Market Forecast By Types (Low Voltage Power Converter, High Voltage Power Converter), By Applications (Electronics, Power Utility, Transportation Infrastructure, Industrial, Telecommunication Infrastructure & Others), By Countries (India, Japan, China, Australia, Thailand, Indonesia, Malaysia & Rest Of Asia Pacific Region) And Competitive Landscape
According to 6Wresearch, Asia Pacific (APAC) Power Converter Market size is anticipated to register growth during 2020-26. India and China together accounted for a leading share of market revenues owing to the growing electricity consumption in the countries. India is expected to increase is electricity consumption by over 5% during the next ten years. Also, with the declining prices of the products, due to the expanding manufacturing base in China, the power converter market is expected to register high growth during the forecast period. Based on applications, telecommunication infrastructure, and power utility segment accounted for a leading share of market demand owing to the growing government expenditure for the expansion of the telecom infrastructure in the region.
Key Highlights of the Report:
- Asia Pacific Power Converter Market Overview
- Asia Pacific Power Converter Market Outlook
- Asia Pacific Power Converter Market Forecast
- Historical Data of Asia Pacific Power Converter Market Revenues & Volume for the Period 2016-2019
- Market Size & Forecast of Asia Pacific Power Converter Market Revenues & Volume, By Types, Until 2026
- Historical Data of Thailand Power Converter Market Revenues & Volume, for the Period 2016-2019
- Market Size & Forecast of Thailand Power Converter Market Revenues & Volume, Until 2026
- Historical Data of Indonesia Power Converter Market Revenues & Volume, for the Period 2016-2019
- Market Size & Forecast of Indonesia Power Converter Market Revenues & Volume, Until 2026
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