Huawei leads inverter market in 2015

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Source: Huawei

Market research firm IHS has reconfirmed Huawei's position as the largest inverter manufacturer globally by shipments in 2015. 

The data, taken from the Q2 2016 IHS Technology PV Inverter Market Tracker, shows that the company now has a 13.3% market share.

1 Huawei
2 Sungrow
3 SMA Solar
4 ABB
5 TBEA Sunoasis
6 TMEIC
7 Wuxi Sineng
8 Schneider Electric
9 Power Electronics
10 SolarEdge

Huawei's aggressive promotion of its three-phase, low power inverters in the utility-scale segment is likely to have contributed to it securing a significant share of the Chinese domestic market.  The ambitions of Chinese suppliers are increasingly focused on the more profitable export markets, where the trend in recent years has seen Asian companies displacing the historic market leaders. 

*Results based on IHS Technology PV Inverter Market Tracker Q2 2016. 

Read Next

January 20, 2022
Distributed PV installations in China topped 29GW last year, contributing more than half of total solar installations in the country for the first time.
January 19, 2022
Chinese inverter manufacturer Sungrow has launched its new "1+X" central modular inverter with an output of 1.1MW at the World Future Energy Summit in Abu Dhabi.
January 17, 2022
Solar module manufacturer Seraphim has launched its new S5 series of high-efficiency PV modules with a maximum power output of up to 670W and an efficiency of 21.57%.
January 13, 2022
Finlay Colville, head of market research at Solar Media, reveals the top ten PV module suppliers last year in the first of a two-part blog, exploring not just shipment volumes but also the overall supplier bankability.
January 10, 2022
Upstream solar major Tongwei has forecasted for profits to more-than-double in its 2021 financial year on the back of increased material and cell prices experienced last year.
January 7, 2022
The solar PV industry produced more than 190GW of modules during 2021, as the industry went through its first major production-led supply cycle, Finlay Colville reveals in exclusive analysis for PV Tech.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
January 26, 2022
Free Webinar
Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 8, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal