slowing exports.As China's largest photovoltaic enterprise market of the European market demand, led directly to the domestic photovoltaic module exports decline.
        International Research institutions, is expected to IMS Research study global photovoltaic cell components shipments will be in a strong rebound in the second half of this year, falling component price is a key factor in the second half of the demand for reconstruction.

　　China's energy chief information officer falcon think in the second half of this year the United Nations climate conference in South Africa is the key to determine demand will rebound.Falcon thinks, if the climate conference in South Africa, countries to reach an agreement, the photovoltaic market rebound may be relatively strong.If countries is still a crisis-prone, everybody to the problem of climate change, and there is no any heavyweights to attend the meeting, the meeting after the end of each other also didn't reach global emissions reduction targets, then the whole development of photovoltaic industry in the next step could be affected.
        Imbalance of supply and demand of reasons from two aspects of demand and supply.From the perspective of demand, is mainly due to the European pv subsidy policy changes, cause a downturn of the European market capacity, directly affect the export of the domestic photovoltaic enterprises.From the perspective of supply, the prosperity of photovoltaic industry in 2010 caused a large number of enterprises enter the photovoltaic industry, photovoltaic capacity have risen sharply, photovoltaic modules facing overcapacity risks.Combination of these two factors, lead to pv market supply and demand imbalance.
        From a policy perspective, mainly through policy support to promote the development of domestic pv market.The delayed their massive current domestic pv market, is not conducive to drive the development of domestic pv industry.The government should actively through demonstration project, to promote the development of photovoltaic industry.Government recently issued documents require the central government continues to allocate funds support gold sun demonstration project implementation, this has a positive meaning for promoting the development of photovoltaic industry.From the Angle of industry development, main is to actively promote industry standards and the establishment of the industry access system.The current domestic photovoltaic industry as a whole enterprise is numerous, the good and bad are intermingled, not conducive to enhance the overall competitiveness of the photovoltaic industry.Related departments should through the industry standard and entry system upgrading industry admittance threshold, promote the development of photovoltaic industry and orderly.