1 エグゼクティブ・サマリー
2 序文
2.1 概要
2.2 ステークホルダー
2.3 調査範囲
2.4 調査方法
2.4.1 データマイニング
2.4.2 データ分析
2.4.3 データの検証
2.4.4 リサーチアプローチ
2.5 リサーチソース
2.5.1 一次調査ソース
2.5.2 セカンダリーリサーチソース
2.5.3 前提条件
3 市場動向分析
3.1 はじめに
3.2 推進要因
3.3 抑制要因
3.4 機会
3.5 脅威
3.6 アプリケーション分析
3.7 エンドユーザー分析
3.8 新興市場
3.9 Covid-19の影響
4 ポーターズファイブフォース分析
4.1 供給者の交渉力
4.2 買い手の交渉力
4.3 代替品の脅威
4.4 新規参入の脅威
4.5 競争上のライバル関係
5 電力変換器の世界市場、種類別
5.1 はじめに
5.2 AC-DCコンバータ
5.3 DC to ACコンバータ
5.4 DC to DCコンバータ
5.5 AC-ACコンバータ
6 電力変換器の世界市場、出力電力別
6.1 はじめに
6.2 低出力（1kWまで）
6.3 中電力 （1 kW～10 kW）
6.4 高出力（10kW以上）
7 電力変換器の世界市場：電圧範囲別
7.1 はじめに
7.2 低電圧（1kVまで）
7.3 中電圧（1 kV～35 kV）
7.4 高電圧（35kV以上）
8 電力変換器の世界市場、部品別
8.1 はじめに
8.2 パワー半導体デバイス
8.3 制御ユニット
8.4 磁気学およびインダクタ
8.5 コンデンサ
8.6 その他の部品
9 電力変換器の世界市場、用途別
9.1 はじめに
9.2 再生可能エネルギー
9.3 輸送
9.3.1 電気自動車
9.3.2 鉄道
9.3.3 海洋
9.4 民生用電子機器
9.4.1 スマートフォン
9.4.2 ノートパソコン
9.4.3 テレビ
9.5 産業オートメーション
9.6 医療機器
9.7 データセンター
9.8 スマートグリッド
10 電力変換器の世界市場、エンドユーザー別
10.1 はじめに
10.2 自動車
10.3 航空宇宙・防衛
10.4 通信
10.5 ヘルスケア
10.6 製造業
10.7 公共事業
10.8 IT・データセンター
10.9 政府・公共インフラ
10.10 商業および小売
11 電力変換器の世界市場、地域別
11.1 はじめに
11.2 北アメリカ
11.2.1 アメリカ
11.2.2 カナダ
11.2.3 メキシコ
11.3 ヨーロッパ
11.3.1 ドイツ
11.3.2 イギリス
11.3.3 イタリア
11.3.4 フランス
11.3.5 スペイン
11.3.6 その他のヨーロッパ
11.4 アジア太平洋
11.4.1 日本
11.4.2 中国
11.4.3 インド
11.4.4 オーストラリア
11.4.5 ニュージーランド
11.4.6 韓国
11.4.7 その他のアジア太平洋地域
11.5 南アメリカ
11.5.1 アルゼンチン
11.5.2 ブラジル
11.5.3 チリ
11.5.4 その他の南アメリカ地域
11.6 中東/アフリカ
11.6.1 サウジアラビア
11.6.2 アラブ首長国連邦
11.6.3 カタール
11.6.4 南アフリカ
11.6.5 その他の中東/アフリカ地域
12 主要開発
12.1 契約、パートナーシップ、提携、合弁事業
12.2 買収と合併
12.3 新製品上市
12.4 拡張
12.5 その他の主要戦略
13 企業プロフィール
13.1 ABB Group
13.2 Siemens AG
13.3 Schneider Electric
13.4 Delta Electronics
13.5 Emerson Electric
13.6 Eaton Corporation
13.7 General Electric
13.8 Mitsubishi Electric Corporation
13.9 Texas Instruments
13.10 Vicor Corporation
13.11 TDK Lambda Corporation
13.12 Murata Manufacturing Co.
13.13 Infineon Technologies AG
13.14 STMicroelectronics
13.15 Analog Devices Inc.
13.16 Rockwell Automation
13.17 Crane Co.
13.18 INVT
表一覧
1 パワーコンバータの世界市場展望、地域別（2022-2030年） （$MN）
2 電力変換器の世界市場展望、種類別 （2022-2030） （$MN）
3 電力変換器の世界市場展望、AC/DCコンバータ別 （2022-2030） （$MN）
4 電力変換器の世界市場展望、DC-ACコンバータ別 （2022-2030） （$MN）
5 電力変換器の世界市場展望、DC-DCコンバータ別 （2022-2030） （$MN）
6 電力変換器の世界市場展望、AC-ACコンバータ別 （2022-2030） （$MN）
7 電力変換器の世界市場展望、出力電力別 （2022-2030） （$MN）
8 電力変換器の世界市場展望、低電力（1kWまで）別 （2022-2030） （$MN）
9 電力変換器の世界市場展望、中電力（1kW～10kW）別 （2022-2030） （$MN）
10 電力変換器の世界市場展望、高電力（10kW以上）別 （2022-2030） （$MN）
11 電力変換器の世界市場展望、電圧範囲別 （2022-2030） （$MN）
12 電力変換器の世界市場展望：低電圧（1kVまで）別 （2022-2030） （$MN）
13 電力変換器の世界市場展望、中電圧（1kV～35kV）別 （2022-2030） （$MN）
14 電力変換器の世界市場展望、高電圧（35kV以上）別 （2022-2030） （$MN）
15 電力変換器の世界市場展望、コンポーネント別 （2022-2030） （$MN）
16 電力変換器の世界市場展望、パワー半導体デバイス別 （2022-2030） （$MN）
17 電力変換器の世界市場展望：制御ユニット別 （2022-2030） （$MN）
18 電力変換器の世界市場展望：磁気学とインダクタ別 （2022-2030） （$MN）
19 電力変換器の世界市場展望、コンデンサ別 （2022-2030） （$MN）
20 電力変換器の世界市場展望、その他の部品別 （2022-2030） （$MN）
21 電力変換器の世界市場展望：用途別 （2022-2030） （$MN）
22 電力変換器の世界市場展望：再生可能エネルギー別 （2022-2030） （$MN）
23 電力変換器の世界市場展望：輸送手段別 （2022-2030） （$MN）
24 電力変換器の世界市場展望：電気自動車別 （2022-2030） （$MN）
25 電力変換器の世界市場展望：鉄道別 （2022-2030） （$MN）
26 電力変換器の世界市場展望：船舶別 （2022-2030） （$MN）
27 電力変換器の世界市場展望：家電製品別 （2022-2030） （$MN）
28 電力変換器の世界市場展望：スマートフォン別 （2022-2030） （$MN）
29 電力変換器の世界市場展望：ノートパソコン別 （2022-2030） （$MN）
30 電力変換器の世界市場展望：テレビ別 （2022-2030） （$MN）
31 電力変換器の世界市場展望：産業オートメーション別 （2022-2030） （$MN）
32 電力変換器の世界市場展望：医療機器別 （2022-2030） （$MN）
33 電力変換器の世界市場展望：データセンター別 （2022-2030） （$MN）
34 電力変換器の世界市場展望：スマートグリッド別 （2022-2030） （$MN）
35 電力変換器の世界市場展望：エンドユーザー別 （2022-2030） （$MN）
36 電力変換器の世界市場展望：自動車別 （2022-2030） （$MN）
37 電力変換器の世界市場展望：航空宇宙・防衛別 （2022-2030） （$MN）
38 電力変換器の世界市場展望：通信別 （2022-2030） （$MN）
39 電力変換器の世界市場展望：ヘルスケア別 （2022-2030） （$MN）
40 電力変換器の世界市場展望：製造業別 （2022-2030） （$MN）
41 電力変換器の世界市場展望：公益事業別 （2022-2030） （$MN）
42 電力変換器の世界市場展望：IT・データセンター別 （2022-2030） （$MN）
43 電力変換器の世界市場展望：政府・公共インフラ別 （2022-2030） （$MN）
44 電力変換器の世界市場展望：商業・小売業別 （2022-2030） （$MN）
注：北アメリカ、ヨーロッパ、APAC、南アメリカ、中東/アフリカ地域の表も上記と同様に表記しています。
According to the International Energy Agency (IEA), global electricity demand will grow by around 4% in both 2024 and 2025, which is higher than the 2.5% growth seen in 2023. The renewable sources of electricity will also expand rapidly, with their share of global electricity supply forecast to rise from 30% in 2023 to 35% in 2025.
Market Dynamics:
Driver:
Growing demand for renewable energy
The increasing global focus on sustainability and clean energy is driving rapid growth in renewable energy installations like solar and wind farms. Power converters are critical in these systems because they convert variable DC power into grid-compatible AC power. As countries set ambitious renewable energy targets and invest heavily in expanding capacity, the demand for power converters is rising sharply. This trend is expected to continue accelerating, providing a major growth driver for the power converter market in the coming years.
Restraint:
High initial costs
The high upfront costs associated with purchasing and installing power converters, especially for large-scale applications, can be a significant barrier to adoption. Advanced power converters with high efficiency and power density tend to be expensive due to the use of premium components and sophisticated designs. For many potential customers, especially in price-sensitive markets, these high initial costs can outweigh the long-term benefits of improved energy efficiency. This cost factor limits market growth, particularly in emerging economies and for smaller-scale applications.
Opportunity:
Advancement in energy storage solutions
As energy storage becomes more prevalent in grid applications, electric vehicles, and renewable energy systems, there is an increasing need for bidirectional power converters that can efficiently manage power flow between storage systems and the grid or loads. This trend is driving innovation in converter designs optimized for energy storage integration, opening up new market segments and applications for power converter manufacturers.
Threat:
Cybersecurity risks
Power converters are more sophisticated and interconnected, particularly in smart grid applications, and face increasing cybersecurity threats. Malicious actors could potentially exploit vulnerabilities in converter control systems to disrupt power supply or cause damage to electrical infrastructure. This growing cybersecurity risk necessitates ongoing investment in security measures and could potentially slow adoption in critical infrastructure applications if not adequately addressed.
Covid-19 Impact:
The COVID-19 pandemic disrupted global supply chains, causing shortages of key components and manufacturing delays for power converters. It also temporarily reduced demand in some sectors, like industrial automation. However, the pandemic accelerated digitalization trends and renewable energy adoption, which partially offset these negative impacts and may drive long-term growth in power converter demand.
The medium power (1 kW to 10 kW) segment is expected to be the largest during the forecast period
The medium power converters segment ranging from 1 kW to 10 kW is expected to be the largest during the forecast period due to its wide range of applications. This segment is prevalent in residential solar systems, electric vehicle (EV) charging, and small to medium-sized industrial equipment, which is all experiencing increased demand. The versatility, combined with the balance of performance and cost, makes this segment appealing for both consumer and light commercial uses.
The transportation segment is expected to have the highest CAGR during the forecast period
The transportation segment is expected to have the highest CAGR during the forecast period. Power converters are essential components in EV powertrains, charging infrastructure, and auxiliary power systems. As EV adoption accelerates due to government incentives, improving technology, and growing environmental awareness, the demand for specialized automotive power converters is surging. This rapid electrification of transportation is driving innovation in high-efficiency, compact converter designs, propelling this segment to the highest growth rate in the power converter market.
Region with largest share:
The Asia Pacific region is estimated to register the largest market share, during the forecast period. This region dominates the power converter market due to several factors. It has the world's largest and fastest-growing renewable energy sector, particularly in China and India. The region is also a major hub for consumer electronics manufacturing and is seeing rapid growth in electric vehicle adoption. Additionally, government initiatives supporting clean energy and industrial automation are driving demand across various applications. The presence of major power converter manufacturers and a robust supply chain further solidifies Asia Pacific's leading position in the market.
Region with highest CAGR:
The Asia Pacific region is expected to witness the highest CAGR during the forecast period. This is driven by continued massive investments in renewable energy infrastructure, particularly in emerging economies. The region's booming electric vehicle market, especially in China, is another major growth factor. Rapid urbanization and industrialization across many Asian countries are increasing demand for power conversion solutions in various sectors. Additionally, government policies promoting energy efficiency and clean technology adoption are creating a favorable environment for sustained market growth in the region.
Key players in the market:
Some of the key players in Power Converter Market include ABB Group, Siemens AG, Schneider Electric, Delta Electronics, Emerson Electric, Eaton Corporation, General Electric, Mitsubishi Electric Corporation, Texas Instruments, Vicor Corporation, TDK Lambda Corporation, Murata Manufacturing Co., Infineon Technologies AG, STMicroelectronics, Analog Devices Inc., Rockwell Automation, Crane Co., and INVT.
Key Developments:
In March 2023, Siemens has announced the launch of Sinamics G220, a new high-performance frequency converter with clean power technology that reduces harmonics by up to 97 percent without the need for additional chokes. It is the first Sinamics drive to be part of the Siemens Xcelerator portfolio, enabling digital twin capability, and an integral part of the TIA portal. The Sinamics G220 is equipped with an IIoT module for easy integration into cloud and edge applications and comes with a range of hardware options and software functions for flexible adaptation to different application cases. The new frequency converter is suitable for various industries, especially food and beverage, pharmaceutical, chemical, oil and gas, and marine industries, and provides secure communication and user management for added cybersecurity.
In April 2021, Schneider Electric, the leader in digital transformation of energy management and automation, has announced the launch of its Galaxy™ VL 200-500 kW (400V/480V) 3-phase uninterruptible power supply (UPS) for industrial applications. Available worldwide, the newest addition to the Galaxy family offers a highly efficient and ruggedized, compact UPS, with up to 99-percent efficiency in patented ECOnversion™ mode, offering a full return on investment within two years (model dependent) for critical applications within industrial facilities.
Types Covered:
• AC to DC Converters
• DC to AC Converters
• DC to DC Converters
• AC to AC Converters
Output Power Covered:
• Low Power (Up to 1 kW)
• Medium Power (1 kW to 10 kW)
• High Power (Above 10 kW)
Voltage Ranges Covered:
• Low Voltage (Up to 1 kV)
• Medium Voltage (1 kV to 35 kV)
• High Voltage (Above 35 kV)
Components Covered:
• Power Semiconductor Devices
• Control Units
• Magnetics and Inductors
• Capacitors
• Other Components
Applications Covered:
• Renewable Energy
• Transportation
• Consumer Electronics
• Industrial Automation
• Medical Equipment
• Data Centers
• Smart Grids
End Users Covered:
• Automotive
• Aerospace & Defense
• Telecommunications
• Healthcare
• Manufacturing
• Utilities
• IT & Data Centers
• Government & Public Infrastructure
• Commercial and Retail
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Power Converter Market, By Type
5.1 Introduction
5.2 AC to DC Converters
5.3 DC to AC Converters
5.4 DC to DC Converters
5.5 AC to AC Converters
6 Global Power Converter Market, By Output Power
6.1 Introduction
6.2 Low Power (Up to 1 kW)
6.3 Medium Power (1 kW to 10 kW)
6.4 High Power (Above 10 kW)
7 Global Power Converter Market, By Voltage Range
7.1 Introduction
7.2 Low Voltage (Up to 1 kV)
7.3 Medium Voltage (1 kV to 35 kV)
7.4 High Voltage (Above 35 kV)
8 Global Power Converter Market, By Component
8.1 Introduction
8.2 Power Semiconductor Devices
8.3 Control Units
8.4 Magnetics and Inductors
8.5 Capacitors
8.6 Other Components
9 Global Power Converter Market, By Application
9.1 Introduction
9.2 Renewable Energy
9.3 Transportation
9.3.1 Electric Vehicles
9.3.2 Railways
9.3.3 Marine
9.4 Consumer Electronics
9.4.1 Smartphones
9.4.2 Laptops
9.4.3 TVs
9.5 Industrial Automation
9.6 Medical Equipment
9.7 Data Centers
9.8 Smart Grids
10 Global Power Converter Market, By End User
10.1 Introduction
10.2 Automotive
10.3 Aerospace & Defense
10.4 Telecommunications
10.5 Healthcare
10.6 Manufacturing
10.7 Utilities
10.8 IT & Data Centers
10.9 Government & Public Infrastructure
10.10 Commercial and Retail
11 Global Power Converter Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 ABB Group
13.2 Siemens AG
13.3 Schneider Electric
13.4 Delta Electronics
13.5 Emerson Electric
13.6 Eaton Corporation
13.7 General Electric
13.8 Mitsubishi Electric Corporation
13.9 Texas Instruments
13.10 Vicor Corporation
13.11 TDK Lambda Corporation
13.12 Murata Manufacturing Co.
13.13 Infineon Technologies AG
13.14 STMicroelectronics
13.15 Analog Devices Inc.
13.16 Rockwell Automation
13.17 Crane Co.
13.18 INVT
List of Tables
1 Global Power Converter Market Outlook, By Region (2022-2030) ($MN)
2 Global Power Converter Market Outlook, By Type (2022-2030) ($MN)
3 Global Power Converter Market Outlook, By AC to DC Converters (2022-2030) ($MN)
4 Global Power Converter Market Outlook, By DC to AC Converters (2022-2030) ($MN)
5 Global Power Converter Market Outlook, By DC to DC Converters (2022-2030) ($MN)
6 Global Power Converter Market Outlook, By AC to AC Converters (2022-2030) ($MN)
7 Global Power Converter Market Outlook, By Output Power (2022-2030) ($MN)
8 Global Power Converter Market Outlook, By Low Power (Up to 1 kW) (2022-2030) ($MN)
9 Global Power Converter Market Outlook, By Medium Power (1 kW to 10 kW) (2022-2030) ($MN)
10 Global Power Converter Market Outlook, By High Power (Above 10 kW) (2022-2030) ($MN)
11 Global Power Converter Market Outlook, By Voltage Range (2022-2030) ($MN)
12 Global Power Converter Market Outlook, By Low Voltage (Up to 1 kV) (2022-2030) ($MN)
13 Global Power Converter Market Outlook, By Medium Voltage (1 kV to 35 kV) (2022-2030) ($MN)
14 Global Power Converter Market Outlook, By High Voltage (Above 35 kV) (2022-2030) ($MN)
15 Global Power Converter Market Outlook, By Component (2022-2030) ($MN)
16 Global Power Converter Market Outlook, By Power Semiconductor Devices (2022-2030) ($MN)
17 Global Power Converter Market Outlook, By Control Units (2022-2030) ($MN)
18 Global Power Converter Market Outlook, By Magnetics and Inductors (2022-2030) ($MN)
19 Global Power Converter Market Outlook, By Capacitors (2022-2030) ($MN)
20 Global Power Converter Market Outlook, By Other Components (2022-2030) ($MN)
21 Global Power Converter Market Outlook, By Application (2022-2030) ($MN)
22 Global Power Converter Market Outlook, By Renewable Energy (2022-2030) ($MN)
23 Global Power Converter Market Outlook, By Transportation (2022-2030) ($MN)
24 Global Power Converter Market Outlook, By Electric Vehicles (2022-2030) ($MN)
25 Global Power Converter Market Outlook, By Railways (2022-2030) ($MN)
26 Global Power Converter Market Outlook, By Marine (2022-2030) ($MN)
27 Global Power Converter Market Outlook, By Consumer Electronics (2022-2030) ($MN)
28 Global Power Converter Market Outlook, By Smartphones (2022-2030) ($MN)
29 Global Power Converter Market Outlook, By Laptops (2022-2030) ($MN)
30 Global Power Converter Market Outlook, By TVs (2022-2030) ($MN)
31 Global Power Converter Market Outlook, By Industrial Automation (2022-2030) ($MN)
32 Global Power Converter Market Outlook, By Medical Equipment (2022-2030) ($MN)
33 Global Power Converter Market Outlook, By Data Centers (2022-2030) ($MN)
34 Global Power Converter Market Outlook, By Smart Grids (2022-2030) ($MN)
35 Global Power Converter Market Outlook, By End User (2022-2030) ($MN)
36 Global Power Converter Market Outlook, By Automotive (2022-2030) ($MN)
37 Global Power Converter Market Outlook, By Aerospace & Defense (2022-2030) ($MN)
38 Global Power Converter Market Outlook, By Telecommunications (2022-2030) ($MN)
39 Global Power Converter Market Outlook, By Healthcare (2022-2030) ($MN)
40 Global Power Converter Market Outlook, By Manufacturing (2022-2030) ($MN)
41 Global Power Converter Market Outlook, By Utilities (2022-2030) ($MN)
42 Global Power Converter Market Outlook, By IT & Data Centers (2022-2030) ($MN)
43 Global Power Converter Market Outlook, By Government & Public Infrastructure (2022-2030) ($MN)
44 Global Power Converter Market Outlook, By Commercial and Retail (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
