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Impacted by the decline in the installed capacity of PV systems in Germany, Italy and other European countries, the global PV inverter market growth slowed down in 2012, the growth rate of shipment was only 7%, and the market scale was flat with 2011. In view of the dropping PV demand and product prices, the growth space for global PV inverter market will be limited in 2013. Globally, German inverter manufacturer SMA continues to occupy a leading position in the industry, but its market share is declining, to less than 30% in 2012. On the one hand, the industry competition …
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