Huawei PV Inverter Ranking

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Top 10 solar PV inverter vendors cornered 86% of the

Huawei and Sungrow remained market leaders in 2022, as they have done since 2015, while AISWEI and SOFAR entered the top 10 ranking. The top 10 global photovoltaic (PV) inverter vendors accounted for 86% of the

Top five solar inverter vendors accounted for 71% of

Wood Mackenzie noted that the top five vendors shipped more than 200 GWac and accounted for 71% of total global PV inverter shipments in 2022, up 8% from 2021. The report notes that 2022 top vendor Huawei

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Top 10 solar PV inverter vendors account for 86% of

Huawei PV Inverter Ranking [PDF]

6 FAQs about [Huawei PV Inverter Ranking]

What is the global PV inverter market share in 2022?

In terms of market concentration, the top 5 vendors (Huawei, Sungrow, Ginlong, Growatt, and GoodWe) shipped over 200 gigawatts (GW) of inverters, accounting for 71% of the total global PV inverter shipments in 2022 – a year-over-year growth of 8%. The market share for vendors in positions 11-20 shrank to 13% in 2022 compared to 16% in 2021.

Which PV inverter vendors shipments grew the most in 2022?

The top five vendors – Huawei, Sungrow, Ginlong Solis, Growatt, and GoodWe – shipped more than 200 GWac and accounted for 71% of total global PV inverter shipments in 2022, growing 8% from 2021. Huawei’s shipments saw a significant increase of 83% in 2022 compared to 2021, while Sungrow’s shipments expanded 56% in the same period.

Which solar inverter manufacturers ranked up 82% in 2021?

The top 10 list of inverter manufacturers ranked up 82% of the market share in 2021. Image: SMA Solar Technology. Huawei and Sungrow have maintained their leadership of the solar inverter market for the seventh year in a row, according to Wood Mackenzie.

Which inverter vendors were ranked in 2022?

The top eight vendors of 2021 held their ranks in 2022, with only Ginlong Solis and Growatt swapping third and fourth positions from 2021. Aiswei and Sofar jumped up three ranks to enter the top 10 ranking, holding the ninth and tenth positions respectively in 2022. Asia Pacific leads inverter market

Which PV inverter vendors are the best in the world?

Ginlong Solis secured the third position, primarily driven by its shipments in China. Aiswei and Sofar made significant progress by climbing three positions to secure spots in the top 10 rankings. They held the ninth and tenth positions, respectively, among the leading PV inverter vendors.

How many solar inverters were shipped in 2022?

As a result, the total global shipments of PV inverters reached 333 GWac in 2022. Among the top five vendors, Huawei, Sungrow, Ginlong Solis, Growatt, and GoodWe, more than 200 GWac was shipped, accounting for 71% of the total global PV inverter shipments in 2022. This represents an 8% increase compared to the previous year.

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