Huawei, Sungrow Extend Decade-long Lead in Global Inverter Race
The pair shipped a combined 324 GWac—roughly 55 % of all inverters sold—each posting its highest share on record. Huawei widened its margin, delivering 176 GWac thanks to strong utility
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 and Sungrow lead global solar inverter market share in the
Huawei and Sungrow ranked as the top two global solar inverter manufacturers for the first half of 2025, with scores of 93.9 and 93.7, respectively. This ranking is based on the Global Solar
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.
Solar Inverter Market Report 2025: Key Players include Schneider
Due to infrastructural development and growing number of construction and building projects, the demand for solar inverter is growing at a rapid pace.
Huawei, Sungrow Held 55% of Global Inverter Market in 2024: Report
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 retain inverter market dominance
According to research group Wood Mackenzie (WoodMac), last year saw 333GWac of inverter shipments globally, driven by increased demand in Europe, the US and Asia-Pacific and
Huawei leads global inverter market as shipments hit 589 GW in 2024
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, Sungrow lead Wood Mackenzie''s inverter market ranking
In December, the consultancy predicted global solar inverter demand to contract in 2025 and 2026, driven by market uncertainty in China, Europe and the United States.