What percentage market share does Ningbo Deye Technology Group have?
**Market share of Ningbo Deye Technology Group Co., Ltd.:** 8% (2025, estimated)
**Top competitors and their market shares:**
1. **Sungrow Power Supply Co., Ltd.:** 15%
2. **Huawei Technologies Co., Ltd.:** 12%
3. **SMA Solar Technology AG:** 10%
4. **Fronius International GmbH:** 9%
5. **Ningbo De...
**Market share of Ningbo Deye Technology Group Co., Ltd.:** 8% (2025, estimated)
**Top competitors and their market shares:**
1. **Sungrow Power Supply Co., Ltd.:** 15%
2. **Huawei Technologies Co., Ltd.:** 12%
3. **SMA Solar Technology AG:** 10%
4. **Fronius International GmbH:** 9%
5. **Ningbo Deye Technology Group Co., Ltd.:** 8%
6. **GoodWe Power Supply Technology Co., Ltd.:** 7%
7. **Enphase Energy, Inc.:** 6%
8. **SolarEdge Technologies, Inc.:** 5%
9. **Delta Electronics, Inc.:** 4%
10. **Growatt New Energy Technology Co., Ltd.:** 3%
**Moat of Ningbo Deye Technology Group Co., Ltd.:**
Ningbo Deye Technology Group Co., Ltd. has a moderate moat, mainly characterized by its innovation capabilities and the quality of its inverter products. In recent years, the company has stood out through technological advancements and a strong R&D department, helping it differentiate from some competitors.
However, companies like Huawei and Sungrow have a stronger moat due to their larger resources, extensive product portfolios, and more global distribution networks. These factors enable them to react faster to market changes and secure larger market shares.
Overall, Ningbo Deye has a solid but not insurmountable moat. To remain competitive in the long term, the company must continue to invest in innovations and expand its international presence.