Huawei and Sungrow ranked as the highest two world photo voltaic inverter producers for the primary half of 2025, based mostly on the “International Photo voltaic Inverter Producer Rankings H1 2025” report from Wooden Mackenzie. The rankings consider 23 main producers from seven international locations based mostly on eight efficiency standards. The producers accounted for roughly 90% of world cargo volumes in 2024.
“The 2025 world inverter panorama is led by a various group of power-electronics leaders combining scale with innovation,” stated 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 secure provide chains.”
International Prime 10 inverter producers. Wooden Mackenzie
Primarily based on operational sustainability research, six of the highest 10 firms achieved an EcoVadis rating of silver or increased, inserting them within the prime 15% of firms globally for sustainability. Moreover, all 10 producers now provide guarantee extensions of 20 years or extra.
Eight of the highest 10 inverter producers reinvest greater than 6% of their income into analysis and growth, driving advances in digitalization, power-conversion applied sciences and sooner 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 amenities spanning China, Europe, India, america, Southeast Asia and Israel.
“The strongest performers are these leveraging regionalized meeting methods,” Shen stated. “This strategic positioning permits producers to adjust to native content material necessities and navigate import limitations whereas sustaining their provide reliability.”
Grade A inverter producers. Wooden Mackenzie
Grade A is awarded to producers that meet Wooden Mackenzie’s benchmark for trade finest follow, demonstrating constant and verifiable efficiency throughout the important thing standards assessed on this rating. To realize Grade A standing, a producer should meet no less than 5 of the outlined benchmarks, reflecting a stage of functionality that helps scale back execution and operational danger 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 as a result of coverage volatility in photo voltaic.
Information merchandise from Wooden Mackenzie
