The global inverter market faces a shifting landscape as we move into 2015, as pricing continues to fall, demand for a wider scope of services increases, and expansion of demand into new markets with weak grids creates the need for more flexible architectures, according to a new report from GTM Research detailing technology, market and price trends in the segment.

These changes require extremely targeted strategies for surviving inverter suppliers. The global market will continue to diversify, with the top three markets (China, Japan, and the U.S.) forecasted to account for 59% of demand in 2015 after a high of 68% in 2014. Global inverter shipments are expected to reach 50.6 GW in 2015 with a market size of $7.3 billion.

The report