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
The global shipments of PV inverters increased by 10% to 589 gigawatts alternating current (GWac) in 2024, according to Wood Mackenzie.
In 2022, Huawei had the largest PV inverter market shipments worldwide, accounting for some 29 percent of the market.
“Huawei delivered 176 GWac of PV inverters and extended its global lead with strong performances in China, Europe, Latin America and Africa. Sungrow delivered 148 GWac, ranking
Huawei delivered 176 GWac of PV inverters and extended its global lead with strong performances in China, Europe, Latin America and Africa. Sungrow delivered 148 GWac, ranking
Huawei and Sungrow''s consistent leadership reflects their advanced technology and strong market presence, particularly in high-demand regions. The growth in inverter shipments
Huawei delivered 176 GWac of PV inverters and extended its global lead with strong performances in China, Europe, Latin America and Africa. Sungrow delivered 148 GWac, ranking
The top 10 PV inverter vendors, led by Chinese giants Huawei and Sungrow, controlled 81% of the global market. Huawei and Sungrow alone captured over 50% of the global share, thanks largely to
Chinese companies made up nine of the 10 largest global inverter suppliers in 2024, with total inverter shipments reaching 589 GW (AC), according to Wood Mackenzie. Chinese
Huawei and Sungrow retained top ranks on Wood Mackenzie''s global solar PV inverter shipment rankings for 2024, jointly controlling 55% of the global inverter market share.
PDF version includes complete article with source references. Suitable for printing and offline reading.
