Huawei leads inverter market in 2015
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.
Also read...
-
Huaneng used JinkoSolar’s P-type mono PERC ‘Eagle’ modules in 10MW Inner Mongolia plant
-
Impact from China’s solar deployment cuts start hitting companies Q3 financials
-
Host of manufacturers express confidence in rebounding UK solar market
-
SMA Solar’s CEO suddenly steps down and plans departure at year-end
-
Daqo targeting polysilicon production costs of US$6.80 per kilogram in 2020
Comments