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Global Power Converters and Inverters Market Research Report 2024
Synopsis
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). On the other hand, inverters convert direct current (DC) to alternating current (AC).
The global Power Converters and Inverters market was valued at US$ 219.5 million in 2023 and is anticipated to reach US$ 296.6 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.
China is the largest Power Converter/Inverter market with about 43% market share. North America is follower, accounting for about 64% market share.
The key players are Bestek, NFA, Cobra, Kisae Technology, Rally, Energizer, Duracell, Meind, Stanley, Exeltᓙ
This report aims to provide a comprehensive presentation of the global market for Power Converters and Inverters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Power Converters and Inverters.
Report Scope
The Power Converters and Inverters market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Power Converters and Inverters market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Power Converters and Inverters manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SMA
ABB
AdvancedEnergy
EnphaseEnergy
SolarEdge
SchnriderElectric
Power Electronics
Fronius
Power-One
KACO
Segment by Type
12 VDC Input Voltage Inverter
24 and 48 VDC Input Voltage Inverter
200 To 400 VDC Input Voltage Inverter
300 To 450 VDC Input Voltage Inverter
Above 450 VDC Input Voltage Inverter
Segment by Application
DC Power Source Usage
Uninterruptible Power Supplies
Electric Motor Speed Control
Power Grid
Solar
Induction Heating
Others
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Power Converters and Inverters manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Power Converters and Inverters by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Power Converters and Inverters in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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). On the other hand, inverters convert direct current (DC) to alternating current (AC).
The global Power Converters and Inverters market was valued at US$ 219.5 million in 2023 and is anticipated to reach US$ 296.6 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.
China is the largest Power Converter/Inverter market with about 43% market share. North America is follower, accounting for about 64% market share.
The key players are Bestek, NFA, Cobra, Kisae Technology, Rally, Energizer, Duracell, Meind, Stanley, Exeltᓙ
This report aims to provide a comprehensive presentation of the global market for Power Converters and Inverters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Power Converters and Inverters.
Report Scope
The Power Converters and Inverters market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Power Converters and Inverters market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Power Converters and Inverters manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SMA
ABB
AdvancedEnergy
EnphaseEnergy
SolarEdge
SchnriderElectric
Power Electronics
Fronius
Power-One
KACO
Segment by Type
12 VDC Input Voltage Inverter
24 and 48 VDC Input Voltage Inverter
200 To 400 VDC Input Voltage Inverter
300 To 450 VDC Input Voltage Inverter
Above 450 VDC Input Voltage Inverter
Segment by Application
DC Power Source Usage
Uninterruptible Power Supplies
Electric Motor Speed Control
Power Grid
Solar
Induction Heating
Others
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Power Converters and Inverters manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Power Converters and Inverters by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Power Converters and Inverters in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Power Converters and Inverters Market Overview
1.1 Product Definition
1.2 Power Converters and Inverters Segment by Type
1.2.1 Global Power Converters and Inverters Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 12 VDC Input Voltage Inverter
1.2.3 24 and 48 VDC Input Voltage Inverter
1.2.4 200 To 400 VDC Input Voltage Inverter
1.2.5 300 To 450 VDC Input Voltage Inverter
1.2.6 Above 450 VDC Input Voltage Inverter
1.3 Power Converters and Inverters Segment by Application
1.3.1 Global Power Converters and Inverters Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 DC Power Source Usage
1.3.3 Uninterruptible Power Supplies
1.3.4 Electric Motor Speed Control
1.3.5 Power Grid
1.3.6 Solar
1.3.7 Induction Heating
1.3.8 Others
1.4 Global Market Growth Prospects
1.4.1 Global Power Converters and Inverters Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Power Converters and Inverters Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Power Converters and Inverters Production Estimates and Forecasts (2019-2030)
1.4.4 Global Power Converters and Inverters Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Power Converters and Inverters Production Market Share by Manufacturers (2019-2024)
2.2 Global Power Converters and Inverters Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Power Converters and Inverters, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Power Converters and Inverters Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Power Converters and Inverters Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Power Converters and Inverters, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Power Converters and Inverters, Product Offered and Application
2.8 Global Key Manufacturers of Power Converters and Inverters, Date of Enter into This Industry
2.9 Power Converters and Inverters Market Competitive Situation and Trends
2.9.1 Power Converters and Inverters Market Concentration Rate
2.9.2 Global 5 and 10 Largest Power Converters and Inverters Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Power Converters and Inverters Production by Region
3.1 Global Power Converters and Inverters Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Power Converters and Inverters Production Value by Region (2019-2030)
3.2.1 Global Power Converters and Inverters Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Power Converters and Inverters by Region (2025-2030)
3.3 Global Power Converters and Inverters Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Power Converters and Inverters Production by Region (2019-2030)
3.4.1 Global Power Converters and Inverters Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Power Converters and Inverters by Region (2025-2030)
3.5 Global Power Converters and Inverters Market Price Analysis by Region (2019-2024)
3.6 Global Power Converters and Inverters Production and Value, Year-over-Year Growth
3.6.1 North America Power Converters and Inverters Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Power Converters and Inverters Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Power Converters and Inverters Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Power Converters and Inverters Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Power Converters and Inverters Production Value Estimates and Forecasts (2019-2030)
4 Power Converters and Inverters Consumption by Region
4.1 Global Power Converters and Inverters Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Power Converters and Inverters Consumption by Region (2019-2030)
4.2.1 Global Power Converters and Inverters Consumption by Region (2019-2024)
4.2.2 Global Power Converters and Inverters Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Power Converters and Inverters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Power Converters and Inverters Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Power Converters and Inverters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Power Converters and Inverters Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Power Converters and Inverters Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Power Converters and Inverters Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Power Converters and Inverters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Power Converters and Inverters Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Power Converters and Inverters Production by Type (2019-2030)
5.1.1 Global Power Converters and Inverters Production by Type (2019-2024)
5.1.2 Global Power Converters and Inverters Production by Type (2025-2030)
5.1.3 Global Power Converters and Inverters Production Market Share by Type (2019-2030)
5.2 Global Power Converters and Inverters Production Value by Type (2019-2030)
5.2.1 Global Power Converters and Inverters Production Value by Type (2019-2024)
5.2.2 Global Power Converters and Inverters Production Value by Type (2025-2030)
5.2.3 Global Power Converters and Inverters Production Value Market Share by Type (2019-2030)
5.3 Global Power Converters and Inverters Price by Type (2019-2030)
6 Segment by Application
6.1 Global Power Converters and Inverters Production by Application (2019-2030)
6.1.1 Global Power Converters and Inverters Production by Application (2019-2024)
6.1.2 Global Power Converters and Inverters Production by Application (2025-2030)
6.1.3 Global Power Converters and Inverters Production Market Share by Application (2019-2030)
6.2 Global Power Converters and Inverters Production Value by Application (2019-2030)
6.2.1 Global Power Converters and Inverters Production Value by Application (2019-2024)
6.2.2 Global Power Converters and Inverters Production Value by Application (2025-2030)
6.2.3 Global Power Converters and Inverters Production Value Market Share by Application (2019-2030)
6.3 Global Power Converters and Inverters Price by Application (2019-2030)
7 Key Companies Profiled
7.1 SMA
7.1.1 SMA Power Converters and Inverters Corporation Information
7.1.2 SMA Power Converters and Inverters Product Portfolio
7.1.3 SMA Power Converters and Inverters Production, Value, Price and Gross Margin (2019-2024)
7.1.4 SMA Main Business and Markets Served
7.1.5 SMA Recent Developments/Updates
7.2 ABB
7.2.1 ABB Power Converters and Inverters Corporation Information
7.2.2 ABB Power Converters and Inverters Product Portfolio
7.2.3 ABB Power Converters and Inverters Production, Value, Price and Gross Margin (2019-2024)
7.2.4 ABB Main Business and Markets Served
7.2.5 ABB Recent Developments/Updates
7.3 AdvancedEnergy
7.3.1 AdvancedEnergy Power Converters and Inverters Corporation Information
7.3.2 AdvancedEnergy Power Converters and Inverters Product Portfolio
7.3.3 AdvancedEnergy Power Converters and Inverters Production, Value, Price and Gross Margin (2019-2024)
7.3.4 AdvancedEnergy Main Business and Markets Served
7.3.5 AdvancedEnergy Recent Developments/Updates
7.4 EnphaseEnergy
7.4.1 EnphaseEnergy Power Converters and Inverters Corporation Information
7.4.2 EnphaseEnergy Power Converters and Inverters Product Portfolio
7.4.3 EnphaseEnergy Power Converters and Inverters Production, Value, Price and Gross Margin (2019-2024)
7.4.4 EnphaseEnergy Main Business and Markets Served
7.4.5 EnphaseEnergy Recent Developments/Updates
7.5 SolarEdge
7.5.1 SolarEdge Power Converters and Inverters Corporation Information
7.5.2 SolarEdge Power Converters and Inverters Product Portfolio
7.5.3 SolarEdge Power Converters and Inverters Production, Value, Price and Gross Margin (2019-2024)
7.5.4 SolarEdge Main Business and Markets Served
7.5.5 SolarEdge Recent Developments/Updates
7.6 SchnriderElectric
7.6.1 SchnriderElectric Power Converters and Inverters Corporation Information
7.6.2 SchnriderElectric Power Converters and Inverters Product Portfolio
7.6.3 SchnriderElectric Power Converters and Inverters Production, Value, Price and Gross Margin (2019-2024)
7.6.4 SchnriderElectric Main Business and Markets Served
7.6.5 SchnriderElectric Recent Developments/Updates
7.7 Power Electronics
7.7.1 Power Electronics Power Converters and Inverters Corporation Information
7.7.2 Power Electronics Power Converters and Inverters Product Portfolio
7.7.3 Power Electronics Power Converters and Inverters Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Power Electronics Main Business and Markets Served
7.7.5 Power Electronics Recent Developments/Updates
7.8 Fronius
7.8.1 Fronius Power Converters and Inverters Corporation Information
7.8.2 Fronius Power Converters and Inverters Product Portfolio
7.8.3 Fronius Power Converters and Inverters Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Fronius Main Business and Markets Served
7.7.5 Fronius Recent Developments/Updates
7.9 Power-One
7.9.1 Power-One Power Converters and Inverters Corporation Information
7.9.2 Power-One Power Converters and Inverters Product Portfolio
7.9.3 Power-One Power Converters and Inverters Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Power-One Main Business and Markets Served
7.9.5 Power-One Recent Developments/Updates
7.10 KACO
7.10.1 KACO Power Converters and Inverters Corporation Information
7.10.2 KACO Power Converters and Inverters Product Portfolio
7.10.3 KACO Power Converters and Inverters Production, Value, Price and Gross Margin (2019-2024)
7.10.4 KACO Main Business and Markets Served
7.10.5 KACO Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Power Converters and Inverters Industry Chain Analysis
8.2 Power Converters and Inverters Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Power Converters and Inverters Production Mode & Process
8.4 Power Converters and Inverters Sales and Marketing
8.4.1 Power Converters and Inverters Sales Channels
8.4.2 Power Converters and Inverters Distributors
8.5 Power Converters and Inverters Customers
9 Power Converters and Inverters Market Dynamics
9.1 Power Converters and Inverters Industry Trends
9.2 Power Converters and Inverters Market Drivers
9.3 Power Converters and Inverters Market Challenges
9.4 Power Converters and Inverters Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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