Rapid PV Module Price Declines To Drive Strong Recovery In Second Half of 2011
June 29, 2011
After declining for two consecutive quarters, PV module shipments are set to recover strongly in the second half of 2011, according to the latest report from IMS Research. Rapidly falling PV module prices will be a key factor in re-establishing demand in the second half of the year.
Weak demand in key markets in early 2011 - due to reductions in, and confusion over incentive levels - has led PV module prices to fall quickly. Similar ...
PV Installations to Exceed 21 GW in 2011; IMS Research Cuts Forecast for 2012
May 31, 2011
More than 21 GW of new PV capacity is predicted to be installed in 2011, up from around 18 GW in 2010 according to IMS Research’s latest report on PV demand. The market research firm has raised its outlook for this year based on new information on supply chain pricing which will help stimulate demand in major markets. However, the firm also cut its l ...
Q1'11 PV Inverter Shipments Decline 39% - Inventory and Incentive Uncertainty to Blame.
May 26, 2011
Global PV inverter shipments declined to 4 GW in Q1’11, 39% lower than the previous quarter, but 31% higher than in Q1’10, according to IMS Research’s latest
Global PV module inventory levels have reached over 10 GW in Q2’11, the highest amount recorded to date, according to the latest analysis from IMS Research. High inventory levels, as well as low ...
PV Module Shipments Decline for First Time in Two Years
May 10, 2011
PV module shipments declined in Q1’11 compared with the previous quarter, for the first time since the beginning of 2009. Prices have also begun to decline rapidly since the abrupt halt to demand in the booming Italian market, in the lead up to last week’s announcem ...
2010 PV Inverter Market Share Gainers Revealed by IMS Research
April 27, 2011
Power-One was the PV inverter market’s largest share gainer in 2010, moving up to second in the global rankings according to IMS Research’s latest report on the market. The report will also reveal that for the first time all of the top 10 suppliers to the market in 2010 were European – largely due to the explosive market growth in key European markets t ...
PV Modules 2010 Top Ten Rankings Released by IMS Research
April 13, 2011
Suntech was the largest PV module supplier in 2010, growing its shipments by more than 130% over the previous year, to ship more MWs than any of its competitors. First Solar, which held the top spot in 2009, fell to second place, increasing its shipments by less than 50% although the total market more than doubled.
Is UK Government Turning its Back on Solar for Nuclear?
April 08, 2011
Following recent proposals from the Department of Energy and Climate Change to dramatically reduce the tariff paid to those with solar PV (photovoltaic) energy schemes generating more than 50kW, power experts at IMS Research are questioning the viability and future of solar energy in the UK.
Solar Inverter Market Falls in Q4 but Makes a Record Year in 2010
April 05, 2011
Global PV inverter revenues reached $1.6 billion in Q4’10, 24% lower than the previous quarter, but 30% higher than in Q4’09, according to IMS Research’s latest quarterly report on the market. Factory-gate prices also fell in the quarter by 4%, although shipments remained robust despite cooling demand and high inventory levels.
BELECTRIC tops Global PV System Integrator Rankings: German suppliers continue to dominate
March 23, 2011
Germany’s BELECTRIC developed more than 300 MW of PV systems in 2010, propelling it to the top of IMS Research’s 2010 Global PV System Integrator Rankings.
However, despite the top spot and a three-fold increase in PV systems developed, BELECTRIC still only managed to capture a 2.4% share of the non-residential PV market, estimated at 13.2 GW by IMS Research.
Asian Electronics Giants Aim for Big Slice of PV Pie
February 17, 2011
Asian electronics giants such as Samsung and LG continue to enter the growing PV market, transferring their expertise in other cost-driven fields and are aiming to capture a major share of the market and IMS Research predicts that Asia’s share of PV cell production will reach nearly 85% by the end of 2011. Although the market is currently rife with fears of a module oversupply, these large Taiwanese and Korean electronics suppliers, such as ...
Crystalline PV Margins and Prices to Decline in 2011 Predicts IMS Research
February 14, 2011
Prices have begun falling sharply throughout the PV crystalline supply chain in the first quarter of 2011 according to the latest analysis from IMS Research. The leading market research firm’s latest quarterly report on the PV polysilicon and wafer market has revealed that polysilicon, wafer, cell and module prices will fall 7% on average in Q1 and will continue to dec ...
Latest GSE Italian Figures Confirm IMS Research's Predictions for PV Growth in 2010
January 26, 2011
Wellingborough, UK – 26th January 2011 – A recent announcement from Italy’s GSE, revealing that cumulative applications for PV systems reached 7 GW by the end of 2010, appears to confirm IMS Research’s earlier prediction that global installations reached 17.5 GW last year, several GW higher than most forecasts; though it also suggests the market researcher’s estimate of 3.5 GW for Italy may have been conservative. However, these numbers ...
PV Inverter Market To Reach $8.5 Billion in 2014 Predicts IMS Research
January 24, 2011
Wellingborough, UK – 24th January 2011 – The global PV inverter market is forecast to reach $8.5 billion by 2014, growing at compound annual growth rate of nearly 25% according to a new report from IMS Research. The report also revealed that more than 7 million inverters will be sold in 2014, up from less than one million in 2009.
PV Installations Reached 17.5 GW in 2010; New Report Forecasts 20.5 GW for 2011
January 17, 2011
Wellingborough, UK – 17th January 2011 – A new report from IMS Research estimates that new PV installations grew by a massive 130% to reach 17.5 GW in 2010, confirming the firm’s earlier prediction back in Q3’10 that newly added global capacity would hit 17 GW. Furthermore, the new report predicts that installations will see double-digit growth in 2011, to reach 20.5 GW and take the total installed capacity to 58 GW by the end of the year.
PV Inverter Service Plan & Extended Warranty Market Forecast to Grow Five-Fold by 2014
January 12, 2011
Wellingborough, UK – 12th January 2011 – A new study from IMS Research has recently revealed that the multi-million dollar market for PV inverter service plans and extended warranties is forecast to grow by over 480% between 2010 and 2014, creating huge growth opportunities for inverter suppliers.
US Integrators Gain, as Demand for Utility-scale PV Soars, says IMS Research
January 10, 2011
Wellingborough, UK – 10th January 2011 – US PV system integrators gained places in the rankings in 2010 according to the latest analysis from IMS Research. The market intelligence provider, which conducts ongoing surveys of system integrators and utilities, revealed that three large-scale system providers from the US appeared amongst the ten largest integrators in 2010 for the first time.
PV Module Capacity growing faster than Demand could spell Trouble for Tier-2 Suppliers says IMS Research
January 06, 2011
Wellingborough, UK – 6th January 2011 – PV Module production capacity increased by nearly 70% over the course of 2010, reaching nearly 30 GW by the end of the year according to IMS Research. It is forecast to continue increasing, despite the growth of PV installations being predicted to slow from over 100% in 2010 to less than 20% in 2011.
Chinese Suppliers Top IMS Research's PV Cell and Module Supplier Rankings in Q3'10
December 21, 2010
Wellingborough, UK – 20th December 2010 – Chinese crystalline PV giants, Suntech and JA Solar, topped the rankings for PV module shipments and PV cell production in Q3’10, according to the latest quarterly report from IMS Research. Suntech increased its PV module shipments by an impressive 25% over the previous quarter, to retain the top position, which it had first claimed in the second quarter of this year.
German PV Installations to Fall in 2011 but Global Market Will Grow to 19 GW
December 01, 2010
Wellingborough, UK – 1st December 2010 – The global PV market is predicted to see double-digit growth again in 2011, growing to 19 GW, according to IMS Research. Although the market in Germany, the world’s largest, is still predicted to decline next year, IMS Research has identified dozens of new and existing markets that will help drive demand and counteract this fall.
Wellingborough, UK – 25th November 2010 – Solar inverter shipments grew by 50% in Q3’10 to reach 7.3 GW - another record quarter for the industry which earlier peaked at 5 GW the previous quarter according to IMS Research’s recently released report on the global market.
According to IMS Research, whilst the majority these shipments were for installations in Germany ...
PV Module Industry: Volume is Vanity, Profit is Sanity warns IMS Research
November 17, 2010
WELLINBOROUGH, UK – 17th November 2010 – Despite shipments of PV modules set to grow in 2011, rapid price erosion may see a decline in market revenues next year according to the latest analysis from IMS Research. A detailed analysis of key industry metrics revealed that although MW shipments of modules have grown at an average of 60% over the past 2 years, industry revenues have only grown by only 13%. As the industry prepares to enter a period of softening demand ...
PV Module Costs Head South As Production Heads East says IMS Research
November 11, 2010
WELLINBOROUGH, UK – 9th November 2010 – Pricing pressure for solar modules will result in a growing share of production taking place in Asia as suppliers seek to drive down PV module manufacturing costs according to ongoing analysis from IMS Research, with over 70% of module production capacity located in Asia in the final quarter of 2010. Asia’s share is forecast to continue growing steadily throughout 2011 as manufacturing expansion in this region accelerates.
Difficult Times Ahead for Solar Inverter Suppliers As Supply Exceeds Demand
November 04, 2010
WELLINBOROUGH, UK – 4th November 2010 – According to a new report from IMS Research, inverter capacity will be ramped past 30 GW this year and inverter production may exceed actual demand by more than 2 GW in Q4’10 leading to large inventory build. This effect reverses the earlier inverter shortage seen in the first half of 2010 and is se ...
First Solar Loses Share in Q3 but will Recover in Slowing 2011 Market says IMS Research
November 01, 2010
WELLINBOROUGH, UK – 1st November 2010 – US thin film producer First Solar continued to lose ground in Q3’10 according to the latest analysis from IMS Research. Having been the largest producer of PV cells for 6 consecutive quarters, an increase of just 2% means that it will move to be the third largest in the third quarter. Chinese rivals Suntech and JA Solar, will both overtake First Solar, having increased their producti ...
First Solar Accelerates Capacity Expansion Ahead of Utility-Scale PV Growth
October 22, 2010
WELLINBOROUGH, UK – 20th October 2010 - The utility-scale PV market is set to surge next year, growing five-times faster than the rest of the industry, according to the latest analysis from IMS Research. This high demand predicted for 2011 supports US thin-film solar ...
German PV Market Grows 327% in First Eight Months of 2010 To 4.8 GW
October 01, 2010
Wellingborough, UK – 1st October 2010 – IMS Research’s recently updated PV Demand Database has corroborated results released yesterday by The Bundesnetzagentur showing that registered installations in Germany in the first eight months of 2010 reached 4.8 GW, some 327% higher than the same period in 2009.
PV Cell Capacity Continues to Climb But Margins Will Fall in 2011
September 28, 2010
WELLINBOROUGH, UK – 28th September 2010 – Annualized PV cell production capacity increased once again in Q2’10, reaching over 25 GW according to a recent report from IMS Research. IMS Research forecasts that capacity will reach 33 GW by the end of the year, over 80% of which will be for crystalline cell technologies and warns that gross margins will fall in 2011.
Megawatt shipments of PV modules grew 15% in the second quarter of 2010 o ...
Small Three-Phase Inverters Stealing the Show Says IMS Research, but for How Long?
September 22, 2010
Wellingborough, UK - 21st September 2010– Highest demand for PV inverters in 2010 will come from both the smallest and the largest three-phase inverters, according a recently released report on the market from IMS Research, with shipments of inverters rated below 35kW and above 500kW growing at nearly 50% faster than the rest of the marke ...
IMS Research Predicts Global PV Market to Reach Almost 17 GW in 2010
September 16, 2010
Wellingborough, UK – 16th September 2010 – The global PV market is forecast to exceed 16 GW in 2010 according to recently released projections from IMS Research. Demand for PV systems is predicted to more than double in 2010, with the top five markets accounting for more than 13 GW, although much slower growth is predicted in 2011 according to the market research firm’s recent survey results.
PV Module Shipments Grow Again in Q2, But Inventory Levels Remain Critical says IMS Research
September 15, 2010
WELLINBOROUGH, UK – 15th September 2010 – PV module shipments grew for the sixth consecutive quarter to 4.4 GW in Q2’10, whilst channel inventory also remained extremely high at almost the same figure, according to ongoing analysis from IMS Research. However, despite production lines running at close to full utilization to satisfy orders for the remainder of t ...
PV Microinverters & Power Optimizer Revenues to Grow Over 100% Per Year - $1.5 billion Predicted by IMS Research
August 24, 2010
Wellingborough, UK – 23rd August 2010 – Solar microinverters and DC-DC power optimizers are forecast to generate more than $1.5 billion in revenues over the next five years, according to IMS Research’s recently released report on the rapidly emerging market. Shipments of the devices are forecast to grow over 100% per year and will total more than 16 millio ...
Another PV Market Record Broken - Inverter Shipments Hit 5 GW in Q2'10 According to IMS Research
August 16, 2010
Wellingborough, UK – 16th August 2010 – Solar inverter shipments reached 4.9 GW in Q2’10, growing by 284%, according to IMS Research’s recently released report on the global market. More than half of these shipments were for installations in German ...
IMS Research Launches Quarterly Global PV Demand Database - Total Solar Installations to Exceed 100 GW In Next 5 Years
August 04, 2010
Wellingborough, UK – 4th August 2010 – Cumulative PV installations will top 120 GW by the end of 2014 according to IMS Research’s recently launched “Global PV Demand Database”. This new report also revealed the following key findings:
Annual PV installations will grow steadily at a CAGR of more than 20% between 2011 and 2014. In these four years, some 80 ...
PV Inverter Market Grew 17.4% in 2009 to $2.8 Billion According to IMS Research
July 27, 2010
Wellingborough, UK (27th July 2010) – 2009 was a record year for the PV inverter market, with shipments of 8.3 GW generating $2.8 billion, according to IMS Research’s latest report on the global solar inverter market.
IMS Research’s recently published report ‘The World Market for PV Inverters - 2010’ has revealed that huge demand for PV inverters, fuelled by u ...
Cloudy Horizon Ahead for Solar Module Market in 2011
July 22, 2010
Wellingborough, UK (22nd July 2010) – Despite PV module shipments forecast to increase for 6 consecutive quarters since Q1’09, IMS Research’s latest report warns that the industry’s future is not all bright from Q4’10 and that shipments will decline by close to 10% quarter-on-quarter in Q1’11.
Bright Start to 2010 for PV Module Market Says IMS Research
July 12, 2010
Wellingborough, UK (12th July 2010) – PV module shipments increased for the fifth consecutive quarter in Q2’10 to 3.7 GW, generating $7.1 billion in revenues according to IMS Research’s latest quarterly report on the
Global PV Market to Reach 14.6 GW in 2010 Forecasts IMS Research
July 08, 2010
Wellingborough, UK (8th July 2010) – 14.6 GW of new PV capacity will be added worldwide in 2010 according to latest forecasts from IMS Research. This 95% increase in installations will be driven by a number of countries, most notably Germany.
First Solar Remains Largest Supplier In First Quarter
June 07, 2010
Thin film manufacturer, First Solar remained the largest supplier of PV modules with a global share of 8.4% in the first quarter of 2010 according to the latest analysis of the PV module market from IMS Research. Although shipments of its cadmium telluride modules declined slightly over the previous quarter, it still exceeded of all of its crystalline rivals.
Q1'10 Solar Inverter Results Paint Two Different Pictures
May 24, 2010
Global inverter shipments reached 3.1 GW in Q1’10 – the largest first quarter total for the industry, and the second highest quarterly result on record, according to latest confirmed results from IMS Research.
According to a recently released report from IMS Research, Q1’10 was an outstanding and unique quarter f ...
2009 PV Module Market Rankings - First by Name, First by Nature
May 05, 2010
Leading thin film manufacturer, First Solar topped the rankings list for PV module suppliers in 2009, surpassing all of its crystalline rivals to ship more than a GW of modules and become the industry’s largest supplier, according to the latest analysis from IMS Research.
Although, the top ten suppliers that feature in IMS Research ...
SMA Wins the PV Inverter Race in 2009, but Lost Ground in Q4
April 15, 2010
Wellingborough, UK (15th April 2010) – The PV inverter market raced out of 2009, with record shipments of more than 8 GW, 30% more than 2008, according to ongoing analysis from IMS Research (www.PVMarketResearch.com). Demand rebounded strongly in Q3 after a weak start to the year and has remained high since.
Predictions Confirmed - Global PV Market Exceeded 7 GW in 2009
April 09, 2010
Wellingborough, UK (12th April 2010) – Almost 7.5 GW of new PV capacity was added worldwide in 2009 according to latest confirmed results from IMS Research.
Q-Cells International was Largest PV System Integrator In 2009
March 02, 2010
Wellingborough, UK (2nd March 2010)– Q-Cells International was the largest PV system integrator in 2009 having gained significant market share according to a recently released study by IMS Research.
Although over 220 MW of PV modules were installed in China in 2009, a four-fold increase from 2008 due to two government incentives, several barriers still exist that are restricting the market from reaching its full potential, according to a new market report from IMS Research.
UK Feed-In Tariff Could Lead to 250 MW PV Market by 2011
February 17, 2010
The UK Government’s announcement today regarding the introduction of a feed-in tariff for photovoltaic (PV) installations will kick-start the country’s PV market, predicts global analyst firm IMS Research.
According to IMS Research (www.imsresearch.com), photovoltaic (PV) installations in the UK have been extremely lo ...
The PV market – in terms of both new installations and shipments of PV modules and inverters grew substantially in 2009 according to recently released analysis from IMS Research.
The world market for PV manufacturing equipment – more than $5bn in 2008 – is projected to exceed $9bn in 2013. Asia, China in particular, is expected to be a key growth driver, accounting for over half of photovoltaic manufacturing equipment revenues through to 2013.
Suppliers of photovoltaic manufacturing equipment largely see the market moving to Asia in the near future. Minimising labour cost is a key goal; and relocating equipment production to Asia is an ...
Austin, Texas (November 9th, 2009).In a move that will consolidate its position as one of the leaders in the Electronics Market Research field, IMS Research announced today that it has acquired Young Market Research (YMR), a highly innovative research company that focuses on the Displays, TV, Solid-State Lighting and Photovoltaic (PV) industries.
New YMR PV Report Shows Revenues Rebound But Margins Fall in Q2'09, Strong Q3'09 Outlook for Chinese Players
September 22, 2009
AUSTIN, TEXAS, September 22, 2009 – Young Market Research (YMR) has released the first issue of its Weekly PV Supply Chain Health Report. This unique report provides its users with all the data and insights released by publicly traded PV supply chain companies in their quarterly earnings reports, stock exchange filings, press releases and conference calls along with unbiased analysis within 24 hours of their earnings calls with historical data ...
YMR Report Reveals Significant Mismatch Between Solar Cell Shipment Targets and Likely 2009 Results - Further Reductions in Guidance Expected
June 16, 2009
AUSTIN, TEXAS, June 16, 2009 – Young Market Research (YMR) has released the first issue of its Monthly Solar Cell Capacity, Shipment and Company Profile Database and Report. This three-in-one report features essential supply, shipment and company profile data and analysis on over 210 different cell manufacturers.
According to YMR President Ross Young, “The first issue of this report shows that solar cell manufacturers are currentl ...
