Report Detail
Global Matrix Converter Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032
- RnM4668376 |
- 22 January, 2026 |
- Global |
- 76 Pages |
- GIR |
- Machinery & Equipment
According to our (Global Info Research) latest study, the global Matrix Converter market size was valued at US$ 684 million in 2025 and is forecast to a readjusted size of US$ 891 million by 2032 with a CAGR of 3.9% during review period.
Matrix Converter is defined as a converter with a single stage of conversion. It utilizes bidirectional controlled switch to achieve automatic conversion of power from AC to AC. It provides an alternative to PWM voltage rectifier doublesided.
Currently, only Yaskawa and Fuji Electric have commercially produced Matrix Converter products. Manufacturers like ABB believe that the MC technology is attractive, but it requires more research before it can be fully explored for industrial applications.
In the global market, the core manufacturers of Matrix Converters are Yaskawa and Fuji Electric, with the top two companies in the industry accounting for more than 99% of the market share. North America, Europe, Japan, and China are the main production regions for this product, and they all occupy about 20% of the global market share. The product is categorised into low voltage converters and medium voltage converters based on the product type. The products are widely used in general machinery, HVAC and compressors, cranes and hoists, pumps and fans, oil and gas, new energy and other industries.
This report is a detailed and comprehensive analysis for global Matrix Converter market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Matrix Converter market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Matrix Converter market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Matrix Converter market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Matrix Converter market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Matrix Converter
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Matrix Converter market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Yaskawa, Fuji Electric, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Matrix Converter market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Low Voltage Converter
Medium Voltage Converter
Market segment by Application
General-purpose Machinery
HVAC and Compressors
Cranes and Hoists
Pumps and Fans
Oil & gas
New Energy
Others
Major players covered
Yaskawa
Fuji Electric
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Matrix Converter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Matrix Converter, with price, sales quantity, revenue, and global market share of Matrix Converter from 2021 to 2026.
Chapter 3, the Matrix Converter competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Matrix Converter breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Matrix Converter market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Matrix Converter.
Chapter 14 and 15, to describe Matrix Converter sales channel, distributors, customers, research findings and conclusion.
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Matrix Converter Consumption Value by Type: 2021 Versus 2025 Versus 2032
- 1.3.2 Low Voltage Converter
- 1.3.3 Medium Voltage Converter
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Matrix Converter Consumption Value by Application: 2021 Versus 2025 Versus 2032
- 1.4.2 General-purpose Machinery
- 1.4.3 HVAC and Compressors
- 1.4.4 Cranes and Hoists
- 1.4.5 Pumps and Fans
- 1.4.6 Oil & gas
- 1.4.7 New Energy
- 1.4.8 Others
- 1.5 Global Matrix Converter Market Size & Forecast
- 1.5.1 Global Matrix Converter Consumption Value (2021 & 2025 & 2032)
- 1.5.2 Global Matrix Converter Sales Quantity (2021-2032)
- 1.5.3 Global Matrix Converter Average Price (2021-2032)
2 Manufacturers Profiles
- 2.1 Yaskawa
- 2.1.1 Yaskawa Details
- 2.1.2 Yaskawa Major Business
- 2.1.3 Yaskawa Matrix Converter Product and Services
- 2.1.4 Yaskawa Matrix Converter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.1.5 Yaskawa Recent Developments/Updates
- 2.2 Fuji Electric
- 2.2.1 Fuji Electric Details
- 2.2.2 Fuji Electric Major Business
- 2.2.3 Fuji Electric Matrix Converter Product and Services
- 2.2.4 Fuji Electric Matrix Converter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.2.5 Fuji Electric Recent Developments/Updates
3 Competitive Environment: Matrix Converter by Manufacturer
- 3.1 Global Matrix Converter Sales Quantity by Manufacturer (2021-2026)
- 3.2 Global Matrix Converter Revenue by Manufacturer (2021-2026)
- 3.3 Global Matrix Converter Average Price by Manufacturer (2021-2026)
- 3.4 Market Share Analysis (2025)
- 3.4.1 Producer Shipments of Matrix Converter by Manufacturer Revenue ($MM) and Market Share (%): 2025
- 3.4.2 Top 3 Matrix Converter Manufacturer Market Share in 2025
- 3.4.3 Top 6 Matrix Converter Manufacturer Market Share in 2025
- 3.5 Matrix Converter Market: Overall Company Footprint Analysis
- 3.5.1 Matrix Converter Market: Region Footprint
- 3.5.2 Matrix Converter Market: Company Product Type Footprint
- 3.5.3 Matrix Converter Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Matrix Converter Market Size by Region
- 4.1.1 Global Matrix Converter Sales Quantity by Region (2021-2032)
- 4.1.2 Global Matrix Converter Consumption Value by Region (2021-2032)
- 4.1.3 Global Matrix Converter Average Price by Region (2021-2032)
- 4.2 North America Matrix Converter Consumption Value (2021-2032)
- 4.3 Europe Matrix Converter Consumption Value (2021-2032)
- 4.4 Asia-Pacific Matrix Converter Consumption Value (2021-2032)
- 4.5 South America Matrix Converter Consumption Value (2021-2032)
- 4.6 Middle East & Africa Matrix Converter Consumption Value (2021-2032)
5 Market Segment by Type
- 5.1 Global Matrix Converter Sales Quantity by Type (2021-2032)
- 5.2 Global Matrix Converter Consumption Value by Type (2021-2032)
- 5.3 Global Matrix Converter Average Price by Type (2021-2032)
6 Market Segment by Application
- 6.1 Global Matrix Converter Sales Quantity by Application (2021-2032)
- 6.2 Global Matrix Converter Consumption Value by Application (2021-2032)
- 6.3 Global Matrix Converter Average Price by Application (2021-2032)
7 North America
- 7.1 North America Matrix Converter Sales Quantity by Type (2021-2032)
- 7.2 North America Matrix Converter Sales Quantity by Application (2021-2032)
- 7.3 North America Matrix Converter Market Size by Country
- 7.3.1 North America Matrix Converter Sales Quantity by Country (2021-2032)
- 7.3.2 North America Matrix Converter Consumption Value by Country (2021-2032)
- 7.3.3 United States Market Size and Forecast (2021-2032)
- 7.3.4 Canada Market Size and Forecast (2021-2032)
- 7.3.5 Mexico Market Size and Forecast (2021-2032)
8 Europe
- 8.1 Europe Matrix Converter Sales Quantity by Type (2021-2032)
- 8.2 Europe Matrix Converter Sales Quantity by Application (2021-2032)
- 8.3 Europe Matrix Converter Market Size by Country
- 8.3.1 Europe Matrix Converter Sales Quantity by Country (2021-2032)
- 8.3.2 Europe Matrix Converter Consumption Value by Country (2021-2032)
- 8.3.3 Germany Market Size and Forecast (2021-2032)
- 8.3.4 France Market Size and Forecast (2021-2032)
- 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
- 8.3.6 Russia Market Size and Forecast (2021-2032)
- 8.3.7 Italy Market Size and Forecast (2021-2032)
9 Asia-Pacific
- 9.1 Asia-Pacific Matrix Converter Sales Quantity by Type (2021-2032)
- 9.2 Asia-Pacific Matrix Converter Sales Quantity by Application (2021-2032)
- 9.3 Asia-Pacific Matrix Converter Market Size by Region
- 9.3.1 Asia-Pacific Matrix Converter Sales Quantity by Region (2021-2032)
- 9.3.2 Asia-Pacific Matrix Converter Consumption Value by Region (2021-2032)
- 9.3.3 China Market Size and Forecast (2021-2032)
- 9.3.4 Japan Market Size and Forecast (2021-2032)
- 9.3.5 South Korea Market Size and Forecast (2021-2032)
- 9.3.6 India Market Size and Forecast (2021-2032)
- 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
- 9.3.8 Australia Market Size and Forecast (2021-2032)
10 South America
- 10.1 South America Matrix Converter Sales Quantity by Type (2021-2032)
- 10.2 South America Matrix Converter Sales Quantity by Application (2021-2032)
- 10.3 South America Matrix Converter Market Size by Country
- 10.3.1 South America Matrix Converter Sales Quantity by Country (2021-2032)
- 10.3.2 South America Matrix Converter Consumption Value by Country (2021-2032)
- 10.3.3 Brazil Market Size and Forecast (2021-2032)
- 10.3.4 Argentina Market Size and Forecast (2021-2032)
11 Middle East & Africa
- 11.1 Middle East & Africa Matrix Converter Sales Quantity by Type (2021-2032)
- 11.2 Middle East & Africa Matrix Converter Sales Quantity by Application (2021-2032)
- 11.3 Middle East & Africa Matrix Converter Market Size by Country
- 11.3.1 Middle East & Africa Matrix Converter Sales Quantity by Country (2021-2032)
- 11.3.2 Middle East & Africa Matrix Converter Consumption Value by Country (2021-2032)
- 11.3.3 Turkey Market Size and Forecast (2021-2032)
- 11.3.4 Egypt Market Size and Forecast (2021-2032)
- 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
- 11.3.6 South Africa Market Size and Forecast (2021-2032)
12 Market Dynamics
- 12.1 Matrix Converter Market Drivers
- 12.2 Matrix Converter Market Restraints
- 12.3 Matrix Converter Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Matrix Converter and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Matrix Converter
- 13.3 Matrix Converter Production Process
- 13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Matrix Converter Typical Distributors
- 14.3 Matrix Converter Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on Matrix Converter. Industry analysis & Market Report on Matrix Converter is a syndicated market report, published as Global Matrix Converter Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Matrix Converter market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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