Table of Contents
Power up: Growing downstream demand from construction and healthy export markets will benefit the industry
Power Conversion Equipment Manufacturing in the US
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.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.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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