Industry Overview
The Power Conversion is at 6.5Billion in 2019 and is expected to reach 14.5Billion by 2030. The Power Conversion is driven by factors such as increasing demand in end-use industries, technological advancements, research and development (R&D), economic growth, and increasing global trade. Siemens, ABB, Eaton, General Electric, Schneider Electric, Mitsubishi Electric, Emerson, Hitachi, Delta Electronics, Rockwell Automation, Omron, TDK-Lambda, Infineon, Panasonic, and others are some of the key players in the market.Power Conversion Market Size in (USD Billion) CAGR Growth Rate 7.50%
| Study Period | 2024-2030 |
| Market Size (2019): | 6.5Billion |
| Market Size (2030): | 14.5Billion |
| CAGR (2019 - 2030): | 7.50% |
| Fastest Growing Region | Asia-Pacific |
| Dominating Region | North America |
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The Power Conversion Market focuses on the technologies and solutions used to convert electrical energy from one form to another, such as AC to DC, DC to AC, or voltage transformations. Power conversion is essential for various industries, including renewable energy, electric vehicles, telecommunications, and industrial equipment. The market is growing with the increasing demand for energy-efficient solutions that can optimize power usage, reduce energy losses, and integrate renewable energy sources into existing infrastructures. The development of advanced power converters, inverters, and rectifiers is improving the efficiency, reliability, and performance of power conversion systems. The growing adoption of electric vehicles, solar energy systems, and smart grids is contributing to the expansion of the power conversion market.
Key Players
Several key players in the Power Conversion market are strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at 8.00%. The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.- Siemens
- ABB
- Eaton
- General Electric
- Schneider Electric
- Mitsubishi Electric
- Emerson
- Hitachi
- Delta Electronics
- Rockwell Automation
- Omron
- TDK-Lambda
- Infineon
- Panasonic
Power Conversion Market Segmentation by Players
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Market Dynamics
Market Driver- Converting Electrical Power From One Form To Another
Market Trends
- Increasing adoption of renewable energy
Opportunity
- Connecting Renewable Energy To The Grid
- Controlling Motor Speed
Challenges
- Efficiency Losses
- Cost
- Size And Weight
Key Highlights
- The Power Conversion is growing at a 7.50% during the forecasted period of 2024 to 2030
- Based on type, the market is bifurcated into AC-DC converters, DC-AC inverters, DC-DC converters
- Based on application, the market is segmented into Power supplies, Renewable energy systems, Motor drives, Industrial automation
- Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice
Market Segmentation Overview
- Type Segmentation: categorizes products by their specific variants, helping businesses identify demand drivers and innovate effectively.
- Application Segmentation: Divides the market based on product usage across industries, enabling targeted marketing and growth identification.
- Geographic Segmentation: Segments the market by location, allowing for tailored strategies based on regional preferences and economic factors.
- Customer Segmentation: Focuses on demographics like age, gender, and income, enabling personalized marketing and improved customer targeting.
- Distribution Channel Segmentation: categorizes by how products reach customers, optimizing supply chain and sales strategies.
Market Segmentation
Segmentation by Type
- AC-DC converters
- DC-AC inverters
- DC-DC converters
Power Conversion Market Segmentation by Type
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Segmentation by Application
- Power supplies
- Renewable energy systems
- Motor drives
- Industrial automation
Power Conversion Market Segmentation by Application
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This report also splits the market by region:
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
Asia-Pacific
Dominating Region
North America
Primary & Secondary Approach
The Power Conversion is analyzed by both primary and secondary research sources. There are numerous methodologies available to navigate and utilize these resources effectively:Surveys and Questionnaires: Getting feedback from healthcare professionals, patients, or any other stakeholders on a particular topic. It is a great method to collect quantitative data on behaviors, preferences, and/or experiences.
One on Ones: Interviews with key stakeholders, including physicians, nurses, and administrators can yield rich qualitative data. The interviews can be divided into structured, semi-structured, or unstructured.
Focus Groups: Pull together small numbers of people who share a common characteristic, trait, or behavior to discuss particular topics. Focus Groups: This offers qualitative data and points of view that are often overlooked, such as attitudes, perceptions, or other statements relating to a specific platform.
Observational Studies: Understanding healthcare practices and patient interactions in the way we do it can say a lot more than what people formally report doing.
Field Studies: This method allows researchers to collect data firsthand from healthcare settings, including hospitals, clinics, and even home. It is a way to touch and feel the context that drives service delivery in healthcare.
Secondary Research in Power Conversion
Secondary research is a kind of revising, restructuring, and rethinking what has already been collected by primary sources. Such research is beneficial as long as it comes at a low cost and gives an overarching view of the market. Some of the important methods include:
Literature Review: To go through the research papers, articles, and studies published in medical journals, industry reports, and academic publications. This is crucial for understanding the study landscape and identifying knowledge deficits.
Reports From the Industry: It aims in examining reports published by Market Research firms, Healthcare Associations, and Government bodies. This report can also be used by all stakeholders including service providers and delivery chains across the world to identify market opportunities in an undetermined depth.
Public Health Records: Data collected by governments and public health authorities in different countries of the world from organizations with global reach like CDC, WHO, or national departments. These are important because they provide us with epidemiological data and numbers.
Company Reports: Read the annual reports, financial statements, and press releases of healthcare companies. It includes company performance reports, market strategies, and competitive positioning for this domain.
Online Databases: You understand the access to databases like PubMed, MEDLINE, and even Google Scholar for scientific articles and study materials. Some of these databases are treasure troves for peer-reviewed data.
Media Sources: Analyzing news articles, press releases, and media coverage related to the healthcare industry. This helps in staying updated on recent developments and emerging trends.
A blended approach of primary and secondary research methods allows researchers to collect well-rounded, solid data that informs the best decisions and strategies.
Research Methodology
At HTF Market Intelligence, we pride ourselves on delivering comprehensive market research that combines both secondary and primary methodologies. Our secondary research involves rigorous analysis of existing data sources, such as industry reports, market databases, and competitive landscapes, to provide a robust foundation of market knowledge. This is complemented by our primary research services, where we gather firsthand data through surveys, interviews, and focus groups tailored specifically to your business needs. By integrating these approaches, we offer a thorough understanding of market trends, consumer behavior, and competitive dynamics, enabling you to make well-informed strategic decisions. We would welcome the opportunity to discuss how our research expertise can support your business objectives.Report Infographics:
| Report Features | Details |
| Base Year | 2019 |
| Based Year Market Size (2019) | 6.5Billion |
| Historical Period Market Size (2024) | 5.5Billion |
| CAGR (2019 to 2030) | 7.50% |
| Forecast Period | 2025 to 2030 |
| Forecasted Period Market Size (2030) | 14.5Billion |
| Scope of the Report | AC-DC converters, DC-AC inverters, DC-DC converters, Power supplies, Renewable energy systems, Motor drives, Industrial automation |
| Regions Covered | North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA |
| Year on Year Growth | 8.00% |
| Companies Covered | Siemens, ABB, Eaton, General Electric, Schneider Electric, Mitsubishi Electric, Emerson, Hitachi, Delta Electronics, Rockwell Automation, Omron, TDK-Lambda, Infineon, Panasonic |
| Customization Scope | 15% Free Customization (For EG) |
| Delivery Format | PDF and Excel through Email |
Power Conversion - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Power Conversion Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Power Conversion Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Power Conversion Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Converting electrical power from one form to another
-
3.2 Available Opportunities
- 3.2.1 Connecting renewable energy to the grid
- 3.2.2 Controlling motor speed
- 3.2.3 Powering electronic devices
-
3.3 Influencing Trends
- 3.3.1 Increasing adoption of renewable energy
- 3.3.2 Advancements in power electronics
-
3.4 Challenges
- 3.4.1 Efficiency losses
- 3.4.2 Cost
- 3.4.3 Size and weight
- 3.4.4 Complexity of control systems
- 3.5 Regional Dynamics
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Chapter 4 : Global Power Conversion Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Power Conversion Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: Power Conversion : Competition Benchmarking & Performance Evaluation
- 5.1 Global Power Conversion Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Power Conversion Revenue 2019
- 5.3 Global Power Conversion Sales Volume by Manufacturers (2019)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 FPNV Positioning Matrix
- 5.6 Heat Map Analysis
Chapter 6: Global Power Conversion Market: Company Profiles
- 6.1 Siemens
- 6.1.1 Siemens Company Overview
- 6.1.2 Siemens Product/Service Portfolio & Specifications
- 6.1.3 Siemens Key Financial Metrics
- 6.1.4 Siemens SWOT Analysis
- 6.1.5 Siemens Development Activities
- 6.2 ABB
- 6.3 Eaton
- 6.4 General Electric
- 6.5 Schneider Electric
- 6.6 Mitsubishi Electric
- 6.7 Emerson
- 6.8 Hitachi
- 6.9 Delta Electronics
- 6.10 Rockwell Automation
- 6.11 Omron
- 6.12 TDK-Lambda
- 6.13 Infineon
- 6.14 Panasonic
- 6.15 STMicroelectronics
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Sectional Purchase
Chapter 7 : Global Power Conversion by Type & Application (2024-2030)
-
7.1 Global Power Conversion Market Revenue Analysis (USD Million) by Type (2024-2019)
- 7.1.1 AC-DC Converters
- 7.1.2 DC-AC Inverters
- 7.1.3 DC-DC Converters
- 7.1.4 AC-AC Cycloconverters
-
7.2 Global Power Conversion Market Revenue Analysis (USD Million) by Application (2024-2019)
- 7.2.1 Power Supplies
- 7.2.2 Renewable Energy Systems
- 7.2.3 Motor Drives
- 7.2.4 Industrial Automation
- 7.3 Global Power Conversion Market Revenue Analysis (USD Million) by Type (2019-2030)
- 7.4 Global Power Conversion Market Revenue Analysis (USD Million) by Application (2019-2030)
Chapter 8 : North America Power Conversion Market Breakdown by Country, Type & Application
- 8.1 North America Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2024-2019]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2024-2019]
- 8.2.1 AC-DC Converters
- 8.2.2 DC-AC Inverters
- 8.2.3 DC-DC Converters
- 8.2.4 AC-AC Cycloconverters
-
8.3 North America Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2024-2019]
- 8.3.1 Power Supplies
- 8.3.2 Renewable Energy Systems
- 8.3.3 Motor Drives
- 8.3.4 Industrial Automation
- 8.4 North America Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2020-2030]
- 8.5 North America Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2020-2030]
- 8.6 North America Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2020-2030]
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Chapter 9 : LATAM Power Conversion Market Breakdown by Country, Type & Application
- 9.1 LATAM Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2024-2019]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2024-2019]
- 9.2.1 AC-DC Converters
- 9.2.2 DC-AC Inverters
- 9.2.3 DC-DC Converters
- 9.2.4 AC-AC Cycloconverters
-
9.3 LATAM Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2024-2019]
- 9.3.1 Power Supplies
- 9.3.2 Renewable Energy Systems
- 9.3.3 Motor Drives
- 9.3.4 Industrial Automation
- 9.4 LATAM Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2020-2030]
- 9.5 LATAM Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2020-2030]
- 9.6 LATAM Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2020-2030]
Chapter 10 : West Europe Power Conversion Market Breakdown by Country, Type & Application
- 10.1 West Europe Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2024-2019]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2024-2019]
- 10.2.1 AC-DC Converters
- 10.2.2 DC-AC Inverters
- 10.2.3 DC-DC Converters
- 10.2.4 AC-AC Cycloconverters
-
10.3 West Europe Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2024-2019]
- 10.3.1 Power Supplies
- 10.3.2 Renewable Energy Systems
- 10.3.3 Motor Drives
- 10.3.4 Industrial Automation
- 10.4 West Europe Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2020-2030]
- 10.5 West Europe Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2020-2030]
- 10.6 West Europe Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2020-2030]
Chapter 11 : Central & Eastern Europe Power Conversion Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2024-2019]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2024-2019]
- 11.2.1 AC-DC Converters
- 11.2.2 DC-AC Inverters
- 11.2.3 DC-DC Converters
- 11.2.4 AC-AC Cycloconverters
-
11.3 Central & Eastern Europe Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2024-2019]
- 11.3.1 Power Supplies
- 11.3.2 Renewable Energy Systems
- 11.3.3 Motor Drives
- 11.3.4 Industrial Automation
- 11.4 Central & Eastern Europe Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2020-2030]
- 11.5 Central & Eastern Europe Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2020-2030]
- 11.6 Central & Eastern Europe Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2020-2030]
Chapter 12 : Northern Europe Power Conversion Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2024-2019]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2024-2019]
- 12.2.1 AC-DC Converters
- 12.2.2 DC-AC Inverters
- 12.2.3 DC-DC Converters
- 12.2.4 AC-AC Cycloconverters
-
12.3 Northern Europe Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2024-2019]
- 12.3.1 Power Supplies
- 12.3.2 Renewable Energy Systems
- 12.3.3 Motor Drives
- 12.3.4 Industrial Automation
- 12.4 Northern Europe Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2020-2030]
- 12.5 Northern Europe Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2020-2030]
- 12.6 Northern Europe Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2020-2030]
Chapter 13 : Southern Europe Power Conversion Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2024-2019]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2024-2019]
- 13.2.1 AC-DC Converters
- 13.2.2 DC-AC Inverters
- 13.2.3 DC-DC Converters
- 13.2.4 AC-AC Cycloconverters
-
13.3 Southern Europe Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2024-2019]
- 13.3.1 Power Supplies
- 13.3.2 Renewable Energy Systems
- 13.3.3 Motor Drives
- 13.3.4 Industrial Automation
- 13.4 Southern Europe Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2020-2030]
- 13.5 Southern Europe Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2020-2030]
- 13.6 Southern Europe Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2020-2030]
Chapter 14 : East Asia Power Conversion Market Breakdown by Country, Type & Application
- 14.1 East Asia Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2024-2019]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2024-2019]
- 14.2.1 AC-DC Converters
- 14.2.2 DC-AC Inverters
- 14.2.3 DC-DC Converters
- 14.2.4 AC-AC Cycloconverters
-
14.3 East Asia Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2024-2019]
- 14.3.1 Power Supplies
- 14.3.2 Renewable Energy Systems
- 14.3.3 Motor Drives
- 14.3.4 Industrial Automation
- 14.4 East Asia Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2020-2030]
- 14.5 East Asia Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2020-2030]
- 14.6 East Asia Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2020-2030]
Chapter 15 : Southeast Asia Power Conversion Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2024-2019]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2024-2019]
- 15.2.1 AC-DC Converters
- 15.2.2 DC-AC Inverters
- 15.2.3 DC-DC Converters
- 15.2.4 AC-AC Cycloconverters
-
15.3 Southeast Asia Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2024-2019]
- 15.3.1 Power Supplies
- 15.3.2 Renewable Energy Systems
- 15.3.3 Motor Drives
- 15.3.4 Industrial Automation
- 15.4 Southeast Asia Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2020-2030]
- 15.5 Southeast Asia Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2020-2030]
- 15.6 Southeast Asia Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2020-2030]
Chapter 16 : South Asia Power Conversion Market Breakdown by Country, Type & Application
- 16.1 South Asia Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2024-2019]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2024-2019]
- 16.2.1 AC-DC Converters
- 16.2.2 DC-AC Inverters
- 16.2.3 DC-DC Converters
- 16.2.4 AC-AC Cycloconverters
-
16.3 South Asia Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2024-2019]
- 16.3.1 Power Supplies
- 16.3.2 Renewable Energy Systems
- 16.3.3 Motor Drives
- 16.3.4 Industrial Automation
- 16.4 South Asia Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2020-2030]
- 16.5 South Asia Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2020-2030]
- 16.6 South Asia Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2020-2030]
Chapter 17 : Central Asia Power Conversion Market Breakdown by Country, Type & Application
- 17.1 Central Asia Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2024-2019]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2024-2019]
- 17.2.1 AC-DC Converters
- 17.2.2 DC-AC Inverters
- 17.2.3 DC-DC Converters
- 17.2.4 AC-AC Cycloconverters
-
17.3 Central Asia Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2024-2019]
- 17.3.1 Power Supplies
- 17.3.2 Renewable Energy Systems
- 17.3.3 Motor Drives
- 17.3.4 Industrial Automation
- 17.4 Central Asia Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2020-2030]
- 17.5 Central Asia Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2020-2030]
- 17.6 Central Asia Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2020-2030]
Chapter 18 : Oceania Power Conversion Market Breakdown by Country, Type & Application
- 18.1 Oceania Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2024-2019]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2024-2019]
- 18.2.1 AC-DC Converters
- 18.2.2 DC-AC Inverters
- 18.2.3 DC-DC Converters
- 18.2.4 AC-AC Cycloconverters
-
18.3 Oceania Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2024-2019]
- 18.3.1 Power Supplies
- 18.3.2 Renewable Energy Systems
- 18.3.3 Motor Drives
- 18.3.4 Industrial Automation
- 18.4 Oceania Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2020-2030]
- 18.5 Oceania Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2020-2030]
- 18.6 Oceania Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2020-2030]
Chapter 19 : MEA Power Conversion Market Breakdown by Country, Type & Application
- 19.1 MEA Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2024-2019]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2024-2019]
- 19.2.1 AC-DC Converters
- 19.2.2 DC-AC Inverters
- 19.2.3 DC-DC Converters
- 19.2.4 AC-AC Cycloconverters
-
19.3 MEA Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2024-2019]
- 19.3.1 Power Supplies
- 19.3.2 Renewable Energy Systems
- 19.3.3 Motor Drives
- 19.3.4 Industrial Automation
- 19.4 MEA Power Conversion Market by Country (USD Million) & Sales Volume (Units) [2020-2030]
- 19.5 MEA Power Conversion Market by Type (USD Million) & Sales Volume (Units) [2020-2030]
- 19.6 MEA Power Conversion Market by Application (USD Million) & Sales Volume (Units) [2020-2030]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Power Conversion market is expected to see value worth 6.5 Billion in 2019.
The Power Conversion Market is predicted to grow at a CAGR of 7.50%.
Increasing Adoption Of Renewable Energy, Advancements In Power Electronics are seen to make big Impact on Power Conversion Market Growth.
- Converting Electrical Power From One Form To Another
- Matching Voltage And Current Levels
Business transformation in Power Conversion Market has taken hold due to the confluence of several important triggers, some of them are Efficiency Losses, Cost, Size And Weight, Complexity Of Control Systems.
The market opportunity is clear from the flow of investment into Global Power Conversion Market, some of them are Connecting Renewable Energy To The Grid, Controlling Motor Speed, Powering Electronic Devices.
New entrants, including competitors from unrelated industries along with players such as Siemens, ABB, Eaton, General Electric, Schneider Electric, Mitsubishi Electric, Emerson, Hitachi, Delta Electronics, Rockwell Automation, Omron, TDK-Lambda, Infineon, Panasonic, STMicroelectronics Instituting a robust process in Global Power Conversion Market.
Research paper of Global Power Conversion Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Power supplies, Renewable energy systems, Motor drives, Industrial automation.
The Global Power Conversion Market Study is segmented by AC-DC converters, DC-AC inverters, DC-DC converters, AC-AC cycloconverters.
The Global Power Conversion Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2024 - Base year: 2019. Forecast period**: 2025 to 2030 [** unless otherwise stated]
The Power Conversion Market focuses on the technologies and solutions used to convert electrical energy from one form to another, such as AC to DC, DC to AC, or voltage transformations. Power conversion is essential for various industries, including renewable energy, electric vehicles, telecommunications, and industrial equipment. The market is growing with the increasing demand for energy-efficient solutions that can optimize power usage, reduce energy losses, and integrate renewable energy sources into existing infrastructures. The development of advanced power converters, inverters, and rectifiers is improving the efficiency, reliability, and performance of power conversion systems. The growing adoption of electric vehicles, solar energy systems, and smart grids is contributing to the expansion of the power conversion market.
