Global High Voltage Converter Market Growth 2024-2030
A high voltage converter is a device that converts high voltage currents, such as 200 V and 400 V, commonly used in industrial settings. A converter that changes AC current to DC current is known as an AC/DC converter, while a converter that modifies DC current levels is called a DC/DC converter. Most AC/DC converters utilize diodes like MOSFETs for converting AC to DC through switching, whereas DC/DC converters typically use resistors or other components to induce a voltage drop, thereby altering the voltage.
High voltage converters are widely used in industries requiring high voltage power supplies. These converters are essential for powering industrial DC motors, converting power for industrial equipment from AC to DC, and reducing voltage to drive equipment at its rated current. When selecting high voltage converters, compatibility with the intended current and voltage, size, loss, insulation performance, and safety are critical considerations.
The global High Voltage Converter market size is projected to grow from US$ 471 million in 2024 to US$ 916 million in 2030; it is expected to grow at a CAGR of 11.7% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “High Voltage Converter Industry Forecast” looks at past sales and reviews total world High Voltage Converter sales in 2023, providing a comprehensive analysis by region and market sector of projected High Voltage Converter sales for 2024 through 2030. With High Voltage Converter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Voltage Converter industry.
This Insight Report provides a comprehensive analysis of the global High Voltage Converter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High Voltage Converter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global High Voltage Converter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Voltage Converter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High Voltage Converter.
United States market for High Voltage Converter is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for High Voltage Converter is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for High Voltage Converter is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key High Voltage Converter players cover Analog Devices, Inc., Wall Industries Inc., Spellman High Voltage Electronics Corporation, SynQor, Inc., Crane Co., etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of High Voltage Converter market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
AC/DC High Voltage Converter
DC/DC High Voltage Converter
Segmentation by Application:
Industrial
Communications
Military
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Analog Devices, Inc.
Wall Industries Inc.
Spellman High Voltage Electronics Corporation
SynQor, Inc.
Crane Co.
Pico Electronics
Vitesco Technologies GmbH
Morson America LLC
Robert Bosch
TDK Corporation
Artesyn Embedded Power
STMicroelectronics
HVM Technology, Inc.
Key Questions Addressed in this Report
What is the 10-year outlook for the global High Voltage Converter market?
What factors are driving High Voltage Converter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do High Voltage Converter market opportunities vary by end market size?
How does High Voltage Converter break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.