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Power Converters and Inverters-Global Market Insights and Sales Trends 2024

Power Converters and Inverters-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1831523

No of Pages : 103

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 size is expected to reach US$ 296.6 million by 2029, growing at a CAGR of 4.3% from 2023 to 2029. The market is mainly driven by the significant applications of Power Converters and Inverters in various end use industries. The expanding demands from the DC Power Source Usage, Uninterruptible Power Supplies, Electric Motor Speed Control and Power Grid, are propelling Power Converters and Inverters market. 12 VDC Input Voltage Inverter, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 24 and 48 VDC Input Voltage Inverter segment is estimated at % CAGR for the next seven-year period.
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
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Power Converters and Inverters, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Power Converters and Inverters market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Power Converters and Inverters market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Power Converters and Inverters sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Power Converters and Inverters covered in this report include SMA, ABB, AdvancedEnergy, EnphaseEnergy, SolarEdge, SchnriderElectric, Power Electronics, Fronius and Power-One, etc.
The global Power Converters and Inverters market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
SMA
ABB
AdvancedEnergy
EnphaseEnergy
SolarEdge
SchnriderElectric
Power Electronics
Fronius
Power-One
KACO
Global Power Converters and Inverters market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Power Converters and Inverters market, 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
Global Power Converters and Inverters market, by Application
DC Power Source Usage
Uninterruptible Power Supplies
Electric Motor Speed Control
Power Grid
Solar
Induction Heating
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Power Converters and Inverters manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Power Converters and Inverters in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Power Converters and Inverters Market Overview
1.1 Power Converters and Inverters Product Overview
1.2 Power Converters and Inverters Market Segment by Type
1.2.1 12 VDC Input Voltage Inverter
1.2.2 24 and 48 VDC Input Voltage Inverter
1.2.3 200 To 400 VDC Input Voltage Inverter
1.2.4 300 To 450 VDC Input Voltage Inverter
1.2.5 Above 450 VDC Input Voltage Inverter
1.3 Global Power Converters and Inverters Market Size by Type
1.3.1 Global Power Converters and Inverters Market Size Overview by Type (2018-2029)
1.3.2 Global Power Converters and Inverters Historic Market Size Review by Type (2018-2023)
1.3.3 Global Power Converters and Inverters Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Power Converters and Inverters Sales Breakdown by Type (2018-2023)
1.4.2 Europe Power Converters and Inverters Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Power Converters and Inverters Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Power Converters and Inverters Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Power Converters and Inverters Sales Breakdown by Type (2018-2023)
2 Global Power Converters and Inverters Market Competition by Company
2.1 Global Top Players by Power Converters and Inverters Sales (2018-2023)
2.2 Global Top Players by Power Converters and Inverters Revenue (2018-2023)
2.3 Global Top Players by Power Converters and Inverters Price (2018-2023)
2.4 Global Top Manufacturers Power Converters and Inverters Manufacturing Base Distribution, Sales Area, Product Type
2.5 Power Converters and Inverters Market Competitive Situation and Trends
2.5.1 Power Converters and Inverters Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Power Converters and Inverters Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Power Converters and Inverters as of 2022)
2.7 Date of Key Manufacturers Enter into Power Converters and Inverters Market
2.8 Key Manufacturers Power Converters and Inverters Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Power Converters and Inverters Status and Outlook by Region
3.1 Global Power Converters and Inverters Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Power Converters and Inverters Historic Market Size by Region
3.2.1 Global Power Converters and Inverters Sales in Volume by Region (2018-2023)
3.2.2 Global Power Converters and Inverters Sales in Value by Region (2018-2023)
3.2.3 Global Power Converters and Inverters Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Power Converters and Inverters Forecasted Market Size by Region
3.3.1 Global Power Converters and Inverters Sales in Volume by Region (2024-2029)
3.3.2 Global Power Converters and Inverters Sales in Value by Region (2024-2029)
3.3.3 Global Power Converters and Inverters Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Power Converters and Inverters by Application
4.1 Power Converters and Inverters Market Segment by Application
4.1.1 DC Power Source Usage
4.1.2 Uninterruptible Power Supplies
4.1.3 Electric Motor Speed Control
4.1.4 Power Grid
4.1.5 Solar
4.1.6 Induction Heating
4.1.7 Others
4.2 Global Power Converters and Inverters Market Size by Application
4.2.1 Global Power Converters and Inverters Market Size Overview by Application (2018-2029)
4.2.2 Global Power Converters and Inverters Historic Market Size Review by Application (2018-2023)
4.2.3 Global Power Converters and Inverters Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Power Converters and Inverters Sales Breakdown by Application (2018-2023)
4.3.2 Europe Power Converters and Inverters Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Power Converters and Inverters Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Power Converters and Inverters Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Power Converters and Inverters Sales Breakdown by Application (2018-2023)
5 North America Power Converters and Inverters by Country
5.1 North America Power Converters and Inverters Historic Market Size by Country
5.1.1 North America Power Converters and Inverters Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Power Converters and Inverters Sales in Volume by Country (2018-2023)
5.1.3 North America Power Converters and Inverters Sales in Value by Country (2018-2023)
5.2 North America Power Converters and Inverters Forecasted Market Size by Country
5.2.1 North America Power Converters and Inverters Sales in Volume by Country (2024-2029)
5.2.2 North America Power Converters and Inverters Sales in Value by Country (2024-2029)
6 Europe Power Converters and Inverters by Country
6.1 Europe Power Converters and Inverters Historic Market Size by Country
6.1.1 Europe Power Converters and Inverters Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Power Converters and Inverters Sales in Volume by Country (2018-2023)
6.1.3 Europe Power Converters and Inverters Sales in Value by Country (2018-2023)
6.2 Europe Power Converters and Inverters Forecasted Market Size by Country
6.2.1 Europe Power Converters and Inverters Sales in Volume by Country (2024-2029)
6.2.2 Europe Power Converters and Inverters Sales in Value by Country (2024-2029)
7 Asia-Pacific Power Converters and Inverters by Region
7.1 Asia-Pacific Power Converters and Inverters Historic Market Size by Region
7.1.1 Asia-Pacific Power Converters and Inverters Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Power Converters and Inverters Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Power Converters and Inverters Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Power Converters and Inverters Forecasted Market Size by Region
7.2.1 Asia-Pacific Power Converters and Inverters Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Power Converters and Inverters Sales in Value by Region (2024-2029)
8 Latin America Power Converters and Inverters by Country
8.1 Latin America Power Converters and Inverters Historic Market Size by Country
8.1.1 Latin America Power Converters and Inverters Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Power Converters and Inverters Sales in Volume by Country (2018-2023)
8.1.3 Latin America Power Converters and Inverters Sales in Value by Country (2018-2023)
8.2 Latin America Power Converters and Inverters Forecasted Market Size by Country
8.2.1 Latin America Power Converters and Inverters Sales in Volume by Country (2024-2029)
8.2.2 Latin America Power Converters and Inverters Sales in Value by Country (2024-2029)
9 Middle East and Africa Power Converters and Inverters by Country
9.1 Middle East and Africa Power Converters and Inverters Historic Market Size by Country
9.1.1 Middle East and Africa Power Converters and Inverters Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Power Converters and Inverters Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Power Converters and Inverters Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Power Converters and Inverters Forecasted Market Size by Country
9.2.1 Middle East and Africa Power Converters and Inverters Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Power Converters and Inverters Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 SMA
10.1.1 SMA Company Information
10.1.2 SMA Introduction and Business Overview
10.1.3 SMA Power Converters and Inverters Sales, Revenue and Gross Margin (2018-2023)
10.1.4 SMA Power Converters and Inverters Products Offered
10.1.5 SMA Recent Development
10.2 ABB
10.2.1 ABB Company Information
10.2.2 ABB Introduction and Business Overview
10.2.3 ABB Power Converters and Inverters Sales, Revenue and Gross Margin (2018-2023)
10.2.4 ABB Power Converters and Inverters Products Offered
10.2.5 ABB Recent Development
10.3 AdvancedEnergy
10.3.1 AdvancedEnergy Company Information
10.3.2 AdvancedEnergy Introduction and Business Overview
10.3.3 AdvancedEnergy Power Converters and Inverters Sales, Revenue and Gross Margin (2018-2023)
10.3.4 AdvancedEnergy Power Converters and Inverters Products Offered
10.3.5 AdvancedEnergy Recent Development
10.4 EnphaseEnergy
10.4.1 EnphaseEnergy Company Information
10.4.2 EnphaseEnergy Introduction and Business Overview
10.4.3 EnphaseEnergy Power Converters and Inverters Sales, Revenue and Gross Margin (2018-2023)
10.4.4 EnphaseEnergy Power Converters and Inverters Products Offered
10.4.5 EnphaseEnergy Recent Development
10.5 SolarEdge
10.5.1 SolarEdge Company Information
10.5.2 SolarEdge Introduction and Business Overview
10.5.3 SolarEdge Power Converters and Inverters Sales, Revenue and Gross Margin (2018-2023)
10.5.4 SolarEdge Power Converters and Inverters Products Offered
10.5.5 SolarEdge Recent Development
10.6 SchnriderElectric
10.6.1 SchnriderElectric Company Information
10.6.2 SchnriderElectric Introduction and Business Overview
10.6.3 SchnriderElectric Power Converters and Inverters Sales, Revenue and Gross Margin (2018-2023)
10.6.4 SchnriderElectric Power Converters and Inverters Products Offered
10.6.5 SchnriderElectric Recent Development
10.7 Power Electronics
10.7.1 Power Electronics Company Information
10.7.2 Power Electronics Introduction and Business Overview
10.7.3 Power Electronics Power Converters and Inverters Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Power Electronics Power Converters and Inverters Products Offered
10.7.5 Power Electronics Recent Development
10.8 Fronius
10.8.1 Fronius Company Information
10.8.2 Fronius Introduction and Business Overview
10.8.3 Fronius Power Converters and Inverters Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Fronius Power Converters and Inverters Products Offered
10.8.5 Fronius Recent Development
10.9 Power-One
10.9.1 Power-One Company Information
10.9.2 Power-One Introduction and Business Overview
10.9.3 Power-One Power Converters and Inverters Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Power-One Power Converters and Inverters Products Offered
10.9.5 Power-One Recent Development
10.10 KACO
10.10.1 KACO Company Information
10.10.2 KACO Introduction and Business Overview
10.10.3 KACO Power Converters and Inverters Sales, Revenue and Gross Margin (2018-2023)
10.10.4 KACO Power Converters and Inverters Products Offered
10.10.5 KACO Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Power Converters and Inverters Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Power Converters and Inverters Industrial Chain Analysis
11.4 Power Converters and Inverters Market Dynamics
11.4.1 Power Converters and Inverters Industry Trends
11.4.2 Power Converters and Inverters Market Drivers
11.4.3 Power Converters and Inverters Market Challenges
11.4.4 Power Converters and Inverters Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Power Converters and Inverters Distributors
12.3 Power Converters and Inverters Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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