Fiercer global competition
Ranking inverter manufacturers: The two top dogs SMA and Power-One continue to dominate the inverter market. However, due to increasing competition and the rise in significance of non-European markets, above all Japan, China and the U.S., the balance of power is beginning to change.
In 2012, inverter manufacturers were amongst those companies that had to face increasingly fierce competition and the internationalization of markets. An increase of about $200 million over last year saw total sales revenue of around $7 billion, but the growth of the previous years was not achieved. According to Sam Wilkinson, Research Manager at IHS, …
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