Power Converter/Inverter Market

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).

Power Converter/Inverter Market contains market size and forecasts of Power Converter/Inverter in global, including the following market information:

• Global Power Converter/Inverter Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global Power Converter/Inverter Market Sales, 2017-2022, 2023-2028, (K Units)
• Global top five Power Converter/Inverter companies in 2021 (%)

The global Power Converter/Inverter market was valued at 225.9 million in 2021 and is projected to reach US$ 331.7 million by 2028, at a CAGR of 5.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

12V Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Power Converter/Inverter include Bestek, NFA, Cobra, Kisae Technology, Rally, Energizer, Duracell, Meind and Stanley, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Power Converter/Inverter manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Power Converter/Inverter Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Power Converter/Inverter Market Segment Percentages, by Type, 2021 (%)

• 12V
• 24V
• 48V and Above

Global Power Converter/Inverter Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Power Converter/Inverter Market Segment Percentages, by Application, 2021 (%)

• Car Appliances
• Outdoor Application
• Others

Global Power Converter/Inverter Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Power Converter/Inverter Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa
• Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Power Converter/Inverter revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Power Converter/Inverter revenues share in global market, 2021 (%)
• Key companies Power Converter/Inverter sales in global market, 2017-2022 (Estimated), (K Units)
• Key companies Power Converter/Inverter sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Bestek
• NFA
• Cobra
• Kisae Technology
• Rally
• Energizer
• Duracell
• Meind
• Stanley
• Exeltech
• Cotek
• Samlex
• Power Bright
• Go Power
• Wagan Tech
• Magnum Energy
• WEHO
• Erayak