Huawei, Sungrow Held 55% of Global Inverter
The research placed Huawei and Sungrow in the first and second positions in the rankings for the 10th consecutive year, together
“ 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.
Market Leadership with Proven Technology: Huawei maintains its position as the world's #1 solar inverter manufacturer for six consecutive years, commanding 29% of the global market through superior AI-powered optimization, 99% peak efficiency, and extensive R&D investment representing 54.1% of their workforce.
Comprehensive Value Proposition: With residential models starting at €785 and offering 10-year warranties, competitive pricing per kW, and advanced monitoring through the free FusionSolar platform, Huawei inverters deliver exceptional ROI with payback periods of 5-8 years in most markets.
Huawei provides a standard 10-year product warranty on all inverters, with warranty response times of less than 3 working days. The warranty covers defects in materials and workmanship, with free replacement of defective units. Extended warranty options up to 20 years are available in some markets.
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