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2021-07-29      Energy & Power

Global Power Conversion Industry Research Report, Growth Trends and Competitive Analysis 2021-2027

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.

The global Power Conversion market size is projected to reach US$ 34630 million by 2027, from US$ 26690 million in 2020, at a CAGR of 3.8% during 2021-2027.

In terms of production side, this report researches the Power Conversion production capacity, value, ex-factory price, growth rate, market share by manufacturers, regions (or countries) and by Type.

In terms of consumption side, this report focuses on the consumption of Power Conversion by regions (countries) and by Application.

The global Power Conversion market is thoroughly, accurately, and comprehensively assessed in the report with a large focus on market dynamics, market competition, regional growth, segmental analysis, and key growth strategies. Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Power Conversion market. These figures have been provided in terms of both revenue and volume for the period 2016-2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

Regions and Countries

Regional analysis is another highly comprehensive part of the research and analysis study of the global Power Conversion market presented in the report. This section sheds light on the sales growth of different regional and country-level Power Conversion markets. It includes sales (consumption) analysis and forecast by each application segment and type segment in terms of volume for the period 2016-2021. For the period 2016-2027, it provides detailed and accurate country-wise volume sales analysis and region-wise volume analysis of the global Power Conversion market.

The report offers in-depth assessment of the growth and other aspects of the Power Conversion market in important countries, including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc. Key regions covered in the report are North America, Europe, Japan, China, Southeast Asia and India

Leading Players

The analysts authoring the report have closely analyzed each leading and prominent player of the global Power Conversion market. The competitive analysis section of the report provides a list of players competing at a global level and segregates them according to the type segment of the global Power Conversion market they focus on. It also provides production analysis by the manufacturer for the period 2016-2021. In addition, readers of the report are provided with revenue analysis and price analysis by the manufacturer at a global level for the period 2016-2021. Considering the same period, the market entry year of each player included in the report has been provided.

This report includes the following manufacturers; we can also add the other companies as you want.







Schneider Electric

Fuji Electric


Inovance Technology





Enphase Energy






Market Segment by Type

12-48 V

48-200 V

200-400 V

Above 400 V

Market Segment by Application

DC Power Source Usage


Motor Controller


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