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Huawei, Sungrow Extend Decade-long Lead in Global Inverter
Industry stalwarts Huawei and Sungrow topped the leaderboard for the tenth straight year and tightened their grip in the process. The pair shipped a combined 324
Huawei, Sungrow Held 55% of Global Inverter
The research placed Huawei and Sungrow in the first and second positions in the rankings for the 10th consecutive year, together
Huawei Leads Global Inverter Market as
Huawei and Sungrow''s consistent leadership reflects their advanced technology and strong market presence, particularly in high
Huawei Photovoltaic Inverters in 2025: Leading the Global Solar
Huawei remains a top-tier producer of photovoltaic inverters, commanding 23% of global market share as of Q1 2025 according to Wood Mackenzie''s latest renewable energy
Global PV inverter shipments grew by 56% in 2023
Industry leaders Huawei and Sungrow extended their market dominance and retained their first and second positions in the rankings,
Huawei Leads Global Inverter Market as Shipments Hit 589 GW
Huawei and Sungrow''s consistent leadership reflects their advanced technology and strong market presence, particularly in high-demand regions. The growth in inverter
PV inverter market share globally by shipments | Statista
In 2022, Huawei had the largest PV inverter market shipments worldwide, accounting for some 29 percent of the market.
PV inverter market share globally by shipments
In 2022, Huawei had the largest PV inverter market shipments worldwide, accounting for some 29 percent of the market.
Huawei s photovoltaic inverter market share
In 2022, Huawei had the largest PV inverter market shipments worldwide, accounting for some 29 percent of the market.
Solar Inverter Market Report 2025: Key Players include Schneider
Asia Pacific leads market growth, while energy storage integration boosts North American demand. Key players in the market include Schneider Electric, SolarEdge, and Huawei.
Huawei leads global inverter market as shipments
Chinese conglomerate Huawei was the world''s largest inverter supplier in 2024, followed by Sungrow, Ginlong Solis, Growatt, and
Huawei leads global inverter market as shipments hit 589 GW in
Chinese conglomerate Huawei was the world''s largest inverter supplier in 2024, followed by Sungrow, Ginlong Solis, Growatt, and Sineng. New figures from Wood Mackenzie
Huawei, Sungrow Held 55% of Global Inverter Market in 2024:
The research placed Huawei and Sungrow in the first and second positions in the rankings for the 10th consecutive year, together accounting for 55% of the global inverter market.
Huawei, Sungrow retain lead in 589-GW PV inverter market in 2024
Huawei and Sungrow retained the top two positions for the 10th consecutive year, together accounting for 55% of the global market. Both companies achieved their highest ever
Global PV inverter shipments grew by 56% in 2023 to 536 GWac
Industry leaders Huawei and Sungrow extended their market dominance and retained their first and second positions in the rankings, respectively. Together they captured
Huawei, Sungrow retain lead in 589-GW PV
Huawei and Sungrow retained the top two positions for the 10th consecutive year, together accounting for 55% of the global market. Both
FAQs about Huawei solar inverter market share
Are Huawei & Sungrow leading the global inverter market?
" Huawei and Sungrow ranked first and second in the rankings for the 10th consecutive year, combining for 55% of the global inverter market." Total global inverter shipments reached 589 GW (AC) in 2024, up 10% from 2023.
What is the global PV inverter market share?
Global PV inverter shipments grew by 10% to 589 gigawatts alternating current (GWac) in 2024, according to Wood Mackenzie's Global Solar Inverter Market Share Report 2025. The research placed Huawei and Sungrow in the first and second positions in the rankings for the 10th consecutive year, together accounting for 55% of the global inverter market.
Does a Huawei PV inverter include sales tax?
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price. In 2022, Huawei had the largest PV inverter market shipments worldwide, accounting for some 29 percent of the market.
Which PV inverter suppliers are based in China?
Nine of the top 10 PV inverter suppliers are based in China. Huawei and Sungrow retained the top two positions for the 10th consecutive year, together accounting for 55% of the global market. Both companies achieved their highest ever market shares in 2024, said Joseph Shangraw, research associate at Wood Mackenzie.
