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 2014, certain industry segments have performed better than others, precipitating revenue volatility during the period. 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 manufactures 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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.