The PV Inverter Market Tracker is the only detailed and reliable assessment of the global market for solar inverters. The tracker provides new forecasts and supplier market shares for the global inverter market every quarter, highlighting the opportunities and challenges that will face inverter makers over the next 5-10 years. It also includes forecasts and analysis for installed PV capacity in almost 50 countries based on the latest policy changes and market developments.
Detailed questionnaires were completed by leading suppliers to the industry reporting their revenues and shipments and these were used to build the 2015 and 2014 market sizes. Data was collected from over 50 inverter suppliers to provide the most accurate statistics by country, while analysis of government policies, module pricing, and other external factors help drive forecasts.
Also, every quarter IHS’ inverter research team updates all market data and forecasts for every scheduled update as well as providing a comprehensive executive summary outlining current trends and major developments that occurred in the market that quarter and their impact on the market outlook. These amendments are carried out after collecting quarterly inverter data from inverter suppliers, supplemented by regular in-depth market discussions with leading inverter suppliers and other suppliers in the PV supply chain.
The PV Inverter Market Tracker includes a minimum of two forecast updates per year and a major annual update each June. On occasion, the tracker will also include unscheduled updates following major PV market amendments.
Senior Analyst, Solar Demand and Supply Chain
As the senior solar research analyst with IHS Solar in China, Frank Xie focuses on areas such as PV inverters, energy storage, system integration and PV demand. He is a well-known PV industry expert and has spoken at many high level events including SNEC, SolarCon, Intersolar China and Renewable Energy India, sharing perspectives about the global PV industry outlook.
Miguel De Jesus is a Solar Market Analyst in the IHS Markit Technology solar team.
Senior Research Manager, Solar and Energy Storage
Sam Wilkinson is a Senior Research Manager for the Solar and Energy Storage Research group at IHS Markit.
Research Manager, Solar Supply Chain
Cormac Gilligan is a Research Manager in the IHS Markit Power Technology group.