Top 10 Solar Inverter Companies in India

Last Modified: Mon Feb 22 2021 18:39:40 GMT+0530 (India Standard Time)
  • 25.90%
    Huawei - The Chinese string inverter manufacturer remains on top for inverter suppliers in India, as per Bridge to India (BTI). However, as per the JMK Research and Analytics, Huawei enjoyed the top position with 22.7% market share in shipment in the utility-scale solar market in India from Jan-Dec 2019 period.
  • 19.73%
    TMEIC - Japanese central inverters manufacturer secured the second place, as per BTI. JMK Research and Analytics, placed TMEIC at 3rd position with 15.5%.
  • 13.23%
    Sungrow - This China headquartered compnay manufactures both central and string inverters and grabbed the third position as per BTI. As per the JMK Research and Analytics, Sungrow enjoyed the 4th position with 13.6%.
  • 12.88%
    ABB - Switzerland headquartered multinational which manufactures single-phase and three-phase on-grid string inverters occupied fourth place as per BTI. JMK Research and Analytics, placed ABB at second position with 18.2%.
  • 7.42%
    TBEA - China-based TBEA manufactures solar inverters occupied fifth place as per BTI. JMK Research and Analytics agreed on the ranking, with TBEA enjoying the 5th position with 9.7%.
  • 7.04%
    Sineng - Chinese central and string solar inverters manufacturer secured the sixth rank in market share, as per BTI. As per the JMK Research and Analytics, Sineng enjoyed the 5th position with 10.2%.
  • 5.73%
    Kehua - China-based string inverters manufacturer enjoyed the seventh position as per BTI. As per the JMK Research and Analytics, Kehua secured the 7th position with 2.7%.
  • 2.94%
    Delta - Thailand based Delta Electronics manufactures central solar inverters and ranks eighth position as per BTI. As per the JMK Research and Analytics, Delta secured the 9th position with 1.5%.
  • 1.79%
    Hitachi - Japanese multinational Hitachi manufactures central & string inverters and grabbed the ninth position as per BTI. As per the JMK Research and Analytics, Hitachi secured the 8th position with 1.6%.
  • 1.43%
    Medha - Indian solar inverter manufacturer Medha Servo Drives Pvt Ltd makes it to the last slot as per BTI.
  • 5.22%
    Market share of all other inverter manufacturers as per BTI. As per the JMK Research and Analytics, this share though is 4.4%.