Technical FAQs 4

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 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.

How did global PV inverter shipments grow 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.

Which PV inverter vendors shipped the most in 2022?

Wood Mackenzie said that the top five vendors shipped more than 200 GW (AC) and accounted for 71% of total global PV inverter shipments in 2022, up 8% from 2021. The report notes that fir the top vendor of 2022, Huawei, shipments increased by 83%. Ginlong Solis posted growth of 86%.

Who are the top solar inverter vendors in 2022?

Anne is a seasoned writer, editor, and journalist. Huawei, Sungrow, Ginlong, Solis, Growatt, and GoodWe emerged as the top solar inverter vendors in 2022, driving a significant portion of the year's 330 GW (AC) of global inverter shipments.

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Solar inverter shipment ranking

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4 days ago · Two companies ranked first and second in Wood Mackenzie''s global inverter shipment rankings for the 10th consecutive year. Find out

China Leads 589 GW AC Global PV Inverter

Jul 11, 2025 · Global solar inverter shipments rose 10% YoY to 589 GW AC in 2024, according to Wood Mackenzie Asia led global inverter growth

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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

Global solar PV inverter shipments | Statista

Nov 28, 2025 · In 2024, global solar PV inverter shipments reached 589 gigawatts alternating current. Since 2018, inverter shipments worldwide have increased by almost 480 gigawatts.

Global PV inverter shipments grew by 56% in

Aug 6, 2024 · Global PV inverter shipments grew by 56% to 536 gigawatts alternating current (GWac) in 2023, reflecting a strong year for the

Shipment Ranking|one|Solarbe Global

May 8, 2024 · Explore the top PV module suppliers based on shipment volume from 2022 onwards. Discover the leading players shaping the solar industry landscape.

Top Solar Inverter Shippers Revealed

4 days ago · Two companies ranked first and second in Wood Mackenzie''s global inverter shipment rankings for the 10th consecutive year. Find out who.

China Leads 589 GW AC Global PV Inverter Shipments In 2024

Jul 11, 2025 · 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

Global PV inverter shipments grew by 56% in 2023 to 536

Aug 6, 2024 · 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

Top 5 solar inverter suppliers accounted for 71% of shipments

Aug 15, 2023 · Huawei, Sungrow, Ginlong, Solis, Growatt, and GoodWe emerged as the top solar inverter vendors in 2022, driving a significant portion of the year''s 330 GW (AC) of global

AISWEI, Parent Company of Solplanet, Tops Global Residential Inverter

Aug 20, 2025 · Wood Mackenzie, a globally recognized research institution for energy and natural resource markets, has officially released the 2024 Global PV Inverter Shipment Rankings.

2025 Top 20 Global Solar Inverter Brands Revealed by PVBL

Nov 6, 2025 · 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

2025 Top 20 Global Solar Inverter Brands

Nov 6, 2025 · PVTIME – On 10 June 2025, the PVBL 2025 Global Top 100 Solar Brands rankings and the PVBL 2025 Global Solar Brand Influence

21-year ranking of photovoltaic inverters

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

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