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βThe Asia Pacific region (APAC), which includes China, India and Southeast Asia, accounted for 69% of all shipped capacity. China was responsible for more than half of all global demand, receiving 330 GW (AC) of shipments, a 14% increase over 2023,β Wood Mackenzie said.
The top ten companies are Huawei, TBEA, Sungrow Power Supply, Zhuzhou Converter, Hopewind Electric, Guoneng Longyuan, Kelin Electric, Zhaoheng Clean Energy,. The industrial segmentmaintains its dominance in the global 5G base station market,commanding approximately 27%.