Who are the top 5 inverter manufacturers in the world?

Regarding the top five inverter manufacturers in the world, the ranking may vary depending on different data sources and time points. The following is an overview of the top five inverter manufacturers in the world based on the latest information and authoritative data sources in December 2024:

SMA

• Company Profile: Founded in 1981 and headquartered in Niestetal in northern Hesse, SMA is one of the world's largest inverter manufacturers. It has a significant presence in the German market and is known for producing high-quality photovoltaic systems and inverters.

• Product Offerings: SMA offers a wide range of inverters, including products for grid-connected photovoltaic systems and stand-alone systems. Their popular product lines like the SMA Sunny Tripower and the SMA Sunny Boy are favored by consumers for their excellent quality and long lifespan.

Huawei

• Company Profile: Established in 1987, Huawei is not only one of the top ten photovoltaic inverter companies globally but also a world-leading provider of ICT (information and communication) infrastructure and intelligent terminals. The company has been investing billions of dollars in solar technology research and development over the past decade.

• Product Offerings: Huawei's inverters, such as the Sun 2000 L, are small in size, light in weight, and available in different power sizes from 2 to 5 kW. With their outstanding quality, Huawei inverters have gained a good reputation and are sold well all over the world.

Sungrow

• Company Profile: Founded on July 11, 2007, Sungrow is a national key high-tech enterprise focusing on the R&D, production, sales, and service of new energy power equipment, covering solar energy, wind energy, energy storage, hydrogen energy, and electric vehicles.

• Product Offerings: Sungrow provides a comprehensive range of products, including photovoltaic inverter solutions for energy storage systems. Their inverters are suitable for both small and large-scale systems, making them a popular choice in the market.

Growatt

• Company Profile: Established in 2011, Growatt concentrates on sustainable energy production, storage, and consumption. The company has shown strong growth and has established a global presence by setting up thirty-four representative offices in various countries, including Germany, the Netherlands, the United Kingdom, and Brazil.

• Product Offerings: Growatt's products are mainly targeted at residential, commercial, and industrial end-users worldwide, offering reliable and efficient energy conversion solutions.

Ginlong

• Company Profile: Founded in 2005, Jinlang Technology is a high-tech enterprise based on the new energy industry, specializing in the research, development, production, sales, and service of string inverters, which are the core equipment of photovoltaic power generation systems. It is the first Chinese A-share listed company with string inverters as its main business and the first inverter company in the world to obtain a reliability test report from PV EL, a third-party authoritative organization.

• Product Offerings: The company's string inverters are widely used in distributed photovoltaic power generation projects, providing efficient and stable power conversion for solar energy systems.

There is a certain gap between our company and the world's top five inverter manufacturers in terms of technical strength, market share, product quality and service, internationalization, brand influence and market recognition. In order to narrow these gaps, our company needs to increase R&D investment, strengthen market development, improve product quality and service level, promote internationalization strategy, and strengthen brand building and market promotion.