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Absence of Advanced Energy Makes Market Share Up For Grabs

Absence of Advanced Energy Makes Market Share Up For Grabs

SMA was the leading vendor in the solar inverter market for 2014, producing 24% of all sold inverters in the US.  AE ranked 3rd in the same period, shipping 17% of the solar inverters sold in the United States.

Those stats are courtesy of GTM Research’s latest analysis, PV Inverter Market Shares and 2015 Outlook. The three top vendors, SMA, ABB, and AE, shipped 59% of the total inverters sold in the US.

Image Below is the top ten solar  inverter manufacturers in the US by Shipment, 2014 (MWac)

Source: GTM Research

Considering Advanced Energy’s fall from the market, this leaves quite a bit of market share to be earned.   Solar analyst Scott Moskowitz says “Advanced Energy’s exit from the market creates an immediate opportunity for all commercial and utility inverter manufacturers in the United States.  We see these markets as a combined 11.7 gW-DC opportunity in 2015 and 2016.”

For more please visit greentechmedia.com

Posted in Solar Industry News

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