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
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 market – an increase of 4% year-over-year, whereas the top 3 players captured 60% of the market share for shipments in 2022.
On the first day of the conference, PVBL’s annual ranking of the Top 20 Global Photovoltaic Inverter Brands was announced. Preferential policies promoted the inverter market growth in 2023. Most of the major inverter companies won a large amount of orders and expanded their capacity with high shipment volume.
Asia-Pacific held 50% of the global market with a 44% year-over-year growth in shipments. Over three-quarters (78%) of inverters shipped to the region were directed to China. The US held 13% of the global market in 2022 with 42 GWac of inverter shipments.
The US held 13% of the global market in 2022 with 42 GWac of inverter shipments. PV-storage hybrid inverters made up 10% of the country’s shipments as it continues to integrate solar power into the grid.
Most of the major inverter companies won a large amount of orders and expanded their capacity with high shipment volume. Sungrow and Huawei tied for first place in the list with outstanding performance. Sungrow achieved revenue of 27.65 billion yuan in 2023, up 61% year on year, and net profit of 9.4 billion yuan, with shipments of 130 GW.
2024 Top 20 Global Photovoltaic Inverter Brands Revealed by PVBL
After years of competition, the inverter industry has become quite stable. The overall ranking of the list has not changed much, as most of the leading inverter manufacturers have developed their respective core products, including central inverters, string inverters, micro inverters and energy storage, in a balanced manner. Launched in 2012, the PVBL annual …
Learn More
2023 World''s Top 20 Global Photovoltaic Inverter Brands
The primary indicators are sales, research and development, outgoing shipments, impact and service. Secondary indicators include brand design, brand popularity, brand reputation, brand loyalty, product quality, service quality, marketing promotion, social responsibility, industry impact and societal impact.
Learn More
Solis Australasia
Ningbo, China – August 13th, 2024 – Solis (Ginlong Technologies), a global leader in solar inverter technology, proudly announces it has received the #1 ranking position in global residential inverter shipments, as reported in the latest Wood Mackenzie inverter market share report. Solis also continued to rank as the third-largest inverter manufacturer globally in 2023.
Learn More
2024 Top 20 Global Photovoltaic Inverter Brands Revealed by PVBL
On the first day of the conference, PVBL''s annual ranking of the Top 20 Global Photovoltaic Inverter Brands was announced. Preferential policies promoted the inverter market growth in 2023. Most of the major inverter companies won a large amount of orders and expanded their capacity with high shipment volume.
Learn More
Top 10 solar PV inverter vendors cornered 86% of the …
The top 10 global photovoltaic (PV) inverter vendors accounted for 86% of the market – an increase of 4% year-over-year, whereas the top 3 players captured 60% of the market share for shipments in 2022. A 48% YoY …
Learn More
Solar inverter manufacturer financial health rankings
These new quarterly financial reports from Sinovoltaics rank the financial stability of publicly listed PV module, energy storage, and inverter manufacturers in the United States, Europe, and Asia.
Learn More
Sinovoltaics Ranking of PV, BESS and Inverter …
The reports rank the financial stability of publicly listed PV module, energy storage, and inverter manufacturers in the United States, Europe, and Asia.
Learn More
Company Profile
Energy Storage Inverter ... Achieved top 12 inverter sales ranking in Europe. Earned third place ranking in China PV string inverter brand value (2015-2016) 2011. Ginlong hosted IEC61400 second annual meeting. 2010. Second Asian …
Learn More
2024 Top PV Manufacturers Financial Stability Ranking …
Discover the leading solar panel manufacturers worldwide through Sinovoltaics'' Ranking Report Edition #2-2024. Get free access to the rankings of over 70+ PV module manufacturers, 30+ inverter manufacturers, …
Learn More
Growatt ranked among top 4 global storage hybrid inverter …
A report from Wood Mackenzie has placed Growatt among the top 4 global storage hybrid inverter suppliers in 2022, with a significant market share of 10%. "Since our entry into the residential storage inverter market in 2015, we have established distinctive strengths and advantages in this sector, offering hybrid inverters providing powerful functionalities, ultimate …
Learn More
Top 10 solar PV inverter vendors account for 86% of …
The top 10 global solar photovoltaic (PV) inverter vendors accounted for 86% of market share in 2022, increasing by 4% year-over-year since 2021, according to latest analysis by Wood Mackenzie, a global insight …
Learn More
Energy Storage System Inverter
According to YH Research, the global market for Energy Storage System Inverter should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
Learn More
Battery Energy Storage System Market Trends
Battery Energy Storage Market Size, Share & Industry Analysis, By Type (Lithium-Ion Battery, Lead Acid Battery, Flow Battery, and Others), By Connectivity (Off-Grid, On-Grid), By Application (Residential, Non-Residential, …
Learn More
Solar inverter manufacturer financial health rankings | Q1 2024
These new quarterly financial reports from Sinovoltaics rank the financial stability of publicly listed PV module, energy storage, and inverter manufacturers in the United States, Europe, and Asia.
Learn More
Ginlong (Solis) Earns High Ranking in 2023 Inverter Bankability …
After-sales Service ... Ginlong (Solis) Earns High Ranking in 2023 Inverter Bankability Survey. Author:Solis Time:2024-02-03 14:18:00.0 Pageviews:610. London, UK - January, 2024: In a significant development for the global solar industry, Ginlong (Solis) proudly announces its notable position in the 2023 BloombergNEF (BNEF) Inverter Bankability Survey. …
Learn More
Sinovoltaics Ranking of PV, BESS and Inverter Manufacturers
The reports rank the financial stability of publicly listed PV module, energy storage, and inverter manufacturers in the United States, Europe, and Asia.
Learn More
Top 10 solar PV inverter vendors account for 86% of global
The top 10 global solar photovoltaic (PV) inverter vendors accounted for 86% of market share in 2022, increasing by 4% year-over-year since 2021, according to latest analysis by Wood Mackenzie, a global insight business for renewables, energy and natural resources.
Learn More
2024 Top 20 Global Photovoltaic Inverter Brands …
On the first day of the conference, PVBL''s annual ranking of the Top 20 Global Photovoltaic Inverter Brands was announced. Preferential policies promoted the inverter market growth in 2023. Most of the major inverter …
Learn More
2024 Top PV Manufacturers Financial Stability Ranking Report
Discover the leading solar panel manufacturers worldwide through Sinovoltaics'' Ranking Report Edition #2-2024. Get free access to the rankings of over 70+ PV module manufacturers, 30+ inverter manufacturers, and 40+ energy storage system manufacturers of the financial strength of these manufacturers.
Learn More
Top 10 global inverter brands by 2022 market share
The top 10 global solar photovoltaic (PV) inverter vendors accounted for 86% of market share in 2022, increasing by 4% year-over-year since 2021, according to latest analysis by Wood Mackenzie, a global insight business for renewables, energy and natural resources.
Learn More
Top 10 Solar Inverter Manufacturers In The World
In 2022, the company''s global market share of photovoltaic inverters is 23%, ranking second in the world. The market share of energy storage system is 16%, ranking first in the world.
Learn More
2023 World''s Top 20 Global Photovoltaic Inverter …
The primary indicators are sales, research and development, outgoing shipments, impact and service. Secondary indicators include brand design, brand popularity, brand reputation, brand loyalty, product quality, …
Learn More
Solis Takes No. 3 Position in Global Inverter Rankings
Ningbo, China.June 2022. International authoritative research institution IHS Markit (part of S&P Global) announces the top 10 global solar inverter shipments for 2021 withGinlong (Solis) taking the No.3 position.. According to the research, Solis not only leads the distributed inverter shipments in relevant regions around the world, but also for the first time ranks top 10 in the …
Learn More