Overview

Power up: Growing downstream demand from construction and healthy export markets will benefit the industry

IBISWorld’s Power Conversion Equipment Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

REPORT SNAPSHOT

Market Share of Companies
Industry Statistics & Market Size
Revenue
$15bn
Annual Growth
12-17
0.5%
Annual Growth
17-22
Profit
Employment
39,971
Business
1,052

Industry Threats & Opportunities

  • Imports will continue to flood the industry, heightening external competition and tempering revenue growth
  • The rise in the value of the dollar has limited export growth
  • Low-priced imports will put downward pressure on industry profit margins

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    Industry Analysis & Industry Trends

    Due to its diverse product offering, the Power Conversion Equipment Manufacturing industry is dependent on demand in various downstream markets, including construction, industrial production and consumer electronics. Over the five years to 2017, strong demand from residential construction and rising sales of consumer electronics have translated to solid demand for a range of industry products. The industry is forecast to grow over the next five years; expansion of industry revenue will be prompted by an increase in exports and the continued growth of key markets, such as residential construction and electrical equipment manufacturing...

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    Industry Report - Industry SWOT Analysis Chapter

    While there are many product markets with varying life cycles in this industry, as a whole, the industry is considered in the mature phase of its life cycle. Industry value added (IVA), a measure of the industry's contribution to the economy, is forecast to increase 2.6%. US GDP is forecast to grow an annualized 2.0% during the same period. Strong demand from residential construction has translated into industry revenue gains and solid profit margins. The higher IVA growth rate relative to GDP growth would indicate a growing industry, but manufacturers are well-established, with clearly defined market segments and product lines.

    The number of establishments in this industry is projected to remain flat, as rising import competition limits domestic production. Ove..

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    Additional Insights for the Power Conversion Equipment Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Power Conversion Equipment Manufacturing Industry are

  • Access to high-quality inputs
  • Having links with suppliers
  • Establishment of export markets
  • IBISWorld analysts also discuss how external factors such as Trade-weighted index and Demand from electrical equipment, appliance and component manufacturing in the Power Conversion Equipment Manufacturing industry impact industry performance..

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    Industry Products

    What is the Power Conversion Equipment Manufacturing Industry?

    The Power Conversion Equipment Manufacturing industry comprises operators that manufacture carbon and graphite products, laser systems and electrical power conversion equipment. Products excluded from this industry include electric lighting equipment, household-type appliances, transformers, motors, generators, switchgear, relays, industrial controls, batteries and communication, energy and cable wiring devices.

    Industry Products
    Miscellaneous electronic systems and equipment
    Carbon and graphite products
    Laser systems, equipment and supplies
    Rectifiers
    Uninterruptible power supply
    Extension and electrical equipment cords
    Industry Activities
    Manufacturing electronic systems and equipment
    Manufacturing carbon electrodes and contacts
    Manufacturing laser systems
    Manufacturing rectifiers
    Manufacturing power supplies
    Manufacturing appliance cords
    Manufacturing battery chargers
    Manufacturing brushes and brush stock contacts
    Manufacturing linear accelerators

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Trade-weighted index
  • Demand from electrical equipment, appliance and component manufacturing
  • Value of private nonresidential construction
  • Consumer spending
  • Industrial production index
  • Number of households

  • Current Performance
  • Construction activity
  • Imports and exports
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Exports and imports
  • Strengthening demand
  • New opportunities
  • Table: Power Conversion Equipment Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Power Conversion Equipment Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Iron & Steel Manufacturing
  • Aluminum Manufacturing
  • Electrical Equipment Manufacturing

  • Key Selling Industries
  • Ball Bearing Manufacturing
  • Metalworking Machinery Manufacturing
  • Petroleum Refining

  • Products & Services
  • Miscellaneous electronic systems and equipment
  • Carbon and graphite products
  • Rectifiers
  • Laser systems, equipment and supplies
  • Uninterruptible power supply
  • Extension and electrical equipment cords
  • Chart: Power Conversion Equipment Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports
  • Construction
  • Manufacturing industries
  • Other
  • Chart: Major Market Segmentation for the Power Conversion Equipment Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Power Conversion Equipment Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Power Conversion Equipment Manufacturing Industry

  • Industry Globalization
    Major Companies
    Eaton Corporation plc
  • Table: Eaton Corporation plc - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Power Conversion Equipment Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Power Conversion Equipment Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Demand from electrical equipment, appliance and component ma (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    Alternator
  • A device used to convert a direct current produced by a fuel cell, or another source, to an alternating current.
  • Graphite Electrode
  • A conductor of electricity in a furnace that is used in electric arc and ladle steel furnaces and other smelting processes, such as production of titanium dioxide.
  • Linear Accelerator
  • A machine that creates high-energy radiation to treat cancers, using electricity to form a stream of fast-moving subatomic particles.
  • Offshore
  • The relocation of a company's business process, such as manufacturing or accounting, from one country to another, whether the work is outsourced or stays within the company.
  • Rectifier
  • A device that enables a current to flow in one (forward) direction unimpeded but does not enable a current to flow in the other (reverse) direction.
  • Research And Development (R&D)
  • Creative work undertaken by a company to increase the stock of knowledge, which can then be applied to developing a new product or improving an existing one.
  • Surge Protector
  • An appliance designed to protect electrical devices from power surges and power spikes.
  • Uninterruptible Power Supply (Ups)
  • A device that maintains a continuous supply of electric power to connected equipment from a separate source when utility power is not available (e.g. a battery).
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Power Conversion Equipment Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Power Conversion Equipment Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Power Conversion Equipment Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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