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Energy & Power Global Power Converter and Inverter Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4656463
    • |
  • 05 December, 2025
    • |
  • Global
    • |
  • 139 Pages
    • |
  • GIR
    • |
  • Energy & Power

According to our (Global Info Research) latest study, the global Power Converter and Inverter market size was valued at US$ 253 million in 2024 and is forecast to a readjusted size of USD 373 million by 2031 with a CAGR of 5.8% during review period.
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).
China is the largest Power Converter and Inverter market with about 43% market share. North America is follower, accounting for about 27% market share.
The key players are Bestek, NFA, Cobra, Kisae Technology, Rally, Energizer, Duracell, Meind, Stanley, Exeltech, Cotek, Samlex, Power Bright, Go Power, Wagan Tech, Magnum Energy, WEHO, Erayak etc. Top 3 companies occupied about 29% market share.
This report is a detailed and comprehensive analysis for global Power Converter and Inverter 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 Power Converter and Inverter market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Power Converter and Inverter market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Power Converter and Inverter market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Power Converter and Inverter market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2020-2025
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 Power Converter and Inverter
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 Power Converter and Inverter 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 Bestek, NFA, Cobra, Kisae Technology, Rally, Energizer, Duracell, Meind, Stanley, Exeltech, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Power Converter and Inverter market is split by Type and by Application. For the period 2020-2031, 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
12V Power Converter
24V Power Converter
48V and Above
Market segment by Application
Car Appliances
Outdoor Application
Others
Major players covered
Bestek
NFA
Cobra
Kisae Technology
Rally
Energizer
Duracell
Meind
Stanley
Exeltech
Cotek
Samlex
Power Bright
Go Power
Wagan Tech
Magnum Energy
WEHO
Erayak
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 Power Converter and Inverter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Power Converter and Inverter, with price, sales quantity, revenue, and global market share of Power Converter and Inverter from 2020 to 2025.
Chapter 3, the Power Converter and Inverter competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Power Converter and Inverter breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
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 2020 to 2031.
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 2020 to 2025.and Power Converter and Inverter market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
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 Power Converter and Inverter.
Chapter 14 and 15, to describe Power Converter and Inverter 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 Power Converter and Inverter Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 12V Power Converter
    • 1.3.3 24V Power Converter
    • 1.3.4 48V and Above
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Power Converter and Inverter Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Car Appliances
    • 1.4.3 Outdoor Application
    • 1.4.4 Others
  • 1.5 Global Power Converter and Inverter Market Size & Forecast
    • 1.5.1 Global Power Converter and Inverter Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Power Converter and Inverter Sales Quantity (2020-2031)
    • 1.5.3 Global Power Converter and Inverter Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Bestek
    • 2.1.1 Bestek Details
    • 2.1.2 Bestek Major Business
    • 2.1.3 Bestek Power Converter and Inverter Product and Services
    • 2.1.4 Bestek Power Converter and Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Bestek Recent Developments/Updates
  • 2.2 NFA
    • 2.2.1 NFA Details
    • 2.2.2 NFA Major Business
    • 2.2.3 NFA Power Converter and Inverter Product and Services
    • 2.2.4 NFA Power Converter and Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 NFA Recent Developments/Updates
  • 2.3 Cobra
    • 2.3.1 Cobra Details
    • 2.3.2 Cobra Major Business
    • 2.3.3 Cobra Power Converter and Inverter Product and Services
    • 2.3.4 Cobra Power Converter and Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Cobra Recent Developments/Updates
  • 2.4 Kisae Technology
    • 2.4.1 Kisae Technology Details
    • 2.4.2 Kisae Technology Major Business
    • 2.4.3 Kisae Technology Power Converter and Inverter Product and Services
    • 2.4.4 Kisae Technology Power Converter and Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Kisae Technology Recent Developments/Updates
  • 2.5 Rally
    • 2.5.1 Rally Details
    • 2.5.2 Rally Major Business
    • 2.5.3 Rally Power Converter and Inverter Product and Services
    • 2.5.4 Rally Power Converter and Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Rally Recent Developments/Updates
  • 2.6 Energizer
    • 2.6.1 Energizer Details
    • 2.6.2 Energizer Major Business
    • 2.6.3 Energizer Power Converter and Inverter Product and Services
    • 2.6.4 Energizer Power Converter and Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Energizer Recent Developments/Updates
  • 2.7 Duracell
    • 2.7.1 Duracell Details
    • 2.7.2 Duracell Major Business
    • 2.7.3 Duracell Power Converter and Inverter Product and Services
    • 2.7.4 Duracell Power Converter and Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Duracell Recent Developments/Updates
  • 2.8 Meind
    • 2.8.1 Meind Details
    • 2.8.2 Meind Major Business
    • 2.8.3 Meind Power Converter and Inverter Product and Services
    • 2.8.4 Meind Power Converter and Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Meind Recent Developments/Updates
  • 2.9 Stanley
    • 2.9.1 Stanley Details
    • 2.9.2 Stanley Major Business
    • 2.9.3 Stanley Power Converter and Inverter Product and Services
    • 2.9.4 Stanley Power Converter and Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Stanley Recent Developments/Updates
  • 2.10 Exeltech
    • 2.10.1 Exeltech Details
    • 2.10.2 Exeltech Major Business
    • 2.10.3 Exeltech Power Converter and Inverter Product and Services
    • 2.10.4 Exeltech Power Converter and Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Exeltech Recent Developments/Updates
  • 2.11 Cotek
    • 2.11.1 Cotek Details
    • 2.11.2 Cotek Major Business
    • 2.11.3 Cotek Power Converter and Inverter Product and Services
    • 2.11.4 Cotek Power Converter and Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Cotek Recent Developments/Updates
  • 2.12 Samlex
    • 2.12.1 Samlex Details
    • 2.12.2 Samlex Major Business
    • 2.12.3 Samlex Power Converter and Inverter Product and Services
    • 2.12.4 Samlex Power Converter and Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Samlex Recent Developments/Updates
  • 2.13 Power Bright
    • 2.13.1 Power Bright Details
    • 2.13.2 Power Bright Major Business
    • 2.13.3 Power Bright Power Converter and Inverter Product and Services
    • 2.13.4 Power Bright Power Converter and Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Power Bright Recent Developments/Updates
  • 2.14 Go Power
    • 2.14.1 Go Power Details
    • 2.14.2 Go Power Major Business
    • 2.14.3 Go Power Power Converter and Inverter Product and Services
    • 2.14.4 Go Power Power Converter and Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 Go Power Recent Developments/Updates
  • 2.15 Wagan Tech
    • 2.15.1 Wagan Tech Details
    • 2.15.2 Wagan Tech Major Business
    • 2.15.3 Wagan Tech Power Converter and Inverter Product and Services
    • 2.15.4 Wagan Tech Power Converter and Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 Wagan Tech Recent Developments/Updates
  • 2.16 Magnum Energy
    • 2.16.1 Magnum Energy Details
    • 2.16.2 Magnum Energy Major Business
    • 2.16.3 Magnum Energy Power Converter and Inverter Product and Services
    • 2.16.4 Magnum Energy Power Converter and Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 Magnum Energy Recent Developments/Updates
  • 2.17 WEHO
    • 2.17.1 WEHO Details
    • 2.17.2 WEHO Major Business
    • 2.17.3 WEHO Power Converter and Inverter Product and Services
    • 2.17.4 WEHO Power Converter and Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.17.5 WEHO Recent Developments/Updates
  • 2.18 Erayak
    • 2.18.1 Erayak Details
    • 2.18.2 Erayak Major Business
    • 2.18.3 Erayak Power Converter and Inverter Product and Services
    • 2.18.4 Erayak Power Converter and Inverter Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.18.5 Erayak Recent Developments/Updates

3 Competitive Environment: Power Converter and Inverter by Manufacturer

  • 3.1 Global Power Converter and Inverter Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Power Converter and Inverter Revenue by Manufacturer (2020-2025)
  • 3.3 Global Power Converter and Inverter Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Power Converter and Inverter by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Power Converter and Inverter Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Power Converter and Inverter Manufacturer Market Share in 2024
  • 3.5 Power Converter and Inverter Market: Overall Company Footprint Analysis
    • 3.5.1 Power Converter and Inverter Market: Region Footprint
    • 3.5.2 Power Converter and Inverter Market: Company Product Type Footprint
    • 3.5.3 Power Converter and Inverter 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 Power Converter and Inverter Market Size by Region
    • 4.1.1 Global Power Converter and Inverter Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Power Converter and Inverter Consumption Value by Region (2020-2031)
    • 4.1.3 Global Power Converter and Inverter Average Price by Region (2020-2031)
  • 4.2 North America Power Converter and Inverter Consumption Value (2020-2031)
  • 4.3 Europe Power Converter and Inverter Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Power Converter and Inverter Consumption Value (2020-2031)
  • 4.5 South America Power Converter and Inverter Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Power Converter and Inverter Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Power Converter and Inverter Sales Quantity by Type (2020-2031)
  • 5.2 Global Power Converter and Inverter Consumption Value by Type (2020-2031)
  • 5.3 Global Power Converter and Inverter Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Power Converter and Inverter Sales Quantity by Application (2020-2031)
  • 6.2 Global Power Converter and Inverter Consumption Value by Application (2020-2031)
  • 6.3 Global Power Converter and Inverter Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Power Converter and Inverter Sales Quantity by Type (2020-2031)
  • 7.2 North America Power Converter and Inverter Sales Quantity by Application (2020-2031)
  • 7.3 North America Power Converter and Inverter Market Size by Country
    • 7.3.1 North America Power Converter and Inverter Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Power Converter and Inverter Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Power Converter and Inverter Sales Quantity by Type (2020-2031)
  • 8.2 Europe Power Converter and Inverter Sales Quantity by Application (2020-2031)
  • 8.3 Europe Power Converter and Inverter Market Size by Country
    • 8.3.1 Europe Power Converter and Inverter Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Power Converter and Inverter Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Power Converter and Inverter Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Power Converter and Inverter Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Power Converter and Inverter Market Size by Region
    • 9.3.1 Asia-Pacific Power Converter and Inverter Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Power Converter and Inverter Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Power Converter and Inverter Sales Quantity by Type (2020-2031)
  • 10.2 South America Power Converter and Inverter Sales Quantity by Application (2020-2031)
  • 10.3 South America Power Converter and Inverter Market Size by Country
    • 10.3.1 South America Power Converter and Inverter Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Power Converter and Inverter Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Power Converter and Inverter Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Power Converter and Inverter Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Power Converter and Inverter Market Size by Country
    • 11.3.1 Middle East & Africa Power Converter and Inverter Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Power Converter and Inverter Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Power Converter and Inverter Market Drivers
  • 12.2 Power Converter and Inverter Market Restraints
  • 12.3 Power Converter and Inverter 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 Power Converter and Inverter and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Power Converter and Inverter
  • 13.3 Power Converter and Inverter 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 Power Converter and Inverter Typical Distributors
  • 14.3 Power Converter and Inverter 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 Power Converter and Inverter. Industry analysis & Market Report on Power Converter and Inverter is a syndicated market report, published as Global Power Converter and Inverter Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Power Converter and Inverter market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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