In total, nine of the top 10 global PV inverter vendors are headquartered in China, according to Wood Mackenzie’s Global solar inverter market share report 2025. The Asia Pacific region (APAC), which includes China, India and Southeast Asia, accounted for 69% of all shipped capacity.
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 their popular utility-scale inverters, reports the market analyst.
Global solar PV inverter* shipments grew by 56% in 2023 to 536 GWac, with China accounting for half of all shipments as the country’s solar demand doubled in 2023, according to the latest analysis by Wood Mackenzie. The top 10 PV inverter vendors, led by Chinese giants Huawei and Sungrow, controlled 81% of the global market.
The global market for central inverters is anticipated to be over USD 30.8 billion by 2034. These inverters have been categorized as stationary inverters primarily serving across a large-scale solar farm or a utility-aided solar deployment.
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The global PV industry is experiencing rapid growth, and within this sector, the market for PV inverters is also expanding quickly. …
The global solar inverter market will contract for two consecutive years, declining 2% to 577 GWAC in 2025 and a further 9% to 523 GWAC in 2026, according to Wood …
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The global PV inverter market was valued at USD 34.6 billion in 2024 and is estimated to grow at a CAGR of 9.5% from 2025 to 2034.
PVTIME – On 10 June 2025, the PVBL 2025 Global Top 100 Solar Brands rankings and the PVBL 2025 Global Solar Brand Influence …
Introducing the Wave 5000 Pro, a 5.5KW hybrid solar inverter with an input voltage of DC 48V and an output frequency of 50/60 Hz. …
The global solar inverter market will contract for two consecutive years, declining 2% to 577 GWAC in 2025 and a further 9% to 523 …
The global solar inverter market is set to contract over the next two years, according to analysis from Wood Mackenzie. The consultancy is forecasting the market will fall to 577 …
The global energy landscape saw a significant shift in 2023, marked by a 56% increase in solar photovoltaic (PV) inverter shipments, to reach 536 …
May 18, 2025 — Sunrich Solar Co., Ltd. is proud to announce the successful shipment of three 40HQ containers filled with Growatt solar …
Global PV inverter shipments grew by 10% to 589 gigawatts alternating current (GWac) in 2024. Asia Pacific, led by China, accounted …
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Global PV inverter shipments grew by 10% to 589 gigawatts alternating current (GWac) in 2024. Asia Pacific, led by China, accounted for nearly all global growth, while the …
Global solar inverter shipments are forecast to decline through 2026, with regional contractions in China, Europe, and the U.S. driven by overcapacity, policy shifts, and …
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 world’s leading solar inverter and energy storage company Sungrow from China plans to list itself on the Frankfurt Stock Exchange, operated by Deutsche Börse, as it …
The global PV inverter market was valued at USD 34.6 billion in 2024 and is estimated to grow at a CAGR of 9.5% from 2025 to 2034.
The global solar inverter industry will contract over the next two years as markets in China, Europe and the US confront new volatility.
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After record shipments in 2024, the global solar inverter market is set for a two-year downturn, shrinking 2% to 577 GWac this year and another 9% to 523 GWac in 2026, …
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 …
In what might be a sign of things to come in other regions, the European Union has declared the dependence on solar inverters from China as a high risk dependency.
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China-based Sineng Electric has inaugurated a 3GW solar inverter factory at Bengaluru in the Indian state of Karnataka.
SMA, as the inverter giant in the global PV market, especially SMA China, will sustain its brand influence in markets overseas. SMA will provide custom and expandable PV, …
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