According to the latest report released GTMResearch revealed that because of the continuous development of low-cost Asian companies, the European PV inverter manufacturers are finding their profits shrinking. Growing competition also comes from the diversified group.

Overall, changes in global demand will continue to "torture" the PV inverter supplier. Another important factor is that the process of commercialization of advanced technologies, such as modular power electronics (MLPE).

According to the current situation of the PV market weakness and oversupply of products, profit margins will shrink further this year. As the average price of PV inverters, the downward trend will continue. 2012, the price is $ 0.22 per watt, the price is expected to decline further in 2016 to $ 0.14 per watt, which means annual reduction of 10%.

2012 year, the major markets continue to clear channel inventory, shipments in the European market further stagnation. Looking to the future, GTMResearch expects China, Japan and the United States and other major emerging markets, shipments will increase.

The report predicts that by 2014, with the edge of life and death struggle with wind grid tie inverter suppliers out of the market, the market will be integrated inverter. Emerging markets will dominate the 2015-2016 strike, GTM predict these markets shipments will appear soared.