IHS estimate that quarterly shipments of solar inverters will exceed 10 GW for the first time ever in Q4 after a record 9.9 GW were shipped in the third quarter of 2013.
Led by rapid expansion in the Japanese and Chinese markets – which saw the two countries claim three of the top five inverter suppliers in the third quarter – the second half of 2013 is on course to post record shipment numbers.
In Europe, Middle East and Africa it is a different story. IHS predict that the second half of the year will end 31% down on last year, with tumbling interest from the traditionally strong markets of Germany and Italy causing the downward trend.
Once again, however, SMA and Power-One remained the two largest inverter suppliers globally for the third quarter, and are expected to hold on to those positions for Q4, despite both experiencing a contraction in market share.
In 2014, IHS forecast that global inverter shipments will reach a record 41 GW.