Global PV inverter shipments grew by 56% to 536 gigawatts alternating current (GWac) in 2023, reflecting a strong year for the broader solar industry. The top 10 global PV inverter vendors accounted for 81% of the market, according to Wood Mackenzie’s ‘ Global solar inverter and module-level power electronics market share 2024’ report.
According to Wood Mackenzie’ s “Global Solar Inverter and Module-Level Power Electronics Market Share 2024” report, the top 10 global PV inverter vendors captured 81% of the market. China led the charge, responsible for over half of global shipments as its solar demand doubled in 2023.
Global PV inverter shipments grew by 56% to 536 gigawatts alternating current (GWac) in 2023, reflecting a strong year for the broader solar industry. The top 10 global PV inverter vendors accounted for 81% of the market.
In 2022, Huawei had the largest PV inverter market shipments worldwide, accounting for some 29 percent of the market. Huawei was followed by Sungrow Power Supply and Ginlong Solis in the second and third position respectively, based on shipments. Get notified via email when this statistic is updated. * For commercial use only
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In terms of geographic reach, Asia Pacific consumed over half or 116,064 MWac of the global solar PV inverter shipments in 2021. Shipments to China, India and Australia …
Sineng Electric and Ginlong (Solis) Technologies rounded off the top five. As of June 2024, Sungrow’s cumulative solar inverter …
On the back of a strong year for the solar industry, global photovoltaic (PV) inverter shipments jumped by 56% to 536 GW AC in …
The global energy landscape saw a significant shift in 2023, marked by a 56% increase in solar photovoltaic (PV) inverter shipments, to reach 536 …
Global solar inverter shipments rose 10% YoY to 589 GW AC in 2024, according to Wood Mackenzie Asia led global inverter growth …
Only hybrid inverters that are DC-coupled to PV installations are included in the rankings. To view the full shipment rankings of top global manufactures, as well as regional …
According to Wood Mackenzie’ s “Global Solar Inverter and Module-Level Power Electronics Market Share 2024” report, the top 10 global PV inverter vendors captured 81% of …
The world''s top 10 solar photovoltaic (PV) module manufacturers shipped a record 500 gigawatts (GW) of modules in 2024, …
Global PV inverter shipments grew by 10% to 589 gigawatts alternating current (GWac) in 2024. Asia Pacific, led by China, accounted …
Shipments of solar PV inverters grew 56% year-on-year between 2022 to 2023 to reach 536GW, according to research and …
Explore the top PV module suppliers based on shipment volume from 2022 onwards. Discover the leading players shaping the solar industry landscape.
Wood Mackenzie, a globally recognized research institution for energy and natural resource markets, has officially released the 2024 Global PV Inverter Shipment Rankings. …
Read Sungrow Holds the Global No. 1 Position in PV Inverter Shipments for 2023 to learn about the latest renewable energy updates from Sungrow.
Two companies ranked first and second in Wood Mackenzie''s global inverter shipment rankings for the 10th consecutive year. Find out who.
PVTIME – On 10 June 2025, the PVBL 2025 Global Top 100 Solar Brands rankings and the PVBL 2025 Global Solar Brand Influence …
Top Solar Inverter Shippers Revealed For the tenth consecutive year, two manufacturers ranked first and second in Wood Mackenzie’s global inverter shipment rankings — with the pair …
Global solar inverter shipments rose 10% YoY to 589 GW AC in 2024, according to Wood Mackenzie Asia led global inverter growth last year, while the US and Europe faced …
Two companies ranked first and second in Wood Mackenzie''s global inverter shipment rankings for the 10th consecutive year. Find out …
Global solar photovoltaic (PV) inverter shipments reached a record high in 2022, surpassing 330 gigawatts (GWac), according to a recent analysis by Wood Mackenzie. The …
In 2022, Huawei had the largest PV inverter market shipments worldwide, accounting for some 29 percent of the market.
PVTIME – On 10 June 2025, the PVBL 2025 Global Top 100 Solar Brands rankings and the PVBL 2025 Global Solar Brand Influence Report were unveiled at the 10th Century …
The global energy landscape saw a significant shift in 2023, marked by a 56% increase in solar photovoltaic (PV) inverter shipments, to reach 536 GWac. China, a powerhouse in solar …
What is the global PV inverter market share? Global PV inverter shipments grew by 56% to 536 gigawatts alternating current (GWac) in 2023, reflecting a strong year for the broader solar …
Wuxi, China, July 18, 2025 — Sineng Electric, a global leading PV+ESS solution provider, has once again secured the No. 4 position worldwide in PV inverter shipments for 2024, according …
According to Wood Mackenzie’ s “Global Solar Inverter and Module-Level Power Electronics Market Share 2024” report, the top 10 …
In 2022, Huawei had the largest PV inverter market shipments worldwide, accounting for some 29 percent of the market.
Only hybrid inverters that are DC-coupled to PV installations are included in the rankings. To view the full shipment rankings of top …
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