About the Power Conversion Equipment Manufacturing in Maryland Market Research Report
What’s Included in the Power Conversion Equipment Manufacturing in Maryland Market Research Report
Definition of the Power Conversion Equipment Manufacturing in Maryland?
Power conversion equipment manufacturers are companies that manufacture devices or systems that help transform electrical power from one form to another. Products offered include carbon and graphite products, laser systems, rectifiers, uninterruptible power supplies, extension and electrical equipment cords and capacitors. Customers served include manufacturers, businesses and households.
What’s included in the Power Conversion Equipment Manufacturing in Maryland?
The Power Conversion Equipment Manufacturing in Maryland includes 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 and manufacturing linear accelerators. Related terms covered in the Power Conversion Equipment Manufacturing in Maryland industry report includes a device that maintains a continuous supply of electric power to connected equipment from a separate source when utility power is not available, such as a battery, a device used to convert a direct current produced by a fuel cell, or another source, to an alternating current, 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, an appliance designed to protect electrical devices from power surges and power spikes, 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, a machine that creates high-energy radiation to treat cancers, using electricity to form a stream of fast-moving subatomic particles, 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 and 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.
Industry Performance of the Power Conversion Equipment Manufacturing industry in Maryland
Benchmark the Power Conversion Equipment Manufacturing in Maryland industry performance with all MD county and national performance.
Power Conversion Equipment Manufacturing in Maryland
#35 in Highest Revenue 0.2% of state's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Power Conversion Equipment Manufacturing in the US
Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Power Conversion Equipment Manufacturing industry in Maryland
See how key industry drivers, such as are impacting Power Conversion Equipment Manufacturing in Maryland
Maryland Economic Indicators
Population
New Business Formation
View more economic information in MD State Economic profile
US Key External Drivers
Consumer spending
Electric power consumption
Industrial production index
For the full list of industry drivers, see report purchase options.
County Data of the Power Conversion Equipment Manufacturing industry in Maryland
Access proprietary data on county in the Power Conversion Equipment Manufacturing in Maryland, such as Montgomery County, Harford County and Prince George's County. Data includes figures on revenue, establishments, employees and wages by counties.
Key Statistics of the Power Conversion Equipment Manufacturing industry in Maryland
Download 18 years of historical data and 5 years of projected performance.
