The Market Reports

Synopsis
The global market for Regenerative Converters was estimated to be worth US$ 537 million in 2024 and is forecast to a readjusted size of US$ 848 million by 2031 with a CAGR of 6.8% during the forecast period 2025-2031.

Regenerative converter is a type of power converter that has the ability to convert energy from one form to another and store it in a battery or other energy storage device and the regenerative energy should be returned to the grid. It is designed to recover and reuse energy that would otherwise be wasted, making it highly energy efficient. The converter operates by taking the excess or unused energy from one system or load and feeding it back into the main power source or to an auxiliary load. This process not only reduces energy waste and improves overall system efficiency, but it also helps in reducing the overall power consumption and environmental impact. Regenerative converters have application in various fields, such as renewable energy systems, electric transportation, and industrial processes, where the ability to regenerate and reuse energy is crucial for optimal performance and sustainability.

Global key players of Regenerative Converters include Mitsubishi, Fuji Electric, Yaskawa, etc. The top three players hold a share over 56%. Asia-Pacific is the largest market, and has a share about 56%, followed by Europe and North America with share 21% and 16%, separately. In terms of product type, 400 V Class is the largest segment, occupied for a share of 52%. In terms of application, Industrial Production Equipment has a share about 44 percent.

This report aims to provide a comprehensive presentation of the global market for Regenerative Converters, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Regenerative Converters by region & country, by Type, and by Application.

The Regenerative Converters market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Regenerative Converters.

Market Segmentation
By Company

• Yaskawa
• Mitsubishi
• Fuji Electric
• Meidensha
• Columbus McKinnon
• Hitachi
• REJ Co., Ltd.
• KEB
• Toyo Denki Seizo K.K.
• Cinergia Power Solutions

Segment by Type

• 200 V Class
• 400 V Class
• Others

Segment by Application

• Industrial Production Equipment
• Elevators and Escalators
• Testing and R&D
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.