About Huawei photovoltaic inverter OEM manufacturer
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6 FAQs about [Huawei photovoltaic inverter OEM manufacturer]
Which PV inverter vendors shipments grew the most in 2022?
The top five vendors – Huawei, Sungrow, Ginlong Solis, Growatt, and GoodWe – shipped more than 200 GWac and accounted for 71% of total global PV inverter shipments in 2022, growing 8% from 2021. Huawei’s shipments saw a significant increase of 83% in 2022 compared to 2021, while Sungrow’s shipments expanded 56% in the same period.
Which PV inverter vendors shipped the most GWAC in 2022?
Wood Mackenzie noted that the top five vendors shipped more than 200 GWac and accounted for 71% of total global PV inverter shipments in 2022, up 8% from 2021. The report notes that 2022 top vendor Huawei shipment increased 83%. Ginlong Solis posted growth of 86%. For the eighth consecutive year, the top two vendors were Huawei and Sungrow.
Where are solar PV inverter shipments coming from in 2021?
In terms of geographic reach, Asia Pacific consumed over half or 116,064 MWac of the global solar PV inverter shipments in 2021. Shipments to China, India and Australia accounted for the increase in demand, with Huawei and Sungrow maintaining its dominance in the region. Europe took up 23% of the global market with 50,770 MWac inverter shipment.
How did the PV inverter market perform in 2022?
Overall, global PV inverter shipments saw 48% growth year-over-year in 2022, with an additional 100 GW shipped from 2021. In 2022, the PV inverter industry saw a renewed increase in shipments as the pandemic-related semiconductor chip shortage improved. Huawei and Sungrow covered 52% of the market cumulatively - an increase from 44% in 2021.
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.
What is the market share of Huawei & Sungrow?
Huawei and Sungrow covered 52% of the market cumulatively - an increase from 44% in 2021. Huawei held the number 1 position for market share with an increase in shipments from 23% in 2021, to 29% in 2022. Sungrow ranked second with 23% in 2022, growing from 21% in 2021.