“ Huawei and Sungrow ranked first and second in the rankings for the 10th consecutive year, combining for 55% of the global inverter market.” Total global inverter shipments reached 589 GW (AC) in 2024, up 10% from 2023.
Nine of the top 10 PV inverter suppliers are based in China. Huawei and Sungrow retained the top two positions for the 10th consecutive year, together accounting for 55% of the global market. Both companies achieved their highest ever market shares in 2024, said Joseph Shangraw, research associate at Wood Mackenzie.
Global PV inverter shipments grew by 10% to 589 gigawatts alternating current (GWac) in 2024, according to Wood Mackenzie's Global Solar Inverter Market Share Report 2025. The research placed Huawei and Sungrow in the first and second positions in the rankings for the 10th consecutive year, together accounting for 55% of the global inverter market.
In 2024, China's solar inverter industry remains a global powerhouse, with manufacturers setting new standards in innovation, efficiency, and cost-effectiveness. The top 10 inverter manufacturers in China, including leaders like Sungrow and Huawei in grid-tied sectors, showcase advanced technology and diverse products.
The ultra-lean structure enables 1 blade per site while keeping reliability, helping cut TCO and carbon emissions. Huawei outdoor power solutions are designed for carrier ICT sites. The all-in-one system supports multiple input (grid/PV/genset) and output (12/24/48/57 V DC, 24/36/220 V AC) modes.
Huawei Site Power Facility delivers site power solutions with high efficiency, integrating power supply, management, and protection to support resilient, low-carbon operations.
Huawei adopts AI-based technologies to realize intelligent scheduling of energy sources such as the grid, genset, and solar power, providing reliable power supply in areas with no or unstable grid power, maximizing energy efficiency, and promoting green and sustainable development.
Huawei power subracks support a wide range of AC input and DC output. They can be used independently or deployed in power systems. Standard dimensions and modular design (distribution module, monitoring module, and rectifier) enable flexible capacity expansion and easy installation.
Perfect for homeowners, installers, and businesses looking for reliable and scalable solar power, Huawei's solutions deliver high efficiency, intelligent energy management, and long-term ROI. List Price R 43,506.00 EXCL. VAT R 27,837.30 EXCL. VATNet Price R 15,668.70 EXCL. VAT R 18,019.01 INCL. VAT List Price R 1,013.00 EXCL. VAT R 648.65 EXCL.
Danie Poolman, Solar Manager at Sunspot Farm, has been very impressed with the Huawei solution. "This system has several layers of safety to protect against water exposure and ensure even heat dissipation,” he says. “Each battery pack can identify faults, making it easy to address any potential risks safely and efficiently.
Known for innovation and reliability, Huawei solar solutions combine cutting-edge technology with AI-powered smart management to maximize energy yield and ensure long-term stability.
Huawei's inverters are compact, highly efficient, and feature smart safety functions like AFCI (Arc Fault Circuit Interruption) and rapid shutdown. Perfect for homeowners, installers, and businesses looking for reliable and scalable solar power, Huawei's solutions deliver high efficiency, intelligent energy management, and long-term ROI.
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