Photovoltaic inverter enterprise ranking

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.

2023 World’s Top 20 Global Photovoltaic Inverter Brands Revealed by PVBL. May 25, 2023 by Aleina in Observation. PVTIME – Cohesion of PV brands promotes strong development of technology and services for solar energy and energy storage industry. On 22-23 May 2023, the CPC 8th Century Photovoltaic Conference of 2023 and PVBL 11th Global PV .

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 increase in global PV inverter shipments.

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.

Aiswei and Sofar jumped up three ranks to enter the top 10 ranking, holding the ninth and tenth positions respectively in 2022. In the APAC region, China led the market with 78% of inverter shipments as solar experienced unprecedented growth.

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How pvbl ranked the top 20 global photovoltaic inverter brands in 2023?

Which inverter vendors were ranked in 2022?

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

What is the global demand for PV inverters in 2022?

The global PV demand of 201 gigawatt alternating current (GWac) in 2022 contributed to 48% growth year-over-year for PV inverters. In terms of inverter shipments, strong growth in Europe, Asia Pacific, and the United States where government support bolstered to meet clean energy goals led to a total of 333 GWac of global shipments in 2022.

Which inverter companies are leading the market growth in 2023?

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. Sungrow and Huawei tied for first place in the list with outstanding performance.

Where did PV inverter shipments grow in 2022?

Strong growth in the PV markets in Europe, Asia Pacific and the United States drove the 333 gigawatts alternating current (GWac) of inverter shipments in 2022. Government support has increased across these regions in a bid to meet clean energy goals. Europe held 28% of the global market for PV inverter shipments in 2022.

Which region has the most inverter shipments in 2022?

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.

Photovoltaic inverter enterprise ranking