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Huawei, Sungrow retain lead in 589-GW PV inverter market in 2024
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.
Global Solar Inverter Shipments Reach 589 GW in 2024
Huawei and Sungrow Power Supply remained the top two global solar inverter suppliers for the tenth consecutive year, with a combined market share of 55% in 2024.
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 report.
Huawei, Sungrow lead Wood Mackenzie''s inverter market ranking
Wood Mackenzie has published its global solar inverter manufacturing ranking for the first half of 2025. The ranking places Chinese manufacturers Huawei and Sungrow at the top of the list,...
WoodMac: Huawei and Sungrow held largest inverter market share in
Huawei and Sungrow ranked as the top two global solar inverter manufacturers for the first half of 2025, based on the “Global Solar Inverter Manufacturer Rankings H1 2025” report from Wood
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.
Huawei, Sungrow Extend Decade-long Lead in Global Inverter Race
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 GWac—roughly 55 % of all
Huawei, Sungrow Held 55% of Global Inverter Market in 2024: Report
Joseph Shangraw, research associate at Wood Mackenzie, said: “Both vendors consolidated the market and achieved their highest ever market shares in 2024. Huawei delivered
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