Huawei and Sungrow ranked as the highest two world photo voltaic inverter producers for the primary half of 2025, primarily based on the “International Photo voltaic Inverter Producer Rankings H1 2025” report from Wooden Mackenzie. The rankings consider 23 main producers from seven international locations primarily based on eight efficiency standards. The producers accounted for about 90% of worldwide cargo volumes in 2024.
“The 2025 world inverter panorama is led by a various group of power-electronics leaders combining scale with innovation,” mentioned Timothy Shen, senior analysis analyst at Wooden Mackenzie. “More and more, aggressive benefit is outlined not simply by cargo quantity, however by capabilities throughout pioneering environmental, social and governance (ESG) initiatives, service high quality and steady provide chains.”
International Prime 10 inverter producers. Wooden Mackenzie
Primarily based on operational sustainability research, six of the highest 10 corporations achieved an EcoVadis rating of silver or increased, inserting them within the prime 15% of corporations globally for sustainability. Moreover, all 10 producers now supply guarantee extensions of 20 years or extra.
Eight of the highest 10 inverter producers reinvest greater than 6% of their income into analysis and improvement, driving advances in digitalization, power-conversion applied sciences and quicker product refresh cycles, alongside increasing patent portfolios.
Manufacturing footprints are shifting in response to evolving world commerce dynamics. 4 of the highest 10 photo voltaic inverter producers now present world manufacturing protection, with services spanning China, Europe, India, the US, Southeast Asia and Israel.
“The strongest performers are these leveraging regionalized meeting methods,” Shen mentioned. “This strategic positioning permits producers to adjust to native content material necessities and navigate import obstacles whereas sustaining their provide reliability.”
Grade A inverter producers. Wooden Mackenzie
Grade A is awarded to producers that meet Wooden Mackenzie’s benchmark for business greatest observe, demonstrating constant and verifiable efficiency throughout the important thing standards assessed on this rating. To realize Grade A standing, a producer should meet a minimum of 5 of the outlined benchmarks, reflecting a stage of functionality that helps cut back execution and operational threat for builders, EPCs and asset homeowners.
Wooden Mackenzie reported last month that it expects the worldwide inverter market to shrink within the subsequent two years. The U.S. market is experiencing a downturn attributable to coverage volatility in photo voltaic.
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