In 2021, despite the unfavorable factors such as repeated COVID-19 epidemics, price increases of various raw materials, and power outages, the photovoltaic industry will still maintain a rapid growth trend.
Riding the east wind of the industry, magnetic components are soaring
In 2021, despite the unfavorable factors such as repeated COVID-19 epidemics, price increases of various raw materials, and power outages, the photovoltaic industry will still maintain a rapid growth trend. In 2021, the global photovoltaic installed capacity will increase by 133GW, a year-on-year increase of 5.5%. 54.88GW, a year-on-year increase of 13.9%. Benefiting from the growth of domestic downstream application market demand, the upstream and downstream of the industrial chain still achieved a relatively high growth rate.
In 2021, the operating income of Sungrow, a leading photovoltaic inverter company, will reach 24.136 billion yuan, a year-on-year increase of 25.15%, of which the photovoltaic industry will increase by 18.15% year-on-year. The global shipment of photovoltaic inverters is 47GW, including 18GW domestically and 29GW overseas. The global market share is over 30%.
Photovoltaic inverters mainly include magnetic components such as EMC filter inductors, boost boost inductors, inverter inductors, high and low frequency isolation transformers, and drive transformers. At present, many domestic magnetic components and material manufacturers have entered the photovoltaic field.
Energy crisis pushes photovoltaic industry into a new stage
Entering 2022, with the outbreak of the conflict between Russia and Ukraine, the prices of energy products such as oil and natural gas have begun to rise. Both Russia, the United States and Europe regard energy as a bargaining chip for mutual restraint, which has completely disrupted the world energy supply pattern and also has a sound effect on the energy security of all countries in the world. wake up call. Changes in the geopolitical landscape have cast a cloud over the global political and economic environment. However, from the perspective of the photovoltaic industry, as an energy alternative, and the dual-carbon goal has become a global consensus, the photovoltaic industry may attract a new round of development opportunities.
Starting from 2021, in addition to household photovoltaics, photovoltaic projects will be fully subsidized and enter the era of parity. In the absence of subsidies, mobilizing more idle roof resources and developing distributed photovoltaics may become the mainstream of my country's photovoltaic industry development, and even photovoltaic dining cars, photovoltaic buses, photovoltaic light poles, photovoltaic charging and other scenes may enter human beings In daily life, as one of the most important end markets for photovoltaics, magnetic components are also expected to rise again.

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