OVERVIEW
Vic Market Research Co., Ltd. is pleased to announce the release of the “Global and Chinese Power Conversion Market Insight Report 2025–2031.”
This comprehensive study is designed to provide a structured and in-depth analysis of the Power Conversion industry, both domestically and internationally, with a focus on the following key areas:
1.An overview and assessment of the current development status and emerging trends in the Power Conversion industry across global and Chinese markets.
2.Estimation of the overall market size of the Power Conversion industry, along with a detailed analysis of market share by major countries.
3.Evaluation of the development potential within various segments of the Power Conversion industry, analysis of downstream market demand, and an examination of the competitive landscape.
4.Identification and exploration of industry pain points, aiming to support stakeholders in addressing key challenges effectively.
This report integrates extensive desk research with qualitative interviews conducted with industry experts and insiders, ensuring both the objectivity and comprehensiveness of the findings and data.
The study provides a detailed examination of the production, consumption, import, and export dynamics of the Power Conversion market in China. It also highlights key global and domestic manufacturers that play a significant role in the Chinese market, presenting core performance indicators such as sales volume, revenue, pricing, gross margin, and market share.
Furthermore, the report delivers a thorough analysis of segmented growth within the Power Conversion product category, including differentiation by product types, pricing, sales, revenue, and application-specific market performance. Historical data from 2020 to 2024 is incorporated, with forward-looking projections extending through 2031.
In light of the significant uncertainty introduced by the U.S. tariff policy set to take effect in 2025, the report offers a dedicated analysis of its core impacts. This includes assessments of global and regional competitive dynamics, economic linkages, supply chain restructuring, and countries’ strategic responses. The report concludes with strategic recommendations and a forward-looking outlook for the Power Conversion market.
1. Key Global Players in the Power Conversion Industry:
ABB
Siemens
SMA
Yaskawa
Huawei
Sungrow
Schneider Electric
Fuji Electric
Solaredge
Inovance Technology
TBEA
TMEIC
Omron
Fronius
Enphase Energy
KACO
Ingeteam
Kostal
Bestek
NFA
2.Global Power Conversion Market, Segmented by Product Type:
12-48 V
48-200 V
200-400 V
Above 400 V
3. Global Power Conversion Market, Segmented by Application
DC Power Source Usage
UPS
Motor Controller
Solar
4. Global Power Conversion Market, by Geographical Region:
North America (USA and Canada)
Europe (Germany, UK, France, Italy and other European countries)
Asia-Pacific (China, Japan, Korea, Taiwan, Southeast Asia, India, etc.)
Latin America (Mexico and Brazil, etc.)
Middle East and Africa (Turkey and Saudi Arabia, etc.)
I. Power Conversion Market Overview:
1.1 Product Definition and Statistical Scope
1.2 On the basis of different product types, Power Conversion can be mainly categorized as follows:
Global Growth Trend of Power Conversion by Product Type 2020 VS 2024 VS 2031
12-48 V
48-200 V
200-400 V
Above 400 V
1.3 From different applications, Power Conversion mainly includes the following:
Global Different Applications Power Conversion Growth Trend 2020 VS 2024 VS 2031
DC Power Source Usage
UPS
Motor Controller
Solar
1.4 Global Power Conversion Development Status and Future Trends (2020-2031)
Global Market Power Conversion Revenue and Growth Rate (2020-2031)
Global Market Power Conversion Sales and Growth Rate (2020-2031)
II. Global Market Major Power Conversion Manufacturers Analysis:
2.1 Global Market Key Manufacturers Power Conversion Sales and Market Share
Global Market Key Manufacturers Power Conversion Sales (2020-2025)
Global Market Major Manufacturers Power Conversion Sales Market Share (2020-2025)
2.2 Global Market Key Manufacturers Power Conversion Revenue and Market Share
Global Market Key Manufacturers Power Conversion Revenue (2020-2025)
Global Market Key Manufacturers Power Conversion Revenue Market Share (2020-2025)
Global Market Key Manufacturers Power Conversion Revenue Ranking by 2024
2.3 Global Market Key Manufacturers Power Conversion Price (2020-2025)
2.4 Global Market Major Manufacturers Power Conversion Headquarter and Origin Distribution
2.5 Global Market Key Manufacturers Power Conversion Establishment Date and Power Conversion Commercialization Date
2.6 Global Market Major Manufacturers Power Conversion Product Type and Application
2.7 Power Conversion Industry Concentration, Competition Analysis
Power Conversion Industry Concentration Analysis: Global Top 5 Manufacturers Market Share by 2024
Global Market Power Conversion First Tier, Second Tier and Third Tier Manufacturers (Brand) and Market Share in 2024.
2.8 New Investments and Market M&A Activities
III. Profiles of the following key players:
ABB
Siemens
SMA
Yaskawa
Huawei
Sungrow
Schneider Electric
Fuji Electric
Solaredge
Inovance Technology
TBEA
TMEIC
Omron
Fronius
Enphase Energy
KACO
Ingeteam
Kostal
Bestek
NFA
1. Basic Information, Power Conversion Manufacturing Base, Headquarters, Competitors and Market Position.
2. Power Conversion Product Specifications, Parameters, and Market Applications .
3. Power Conversion Sales, Revenue, Price and Gross Margin in Global Market (2020-2025).
4. Company Profile and Key Businesses.
5. Latest Company News.
IV. Analysis of Different Product Types of Power Conversion:
4.1 Global Market Power Conversion Sales by Product Type (2020-2031)
Global Market Sales and Market Share of Power Conversion by Product Type (2020-2025)
Global Market Sales Forecast of Power Conversion by Different Product Types (2026-2031)
4.2 Global Market Power Conversion Size by Product Type (2020-2031)
Global Market Power Conversion Size and Market Share by Product Type (2020-2025)
Global Market Size Forecast of Power Conversion by Product Type (2026-2031)
4.3 Global Market Price Trend of Power Conversion by Product Type (2020-2031)
V. Analysis of Power Conversion for Different Applications
5.1 Global Market Sales of Power Conversion by Application (2020-2031)
Global Market Power Conversion Sales and Market Share by Application (2020-2025)
Global Market Power Conversion Sales Forecast by Application (2026-2031)
5.2 Global Market Power Conversion Size and Market Share by Application (2020-2025)
Global Market Power Conversion Size Forecast by Application (2026-2031)
5.3 Global Market Price Trend of Power Conversion by Application (2020-2031)
VI. Industry Development Environment Analysis
6.1 Development Analysis of Power Conversion Industry - Development Trend
6.2 Power Conversion Industry Development Analysis - Manufacturer Barriers
6.3 Power Conversion Industry Development Analysis - Driving Factors
6.4 Power Conversion Industry Development Analysis - Restraints
6.5 SWOT Analysis of Power Conversion Global Companies
6.6 Power Conversion Industry Development Analysis - Industry Policies
Industry Authorities and Regulatory Framework
Industry-related Policy Trends
Industry Related Planning
VII. Industry Supply Chain Analysis
7.1 Industry Chain Introduction of Power Conversion Industry
7.2 Power Conversion Industry Chain Analysis - Upstream
7.3 Power Conversion Industry Chain Analysis - Midstream
7.4 Power Conversion Industry Chain Analysis - Downstream
7.5 Procurement Mode of Power Conversion Industry
7.6 Production Mode of Power Conversion Industry
7.7 Power Conversion Industry Sales Model and Sales Channels
VIII. Global Local Power Conversion Capacity, Production Analysis
8.1 Global Power Conversion Supply and Demand Status and Forecast (2020-2031)
Global Power Conversion Capacity, Production, Capacity Utilization and Development Trend (2020-2031)
Global Power Conversion Production, Market Demand and Development Trend (2020-2031)
8.2 Global Power Conversion Import and Export Analysis
Global Market Power Conversion Main Import Sources
Global Market Power Conversion Main Export Destinations
IX. Research Findings and Conclusion
X. Appendix
10.1 Research Methodology
10.2 Data Sources
Secondary Information Sources
Primary Information Sources
10.3 Data Interactive Validation
10.4 Disclaimer”
Table of Contents
Table : Growth Trends in Power Conversion by Product Type
Table:Growth Trend of Different Applications
Table:Current Development Status of Power Conversion Industry
Table:Development Trend of Power Conversion
Table:Global Major Regions Production of Power Conversion
Table:Global Major Regions Power Conversion Production Market Share
Table:Global Market Major Manufacturers Power Conversion Production Capacity
Table:Global Market Major Manufacturers Power Conversion Sales, Sales Market Share, Sales Revenue
Table:Global Market Major Manufacturers Power Conversion Sales Revenue Market Share, Price
Table: Global Key Manufacturers Power Conversion Revenue Ranking by 2025
Table: China Market Major Manufacturers Power Conversion Sales, Sales Market Share, Sales Revenue
Table: China Market Key Manufacturers Power Conversion Sales Revenue Market Share, Sales Price
Table: China Key Manufacturers Power Conversion Revenue Ranking by 2025
Table: Global Major Manufacturers Power Conversion Production Distribution and Commercialization Date
Table:Global Major Manufacturers Power Conversion Product Type List
Table: Global Key Manufacturers Market Position of Power Conversion in 2025 (First Tier, Second Tier and Third Tier)
Table: Global Power Conversion Market Analysis of Current Status of Investments, Mergers & Acquisitions, and Others
Table: Global Major Regions Power Conversion Sales Revenue
Table: Global Major Regions Power Conversion Sales Revenue Market Share
Table: Global Major Regions Power Conversion Revenue Market Share
Table: Global Major Regions Power Conversion Sales Volume
Table: Global Major Regions Power Conversion Sales Market Share
Table : Global Major Regions Power Conversion Sales Share
Table : The following companies:
ABB
Siemens
SMA
Yaskawa
Huawei
Sungrow
Schneider Electric
Fuji Electric
Solaredge
Inovance Technology
TBEA
TMEIC
Omron
Fronius
Enphase Energy
KACO
Ingeteam
Kostal
Bestek
NFA
Power Conversion Manufacturing Base, Sales Area, Competitors and Market Position
Power Conversion Product Specifications, Parameters and Market Applications
Power Conversion Sales, Revenue, Price and Gross Margin
Company Profile and Major Businesses
Latest Company News
Table: Global Sales of Power Conversion by Product Type
Table: Global Sales Market Share of Power Conversion by Product Type
Table: Global Sales Forecast of Power Conversion by Product Type
Table: Global Sales Market Share Forecast of Power Conversion by Product Type
Table: Global Revenue of Power Conversion by Product Type
Table: Global Power Conversion Revenue Market Share by Product Type
Table: Global Revenue Forecast of Power Conversion by Product Type
Table: Global Revenue Market Share Forecast of Power Conversion by Product Type
Table: Global Price Trend of Power Conversion by Product Type
Table: Global Sales of Power Conversion by Application
Table: Global Sales Market Share of Power Conversion by Application
Table: Global Sales Forecast of Power Conversion by Application
Table: Global Power Conversion Sales Market Share Forecast by Application
Table: Global Power Conversion Revenue by Application
Table: Global Power Conversion Revenue Market Share by Application
Table: Global Power Conversion Revenue Forecast by Application
Table: Global Power Conversion Revenue Market Share Forecast by Application
Table: Global Price Trend of Power Conversion by Application
Table: List of Power Conversion Upstream Raw Material Suppliers and Contact Information
Table: List of Typical Customers of Power Conversion
Table: Power Conversion Main Sales Modes and Sales Channels
Table: Development Opportunities and Key Driving Factors of Power Conversion Industry
Table: Risks Faced by Power Conversion Industry Development
Table: Power Conversion Industry Policy Analysis
Table: Research Scope
Table: List of Analysts
Chart Catalog
Figure Power Conversion Product Picture
Figure Global Production Market Share of Power Conversion by Product Type
Figure Global Power Conversion Consumption Market Share by Application
Figure Global Power Conversion Capacity, Production, Capacity Utilization and Development Trend
Figure Global Power Conversion Production, Demand and Development Trend
Figure Global Power Conversion Production Market Share by Major Regions
Figure China Power Conversion Capacity, Production, Capacity Utilization and Development Trend
Figure China Power Conversion Production, Market Demand and Development Trend
Figure Global Power Conversion Market Sales and Growth Rate.
Figure Global Power Conversion Market Size
Figure Global Market Power Conversion Sales and Growth Rate
Figure Global Market Power Conversion Price Trend
Figure Global Market Power Conversion Sales Market Share of Major Manufacturers in 2025
Figure Power Conversion Revenue Market Share of Key Manufacturers in Global Market in 2025
Figure Power Conversion Sales Market Share of Key Manufacturers in China Market in 2025
Figure Power Conversion Revenue Market Share of Key Manufacturers in China Market, 2025
Figure 2025 Global Power Conversion Market Share of Top 5 Manufacturers
Figure 2025 Global Power Conversion First Tier, Second Tier and Third Tier Manufacturers (by Brand) and Market Share
Figure Global Power Conversion Sales Revenue Market Share by Major Regions
Figure North America Power Conversion Sales and Growth Rate
Figure North America Power Conversion Revenue and Growth Rate
Figure Europe Market Power Conversion Sales and Growth Rate
Figure Europe Market Power Conversion Revenue and Growth Rate
Figure China Power Conversion Sales and Growth Rate
Figure China Market Power Conversion Revenue and Growth Rate
Figure Power Conversion Sales and Growth Rate in Japan Market
Figure Power Conversion Revenue and Growth Rate in Japan Market
Figure Global Price Trend of Power Conversion by Product Type
Figure Global Price Trend of Power Conversion by Application
Figure Power Conversion Industry Chain
Figure Power Conversion Chinese Companies SWOT Analysis
Figure Key Interview Objectives
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
Stage 5: Quality control
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the VICResearch’s internal quality process.