United States (US) Power Convertor Market (2025-2031) | Value, Industry, Growth, Trends, Share, Outlook, Size, Companies, Forecast, Revenue & Analysis

Name: United States (US) Power Convertor Market (2025-2031) | Trends & Revenue
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Product Types (Low Voltage Power Converter, High Voltage Power Converter), By Applications (Electronics, Industrial, Infrastructure & Transportation, Power Utilities, Others) And Competitive Landscape

Product Code: ETC005301	Publication Date: Sep 2020	Updated Date: Nov 2025	Product Type: Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 70	No. of Figures: 35	No. of Tables: 5

United States (US) Power Convertor Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, the United States continued to see a steady flow of power converter imports, predominantly sourced from China, Mexico, Philippines, Thailand, and Vietnam. The market showed a low concentration with a consistent Herfindahl-Hirschman Index (HHI). However, there was a notable decline in growth rate from 2023 to 2024 at -12.07%, contrasting the overall positive Compound Annual Growth Rate (CAGR) of 6.66% over the period of 2020-2024. This data indicates the resilience of the US power converter import market amidst fluctuating trends and the diverse sourcing strategies employed by US businesses.

United States (US) Power Convertor Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

United States (US) Power Convertor Market Outlook
Market Size of United States (US) Power Convertor Market, 2024
Forecast of United States (US) Power Convertor Market, 2026
Historical Data and Forecast of United States (US) Power Convertor Revenues & Volume for the Period 2021 - 2031
United States (US) Power Convertor Market Trend Evolution
United States (US) Power Convertor Market Drivers and Challenges
United States (US) Power Convertor Price Trends
United States (US) Power Convertor Porter's Five Forces
United States (US) Power Convertor Industry Life Cycle
Historical Data and Forecast of United States (US) Power Convertor Market Revenues & Volume By Product Types for the Period 2021 - 2031
Historical Data and Forecast of United States (US) Power Convertor Market Revenues & Volume By Low Voltage Power Converter for the Period 2021 - 2031
Historical Data and Forecast of United States (US) Power Convertor Market Revenues & Volume By High Voltage Power Converter for the Period 2021 - 2031
Historical Data and Forecast of United States (US) Power Convertor Market Revenues & Volume By Applications for the Period 2021 - 2031
Historical Data and Forecast of United States (US) Power Convertor Market Revenues & Volume By Electronics for the Period 2021 - 2031
Historical Data and Forecast of United States (US) Power Convertor Market Revenues & Volume By Industrial for the Period 2021 - 2031
Historical Data and Forecast of United States (US) Power Convertor Market Revenues & Volume By Infrastructure & Transportation for the Period 2021 - 2031
Historical Data and Forecast of United States (US) Power Convertor Market Revenues & Volume By Power Utilities for the Period 2021 - 2031
Historical Data and Forecast of United States (US) Power Convertor Market Revenues & Volume By Others for the Period 2021 - 2031
United States (US) Power Convertor Import Export Trade Statistics
Market Opportunity Assessment By Product Types
Market Opportunity Assessment By Applications
United States (US) Power Convertor Top Companies Market Share
United States (US) Power Convertor Competitive Benchmarking By Technical and Operational Parameters
United States (US) Power Convertor Company Profiles
United States (US) Power Convertor Key Strategic Recommendations

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 United States (US) Power Convertor Market Overview

3.1 United States (US) Country Macro Economic Indicators

3.2 United States (US) Power Convertor Market Revenues & Volume, 2019 & 2026F

3.3 United States (US) Power Convertor Market - Industry Life Cycle

3.4 United States (US) Power Convertor Market - Porter's Five Forces

3.5 United States (US) Power Convertor Market Revenues & Volume Share, By Product Types, 2019 & 2026F

3.6 United States (US) Power Convertor Market Revenues & Volume Share, By Applications, 2019 & 2026F

4 United States (US) Power Convertor Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing adoption of renewable energy sources like solar and wind power, driving the demand for power converters.

4.2.2 Growing investments in infrastructure development and industrial automation, leading to higher demand for power converters.

4.2.3 Technological advancements in power conversion systems, improving efficiency and performance.

4.3 Market Restraints

4.3.1 Volatility in raw material prices affecting manufacturing costs of power converters.

4.3.2 Stringent regulatory standards and compliance requirements impacting the market growth.

4.3.3 Intense competition among key market players leading to pricing pressures.

5 United States (US) Power Convertor Market Trends

6 United States (US) Power Convertor Market, By Types

6.1 United States (US) Power Convertor Market, By Product Types

6.1.1 Overview and Analysis

6.1.2 United States (US) Power Convertor Market Revenues & Volume, By Product Types, 2016 - 2026F

6.1.3 United States (US) Power Convertor Market Revenues & Volume, By Low Voltage Power Converter, 2016 - 2026F

6.1.4 United States (US) Power Convertor Market Revenues & Volume, By High Voltage Power Converter, 2016 - 2026F

6.2 United States (US) Power Convertor Market, By Applications

6.2.1 Overview and Analysis

6.2.2 United States (US) Power Convertor Market Revenues & Volume, By Electronics, 2016 - 2026F

6.2.3 United States (US) Power Convertor Market Revenues & Volume, By Industrial, 2016 - 2026F

6.2.4 United States (US) Power Convertor Market Revenues & Volume, By Infrastructure & Transportation, 2016 - 2026F

6.2.5 United States (US) Power Convertor Market Revenues & Volume, By Power Utilities, 2016 - 2026F

6.2.6 United States (US) Power Convertor Market Revenues & Volume, By Others, 2016 - 2026F

7 United States (US) Power Convertor Market Import-Export Trade Statistics

7.1 United States (US) Power Convertor Market Export to Major Countries

7.2 United States (US) Power Convertor Market Imports from Major Countries

8 United States (US) Power Convertor Market Key Performance Indicators

8.1 Average efficiency improvement in power converters.

8.2 Percentage increase in demand for power converters from renewable energy projects.

8.3 Number of patents filed for innovative power conversion technologies.

8.4 Adoption rate of smart grid technologies utilizing power converters.

8.5 Rate of investment in research and development for power converter technologies.

9 United States (US) Power Convertor Market - Opportunity Assessment

9.1 United States (US) Power Convertor Market Opportunity Assessment, By Product Types, 2019 & 2026F

9.2 United States (US) Power Convertor Market Opportunity Assessment, By Applications, 2019 & 2026F

10 United States (US) Power Convertor Market - Competitive Landscape

10.1 United States (US) Power Convertor Market Revenue Share, By Companies, 2024

10.2 United States (US) Power Convertor Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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