PV inverter shipments

Global PV inverter shipments up 10% in 2024 | Asian Power

Jul 14, 2025 · The global shipments of PV inverters increased by 10% to 589 gigawatts alternating current (GWac) in 2024, according to Wood Mackenzie.

2026 Feb 08

Global surge in solar PV inverter shipments

The global energy landscape saw a significant shift in 2023, marked by a 56% increase in solar photovoltaic (PV) inverter shipments, to reach 536

2025 Aug 28

Global PV inverter shipments grew by 10% in 2024 to 589 GW

Jul 11, 2025 · 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

2024 Jan 26

Global PV inverter shipments up 10% in 2024

Jul 14, 2025 · The global shipments of PV inverters increased by 10% to 589 gigawatts alternating current (GWac) in 2024, according to Wood

2024 Nov 04

Global PV Inverter Shipments Reach 589 GWac As Asia

Dec 4, 2025 · Global photovoltaic inverter shipments increased by 10% in 2024, driven by the Asia-Pacific region, which accounts for nearly seven out of ten shipments, while China

2024 Mar 13

Global surge in solar PV inverter shipments highlights

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

2025 Jun 20

Global PV Inverter Shipments Reach 589

Dec 4, 2025 · Global photovoltaic inverter shipments increased by 10% in 2024, driven by the Asia-Pacific region, which accounts for nearly seven

2024 Sep 26

PV inverter market share globally by

Nov 28, 2025 · In 2022, Huawei had the largest PV inverter market shipments worldwide, accounting for some 29 percent of the market.

2024 May 19

APAC led 589GW global PV inverters

Jul 11, 2025 · The APAC region has accounted for 69% of the 589GW solar PV inverters shipped in 2024, according to a report from analyst Wood

2024 Jan 11

SungrowHolds the Global No. 1 Position in PV Inverter Shipments

Jul 10, 2024 · Read Sungrow Holds the Global No. 1 Position in PV Inverter Shipments for 2023 to learn about the latest renewable energy updates from Sungrow.

2025 Sep 10

APAC led 589GW global PV inverters shipments in 2024

Jul 11, 2025 · The APAC region has accounted for 69% of the 589GW solar PV inverters shipped in 2024, according to a report from analyst Wood Mackenzie.

2024 May 24

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

2025 Sep 02

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

2025 Jan 09

Huawei leads global inverter market as shipments hit 589

Jul 11, 2025 · Chinese companies made up nine of the 10 largest global inverter suppliers in 2024, with total inverter shipments reaching 589 GW (AC), according to Wood Mackenzie.

2025 Dec 08

Huawei leads global inverter market as

Jul 11, 2025 · Chinese companies made up nine of the 10 largest global inverter suppliers in 2024, with total inverter shipments reaching 589 GW

2024 Jun 21

PV inverter market share globally by shipments | Statista

Nov 28, 2025 · In 2022, Huawei had the largest PV inverter market shipments worldwide, accounting for some 29 percent of the market.

2024 Feb 01

Global Solar Inverter Shipments Grew By 56%:

Aug 9, 2024 · Solar inverter shipments surged by 56%, reaching 536 Gigawatts (GW) of alternating current (GWac) in 2023, reflecting robust

2025 Oct 07

Global Solar Inverter Shipments Grew By 56%: Wood

Aug 9, 2024 · Solar inverter shipments surged by 56%, reaching 536 Gigawatts (GW) of alternating current (GWac) in 2023, reflecting robust growth in the solar industry, a latest

2025 Feb 17

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4 FAQs about PV inverter shipments

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?

What is the global solar PV inverter market like in 2023?

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.

Who has the largest PV inverter market shipments in 2022?

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