SMA Retains Top Ranking in Global PV Inverter Market, but Competitors are Gaining, IHS Says

Dateline City:
ENGLEWOOD, Colo.

ENGLEWOOD, Colo. (May 12 2016) – SMA retained its position as the world’s largest photovoltaic (PV) inverter supplier in 2015, maintaining the company’s 14 percent share of global PV inverter revenue it held in 2014. SMA had previously dominated the global PV inverter market, but the company has been challenged to maintain its market position following the decline of the European solar market, according to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight.

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