SMA led the U.S. inverter market in 2014, shipping 24 percent of all inverters sold within the United States. In the same time period, Advanced Energy ranked third, shipping 17 percent of inverters sold in the U.S.

That's according to GTM Research’s latest analyst note, PV Inverter Market Shares and 2015 Outlook. The top three vendors, SMA, ABB, and Advanced Energy, combined to ship 59 percent of all inverters sold in the United States.

“Advanced Energy’s exit from the market creates an immediate opportunity for all commercial and utility inverter manufacturers in the United States,” writes solar analyst Scott Moskowitz about the company’s impending wind-down. “We see these markets as a combined 11.7 gigawatts-DC opportunity in 2015 and 2016."

As outlined in the note, market shares shifted dramatically in the first quarter of 2015 due to uncertainty over Advanced Energy’s ownership status, in addition to strong momentum for SolarEdge amidst the company’s March IPO.

SolarEdge narrowly beat out Enphase as the leading supplier to the U.S. residential market in the first quarter of 2015, according to the note.