IMS
Research
forecasts
a
2012
PV
inverter
market
of
nearly
32GW,
but
the
analysis
firm
says
industry
revenues
are
only
expected
to
grow
3%
this
year
to
$7bn,
after
shrinking
in
2011.
“Inverter
prices
will
see
another
double-digit
drop
in
2012,
partly
driven
by
product
mix
change,
and
shifts
in
demand
to
lower
cost
countries,
but
also
standard
price
erosion
as
major
markets
stagnate,"
Ash
Sharma,
IMS
Research
PV
practice
director,
says
in
a
statement.
Two
US
manufacturers
appear
to
have
bucked
that
trend
in
the
second
quarter.
Inverter
maker
Power-One
says…
