Global Power Conversion Market Research Report 2021 Professional Edition
Global Power Conversion Market Research Report 2021 Professional Edition
The Power Conversion study provides a comprehensive overview of safety standards, market penetration, and innovation pipelines across major economies.
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The global Power Conversion market was valued at 2583.59 Million USD in 2020 and will grow with a CAGR of 3.72% from 2020 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Converters and inverters are electrical devices that convert current. Converters convert the voltage of an electric device, usually alternating current (AC) to direct current (DC) or change the current frequency.In terms of region, the largest segment of Power Conversion Market would be Asia-Pacific, with a market share of over 47% in 2019. The follower is Europe accounted for nearly 23% of global market. For applications of Power Conversion Market, Motor Controller is the largest segment with a market share of nearly 44% in 2019. DC Power Source Usage and UPS accounted for about 26% and 18% of global market, respectively.
By Market Verdors:
ABB
Siemens
SMA
Yaskawa
Huawei
Sungrow
Schneider Electric
Fuji Electric
Solaredge
Inovance Technology
TBEA
TMEIC
Omron
Fronius
Enphase Energy
KACO
Ingeteam
Kostal
Bestek
NFA
By Types:
12-48 V
48-200 V
200-400 V
Above 400 V
By Applications:
DC Power Source Usage
UPS
Motor Controller
Solar
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Power Conversion Revenue
1.4 Market Analysis by Type
1.4.1 Global Power Conversion Market Size Growth Rate by Type: 2021 VS 2027
1.4.2 12-48 V
1.4.3 48-200 V
1.4.4 200-400 V
1.4.5 Above 400 V
1.5 Market by Application
1.5.1 Global Power Conversion Market Share by Application: 2022-2027
1.5.2 DC Power Source Usage
1.5.3 UPS
1.5.4 Motor Controller
1.5.5 Solar
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Power Conversion Market
1.8.1 Global Power Conversion Market Status and Outlook (2016-2027)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Power Conversion Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Power Conversion Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Power Conversion Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Power Conversion Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Power Conversion Sales Volume Market Share by Region (2016-2021)
3.2 Global Power Conversion Sales Revenue Market Share by Region (2016-2021)
3.3 North America Power Conversion Sales Volume
3.3.1 North America Power Conversion Sales Volume Growth Rate (2016-2021)
3.3.2 North America Power Conversion Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.4 East Asia Power Conversion Sales Volume
3.4.1 East Asia Power Conversion Sales Volume Growth Rate (2016-2021)
3.4.2 East Asia Power Conversion Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Power Conversion Sales Volume (2016-2021)
3.5.1 Europe Power Conversion Sales Volume Growth Rate (2016-2021)
3.5.2 Europe Power Conversion Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.6 South Asia Power Conversion Sales Volume (2016-2021)
3.6.1 South Asia Power Conversion Sales Volume Growth Rate (2016-2021)
3.6.2 South Asia Power Conversion Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.7 Southeast Asia Power Conversion Sales Volume (2016-2021)
3.7.1 Southeast Asia Power Conversion Sales Volume Growth Rate (2016-2021)
3.7.2 Southeast Asia Power Conversion Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.8 Middle East Power Conversion Sales Volume (2016-2021)
3.8.1 Middle East Power Conversion Sales Volume Growth Rate (2016-2021)
3.8.2 Middle East Power Conversion Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.9 Africa Power Conversion Sales Volume (2016-2021)
3.9.1 Africa Power Conversion Sales Volume Growth Rate (2016-2021)
3.9.2 Africa Power Conversion Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.10 Oceania Power Conversion Sales Volume (2016-2021)
3.10.1 Oceania Power Conversion Sales Volume Growth Rate (2016-2021)
3.10.2 Oceania Power Conversion Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.11 South America Power Conversion Sales Volume (2016-2021)
3.11.1 South America Power Conversion Sales Volume Growth Rate (2016-2021)
3.11.2 South America Power Conversion Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.12 Rest of the World Power Conversion Sales Volume (2016-2021)
3.12.1 Rest of the World Power Conversion Sales Volume Growth Rate (2016-2021)
3.12.2 Rest of the World Power Conversion Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
4 North America
4.1 North America Power Conversion Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Power Conversion Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Power Conversion Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Power Conversion Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Power Conversion Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Power Conversion Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Power Conversion Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Power Conversion Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Power Conversion Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Power Conversion Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Power Conversion Sales Volume Market Share by Type (2016-2021)
14.2 Global Power Conversion Sales Revenue Market Share by Type (2016-2021)
14.3 Global Power Conversion Sales Price by Type (2016-2021)
15 Consumption Analysis by Application
15.1 Global Power Conversion Consumption Volume by Application (2016-2021)
15.2 Global Power Conversion Consumption Value by Application (2016-2021)
16 Company Profiles and Key Figures in Power Conversion Business
16.1 ABB
16.1.1 ABB Company Profile
16.1.2 ABB Power Conversion Product Specification
16.1.3 ABB Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.2 Siemens
16.2.1 Siemens Company Profile
16.2.2 Siemens Power Conversion Product Specification
16.2.3 Siemens Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.3 SMA
16.3.1 SMA Company Profile
16.3.2 SMA Power Conversion Product Specification
16.3.3 SMA Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.4 Yaskawa
16.4.1 Yaskawa Company Profile
16.4.2 Yaskawa Power Conversion Product Specification
16.4.3 Yaskawa Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.5 Huawei
16.5.1 Huawei Company Profile
16.5.2 Huawei Power Conversion Product Specification
16.5.3 Huawei Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.6 Sungrow
16.6.1 Sungrow Company Profile
16.6.2 Sungrow Power Conversion Product Specification
16.6.3 Sungrow Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.7 Schneider Electric
16.7.1 Schneider Electric Company Profile
16.7.2 Schneider Electric Power Conversion Product Specification
16.7.3 Schneider Electric Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.8 Fuji Electric
16.8.1 Fuji Electric Company Profile
16.8.2 Fuji Electric Power Conversion Product Specification
16.8.3 Fuji Electric Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.9 Solaredge
16.9.1 Solaredge Company Profile
16.9.2 Solaredge Power Conversion Product Specification
16.9.3 Solaredge Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.10 Inovance Technology
16.10.1 Inovance Technology Company Profile
16.10.2 Inovance Technology Power Conversion Product Specification
16.10.3 Inovance Technology Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.11 TBEA
16.11.1 TBEA Company Profile
16.11.2 TBEA Power Conversion Product Specification
16.11.3 TBEA Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.12 TMEIC
16.12.1 TMEIC Company Profile
16.12.2 TMEIC Power Conversion Product Specification
16.12.3 TMEIC Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.13 Omron
16.13.1 Omron Company Profile
16.13.2 Omron Power Conversion Product Specification
16.13.3 Omron Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.14 Fronius
16.14.1 Fronius Company Profile
16.14.2 Fronius Power Conversion Product Specification
16.14.3 Fronius Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.15 Enphase Energy
16.15.1 Enphase Energy Company Profile
16.15.2 Enphase Energy Power Conversion Product Specification
16.15.3 Enphase Energy Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.16 KACO
16.16.1 KACO Company Profile
16.16.2 KACO Power Conversion Product Specification
16.16.3 KACO Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.17 Ingeteam
16.17.1 Ingeteam Company Profile
16.17.2 Ingeteam Power Conversion Product Specification
16.17.3 Ingeteam Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.18 Kostal
16.18.1 Kostal Company Profile
16.18.2 Kostal Power Conversion Product Specification
16.18.3 Kostal Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.19 Bestek
16.19.1 Bestek Company Profile
16.19.2 Bestek Power Conversion Product Specification
16.19.3 Bestek Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.20 NFA
16.20.1 NFA Company Profile
16.20.2 NFA Power Conversion Product Specification
16.20.3 NFA Power Conversion Production Capacity, Revenue, Price and Gross Margin (2016-2021)
17 Power Conversion Manufacturing Cost Analysis
17.1 Power Conversion Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Power Conversion
17.4 Power Conversion Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Power Conversion Distributors List
18.3 Power Conversion Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Power Conversion (2022-2027)
20.2 Global Forecasted Revenue of Power Conversion (2022-2027)
20.3 Global Forecasted Price of Power Conversion (2016-2027)
20.4 Global Forecasted Production of Power Conversion by Region (2022-2027)
20.4.1 North America Power Conversion Production, Revenue Forecast (2022-2027)
20.4.2 East Asia Power Conversion Production, Revenue Forecast (2022-2027)
20.4.3 Europe Power Conversion Production, Revenue Forecast (2022-2027)
20.4.4 South Asia Power Conversion Production, Revenue Forecast (2022-2027)
20.4.5 Southeast Asia Power Conversion Production, Revenue Forecast (2022-2027)
20.4.6 Middle East Power Conversion Production, Revenue Forecast (2022-2027)
20.4.7 Africa Power Conversion Production, Revenue Forecast (2022-2027)
20.4.8 Oceania Power Conversion Production, Revenue Forecast (2022-2027)
20.4.9 South America Power Conversion Production, Revenue Forecast (2022-2027)
20.4.10 Rest of the World Power Conversion Production, Revenue Forecast (2022-2027)
20.5 Forecast by Type and by Application (2022-2027)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2022-2027)
20.5.2 Global Forecasted Consumption of Power Conversion by Application (2022-2027)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Power Conversion by Country
21.2 East Asia Market Forecasted Consumption of Power Conversion by Country
21.3 Europe Market Forecasted Consumption of Power Conversion by Countriy
21.4 South Asia Forecasted Consumption of Power Conversion by Country
21.5 Southeast Asia Forecasted Consumption of Power Conversion by Country
21.6 Middle East Forecasted Consumption of Power Conversion by Country
21.7 Africa Forecasted Consumption of Power Conversion by Country
21.8 Oceania Forecasted Consumption of Power Conversion by Country
21.9 South America Forecasted Consumption of Power Conversion by Country
21.10 Rest of the world Forecasted Consumption of Power Conversion by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer
Research Methodology:
Power Conversion Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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