The Chemical Connection: Onshoring PCB Production—Daunting but Certainly Possible
It’s Only Common Sense: The Phone Is Still Mightier Than the Keyboard
PV Inverter Shipments Rise in China as Prices and Revenues Drop
June 9, 2015 | IHSEstimated reading time: 2 minutes
Even though photovoltaic (PV) inverter shipments to China increased in 2014, significant price declines have caused revenue to drop. Despite PV inverter shipments to the Chinese market increasing nearly 18 percent last year to reach 13.3 gigawatts (GW) of alternate current (AC), revenues dropped 6 percent, according to IHS Inc., the leading global source of critical information and insight.
Price wars among Chinese suppliers have become so fierce that many small suppliers have left the market entirely. Despite only formally launching its inverter portfolio in late 2013, Huawei was able to make significant gains and quickly become the second largest supplier in China. Sungrow narrowly maintained its position as the largest Chinese supplier. Due to the increased market consolidation, Sungrow and Huawei together comprised nearly half (48 percent) of all PV inverter revenue in China last year. These two suppliers also both appeared among the ten largest suppliers on a global level, which is the first time that two Chinese suppliers have done so.
“The PV inverter product mix has begun to shift as string inverters made huge gains in 2014, largely owing to Huawei’s aggressive promotional and marketing campaigns,” said Frank Xie, senior analyst for IHS Technology. “There is also a narrowing price gap between mainstream central inverters and string inverters that are increasingly used in large commercial- and utility-scale PV systems in China. Despite losing share, large central and turn-key inverters will continue to play an important role in the Chinese market from 2015 to 2019.”
The progress of distributed PV fell short of Chinese government expectations last year. Only 2 GW out of the planned 8 GW of distributed photovoltaic (DPV) projects were installed, due to ineffective business models and high system costs. Even so, a higher percentage of DPV projects is forecast through 2019, as the market matures.
The 2015 edition of the IHS PV Inverter Market in China report reveals that from 2015 to 2019, there will be few business opportunities for international inverter suppliers in the Chinese PV inverter market. International suppliers have found it highly challenging to succeed in the Chinese market due to the strong preference for local brands, highly competitive pricing, complex business conditions and long credit terms. IHS does see chances for international suppliers to offer key components to Chinese inverter suppliers.
About IHS
IHS is the leading source of insight, analytics and expertise in critical areas that shape today’s business landscape. Businesses and governments in more than 150 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs about 8,800 people in 32 countries around the world.
Share on:
Testimonial
"Our marketing partnership with I-Connect007 is already delivering. Just a day after our press release went live, we received a direct inquiry about our updated products!"
Rachael Temple - AlltematedSuggested Items
The Marketing Minute: Marketing With Layers
10/15/2025 | Brittany Martin -- Column: The Marketing MinuteMarketing to a technical audience is like crafting a multilayer board: Each layer serves a purpose, from the surface story to the buried detail that keeps everything connected. At I-Connect007, we’ve learned that the best marketing campaigns aren’t built linearly; they’re layered. A campaign might start with a highly technical resource, such as an in-depth article, a white paper, or a podcast featuring an engineer delving into the details of a process. That’s the foundation, the substance that earns credibility.
ICT Symposium Review: Sustainability and the Circular Economy
10/09/2025 | Pete Starkey, I-Connect007It was pleasant autumnal weather as we made our way once again to Meriden, the nominal centre of England, for the 2025 Annual Symposium of the Institute of Circuit Technology. Delegates were welcomed by technical director Emma Hudson who introduced and moderated a skilfully coordinated programme, focused on the highly relevant theme of sustainability.
Circular Packaging Market to Reach $98.0 Billion by 2035
10/08/2025 | Fact.MRThe market's journey from USD 45.8 billion in 2025 to USD 98.0 billion by 2035 represents substantial growth, the market will rise at a CAGR of 7.9% demonstrating the accelerating adoption of sustainable packaging systems and circular economy solutions across food & beverage, personal care, and e-commerce sectors.
It’s Only Common Sense: Stop Whining About the Market—Outwork It
10/06/2025 | Dan Beaulieu -- Column: It's Only Common SenseWhenever the market hiccups or the industry cycle dips, I hear the same tired chorus: “The market is down. Customers aren’t buying. What can we do? We just have to wait it out.” Nonsense. If you think that by showing up, opening your doors, and waiting for the economy to smile kindly upon you, that success will follow, you are in the wrong business. Worse yet, you’re living in the wrong mindset. Most people don’t want to hear the truth that winners find business in down cycles. Losers blame the economy.
Schweizer Ends Staff Restructuring Measures and Short-Time Working at the Schramberg Site
10/01/2025 | Schweizer Electronic AGSchweizer Electronic AG has implemented comprehensive measures to adjust its cost and personnel structure at its Schramberg site due to strong market fluctuations in the automotive and industrial electronics sector. Thanks to the successful restructuring, short-time working can now be ended with immediate effect. A stable order situation is expected for the fourth quarter, with signs of growth momentum returning in 2026.