PVBL has revealed the 2025 list of top 20 global solar inverter brands, with Sungrow and Huawei leading the pack, showcasing strong performance despite industry headwinds and global demand shifts. June 14, 2025. By EI News Network
Huawei's inverter division also maintained strong momentum, with both players continuing to dominate the global inverter market. Other notable companies in the top 20 include TBEA, Senergy, Deye, and Ginlong (Solis), while SOFAR garnered investor confidence by successfully going public in April, a rare feat amid a slowdown in clean energy IPOs.
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
However, inverter companies bucked the trend, becoming the industry's brightest spot. Leading firm Sungrow achieved revenue of 77.86 billion yuan and a net profit of 11.04 billion yuan attributable to the parent company, both of which were record highs, with year-on-year growth of 7.76% and 16.92% respectively.
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
This report provides rankings of the top PV inverter manufacturers based on megawatts shipped, which are broken down globally, regionally, by product type, and by major market. The
With global solar installations on the rise, expanding overseas markets, and a relatively balanced supply-demand equation, inverter companies are well-positioned for sustainable growth.
In 2022, Huawei had the largest PV inverter market shipments worldwide, accounting for some 29 percent of the market.
Discover the top 10 global solar inverter brands—Sungrow, Huawei, Solis, GoodWe, Growatt, SMA, SolarEdge, Power Electronics, FIMER, and Enphase Energy. Explore their unique
The global market for Solar Inverters was estimated to be worth US$ 19600 million in 2024 and is forecast to a readjusted size of US$ 35722 million by 2031 with a CAGR of 9.0% during the forecast
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.
Wood Mackenzie''s first-half 2025 solar inverter ranking finds the top 10 leading inverter manufacturers have a 71% global market share.
Authoritative 2024–2031 analysis of PV Inverter market companies: rankings, revenues, SWOT insights, regional dynamics, and future outlook for investors and strategists.
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 Photovoltaic
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