Huawei and Sungrow ranked as the top two global solar inverter manufacturers for the first half of 2025, based on the “Global Solar Inverter Manufacturer Rankings H1 2025” report from Wood Mackenzie. . 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 rankings evaluate 23 leading manufacturers from seven countries based on eight performance. . The global solar inverter market size was exhibited at USD 10. 34 billion in 2023 and is projected to hit around USD 22. 3% during the forecast period of 2024 to 2033. Asia-Pacific accounted for the largest revenue share of around 44% in 2023. I need the full data tables, segment breakdown, and competitive landscape for. . It is expected to continue growing at a CAGR of 11. 81%, reaching USD 25. 20 billion by 2032. Solar photovoltaic inverters serve as the critical link between energy generation and power utilization, converting direct current output from solar modules into alternating current compatible with grid and. . The global Solar PV Inverter Market is witnessing unprecedented growth, propelled by the accelerating adoption of renewable energy and increasing investments in solar power infrastructure. Valued at USD 59.
